RLCISI'ERED COMPANY NUMBF.R: 11352453 (Eugland and Wales)
REGISTERED CHARITY NUMBEIL. 1181679
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
FLEETWOOD TRUST
Xeinadin Audit l.imited
Statutory Auditor
17 St Peters Pl&e
Fleelwood
Lancashire
FY7 6EB

FLLLJ'WOOD TRtJST
CONTENTS OF THE FINANCIAL STATEMENTS
for the yvar ended 31 M4r¢h 2025
Page
Report ofthe Trnsti*
Report of the lttdependent Audftors
Statement of Fina￿1￿1 Aetivltles
B￿la￿ce Sheet
CAsh Flow Statenlent
io
r4otes to the Cash FioTrv StatemeDt
Notes to the Than¢i9l S¢•tements
12 to 19
Detliled Staitment of Fin•nci81 Activities
20 to 21

FLEETWOOD TRUSI"
Rl',poirr OF THF. TRUSTEES
for the >'e&r ended 31 imareh 2025
The t￿￿CeS arc alw directors of the charity for ihe p￿ry￿SeS of the Cornpanies Act 2006. prcseRt their r¢port with
the financial slat¢menis of the Clwity for tl)e year ended 31 March 2025. The trustees have adopitd the provisions of
Accounting ￿ld RewrtiTbg by Chariiieb.. Slaiemeni of Recoinmended Practicc applicable to charities pr¢paring Iheir
accoullts in acLYrdan¢e with the Financi￿ Keporting Standard applitable in the UK and Republic of Jrcland 11.-RS 102)
(e(fectiv¢ l January 20191.
ORlkCTIVLS AND AC'rivtTIES
Objectives and aims
To furthey benefjt the residents of Fleetwood.
Slgnlfleant actiiryties
In the y¥dr the Ttusi has been continuing with redeveloping thc hospilal. The Youth Hub wa% opened following receipt
of funding froin the Youth Inve51￿¢￿1 Fun¢L whieh h&5 been a T￿￿oundIng success, helping to alleviate many of the
)cial issucs Faced by children iii FleetWlKKI. Funding has been received from UKSPF and a cafe and cOm￿UnItY rooms
have becn developcd to open in July Z025.
Public benefit
have all reviewed the Charity Commission% guidance on public benefit and aIl have rebvard to it.
Crnntmaking
The Trust makes small donations to local charities and teams. There is no fornal grant Tnaking p)11￿ as any amounts are
le.%s than £5(X).
VolunteeT5
The Hub is Collrinually king wppofted by the local community. the tenants of the buildin& the Police and a variety of
local groups who uiilis¢ the building.
In Trtbute
The-lruslces wLwld like to recognise the contribulion Frank Heald mad¢ to creating The Hub. Sadly. the towll lo￿ one
of ils greale%i assets when I'rank passed away in October 2024. FIl￿Wil0d Trust would noi be where it is today withoul
l--rank's dedication to not only purchabing the building and spearheading its Frilevelopment bul also his ￿4$10n for
crc2ting partneT%hipb to ensure all in Fleetwood would benefit the proj¢ci.
STRATEGIC REPORT
Achie%'em¢nts #nd p¢rform*llce
CbArttAbk acti￿tieS
In Iht year the Trust ha
- Assisted BlackrA)ol & l.ylde College to provide furthercouTSe%
- Opened the Youth Hub in pannership wilh Fleeiwo(xl Town Con]munity TTUSt
Progres&ed with refurbishment project utilisillg UKSPF monies lo develop a café, laundretie and comiounity
room5.
In th¢ year the Trust h&$ manageil its &hievements against the obje¢tiVC8 *t. Idcally the café would hav¢ been oPe￿d
by rarly 2025 bul tinding the right partner to ruli th¢ café more irllportant that just opcning it. The partner hal to fil
WLth the ethos of the Trnrt.
FuJLdrHising #¢tiiryti¢s
Fundrrising has been difficult irt the period du¢ ro lh¢ build projects. cuntinuing. Rev¢nue fund5 are iring gA)ught for Ihe
future p￿￿d.
Financial rewieiv
Fin*n¢l*l position
The TrU￿tff5 hav¢ maintained a tinancially sustainable wgiiion throughout the year, despiie serious econolnic instabiliry
and uncertainty of support on a n￿lO￿al level.
Income has slightly incTca%ed in the and further funding I.￿ bein¥ sought for revenue. Providing a syace that have
scrvic£s that ￿1[1 benefit Ihe people of Fleetw1￿ 1% more important 10 the Trust than increa5in¥ in¢omr.
Page I

