**REGISTERED CHARITY NUMBER: 1194591** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **FOR** ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|13| |**Detailed Statement of Financial Activities**|14|to|15| ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The principal objective of the charity will be the provision of support and services to the young people of Aber-Valley and the surrounding areas. We will assist in the provision of social welfare facilities for recreation and other leisure time occupation for men and women with the objective of improving their conditions of life. To this end, the charity operates a full and varied programme of events designed to benefit the public with activities for everyone in the community of all ages male or female. ## **ACHIEVEMENTS AND PERFORMANCE** In planning our activities for the year we have considered the Charity Commission's guidance on public benefit. The main area of activity normally involves providing a varied programme of activities 7 days per week giving people of all ages a place to meet and socialise with their peers whilst partaking in leisure activities, healthy living through sport and exercise and life long learning through our various courses. ## **FINANCIAL REVIEW** ## **Principal funding sources** The major source of funding is the letting of the sports hall along with associated income and grants from both the public sector and charities. ## **Investment policy and objectives** Apart from a prudent amount kept in reserves each year, most of the charity's funds are spent in the short term so there are few funds for long term investment. The reserves are kept in a saver account. A review of investment policy is made annually. ## **Reserves policy** The reserves policy adopted by the charity is to allow for one year total costs to be kept in reserve. The financial statements disclose a surplus of £14,017 (2024: -£327), the surplus on unrestricted funds was £36,364 (2024: £-4,189). At the year end the charity had restricted funds of £586,524 (2024: £608,871) and unrestricted funds of £78,320 (2024: £41,956). ## **FUTURE PLANS** The charity plans to continue the activities listed in its programme for the benefit of the community, subject to satisfactory funding arrangements. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its constitution of a Charitable Incorporated Organisation (CIO). ## **Recruitment and appointment of new trustees** The members of the Board of Management are also charity trustees for the purpose of charity law and under the association's constitution are known as the management committee. Members are elected for a period of 3 years after which they must be re-elected at the next A.G.M. ## **Organisational structure** The Young Men's Christian Association Aber Valley Branch has a Management Committee of up to 21 members who meet monthly on the last Friday of the month. A scheme of delegation is in place and the Senior Youth Worker/General Secretary is responsible for ensuring that the charity delivers the services specified and that the key performance indicators are met. The Manager has the responsibility for the day to day operational management of the centre, individual supervision of the staff team and also ensuring that the team continue to develop their skills in line with good practice. Page 1 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IAARCH X25 Inductlon oThi tralnlng ol rnwlru5t••s The main aspects Oftt￿ trairiry ar8.. 