REGISTERED COIMPANY Yii1lBF.R: 113S2453 ffogland and Wales) REGISlkRED CHARITh. NL'MBER: 1181679 REPORT OTr fHE TRUSTEES AND UNAUDITED FThAf4cLIL STAlLMEs FOR THE YEAJi Ef4DED 31 MARCH 2024 FOR FLEEI'W(K)D TRusr Jones Harris LTmitrd 17 St Peiets Place tt.0d Lanc&%hiT¢ FY7 6EB
FLEETW(K)D TRUST coYrENVS OF THE FtTryANCtAL STATEMENTS for the year ended 31 Mar¢h 21124 Poge Report the Tntstees Ind¢peNdent Exgmlner's Report Staternent of Fillancial Attlvlties BalAnte Sbeet 6 to 7 Cash StateDJe¢ llotes to the Cash Floiv Statement ote$ to the Fln4n¢Aal S¢tements 10 to 17 D¢t#iled Ststemtnt of Finandal AttSvitie5 18 to 19
FLEETWOOD TRUST REPORT OF T]IE TRUSTEES for the yer ended 31 Marth 2024 11)e ttustees who also directors of ihe charity for tk purpo%es of the Companies Act 2006, Pr&t their report with the financial staiements of Ihe ¢hariiy foT the year cnded 31 Mktr¢h 2024. The tnislEeS have adopted Ihe provision5 of Accounting and Re>rtIng by Cha[iti.. SIlement olRecoinmended Practice applitable to charities prcparin¥ their 3c¢ounls in amoTdance witli th¢ Financial R¢p)rting Standard 3Fylicable in the UK and Republi¢ of Irelattd IFRS 102) {efftctive I Januory 2019). OBJECI'IVES AND AcfiviTIES Objectives •im5 To furrher benefit thc residents of Pleetwood. 8¢nifJcant Hctivitie5 lrt the year the Trust has been wntinuing wilh r¢developing the hospital. Fundinu has been received lur Ille Youih Inveslillent Fwid to develop a Youth Hub in the building. Much ofthe work h18 been undcrway from J&nuary. wth the new Youth Hub opening in Jl 2024. Further partrterthiw are b¢in8 dev¢lop¢d to bring the communiry hub on the ETound floor to fnjititsn. The aim is ty hav¢ Community rooms, a laundry facilAty and a café for the ¢onutwThiry by the end of 2024. Publ1¢ benefit Truste¢s h¥v¢ all reviewed the Charity Conmjissions guidance on public beu¢fit and all hav¢ rgard to it. Gr8ntm4klng Currently th¢ Tnt [Dak only srnall donation5. Volunteers Tenants. the Community and local volunteers have made vital ¢ontiibutions ioward the developmont of the building. The local communiry have a8Si51ed th thc developmenr of rhe builditsg and are iThiegrdl to how the Hub will deyelop. STRATEGIC REPORT Achievernent ytrformance Charltable actlvltie5 In the year the Trust has.. - Enhanced offtring for Blackptx>I & Fyld¢ Cullege Iv pVIde foradditional COUTses in Fleetwood,. - D¢v¢loEKd 8 space for North West Ambulance Service to op¢rate from th¢ fa. ciliry.. - Startedpartnerships and applied for fimding tor the ground floor of the building to be annoutK¢d on the coming months. The Tn has exceeded ils exp¢rtatiOlls &gain$t its ubje¢tives to develop thc Hub And creaie new parth¢T5hLPS Ltt the ycar. Fundraislng a¢tte8 Fulldra15ing ha5 pruge$S¢d as ¢xp%ted in th¢ y¢w. Finanelgl r¢vlew Finau¢l41 po$itlo The TnLses have maintain¢d a fjnancially sustsinable position throughout the year, dcspite serious ¢conomi¢ instability and uncertainty of suppurt on a Natio1 level. The Tnjst ha$ increased ils rental income over the year and hos furth¢r rental in¢ome in the ¢otning ycar. The Hub is commlty fo¢ustd and so fining grant fiujding. Princlpal fundlng $ources Thc Trust8 main wuir¢ 0cfimdll i& twtsl incomer¢c¢ivel grants a]wli¢d for and dollititsll5. Page I
