Draft Flnanclal Statements at 05 January 202fj gt 10,'59:32 Charlty regl8tratlon numbor 11868651England and Walo$} HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Draft Flnanclal Stat•m8nts at 05 January 2026 at 10'.59:32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY CONTENTS Pago Tru8t8ès' Report Independent examlne¢s pOrt Statement ol Ilnanelal aetlvlles Balance 8heel Notes to the financAo1 stalsmèntg 7-12
Diaft Flnanclal Slatemonts at 05 January 2026 at 1U-59-.32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees RevAJ Op8nshaw Mr O AAkinola Rev P G Kand8h Rev D R Skinner (Appointed 9 D8cember 2024} Charlty number (England and Wal•sl 118fj865 Principal addrgss 14 Sedgwick Street Haddenham Aylesbury Bucks HP17 8FF Ind•p¢ndont examiner
Draft Flnan¢lal Statements at 05 January 2026 al 10:59:32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY TRUSTEES'S REPORT REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees pr&sent thelr annual rfyport and financlal statements for the year ended 31 March 2025. The Ilnanclal stalèments have been prepared In accordance with the accounling poliThes set out In note 1 to the financial statements and comply wlth thè Charity's governing document, the Charities Act 2011, FRS 102 "Thè Financial Reporting Standard applicabl8 In thè UK and Republic of Iland, and tho Charilies SORP "Accounting and R8porting by Charities-. Slatement of R0¢9mmended Practice applicable to charlieS preparing their accounts in accoTdanc8 Wlth the Financial Reporting Standard applicabl8 In the UK and Republic ol Iréland IFRS 1021". Obj8Ctives and actlvit4?$ Houghton Regis Community Dèwloprn8nt Charily exists to benefit the widents of HohlOn Ragts aEJd Ihé surrounding area, wilhout dlstinctlon ol sax, sexual Orientation. ra. or politi¢81, religious, or other opinions. The charity seeks to advance education ar provide facilities in the interests of soclbl welfarg, rocroation. and leisure. with the objeclwe of improvlng quallty of life for local residents. Alongslde Ihls, the charity works for the advane6ment of th8 ChristNqn fallh in and around Houghton Regis, primarlly through Inelusiv8 outreach adivilies that serve the wlder ¢ommunity and womote publtc benefit. The Irus1&gs havo had due Tggard to the Charlty Commlssion 5 guldance on puLlic benefll In carrying out the charity's a¢tivltle5 during the year. Activities Duflng th8 reporting perE(Kl, the charity's primary aoliviUe5 focused on three intareonneclgd areas= communily d8velopm$N, tho establI5hment of a permanent community f8¢71ty, and failh-based pastoral 8ng8g8ment. A significant elemenl of the chaiity's work involved progressing th6 establishment of the Bidwell West Community Centre, including closè coop8ratlon wilh statulw bodies and partners. Alongside this, the charily employ8d & full- me Pioneer Community Worker to support community forMal>n and engag9ment within the Bidwall W8sI developrnent and across Houghton Regis more broadty. Contributlon of Voluntoers Volunteers continued to play a &gnificant rolè in thè life and work of HRCDC ihroughoul Ihe year. Local residents gave generously of their lime and skills, supporting 18rgo-scale communily evenis, regular adivitles. engagement wilh fAmili8s, and the practi¢al delivery of projects Bcross the town. Volunteer5 were e$5enllal lo the delivery of the annttal community firework display. seasonal avenls, and neighbourhood inillalives, many of which would not have been possible without Iheir ¢ommitment. In addltion, the charfty ben&fiied from prof8ssional voluntary support. Graham S8alon served a5 a volunt88r advlser in rolalion to the commuiilty building proj8d until November 2024. Th6 charlty also conlinugs to receive pro bono legal support from Osborne Clarke LLP, and financial advice from David Hallworth. Th& trust8gs rE)coid their d8ep gratrtude lor all voluntary conlrlbutlons raeèlved during Ihg year. Aehlw8mgnts and performance During the year ended 31 March 2025, HRCDC delivered significant lfflpact across 118 core pillars of Community, Buding, and Faith, strenglhenin9 soci81 wh88iOT), irnproving wellbaing, and laying foundations for lorrfJ-torm community benefit.
