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2025-12-31-accounts

TREM Heritage Hub

Report and Accounts

31 December 2025

Company Registration Number - 9653361 The Charity Registration Number - 1185136

TREM Heritage Hub

Report and accounts for the year ended 31 December 2025

Contents

Page
Charity information 1
Trustees' annual report 2-4
Statement of directors' responsibilities 5-6
Independent accountant's report 7-8
Funds statements:-
Statement of financial activities 9
Movements in funds 10
Income and expenditure account 10
Balance sheet 11
Notes to the accounts 12-17

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

The trustees present their report and accounts for the year ended 31 December 2025

Reference and administrative details

The charity name is TREM Heritage Hub

The legal name of the charity is:- TREM Heritage Hub.

The charity is also known by its operating name, Trem Heritage Hub.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1185136.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Act. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation. The governing document is dated 23 June 2018 There are no restrictions in the governing documents on the operation of the charity or on its investment powers other than those imposed by charity law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals and listed below:

James Ayoade Adesoji Onadayo Buluro Pastor Onyekachi Ikenna Chidiebere Asugha Abiodun Adesanya

The principal operating address, telephone number, email and web addresses of the charity are:-

96 Romford Road London E15 4EQ Telephone 02082813000 Email Address: hello@tremhub.org Web address: www.tremhub.org

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

1

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

The Trustees in office on the date the report was approved were:-

The trustees are all individuals and listed below:

James Ayoade Adesoji Onadayo Buluro Pastor Onyekachi Ikenna Chidiebere Asugha Abiodun Adesanya

The following persons served as Trustees during the year ended 31 December 2025 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

To advance the Christian religion and to pursue other charitable purposes as the trustees shall from time to time think fit.

The main activities undertaken in relation to those purposes during the year.

Advanced the Christian religion and pursued other charitable purposes as the trustees deemed it fit.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The trustees have complied with the duty in Section 4 of the Charities Act 2006 and paid due regard to public benefit when preparing this report. The benefit provided to the public is consistent with the aims of the charity in United Kingdom.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

The charity's strategies for achieving its aims and objectives in the future.

The charity aims at continuing its charity activities in effectively spreading the ethos, love and hope that Christian faith offers. It also aims at building upon its efforts of community involvement, in its bid to make our community and the larger world a better place for all.

The contribution of volunteers during the year.

The church is grateful for the commitment and efforts of its volunteers who are involved in services provision. During the year under review, the church had volunteers committed to working in various departments within the church. The church continues to dispense the service of heads of departments and ministers to ensure that the best value is derived fom the sterling efforts of the volunteers.

2

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

The management of the church is the responsibility of the trustees and these trustees are elected.

To enhance the potential pool of trustees, the charity has, through selective advertising and networking with voluntary organisations active in the sector, sought to idemnify those who would be willing to become members of the charity and use their own experience to assist the charity.

New trustees may be appointed by resolution of a meeting of the trustees.

Bankers Barclays Bank UK Plc 1 Churchill Place London E14 5HP Accountants Crownwise Consult Ltd Chartered Certified Accountants Unit 13e, First Floor Office 27 Town Square Erith DA8 1SE

Financial review

The charity's financial position at the end of the year ended 31 December 2025

The financial position of the charity at 31 December 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total Funds
Unrestricted Revenue Funds available for
the general purposes of the charity
Net income		 2025
£
(3,189)
9,819
9,819		 2024
£
3,248
13,718
13,718

Financial review of the position at the reporting date, 31 December 2025.

£91,691 was received in 2025, and the income the year 2024 was £82,239.The value of TREM Heritage Hub's net assets as at 31 December 2025 is £9,819 (£13,718 in 2024).

3

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

Policies on reserves.

Restricted funds are to be used for specific purposes as specified within the objects of the charity.Expenditure which meets these criteria, will be identified to the fund, together with a fair allocation of management and support costs.

Unrestricted funds: Unrestricted funds are donations and other incomes received or generated for the objects of the charity without further specified purpose and are available for general funds.

Details of The Independent Examiner

Mr Adeniyi Zaccheus Chartered Certified Accountant Unit 13e, First Floor Office 27 Town Square Erith DA8 1SE

4

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

Statement of the Directors/Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

5

TREM Heritage Hub

Company Registration Number - 9653361

Trustees' annual report for the year ended 31 December 2025

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 9 to 17.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 14 July 2026.