FLEETWOOD TRUST REPORT OF THE TRLSTEES for the year endèd 31 March 2024 STK4TECIC REPORT Finaneiat rewew ReseThes polley Any reserve¥ held are for ti)e dev¢lopTnent of the prop¢rty at ihi5 Sta8¢. once the cliarity is estsbli5hed and has met its initial obj¢¢tives il may be ne¢¢ssary to develop a Tnorc fomial resern'e8 policy. Ai Ihc moment the ttu&l is lrying ro keep free reserves 10 cover 2 monlhs ot. costs. Unresthcied at the period end are £2.014.632 12023. Ll,723.370}. £1,910,329 of the unretri¢led r¢servcs are repi&4entcd by IixLxI a$¥ei$. l¢aving £104,303 vlfree re5ervcs. Princlp81 riskg uncertalDtIt$ Th¢ main risks facing the Trust 8f¢ Jrlated to fLmdin8 if the OnoMY faulter8 th¢n fvnding streams Cod be saturated 05 they were in Covid. Future plans The Tillsi is ]r¥¢nerating the Hospital building in Neetwotyl breathing hfc iffio a Partially derelict building. The plan is to d¢v¢lop a Cvnllnunity Hub on the grvutKi floor tlmt will b¢ deyclopcd by the p¢opl¢ of Flcctwood for the pe(>ple of leetwood. Th¢ TTUStee5 s¢¢ rhal the pr()je¢t will evolve ajjd ¥hiin¥¢ as it progress¢8 a5 the ncc(ts of the ¢otnniunily chattge 8round it. STRUCTURE, COVERNANCE AND MAf4AGEMENT Governing documetht The L]vrity is (ioyemcd by ie$ Articles of Assttiation. Charlty eottstltutlon Th¥ Chatity is an IncorFM)rared Cvmpany Limited by GuAratttec. Retniltment Ippointmenl of new tnJs¢ees Shoiild the need Bri5e to rccnjit new Irusr¢ts the charity will follow chanlies comtniSbioll 8uJdaw¥ in recruiung and appoinlingy new tw51¢ with the xeqllired skill 5¢L Suitable induction procedures and IraininD w¢ll be pruvid¢d in the even( tsf a new tNstee bein¥ appointed. De¢tslon Th¢ Boatd nKets olla Bi-Monthlybasi5 to monitor progr¢ss 4nd detenDin¢ mcxt $tep8. Key mMwtnt remuner*tiD Key manag¢TnetLt remiineration was £56.250 {2023-£54,000} in totsl. REFERENCE AND ADMINisfRATIVE DETAII RegLStered Co8>. Dumber 11352453 {England and Wales) ReOstered Charlty nuwber 1181679 Registered offiet Pharos Strc¢l Fl¢etwood Lancashire FY76BE Page 2
LEETWOOD TRUST REPORT OF THE TRUSTF.ES for the yer ended 31 March 2024 Trustt¢$ Mrs Maureen Linda Burns Mr Androy David Charles Mr John Josq>h FitzgerJld Canon Alr[ Terence Hay¢s Mr FrnDk Iddon Heald LoTd Thornas McNally Mrs R¢becca Jane Murdoch Bryan Olsen Dr Matk Spencer Mr RJ'¢hard James Bam¢5 Ms Shar(In TheresJone5 lappointed 1.3.241 Miss Lu¢yFion& Macn¢il (appoithtcd 1.324) Independent Examlner Jonts Harri5 Lin)il&l 17 St Pel¢rb Place Fleetwood IAnc8shirc FY7 6EB SolititOTJ David Evans Ramsdens SolicitL)ts LLP LSI 2RY of thc ttuste¢ inco ltittg a Strategic report. dppruved by ord¢r orth¢ board of mJ$tC¢5, as th¢ cotnpany th'rectOT5. . and $Ied on the board5 half by.. rs Rebe£ea Jane Murdoch - Tnjsiee Pag¢ 3
