## **Westwood 2015 Annual Report**
Westwood was established in 2015 and registered as a charity in 2018.
Through our various activities we seek to promote social inclusion in our local community and other communities of interest or circumstance by developing inclusive projects and providing something for all.
Our most recent annual income was for the year ending 31[st] March 2024 was £63,654
We are Volunteer-led and make volunteer opportunities available.
We have 3 Trustees:
- **Norman Perrin** was founder and former CEO of Paces Sheffield a charity for children and adults with cerebral palsy and their families.
- **Neil Morris** was a former director of Westwood Training, a former social enterprise and Registered Training Provider with the Department for Education & Skills.
- **David Fairbanks** currently manages IT Support, based at the Campus.
During the last 12 months our work focus themes have been attempting to reduce social isolation for individuals and anti-poverty working with socially and economically disadvantaged individuals and families.
During this period, we have engaged with just over 500 different beneficiaries, in activities ranging from family learning activities, creative craft sessions, heritage film shows, walk and talk historical events, cook and eat, both online and gathered.
In February and March of 2024, we launched our own new training programme to develop Community Activity Leaders, where we showed individuals how to plan, prepare and present a community activity or event.
In April we launched an exciting new initiative called “Stages and Ages”, an intergenerational playground, in which young children and their carers go into a residential care setting for seniors, the two client groups working and playing together, which breaks down barriers of social isolation and loneliness.
Another new venture, “Live Well, Stay Well”, was started. This is a creative well-being initiative for socially and economically isolated adults over 55 years of age in our locality, by running a series of fortnightly gathered free creative activity sessions.
Towards the end of the year, we were approached by a local volunteer who wished to set up a Bereavement Support Group which is now meeting weekly.
During the next 6 months we are looking at developing further initiatives including social enterprises and to continue to focus on working with older people, families and individuals, using creative activities, heritage and history; the outdoors and for well-being.
We have no full-time meeting or office space and use our valuable volunteers and specialist sessional facilitators to deliver any projects that we are able to source funding for. We hold a monthly team gathering of activity leaders.
Neil Morris Chair of Trustees December 2024
## **Westwood 2015 Limited**
**Charity No. 1179952**
**Company No. 09734470**
**Trustees' Report and Unaudited Accounts**
**31 March 2024**
**Westwood 2015 Limited Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report|2 to 3||
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Statement of Cash flows||8|
|Notes to the Accounts|9 to|14|
|Detailed Statement of Financial Activities|15 to|16|
Page 1
**Westwood 2015 Limited Trustees Annual Report**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 09734470**
## **Charity No. 1179952**
## **Registered Office**
The Campus Pack Horse Lane High Green Sheffield S35 3HY
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
D. Fairbank N. Morris N. Perrin
## **Accountants**
My Management Accountant 3M Buckley Innovation Centre Firth Street Huddersfield HD1 3BD
## **OBJECTIVES AND ACTIVITIES**
The charity's objective is stopping social exclusion, which we have defined as Stopping Social Segregation. We support both our Local Geopraphic Community and other communities of interest, or circumstance, by developing inclusive projects, and providing something for all in the Community Activities that we run and organise.
