2025-03-31-accounts - Oldp CIO

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Annual Report April 2024-March 2025

V 1 03/07/2025

Introduction

OLDP CIO was registered as a Charitable interest organisation in 2019, after starting out as a CIC in 2017. The charity’s strap line is Opportunities for Liberating and Developing your Potential.

We work with Women and Girls to encourage them into careers in the built environment and STEM. We do this through offering opportunities to volunteer, work experience, apprenticeships, training workshops and self-employment services in our initiatives such as the Women’s hub, Deborah All Women handy person service and ‘she’s got games’.

Some of the aims of the Charity are to:

Encourage women into construction and the built environment industries. and
Redress their under-presentation in these areas in the workplace.

By doing so the objectives is to:

Increase the economic activity of Women and Girls and
Increase their income to reduce their poverty level.

Many of the Women and Girls who are supported and serviced by OLDP are from vulnerable disadvantaged backgrounds in some of the poorest areas of Birmingham and the West Midlands.

The charity had 6 trustees and co-opted trustees in the year, all of whom govern and manage the charity in their own volunteer time. The trustees are supported by committee members who encourage and advise them and who work and live in the heart of the communities in which the charity works.

We continue to be grateful for the support of trustees, committee members sponsors, TUAID and Quayside Tower Landlord.

On Behalf of the Trustees

Barbara Quarless

V 1 03/07/2025

Mission

OLDP is on a mission to change the way Women and Girls view their life and career expectation’s, empowering and upskilling them to look beyond stereotypes in work and leisure.

We want Women to look after their wellbeing as well as consider how they can form partnerships and relationships which will benefit their communities. Benefiting communities means spending volunteering hours, as well as monetary pounds.

“Some community currencies give citizens a chance to ‘earn’ income through good deeds like charity work - which helps explain why these currencies have often flourished in areas and at times where many were jobless” BBC 2023

The charity continues to strive to be self-sufficient and not reliant on grants, but on the currency of Women working to sustain Women, which cannot be expressed on a financial statement

V 1 03/07/2025

This Year

This year we have slowly restarted our Deborah team of handy person and decorating services to mainly age UK clients, teaming up with Hayley Robinson

www.paintedlady.com to deliver workshops in the hub space on those themes, ensuring our Women service providers are professional trained.

‘I am absolutely delighted with the 2 professional painters’ Jim in Telford

Moreover, with the help of our 2 apprentice’s we are managing the hub facilities and able to offer space to more Women lead enterprises and more groups who would like to use the meeting space.

V 1 03/07/2025

OLDP CIO

Charity No. 1185732

Company No. CE019140

Trustees' Report and Unaudited Accounts

31 March 2025

OLDP CIO Contents

	Pages
Trustees' Annual Report		2
Independent Examiner's Report		3
Statement of Financial Activities		4
Summary Income and Expenditure Account		5
Balance Sheet		6
Notes to the Accounts	7 to	12
Detailed Statement of Financial Activities	13 to	15

Page 1

OLDP CIO Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE019140

Charity No. 1185732

Registered Office

10 Byron Croft Sutton Coldfield B74 4YF

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

B. Brown

C. Gilkes

B. Quarless

Accountants

BVSC Latham House 33-34 Paradise Street Birmingham B1 2AJ

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

B. Barbara Quarless (Jan 21, 2026 22:16:22 AST) Quarless Trustee

Date: Jan 21, 2026

Page 2

OLDP CIO Independent Examiners Report

Independent Examiner's Report to the trustees of OLDP CIO

I report to the charity trustees on my examination of the financial statements of OLDP CIO for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Andy Hopkins BVSC Latham House 33-34 Paradise Street Birmingham

B1 2AJ 17 January 2026

Page 3

OLDP CIO Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted funds 2025 £ 10,780 28,995 64 -	Total funds 2025 £ 10,780 28,995 64 -	Total funds 2024 £ 2,400 14,963 - 1,784
39,839 14,416 1,680 14,797	39,839 14,416 1,680 14,797	19,147 4,401 3,665 24,662
30,893 -	30,893 -	32,728 -
8,946 -	8,946 -	(13,581) -
8,946	8,946	(13,581)
8,946 17,624	8,946 17,624	(13,581) 31,205
26,570	26,570	17,624

