Abbey People CIO Known as Abbey People (Registered charity no. 1180560) REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Report and Accounts D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO {Registered charity no. 1180560) REPORT AND FINANCIAL STATEMENTS For the year ended 31 Mah 2025 CONTENTS Page Reference and admlnlstratlve detalls Trustees. Report Independent examiner's report Statement of flnan¢lal o¢tlvltl¢8 8alance sheet Cash flow statement Not08 to the flnan¢l•l $tatomonts 10 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO REFERENCE AND ADMINISTRATIVE DETAILS For the year ended 31 March 202S Pos"0n Chair Elected EC 25103r2021 EC, FC 2510312021 Treasurer EC 2510312021 General Trustee EC. OC 2510312021 & chair Operab"on$ Committeè General Trustee 0510712019 1711012024 General Trustee 2510312021 & Safeguarding Officer General Trustee oc 25103r2021 1711012024 General Trustee oc 2510312021 1711012024 General Trustee EC.FC 2211112021 General Trustee 2910912022 General Trustee EC, OC 1611112023 General Trustee 1711012024 Resigned Trust$ James Pilgrim Peter Gotham Joanna Bromwch Lynsey Stafford Jo Brasher Sharon Secker Henry Kite Justine McLachlan Mike Kova¢s Abdul Hye Ross INine Faye mcDOrU9h Membership of executs've commrttee shown above "EC" Membership of operations committee Shown abov( "OC" Membership ol IllitieS MmIttee shI¥n above 'FC" Chlof Executlve Offlcer Nicky Shepard Charlty r•g. no. 1180560 Roglstered offic• The Hub. 15 8amwell Road, Cambridge C85 8RG Tolephon•llax 01223 211 94S Emall info abbe eo le.o Web-sitè Ind•p•ndont •xamln•r Paul Cowham Accountat Wiihington Works Vviihington Baths. 30 Burton Roa( M8nthesler. M20 3EB Prlmary bankers CAF Bank Limrted 25 'ngS Hill Avenue Kings Hill, West Malling. Kent ME19 4JQ D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO TRUSTEES, REPORT Forthe ear ended 31 March 2025 The Trustees submit their annual report and the financial ststements of Abbey People CIO for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and Rewrting by Chariti'es" IFRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance wlh the accounts'ng policies sel out in the notes to the financial statements and comply with the charity's goveming document, the Charities Act 2011 and Accounting and Reporbng 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 published in October 2019. Objects To promote for the benefit of the inhabitsnls of Abbey Ward in Cambridge the provision of facilities for reerealion or other leisure lime occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstsnces or for the public al large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. For the benefit of the inhabitants of Abbey Ward in Cambridge and surrounding areas in particular but not exclusively.. 1. The provision of facilities for recreation or other leisure lime occupabon of individuals who have need of such facilities by reason of their youth, age, infimity or disablement, financial hardship or social and economic cir¢umstsnces or for the publi¢ at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. 2. The prevention or relief of povety or fin8n¢ial hardship by." the provision of food, items, services and facilities lo individuals in financial need. Contributin9 to and co-operating wlh charities and other organisalions working lo prevent or relieve povety from wthin abbey and the surrounding areas. 3.To promote sustainable development for the benefit of the public by the preservation, Conservation and the protection of the environment and the prudent use of resources. To advance the education of the public in subjects relating lo sustainable development and the prote¢tson, enhan¢emenl and rehabilitstion of the environment. 4. To advance in life and help people through providing support and activities which develop their skills, capacities and capabilities lo enable them to thrive and reach their potential In life. Structure, governance and management Abbey People CIO was formed by a goveming document dated 10th May 2018 and was registered as a charity on 5th November 2018. As part of our strategic review of our aclivilies, the Trustees have reviewed our charitsble objects. The Tnjstees wanted to ensure the objects fully reflected the scope of work we do, as well as keep the charity In a strong position to support our cornmunity, especially as proposed changes to our area start to make an impact on local residents. New objects, setting out our four key work areas, and expanding our geographic reach were approved by an Extraordinary