## **DISABLED LIVING**
(A Company Limited By Guarantee)
## **Trustees Report and Consolidated Accounts**
**For the year ended 31 March 2025**
Company Number 00383902
Registered Charity Number 224742
## **Disabled Living**
||**Contents**||
|---|---|---|
|||**Page**|
|**Legal and administrative information**||1 - 2|
|**Report of the trustees**||3 – 13|
|**Report of the auditors**||14 - 17|
|**Consolidated statement of financial activities**||18|
|**Consolidated balance sheet**||19|
|**Charity balance sheet**||20|
|**Consolidated statement of cash flows**||21|
|**Notes forming part of the financial statements**||22 - 33|
## **Disabled Living Legal and administrative information**
**NAME OF THE CHARITY:** Disabled Living **CHIEF EXECUTIVE:** Ms S Carassik Ratty **TRUSTEES :- PRESIDENT:** Mr K Yeung OBE, DL **CHAIRMAN:** Mrs P Brown **HONORARY TREASURER:** Mr G Cosgrove **OTHER ELECTED MEMBERS:** Mr P J Downs MBE Mr A Norton Mr G Owen Mrs J Gee Mr J Campbell Mrs S Jones Mr J Wintersgill **REPRESENTATIVE MEMBERS: AUDITORS:** Harold Sharp 5 Brooklands Place Sale Manchester M33 3SD **SOLICITORS:** Shakespeare Martineau LLP Omega Court 360 Cemetery Road Sheffield S11 8FT
**REGISTERED OFFICE:**
Burrows House 10 Priestley Road Wardley Industrial Estate Worsley Manchester M28 2LY
1
## **Disabled Living Legal and administrative information**
## **BANKERS:**
Royal Bank of Scotland Manchester, Mosley Street 38 Mosley Street Manchester M60 2BE
2
**Report of the Trustees**
## **DISABLED LIVING For the year ended 31 March 2025**
The trustees are pleased to present their annual directors’ report together with the consolidated financial statements of the charity and its subsidiary for the year ending 31st March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the companies Act 2006, the Memorandum and Articles of Association, and 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 & Republic of Ireland (FRS102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **LEGAL STATUS**
Disabled Living is a registered charity, number 224742, which has a Memorandum and Articles of Association as its governing document. It is incorporated under the Companies Act as a company limited by guarantee, number 00383902. For the purposes of the Companies Act the elected members of the Council, being the trustees of the Charity, also act as the directors of the company.
## **ELECTED MEMBERS AND METHOD OF APPOINTMENT**
The members shall be the persons appointed as trustees from time to time who shall have consented in writing to become members and whose names have been entered in the register.
The serving trustees have the power to appoint any person who is able and willing to do so to be a trustee. A trustee must be a natural person aged 16 years or older. The number of trustees shall be not less than three, but shall not be subject to any maximum.
New trustees undertake an induction process in order to brief them of their obligations under charity and company law, the structure, activities and processes of the charity and to meet key employees.
## **ORGANISATIONAL STRUCTURE AND DECISION MAKING**
The Chief executive officer has responsibility for running the organisation on behalf of the trustees and leads the executive team. The executive team provide day to day management of the charity and recommend strategy to the Trustees who meet on a quarterly basis.
## **RISK MANAGEMENT - GENERAL FUND**
The Trustees manage surplus cash reserves to ensure the declared Reserves Policy is achieved. Surplus cash remaining after meeting that objective will be moved to an interest bearing deposit account. Given the Charity’s historic financial position, the Trustees do not feel it prudent to invest in long term securities of a general or specific nature.
## **RESERVES POLICY**
The aims of the Disabled Livings reserves policy is to ensure the ongoing future activities of the charity are reasonably protected. The board have agreed that a minimum level of reserves should be three months expenditure. Free reserves are calculated currently at £352,963 which takes into account the unrestricted reserves less fixed assets. Current reserves are higher than three month’s expenditure, which is calculated at £350,873 (excluding non-recurring Hilight project costs) and will support the charity as we develop plans for our services moving forward.
3
## **DISABLED LIVING For the year ended 31 March 2025**
## **Report of the Trustees**
## **FUNDRAISING DISCLOSURE**
The charity’s only fundraising activity in the year was an annual appeal which was run by employee’s of the charity. No professional fundraiser or commercial participator was used. No complaints were received by the charity in respect of this fundraising.
