Regisicrcd Charity Number 1177618 REPORT OF THE TRUS"fEbS AND FINANCIAL AND FtNANCIAI. STATEMENTS FOR THE YEAR ENDED 31" MARCH 2025 FOR CHEESY WAFFLES PROJEcr cio RIbcheS￿S, Chartered Accounwts Fin¢hale House Belmont Business Park Durham DHI ITW Cheesy Waffles Prnject CIO CONTENTS OF THE FINANCIAL STATEMENTS OR THE YEAR EIYDED 31sf MARCH 2025 Page Report of the Trustees I to 13 Independellt Examiner's Report 14 StAtemeDt of Finaneial Activities 15 Balance Sheet 16 Iyotes to tbe Financi*l Statements 17to26 Detailed Stltement of Financial Activities 27to28 Annual Report Cheesy Waffles Project April 2024 to March 2025 li} This ye8r we have celebrated our 20 ye8rs of delivering positive activities as the Cheesy Waffles Project. It has seen our mernbers receive recognition awards for theirdedication and commitmentto the Charity. OurActivities Co-ordinator received Community Champion of the Year al the NE Youth Awards. Nine of our members received their Duke of Edinburgh Silver Award after 8 year of hard work and commitment completing their different sections. We enjoyed 8ttendingthe KeyAwards with our group The Famous Pin k and Black Five celebrating the skills they learnt through completingthe Key Fund. Six of our members visited Buckingham Palace to receive their Gold Duke of Edinburgh Award, a huge achievement and honour for this fantastic group of young people. Four of ouryoung people hosted A Celebration Eventwith awards for all our younger members givingthe chance to celebrate achievements together. Six members gained their FirstAid for Young People Award. This year the Football Club have focused on raising disability acceptance by visiting new football clubs, playing against different teams and travelling across the country. Our young people and adults have taken on volunteer roles leading on marketing, fundraising. setting up for matches. equipment care and management. The Club entered The Stanks Charitycup again in Berwickand enjoyed the opportunityto play different teams from Northumberland and the Borders. They also played in the United Charity League 2024 winning the Cup. they have now started playing in matches for the 2025 League. Funding from The National Lottery'Knowyour Neighbourhood. has enabled the Skills House to develop its services for our project members. With regular learning and social activities. sleepovers, meetings and training taking place. the Skills House continues to be a fantastic asset to the Charity. Performing Arts continues to be a popular and skill building activitywlth our'making Music. Project developing even further this year and showcasing 8 range of different performances including the pantomime Treasure Island. a musicaljourney through Local Historywith A Durham Tale at the Durham Fringe. Bugsy Malone, Disneythrough the Decades, A Christmas SingAlong and 8 20 Anniversary Celebration. New funding has given the opportunityfor a new session 'Performer Pals'to start aimed at children age six to fourteen years. A busy and active year has given opportunityto support positive mental health and wellbeing alongside staying fit and keeping healthy. With two weeklyfitness focused clubs for members age eleven to adull to access plus a wide range of activities that support positive mental health and trying newthings to engage in. Activities have included walking. swimming. paddle boarding. bell boating. lowand high ropes, indoor sledging, snowtubing. boxercise, golfing, yoga. sensory. nature hunts. crabbing and rock pooling. sexual health & relationships. cookery. Our holiday periods have been busy, fun and active with full programmes being delivered for Junior. Transitions and Adult age groups ensuringthat activities are age appropriate and engaging for all members. Funding has given opportunityto visit new places. engage in new activities. enjoy overnight stays and residentials, learn new skills, and have valued socialtimewith others. Wèlcome to Scotland As well as having a good time and making new friends our members have increased confidence and spirit of adventure. As a user led provision all our 8Ctivities are planned using ide8S and suggestions from our members. Durham Associ8tion of Boys and Girls Clubs organised an amazing day at Weardale Adventure, MGL & The Dunes have organised and funded bowling. meals and familyfun days. Fundingfrom Neighbouriy has ensured that our members enjoy snacks and meals as part of their holiday activities. 