| Page | |
|---|---|
| LegalandAdministrative | 1 |
| lndependentExaminer'Report | z |
| Statement ofFinancialActivity | 3 |
| BalanceSheet | 4 |
| Notesto theFinancialStatements | 5to11 |
| Name: | HACROCrO |
|---|---|
| RegisteredNumberi | 1163064 |
| Trustees: | ValerieBealeJP-Chair |
| JohnWalkerFCA -Treasurer | |
| Jacqui Brabazon | |
| EricPillinger | |
| ChristopherHale | |
| MarkShepperd-appointed20 Aptil2024 | |
| Cormac OKeefe-appointed14November2024 | |
| Executive: | MatthewCannon-Chief ExecutiveOfficer |
| ReBistered Address: | 62-72Vi€toria Street |
| StAlbans | |
| AL13XH | |
| Website: | www.hacro.org,uk |
| lndependentExaminer: | Andrew ThomsonBAFCA |
| LeverstockGreen | |
| Hertfordshire |
| Note | 2025 | 2025 | 2025 | 2024 | ||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| Funds | Restricted Funds | TotalFunds TotalFunds |
||||
| t | t | f | e | |||
| lncomeresources: | ||||||
| Donations | 2 | 32,784 | s,619 | 37,803 | 35,L76 | |
| Grant income | 2 | 81,054 | L71,,445 | 252,sog | 765,261 | |
| DonationofVehicle | 11 | o | 0 | 0 | 21,O00 | |
| Otherlncome | 2 | s,012 | 0 | 5,012 | 2,530 | |
| Total incomingresources | 118,250 | t77,064 | 295,r24 | 22t,97t | ||
| Resourcesexpended | ||||||
| CharitableActivities | 3 | 101,1,18 | 198,626 | 299,744 |
274,329 |
|
| Total expenditure | 10x,118 | 198,626 | 299,744 | 274,t29 | ||
| Netlncome | t7,L42 | lzt,s62l | 14,42Ol | (s0,3561 | ||
| Transfer between funds | I | 13,166 | (13,166) | 0 | 0 | |
| tset lhcom€forthcy€ar | 30,308 | (34,728) | {4r2q | {5{',355} | ||
| Total funds broughtforward | rta,L57 | 47,39s | 159,552 | 209,908 | ||
| Total funds carrledfoiward | 748,465 | 5,667 | L55,Llz | 159,552 |
| HACRO BATANCESHEET ASAT31March2025 |
||||
|---|---|---|---|---|
| Note | 2025 | 2024 | ||
| f. | f | |||
| Fixed Assets | 11 | 15,000 | 20,000 | |
| CurrentAssets | ||||
| Debtors | 5 | 7r,671 | (7,799) | |
| Payments in advance | 6 | 2,397 | 3,116 | |
| cashatbank andinhand | 232,340 | 211,560 | ||
| 246,410 | 206,877 | |||
| current Liabilities | ||||
| Creditors | 7 | 6,984 | 9,699 | |
| Receipts in advance | 8 | 99,294 | 57,626 | |
| Total Current Liabilities | 706,278 | 57,325 | ||
| Net CurrentAssets | t40,L32 | 139,552 | ||
| NetAssets | 155,132 | 159,552 | ||
| Funds | ||||
| Unrestricted funds | 9 | 135,301 | tLa,757 | |
| Restrictedfunds | 9 | 19,831 | 4L,39s | |
| 155,132 | 159,552 |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| 2 | lncomefromcharitableactivity | funds | fundsTotal 2025 | Total 2024 | |
| f | f€ | ||||
| Grants | 8L,064 | L7L,445 | 252,509 | L65,257 | |
| Donations | 32,r84 | 5,519 | 37,803 |
3s,175 | |
| Donationsremotor vehicle | 0 | 00 | 21,000 | ||
| Other | 5,OLz | 0 | 5,012 | 2,530 | |
| Total | 118,250177,064 | 295,324223,973 | |||
| Totai 2024 | 47,385176,588 | 223,973 |
| t | he year ended31March2025 | |||||||
|---|---|---|---|---|---|---|---|---|
| Uniestricted | Restricted | |||||||
| 3 | Expenditureoncharitable activity | funds f |
funds E |
Total f |
2025 | Total | 2024 | |
| Websiteandmarketing | 3,886 | 325 | 4,21L | 3,799 | ||||
| Externalfacilitator/instructor | 1,080 | 8,r70 | 9,4s0 | 18,609 | ||||
| Venuehire | 3,426 | 3,158 | 6,584 | 5,120 | ||||