FLEETWOOD TRUST
REPOR'f OF Tllb'TRUSTFF.S
for the v¢ar ended 31 March 2025
STRATEGIC REPORT
Flnantlal r¢viev
Prftlclpal fuiiding ￿￿rreS
The Trusi's main sourc¢ of funding is rental income receiv¢(L grants- applied for ar￿ donations.
Re$erve$ pollry
Any reserves held aTe hr the developmcnl of the propcrty ai this stage. Once the Charity 1% more ebtablibhed and has met
it's initial objective% it may be necessary 10 develop a more fomial re￿er￿s policy. At the moment the trust i¥ trying to
keep free reseNes to cover fi months of costs. Unrestricted reserves ot the peTiod elld are £1.980,724 (20•4,
£2,n14,632). L?,033.893 of the unre5lTlc￿d reS￿ve$ are TepTesent¢d by fixed leaving1£53.169) of free teserves.
PrineipAI risks and uncertaintie5
The principal risk facing the Trust j5 in relation to funding.. whdhtr that is direct funding for the Trust's revenue or
partne￿ funding tliat allows tliern to run %¥rvicLS in Ihe building.
FutUTe plan5
The Tmst 1% regenerdling the hospital building in Fleetwoo¢L breathing life into a partially derelict building. The
TTUgtees see that the project will evolve and change &s it progreists as the needs of the cotnTnunity change around ii.
STRUCTURE. COVERNANCE AND MANAGEMEliT
Cov¢rniRJg document
The Charily its Govemed by it's Articles of Association.
Ch#rity constitutlon
The Charity is an iiicorporatcd ¢on)pany limited by gllarantee.
Recruitment And $ppointment of n¢w trnstees
Should the need arise tts ieetuit new t￿￿CeS ihe chariiy will follow chaTiti¢s commission guidancc in recTuiting and
appoiniing new ¢n1￿¢e$ with the rcquired skill Set. Suilablc irtducuon procedures and training will be provided in the
event of a new truslee being appointeil.
Deci8ioD making
The Board me£ts on a bi-monthly basis io moni1orpro￿SS and determine next steps.
Key remuneration
Key managernenl rernuneration was £56.320 {202£k£56,250) in total.
REFEREFICE AND ADMINISTRATIVE DETAILS
Registered Company number
11352453 (England and Wales)
Regtstered Cb8rlty nutnber
1181679
Registered offl¢e
Pharos Sire£t
Fleetwood
LanC￿hirC
FY7 6BE
Poge 2

FLEETWOOD TRUST
REPORT OF THE TRUSTELS
for the >e&r ended 31 2025
Trustees
Mrs Maurcen Linda Bums
Mr Andrew David Charles
Canon Alfred T¢renLe Hay
Lord Thomas McNally {resigned 19.9.24)
Mrs Rebe¢¢a Jane Murdoch
Mr Bryan Olsen {resigned 19.9.24)
Dr MaTrk Spencer
Mr Richard ja￿e$ Llames (resigEied 19.9.24}
M.$ Sliaron TheresaJone8
Miss Lucy Fiona Macneil
Auditors
Xeinadin Audit Liniiied
Siatiilory Auditor
17 St l>eters Pl￿e
Flcctwood
Lan¢ashiTe
FY7 6EB
Solicitor
Dal'id Evans
RaTn.%dcn% Solicitors LIP
Lttd5
LSI 2RY
STATEMENT OF TRUSTEES, RESPOT4SIBILJTIES
The Irumees (who are also the directori of Fleelwoud Trust for the purposes of COM￿lY law) aff responsible for
preparin¥ the Report of Ihc Ttustees and the fjnancial staternents in accordan¢¢ with applicable law #nd United Ktngdorn
Accounting Standards (United Kipgdorn CJcn¢rally Accepted A¢¢ounting l?raclice).
Company law, requiros ihc ttwste¢% to prepare fin8neial ￿aternents foi each financial year which ¥ive a true and fair view
of the state of aftair5 of the Ch￿ilablE company and of the incoming resources and applicaiion of resouTCty including
the income and ¢xpenditur4 of the charitable LYI￿vany for that period. In prq￿ring those financial siaiements. the
Iruslet% are requiied lo
belccl Suitable accounting policies and tlien apply thcrn consi*cntly'
obseTVC thc meth(7J* and principl&% in the Chariiy SOiiP.
make judgement5 and estimaies that are re&sonable and prudenL
prepa￿ the financial slat¢m¢nis on the going concetn basis unless it is inappropriate lo presume Ihai the charitable
Company will continue in business.
The trustees are rt%Fx)nsible for kttping proper accounting records which disclose with reasonable accuracy at any iirne
the financial p051tion of ihe charilable cotnparty and 10 enable thern to cnsure that the financial statements tomply with
the Companies A¢1 2006. They are alw rc.%ponsible for.4feguanling rhe assets of the charitable company and henc¢ for
taking reasonable steps forthc prcvention and d￿e¢(lon of fraud a￿d other irregulaTiiies.
In so far ￿ the trustees are aware..
Ihere is no relevant 2udit infonnation of which the charitable company'8 auditor% are iinaware.. and
the InLtylee5 have taken all steps thai they ought to have iaken to make themselves aware of any relevant audit
information and to c8tablish that the auditors are aware of that infomiation.
AUDITORS
Thc auditor% Xeinadin Audit Limited, will be prowsed for re-appointtnent at the forthcoming Anllu21 Qeneral Meeting.
Rq)ort of the t￿￿le* in¢orporniing a siralegic report. approved by order ot. the of iru5Eees. as ihe company
direciors. Qll LO
Qkpo..W .2Q.U.. and signcd on the board's behalfby..
Page 3

FLEETWOOD TRUST
REPORT OF THE TRusfEES
for the year ended 31 March 2025
Mr5 Rebecca Jane Murdoch- frustee
Page4

