Company registration number.. CE036919 Charity registration n￿rn￿r.. 1209238 Goldman iase THE POINT LEEDS HUB TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 22 JULY 2024 TO 5 APRIL 2025 Jldman Chase Consultancy The Point Leeds Hub Contents Pège Trustees, Report 1-4 Independent Exarniner's Report statement of Flnancial Actl¥itSes lincludlw Income and Expenditure Account) Balance Sheet Notes to the Flnan¢ial Statements 8-12 The Following page5 do not forrn part of the statutory accounts: Detailed Staternent of Finandol Activities (including Income and EXpendIbJ￿ Account) 13 The Point Leeds Hub Company No. CE036919 Trustees, Report For the Period 22 July 2024 to 5 April 2025 The tru5tÈes present their report and the finanaal statetnenls for the period 5 April 2025. Obje¢tives •nd A¢tivities Alms •nd ObJertive* Airns and Objectsves Accounting Policy Charitable Aims The Point Leeds Is established for general charitsble purposes wrth a particular focus on education and training. The charity exists to advance the public benefit by providin9 acce55ible buildings. facilityes. open Spaces and service5 to support chlldren and young people. elderly persons. and people with disabilities throughout England. The princlpèl èlms of the charity a￿.. To provlde and maintain bulldlngs, facilltles and open spaces that serve as accesslble commtsnlty hubs for educatlonal. recreational and social activities. To deliver education and tralning progRmmes that enhance skllls. knowledge and peYsoThal development opportunltles for the charity's beneficiaries. . To support chI￿ren and young people through tsrgeted services that promote their welfare, development and future prospects. To a$51st eldedy persons by providlng seryiees and f)¢ilities that redL*e Isolation. promote wellbelng and enhance quality To enable people wlth dlsabilities to ￿ceSS approprfate serv*es. facillties a￿1 opportunities that support their Independence and Inclusion In society. Charltable Objectlves To achleve these aims, the chartty pursues the followlng objectSves: To maintsln and develop bulldings and facillties that are fit for purpose. accesslble and welcoming to èll users. To deliver a prograrnrne of education and trninin9 activities that ￿Spond to identified cornmunity needs. • To ensure services are Inclusive and accessible to all beneficiary group5 serwed by the ehartty. Tr> extend the charity s reach and impètt throughout England V1he￿ ￿$oUrCeS pemiit. To rnaintsin adequate reserves to ensure financial sustainability and operational continuity. • To ensure prudent financial rnanagement and demonstrate value for money in all activities. To maintain robust govemance arrangements that ensu￿ accountability and tOn$pa￿n¢y. Basis of Preparatlon The financial statements have been prepa￿ in accordance with Accountlllg and Reporting by Charities.. statement of Recommended Practlce applicable to charlties preparing their accounts in accordance wlth the Flnancial Reporting Standard applicable In the L)K and Republic of Ireland IFRS 1021 (effective l January 20191, the Financial Reporting Stsndard applicable in the UK and Republic of I￿land IFRS 1021. the Charities Art 2011 and the requ1￿MentS of the Charity's governing document. The charity meets the definition of a public benefit entity under fRS 102. Assets and liabilitie5 are Initlèlly recognised at historic41 c05t or tran5artion value unless otherwise stated in the relevant accountirvj w>licy notes. The trustees have assessed svhether the use of the going COr￿M basis is appropnate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this a5ses5ment for a perio(J of 6t least twelve months Frorn the date of approval of the financial staternent5. After makin9 enquiries, the trustees have concluded that the￿ is è reasonable expettation that the charity has ade4uatÈ resources to continue In operational existence for the foreseeable fiJture. The charity therefore contlnues to adopt the golng concern basis In preparing its financi615t6ternents. Publlc Benefit Public Benefit Accounting Policy statement of Public Benefit The tru5tÈes confirm that they have tomplied with the duty in Settion 17 of the Charibes Att 2011 to hève due ward to publlc benefit guidance published by the Charity CommissN)n for England and Wales. The trustees have referred to this guidance when revie¥ving the charity's airns and objectives and in planning future activities. How the Charity Provides Public Benefit The charity provides public benefit through the following principal artivities- .CONTINUED Pdge I The Point Leeds