REGISTERED CHARITY NUMBER: 222139
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
Alderman J Gartside Mr J Gartside Mr E.G.L. Collins O.B.E Mr A Dearnley Mrs C Duckworth
In the rules and regulations of the society, provision is made for a council and certain committees (see paragraph headed "Organisation"). There is no specific reference to trustees, except in the context of the Society's property and investments. The council members are appointed in accordance with the rules of the society being not more than 25, of which 10 may be nominated from a specified variety of local bodies and 15 are elected from the general membership. The council members are the trustees for the Charities Act. Those serving on the council at any time during the year are listed above.
Alderman J. Gartside is the President.
All the trustees served on the finance committee in the year.
Finance Officer -- Mr D Hazell
PRINCIPAL ADDRESS
20 Highbarn Close, Rochdale Lancashire OL11 3PN
REGISTERED CHARITY NUMBER 222139
INDEPENDENT EXAMINER Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
Page 1
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Principle objectives and policies
The objects of the Society are the provision and maintenance of a social centre for the blind and to provide assistance and advice directed towards the saving of sight and these have continued to be carried out during the year
The Society's operations cover those areas, which at 31 March 1974 were within the County Borough of Rochdale and the Urban Districts of Littleborough, Milnrow, Wardle and Whitworth
Public benefit
When planning the activities for the year, the trustees have considered the Charity Commissions guidance on public benefit and in particular the trustees have considered how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The society moved it's social base from its own premises to Rochdale Masonic Buildings in November 2024. The new premises are occupied under a 5 year lease. The owned property required significant work to bring it up to date so the trustees took the decision to try to sell it.
The trustees agreed to refurbish the ramp to the Masonic Hall in order that members had better access, this work was completed in the year.
During the year the society continued to provide a social centre and organise outings for the enjoyment of the beneficiaries.
Investing Activities
The charity's investments are in accordance with the Trustee Investments Act 2000.
The management committee has considered the most appropriate policy for investing funds by seeking the advice of the charity's stockbroker, Brewin Dolphin Limited.
FINANCIAL REVIEW
Financial position
Total income has fallen slightly over the prior year with donations and legacies decreasing by £496 and investment income falling by £738. Expenditure increased by £14,631 which resulted in a deficit for the year of £54,560 before any movement on investments.
There was a net total of £23,596 realised and unrealised gains & losses on investments giving a market value of the investments at the year end of £1,065,361 and a deficit for the year of £30,964 and total reserves of £1,093,041.
Reserves policy
It is the policy of the charity to maintain sufficient unrestricted funds, which are free reserves of the charity, so that if annual outgoings are sustained they would be covered for the foreseeable future. Free reserves excluding investments amounted to £27,680 and including investments amounted to £1,093,041.
Going concern
There are no going concern issues.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is an unincorporated association and is governed by the rules and regulations of the Rochdale and District Blind Welfare Society. It is registered with the Charity Commission and its registration number is 222139.
Page 2
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Rochdale and District Blind Welfare Society is run by a council, which meets at least twice yearly and is responsible for setting the strategic direction of the organisation and for establishing policy. The council appoints:-
i) A finance committee, which is in effect a management committee, and the functions of which, as defined by the rules and regulations include some functions commonly performed by trustees.
ii) A welfare committee which supervises the social centre and organises many social activities for blind and partially sighted persons.
iii) An appeals committee (which has not had occasion to meet for many years).
The society's investments (other than the social centre) are held by a nominee company, which acts on the instructions of the finance committee.
Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by:
Mr J Gartside - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Independent examiner's report to the trustees of The Rochdale and District Blind Welfare Society
I report to the charity trustees on my examination of the accounts of The Rochdale and District Blind Welfare Society (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P.A. Richards F.C.A., D.Ch.A.
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
20 August 2025
Page 4
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 4,594 25,817 30,411 8,033 76,938 84,971 23,596 (30,964) 1,124,005 1,093,041 |
2024 Total funds £ 5,090 26,555 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 |
The notes form part of these financial statements
Page 5
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
BALANCE SHEET 31 MARCH 2025
| Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 1 1,065,361 1,065,362 18,753 13,502 32,255 (4,576) 27,679 1,093,041 1,093,041 1,093,041 1,093,041 |
2024 Total funds £ 1 1,092,204 1,092,205 22,130 13,851 35,981 (4,181) 31,800 1,124,005 1,124,005 1,124,005 1,124,005 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were signed on its behalf by:
Alderman J Gartside - Trustee
Mr J Gartside - Trustee
The notes form part of these financial statements
Page 6
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
The company premises are shown in the books at a nominal value of £1.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Investments
Investments are stated at market value. Provision is made in the accounts for unrealised gains and losses.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Investment income | 25,817 | 26,555 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
continued...
