## The Valley Project
Charity number 1182026
## Annual Report and Financial Statements
for the year ended 31 March 2026
## The Valley Project
## Annual Report and Financial Statements for the year ended 31 March 2026
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 6|
|Examiner's report|7|
|Statement of financial activities|8|
|Balance sheet|9|
|Notes to the accounts|10 to 15|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Valley Project
## Trustees' report for the year ended 31 March 2026
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
**Position Dates** John Waddington James Lang Treasurer Elizabeth Robinson Matthew Edwards Interim Chair Luke Dennison
## **Charity number**
1182026 Registered in England and Wales
**Registered and principal address Bankers** The Valley The Co-operative Bank plc Stirling Crescent PO Box 250 Bradford Skelmersdale BD4 0FJ WN8 6WT
## **Independent examiner**
Michelle Westmoreland CGMA
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 13 February 2019 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed for a term of three years by resolution at a properly convened meeting of the charity trustees.
2
## The Valley Project
## Trustees' report (continued) for the year ended 31 March 2026
## **Objectives and activities**
## **The charity's objects**
To advance in life, relieve and help children and young people of Holme Wood and surrounding areas of Bradford through:
(a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;
(b) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
## **The charity's main activities**
To provide and support in the provision of facilities and activities in the interests of social welfare for recreation, education or other leisure time occupation of individuals or groups who have need of such facilities by reason of their youth, disability or social circumstances, with the object of improving their social and emotional development, physical and mental health, educational attainment and community involvement and therefore contributing significantly in decreasing anti-social behaviour.
## **Public benefit statement**
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular:
(a) an enhanced quality of life and sense of well-being through engagement with and participation in activities and events that bring people together, leading to improvements in physical and emotional well-being, quality of life and a more stable and cohesive community;
(b) increased opportunities to engage in new activities that bring people together, leading to greater social cohesion and fulfilment;
(c) enhanced active citizenship and involvement in community life.
## **Achievements and performance**
## **April 2025 – March 2026 in a Nutshell**
The Valley Project entering it’s 8[th] year continues to offer high quality services to the children and young people of Holme Wood. Much more than the Adventure Playground that was originally envisioned the outcomes being produced and differences in the children and young people is phenomenal. They are stretching this project further and further increasing it’s reach and welcoming ever more children into The Valley Family. The children have developed very high standards and are creating a real community who teach, learn and help one another.
Around this social experiment The Valley Project have been able to develop interests and provide new experiences. Working with Bradford 2025 the children and young people wrote, illustrated and had a book printed based on their lives and their struggles to get to their safe space “The Valley Project”. We held a book launch and copies were placed in the local library and schools. With this funding we also kicked off the summer with a hugely popular family day with live bands and garden fete stalls created and manned by our young leaders.
Chess has become very popular, starting with one game this has grown into daily chess matches, a 25m chess board and giant chess pieces complementing traditional games. These games have been remarkable in the way they have engaged children of all ages and abilities. We have noticed that many of our neurodiverse children and young people excel at the game, the concentration and engagement of different parts of the brain during the matches seems to provide a relaxation with masking reduced or dropped, conversations more open and an obvious positive impact on the children and young people’s mental health.
3
## The Valley Project
## Trustees' report (continued) for the year ended 31 March 2026
## **Achievements and performance (continued)**
Towards the end of last year, we secured commissioning from JU:MP to provide 2 Activity Coordinators to work in Holme Wood for 12 months. This was timely as it allowed several organisations, including “The Valley” to address their capacity issues whilst introducing more consistent activities for the children and young people.
The Valley Project secured funding through JU:MP to support grassroots football club TONG FC with much needed training equipment, 5 Community Play Kits have been purchased and distributed to organisations on the estate and a new bike maintenance and skills course arranged to start this Easter.
Our young leaders have been instrumental in driving the community side of the JU:MP project through consultation and delivery.
Alongside our daily sessions The Valley Project have also delivered enrichment programmes including: skills licences (gaining transferable life skills such as tool use, cooking, gardening, animal care), Young Leaders Plus (supporting organisational decision making, tracking volunteer hours, recognised qualifications), career workshops (building aspirations and future employability), HAF (Holiday activities & Food), bike maintenance/skills training, local social action (community markets, coffee shop volunteering, elderly befriending, etc.), Holmewood Youth Partnership, grow-cook & eat sessions, Valley Connect (121 & small group mental health support) and more.
