## **Hull Red CIO**
## **Annual Report and Financial Statements**
Registered Charity No. 1204452
## **for the period 1 June 2024 to 31 May 2025**
The trustees present their annual report and financial statements for the year ended 31[st] May 2025 and confirm they comply with the Charities Act 1993, as amended by the Charities Act 2006, the charity’s constitution, and the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2005).
## **Reference and Administrative Information**
Charity name: Hull Red CIO Charity registration number: 1204452
Registered Office: 24 Oxford Street Bridlington East Yorkshire YO16 4LB
## **Board of Trustees**
Kathryn McBride Susan Ann Elmore Natalie Jane Simm Charlotte Hinsby Karen Helbrow Johanna Billingsley
## **Chair’s Report**
This year has seen the charity grow significantly in terms of finances and activity. In July 2024 Gig Buddies entered the first of three years of financial support from the National Lottery Reaching Communities fund. This funding is intended to support the growth of the reach and impact of the project in Hull and East Yorkshire. In December 2025 we welcomed three new part time members of staff who have since been working hard on raising the profile of the project and reaching out to new volunteers and participants. This work is seeing an increase in enquiries and applications, which we anticipate leading to an increase in matched pairs over the coming year. The team have also hosted multiple gigs, and supported numerous group socials – with over 400 social contacts being supported by Gig Buddies over the course of the year.
July 2024 also saw the Nice Twice campaign join Hull Red. The campaign began from a grassroots community initiative to improve venue accessibility in Hull for people with learning disabilities. The project began with seed funding from Mencap. When the time with Mencap had come to an end, we were pleased to be able to offer the campaign and their staff and volunteers a home, given the clear synergy with Hull Red’s charitable objectives.
In addition we are proud to continue our long history of providing nightclub events for adults with learning disabilities, with 5 events being hosted in this period with over 220 attendees at each.
The trustee group have met regularly to ensure good governance of the organisation; including oversight of the charity’s policies, insurance arrangements, banking arrangements and finances. We are very grateful for the time and expertise that the trustees bring across their specialist areas of knowledge.
Kathryn McBride (Chair of Trustees)
## **Trustee’s Report**
## **Structure, governance and management**
## **Governing Document**
Hull Red is constituted as a Charitable Incorporated Organisation using the Foundation Model Constitution. Its only voting members are its charity trustees. The constitutional governing document was adopted on the 23 August 2023 when the charity was entered onto the Register of Charities, and has not been amended since that date.
## **Organisational Structure**
The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet every other month. They are responsible for overseeing the running of the activities undertaken by the charity, and ensuring that the charity is acting to further the stated charitable objectives, is working within the governing document, and is maintaining good operational and financial governance.
To assist the smooth running of the charity, the trustees have set up a number of subcommittees that help them oversee certain aspects of the charity’s work. Sub-committees are currently set up for finance, volunteering, and fundraising. These sub-committees report back to the full meeting of trustees with their recommendations.
The day-to-day management of the projects undertaken by the charity are delegated to staff and volunteers. An Operational Manager, who offers their time without renumeration, provides support to the staff and volunteers and reports to the board of trustee on a bimonthly basis.
## **Recruitment and appointment of trustees**
The existing trustees are responsible for the recruitment of new trustees. They work to ensure that the board hold the range of experience, knowledge and skills required to effectively administrate the CIO. The charity’s first trustees began their stated terms of appointment on the 23 August 2023 when the charity was incorporated. There have been no new appointments since the charity’s incorporation.
## **Induction and training of trustees**
Prior to the incorporation of the charity, the first trustees were given copies of the governing document, and agreed the policies and procedures to be adopted by the charity.
They completed training from the NVCO on the roles and responsibilities of trustees, and reviewed publications from the Charity Commission, including the guidance on charities and public benefit. This was to ensure that the first trustees were aware of the scope of their responsibilities under the Charity Act. Since their induction the trustees have updated their knowledge on safeguarding via online training/in-person training.
## **Risk Management**
The trustees have a risk management strategy which comprises:
- An annual review of the risks that the charity may face
- The establishment of systems and procedures to mitigate those risks
- The implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
The trustees are satisfied that systems are in place to manage the risks that have been identified. In particular, insurance cover is in place and the finances of the charity are kept under regular review. Appropriate safeguards are in place for adults at risk supported by the charity, supported by regularly reviewed policies and DBS checks for the necessary roles.
## **Objectives and activities**
## **Our aims and objectives**
The charitable objectives of the CIO are:
_‘To promote social inclusion for people with learning disabilities or other disabilities, in Hull, the East Riding of Yorkshire, and elsewhere, for the public benefit; by preventing people with such disabilities from becoming socially excluded, relieving the needs of those people who are socially excluded, and assisting them to integrate into society.’_
We describe our mission as:
_‘to increase social opportunities for adults with learning disabilities, particularly around music, nightlife and gigs’_
Our aim is to support adults with learning disabilities to access the social opportunities of their choosing and in doing so widen their range of social supports, thus reducing loneliness and social isolation.