Page 7
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Equivalent full time staff No employees received emoluments in excess of £60,000. There were 2 part time employees during the year. 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 | ||
| Property on Trust £ 1 1 1 |
The social centre premises are shown at a nominal £1. They are held on trust for the charity by the Official Custodian for Charities.
continued...
Page 8
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 7. FIXED ASSET INVESTMENTS QUOTED INVESTMENTS:- Market value at beginning of the year Additions at cost Proceeds of disposal Realised/ Unrealised gains/(losses) Market value at the end of the year Cost value at the end of the year 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due a Within one year Between one and five years The lease commitment relates to the lease on Rochdale Masonic Buildings 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS |
|||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| -------- | -------- | ||||
| £ | £ | ||||
| 1,092,204 | 1,027,458 | ||||
| 225,865 | 323,768 | ||||
| (276,304) | (368,058) | ||||
| 23,596 | 109,036 | ||||
| - | -------------- - |
-------------- | |||
| 1,065,361 | 1,092,204 | ||||
| ======== | ======== | ||||
| 949,347 | 928,275 | ||||
| == | ====== | == | ====== | ||
| s follows: At 1.4.24 £ 1,124,005 1,124,005 |
2025 £ 18,753 2025 £ 4,576 2025 £ 15,600 55,900 71,500 Net movement in funds £ (30,964) (30,964) |
2024 £ 22,130 2024 £ 4,181 2024 £ - - - At 31.3.25 £ 1,093,041 1,093,041 |
continued...
Page 9
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 30,411 | (84,971) | 23,596 | (30,964) |
| TOTAL FUNDS | 30,411 | (84,971) | 23,596 | (30,964) |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 31,645 TOTAL FUNDS 31,645 |
At 1.4.23 £ 1,053,665 1,053,665 Resources expended £ (70,340) (70,340) |
Net movement in funds £ 70,340 70,340 Gains and losses £ 109,035 109,035 |
At 31.3.24 £ 1,124,005 |
At 31.3.24 £ 1,124,005 |
|---|---|---|---|---|
| 1,124,005 | ||||
| Movement in funds £ 70,340 70,340 |
||||
| 70,340 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 10
REGISTERED CHARITY NUMBER: 222139
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
Alderman J Gartside Mr J Gartside Mr E.G.L. Collins O.B.E Mr A Dearnley Mrs C Duckworth
In the rules and regulations of the society, provision is made for a council and certain committees (see paragraph headed "Organisation"). There is no specific reference to trustees, except in the context of the Society's property and investments. The council members are appointed in accordance with the rules of the society being not more than 25, of which 10 may be nominated from a specified variety of local bodies and 15 are elected from the general membership. The council members are the trustees for the Charities Act. Those serving on the council at any time during the year are listed above.
Alderman J. Gartside is the President.
All the trustees served on the finance committee in the year.
Finance Officer -- Mr D Hazell
PRINCIPAL ADDRESS
20 Highbarn Close, Rochdale Lancashire OL11 3PN
REGISTERED CHARITY NUMBER 222139
INDEPENDENT EXAMINER Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
Page 1
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Principle objectives and policies
The objects of the Society are the provision and maintenance of a social centre for the blind and to provide assistance and advice directed towards the saving of sight and these have continued to be carried out during the year
The Society's operations cover those areas, which at 31 March 1974 were within the County Borough of Rochdale and the Urban Districts of Littleborough, Milnrow, Wardle and Whitworth
Public benefit
When planning the activities for the year, the trustees have considered the Charity Commissions guidance on public benefit and in particular the trustees have considered how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The society moved it's social base from its own premises to Rochdale Masonic Buildings in November 2024. The new premises are occupied under a 5 year lease. The owned property required significant work to bring it up to date so the trustees took the decision to try to sell it.