IND£PENDETrT bXANiLNER'S REPORT TO THE TRUSTEES OF FLEETWOOD I'RUST IndepeDdent examiner's report ¢0 the trustees of Fl¢¢twood Trnst ('the Cfimpny'} I report to the cliarily Inisle&% on niy examination olih¢ arLuunts of the Company forthe year end¢d 31 March 2024. Respon$ibilities b4$19 of report As the clwity's tNsrees of the Company (and also its directors for th¢ purwse5 of compatty low) you are responsible foT th¢ preparation of the account5 in aordanCe with the requirement5 of rh¢ Com6Mni¢s Act20061'the 2006 Aei'}. Hawng saii8fied myself that the accounts of the Conipany are not required lo b¢ auth.lcd Part l6 of the 2006 A¢t and rt ¢li8ible Eor ind¢wJdent ¢xaniit)arioD, I r¢port itt respect of my Examination of your clwiV5 accounts as Carried out Und Se£lion 145 of the C.harili¢s ALI 2011 I'the 2011 AcV}. ID ¢anyin¥ oui my examination I have followcd the threction5 giv¢n by thc Chariry fA)m]ni5sion under Seclioo 14515) (bl of the 2011 A¢r. Ttldependent exAmlDer'$ $t#lvtnent S1ce your charily's inc4)tne exceeded £250,000 your examiner m1 br # mcmbcr of a listed body. I can confimi Ihat I am quslified io undcrtakt the examination belaiise l am a MeMr of tbe Jllslilul¢ of Chanered Acti)untants in England and Wales. which i5 onc of Ihe li8ted Wies. I have cornpleled my examinarion. I confimi that no matters have come to m) Mtt¢ntion in c4>nneciion with the cx8n1itIioTh giving rtic cause to trKli¢ve". aecourtting rerords were not kept in respect of ihe Company as required by Settion 386 of the 21MI6 AeL or the 2¢COILnls do n4)i accord with those T¢cords', OT the aceourtts do not comply with the accounting requirements of Section 396 of the 2(XJ6 Act other thort any requirenient thai ihe aceounrs 8ive a true and tair iiew thich is not a Inatter coDsidered as p#rt of an ind¢pendeni ¢xaTninaiion,' or Ihe accounts havt not ien prepared in accorda¢ with the methods and principles of th¢ statenTht of RecLmimcnded Practice for aCcntIng and reirtIng by charities lappli¢Able to charities prwing their acCOlS itt 8¢¢ordance with the Fin2t)¢ial Reporting Stsndard applicable in the UK at)d Republic of Ireland {FRS 102}1. I havc no tonceJn% and hav¢ conje a¢ro$s no other lliaiiers iti ¢o]u]¢ction with the examittion to wht'cb attentioth sh¢Juld dra1 itl this reprirt in order to enablc a properuDd¢rsiaEuling ofthe iiCfQillJt5 to be reached. Mr M Wiglcy The tsf Charrered Accountants in England and Wales Jones Hartis Limited 17 St Peter% Place Fleettvood ncashire Date.. Page 4
'LEETWOOD TRUST STATEMENT OF FIANCIAL AcrivrTIES for the yegr ended 31 March 2024 period 116122 lo 3113123 Total fun(L8 y¢arended 31rJ124 Total fimds Unrestn¢d fijnd Restricted funds Notcs INCOME ATrD ENDOIIThIEYtS FRO.M Dottatiot]s and legacies 272,882 540.046 812.928 225.429 Other trdding gctivities Invesrmeni iticoTn¢ 48,523 98,252 48,523 98252 80,594 Totsl 419,657 540.046 959,703 31)0,023 EXPENDITURE ON Charitabl¢ activities 117,025 20.094 137,119 89.165 Oihcr 11,580 7,098 Totsl 128.61>5 20.094 148.699 96.263 NET INCOME Trnnsf¢r$ behveen fund$ 291,052 210 519.952 (210) 811.004 209,760 15 et movement th twid¥ 291.262 519.742 811.( 209,760 RECOYJ CJLIATtOP4 OF FtJYlKS Toiai funds broiight fonvard 1.723,370 127.741 1,641.351 TOTAL FUNDS CARRIED FORWARD 2.014,632 647,483 2,662.115 Th¢ no forni pan of thcsc financial statements Page 5
