ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2026
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1188480
Castle View Accounting Ltd Ground Floor Offices
53 High Street Arundel West Sussex BN18 9AJ
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
| CONTENTS | |
|---|---|
| Page 3 | Legal and Administrative Information |
| Pages 4 to 13 | Trustees' Report |
| Page 14 | Statement of Financial Activities |
| Page 15 | Balance Sheet |
| Pages 16 to 25 | Notes to the Financial Statements |
| Page 26 | Independent Examiner's Report |
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1188480 DATE OF REGISTRATION 11th March 2020 START OF FINANCIAL YEAR 1st March 2025 END OF FINANCIAL YEAR 28th February 2026 TRUSTEES AT 28TH FEBRUARY 2026 Dr Melanie Lombard (Chair) Dr Diana Mitlin (Secretary) Ms Melony Pentreath (Treasurer) Ms Julie Jarman Mr Bernard Sudlow Miss Georgie Mitchell Dr Smith Ouma (Appointed 18th March 2025) LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Foundation Registered 11th March 2020
OBJECTS
1 . To relieve poverty for the public benefit in socially and economically disadvantaged neighbourhoods in England and Wales by: a ) supporting people to learn about and establish community-led savings initiatives; b ) supporting community associations to work together, and to develop partnerships, in such a way that they are better able to realise community-led solutions for the relief of poverty for the public benefit. 2 . To develop the capacity and skills of the residents of socially and economically disadvantaged neighbourhoods in England and Wales in such a way that they are better able to identify, and help meet, their needs, and work together to reduce social and economic disadvantage.
CORRESPONDENCE ADDRESS MACC Manchester Community Central St. Thomas Centre Ardwick Green North Manchester Lancashire M12 6FZ PRIMARY BANKERS The Cooperative Bank 1 Ballon Street Manchester M4 4BW INDEPENDENT EXAMINERS Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT
FOR THE YEAR ENDED 28TH FEBRUARY 2026
The trustees present their report and the unaudited financial statements for the year ended 28 February 2026.
Reference and administrative information set out on page 3 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
Structure, Governance and Management
CLASS is governed by a constitution and Board of Trustees. The trustees meeting on a quarterly basis or more frequently when the Board deems this necessary. Trustees have the power to co-opt new board members and this is the mechanism through which new trustees join the board.
Objectives and Activities
Charitable Purposes
CLASS works in alliance with a network of women-led and neighbourhood-based community associations called Community Savers to advance the following charitable purposes:
1 . To relieve poverty for the public benefit in socially and economically disadvantaged neighbourhoods in England and Wales by:
a ) supporting people to learn about and establish community-led savings initiatives;
b ) supporting community associations to work together, and to develop partnerships, in such a way that they are better able to realise community-led solutions for the relief of poverty for the public benefit.
2 . To develop the capacity and skills of the residents of socially and economically disadvantaged neighbourhoods in England and Wales in such a way that they are better able to identify, and help meet, their needs, and work together to reduce social and economic disadvantage.
Public Benefit Statement
The Trustees of CLASS have paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. Trustees review the activities CLASS engages in regularly at quarterly meetings to ensure our work continues to be in the public benefit. Eighty per cent of members across the Community Savers network live in areas ranked in the top 10% most deprived in England.
Main Activities
CLASS’s main activities are to provide strategic, community development, communications, and fundraising support to a network of women-led savings groups called Community Savers and other community associations who participate in network activities. Community Savers groups alleviate poverty and build financial resilience among disadvantaged women in lowincome areas through savings and mutual aid. The network currently has nine affiliated associations in the Greater Manchester and Sheffield city-regions and CLASS has worked with a total of 38 community associations in these areas in the reporting period.
CLASS has received new awards for charitable purposes from seven charitable trusts and foundations/charitable organisations during this reporting period. We also received one grant for £995 from Manchester City Council on behalf of Wythenshawe Central Network; some transfers of funding linked to our Women of Wythenshawe project from Wythenshawe Community Housing Group; and a mix of grants, teaching, and partnership income from the University of Manchester. We share details of our charitable trust and foundation awards and their associated activities below.
Ageing Well in Place in Hulme
Carry over balance from the previous reporting period: £13,194
Ageing Well in Place in Hulme is a partnership that has been running since 2021. Over time we have received a variety of charitable income and donations. One aspect of this funding comes from Turn 2 Us Cost of Care programme but we account for this as its own distinct funding stream on page 7. Apart from the carry forward of £1,132 of Turn2Us funding detailed below, we also carried forward £13,194 of funding from mixed sources including ROC Industries and various small grants.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
The Charity Service
Total grant: £9,000 Funding period: 1 March 2024 – 28 Feb 2027
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £3,000
Project costs of £1,000 each were invested in community action to combat social isolation and improve wellbeing by three Community Savers affiliates: Brinnington Savers, Miles Platting Savers, and Miles Platting Community and Age-friendly Network (MPCAN).