14 Our Adult daytime provision has had a very successfulyear with a varied programme supporting learning. development and engagement. Being a valued member of the local community is imperative to the Project giving members the opportunity to plan and deliver events, volunteer and support others in the community. Projects have included Independent Living. Transport & Access, Environment & Food Waste, Performing Arts. Music Icons, World ofwork, Awareness Days. Mindtulness. Health & Fitness and Fundraising. >rprf 71- Being part of the community is at the heart of Cheesywaffles. the links we have made and support we receive enables positive disability acceptance and community cohesion for everyone in the project. We enjoyed being part of the Ushaw College Christmas Festival and Flower Festival. Volunteering with The Rotary Club of Durham at the Santa Sleigh Charity collections and taking part in the Annual Swimathon. Being partofthe Access and Inclusion Programme at Beamish Museum has been a fantastic opportunity ensuringthat local attr8Ctions are inclusive to all. IWd¢r Woild We Performed 'A Durham Tale. in this year's Fringe Festival and have attended local events including Durham Pride. Make Change Together and fairs and events at local community centres and churches. There have been communityfood drives. fairs. coffee mornings. fundraising for other charities, Community coach trips, family fun days. fashion show. discos and party nights. :¥ thLC5 ¢? Support from the local community ensures thatwe keep on raising funds to develop the Charity for our users and increase opportunity for new members tojoin the project. Our members and theirfamilies, friends and carers continuously fund raise and support our events. We have amazing local business supportfrom Tesco, Sainsburys Local, Co-op. MGL. Belmont WMC. Travellers Rest Belmont, HMH Civils. Hays Travel and Amazon Bowburn. This year has seen us celebrate beingcheesywaffles Project for 20 years. We have enjoyed family events. community celebrations. individual achievements. performances. parties and award presentations. Looking back overthe past year shows how much the Charity has achieved in its 20 years. starting as a once-a-month club for young people age 14 to 17 years and now deliveringthirteen regular clubsfor children. young people and adults age 6 to 35 years. Our most recent club focusing on performing arts for children to engage in song, dance 8nd drama takes us back to one of ourfirst groups of children who started at 11 years old and are still with us today 8S 8dults mentoring others and leading on the development of the Project. Our staff team have navigated through some difficult times this yearwith changes in venue. uncertainty in funding and changes in the management structure. They have shown their resilience and commitmentto the Project and especially our members and have delivered a rewarding and engaging programme of activitles and events for all members. li We have enjoyed utilisingthe Skills House and it remains a fabulous asset to the Charity giving us ourown space that is trulyowned bythe members. CHEESY WAFFLES PROJECT Funding has been secured from grants. donations and local charities and organisations throughout the year that has supported with events. offsite visits. community projects. purchase of resources. expeditions. weekends away. staffing and premises hire. We give thanks to everyone who has supported us throughout the year. Our Mini Bus Fund has made a fantastic start with our members and their parents. carers, families and friends as well as supporters in the local communitytaking on fundraising events and challenges to help reach our target. OurTrustees have given their commitment to anotheryear. ensuring the Charity operates within its aims and objects and supporting the delivery of positive activities and development of the Project. The Cheesy Waffles Project looks forward to the year ahead, the impacl our members make and the opportunities we have to increase Disability acceptance and community cohesion. CHEESYWAFFLES CHARITY CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their r8POrt wth the financial statements of the Charity for the year ended 31 March 2025. The Trustees have adopted the provisions ofAccounting and RerM)rling 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 Iraland {FRS 102) {eff8clive 1 January 2019}. OUR CHARITABLE AIMS AND OBJECTIVES To advance in life and education, for children, young people and adulls. particularly but not exclusively those who have disabilities through-. (a) The provision of recreational and leisure lime activities prowded in the interest of social welfare. designed to improve their conditions of life- (b) Providing support and activities which develop their skills, capacities and capabilities to 8nable them to participat8 in society s mature and responsible individuals WHO WE ARE AND WHAT WE DO The Cheesy Waffles Charity is a registered Charitable Incorporated Organisation {CIOI for children, young people and adultswilh additional needs. We were established Iwentyyears ago as a Project and bècame a Charity in March 2018. In the last six years we have expanded our Ser￿￿$ Io WOTk with children from age seven to adulthood. this is due lo addressing the needs of those who want to be a part of our Project. We are based at Belmont Community Centre, Durham. however V￿ do deliver our services from other venues to ensure our activities are suitable and accessible to all. We welcome members from across the County of Durham but also outside this boundary if they would like to participate with our activities. We currently deliver thirteen regular sessions for different age groups and interests wrth a mix Df leaming and social activity as well as delivering The Duke of