REPORT OF THE INDEPENDENT AUDTtORS TO THE TRUSTEES OF
FLEETWOOD TRUST
Oplnlon
We liave audited th¢ financial stat¢Tnrnts of Fleetwood -frust (the 'charitable company,) for the year ended
31 March 2025 which comprise the Statement of Financial Activiiio% the Balance Sheet. the C&sh Flaw Staienenl and
notes to the financial siaicmeni% including a sumrnary of significant accounting policies. The fJnan¢ial reporting
framework that been applied in their preparati(¥n i% applicable law and United Kingdom Accounting Sundards
(United Kingdom Generdlly Accepted Accountin¥ Pr<KtiLe).
In our opinion the finwicia] slatemeiits..
Jive a tFUt and fair view of the %iat¢ of Ihe charitable cornpaiiy's affair8 as at 31 March 2025 and of it8 incorning
resources and application of rewuTCe& Iiicluding it% income and expenditure, for the ycar ihen endcd,.
have been pT0￿rIY prepartd in accordance with United Kingi&)m Generally Accepted Accounting Practice.. and
have been Prepared in accordance with the requ1￿mentS of the Companies A¢1 2006.
B&sis for opinion
We ¢ondu¢ied our audit in accordance with Ini¥rnaiional Siandards on Auditing IUKI IISAs'11ry(11 and applicable law.
Our respon5ibilitits U[￿¢[ those standards are funher descril￿d in the Auditors, responsibilities for the audit of ihe
rinancial ststeln￿ts sectioii of our report. We aTe in(Ivpendent of the charilablc company in accordance with the ethical
requiretncnts that releTrani to our audit of tlie financial .statcrncnLS in the UK including the FRC.'s Ethical Standard.
aiid we have fulfillcd our other ethical re￿0￿87b]ll[l¢s in accordance these reqllirem¢nis. Wc b¢li¢vt that the audi¢
evidence we have obthined is %ufficient and appropriate to provide a basis for our opinion.
Conrluslons relatlng to go5ngfon¢¢r
In auditing the financial stateineni%. w¢ have concluded tbat Ihe ttusitts. use of the going concern basis of a¢counling in
the preparation of the financial staiemenis is appropriate.
B&%d on the WQTk M'e have perfomied. wt have not identified any maietial uncertainiies relating to events or condiliolls
that, individually or collectively. rnay ca* significanr doubt on the charitable ¢ompan>"s ability to ¢onlinue as a going
concern for a period of at least twelve moiiths from when the financial slatemen15 are authorised for i$8ue.
Our responsibililies and ihe rcsponsibilities of the rru%1ets wilh respect to going concern are described in the relevant
sections of ihis report.
Other information
The trustees are responsible for the oiher infom)ation. The othcr information Comprises the Info￿atiOn included in the
Annual Report. otherthan thc financial biatements and our Rq)ort of the Independent Audiiors thereoll.
OUT Oplllloll thr financial slatemenis does not cover the other infonnation and, except lo the extent otherwise
expli¢itly staled in our report, we do not exprtss any forni of assurance conclusion ihereon.
In Cor￿c¢tion with our audit of th¢ financial slatemcnls, our rtsponsibility is lo read thc other information and, in doing
qo. consider whelhcr the other infomiaiiort is materially tnconEi%tent wirh the financial slaiements or our kTtuwledge
obtained in the audit or othcrwi8e appears to be matLYiitlly misstaied. If we identify Such MAt￿la1 inconsisletLcie5 or
apparent maÉeTial rni5siatemeni& we are required to deterniine whether Ihib gives ris¢ to a material Inisstatetnent In the
financial statemenis ih¢inselves. If. ba5.ed on th¢ WO￿ we have perfonned, we coiiclude that there is a material
Tnisstatemenl of this oiher informaiion. w¢ are required to Teport that fact. Wc have nothing lo report in this regard.
Matters Ivhi¢h iYÈ arè required to report by exeeptiOII
We have nothing to report in rttpe¢t tsf the follouiing matters where the Charitles (Accounts and Reports) Regulatiorns
2008 reqtsi￿ LLS lo report to you if. in ouropinion..
the inforn￿l10n given in the Rewrt of ihe Tru#ee5 is inconsisieni in any material respect with the Iinancial
statements,. or
the Lhariiable company h&$ not kept adequate accouRling Te¢ord5- or
the financial staternents. art not in agree￿¢￿t with the xcounting records and TetUTTh5.' or
we have noi rc¢eived all ihe information and explanatlolls ￿ require forour audit.
Page 5