In shaping our objectives and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance on public benefit and fee charging. The charity relies primarily on grants, with fees for the nightclub events
covering a portion of the operating costs. In setting the entrance fees for the nightclub event the trustees give careful consideration to the accessibility for those on low incomes.
## **Strategies**
The strategies employed to achieve the charities aims and objectives are:
- Hosting nightclub events aimed specifically at adults with learning disabilities and other disabilities
- Providing the Gig Buddies project for Hull and East Riding; supporcng the development of friendships between people with and without disabilices to help them get out and enjoy gigs together
- Supporcng venues with expanding their accessibility for people with learning disabilices through the Nice Twice campaign
## **Activities and achievements**
## • **Hull Red Events**
Hull Red nightclub events are organised by the Hull Red Events Organising Committee, comprising of people with lived experience of disability and attendees of the events. The committee act on a voluntary basis, meeting every other month to plan the events. The events are also supported by a wide group of around 60 volunteers, who are themselves supported by one of the trustees.
Hull Red events have hosted 5 nightclub events over the year. The events have included live bands and DJs, and occasional themed nights as requested by the audience and organised by the planning team. They have two regular DJs with lived experience of disabilities who play at the event.
Each of the nights have attracted audiences of between 220 and 320 people. Feedback is gathered regularly and the nights continue to be responded to positively by attendees.
Over the last year we have hired in an additional toilet facility for three of the nightclub events, from Revilootion. This is a fully-accessible mobile toilet facility that enables those with significant physical disabilities to be able to be changed with dignity. We’ve been able to do this with funding support from Two Ridings Charitable Trust.
## • **Gig Buddies**
Gig Buddies is a befriending project that runs as a social franchise from a charity called Stay Up Late. Hull Red hold the franchise for Hull and East Yorkshire. The project matches people with and without learning disabilities who enjoy the same kind of gigs, and supports them to attend gigs together. It involves volunteer recruitment and training, participant recruitment, matching, and on-going support for the matched pairs. The project runs a monthly gig night and smaller groups of participants also meet on a regular basis for ad-hoc social events.
The last year has seen significant growth of Gig Buddies in Hull and East Yorkshire thanks to a three-year funding grant from the National Lottery Reaching Communities Fund, which began on the 1[st] July 2024. The funding was awarded to support the project to grow its reach and impact and allow a greater presence and focus in the East Riding. Crucial to the first steps in the growth of the project has been an increase in the staffing team. A recruitment drive began in October 2024 and in December 2024 the project welcomed three new part-time Coordinators (an equivalent of just over 1.0 wte). These new staff members are being managed by the Project Lead, who was working on a 0.5 wte basis during this year, increasing up to full-time from July 2025.
Over the first half of 2025 the new team have been focused on marketing the project in the area to potential new volunteers and participants and building new relationships with partners, community groups and services who might make referrals. This has included being present or working in partnership with local music festivals, music and cultural venues, learning disability hubs, Local Authority events, and colleges/universities. This has seen a positive impact on the number of enquiries and applications; with around 140 enquiries having been received over the year (84 enquires to become a buddy and 56 to become a volunteer). Once enquiries are received the team then make contact to consider the person’s hopes and aspirations and complete an application if appropriate. Volunteer applications require DBS and reference checks prior to training and being matched with a buddy.
Whilst this work is ongoing the team continue to run a monthly open access gig, which serves as a meeting point for current participants or new people wanting to find out more. Over the course of the year 43 musicians have performed at these nights, and 383 people have attended.
In 2024 a group of Gig Buddies started a band called the Tuesday Tea Club. This inclusive band has been rehearsing together regularly with support from the Project Lead, and in May 2025 they performed at the Spring Board Music Festival. They also have two further gigs
coming up in collaboration with another band who use a BSL interpreter to support access for Deaf audience members, and have also been invited to play as part of the Hull Jazz Festival. The band members have been developing skills and confidence from these experiences and have been promoting Gig Buddies and the importance of inclusivity and diversity from front and centre on the stage.
## • **Nice Twice Campaign**
Nice Twice is a campaign that was launched in 2023 led by citizens of Hull. The campaign grew from a Mencap funded grass-roots community development project. The Mencap project provided seed funding for communities to develop their own solutions to the barriers they identified. In Hull the issue that the community most wanted to address was venue and arts accessibility; so the project aimed to improve venue accessibility and inclusion by providing bespoke non-judgmental and encouraging support to the music and arts scene in Hull. In July 2024 the Nice Twice group moved from Mencap to Hull Red and have been working alongside Gig Buddies and Hull Red Events to further the charities aims.
