Charity Registration Number : 1167044 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** A CHARITABLE INCORPORATED ORGANISATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME LEGAL AND ADMINISTRATIVE INFORMATION** FOR THE YEAR ENDED 31 MARCH 2025 |**Trustees**|Christine Parapia| |---|---| ||Helen Joanna Rembacken| ||Suzanne Akeroyd| ||Nicola Davison| ||Emma Stenton| ||Dr Sarah Gillian Lee| |**Charity Number**|1167044| |**Registered Ofce**|Farnhill
Kelclife Lane| ||Leeds| ||LS20 9DE| |**Secretary**|Jo Galasso (Project Manager)| |**Bankers**|Santander UK PLC| ||Bridle Road| ||Bootle| ||L30 4GB| ||Shawbrook Bank Limited| ||Lutea House| ||Warley Hill Business Park| ||Great Warley| ||CM13 3BE| ||Brentwood| ||Scottish Widows| ||67 Morrison Street| ||Edinburgh| ||EH3 8YJ| |**Independent Examiner**|Sapphire Accountants| ||10 Town Gate| ||Guiseley| ||Leeds| ||LS20 9JA| ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **CONTENTS** FOR THE YEAR ENDED 31 MARCH 2025 Trustees' Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **TRUSTEES' REPORT** FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025 . ## **Objectives and activities** ## **The charity's objects** The objects of the charitable incorporated organisation are to promote the health and wellbeing of children and young people with additional needs and their families in the Aireborough area and Leeds district without distinction of sex, political, religious or other opinions. Our objects are to provide welfare and support via recreational activities and short breaks to improve the quality of life of the said children and their families. ## **The charity's main activities** ASAS run holiday play schemes for children & young people 5-18 years who live in the Aireborough area of Leeds (LS5, 16, 18, 19, 20 & 21); Activity days and Residential Short Breaks for children & young people 8-18 years, who live Leeds city wide, all whom have additional needs, including learning and or physical disabilities, behaviours that challenge and children with complex health needs. ## **Public benefit statement** In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission's general guidance on public benefit, in particular the relief of those with special needs. ## **Achievements and performance** ASAS ran 14 holiday play scheme days in the Easter and Summer school holidays; and a Christmas Activity Day in December. Eight activity days during half-term holidays in April, May, October and February, and 6 two-night residential short breaks in April, May, two in October and November 2024; and one in March 2025. We supported 172 children and young people, delivering a total of 6,600 hours of provision. This year, we expanded our team of permanent part-time staff from three to four, maintained a flexible workforce of 40 casual workers, and engaged over 25 dedicated volunteers. ## **Financial review** The outgoings for the year were £206,336.30, including net payments of £118,207.82 on unrestricted funds. Total net income was £143,345.10 including of £112,511.09 for restricted funds. ## **Reserves policy** The charity's free reserves, at the year end were £345,675.80. The Trustees of ASAS have agreed that the cash reserves should be no less than 12 months running costs (the approximate average over the last 3 years is £181K). ASAS holds assets to fund planned expenditure over the next 2 years and has approximately £361K in cash, deposited across 4 financial institutions at present with a minimum rating of 'A' or where all deposits are within the FSA protected amount of £85,000. ASAS received a substantial donation of £430k several years ago from a charitable trust on the understanding that it would provide financial stability for the charity for many years to come. When we were granted this large donation from The Rene Horton Charitable Trust, this was to futureproof us as the grants and contracts we have don't cover all our annual costs. In light of significant reductions in local authority funding and the escalating cost of operations, we are actively exploring alternative funding streams to safeguard the long-term sustainability of our work, as the existing legacy fund is diminishing at a concerning pace. This donation was an expendable endowment as the trustees were not under any duty to apply the funds for This report was approved by the trustees and signed on its behalf by: ---------------------------------------------------- ## **Christine Parapia** **Chairperson** Page 1 of 9 Date .. 