CHARITY REGISTRATION NUMBER: 1161514 Hudswell Community Charity Unaudited Financial Statements 31 October 2025 IAN cc Chartered accountants Unit 1, Borough House Business Centre. 5 Borough Road, Richmond, North Yorkshire DL10 4SX
Hudswell Community Charity Financial Statements Year ended 31 October 2025 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Statement of cash flovrs Notes to the financial statements The following pag08 do not fomi part of the financlal 8tatem•nts Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 21
Hudswell Community Charity Trustses. Annual Report Year ended 31 October 2025 The Iruslees present their reFQrt arKI the unaudited financial Statements of the charity for the y8ar ended 31 Oclob8r 2025. R•f8r8nce and administratlve detalls Reglstored charity namo Hudswell Community Charity Charlty regl8tration numbor 1161514 PrIn¢l1 office Sheep Dip Cottage Hudswell Richmond North Yorkshire DL1168Q The tTU8t¢e• Rev M Fletcher Mr M T Booth Ms J A Sumner Mrs S C Fem-williams Mr I Whinray Mr P Simmond$ Mrs H Swéttenham Independent examlner Mr R I Crlsop Unrt 1, Borough House Business Centre, 5 Borough Road. RhMOnd. North Yorkshire DLIO 4SX 8tructure. govern•n¢e and manag•m•nt The Charity Is governed by a board of trustees who meet on a regukr bas18 and is constituted under the Charitses. Act 2011. Objoctlves and actlvities Charilabte objects The proventson or relief of povety and the relief of sickness in Hudswell and ihe suffounding areas. Activilses Hu¢swg11 Gommunlty Ghorlty fulfills its obhectlves through providing houalng for those who In n¢ed, providing grants lo young people in hKJher eduCatn and wth the maintenance. improvement or provision of publr amenrties.
Hudswell Community Charity Trustses. Annual Report Yaar endad 31 October 2025 A¢hlevements and perfonnanc? Once again it was a very busy year for Hudswell Community Charity with the ongoing building works. Circumstances Ilargely lo do with the availabilty of funding) combined to mean that we found ourselves running these major building projects al the same time. Thèse were, of course. the construction of the new Plews Cottages and Ihe conversion of Sl Michael and All Angels Church Into St Michaels Lodg8. Whilst there were certain financial and logistul advantages in doing this as many of the same trades were inVoed and coukl move easity from one site lo the other. the managerial burden has been considerable. New Plews Cottage5 Last year, we reported tho start of constru¢twi on three new homes. L1 builder Rob Pelch18d the project. with assistance from local Ifadespeople and volunteers. This combination has been effective throughout the rest of the year, resulling In the homes being completed in February. Two of thè homes were let to local people with very strong ¢onneclions to the village and the third shared equity proporty was allocated lo a couple moving lo Hudswell. who have many relatsves hero. The opening event saw many villagers come lo view the homes fore they V+Ere occupied and marvel at the "hidden" far infra- red healing, powered by solar and battery power. surrounded by super insulated walls and ceiling$ that mean5 that energy costs a low, whilst the homes are warm. The lightin9 and healing are controlled by a home management system that switches light and heal on and off automatically There have been a few teething problems wlh these systems. not aided by the fact that the powgr supply to the cottages is not as 9C4)d a$ Il $hould be. bul these have largely been or will be fesolved. The opening event also saw a visit from County Councilor George Jabour, the Vice Chair of North Yorkshire Coun¢il. who was very imprèssed with what had been aChved Our local MP had been lo see the homes a few weeks earlier and also congratulated the Charity on our achievement writin9 in press rea$8, The Charity has done an excellent Job of creabng much-needed homes lor k)cal people in their community. The quality and sustainability of the three units is very impressive and I think what has been achieved by the Charity in Hudswell 18 a great exam* of