The name of the campaign refers to the likelihood that people will only return to a venue a second time if their experience if nice. The campaign involves a group of people with lived experience, with support from two part-time members of staff, offering advice to music and arts venues on issues of accessibility. The group will visit venues and discuss their experience and offer ideas and access to resources.
Over the last year Nice Twice have worked directly with eight venues/organisations to support them with accessibility. The group have learned that each organisation values a slightly different approach. Some venues have been grateful to receive a written and verbal report from the community members about their experiences of the venue’s accessibility, along with advice about improvements. However, other venues have suggested a written report feels overwhelming, and have preferred a more informal approach of meeting with community members on a number of occasions to talk through bite-sized improvements they might want to make. The group have learned that building flexible, responsive relationships have been key to meeting venues where they are at. This has led to the group launching a series of ‘Access Chats’, where venues can come together with people with lived experience to talk openly in a supportive environment about accessibility.
Earlier this year Nice Twice launched their new website. This is proving to be an important way to share knowledge with venues and celebrate the work that Nice Twice venues have been achieving.
## **Financial review**
This is the organisation’s first full year of operating as a CIO, with our previous year being a conversion year from CIC to CIO.
Our Statement of Financial Activities is summarised below:
|**SOFA**|**2024/25**|**2023/24**|
|---|---|---|
|**Income:**|||
|Grants & Donations|£110,831|£18,225|
|Other Income|£6,493|£6,890|
|**Total Income**|**£117,324**|**£25,115**|
||||
|**Total Expenditure:**|**£98,877**|**£28,006**|
||||
|Net Income/ (Expenditure)|£18,446|(£2,891)|
||||
|Funds Brought Forward from Previous Year|£39,900|£42,791|
||||
|**Total Funds Carried Forward**|**£58,346**|**£39,900**|
The increases in funds reflects an increase of activity, and further breakdowns of the source of these funds is within the annual accounts. However, it would be remiss not to mention that the increase reflects funding from Mencap to deliver the Nice Twice accessibility and advocacy project for a fixed term, and a Reaching Communities grant to fund the expansion of Gig Buddies as part of a three year funding award.
All trustees are aware of their responsibilities around finance, and a review of in-year income and spending is a regular item at each trustee meeting. Our budgeting is prepared on a five-year rolling basis so we remain aware of future commitments and clearly identify potential funding gaps which feed into the work of the fundraising committee.
Our Treasurer is a Fellow of the Chartered Institution of Public Finance Accounting, bringing a significant level of expertise to the trustee group.
## **Reserves policy**
Hull Red’s reserves policy is to build in resilience in case of a funding disruption and in the worst-case scenario would allow a managed wind up of the charity.
We are working towards holding sufficient reserves to do this, and calculate a reserve target based on potential redundancy and other wind-up costs should we need to do so. At the same time, we recognise that our money is intended to be spent on delivering our charitable aims, and do not seek to retain excess reserves.
## **Plans for 2025/26**
## • **Hull Red Events**
Over the coming year, Hull Red Events will host a further five nightclub events with bands and themes decided upon by the organising committee with input from the audience members.
## • **Gig Buddies**
Over 2025/2026 the newly formed staff team will be focused developing the reach of the project; building new connections, raising the profile of the project (including launching a new website), recruiting new volunteers and participants, matching new pairs, and supporting an increased number of people with learning disabilities to access social opportunities of their choosing.
## • **Nice Twice**
Nice Twice will continue to work collaboratively with venues to support accessibility. They are planning to develop the series of Access Chats and extend these to hospitality venues alongside music and arts venues.