FLEETWOOD TRL'ST BALANCE SHEET 31 March 2024 2024 Total funds 2023 Tfital funds Unresmcted fund Restricted fiLnds Notes FIXED ASSETS T8ngible assets io 1,910.311 647,483 2.557,794 1.972,584 Dcbtors Cash ai bank 129,244 182.489 91,S78 59,090 220,822 241,579 3.592 34.598 311.733 150,668 462,401 38,190 CREDITORS AmounL8 falling duc within onc yEar 12 (89,8011 (150,668} 1240.469) 124,264) NET CURREf4T A&SETS 221.932 221,932 13.926 TOTAL ASSETS LESS CURRENT LIABILITIES 2,132,243 647.483 2.779.726 T,986,510 CREDITORS AMOU1$ &lling due after mor¢ tlwl one year (117.6111 (135,399} riET ASSETS 2.014,632 647.483 2.662,115 15 Unresrrict¢d funds R¢stri¢ted funds 2.014.632 647,483 1.723.370 127,741 TOTAL FUNDS 2,662,115 1,85L.I I I rh4ritable c4xnpany is ¢rtlitI to exemplion from audit under Section 477 of th¢ Companies Acl 2(K)6 for the year ¢o(l¢d 31 March 2024. The members have llot rcquircd the tompany ro obtain An audit of t15 fiTJancial star¢ments f4N the year end&1 31 Marcb 2024 in aceordance with S¢ction 476 ofth¢ Co]Dpanies Act 2006. The tiustees acknowlcdge their TespunsibilitlC5 for {a} ensurin8 that the charitablc Company keeps #¢counling rttards that comply wilh Sect10115 386 and 387 of th¢ Companies Att 2006 aj prq)ariThg financial slaienients whith giv¢ a Irue and fair wew of the stste of thirs of the charitable comi?any as al the cnd of each finineial year and of its SUTpliis or defjtit for each fJnanci&l year in accordanc¢ wilh the r4lliTeiticnis of Seci)ot)s 394 4TKi 395 and which oihmvi5c comply wrfh ilK reqilirements of th¢ Companie8 Act 21x16 relaiing to firh3ncial stalenniS. sts far as applicabl¢ Iv the ehariiable tompany. Ibl The not¢s fonn part of tbe$¢ financial statemettts Page 6 coniittued...
FLEE'IIVOOD TRLST 4LLNCE SHEET- tolltinlled 31 Mareh 2024 These financial Stsl¢tn¢nis' have been pJH>ared in a¢¢ordance with the ptt)vi.%itsns opplicable to ch&ritabl¢ ¢OEnpanies subject to the snlall LumpaJJie5 r¢gim¢. The financial sraiement5 Wtre approwed by the Board of Tnte&S and Juthorised for IU¢ on and were si8ned its b¢half by.. Mrs Rebewa Jane MutthKh- Twsiee The notes forni part of these fillancial statcments Page 7
FLEETW(K)D TRL'ST CASH FLOW STATEME,NT for the year ended 31 Mi arch 21124 penod 11&I22 lo 3113123 yearended 3113124 Note5 Cash flDWS frorD opergting acdvltles %h gen¢raied from opcrations In*r¢si p&id 824.785 (11.580) 241,429 17,098) Ne¢ ¢a5h provided by operatirtg achvitie5 813.205 234,331 Ch from Inv¢$bng activitiei Purchase oftsn¥ibl¢ fixed assets Interest ret¢iv (5YI.188) 1.386 (234,409) 52 Net used ill investing activilies (589.8021 (234,357) Cash florns from fin¥n¢ing ietfvltl¢s Loan repttJTh¢nts in year 116.422) (14,218) Net casb used in fmiujcing activiiies 116,422) 114,2181 Change In cash and cash É4uivalents ill the reporting period C#sh and eash eqUilents #l the beginning of tlle rerIan2 p¢rlod 206.981 {14.244) 34.598 48.842 Cash and cash eqlllvalettts #t the end of the reporting perlod 241.579 34.598 Thenot¢s forn pan of tbe5e fina11 statcnKnts
