**COMPANY REGISTRATION NUMBER: 13247393 CHARITY REGISTRATION NUMBER: 1198254**
## **The Chev Gateshead Ltd Company Limited by Guarantee**
## **Unaudited Financial Statements**
## **31 March 2025**
**CHARTWELL ACCOUNTANTS & BUSINESS CONSULTANTS LLP**
Chartered Certified Accountants
47 Bury New Road Prestwich Manchester M25 9JY
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 March 2025**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**4**|
|Statement of financial activities (including income and||
|expenditure account)|**5**|
|Statement of financial position|**6**|
|Notes to the financial statements|**7**|
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 March 2025**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
## **Reference and administrative details**
**Registered charity name** The Chev Gateshead Ltd **Charity registration number** 1198254 **Company registration number** 13247393 **Principal office and registered** 3 Hartington Street **office** Gateshead NE8 4EN
## **The trustees**
Mr B Stern Dr D Wacks Mr S J Wallace Mr Y Z Sandler (appointed 22[nd] July 2025)
**Independent examiner** Meir Guttentag FCCA of Chartwell Accountants and Business Consultants LLP 47 Bury New Road Prestwich Manchester M25 9JY
## **Structure, governance and management**
The Chev Gateshead Ltd was incorporated on the 5th of March 2021 as a company Limited by Guarantee with company number 13247393. It was registered as a charity with the Charities Commission on the 15th of March 2022 governed by its Memorandum and Articles. The charity registration number is 1198254.
The Trustees administer the charity and they have appointed volunteers to oversee the day to day affairs
## **Risk review**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage exposure to the major risks.
**1**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Objectives and activities**
The objectives of the Charity are the promotion of social inclusion among people and their families who are socially excluded from society or parts of society as a result of having special educational needs or disabilities in such ways as the Trustees think fit from time to time, and in particular (but not exclusively) by providing appropriate and accessible out of hours activities.
## **Public benefit**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.
## **Achievements and performance**
During the period the Charity continued to put on events and activities in accordance with the objectives of the Charity. We have now increased our offer to service young men with an employment program and have moved to new premises to accommodate our growth. We now have 15 individuals attending regularly.
Attendants at our Employment and Enterprise programme, and Daycare services has increased to 8 members. Our enterprise and allotment projects are thriving, with larger and more frequent activity. Our Digital Skills program continues successfully.
We ran our fifth weekend residential trip attended by 7 beneficiaries. We continue to run regular holiday activities for young men and women. We have received extremely positive and enthusiastic feedback from attendants at all workshops and events.
## **Financial review**
During the year the Charity received £68,633 in voluntary parental contributions, £47,715 in grants, £2,158 in donations and £3,473 in other income. There was an excess of income over expenditure of £37,953. At the year-end there were unrestricted reserves of £96,144.
The trustees aim to maintain between £30,000 and £40,000 as unrestricted reserves and working capital. In addition, approximately £30,000 has been allocated towards the purchase of a vehicle to transport service users to places of employment, leisure activities, and community engagement opportunities.
## **Principal funding sources**
The Charity is dependent on charitable donations from other charities and philanthropists.
## **Reserves policy**
The trustees have reviewed the reserves and future requirements of the charity. All future needs are considered together with any risks or contingencies that may exist. The trustees are confident that sufficient reserves will be generated to achieve the objectives of the charity.
## **Plans for future periods**
The Trustees look forward expanding the activities provided in future periods including the expansion of the premises and the recruitment of additional specialist staff.