Edinburgh's Award. ASDAN Short Courses, Youth Voice and Community Events. A full active prograrnme is delivered during holiday periods and at weekends lo suit dtfferenl ages and interests including ¢ookery. shopping, swimming. art & crafts. weekends away, community WOTk, gardening, history projects. sports, cinema, performing arts. independent living, health and wellbeing and social nights. M8mbers are encouraged and supported to leam life skills, increasing confidence, boosting self-esteem and supporting with the Iransition to a healthy and happy adulthood. The Charity supports those who attend our ServI￿S by reducing isolation. supporting social and emotional mental health, increasing opportunity, knowledge and skills for life. 11 also ensures acceptance and inclusion both in our sessions and in the wider community. Our Project belongs lo all its members. W8 aim to organise a range of aGtiwlies and events to suil the interests and meet the needs of a wde variety of people. We are open to new ideas. and will prioritise opportunitie5 for members to share their Gultural heritage with one another. Every member of Cheesy Waffles Project. guests and visitors are made lo feel equally welcome and included at all the project's clubs, activities, offsite visits, meetings and events. Parents, carers and other family members are given support where needed including signposting, advice sessions. volunteer opportunily. parenvcarer friendship activities, family Irips and events. The needs of our members include Prader Willis Syndrome. Global Spectrum Delay, Autism Spectrum Disorder, Down Syndrome, Attention Deficit Hyperactiwty Disorder. Fragile X Disorder, Cerebral Palsy. Aspergers. Social Anxiety. Depression, Dyspraxia. We also have rnembers who are registered blind or partially sighted, selective mutism and GommuniGation delay and wheelchair users. OUR VALUES Central to our culture is that persons with additional needs deserve to have access to the same opportunities as everyone else and to do so in a safe. caring and welcoming environment. We lry to ensure that barriers do not stop opportunity and to show others what our members Can do while raising positivè disability awareness and inGreasing a¢￿ptance in the community. Equalty. diversity and inclusion are paramount in what we stand for and believe in. OUR PEOPLE staff and Volunteers We have a staff team of eleven and a volunteer team of seven induding three of our adult members wth SEND Wor￿.ng with 120 members on a parl-time or sessional basis. Our staff are all youth work trained from Level 1 to Level 6. They have a multitude of skills, experience and training that they bring to th8 Charity, for example sports leader. football coach. artist, office s￿'11s, photography, social media, outdoor education leadership, sexual health trainers. SEND training, health and social care trained level 1 10 4, ASDAN delivery trained and Duke of Edinburgh's Award Asses50rs. Slaff must conlinue lo complete Professional Development Training to enhance their roles in add(tion to completing a minimum of four courses per year as well as attending in house training and leaming sessions. Ambassadors We have a team of twelve Ambassadors made up of members of the Charity who meel monthly to support with funding ideas, providè feedback from other mambers. planning for holiday programmes. give advice to staff, plan community events and develop aC￿ptance and awareness. They support with the planning and deliveryofinhouse events including award nights and theAnnual General Meeting. TheAmbassadors can put themselves forward for a position every tsyo years. They are also given the opportunity to attend Trustee Meetings and Staff Infomation Sèssions as well as reprèsenting Cheesy Waffles at promotion evenls. TRUSTEES AND GOVERNANCE We currently have six Trustees induding a Chairperson, Treasurer aThJ Secretary, with a quorum of three, who have a background of teaching, governance. youth work. SEND arKI policing. The Trustees provide support, guidance and advice to the Managers ofthe Charity and Staff Team and attend presentations and events. The CWP CIO AGM also provides the opportunity for Trustees to meet with members, staff, volunteers and parents. All Truslees complete regular training to enhance their roles and responsibilities. They conduct an annual review of the Charity's policies and prO￿dureS and continually review the Charity's governan￿ to ensure that it complies with legislation arKI Charity Commission. The Trustees must seek to be representative of the people wth wh¢)m the Charty works. Individual Trustees must have sufficient knowledge, both of Trusteeship in general, of the Charity's activities, the legal responsibilities of a Trustee and the expectations on becorning a Trustee of the Charty. They are required to sign a Code of Conduct which outlines the appropriate standards of behaviour expected of thern. New Trustees can be recruited to the Board at any time by thè Trustees. of the CWP CIO. A Skills Audit has re￿ntlY been carried out and a Skills Matrix implemented to ensure the Trustees are as effective