Owl Blue {A company Ilmlted by guarantee) Unaudfted financial statements for the year ended 31 August 2024 Charity number: 1191314 Company number: 06994121 roblnson+co Chartered Accountants Owl Blue IA cornpany Ilmlt¢d by guarantee) Contents Legal and admlnistrative Infomiaticn Trustees, report Independent examlners, report Statement offlnandal ac￿ltIeS io ststernent of financial postlon ii-lz Notes to the financial ststements Owl Blue (A company Ilmlted by guarantee) Legal and admlnlstratlve Informatlon Charlty number 1191314 Company reglstratlon nwnber 06994121 Re8lrtered office 88 Senhou5eStreet MarypDrt CAIS GBS Trustees MrR B Goodwln r P M Hoyles Mi55 S l Hook5 Mr5 S L Steele Ac¢ountsnts roblnson+co Oxford Chambers New Oxford Street Workln8ton C414 2LR Bank•r5 NatWe5t Bank plc 31 Pow Street Workington CA14 3AE Page I Owl Blue (A company limited by guarantee) Report of the trustees {Incorporallng the dlrectors. report) for the year ended 31 AuEU5t 2024 The trustee5 pre5Ent their report and the financlal 5tatefftnts forthe year ended 31 AvBu5t 20X The trt￿tee5. who are also dlrector5.of Owl Blue for the purpusE5 of company law and who served durfng the year and up to the date of thls report are set out on pase l. Structurei governance and management Owl Blue 15 a not-for-profrt organisatlon and Is a company limited byguarantee. Itwas incorporated on 19 AuEust 2009 as Asante and wa5 krKJwn as Asante sana Found*ion from 7 January 2010 to 27 February 2016. It Is Eovemed by Its Memorandum and Artlcles of Associatlon dated 19 Avgust2009, a5 arnended on 14 September 2020. The BvHrd uf Owl Wue meets four.tSme5a year in ad(fition to the AGM. The Board members of Owl Blue att as trustees and have the powe￿ and obllgatlons of company dlrectors under the CompanlesAct2006. The trustee5 are not entltled to or p?Id.any remuneratlon. Owl Blue a150 purchased Insurance to protett ￿ from any loss whlch mlght arf5e from neglert or any default of Its staff or trustees and to indemnify the trustee5 aBBin5tthe Consequen￿ of lo55 or default Dn their port. ObjeL*lves and activitles l. The rellef of persons wlthln the ￿tI$M spèctrum dlsorder, Intludlng patholo8lcal demand avoidante IPDAI and persons with other hldden d15abilitlo4 for example, Aspergee5 syndrome. ADHD lattentlon deftclt hyperactlvlty dlsorderl and sensory tmpairments such as deafness, and thelr famllies and carers In particular, by providing independent professlonal Inlormatlon. advice and support to those persons.This includes those awaiting.NH5 diagnDSI5. 2. To promote soclal kncluslon for people with hldden disabÉfities who are socially exduded frorn Society, or parts of so¢iety by: al Preventirg peoplewlth hldden'dlsabi15ties from becoming socialiy exduded: bl Rellevlng the needs of such people regardle55 Qf sw rare, disability, ethnic origln, reilglon, bell￿, creed. Sexual orientation orgender re•as51BnmenL cl Raislng publlc awareness of the Issues affecting hldden disability both genÈrally and in relatlon to Social exdu510 through providin8 workshops. forums. advocary and general support. Achlevements and perfomwnce Another amazlng year for Owl Blue. wlth some larg4 posltive changes to happen 8oin8 forward. The year has not belng wlthout Its challeng&s and again we have been vtctlms of our own Suc￿sS, not belng able to provide all the support and advice that Is ￿qUIred throughout Cumbrla and fvrtherafield, hopEfvly we con addre55this In the comlnE year. Golng forward we hope to contlnue a bulld.on our success. It ha5 been a long journey to where WÈ are now but well VKJrth thè èffort that everyone Involved with Owl Blue has contrlbuted to. Owl Blue {A company Ilmlted by guarantee) Report of the trustees (incorporatinKthe dlrertors. report) for the year ended 31 August 2024 Support Network l} Al Owl Blue now hove an extenslve range of support and adv1￿ servlces far IndI￿dual5, famllle5, bu51nes5e5, SchoDIs and voluntary or8anlsations. our rnain profes51onal ad￿ce In our I., I se55lon. elther in person or over video calls.15 Biven by Geoff Evans, Nichola McDougall and Ruth Barkarand general advlce and support8lv•n bystuart McDou8all. Bl Our I:1 ses51ons have been Immensely populap we have held monthly fate to face 3ppolntments In our Maryport ofnces whlch are held by Geoff Evans, these are fully booked a month In advance (due to demand). We have referrals from famllles themselves and from vailous publlc servlces bèsed In Cumbrla, Indudln8 (but not excluslve tol C4HMS, Childrens SeThices, Bembrdo's, Famlly Artlon. Soclal Prescribers and school& Appolntments have been made throughout Curnbrla and beyond. Cl Our ￿de0 calls servlce usually h4v• a weqks waltlng ￿rne and are taken by our fully quallfled professlonals IGeoff. Nichola and Ruthl and referrals Jre made by the Same mlnner as mentloned In B. Thls sejylce is malnly used by families from throuBhout CumbTia. we have also had referrals from South Scotland. Lancashlre. Durham and Nottlngham. DI Our advlce to SchoDls, Buslnesses Bnd other organlsBtlons has been a huge Suc￿$$. By workln@ togetherwe wlll make chan8e5 In the way we work and teath. Manyyear5 have been spent trylng to make neurodiver8ent people conform. Into neurotypical ideolDBIE5. thi5 15 extremely dama8ln8. By 8alnln8 an understsndln8 thto why change Is neCe￿ary we are step closer to creatln8 an Indusfve soclety. 21 Owl Blue acts as a 'Slngle Polnt of Access,, forover elghty busSnesses and organlsatton$ thro￿hoUt Cumbrta. 31 We also now work wlth varlous companles throughout the reglon offerln8 advice on neurodlv•rslty In the workplace, Indudlng'SellafFeld Ltd. mor￿ SlndJll, Cumbrfa Chambor ofcornmercffj Story Group and Energus (to name a f•wl. Semlnors & Workshop5 Duè to demand for our s•rvlce4 we have Increased the number of workshop$ and qu8Stlon and 8nsw8r s8sslons, to enAble us to reach a larger audlenc•. Ihe 1-2-1 se55lons.are very valuable to many famllles, btrt we can Incrèase the number of famllSesltnd5wfjduaLs w• support thls way and works out a better resourcefor the kncome we have. These have Included- Understanthng PDA. UndeTStindln8 autlsm UnderslandingADHD Under5tanthnÈ Anxiety Managlng behavlour5 that thallenge Slb15ng workshop5 Neurodlverslty In the workpl3¢e Page 3 Owl Blue IA company Ilmlted by guarantee) Report of the trustees (incorporatlngthe dlrectOTS' report) for the year ended 31 August 2024 ARFID- avoldontre5trictrvefvodlrtoke di5order{5UPPOrtgroup SupportEroups are somethlnK we have not done In the past butwe were havlnB so many famllles come to us wlthlssues with variou5 5eNice5 over eating disorders children belng Wro￿1¥ dlagnosed and JrMs-undu*vod. most ¢hildren who had ARFID were wron8ty belng treoted for anorexlo Immplelely dlfferent profile) m05t also had other conditions such as autfjs￿ ADHD or OCD. these condition5 were not bein6 tsken into consideration when treatment wa5 beln8 offered and many children and famllles have suffered as a resulL We run a montNy supportgroup held at the settlement In Maryportand The Fire Ststion in Carlisl We have also been doing a presentatlon on ARFID to schoo15, 8roups GP Surgerfe5. which we hope to bulld on. Our ARFJD 5UPPOrt proje¢ 15 one of only a handful currently available In the UK and we are also helping the NHS create pathway on hospitsl admlssii)ns, whlth currently there is not one available. Thls is a150 an example on how we are going to listen to service Users and engage in actlvltEe5 and prolects that are much needed in Cumbria. GTonts & Fundrnisin9 We thank all those individuals. organi5ations. Charitie5 & Local Authorities that have continued to share our values and 5UPPOrt our work in 23124. We value all our relationshlps and ne￿OrkS, as it is the tollective volte