Hub Trustees. Report (continued) For the Peri4>d 22 July 2024 to 5 April 2025 Publlc Benefit- contlnued • Provision of buildings, facilities and open spxe= The charity rnaintains accessible premises and tscilitie5 that serve as corntnunity hubs, enabling benefiiiarie5 to acces5 educational. recreatK)nal and Social prograrntne5. Education and training prograrnrnes= The charity deliver5 a ronge of educational and training octivitie5 designed to enhance skllls, knowledge and personal development for its beneficiary groups. Provision of services.. The tharity provides SerV￿S tsik)red to meet thÈ needs of children and youn9 people, elderfy persons, and people wlth disabilities. Beneficiaries The thÈrity's artivities are diretted towards the followiThJ benÈfitiary groups.. Children and young people.. The thèrity Sup￿rts the welfare. development and futu￿ prosperts of children and young people through targeted pro9rammes and seryices. Elderly persons.. The charity asslsts older people by pmvldlng serylces and facllltles that re￿ts￿ Isolatlon, promote wellbeing and enhance quality of life. People with disabilities-, The charity enables Feople with disabilities to access seryices, facilities and opportunities that support their independence and indusion. Geographic Scope The charity operates throughout England, delivering its charitsbk actsvit￿ to beneficiaries across thi5 geographic area. Ensuring Access te Public Benefit The trustees ensure that the charity'5 activities provide publK benefit by.. En5urlng that the charity's services and facilitres are accessible to oll qualifying beneficiaries regardless of thelr Nnanclal circumstances. • Prcvlding subsldies, conce551onary rates or fee wolvers ￿l￿e appropriote to ensure that finandol con5tralnts do not p￿vent a¢￿$$ to the charlty's servlces. • Regularly reviewing the Charity's attivities to ensu￿ Ihey ￿rna1n alffjned with its charitable purposes and dellver measurable beneflt to the community. Naintainlng appropdate safeguarding polKies and procedures to pmtett vulnerable benerlcla￿es. Ensuring that any private benefit ari$ing Irom the Charity's ¥tivities is incidental to the public benefit provided. Monitoring and Evaluation The charity monitors the public benefit delive￿ through its activities by colletting data on part￿ipatiOn, outcomes and beneficlary feedback. This informatlon is reviewed regularty by the trustees and Is used to infomi declslons about the charity'5 future activlties and resource allocation. The rrustees conflrm that they have cornplied with the requirements of Settion 17 of the Charities Art 2011 to have due regard to the Charity Cornmission's guidance on public benefit. Reference and Admlnlstratlve Detalls Trustees Mr Karnr4n Kh4n - Chair14PPQlnted 22107120241 Mr Imran Ali Trustee (appointed 22107120241 Mr Zufar Hussain Trustee (appointed 2210712024) Charlty Number 1209238 Company Number CE036919 Page 2 The Point Leeds Hub Trustees. Report (continued) For the Period 22 July 2024 to 5 April 2025 Reglstered Offlce The Point Conway Road Leeds L58 5JH Independent Examiner Goldman Chase Consultancy Goldman Chase Consultancy 134è Beeston Road Leeds West Yorkshire L5118BB Pdge 3 The Point Leeds Hub Trustees. Report (continued) For the Period 22 July 2024 to 5 April 2025 Small Company Rules This report has been prep6red in accordance with the special provisiDrs relabng to cornp6nies subjert to the 5rnall cornpanie5 regime withln Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by: Mr Kamran Khan Trustee 0210212026 Pdge 4 The Point Leeds Hub Independent Examiner's Report to the Trustees of The Point Leeds Hub For the Period 22 July 2024 to 5 April 2025 I report to the charity trustees on my examinabon of the accounts of the Company for the period ended 5 April 2025. Responsibilities and Ba515 of Report As the charity trustees of the Company land also its directors for the purposes of company lawl, you are responsible for the preparntion of the accounts in 4ccordance with the requirernents of the Cornp6nies Act 20061.the 2006 Art"). Having satisfied rnyself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and re Èligible for independent Èxaminètion. I rerK)rt in respect of my examination OF your tharity's attounts as tarried out under section 145 of the Chamties Act 2011 I'the 2011 Act'l. In canying out my examination I have followed the Directions given by the Charity Cornm15sion under seLtion 14515) Ibl of the 2011 ALt. Independent Examiner's Statement I have completed my examination. I conhrm that matters have come to my atten￿On In