The trustees agreed to refurbish the ramp to the Masonic Hall in order that members had better access, this work was completed in the year.
During the year the society continued to provide a social centre and organise outings for the enjoyment of the beneficiaries.
Investing Activities
The charity's investments are in accordance with the Trustee Investments Act 2000.
The management committee has considered the most appropriate policy for investing funds by seeking the advice of the charity's stockbroker, Brewin Dolphin Limited.
FINANCIAL REVIEW
Financial position
Total income has fallen slightly over the prior year with donations and legacies decreasing by £496 and investment income falling by £738. Expenditure increased by £14,631 which resulted in a deficit for the year of £54,560 before any movement on investments.
There was a net total of £23,596 realised and unrealised gains & losses on investments giving a market value of the investments at the year end of £1,065,361 and a deficit for the year of £30,964 and total reserves of £1,093,041.
Reserves policy
It is the policy of the charity to maintain sufficient unrestricted funds, which are free reserves of the charity, so that if annual outgoings are sustained they would be covered for the foreseeable future. Free reserves excluding investments amounted to £27,680 and including investments amounted to £1,093,041.
Going concern
There are no going concern issues.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is an unincorporated association and is governed by the rules and regulations of the Rochdale and District Blind Welfare Society. It is registered with the Charity Commission and its registration number is 222139.
Page 2
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Rochdale and District Blind Welfare Society is run by a council, which meets at least twice yearly and is responsible for setting the strategic direction of the organisation and for establishing policy. The council appoints:-
i) A finance committee, which is in effect a management committee, and the functions of which, as defined by the rules and regulations include some functions commonly performed by trustees.
ii) A welfare committee which supervises the social centre and organises many social activities for blind and partially sighted persons.
iii) An appeals committee (which has not had occasion to meet for many years).
The society's investments (other than the social centre) are held by a nominee company, which acts on the instructions of the finance committee.
Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by:
Mr J Gartside - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Independent examiner's report to the trustees of The Rochdale and District Blind Welfare Society
I report to the charity trustees on my examination of the accounts of The Rochdale and District Blind Welfare Society (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P.A. Richards F.C.A., D.Ch.A.
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
20 August 2025
Page 4
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 4,594 25,817 30,411 8,033 76,938 84,971 23,596 (30,964) 1,124,005 1,093,041 |
2024 Total funds £ 5,090 26,555 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 |
The notes form part of these financial statements
Page 5
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
BALANCE SHEET 31 MARCH 2025
| Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 1 1,065,361 1,065,362 18,753 13,502 32,255 (4,576) 27,679 1,093,041 1,093,041 1,093,041 1,093,041 |
2024 Total funds £ 1 1,092,204 1,092,205 22,130 13,851 35,981 (4,181) 31,800 1,124,005 1,124,005 1,124,005 1,124,005 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were signed on its behalf by:
Alderman J Gartside - Trustee
Mr J Gartside - Trustee
The notes form part of these financial statements
Page 6
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
The company premises are shown in the books at a nominal value of £1.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Investments
Investments are stated at market value. Provision is made in the accounts for unrealised gains and losses.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Investment income | 25,817 | 26,555 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
continued...
Page 7
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Equivalent full time staff No employees received emoluments in excess of £60,000. There were 2 part time employees during the year. 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 | ||
| Property on Trust £ 1 1 1 |
The social centre premises are shown at a nominal £1. They are held on trust for the charity by the Official Custodian for Charities.
continued...
Page 8
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 7. FIXED ASSET INVESTMENTS QUOTED INVESTMENTS:- Market value at beginning of the year Additions at cost Proceeds of disposal Realised/ Unrealised gains/(losses) Market value at the end of the year Cost value at the end of the year 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due a Within one year Between one and five years The lease commitment relates to the lease on Rochdale Masonic Buildings 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS |
|||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| -------- | -------- | ||||
| £ | £ | ||||
| 1,092,204 | 1,027,458 | ||||
| 225,865 | 323,768 | ||||
| (276,304) | (368,058) | ||||
| 23,596 | 109,036 | ||||
| - | -------------- - |
-------------- | |||
| 1,065,361 | 1,092,204 | ||||
| ======== | ======== | ||||
| 949,347 | 928,275 | ||||
| == | ====== | == | ====== | ||
| s follows: At 1.4.24 £ 1,124,005 1,124,005 |
2025 £ 18,753 2025 £ 4,576 2025 £ 15,600 55,900 71,500 Net movement in funds £ (30,964) (30,964) |
2024 £ 22,130 2024 £ 4,181 2024 £ - - - At 31.3.25 £ 1,093,041 1,093,041 |
continued...