that speak5 the loudest. We apweclate all support and collaboration ts date and this wll be an essential factor In putUnE all people wlth Hldden Dlsablllty atthe centre of declston5 and In the heartof thelr communltSe5. Thank5 tc ourmaln fuThJers in 202312024... Franri5 C ScottTrust MaryportTown Counal Robln,Rl88 Trust As Tnentloned, we wdl be working hard to incroase the amount of funder5 in 202412025, hence our Involvernent with Togetherwe fundralse, Qurfundraising shop still remains a good source of Income for Bluè. although wè appreciate the dlflkultles the shop Is faclng at the moment. There 15 a lot of developrnent work golng on in Maryport whlch Is having a negative impart on the town but the majority of the work to be CLMnpleted by the end of 2024 then the the remaining work in 2025. On complete we hope the improvements will have a positive impacton the town. bringi￿ more people Into Maryport. Alongside the grdnts we now recelve and the fundralsers wè ha￿. We are also Eolng to be looklng to Increase the amount of people fundraIsI￿ for Owl Blue and forother source5 of Income. Page4 Owl,Blue IA company limited by guarantee) Report of the tru5tee5 (Incorporatlng the dlrectors, report) for the year ended 31 August 2024 Awards Owl Blue founder and Manager Stuart McDou8all was shortlisted Sn the category of'Posltlve Role Model. In th15 years DiversÈ Cumbrla award5. he wa5 a150 one of the three people shortlistÉd In all the categortes. to be put forward for the Ilfetime achievement award. Unfortunately. Stuart dld not collect elther award. but his shortlistinE agaln proves his commitment and dedtcation to Owl Blue. Stuart has also been nominated for the 'Dlverslty power Ilst, 23124 which Ilsts 50 profound champlon5 of inclusSon and dlver51tyfrom across the UK we will find out In November rfstuart has made the IISL Nichola McDDugall was 3150 a flnallst in this yèars 'CumbrfaTh Woman of the Ye* award5. These awards celebrate the marvellous achievements by women from thro￿hOUt Cumbrfa from all levels of soc¢ety and we were all delighted at Nlchola's nominatlon and a5With Stuart again proves her dedlcatlon to hÈrwork. We have also once again been nomlnated In the National DivEr5ity Award5, in the cateBOry of 'Community group - Disability.. We wlll a8aln find out later in the yearlf we have made this yeaes fina15. as we did in 2022 Belowaresome ex&nple5 of the recommendatlons we have recelved overthe past hyelve month& Nlchol8, StuaT( Geoff and the team at Owl Blue have supported ffly entlre f￿nIlY over the last 12 months. offertng us much needed help in our home, work.. and school live5. Owl Blue ha5 worked closely with my employer, The Cumberland Building Soclety and through thls hntastie partnershlpi I have been able to access regular 1-2-1 5UPPQrt and have attended several trainlng se55ions focused on neurodlver51ty. Owl Blue helped The Cumberland to create a Neurodiversity TDolkit for colleagues which has recently bÈen launched acr055 the bu51ne55, th15 has been inttedxbly well received by everybody and has driven Increased awareness and understar#llng of neurodNer5ity throughout our workplace. It h35 also helped to build an even more InclL151ve place towork and one where evèryone can feel a true sense of belongin& Due to the supporL I have pernonally recelved from Owl Blu¢ I have bèÈn able to find the confidence to open up to colleagues and the wlder WOTld about my own expertences a5 an auti5tlc pèrson. whith l only distoverÉd at thè age of 49 thanks to my conversatlon5 With Owl Blue. ￿on&51de the professional and personal support lkn recelved. Owl Bknè has aLso helped my 12- and IS.year•old daughter5, who are both thov8htto be autisti My ¢hildren have received 1-2-1 consultatlonswlth Geoff and play therapy ses5iCffl5 with Rut￿ at Owl Blue%.lovely setting in Maryport. These 5esstons have helped the glr15 