2025-02-28-accounts - Spectrum Connect CIO

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Registered Charity Number: 1205951

SPECTRUM CONNECT CIO

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

SPECTRUM CONNECT CIO

ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 28 FEBRUARY 2025

Status

The organisation is a Charitable Incorporated Organisation (CIO).

Registered Charity Number

1205951

Principal Address

57 High Street Prescot Merseyside L34 6HF

Trustees

Patricia McCarthy Leslie Jordan Chelsea Jo-Casey Drew Thompson Nancie Price

Accountants

MJ Houlihan & Co Accountants 99-101 Corporation Street St Helens WA10 1SX

SPECTRUM CONNECT CIO

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year.

In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Signed on behalf of the board of trustees:

Signed........................................................................... (Trustee)

Name............................................................................

Date..........................................................

SPECTRUM CONNECT CIO Independent examiner's report to the trustees of Spectrum Connect CIO

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 28 February 2025

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the charitable 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 your charity's accounts as carried out under section 145 of the Charities Act ('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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

2 the accounts do not accord with those records; or

3 the accounts 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 accounts 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 of the accounts to be reached.

Signed: ............................................................................. Name: Michael Houlihan

Date: ........................................

MJ Houlihan & Co Accountants

99-101 Corporation Street St Helens, WA10 1SX

SPECTRUM CONNECT CIO

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2025

Income from: Grant Income Donations Fundraisers Total income Expenditure on: Wages Repairs and Maintenance Activities Insurance Stationery Rent Rates Light & Heat Accountancy Depreciation Equipment Premises signage Internet Legal and professional Total expenditure Net income/ (expenditure) Transfer between funds Net movement in funds Funds balances brought forward Fund balances carried forward	2025 Restricted Funds £ 70,519 70,519 17,623 7,930 5,651 3,645 189 1,200 1,269 858 38,364 32,155 32,155 32,155	2025 Unrestricted Funds £ 2,832 725 3,557 1,165 456 183 769 582 204 40 3,399 158 158 158	2025 Total Funds £ 70,519 2,832 725
			74,076
			17,623 7,930 6,816 456 183 3,645 189 1,200 1,269 858 582 204 40
			40,994
			32,313
			32,313
			32,313

SPECTRUM CONNECT CIO

BALANCE SHEET AT 28 FEBRUARY 2025

Fixed Assets Tangible Assets Computer Equipment - additions - cost Less: Depreciation - charge for year Total Fixed Assets Current Assets Cash at bank and in hand Total Current Assets Current liabilities: amounts falling due within one year Accruals Total current liabilities Net current assets/ (liabilities) Net Assets Funds Restricted funds Unrestricted funds Total funds	2025 £ 5,075 (1,269)
	3,806
	29,707
	29,707
	1,200
	1,200

	32,313
	32,155 158
	32,313

For the year ending 28 February 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2015).

The financial statements were approved by the board of trustees on

Date: ..........................................

Signed: ............................................................. (Trustee)

Name .....................................................................

SPECTRUM CONNECT CIO

1. Accounting policies

(a) Basis of preparation

The Financial Statements have been prepared in accordance with the Companies Act 2006, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS102 (effective from January 2015 and updated with effect from January 2016) - (the Charities SORP (FRS102)), as modified for smaller charities.

The Charity meets the definition of a public benefit entity as defined under FRS102.

(b) Grants, including grants for the purchase of fixed assets, are recognised in full in the Income and expenditure account when they are receivable.

(d) Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.

(e) Restricted funds are to be used for specific purposes as laid down by the donor.
(f) The charity receives the benefit of work carried out by volunteers of which no value is placed in the accounts.

2. Grants

LCVS – Community Impact Fund One Knowsley Screwfix Whiston Town Council Awards for all – The National Lottery KMBC Torus JMF Auris Interpreting Vola 3. Creditors: amounts falling due within one year Accrual	2025 £ 2,958 1,800 5,000 500 20,000 16,247 908 13,000 5,000 5106
	70,519
	2025 £ 1,200
	1,200