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. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
## Norman Perrin
Norman Perrin (Dec 6, 2024 15:07 GMT)
Page 2
**Westwood 2015 Limited Trustees Annual Report**
N. Perrin Trustee 28 October 2024
Page 3
**Westwood 2015 Limited Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Westwood 2015 Limited**
I report to the charity trustees on my examination of the financial statements of Westwood 2015 Limited for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity 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 financial statements as carried out under section 145 of the Charities Act 2011 ('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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Martin Bown ACMA My Management Accountant 3M Buckley Innovation Centre Firth Street Huddersfield
HD1 3BD 28 October 2024
Page 4
**Westwood 2015 Limited Statement of Financial Activities**
## **for the year ended 31 March 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Other
5
**Total**
**Expenditure on:**
Raising funds
6
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net income/(expenditure)**
9
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Restricted**
**funds**
**2024**
**£**
3,364
60,290|**Total funds**
**2024**
**£**
3,364
60,290|**Total funds**
**2023**
**£**
7,372
44,485|
|---|---|---|---|
||63,654
4,740
51,352
2,412|63,654
4,740
51,352
2,412|51,857
4,438
53,601
1,270|
||58,504
-|58,504
-|59,309
-|
||5,150
-|5,150
-|(7,452)
-|
||5,150|5,150|(7,452)|
||5,150
26,170|5,150
26,170|(7,452)
33,622|
||31,320|31,320|26,170|
Page 5
**Westwood 2015 Limited Summary Income and Expenditure Account**
## **for the year ended 31 March 2024**
|Income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income/(expenditure) before tax
for the year
**Net income /(expenditure )for the year**|**2024**
**£**
63,654
63,654
57,234
1,270
58,504
5,150
5,150|**2023**
**£**
51,857|
|---|---|---|
|||51,857|
|||58,039
1,270|
|||59,309|
|||(7,452)|
|||(7,452)|
Page 6
**Westwood 2015 Limited Balance Sheet**
## **at 31 March 2024**
|**Company No.**
**09734470**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
11
747
747
**Current assets**
Cash at bank and in hand
31,953
31,953
**Creditors:**Amount falling due within one year
12
(1,380)
**Net current assets**
30,573
**Total assets less current liabilities**
31,320
**Net assets excluding pension asset or liability**
31,320
**Total net assets**
31,320
**The funds of the charity**
**Restricted funds**
13
Restricted income funds
31,320
31,320
**Unrestricted funds**
13
**Reserves**
13
**Total funds**
31,320|**2023**
**£**
2,017|
|---|---|
||2,017
25,533|
||25,533
(1,380)|
||24,153
26,170|
||26,170|
||26,170|
||26,170|
||26,170|
||26,170|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.
Approved by the board on 28 October 2024
And signed on its behalf by:
## Norman Perrin
Norman Perrin (Dec 6, 2024 15:07 GMT)
N. Perrin Trustee
28 October 2024
Page 7
**Westwood 2015 Limited Statement of Cash flows for the year ended 31 March 2024**
|**Cash flows from operating activities**
**Net income/(expenditure) per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase/(decrease) in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2024**
**£**
5,150
1,270
(60,290)
-
(53,870)
60,290
60,290
-
6,420
25,533
31,953
31,953
31,953|**2023**
**£**
(7,452)
1,270
(44,485)
(70)|
|---|---|---|
|||(50,737)
44,485|
|||44,485|
||||
|||-|
||||
|||(6,252)|
|||31,785|
|||25,533|
||||
|||25,533|
||||
|||25,533|
Page 8
**Westwood 2015 Limited Notes to the Accounts**
## **for the year ended 31 March 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 9
**Westwood 2015 Limited Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Computer Equipment 33.33% straight line
## **Trade and other 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.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other 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 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
**Westwood 2015 Limited**
## **Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Other
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
5
**Other income**|**Restricted**
**£**
3,364
3,364
**Restricted**
**£**
60,290
60,290|**Restricted**
**funds**
**2023**
**£**
7,372
44,485
51,857
4,438
53,601
1,270
59,309
(7,452)
(7,452)
(7,452)
33,622
26,170
**Total**
**2024**
**£**
3,364
3,364
**Total**
**2024**
**£**
60,290
60,290|**Total funds**
**2023**
**£**
7,372
44,485|
||||51,857
4,438
53,601
1,270|
||||59,309|
||||(7,452)|
||||(7,452)|
||||(7,452)
33,622|
||||26,170|
||||**Total**
**2023**
**£**
7,372|
||||7,372|
||||**Total**
**2023**
**£**
44,485|
||||44,485|
Page 11
**Westwood 2015 Limited Notes to the Accounts**
## 6 **Expenditure on raising funds**
|_Fundraising trading costs_
7
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
_Governance costs_
8
**Other expenditure**
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
9
**Net income/(expenditure) before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Restricted**
**£**
4,740
4,740
**Restricted**
**£**
49,114
2,238
51,352
**Restricted**
**£**
1,270
242
900
2,412
**2024**
**£**
1,270|**Total**
**2024**
**£**
4,740
4,740
**Total**
**2024**
**£**
49,114
2,238
51,352
**Total**
**2024**
**£**
1,270
242
900
2,412|**Total**
**2023**
**£**
4,438|
|---|---|---|---|
||||4,438|
||||**Total**
**2023**
**£**
51,631
1,970|
||||53,601|
||||**Total**
**2023**
**£**
1,270
-
-|
||||1,270|
||||**2023**
**£**
1,270|
Page 12
**Westwood 2015 Limited Notes to the Accounts**
## 10 **Trustee remuneration and expenses**
One or more of the trustees has been paid expenses in the current or prior periods.
