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← Ls14 Trust

2025-03-31-accounts

LS14 Trust

Charity number 1169716

A company limited by guarantee number 06827782

Annual Report and Financial Statements

for the year ended 31 March 2025

LS14 Trust

Annual Report and Financial Statements for the year ended 31 March 2025

Contents Page
Trustees' report 2 to 8
Examiner's report 9
Statement of financial activities 10
Balance sheet 11
Statement of cash flows 12
Notes to the accounts 13 to 23

Prepared by West Yorkshire Community Accountancy Service CIO

1

LS14 Trust

Trustees' report for the year ended 31 March 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Timothy Jones Chair Bryan Robinson Paul Drinkwater Emiliene Eyongakpa Tabi Resigned 11 November 2024 Rachel Ainscough Charity number 1169716 Registered in England and Wales Company number 06827782 Registered in England and Wales

Registered and principal address

Bankers

45 Ramshead Hill Lloyds Bank plc Leeds 65-68 Briggate LS14 1BT Leeds LS1 6LH

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 23 February 2009. It is governed by a memorandum and articles of association as amended 10 May 2016. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

The day to day running and operational decision making of the charity are the responsibility of the Charity CEO and staff team who work closely with the local community to ensure that the work and development of the charity is shaped and developed by local people.

As our charity is based on the skills and passions of local people, the overall strategic lead and development of the project is overseen by a board of trustees made up of at least 50% local people living within the LS14 postcode. The LS14 Trust CEO reports to this board.

When there is a position available the post of Trustee is advertised through local and city-wide networks. All new trustees are interviewed by an existing trustee and then work through a clear induction process highlighting the vision and values of the charity and all policies and procedures.

Trustees and staff are encouraged to develop skill levels through ongoing training opportunities from external providers Including Voluntary Action Leeds and Leeds City Council.

2

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

Structure, governance and management continued

Arrangements for setting pay of key management personnel

The pay structure for the Trust is based on the NJC pay scales, with annual pay reviews agreed by LS14 Trust trustees.

Administrative details

The trustees delegate the day to day management and running of the charity to the staff, in particular Howard Bradley (CEO).

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Relationships with other charities / organisations

Collaboration is key to the work of the LS14 Trust and partnerships within the local community are at the heart of all we do.

We also collaborate with many charities and organizations that support our mission. During the Covid-19 pandemic, we formed “We Are Seacroft,” a coalition of community organisations and residents working together to address social issues. This group has used innovative strategies, such as a refurbished ice cream van for community outreach, to engage residents and provide essential information. We also partner with Leeds City Council, local councillors, and various city-wide organisations.

Our CEO is currently the strategic lead for Leeds Community Anchor Network which enables us to learn from and work with like-minded organisations across the city.

Additionally, we have established strong relationships with funders and are members of Locality and the International Federation of Settlements.

Objectives and activities

The charity's objects

To develop the capacity and skills of the members of the socially and economically disadvantaged community of LS14 (Seacroft, Swarcliffe and Whinmoor) in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

To further or benefit the residents of LS14 (Seacroft, Swarcliffe and Whinmoor) without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

The charity's main activities

The LS14 Trust was set up in 2009 by a group of local people who wanted to work together to strengthen the community that they loved. The project works across the whole of the LS14 postcode. It aims to bring people together to make a positive difference. Our vision is to see LS14 become a welcoming, vibrant, happy-place where people feel in control of their lives and are proud of their achievements. We want this to be a wellconnected community which recognises its power to bring about and sustain positive social change, a place where every resident is safe and respected.

The mission of the LS14 Trust is to build upon the strengths of our community by working together to develop activities and opportunities, promoting the area as a vibrant and exciting place to live, work and bring up a family.

3

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

The charity's main activities continued

We believe in…

AUTHENTICITY

We want to be loyal and true to our community. We will always start by listening to and working with the people who are around us.

EMPOWERMENT

We want to work together to bring out the gifts, skills and potential we all have as individuals and as a community.

COLLABORATION

We think it’s always better to work together.

HOSPITALITY

We believe in a good old cuppa tea and a natter. When people feel welcome and part of a community things begin to change for the better.