## **Statement of Trustees’ responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdon Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of
the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
By order of the trustees
Kathyrn McBride
Dated: 29 September 2025
|**Hull Red CIO**|**Hull Red CIO**|**Hull Red CIO**|Charity No
(if any)|**1204452**||
|---|---|---|---|---|---|
|Annual accounts for the period||||||
|Period start date|**6/1/2024**|**To**|Period end
date|**5/31/2025**||
## **Section A Statement of financial activities**
|**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources**(Note 3)
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended** (Note 4)
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total funds**
**£**
**F04**|**Prior year**
**funds**
**£**
F05|
|---|---|---|---|---|---|
||3,380|107,451|-|**110,831**|18,225|
||6,058|-|-|**6,058**|6,492|
||-|-|-|**-**|-|
||435|-|-|**435**|398|
||-|-|-|**-**|-|
||-|-|-|**-**|-|
||**9,873**|**107,451**|**-**|**117,324**|**25,115**|
|||||||
||-|750|-|**750**|1,550|
||-|98,127|-|**98,127**|16,136|
||-|-|-|**-**|10,320|
||-|-|-|**-**|-|
||**-**|**98,877**|**-**|**98,877**|**28,006**|
|||||||
||**9,873**|**8,574**|**-**|**18,446**|**2,891**
**-**|
||-|-|-|**-**|-|
||**9,873**|**8,574**|**-**|**18,446**|**2,891**
**-**|
||-|-|-|**-**|-|
||-|-|-|**-**|-|
|||||||
||-|-|-|**-**|-|
||-|-|-|**-**|-|
||**9,873**|**8,574**|**-**|**18,446**|**2,891**
**-**|
|||||||
||9,823|30,077|-|**39,900**|42,791|
||**19,696**|**38,651**|**-**|**58,346**|**39,900**|
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|**Hull Red CIO**|**Hull Red CIO**|CharityNo|**1204452**||||
|---|---|---|---|---|---|---|
|||Company No|||||
|Annual accounts for theperiod|Period start date: 01/06/2024|||To period end date:**31/05/2025**|||
|**Section B Balance sheet**|||||||
|**Fixed assets**
**Intangible assets**
B01
**Tangible assets (Note 09)**
B02
**Heritage assets**
B03
**Investments**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 10)**
B06
**Debtors**
B07
**Investments**
B08
**Cash at bank and in hand (Note 11)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within one**
**year (Note 12)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after one**
**year**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 13)**
B17
**Restricted income funds (Note 13)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
Guidance note||**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this year**
**£**
**£**
F03
F04||**Total last**
**year**
**£**
F05|
|||-|-|-|**-**|-|
|||-|2,644|-|**2,644**|3,076|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||**-**|**2,644**|**-**|**2,644**|**3,076**|
||||||||
|||200|-|-|**200**|300|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||19,495|79,000|-|**98,496**|51,455|
|||**19,696**|**79,000**|**-**|**98,696**|**51,754**|
||||||||
|||-|42,994|-|**42,994**|14,930|
||||||||
|||**19,696**|**36,006**|**-**|**55,702**|**36,824**|
||||||||
|||**19,696**|**38,651**|**-**|**58,346**|**39,900**|
||||||||
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||||||||
|||**19,696**|**38,651**|**-**|**58,346**|**39,900**|
||||||||
|||-||-|**-**|-|
||||38,651||**38,651**|30,077|
|||19,696||-|**19,696**|9,823|
||||||**-**||
||||||||
|||**19,696**|**38,651**|**-**|**58,346**|**39,900**|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
Signed by one or two trustees/directors on behalf of all the trustees/directors
Signature of director authenticating accounts being sent to Companies House
Date of approval Print Name dd/mm/yyyy ~~`Kathryn McBride 29/09/2025`~~ Signature Date dd/mm/yyyy
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## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts 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 accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with* ✓ Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
✓
* -Tick as appropriate
## **1.2 Going concern**
## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful;
_**Not applicable**_
_**Not applicable**_
Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes* ✓ * -Tick as appropriate No* _**Please disclose: (i) the nature of the change in accounting policy;**_ None
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_**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
None
_**(iii) the amount of the adjustment for each line affected** None_ _**in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*|✓|* -Tick as appropriate|
|---|---|---|
||||
## _**Please disclose:**_
|**_(i) the nature of any changes;_**|None|
|---|---|
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|None|
|**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|None|
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*
No*|✓|* -Tick as appropriate|
|---|---|---|
||||
## _**Please disclose:**_
|**_Please disclose:_**||
|---|---|
|**_(i) the nature of the prior period error;_**|None|
|**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|None|
|**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|None|
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**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
|**Recognition of income**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related**
**grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
p p g g y benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Insurance claims are only included in the SoFA when the general income recognition **Settlement of insurance** criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other **claims** income in the SoFA. This includes any realised or unrealised gains or losses on the sale of investments and **Investment gains and losses** any gain or loss resulting from revaluing investments to market value at the end of the year.