Clothworkers Foundation
Total grant: £13,200 - Funding period: 1 Jan – 31 Dec 24
Carry over balance from the previous reporting period: £1,396
Instalments received during the reporting period: £0
This grant enabled us to work with Courageous designers on a new Community Savers website and to contract a filmmaker to make a film short with us about the Community Savers/CLASS alliance. The balance was spent on further developments to the website.
Esmee Fairbairn: Creative Confident Communities
Total grant: £200,000 - Funding period: 1 Mar 25 - 28 Feb 27
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £117,000
This unrestricted grant supports Community Savers and CLASS’s work to build Creative Confident Communities in our areas of operation and to expand into new neighbourhoods over two years. Our focus outcomes include (i) that members of Community Savers-affiliated savings groups will have increased financial inclusion, resilience, and wellbeing; (ii) our work will be building stronger and more cohesive relationships between diverse people, projects, and organisations; and (iii) that we will have contributed in tangible, measurable ways, to the achievement of fairer urban systems, services, and decision-making in Manchester and Sheffield.
Esmee Fairbairn: Esmee Funding Plus
Total grant: £9,000 - Funding period: 15 July 25 – 31 Mar 26
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £9,000
This additional award has enabled capacity building with the staff team and leadership on business development and the cocreation of a five year business development strategy as well as an in depth independent impact evaluation of Community Savers and CLASS’s work throughout the 2025 calendar year.
Garfield Weston
Total grant: £20,000 - Funding period: 6 Nov 25 - 5 Nov 26
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £20,000
This was an unrestricted grant focused on deepening our work in existing areas and expanding into new areas including development of new affiliates in Sheffield; broadening our reach into Middlesbrough; scaling our influence through coalitions and partnerships
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
Lloyds Bank Foundation: Local Collaborations Programme
Total grant: £100,000 - Funding period: 1 Jan 26 - 31 Dec 27
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £50,000
This grant is focused on realising the Social Homes for Manchester two year influencing plan following the conclusion of the formal sessions of the Manchester Social Housing Commission in December 2025 including a new 0.8% FTE Project Lead.
One World Together
Total grant: £1,657 - Funding period: N/A
Carry over balance from the previous reporting period: £1,586
Instalments received during the reporting period: £1,657
Community Savers and CLASS are founding partners of the One World Together platform. This is a partnership between grassroots change agents across the Global South and the Global North based on a charitable membership subscription-based funding model and led by the One World Together staff team. Partners receive a share of the ‘solidarity fund’ resources raised via the One World Together platform.
ROC Industries
Total grant: £10,000 - Funding period: N/A
Carry over balance from the previous reporting period: £10,000
Instalments received during the reporting period: £0
This is a grant to the Ageing Well in Place in Hulme initiative to contribute towards digital skills development and ICT equipment for a new community space that is being developed in the ground floor of one tower block. The community project team decided to invest £5,000 towards Development Worker salary costs to make up a full-time role with digital inclusion activity included and to ringfence £5,000 for ICT equipment in the new community space renovated for tenants by One Manchester Ltd. The renovation has been delayed due to changes in fire safety regulations and a backlog at the Building Safety Regulator so these funds will be carried forward into FY 2026/27.
Smallwood Trust
Total grant: £100,000 - Funding period: 1 Sept 25 - 31 Aug 27
Carry over balance from the previous reporting period: £0
Instalments received during the reporting period: £28,191
This grant is in support of savings mobilisation in new areas and deepening impacts in Wythenshawe through the legacy association that grew out of the Women of Wythenshawe initiative called Wythenshawe Central Network. It supports at least 30 women to build confidence and skills for running their women-led groups and savings schemes and advocating for the needs of women and families in their local area; including on affordable and accessible housing, facilities, and services. This includes cocreation and participation in annual skills-based training programmes for local women’s groups each year responding to needs identified by women themselves.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
Growing Great Ideas, National Lottery Community Fund
Total grant: £229,890 Funding period: 1 Jan 22 - 31 April 25
Carry over balance from the previous reporting period: £11,176
Instalments received during the reporting period: £21,389
This grant has enabled the CLASS-Community Savers alliance to implement an extended three-year milestone action plan for the deepening and broadening of the Community Savers network across Greater Manchester and Sheffield. The grant end date was extended to allow for delays within a community space renovation project in Wythenshawe and to cover a small shortfall in staffing resources while we awaited the outcome of our successful application to Esmee Fairbairn Foundation. A total of £998.60 of the funds received were for a final instalment of capital fund for the Mums Mart community space regeneration.
Social Homes for Manchester and the Manchester Social Housing Commission
We received mixed funding in support of the activities of the Social Homes for Manchester coalition and the work of the Manchester Social Housing Commission throughout 2024 and 2025. Of the funding we received from the University of Leeds and the University of Manchester combined during our Financial Year 2024-25 we had a carry over of £9,175.
We detail new income of £2,500 received from the University of Manchester during Financial Year 2025-26 below.