FUN

Life’s not just about hard work – you’ve got to let your hair down! We want our community to be a place of joy and fun.

SYSTEMIC CHANGE

We want to work towards real lasting change in our community that will make it a better place to live for our children and grandchildren.

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 and in particular, education and training, the advancement of health or saving of lives, the prevention or relief of poverty and economic/community development/employment.

Working with the community, building on strengths and assets:

The LS14 Trust has always worked with the local community and believes that real change tends to come from the bottom-up. The Seacroft community exhibits a strong sense of pride and potential, with residents actively seeking to build upon its existing assets. There is a desire for even stronger community bonds, a vibrant community life, and increased inclusivity and diversity. Residents envision a welcoming and embracing community that celebrates people from all backgrounds and walks of life. There is a strong emphasis on fostering a safe and supportive environment where everyone feels valued and respected. The community demonstrates a proactive approach to addressing challenges and finding solutions. Residents are eager to collaborate with local authorities and organisations to improve safety, enhance communication, and promote environmental well-being. There is a wealth of innovative ideas and a willingness to take ownership of community initiatives. This active engagement and commitment to positive change are indicative of a community that is resilient, resourceful, and optimistic about its future. Our work will continue to be shaped by this community going forward. This year we have delivered our first listening project across the community to ensure that we are listening as best as we can with our community.

Ensuring our work delivers our aims

We believe in a reflective and interactive approach to the community work that we deliver. We listen to and actively encourage the community to shape the work that we do. We believe that by using an asset based community development approach to our work we ensure that we continue to be shaped by and respond to the community thus ensuring we are delivering our aims.

4

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

Our approach to all aspects of our work lends itself to continual evaluation and allows us to take iterative steps in order to respond to uncertain times. We are able to evaluate the processes in our projects, such as, how well have we shared information and agreed on collective goals, and we measure our successes by assessing the impact we have had on those most in need.

We are adept at sharing our findings and evaluating our methodology and we have been successful at doing this in a range of projects that have been funded by the NHS West Yorkshire Integrated Care Board (ICB) and the West Yorkshire Health Partnership. The LS14 Trust is a trusted local organisation that has taken a strategic lead in the area and has the knowledge and experience to share the lessons learnt through this collaboration. On a micro-level we consider which projects have worked on the ground, while being able to reflect on our contribution to systemic change in this area, and how these processes may inform attempts to reduce health inequalities and improve quality of life.

Achievements and performance

Our focus for the previous 12 months was as follows:

Core

Youthwork

Our work in this area has developed considerably in the last 12 months thanks to strong leadership and a really committed youth team. These are the groups that have been developed and delivered:

Food Security

We Are Seacroft

5

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

Health and Wellbeing

City-wide Impact

Our focus for the next 12 months will be as follows:

Core

Youth

Food security

We Are Seacroft

6

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

Health and Wellbeing

City-wide Impact

A big thank you

We want to give heartfelt thanks to our incredible staff team and to the many local people who bring such energy and commitment to LS14. This year, we have been privileged to walk alongside residents, offering support, creating opportunities, and celebrating community strength together. We are also deeply grateful to our funders for their trust and encouragement, and to the wide range of partner organisations whose collaboration has made such a difference for our community.

Financial review

The net income for the year was £44,836, including net income of £15,595 on unrestricted funds and net income of £29,381 on restricted funds after transfers.

Reserves policy

Our policy for reserves is to ensure that there are between 3 and 6 months of non-grant-funded salaries and overheads + 2.5% contingency and enough reserves to cover redundancy costs if ever required. This would currently equate to between £65,243 and £83,434.

The charity's total reserves were £293,959, of which £191,120 relates to restricted funds. Within the remaining funds, £30,608 was the value of tangible fixed assets. This leaves a balance of £72,231 free reserves. However, this is after accounting for long term liabilities of £2,500. This is a loan which is repayable over the next 18 months. Adjusting for that would make our effective working capital £74,731.

This represents just over 1 month of overall annual expenditure. However much of our operational spend is secured from restricted funds (for example the majority of staff salaries and project costs.) Our expected overheads and staff salaries that come from unrestricted funds in the forthcoming year are approximately £3,000 per month, hence we have sufficient reserves to cover over 12 months of unrestricted fund expenditure.