14 October 2025 Page2of9 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **INDEPENDENT EXAMINER'S REPORT** ## FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner’s Report to the Trustees of Aireborough Supported Activities Scheme I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which consists of the statement of financial activities,balance sheet and the related notes ## **Responsibilities and basis of report** As the charity’s trustees 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 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. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form 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 fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Name: Ryan Sample for and on behalf of Sapphire Accountants Date: 14 October 2025 Page 3 of 9 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 31 MARCH 2025 |**Recommended**
**categories by activity**
**Notes**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
**Total**
**Net**
**income/(expenditure)**
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
6,268.14
18,960.62
5,605.25
**30,834.01**
88,709.92
**88,709.92**
**(57,875.91)**
**(57,875.91)**
98,564.00
**40,688.09**|**Restricted**
**income**
**funds**
**£**
112,511.09
-
-
**112,511.09**
118,207.82
**118,207.82**
**(5,696.73)**
**(5,696.73)**
1,538.00
**(4,158.73)**|**Endowment**
**funds**
**£**
-
-
-
**-**
-
**-**
**-**
**-**
308,565.00
**308,565.00**|**Total Funds**
**2025**
**£**
118,779.23
18,960.62
5,605.25
**143,345.10**
206,917.74
**206,917.74**
**(63,572.64) **
**(63,572.64) **
408,667.00
**345,094.36**|**Total**
**Funds**
**2024**
**£**
112,513.00
17,714.00
6,447.00| |---|---|---|---|---|---| ||||||**136,674.00**| ||||||172,539.00| ||||||**172,539.00**| ||||||**(35,865.00)**| ||||||**(35,865.00)**
444,532.00| ||||||**408,667.00**| Page 4 of 9 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **BALANCE SHEET** FOR THE YEAR ENDED 31 MARCH 2025 |**ALANCE SHEET**
OR THE YEAR ENDED 31 MARCH 2025|||| |---|---|---|---| |**Recommended categories by**
**activity**
**Notes**
**Unrestricted**
**funds**
**£**
Fixed assets
Tangible assets
6
1,615.00
**Total fxed assets**
1,615.00
Current assets
Debtors
7
1,556.36
Cash at bank and in hand
8
41,269.53
**Total current assets**
42,825.89
Creditors: amounts falling due
within one year
9
3,752.80
**Net current assets/(liabilities)**
39,073.09
Total net assets
40,688.09
**Funds of the Charity**
Unrestricted funds
10
40,688.09
Restricted income funds
10
Endowment funds
10
**Total funds**
40,688.09|**Endowment**
**funds**
**£**
-
-
-
308,565.00
308,565.00
-
308,565.00
308,565.00
308,565.00
308,565.00|**Total Funds**
**2025**
**£**
1,615.00
1,615.00
1,556.36
345,675.80
347,232.16
3,752.80
343,479.36
345,094.36
40,688.09
(4,158.73)
308,565.00
345,094.36|**Total Funds**
**2024**
**£**
1,615.00| ||||1,615.00| ||||5,621.00
408,667.00
414,288.00
7,236.00
407,052.00
408,667.00
98,564.00
1,538.00
308,565.00| ||||408,667.00| The financial statements were approved by the trustees on 14 October 2025 and signed on its behalf by: ## **Christine Parapia** ## **Chairperson** Date : 14 October 2025 Page 5 of 9 ## **AIREBOROUGH SUPPORTED ACTIVITIES SCHEME** ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 MARCH 2025 ## **1. Accounting Policies** The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.1 Basis of preparation** These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. ## **1.2 Going concern** The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. ## **2. Income from Donations and Legacies** |**Analysis**
**Unrestricted funds**
**Restricted income**
**funds**
**£**
**£**
Donation
and gifts
6,268.14
-
Grants and
Service
Level
Agreements
-
112,511.09
**Total**
**6,268.14**
**112,511.09**
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Events and fundraising
670.62
Parents and residential
contributions
18,290.00
**Total**
**18,960.62**
**4. Income from Investments**
**Analysis**
**Unrestricted funds**
**£**
Interest income
5,605.25