General Meeting on the 21$1 September 2023, and are now reflected in our constitution. The Trustees who served during the year and are serving currently are shown on page 1. New Trustees are recruited to support the objects of the Charity, by resoluts.on of the Trustees as laid down in the Constrtuts'on. The Board oversees the Charitys management and operation, with the Operations Committee having oversight of the delivery of our wide range of sUPPOrt to the local community. We are also fortunate in having a very engaged and dynamic staff team_ D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO TRUSTEES, REPORT Forthe ear ended 31 March 2025 Review of activities and achievements Over the past year, we have worked tirelessly across the organisalion, united by a shared goal.. lo make life in Abbey better for everyone who calls il home. From grassroots inib'abves to strategic pilot programmes, our work has reached deep into the heart ofthe community. We would like lo extend our heartfelt thanks lo all our donors, corporate supporters, grant funders, and haritable trusts. Your gener051ty and belpf in our mission have been vital to everything we've achieved this year. Whether through financial contributions, in-kind support, volunteer time. or strategic partnership, your commitment has helped us grow our impact and reach more people in Abbey. Together, we are building a stronger, more connected. and more hopeful community. Thank you ft)r being a part of this journey. This year pilot projects have laid the foundation for long-lenm, sustsinable ChangmpOwer1ng residents with new skills, increased confidence. and fresh opportunib"es. The Abbey Works Pilot Programme. funded by Public Health through Cambridge City Council, supported residents to tske steps towards employment. Meanwhile, the Parent Power Pilot, funded by the UK Shared Prosperity Fund Ivia Cambridge City Council) and Cambridge Ahead, and delivered in partnership with The Brilliant Club. helped parents and young people begin to explore pathways Into further and higher education. Through our Shaping Abb8y work. we continued to listen closely to local voices-ensuring our services reflect the needs, hopes, and aspiralions of the community. Thanks lo support from the UK Shared Prosperity Fundlvia Cambridge City Council), we also enhanced our Food Hub offer by developing a new membership model. This has improved access lo affordable, nutritious food in a way that is more Inclusive and sustainable. The Food Hub has remained open three limes a week and has served as a vital lifeline for many residents. In 202>2027, we will be working lo secure a permanent home for this vital service. Our environmental work continues to thrive. Projects like the 88mwell Verge Project, which saw the creation of a 250-melre garden. and our regular Climate Cafés. Repair Cafés, and green space programmes have brought people together lo care for our local environment This work has been made possible through the support of The National Lottery Climate Actson Fund, Cambridgeshire Fund for Nature, Hubbub, and the Cambridgeshire Priorib'es Capital Fund. We have continued to invest in young people and families, providing safe, supportwe spaces in which they can grow and thrive. Our partnership with Kings Hedges Family Support Project has now entered Ils third year, delivering meaningful support lo families across Abbey. Our youth work, delivered in collaboration with Cambridgo Acom Project, Christ the Redeemer Church. Romsey Mill, and Cambndge United Foundation, has made 8 strong and positive imp8Ct throughout the year. At the heart of our work is the belief that strong communities grow from welcoming, inclusive spaces where people can connect, share. and belong. Over the past year. we've continued to deliver vibrant community spaces at The Hub and East Bamwell Community Cenlrwlaces where friendships are formed, ideas are shared, and SUPFX)rt Is always close at hand. From our regular coffee mornings to larger gatherings like The Big Lunch, these spaces have hosted a wde range of events and activities that bring people together across generations and backgrounds Whether it's dropping in for a warm drink and a chat or joining a community celebration, these moments of connection help to reduce isolation and strengthen the fabric of community life in Abbey. In 2024-2025 alone, we recorded over 10,000 interactions with the local community, reaching more than 700 individuals. This work would not have been possible wthout the dedicabon of our