REPORT OF THE If4DEPEF4DENT At)DITOIiS TOTHE TRUSTEES OF
FLEETWOOD TRUS'r
Rtsponslblllties of trustees
As ¢xpl8ined more fully ID th¢ ol Truste¢5' RestK)EJsibilities. the trustees {who are also the dit¢ctor5 of th¢
cbantable Company for the of cojnpally lawl are te5poLsible for the preparation of th¢ financial statements and
for being 5ali8fied that they give a tTh￿ and fair view, al￿ for such interna] control the tru5tec5 detern)in¢ is necessary
to enable prq)atation olfinall¢ial statemen¢s thal 8tt free from m8t¢Tio1 mis$tatemeTh( whetherdue io fraud or
hj preparing the fujancial statejnents, the trustees are reS￿￿5]b]e foi a55¢55in¥ the charitrabl¢ Co￿pa￿lS ability to
conttnue as a ¥oin¥ di*losll)g, as applic#bl¢, n]all¢r$ relatrd to goiDg concern and wsing the going concern
is of accounting uDless the trustees either intthl to liquidat¢ the cbaritable company or to Cfa5e operations, or havc
tealistic alternative bul ts) do so.
Our re&ponsibilit]ts for the audit of the l]llan¢i41 ststemtnts
We have been appointcd as auditor8 ullder SectioD 144 of the Ch￿ltieS Aci 20118nd report in accordance with th¢ Act
relevant Arguiations mad¢ or having ¢ff¢Yt th¢reuDder.
Our objective5 are to oblain TCa50Dabl¢ a$5Utanre about whether the fioancial statenth &8 a whol¢ are free from
material misstalcmenl, whether due to fraud or ertor, and to issue a Re￿ of the Tndcpathi Audito[5 th&t It￿lUd￿ our
opinion. Reosonable &vurante 1$ a hi￿ Icvcl of a&surar￿, but is not a guarantee audit conducted in aCcI￿1￿￿ce
with ISAS (UK} will always detttt a material misstatement when it exists. Mi&8taternents arise from fralld or errol
and are considcred Materi￿ if. individually OT in the dggregaie. th¢y couid reawnably be eXp￿ted to ititlu¢n¢¢ the
¢¢ono￿lC decisions of user5 tsken on the basis L)f tb¢se fJn4n¢ial slal¢m¢nl$.
The extrnt to whjch ourpmctrAlfjJrcs are capable of deteclÉn8 itre8ularilies. including fraud is d¢taIl￿b¢low."
I} Discus8ioThs with ￿St£C3 and ￿￿￿8¢￿t￿l, i￿lud￿)g ¢oDsiderntion of known or susrkcted installcts of
non4ompliance wtth laws and regulation and fraud. Thi& illclu￿ legis]alion that affects tbe runniDK of the FoundaLion
such as Cbarities Act 2011 and¢yrreDtpaymJl and employment legislation.
21 Challenging assumptio￿5 andiL¥Jg¢m¢nts by the trust¢¢s aThl mJD8g¢ment.
3} Idenb"fyryng testingioutTal CDtiics, in particular those posted with unusu8] account combinations. This ittcludes
r¢viewing significant entrtes around the year end andany journals posted thruu¥hLTrUt the year.
A fi￿ther description of our respoThsibÉlitie5 tor the audrt ol"tb¢ finaocial stat¢meDts is locthd on thc Financial Rcporting
Council'5 w¢bsite at wMrw.fr¢.or&uklauditorsresponsibilitie5. description forms pwt of our Report of the
Independent Auditors.
U9eof our report
This rcport is tnadt solely io the charitable compooy's trw5tee¥, a¥ 8 body, in *ccordatKt with Part 4 of tk CILariti¢s
(A¢ww)ts and lietx)rts) Regul￿10￿% 2(M)8. (kn audii work has been uDd¢rt2ken so that we migm stste to the tharitable
COTnpai]y'5 I￿StreS those matters we are required to state to theED in auditor5, rwt and for no other pwe. To th¢
Ilest exlenl pBrEnitted by law, we do Mt accept or &5sume resw>n&ibi1sty to anyone ottKr than the charitable Company
8Th4 the ¢han'table compan￿5 a5 abody. forouraudit work. forthis re[￿ orfor the opinion5 we have fomied.
Xell￿din Audit Limited
StatuioryAuditor
Eliwble to act&8 an auditoriti ofsectii)tt 1212 of theCompwi¢5 Art2006
17 St P¢iets Place
Fieetwood
tatKashire
FY7 6EB
io
Pgge 6

FLEETWOOD TRUST
STATEMEKf OF FINALYCI.4I, ACTIVITIES
for the ended 31 rtrlarcb 2025
?025
Total
funds
2024
Total
funds
Unres1rirted
fund
Restricted
funds
Note5
INCOME AND ENDOWMENTS TrROM
Donations and legacies
6.233
904.310
910,543
812.928
Oiher rroding aCti￿ticS
Investment ircome
48.523
98,252
135.714
135.714
TotAI
141.947
904.310
1.046.257
959.703
EXPF.TriDITURE O
Charitable a¢iivities
165,610
157,638
323,248
137,119
Othcr
10.244
10244
11.5AO
Total
175,854
157,638
333,492
148.699
NET 1NCOMEI{EXPEND￿uRE)
133,907)
746.672
712.765
81],1￿4
RECONCII,IATION OF FUNDS
Total funds brought forward
2,014,632
647.483
2.66? 115
TOTAL TrUNDS CARRIED FORWARD
1.980,725
1,394,155
3,374.880
2,662,115
Thc Doles ftsmi part of thcs¢ final￿la[ siatements
Page 7