connectlon wlth the examlnatlon giving me cause to believe.. l. accountln9 records were not kept In respect of the Company as requlred by sectloTh 386 of the 2006 Act,. or 2. the accounts do not accord ¥vith those records,. or 3. the atcounts do not tomply with the atcounting requirements of sertKJn 396 of tl* 2006 Att Other than any requirement that the accounts give a 'ttye and fair view. which ts not a matter consldered as part of an Independent examination., or 4. the 4ccount5 hove not been prepared in arcordance with the rTth5 and principles of the Statement of Recommended Practlce for accounting and reporting by charibes applicable to charitles preparing their accounts In ccordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other mattets In connection with the examination to Vlhich attentlon sh¢uld be drawn In this report In order to enable a proper understanding of the accounts to be ￿Ched. Goldrnan Chase Consultancy 3111212025 134a Beeston Road Leeds West Yorkshlre LS1188B Pdge 5 The Point Leeds Hub Statement of Financial Artivities {including Income and Expenditure Account) For the Period 22 July 2024 to 5 April 2025 5 April 2025 Unrestricted fvnds Notes INCOME AND ENDOWMENTS FROPI: Donations and legacies 42,018 EXPENDITURE ON: Raising funds (32.8741 NETINCOME 9,144 NET MOVEMENT IN FUNDS 9.144 RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD li 9.144 The notes on pages 8 to 12 form part of these financial statements. Pdge 6 The Point Leeds Hub Balance Sheet As At 5 April 2025 5 April 2025 Unrestricted fvnds Notes FIXED ASSETS Tangible Assets 820 820 CURRENT ASSETS Debtors 150 8.474 Cash at bank and in hand 8,624 Credltors: Amounts F•lllng Due Wbthln Orte Ye•r io 13001 NET CURRENT ASSETS (LIABILrriES) 8,324 TOTAL AsseTS LESS CURReNT UA8IUTIES 9,144 NET ASSETS 9,144 FUNDS OF THE CHARITY Unrestricted Funds 9,144 TOTAL FUNDS li 9,144 For the period ending S April 2025 the charitsble company was entitled to exemptiofi from audit under sectlon 477 OF the Companles Att 2006 wlating to small companies. The members have not requlred the charitable wmpany to obtsin an audit In accordaKe ¥Yith section 476 of the Companles Act 2006. The trustees acknowledge thelr responslbilities for complying wrth the requlremeTrts of the Act wlth respect to accountlng records and the preparation of accounts. These accounts have beeTh prepared in accordance wlth the provlslons appllcable to companie5 subject to the small companle5 regime. On behaw of the board Mr Kamran Khan Trustee 0610112026 The notes on pages 8 to 12 fomi part of these finatKial 5taternents. Pdge 7 The Point Leeds Hub Notes to the Financial Statements For the Period 22 July 2024 to 5 April 2025 l. General Information The Point Leeds Hub 15 a cornpany limited by guarantee. incorpor0t￿ in Engtsnd & Wales, registered nurnber CE036919 and registered charity nurnber 1209238. The registered offio 15 The Point Conway Road . Leeds, LS8 5JH. 2. A¢¢ountlng Poll¢l*s 2.1. Bo515 of Preparotion of Finonciol Statements The financial statements have been prepared in accordance wth the Charibes SORP IFRS 1021 "Accounbng and Reporting by Chèrities.. Statement of Recommended Prartice applicable to thèrities preparin9 their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Jreland IFRS 1021 (effective I January 20191. Financial Reporting Stsndard 102 Financiol Reporbng Stsndard applicable in the UK and Republic of IrÈland" and the Companies Art 2006. The charitsble Company is a Fxjbllc Benefit Entyty as lefined by FRS 102. 2.2. In¢omlng Rewur¢es Incorning Re50urce5 Accounbng Policy Generol Recognltion Princlple5 Income is recognised when the charity has entitjernent to the funds. any perforrnantt conditions attached to the income have been met, it is probable that the Income will be received and the amount can be ffleasured reliably. Sncome is deferred only when the charity has to fulfil conditsons before becoming entitled to It or where the donor has specified that the Irthme Is to be expended in a futu￿ occounting period. Dcnations ond Legocie5 Denations and gifts.. Monetary donations are recognised when received. Donated goods and 5ervice5 are recognlsed at fair value when received. provided the value can be measured reliably. In accordance with the Charities SORP, the general volunteer tlme of the charlty's volunteers is not recogn0￿ In the accounrs. Glft Ald.. Gift Ald receivable is Induded in Income v4hen the￿ Is a valid declaration from the donor and the don8tlon has been received. Any amounts of Gift Aid not received at the balance sheet date