## **Direct Delivery**
The Valley Project footfall remains consistent, this is due to capacity issues rather than a normalisation of attendance. With our current staffing levels and funding always an issue, we are struggling to address this at the moment. However, our footfall remains high at 15,200 children and young people a year. 57% of these are girls and 30% young people a demographic that has seen a rapid increase over the last year due to a lack of services that they are willing to engage with. Our children attend 25 different schools between them and The Valley can be the only place they meet.
The Valley Project have delivered 250 open access sessions this year with an average of 61 children per session.
Although our Tots sessions were suspended, we encouraged families and parents of young children to attend on a Saturday, this has been very successful and enabled people from different backgrounds and areas of Holme Wood to meet and become friends as their children play together.
## **Staff Development**
The Valley Project core staff team remains stable which in turn helps us to deliver a consistent service and allows room for growth within the team. Enhanced by our casual team who complement our existing skills during our busier months and holidays.
We have employed one of our young leaders on a Saturday so they can gain valuable work experience and our first apprentice is close to being qualified and two other members of staff will shortly have gained a Level 2 qualification in Playwork. The staff team have expressed a desire to learn more about Neurodiversity and inclusion as we find that an ever-increasing number of our children and young people are receiving a diagnosis or are struggling due to a lack of a diagnosis.
## **Social Welfare Support**
The Valley Project served 25,000 sessional meals for all who attended. This meal has become a staple for all children and young people who attend with our meals being treated as one of their 3 a day, we often hear parents shouting “make sure you eat at The Valley”. Inchurches continue to support this programme through their donations of intercepted food. However, they themselves have seen a reduction in donations so we find ourselves having to supplement the ingredients more through our finances.
4
## The Valley Project
## Trustees' report (continued) for the year ended 31 March 2026
## **Achievements and performance (continued)**
## **Site Development**
It sounds crazy but we need more space to be creative! To this end we are in a process of securing a further acre of land connected to our current site that has been fly tipped and abused for years. We understand that to make any real change we have to listen to the children and young people in their environment. It has become apparent they want a place they can hang out with their bikes with minimal intervention, an exciting flow track, somewhere they can stay out of trouble; they see this land as the answer. Our young leaders will lead on making this a reality over the next year.
The Valley Project’s site inspection has also been carried out and we were praised for the depth of Playwork that was on show.
## **Volunteers and Donations**
Social Action from large private companies has helped maintain The Valley Project site throughout the year, again this is priceless as the site and creativity of the children and young people expands.
These connections have inevitably led to further donations of materials for the children and young people to use.
## **Achievements**
Having featured prominently in the Raising the Nation Play Commission’s Report The Valley Project were invited to The House of Lords for the presentation of the report. This has raised our profile significantly.
The Valley Project successfully tendered for a 3-month contract to employ two further members of the community to deliver a 3[rd] party project around increasing physical activity in children and young people in Holme Wood. The tender was in partnership with 2 other local organisations and it has already started to address some of the issues faced.
## **Challenges**
Solid statutory partnerships with the local authority and Children’s Trust are difficult to develop and maintain. Although the value, impact and saturation of TVP is widely recognised we are unable to open effective two-way communication, we need to address this at a high level.
We have noticed school exclusions, isolation and removal increasing and at an earlier age leading to children as young as 7 receiving reduced timetables of just 2 days a week. Larger numbers of children are being taken out of school to be home educated leading to isolation from their peers, mental health issues and difficulties with social interaction. To support these children, we need to employ additional staff as their needs can be more complex.
Holme Wood is a recipient of the Pride in Place funding. With an independent body set up to run the project we hope that this will be able to bring further match funding into the area to support what is important to the people of Holme Wood.
Although there have been conversations that this funding could adversely affect the local VCS sectors attempts to secure much needed funding, we feel it could have the potential to complement what we are trying to achieve.