Turn2Us (Cost of Care Programme)
Total grant: £50,136 - Funding period: 1 Feb 25 - 31 Mar 2026
Carry over balance from the previous reporting period: £1,132
Instalments received during the reporting period: £50,136
CLASS and Community Savers work in partnership with Turn2Us through their Cost of Care programme and in order to advance Ageing Well in Place in high rise social housing tower blocks in the neighbourhood of Hulme in Manchester. Ageing Well in Place in Hulme is a multi-stakeholder partnership involving numerous community partners as well as One Manchester Ltd, CLASS, Turn2Us, Cornbrook Medical Practice, and the University of Manchester.
University of Manchester
We have received a mix of small grant and consultancy income from the University of Manchester during the reporting period for different purposes. This includes:
· A £5,000 Social Responsibility award as match-funding for staffing costs on the Ageing Well in Place in Hulme initiative in May 2025.
· A £3,000 award from for MPCAN in support of their ongoing Creative Climate Resilience work with Dr Jenna Ashton, Senior Lecturer in Heritage Studies.
· A £2,500 award for Social Homes for Manchester in support of community film screenings to raise awareness and build community capacity to engage in the Manchester Local Plan.
These funds have all been spent to timescale and budget according to our respective agreements with different scholars and departments within the University.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
Women of Wythenshawe Uplift Grants - Smallwood Trust
Total grant: £2,400 - Funding period: 1 Sept 22 - 31 Aug 2025
Instalments received during the reporting period: £2,400
CLASS received two uplift grants from Smallwood Trust for two members of the Women of Wythenshawe network: Mums Mart received £1,300 and Wythenshawe Women's Welfare Association received £1,100. These grant were received and passed on directly to these two groups within the financial year.
Women’s Sector Resilience Fund 2, Smallwood Trust (Distributed by Wythenshawe Community Housing Group)
Total grant: £200,658 - Funding period: 1 Sept 22 - 31 Aug 2025
Carry over balance from the previous reporting period: £5,780
Instalments received during the reporting period: £41,634
Women of Wythenshawe was a three-year project focused on building confidence, skills and capacity among, and relationships between, women's groups and local service providers and decision-makers in Wythenshawe, and Manchester more widely, in support of place-based systems change on gendered poverty.
Achievements and Performance
We were able to contract independent evaluators Nifty CIC to carry out an independent evaluation of our work throughout 2025. Please visit: https://communitysavers.net/our-impact/resources/ to access the full evaluation report. Here we summarise some key achievements.
Selected Outputs
● CLASS provided support in some way to 38 community groups and in-depth support to 9 affiliated associations with a total of 323 members and 54 leaders. This included 6 groups operating savings clubs and 3 neighbourhood networks.
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CLASS convened seven skills-based training courses of 1-2 days duration. 49 different leaders attended these sessions
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from 10 different neighbourhoods.
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CLASS provided strategic development and convening support to 3 multi-stakeholder partnerships including Ageing
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Well in Place in Hulme; Social Homes for Manchester, and the Manchester Social Housing Commission.
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The Community Savers leadership team engaged in 6 leadership meetings with the CLASS Director to shape alliance
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strategy and decision-making.
● There were four quarterly network meetings for the full leadership including two day-long strategy workshops. At least 24 hours of reflection and learning took place.
● CLASS provided at least 300 hours of in-person development and facilitation support to campaign and community meetings across Manchester and Sheffield.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
Outcomes: Savings and wellbeing
● The total number of members of affiliated associations (savings group and affiliated neighbourhood networks) increased from 147 to 340. Individual savings group membership increased from 121 to 182.
● Total annual savings deposits have increased from £13,776 in 2022 to £27,731 in 2025.
● The total number of committee members across affiliated associations increased from 42 in January 2025 (F:39/M:3) to 54 (F:48/M:6). There were no other gender identities selected in equality monitoring among the leadership.
● 71% of savers surveyed said they would have spent the money they saved often on ‘rubbish.’ Savers creates a moment of pause to think about whether they really need or want the thing they might otherwise spend it on.
● 66% of savers surveyed said that being part of the savings group has changed the way they think about how to manage money or the importance of saving through e.g., understanding their spending better, having savings goals and being able to see how much they had saved.
● 39% of savers surveyed said they have been able to avoid paying for things on credit, which means avoiding interest, being turned down and debt.
● 85% of members feel more positive about life due to participation in the Savers.
‘Because it’s in this place, it’s a little bit harder to get access to, so then you forget about it and leave it here. Whereas with the bank, it’s just your card, you go to the shops, you get your money out.’ Member, Miles Platting Savers
Outcomes: Leadership Development and Stronger Community Associations
Being involved in ComSavs and support from CLASS is leading to positive impacts around confidence, knowledge and skills, capacity building, peer learning and personal development opportunities as well as increased access to community facilities.
Formal and informal training to build knowledge and capacity for members and leaders is cocreated and embedded across the work.