## **OBJECTIVES AND ACTIVITIES**
Disabled Living is a registered charity with the following charitable objects:
- To promote the welfare, independence, and inclusion of disabled people of all ages.
- To provide advice, training, and resources for disabled people, their families, and professionals.
- To deliver events, services, and innovation that improve quality of life and access to opportunities.
In delivering these objectives, Trustees confirm they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Our work includes:
- Adapt & Live assessments and training
- Kidz to Adultz exhibitions
- Community services at Redbank House
- Bladder & Bowel UK advice and consultancy
- Development of innovative digital solutions such as Hilight
## **MISSION AND VISION**
_Our vision_ : To support healthier communities and personal independence through vital advice and information, and innovation.
_Our mission_ : We will listen to what people need and embrace opportunity, to find solutions. We will continually invest in people to make a real difference.
## _Our values_ :
_People first_ : Create a safe environment where people feel valued as individuals, meeting their needs through practical support and targeted investment.
_Make a difference_ : To proactively seek out opportunities, so we can adapt to ever changing circumstances and environments.
_Don’t hold back_ : Lead from the front by educating and engaging others, communicating with personality and clarity
4
## **DISABLED LIVING For the year ended 31 March 2025**
## **Report of the Trustees**
## **CHIEF EXECUTIVE’S REPORT**
It is a privilege to present Disabled Living’s Annual Report for 2024–2025, my first since being appointed Chief Executive in April 2025. I would like to begin by acknowledging the enormous contribution of my predecessor, Debra Evans, who retired in March 2025 after 17 years of outstanding leadership. Her legacy is one of resilience, growth, and dedication to the communities we serve, and I am honoured to build on the foundation she established.
## **A YEAR OF CHALLENGE AND CHANGE**
The past year has been one of significant change and considerable challenge. Disabled Living has faced the combined effects of rising economic pressures, cuts to health and social care budgets, and a national shortage of occupational therapists. These external factors had a direct impact across our services, resulting in a year-end deficit of £372,000.
Despite these pressures, the commitment of our staff, volunteers, trustees, and partners has ensured that Disabled Living has continued to provide vital services to children, adults, and families. We remain steadfast in our mission to empower disabled people, improve quality of life, and promote inclusion.
This report summarises the performance of each of our services, highlighting both achievements and the areas where external challenges affected delivery.
## **SERVICE REPORTS**
## _ADAPT & LIVE_
The rebranded Adapt & Live service (formerly Enablement and Disabled Living Training) began to take shape in 2024–25. However, demand for training fell sharply due to NHS and local authority budget restrictions. Nationally, training budgets are among the first to be cut, with long-term consequences for patient care and safety. This translated into a £78,000 shortfall in projected training income, alongside an additional £38,000 cost arising from the need to use external trainers.
Despite these challenges, Adapt & Live delivered 109 courses, supporting the professional development of 606 people. This included 53 in-house courses, 30 with Manchester City Council, and 26 bespoke external sessions. The helpline also remained an important source of support, though income from assessments and access audits was £20,000 below projection.
## _KIDZ TO ADULTZ_
Our Kidz to Adultz events continued to provide families, carers, and professionals with much-needed access to information, equipment, and services. Three major events – in Manchester, Coventry, and Farnborough – attracted over 9,200 registered visitors, including 7,000 returnees, and hosted 307 exhibitors.
Innovations included the introduction of the Inclusitech Zone, showcasing accessible gaming and technology, and the Connection Hub, delivered in partnership with Contact, offering visitors a safe space to connect and share experiences.
5
## **DISABLED LIVING For the year ended 31 March 2025**
## **Report of the Trustees**
However, financial challenges mirrored those across the sector. Rising costs, exhibitor uncertainty, and competition from other events reduced income by £29,000 across the year. Looking forward, we are responding to feedback by returning our North event to Liverpool ACC, and early indications show strong exhibitor and visitor interest.
## _REDBANK HOUSE_
Redbank House, our community hub, experienced a decline in room hire, largely due to reductions in training budgets from external providers. This led to a £31,000 income deficit.
Nevertheless, Redbank House remained a valued space for the community, particularly through its sensory room services, which support children and adults for whom other activities are often inaccessible, including through our ongoing partnership with Manchester City Council as part of their Local Offer. To meet this demand, we expanded provision by converting an additional room into a semi-permanent sensory space, increasing capacity for sensory clients by one-third. Redbank House welcomed a total of 11,000 visitors over the year, including 2,500 sensory clients.