2. d￿j￿ents¥￿ith settxrttr*fraftwxk forlhe thaiity i[￿¥￿a kne 4. Future ple￿ 8Th1 REFERENCE AND ADMINISTRATNE D￿AL5 11￿91 PrlrKlp•l •dth••s Abervalky Brsnth rynhafod Road Caerthil CF83 4BH Mr E MBE Ch Mr K S)￿ TDAStee Mf D Jenkins TnJ5te8 P Rees Tnthe M¢$ T stO￿T￿￿O8 P 8lk% TnJ51ee MIJ WIllHms Trathe Mr D Tr MfCLa H￿ry LW Da￿5 Bevan BlK*la￿ LLP Casue Court Swansea Ert8rprBe Pwk Swans8a SA7 irEEv￿mBE.Tn Ilhe TDJ5tlforthe yeaTeTrJ8d 31 M8rth 2025. req￿raMentts ofthe Chathbes 2011 ￿ Prf). I [B￿rt in r85FÉCt of my ￿mI￿(x1 of Ihe Tru&fs r*rrigJ Seikn 145 caryiry out rny examI￿1￿)n I have *1 8prAtabk (awty C4)mmiswn wvJErSe<*un 14q5Xbl ofthe knL a¢￿Ju￿￿ reCordst￿re mt krfl resp&a ofts Tn¢ta6 try Seia•Jn 13) oftt*AL* or the acwunts do rnt rx)mply %*ilh the 8pFlh2b￿ rw4UY8ments ft)m aThJ ityrtent of ￿￿unts set out in Bevan BI￿8￿1 LLP Ground Fbor Cardyaan Fk)L cast￿ Court sw8￿&a SA7 9LA Dats.. 13 Jan￿ry 2026 ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
41,195
**Charitable activities**
5
Charitable Activities
30,000
Other trading activities
3
33,487
Investment income
4
315
**Total**
104,997
**EXPENDITURE ON**
**Charitable activities**
Charitable Activities
68,633
**NET INCOME/(EXPENDITURE)**
36,364
**RECONCILIATION OF FUNDS**
Total funds brought forward
41,956
**TOTAL FUNDS CARRIED FORWARD**
78,320|Restricted
funds
£
-
-
-
-
-
22,347
(22,347)
608,871
586,524|2025
Total
funds
£
41,195
30,000
33,487
315
104,997
90,980
14,017
650,827
664,844|2024
Total
funds
£
12,542
48,719
38,570
302
100,133
100,460
(327)
651,154
650,827| |---|---|---|---| The notes form part of these financial statements Page 4 BALANCE SHEEr 31 IAARCH 2025 2024 Total fur￿$ Totsi T￿￿1b￿ assets 578249 585.041 610.082 Debtors Cash at t4nk 10 67.420 8,275 75.695 37.&38 74.883 8275 &3.158 44.683 CREDrroRS mourts fallir#J du8wittMone 11 13,3551 13.9381 CURRENT ASSETS 71.S28 275 79.803 40,745 eX*.827 78.320 .524 es).827 FUNDS Unrestri(tsJ fiJTr18 12 78,320 586.524 41,956 08,871 TOTAL FUNDS 650,827 Th8 ffinanoal stat&nenb werp app[Th￿ by ts Bowd d Tr￿￿0$ for i58ue on .............. ......... . We￿ on fG i*haWty. MrE MBE. Tr ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Grant income is accounted for on an accruals basis and is shown in the financial statements when the Charity earns the unconditional right to the funds. Grants received for a specific purpose are treated as restricted funds. Revenue grants are credited directly to the Statement of Financial Activities and Capital grants are released over the life of the asset in line with the depreciation policy. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. Income from room hire is recognised when the hire takes place. Fitness centre income is recognised when paid. When a payment is made for an extended period it is credited evenly over the period to the SOFA. Donations and similar incoming resources represent monies received by the charity from charitable donations and gifts. These are recognised in the Statement of Financial Activities upon receipt. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Allocation of support costs** Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include finance, personnel, payroll and governance costs which support the charity's activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Freehold property|- 2% on cost| |---|---| |Improvements to property|- 10% on cost| |Fixtures and fittings|- 20% on cost| |Sports Equipment|- 20% on cost| Assets below £100 are not capitalised, but included within expenses. The Trustees do not believe any assets are impaired and do not carry out impairment reviews. The trustees of the unincorporated charity agreed to transfer the property to the newly formed Charitable Incorporated Organisation (CIO). With the current backlog at the Land Registry the process is ongoing. Page 6 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes falling in future time periods. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. ## **Preparation of the accounts 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. Page 7 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**2.**
