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2025-06-30-accounts

Charity Commission number: 1172118 Companies House number: 09646545

GORSE HILL STUDIOS CREATIVE COMMUNITY TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Gorse Hill Studios Creative Community Contents

Page
Trustees Annual Report 1 - 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Statement of Cash Flows 14
Notes to the Financial Statements 15 - 31

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Gorse Hill Studios Creative Community (GHS) continues to make a significant and measurable difference to the lives of children and young people across Greater Manchester. This year’s report highlights the strength of our youth work and arts-based approach, our commitment to serving those most affected by disadvantage, and our ability to deliver meaningful outcomes at scale.

In 2024–25, we supported 829 children and young people through creative, educational and wellbeing sessions, achieving a 92% attendance rate across our programmes. Our work continues to engage young people facing some of the most complex challenges, including care experience, SEND needs, low income, school exclusion, and risks related to exploitation. 69% of children and young people supported had an additional need and over 40% were entitled to free school meals. Across our two core strands—Creative Learning and Participation & Inclusion—we provided consistent support, creative opportunities, and trusted relationships that helped young people build skills, confidence and connection.

The impact of our work remains profound: 89% of young people reported improved confidence and creative skills, 79% progressed into education, training or employment, and 90% said they now have a trusted adult they can rely on at GHS. Young people describe our centre as a safe, inspiring space where they can belong, express themselves and plan for their futures—sometimes with life-changing outcomes.

During our 10th anniversary year, we invested in strengthening our organisational infrastructure, enhancing monitoring and evaluation processes, and expanding the highly successful Creative Health pilot, which supports young people with complex emotional and wellbeing needs. We also deepened key partnerships with Trafford Council, GM Violence Reduction Unit, education providers, cultural organisations and grassroots groups.

Looking ahead, we remain focused on financial sustainability, developing our traded offer, strengthening partnerships, and ensuring our services remain accessible, responsive and led by young people’s voices. With continued support from funders and partners, GHS is well-placed to build on its achievements and continue delivering transformative outcomes for the young people and communities we serve.

The trustees present their annual directors’ report and financial statements of the charity for the year ended 30[th] June 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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).

Purpose

Create – Evolve – Achieve

Our Vision

Page 1

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

We use youth work and creative arts methodologies to engage, inspire and empower the most vulnerable and at-risk young people to make positive changes. Our vision is for every young person to have access to creative opportunities, a place to belong, and the freedom to express who they are.

Our Mission

We support young people to build achievable, aspirational pathways for their futures. Through safe, inclusive, and creative spaces, we help them overcome challenges, explore identity, develop resilience, and contribute to stronger communities.

Our Values

Key Objectives

Youth work underpins all aspects of our practice. We focus on:

Core Activities

The trustees confirm that they have considered Charity Commission guidance on public benefit when setting strategy and reviewing activities.

Who We Work With & How We Deliver

Page 2

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Every week, over 200 young people participate in our programmes. Across the year, more than 800 children and young people are engaged through open access, targeted programmes and alternative education.

Our services prioritise those who face multiple disadvantages, including:

Delivery Strands

We operate under three core strands:

Annual Delivery Snapshot

829 young people engaged in 3,148 sessions. 92% attendance rate across programmes. 47% of participants come from low-income households. 41% achieved AQA Award. 11% achieved Arts Awards. 90% reported having a trusted adult at GHS. 80% felt less isolated. 57% felt more positive about their futures. 93% felt improvement with their mental health.

These outcomes are captured through our in-house monitoring systems, surveys and case studies.

Impact

GHS is recognised across Greater Manchester for the transformative impact of its work.

“It’s a special environment where young people don’t feel pressured or threatened. Young people facing learning difficulties, substance misuse, low self-esteem or criminality are encouraged to express their feelings creatively. One service user said GHS ‘saved his life’.” — North Manchester Youth Justice Practitioner

Real Story – C’s Journey

C came to GHS seeking belonging and creative purpose. Through our youth-led programmes, she gained confidence, qualifications and leadership skills. Today, she is a staff member at GHS and mentors younger participants:

“If it wasn't for GHS, I wouldn’t be who I am today. They saw the best in me when no one else did.”

Key Impact Findings

Page 3

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

81% improved confidence and creative skills. 76% progressed to education, training or work. 60% built new friendships. High confidence, reduced isolation, and stronger aspirations.

Awards & Recognitions

Trafford Inspirational Woman Leader (2023). Kids Count House of Commons Award – Highly Commended (2022). Lockdown Innovation Award – NW Cultural Education Awards (2020). Multiple Care Leaver Awards (GM & Trafford). Mayor of Trafford – Chosen Charity. Development of strong Youth Board and “Grow Our Own” pathway.