Page 4

OLDP CIO Summary Income and Expenditure Account for the year ended 31 March 2025

Income Interest and investment income Gross income for the year Expenditure Total expenditure for the year Net income/(expenditure) before tax for the year Net income /(expenditure )for the year	2025 £ 39,775 64 39,839 30,893 30,893 8,946 8,946	2024 £ 19,147 -
		19,147
		32,728
		32,728
		(13,581)
		(13,581)

Page 5

OLDP CIO Balance Sheet

at 31 March 2025

Company No. CE019140 Notes 2025 £ Fixed assets Tangible assets 13 - Current assets Debtors 14 18,850 Cash at bank and in hand 17,800 36,650 Creditors:Amount falling due within one year 15 (10,080) Net current assets 26,570 Total assets less current liabilities 26,570 Net assets excluding pension asset or liability 26,570 Total net assets 26,570 The funds of the charity Restricted funds 16 Unrestricted funds 16 General funds 26,570 26,570 Reserves 16 Total funds 26,570	2024 £ - 11,848 14,942
	26,790 (9,166)
	17,624 17,624
	17,624
	17,624
	17,624
	17,624
	17,624

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.

Approved by the board on 31 March 2025

And signed on its behalf by:

Barbara Quarless (Jan 21, 2026 22:16:22 AST)

B. Quarless

Trustee

Date: Jan 21, 2026

Page 6

OLDP CIO Notes to the Accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

OLDP CIO Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor Vehicles 25%% Straight line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Company status

The Charity is a CIO (Charitable Incorporated Organisation) and therefore does not have share capital.

Page 8

OLDP CIO

Notes to the Accounts

3 Statement of Financial Activities - prior year

3 Statement of Financial Activities - prior year
Income and endowments from: Donations and legacies Other trading activities Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Grants External Funding Gift Aid 5 Income from other trading activities Rent income Sale of donated goods Fees for painting and decorating Room hire income	Unrestricted funds 2024 £ - 16,747 16,747 16,725 13,603 30,328 (13,581) (13,581) (13,581) 31,205 17,624 Unrestricted £ 7,980 1,800 1,000 10,780 Unrestricted £ 20,770 395 870 6,960 28,995	Restricted funds 2024 £ 2,400 - 2,400 2,400 - 2,400 - - - - - Total 2025 £ 7,980 1,800 1,000 10,780 Total 2025 £ 20,770 395 870 6,960 28,995	Total funds 2024 £ 2,400 16,747
			19,147 19,125 13,603
			32,728
			(13,581)
			(13,581)
			(13,581) 31,205
			17,624
			Total 2024 £ 2,400 - -
			2,400
			Total 2024 £ 12,411 - 207 2,345
			14,963

Page 9

OLDP CIO Notes to the Accounts

6 Income from investments

Bank interest 7 Other income Other income 8 Expenditure on raising funds Fundraising trading costs Discounts given Costs of painting and decorating Investment management costs Bank interest 9 Expenditure on charitable activities Governance costs Board expenses	Unrestricted £ 64 64 Unrestricted £ 1,200 13,216 - 14,416 Unrestricted £ 1,680 1,680	Total 2025 £ 64 64 Total 2025 £ - -	Total 2024 £ -
			-
			Total 2024 £ 1,784
			1,784

		Total 2025 £ 1,200 13,216 - 14,416 Total 2025 £ 1,680 1,680	Total 2024 £ - - 4,401
			4,401
			Total 2024 £ 3,665
			3,665

Page 10

OLDP CIO Notes to the Accounts

10 Other expenditure

Other expenditure Employee costs Motor and travel costs Premises costs General administrative costs Legal and professional costs 11 Net income/(expenditure) before transfers This is stated after charging: Independent Examiner's fee 12 Staff costs No employee received emoluments in excess of £60,000. 13 Tangible fixed assets Cost or revaluation At 1 April 2024 At 31 March 2025 Depreciation and impairment At 1 April 2024 At 31 March 2025 Net book values At 31 March 2025 At 31 March 2024 14 Debtors Trade debtors Prepayments and accrued income	Unrestricted £ 138 864 1,747 7,638 4,850 (440) 14,797 2025 £ 300 2025 £ 17,123 1,727 18,850	Total 2025 £ 138 864 1,747 7,638 4,850 (440) 14,797 Motor Vehicles £ 5,899 5,899 5,899 5,899 - -	Total 2024 £ - - 1,332 5,180 17,448 702
			24,662
			2024 £ 300 Total £ 5,899
			5,899
			5,899
			5,899
			-
			-
			2024 £ 11,848 -
			11,848