**2**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 6 January 2026 and signed on behalf of the board of trustees by:
Mr Y Z Sandler Trustee
**3**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of The Chev Gateshead Ltd**
## **Year ended 31 March 2025**
I report to the trustees on my examination of the financial statements of The Chev Gateshead Ltd ('the charity') for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Meir Guttentag FCCA of Chartwell Accountants and Business Consultants LLP Independent Examiner
47 Bury New Road Prestwich Manchester M25 9JY
6 January 2026
**4**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 31 March 2025**
||||**2025**||2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|2,159|47,716|49,875|47,379|
|Charitable activities|**6**|3,473|–|3,473|5,641|
|Other income|**7**|68,634|–|68,634|47,313|
|||`────────`|`────────`|`─────────`|`─────────`|
|**Total income**||74,266|47,716|121,982|100,333|
|||`════════`|`════════`|`═════════`|`═════════`|
|**Expenditure**||||||
|Expenditure on charitable activities|**8,9**|19,512|64,516|84,028|67,378|
|||`────────`|`────────`|`─────────`|`─────────`|
|**Total expenditure**||19,512|64,516|84,028|67,378|
|||`════════`|`════════`|`═════════`|`═════════`|
|||`────────`|`────────`|`─────────`|`─────────`|
|**Net income and net movement in**|**funds**|54,754|(16,800)|37,954|32,955|
|||`════════`|`════════`|`═════════`|`═════════`|
|**Reconciliation of funds**||||||
|Total funds brought forward||41,390|16,800|58,190|25,235|
|||`────────`|`────────`|`─────────`|`─────────`|
|**Total funds carried forward**||96,144|–|96,144|58,190|
|||`════════`|`════════`|`═════════`|`═════════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 7 to 14 form part of these financial statements.**
**5**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Statement of Financial Position**
## **31 March 2025**
|||**2025**|2024|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**15**|2,373|1,422|
|**Current assets**||||
|Cash at bank and in hand||98,235|60,529|
|**Creditors: amounts falling due within one year**|**16**|4,464|3,761|
|||`────────`|`────────`|
|**Net current assets**||93,771|56,768|
|||`────────`|`────────`|
|**Total assets less current liabilities**||96,144|58,190|
|||`────────`|`────────`|
|**Net assets**||96,144|58,190|
|||`════════`|`════════`|
|**Funds of the charity**||||
|Restricted funds||–|16,800|
|Unrestricted funds||96,144|41,390|
|||`────────`|`────────`|
|**Total charity funds**|**17**|96,144
`════════`|58,190
`════════`|
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 6 January 2026, and are signed on behalf of the board by:
Mr Y Z Sandler Trustee
**The notes on pages 7 to 14 form part of these financial statements.**
**6**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 31 March 2025**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 3 Hartington Street, Gateshead, NE8 4EN.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**7**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**8**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 25% straight line
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
**9**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments** _**(continued)**_
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **4. Limited by guarantee**
The Company is limited by guarantee and does not have share capital. In the event of winding up, the members are liable to an amount not exceeding £10.
## **5. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2025**|
||£|£|**£**|
|**Donations**||||
|Donations received|2,159|–|2,159|
|**Grants**||||
|Grants received|–|47,716|47,716|
||`───────`|`────────`|`────────`|
||2,159|47,716|49,875|
||`═══════`|`════════`|`════════`|
**10**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **5. Donations and legacies** _**(continued)**_
||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2024|
||||£|£|£|
||**Donations**|||||
||Donations received||5,040|–|5,040|
||**Grants**|||||
||Grants received||5,189|37,150|42,339|
||||`────────`|`────────`|`────────`|
||||10,229|37,150|47,379|
||||`════════`|`════════`|`════════`|
|**6.**|**Charitable activities**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Other income from charitable activities|
3,473|3,473|5,641|5,641|
|||`═══════`|`═══════`|`═══════`|`═══════`|
|**7.**|**Other income**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2025**|Funds|2024|
|||£|**£**|£|£|
||Non charitable parental contributions|68,634|68,634|47,313|47,313|
|||`════════`|`════════`|`════════`|`════════`|
|**8.**|**Expenditure on charitable activities**|**by fund type**||||