FI.F.ETWOOD TRUS'r
BALANCE SHEET
31 M*r¢b 2025
2024
Toial
funds
Unrestricted
fund
Re￿￿¢1¢d
funds
'loial
Nol¢s
FIXF.D ASSETS
Tangible assets
10
2,033,893
1,394.156
3,428.049
2,557,794
CURRENT ASSETS
Debtors
Cash at bank
5.032
93,021
55,031
110,773
2?0,8??
241,579
17.752
98,053
67.752
165.805
462,401
CREDITORS
Amoun1.% falling due within one year
12
152.112)
{67.7521
{119.864)
{240,469}
IYET CURRI:NT ASSETS
45,941
45,941
221.932
TOTAI, ASSETS LESS CLRRLfiT
LIABILITIES
2,079.834
1,394,156
3,473,990
2,779,726
CREDITORS
Amounts falling due after more than one yeaT
13
{99.110)
199.110)
'ET ASSETS
1.980,724
1,394,156
3,374,880
2,662,] l5
FL74DS
Unresiricted funds
Rcstrictcd fund%
1,980.724
1,394.156
2,014.632
647,483
TOTAL FUNDS
3,374,880
2,662.115
The ¢hariiabl¢ company is entitled to exetnption from audit under Section 477 of the CoTnpanies Act 2(K)6 for the yeor
ended 31 March 2025.
The TllcTnkn. have nol deposiied notice, pursuant to Section 476 of the cOmp￿leS Act 2(M)6 ￿U]ring an audit ol these
financial stateinaits.
The ttuste&% a¢knowledge iheir rwonsibililiei for
{a)
ensuring thal the chaiilable company kecps accounting records ihai comply with Sections .186 and 387 of the
Compani&% Act and
preparing financi￿ slaiements whi¢h give a truc and fair ￿l¢W of Ihe stale of affairs of the charitable company as
at the end of each financial year alld of i¢s surplus or deficit for each finan¢ial yfdr in accordance with the
requirements of Sections 394 and 395 and which i)therwise comply with the Tequiremelltts (pf the Cornpanies Act
2(KJ6 Telating to financial slatemenls so far as applicable to the charitable Lvmpany.
{b)
Th¢se fjnancial statements l)av¢ been audittd under the requirements of Se¢tion 145 of the Charitie5 Act 2011.
The notes forni part of thtse financial statemcnt8
Page 8
continued...

FLEETWOOD TRUST
BALANCE SHEET- ¢Ontin￿ed
31 fwIarch 2025
I'hese financial statemciits havc been prepatrd in accordance with the provisions applicable to chariiable companies
subject to the stnall companies regime.
The financidl 5taiemenis were appiDved by tht Board of I'rustees and authorised for i&we
..1..P-..,o￿.fv￿. * l)i5. and were signed on ILS behalfby..
on
Mr4 R¢be￿a Jun¢ Murdoch- Trustcc
The notes fomi part of th￿ financial st&ements
Page 9

FLEETWOOD TRUST
CASH FLOW STATEMETriT
for the )'ear ended 31 March 2025
2025
20?4
Noies
CAsh tIows from opeT*ting activities
Ca%h genet2tcd from Thpcralions
Interest patd
788,957
(10.244)
824.785
111,580)
Net cath provided by operating activitics
778.713
813.205
C#$h fl(>*s frorn investing activities
Purch&%e of tangible fixed assets
[nie￿I trceived
{9M.628)
2,8116
(59I,18R)
1,386
Nel cash vsed in ini,eAing a¢tivities
{941,742)
(589,80?)
Cash flow$ from fin&ncing aetivitieS
Loan repaytnents in year
{17,777)
(16.422)
Net cash used in fiDan¢in8 activitits
(17,7771
116.422)
Chinge In ea$h and CAsh tqulyfilents In
the r¢porting pcrlod
Cash and c￿Sh equi*'8leDt$ at tbe
bekvinning of the reporting perlod
{180.806)
206,981
241,579
34,598
Cx5h and cash equivalents ot tbe end of
the reportiDg period
60.773
241.579
The n￿¢$ fom) part of these financial stat¢ments
Page 10

FLEETITrOOD TRUST
NOTES I'O TFIE CASH FLOW STA'TEMEtIT
for the year ended 31 MArch 2025
RECONCILIATION OF IYET If4COMF. TO NF.T CASH FLOW FROM OPERATIYG ACtI￿lTIEs
2024
Net Income for the reporting period {a$ p¢r the Statement of Finauclal
ACti￿ties)
Adjustments for..
Deprecialion chatges
Itiietesi received
Iniere51 paid
De¢r¢￿tIl1￿crc￿￿) in dcbtors
(Dccrca8eyin¢rease in ¢reditors
712,765
811.(K)4
74.373
{?,886)
5.978
(1.386)
11.580
(217.230)
214,839
165.790
{L71.3?91
Net cash protrlded by operitiotkS
788,957
824,785
ANALYSIS OTr CASII AND CASII EQUIVALENTS
9025
2094
Noii¢edeposiLS IIL%s than 3 months)
Overdrdfts included in bank loans and overdTaftb falling due within one year
110.773
150.000)
241,579
Total cash aNi cath e9uivalenis
60.773
241.579
ANALYSIS OF CHAL¥GES IL¥ NET FUNDSI(DEBT)
At 114124
Cash flow
Ai 3113125
let cash
C&th al bank
Bank overdraft
241.579
(130,806}
{50.000}
110.773
{50.(K)O}
241.579
(180.806)
60,773
Debt
Debis falling due within l y¢ar
Debts. falling duc after l year
123.030)
{117,611)
(724}
18.501
(23.754)
{99.110}
{140.641)
17.777
1122,864)
Totsl
(163,029)
(62.09l }
Thr ttoies forn) part of these financial statements
Pagell