We seek to include overhead and management costs in our grants applications, and seek specific grants, to help with these overheads and to maintain our reserves. We also receive a small amount of sales and donations in our community pantry and café.

The trustees recognise that any shortfall in funding for activities funded by restricted funds will mean that activities and expenditure could be reduced or stopped should such circumstances arise.

7

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2025

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. 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.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 12/12/2025

Tim Jones (Trustee)

8

LS14 Trust

Independent examiner's report to the trustees of LS14 Trust

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2025, which are set out on pages 10 to 23.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 giving me cause to believe that in any material respect:

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.

Simon Bostrom FCIE

15/12/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

9

LS14 Trust

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2025

Notes
2025
Unrestricted
funds
£
Income from:
Donations and legacies
(2)
19,337
Charitable activities
(3)
161,858
Bank interest
2,533
Total income
183,728
Expenditure on:
Charitable activities
(4)
168,273
Total expenditure
168,273
Net income / (expenditure)
15,455
Transfers between funds
(5)
140
Net movement in funds
15,595
Fund balances brought forward
87,244
Fund balances carried forward
(5)
102,839		 2025
Restricted
funds
£
782,750
2,000
-
784,750
755,369
755,369
29,381
(140)
29,241
161,879
191,120		 2025
Total
funds
£
802,087
163,858
2,533
968,478
923,642
923,642
44,836
-
44,836
249,123
293,959		 2024
Total
funds
£
355,056
143,820
814
499,690
641,781
641,781
(142,091)
-
(142,091)
391,214
249,123

All incoming resources and resources expended derive from continuing activities.

10

LS14 Trust

Balance sheet

as at 31 March 2025
2025
Unrestricted
£
Fixed assets
Tangible assets
(6)
30,608
Total fixed assets
30,608
Current assets
Debtors and prepayments
(7)
19,372
Cash at bank and in hand
(8)
63,518
Total current assets
82,890
Current liabilities:
amounts falling due within one year
Creditors and accruals
(9)
8,159
Total current liabilities
8,159
Net current assets / (liabilities)
74,731
Total assets less current liabilities
105,339
Creditors: amounts falling due after one year
(10)
2,500
Net assets
102,839
Funds
Unrestricted funds
General unrestricted funds
79,302
Designated funds
(11)
23,537
Unrestricted funds
102,839
Restricted funds
-
Total funds
102,839		 2025
Restricted
£
-
-
93,172
99,847
193,019
1,899
1,899
191,120
191,120
-
191,120
-
-
-
191,120
191,120		 2025
Total
£
30,608
30,608
112,544
163,365
275,909
10,058
10,058
265,851
296,459
2,500
293,959
79,302
23,537
102,839
191,120
293,959		 2024
Total
£
24,723
24,723
75,852
198,837
274,689
42,789
42,789
231,900
256,623
7,500
249,123
87,244
-
87,244
161,879
249,123

For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 12/12/2025

Tim Jones (Trustee)

11

LS14 Trust

Statement of cash flows

for the year ended 31 March 2025

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Bank interest
Purchase of tangible fixed assets (excluding donated assets)
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Repayments on borrowing
Net cash provided by (used in) financing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Bank interest
Depreciation charges
Loss on disposal of fixed assets
Interest payable on loan finance
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand		 2025
£
(13,739)
2,533
(19,008)
(16,475)
(5,258)
(5,258)
(35,472)
198,837
163,365
2025
£
44,836
(2,533)
9,767
3,356
258
(36,692)
(32,731)
(13,739)
2025
£
18
163,347
163,365		 2024
£
(77,560)
814
(6,108)
(5,294)
(5,380)
(5,380)
(88,234)
287,071
198,837
2024
£
(142,091)
(814)
6,630
-
380
27,455
30,880
(77,560)
2024
£
-
198,837
198,837

12

LS14 Trust

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Grants payable with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Grants payable without performance conditions

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

13

LS14 Trust

Notes to the accounts

for the year ended 31 March 2025

1 Accounting policies continued

Tangible fixed assets

Tangible fixed assets are capitalised at cost and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:

Equipment: over 5 years Motor vehicles: over 4 years Building improvements: over 10 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

14

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

2 Donations and legacies
Grants
Barca Leeds
ChangeX
Clarion Futures
Cycling UK
Fall Into Place (FIP)
Greggs Foundation
Hamara Healthy Living Centre
Imagine Foundation
Leeds Christian Community Trust (LCCT)
Leeds City Council (LCC)
Leeds Community Foundation (LCF)
Love Leeds Parks
National Lottery Community Fund (NCLF)
Places for People
Playful Anywhere CIC
Power To Change
Sir George Martin Trust
Sported Foundation (Barclays)
Street Games UK
Together 4 Peace (T4P)
University of Leeds
Voluntary Action Leeds (VAL)
Wates Family Enterprise Trust
West Yorkshire Combined Authority (WYCA)
Ancient Parish of Barwick in Elmet Trust
Dept for Education apprenticeship funding
Seacroft Primary Care Network
West Riding Masonic Charities Ltd
Donations
3 Charitable activities income
Contract income
BARCA Leeds
Touchstone Leeds Ltd
Leeds City Council
Sales and Fees		 2025
Unrestricted
funds
£
-
-
-
-
-
-
15,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,337
19,337
2025
Unrestricted
funds
£
26,547
62,020
6,375
66,766
161,708		 2025
Restricted
funds
£
17,918
930
30,541
3,310
22,889
20,800
5,000
-
13,700
288,228
96,029
4,500
146,353
1,000
3,800
2,595
2,500
1,000
5,116
21,164
1,500
54,301
500
39,076
-
-
-
-
-
782,750
2025
Restricted
funds
£
-
-
-
2,000
2,000		 2025
Total
funds
£
17,918
930
30,541
3,310
22,889
20,800
5,000
15,000
13,700
288,228
96,029
4,500
146,353
1,000
3,800
2,595
2,500
1,000
5,116
21,164
1,500
54,301
500
39,076
-
-
-
-
4,337
802,087
2025
Total
funds
£
26,547
62,020
6,375
68,766
163,708		 2024
Total
funds
£
-
2,770
-
-
-
20,000
-
-
13,950
161,355
47,979
-
-
-
-
-
-
-
200
42,472
-
38,850
-
-
1,337
2,500
19,000
1,266
3,377
355,056
2024
Total
funds
£
26,922
56,404
-
60,494
143,820

15

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

4aaSupport costs
Support cost type
Phone and broadband
Administration costs
Independent examination
Bank charges
Payroll fees
Management and admin salaries
Financial management support
Human resources
Memberships and subscriptions
4b Charitable activities expenditure detail
Salaries, NI and pensions
(4c)
Payroll fees
Phone and broadband
Travelling
Training and conferences
Licences and insurance
Other project delivery costs
Staff and volunteer expenses
Administration costs
Memberships and subscriptions
Freelance workers
Independent examination
Bank charges
Motor expenses
Depreciation
Premises costs
Loan interest
Repayment of underspent grants		 2025
Unrestricted
funds
£
112,255
1,083
911
3,152
1,762
1,672
14,996
860
4,403
2,095
5,444
1,697
410
93
11,808
5,374
258
-
168,273		 2025
Restricted
funds
£
350,337
2,370
960
2,146
2,768
3,966
350,458
773
10,020
2,772
20,037
803
3
183
-
7,773
-
-
755,369		 2025
Total
cost
£
1,871
14,423
2,500
413
3,453
76,842
23,389
1,231
4,867
128,989
2025
Total
cost
£
462,592
3,453
1,871
5,298
4,530
5,638
365,454
1,633
14,423
4,867
25,481
2,500
413
276
11,808
13,147
258
-
923,642		 2024
Total
cost
£
1,592
5,169
2,142
427
3,494
63,534
24,066
1,267
1,688
103,379
2024
Total
cost
£
417,393
3,494
1,592
6,004
7,300
5,115
153,783
778
5,169
1,688
10,723
2,142
427
2,467
6,630
15,577
380
1,119
641,781

16

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

4c Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 2025
£
411,577
35,205
(5,000)
20,810
462,592		 2024
£
377,686
27,645
(5,000)
17,062
417,393