5
## The Valley Project
## Trustees' report (continued) for the year ended 31 March 2026
## **Achievements and performance (continued)**
## **Going Forward**
Funding is our main concern. We have come to the end of several longer-term grants and the funding landscape has become extremely challenging. We continue to apply for grant funding which can be exhausting, time consuming and disheartening. However, we are also looking towards securing commissioning from statutory bodies, The Valley Project need to be in conversations at a more strategic level with decision makers not only around funding but around the recognition of the importance of The Valley Project in the lives of the children, young people and wider Holme Wood community.
To support these conversations, we are in the process of creating a new, vibrant marketing and publicity strategy to engage with the private sector. This will include looking at ways to future proof the project. In addition, we are in talks with a university around a research project enabling The Valley Project to better quantify it’s outcomes for the statutory sector.
Increased organic youth engagement will have to be addressed through partnerships and project funding as with this increase comes increased cost and expertise.
With a lot of the background work into the new land and possible bike track already complete we need to now attract local partners and finance towards the project, this will involve the young people of Holme Wood heavily.
## **Financial review**
The net expenditure for the year was £24,832, including net expenditure of £18,590 on unrestricted funds and net expenditure of £6,242 on restricted funds after transfers.
## **Reserves policy**
The Valley Project aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure or in a worst-case scenario the cost of winding up the charity. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are covered.
Reserves can be spent to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure.
The reserves policy needs to be reviewed annually to secure The Valley Project’s long-term financial sustainability.
As of 31st March 2026, The Valley Project’s unrestricted reserves stand at £25,470, which is below the lower end of the aimed range of £33,500 - £66,600.
Approved by the board of trustees on 14/7/26
James Lang (Trustee)
6
## The Valley Project
## Independent examiner's report to the trustees of The Valley Project
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2026, which are set out on pages 8 to 15.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since the CIO's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a fellow of CIMA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
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 accounts to be reached.
Michelle Westmoreland CGMA
14/7/26
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
7
## The Valley Project
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2026
|Notes
2026
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
3,235
Other income
143
Contracts
27,236
**Total income**
30,614
**Expenditure on:**
Salaries and payroll charges
(3)
12,388
Freelance costs
-
Staff expenses
600
Utilities
557
Insurance
750
Equipment
1,503
Consumables
131
Repairs and maintenance
50
Business rates
-
Van costs
444
Payments to delivery partners
17,256
Depreciation
29,041
Independent examination
1,347
Phone, internet and website
-
**Total expenditure**
64,067
**Net income / (expenditure)**
(33,453)
**Transfers between funds**
(4)
14,863
**Net movement in funds**
(18,590)
**Fund balances brought forward**
69,508
**Fund balances carried forward**
(4)
50,918|2026
Restricted
funds
£
227,586
-
-
227,586
159,531
7,281
4,046
5,062
6,547
3,758
15,679
7,779
838
8,094
-
-
-
350
218,965
8,621
(14,863)
(6,242)
86,507
80,265|2026
Total
funds
£
230,821
143
27,236
258,200
171,919
7,281
4,646
5,619
7,297
5,261
15,810
7,829
838
8,538
17,256
29,041
1,347
350
283,032
(24,832)
-
(24,832)
156,015
131,183|2025
Total
funds
£
252,467
190
2,196
254,853
154,669
7,423
2,566
3,333
6,033
8,963
9,449
16,435
339
7,905
-
25,327
1,308
360
244,110
10,743
-
10,743
145,272
156,015|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
8
## The Valley Project
## Balance sheet
|as at 31 March 2026
2026