FLEETWOOD TRUSI.
NO'I'ES TO TIIE FINANCIAL S'I'ATEMENTS
for the end¢d JI t*l8rch 2(125
ACCOUNTif4G POLICILS
Bas1$ of preparlng the tlnancial statements
The financial staiements of the ¢haTitabl¢ eompany. which is a public benefit entity undei FRS 10? have beeii
prepared in accordance with the Charities SORF IFRS 10?) Accounting an(t Reporting by C'haritie%.' Statemeni
of ReL￿mmended Practice applicable lo charities preparing dieir accounts in a¢cordan¢e with the Finantial
Reporting Standard applicabl¢ in tbe UK and Republic of ITcland {FRS 1021 (effective l January 20191,.
Financial Reporting Standard 102 'The Financial Reporting Siandard applicable in the UK and Republic of
Ireland, and the Companiog Act 20(KS. The fJn8ncial statements have btrn prepared under The historical c05t
¢onvenlion.
Golng contern
There are no m*erial Mn¢¢rtainiies about the charity s ability io wniiiiue a goin¥ concem,
IDcome
All iiicome is Tecogni5ed in the Slalement of Fitwicial Act]￿tIo￿ once the Charity has entitlement to the funds, li
i5 Probable that the income will k rtteivcd and the amount Can be me&sured reliably.
ExpeDdiiiire
LiabElities are recognised as expenditure as soon there is a legal or conslruclive obligation cominitting the
¢hwity to ihat ex￿nditure. it is probable that a transfer of eLonornic benefits will be required in Settlement and
the amouni of th¢ obli¥ation can be rnvabured rcliably. Expenditure is accounted tor on 2n accnjals b&sis and h&*
been classificd undcr headings thai aggregate all c051 related to the category. lfvThere cost% cannoi be directly
attributed to particular headings they have been allocated to activities on a ￿]5 consistet)t ￿th the use of
TesoUTc￿.
Tangible fLxed *$$¢ts
Depreciatioii is provided ai the lollowing a[￿Ual Fates in order tu write off each a55d over its estimated useful
life.
Fixtures and fittings
Compuier equipment
200/0 on cost
33/0 on cost
Mixcd use proptrty should be separated between inve5ttnenl PTopeny and propety held for operational use as a
tangtble fixed asset. However. the fair value of ihe inv¢slJllent prO￿rty ¢omp¢)nenl cannot be measured reliably,
the entire property is iherefore accounted foT as propety withÈn langible fixed ￿et$.
TA￿tIoN
The charily i5 eKefftpt from torpoTatii)n tax on its charitable aciiviri&8.
Fund accouts¢ing
UnJYstricted funds can be used in accordance wilh the charitable objectives at the di&crfflion of the trusitts.
Restricted funds. can only ￿ used for pani¢lllar r¢siri¢ted purpob¢% within the objects of the ¢harity. Re%irictions
arise when spe¢ifJ¢d by the donoi or when furtds" are raised for particular ￿￿n¢¢ed PUTpose%.
Furthtrexplanalion of Ihe iiature and purpose of &wh fund ].% included in the noies to the financial &taiemenr&
Page 12
coniinued..

FLEETWOOD TRUST
ISOTES TO THE b"INANCIAI, STATEMENTS- continued
for the )'e*r eDded JI ￿l￿rth 2025
DONATIONS AND LEGACIES
2025
20?4
Donation5
Grant%
6.23.1
9(H.310
8.239
804,689
910.543
812,9?8
GTants receive￿ included in the abov< are as follomrs:
20?5
2024
Social Invesimcnl Business Grdnl
Blackpool & l.ylde College
Princes Foiindation
Wyre Courtil Youth Fund
Gartield Weslon
UKSPF Grant
554,310
516,133
15,(K)O
15,000
8,556
250.000
350.000
9()4.310
804.689
OTHER TIL4DING ACTIVITIES
20?5
NWAS contribution
48,523
INVESTMEf+fi INCOML
2025
2024
Rents received
I￿￿￿¢t ￿¢mIni interest
132,828
2.886
96,866
1.386
135,714
98,252
SUPPORT COSTS
Governanee
Managetnent
Finance
Raising donations and lega¢ie8
3<M).208
107
22.933
J23248
Page 13
continued...

FLETr.TWOOD TRUST
NOTES TO THE FIN.4NCIAL S1'ATEMENTS- continued
for the year ended 31 Murch 2025
NF.T INCOMEI(EXPF.NDITURE>
Net incomellexpendiiurel li %tat¢d after Chargin￿{£TedlIlA￿)'.
2025
Audilors, remuneration
A¢¢ountancy fe
Depteeiation- owned a55ets
3,555
1.445
74.373
1,445
5,978
TRUSTEES, REMUNERATION AND BLIYEFITS
lliere weTe no trusteeg remuneration or other b¢n¢fi15 foi the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees. expen5e5
There were no tTU5t¢cs' cApcns¢s paid forthe year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
2025
2024
Wages and salaries
65,532
60,959
65,532
60.959
The averdge monthly numberofemploytts during the year wa5 as follows:
2025
2024
M￿age1￿C￿t
No employees received effltsluinenLS in ex¢e5s of £60,0(K).
COMPARATIVES FOR TUE S'I'AI'FMENT OF FI￿.ANcIAL ACI'IVITIES
Unre%lricted
fund
R¢siricied
funds
Total
lunds
INCOME AND ENDOWIMENTS FROM
Donaiions and legaci¢s
272,882
540.046
812.928
Other trading ￿tiVitI
Invcstrnent income
48.523
98252
48,523
98252
Totsl
419,657
540.046
959,703
F,XPENDITURE ON
Charitable activities
117.025
20.094
137.119
Other
11,580
11580
Tfjt41
128,605
20.094
148.699
NET INCOME
291.05?
519,952
811,0(M
Page 14
continued...