are Included as accrued income. Legacies.. Legacies are recognised ¥vhen the chanty is notified OF on impending distribution, the amount Is known or an be ￿liablY estifflated. receipt 15 probable and entitlernent condityons have been Satisfied. Where legacie5 have been notlfled to the charlty but the critena for Income recognitign have not been met, the legacy Is treated as contingent asset and disclosed If rnaterial. Jncorne frorn Chantable ActSvitSes Incorne frorn charitable actlvltles Indudes Income earned fmm the supply of good5 or servlces under contractrjal arrangements and from perforfflance-related grants which have con(Jitions that Specify the provision of particular goods or services to be provided by the charity. Grants recelvable.. Revenue grants are credited to incoming resources on the earller of the date of receipt or when they 4re receivable, unless they relate to a specilied luture period, in which ta5e they are deferred. Grants for the purchasÈ of fixed assets are credited to restritted incoming resources when ￿e1vable. Depreciation of assets purchased wlth such grants Is charged against the restncted fund. Performance-related grants.. Where entitlement to gront income 15 subject to Specific perforrnance conditions, incorne is retognised to the extent that the tharity has met those conditions in the ￿port1Th9 period. Grant in¢ome received in advance of performance Is recognised as a l*bility (deferred Income) untll such time as It Is eamed. Fees and charge5.' Income from fees and charge5 for seryice5 is recognised in the period In which the servlce Is provided. Rental income.. Rental income from the letting of the charity's facilities is recognised OTh a straight-llne basls over the temi of the letting agreement. Jncorne frorn Other Tradin9 ActSvitSes Jncorne frorn trading activities is recogntsed as earned, that is as the related goods or services are provlded. Incorne from Fundraising events is recogni5eil when the event takes place. Inv￿tment Incolne Investment income, including Interest on fvr￿s hekl on deposiL 15 when receivable and the amount can be measured reliably. Interest incotne is recognised u51tig the effertive interest method. Donated Goods. Facilitie5 ServKes .CONTINUED Pdge 8 The Point Leeds Hub Notes to the Financial Statements (continued) For the Period 22 July 2024 to 5 April 2025 2.2. Incomlng Resources- tontlnued Where goods, facilities or services are provided to the tharity 65 a don6tion that would normalty be purchased frotn suppllers, this contrlbutlon is included in the fina￿la1 statements at an estimate based on the value of the contrlbutlon to the charity* being the arnount the charity would pay in the open Ma￿et for an equivalent item or service. A corresponding amount Is then recognised in expenditure in the pen¢>J of receipt. Donate(I fixed assets are measured at fair vèlue unless it is itnpractical to do so. in which case the c05t of the itetn to the donor is used. The gain is recognised as income from donations and a corresponding amount is induded in the approprlate fixed asset class and depreciated over the useful economic life in accordance with the chanty's policies. 2.3. Resources Expended Resources Expended Actounting Policy General Recognltion Prinelples Expenditure is recognise(l once there is a legal or constwctive obligotion to rnake a poyment to a third party, it is probable that settlement wlll be required and the amount of the obligation can be Measl￿ reliably. Expendlture is classified under the following activity headings In the Statement of Financial Athvithe5. Expenditure on Ra151ng Funds Expenditure on raising funds includes all expenditu￿ Incur￿ by the charity to ralse funds for its charitable purpose$. It includes the costs of all fundralsing attivities, events. noTr-charitsble trading activities and the sale of donated good5, together with the a550Clated support costs. It also include5 investment management costs. which comprise all costs incurred in the rnanagement of inve5trnent assets, including those Incurred In the administration of Investments. their wulsitlon. manègement and dlsposal, as well as any associated support costs. Expenditure on Charitable ktivities Expenditu￿ on charitable activities includes the costs of providing IxJikllNJs. facllitles and services, and dellverlng educatlon and training programmes undertaken to further the purposes of the chatlty and thelr assoclated support costs. Such costs Include.. • Dlrect costs of chantable ottivities, IrKludiry stsff costs, materia15 and con5urnables directly