Page 11

OLDP CIO Notes to the Accounts

15 Creditors:

amounts falling due within one year

Trade creditors Other creditors Accruals 16 Movement in funds Restricted funds: Unrestricted funds: General funds Total funds 17 Analysis of net assets between funds Net current assets 18 Reconciliation of net debt Cash and cash equivalents Net debt	2025 £ 4,979 901 4,200 10,080 Incoming resources (including other gains/losses ) £ 39,839 39,839 At 1 April 2024 £	Resources expended £ (30,893) (30,893) Unrestricted funds £ 26,570 26,570 Cash flows £	2024 £ 5,026 - 4,140
			9,166
			At 31 March 2025 £ 26,570
			26,570
			Total £ 26,570
			26,570
			At 31 March 2025 £
	14,942	2,858	17,800
	14,942 14,942	2,858 2,858	17,800
			17,800

19 Related party disclosures *Controlling party*

The charity is a CIO and has no share capital; thus no single party controls the charity.

Page 12

OLDP CIO Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from: Donations and legacies Grants External Funding Gift Aid Other trading activities Rent income Sale of donated goods Fees for painting and decorating Room hire income Investments Bank interest Other Other income Total income and endowments Expenditure on: Costs of other trading activities Discounts given Costs of painting and decorating Investment management costs Bank interest Total of expenditure on raising funds Governance costs Board expenses Total of expenditure on charitable activities Other expenditure Other expenditure Employee costs	Unrestricted funds 2025 £ 7,980 1,800 1,000 10,780 20,770 395 870 6,960 28,995 64 64 - - 39,839 1,200 13,216 14,416 - - 14,416 1,680 1,680 1,680 138 138	Total funds 2025 £ 7,980 1,800 1,000 10,780 20,770 395 870 6,960 28,995 64 64 - - 39,839 1,200 13,216 14,416 - - 14,416 1,680 1,680 1,680 138 138	Total funds 2024 £ 2,400 - -
			2,400
			12,411 - 207 2,345
			14,963
			-
			-
			1,784
			1,784
			19,147 - -
			-
			4,401
			4,401
			4,401 3,665
			3,665
			3,665 -
			-

Page 13

OLDP CIO

Detailed Statement of Financial Activities

Staff training Temporary staff Motor and travel costs Vehicles - General costs Vehicles - Fuel Vehicles - Repairs and maintenance Travel and subsistence Premises costs Rent Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Motor Vehicles Bad debts Bank charges General insurances Software, IT support and related costs Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees Accountancy and bookkeeping Consultancy fees Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains	460 404 864 341 189 791 426 1,747 3,925 1,348 2,323 42 7,638 - - 60 955 713 62 2,400 660 4,850 300 (1,100) 360 (440) 14,797 30,893 - 8,946 8,946 -	460 404 864 341 189 791 426 1,747 3,925 1,348 2,323 42 7,638 - - 60 955 713 62 2,400 660 4,850 300 (1,100) 360 (440) 14,797 30,893 - 8,946 8,946 -	- -
			-
			1,178 - - 154
			1,332
			4,875 305 - -
			5,180
			- 13,603 60 1,230 - - 2,555 -
			17,448
			300 402 -
			702

			24,662
			32,728 -
			(13,581)
			(13,581) -

Page 14

OLDP CIO Detailed Statement of Financial Activities

Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	8,946 17,624 26,570	8,946 17,624 26,570	(13,581)
			31,205
			17,624

Page 15

OLDP CIO

Charity No. 1185732

Company No. CE019140

Trustees' Report and Unaudited Accounts

31 March 2025

OLDP CIO Contents

	Pages
Trustees' Annual Report		2
Independent Examiner's Report		3
Statement of Financial Activities		4
Summary Income and Expenditure Account		5
Balance Sheet		6
Notes to the Accounts	7 to	12
Detailed Statement of Financial Activities	13 to	15

Page 1

OLDP CIO Trustees Annual Report

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE019140

Charity No. 1185732

Registered Office

10 Byron Croft Sutton Coldfield B74 4YF

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

B. Brown

C. Gilkes

B. Quarless

Accountants

BVSC Latham House 33-34 Paradise Street Birmingham B1 2AJ

Signed on behalf of the board

B. Barbara Quarless (Jan 21, 2026 22:16:22 AST) Quarless Trustee

Date: Jan 21, 2026

Page 2

OLDP CIO Independent Examiners Report

Independent Examiner's Report to the trustees of OLDP CIO

I report to the charity trustees on my examination of the financial statements of OLDP CIO for the year ended 31 March 2025.