how a vlllage can help itsell to remain vibrant." The tnjstees are very pleased wth the outcome and also very graleful lo the many villagers who came to help with some of the manual tasks. We can all be proud of the results. Sl Michael'8 Lodge Last year we reported that work on the intemal structure of Sl Michael$ Lodge was about to begin. Ever Since then. the church has téen a hive of actiw'ty. Ihe result of which is a stunning transfomiation which has seen the all the hislonc fealures of the bvikling retained. whilst providin9 modern accomm¢)dalion in six ensuite rooms, a residenY$ lounge and dinin9 area provided in the fomier chancel and kitchen in the former vesty. In order to retain the feeling of a large space the trustees were very keen that users should be able lo see right through to large East Window and up to the wooden ceiling when they enter the building. This has been achieved using floof lo ceiling glass to preserve these views. All the beautiful $tainedl8$S wndows have been retained, restored and given secondary internal glazing. The fomier pews havg b8èn revused in the construction of thè bunk beds ants Jining tsbie an¢ me former pulpll 13 rvu5ed as Ih? rPtIon desk. We have appointed ICal resident Melanie Sadler as the Manager of the Lodge and She is working hard with the trustees and with our websitè deSn company UBQ Euro, lo ensure that guests will be atlracled to stay in the Lodge. The Lodge was opened on 24th May and many villagers attended. The original idea behind this project was to preserve our fomer parish church and gNe it a new purpose that would proVe a sustainabk income and also support the
Hudswell Community Charity Trusteès. Annual Report (contsnuodj Year ended 31 October 2025 community owned projects in Hudswell, including the George and D(agon, the Litue Shop and the Village Hall. The outcom•$ of the Origins of Hudswell Project community archaeology project have been summarized in explanaty.on boards that are displayed in the Lodge. The pilgrimage walk from Riehmond lo Downhome on Sl Michaels day took pL4ce again last year and will be an annu81 event and Hudswell 1$ n¢)w fimity on the pilgrimage route from Durham to Sanb"ago. Education Fvnd, other grants and our other homes We have given out a one Education grants In the last year and supported the Hudswell Children's Christmas Party again. We continue to manage our other six homes, which have seen no changes in tenancy. We have begun a programme of improvement to the older three Plews Cottages Flnanclal r•vl•w 1115 the goal of the Charty to maintain unreslncled funds al a level that 8quales lo approximately 3 months unreslricled expenditur8. This V*Duld provKie sufficient funds to cover management, adminislralion and support Costs in adverse conditions. The Iruslees, annual report was approved on 27 Juty 2026 and signed on behalf of the board ol Irusle&s by.. Mr M T Booth Trustee
Hudswell Community Charity Independent Examinerfs Report to the Trustees of Hudswell Community Charity Year ended 31 October 2025 I report to the trustees on my examinaknon of the financial ststemenls of Hudswell Community Chanty I'lhe chanty'l lor the year ended 31 October 2025. Re8ponslbllltie* and basls of report As the trustees of the charty you are SPOnSible for the preparation of the financial statements in accordance with thè requirements of the Charities Act 2011 I'the Acl'l I report in respect of my examination of the chafivs financwl statements carried out under section 145 of the 2011 Act and in carrying out my examination I have folbwed all the applicable Direcbons given by the Charity Commission under 145(51{bl of the Act. Indopondent examlnerf8 8tatemont Since the charity's gross income exceeded £250,CQO your examiner musl be a member of a body listed in se¢l¢on 145 of Ihe 2011 Act. I confimi that l am qualified to undertake the examination because l am a member ol the Institute of Chartered Ac¢ountanls In En9land and Wales IICAEW), which is one of the lisled bcdi8S. I have Completed my eXaminatn. I confirm that no material matters have Gome lo