Partnership Work

GHS continues to strengthen and expand partnerships with local authorities, cultural organisations, education partners and community groups. Key partners include GroundWorks, Trafford Council, Virtual Schools across GM, Trafford LCEP, education and university partners, Trafford Community Early Breaks, Collective, and the GM Violence Reduction Unit.

These collaborations enhance our reach, expertise and ability to respond to emerging needs.

Financial Review

The charity generated a net surplus of £3,129 for the year (2024: deficit of £71,937). The Trustees are pleased with this result, particularly following the significant deficit reported in the previous year, and believe it reflects the steps taken during the year to improve financial oversight and longer-term sustainability.

During the year the organisation took a careful and disciplined approach to spending. This included close control over project costs, tighter monitoring of budgets, and a cautious approach to staffing costs, including operating with a reduced staff structure, and limiting increases in pay costs during the year. Recruitment was only undertaken where it was considered necessary to support delivery.

Difficult decisions were also taken not to continue some activities and projects that were not financially sustainable. Alongside this, greater emphasis was placed on achieving full cost recovery across projects, so that budgets more accurately reflected the true cost of delivery, including core overheads and support costs.

During the year the trustees undertook a review of the classification of project funding to ensure that income and related balances were correctly presented in accordance with the requirements of the Charities SORP (FRS 102). Following this review, certain project balances previously presented within restricted funds were determined not to carry specific restrictions imposed by the funders and have therefore been reclassified as unrestricted funds. This reclassification does not affect the overall financial position of the charity but improves the presentation of funds to better reflect the nature of the underlying funding arrangements.

The reclassification has been reflected in the funds note 16 to the financial statements, by way of a transfer in the current year.

Page 4

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

The wider financial climate remains challenging for charities, particularly with continuing cost-of-living pressures and uncertainty across the sector. However, the Trustees believe that the measures taken during the year have helped place the charity in a stronger and more stable financial position going forward.

Investment Powers and Policy

The Trustees will be looking to invest a proportion of funds in an interest-bearing account, whilst retaining an appropriate level of cash to manage day to day activities.

Reserves Policy and Going Concern

Total reserves at the year-end totalled £472,719.

The balance held in unrestricted, undesignated reserves at 30 June 2025 was £350,368, of which £349,202 represents free reserves.

The Trustees recognise the importance of maintaining an appropriate level of reserves to ensure the financial stability and resilience of the charity. In determining the level of reserves required, Trustees have considered the charity’s cost base, particularly staffing costs, and the need to maintain continuity of operations.

On this basis, the Trustees consider that holding free reserves equivalent to at least four months of core operating expenditure is appropriate. This level reflects the nature and timing of the charity’s income, including reliance on grant funding and restricted funds which cannot be used to support core costs or short-term cash flow requirements.

As discussed in the Financial Review, a review of fund classifications was undertaken during the year, resulting in a one-off increase in reported free reserves. Accordingly, at the year-end, free reserves of £349,202 are above the target level. The Trustees consider this appropriate in the short term, reflecting the recent reclassification of funds, the timing of income, a period of leadership transition, and ongoing development of financial systems and cost allocation.

With a new strategic plan in development, the Trustees consider it prudent to retain a higher level of reserves while future priorities, delivery models and income strategies are established. The Trustees will continue to review the level of reserves over the coming year and will consider the designation of funds to support organisational sustainability, investment in infrastructure and systems, and the management of future strategic risks.

The charity’s principal sources of income are grants, income from STEP and other commissioned activity, and rental income.

The Trustees consider that it is appropriate to prepare the accounts on a going concern basis. In reaching this conclusion, Trustees have considered the level of reserves held, expected future income streams and the charity’s ability to manage its cost base. The accounts do not include any adjustments that would be necessary if these sources of income were to cease.

Risk Management

The Trustees have reviewed the major risks to which the charity is exposed and have established systems and procedures to mitigate these risks. Risk management is an ongoing process, with regular review by the Board and senior management. The Trustees are also planning to further strengthen governance processes and internal controls in the coming period to support effective oversight and risk management.

The following key risks have been identified:

Page 5

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

The Trustees are satisfied that appropriate systems are in place to manage these risks and will continue to monitor them regularly.

Plans for Future Periods

The current Chief Executive, Caroline Gleaves, will be leaving the charity after 10 years’ service. A new Chief Executive has recently been appointed and will be developing an updated strategic plan over the coming year. This will focus on ensuring the organisation remains financially sustainable while continuing to deliver strong outcomes for young people.

Key priorities include:

The Trustees recognise that the external environment remains challenging and will continue to take a measured and flexible approach to growth, ensuring the organisation remains stable while continuing to deliver meaningful outcomes for young people.