## _BLADDER & BOWEL UK_
Bladder & Bowel UK continued to deliver essential information, guidance, and consultancy, despite financial pressures. Reduced income from consultancy, marketing packages, and advertising (£78,000 combined shortfall) reflected broader cost-cutting by companies in uncertain times.
Nonetheless, the team provided high-quality advice and support to individuals and professionals, receiving 10,500 enquiries, and ensuring that people living with bladder and bowel conditions continue to access trusted guidance. The team produced two very successful educational events for bladder and bowel healthcare professionals, which saw a range of experts in their field deliver sessions to over 300 nurses, physiotherapists and others. Over 1,200 individuals participated in our 11 online educational Lunchtime Learning sessions throughout the year, contributing to our goal to provide quality information to people, wherever they are.
## _HILIGHT SOLUTIONS CIC_
Hilight, our innovative digital assessment tool developed with £400,000 of UKRI funding, progressed to the market development stage during 2023–24.
Although no sales were achieved this year, we prepared two customer models – single-use credits for assessments, and bespoke integration within organisations’ systems. Significant investment in legal, marketing, and development (£125,000) ensured that Hilight is market-ready, positioning us for future adoption.
6
## **DISABLED LIVING For the year ended 31 March 2025**
## **Report of the Trustees**
## **LOOKING FORWARD**
While the financial performance of 2024–25 reflects the difficult external environment, Disabled Living has responded with agility and determination. Steps already underway include:
- **Restructuring our training model** to make it more sustainable and less reliant on external trainers.
- **Strengthening partnerships** with local authorities, NHS trusts, and community organisations.
- **Expanding sponsorship opportunities** for Kidz to Adultz, particularly for innovative zones like Inclusitech.
- **Maximising use of Redbank House** , with an increased focus on strategic and long-term room hire.
- **Making strategic spending decisions** across all services to ensure funds are spent to the maximum benefit and long-term sustainability of services
Above all, we remain committed to our service users. Disabled Living has been a trusted source of support for over 120 years, and with careful stewardship we will continue to deliver for future generations.
## **THANKS**
On behalf of the Trustees, I would like to thank all of our staff, partners, and supporters for their tireless commitment in a year of challenge. Your passion and dedication ensure that Disabled Living continues to make a real difference in people’s lives.
7
## **DISABLED LIVING For the year ended 31 March 2025**
## **Report of the Trustees**
## **Financial Review**
## **Results for the Year**
Total income for the year was £1,155,498 which is a reduction of £624,626 from the previous year. The difference includes a reduction in Hilight grants of £374.771.
The income from normal activities reduced by £39,247 from charitable activities and £193,064 from commercial trading operations of which £115,780 related to Kidz Wales and West which only takes place every 2 years.
Total costs for the year were £1,528,765. Of this £125,273 related to costs incurred on the Hilight project. Total expenditure has decreased by £166,049 mainly due to reduced expenditure on the Hilight project and Kidz Wales and West.
The accounts for the year show a deficit of £373,267 compared to a surplus of £85,310 in the previous year.
The Balance sheet shows reserves of £1,388,690. This includes the property which is shown at a historic cost of £880,000 and not at a current valuation. The bank balance on 31 March 2025 was £604,269
The Balance Sheet of the Charity remain strong with cash reserves over to £600K.
Income can be analysed as follows:
Kidz Events 49% Training 17% Bladder & Bowel UK 15% Redbank House 10% Legacies 5% Fundraising/ Donations/ Grants 1% Management 3%
8
## **Disabled Living For the year ended 31 March 2025**
## **Report of the Trustees**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees (who are also the directors of Disabled Living for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and its subsidiary and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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 statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS**
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **SMALL COMPANY PROVISIONS**
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
## **APPROVAL**
This report was approved by the board of directors and trustees on 16 October 2025 and signed on its behalf.