**Total**
**5,605.25**|**Analysis**
**Unrestricted funds**
**Restricted income**
**funds**
**£**
**£**
Donation
and gifts
6,268.14
-
Grants and
Service
Level
Agreements
-
112,511.09
**Total**
**6,268.14**
**112,511.09**
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Events and fundraising
670.62
Parents and residential
contributions
18,290.00
**Total**
**18,960.62**
**4. Income from Investments**
**Analysis**
**Unrestricted funds**
**£**
Interest income
5,605.25
**Total**
**5,605.25**|**Total funds 2025**
**£**
6,268.14
112,511.09
**118,779.23**
**Total funds 2025**
**£**
670.62
18,290.00
**18,960.62**
**Total funds 2025**
**£**
5,605.25
**5,605.25**||**Total funds 2024**
**£**
1,000.00
111,513.00| |---|---|---|---|---| |||||**112,513.00**| |||||**Total funds 2024**
**£**
692.00
17,022.00| |||||**17,714.00**| |||||**Total funds 2024**
**£**
6,447.00| |||||**6,447.00**| ## **3. Income from Charitable Activities** ## **4. Income from Investments** Page 6 of 9 ## **5. Expenditure on Raising Funds** |**Analysis**
Wages and salaries
Pension costs
Payroll costs
Freelance Workers
Volunteer allowances
Training and planning
Transport and travel
Ofce and running costs
Events and activity expenses
Membership and subscriptions
Equipment and materials
Independent examination
Insurance
Rent
Residential
Total
**6. Tangible Fixed Assets**
**6.1 Cost or valuation**
At 01 April 2024
Additions
Disposals
Revaluations
Transfers
At 31 March 2025
**6.2 Depreciation and impairments**
At 01 April 2024
Charge for the year
Disposals
Revaluations
Transfers
At 31 March 2025
**6.3 Net book value**
At 01 April 2024
At 31 March 2025|**Total funds 2025**
**£**
143,937.33
3,340.74
600.00
270.00
1,190.20
1,417.43
387.23
3,917.73
8,856.03
114.00
1,825.91
1,056.00
3,735.27
8,973.88
27,295.99
206,917.74||**Total funds 2024**
**£**
122,083.00
3,350.00
600.00
160.00
2,036.00
1,464.00
421.00
5,306.00
10,157.00
354.00
820.00
1,056.00
3,704.00
6,622.00
14,406.00
172,539.00| |---|---|---|---| ||**413,835.48**||**345,078.00**| ||||**Computer**
**Equipment**
**£**
1,615.00
-
-
-
-
**1,615.00**
-
-
-
-
-
**-**
1,615.00
**1,615.00**| Page 7 of 9 ## **7. Debtors: Amounts falling due within one year** |**Total funds 2025**
**£**
Aviva Pension Overpayment
-
Insurance Prepayment
1,556.36
Residential prepayment
-
Other prepayments
-
**Total**
**1,556.36**
**8. Cash at bank and in hand**
**Total funds 2025**
**£**
Cash at bank and in hand
345,675.80
**Total**
**345,675.80**
**9. Creditors: Amounts falling due within one year**
**Total funds 2025**
**£**
Other creditors
-
Independent Examination
780.00
PAYE
2,972.80
Nest Pension
-
**Total**
**3,752.80**|**Total funds 2024**
**£**
157.00
1,852.00
840.00
2,772.00| |---|---| ||**5,621.00**| ||**Total funds 2024**
**£**
408,667.00| ||**408,667.00**| ||**Total funds 2024**
**£**
4,000.00
1,056.00
2,164.00
16.00| ||**7,236.00**| Page 8 of 9 ## **10. Charity funds** ## **10.1 Details of material funds held and movements during the CURRENT reporting period** |**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
98,564.00
30,834.01
88,709.92
-
-
40,688.09
**Restricted**
**income funds**
1,538.00
112,511.09
118,207.82
-
-
(4,158.73)
**Endowment**
**funds**
308,565.00
-
-
-
-
308,565.00
**Total**
**408,667.00**
**143,345.10**
**206,917.74**
**-**
**-**
**345,094.36**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
137,407.00
25,412.00
64,255.00
-
-
98,564.00
**Restricted**
**income funds**
(1,440.00)
111,262.00
108,284.00
-
-
1,538.00
**Endowment**
**funds**
308,565.00
-
-
-
-
308,565.00
**Total**
**444,532.00**
**136,674.00**
**172,539.00**
**-**
**-**
**408,667.00**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
98,564.00
30,834.01
88,709.92
-
-
40,688.09
1,538.00
112,511.09
118,207.82
-
-
(4,158.73)
308,565.00
-
-
-
-
308,565.00|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
98,564.00
30,834.01
88,709.92
-
-
40,688.09
1,538.00
112,511.09
118,207.82
-
-
(4,158.73)
308,565.00
-
-
-
-
308,565.00|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
98,564.00
30,834.01
88,709.92
-
-
40,688.09
1,538.00
112,511.09
118,207.82
-
-
(4,158.73)
308,565.00
-
-
-
-
308,565.00| |---|---|---|---| ||**408,667.00**
**143,345.10**
**206,917.74**
**-**|**-**|**345,094.36**| ||**444,532.00**
**136,674.00**
**172,539.00**
**-**|**-**|**408,667.00**| Page 9 of 9