Structure, Governance and Management

Gorse Hill Studios Creative Community is a company limited by guarantee governed by its Memorandum and Articles of Association dated 18 June 2015. It is registered as a charity with the Charity Commission and is constituted under a trust deed dated 17 March 2017.

Page 6

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Appointment of Trustees

As set out in the Articles of Association; Trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a minimum period of 3 years.

Trustee Induction and Training

Trustees are recruited for their knowledge, skills and experience. The charity now advertises to recruit Trustees/Company Directors, alongside using networks and informal approaches where appropriate. All prospective Trustees are made aware of the legal duties and responsibilities of company directors and charity trustees. They are provided with key organisational documents, including the Business Plan, and are invited to attend Board meetings as observers prior to appointment where appropriate.

The charity is committed to supporting Trustees in fulfilling their roles effectively. Trustees are encouraged to remain informed about their duties and are provided with relevant updates and communications on governance matters. An annual Trustee development session is held to support ongoing learning and Board effectiveness.

The Chief Executive meets regularly with the Chair on a monthly basis to support communication, oversight and effective governance.

Organisation

The Board of Trustees administers the charity. The board normally meets 4 times per year. Senior managers are appointed by the Trustees to manage the day-to-day operations of the charity.

Related parties and co-operation with other organisations

None of our Trustees receive remuneration or any other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full Board of Trustees in the same way as any other contractual relationship with a related party. Note 2 to the financial statements discloses related party transactions.

Reference and administrative information

Charity Name: Gorse Hill Studios Creative Community Charity Number: 1172118 Company Registration Number: 09646545

Directors and Trustees

The directors of the charitable company (the charity) are its Trustees for the purpose of charity law. The Trustees and officers serving during the year and since the year end were as follows:

Key management personnel: Trustees and Directors

Simone Finegan Lee Morgan Treasurer Jennifer Riding Glynis Williams Chair

Page 7

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Lydia Anthony Michelle Calame Thomas Cole Erica Douglas-Osborn David Lobban Michelle Odogu Daniel Walsh

(resigned November 2024) (appointed November 2024) (appointed November 2024, resigned March 2025) (appointed November 2024) (appointed November 2024) (appointed May 2025)

Senior managers

Caroline Gleaves Liam Finnigan

(appointed 16 March 2026)

Page 8

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Registered Office

Gorse Hill Studios Cavendish Road Stretford Manchester M32 0PR

Independent Examiners

Hilton Jones t/a Community Accountancy Service Hollinwood Business Centre Albert Street Oldham OL8 3QL

Bankers

Virgin Money

34 Princes Street Stockport SK1 1RE

Royal Bank of Scotland

Drummond House (EE) Branch Customer Service Centre Drummond House 1 Redheughs Avenue Edinburgh EH12 9JN

Page 9

Gorse Hill Studios Creative Community Report of the Trustees For The Year Ended 30 June 2025

Trustees’ Responsibilities in Relation to the Financial Statements

The charity trustees (who are also the directors of Gorse Hill Studios Creative Community for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each 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 that period.

In preparing the financial statements, the Trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the board of trustees _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Glynis Williams Chair 27 Mar 2026 Date:

Page 10

Gorse Hill Studios Creative Community Independent Examiner's Report For The Year Ended 30 June 2025

I report on the accounts of the company for the year ended 30 June 2025, which are set out on pages 12 to 31.

Respective responsibilities of trustees and examiner

The trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

JM Hilton-Jones

JM Hilton-Jones Hilton Jones Ltd Hollinwood Business Centre 27 Mar 2026 Albert Street Oldham OL8 3QL

Page 11

Gorse Hill Studios Creative Community Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2025

----- Start of picture text -----
Unrestricted Restricted
Funds Funds 2025 2024
Notes £ £ £ £
INCOME FROM
Donations and legacies 3 4,349 6,042 10,391 1,864
Charitable activities 4 352,539 385,502 738,041 730,302
Income from trading activities 6 58,015 9,609 67,624 34,599
Investment income 1,757 - 1,757 1,312
Sundry income 900 - 900 -
TOTAL INCOME 417,560 401,153 818,713 768,077
EXPENDITURE ON
Raising funds 7 17,067 14,093 31,160 14,389
Charitable activities 7 407,991 370,687 778,678 825,625
Other 5,175 571 5,746 -
7
TOTAL EXPENDITURE 430,233 385,351 815,584 840,014
NET INCOME/(EXPENDITURE) (12,673) 15,802 3,129 (71,937)
Transfers between funds 16 221,574 (221,574) - -
NET MOVEMENT IN FUNDS 208,901 (205,772) 3,129 (71,937)
RECONCILIATION OF FUNDS
Total funds brought forward 16 141,467 328,123 469,590 541,527
TOTAL FUNDS CARRIED FORWARD 16 350,368 122,351 472,719 469,590
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 15 to 31 form part of these accounts.