FLEETWOOD TRUST NOTES TO 17IL CASH FLOW STATEMFNT for the yeHr ended 31 Mareh 2024 RECO.YCILIATION OF NET Ih'COME TO NET CASH FLOW FROM OPERATING ACTIVITIES period 116122 yearended 3113124 31n123 et income for the reportlng ptrlod (as per the Statement of Financial Attt¥Tties) .4dJustments for.. Depretiatitsn Gharge5 Interest ¢¢iV Interest paid {[n¢reaseyd¢¢4St in debtors Increase in cjtditors 811.004 209.760 5.978 {1,3¥61 11.580 1217230) 214.839 6213 152) 17,006 1,404 Nettasb prollded by operv4th*Ds 824,785 241.429 AYALYSIS OF CWIGES IN INrr IDEBTYFUNDS At 114123 Cash flow At 3113124 Trieteash Cash ai bank 34.598 206.981 241.579 34,598 206,981 241,579 Debt Debts fallTng duc within l year D¢bts. falling due after l year {21.6641 1135,3991 11.3661 17,788 (23,030} 1157,0631 16,422 (140.6411 Total (122,465) 223,403 IQO.938 The not¢5 forn] part of thcse financial statements Pagc 9
FLEETWOOD TRUST .YOTES TO THE FINANCIAL STATETIs for the yeAr Qded 31 M*rtb 2024 AccouiYfiNG POLICIES Basls of prepArfng the finandAI st&tem¢nts The financial star¢ment5 of the charitable tompany, whiLh is J publi¢ b¢n¢fit entiry under FRS 102, havè been prepared In a¢¢ordancc with the Chariries SORP IFRS 1021 'AccountJng and Reporfillg by Chariii¢s'. Staten]ent of Recomm¢nded Ptactice applicable to ¢hatitics prcparing their acc)ts ITh accordance wirh the Fjnancial Reponing Si#ndard appli¢8ble in the UK and Repiiblic of Ir¢land (FRS 102) leff¢ctivc L January 20191., FinaDcial Reporting Standard 102 'Th¢ Financiaj Reporting Sr8ndard applicable in the UK and Republic of Jrelattd, and the Companies Act 2tMJ6. The finan¢ia] slatements have been pra[rd under ihe histuri¢al wst ¢oDventiotL GoiDg contern There are no Materi un¢ettsiThtie5 aEout the Lhatity's ability to continLLe &% aGoingConccrn. Inromt All incoine is mgni%d in tbc SthtLThent of Fin4ncial Activitics once the charity has ¢ntirlement 10 the fvtsds. it is probable that the iA¢ome will be received and th¢ #mot can bc mca&ored ttliably. Expenditure Li8bilitic8 arc rccognised 2$ expenditure as soon as ther¢ is a legal or eon81nictiv¢ obligation committing rhe ¢h4tity 10 that eXp¢ndItLe. li is probable that a Iransfcr of econotnit hthefits will be rcquittd in settl¢nient and the atnount f the obligation can be measuJEd reliably. Expenditure is actounted for on an accnmls 11& and has been classified und¢r headings that aggregate 811 c4131 relatrd ro the category. Where ¢0sis cannot be direaly attribul¢d to particular hcadings they have been allocated to actiVili¢s on a ba%1% consisteni with the u5¢ Of resources. Tanglble fixed #$5tts Depreciatiots isptY)vid¢d atthe followin8 annual Tai¢s in 4xd¢r to write off ea¢h assd over its estim&ted ysefvl life. FixtUT¢S and fittings Computer quipment 2/ on cosi 33/D Oll COSI Tax4tAon Th¢ charity is ¢X¢mptfrO cojwrdtion tax ort its charitsble activities. Fuhd #ttountin Unrestricted tund5 can be used in aceordartce with th¢ charitablt objectives at th¢ diSCTetion of Ihe IT$1¢¢5. Reslricled funds ¢an only b¢ used for particular restri¢td puoSe WLthin th¢ objects of the charity. Re3triction5 ari whcn specifjed by the donor OT wlien funds. are rais¢d forparticuiar restrictd purpose& Fwtherexplattauon of the nanjre and putP05c of cach fund is included in the notes to the fJnaJJci%l stai¢nrnts. Page 10 continued...