**DONATIONS AND LEGACIES**
Donations
Subscriptions and Memberships
**3.**
**OTHER TRADING ACTIVITIES**
Catering Income
Letting Income
Fitness Suite
Sundry Income
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Charitable Activities
Grants received, included in the above, are as follows:
Caerphilly County Borough Council
Garfield Weston
Postcode Lottery
AV Community Council
MADL
National Lottery|2025
£
33,843
7,352
41,195
2025
£
7,079
25,863
509
36
33,487
2025
£
315
2025
£
30,000
2025
£
-
6,000
-
5,500
-
18,500
30,000|2024
£
3,059
9,483| |---|---|---| |||12,542| |||2024
£
10,131
27,601
546
292| |||38,570| |||2024
£
302
2024
£
48,719| |||2024
£
7,150
6,000
12,000
500
300
22,769| |||48,719| Page 8 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **7. STAFF COSTS** ## **8.** |||2025||2024| |---|---|---|---|---| |||£||£| |||||| |Wages and salaries||35,521||34,151| |National Insurance Contributions||-||-| |||||| |||||| |||35,521||34,151| |||||| |||||| |No employee was paid over £60,000.,
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
12,542
**Charitable activities**
Charitable Activities
8,950
Other trading activities
38,570
Investment income
302
**Total**
60,364
**EXPENDITURE ON**
**Charitable activities**
Charitable Activities
64,553
**NET INCOME/(EXPENDITURE)**
(4,189)
**RECONCILIATION OF FUNDS**
Total funds brought forward
46,145
**TOTAL FUNDS CARRIED FORWARD**
41,956||Restricted
funds
£
-
39,769
-
-
39,769
35,907
3,862
605,009
608,871||Total
funds
£
12,542
48,719
38,570
302
100,133
100,460
(327)
651,154
650,827| Page 9 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **9. TANGIBLE FIXED ASSETS** |Improvements
Freehold
to
property
property
£
£
**COST**
At 1 April 2024 and
31 March 2025
1,004,504
82,588
**DEPRECIATION**
At 1 April 2024
415,142
82,477
Charge for year
18,502
89
At 31 March 2025
433,644
82,566
**NET BOOK VALUE**
At 31 March 2025
570,860
22
At 31 March 2024
589,362
111
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
Other creditors
**12.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General Fund
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
National Lottery
Postcode Lottery - maintenance grant
**TOTAL FUNDS**||Fixtures
and
fittings
£
86,119
65,510
6,450
71,960
14,159
20,609
At 1.4.24
£
41,956
192,367
392,695
1,386
15,423
7,000
608,871
650,827||Sports
Equipment
£
51,562
51,562
-
51,562
-
-
2025
£
7,463
2025
£
345
3,010
3,355
Net
movement
in funds
£
36,364
(7,419)
(10,983)
(89)
(3,856)
-
(22,347)
14,017|Totals
£
1,224,773|Totals
£
1,224,773|Totals
£
1,224,773| |---|---|---|---|---|---|---|---| |||||||614,691
25,041|| |||||||639,732|| |||||||585,041|| |||||||610,082|| |||||||2024
£
6,845
2024
£
345
3,593
3,938
At
31.3.25
£
78,320
184,948
381,712
1,297
11,567
7,000|2024
£
6,845| ||||||||2024
£
345
3,593| ||||||||3,938| |||||||586,524|| |||||||664,844|| Page 10 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General Fund
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
National Lottery
**TOTAL FUNDS**|Incoming
resources
£
104,997
-
-
-
-
-
104,997|Resources
Movement
expended
in funds
£
£
(68,633)
36,364
(7,419)
(7,419)
(10,983)
(10,983)
(89)
(89)
(3,856)
(3,856)
(22,347)
(22,347)
(90,980)
14,017|Resources
Movement
expended
in funds
£
£
(68,633)
36,364
(7,419)
(7,419)
(10,983)
(10,983)
(89)
(89)
(3,856)
(3,856)
(22,347)
(22,347)
(90,980)
14,017| |---|---|---|---| ||||(22,347)| ||||14,017| ## **Comparatives for movement in funds** |**Unrestricted funds**
General Fund
AV Community Council Grant
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
Admiral - Capital Grant
National Lottery
Postcode Lottery - maintenance grant
**TOTAL FUNDS**|At 1.4.23
£
38,845
7,300
46,145
199,786
403,678
1,475
70
-
-
605,009