The average number of employees during the year was 18.1, being an average of 12.6 full time equivalent (2024: 18.6, 12.1 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme
Costs of the scheme to the charity for the year
4d Grant making
Project or activity
Project delivery
Total		 2025
Grants to
institutions
£
151,215
151,215		 2024
Grants to
institutions
£
7,600
7,600		 2025
£
20,810
2025
Grants to
individuals
£
1,353
1,353		 2024
£
17,062
2024
Grants to
individuals
£
850
850

17

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

5 Restricted funds
LCC ABCD
LCC ABCD Training
Sported Foundation (Barclays)
Barca Leeds
Cycling UK
ChangeX Rein Park
ChangeX Repair Cafe
ChangeX Seacroft
Children and Youth Fund
WYCA Cycle Hubs Act. Travel
Clarion Futures
Clarion Futures Warm Spaces
Clarion Futures Wellbeing Spaces
Crafty Cuppa
Fall Into Place
FIP Playful Spaces
Greggs Foundation
Hamara Healthy Living Centre
LCC Climate Grant
LCC Get Set Leeds Local
LCC Halloween and Bonfire
LCC HAP
LCC HAP Art Therapy
LCC HAP Pantry
LCC PEG
LCC Play Streets Enablement
LCC Community Cohesion
LCC Listening Project
LCC Youth Steering Board
LCC VRP
LCC Wellbeing Connected Seacroft
LCC Wellbeing Seacroft Pantry
LCC Youth Grant
LCCT LFAN HSF
LCF Jimbos Fund
LCF Resilience
LCF Transforming Mental Health
LCF Trauma Informed Work
NLCF Imagination Station
NLCF We are Seacroft
Love Leeds Parks
Love Leeds Parks - CAS
Love Leeds Parks - Rein Park
National Garden Scheme
NHS Health Inequal. Com'ty Gnt
Places for People
Power To Change
Seacroft Social
Subtotal		 Balance b/f
£
16,829
3,333
-
-
-
420
222
946
46,589
20,650
3,111
-
-
134
-
10,347
1,667
-
-
10,594
-
127
-
-
1,234
-
-
-
-
-
-
-
189
750
-
735
-
-
-
-
-
-
-
130
11,416
-
-
550
129,973		 Incoming
£
-
2,000
1,000
17,918
3,310
180
-
750
-
-
8,800
13,390
12,151
-
22,889
-
20,800
5,000
42,205
300
2,500
-
1,000
1,620
-
6,406
13,546
159,651
28,000
17,000
4,000
12,000
-
13,700
19,310
15,000
49,699
12,020
80,217
66,136
1,500
1,500
1,500
-
-
1,000
2,595
-
660,593		 Outgoing
£
11,927
5,333
1,000
17,918
2,704
-
222
1,196
7,090
755
4,333
13,390
1,977
134
258
10,047
20,000
4,000
41,051
6,100
2,500
127
1,000
1,213
1,234
6,406
13,546
159,651
15,500
17,000
4,000
12,000
189
14,450
19,310
15,735
49,699
12,020
48,930
58,643
1,500
1,273
1,500
130
9,619
1,000
2,595
76
620,281		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(140)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(140)		 Balance c/f
£
4,902
-
-
-
606
600
-
500
39,499
19,895
7,578
-
10,174
-
22,631
300
2,467
1,000
1,154
4,654
-
-
-
407
-
-
-
-
12,500
-
-
-
-
-
-
-
-
-
31,287
7,493
-
227
-
-
1,797
-
474
170,145

18

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

5 Restricted funds continued
Balances from prev. page
Sir George Martin Trust
Street Games Tim Lewis
Street Games Together Fund
Street Games Youth Justice
T4P Garforth
T4P Seacroft
VAL ABCD
VAL LCAN H'hold Support Fund
VAL Welcome Spaces
VAL Neighbourhood Matching
Wates Family Enterprise Trust
WYCA
Yorkshire Sport OIL
University of Leeds		 Balance b/f
Incoming
Outgoing
Transfers
Balance c/f
£
£
£
£
£
129,973
660,593
620,281
(140)
170,145
-
2,500
2,500
-
-
-
2,500
2,116
-
384
567
-
500
-
67
-
2,616
2,616
-
-
11,762
10,582
22,344
-
-
9,902
10,582
15,356
-
5,128
426
-
426
-
-
6,570
29,500
30,712
-
5,358
-
6,001
6,001
-
-
-
18,800
14,689
-
4,111
-
500
500
-
-
-
39,076
35,828
-
3,248
2,679
-
-
-
2,679
-
1,500
1,500
-
-
161,879
784,750
755,369
(140)
191,120