## Paula Brown
Paula Brown (Oct 16, 2025 16:37:01 GMT+1)
## **Mrs P Brown**
## **Chair**
9
## **Disabled Living**
## **Independent Auditor's Report to the Members and Trustees of Disabled Living**
We have audited the group and the parent charity group financial statements of Disabled Living (the ‘charity’) for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the consolidated and charity statement of financial position, the consolidated and charity statement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
• give a true and fair view of the state of the group’s and of the charitable company’s affairs as at 31 March 2025 and of the group’s incoming resources and application of resources profit] for the year then ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and
• have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relation to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees (who are also the directors of the group and parent charitable company for the purposes of company law) are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
10
## **Disabled Living**
## **Independent Auditor's Report to the Members and Trustees of Disabled Living**
In connection with our audit of the financial statements our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Opinion on other matter prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
•the information given in the trustees’ report, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
•the trustees’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:
•adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or
- •the parent charitable company financial statements are not in agreement with the accounting records and returns; or
- •certain disclosures of trustees’ remuneration specified by law are not made; or
- •we have not received all the information and explanations we require for our audit.
•the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the trustees’ report.
## **Responsibilities of trustees**
As explained more fully in the Trustees’ Responsibilities Statement set out on page 9, the trustees (who are also the directors of the group and parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
11
## **Disabled Living**
## **Independent Auditor's Report to the Members and Trustees of Disabled Living**
## **Auditor’s responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:
## **The extent to which the audit was considered capable of detecting irregularities including fraud**
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identifying and addressing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, our procedures included the following:
•We obtained an understanding of laws, regulations and guidance that affect the Charitable Company, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. Key laws, regulations and guidance that we identified included the Companies Act 2006, tax legislation, health and safety legislation, and employment legislation.
•We enquired of the Trustees and reviewed correspondence and Trustee meeting minutes for evidence of noncompliance with relevant laws and regulations. We also reviewed controls the Trustees have in place, where necessary, to ensure compliance.
•We gained an understanding of the controls that the Trustees have in place to prevent and detect fraud. We enquired of the Trustees about any incidences of fraud that had taken place during the accounting period.
•The risk of fraud and non-compliance with laws and regulations was discussed within the audit team and tests were planned and performed to address these risks.
•We reviewed financial statements disclosures and supporting documentation to assess compliance with relevant laws and regulations discussed above.
•We enquired of the Trustees about actual and potential litigation and claims.
•We performed analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.
•In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.
12
## **Disabled Living**
## **Independent Auditor's Report to the Members and Trustees of Disabled Living**
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body for our audit work, for this report, or for the opinions we have formed.
## Thomas James Smart
Thomas James Smart (Oct 17, 2025 14:00:50 GMT+1)
Thomas James Smart Senior Statutory Auditor
For and on behalf of Harold Sharp Limited Statutory Auditor 5 Brooklands Place Sale Manchester M33 3SD
> Date: 17/10/2025
13
## **Disabled Living**
## **Consolidated Statement of Financial Activities (Incorporating a Consolidated Income and Expenditure Account) For the year ended 31 March 2025**
|**Income and endowments**
**Notes**
_Income_
_and_
_endowments_
_from_
_generated funds:_
_Donations and legacies:_
**4**
Donations and gifts
Legacies
Annual appeal
Grants
_Other trading activities:_
Commercial trading operations
Rental income
_Investment income and interest_
_Charitable activities:_
Services to people with disabilities
**5**
**6**
**7**
**Total income and endowments**
**Expenditure**
_Cost of generating funds:_
Raising funds
Charitable activities
Governance costs
**8**
**8**
**8**
**Total expenditure**
**Net income/(expenditure) and net**
**movement in funds**
**Net movement in funds**
**Reconciliation of funds**
Fund balances brought forward
Fund balances carried forward
**19**|**Unrestricted**
**Funds**
**£**
8,153
67,190
4,385
-
769,814
26,500
8
279,448
1,155,498
88,325
1,393,752
46,688
1,528,765
(373,267)
(373,267)
1,761,957
1,388,690|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2025**
**£**
8,153
67,190
4,385
-
769,814
26,500
8
279,448
1,155,498
88,325
1,393,752
46,688
1,528,765
-373,267
-373,267
1,761,957
1,388,690|**Total**
**2024**
**£**
3,610
31,000
5,952
374,771
962,878
22,993
7,906
371,095|
|---|---|---|---|---|
|||||1,780,124|
|||||107,212
1,535,742
51,860|
|||||1,694,814|
|||||85,310|
|||||85,310|
|||||1,676,647|
|||||1,761,957|
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included in the above. The notes on pages 18 to 29 form part of these accounts.