Deacon James Ayoade Director and Trustee

6

TREM Heritage Hub

Report of the Independent Examiner to the Trustees of the charitable company on the accounts

for the year ended 31 December 2025

I report to the Trustees on my examination of the financial statements of the charitable company on pages 9 to 17 for the year ended 31 December 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 12.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 5, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the 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 setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

7

TREM Heritage Hub

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 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;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Adeniyi Zaccheus - Independent Examiner

Chartered Certified Accountants

Crownwise Consult Limited Unit 13e, First Floor Office 27 Town Square Erith DA8 1SE

This report was signed on 14 July 2026

8

TREM Heritage Hub - Statement of Financial Activities for the year ended 31 December 2025

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 December 2025, as required by the Companies Act 2006)

Notes
Income
Donations & Legacies
Investments
Total income
Expenditure on:
Charitable activities
17
Total expenditure
Net income for the year
Reconciliation of funds:-
Total funds brought forward
Adjustment against fund
Total funds carried forward
14		 Current year
Unrestricted
Funds
2025
£
91,691
-
91,691
94,880
94,880
(3,189)
13,718
(710)
9,819		 Current year
Restricted
Funds
2025
£
-
-
-
-
-
-
-
-		 Current year
Total Funds
2025
£
91,691
-
91,691
94,880
94,880
(3,189)
13,719
(710)
9,819		 Prior Year
Total
Funds
2024
£
81,939
300
82,239
78,991
78,991
3,248
11,470
(1,000)
13,718

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 12 to 17 form an integral part of these accounts.

9

TREM Heritage Hub - Statement of Financial Activities for the year ended 31 December 2025

TREM Heritage Hub - Resources applied in the year ended 31 December 2025 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Net resources available to fund charitable activities		 2025
£
(3,189)
-
(3,189)		 2024
£
3,248
(458)
2,790

Movements in revenue and capital funds for the year ended 31 December 2025

Revenue accumulated funds

Unrestricted
Funds
2025
£
Accumulated funds brought forward
13,718
(3,189)
10,529
Adjustment against funds
(710)
Closing revenue funds
9,819
Summary of funds
Unrestricted
and
Designated funds
2025
£
9,819
Total funds
9,819
Revenue accumulated funds
Recognised gains and losses before
transfers		 Restricted
Funds
2025
£
-
-
-
-
-
Restricted
Funds
2025
£
-
-		 Total
Funds
2025
£
13,718
(3,189)
10,529
(710)
9,819
Total
Funds
2025
£
9,819
9,819		 Last year
Total Funds
2024
£
11,470
3,248
14,718
(1,000)
13,718
Last Year
Total Funds
2024
£
13,718
13,718

Income and Expenditure Account for the year ended 31 December 2025 as required by the Companies Act 2006

Income
Income from operations
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Total expenditure in the year
Retained (deficit)/surplus for the financial year		 2025
£
91,691
94,653
227
94,880
(3,189)		 2024
£
82,239
78,764
227
78,991
3,248

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 12 to 17 form an integral part of these accounts.

10

TREM Heritage Hub - Balance Sheet as at 31 December 2025

Notes
2025
£
Tangible assets
6
543
Total fixed assets
543
Current assets
Debtors
7
52,645
Cash at bank and in hand
4,548
Total current assets
57,193
Creditors: amounts falling due
within one year
8
(47,917)
Net current assets
9,276
The total net assets of the charity
9,819		 2024
£
770
770
52,645
8,135
60,780
(47,832)
12,948
13,718
Restricted revenue funds
Unrestricted revenue funds
11
9,819
Total charity funds
The total net assets of the charity are funded by the		 -
-
13,718
9,819
13,718
9,819
13,718
funds of the charity, as follows:-

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Deacon James Ayoade Trustee Approved by the board of trustees on 14 July 2026

The notes attached on pages 12 to 17 form an integral part of these accounts.

11

TREM Heritage Hub

Notes to the Accounts for the year ended 31 December 2025

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

12

TREM Heritage Hub

Notes to the Accounts for the year ended 31 December 2025

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 4.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Freehold premises 2 % straight line Plant and machinery 20 % straight line

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the church and which have not been designated for other purposes

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the church for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

The charity depends on the support of its volunteers, which is much appreciated.

13

TREM Heritage Hub

Notes to the Accounts for the year ended 31 December 2025

5
Staff costs and emoluments
Salary costs
Gross Salaries excluding trustees and key management personnel
Pension
Total salaries, wages and related costs		 2025
£
12,092
677
12,769		 2024
£
11,557
-
11,557