● 83% of members surveyed said they had obtained new knowledge and skills.
● 90% of those surveyed said they are more confident about joining in with community projects and volunteering.
- 68% said they had taken on new or additional volunteering roles.
In 2025, training included Conflict Resolution, Finance and Accounting, Fundraising, Safeguarding, and Trauma-Informed Practice which leaders have been putting into practice through weekly savings and financial reconciliation; co-creating small grants applications with CLASS staff; developing new or improving their Safeguarding policies including appointing new Designated Leads; and reflecting collectively on what inclusive leadership means in practice.
Community associations are also working to secure community facilities which are important in building connection, providing venues for activities and feeling a sense of belonging. In 2025, Mums Mart’s codesigned community space opened which will be free to use for local groups for the next ten years; the caretakers room was adapted as a new community space for tenants at Meredith Court; MPCAN continued to work as part of newly incorporated CIO St Cuthberts Communities Together on the redevelopment of the church site as a community hub; and Aquarius Community Savers joined a new coalition called Friends of Aquarius Community Centre focused on securing this asset for the community after the existing leaseholder announced they were pulling out.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
Outcomes: Place-Based Systems Change
The work of ComSavs and CLASS builds upwards to collective benefit at the neighbourhood scale. Bringing people together through the Savers groups and nurturing knowledge, skills and leadership has led to connection and networks, local activities and interventions, plans and ambitious agendas.
● 90% of savers said they feel more confident to work with others to raise issues and challenges that are affecting their local community. They said being involved has resulted in capacity building for impact, understanding the community better, and reinforcing the role of community in support and care:
‘I feel like I can actually have an impact on my community. being here and helping people, I feel like savers has some kind of impact. I feel more confident that I can have a voice and be aware of who I need to speak to and the people who are able to listen. It’s about being heard by the right people and have an impact. For example, I know how to speak to my councillors. You can also be signposted to places.’ Member, Dandelion Savers
The Ageing Well in Place in Hulme (AWiPiH) initiative is supporting older and vulnerable tenants to live well and stay connected in Hopton and Meredith Court tower blocks. Some key achievements from 2025 include:
· A revamped caretakers’ room has become a hub for weekly drop ins, tenant meetings, and resident-led activities like music groups. These are helping people feel at home and reducing isolation.
· Collaboration between the two blocks is growing, with a joint Tenants and Residents Association supporting peer-learning and amplifying community voice and leadership.
· Partnerships are bringing services closer to residents, including new work with Cornbrook Medical Practice to build stronger relationships with tenants on site in order to increase uptake of annual health checks and preventative cardiovascular health interventions at the local practice premises.
While challenges remain, especially working in a ‘crisis’ context, the focus is shifting towards using residents’ experiences to drive wider systems change.
Women In Community Action (WICA) in Arbourthorne continued to raise their profile as a voice for the community in 2025 and were key to the new formation of Arbourthorne Community Network.
‘… We’re more well known now, and people are more willing to speak. It’s like they’ve got a voice. And they feel like people are actually going to listen to them rather than just being ignored.’ Leader, Women in Community Action, Arbouthorne
They are continuing weekly litter picks and have recently conducted a community consultation focused on the condition of the area which has led to the formation of Arbourthorne Community Network. Aquarius Community Savers are now sharing their experiences of the tenant-led block-wide survey Hopton Court tenants carried out in 2022 and looking at developing a new neighbourhood-wide survey into the state of local housing stock through the new community network.
Funding changes in 2025 saw Women of Wythenshawe (WoW), a network of women-led groups tackling gendered poverty, transition into the Wythenshawe Central Network (WCN). Despite challenges retaining all members, strong community leadership meant the network quickly regrouped and expanded, driven by those who were already organising through WoW, supporting others, and taking action:
‘Women from several different organisations in Wythenshawe who had already been through processes around developing their own leadership, encouraging other local residents and local organisations and approached them directly. It was very well organised.’ WCN Committee member
Dandelion Savers and Mum’s Mart played a key role in the growth of WCN, now a constituted, neighbourhood forum representing over 20 community groups and more than 130 residents. The network had 3 main asks in 2025:
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A higher percentage of social rent homes to be included in the Town Centre regeneration;
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A meaningful voice for local groups and residents in decisions about Wythenshawe;
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Stronger community representation on the board for the new Culture Hub in Wythenshawe Civic.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
WCN is turning community voice into coordinated action. Through workshops, walking tours, stalls, and open meetings, residents are shaping plans for their area, especially around the Civic regeneration. The network plays a key role in:
- Listening very clearly to feedback from the community – what is it you want to have happen?
· Bringing in specific expertise in planning and making that accessible to community members.
· Advising around the Civic on how to make communications more accessible e.g. paper copies for those without digital access / dyslexia friendly fonts.
MPCAN is an action-focused network of residents and community groups aiming to ‘make Miles Platting and the surrounding area an even better place to live, age, and bring up children’. MPCAN has two main strands of work both of which made exciting progress in 2025.