volunteers, who contributed over 3,000 hours to strengthening and connecting our neighbourhood. D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO TRUSTEES, REPORT Forthe ear ended 31 March 2025 Our staff team has also been exceptionawheir passion and commitment shine through in everything they In June 2025, we launched our new five-year strategy, CB Thrive.. From Suryiving to Thriving, which will guide us through to 2030. Building on solid foundab"ons, the strategy sets out an ambib.ous vision for wellbeing, inclusivity. and opportunity across Abbey. By 2030, we aim lo see.. Thriving People.. Improved health and wellbeing, enhanced lrfe skills. and better access lo nutritious food and meaningful employment. Thriving Families and Young People.. Supporb've environments where children and families can grow and connect. Thriving Community.. MO event5. creative activitses. and welcoming spaces to gather and gel involved. Thriving Environment.. A greener, more $u$tsinable Abbey with improved green and blue spaces. Thriving Organisation.. A resilient. reflective charity built on strong partnerships and financial sustainability. We are especially proud to be working with Cambtye Cty Council and Cambridge Inv8slmenl Partnehip on the East Barnwell redevelopment. This major initiative will include a new community cenlre. library. preschool, green space, and more. We are excited to play a central role in shaping this projecl-and committed lo keeping the new community centre in community management for the long term. Partnership is a cornerstone of our new strategy. We know that meaningful change happens when communities, Charities, and businesses work together. That's why we're inviting local businesses lo become long-term partners-through donations, volunteering. joint campaigns, or other forms of support. Our new supporter packages are designed to make partnership bolh a¢¢essible and rewarding for businesses of all sizes. As we reflect on the year's achievements. we are proud of what we've accomplished-and even more excited about what lies ahead. D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO TRUSTEES, REPORT Forthe ear ended 31 March 2025 Financial review As noted above, we had two significant pilot projects, as well as the Shared Prosperity Fund projects which were time limited and not likely lo recur. Alongside this, there was a varied income supporting the delivery of our strategy. The accounts reflect the welcome increasing ongoing income and activity. We particularly welcome support from our corporate partners Railpen. Ninja Theory and Marshall Foundation, and thank the National Lottery, and more specifically National Lottery Players, for their support of our tsvo funded projects, Abbey Together and River Cam CAN. The Trustees review our reserves polw regulady, and as the chanty has grown, have reviewed lo ensure target reserves meet the need of the Charity now and in the future. In reaching our largel reserves amount of approximately £189.000, the Trustees have reviewed projected Ihree-monlh's turnover for the next year, as well as projected winding up costs. At 31 st March 2025 the "free reserves" were £151,19812024 £113,153). Our continued growth makes the target quite stretching. However we have had more fundraising SUCSS since the year-end, and can begin to look forward lo 202512026 and beyond with increasing confidence. Specifically, we'd like lo thank Cambridge City Council for their increased support of our hvo projects in 202412025, the Abbey Heath and Employment Fund and the Focus on Abbey project. The reserves at the year-end separate the designated Community Centre and fixed asset funds of £90,976 12024 £92,135) from the free reserves" Al the year*nd the charity also had forward funding balances in the restricted fund of £101,627 12024 £58.5711. In additson four unreslricled funders paid us some 2025126 funding in advance, which accounts for the income in advance in note 11. Statement of Trustees. ro8pon8lbllStlo8 Charity law applicable to charity'es in Englandlwales requires the Trustees to prepare financial ststemenls for each financial year which give a true and fair view of the stsle of affairs of the Charity and of the Surplus or deficit of the Charity for that period. In preparing those financial statements the Trustees have.. selected suitable a¢¢ounling policies and applied them Consislenlly, made judgements and estimates that are reasonable and prudent, staled whether applicable aeeounling standards have been followed. subject lo any material