| Programme expenses | 4,650 | 26,669 | 31,319 | 41,955 | ||||
| Salaries | 76,557 | 135,588 | 2t2,245 | 178,664 | ||||
| Materialsforprogrammes | 108 | 9,860 | 9,968 | 3,503 | ||||
| Stafftraining | !,552 | 483 | 2,O35 | 886 | ||||
| Staffevent | 168 | 0 | 168 | 304 | ||||
| MotorandtravellingExpenses | 190 | 969 | 1,159 | 689 | ||||
| Motorvehicleinsurance | 54 | 1,318 | 1,372 | 1,550 | ||||
| Motorvehicledepreciation | 5,000 | 5,000 | 8,000 | |||||
| Awards andevents | 2,335 | 990 | 3,325 | 2,421 | ||||
| Printing,postage andstationary | 178 | 0 | 178 | 399 | ||||
| Telephoneandinternet | 1,582 | 0 | t,582 | L,234 | ||||
| Computerand soFiware | 2,624 | 5,796 | 8,420 | 4,509 | ||||
| lnsurance | 1,653 | 1,553 | 1,456 | |||||
| Sundry expenses | 975 | 975 | 7,094 | |||||
| Bankcharges | 100 | 100 | 87 | |||||
| Accountancy fees | 50 | |||||||
| Totalexpenditure | 101,118 198,626 | 299,744 | 274,329 | |||||
| Total 2024 | 66,202 2s8,L27 | 274,329 |
| r | the year ended31March2025 | |||
|---|---|---|---|---|
| 4 | salariesand wages | Total 2025 f |
fotal2024 E |
|
| Pension | 4,668 | 4,284 | ||
| Wages | t98,927 | 169,630 | ||
| Tax&Nl | 8,650 | 4,750 | ||
| Total | 7L2,245 | L7A,664 |
| 5 | Debtors | 2025 | 2024 |
|---|---|---|---|
| f. | 9. | ||
| Debtors | 10,623 | (8,549) | |
| Loan | 1,050 | 850 | |
| Total | LL,673 | 17,7991 |
|
| 5 | Prepayments | 202s f |
2')24 f |
| lnsurances | 2,397 | 1,036 | |
| Rent | 2,080 | ||
| Total | 2,397 | 3,115 | |
| 7 | Creditors | 2025 | 2024 |
| f | f | ||
| Other creditors | 6,L22 | 4,047 | |
| Accruals | 852 | s,652 | |
| Total | 5,984 | 9,699 | |
| 8 | Recelptsinadvance | 2025 | 2024 |
| f | f | ||
| National Lottery | 35,164 | 34,293 | |
| TudorTrust | 79,268 | 23,333 | |
| The ColinMBE&Dawn PowellCharitableFund | 34,462 | ||
| 99,294 | 57,626 |
| r | theyearended31March2025 | |||||
|---|---|---|---|---|---|---|
| Asat1April | lncomlng | Outgolng | Asat3lMarch | |||
| 9 | Movementinfunds | 2024 f |
Resource' I |
resources f |
Transfers € |
2(n5 |
| Restrictedfunds | ||||||
| Smallgrants | 7,358 | 2,297 | 17,5271 | 0 | 2,72A | |
| caringdads | 1,808 | 0 | (1,808) | 0 | 0 | |
| Dedicateddads | 3,094 | 0 | (3,094) | 0 | 0 | |
| Training/wellbeing | 7,r49 | 1,050 | {874) | 0 | 7,325 | |
| Turn Around | 7,277 | 13D,372 | lr27,222) | (9,796) | 577 | |
| Roadto employment | 769 | 39,O44 | (36,644) | (3,370) | (20o) | |
| lnformationtechnology | 0 | 4,300 | (3,292) | 0 | 1,008 | |
| Motorvehiclecashgrant | 5,000 | 0 | (1,250) | 0 | 3,750 | |
| Motorvehiclenon-cashdonation | 15,000 | 0 | (3,7s0) | 0 | 11,250 | |
| Total Restrictedlunds | 41,395 | 777,063 | (18s,461)(13,166) | 19,832 | ||
| UEi"strictedfundt | ||||||
| Unrestricted funds | 88,157 | 118,250 | 1t14,283't13,166 | 105,300 | ||
| ContingentReserve | 30,000 | 30,000 | ||||
| Total Unrestrictedfunds | 118,157 | 118,26{' | {114,283}13,165 | 13s,300 | ||
| TotalFunds | 159,552 | 295,323 | 1299,7441 | 0 | 155,132 |
| Donation at inceptionbeing0lAp | ril2023 |
|---|---|
| E | |
| WestHerts CharitableTrust | 21,000 |
| DaVinciFoundation | 7,000 |
| Valueatinception | 28,00C |
| Depreciationlastyear Bookvalue at31March2024 |
8,000 20,000 |
| Depreciation thisyear Bookvalue at 31 March2025 |
5,000 15,000 |