Their Climate Action Group:
· Continued to develop their climate action plan and wildlife corridor through Miles Platting funded by the Greater Manchester Green Spaces Fund and with support from the University of Manchester.
· Worked in partnership with Groundwork to explore wildlife interventions across green spaces and in the community.
· Improved access to green space for the community.
· Continued to engage with residents through regular community events, increase volunteer capacity and source continuation funding for ongoing maintenance .
· Inspired a group in neighbouring Moston to adapt MPCAN’s approach for their own local climate action.
St. Cuthbert's Communities Together:
· Consolidated their board and policy framework as a newly incorporated Charitable Incorporated Organisation (CIO) and contracted a new architect and project manager to take forward the redevelopment of St Cuthberts site in partnership with the community, congregation, and Diocese.
Further developed their plans to open up the possibility of community led housing as an income stream to support a range of much needed local facilities including a social club, laundrette, and hopefully also NHS services.
Through their work on the Manchester Local Plan with support from Social Homes for Manchester Aquarius Community Savers and local area partners successfully lobbied for the Aquarius Estate to be recognised as a residential area and taken out of the city-centre planning zone in Manchester’s new Local Plan. One of the Aquarius Leaders said they had ‘gained a seat at the table where decisions are made that directly influence outcomes that impact members’ health and well-being.’
Outcomes: Housing Justice
2025 saw the conclusion of formal sessions of the Manchester Social Housing Commission although advocacy and impacts will continue long into the future through Social Homes for Manchester. The Commission was convened by CLASS and included Community Savers Leaders as Community Commissioners. This was widely recognised as an innovative and impactful initiative.
The Commission brought together tenants, grassroots community organisations, senior public and voluntary sector leaders, housing and planning professionals, academics, campaigners, politicians and officers at Manchester City Council for a shared purpose: to achieve accelerated delivery of ecologically sustainable housing for social rent in Manchester by 2030. The Commission took an evidence-based, coproduction approach to engaging with the intersecting nature of the housing, climate, and cost of living crises including comprising one third Community Commissioners drawn largely from Community Savers affiliates and campaigns.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
In 2025, the Commission published two new policy briefs with innovative recommendations on how to finance accelerated delivery of sustainable social rent homes ahead of the Spring Budget; and on reforms to improve housing quality, tenant rights and housing regulation and enforcement. Together, Commissioners met with Ministers, ministry teams, representatives of the All-Party Parliamentary Group on Greater Manchester, and special advisers; and submitted written evidence to successive national consultations and audit committees.
In July 2025, ComSavs/CLASS and the SH4M team were delighted that Manchester City Council passed a motion to increase their social rent housing targets in new developments from less than 5% to 21%. This was included in the draft Local Plan that went out for consultation in the summer of 2025 when Technical planning professionals on the Commission agreed to work with the Community Commissioners to organise workshops in their own local areas. This enabled four local area teams to submit their own consultation responses and to engage in peer support film screenings and workshops in other communities to raise awareness about the Local Plan and why it matters for communities.
The Commission process resulted in much mutual learning. Communities gained a deeper understanding of some of the complexities of housing and planning delivery and reform; and were also able to challenge ‘professional’ assumptions with direct experience, strengthening their voice in local and national policy. Professionals gained understanding of how policy and systems were playing out in practice on the ground for tenants. The campaign has created new and stronger relationships between communities, community leaders and public providers and decision-makers for the longer term within the city.
Beneficiaries
Estimated direct individual beneficiaries from our work: 2,200.
Total number of community groups supported: 38
Total number of multi-stakeholder partnerships in receipt of direct support: 3
In addition to data on our affiliated groups’ memberships and savings schemes, we also worked with existing affiliates to estimate the number of people that they think they have directly benefited in 2025.
This varies significantly across groups because there are so many different kinds of activities being delivered. Some groups are still running food/clothes collection and food parcel delivery services, others have projects underway that are benefiting the entire neighbourhood. Equally, we don’t want any groups to feel limited by comparison, so we present aggregate estimated beneficiaries above. We defined direct beneficiaries as people who had received a tangible material good or benefit as an individual which can be attributed to the hard work of Community Savers groups and networks (e.g. information, food, clothing, a crisis grant, training, access to a service or drop-in etc).
There is also a much higher number of indirect beneficiaries from our work which it is hard to quantify. These are the people who have benefited from the wider benefits of our work across a neighbourhood and city. Indirect beneficiaries also include all the partners we work with who share with us informally how they benefit from working with us in terms of increased understanding of grassroots experiences, needs and priorities and the ideas, tools and methodologies that we put into practice.