|**2.4 ASSETS**
250
**Intangible fixed assets**
**Heritage assets**
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**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**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**||||✓|
|---|---|---|---|---|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
||250||||
|||✓|||
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||||✓|
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|||Yes
No
N/a|||
|||✓|||
|**Current asset**
**investments**
The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a|
|---|---|---|---|
||✓|||
||Yes
No
N/a|||
||||✓|
||Yes
No
N/a|||
||||✓|
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
|**Note 3 Analysis of income**|**Analysis of income**||||||
|---|---|---|---|---|---|---|
|Donations and gifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donatedgoods,facilities and services
Other
**Total **
Ticket Sales for Hull Red Events
Other
**Total **
Interest income
Dividend income
Other
**Total **
Interest income
Dividend income- Credit Union
Rental and leasingincome
Other
**Total **
**Total**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
propertyrights
Other
**Total**
**Other information:**
**TOTAL INCOME**
**Other:**
**Analysis**
**Donations**
**and legacies:**
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**|**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|||||
||Donations and gifts|3,380|-|-|**3,380**|484|
||Gift Aid|-|-|-|**-**|-|
||Legacies|-|-|-|**-**|-|
||General grants provided by government/other
charities|-|107,451|-|**107,451**|16,639|
||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|**-**||
||Donatedgoods,facilities and services|-|-|-|**-**|-|
||Other|-|-|-|**-**|1,102|
||**Total **|**3,380**|**107,451**|**-**|**110,831**|**18,225**|
||||||||
||Ticket Sales for Hull Red Events|6,058|-|-|**6,058**|6,322|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||Other|-|-|-|**-**|170|
||**Total **|**6,058**|**-**|**-**|**6,058**|**6,492**|
||||||||
||Interest income|-|-|-|**-**|398|
||Dividend income||-|-|**-**|-|
|||-|-|-|**-**|-|
||Other|-|-|-|**-**|-|
||**Total **|**-**|**-**|**-**|**-**|**398**|
||||||||
||Interest income|-|-|-|**-**|-|
||Dividend income- Credit Union|435|-|-|**435**|-|
||Rental and leasingincome|-|-|-|**-**|-|
||Other|-|-|-|**-**|-|
||**Total **|**435**|**-**|**-**|**435**|**-**|
||||||||
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
|||-|-|-|**-**|-|
||**Total**|-|-|-|**-**|-|
||||||||
||Conversion of endowment funds into income|-|-|-|**-**|-|
||Gain on disposal of a tangible fixed asset held
for charity's own use|-|-|-|**-**|-|
||Gain on disposal of a programme related
investment|-|-|-|**-**|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|**-**|-|
||Other|-|-|-|**-**|-|
||**Total**|-|-|-|**-**|-|
||||||||
|||**9,872.80**|**107,451**|**-**|**117,324**|**25,115**|
||||||||
**All income in the prior year was unrestricted except for: (please Gig Buddies** : £2k Hull &ER HERCT +£62,961 Reaching **provide description and amounts)** Communities **Nice Twice** :£65,140 Mencap **Hull Red Events** :£2,475 Two Ridings Community Fund 9
CC17a (Excel)
9/23/2025
## **Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
Not applicable
**Where any endowment fund is converted into income in the prior period, please give the reason for the conversion.**
Not applicable
**Within the income items above the following items are material:** See Restricted income breakdown above **(please disclose the nature, amount and any prior year amounts)**
CC17a (Excel)
9/23/2025
10
## **Section C Notes to the accounts (cont)**
## **Note 4 Analysis of expenditure**
|**Analysis**
**Expenditure on raising funds:**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|
|---|---|---|---|---|---|---|---|---|
|Incurred seeking donations|-|-|-|-|-|-|-|-|
|Incurred seeking legacies|-|-|-|-|-|-|-|-|
|Incurred seeking grants|-|-|-|-||||-|
|Operating membership schemes and
social lotteries|-|-|-|-||||-|
|Staging fundraising events|-|-|-|-||||-|
|Fundraising agents|-|-|-|-|1,050|||1,050|
|Operating charity shops|-|-|-|-||||-|
|Operating a trading company
undertaking non-charitable trading
activity|-|-|-|-||||-|
|Advertising, marketing, direct mail and
publicity|-|-|-|-|-|-|-|-|
|Start up costs incurred in generating
new source of future income|-|-|-|-|-|-|-|-|
|Database development costs|-|-|-|-|-|-|-|-|
|Other trading activities|-|-|-|-||||-|
|Investment management costs:|-|-|-|-||||-|
|Portfolio management costs|-|-|-|-|-|-|-|-|
|Cost of obtaining investment advice|-|-|-|-|-|-|-|-|
|Investment administration costs|-|-|-|-|-|-|-|-|
|Intellectual property licencing costs|-|750|-|750|-|500|-|500|
|Rent collection, property repairs and
maintenance charges|-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total expenditure on raising funds**|**-**|**750**|**-**|**750**|**1,050**|**500**|**-**|**1,550**|
|**Expenditure on charitable activities:**|**`**||||||||
|GigBuddies - StaffingCosts|-|35,743|-|35,743|-|10,320|-|10,320|
|GigBuddies - Other|-|12,969|-|12,969||6,253|-|6,253|
|GigBuddies - Support|-|733|-|733||1,508|-|1,508|
|NT - StaffingCosts|-|36,319|-|36,319|-|-|-|-|
|NT - Other|-|2,698|-|2,698|-|-|-|-|
|NT - Support Costs|-|585|-|585|-|-|-|-|
|Hull Red - Event Costs|-|8,946|-|8,946|2,376|5,353|-|7,729|
|Hull Red - Support Costs|-|134|-|134|-|646|-|646|
|**Total expenditure on charitable**
**activities**|**-**|**98,127**|**-**|**98,127**|**2,376**|**24,080**|**-**|**26,456**|
|**Separate material item of expense**|||||||||