to understand themselves better, leam technlques to manage thelr struBgle5, and has led to them belng more conftdent and settled at school and at home. A5 4 famlly we do not know where we would be wlthout the support fmm Owl Blue over the last year. It has been rernarkable. and we cannot thank them enough. Urth•ll8vable 5UPPVrtthat¢hanges1Sves, bespoke 5UPPQrtwlth you and yow needs atthe centrè of overythlng and lust small Curnbrlan charity that rerplve5 no NH5 or Local Authorlty fundlng, lust a dedlcated organlsatlon that raises it own funds'and spends thern on how It seems rrt. They do nol turn up with ¢heckllsts or questionsto answer on a scale between l and 10. one slze doesn* th all and ￿,5 such shame other organ15atlon5 do ff ot take the same apprva¢h a5 Owl Blue. they Ilsten. they do nol ludK they then advlse. It's a slmple but effectlve approach and I wlll be forwer grateful. PaBE 5 Owl Blue (A cornpany Ilmited by guarantee) Report of the trustees Oncorporatlng the dlrectors, report) forthe year ended 31 August 2024 Vlhen l flrst had concem5 about my daughter. no one would Ilsten as we had lust been throtsEh covld. and It was thelr favourlte excuse. I had no help or support and dldn't know where to turn to. I heard abuut Owl Blue and reached out to them. Wlthln a short tlme, I had a face.to-face meetlng wlth them and galned more help and Insl8ht and finally felt Ilke someone believed me and It was the greatest feellnc. 7he team are amazln8. no question wa5 too sllly, and I could emall day or n5ght for SUPPOTL and they alway5 took the tlme to reply and offer help kn ènyway they could. attended a few of thelr Seminars theykn organised and the Inslghts into certaln toplcs are Invaluable to parentslc3rer5 because therels just no help out there, l am e5peclally looklng forward to thelr tslk on ARFID In my area whlch my daughter has and Is not re¢ognlsed for dlagnosls In our reglon and so there Is no $upport for It at all In Cumbrla othèr than Owl Blue. l am forever Broteful to Owl Blue for belng a Ilfellne when I had nowhere else to turn and.more Importantly fur Ilstenln& carlng and supporting me when other5 wouldn't. They Ife Incrèdbly h¥d v￿rk[m& offerlng support lo a CDmfflunlty that Is In despÈrAte need duo to an under rqsaurc•d local authorlty. They offer advlce, educat1u￿ and 5UPPOrt acros5 th• board to m•ny f4rnillog and professloTral seryl¢•$ In n¢4d. Th•y ar• a safv place for par4Ats to go and talk wlthout ludgement and thelr seThites to the needs of the ¢ommunlty. wlth the recent addltlon of an ARFID iupport 8rnup. ThÈy have offered workplacq educatlon for buslnes5e5 whl¢h Is vltal Elven the ever-8rowln& number ol adults, Ilke myself, that are belng dl4Kn05ed wlth neurodlverse ¢on¢ltlon5. Supportlng manqEers to galn a better understsndlnK vf A5D and ADHD and sUPPOrt th•lr employqgsi puttin8 r•a50nablq adlustments In plac•. Th15 wlll support adults to'malntsln a presence at work and prevenl them becdmlng Isolatsd and devolop mental health Issues or belng percelved as Incopoble of carrylng out thelr rol•. It lllso glves rnanaEef5 a better understandlnl of employe￿ wlth chlldren who aro nourodlverse and the ch¥llenKe5 they are deallng wlth. Js lack of sleep* low moo4 trrd￿ne￿ fflay •ll be a result ol dealln% wlth a thikl with Iddhlonal n￿d$, and parents should be supported wlth thlk On the whole Owl Blu4 •r• • vltal servlce for a hu8• sertlan Df Cumbrla, far beyond M3rypoTL They work tlralessly to meet the needs ol thelr users, thay Ilstan In non-ludgemental WAV and off•r parents som• r•assurancè and educatlon on how to manage exlremely chHIIEnElni ¢lrcurnstance& But thls 15 only the tlp ol the Iceberg as to what they artually do. IR my rnlnd thqy 4r8 Invaluabl• and should rKelve lundlng to support tholr work. and deftnltely an award to llcknowledge the vlKorou9 work they do. Owl blue hhve