Financial Review
Total funds held at the end of the reporting period: £153,512 - (2023/24:£66,101) Total restricted funds at the end of the reporting period: £133,564 - (2024/25:£47,430) Total designated funds at the end of the reporting period: £16,000 - (2024/25:£16,000) Total unrestricted funds at the end of the reporting period: £3,948 (2024/25:£2,671)
The Trustees have no immediate concerns about our CIO’s ability to continue as a going concern. As always there is a need for a strong focus on fundraising in the current financial year to enable us to attract continuation funding to maintain our staff team and capacity levels and Community Savers network costs. We will continue to build our portfolio of charitable and university sector grants incrementally developing our profile and income. The Trustees will continue to closely monitor the capacity of CLASS to maintain existing operations and remain a going concern.
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28TH FEBRUARY 2026
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations, Grants & Legacies 3a Charitable Activities 3b Investment Income 3c Other Incoming Resources 3d TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of Generating Funds Cost of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING (OUTGOING) RESOURCES Funds Brought Forward Transfer Between Funds 5 & 6 TOTAL FUNDS CARRIED FORWARD |
Unrestricted Designated Restricted TOTAL TOTAL Funds Funds Funds 2025/26 2024/25 £ £ £ £ £ 2,978 - 355,901 358,879 274,018 4,217 - - 4,217 7,325 61 - - 61 - - - - - 15,636 7,255 - 355,901 363,156 296,979 3,837 - 266,992 270,829 314,203 1,301 - 3,616 4,917 4,340 5,138 - 270,608 275,745 318,543 2,118 - 85,293 87,411 (21,563) 2,671 16,000 47,430 66,101 87,664 (841) - 841 - - 3,948 16,000 133,564 153,512 66,101 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 16 to 25 form part of these financial statements.
14
COMMUNITY-LED ACTION AND SAVINGS SUPPORT BALANCE SHEET AS AT28TH FEBRUARY 2026 Re5trict*J TOTAL TOTAL Funds 284•24 2&F•b.25 FuT¥Js TawloASSOty 1twe8tnts Curr•ntA•••ts 06btor8 & Prepaymnts Ca6h at Bank and in Hd Tothi CurY•ntAMots 74 70,287 70,380 27272 272n 133,564 133.564 180,836 160.838 10 IEfcuRRE1 A88Ef8 19M4 153.248 85,707 TOTALASSETS kn8currentllobM81 1•.948 133164 153,512 66,101 11 NET A88ET8 133,564 153,512 66,101 Fur¥ olth• ChwSty Gènornl Fund• CwSgn•ied Fur#Ys Awirfctsd FuTrJ 2,871 18.0ts) 47,430 10.( 1&C 133,584 Total Funds 19,948 133,664 1SJ,512 06.101 eLONt v P ]Ye-TtrFk
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2026
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
16
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
1. ACCOUNTING POLICIES (continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Unrestricted Funds
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
Restricted Funds
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:
Fixtures, Fittings and Equipment
33% - Reducing Balance Basis
2. TANGIBLE FIXED ASSETS
| Cost 01-Mar-25 Additions Net Book Value at 28-Feb-26 Depreciation 01-Mar-25 Charge Depreciation at 28-Feb-26 Net Book Value 28-Feb-26 Net Book Value 28-Feb-25 |
Equipment TOTAL Cost 2025/26 £ £ 980 980 - - 980 980 586 586 130 130 716 716 264 264 394 394 |
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
28th February 2026 : None
28th February 2025 : None
17
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
3. INCOMING RESOURCES
| Note a) Donations, Grants & Legacies Gifts & Donations Grants Received 5 b) Charitable Activities Activities & Events 5 Consultancy Income 5 c) Investment Income Interest d) Other Incoming Resources Refunds 5 |
Unrestricted Designated Restricted TOTAL TOTAL Funds Funds Funds 2025/26 2024/25 £ £ £ £ £ 2,400 - - 2,400 1,259 578 - 355,901 356,479 272,759 2,978 - 355,901 358,879 274,018 - - - - 6,150 4,217 - - 4,217 1,175 4,217 - - 4,217 7,325 61 - - 61 - 61 - - 61 - - - - - 15,636 - - - - 15,636 |
|---|---|
18
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
4. RESOURCES EXPENDED
| a) Cost of Charitable Activities Activities & Projects 5 Advertising & Publicity Consultancy Fees 5 Depreciation Expense Fundraising Costs Insurance Costs 5 IT Costs 5 Printing, Postage & Stationery 5 Room Hire 5 Staff Costs 5 & 13 Sundry Expenses 5 Telephone Costs 5 Training Costs 5 Travel & Subsistence 5 Website Costs 5 b) Governance Costs Independent Examiners Fees 5 & 10 Legal & Professional Fees 5 |