my attention in connection with the examinatn gmng me cause lo beIle that in any material respect.. a¢countsng record$ were not kopt in respect of the charity as required by section 130 of the ACL or the financial stal•menls do not ¥¢ord with those re¢ords', or the financial statements do not Comply wrth the applicable requirements concerning the form and content of accounts set out in the CharitS (Accounts and Resy)rtsl Regulations 2008 other than any qUirement that the accounts gwe a 'true and fair view vA)ich is not a matter considered as part of an independent examination. I have no conc•rns and havg come across no other matt•rs in connection wth the examinatn lo which attention should be dfawn in this report in order to en8bl& a proper understanding ol the accounts to be reached. Mr R I Crisop Independent Examiner Unit 1, Borough House 8u$iness Centre, 5 Borough Road. Richmond, North Yorkshlre DL10 4SX 27 Juty 2026
Hudswell Community Charity Statement of Financial Activities Year ended 31 October 2025 2025 Unrestricted Restncted funds fvnds Total fund6 Totsl funds 2024 Not• Income and endowments Donations and legacies charitab activities Investment income 51)0.670 1,494 70,712 5LKJ.670 1.494 70.712 413.441 3.136 40,709 457,288 Total Incorne 572.876 572,876 Expenditure Expendrtuff on ¢haritable ath'vit Total expendlture 126,745 126,745 126,745 67,228 67,228 126.745 Not Income 446.131 446.131 390,058 Oth•r rnCognIs galns and 1088 Fair value movements 47 47 3.018 393,076 Net movement Sn fund8 446.178 446,178 Reconeillatlon ol funds Total funds brought fomard Total fund• carrled fotward 1.057.644 1.503,822 145,821 145.821 1,203.465 1,649,643 810.389 1,203,465 The statement of financial activrts includes all gains and losses recognised in the year. All income and expenditure derive from ¢onlinuing activitr'es. The notes on pa9es 8 to 18 fom part of the¥¢ financial statements.
Hudswell Community Charity Statemant of Financial Position 31 October 2025 2025 2024 Flxed as80ts Tangible fixed assets Investmonts 13 2,104.789 14 7.086 2.111,875 1,442,904 7,039 1.449,943 Current as8et8 Debtors Cash al bank and in hand 15 19,229 55,986 75,215 45,542 171,071 216,613 Credltor8: amount• lJlllng due wfthln on• year Not Gurrent a8s•¢8 16 30,190 17,203 45.025 199,410 1,649.353 T¢)tsl as8ets1o88 currnnt Il¥bll6tle8 2,156,900 Cr•dltorn'. amount• falllng duo aft•r more than one yoar Not ••sets 17 507.257 445.888 1,649,643 1.203,465 Fund8 of the charlty Restricted funds Unrestricted funds 145,821 1,OS7,644 1,203,465 1,649,643 1,649,643 Total charlty funds 21 Th8$8 financial statéménts re approved by the board of trustees and authorised for issue on 27 July 2026. and ar8 signed on behalf of the board by.. Mr M T Booth Trustee TM notes on pages 8 to 18 lorrn part of these financial 8tatements.
Hudswell Community Charity Statement of Cash Flows Yaar ended 31 October 2025 2025 2024 Cash flows from operatlng actlvltlo8 Nel incom8 446,131 390,058 Adjustments for Depreciation 01 tangible fixed assets Dividends. interest and rents from investments Other interest receivable and similar income Interest payable and similar charges Accrued expenses 36,728 170,0421 16701 34,918 15.862 135.6771 15.0321 32,005 110 Changes in.. Trade and other debtors Trade and other credrtors 26.313 111.0131 462.365 {45.5421 Cash goneraled from operatKJn8 351,784 Interest paid Interest recewed {34.9181 670 132,0051 5,032 324,811 Net cash from operating activittes 428,117 Cash flow8 from Invostlng actSvltSe8 Oividends, interest and rents from investments Purchas8 of tangible assets Proceeds from sale of other investments 70.042 35,677 1698.6131 1814,594} 23,000 Nel cash used in investing actmty.es 1628,571) (755,917} Cash flow8 from flnanclng actlvltl Proceeds from borrowings Nel cash from financing activities 85,369 85,369 233,635 233,635 Net decrna•• In ¢•8h •nd h •qulvalents Cash and cash •qulvalents at beglnnlnq ofye•r Ca•h and cash equlvalents at end ofyear {115,085) {197,4711 171,071 368,542 171,071 55,988 The notets on 8 tts 18 f¢>mi p•rt Ot these finn¢i•l •tatement•.
Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2025 General inforniatlon The charrty Is a publlc benefft ents'ty and a registered charty in England and Wale5 and 15 unin¢orporaled The address of the principal office is Sheep Dip Cottage, Hudswell. Richmond, North Yorkshire, DL11 6BQ. Statgmont of ¢ompllancè These financial sialemenls have been prepared in compliance wilh FRS 102, 'The Financial Reporb'ng Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practsce applicable to charities preparing their a¢¢ounts in accordance with the Financial Reporb'ng Standard applicable in the UK and Republic of I14nd IFRS 1021 (Chanties SORP IFRS 10211 and the Charities Act 2011. Accountlng pollcl•8 Bas1$ of pr•paratlon The financial statements have teen prepared on th8 historical cost basis, as modified by Ihe revaluation of certain finanGial assets and lbilleS arKI investment properties measured at lair value through incom8 or expenditLJre. The financial statements are prepared in st&rling. which is the functbonal currency of the entity. Golng conc•m Ther• are no material uncertainties about the charitls ability lo continue. Judgement• and key 8ourc88 of ostlmatlon un¢ertalnty The preparation of the finan¢BI $tstemenls requires management to make iudgemenls. èslimales and assumplions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on expenence and other factors, Including expectstions of fvtufe events that are believed to be reasonable under the circum51ances. d judgements are continually reviewed and are based on experience and other factors. including expectatsons of future events that are believed lo be reasonabLg under the circumstances. Fund a¢countlng Unrestricted funds are available for use at the diSCretn of the trustees to fvrther any of the charrty's purposes. Deslgnated funds are unrestricted funds eannarked by the trustees for partlcular fulure prolecl or commrtment. Restricted funds are sut4'ected to reStrtiOnS on th8ir exp8nditUT8 d8el8réd by the donor or through the IEfTn5 of an appeal. and fall Into onc of tJ¥o )utTrGla33e). rutrlfjt¢il Inwme funda or endowment funds.
Hudswell Community Charity Notes to the Financial Statsments fconbnts8d) Year ended 31 October 2025 Accounllng policies (contlnuod) Incoming ro$ourc88 All incoming resources are included in the stslement ol financial aciNrties when enlrtlement has passed to the charity.. rt is probable that the economic benefits associated with the transaction will ow to the charity and the amount can be reIbty measured. The followng specific policies are applied lo particulai categorS of income.. incom8 frcmm donations ov granis is recognised en there is evtsJenGe of entiuement lo the gift, r6reipl is probable and rts amount can be measured reliably. legacy income 1$ recognised when re¢eipt is probable and ènlrtlement is e$tsblished. Ineome from donated goods is measured al the fair value of the goods unless thig 18 impracbcal lo measure reliably, in which case the value Is derived from the cost lo the donor or the estimated resale value. Donated facilib.es and services are recognised in the accounts when received if the value can be reliabty measured. No amgunts are included for the contribution of general volunteers. income from contracts for the suppty of seThices is recognised with the delivery of the onlracled servKe. This is classified as unrestrted fvnd$ unless there is a contractual requirement for it to be spent on a partular purpose and retumed if unspent, in which case it may ba regarded a$ reslricled. Ruourc•8 expend•d ExFendilure Is recognised on an accnJa13 basis a8 a lbil is incurred. Expenditure includes any VAT which cannot be fully recovered, and Is classified under headings of the statement of financial a¢tivilie8 to which rt relates.. expenditure on raising lunds includes the costs of all fundraising activits, events, non- charitable trading activitiej, and sale of donated goods. expenditure on charrtable a¢livrties include$ all costs incurred by a charity in undertaking activities that further its eharitable aims for the benefft of its beneficiaries, including those support costs and costs relating to the governance of the charity apportKJned lo charitsble acts"vth'es. other expendrture includes all expenditure that is nether related lo raising fvnds for the chanty nor part of rts expenditure on chantable a¢bvities. All costs a allocated lo expenditure categones reflecting the use of the source. Direcl costs attributable lo a single actNity are allocated diredy lo that activity. Shared costs are apportioned beeen the activities they contribute to on a reasonable. jusliffiable and consistenl basis. Tanglble a8$0ts Tangible assets are initially reeorded at C05t. and subsequenty stated at cost less any accumulated depreciation and impaiment losses. Any tangible as5els carried at revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimienl losses.