||||Unrestricted|Restricted|**Total Funds**|
||||Funds|Funds|**2025**|
||||£|£|**£**|
||Club activities provided||17,578|64,516|82,093|
||Support costs||1,934|–|1,935|
||||`────────`|`────────`|`────────`|
||||19,512|64,516|84,028|
||||`════════`|`════════`|`════════`|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2024|
||||£|£|£|
||Club activities provided||30,989|32,120|63,109|
||Support costs||4,269|–|4,269|
||||`────────`|`────────`|`────────`|
||||35,258|32,120|67,378|
||||`════════`|`════════`|`════════`|
**11**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **9. Expenditure on charitable activities by activity type**
||Activities||||
|---|---|---|---|---|
||undertaken||**Total funds**|Total fund|
||directly Support costs||**2025**|2024|
||£|£|**£**|£|
|Club activities provided|82,093|–|82,093|63,109|
|Governance costs|–|1,935|1,935|4,269|
||`────────`|`───────`|`────────`|`────────`|
||82,093|1,935|84,028|67,378|
||`════════`|`═══════`|`════════`|`════════`|
## **10. Analysis of support costs**
|||Analysis of||||
|---|---|---|---|---|---|
|||support costs|**Total 2025**|Total|2024|
|||£|**£**||£|
||Finance costs|71|71||131|
||Governance costs|1,863|1,863|4,135||
|||`───────`|`───────`|`───────`||
|||1,934|1,934|4,266||
|||`═══════`|`═══════`|`═══════`||
|**11.**|**Net income**|||||
||Net income is stated after charging/(crediting):|||||
||||**2025**|2024||
||||**£**||£|
||Depreciation of tangible fixed assets||1,209||669|
||||`═══════`||`════`|
|**12.**|**Independent examination fees**|||||
||||**2025**|2024||
||||**£**||£|
||Fees payable to the independent examiner for:|||||
||Independent examination of the financial statements||570||570|
||||`════`||`════`|
|**13.**|**Staff costs**|||||
||The total staff costs and employee benefits for the reporting period are analysed as|||follows:||
||||**2025**|2024||
||||**£**||£|
||Wages and salaries||39,078|13,912||
||||`════════`|`════════`||
||The average head count of employees during the year|was 6 (2024: 4).||||
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
**12**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **14. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **15. Tangible fixed assets**
|||**Equipment**|
|---|---|---|
|||**£**|
|**Cost**|||
|At 1 April 2024||2,676|
|Additions||2,160|
|||`───────`|
|**At 31 March 2025**||4,836|
|||`═══════`|
|**Depreciation**|||
|At 1 April 2024||1,254|
|Charge for the year||1,209|
|||`───────`|
|**At 31 March 2025**||2,463|
|||`═══════`|
|**Carrying amount**|||
|**At 31 March 2025**||2,373|
|||`═══════`|
|At 31 March 2024||1,422|
|||`═══════`|
|**Creditors:** **amounts falling due within one year**|||
||**2025**|2024|
||**£**|£|
|Accruals and deferred income|570|1,140|
|Social security and other taxes|210|23|
|Other creditors|3,684|2,598|
||`───────`|`───────`|
||4,464|3,761|
||`═══════`|`═══════`|
## **16. Creditors: amounts falling due within one year**
## **17. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**||||||
|---|---|---|---|---|---|
||||||**At**|
|||At||**31 March 202**||
||1|April 2024|Income|Expenditure|
**5**|
|||£|£|£|£|
|General funds||41,390|74,266|(19,512)|
96,144|
|||`════════`|`════════`|`════════`|
`════════`|
||||||At|
|||At|||31 March 202|
||1|April 2023|Income|Expenditure|
4|
|||£|£|£|£|
|General funds||13,465|63,183|(35,258)|
41,390|
|||`════════`|`════════`|`════════`|
`════════`|
**13**
## **The Chev Gateshead Ltd**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **17. Analysis of charitable funds** _**(continued)**_
## **Restricted funds**
||**Restricted funds**|||||
|---|---|---|---|---|---|
||||||**At**|
|||At||**31 March 202**||
|||1 April 2024|Income|Expenditure|
**5**|
|||£|£|£|£|
||Restricted Funds|16,800|47,716|(64,516)|
–|
|||`════════`|`════════`|`════════`|
`════`|
||||||At|
|||At|||31 March 202|
|||1 April 2023|Income|Expenditure|
4|
|||£|£|£|£|
||Restricted Funds|11,770|37,150|(32,120)|
16,800|
|||`════════`|`════════`|`════════`|
`════════`|
|**18.**|**Analysis of net assets between funds**|||||
||||Unrestricted|Restricted|
**Total Funds**|
||||Funds|Funds|
**2025**|
||||£|£|**£**|
||Tangible fixed assets||2,374|–|
2,374|
||Current assets||98,235|–|
98,235|
||Creditors less than 1 year||(4,465)|–|
(4,465)|
||||`────────`|`────`|
`────────`|
||**Net assets**||96,144|–|
96,144|
||||`════════`|`════`|
`════════`|
||||Unrestricted|Restricted|
Total Funds|
||||Funds|Funds|
2024|
||||£|£|£|
||Tangible fixed assets||–|–|
–|
||Current assets||45,151|16,800|61,951|
||Creditors less than 1 year||(3,761)|–|
(3,761)|
||||`────────`|`────────`|
`────────`|
||**Net assets**||41,390|16,800|58,190|
||||`════════`|`════════`|
`════════`|
**14**