Unrestricted Designated Restricted TOTAL TOTAL Funds Funds Funds 2025/26 2024/25 £ £ £ £ £ 2,093 - 44,505 46,598 143,961 - - 4,095 4,095 2,154 505 - 21,897 22,402 7,909 130 - - 130 194 - - 5,079 5,079 - - - 259 259 256 - - 5,804 5,804 3,442 - - 5,519 5,519 4,306 - - 20,696 20,696 2,151 1,000 - 143,291 144,291 130,965 1 - 448 449 477 - - 425 425 450 - - 4,935 4,935 228 - - 7,571 7,571 5,443 108 - 2,470 2,578 12,267 3,837 - 266,992 270,829 314,203 1,320 - - 1,320 1,200 (20) - 3,616 3,597 3,140 1,301 - 3,616 4,917 4,340 |
|---|---|
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COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
5. RESTRICTED FUNDS
CURRENT FINANCIAL YEAR
| Ageing Well in Place in Hulme Esmee Fairbairn Esmee Fairbairn Funding Plus Garfield Weston Growing Great Ideas Mums Mart Renovation Basket Fund Neighbourhood Investment Fund One World Together Postcode Lottery Fund SH4M - Commission Basket Fund SH4M - Lloyds Bank Foundation Sheffield City Council Ward Pot Smallwood Trust - Community Savers Smallwood Trust - WSRF 2 Smallwood Trust - WSRF 2 Uplift The Charity Service The Clothworkers' Foundation Tudor Trust Turn2Us (Cost of Care) University of Manchester MP-CAN University of Manchester Teaching & Consultancy |
Balance Balance 01-Mar-25 Income Expenditure Transfers 28-Feb-26 £ £ £ £ £ 13,194 55,136 34,719 - 33,611 - 117,000 104,128 - 12,872 - 9,000 7,034 - 1,966 - 20,000 - - 20,000 11,177 21,389 32,473 - 92 (840) - - 840 - - 995 996 1 - 1,586 1,657 1,232 - 2,010 421 - - - 421 9,175 2,500 11,670 - 5 - 50,000 1,116 - 48,884 554 - 554 - - - 28,191 16,368 - 11,823 5,780 41,634 47,370 - 44 - 2,400 2,400 - - - 3,000 3,000 - - 1,396 - 1,683 - (287) 2,865 - 2,865 - - 1,132 - - - 1,132 - 3,000 3,000 - - 990 - - - 990 48,419 355,901 270,608 841 134,554 |
|---|---|
20
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
5. RESTRICTED FUNDS (Continued)
PREVIOUS FINANCIAL YEAR
| Ageing Well in Place in Hulme The Clothworkers' Foundation Garfield Weston Growing Great Ideas MMU - Cocreating Age Friendly Housing Mums Mart Renovation Basket Fund One World Together Postcode Lottery Fund QBE Fund SH4M - Commission Basket Fund Sheffield City Council Ward Pot Smallwood Trust The Charity Service Tudor Trust Turn2Us (Cost of Care) Turn2Us Consultancy University of Sheffield University of Manchester Teaching & Consultancy |
Balance Balance 01-Mar-24 Income Expenditure Transfers 28-Feb-25 £ £ £ £ £ - 13,194 - - 13,194 - 13,200 11,804 - 1,396 8,000 - 8,000 - - 2,050 37,525 28,399 - 11,177 (3,235) 10,076 6,841 - - - 21,786 22,626 - (840) 335 1,251 - - 1,586 24,104 - 23,683 - 421 24,463 - 24,463 - - - 24,007 14,832 - 9,175 554 - - - 554 (4,730) 107,851 97,340 - 5,780 - 3,000 3,000 - - 5,806 40,000 36,940 (6,000) 2,865 15,913 22,655 37,437 - 1,132 2,351 - - (2,351) - 300 - - (300) - 825 825 660 - 990 76,735 295,370 316,024 (8,651) 47,430 |
|---|---|
Ageing Well in Place in Hulme: These funds comprise £10,000 from ROC Industries and carry forward funds from two social inclusion grants from the University of Manchester.
The Clothworkers’ Foundation: This was a grant for the development of a new website with associated photography and film work.
Garfield Weston: an unrestricted grant to contribute to our core costs and our overall poverty reduction work.
Growing Great Ideas: Funds for implementation of a three-year milestone action plan for the deepening and broadening of the Community Savers network. The grant end date was extended to allow for delays within a community space renovation project in Wythenshawe and to cover a small shortfall in staffing resources while we awaited the outcome of our successful application to Esmee Fairbairn Foundation.
MMU (Cocreating Age-friendly Housing): Funding from Manchester Metropolitan University for CLASS strategic development support and Community Savers participation in the action research project Co-Creating Age-friendly Housing.
Mums Mart Renovation basket fund: We were able to combine a range of funds to match-fund the National Lottery Community Fund’s contribution to this new women’s space renovation via Growing Great Ideas. These included: £3,900 contribution from Mums Mart community group; £15,636 Refund from One Manchester Housing Association of funds we had already invested after they decided not to proceed with a new build community space; *£2,250 Uplift grant from Smallwood Trust via WCHG.
One World Together: We are founding partners of this fundraising movement. The funds are unrestricted on receipt but restricted in the sense that CLASS only receives these on behalf of Community Savers affiliates (as opposed to the funds going into CLASS core costs).