651,154|Net
movement
in funds
£
3,111
(7,300)
(4,189)
(7,419)
(10,983)
(89)
(70)
15,423
7,000
3,862
(327)|At
31.3.24
£
41,956
-| |---|---|---|---| ||||41,956
192,367
392,695
1,386
-
15,423
7,000| ||||608,871| ||||650,827| Page 11 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General Fund
AV Community Council Grant
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
Admiral - Capital Grant
National Lottery
Aber Valley Community Council - running
costs grant
Postcode Lottery - maintenance grant
**TOTAL FUNDS**|Incoming
resources
£
59,864
500
60,364
-
-
-
-
22,769
5,000
12,000
39,769
100,133|Resources
Movement
expended
in funds
£
£
(56,753)
3,111
(7,800)
(7,300)
(64,553)
(4,189)
(7,419)
(7,419)
(10,983)
(10,983)
(89)
(89)
(70)
(70)
(7,346)
15,423
(5,000)
-
(5,000)
7,000
(35,907)
3,862
(100,460)
(327)|Resources
Movement
expended
in funds
£
£
(56,753)
3,111
(7,800)
(7,300)
(64,553)
(4,189)
(7,419)
(7,419)
(10,983)
(10,983)
(89)
(89)
(70)
(70)
(7,346)
15,423
(5,000)
-
(5,000)
7,000
(35,907)
3,862
(100,460)
(327)| |---|---|---|---| ||||(4,189)
(7,419)
(10,983)
(89)
(70)
15,423
-
7,000| ||||3,862| ||||(327)| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General Fund
AV Community Council Grant
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
Admiral - Capital Grant
National Lottery
Postcode Lottery - maintenance grant
**TOTAL FUNDS**|At 1.4.23
£
38,845
7,300
46,145
199,786
403,678
1,475
70
-
-
605,009
651,154|Net
movement
in funds
£
39,475
(7,300)
32,175
(14,838)
(21,966)
(178)
(70)
11,567
7,000
(18,485)
13,690|At
31.3.25
£
78,320
-| |---|---|---|---| ||||78,320
184,948
381,712
1,297
-
11,567
7,000| ||||586,524| ||||664,844| Page 12 continued... ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **12. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General Fund
AV Community Council Grant
**Restricted funds**
Freehold Property Fund
Building Grant
Community Foundation in Wales
Admiral - Capital Grant
National Lottery
Aber Valley Community Council - running
costs grant
Postcode Lottery - maintenance grant
**TOTAL FUNDS**|Incoming
resources
£
164,861
500
165,361
-
-
-
-
22,769
5,000
12,000
39,769
205,130|Resources
Movement
expended
in funds
£
£
(125,386)
39,475
(7,800)
(7,300)
(133,186)
32,175
(14,838)
(14,838)
(21,966)
(21,966)
(178)
(178)
(70)
(70)
(11,202)
11,567
(5,000)
-
(5,000)
7,000
(58,254)
(18,485)
(191,440)
13,690| |---|---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 13 ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Subscriptions and Memberships
**Other trading activities**
Catering Income
Letting Income
Fitness Suite
Sundry Income
**Investment income**
Deposit account interest
**Charitable activities**
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Pensions
Insurance
Light and heat
Telephone
Postage and stationery
Catering Costs
Cleaning and Maintenance
Sundries, Sorts, Running Costs
Licences and Affiliation Fees
Freehold property
Improvements to property
Fixtures and fittings
Computer equipment
**Support costs**
**Governance costs**
Accountancy and legal fees|2025
£
33,843
7,352
41,195
7,079
25,863
509
36
33,487
315
30,000
104,997
34,625
659
5,730
9,747
609
50
4,079
1,928
-
5,619
18,502
89
2,594
3,856
88,087
2,893|2024
£
3,059
9,483| |---|---|---| |||12,542
10,131
27,601
546
292| |||38,570
302
48,719| |||100,133
34,151
-
6,189
9,951
646
168
6,274
11,290
2,200
948
18,502
89
2,639
4,182| |||97,229
3,231| This page does not form part of the statutory financial statements Page 14 ## **YOUNG MEN'S CHRISTIAN ASSOCIATION ABER VALLEY BRANCH** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2025**
Total resources expended
**Net income/(expenditure)**|2025
£
90,980
14,017|2024
£
100,460
(327)| |---|---|---| This page does not form part of the statutory financial statements Page 15