departures disclosed and explained in the financial stalemenls.. and prepared the financial statements on a going concem basis lunless it is inappropriate lo presume that the Chanty will continue in operalionl. The Trustees have overall responsibility for ensuring that Ihe Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper a¢¢ounling records which disclose with reasonable accuracy at any lime the financial posilion of the Charity and enable them to ensure that the financial statements comply wth the Charities Act 2011. They are also responsible for safeguarding the assets ol the Charity and hence for tsking reasonable steps for the detection and prevention of fraud and other irregularits'es. Indepondont gxaminer The Charity's independent examiner, Paul Cowham Accountancy, has indicated his willingness lo conb'nue in office and offers himself for re-appointment. This report was approved by the Trustees on 25 September 2025 and signed on their behalf by.. James Pilgrim Chair D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ABBEY PEOPLE CIO I report lo the charity trustees on my examinatson of the accounts of Abbey People CIO for the year ended 31 March 2025 which are set out on pages 7 to 16. This report is made Solely to the Trustees. as a body. in accordance with regulations made under section 154 of the Charities Act 2011 My work has en undertaken so that I might stsle lo the Trustees mallers I am required lo stsle to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Trustees for my independent examination work. for this report or for the statement I have given below. Responsibilities and basis of rgport As the eharty's Iruslees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.lhe Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act Independent examlner's statement The charity's gross income exceeded £250,CK(i and l am qualified to undertake the examination by being qualified member of the Institute of Chartered Accountants in England and Wales I have completed my examination. I confimi that no Matters have come to my attention in connection with the examination, other than as disclosed telow, giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as requi0 by section 130 of the A., or the accounts do not accord with those records., OT the accounts do not comply wlh the applicable requirements conceming the form and content of accounts set out in the Charities IAc¢ounls and Reports) Regulation5 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. However The charity'5 income exceeded £500,CH)O. so the charity is longer classed as a smaller charity, which means that on the SOFA, income and expenditure should be classified by activity. The charity has continued lo use the "natural" classif1calion of Income and expenditure, as explained ty paragraph 4.23 of the SORP, available for smaller charities. I have no con¢erns and have come across no olher matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 6op/Aa4 Paul Cowham Accountancy Wilhinglon Works Wilhinglon Baths 30 Burton Road Manchester, M20 3EB Dale.. 25 September 2025 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO STATEMENT OF FINANCIAL ACTIVITIES {Incorporatlng an Income and expenditure account Forthe year ended 31 March 2025 Unrestricted Restrieted Fund$ Funds 2025 2025 Total Funds 2025 Total Funds 2024 Notes INCOMING RESOURCES Donations Corporate Donations & sponsorship Gift Aid Trusts National Lottery Cambridge City Council Cambridgeshire County Council CPCA Fund for Nature Charitsble trading Interest Received TOTAL INCOMING RESOURCES 27.487 7.159 5,861 46.442 27.487 52.615 5,861 103.242 121,902 119.906 19,200 5.000 41.905 5.289 502,407 25,245 75,164 1,010 30,247 83, 725 25,000 45,456 56,800 121,902 119,906 19,200 5.000 41.905 5,289 134.143 39,172 3.813 283,376 368,264 RESOURCES EXPENDED Community facilities and acbvitses People costs Publi¢ity & fundraisnig Office costs Depreciation Other Overheads TOTAL RESOURCES EXPENOEO 4,681 378 268 73 1,115 26,790 33,30S 114,292 269,199 947 4,724 118,973 269.577 1,215 4,797 1,115 26,790 422,467 65.233 178,195 406 3,2T3 3,061 17,574 267, 742 389,162 Transfer between funds {63.952) 63,952 Net Incomellexpendlturel and net movomont in funds forthe yoor 36,886 43,OS4 79,940 15,634 RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 205,288 58,571 263,859 248,225 TOTAL FUNDS CARRIED FORWARD £ 242,174 £ 101,625 £ 343,799 £ 263,859 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO BALANCE SHEET As at 31 March 2025 Notes 2025 2024 FIXED ASSETS Tangible assets 2.272 CURRENT ASSETS Debtors Cash al bank and in hand 10 17.949 352.564 19,018 295,22T 370.513 314,245 CREDITORS: amounts falling due withln one year 11 127,827) (52, 658) NET CURRENT ASSETS 342,686 261,587 TOTAL NET ASSETS £ 343,799 £ 263,859 FUNDS Restrlctèd funds Unrestricted funds Designated funds General fund 12 101,625 58,577 12 12 90,976 151.198 92,135 113,153 £ 343,799 £ 263,859 The financial statements were approved by the Trustees on 25 September 2025 and signed on their behalf by'.