Draft Financlal Statèm•nt5 8t 05 January 2026 at 10-.59-32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY TRUSTEES'S REPORT REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Communlty Th8 charity saw notable growth in community engagement and partnershlp Wofking. Key achipv&ments kncluded the d81ivèry of largè-scalè cotnmunity events, most notably Ihe arTrnual firswoik display attended by more than 5.000 peopb, and an East¢r M6$8y Church event wel¢oming over 250 chlldren and their fawilies. These events helped to reduce isolation, build relationship5 belw8en new and established r&sxl6nts, and lost8r a strong sense ol belonging. The charity played an active role In rèsidènt advocacy, supporting local people to engage wilh deci8ion-makers around infraslN¢cture needs. This included conlributing lo renew8d cornmilments for a new primary school and supporting successlul advo¢acy lor Improved public tiansport. re8ulllng in the introductlon ol a new bus Foute. Partnership working with housebuilders, local businesses, and charilablo organisalions led io tangibl& comrnunily benelits. including the provision of a communily Chrlslmas tr88 and Ihe donation ol a £250,000 eco-friendly convertad shipping ¢on18iner lo sevvg a8 a lemporary communlty facility. Bulldlng Progressing the Bidwell West Community Centre remained a major strategic locus. Duiing the year, the Iruslees agreed a phased development approach to enable 98rfier access lo community facilbtsès whll8 ensuring long-term suslainabilily. Sunificanl progress was made on cfestgn dev&lopm6nl, plannlng discussions. and stakeholdar gryJaggm8nt, working closely with Central Bedfordshire Coundl, ar¢hitects. and other partners. The charity 8180 undertook &xpIDratory partngrship work with local heatthcar& provld6rs. Ineludlng discussnS with GP praotl¢es r&g8rding the polentlal intluslon of a satellite surgery wilhin the ntre. Earfy indications sugg88t that up to £1 million may b available for loeal h8allh provlslon, subieol to further developmenl. This work has lald strong foundadons for a (x)mmunity assel that will deliver lasung so(xal. economic, wellbeing benefits. Falth Failh-baseil aclivily remained an important slraNI of the charlty's wk, contributing posltiv8ly lo communlly W8llb8lng. Th8 charity continued lo offer Town Chaplaincy, provldlng pastoral pr•s8nce and support to 188idenls. staff. and volunt88rs. REgul8r servlces 8EMI $t0[al eng8gem8nl in local care homes sustained r618tionghips with older fesidenls, matty of whom èxp6ri6ncè lon6lln8S5 or reduced mobility. The charity also partlClP81od in ecumenical and mult¢-laith inilialivas. supporting eohesion and 8nsuring that faith continues to be a positivo atKI indusbve presence within tha town. Flnanclal rovlow The trustees have rèviewed the Gharily's financial position as at 31 March 2025 and are salisfied that thE charity remalns financially vlabl@. Incom8 during the year trame primarily from grants and contributions from church bodies and charitable Iwsts. enabling ihe continuatlon of Staffing and project delivery. Reseryes poliGy The trustees. pollcy 18 to hold reservgs sufficient to ensure short-t8rm financial stability and lo manag6 litnln9 dlfferances beeen incom8 and 8XP8nditurg, while recognlslng that much of the Charity's income is reslricled to specific purposes. At the year end, rgsarv89 W8re held in Ilne wllh thls pollcy. The trustees are not aware of any material un[lntle8 that cast slgnificant doubt on thè eharily's abilily lo ¢ctInUe as a gosng concem.