14
## **Disabled Living**
## **Consolidated Balance Sheet as at 31 March 2025**
|**Notes**
**FIXED ASSETS**
Investments
**11**
Tangible assets
**12**
**CURRENT ASSETS**
Debtors
**13**
Short term investments
Cash at bank and in hand
**CREDITORS:**
**Amounts falling due within one year**
**14**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS:**
**Amounts falling due after one year**
**15**
**NET ASSETS**
**Income funds**
Restricted funds
**17**
**Unrestricted funds:**
Revaluation reserve
Other charitable funds
**18**|**2025**
**£**
-
1,035,727
1,035,727
345,677
173
604,096
949,946
(573,650)
376,296
1,412,023
(23,333)
1,388,690
-
528,969
859,721
1,388,690|**2024**
**£**
-
1,082,743|
|---|---|---|
|||1,082,743
393,479
164
802,442|
|||1,196,085
(453,538)|
|||742,547|
|||1,825,290
(63,333)|
|||1,761,957|
|||-
528,969
1,232,988|
|||1,761,957|
These financial statements have been audited under the requirements of Section 144 of the Charities Act 2011.
The financial statements have been prepared in accordance with the Companies Act 2006 and with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102)
The financial statements were approved by the Board of Trustees on 16 October 2025 and were signed on its behalf by:
**……………………**
**K Yeung OBE, DL, President**
## Paula Brown
Paula Brown (Oct 16, 2025 16:37:01 GMT+1)
**……………………….**
**P Brown, Chairman**
Ged Cosgrove (Oct 16, 2025 22:46:36 GMT+1)
**…………………….**
**G Cosgrove, Honorary Treasurer**
The notes on pages 22 to 33 form part of these accounts.
15
## **Disabled Living**
## **Charity Balance Sheet as at 31 March 2025**
|**Notes**
**FIXED ASSETS**
Investments
**11**
Tangible assets
**12**
**CURRENT ASSETS**
Debtors
**13**
Short term investments
Cash at bank and in hand
**CREDITORS: Amounts Falling due within one year**
**14**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**Income funds**
Restricted funds
**17**
**Unrestricted funds:**
Revaluation reserve
Other charitable funds
**18**|**2025**
**£**
100
1,035,727
1,035,827
412,862
173
48,123
461,158
(108,528)
352,630
1,388,457
1,388,457
-
528,969
859,488
1,388,457|**2024**
**£**
100
1,082,743|
|---|---|---|
|||1,082,843
547,484
165
215,896|
|||763,545
(84,665)|
|||678,880|
|||1,761,723|
|||1,761,723|
|||-
528,969
1,232,754|
|||1,761,723|
These financial statements have been audited under the requirements of Section 144 of the Charities Act 2011.
The financial statements have been prepared in accordance with the Companies Act 2006 and with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102)
The financial statements were approved by the Board of Trustees on 16 October 2025 and were signed on its behalf by:
**……………………**
**K Yeung OBE, DL, President**
## Paula Brown
Paula Brown (Oct 16, 2025 16:37:01 GMT+1)
**……………………….**
**P Brown, Chairman**
Ged Cosgrove (Oct 16, 2025 22:46:36 GMT+1)
**…………………….**
## **G Cosgrove, Honorary Treasurer**
The notes on pages 22 to 33 form part of these accounts.
16
## **Disabled Living Statement of Cash Flows and Consolidated Statement of Cash Flows For the year ending 31 March 2025**
|**Notes**
**Cash used in operating activities**
**22**
**Cash flows from investing activities**
Interest Income
Purchase of tangible fixed assets
**Cash provided by (used in) investing**
**activities**
**Cash flows from financing activities**
Repayment of borrowing
**Cash used in financing activities**
Increase (decrease) in cash and cash
equivalents in the year
Cash and cash equivalents at the
beginning of the year.
**Total cash and cash equivalents at the**
**end of the year**|
**Group**
**2025**
**£**
(158,354)
8
-
8
(40,000)
(40,000)
(198,346)
802,442
604,096|**Group**
**2024**
**£**
270,181
7,906
(3,239)
4,667
(40,000)
(40,000)
234,848
567,594
802,442|**Charity**
**2025**
**£**
(167,781)
8
-
8
-
-
(167,773)
215,896
48,123|**Charity**
**2024**
**£**|
|---|---|---|---|---|
|||||107,419|
|||||8
(3,239)|
|||||(3,231)|
|||||-|
|||||-|
||||||
|||||104,188|
|||||111,708
215,896|
The notes on pages 22 to 33 form part of these accounts.