Page 12

Gorse Hill Studios Creative Community Balance Sheet As At 30 June 2025

----- Start of picture text -----
Companies House number: 09646545
Unrestricted Restricted
Funds Funds 2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 11 1,166 60,844 62,010 80,613
1,166 60,844 62,010 80,613
CURRENT ASSETS
Debtors 12 133,566 22,687 156,253 115,865
Cash at bank and in hand 260,895 74,360 335,255 320,416
394,461 97,047 491,508 436,281
Creditors: Amounts falling due 13
36,838 35,540 72,378 28,778
within one year
NET CURRENT ASSETS 357,623 61,507 419,130 407,503
TOTAL ASSETS LESS CURRENT LIABILITIES 358,789 122,351 481,140 488,116
Creditors: Amounts falling due after 15 -
8,421 8,421 18,526
more than one year
NET ASSETS 350,368 122,351 472,719 469,590
THE FUNDS OF THE CHARITY
Restricted income funds 16 - 122,351 122,351 328,123
Unrestricted income funds 16 350,368 - 350,368 141,467
TOTAL CHARITY FUNDS 350,368 122,351 472,719 469,590
----- End of picture text -----

For the period in question the company was entitled to the exemption conferred by section 477 of the Companies Act 2006, and that no notice has been deposited under section 476 in relation to its accounts for the financial year. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

27 Mar 2026

Approved by the trustees on

Lee Morgan

Lee Morgan - Treasurer

The notes on pages 15 to 31 form part of these accounts.

Page 13

Gorse Hill Studios Creative Community Statement of Cash Flows For The Year Ended 30 June 2025

RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net movement in funds
Add back depreciation
Add back loan interest paid
Deduct investment income
Decrease/(increase) in debtors
Increase/(decrease) in creditors
NET CASH USED IN OPERATING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES:
Interest received
Interest paid
Repayment of loan
NET CASH PROVIDED BY FINANCING ACTIVITIES
CASH FLOWS FROM INVESTMENT ACTIVITIES:
Purchase of fixed assets
NET CASH PROVIDED BY INVESTING ACTIVITIES
CASH AND CASH EQUIVALENTS BROUGHT FORWARD
CASH AND CASH EQUIVALENTS CARRIED FORWARD
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE
YEAR		 2025
2024
£
£
3,129
(71,937)
18,603
21,890
3,168
3,168
(1,757)
(1,312)
(40,388)
15,471
43,600
(1,343)
26,355
(34,063)
1,757
1,312
(3,168)
(3,168)
(10,105)
(10,105)
(11,516)
(11,961)
-
(4,222)
-
(4,222)
14,839
(50,246)
320,416
370,662
335,255
320,416

Page 14

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

1 Accounting Policies

1.1 Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes 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 1st January 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

1.2 Funds structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 10 restricted funds.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. Further details of each fund are disclosed in note 16.

1.3 Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

1.4 Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note 1.6.

1.5 Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

Page 15

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

1.6 Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitable activities have been apportioned based on type of expense. The allocation of support and governance costs is analysed in note 8.

1.7 Costs of raising funds

The costs of raising funds consists of activities, marketing and DBS costs.

1.8 Charitable Activities

Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 7.

1.9 Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:

Office and Music Equipment, Minibus, Mobile Stage & Music Studio

3 and 10 years on cost

1.10 Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial

1.11 Pensions

‑ The charity operates an auto enrolment pension scheme. The charity has no liability beyond paying its contributions and collecting employees’ contributions.

1.12 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 16

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

1.13 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Related party transactions and trustees' expenses and remuneration

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2024: £nil). Expenses paid to the trustees in the year totalled £nil (2024: £nil).

3 Donations and Legacies

Donations
Previous reporting period
Donations		 Unrestricted
2025
£
4,349
4,349		 Restricted
Total Funds Total Funds
2025
2025
2024
£
£
£
6,042
10,391
1,864
6,042
10,391
1,864
Unrestricted
Restricted
Total Funds
2024
2024
2024
£
£
£
1,864
-
1,864
1,864
-
1,864