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**Total**|-|-|-|-|-|-|-|-|
|**Other**|||||||||
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
||-|-|-|-|-|-|-|-|
|**TOTAL EXPENDITURE**
**Total other expenditure**|-|-|-|-|-|-|-|-|
||**-**|**98,877**|**-**|**98,877**|**3,426**|**24,580**|**-**|**28,006**|
CC17a (Excel)
9/23/2025
11
## **Other information:**
## **Analysis of expenditure on charitable activities**
|**Analysis of expenditure on charitable**|**activities**|**activities**|**activities**|**activities**|||||
|---|---|---|---|---|---|---|---|---|
||**Thisyear**||||**Lastyear**||||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Gig Buddies|48,711|-|733|49,445||16,573|1,508|18,081|
|Nice Twice|39,018|-|585|39,602|-|-|-|-|
|Hull Red Events|-|-|134|134|2,376|5,353|646|8,375|
|Other-Fundraising-GB Franchise|750|-|-|750|-|1,550|-|1,550|
|**Total**|**88,479**|**-**|**1,452**|**89,931**|**2,376**|**23,476**|**2,154**|**28,006**|
CC17a (Excel)
9/23/2025
12
## **Section C Notes to the accounts**
## **Note 5 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
|**This year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**
**(examples)**|**Raising funds**|**Gig Buddies**|**NT**|**Hull Red**
**Events**|**Grand total**|**Basis of allocation**|
||**£**|**£**|**£**|**£**|**£**|**(Describe method)**|
|Insurance|-|535|427|98|**1,059**|Pro rata'd to direct expenditure|
|Accountancy|-|176|140|32|**348**|Pro rata'd to direct expenditure|
||-|-|-|-|**-**||
||-|-|-|-|**-**||
|Other|-|23|18|4|**45**|Pro rata'd to direct expenditure|
|**Total**|**-**|**733**|**585**|**134**|**1,452**||
## **Last year**
|**Last year**|||||||
|---|---|---|---|---|---|---|
|**Support cost**
**(examples)**|**Raising funds**|**Gig Buddies**|**NT**|**Hull Red**
**Events**|**Grand total**|**Basis of allocation**|
||**£**|**£**|**£**|**£**|**£**|**(Describe method)**|
|Insurance|-|707|-|303|**1,010**|Pro rata'd to direct expenditure|
|Fundraising|-|-|-|-|**-**||
|Other|-|801|-|343|**1,144**|Pro rata'd to direct expenditure|
||-|-|-|-|**-**||
|Other|-|-|-|-|**-**||
CC17a (Excel)
9/23/2025
13
|**Total**|**-**|**1,508**|**-**|**646**|**2,154**||
|---|---|---|---|---|---|---|
|**_Please provide details of the accounting policy_**
**_adopted for the apportionment of costs between_**
**_activities and any estimation techniques used to_**
**_calculate their apportionment._**|||||||
||||Pro rata'd by direct expenditure||||
CC17a (Excel)
9/23/2025
14
## **Section C Notes to the accounts**
## **Note 6 Details of certain items of expenditure**
## **Fees for examination of the accounts**
## _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**|||
|---|---|---|
|**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees (estimate for 2024/25)**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**|**Last year**
**£**|
||**£**||
||200|148|
||-|-|
||-|-|
||-|-|
CC17a (Excel)
9/23/2025
15
## **Section C Notes to the accounts (cont)**
## **Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_
## **7.1 Staff Costs**
|**This year:**
**Last year:**
**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||**55,585**|8,311|
||**13,031**|1,681|
||**3,445**|328|
||-|-|
||**72,061**|**10,320**|
||||
||None||
||||
||None||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|TRUE|TRUE|
|---|---|---|
||||
|**Band**|**Number of employees**||
||**This year**
-|**Last year**
-|
|**£60,000 to £69,999**|||
|**£70,000 to £79,999**|-|-|
|**£80,000 to £89,999**|-|-|
|**£90,000 to £99,999**|-|-|
|**£100,000 to £109,999**|-|-|
||||
|**Please provide the total amount paid to key management**
**personnel (includes trustees and senior management) for their**
**services to the charity. For specific amounts paid to trustees, see**
**Note 28.**|||
||**Thisyear**|**Lastyear**|
||**£**|**£**|
||-|-|
CC17a (Excel)
9/23/2025
16
**7.2 Average head count in the year The parts of the charity in which the employees work**
||**This year**
**Number**|**Last year**
**Number**|
|---|---|---|
|**Fundraising**|-|-|
|**Charitable Activities**|2|1|
|**Governance**|-|-|
|**Other**|-|-|
|**Total**|2|1|
## **7.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment**
**This year Last year**
**Please state the legal authority or reason for making the payment**
**This year Last year**
|**Please state the amount of the payment (or value of any waiver of**
**a right to an asset)**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**
-|**£**
-|
CC17a (Excel)
9/23/2025
17
## **7.4 Redundancy payments**
## _**Please complete if any redundancy or termination payment is made in the period.**_
|**The nature of the payment (cash, asset**
**etc.)**
**Total amount of payment**
**Please state the accounting policy for any redundancy or**
**termination payments**
**The extent of redundancy funding at the balance sheet date**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**
-|**£**
-|
||||
||||
||||
||**Thisyear**|**Lastyear**|
||**£**
-|**£**
-|
||||
||||
CC17a (Excel)
9/23/2025
18
**Section C Notes to the accounts (cont)**
## **Note 8 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**8.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Please explain the basis for allocating the liability and expense of**
**defined contribution pension scheme between activities and**
**between restricted and unrestricted funds.**
**Amount of contributions recognised in the SOFA as an expense**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**|**£**|
||**3,445**|328|
||||
||Based on hours spent on
the respective activities. All
staffing funded from
restrictive funds.