Hudswell Community Charity Notes to the Financial Ststements {conUnu Year ended 31 October 2025 Accounting policies (contlnu•dJ Tangiblo assets Iwrfnu•d) An increase in the ¢arylng amount of an asset as a result of a revaluation, 1$ recognised in oltter recognised gain5 and losses. unless it reverses a charge lor impairment that has previously been recognised as expenditure wthin the stslemenl of financial activits. A decrease in the carrying amount of an asset as a resutt ol revalualion, is recognised in other recognised gains and losses, except to which it offsets any previous revaluatson gain, In which casa the kjss is shown within other recognised gains and losses on the statement of financial activities. Depreclatlon Depreciat is calculated so as lo write off the cost or valu&'on of an asset, less its residual value, over the useful economic lrfe of that asset as follows.. Freehold propety Plant and rnachinery 1 % straight line 10V• slraighl line Inv••tm•nt• Unlisted equity investments are initialty recorded at ¢08t, and $ub$equéntly measured at fair value. If faif value cannot be reliably measured, assets are measured at cost less impairment. Listed investments are measured at fair value wrth changes in fair value being COgnised in income or expendrture. Invostrnont8 In •88oclate• Invesknenls in associates accounted for in accordance wlh the Cosl model are recoided al cost less any accumulated impairment lossès. Investments in asscciates accounted for In accordance with the falr value model a Inilialty recorded al the ITansaclion price Al each reports'ng dale, the inve3trnen15 are measLtred al lair value, with changes In fair value tsken throLFgh Income or expenditure. Where il is impracticable to measure 18ir value reliabty wilhout undue cost or effort. the cost mc4Jel will be adopted. Oividends and other distributs'ons rece¢ved from the investrnent are recognised as income wrthoul regard lo whether the distributions a from accumu18ted profits of the associate arising before or after the dale of acqui5ilion. Inv•8tm•nt8 In Jolnt Vontures Investments in jointly controlled enlitses accounted for In acrdanCe with the cost model are recorded at cost less any accumulated impaimienl losses. Inve¥lment¥ in Jginuy wntrollod entities acGounted for in aGGord•nGe with the fair value model grg initially recorded at the Iransa¢bon pri¢e. Al each reporting date. the investments are measured at fair value, with changes in fair value tsken through income or expenditure. Wheie it is impracticable to measure fair value relkqbly without undue Cost or ellorL the cost model will be adopted. 10
Hudswell Community Charity Notes to the Financial Statements (conlinu8d) Year gnded 31 October 2025 Accounting policies (¢ontinu•aJ Investments in joint ventures (contlft Dividends and other distributions recewed from the investment are recognised as income without fe9ard lo whether the distributnS are from auMulated proffits of the joint venture arising before or after the date of acquisit. Impalmient of fixed assets A review for indtitors of impaimienl is carried out al ea¢h reports.ng date, with the recoverable amount being ests'mated where such indicators 8XlSt. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also revWed for possible reversal al each reporting date. For the purposes of impaimient testing. when not F4Jssibte to estimate the recoverable amount of an 1rKlivUal asset, an esbmate is made of the recoverable amount of the Cash- generating unit lo which the assel telongs. The CaSheneratsng unil Is the smallest Identifiable group of assets that Includes the asset and 9enerales cash infflows Ihat largely independent of the cash infl¢)ws from other assets or groups of assets. For impairment lesling of go111. th& goodwll