Page 9
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 30,411 | (84,971) | 23,596 | (30,964) |
| TOTAL FUNDS | 30,411 | (84,971) | 23,596 | (30,964) |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 31,645 TOTAL FUNDS 31,645 |
At 1.4.23 £ 1,053,665 1,053,665 Resources expended £ (70,340) (70,340) |
Net movement in funds £ 70,340 70,340 Gains and losses £ 109,035 109,035 |
At 31.3.24 £ 1,124,005 |
At 31.3.24 £ 1,124,005 |
|---|---|---|---|---|
| 1,124,005 | ||||
| Movement in funds £ 70,340 70,340 |
||||
| 70,340 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 10
REGISTERED CHARITY NUMBER: 222139
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
Alderman J Gartside Mr J Gartside Mr E.G.L. Collins O.B.E Mr A Dearnley Mrs C Duckworth
In the rules and regulations of the society, provision is made for a council and certain committees (see paragraph headed "Organisation"). There is no specific reference to trustees, except in the context of the Society's property and investments. The council members are appointed in accordance with the rules of the society being not more than 25, of which 10 may be nominated from a specified variety of local bodies and 15 are elected from the general membership. The council members are the trustees for the Charities Act. Those serving on the council at any time during the year are listed above.
Alderman J. Gartside is the President.
All the trustees served on the finance committee in the year.
Finance Officer -- Mr D Hazell
PRINCIPAL ADDRESS
20 Highbarn Close, Rochdale Lancashire OL11 3PN
REGISTERED CHARITY NUMBER 222139
INDEPENDENT EXAMINER Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
Page 1
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Principle objectives and policies
The objects of the Society are the provision and maintenance of a social centre for the blind and to provide assistance and advice directed towards the saving of sight and these have continued to be carried out during the year
The Society's operations cover those areas, which at 31 March 1974 were within the County Borough of Rochdale and the Urban Districts of Littleborough, Milnrow, Wardle and Whitworth
Public benefit
When planning the activities for the year, the trustees have considered the Charity Commissions guidance on public benefit and in particular the trustees have considered how planned activities will contribute to the aims and objectives they have set.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The society moved it's social base from its own premises to Rochdale Masonic Buildings in November 2024. The new premises are occupied under a 5 year lease. The owned property required significant work to bring it up to date so the trustees took the decision to try to sell it.
The trustees agreed to refurbish the ramp to the Masonic Hall in order that members had better access, this work was completed in the year.
During the year the society continued to provide a social centre and organise outings for the enjoyment of the beneficiaries.
Investing Activities
The charity's investments are in accordance with the Trustee Investments Act 2000.
The management committee has considered the most appropriate policy for investing funds by seeking the advice of the charity's stockbroker, Brewin Dolphin Limited.
FINANCIAL REVIEW
Financial position
Total income has fallen slightly over the prior year with donations and legacies decreasing by £496 and investment income falling by £738. Expenditure increased by £14,631 which resulted in a deficit for the year of £54,560 before any movement on investments.
There was a net total of £23,596 realised and unrealised gains & losses on investments giving a market value of the investments at the year end of £1,065,361 and a deficit for the year of £30,964 and total reserves of £1,093,041.
Reserves policy
It is the policy of the charity to maintain sufficient unrestricted funds, which are free reserves of the charity, so that if annual outgoings are sustained they would be covered for the foreseeable future. Free reserves excluding investments amounted to £27,680 and including investments amounted to £1,093,041.
Going concern
There are no going concern issues.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is an unincorporated association and is governed by the rules and regulations of the Rochdale and District Blind Welfare Society. It is registered with the Charity Commission and its registration number is 222139.
Page 2
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Rochdale and District Blind Welfare Society is run by a council, which meets at least twice yearly and is responsible for setting the strategic direction of the organisation and for establishing policy. The council appoints:-
i) A finance committee, which is in effect a management committee, and the functions of which, as defined by the rules and regulations include some functions commonly performed by trustees.
ii) A welfare committee which supervises the social centre and organises many social activities for blind and partially sighted persons.
iii) An appeals committee (which has not had occasion to meet for many years).