Draft Flnanclal 8talemen15 at 05 January 2026 at 10.'59'.32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY TRUSTEES'S REPORT REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Principal Source8 of Fundlng During th8 y98r, th8 ch8rity's priyclpal sovrces of Incom8 included lunding from the South Bedlordshlr6 Methodist Circuit. the Bedfordshir8. Essex and Hertfordshire Methodist District. the Central Baptist Association. Houghlon R8gis 8èpllst Chufch. 8nd th8 P88tx)dy Community Foundalton. RÈ5ks and Uncertaintie$ The trustees have identified and activgly rManag8d a number of prlnclpal rfsks. Th888 include financial susialnabillty. risks assoclated wSlh the ph£sed delivery ol the commur)ily centre, govemBnce and complianc8 obligations. reliance on vo5unteers. reputational rlsk, and th8 challenges of op8raUng wllliln a rapidly changing communlty context. Miligalion measures indudè careful budgglin9 and monitoring, strong partnelshlp vnrking, 18gular policy revlew. volunteeT recruitment and support. and ongoing Engagompnl residents and slak&holdèrs. structural govornance and management The charity is a Charitable IncorpoT8t8d Or9anÉ531ion governed by a constitution. Trusl98s are appointed by resolution of the board, with regard to the skills and expgrl8nce required for effective governance. Safeguarding and GDPR Iraining Is required ttustegs, and pollcies a reviewed regularly. The charity is led by a Chair. Sgcretary. and Treasurer, supported by staff and volunteers. Th8 T¥ustè8s who sèrved during the year and up to thp dale of si9nalur8 of Ihe financial statements wèrè.. RevAJ Openshaw Mr OAAklrola Rev P G Kand8h Rèv D R Sklnnar IApptiint8d 9 D8C8mb8r 2024) The Trustsegs Report report was approved by th6 Board ofTru8tees. R¢v Androw Openshaw {ChaiYl Date..
Draft Flnanclal Statements at 05 January 2026 at 10'.59:32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY INDEPENDENT EXAMINER'S REPORT TO THE OF HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY I report to the trustees on my exèrnination of financial staiements of Houghton Regis Community Developtn8nt Charily for the year ended 31 March 2025. Responsibilities and basls of report As the truslees of thè charity you ar8 responsible for the preparatign of the financial statements In accordance with the requirements of the Charities Act 2011. I report in respecl of my examlnation of the s financial statements carrled out under section 145 of the Charitle5 Act 2011. In carrying out my examlnatlon I have followed the Directions glven by th8 Charity Commission undar sèction 14515llbl ol the Charitles Act 2011. Independent examiner's statement Your attention Is drawn to th8 fact that the charity has prepared Ihe financial statements In accordance with the relevant verslon of the Stal&m8nt of Recommended Practlce applicable to charilies preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in prglerence to the Accounting and Reporting by Charities.. Statement of R8COtnmended Practice Sssued on 1 April 2005 which is referred to In the extant regulations bul has now been wllhdrawn. l understand that this has been done in order for the financial statemènts lo provide a true and falr vlew In aecordance with UK Generally Acc8pled Atcountsng Practice. I have completed my gxamination. I confimi that no matters have come lo my aitentlon In connection with the examinallon givlng tne c8use to believe that in any malerial respect.. accountlng records were not kept in r6sp8cI of the as requlred by sectlon 130 of the Charities Act 2011. the financlal statèm8nts do not accord with those records- or the financial statements do not comply with Ihe applicable reqLliMentS concèrning the fomi and content of rillancial stalemenis set oul In the Charit1è5 (Accounis and Reports) Regulations 2008 other than any requirement that the financial slaiements glve a true and fair view. which is not a matteT considered as part ol n independent ex8mination. I have no concerns and havg come across no other matters tn connection wilh the examlnalon to which attentlon should be drawn In thls report in or(ler lo enable a proper understanding of the financial statements to bé r8ached. Dale..
Draft Flnanclal Slalemenls at OS January 2026 at 10..59:32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Restrlcted funds 2025 Reslrlctod funds 2024 Notes Incom• from: Donafjons and18gacies 59.306 77.041 Total incomfj 59,306 77,041 Expenditure on: Ralsing funds Charitable activities 3,240 69,825 65,114 Tot81 expendlture 73,065 65.114 Nèt incomgllexpendllvrel and movement Sn funds 113,7591 11,927 R•conelllatltsn of funds". Fund balances at l April 2024 23,359 11.432 Fund balances at 31 March 2025 9,600 23,359 The sialemenl of Ilnanclal actlvitles Includes all gains and losses recogn188d in the year. All Income and expenditure derlve from continulThJ actlvlttes.