acquired in a business combination 1$, from the acquisition dale, all¢xaled to each of the cash-generatsng units that arg expected to benefit from the synergies ol the combinalK)n. irrespects've of whether other assets or liabilib'es of Ihe charity are a$Sned lo those units. Govemm•nt grants Government grants are recognised at the fair value of the asset rec6Ned or receivable. Grants are not reeognised unttl there is reasonable assurance that the charity will comply with the conditions allaching to them and the grants will te received. Where the grant does r)ot impose specified hjture Ferformantyrekted condillons on the recipient, rt 1$ recognised in income when the grant pro¢••d$ are received or receivable. Where the grant dces impose Specif future perfom)ancevfeLgled conditions on the recipient, il is recognised in income only when the perfom)ance-felaled condits'ons have been mel. Where grants received are prior to satk8fying the revenue recognition ¢riteria, they arè recognised as a Flnanclal In8truments A financial asset or a financial liability Is recognised only when the chartty becomes a paty lo the contractual provisions of the instrument. Basic financial instruments are inilrally recognised al thè amount receivable or payable including any related transaction costs. Current assets and current liabiliti8s are subSequenY measured at th8 cash or other consideration expected to be paid or eNed and not diseounted. Debt instruments ale subsequenJy measured at amortised cost. 11
Hudswell Community Charity Notes to the Financial Statements (conllnwdj Year ended 31 October 2025 A¢counting policies (¢onlinv•d) Finanelal In8twments {eaftllftuedJ Where investments in shares are PUblty traded or their fair value can otherwise be measured reliably, the investsmenl is subsequentty measured at fair value with changes In fair value recognised in income and expenditure. Al other such investments are subsequendy measured at cost less impairment. Other financial instruments. including derNabvas, are initialty recognised at fair valu&, unless payment for an asset is deferred beyond nom)al business terms or financed at 8 rale of interest that is not a market rate, in which case the asset is measured al the present Value of the future payments diseounted at a market rale of interest for a similar debt inslrumenl. Other financial instruments are subsequently measured at fair value, with any changes recognised In the statement of financial actsvibes. wth the excepb'on of hedging instruments in a designated hedging relatKshIp. Financial assets that are measured al cost or amortised are revmyed for objective evidence of impairment at the end of each reFQrting dale. If ther& 1$ objective evidence of impairment, an impairment loss is recognised under the approprrdte heading in the statement of financial activities in which the initsl gain was reccgnised. For all equity instruments regardles5 01 sKJnificance. and other financial assets that are individually significant. these are assessed indNKlually for impaiment. Other financial assets are either assessed individualty or grouped on the basis ol similar credit risk charactenstics. Any rév8rsals of impaimient are recogni$ed immediatety, to the exlenl that the revèrsal does not result in a carying amount of the financial asset that exceeds what the carrying amount would have been had the impaimienl not previousty been recognised. D•lln•d ¢ontrlbutSon plan• Contributions lo defined Contribution plans are recognised as an &xpense in the per0d in which the related service is provhled. Prepaid contributions are recognised as an asset to th8 extént that the prepayment will le&J lo a reduction in future payments or a cash refund. When contributions are not expected to be setued wholly within 12 months of the end of the reporting date in which the employees render the lated serVe, the liability is measured on a discounted present value basis. The urbwnding of the dis¢ount is recognised as an expense in the period in which it arises. Donatlons and legacles Unrestricted Funds Restricled Total Funds Funds 2025 Grants Grants 500.670 500,670 12