17
## **Disabled Living**
## **Notes to the accounts for the year ended 31 March 2025**
## **1 ACCOUNTING POLICIES**
## **1.1 Basis of preparation of accounts**
The financial statements have been prepared in accordance with 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 January 2019 – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Disabled Living meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) and with the exception of investments which are included at market value.
## **1.2 Going concern**
The accounts have been drawn up on a going concern basis. In common with many fund-raising charities, the adoption of the going concern basis is dependent on the company receiving adequate fundraising from voluntary income such as donations and legacies. While the Trustees recognise the uncertainties inherent in predicting the timing and level of future funding from voluntary income that is not yet assured, they believe that adequate funding will be secured from donations and legacies. Credit facilities remain in place and we continue to receive the full support of the bank. The Trustees believe it is appropriate to prepare the accounts of the company on a going concern basis. The accounts do not include any adjustments that would result if the going concern basis was not appropriate. Although levels of trade within the trading subsidiary have reduced due to the impact of covid-19, the trustees are of the opinion that activity will return to pre-pandemic levels.
## **1.3 Basis of consolidation**
The consolidated accounts incorporate the results of Disabled Living ('the charity') and its subsidiary undertaking on a line by line basis. The consolidated entity is referred to as 'the Group'. No separate company Statement of Financial Activities (SOFA) has been prepared for the Charity as permitted by section 408 of the Companies Act 2006 and paragraph 397 of the SORP.
## **1.4 Income and endowments**
## **Donations and gifts**
## _**Legacies**_
Legacies are recognised in the period in which the charity becomes legally entitled to the income, notification has been received and the amount can be quantified with reasonable accuracy. It is categorised as unrestricted or restricted funds dependent upon whether expenditure restrictions by donors are placed on such receipts. Donated investments are introduced at the market value at the date of receipt.
## **Direct giving, fundraising and appeals**
Cash donations are recognised as they are received.
## _**Grants**_
Grants are recognised when there is evidence of entitlement, the receipt is probable and the amount can be measured reliably.
## **Other trading activities**
## _**Rental Income**_
Rental income is recognised when receivable.
## _**Investment income**_
Investment income is recognised on a cash received basis with any taxation recoverable thereon recognised on a receivable basis.
18
## **Disabled Living**
## **Notes to the accounts for the year ended 31 March 2025**
## _**Room hire**_
Room hire income is recognised in the period when the hire occurs.
## **Charitable activities**
## _**Events and training**_
Income relating to the events and training services is recognised in the period to which the event or training service occurs, this policy results in accrued and deferred income.
These policies result in deferred and accrued income which is stated net of value added tax.
## **1.5 Pension Costs**
The company operates a defined contributions scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
## **1.6 Tangible fixed assets - depreciation and grants**
Depreciation is provided on all tangible fixed assets for Charity use, other than freehold land, at rates calculated to write off the cost or valuation of each asset evenly over its expected useful life as follows: Freehold buildings - 50 years
Fixtures, fittings and equipment - 5, 10 and 25 years
## **1.7 Investments**
Endowment investments are shown at market value at the balance sheet date. Investments in subsidiaries are stated at cost.
The SOFA includes unrealised gains and losses from the revaluation of investments.
## **1.8 Creditors and Provisions**
Creditor’s and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
## **1.9 Taxation**
The charity is exempt from corporation tax on its charitable activities under Section 505 of the Income and Corporation Taxes Act 1988 to the extent that they are applied to the organisation's charitable objects. The trading subsidiary does not generally pay UK corporation tax because their policy is to pay taxable profits as Gift Aid to the Charity.
## **1.10 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 objectives 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.
19
## **Disabled Living**
## **Notes to the Accounts for the year ended 31 March 2025**
## **1.11 Expenditure**
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.
## _**Raising funds**_
These include salaries and directly attributable overheads, plus a proportion of central support costs.
## _**Charitable activities**_
These include salaries and direct costs associated with generating income for the group, also items such as depreciation and property repairs.
## _**Governance costs**_
These are the central running costs of the Charity, including strategic oversight and public accountability.
## **1.12 Financial instruments**
The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **1.13 Judgement and keys sources of estimation uncertainty**
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
In the trustees’ opinion, there are no significant accounting estimates and assumptions other than the accrued legacy income.