attrfbutoble to the Premises costs, Including rent, rates. utilltles. lnstsrar￿ and maintenance of bulldlngs and faclllties. Depreclation of tangible fixed assets used in the delivery of charitable activities. • Grant5 payable In furtheronce of the charity's objects. which are recogn15ed when & construrtlve Or legal obligatlon exists. . Support costs and governance costs allocated on a retisonable and conslsteTht basls. Support Costs Support costs are those functions that assist Ihe work ol Ihe charity bul not directly u￿lertake charitable activlties. Support costs Include.. • Managernent and administration costs. Finante and accounting ¢0Sts. Human resources and payroll admlnlstratjon. Infcrrnation technology costs. General office and premises overheads nor direttiy attributable to charitable activities. Support C05t5 are allocated between the costs of ra15ing funds and expenditure on charitable activities on a basis consistent with the use of the resources. The basis of allocation used is staff time, unless an alternative basis provides a rncre reasonable reflection of the use of resources. Governance Costs Governance costs include the costs of governance arrangernents whlch ￿late to the general running of the charlty as OPP05e(I to the d1￿ct rnanagement functioThs inherent in genernting fvnds, seryice delivery and proglamrne or project ¥York. Governance costs include.. External audit or Independent examination fees. o Legal advice for the tTUStees on governance or constitutional rnatte￿. C05t5 of trustee meeting5 and any Annual General Meetirvj. Costs of preparing Statutory accounts and complyin9 Wlth regulatory requirements. o Strategic planning costs, including time spent by stsff supportin9 governance activities. Gavernance costs are allKated to charitable activibe5 and, where the charity has iniurred costs ttf generating funds, to those activities on a basis consistent with the allocation of other support costs. Irrecoverable VAT Irrecoverable VAT is charged as a cost against the activity for which the expendi￿re vias incurred. Grants Payable .CONTINUED Pdge 9 The Point Leeds Hub Notes to the Financial Statements (continued) For the Period 22 July 2024 to 5 April 2025 2.3. Resources Expended- eontlnued Grants pay4ble ore payments tnade to third parbes in fvrtherance of the charitsble objerts of the charity. Single or muifi-year grants are accounted for when either the recipient has a reasonèble expertatlon that they will receive a grdnt and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expettation th4t they will receive a grant and ony condition attaching to the grant 15 outside the control of the charity. Provisions for grants are made when the Intention to make è grant has been communicated to the reciplent but there Is uncertainty about either the timing of the grant or the amount of grant payable. Employee Benefits Short-term employee benefits.. Short-terrn ernployee benefits. including wages, salaries and social security contributions, are recogni5ed as an expense in the period in which the ernployees render the service. Holiday pay is retognised as an expense in the penod in v4hith the holiday entitlement is eamed. A liability is recognised for the tost of any unused holiday entitlernent at the reporting date. Pension costs.. The charity operates a defined contnbution pension scherne. Contributions payable to the pen510n scheme are chèrged to the Statement of Finantial Attivities in the r>eriod to V4hith they ￿late. Operating Leases Rentals payable under operating leases are charyed to the Statement of FlTraTrcial ActIvI￿eS on a stralght-line basss over the terrn of the knse. Tangible Fixed Assets ond DepreCiat￿n Tangible fixed a￿ets costing more than £500 are capitalised and ststed at cost less accurnulated depreciation and ccumulated impairment losse5. C05t include5 the original purchase price plus costs directly ottributsble to bringing the asset to its working condition lor its iniended use. Dep￿latIOn Is provided on all tafigible fixeo assets at rates calculateo to write off the cost. less esumated ￿$1￿ual value, of each asset on a systematic basis over Its expected useful life as follows.. Asset Category OepreclatioTh Rate Freehold buildlngs 2% stralght line150 years) Leasehold irnprovements Over the rernaining leose term Fixtures and fitting5 20% strdi9ht line 15 years) Computer equipment 33Wo Straight line13 years) Moter vehlcles 25% strnight line14 years) Freehold land Is not depreclated. The carrying values of tan9lble fixed assets ore revlewed for Impalrment when