Page 17

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

4 Income from charitable activities

National Foundation Recharge Fund - Music Stud
Trafford Housing Trust - Music Studio
Salford CVS - Snap Back Sounds
STEP (Formerly ACE)
Trafford Sports Relationship - Culture Club
Trafford MBC - Culture Club
Sport Works Limited - Challenge
Sport Works Limited - Short Breaks Saturdays
Trafford Care Leavers Peer Mentors
Trafford MBC - Good Vibes Only
Greater Sport - Right to Streets
Trafford MBC - Hate Crime
Trafford MBC - Youth Cabinet
Care Leavers Forum
Community Organisation
Salford CVS - Achieve Asset Fund
Pilgrim Trust
GMCA/WEA
GMCVO - Cost of Living
House of Commons - Youth Cabinet
Curious Minds - Culture Club
Trafford Community Collective - Culture Club
Safe Strong Communities
Trafford Community Collective - Rights to Streets
GM Moving - Rights to Streets
Foundation 92 - Music Mentoring
Wates Family Enterprise Trust
Sale West
Short Film Project
AE Yates Limited
University of Manchester - Bee Well Artivists
National Lottery Funding
Trafford MBC - Disability Pride
Lancashire Wildlife Trust - Greenspaces Project
Great Places Housing Association - Music Studio
GMYF - Partington Youth Centre
Bolton CVS - Access for Growth
The Foyle Foundation
STEP (Formerly ACE)
Trafford MBC - Youth Cabinet		 Unrestricted
Restricted
Total Funds Total Funds
2025
2025
2025
2024
£
£
£
£
-
-
-
7,204
-
-
-
12,888
-
10,917
10,917
-
-
-
-
337,708
-
-
-
6,375
-
39,811
39,811
32,835
-
15,747
15,747
16,768
-
36,784
36,784
49,776
-
7,515
7,515
26,228
-
9,980
9,980
-
-
-
-
15,700
-
-
-
4,869
-
-
-
22,630
-
7,799
7,799
7,746
-
-
-
48,927
-
-
-
14,960
-
30,400
30,400
30,000
-
59,662
59,662
29,664
-
4,200
4,200
23,800
-
-
-
200
-
-
-
13,000
-
-
-
3,000
-
28,298
28,298
3,750
-
-
-
200
-
-
-
240
-
-
-
150
-
-
-
5,000
-
-
-
7,900
-
-
-
1,951
-
3,890
3,890
-
-
1,000
1,000
-
-
57,375
57,375
-
-
1,000
1,000
-
-
18,350
18,350
-
-
622
622
-
-
2,208
2,208
-
-
49,944
49,944
-
20,000
-
20,000
-
278,202
-
278,202
-
22,883
-
22,883
-
Carry forward 321,085
385,502
706,587
723,469

Page 18

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

4 Income from charitable activities

Brought forward
Sale West
Trafford MBC - Short Breaks
Autotrader
High Sheriffs Trust
Trafford Community Collective
NHS
Garfield Weston Foundation
Pilgrim Trust		 321,085
385,502
706,587
723,469
4,713
-
4,713
-
12,660
-
12,660
-
-
-
-
500
-
-
-
4,000
300
-
300
500
1,281
-
1,281
1,471
12,500
-
12,500
-
-
-
-
362
352,539
385,502
738,041
730,302

STEP (Formerly ACE - Alternative Creative Education) comprises funding from Altrincham College of Arts, Ashton on Mersey School, Brentwood High School, Cambrian Group, Dixons Brooklands Academy, Flixton Girls School, Manchester Academy, Manchester City Council, Marple Hall School, Oakwood Academy, Oasis Academy, Sale High School, Salford Monitoring. St Anthony's School, The Parks, Trafford MBC, Virtual School Rochdale, Wellington School and Wirral Council.

Page 19

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

----- Start of picture text -----
Previous reporting period Unrestricted Restricted Total Funds
2024 2024 2024
£ £ £
-
National Foundation Recharge Fund - Music Studio 7,204 7,204
-
Trafford Housing Trust - Music Studio 12,888 12,888
-
STEP (Formerly ACE) 337,708 337,708
-
Trafford Sports Relationship - Culture Club 6,375 6,375
Trafford MBC - Culture Club - 32,835 32,835
-
Sport Works Limited - Challenge 16,768 16,768
-
Sport Works Limited - Short Breaks Saturdays 49,776 49,776
Trafford Care Leavers Peer Mentors - 26,228 26,228
-
Greater Sport - Right to Streets 15,700 15,700
Trafford MBC - Hate Crime - 4,869 4,869
Trafford MBC - Youth Cabinet - 22,630 22,630
Care Leavers Forum - 7,746 7,746
-
Community Organisation 48,927 48,927
Salford CVS - Achieve Asset Fund - 14,960 14,960
-
Pilgrim Trust 30,000 30,000
GMCA/WEA - 29,664 29,664
-
GMCVO - Cost of Living 23,800 23,800
House of Commons - Youth Cabinet - 200 200
Curious Minds - Culture Club - 13,000 13,000
-
Trafford Community Collective - Culture Club 3,000 3,000
-
Safe Strong Communities 3,750 3,750
Trafford Community Collective - Rights to Streets - 200 200
GM Moving - Rights to Streets - 240 240
Foundation 92 - Music Mentoring - 150 150
-
Wates Family Enterprise Trust 5,000 5,000
Sale West - 7,900 7,900
-
Short Film Project 1,951 1,951
Autotrader 500 - 500
-
High Sheriffs Trust 4,000 4,000
Trafford Community Collective 500 - 500
NHS 1,471 - 1,471
Pilgrim Trust 362 - 362
6,833 723,469 730,302
----- End of picture text -----