Postcode Lottery: This was an unrestricted grant to contribute to our core costs and our overall poverty reduction work.
21
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
5. RESTRICTED FUNDS (Continued)
QBE Foundation: Contribution to staffing costs and freelance capacity building support focused on developing the financial management and financial inclusion skills of women-led savings groups.
SH4M Commission Basket Fund: Funding for the running of the Manchester Social Housing Commission including the following contributions: £12,470 – University of Leeds; two grants of £3,880 and £3,597 – University of Manchester; £1,060 – Manchester Metropolitan University; £3,000 from Social Homes for Manchester coalition member organisations.
Sheffield City Council Ward Pot: Funds we received on behalf of Women in Community Action which have been transferred onwards to that group in the next reporting period.
Smallwood Trust: A three year grant for women-led place-based systems change on gendered poverty in Wythenshawe, Manchester.
The Charity Service: A total grant of £9,000 with £3,000 being released each year for the poverty action work of affiliates across the Community Savers network.
University of Manchester Teaching & Consultancy: Funds received from the University of Manchester for providing lectures or hosting student fieldtrips or participating in University events of different kinds as speakers/contributors.
Tudor Trust: This 3-year unrestricted grant has enabled the CLASS-Community Savers alliance to implement a three-year milestone action plan for the deepening and broadening of the Community Savers network.
Turn2Us Cost of Care: CLASS and Community Savers work in partnership with Turn2Us through their Cost of Care programme and to advance Ageing Well in Place in high rise social housing tower blocks in the neighbourhood of Hulme in Manchester.
The restricted funds are wholly represented by the charity's cash reserves and are to be expended as specified above.
22
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
6. DESIGNATED FUNDS
CURRENT FINANCIAL YEAR
| Designated Reserve Fund PREVIOUS FINANCIAL YEAR Designated Reserve Fund |
Balance Balance 01-Mar-25 Income Expenditure Transfers 28-Feb-26 £ £ £ £ £ 16,000 - - - 16,000 16,000 - - - 16,000 Balance Balance 01-Mar-24 Income Expenditure Transfers 28-Feb-25 £ £ £ £ £ 10,000 - - 6,000 16,000 10,000 - - 6,000 16,000 |
|---|---|
The designated funds are wholly represented by the charity's cash reserves and are to be expended as specified above.
23
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
7. INVESTMENTS
The CIO held no fixed assets investments during this or the previous financial period.
8. CASH AT BANK AND IN HAND
| Cash at Bank & in Hand 9. DEBTORS AND PREPAYMENTS Sundry Debtors |
Unrestricted Restricted TOTAL TOTAL Fund Fund 28-Feb-26 28-Feb-25 £ £ £ £ 26,282 134,554 160,836 70,287 26,282 134,554 160,836 70,287 Unrestricted Restricted TOTAL TOTAL Fund Fund 28-Feb-26 28-Feb-25 £ £ £ £ - - - 74 - - - 74 |
|---|---|
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Independent Examiners Fees Pensions Payable Sundry Creditors Taxation & Social Security Costs |
Unrestricted Restricted TOTAL TOTAL Fund Fund 28-Feb-26 28-Feb-25 £ £ £ £ 1,320 - 1,320 1,200 1,607 - 1,607 1,195 - - - 44 4,661 - 4,661 2,214 7,588 - 7,588 4,654 |
|---|---|
11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
The CIO held no long term liabilities during this or the previous financial period.
12. NET ASSETS BETWEEN FUNDS
| Fixed Asset Investments Net Current Assets Long Term Liabilities |
Unrestricted Restricted TOTAL TOTAL Funds Funds 28-Feb-26 28-Feb-25 £ £ £ £ 264 - 264 394 18,694 134,554 153,248 65,707 - - - - 18,958 134,554 153,512 66,101 |
|---|---|
24
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 28TH FEBRUARY 2026
13. STAFF COSTS AND NUMBERS
| Gross Wages, Salaries & Fees Employer's National Insurance Costs Pension Contributions Employees who were engaged in each of the following activities: Charitable Activities |
TOTAL 2025/26 £ 126,695 5,036 12,559 144,291 TOTAL 2025/26 4 |
TOTAL 2024/25 £ 115,800 4,567 10,598 130,965 TOTAL 2024/25 4 |
|---|---|---|
The Charity operates a PAYE scheme to pay all members of employed staff and no employees received emoluments in excess of £60,000 (2024/25:None).
14. TRUSTEES AND OTHER RELATED PARTIES
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them (2024/25:None).
15. RISK ASSESSMENT
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
16. RESERVES POLICY
The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
17. PUBLIC BENEFIT
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
25
COMMUNITY-LED ACTION AND SAVINGS SUPPORT
(Charitable Incorporated Organisation)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/ members of Community-Led Action and Saving Support on the accounts for the year ended 28th February 2026 set out on pages 14 to 25.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians.
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
Date: 29th June 2026
26