FETooD TRDST NOTES TO THE FINANCIAL STATF.MLNTS- continu¢d for ihe vear eded 31 March 2024 DONATIONS AND LEGACIES period IIW22 yeaT ended 3113124 3113ll3 DonatlOn5 Gran15 8,239 804,689 70.746 154.683 812,925 225,429 Grants teceivcd. iDcludcd in thc abov< are as follows: period 116122 3113Q4 3113123 GTantscar Social Investmcnl Bil.leSS Grant The Albert Hunt Trusi Macmillan The C.lorhwoTkers Foundation B13ckpool & Fyldc College PTinre5 Foundation Wyff Council Youth Fund Garfield we8 Oih¢i grants 5é.100 24,135 20,000 19,447 35.000 516,133 15,000 15,000 8.556 250.IXM 804,689 154,683 UTIIER TWINGACTIvfTIES penod 116122 to 3E13123 ycarended 31J3f24 NWAS contribution 48,523 Pa8e 11 continii¢d...
FLKkTWOOD TRUST )u'rES TO THE FINknJ'CIAI. sfATEMEPfts- tonlbTrlled for the vear end¢d 31 M*Tch 2014 INVESTMEYf INcof4iE period 116122 year ¢nd¢d 3113124 10 3113123 Rents r¢r¢id Deposit account intewi 96.866 1.386 80,)42 52 98252 80,594 SUPPORT COSTS Govemathce costs Manag¢m¢nt Finance TothL% R.518 donations and l¢gaci¢s 133.535 i( 3,480 NET Ih'COMEI{EXPENDITURE) Ntt income/lext&1ft) is stated afterchargiogl(¢redi¢ingl'. periud 11&22 year¢llded 3113124 3113123 Indep¢nd¢nt examiner fe Ikprtcialion- OW[ assets 1.445 5,978 1.350 6,213 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remurLeTalion or other benefiis for the year ended 31 March 2024 nor for Ihe period ¢ndcd 31 March 2023. Tru5te¢#' expenses There w¢te no ttees, expenaes paid forthe Y ended 31 March 2024 nor for th¢ periiKi eEK[ 31 March 2023. Pag¢ 12 con1inid...
FLEETw)D TRUST NOTES TO THE FINAYCLIL STATEMES- eontinued for the yegr eodEd 31 March 2024 STAFF COSIS period 116122 yearend¢d 3113124 3113123 Wages and $knies 60.959 48,144 60.959 48,144 The average monthly number of¢nJploye¢5 dunngthc y¢arwas as hllows.. period 116Q2 io 3113123 y¢aT ended 3113124 Manageent No employ¢¢s received ¢molumenls in exLes& u1£60,000. COMPARATIVES FOR THE STATEMEP4T OF FIN.1cIAL ACTIVITIES Unrestricted fund Resttictui fund5 Total fimds INCOME LYD EIIT)OWMENTS FROM Dotlations and Icgatits 90,747 134.682 225.429 JtLV¢Sttnellt income 80.594 80.-594 Total 171J41 134,682 306.023 EXPENDITURE ON Charitable activikn'es 82,224 6,941 89.165 7.098 7.098 Total 89.322 6.941 96.263 NETifiCOME 82,019 355.000 127,741 (355,0001 209.760 TrRnsferB bétween fvndy Net moYemeDt ltt fund$ 437.019 1227,2591 209,760 RECONCILIATION OF FUNDS Total tunds broughi fon¥aTd 1.286,351 355.000 1,641.351 TOTAL FUNDS CARRIED FORWARD 1,723,370 127.741 Pag¢ 13 continu¢d...