Draft Flnaneial Stat•menl$ at 05 January 2026 at 111'.59-32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Current assèts Cash at bank and In hand 12.290 24,550 Credltors: amounts falllng due withSn On8 year 12.6901 11,191) N8t curr•nt ass•ts 9,600 23.359 The funds of the Restrlcted Income funds 11 9,600 23,359 9.600 23,359 Th8 financial ststementswere approved by the Trustees on ......................... R8vA J Op&nshaw
Draft Flnanclal Statements at OS January 2026 at 10.59=32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accoun pollcles Charlty Informatlon HDughlon Regis CommunEty Development Charity is a charity registered In England and WalBS. The registered office is 14 Sodgwick Street, Haddenham, Aylesbury, Bucks. HP17 8FF 1.1 Bosls of preparatlon The financial slat8mgnls have been prepared in a¢coFdance with the chaiity's governing document, the Charitles Acl 2011, FRS 102 "The Finandal RÉ¥Jorting Standard applicable in the UK arKI R8publtc ol Ireland. and the Gharilies SORP "Accounkn'ng and Reporiing by Charilies.. Statement ol Recommended Practic8 applicablg lo chaiilio5 preparing Iheir accounts in accordance wilh the Financial Reporting Standard 8pplicable in th8 UK and Republic of118Eand IFRS 1021" The is a Public Benef¥t Entity as defined by FRS 102. The chèrily has laken advanlagg of th& provislon8 lh8 SORP for charities not to wepar8 B gtatemerbt of cash flows. The financial statements have departed from the Charitl6s (Accounts and Rèptjrtsl RegulaQ'ons 2008 only to the exlenl required lo provlde a Irue and fair view. Thls departuw has Involvèd following the Statement ol Recommended Practi for charities applying FRS 102 rather than tho VgfSiDn of the Slalement of Recommended PractKe which Is referred lo in the Reg¢Jlatlons bul whlch has since beon thdraWn. The financial statements are prepared in 8lerf#ig, which is the functional currency of thè . Mon8tary amounts these financial statemgnis are rounded to the ngarest £. The financ¥al stat&tnents havg bgèn prepared under the hislorical cost convention. The principal 8ceounling pollcle5 adopted are set out below. 1.2 Golng concern At the time of approving the financial statemonls. the tr115tep5 have a reasonaL4e oxp8Ctation that the chartty ha5 adequat8 resources to wntinue in operallonal exlstence lor the foreseeable futurE. Thtts the wnllnue lo adopt th8 going concern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unreslficled funds a a¥allable for use 81 tha dts¢rg1ion of the in lurtherance of their charitable objectlv8S. Rg$lrict8d funds ar8 subject lo specific condilions by donors OT grantors as to how thay may be used. The purposès and usès of the restricted lund8 ar8 sel out in the notes lo the financial slatefflent5. Endowm8nl funds are 8ul4ecl to specific conditions by donors Ih8t thè captt81 must b8 rnainlgined by the. 1.4 Incom Income is r8¢ognlsgd when the is legally entilled to It after any perfomiance conthlions hav8 b9en mel. Ihe amounts can bg mB4suied reliably, and il 18 probablg that incorne WMI be recelv8d. Cash donations are recognlsed on rec&lpt. Other donatlons are recognis8d tsnctr tho has been notified of lh6 rtonal¥on, unless performance conditions require defeNal of the amounl. Income tsx iocoverable in relation to donaUon8 T8c8iv8d under GiftAid or deeds of covenant Is Tecognlsed at thè tlme of the donation. Legacies are recognised on recelpl or olh6rwiso If tho has bègn nolifted of an impending dislrlbulion. the amounl is known, and receipt is expectEd. 11 Ihe amount is not known, the legacy is Irealed as a contlng8nl asset.