Hudswell Community Charity Notss to the Financial Statements (ctyMlnuj Year ended 31 October 2025 Donatlons and legacles {c¢JntsnuedJ Unrestrrted Funds Restricted Total Funds Funds 2024 Grants Grants 49,1thJ 364,341 413,441 Charltable actlvltles Unrestricted Total Funds Unrestricted Totsl Funds Funds 2025 Funds 2024 Ronble ènér9y Other income 2,764 372 2,764 372 504 $04 1,494 1,494 3,136 3,136 Invo8tm•nt income Unrestn'cted Total Funds Unrestncted Total Funds Funds 2025 Funds 2024 Rent and Utilit contributn receNed Bank interest receNable 70.042 670 70,042 670 35,677 5,032 40.709 35,677 5,032 40.709 70,712 70.712 ExndIture on charltable actlvltl•8 by fund typo Unreslricled Tolal Funds Unreslricled Tot81 Funds Funds 2025 Funds 2024 Charitable activity 126,74S 126,745 87,228 87.228 Exwndllure on charltable actlvltles by acllvlty ty AclNilies undertsken Total funds direclly 2025 Total fund 2024 Charitable activity 128.745 128,745 67,228 Net Income Nel income Is stated after ehargingll¢rediting): 2025 2024 Deprecration of tangible fued assets 36,728 15,862 13
Hudswell Community Charity Notes to the Financial Ststsments (conllnued) Year ended 31 October 2025 10. Independont examination fees 2025 2024 Fees payable lo the independent examiner for.. Independent examinab'on of the financial statements 697 730 11. Staff co•ts The total staff costs and empbyee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Employer contribution$ to penSn plans 28,636 1,455 30,091 The average head count of employees during the year was 212024.. Nill. No employee receNed emphjyee t*nefits of more than £60.OLN) during the year (2024: Nill. 12. Tru•tee romunerntlon and expen$e8 No remunelation or other benefits from employment with the Charity or 8 lated ents'ty wero received by the trustees. 13. Tanglbl• fixed a••et• Freehold property Planl and machinery Total Cost Al 1 Novembor 2024 Additions 1.499.311 627.229 2,126,540 8,695 71,384 1,508.006 698.613 At 31 October 2025 80.079 2,2C6,619 Depreclatlon Al 1 November 2024 Charge for the year At 31 October 2025 59,019 24,339 83.358 6,083 12,389 18,472 65,102 36,728 101,830 Carying amount At 31 OGtober 2025 2.043.182 1.440,292 61,607 2,612 2,104,789 1.442,904 Al 31 Octotsr 2024 14
Hudswell Community Charity Notss to the Financial Statements {conllnu•dJ Year ended 31 October 2025 14. Investments Other investments Co•t or valu•tlon At 1 November 2024 Additions Fair value movements 7,039 47 At 31 October 2025 7,086 Impalrment At 1 November 2024 and 31 October 2025 Carylng amount At 31 October 2026 7,086 Al 31 October 2024 7,039 All investments shown ab)ve are held at valuatn. 15. Debtovs 2023 2024 Other debtors 19,229 45,542 16. Cr•dltor8: amounts falllng due wlthln ona y•ar 2025 2024 Bank loans and ovérdrafts Accruals and deferrod irKome 29,000 1,190 30,190 5,000 12,203 17.203 17. Cr¢dltorn: amount8 falllng due aft?r more than ono yoar 2025 2024 Bank loans and overdrafts 507.257 445,888 18. Deferred inctyne 2025 2024 Amount deferred in year 11,013 15