- JAMES PILGRIM, Chair PETER GOTHAM. Secretsry D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO STATEMENT OF CASH FLOWS Forthe yearended 31 March 2025 2025 2024 Cash flow¥ from operating activitie$ 4 £ 50,554 £ 86,898 Cash flows from investing activities Dividends and interest Purchase of property, plant and equipment Sale of property. plant and equipment Purchase of investments Pro¢eed$ from the sale of investments 5,289 -1.506 3,000 3,813 -1,672 Net ¢a$h{used Inl I provlded by Inve$¢lng o¢tlvlll 6,783 2,141 Change In cash and cash equivalents in the reporting porlod £ 57,337 £ 89.039 C•$h •nd ¢a8h oqulvalonts al Ihe beglnnlng of th& roportlng perlod 295,227 206, 188 Cash and cash equlvalents at the end of the reportlng perlod 352,564 295,227 NOTES TO THE CASH FLOW STATEMENT RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net Income for the year Gain on fixed asset disposal Depreciation charges Increase in stock Decrease I lincreasel in debtors Increase I Idecreasel in creditors Interest and Dividends (Gains) I losses on investments 79.940 -1,450 1,115 15,634 3,061 1.069 -24.831 -5,289 25,143 46,873 -3,873 Nèt cash provided by operating aetivities ANALYSIS OF CASH AND CASH EQUIVALENTS 2025 2024 Cash al bank and in hand £ 352.564 £ 295,227 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 ACCOUNTING POLICIES Gengral infomiation and basis of prgparation of financial statements Abbey People CIO is a charitable incorporated associabon. established in the United Kingdom. The nature of the charity's operations and Pfincipal activities are described in the Trustees, report. The charity constitutes a public benefit entity as defined by the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The financial statements have been prepared in accordance with Accounting and Reporting by Charits"es.' Statement of Recommended Practice applicable to charits'es preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 published in October 2019 ISORP 20191, FRS 102, the Charities Act 2011, and UK Generally Accepted Pracb'ce as it applies from 1 January 2019. The financial statements are prepared on a going concem basis under the historical cost convention, modified lo include certain items al fair value. The significant accounting policies applied in the preparation of these financial slalemenls are sel out below. These policies have been consistently applied lo all years presented unless otherwise stated. Fund accountlng Unrestricted funds which have not been designated for other purposes are available for use al the discretion of the Iruslees in furtherance of the general obje¢b've$ of the Charity. Income recognltion All incoming resources are included in the Statement of Financial Actsvilies ISOFAI when the charity is legally entitled to the income after any perfomanc£ conditsons have been met. the amount can be measured reliably and it is probable that the income will be received. For donations lo be recognised the charity will have been notified of the amounts and the Settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtsined then income is deferred untsl those conditions are fully mel or the fulfilmenl of those conditions is within the control of the chanty and il Is probable that they will be fulfilled. Gift Aid receivable is included in income when there is a Val declaration from the donor. Any Gift Aid amount recovered on a donation 1$ considered to be part of that gift and is Irealed as an addition to the same fund as the inibal donation unless the donor or the temis of the appeal have specified olhetwise. No amount is included in the financial slalements for volunteer time in line with the SORP 2016. Further detail is given in the Trustees, Annual ReporL Exponditurè rècognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggrate all costs related lo the category. Expenditure is recognised where there is a legal or conslruclive obligation to make payments lo third parts, rt is probable that the sethement will be required and the amount of the obligation