Drnft Financial Stat•m8nts at 05 January 2026 at 10..59-32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclas {Contlnuedl 1.5 Expendlture Expendituie 18 feGogni88d once there is a legal or constructive obligation lo transfer economic benefit to a thlrd party. tt is probablg that a ifansfeT of economic benefits will b8 required in settlement. Ihe arnounl ol the obligati¢>n eAn be mèasured r8lE8bly. Expenditure Is classilied by activity. Th8 ¢ost8 of each activity ar& made up of ihe lolal ol direct ¢osts shared costs, Includlng support eosls involv9d in undertaking each actlvily. Diracl cosis altributable to a singlo activity are allocated directly to that aclivily. Shared costs whlch contribulg lo mole than one activlty and support costs which are not atlribulable to 8 single aclivity are apportioned between Ihose activities on a basis consistent wEth the use ol resoltrceg. C6ntr41 staff costs are allocated on th8 basis of lime spent, and deprsclatton charges are allocaled on the portlon ol Ihg a8¥91'8 use. t.6 Cash and cash equlval&nts Cash and cash eqkJiv8lents indude Cash in hand. deposits held al call with banks. othèr short-tgrm liquid investments with ortgtnal malurilies of three months or less, and bank overdrafts. Bank ovgrdrafts are shown within btsTrowing5 In ciJir8nt liabilities. Baslc flnanclal assèts Basic financial assets, which include debtois and cash and bank balanc65, 8re initially measured at Iransa¢lion price including transacllon costs and are sub88quenlly car¥ied al amortised cost using the effective interest tnBthod unlgss the arrangement constilutes a financing Iransaclion, wharg the transaction is measured at the pres&nl value of the fulure reiptS discounted at a market late ol InteSt. Firbancial assets classifièd 8s r8cèivab18 within on8 year are not amortiserl. aaslc Ilnanclal Ilablllths Basic finon¢i81 li8bililies. including creditors and bank loan5 are initially recognised 8t trydnsgction price unles5 the aTrangem8nt constilule8 a financing Iransèclion, where the debt instrument is rneasured al the present V8lue of the lutuie paym8nls discounted at a mat*et rate of interest. Financial Ilabilities clas5ifi8d as payable wlthln on8 ya&r 8r8 not amortised. Debt Instruments ale subsequ8iilly carried al amoriL8ed cost, uging th8 8ff8cUve Interest raie method. Trade creditors ale obligations to pay for goods or services that have been aGouired in the ordinary course of operations from 8uppliors. Amounts payable ar6 clas$if18d 85 curienf liabilltles if paym8nt 15 due withln on8 year or less. If not, Ihgy are presenlf>d a5 non-Guirent liabilili8s. Trade credllois ar8 r9cogftlsed inllially at tiansaclton prfca ¥nd subsgquently measured al amotts'sed cost Using the effectlvè Intèrest method. Derecognition of Ilnancial liabillties Financial liabltieS are derecognised wh8n the's contractual obllgatior15 explrg or are discharged or canc811ed. 1.7 Employae boneflls The cost ol any unused holiday pnliuemgnt is recognised In lh6 pèriod In which the employe6's servi¢os are received. Torminahon bgnefits are recognised immediatèly as 3n expense when the demoltrablY committed to t8rminate the employment of an employee or to PVIde termination benefits. 1.8 Retirement benefits Paymonls to d6flned contrlbutton retlrbmgnt benefit schemes are ¢harg•d a$ an expense as they fall due.