FLkE'fwooD TRUST
OTFS TO THE FINLYCIAL STATEMENTS- eontlnued
for iht )'ear ended 31 M8r¢h 2025
COMPARATI1￿ FOR THE STATEMETr4T OF FINANCIAL ACTIVITEES- tontinued
Unrestricted
Restncled
fund
Total
funds
Trinsfers lJ¢twttn thnd5
?10
i?10)
r4et ￿0￿¢￿ent in funds
291.262
519,742
8ll.(KJ4
RECOTrICILIATION OF Truf4DS
TO￿ funds bn)ught forward
1.723,370
127.741
TOTAL FUNDS CARRIED FORWARD
2.OL4,63?
647.483
2.662.115
AO.
TANGIBLE FIXED ASSETS
Fixlures
and
ritiings
Freehold
pryrty
Computer
equiptnent
COST
At l April 2024
Additions
2,534.621
944233
34.332
395
2216
2.571.169
944.628
Ai 31 MaTch 2025
3.478,854
34.727
2216
3.515.797
DEPRECIATION
At l April 2024
Charge for year
11.442
4.657
13,375
74.373
69,577
139
At_Il March 2025
69,577
16,099
2.07?
87.748
NET BOOK VALUE
At 31 March 2025
3.409,277
18,628
3,428,049
Al 31 March 2024
2,534,641
22.890
283
2,557,794
ii.
DEIJTORS: AMOUNTS FALLINC. DUE WITHIN ONE YEAR
2025
2024
Debtors
V A'J.
5?.700
2,332
150,870
69.952
55.032
220.822
Page 15
continued...

FLEL'nVOOD TRUST
OTES TO THE Fif4ANCIAL STATE￿IEY[s- ¢(fvntlnued
for the year ended 31 Marrh 2025
12.
CRLDITORS: AMouf+iTS FALLING DUE WITHI1¥ ONE YEAR
2025
2024
Bank loans and oi'erdrdfts {5ee note 14)
Creditors
Social security aNI other laK
(hher Credito
A¢¢ruals and deferred income
73.754
5,279
1.587
49?
38.752
23.030
196,819
20.620
119,864
240.469
13.
CREDITORS: A￿louNTs bALLING DUE AWTER MORE THAN ONE YEAR
2024
Bank loans (s¢¢ note 14)
99,110
14.
LOANS
An analysis of the ma¢uriiy of l¢)an5 is given below..
2025
2024
AmounLS falling due ivithin one year on demantL.
Bank overdrnfts
Bank loans
50,0(K)
23.754
23.030
23,030
Arnounls falling between one and two yewy..
Bank loans
99,110
117,611
Is.
MOVEMEf41" IN FUNDS
Transfers
b￿we
funds
movemeni
in fun(ts
At
31r3125
AÈ 114PJ
Unrestritted fvnds
General FLind
2.014.632
(33.9081
1,980.724
Restrlrted futtds
Social Envestmenl Business Grant Fund
Collegc Fund
Space Oasis
Fa¢ilitie% Fund
Soci£il Invesrment Business Grant Building
Reserve
UKSPF Fund
427.506
(1,4221
(2,593)
(7(K))
(427,51XS1
71.100
12.965
35.IK)O
69,678
34,300
528.418
(19,1181
42751
9_36,806
343.(K)O
647,483
746,673
1.394,156
TOTAI, FUNDS
2.662.115
712.765
3,374,880
Page 16
continued...

'LkETWOOD TRUST
NOTES TO THE I'INANCIAL s'fA'fkMEiYfs- continued
for th¢ }'ear ended 31 March 2025
15.
MOVEMENT IN FUNDS- continued
Net movemeni in funds., included in the above are as follows-
IncotTring
rtsources
Re¥Durtes
expended
Movement
in fvn&
Unrestricted fund5
Generdl r.und
14L,947
{175,855)
(33.￿8>
Restricted fund5
Social InV￿ment ￿lnesS Grant Fund
College Fund
Spa¢e Oasis
Facilitie5 Fund
Social ljivestinent Busine55 GTant Building
554,310
(1?6.8041
11,4221
12,59.11
(700)
427.506
{1.42?)
(2.593)
17(XJ)
(19.1181
(7,(KKJ)
119,118)
343.000
UKSPF Futid
350,LN)O
904,310
(157.637)
746.673
TOTAL FUNDS
1,046,257
{3.3.3.492)
712.765
comparativ￿ for movement In funds
Net
movement
in funds
Tran%fers
between
funiL
At
3113124
At L14123
Unr¢$trl¢ted funds
General Fund
1.723,370
291,052
210
2,014.632
Restiicted fund5
S¢xial Investment Busincs5 Grant Fund
College Fund
Space oosis
Facilities Fund
Social Investment Businoqs Grant Building
Rttscrve
10,137
56.100
16,206
35.000
508,193
15,(XK)
(3241)
(518,330)
71,100
12,965
35,OLK)
10.298
518,120
598,418
127,741
519.952
(?io)
647,483
TOTAL FUNDS
811.004
?,662,115
Page 17
continued...