as possible in delivering good governance to the Charity. A full pro￿dure for the recruitment and induction of new Trustees is in place. Governing document The Cheesy Waffles CharFty CIO {the 'Charity-) registered as a Charitable Incorporated Organisation on 20 March 2018, number 1177618. Trustees Che8syW•ffl95Proiect Manayr Wid8wWoild Proieci Manager Leadworlers Expedition Staff Team Widerwoild Projeci siaft Adminworkets Workers in Tiainin8 ALxils•ryWorkeis &Jpponworkers RedksteredVoluntÈei$ cements & Work Expeiience PARTNERSHIPS We are part of Durtiam Youth Print which brings drfferent organisab'ons togèther lo Sha￿ reSoUr￿s. ideas and knowledge and seGurefunding forstaff training and development. We are members ofcounty Dutham Boys and Girls Association which gives free or reduced activities throughout the year including residenlials, surfing, sailing and apple store leaming sessions. This ensures a diverse programme for our rnembers. Membership with NE Youth also gives opportunity for youth activities. staff development, funding opportunity, supporl and advi￿. We have links with Durham University who support us with volunteers and opportuniti&s to use their resources including their sports complex and theatre. We Work in partnership regularly with the local community association, residents, association and other local groups and organisalions to support community cohesion and positive disabilrty awareness. CHEESY WAFFLES F.C. The TTUStees are very grateful lo the independent Cheesy Waffles Football Club for raising awareness of the CWP CIO charity and the actiwties the Project offers to its members, also for the generous donalions as a result of the Football Club's fundraising. KEY SOURCES OF INCOME Our activities ar8 SUPPOrted by grants. donations and our own fundraising efforts, we continuously fundraise to ensure that our Charity can continue to develop. promote disability acceptance and deliver positive aclivities for our members. Grants We seek grants to support with both running costs and to enhance opportunity for members for resources, excursions and residentials. Main grants have included from County Durham Community Foundation, Durham County Council SEND. National Lottery Community Fund, Durham Area Action Partnership and The Ballinger Trust. Regular Fundgrs We are supported by many local organisations armj some local businesses which assists with excursions, resources, room hire for events and printing. These include HMH Civils. MGL DeTnolilion, Prison Officers Charity, Shakespeare Temperance Trusl and Durham Rotary Club. Fundraising We hold regular fundraising events throughout the year and have cx)mmunty support from local pubs and clubs as well as from members. families arKJ friends who hold acknmties to raise fvnds. PUBLIC BENEFIT Tha Trustees have had due regard to guidance published by the Charity Commission on Public Benefit. We are a non-profitable Charity delivering a full active programme to our members including school holidays and weekends, to suit different ages and interests. Working with the lo¢al community W8 encourage members to engage in community work. this is supported through our volunteer projects and our Members Ambassadors programmes. This provides members with the opportunity to sh(M others what they can achieve, how they can make a change and be part of making an inclusive and accepting place ID live, learn and socialise. We hold regular events including family days. music perfomances, coffée mornings, Gommunity cafes, fairs and fun days. community coach trips and intergeneralional activities. These are all planned and delivered by our members wth support from our staff and volunteer team. We work regularly with Belmont Community Association. Carville Residents Association and other local youth groups to provide additional opportunities for our mernbers and lo support with community development and cohesion. Celebrating Success We showcase what we do by means of our public Facebook page and website. We also hold regular events to celebrate the success of our members. staff and volunteers. This can be anything from parents being invited to a session or lo a whole Charity ceremony wth over three hundred guests. EQUALITY DIVERSITY INCLUSION The Cheesy Waffles Charity is committed to treating all people equally and with respect irrespèctive of their age, disability, gender reassignment. marriag9 Qr ciMI partnership. pregnancy or maternty. race, religion or belief. sex. or sexual orientstion. Over the years the Charity has seen rnany changes in inclusion and acceptancE and we are proud to have been part of making these chang8s in attitude and language espgrially in our Tegional area by working with local Councillors and other organisations. Our Clubs and activities are held in venues Ihat are accessible to wheelchair users and people with mobility diffi'culties. When organising outings for our members. we ensure that there is sufficient supporl to mèet everyone's individual needs so that they can engage in all activities. SAFEGUARDING The Cheesy Waffles Charity is dedicated to safeguarding children