6 Tangible fixed assets

Cost
At 1 January 2025
Additions
At 31 December 2025
Depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024
7
Debtors
Other debtors
8
Creditors: amounts falling due within one year
Accruals
PAYE, NIC VAT and other taxes
Other creditors
9
Income and Expenditure account summary
At 1 January 2025
Surplus after tax for the year
Adjustment against funds
At 31 December 2025		 Land and
Buildings
£
-
-
-
-
-
-
-
-		 Furniture &
Fittings
£
1,132
-
1,132
362
227
589
543
770		 Motor
Vehicles
£
-
-
-
-
-
-
-
-
2025
£
52,645
2025
£
1,000
85
46,832
47,917
2025
£
13,718
(3,189)
(710)
9,819		 Total
£
1,132
-
1,132
362
227
589
543
770
2024
£
52,645
2024
£
1,000
-
46,832
47,832
2024
£
11,470
3,248
(1,000)
13,718
10 Particulars of how particular funds are represented by assets and liabilities
At 31 December 2025
Unrestricted
Designated
funds
funds
£
£
Tangible Fixed Assets
543
-
Current Assets
57,193
Current Liabilities
(47,917)
-
9,819
-
At 1 January 2025
Unrestricted
Designated
funds
funds
£
£
Tangible Fixed Assets
770
-
Current Assets
60,780
Current Liabilities
(47,832)
-
13,718
-		 Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-		 Total
Funds
£
543
57,193
(47,917)
9,819
Total
Funds
£
770
60,780
(47,832)
13,718

14

TREM Heritage Hub

Notes to the Accounts for the year ended 31 December 2025

11 Change in total funds over the year as shown in Note 10 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Total charity funds		 Funds
brought
forward from
2024
£
13,718
13,718
13,718


Movement in
funds in
2025
See Note 12
£
(3,189)
(3,189)
(3,189)

£
(710)
(710)
(710)
Transfers
between
funds in
2025		 Funds
carried
forward to
2026
£
9,819
9,819
9,819

12 Analysis of movements in funds over the year as shown in Note 11

Unrestricted and designated funds:-
Unrestricted Revenue Funds		 Income
2025
£
91,691
91,691		 Expenditure
2025
£
(94,880)
(94,880)		 Other
Gains &
Losses
2025
£
-
-		 Movement
in funds
2025
£
(3,189)
(3,189)

13 The purposes for which the funds as detailed in note 11 are held by the charity are:-

Unrestricted and designated funds:-

Unrestricted Revenue Funds

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

Restricted funds:-

Restricted Fixed Asset Funds

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

15

TREM Heritage Hub

Detailed analysis of income and expenditure for the year ended 31 December 2025 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

14 Donations, grants and legacies

Current year
Unrestricted
Funds
2025
£
91,691
91,691
Investment income
Property Rental Income
-
Total investment income
-
15 Expenditure on charitable activities - Direct spending
Current year
Current year
Unrestricted
Funds
2025
£
12,092
677
8,349
3,270
1,770
29,100
-
1,000
Total direct spending
56,258
Total donations and gifts
from individuals
Donations and gifts from individuals
Gross wages and salaries -
charitable activities
Welfare
Honorarium
Donation
Pension
Food Bank
Musician
Travel and Subsistence -
Charitable Activities		 Current year
Restricted
Funds
2025
£
-
-
-
-
Current year
Restricted
Funds
2025
£
-
-
-
-
-
-
-
-
-		 Current year
Total Funds
2025
£
91,691
91,691
-
-
Current year
Total Funds
2025
£
12,092
677
8,349
3,270
1,770
29,100
-
1,000
56,258		 Prior Year
Total Funds
2024
£
81,939
81,939
300
300
Prior Year
Total Funds
2024
£
11,557
-
6,360
2,350
3,531
29,245
1,100
-
54,143

16

TREM Heritage Hub

Detailed analysis of income and expenditure for the year ended 31 December 2025 as required by the SORP 2015

16 Support costs for charitable activities

Current year
Unrestricted
Funds
2025
£
Employee costs not included in direct costs
800
2,291
7,835
918
2,718
4,738
Administrative overheads
1,154
-
910
1,708
-
1,210
7,401
-
1,061
2,077
Accountancy and professional fees
1,000
2,574
227
Total support costs
38,622
17 Total charitable expenditure
Current year
Unrestricted
Funds
2025
£
Total direct spending
56,258
Total support costs
35,048
Total governance costs
3,574
Total charitable expenditure
94,880
All the expenditure in the prior year was unrestricted.
Accountancy fees
Rates and water charges
Entertainment
Cleaning and waste
management
Property insurance
Light heat and power
Premises repairs, renewals
and maintenance
Volunteer allowance
Books
Subscription
Media
Office expenses
Training
Premises costs
Telephone, fax and internet
Transport
Stationery and printing
Sundry expenses
Depreciation & Amortisation in
total for the period
Other legal and professional		 Current year
Restricted
Funds
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Current year
Restricted
Funds
2025
£
-
-
-
-		 Current year
Total Funds
2025
£
800
2,291
7,835
918
2,718
4,738
1,154
-
910
1,708
-
1,210
7,401
-
1,061
2,077
1,000
2,574
227
38,622
Current year
Total Funds
2025
£
56,258
35,048
3,574
94,880		 Prior Year
Total Funds
2024
£
2,400
1,652
4,239
2,461
1,975
-
978
975
1,360
1,389
3,174
535
119
300
422
1,142
1,000
500
227
24,848
Prior Year
Total Funds
2024
£
54,143
23,348
1,500
78,991

17