provlded my collea8ues and frfend5 wlth 8uldance 8nd $upport throu8h the most dlfflcult of tlmÈs. They provlde a seNlcÈ like no other. There is very little help and support out therè for people wlth hldden d15abllltles and people feel lost on Icng waltln8115ts wlth nobody to speak to. Owl blue provlde that support and gdvlce and are playlng a vltal rote In educatlng our communltles around thl I had so access to learJblnB about aut15m all lundqd by owl blue. The whol4 locAI tomrnunlty benellts from the provlslon of spealrErs and educators many of whom travel from gutslde thE county ta share knowledKe and experlen¢e. It Iras made such a dlfFerence to my experlence as rnum and Improved our famlly dynamic. l am muth le$5 Stressed ind anxlous and In turn share knowledge wlth 01he￿ l also work in healthearo and have found thls organlsatlon very Slow to.- provlde educailon 20 the employees. I'm ffluch rnore confident In my suppurt of aut15tlc patlents, who attend under greot stre￿. often In emergency s]tuatlon5. Prnrucat sk1115 and 5UPPOrt fflake the healthcare challenges much.ea51er to tolerate for them. My ¢olleaKues also feel able to ask my oplnlon and.1 feel l am able to offer a better standard of care. I have so much to thank Stsart and Nlehoia for on a personal and profess5onal le¥el. I wlsh them all the luck th thA world. Th•y ar• totslly gl¥lni of t]me and re50urcesvtruly c¢mmunlty sptrlted and neurodlveryent5UPPDrter5. Flnanclal revlew At the balan￿ sheet date the charlty had a surplus of £4.790 on unrestrlcted funds and £8.201 on restrlcted funds. R•5ems ReseNe5 at the balance sheet date are held pendSng utlllsatlon on 5ultable prolects. The trustee alm5 to hold sufficlent reserves only to pay for any Tunnlng costs of the organSsatlon as they fall due. Afi other fund5 raised are spent on the varlous projects gjpported. Page 6 Owl Blue (A company Ilmlted by guarantse) Report of the trustees (Incorporatingthe dlrertors. report) for the year,ended 31 Au£urt 2024 Rtsk management The tru5tee5 have assessed the major strategi4 buslne55 and operattonal rfsks to wNch (he Orga￿SatIOn Is exposed. Thev are satisfied that SY5tem5 are in place to mltl8ate the exposure to these rfsk$. Plans for future perlods We have lots of plans for 24125 lrtludlnB leavlng our Wood Street offlce5 and developlng our Senhouse Street PTemlse5, to Include two top floor offlces. top Itoor toile¢ the mlddle room Is to be turned Into our own tralnlng room and kltchen area, wewlll then con51derlf we are to do away with our bottom floor fundraisinB shop and,make more office space. If we do close the shop. dependlng on how the town's redeveloprnentKoe5, we might lind an altsrn*ivo premises for the shop. We are a150 to speak wlth "Together We Fundraise, about fundralslng on Owl Blues behalf. Grants are becornln8 a vitsl part of what we.do 50we belleve some professlonal advlce and help In this area would be very beneficial to us. Increase ourwofk aound AC14D offerfn8 Ilfe coochlngto older ¢hlldren and odults. Set up an ADHD peer supportBroup,. To look for fundlng to Incr•4w our 1-2-1 support, whlch Is very vltd to our wurk. To contlnue to Increase our $emlnars. workshops and questlon & answer sesslons, enabllng ourselves to hlt a wlda udlenc•, Slatoment ol trustees, re5ponslbllltlqs The trustees Iwho are a15a dlrertor5 of Owl Blue for the purpose of company lawl are re5pun51ble for preparlng the Tru5tees' Annual Report and'the financlal rtatement$ In accordance wlth appllcable.law and Unlted Kln8dom Generally Accepted Accountln8.PraLtlce. Cornpany law Tequlre5 tho trustee5 to prepare finandal rtatements for each flnanclal year whlch 8lve a true and falr vlew of the state of offalr5 of the charitable company and of the Incomln8 re50urce5 and appllcatlon of resource5, IncludlnB tho In¢ome and expendlture, of the ch4rlt4ble company for that period. In