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
25,448
**Total fixed assets**
25,448
**Current assets**
Debtors and prepayments
(6)
250
Cash at bank and in hand
(7)
34,587
**Total current assets**
34,837
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
9,367
**Total current liabilities**
9,367
**Net current assets / (liabilities)**
25,470
**Net assets**
50,918
**Funds**
Unrestricted funds
50,918
Restricted funds
-
**Total funds**
50,918|2026
Restricted
£
-
-
1,664
78,601
80,265
-
-
80,265
80,265
-
80,265
80,265|2026
Total
£
25,448
25,448
1,914
113,188
115,102
9,367
9,367
105,735
131,183
50,918
80,265
131,183|2025
Total
£
39,626
39,626
2,161
118,712
120,873
4,484
4,484
116,389
156,015
69,508
86,507
156,015|
|---|---|---|---|
The financial statements were approved by the board of trustees on 14/7/26
James Lang (Trustee)
9
## The Valley Project
## Notes to the accounts
## for the year ended 31 March 2026
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Project and office equipment: over 4 years Fixtures and fittings: over 4 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
10
## The Valley Project
## Notes to the accounts continued
## for the year ended 31 March 2026
|**2 Grants and donations**
Archer Trust
Awards For All
Better Youth Spaces
Bradford Metropolitan District Council (BMDC)
Brelms Trust
City Challenge
Gosling Foundation
InCommunities
Pears Youth Fund
Scurrah Wainwright
Sovereign Healthcare
The Bartlett Group
The National Lottery Community Fund (NCLF)
TNL Partnership Grant
Bradford District Community Foundation
Charles and Elsie Sykes Trust
Emerge UK (Lottery partnership)
Hedley Foundation
Manjit Wolstenholm
Sir Ken and Lady Morrison Fund
Trusthouse Charitable foundation
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions
Payroll charges|2026
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,235
3,235|2026
Restricted
funds
£
2,000
20,000
14,863
42,506
6,000
3,000
2,500
10,000
10,000
3,000
2,500
10,000
84,245
16,972
-
-
-
-
-
-
-
-
227,586|2026
Total
funds
£
2,000
20,000
14,863
42,506
6,000
3,000
2,500
10,000
10,000
3,000
2,500
10,000
84,245
16,972
-
-
-
-
-
-
-
3,235
230,821
2026
£
162,045
15,785
(10,500)
2,833
1,756
171,919|2025
Total
funds
£
-
-
-
50,580
-
-
-
-
-
-
-
10,000
93,904
-
25,000
2,000
20,370
2,500
10,165
5,267
30,000
2,681
252,467
2025
£
144,527
11,015
(5,000)
2,650
1,477
154,669|
|---|---|---|---|---|
The average number of employees during the year was 12.3, being an average of 8.2 full time equivalent (2025: 10.8, 6.4 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2026|2025|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|2,833|2,650|
11
## The Valley Project
## Notes to the accounts continued for the year ended 31 March 2026
|**4 Restricted funds**
Trusthouse
Reaching Communities
HAF Bradford Council
Sir Ken & Lady Morrison
Bradford 2025
JCT600 Driving Brighter Futures
Awards For All
Manjit Wolstenholm
Hedley Foundation
C & E Sykes Trust
Sovereign Healthcare
TNL Partnership Grant
City Challenge
Bartlett Foundation
Pears Youth Fund
Gosling Foundation
InCommunities
Archer Trust
Better Youth Spaces
Scurrah Wainwright
Brelms Trust
Tudor Trust|Balance b/f
£
11,050
2,550
11,557
5,267
14,966
10,000
16,972
9,145
2,500
2,000
-
-
-
-
-
-
-
-
-
-
-
500
86,507|Incoming
£
-
84,245
42,506
-
-
-
20,000
-
-
-
2,500
16,972
3,000
10,000
10,000
2,500
10,000
2,000
14,863
3,000
6,000
-
227,586|Outgoing
£
11,050
76,307
49,354
5,192
14,966
9,875
16,575
9,045
1,754
2,000
2,500
16,847
3,000
-
-
-
-
-
-
-
-
500
218,965|Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(14,863)
-
-
-
(14,863)|Balance c/f
£
-
10,488
4,709
75
-
125
20,397
100
746
-
-
125
-
10,000
10,000
2,500
10,000
2,000
-
3,000
6,000
-
80,265|
|---|---|---|---|---|---|
## **Fund name**
Trusthouse Reaching Communities HAF Bradford Council Sir Ken & Lady Morrison Bradford 2025 JCT600 Driving Brighter Futures Awards For All Manjit Wolstenholm Hedley Foundation C & E Sykes Trust Sovereign Healthcare TNL Partnership Grant
City Challenge Bartlett Foundation Pears Youth Fund Gosling Foundation InCommunities Archer Trust Better Youth Spaces
Scurrah Wainwright Brelms Trust Tudor Trust
## **Purpose of restriction**
Towards core running costs. Core running costs. To provide food and activities during all school holidays.