and vulnerable adults and will ensure everyone understands their roles and responsibilities in respect of safeguarding and is provided with the appropriate training to recognise. identify and respond to signs of abuse, neglect and other safeguarding concerns relating to children and vulnerable adults. Our Safeguarding for Children and Vulnerable Adults and Staff and Volunteers policy is reviewed annually. The policy applies to all staff including managers, the board ofTrustées, paid staff, volunteers or anyone working on behaff of The Cheesy Waffles Charity {ClOI. The Charity has a named Designated Safeguarding Lead (DSL) who is responsible ft)r dealing with any concerns regarding the safeguarding of children and young people. RISK MANAGEMENT The Trustees and Management Committee have conducted a review of the risks lo the Charity and a Risk Register has been established and is reviewed al least annually. Where appropriate, systems, procedures and internal controls have been established to mitigale the risks. Procedures are in place to ensure compliance with health and safety regulations and a small internal team made up of Truslees and the Manager of the Charity conduct an annual Health and Safely audit in compliance with th8 Charity's Health and Safety ￿liCY. DATA PROTECTION RIGHTS The Charity may need to collect and utilise specific infomiation on individuals which includes members, parenlslcarers, staff, volunteers. Trustees and any other persons the Charity has a relationship with or may n8ed to contact. Our Data Protection policy is based on the six principlès of the Dats Protection Act {DPAI in which that personal data shall be processed lawfully. fairly and in a transparent Manner, collected for specified, explicit and legitimate purposes, adequate, relevant and limited to whal is necessary in relation to th8 purposes for which it is processed. accurate and kept up to date. kept in a form which pemiits identification of data subjects for no longer than is necessary and processed in a manner that ensures appropriate security of Ihe personal dats, including protection against unaulhorised or unlawAul processing and against aGGidenlal loss or damage. CWP CIO POLICIES AND PROCEDURES We aim lo ensure that all aspects of the Charity are relevanvappropriate for evéryonè and that ultimately all members and staff are always kept safe. We Gurrently have the following policies and procedures in place that allow us to achieve this: Administering medication and managing dietary needs, Anti Bultying, Managing Challenging BehavioLSr, Complaints, Data Protection. Disciplinary PrO￿d￿re, Esafety, Equal Opportunities, Environmental, Health and Safety, Identified Concem. procedure to respond to Disclosure and Alleged Abuse, Lone Worker, SEND Policy, Transport, Whistleblowing. Trustee Rècnjitment Policy, Alcohol and Drug, Food Hygiene, Moving and Handling. Prevent Duly and Accident & Incident Procedure and Safeguarding, Conflict of Interest, Financial Reserves. Intemal Financial Controls. Serious Incident Reporting. Social Media. All policies are reviewed by the Trustees on a wular basis. UPDATE ON PLANS FOR 2024 We have had a successful year delivering community engagement projecls with positive events and activities enGouraging community cohesion and social inclusion. showing what we do and encouraging relationships with local people and organisations. We launched our Mini Bus Fund this year and look forward to purchasing a new vehicle later this year to provide opportunity for developing offsite learning and lif8 skills. Funding this year has supported with the development of our provision for children lowering our membership age to six and delivering a new w8ekly performing arts dub. Volunteer opportunity and communty links have strengthened during the year and we now have a new venue from which we deliver our daytime adutt provision The Wider World Project and Cheesy Waffles holiday activities. FUTURE PLANS FOR 2025 Wè will continue lo develop our Volunteer Programme and give more opporturiity for adult members to engage in a fulfilling and rewarding placement. Training and development of staff and volunteers and prowding opportunity for student placements will lake place as wall as a new apprenticeship in Youth Work. Community development will remain a priority supporting community cohesion and disability acc8plance. Continuin9 With our own fundraising activity with a focus on the purchase of a mini bus for the Charity but also extending the use of the Skills House and purchasing reSoUr￿S that support sensory needs and development. RESERVES POLICY At the end of this reporting period the Charity holds £132,256 in its bank account. The Trustees have considered the level of unrestricted reserves which is appropriate to carry forward and have delem)ined that three months of Tunning costs is an appropriate level to allow the Charity to continue to operate with confidence. CHEESY WAFFLES PROJEcr cio REPORTOFTHE TRUSTELS FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGF.MENT REFERENCE AND ADMINISTRATIVE DETAIiS Registered Charity number 