FLEETWOOD TRUST OTES TO THE FINANCIAL STATEMENtS- eontinoe fot the ended 31 M*reh 2024 io. TANGIBLE FIXED ASSETS Fixtur&8 and fiiiinEs Fte¢hold proprrty Computcr cquipmtni Totals COST At l April 2023 Additions 1.943.855 590,766 34,332 1.794 422 1.979.981 591.188 At 3) Mareh 2024 2.534.621 34.332 2.216 2.571.169 DEPRECIATION Ai l April Y023 Charge for year 5,720 5.722 1,677 256 7J97 5,978 At 31 Marrh 2024 11,442 1,933 13.375 ryET BOOK VALUE At 31 Mawh 2024 2,534,621 22,890 283 2,557,794 At 31 March 2023 1,943.8.15 28,612 117 1.972.584 DEBTOKS: AMOUN15 FALLING DLE WITH1, ONE YEAR 2024 2023 D¢biors VAT 150.870 69.952 3.592 220.822 3,592 IL CREDITORS.. AMOUNfs FALLG DUE WtTHtN ONE YEAR 2024 2023 ilank loan5 and overdrafts (see note 14} Creditors Accnjals and dcfcrred income 23,030 196,819 20.620 21,664 2.6(K) 240.469 242fA Page 14 continiied...
FLKETWOOD TRLST NOTES TO THE Fll¥ANCIAL STATEL¥tENIS- eondnued for the yÈ#r ended 31 M3r¢h 2014 13. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THA ONE YEAR 21>24 2023 Bank loans (see notc 141 135,399 14. LOL)S An analysis of the njaiurity of luans is given below.. 2024 2023 Aniounts talling duc within one year on detnand.. Ballk ioaTb5 23,Q30 21.664 Arnounts falling between on¢ Jnd two years.. t4ank loans 117.611 135,399 15. MOVEMENT IN FUNDS Net movement in fullds Transfers b¢twee fid$ At 3113124 Ai 114123 Ullr¢stri¢ted ndS General Fund 1.723,370 291.052 210 2,014.632 Restrkttd fund$ Social InvestmeTLI Busine&s Grant Fund College Fund Space Oasis Facililies Fund Social Investment B]nesS Grant Building Rcscrvc 10.137 56.1110 16.206 35.Ix)O 508,193 Is,000 (32411 1518J30) 71,100 12,965 35,000 10298 518,120 528.418 127,741 519.952 12101 647,483 TOI'AL FUNDS 8L 1.004 2,662.115 Page IS continued...
FLEETWOOD TRbST OTES TO THF. Fif4MCIAL STATEMENTS- colltlnued for the yr ended 31 Mareh 2024 IOVEMENT IN FLINDS- eontlnued Net tfK>vemenl in fijnds. in¢luded in the above are as follows-. Incomin8 resources ReSourS Movement Unrestricted hnd5 G¢o¢rdl Fund 419.657 1128.6051 291,052 Restricted funds CvTtununty Kitchen Futld S(la1 Iiivestjnent Bubilles5 Grant Fund Collegc J4und Space Oasis Wyre Council Youth Fund 357 516.133 15,0(10 (357) 17.940) 508.193 15.olx (32411 {32411 {8556) 8,556 540,046 120,094) 519.952 TOTAL 959.703 {148,69J) 811,004 c0rnpargt1v for movtment in funds Net movement in futtd8 Transfets between At 3113123 At 1/6122 Unrestrictsd funds General Tr'und 1286.351 82,019 355.( 1.723.370 Restricted fknnds Ground FloorBiiildtng Fund Community Kilchetj Fund Changing Plact8 Fund &)ci31 Invesmicnt Ble$S Grant Fund Coll¢g¢.Fund Space Oasis FacJlLiie8 Fund Social InvesTmeTht Businc55 Grant Building Reserve 320.000 25.O¢KI 10.000 1320.¢M)01 125.IKIOI I10.0) 110.2981 20.435 56,100 16206 35,IKJO 10.137 56,100 16,2()6 35,000 10.298 10.298 355,IXJO 127,741 {355,(KlO} 127,741 TOTAL FUNDS 1.641.351 209,760 Page 16 contillued...