**2024 2023 Number Number** Number of trustees paid expenses 3 3 The nature of the reimbursed expenses The majority of the expenses during the year were paid for by the trustees personally which is the reason why the reimbursed expenses look disproportionate to overall costs. Controls within the charity mean all bank payments, including reimbursements, require two signatories. Since the year end the charity's bankers have issued a debit card which will mean expenses paid to Trustees will significantly reduce in future years.
|Total expenses reimbursed to trustees
11 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2023
At 31 March 2024
**Depreciation and**
**impairment**
At 1 April 2023
Depreciation charge for the
year
At 31 March 2024
**Net book values**
At 31 March 2024
At 31 March 2023
12 **Creditors:**
amounts falling due within one year
Trade creditors
Accruals|**£**
33,507
**2024**
**£**
60
1,320
1,380|**Computer**
**Equipment**
**£**
3,810
3,810
1,793
1,270
3,063
747
2,017|**£**
27,670
**Total**
**£**
3,810|
|---|---|---|---|
||||3,810|
||||1,793
1,270|
||||3,063|
||||747|
||||2,017|
||||**2023**
**£**
60
1,320|
||||1,380|
Page 13
**Westwood 2015 Limited Notes to the Accounts**
## 13 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
_Total_
**Unrestricted funds:**
**Total funds**
14 **Analysis of net assets between funds**
Fixed assets
Net current assets
15 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1 April**
**2023**
26,170
26,170
26,170|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
63,654
63,654
63,654
**At 1 April**
**2023**
**£**|**Resources**
**expended**
**£**
(58,504)
(58,504)
(58,504)
**Restricted**
**funds**
**£**
747
30,573
31,320
**Cash flows**
**£**|**At 31**
**March**
**2024**
**£**
31,320|
|---|---|---|---|---|
|||||31,320|
||||||
|||||31,320|
|||||**Total**
**£**
747
30,573|
|||||31,320|
|||||**At 31**
**March**
**2024**
**£**|
|||25,533|6,420|31,953|
|||25,533
25,533|6,420
6,420|31,953|
|||||31,953|
||||||
|16 **Related party disclosures**
_Name of related party_
Estone Associates
_Description of relationship_
_between the parties_
Consultancy firm run by one of the trustees
_Description of transaction_
_and general amounts_
_involved_
Purchase of office furniture of £835 (2023 -
£Nil)
**_Controlling party_**|||||
Page 14
**Westwood 2015 Limited Detailed Statement of Financial Activities**
## **for the year ended 31 March 2024**
|**Income and endowments from:**
Donations and legacies
Other
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
**Total of expenditure on raising**
**funds**
Charitable activities
Governance costs
**Total of expenditure on charitable**
**activities**
General administrative costs,
including depreciation and
amortisation
Depreciation of Computer
Equipment
Sundry expenses
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income/(expenditure)**|**Restricted**
**funds**
**2024**
**£**
3,364
3,364
60,290
60,290
63,654
4,740
4,740
4,740
49,114
49,114
2,238
2,238
51,352
1,270
242
1,512
900
900
2,412
58,504
-
5,150|**Total funds**
**2024**
**£**
3,364
3,364
60,290
60,290
63,654
4,740
4,740
4,740
49,114
49,114
2,238
2,238
51,352
1,270
242
1,512
900
900
2,412
58,504
-
5,150|**Total funds**
**2023**
**£**
7,372|
|---|---|---|---|
||||7,372|
||||44,485|
||||44,485|
||||51,857
4,438|
||||4,438|
||||4,438
51,631|
||||51,631|
||||1,970|
||||1,970|
||||53,601
1,270
-|
||||1,270|
||||-|
||||-|
|||||
||||1,270|
||||59,309
-|
||||(7,452)|
Page 15
**Westwood 2015 Limited Detailed Statement of Financial Activities**
|**Westwood 2015 Limited**
**Detailed Statement of Financial Activities**||||
|---|---|---|---|
|**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|5,150
-
5,150
26,170
31,320|5,150
-
5,150
26,170
31,320|(7,452)
-|
||||(7,452)|
||||33,622|
||||26,170|
Page 16
**Westwood 2015 Limited Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Westwood 2015 Limited**
I report to the charity trustees on my examination of the financial statements of Westwood 2015 Limited for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity 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 financial statements as carried out under section 145 of the Charities Act 2011 ('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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Martin Bown ACMA My Management Accountant 3M Buckley Innovation Centre Firth Street Huddersfield
HD1 3BD 28 October 2024
Page 0