Fund name LCC ABCD LCC ABCD Training Sported Foundation (Barclays) Barca Leeds Cycling UK ChangeX Rein Park ChangeX Repair Cafe ChangeX Seacroft

Children and Youth Fund WYCA Cycle Hubs Act. Travel Clarion Futures Clarion Futures Warm Spaces

Clarion Futures Wellbeing Spaces Crafty Cuppa Fall Into Place FIP Playful Spaces Greggs Foundation Hamara Healthy Living Centre LCC Climate Grant

LCC Get Set Leeds Local

LCC Halloween and Bonfire LCC HAP LCC HAP Art Therapy LCC HAP Pantry LCC PEG

Purpose of restriction

To deliver Asset Based Community Development (ABCD) in Seacroft/LS14. To provide Asset Based Community Development (ABCD) training. To run sports sessions in LS14.

To support NEET young people in youth groups and activities. Delivery of Learn to Fix and Learn to Ride events in LS14.

To develop the Rein Park environment to benefit the climate.

To support the development of the Seacroft Climate Action toolkit. For the Seacroft tree project - planting trees in the area to benefit the environment and climate.

To support the development of the youth project and Kentmere Kitchen. Funding for a Cycle Hub in LS14.

Funding for a Playbox Worker for Killingbeck and Seacroft.

To provide warm space, activities and warm packs for local Killingbeck residents.

To support the provision of Killingbeck play activities and warm packs. Funding from Touchstone for the Crafty Cuppa project.

To support youth work provision in LS14.

To fund the development of play opportunities and spaces in the local area. To support the Seacroft Pantry.

To support and develop 3 local community projects.

To support and develop the community climate projects in Killingbeck and Kentmere, Seacroft.

To support British Triathlon events activities. The transfer relates to room hire.

To provide youth work activities during bonfire night. For We are Seacroft event equipment. To provide room hire for Art Therapy.

To support the running of the Seacroft Pantry. Play Enabling Grant to support play in communities.

19

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

5 Restricted funds continued

Fund name

LCC Play Streets Enablement LCC Community Cohesion

LCC Listening Project

LCC Youth Steering Board

LCC VRP

LCC Wellbeing Connected Seacroft LCC Wellbeing Seacroft Pantry LCC Youth Grant LCCT LFAN HSF LCF Jimbos Fund LCF Resilience

LCF Transforming Mental Health

LCF Trauma Informed Work

NLCF Imagination Station

NLCF We are Seacroft

Love Leeds Parks Love Leeds Parks - CAS Love Leeds Parks - Rein Park National Garden Scheme NHS Health Inequal. Com'ty Gnt Places for People Power To Change

Purpose of restriction

To support play activities in communities.

To develop community cohesion in Seacroft and continue to build harmonious communities.

To run, co-ordinate and support listening exercises and focus groups to hear what people like about their local community and what differences To create a youth steering board and empower young people to have influence in their community.

To fund violence reduction youth group work and mentoring.

To contribute to the Connected Seacroft database. To support the work of the Seacroft Pantry and Kentmere Kitchen. Commissioned Youth Work in Seacroft/LS14. Household Support Funding for pantry, food and community support. To support the work of the Seacroft Pantry and Kentmere Kitchen. Funding towards the running of LS14 Trust and it's strategic development and organisational resilience.

To provide youth work supporting young people's mental health through creative activities. To develop trauma informed practice in the organisation and youth work supporting young people's mental health.

National Lottery Community Fund Reaching Communities Yorkshire and Humber Region project funding to renovate an old building into a youth led community asset exploring community change.