Page 20

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

5 Net income

Net income is stated after charging:
Depreciation - owned assets
Accountancy
Income from other trading activities
Project income
Fundraising events
Rental income
Previous reporting period
Project income
Fundraising events
Rental income		 Unrestricted
2025
£
-
330
57,685
58,015		 Restricted
2025
£
-
9,609
-
9,609
Unrestricted
2024
£
4,938
392
29,269
34,599		 2025
2024
£
£
18,603
21,890
3,975
1,502
Total Funds Total Funds
2025
2024
£
£
-
4,938
9,939
392
57,685
29,269
67,624
34,599
Restricted
Total Funds
2024
2024
£
£
-
4,938
-
392
-
29,269
-
34,599

6 Income from other trading activities

Page 21

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

7 Expenditure

Expenditure on raising funds
Events costs
Advertising and marketing
Expenditure on charitable activities
Employment costs
Training
Room hire
Freelance costs
DBS fees
Licences
Travel expenses
Minor equipment
Resources
Bad debts
Repairs and maintenance
Refreshments
Supervision
Subscriptions
IT maintenance and software
Cleaning
Telephone
Bank charges
Loan interest
Insurance
Post, printing & stationery
Depreciation
Governance costs
Support costs
Other expenditure
Miscellaneous
Restricted funds
Unrestricted funds		 Projects
£
30,292
868
31,160
Projects
£
548,816
7,578
1,049
102,477
1,384
360
9,901
-
34,097
(6,450)
355
355
2,225
1,394
10,099
4,044
7,478
541
3,168
2,485
685
18,603
3,975
24,059
778,678
Projects
£
5,746
5,746		 2025
2024
£
£
30,292
14,025
868
364
31,160
14,389
2025
2024
£
£
548,816
486,167
7,578
7,126
1,049
1,943
102,477
193,867
1,384
1,249
360
756
9,901
9,164
-
1,416
34,097
28,239
(6,450)
7,980
355
1,305
355
2,082
2,225
2,046
1,394
1,917
10,099
11,189
4,044
2,528
7,478
6,116
541
84
3,168
3,168
2,485
2,176
685
720
18,603
21,890
3,975
1,502
24,059
30,995
778,678
825,625
2025
2024
£
£
5,746
-
5,746
-
2025
2024
£
£
385,351
834,352
430,233
5,662
815,584
840,014

Page 22

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

8 Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown below.

Accountancy
Professional fees
Payroll bureau fees
Previous reporting period
Accountancy
Professional fees
Payroll bureau fees
Use of facilities
Use of facilities
Use of facilities
Use of facilities
Basis of apportionment
Basis of apportionment
Use of facilities
Use of facilities		 General
Support
Governance
2025
£
£
£
-
3,975
3,975
20,113
-
20,113
3,946
-
3,946
24,059
3,975
28,034
General
Support
Governance
2024
£
£
£
-
1,502
1,502
27,815
-
27,815
3,180
-
3,180
30,995
1,502
32,497

Page 23

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

9 Analysis of staff costs

Wages and salaries
Employers NIC
Pension costs
Charitable activities
Average number of employees
Number of employees with benefits in excess of £60,000
Total employment benefits, including employer pension contributions of the
key management personnel		 2025
2024
£
£
502,752
444,037
36,780
33,022
9,284
9,108
548,816
486,167
548,816
486,167
548,816
486,167
2025
2024
32
30
-
-
2025
2024
£
£
47,573
46,601

The charity considers its key management personnel comprises the Senior Manager.

10 Independent Examiner Fees

Independent examination fees 2025
2024
£
£
3,975
1,502
3,975
1,502

Page 24

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

----- Start of picture text -----
11 Tangible Fixed Assets
Office and
Music
Equipment,
Minibus,
Mobile
Building Stage &
improvem Freehold Freehold Music
Phase III ents buildings land Studio Total
£ £ £ £ £ £
Cost
- - - -
At 1 July 2024 133,423 133,423
At 30 June 2025 - - - - 133,423 133,423
Depreciation
- - - -
At 1 July 2024 52,810 52,810
- - - -
Charge for Year 18,603 18,603
At 30 June 2025 - - - - 71,413 71,413
Net Book Value
At 30 June 2025 - - - - 62,010 62,010
- - - -
At 1 July 2024 80,613 80,613
12 Debtors
2025 2024
£ £
Debtors 104,221 112,370
Prepayments 52,032 3,495
156,253 115,865
2025 2024
£ £
Restricted 22,687 112,370
Unrestricted 133,566 3,495
156,253 115,865
----- End of picture text -----