FLEETWOOD'fRUST
NOTES TO THF, FINANCJAL STAI"LMENTS- eontinued
for the Ve￿ ended JI M8r¢li 2025
15.
MOVE,MENT IN FUNDS- eontinued
Compar*iv¢ nei movement in fvDd5, in¢lud¢d in the above are as follows..
Incoming
Rv4our¢e
expended
Mov¢ment
in fundb-
UDrestriettd funds
General FutKI
419.657
{128,605)
291,052
Restrl¢ted fund5
Comrnunily Kitchen Fund
Social Inv￿l￿ent B￿￿inesS Grant Fund
Colle¥e Fund
Space Oasis
WyTe Council y(￿th lund
357
516,133
15.OUO
(357)
(7.940)
508,193
15.(KM)
(32411
lJ.241)
{8.556}
8,556
540,046
120,0941
519.952
TOTAL FUNDS
959,70J
(148.699)
811.f
A Current year 12 months and PriOT year 12 months ¢ombined position 15 a￿ follows".
Nct
mov¢Jnent
In funds
Trdnsfers
b￿wccn
funds
At
311.3125
At 114123
Unrestricted fvnds
Gencral FUJ
1.72.3,170
257.144
210
1,980,724
Restrlcted funds
Social tnvestment E￿In￿5 Grdnl Fund
Colle¥e Fund
Space O&si8
Facilitie5 Fund
So¢tal Invc¢ment Busine&8 Grani Building
Reserve
UKSPF FutKI
10,137
56.100
16,206
35.000
935,699
13,578
(5,834)
(7(￿)
{945,836)
69,678
10,372
34,3(X)
10,298
(19.118)
343,0(K)
945,626
936,806
127.741
1,266,625
{2101
1,394,156
TOTAL D UNDS
1521,769
3J74.880
Page 18
continued...

FLEETWOOD TRusr
NOTLS TO THF. FINANCIAL STATEMENTS- toll11￿utd
for Ihe Trear ended 31 Mwcb 202S
15.
MOVEMENT IN FbT4DS- roti¢inued
A current year 12 months and prior year 12 rnonth% combined net movement in fund& included in the above are
as follows-.
Incomtng
resource5
Movetncnt
in funds
cxpended
Unre51ricted
Gcneral Fund
561,604
(304,4601
257,144
Restricted fund5
Community Kitchen Fund
Social Inve51rnent Busines5 Gratjt Fund
Colltge Fund
Space Oasis
Faciliti￿ Fund
S(tial Invesimeni Busin¢￿ Gt3ni Building
Reser¢e
Wyre Council Youth Fund
UKSPF I'"und
357
1,070,443
15,0(K)
(357)
1134.744)
11,422)
15,834}
(7￿)}
935,699
13,578
(5.814)
{71J))
119,1181
(8,5561
{7,0￿)
8,556
350.(KJO
343,IMYJ
1.444.356
(177.731)
1,266.625
TOTAL F￿¥Ds
2,005.960
1482,191)
1,523.769
All of the charity's fund5. were created ￿,he￿ the charity Teceii'ed grants. tst don￿lOn5 towards the specific purpose
ot'ihese projec1&
'I'he Sociol Investment Business Grani Building Reserve represents cosLs expcnded fn)m the the Social
Investsnent Bu.sin¢&s Grnnt on ¢apiial expenditure. Thi% amount ha5 not been released to General R￿erv￿ &
thett are ¢onditiOnS attached to the fuJ]ding which ¢ould reslllt ID claknk of the fundin8 UP to the poini the
building work is si¥ned otT.
i&
RELATED PARTY DISCLOSURES
Therr were related party tran%a¢tiOTLS for the ycar ended 31 MaT¢h 2025.
Page 19

FLEETWOOD TRUST
DETAILbD STATEMENT OF FINANCIAL ACTIVITIES
for the yeAr ended 31 M8rch 2(125
2025
2024
INCOME AiYD E"NDOWMENTS
Donailolls #nd le##¢ies
Donations
Giants
6,233
904.310
8.239
804.689
910541
812.928
Other trAdlng a¢thldes
NWAS contrtbulion
48.523
IrLvestment Income
Rents received
Dq)osit account interest
132.828
2,886
96.866
,386
135.714
98.252
TotAI incoming resovrees
1.<)46.257
959.703
EXPENDITURE
Other
Bank inteT¢St
Bank loan inierest
10244
11.578
10.244
11,580
Support eosts
Iq4nAgem¢nt
Wages
IrLSUtance
Lighi. heat and power
Telephone
FfFC Commiiniiy Tn1￿ Yollih Huh
Advertising
SL¢ndries
Repairs & maintenance
'I'Favel
Training & rccruitrnent
&)ftWa￿ & computer
Cleaning
Freeliold property
Fixluies and fittings
Computer equipment
65,532
3.887
18,801
2,741
112,608
1,938
60.959
16,479
li.064
2,694
6,244
16,426
1,916
1,540
1.303
3.654
1.314
1,739
69,577
4.657
139
5.722
256
300,208
133.535
FiD&nc¢
k Charges
107
This pa¥e doc5 not fotTn part of the &*uiOry financial statements
Page 20

FI,EETIVOOD TRUSI.
DETAILED STATF.MENT OF FINANCIAL ACTIVJ"I"IES
for the Tr'eor ended JI Mareh 2025
2024
inance
Covern#nee eosts
Allditorl remunerdlioll
Auditotg remuneration for non audil work
Legal and prote5sional fees
3,555
1,44)
17.933
1,445
2.035
22.933
3,480
Total resource5 expended
331,492
148.699
L¥et income
712.765
811,004
Thi5 pag¢ does not fomi part of the statutory financi￿ statements
Page 21