Responsibilities and basis of report

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Andy Hopkins BVSC Latham House 33-34 Paradise Street Birmingham

B1 2AJ 17 January 2026

Page 3

OLDP CIO Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted funds 2025 £ 10,780 28,995 64 -	Total funds 2025 £ 10,780 28,995 64 -	Total funds 2024 £ 2,400 14,963 - 1,784
39,839 14,416 1,680 14,797	39,839 14,416 1,680 14,797	19,147 4,401 3,665 24,662
30,893 -	30,893 -	32,728 -
8,946 -	8,946 -	(13,581) -
8,946	8,946	(13,581)
8,946 17,624	8,946 17,624	(13,581) 31,205
26,570	26,570	17,624

Page 4

OLDP CIO Summary Income and Expenditure Account for the year ended 31 March 2025

Income Interest and investment income Gross income for the year Expenditure Total expenditure for the year Net income/(expenditure) before tax for the year Net income /(expenditure )for the year	2025 £ 39,775 64 39,839 30,893 30,893 8,946 8,946	2024 £ 19,147 -
		19,147
		32,728
		32,728
		(13,581)
		(13,581)

Page 5

OLDP CIO Balance Sheet

at 31 March 2025

Company No. CE019140 Notes 2025 £ Fixed assets Tangible assets 13 - Current assets Debtors 14 18,850 Cash at bank and in hand 17,800 36,650 Creditors:Amount falling due within one year 15 (10,080) Net current assets 26,570 Total assets less current liabilities 26,570 Net assets excluding pension asset or liability 26,570 Total net assets 26,570 The funds of the charity Restricted funds 16 Unrestricted funds 16 General funds 26,570 26,570 Reserves 16 Total funds 26,570	2024 £ - 11,848 14,942
	26,790 (9,166)
	17,624 17,624
	17,624
	17,624
	17,624
	17,624
	17,624

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.

Approved by the board on 31 March 2025

And signed on its behalf by:

Barbara Quarless (Jan 21, 2026 22:16:22 AST)

B. Quarless

Trustee

Date: Jan 21, 2026

Page 6

OLDP CIO Notes to the Accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

OLDP CIO Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor Vehicles 25%% Straight line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Trade and other creditors

2 Company status

The Charity is a CIO (Charitable Incorporated Organisation) and therefore does not have share capital.

Page 8

OLDP CIO

Notes to the Accounts

3 Statement of Financial Activities - prior year

3 Statement of Financial Activities - prior year
Income and endowments from: Donations and legacies Other trading activities Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Grants External Funding Gift Aid 5 Income from other trading activities Rent income Sale of donated goods Fees for painting and decorating Room hire income	Unrestricted funds 2024 £ - 16,747 16,747 16,725 13,603 30,328 (13,581) (13,581) (13,581) 31,205 17,624 Unrestricted £ 7,980 1,800 1,000 10,780 Unrestricted £ 20,770 395 870 6,960 28,995	Restricted funds 2024 £ 2,400 - 2,400 2,400 - 2,400 - - - - - Total 2025 £ 7,980 1,800 1,000 10,780 Total 2025 £ 20,770 395 870 6,960 28,995	Total funds 2024 £ 2,400 16,747
			19,147 19,125 13,603
			32,728
			(13,581)
			(13,581)
			(13,581) 31,205
			17,624
			Total 2024 £ 2,400 - -
			2,400
			Total 2024 £ 12,411 - 207 2,345
			14,963

Page 9

OLDP CIO Notes to the Accounts

6 Income from investments

Bank interest 7 Other income Other income 8 Expenditure on raising funds Fundraising trading costs Discounts given Costs of painting and decorating Investment management costs Bank interest 9 Expenditure on charitable activities Governance costs Board expenses	Unrestricted £ 64 64 Unrestricted £ 1,200 13,216 - 14,416 Unrestricted £ 1,680 1,680	Total 2025 £ 64 64 Total 2025 £ - -	Total 2024 £ -
			-
			Total 2024 £ 1,784
			1,784

		Total 2025 £ 1,200 13,216 - 14,416 Total 2025 £ 1,680 1,680	Total 2024 £ - - 4,401
			4,401
			Total 2024 £ 3,665
			3,665