Page 25

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

13 Creditors: amounts falling due within one year

Access to Growth Loan
Creditors
Other creditors and accruals
Taxation and social security costs
Deferred income
Restricted
Unrestricted
14 Deferred income
Balance as at 01 July 2024
Amount released to income earned from charitable activities
Amount deferred in year
Balance as at 30 June 2025
15 Creditors: amounts falling due after more than one year
Access to Growth Loan
Deferred income comprises rental income and grants invoiced and received
in advance.		 2025
2024
£
£
10,105
10,105
4,485
1,753
16,521
9,023
5,727
-
35,540
7,897
72,378
28,778
2025
2024
£
£
35,540
7,897
36,838
20,881
72,378
28,778
2025
2024
£
£
7,897
9,054
(7,897)
(9,054)
35,540
7,897
35,540
7,897
2025
2024
£
£
8,421
18,526
8,421
18,526

Page 26

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

16 Analysis of charitable funds

Analysis of movements in unrestricted funds

General fund
Previous reporting period
General fund		 As at
1 July
2024
Incoming
Resources
Resources
Expended
Transfers
As at
30 June
2025
£
£
£
£
£
141,467
417,560
(430,233)
221,574
350,368
141,467
417,560
(430,233)
221,574
350,368
As at
1 July
2023
Incoming
Resources
Resources
Expended
Transfers
As at
30 June
2024
£
£
£
£
£
139,172
44,608
(5,662)
(36,651)
141,467
139,172
44,608
(5,662)
(36,651)
141,467

Name of unrestricted fund: General fund

Description, nature and purpose of the fund

The unrestricted funds of the organisation

Page 27

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

16 Analysis of movements in restricted funds

Trafford Housing Trust - Music Studi
Trafford MBC - Music Studio
Salford CVS - Snap Back Sounds
STEP (Formerly ACE)
Care Leavers Interview Support
Trafford MBC - Culture Club
Sport Works Limited - Challenge
Sport Works Limited - Short Breaks
Trafford Care Leavers Peer Mentors
Trafford MBC - Good Vibes Only
Trafford MBC - Hate Crime
Music Mentoring
Care Leavers Forum
Community Organisation
Salford CVS - Achieve Asset Fund
Pilgrim Trust
GMCA/WEA
GMCVO - Cost of Living
Safe Strong Communities
Wates Family Enterprise Trust
Sale West
AE Yates Limited
University of Manchester - Bee Well
National Lottery Funding
Trafford MBC - Disability Pride
Lancashire Wildlife Trust - Greenspa
Great Places Housing Association -
GMYF - Partington Youth Centre
Bolton CVS - Access for Growth		 As at
1 July
2024
Incoming
Resources
Resources
Expended
Transfers
As at
30 June
2025
£
£
£
£
£
32,248
-
(15,099)
-
17,149
42,603
-
(15,099)
-
27,504
-
10,917
(5,514)
-
5,403
227,145
-
-
(227,145)
-
540
-
(540)
-
-
620
39,811
(45,013)
4,582
-
139
21,789
(21,928)
-
-
-
36,784
(36,784)
-
-
-
7,515
(8,291)
776
-
-
9,980
(9,980)
-
-
(170)
-
(168)
338
-
655
-
(655)
-
-
-
7,799
(8,245)
446
-
416
-
(416)
-
-
3,828
-
-
-
3,828
11,525
30,400
(39,621)
-
2,304
194
69,271
(65,878)
-
3,587
-
4,200
(4,200)
-
-
-
28,298
(8,026)
-
20,272
5,000
-
(5,000)
-
-
3,380
-
-
(3,380)
-
-
3,890
(3,890)
-
-
-
1,000
-
-
1,000
-
57,375
(60,184)
2,809
-
-
1,000
(1,000)
-
-
-
18,350
(350)
-
18,000
-
622
(622)
-
-
-
2,208
(2,208)
-
-
-
49,944
(26,640)
-
23,304
328,123
401,153
(385,351)
(221,574)
122,351

During the year the trustees reviewed the restrictions attaching to a number of project funds. Where no formal restriction from the funder was identified, the related balances have been reclassified to unrestricted funds. The reclassification has been reflected through the funds structure in the current year and comparative balances have been adjusted where appropriate to ensure consistent presentation.

This resulted in STEP (formerly ACE) and Sale West as being reclassified as unrestricted.