The society's investments (other than the social centre) are held by a nominee company, which acts on the instructions of the finance committee.
Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by:
Mr J Gartside - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
Independent examiner's report to the trustees of The Rochdale and District Blind Welfare Society
I report to the charity trustees on my examination of the accounts of The Rochdale and District Blind Welfare Society (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P.A. Richards F.C.A., D.Ch.A.
Wyatt Morris Golland Ltd Park House 200 Drake Street Rochdale Lancashire OL16 1PJ
20 August 2025
Page 4
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 4,594 25,817 30,411 8,033 76,938 84,971 23,596 (30,964) 1,124,005 1,093,041 |
2024 Total funds £ 5,090 26,555 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 |
The notes form part of these financial statements
Page 5
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
BALANCE SHEET 31 MARCH 2025
| Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 1 1,065,361 1,065,362 18,753 13,502 32,255 (4,576) 27,679 1,093,041 1,093,041 1,093,041 1,093,041 |
2024 Total funds £ 1 1,092,204 1,092,205 22,130 13,851 35,981 (4,181) 31,800 1,124,005 1,124,005 1,124,005 1,124,005 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 August 2025 and were signed on its behalf by:
Alderman J Gartside - Trustee
Mr J Gartside - Trustee
The notes form part of these financial statements
Page 6
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
The company premises are shown in the books at a nominal value of £1.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Investments
Investments are stated at market value. Provision is made in the accounts for unrealised gains and losses.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Investment income | 25,817 | 26,555 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
continued...
Page 7
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Equivalent full time staff No employees received emoluments in excess of £60,000. There were 2 part time employees during the year. 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable activities Charitable activities Total Net gains on investments NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
2025 2024 1 1 Unrestricted fund £ 5,090 26,555 31,645 7,402 62,938 70,340 109,035 70,340 1,053,665 1,124,005 Property on Trust £ 1 1 1 |
|---|---|---|
| 31,645 | ||
| 7,402 62,938 |
||
| 70,340 | ||
| 109,035 | ||
| 70,340 1,053,665 |
||
| 1,124,005 | ||
| Property on Trust £ 1 1 1 |
The social centre premises are shown at a nominal £1. They are held on trust for the charity by the Official Custodian for Charities.
continued...
Page 8
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 7. FIXED ASSET INVESTMENTS QUOTED INVESTMENTS:- Market value at beginning of the year Additions at cost Proceeds of disposal Realised/ Unrealised gains/(losses) Market value at the end of the year Cost value at the end of the year 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due a Within one year Between one and five years The lease commitment relates to the lease on Rochdale Masonic Buildings 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS |
|||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| -------- | -------- | ||||
| £ | £ | ||||
| 1,092,204 | 1,027,458 | ||||
| 225,865 | 323,768 | ||||
| (276,304) | (368,058) | ||||
| 23,596 | 109,036 | ||||
| - | -------------- - |
-------------- | |||
| 1,065,361 | 1,092,204 | ||||
| ======== | ======== | ||||
| 949,347 | 928,275 | ||||
| == | ====== | == | ====== | ||
| s follows: At 1.4.24 £ 1,124,005 1,124,005 |
2025 £ 18,753 2025 £ 4,576 2025 £ 15,600 55,900 71,500 Net movement in funds £ (30,964) (30,964) |
2024 £ 22,130 2024 £ 4,181 2024 £ - - - At 31.3.25 £ 1,093,041 1,093,041 |
continued...
Page 9
THE ROCHDALE AND DISTRICT BLIND WELFARE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 30,411 | (84,971) | 23,596 | (30,964) |
| TOTAL FUNDS | 30,411 | (84,971) | 23,596 | (30,964) |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 31,645 TOTAL FUNDS 31,645 |
At 1.4.23 £ 1,053,665 1,053,665 Resources expended £ (70,340) (70,340) |
Net movement in funds £ 70,340 70,340 Gains and losses £ 109,035 109,035 |
At 31.3.24 £ 1,124,005 |
At 31.3.24 £ 1,124,005 |
|---|---|---|---|---|
| 1,124,005 | ||||
| Movement in funds £ 70,340 70,340 |
||||
| 70,340 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 10