Draft Flnancl&l Statem8nt$ at 05 January 2026 at 10.'59'.32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ¢rltlGal a¢¢ounlitlg estimat65 andjudgements In thè applicat40n of Ihe Charity's accounting poliues. the TrL]Stees are requSred to Tnake judgem8nls, estimates and assumptions about Ihg caTryivwJ amount ol asssls and liabilities that are not rèadily apparent from other sourc&s. The 8stim8tes and associated assumplions aro based on historical &xperlènc8 and other factS that are conskler$d to be rolev8nt. Aciual results may dlffer from those ostimates. The estlmates and undèrlylng assrnPl10n8 aro rgvlewed on an ongolng b8S18. RevisioTrs to accounting es1imats5 are recognised in the period H) which th8 8Stimale is revised where the revision affects only that period, or in the period of the revision and fultJr6 pèriods where Ihe r&vlsion affects botr current and fulure pèricmls. Income from donat5ons and legacl•s Rèstrlcted fund 2025 Restrl¢t•d funds 2024 Grants 59,306 Tl.041 Grants C8ntral B8pli81 Grant Central Bapl*st Grant-Davtd Beds, H&rts and Essex Methodist Distri HR Baplist Church Pioneer Funds HRCC Salary Grant The South Bedfordshlra Mèthodigl crCU Community AssocTration Bapllsl Insuran¢E Giant Donations and Grants 28,374 4,420 6.996 5,004 250 14.262 20,478 7,735 7,000 5,921 3,000 13,582 7,250 6,000 6,075 59.306 77,041 ExpendSturft on rals5ng funds Restrlcted fund5 2025 Reslrlctèd funds 2024 Fundraislng publlclty Support costs 3,240
Draft Flnanclal Statemènt5 at 05 January 2026 at 10..59..32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expandlture on charltablg actlvltles 2025 2024 Dlrg¢t ¢o¥ts Staff costs Telephono Tratning Insurance Renl Rètès Sundry expenses BWCA Legal and professional Accountancy TravBI and subsislence 32,494 576 29.971 623 1.000 909 16,200 1,661 428 8,797 4.420 1.002 17,770 1.74fj 580 750 11.773 1,440 1.694 1.105 69.825 65,114 Analysls by fund Restricted funds 69,825 65.114 Nèl mov¢mgnt In funds 2025 2024 Th8 n&t movèment in furKls is stated after cherglngllcrediting).. Fees payable for the WKlependenl examination of the charl(ys finanaal siatements Employ••s Th8 average monthly number of employees during tha y8ar w8S'. 2025 Number 2024 Number Empk*ym•nt costs 2025 2024 Wages and Salaries Olhar pènston costs 28,845 3.649 26,886 3,085 32,494 29,971 There waia no 8mployees WIse annual remuneratlon was more than E60,QOO.
Draft Financlal Statem9nts at 05 January 2026 at lQ:59:32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Taxation The charlly Is exempl from taxation on its aci¢vi&es because all Its incomè Is applied for charitable purposes. Creditors: amounts falllng due wlthln ont year 2025 2024 Other tax8tion and social s8curiIy Accruals and deferred income 1,132 1,558 1.191 2.690 1.191 10 Rotlr•m¢nt b¢¢ s¢h¢me$ 2025 2024 Dgfined ¢ontrlbutlon scheme8 Charge to proftt or loss In rospecl of defined contribution schemes 3.649 3,085 11 ReBtrlrted funds Th8 règtrlctèd funds of the charity comprise the unexpended balances ol donatiDn5 and grants held on tru81 sublecl to speciftc conditions by donors as to how Ihey may be used. At 1 Aprll 2024 Incomlng re$ou¥cgs R•S¢rCeS At 31 March exponded 2025 23,359 59,306 173,0651 9,600 Prevlous year: Incomlng rgsources R050urces At 31 March expended 2024 2023 11,432 77.041 165.1141 23.359 12 Analysls of net ass&ts between fvnd5 R•strlcted fund5 2025 At 31 March 2D25: Current ass8lsl(liabilities} 9.600 9,60
Draft Flnanclal Statements at 05 January 2026 at 1Q=59..32 HOUGHTON REGIS COMMUNITY DEVELOPMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Analysls ol nét 8$$*t$ between funds {Contlnu•dl Restrlcted fund$ 2024 At 31 March 2024: Current asselsllliabiliti881 23,359 23.359 13 Capltal commltments 2025 2024 Am(xJnls contracied for but not provlded in the financial statgm8nls-. 2025 2024 Rent 14,850 31.050 14 Relatod party transactlons There were no disclosable related party trans8[n$ durlng the year12024- none).