can be measured reliably. Tanglble flxed assets Tangible fixed assets are ststed at cost lor deemed costl or valuation less accumulated depreciation and accumulated impairment losses. Cost includes Costs direcuy attributable to making the asset capable of operating as intended. Tangible fixed assets costing more than £500 are capitalised. Depreciation is provided on all tangible fixed assets. at rates calculated to write off the cost. less estimated residual value, of each asset on a systematic basis over its expected useful life as follows.. Computers and IT - 3 years Office and Other Equipment- 3-5 years Vehicles - 4 years 10 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Investments Investments are recognised inrtially at fair value which ts norrnally the transalon pri¢e excluding transaction costs. Subsequenuy, they are measured at fair value wth changes recognised in 'net 98inslllossesl on investments, in the SOFA rf the shares are publicly traded or their fair value can otherwise be measured reliably. Debtors and credltots reeelvable /payable wlthln one year Debtors and creditors with no slated interest rate and receivable or payable within one year are recorded al transaction price. Any losses arising from impaimienl are recognised in expenditure. Golng concern The financial stslements have been prepared on a going concern basis. The trustees set a minimum reserves policy designed to ensure the charity can meet all oblvjalions as they fall due, and have sufficient lime lo respond to any reductions in income to allow costs lo be reduced and continue as going concern. Reserves remain above the minimum target level. Judggmgnt$ and key $ource$ of estlmatlon uncgrtainty The Trustees do not believe that any significant judgements or eslimales have been needed in compiling these financial statements CAMBRIDGE AUTHORITY GRANTS Unre8trlcted FuDds 2025 Restyleted Funds 2025 Total Funds 2025 Total Funds 2024 Cambridge City Council Community Fund Shared Prosperity Health Fund Cambridgeshire County Council CPCA Fund for Nature 26,299 26.299 33,607 33,607 60,000 60.000 19,200 19,200 5,000 5,000 NII £ 144,106 £ 144,106 £ 25,000 25, 000 NATIONAL LorrERY 2025 2024 Abbey Together Project with Kings Hedges Family Support Project. nel of element for KHFSP Climate Acb"on Fund - Cam CAN 74,976 46,926 59,258 24,467 Grant for Abbey People 121.902 £ 83, 725 We are recipients of funding from tsvo separate National Lottery Funds. The National Lottery Community Fund which funds the Abbey Together Project in partnership with Kings Hedges Family Support Project. We are the lead partner and disperse agreed funding lo Kings Hedges Family Support Project as per the grant agreement wth the National Lottery. The National Lottery Climate Action Fund is a partnership project lead by Cambridge Past Present and Fulure which funds our River Cam CAN project. D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 CHARITABLE TRADING INCOME 2025 2024 East Barnwell Community Centre room hire Merchandise Event Income Profil on sale of coffee truck Other 38,561 441 1.363 1,450 90 36,847 1, 032 1,233 note 9 60 41.905 £ 39,172 COMMUNITY FACILITY COSTS - excluding ovetheads & wage costs 2025 2024 Premises costs Events & activibes 26,092 92,881 24.082 41,151 {induding foodhubl 118.973 65,233 STAFF AND VOLUNTEERS 2025 2024 Wages and salanes Social security costs, net of employment allowance Pension costs Other employee and volunteer costs 244.422 767,650 15,494 9,453 5.110 3.579 4,551 3,457 269.577 £ 178, 139 The Charity operates a defined Contribution pension scheme in ¢omplian¢e with aultrenrolment obligations. The contributions lo this scheme recognised as an expense in the SOFA are the pension costs shown above. No employee received remuneration in excess of £60,000 Average numbers of full-lime equivalent staff employed during the year TRUSTEES. KEY MANAGEMENT PERSONNEL AND RELATED PARTIES The trustees have idents'fied Chief Executive Officer Nicky Shepard, and Office Manager Debbie Hardingham, as key management personnel. 