1177618 PrincipAI Address Belmont Coffltnunity A&sociation Belmont Durham DHI 2LL Trustees A HuitsL)n (Chair) L A Pennington (Tr¢asurer) S J Fillnigan (Secretary) S Ouilaw (resigned 0310312025) E L¢ak¢ P Thompson (wef1110912024) L Carre (wef11109/2024) Independent Examiner David Holloway FCA DChA RMT Ribchesters Accountant5 and Business Advi50r5 Finchalc Ilousc Belmont Business Park Durha DHI ITW Approvd by order of the iKTrard of Tn￿1¢¢$ on 2 July 2025 and signed on its behalf by: u/• L. A. Pennington - Trust¢¢ INDEPEf4DENT EXAMINER'S REPORT TO TRE TRUSTELS OF CHEESY IVAFFLES PROJEcr cio Itmlependenl examlMr'$ to the trustses ofchew Waffles Project ao I report to Ihe charily Irusleeson my exatNirAiion of the aLxounts of Cheesy Waftles Projttt CIO (the TnJM} for the y¢aT etthd 31 March 2025. Rfysponslbllltles and b￿lS of report As ihe chait¢y ttustees of the Trust you are reS￿rlS1bIt for tl* PreW&tM￿ of ts Kcounts in accordance with the requirenKnls of the Charilies A¢1 2011 rthe Aei). I rep)Il in respect of my exaMi￿110n of the Tn￿.$ accounts carrted oyt Secii(* 145 of Ad i￿1 in carrying my examirtat￿n I have followEd All applicable Direciionswven by the Qarity Commission under Secrti>n 14515Xb) of Ihe Aci. lThlepettdent ￿s￿iner'S ststemEnt Since your eh8ritls Eross income exceeded £250.(KN) your ex&rnlr￿ rnu￿ Ix a of a lisidl body. I can confmn that l am qualified to undertake Ihe txkminlliion because l am a rnember of tl* ]tstits]te of Chartered Aceountsnts in England and Wales, which is of the li51¢d ￿dI¢s. I hJv¢ ¢onyleted my examination. l Lx>nfTh thai rK) material maiters have ¢x>Jrt to myatienlion in e•Dneciion wilh Il exaniination giving me to believe that in any marerial rLs]Kct-. accoun¢in8 ￿cordS wYr¢ wt kepl in iespeci of t￿Trust as reqyireAJ tys￿ ¢Kx) 130of ttr kn: the accourts do not acLry)rd with itw records: or Ihe accourts do not comply with Ihe applicable requirernents conceming form aTrl content of &c￿UnIS sel Out in Ihe Clkariiits {Accounts Re￿}rts) Re8uiations 2008 oiher thanany r*wtrenxni ihal the 8ccounls give (tue and falr view which is rni a Ma1￿cO￿ll￿d ss pan of an iTrJep)th eumitwioll. I have no cOn￿rn$ and have come across th) other maiter5 in corffle¢uon with Ihe eX￿lInation to wh*h aikthitirt should be drawn in this rew>Tt in oidtt ￿ enable a prDFeE undeNwKlirbg of the rtsc vid Holloway (FCA DChA) Rmf RilKhe5ters Accounithnls and Business Advisors ￿1￿ha1¢ House Belmont BusiKss Park Durham DHI ITW Dale: .... Page 14 CHEKSY WAFFLFS PROJE￿ CJO ATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2ff25 Total furMIs 2024 Total Is fu INCO,ME AND ENDOWMEI*TS FROM Donations and le8acie5 144,499 165.124 309.623 256.570 Oiher trading activiiies Inveslmeni imme 4.246 123 17,208 22 101 148,767 313.Y92 EXPENDITURE ON Ch•ritable Aetlvltles Young ￿PIe & adults. ed￿111￿￿ SUPFKrt atsj leisur¢ 132.389 159.3r 291.761 218.934 NET INCOME Trangfers between fvnds 16.378 5,853 16.643 22.231 54,869 Ne¢ MK)vement in funds (265) 22,4 22.231 54.869 RECONCILIATION OF FUNDS Totol (unds broughi forward 169.089 44.838 213.927 159.058 TOTAL FUNDS CARRIED FORWARD 168,824 67.334 236.158 213.927 The notes form w oftkn finèKial ststhEnis Page 15 CHELSY WAFFLES PROJEcr cio BALANCE SHEEr 31 MARCH 201% 2025 T￿11 tuJMJs 2024 Totol Unrestricted Re#rKted futk fvnds Noies FIXED ASSETS Tangible asseis 81202 822ir 85J53 CURRENf A&SETS Debiors Cash ai bank artd in ha]Ml 24,876 65.153 24.876 132.487 1.797 129.540 67.3J4 ,029 67,3M 157,363 131 J37 CREDITORS Afflouols falling due within one year 10 (3,41y7) (3,407) (19)3) Nrr CURREEYT A&8ETS 86.622 67.3N 153,956 128.344 TOTAL ASSETS LESS CURRF LIABILITILS 168.824 67,351 236,158 213.927 NET AssErs 168.824 67.3M 236.158 213.927 Unresiricied fui Ruiricted funds 168A24 67.334 169,IA9 TOTAL FUNDS 236.158 213.927 Tr rinancial statemerts were approbrd by the Board of TnLStee5 and auIbx￿d for issue on 2 July 2025 itsj Ntre Signed on its behalf by: L A PenAiD8ton- Trus¢¢e ￿>￿5 form parl Of Ihese fiTra#ciil stalemrots Pknge 16 CHEESY YiAFFLES PROJECT cio NOTES TO THE FJNANCIAI.STA TKMEFIIS FOR THE YEAR EP4DED 31 MARCH202S AccouTrrriNG POLICILS Basts of pre￿rIllg the flnaKial ststements The fina￿la1 siaiemenis of the chariLy. which is a public t¢n¢fLt FRS 102. have been prepared in accordance with the Charities SORP (FRS 1021 'AccowrtiA8 arl Rep)rtios by Charities.. St8tett*nt of RKommended Pr8Cttce applI￿ble io ¢hgrities preparing their acwuffits in accordance with the FinaKial Reporting sta￿lard applicable in the UK and Republic of Jrel&tyJ (FRS 102) (elfecuv¢ I lanuary 2019).. FinatLCi81 Rel￿rting sta￿lard 102 Tr FinaKial Reporting 5thrnlard applsLxble in the UK Republic of Irdand, athl the Charili&% Aci 2011. Tr finttrtial statements halt Frten pryared uTrJer the hisiorical wst conv¢ntion. Income All incorne is recognised in Ihe S￿lement of FinarKial Aciiviiies chariiy has eniillement to the funds. it is probible that the income will k receivtd ttrxl the artmwni be mtssuted reliably. twcles For legaci¢5. eniidemenl is taken a5 the earlier of the date on which either.. the chbTiLy is awdre thai probaie ha5 been