To develop early literacy skills during our Valley Tots sessions. To deliver creative workshops and resources.
To continue mental health support for all our young people. To continue mental health support for all our young people. To deliver different educational skills licenses To support Young Leaders sessions. Contribution to core costs To deliver a grow, cook & eat project.
Towards the running of an extra session a week and also increasing networking and partnership between local youth organisations. Contribution towards Van Hire.
To deliver Young Leader Plus & Career Workshops. Delivery of the ‘Going with the Flow’ project. To deliver a ‘Tool License’ project. Contribution to core costs. To deliver the ‘TVP Licenses’ project.
Capital build project – building a new sheltered space under our current balcony. The transfer relates to the purchase of fixed assets for the general purposes of the charity. To deliver a grow, cook & eat project. Contribution to core costs Towards core running costs.
12
## The Valley Project
## Notes to the accounts continued
## for the year ended 31 March 2026
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
£
£
At 1 April 2025
-
-
Additions
-
-
At 31 March 2026
-
-
**Depreciation**
At 1 April 2025
-
-
Charge for year
-
-
At 31 March 2026
-
-
**Net book value**
At 31 March 2026
-
-
At 31 March 2025
-
-
**Debtors and prepayments**
Prepayments
**Cash at bank and in hand**
Cash at bank
Cash in hand
**Creditors and accruals**
Accruals
Deferred income (Jump Active Bradford contract)
Class 3
Class 4|£
96,197
14,863
111,060
66,463
19,964
86,427
24,633
29,734
Fixtures
and fittings|£
50,990
-
50,990
41,098
9,077
50,175
815
9,892
2026
£
1,914
1,914
2026
£
113,179
9
113,188
2026
£
1,347
8,020
9,367
Office
equipment|Total
£
147,187
14,863
162,050
107,561
29,041
136,602
25,448
39,626
2025
£
2,161
2,161
2025
£
118,649
63
118,712
2025
£
1,308
3,176
4,484|
|---|---|---|---|---|
13
## The Valley Project
## Notes to the accounts continued
for the year ended 31 March 2026
## **9 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The total employee benefits received by key management personnel were £93,634 (previous year: £80,034).
14
## The Valley Project
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2026
|2026
2025
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
3,235
2,681
Other income
143
190
Contracts
27,236
2,196
**Total income**
30,614
5,067
**Expenditure**
Salaries and payroll charges
12,388
1,821
Freelance costs
-
1,001
Staff expenses
600
-
Utilities
557
-
Insurance
750
-
Equipment
1,503
201
Consumables
131
362
Repairs and maintenance
50
-
Business rates
-
-
Van costs
444
-
Payments to delivery partners
17,256
-
Depreciation
29,041
25,327
Independent examination
1,347
1,308
Phone, internet and website
-
-
**Total expenditure**
64,067
30,020
**Net income / (expenditure)**
(33,453)
(24,953)
**Transfers between funds**
14,863
-
**Net movement in funds**
(18,590)
(24,953)
**Fund balances brought forward**
69,508
94,461
**Fund balances carried forward**
50,918
69,508|2026
Restricted
funds
£
227,586
-
-
227,586
159,531
7,281
4,046
5,062
6,547
3,758
15,679
7,779
838
8,094
-
-
-
350
218,965
8,621
(14,863)
(6,242)
86,507
80,265|2025
Restricted
funds
£
249,786
-
-
249,786
152,848
6,422
2,566
3,333
6,033
8,762
9,087
16,435
339
7,905
-
-
-
360
214,090
35,696
35,696
50,811
86,507|2026
Total
funds
£
230,821
143
27,236
258,200
171,919
7,281
4,646
5,619
7,297
5,261
15,810
7,829
838
8,538
17,256
29,041
1,347
350
283,032
(24,832)
-
(24,832)
156,015
131,183|2025
Total
funds
£
252,467
190
2,196
254,853
154,669
7,423
2,566
3,333
6,033
8,963
9,449
16,435
339
7,905
-
25,327
1,308
360
244,110
10,743
-
10,743
145,272
156,015|
|---|---|---|---|---|
15