Page 10

OLDP CIO Notes to the Accounts

10 Other expenditure

Other expenditure Employee costs Motor and travel costs Premises costs General administrative costs Legal and professional costs 11 Net income/(expenditure) before transfers This is stated after charging: Independent Examiner's fee 12 Staff costs No employee received emoluments in excess of £60,000. 13 Tangible fixed assets Cost or revaluation At 1 April 2024 At 31 March 2025 Depreciation and impairment At 1 April 2024 At 31 March 2025 Net book values At 31 March 2025 At 31 March 2024 14 Debtors Trade debtors Prepayments and accrued income	Unrestricted £ 138 864 1,747 7,638 4,850 (440) 14,797 2025 £ 300 2025 £ 17,123 1,727 18,850	Total 2025 £ 138 864 1,747 7,638 4,850 (440) 14,797 Motor Vehicles £ 5,899 5,899 5,899 5,899 - -	Total 2024 £ - - 1,332 5,180 17,448 702
			24,662
			2024 £ 300 Total £ 5,899
			5,899
			5,899
			5,899
			-
			-
			2024 £ 11,848 -
			11,848

Page 11

OLDP CIO Notes to the Accounts

15 Creditors:

amounts falling due within one year

Trade creditors Other creditors Accruals 16 Movement in funds Restricted funds: Unrestricted funds: General funds Total funds 17 Analysis of net assets between funds Net current assets 18 Reconciliation of net debt Cash and cash equivalents Net debt	2025 £ 4,979 901 4,200 10,080 Incoming resources (including other gains/losses ) £ 39,839 39,839 At 1 April 2024 £	Resources expended £ (30,893) (30,893) Unrestricted funds £ 26,570 26,570 Cash flows £	2024 £ 5,026 - 4,140
			9,166
			At 31 March 2025 £ 26,570
			26,570
			Total £ 26,570
			26,570
			At 31 March 2025 £
	14,942	2,858	17,800
	14,942 14,942	2,858 2,858	17,800
			17,800

19 Related party disclosures *Controlling party*

The charity is a CIO and has no share capital; thus no single party controls the charity.

Page 12

OLDP CIO Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from: Donations and legacies Grants External Funding Gift Aid Other trading activities Rent income Sale of donated goods Fees for painting and decorating Room hire income Investments Bank interest Other Other income Total income and endowments Expenditure on: Costs of other trading activities Discounts given Costs of painting and decorating Investment management costs Bank interest Total of expenditure on raising funds Governance costs Board expenses Total of expenditure on charitable activities Other expenditure Other expenditure Employee costs	Unrestricted funds 2025 £ 7,980 1,800 1,000 10,780 20,770 395 870 6,960 28,995 64 64 - - 39,839 1,200 13,216 14,416 - - 14,416 1,680 1,680 1,680 138 138	Total funds 2025 £ 7,980 1,800 1,000 10,780 20,770 395 870 6,960 28,995 64 64 - - 39,839 1,200 13,216 14,416 - - 14,416 1,680 1,680 1,680 138 138	Total funds 2024 £ 2,400 - -
			2,400
			12,411 - 207 2,345
			14,963
			-
			-
			1,784
			1,784
			19,147 - -
			-
			4,401
			4,401
			4,401 3,665
			3,665
			3,665 -
			-

Page 13

OLDP CIO

Detailed Statement of Financial Activities

Staff training Temporary staff Motor and travel costs Vehicles - General costs Vehicles - Fuel Vehicles - Repairs and maintenance Travel and subsistence Premises costs Rent Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Motor Vehicles Bad debts Bank charges General insurances Software, IT support and related costs Stationery and printing Sundry expenses Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees Accountancy and bookkeeping Consultancy fees Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains	460 404 864 341 189 791 426 1,747 3,925 1,348 2,323 42 7,638 - - 60 955 713 62 2,400 660 4,850 300 (1,100) 360 (440) 14,797 30,893 - 8,946 8,946 -	460 404 864 341 189 791 426 1,747 3,925 1,348 2,323 42 7,638 - - 60 955 713 62 2,400 660 4,850 300 (1,100) 360 (440) 14,797 30,893 - 8,946 8,946 -	- -
			-
			1,178 - - 154
			1,332
			4,875 305 - -
			5,180
			- 13,603 60 1,230 - - 2,555 -
			17,448
			300 402 -
			702

			24,662
			32,728 -
			(13,581)
			(13,581) -

Page 14

OLDP CIO Detailed Statement of Financial Activities

Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	8,946 17,624 26,570	8,946 17,624 26,570	(13,581)
			31,205
			17,624

Page 15