graNed. the esiale has trttn finalised al￿ Thjtifution has beeu to the ex￿ul0rf51 to the Tiusi Ih&i distribution will be made. or when a disiribuiion is received from the Vlhere legacies have be¢n noiified to ihe charity. ar the cliariiy is aware of the grdnlLIIB P[oba￿. criieria foi in¢l)￿R rttogniiiofft have been met. Ihen the legacy is Ireated L% a coniingeni assel aTh] disclosed vthere nmtetial. Should the chariiy be noiifKd of a legacy subsequent to the aC￿)￿En$ refere￿¢ da￿ but before Ihe date of approval of Ihe a¢eounts aNi evidence exI￿s which 5U8Ktsts ¢ht the eX￿u￿)rS of lh¢ tsiate agreed Ihe disiribu¢ion prior io th¢ etKI of the rewrting ￿lod rec¢ipl of the le8acy is dttnhed io ix probable ihen thai receipl will ￿ reco￿15￿ &% income in thal &¢ounting peri(xl. Grgnts Grants of a ievenuc nalure ar¢ ttediied io irairne in ihe ￿rIOd to whKh they rtlate. EXpe￿lI￿re Liabilities are T￿08￿1$ed As expendiwre as soon a5 there is 8 le8al or constNciive obligation commillin8 Ihe chariiy lo thai exp¢sKlilure. li is prthable thji u trnnsfet of ecowmK lthefiis will be reJke of Ediftburgh's Award SCI￿1)e Gaifjeld Weston (UK Youth) The Chariii¢5 Aid F¥)undoiion The Co-op FuTrl The N¢ighb¢)urly SaIns￿rys Grant Ballinger Trusi Eaura Moorhou5e M￿TllonS FoU[￿ation Shakespeare TeMpera￿eT[uSt CIO Poveny Hurts HMP Service HMH Civils DuTh¢im Fiinge Fe51ival Enihu8e Happy Charity Huys Travel Belffjoni Grange NE Youih Dvrham Rotary Club Oih¢r grants 31 J77 8.688 6.881 67.756 47366 3.181 66,728 1.027 728 1,500 10.(xx) 500 650 1500 2.326 30.(M15 681 1.103 680 228 150 ,381 72Q 168.020 167. Page 18 continiied... CHEL8Y WAFFLLS PROJEcr cio NOTES TO THE FINANCIAL STATEMEPITS- eontinued FOR THE YEAR ENDED 3J MARCK21125 OTHER TRADING AcfJviTI&S 20 2024 Fundraising 4.246 17208 INVESTMEfn INCOME 2025 2024 Inter&%t received 123 25 TRU￿BE$' REMUNERATION AND BENEFITS There were Tb) Irusttts, rernuDcration or other l*nefits for the yegr erAed 31 March 2025 fot the year ¢Thlal 31 MArch 2024. Trustee8' ¢xpeiises There wrr¢ no 31 March 2LTr24. Irustees. eX￿nSeS patil year eTrJed 31 M#reh2025 wr fl¥ the yeat ended srAFF COSTS The average monlhly numbcr of employees during Ihe Itar wa5 &s follows: 2025 12 2￿24 12 Staff No employee5 received eA￿l￿ments in excess of £60.(￿. COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿1VITI Unre5tri¢ted Restrictrl fullds Total furtsts INCOME AND ENDOWMENTS FROM rx)nlltions legacies 84,016 172554 256570 Other irading activit*s Invesimeni iKome 7.495 23 9.713 17,208 25 Tot41 91.SM 273.803 EXPENDJTURE ON Chai.liable ¥¢tlvllle5 Young people & adults. educaiion. supimwt atxl Itsisure 64.1)79 154,855 218,934 NET INCOME 27.455 27.414 54.869 RECONCILIATION OF FUNDS Total funds bioughl ft>rwdid 141.634 17.424 159.058 TOTAL FUNDS CARRIED FORWARD 169,089 44,838 213.927 Page 19 continLK(L.. CHEESY WAFFLES PROJEcr cio N(YrKs TO THE FINANCIAL STATEMETrtrs. contillu¢d FOR THE YEAR ENDED 31 MARCH TANGIBLE FIXED A&SETS Piallt arKI M(rtor Compuier equipr proFr(y Totals COST At l AprS12024 Addition5 75974 lJ24 l.X)9 94.158 Ai 31 March 2025 2,833 DEPRECIATION Ai l April 2024 Charge foryear 3,921 498 332 3.993 2,201 163 637 8.575 4.6 31 March 2025 6.194 13.265 NET BOOK VALUE At 31 Marth 2025 70533 830 82202 Al 31 March 2024 72.053 1.162 IIW7 85J83 DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtors Prepayments 21.605 3,271 1.797 1,797 Ith CREDITORS: Amouiifs FALLING DUE WITHIN ONE YEAR 2025 2024 Other credi 2,993 PaJ¢ 20 continued.. CHELSY WAFFLES PROJECT CIO NOTLS TO THE FINANCIAL STATEMENTS. conthiu¢d FOR THE YEAR ENDED 31 MARCH 2025 li. MOVEMENf IN FUNDS Trnnslers FKlwten ful )vemenl in funds Al 31.3.25 At 1.4.24 Unreslrieted fun(Is Genw£l furMI Wid¢r WorldProie Skills House Garf￿]d Weston (UK Youth) Clxesy Waffles FC 75.143 141.859) 70J24 15.4171 .5￿) 830 68.274 10,582 81.569 7.5(Kl (59.7421 9.862 77,124 15.(KK) 1.822 1.1531 169,089 16,378 116,6431 168.824 Restrieled The Naiional Lottery Comtnullily Fur*J County Durhfym CotDtnuniiy Founda¢K)n B¢lteve Housing Tk DukeUfEdinburgh's Aw￿d Schen Kicksiart The c.o-op Fund The Neigtlbourly SaiD5bwys Grant Minibus Ballinger Trusl Morrisons Found41i¢ I￿Th&M HMP Serviee HMH Civils 30.084 113.563) 19,196 16,521 23,262 685 1.410 (685) 11,410) si 1150)) 10 S(M) i J 443 16.643 17,187 250 (250) 2,298 25 23(Xl 44,838 5.853 67 16.643 ￿34 TOTAL FUNDS 213.927 21231 236,158 Pagt21 nlinued... CHELSY WAFFLLS PROJECT CIO NOTFS TO THE FINAF*CIAL sfATEMENIS. contlTru¢d FOR THE YEAR F.NDED 31 MARCH ii. MOVEMENT IN FIJC4DS- ¢onlI￿lled Nei in (und8. itKluded in the ilM)ve are Rs follows". Ra$￿￿e$ M0￿Ment ex in f￿ndS Uiirestricted tuNIs General fund Widei World Projeet Skills Htsuse G&rfLeld W&sion (UK Youth) ctK¢5y Waffles If {1085431 (10.9Tdl 15A181 17,51X)I (41.8591 70J24 15,417) {7,51K)) 830 81,252 830 148.767 (132J89) 1fi378 Re5¢rided hnds The N&lional Loiiery Community Futxl KeyfuNI County Durham Community Fou￿￿ttOn Believe Housing The I￿ke ofEdInt￿S￿,s Award sc￿￿￿ Kickstari C(￿p Fund NeightM)Utly Saiusknwy5 Grani Minibus Ballinger Tn Morrisons r'ouTulation Durham HMPServtL Rotsryclub ofDurham HMH Civi15 Duiham Fringe Fesiival Happy Days Charity Belnioni Grange NE Youih 67.756 6181 40,264 (81.319) (6J81) (211￿) {434) (683) 11.410) 113.5631 19.196 66 16851 (1,4101 51K) (iJix>i 101 101 iom) {iO.