preparing these financial statements, the trustees a￿ requlred to". selert Sultable accountlnB pollcle5 and then apply them consistentty; observe the rnethod5 and prirtciples in the Charfties SORP; make lud8ement5 and estlmates that are reasonable and pruden¢. state whether appllcable UK AccoLmtin8 Standards have been followel $ublect to any material departu￿$ dlsclosed and explalned In the financlal statements: and prepwe the financlal statemenrs on the 8olng concern bas15 unle55 It 1$ Snapproprl4ts to presume that the charltabla companywlll contlnue In operatlon. The trustees are re5pon51ble for keeping praper atcounting records whlch dlsclose with reasonablè accurary at any time the flnanclal p051tlon of the tharltable cornpany and which enable them to ensure that the financlal statements comply wkh thè Companles Art 2006. They are ￿s0 responslble for safeguardlng the assets of the charltable company and hence fortakin8,reasonablesteps forthe preventlon and detectlon of fraud and other Irregularltles. Small company provlslon5 Thls report has been prepared tn accordance wIth the'5pecial provislon5 for small companles under Part 15 of the Companle5Act 2006. Page 7 Owl Blue IA company Ilrnlted by guarantee) Report of the trustees (Incorporating the dlrectors. report) for the year ended 31 August 2024 On behalf of the board Mr P M Hoylos Trustee 23 May 2025 Pa￿8 Owl Blue .(A comparry limited by guarantee) Independent examlner's report to the trustees on the unaudited financl31 statements of Owl Blue. I report to the.tharity trusteeg on my examlnatlon on the accounts of. Owl 81ue for the year ended 31 August 2024 set out on pages 2 to 22. Responslbllltles and basis of report As the charlvs trustees of the Compan¥ (who are also the dlrector5 of the company for the purp05e5 of company lawl, you ar• responsible for the preparatlon of the accounts In accordan¢& wlth the requlrements of the Companles Act 2006. Having satlsfted myself that.the accounts of the Company are not requlred to be audlted for thls year under Part 16 of the 2006 Act ond are ellÈlble for independent emarnlnatlon. I report In respect of my examlnatlon of your charl￿5 accounts as carrled out under sertlon 145 of the Charltle5 Act 2011. In Earrylng out my examlnatlon, I have followpd the dlrertlcffis thten by the Charlty C￿MISsIon lunder5ectlon 145151 Ibl of the Charitles Act 2011. Independent examlner's staternvnt I have complet¢d my examlnatlon. I confirm that no materlBI matters h8ve come to my attentlon whlth ifves me cause to belleve that.. accountlng records wer• not Wt In accordanc•wlth sectlon 386 of the CompanlesAtt 2006,. or .the accounts do not accord w6th such records: or the accounts do not comply wlth relevant accounttn8 re4ulrements under sedon 396 of the Companles Att 2006 other than any requlrement that.the accounts 8lve a'true and falr, vlew whlch 1$ not a Matter consldered as part of Hn Independent examlnatlon: or the accounts have not been prepared In •ccordancewlth the Charftles SORP IFRS1021. I have no concerns and have come Kros5 no other matter$ In connectlon wlth the ￿arnIn3t1On to whlch attentlon should be drawn In thls report In order to enable a proper understsndlng of the accounts to.be reached. Darren Mewse FC4 Mblnson + co Chartered accountsnts lthlependent examlner Oxford Chambers New Oxford Street Worklwwn C414 2LR 23 May 2025 Page 9 Owl Blue IA company Ilrnlted byguararteel Statement of financlal activitles (Incorporatlng the Income and expendlture account) For the year.ended 31 August 2024 Unrestrlrted Re5tr1cted I￿ndS funds 2024 Total 2023 Totyl Notes Incomlw resources Incomlng resourceslrom 8eneratln8 fund5: Voluntary In¢omo Acti?rrities forgeneratin8 funds IS,284 36.188 29,680 44,964 36,188 32,512 30,656 Total Incomlng resou￿•5 51472 29,680 8L152 63,168 Resour¢e8 •xp•Trded Costs of generatlnE funds: Costs of other tradln8 artlvltle5 Charttable actNlties 29,289 23,875 29.289 47,708 25.159 43,908 23,833 Total le￿UrCeS expended 53,164 23.833 76.997 69.067 Net Incomel(•xpendSture) for th¢ year IL6921 5,847 4,155 15,8991 Total funds brought fornvard 1354 8,836 14,735 Total funds f4rrfed lornard 4,790 1201 12,991 8,836 The statement of flnindal actlvltles Includes all 8alns and losses In the yearand.therefcrfe a separats $tstefflent of total reco8nlsed 8alns and losses has not been prepared. All of the above amounts relate to contlnulnB acuvltles. The ftDtes on pages 13to 22 forni an kntsgral partaf these lknanclal statements Pa8E 10 Owl Blue (A company Ilmited by E￿arantee) Statement of flnanclal postlon as at 31 August 2024 2024. 2023 Flxed assets Tan8lble assots Current assets Debtor5 Cash at bank and In hand 671 13 41 10.981 15,186 15.186 11.022 Credltors: amounts falllns due wlthln one year 14 IL6791 IL7241 Net current ass•ts 13,507 9398 Total a5s•ts1•55 ￿rrtrnt Ihbllltl¢J Credltors". arnounts.f4111n8 due after more than one year 13,507 9,969 15 15161 11,1331 Net assets 12,991 8A36 Fundg Restrirted Income fund5 Unre$trlrted Income fundi 16 8,201 4,790 2.354 6,482 Tot•1 fttnds 12,991 8,836 The statement of Itnandèl postlon conth)ues on the followln8 pa8e. The notes on paKes 13 to 22 fomi an Integral partof iheseflnanclal stateme Owl Blue {A compary Ilrnlted by guarantee) Statement of finartclal postion (contlnued) Trustees statements requlred by the Companies Act 2006 for the year ended 31 August 2024 In approvln8 these flnanci315tatements astrustees of the companywe hereby confimi- (al that for the year stated above the company was entltled to the exemptlc*) conferred by sectTon 4T/ ot the ConyanlesAct 2006: Ibl that no nDtitÈ has beèn deposited at the reglstered office of thè company pursuant to sectlon 476 of the ConwanlesAct 2006 reque5tlnB that an audit be conducted forthe year ended 31 AuBust2024. Icl that we acknowledge our re5ponsibilitie5 for IU ensurfnB that the company keeps proper accounting records whith comply with Section 386 of the Companles Act 21K16. and 121 preparing financlal 5tatement5whlch 8ive a true and fairview.of the State of affalrs of the company as at the end of the Itnanclal year and of Its profit or loss for the year then ended In accordance with the requtrements of Sections 394 and 395, and which othernlse comply with the provisions of the Companies Act relating to ftnancial statements, so far as appltcknle to the Company. These financial statÈments are wèpared In accordance with thè speeial pwsions of Part ￿ of the Companles Act 2C#J6 relatlngto small companies. The financlal statements were approved by the board on 23 May 2025 and slgned on its bèhalf by Mrp M Hoyles Tru51ee Reglstratlon number 06994121 The nole5 on pages 13 to 22 forni an Integral part of these flnanclal ￿ateMent& PaBe 12 Owl Blue (A company Ilmlted by guaranteel Notes to flnancial statements for the year ended 31 August 2024 Génèral Informatlon The charfty is a publlc beneflt entlty and a prlvate company limlted bv Buarantee. re815tered' in EnBland and Wale5 and a reglstered charSty in England and Wales. The address of the reglstered office Is 89 Wood Street Maryport C415 GLH. Statement of compllance These flnanclal ststements have been prepared Sn compllance wlth FRS 102. Yhe Financial Reporting Standard appllcable In the UK and the Republlc 'of Ireland,. the Statement of Recommended Practlce appllcable to charltles prqpllrin8 their accounts in accordance with the Flnanclal ReportSn8 Standard applicable in the UK and Republic of Ireland IFRS 1021 ICharltl•s SORP IFRS 102118nd the Companles Act 2006, A¢countlns polld•• 3.L Bas1$ of preparatlon The flnanclal statements have been pre￿red on tho h15torlEBI c05t bas15, 15 rnodined by the revaluatlon of certaln flnanclal assets Jnd 118bSlltles and Investment