||
## _**8.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.**
**Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different**
## _**8.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details**
**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
CC17a (Excel)
9/23/2025
19
## **Section C Notes to the accounts (cont)**
## **Note 9 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **9.1 Cost or valuation**
||**Freehold land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor**
**vehicles**
**£**|
**Fixtures, fittings**
**and equipment**
**£**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|2,052|1,024|**3,076**|
||-|-|-|1,143|**1,143**|
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||**-**|**-**|**2,052**|**2,168**|**4,219**|
|||||||
||SL or RB (Straight
Line or Reducing
Balance)|SL or RB|SL or RB|SL or RB|SL or RB|
||
**Straight Line**||20%|20%|20%|
|||||||
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||-|-|874|700|**1,575**|
||-|-|-|-|**-**|
||-|-|-|-|**-**|
||**-**|**-**|**874**|**700**|**1,575**|
|||||||
||-|-|2,052|1,024|**3,076**|
||**-**|**-**|**1,177**|**1,467**|**2,644**|
|||||||
||||**None**|||
|||||||
||||**None**|||
|**9.5 Revaluation**
**_the name of independent valuer, if applicable_**
**_the methods applied and significant assumptions_**
**_the effective date of the revaluation_**
**_If an accounting policy of revaluation is adopted, please provide:_**|**This year**
**Last year**|**This year**
**Last year**|
|---|---|---|
||
-|
-|
||-|-|
||-|-|
CC17a (Excel)
9/23/2025
20
## _**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
- -
**9.6 Other disclosures**
|**_(iii) Details of the existence and carrying amounts of property, plant and_**
**_equipment to which the charity has restricted title or that are pledged as_**
**_security for liabilities._**
**_(i) Please state the amount of borrowing costs, if any, capitalised in the construction of_**
**_tangible fixed assets and the capitalisation rate used._**
**_(ii) Please provide the amount of contractual commitments for the acquisition of tangible_**
**_fixed assets._**|**Thisyear**|**Lastyear**|
|---|---|---|
||**£**|**£**|
||-|-|
||-|-|
||||
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
9/23/2025
21
## **Section C Notes to the accounts (cont)**
## **Note 10 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **10.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**activities.**||||||
|---|---|---|---|---|---|
|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening - T shirts_**
300 - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- 100 - - - -
**_Impaired_**
- - - - -
**_Closing_**
**200**
**- - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
**200 - - - -**
**_Total previous year_**
300 - - - -
**Work in**
**progress**
**10.2 Please specify the carrying amount of any**
**stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**This year**
**Last year**
- -
**£**
**£**|**Stock**||**Donated goods**||**Work in**
**progress**|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||300|-|-|-|-|
||-|-|-|-|-|
||- 100|-|-|-|-|
||-|-|-|-|-|
||**200**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||**200**|**-**|**-**|**-**|**-**|
||300|-|-|-|-|
|||||||
|||**This year**||**Last year**||
|||**£**||**£**||
|||-||-||
CC17a (Excel)
9/23/2025
22
## **Section C Notes to the accounts (cont)**
## **Note 11 Cash at bank and in hand**
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**|**Last year**
**£**|
|---|---|---|
||**£**||
||-|-|
||**-**|-|
||**98,496**|51,455|
||**-**|-|
||**98,496**|**51,455**|
CC17a (Excel)
9/23/2025
23
## **Section C Notes to the accounts (cont)**
## **Note 12 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **12.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total **|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|
**Amounts falling due after**
**more than oneyear**|
**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||**£**||||
||**-**|-|-|-|
||**-**|-|-|-|
||**1,390**|-|-|-|
||**-**|-|-|-|
||**40,056**|14,930|-|-|
||**1,548**|-|-|-|
||**-**|-|-|-|
||**42,994**|**14,930**|**-**|**-**|
## **12.2 Deferred income**
## _**Please complete this note if the charity has deferred income.**_
|**_come._**||
|---|---|
|