events or change5 In circumstance5 Indicate the carrying value may not be recoverable. Fund Accounting The charity maintains the followin9 types of funds.. Unrestricted funds.. General funds that are available for use at the discretion of the trustees In furtherance of the general objectives of the charity and which hove not been designated for other purpose5. Designated funds.. Unrestricted fvnds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund Is set out In the notes to the financial statements. Restricted funds.. Fund5 that are to be used In accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and adtninistering such funds are charged against the specific fund. The aim and use of each restritted fund is set out in the notes to the financial statements. Endowment funds.. Funds where the capitsl must be maintained either permanently or for a specifled period, wlth only the incorne being available for expenditure in accordance with the object5 of the charity. Reserves Policy The trustees have determined that the tharity should maintain free reserves (unrestricted funds not designated for specific purpos￿ or Invested in tangibk fixed assets) equivalent to approximately three to six months of operatlonal expenditure. This level of reseryes provides sufficient funds to cover rnanagement, adrnini5tration and support costs, allowing the charity to continue operating in the event of a svjnificant drop in funding whilst altemative source5 are secured. The trustees monitor the level of hte ￿tYeS throughout the year and tske corrective action should reserves fall below this level. 2.4. Tanglble Mxed As9ets and Depreclatlon Tangible fixed assets are measured at cost less accumulated depretiation and any accumulated impairment losses. Depreciation is provided at rates calculated to wnte off the cost of the fixed assets, less thelr estimated re51dual value, over their expected useful live5 on the following b6ses= Plant & Machinery IO% Reducing Balèn Pdge 10 The Point Leeds Hub Notes to the Financial Statements (continued) For the Period 22 July 2024 to 5 April 2025 2.5. Cash and Cash Equivalerts Cash and cash equivalents are basic financial assets indude cash in hand ond deposits held at call with banks, other short-tertn highly liquid Inve5trnents that rnature in no r[￿re than three tnonth5 frotn the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 3. Income from Donatlons and Legacles 5 Aprll 2025 Unrestrlcted funds DonatSons and gifts 42,018 4. Analysis of ExpendSture 5 Aprll 2025 Actlvltles undertaken dlrertlv SLtpport costs Isee note Sl Total Raislng funds 396 32,478 32,874 S, Support Costs 5 Aprll 2025 R•lslng fund• Employee costs Preml$es expenses General admlnistration 1,020 13,226 18,232 32,478 6. Independent Ex•mlner's Remuneratlon 5 Aprll 2025 Independent examinaticn of the financlal statements Other a55urance seryices Tax advisory services Other finandal services 300 300 7. Average Number of Employees Average number of ernployees during the period wa5.. NIL Page 11 The Point Leeds Hub Notes to the Financial Statements (continued) For the Period 22 July 2024 to 5 April 2025 8. Tangible Assets Plant & Machlnery C05t As at 22 July 2024 Additions 820 As at 5 April 2025 820 Net Book Value As at 5 April 2025 820 As at 22 July 2024 g. Debtors 5 Aprll 2025 Du¢ wlthln one year Other debtors 150 10. Credbtors: Amounts F•lllng Due Wlthln One Ye•r 5 Aprll 2025 Other credltors 300 IL. Movtment In Fund* A• at 22 Juty 2024 As at 5 Aprll 2025 In¢•me expendlture Unro•trirt¢d fund• General.. Genernl unrestricted fund 42.018 132,8741 9,144 Total funds 42.018 132.8741 9.144 12. Tr•ns•dions with Tryst¢es Durlng the perfcd the expenses reimbursed to the trustees or paid dlrecdy to thlrd parties were as follows.. 5 Aprll 2025 13. Related Party Dlgdosures 14. Company IlmSted by guarantee The tDtnpany is lirnited by guarantee and ha5 llo Share capitsl. Every member of the company undertakes to contri￿te to the assets of Ihe company. in the event of è winding up. such an amount as may be required not exceeding £1. Page 12 The Point Leeds Hub Detailed Statement of Financial Activities (including Income and Expenditure Account) For the Period 22 July 2024 to 5 April 2025 S April 2025 Total funds INCOME AND ENDOWMENTS FROM: Donatlons and legacles Donations and gift5 42,018 42.018 42,018 EXPENDITURE ON: Ralslng funds Purchases 13961 11,0201 113,2261 117,8371 13001 1951 Subsistence expenses Rent Repairs, renewals and maintenance Independent examlner's fees Consultancy lees 132.8741 132,8741 NET INCOME 9,144 Page 13