2025 2024 Salaries Employerfs National Employerfs pension contn"bution 79,700 8.488 2,017 71,399 7,343 1,768 Benefits R1Ved by Key Management and Trustees 12 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 No Iruslees were remunerated by the chanty for their work. Reimbursed reasonable expenses incurred in Carrying out their duties for the Charity were as follows - travel costs.. Nil £ 732 Number of trustees with expenses reimbursed 3 trustees12024-61 made donations to the Charity There were no related party Iransactions in the year that required disclosure. OTHER COSTS 2025 2024 Bank Charges Computing & IT Insurance Professional SeNices Telephone Examiner fees Sundry costs 406 8.529 2,998 11.834 2,373 650 445 2,641 4,537 6.986 1,859 376 730 17.574 26.790 £ FIXED ASSETS 2025 2024 Hub refurb. Container, & general equipment Coffee Truck equipment Total Total Cost Al 1 April 2024 Additions Disposals Al 31 March 2025 15,645 820 6,200 7,279 686 29,124 1,506 6,200 24,430 27,452 1,672 6,200 16,465 7,965 29,124 Depreclatlon Al 1 April 2024 Charge for the year Wrile-back on disposal Al 31 March 2025 15.645 164 4,650 6.557 951 26.852 1,115 4.650 23.317 23,791 3,061 4.650 15.809 7.508 26,852 Net book value At 31 March 2024 Nil £ 1,550 £ Nil £ 722 £ 2,272 1,113 At 31 March 2025 656 £ 457 £ The coffee truck was sold for £3,000 in 2024125, a profil of £1,450 compared to the book value at 1 Apnl 2024. 13 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 10. DEBTORS Due within one year 2025 2024 Trade debtors Sundry prepayments and debtors Other debtors - Gift Aid claims receivable 13.929 930 3,090 17,949 £ 17,661 744 673 19,018 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 A¢¢ounls Payable Social Security liabilities Accruals Income in advance 1,369 2,840 5,048 4.442 650 376 20.760 45.000 27,827 £ 52, 658 12. STATEMENT OF FUNDS Brought Ineomlng Resource8 Forward Rosourco8 Expendèd Carrled FopHard Currenty•8r Transfors DESIGNATED FUNDS East Barnwell fund Fixed Assets Fund 89,863 89,863 2.272 2,665 1,506 1,113 92,135 £ Nil £ 2,665 1,506 £ 90,976 The charity received assets on the dissolution of the Ea51 Barnwell Community Centre. The final sum due was agreed in July 2023. These have been sel-aside lo further the provision of community centre facilities in the area. As lixed assets are not available lo lund ongoing aclNity a desgnated fund has been set-up. RESTRICTED FUNDS - by fundgr Cambridge City Council (note 21 Cambridgeshire County Council (note 21 CPFA Inole 21 National Lottery (note 3) Other grant and donation funding 119,906 {119,1471 759 19.200 5,000 121,902 119.21)01 13,8581 (114,8571 1,142 36,112 29.067 29.504 102.256 168.1481 63.612 58,571 £ 368,264 £ 325,210 Nil £ 101,625 14 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 RESTRICTED FUNDS - by activty Sustsinable environment Food Hub Family and youth Community Cohesion 19.960 3,756 17,607 17,248 74.126 63,363 117,475 113,300 185,2841 176,1191 192,5331 {135,2261 6.167 44,015 8,092 6,678 14,969 35,015 50,641 1,000 58.571 £ 368.264 £ 389,162 63.952 £ 101.625 FUND SUMMARY Brought Incoming Resources Forward Resources Expended Carriod Foplvard Transfer8 Unrestrletod funds Designated Funds General fund 92.135 12,6651 1,506 90,976 113,153 134,143 151,198 94,592 1,506 205.288 134,143 197,2571 242.174 58,571 368,264 325,210 101,625 £ 263.859 £ 502,407 £ 1422,4671 £ Nil £ 343,799 Restrlcted fund Brought Incoming Fonv8rd ReSoUeS Resources Expended Transfers Carried FOard Prlorye8r Designated Funds General fund 93,524 (3,061) 70,981 82,522 38.678 164,505 82.522 (29.624) 83, 720 200.854 (226,003 £ 248.225 £ 283.376 £ (267.742) £ 1,672 1,672 92,135 113, 153 205.288 58,571 Nil £ 263, 859 Reslricled fund 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS The Reslricled fund is represented entsrely by the ¢ash at bank; the Unrestricted fund is represented by all other assets and liabilities. 15 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88
ABBEY PEOPLE CIO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 14. FUNDERS AND PARTNERS The Trustees would like lo thank our funders and partners. We couldn't do the work we do without their generous support. THANK YOU GOLD SUPPORTERS IIMARSHAI.L enievenhjres COOIIIECUT COEL ARUP (iRU5VLNL)Ii NINIAIHEORY RAILPIN SWIRE CTr4AftIYABLE TRUST •UST F'()i'NIi.ii-11) SILVER SUPPORTERS BRONZE SUPPORTERS rwAXI)4 5WTFS stop TO OUR PARTNERS . C¢mbrKlg• '* Acorn Prol•ct Botanic Gardefi * TF&L.- CflFARM .Musm. FOIM Tt FUTURE ther CAMI3VI'.IK,_ ibis OUR FRIENDS CAN YOU COMMIT TO A MONTHLY DONATION? £5 a month covers the cost of a large basket of food in the Pantry for a family in rEed Eio a month helps provide a coffeè mornlng to build connections between people £20 a month helps provide youth club5 and out-of- school activities for young people In Abbey 150 c) month conlribvtes to running drop-in sessions Or if you prefer, you can give a one-off donation SIGN UP AT. WWW.ABBEYPEOPLE.ORG.UK/DONATE-TO-US 16 D(K ID= d[2878O2bb23ce3b4c114a27&1l2d486s6lf88