**This year**|**Last year**|
|**_Deferred income with_**
**_agreement of grant-_**
**_making bodies to be used_**
**_in 2025/26 activity_**|**_Paid at end of 2023/24 for_**
**_activity across 2023/24 and_**
**_2024/25_**|
_**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||14,930|6,489|
||42,994|14,930|
||- 14,930|- 6,489|
||**42,994**|**14,930**|
CC17a (Excel)
9/23/2025
24
## **Section C Notes to the accounts (cont)**
## **Note 13 Charity funds**
## **13.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|GigBuddies|R|For use on GB activities|23,576|54,544|- 50,194|-|-|**27,926**|
|Nice Twice|R|For use on NT activities|-|40,601|- 39,602|||**999**|
|Hull Red|R|For Use on Hull Red Events|6,501|12,305|- 9,080|-|-|**9,726**|
|Unrestricted Funds|UR|For use as needed. Includes notional
reserves|9,823|9,873||-|-|**19,696**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
|**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|**-**|
|**Total Funds**|||**39,900**|**117,323**|**- 98,877**|**-**|**-**|**58,346**|
CC17a (Excel)
9/23/2025
25
**Section C Notes to the accounts (cont) Note 13 Charity funds (cont)**
## **13.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Fund names**|**Type PE, EE**
**R or UR ***|
**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|---|---|
|GigBuddies|R||34,678|7,479|- 18,581|-|-|**23,576**|
|Hull Red|R||3,170|9,330|- 5,999|-|-|**6,501**|
|Unrestricted Funds|UR||4,943|8,306|- 3,426|-|-|**9,823**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
||||-|-|-|-|-|**-**|
|**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|**-**|
|**Total Funds**|||42,791|25,115|- 28,006|-|-|**39,900**|
CC17a (Excel)
9/23/2025
26
**----- Start of picture text -----**
N24 Extra Suze Notes
Cash in Hand & In Bank
Unrestricted Restricted Total
2023/24 Balance Sheet 7,472.60 43,982.40 51,455.00 Cash
2024/25 Income N3 9,872.80 107,451.00 117,323.80
2024/25 Expenditure N6 - - 98,877.43 - 98,877.43
-
Adj for cash impact of deferrals 25,655.00
-
-depn'n & stock inpact 1,674.83
2024/25 Creditors N20 -
2024/25 Total 17,345.40 52,555.97 69,901.37
Bank Statement Total 98,495.82
Var - 28,594.45
Trade Creditors Note 20 1,190.00 1,190.00 Wrecking Ball
Note 9 16.46 183.54 200.00 Accountancy Estimate 1,390.00
Nest & HMRC Note 20 1,548.28 1,548.28
Creditors 16.46 2,921.82 2,938.28
**----- End of picture text -----**
Independent examiner's report on the
accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
Hull Red CIO
On accounts for the year
ended
31" May 2025
Charity no
lif any)
1204452
Set out on pages
Respective The charity's trustees are responsible for the preparation of the accounts.
responsibilities of The charity s trustees consider that an audit is not required for this year
trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an
independenl examination is needed.
It is my responsibility to=
examine the accounts under sedion 145 of the Charities Act.
lo follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145{5)Ib) of the Charities Act, and
lo state whether particular matters have come lo my attention.
Basis of independent My examination was &?rried out in accordan with general Directions given
examinerfs Statement by the Charity Commission. An examination includes a review ofthe
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 Gonceming 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 ue
and fair, view and the report is limited to those matters set out in the
stalement below.
Independent In connection with my examination. no matter has come to my attention
examiner's statement (other than that disclosed below")
which gives me reasonable cause to believe that in, any material respect,
the requirements..
to keep accounting records in accordan 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
2. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
9 October 2025
Name:
Rebecca Beaton
Relevant professional
qualification{sl or body
(if any):
Association of Accounting Technicians
IER
March 2012
Address:
Waters Edge Business Centre
Maltkiln Road
Barton upon HUrnr. DN19 7JX
Section B
Disclosure
Only complete rf the examiner needs to hwNight material problems.
IER
March 2012
Give here brlef details of
any Items that the
examiner wishes to
dlsclose.
IER
March 2012