National Lottery Community Fund Reaching Communities Yorkshire and Humber Region funding for the We are Seacroft partnership development and activities.

Funding for Rein Park event and park development. Funding for Rein Park event and park development. Funding for Rein Park event and park development. To support the creation of the Seacroft Forest Garden. To support the Kentmere Kitchen and Space2 projects. Community investment for the Seacroft Pantry. To support the development of the Children and youth work director and database costs.

Seacroft Social Funding from Touchstone for the Seacroft Social Project. Sir George Martin Trust To support the work of the Seacroft Pantry. Street Games Tim Lewis To support youth sports work in LS14. Street Games Together Fund To support young people's sports work. Street Games Youth Justice To support youth project working with vulnerable young people. T4P Garforth For Climate Hubs in Garforth. T4P Seacroft For Climate Hubs in Seacroft. VAL ABCD Funding towards Test and Learn ABCD Pilot. VAL LCAN H'hold Support Fund Household Support Fund Grant for pantry, food and community support. VAL Welcome Spaces To support welcoming spaces in LS14. VAL Neighbourhood Matching To support the work of volunteers in LS14 community organisations and groups. Wates Family Enterprise Trust To support the work of the Seacroft Pantry. WYCA To provide mentoring and counselling for young people and families. Yorkshire Sport OIL For cycle development project. University of Leeds Towards youth work costs.

20

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

6
7
8
9
**10 **		 Tangible assets
Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Depn reversed re. disposals
Charge for year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
Cash at bank
Cash at bank
Cash in hand
Creditors and accruals
Bank loans and overdrafts
Creditors
Accruals
Grants received in advance
Creditors: amounts falling
Bank loans		 £
£
14,985
8,585
-
369
-
(559)
14,985
8,395
2,998
4,809
-
(336)
1,499
1,679
4,497
6,152
10,488
2,243
11,987
3,776
due after one year
Computer
Equipment
Building
improvement		 £
7,500
1,349
-
8,849
6,000
-
1,770
7,770
1,079
1,500
Vehicles		 £
34,262
17,290
(14,519)
37,033
26,802
(11,386)
4,819
20,235
16,798
7,460
2025
£
47,632
2,153
61,687
1,072
112,544
2025
£
163,347
18
163,365
2025
£
5,000
170
4,888
-
10,058
2025
£
2,500
2,500
Project
equipment		 Total
£
65,332
19,008
(15,078)
69,262
40,609
(11,722)
9,767
38,654
30,608
24,723
2024
£
11,362
1,807
61,683
1,000
75,852
2024
£
198,837
-
198,837
2024
£
5,000
524
2,803
34,462
42,789
2024
£
7,500
7,500

21

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2025

11 Designated funds
Children & Youth Project
Fund name
Children & Youth Project		 Balance b/f
Incoming
Outgoing
Transfers
Balance c/f
£
£
£
£
£
23,537
-
-
-
23,537
23,537
-
-
-
23,537
Reason for designation
Towards running costs for a new youth project and community kitchen
project.

12 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £146,376 (previous year: £96,538).

13 Operating leases

Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2025
£
11,000
10,083
-
21,083		 2024
£
-
-
-
-

22

LS14 Trust

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2025

2025
2024
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
19,337
22,377
Charitable activities
161,858
143,820
Bank interest
2,533
814
Total income
183,728
167,011
Expenditure
Charitable activities
168,273
230,450
Total expenditure
168,273
230,450
Net income / (expenditure)
15,455
(63,439)
Transfers between funds
140
-
Net movement in funds
15,595
(63,439)
Fund balances brought forward
87,244
150,683
Fund balances carried forward
102,839
87,244		 2025
Restricted
funds
£
782,750
2,000
-
784,750
755,369
755,369
29,381
(140)
29,241
161,879
191,120		 2024
Restricted
funds
£
332,679
-
-
332,679
411,331
411,331
(78,652)
-
(78,652)
240,531
161,879		 2025
Total
funds
£
802,087
163,858
2,533
968,478
923,642
923,642
44,836
-
44,836
249,123
293,959		 2024
Total
funds
£
355,056
143,820
814
499,690
641,781
641,781
(142,091)
-
(142,091)
391,214
249,123

23