¢J)Dl 12501 11.428) IlJ81) (27.505) {681) {680) 11.Iw} 1250) 2326 l J81 30XK)5 2.5 150 159.372) 5.853 TOTAL FUNDS 313J92 291.761) 22.231 Page 22 conlinued... CHEESY WAFFLKS PROJECT CK) NOTES TO THE FINANCIAL STATEMENtS. FOR THE YEAR ENDED 31 MARCH 2025 ii. MOVEMENf IN FUNDS * Comparntlves for mov¢Jnenl in Thjnds movemeni in furNJs Al 31.3.24 A( 1.4.23 Unrestricted funds General fll￿1 Skills House Garfield Weston (UK Youihl Cheesy Waffl¢s FC 49.974 81.654 10.(K 25,169 145301 75,143 77,124 15.0(X) 1.822 1.816 141fj34 27.455 169,089 Ke5trltted funds Tr NatKonal Lottery Community Fund County Durhtthi Communiiy FwtKlJtioth The Duke Of Edinbjrgh's Award Schem2 Kick5ran Tke Charit1¢5 Aid FouTrJ8tioft The Neighbowly Satnsbws Grani Minibus Ballinger T￿￿1 Morrisons Foundaiion Durham HMP Service 4.641 25.443 17.0501 685 1.410 (1.6671 1S(K> 443 30,084 4,0&5 685 1.410 Ih67 443 5.0(A) 250 250 1.4 17.424 27.414 44,838 TOTAL FUNDS 159058 54,869 213.927 Page 23 continued... CHEESY WAFFLES PROJECT CIO NOTES TO THE FINANCIAL STATEMENTS. Contiwtd FOR THE YEAR ENDED 31 MARCU Y125 MOVEMENT IN FUNiKS- continued Comparative nei mvemem in fu￿ts. itKluded tn the abive are as folb Res￿ArCe$ eX￿￿led Movement Unrestrlcted tunds General fund Skills House Gthrfleld We510n {UK Youth) Cheesy Wiffles FC 67.784 319 (42.615) 14.849) 115.(KK)) 1.615 25.169 14.5301 3.431 .816 91534 (64.0791 27.455 Restrkted fwids The Natiopal Lotlery Community K¢yfiLnd County Durham Communiiy Found4tio The Duke OfEdinbiir8h's Awatd Sckme Kicksiart The Charities Aid FoutyJaiK)n The Co-op Fund The NeighlM)urly Saitjsburys Grani Minibus BalliD8er Tru51 Laura MoorhoL￿e Morrisons Foundatio Shokespwe TnL5t M Flower Black ny)on Diirham HMP Service Rotary Club of Durham Workwear Express Poverty HUTIS Fu￿j HMH Civils 66,728 3,181 47914 11127 61113 {41285) {3.181) (54,964) (342) I4￿3) 11.667) 12.154) 25.443 17,lJ501 685 1,410 11.6671 2.154 i J(K) 1033 20INXI 5(NJ 650 Is￿) (15.(KXJ) 15(X)} 14Th)} 11 J(K)I (IJ￿) 12,LXKI) {8QXII (869) I2.￿￿1) (21,5(Xl) 443 250 21 182269 154.855 TOTAL FUL¥DS 273￿3 18934) 54.869 eunlinucd... CHEESY WAFFLES PROJECT CIO NOTES TO THE FINANCIAL STATEMEYI rs. coitiw FOR THE YEAR ENDED 31 hlARCH X125 ii. MOVEMEwf IN Fuf4DS. o￿tin￿l A ¢urrent year 12 n￿nthS aNI Frior year 12 nK)nths LM)mbiml p)sIlv￿ isas bllows.. Net TraL%fers At 31.3.25 At l A.23 ID flltKIs fyrth Uthreslrfcted fw)ds General lut W¥Jer World Pmjeci Skdls House Garr￿Id Weston (UK Youih) Cheesy Waffles FC 49.974 {1&69)1 7Q324 19,947) (2,5￿￿) 68.274 IOJ82 81569 7JOO 899 159.7421 9.862 81,654 10. 1.753) 141.634 43833 {16N3) 168.824 R¢5tJlded fiuxb The N8t10￿1 [￿llery Community FuThJ Counly Durham Community Fwndtttion Believe Housing The Chariiies Aid FfjuThlaiion The Cwp FuThJ Minibus BallingerTrwst L>]rham HMP ServK¥ HMH Civiis 4.641 I IB&) 11146 16,521 23.262 66 1.667 {1.6671 51X) 544 16N3 17.187 5.0(KJ 2,298 25(XJ 17.424 33267 16.643 67J34 TOTAL TriINDS 159.058 77.1( 23&158 Page 25 continued... CHEESY WAFFL￿3 PROJEcr cio NOITS TO THE FINANCIAL STATEMENTS. c4lltloued FOR THE YEAR ENDED 31 MARCH 2025 11. MOVEMENT IN FUNDS. CO￿tInued A currenl year 12 M￿th5 athl wior year 12 n￿nthS cOmbi￿d infuThl& included in ike atove are as follow5= Ir£omi ReK>utccs Movement expended fuods Unt*Sirid¢d funds fjenerkl fu￿] Wider World Project Skills House Garfield Wesion (UK Youth) Cire5y Waffles FC 134.468 81252 320 201KY) (151,1581 {10.928) {10,2671 {22,5￿) 1,615) 116,&X)I 70,324 19.9471 {2S(X)) 240JOI (19Q468) 43.833 RestrKted 1.he National Lottery Cornunity FuTrJ K¢yfund Couftty Diirhllm Community FouTrJation Belie￿ Housin8 The Duke OfEdinburgh's Awanl Sthn Ki¢kstart The Charities Aid Fow￿110 The Co-op Fund The Neighb)utly Sainsburys Grpnt Minibus Ballinger Trust Laiira Moorhouse Morristsns Foundai¥)ll Shoke$peott TnL%t M Flower Bltck TJ DurharL HMP Service Rotary Club of Durham Workwear Express Poverty Hutts Fuftd HMH CiviPs Di¥hani Fringe Fesli￿1 Happy Days Charily Belnymt Grange NE Youih 134.484 IOJ62 88.178 5( lJ27 61113 (122.604) (10,¢kn2) (76,032) {434) (1.027) (6.013} 11.6671 IL154) 14Jtxi) {5KJ) (25JXX)} (500) (050} 11.5(N)) I1.5￿) 13.428) 11.880 12.146 (1,667) 5(K> 54 43(XJ 1.134 301￿? 544 650 5,726 1181 169 2.298 12.(JXI) (49.(￿) {681) {680) (I.(JKJ) (150) 51,505 2JOO 150 347A94 314.227) 33,267 TOTAL FUNDS 587,795 510695) 77.1 11 RELATED PARTY DJSCLOSURES There no related pariy troT￿lionS (OF the ywe￿Ie1 31 March 2Q5. Page 26 CHELSY WAFFLLS PROJECT CIO DETAILED STATEMEfff OF FINANC]ALACTIYITIE5 FOR THE YEAR ENDED 3] MARCII 2025 2025 2024 INCOME AND ENDOWMENTS Donatio￿5 and legacies IkntthiK)ns Members su Grant5 Wider World Proiert income 14J69 52,921 168,020 74,313 50,338 38.332 167. 309.623 256.570 Other trading a¢tivltlÈs Fu￿draISlftg 4.246 17,208 Investmettt Income Itttetesi received 123 25 Tothl In¢omim8 resourees 313.992 273,803 EXPENDITURF, c￿rItI1b1e *etlvl¢ks Wages Social security Pensions CWP aclLVllits Skills hous¢ a¢tivili