FLEETWOOD TRDST OTES TO THE FINANCL4L STATEMEryTS- totttlnNed (or the year ended 31 M*reh 2024 15. mOVLmF.T Ili FUNDS-eontinued comparati nct movement in fiJnd& included in thc abov¢ are a5 follows.. Inwmin8 resources Resourrr5 exp¢[ed Movement in fvtM15 iinrestricted futKIs Ge][3[ Fund 171,341 189J221 82.019 Restricted funds Social Invesitnent Business Grant Fund Coll¢g¢ Fund Space Oa5l5 Facilirie5 Fund 24,135 56,1(M) 19,447 35,000 {3.700) 20.435 56,100 16,206 35,000 (3.241) 134.682 {6,941 } 127.741 TOTAL FUM)S 306,023 196,2631 209,760 All of the ckniries fullds were crted when ¢h8rity received grants or dottatiDns towaTds the spetifir purp05¢ of th25¢ prOjts. The SoLial Snvesm)ent Busine$$ Grant Building Reserve repT¢5¢nts costs expended from th¢ the SoLial InYes¢ment B1n¢ Grant on capital expendiwre. This amount has not be¢n Tclea5cd to Cicneral R¢sEry¢S as there o conditiotts attached to die (imding which ¢ould result in clawback of the fidIng up to the point the building wort( i% sign¢d off. 16. RELATED PARTY DISCLOSUR&8 "IThere were no relatedpaty trat¢t10Th$ for the year endt4 31 Mar¢h 2024. Pag¢ 17
FLKLTWVOD TRbST DETAILED STATEMENf OF F114ATr4CIAL AcTIV[Es for the year ettded 31 M*rth 21124 period 116122 lo 3113123 year ended 3113124 INCO,IIE Ah'D ENDOWMEYrs DonatloRs and lega¢les thinations Grants 8.239 804.689 70.746 154,683 812.928 225,429 Other trading activities WAS eontribution 48.523 Invèstthentintome Rents r¢c¢ived Deposit a¢count intcrcst 96,866 l J86 80.542 52 98252 80,594 Totsl kn¢omlng re$ource5 959,703 306,023 EXPF.NDITURE Other Bank interest Bank loan interest 11.578 7,098 11,580 7.098 Smpport tosts Mana%etllent Wgges ITan¢C Li¥ht, htat and Wer Telephe AdN'erti5ing 60.959 16.479 15.064 2,694 6.244 1,278 16,426 1.916 1,540 1,303 3.654 5.722 133.279 48.144 7.316 13,043 2294 627 3.367 l.618 Repairs & maiuienance Trav¢1 Training & rwruitmcnt Softw8r¥ & Computer Cledning Fixwrcs and fitttngs Camed fonv8rd 496 5.720 82.625 Thisp9g¢ does not fotTn part of the statutory finwcial statements Page 18
FLLETWOOD TRUST DETAILLD STATEMEPIT OF FINkn%CIAL ACTIVITIES for the vtar ended 31 Mareh 2024 PEriod 116122 year Pled 3113124 3113123 MAnagemeDf Brought forward Cotnputcr eqUiPn0t 133.279 256 82,625 493 133,535 83,118 Finance Bank charges 104 91 Covern*nce cthst$ Audiior5' mnuncration for non audjt work Legal and prOfei0nal fee8 1.445 2,035 1.350 4,606 3,480 5.956 Toial TEsour¢Ls expended 148.699 96263 Net In¢oMe 811,004 209,760 This page does not fotm part of the 5tatytory financial $tatemeDts Pwgc 19