Page 28

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

16 Analysis of movements in restricted funds (cont'd)

Previous reporting period
National Foundation Recharge Fund
Trafford Housing Trust - Music Studi
Trafford MBC - Music Studio
Salford CVS - Snap Back Sounds
STEP (Formerly ACE)
Greater Sport
RSMP
Trafford Sports Relationship - Cultur
Manchester Airport
Trafford MBC Care Leavers
Care Leavers Interview Support
Trafford MBC - Culture Club
Sport Works Limited - Challenge
Sport Works Limited - Short Breaks
Trafford Care Leavers Peer Mentors
Greater Manchester Police - Good V
Greater Sport - Right to Streets
Trafford MBC - Hate Crime
Trafford MBC - Youth Cabinet
Trafford MBC - Youth Connect Paren
Culture Club
Trafford Cultural Education Partners
Music Mentoring
Care Leavers Forum
Community Organisation
Salford CVS - Achieve Asset Fund
Pilgrim Trust
GMCA/WEA
GMCVO - Cost of Living
House of Commons - Youth Cabinet
Curious Minds - Culture Club
Trafford Community Collective - Cult
Safe Strong Communities
Trafford Community Collective - Righ
GM Moving - Rights to Streets
Foundation 92 - Music Mentoring
Wates Family Enterprise Trust
Sale West
Short Film Project		 As at
1 July
2023
Incoming
Resources
Resources
Expended
Transfers
As at
30 June
2024
£
£
£
£
£
13,400
7,204
(20,604)
-
-
36,838
12,888
(49,726)
32,248
32,248
51,306
-
(8,703)
-
42,603
14,960
-
(14,960)
-
-
230,769
337,708
(341,332)
-
227,145
8,760
-
(8,760)
-
-
10,000
-
(10,000)
-
-
(560)
6,375
(6,375)
560
-
400
-
(400)
-
-
(165)
-
-
165
-
960
-
(420)
-
540
-
32,835
(32,425)
210
620
88
16,768
(16,946)
229
139
1,531
49,776
(51,307)
-
-
8,634
26,228
(34,862)
-
-
3,694
-
(3,694)
-
-
14,603
15,700
(30,303)
-
-
340
4,869
(5,379)
-
(170)
697
22,630
(23,327)
-
-
1,900
-
(1,900)
-
-
740
-
(740)
-
-
3,000
-
(3,000)
-
-
460
-
(709)
904
655
-
7,746
(10,081)
2,335
-
-
48,927
(48,511)
-
416
-
14,960
(11,132)
-
3,828
-
30,000
(18,475)
-
11,525
-
29,664
(29,470)
-
194
-
23,800
(23,800)
-
-
-
200
(200)
-
-
-
13,000
(13,000)
-
-
-
3,000
(3,000)
-
-
-
3,750
(3,750)
-
-
-
200
(200)
-
-
-
240
(240)
-
-
-
150
(150)
-
-
-
5,000
-
-
5,000
-
7,900
(4,520)
-
3,380
-
1,951
(1,951)
-
-
402,355
723,469
(834,352)
36,651
328,123

Page 29

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

16 Analysis of movements in restricted funds (cont'd)

Name of restricted fund:

Description, nature and purpose of the fund

Trafford Housing Trust - Music Studio Music studio refurbishment Trafford MBC - Music Studio Music studio refurbishment Salford CVS - Snap Back Sounds Snap back sounds music project Salford CVS - Achieve Asset Fund Snap back sounds music project Pilgrim Trust Youth work and creative therapies GMCA/WEA Safe Strong Communities for the Smoking Cessation project University of Manchester - Bee Well Artivists for the Bee Well project Lancashire Wildlife Trust - Greenspaces Project for the Greenspaces Project Bolton CVS - Access for Growth for Access for Growth

Music studio refurbishment Music studio refurbishment Snap back sounds music project Snap back sounds music project Youth work and creative therapies Learning and education programme for the Smoking Cessation project for the Bee Well project for the Greenspaces Project for Access for Growth

17 Analysis of net assets between funds

Designated
funds
£
Tangible fixed assets
-
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Creditors falling due after one year
Total
-
Previous reporting period
Designated
funds
£
Tangible fixed assets
-
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Creditors falling due after one year
Total
-		 Unrestricted
Restricted
2025
£
£
£
1,166
60,844
62,010
260,895
74,360
335,255
96,728
(12,853)
83,875
(8,421)
-
(8,421)
350,368
122,351
472,719
Unrestricted
Restricted
2024
£
£
£
5,110
75,503
80,613
172,269
148,147
320,416
(17,386)
104,473
87,087
(18,526)
-
(18,526)
141,467
328,123
469,590

18 Going Concern

The charity's main source of income is grant funding and investment income. The trustees consider, having regard to reserves that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding income should cease.

19 Post Balance Sheet Events

The Trustees do not consider that there have been any events since the balance sheet date that significantly impact on the financial statements.

Page 30

Gorse Hill Studios Creative Community Notes to the Financial Statements For The Year Ended 30 June 2025

20 Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Page 31