propertle5 measured at falr value throu8h Incomv or expend5ture. The finincl•l stJt¥ments ar• prepared In stèrllnii whlch Is the functlonal currency of th• •ntity. Golng¢anc•rn There ire no miterlol uncertalntle5 about the charlty's abllltyto contlnue. Dhdowre exemptsons The tharlty has token •dvants8e of the ￿eMptIon In FRS 102 Update Bulletln I from the requlrement to produce a ca5hfl¢)w statemènt because It Is a small charlty. PaBe 13 Owl Blue (A company Ilmbted by guarantee) Notss to financlal ststements for the year ended 31 August 2024 3.1 Bas15 of preparatlon l¢untlnued) Judwnents and keYsour￿5 ol estlmatlon uncenalnty The preparatlon of the financlal statements requires the members to make judgements. estimates and as5￿nptions that affert the amounts reported. These e5tlmale5 and jvdgements are continually revlewed and arè based on experience and other factors. Includln8 expectations of future events that are belleved to be reasonable under the drcumstances. 51gnlficantJudgemenis The judgements (apart from those Involving esUmatlonsl that the mEmber5 have made in the prow of apptyinB the entity's accountln8 pollcles and that have the most s18nlficant effert on the amounts recognlsed In the financial ststements are as follows: lrnpalrment oltanBlble assets The tharfty is requlred to wew fNed assets for Impalmient. The trustees make judEements ab￿t the condition of assets and reviewtheirestlmated Ilves. W sDur¢esof estlmatlon uncertalnty Accountln8 estlmates and assumptlons are made concernlnE the fu￿re and. by their nature. will rarely equal the related actual outcome. The key assumptions and other sources of estlmatlon uncertalnty that have a sl8nificant risk of cau5in8 ¥ m4tsrial adJustment to the caTrytn8 amounts of a55ets and liabilities with the nèxt rinancial year are as follow5: The u5efvl pconomlc Ilfe of each cateBOry of flxed assèt is assessed wheft acqulred by the charity. A degree of estlmation is occa51onally used in assesslng the useful ecrmomlc lifè of assets. Fund atcountIng Unrestrlcted funds.are availablE for use atthe disrrpti¢Jn of the trustees tu furtherany Df tho charity's purposes. Re5trirted funds are subJected to restrictions on thelrexpenthture declared by the donor. PaKe 14 Owl Blue (A wmpany Ibmlted by guarantee) Notes to flnancial statements for the year ended 31 August 2024 I Incomln8 reSoU￿S I IncorninB resources are Induded In the statement of finantial attNitiÈs when the tharity Is entltjed to the income and the amount can be 4uantlfied wlth reasonable accurary. The followlng spedftc pollcles are applied to partlcularcategoftes of Income. Income from donatlons or 8rants 15 reco8n55ed when thtre Is evldenco of entlUem•nt to" the 81ft, recelpt Is probable and Its amouftt can be measured reliably. legacy Income 1$ rewBn15ed when recelpt Is probable and entltiement Is establlshed. Income from donated goods Is measured at the falr value.of the good5 unless thls Is impractlcal to measure relljbly, In whlch case the value Is derwed from the cost to the donor or the estlmated resale value. Donated facilities and 5ervlce5 are recognlsed In the accounts when recebved If the value can be reliably me85ured. No amounts are Included fortho contrfbutlon of Benenl volunteers, Incorne from contracts fvr the supply of serylces Is recognlsed wtth the dellvery of the c¢ntra¢ted serylce. Thls Is classlfied as unrestrfcted.funds unless there Is a contractual rèqulrement for It to be.5pent on a partlcular purp958 and retumed If unspenL In whl¢h case It may be rogarded as restrlrted. 3. Resource5 •xpended Expendlture Is reco8nlsed on •n acwual ba$ls 45 a lIa￿lIty Is Incurred. Expendlture Indudes any VAT whlch cannot be fully recovered. and Is reported as part of the expendlture to whlch It relates. •xpendltUfe on falsln8 funds Inc[￿le$.the.c0sts of all fundrnlslng'a¢tlvltles, events, non