Hudswell Communlty Charity Notes to the Financial Ststements (continu¥d) Yoar ended 31 October 202S 19. Pen8lon$ and other post retlrement benefits Defined ¢ontrfbutlon plans The amount reccgnised in income or exFenditure as an expense in relat to defined contribution plans was £1.45512024.' £NIll. 20. Govemment grants Th8 amounls recognised in the financial statements for government grants are as follows. 2025 2024 Recognised in Creditors." Defèrred govemmenl 9rants dug within one yèar 11,013 21. Analy81s of ch•rbt•bl• funds Unrostrlct•d fund8 At 1 Nov 2024 Gains and At losses 31 Oct 2025 Income ExFenditure Transfers General furKIs Fair value reserve 1,052,605 5,039 572.876 (126,745) 145.821 1.644,557 5,086 47 1.649,843 47 1,057.644 572,876 (126,7451 145.821 Al 1 Nov 2023 Gains and Al losses 31 Ocl 2024 Income Expendrture Transfers General funds Fair value reserve 485.461 2,021 487.482 92,945 (67,2281 541,427 1,052.605 3,018 5.039 3,018 1,057.644 92,945 (67,2281 541,427 16
Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2025 21. Analysis of Charitable funds (eonllnuod) RoStri¢t•d funds At 1 Nov 2024 Gains and At losses 31 Oct 2025 Income Expenditure Transfors Gatheld Weston Community Ownership Fund 46.532 50.000 196.5321 99,289 25,000 {124,2891 145.821 75.000 1220,821) At 1 Nov 2023 Gains and At losses 31 0¢12024 Income Expenditure Transfers Houslng Grant RDC Hudswell Origins Grant Garfield Weston Community Ownership Fund 316.127 (316,1271 6.780 {6,7801 {3,4681 50.000 46,532 137.960 (38.671) 99,289 322,907 187.960 (365.0461 145,821 17
Hudswell Community Charity Notes to the Financial Ststaments (conllftwd) Y•ar ended 31 October 2025 22, Analysls of net assets betwegn funds Unrestricled Funds Restricted Total Fund$ Funds 2025 Tangibk fixed assets Investments Current assets Creditors less than 1 year Credrtofs greatar Ihan 1 year Net assets 2.104.789 7.086 75.215 130.190) 1507,257) 1.649,643 2,104.789 7,086 75,215 130,1901 {507,2571 1,649,643 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Investments Current asset$ Creditors les$ than 1 year Crgditors greater than 1 year Net assats 1.442,904 7,039 70,792 {17.203} 1445,888) 1.057,644 1,442,904 7,039 216.613 {17,2031 1445,8881 1,203,465 145,821 145,821 The Reslricled Fund relates to a feasibility study in ¢onnedion with potential future building work$. 23. Analy61$ ol ch*nga8 In n•t debt At At 1 Nov 2024 Cash fk)ws 31 Oct 2025 Cash al bank and In hand Debt due within one year Debt due after one y8ar 171,071 1115,0851 55.986 1S.Cw)01 124.0001 129,0001 {445,8881 161,3691 1507,2571 1279.817} 1200.4541 1480.2711 18
HudswÉll Community Charity Management Inforniation Year ended 31 October 2025 Tho followlng pag•s do not fomi part of tho Ilnanclal st•t•m•nts. 19
Hudswell Community Gharity Detailed Statement of Financial Activities Y•ar ended 31 Octobar 2025 2025 2024 Income and ¢ndowm•nts Donations and lega¢les Grant5 500.670 413,441 Charltable actlvltlo8 Renewable energy Other Income 990 504 2,764 372 1,494 3,136 Inv•8tm•nt Income Rent and ulililies Contributh fece¢ved Bank interest receivable 70.042 670 35.677 5,032 70,712 40,709 Totsl Income 572,878 457.286 Expondlture Exp•ndltur8 on eharltabl8 aetlvltle8 Purchases Wages Pension Refuse 2,389 28.636 1.455 5,026 3,447 5,349 3,257 697 4.197 122 36,728 34,918 524 147 2,568 12,243 800 Repairs & maintenance Insurance Accountancy Advertising Legal and professional fees Depreciation Mortgage Interest and bank charges Sundry expenses 3,603 15,862 32,005 126,745 67,228 Total expendlturn 126,745 67,228 Net income 446,131 390,058 20
Hudswell Gommunlty Gnarlty Notes to the Detailed Statement of Financial Activities Year ended 31 October 2025 2025 2024 Expenditur• on ¢harltsblo activiti88 A¢tivity typo 1 Activities undertaken directly Purchases Wages Pension Refusè 2,389 28,636 1,455 5,026 3,447 5,349 3.257 697 4.197 122 36.728 34,918 S24 147 2.568 12.243 800 Repairs & maintsnance Insuran¢e AcGountan¢y Adverti'sing Legal and professional fees Depreciation Mortgage interest and bank charges Sundry expenses 3,603 15,862 32,005 126,745 67,228 Exp•ndlturo on charlt•ble actlvlti 126,745 67,228 21