20
## **Disabled Living**
## **Notes to the Accounts for the year ended 31 March 2025**
## **2 FINANCIAL PERFORMANCE OF THE CHARITY**
The consolidated statement of financial activities includes the results of the charity's wholly owned subsidiary, Disabled Living (Training and Exhibitions) Limited.
The summary financial performance of the charity alone is:
|Income and endowments
Gift aid from subsidiary company
Raising Funds
Expenditure on charitable activities
Governance costs
**Net income/(expenditure)**
Total funds brought forward
**Total funds carried forward**
**Represented by:**
Restricted funds
Unrestricted funds|**2025**
**Total**
**£**
377,178
153,606
530,784
(81,156)
(784,968)
(37,926)
**(373,266)**
1,761,723
1,388,457
-
1,388,457
1,388,457|**2024**
**Total**
**£**
809,347
239,393|
|---|---|---|
|||1,048,740|
|||(96,132)
(932,183)
(42,422)|
|||**(21,997)**
1,783,720
1,761,723
-
1,761,723
1,761,723|
21
## **Disabled Living**
## **Notes to the Accounts for the year ended 31 March 2025**
## **3 INCOMING RESOURCES FROM ACTIVITIES GENERATING FUNDS**
The wholly owned trading subsidiary Disabled Living (Trainings and Exhibitions) Limited is incorporated in the United Kingdom (company number: 07079318) and pays the majority of its profits to the charity by gift aid.
The charity owns the entire share capital of 100 ordinary shares of £1 each. A summary of the trading results is shown below. The subsidiary provides training courses and holds exhibitions.
The summary financial performance of the subsidiary alone is:
|Turnover
Cost of sales and administration costs
Interest receivable
Corporation tax charge
Net profit
Amount gift aided to the charity
Retained in subsidiary
The assets and liabilities of the subsidiary were:
Current assets
Current and long term liabilities
Total net assets
Aggregate share capital and reserves|**2025**
**Total**
**£**
778,319
(624,713)
-
-
153,606
(153,606)
-
763,573
(763,240)
333
333|**2024**
**Total**
**£**
962,878
(623,884)
7,898
-|
|---|---|---|
|||346,893
(239,393)|
|||107,500|
|||848,345
(848,012)|
|||333|
|||333|
The charity’s wholly owned subsidiary, Disabled Living (Training and Exhibitions) Limited commenced trading on 1 April 2010.
22
## **Disabled Living**
## **Notes to the Accounts for the year ended 31 March 2025**
|**4**
**DONATIONS AND LEGACIES**
Gifts and donations
Legacies
Annual appeal
Grants
**5**
**OTHER TRADING ACTIVITIES**
Commercial trading operation
Rental Income
**6**
**INVESTMENT INCOME**
Deposit interest
**7**
**CHARITABLE ACTIVITIES**
Disabled Living Centre|**Unrestricted**
**Funds**
**£**
8,153
67,190
4,385
-
79,728
**Unrestricted**
**Funds**
**£**
769,814
26,500
796,314
**Unrestricted**
**Funds**
**£**
8
8
**Unrestricted**
**Funds**
**£**
279,448
279,448|**Restricted**
**Funds**
**£**
-
-
-
-
**Restricted**
**Funds**
**£**
-
-
-
**Restricted**
**Funds**
**£**
-
-
**Restricted**
**Funds**
**£**
-
-|**Total**
**2025**
**£**
8,153
67,190
4,385
-
79,728
**Total**
**2025**
**£**
769,814
26,500
796,314
**Total**
**2025**
**£**
8
8
**Total**
**2025**
**£**
279,448
279,448|**Total**
**2024**
**£**
3,528
31,000
5,952
374,771|
|---|---|---|---|---|
|||||415,251|
|||||**Total**
**2024**
**£**
962,878
22,993|
|||||985,872|
|||||**Total**
**2024**
**£**
7,906|
|||||7,906|
|||||**Total**
**2024**
**£**
371,095|
|||||371,095|
23
## **Disabled Living**
## **Notes to the Accounts**
## **for the year ended 31 March 2025**
|**8**
**EXPENSE TYPE**
**Allocation**
Salaries & associated cost
Utilities & other building
costs
Phone & Fax
Post & Stationery
Sundry
Travel
Volunteer & appeal costs
Income generating
activities
Audit Fees
Bank charges and interest
Legal & Professional
Advertising
Repairs
Depreciation
Percentage
Percentage
Percentage
Percentage
Percentage
Percentage
Direct
Percentage
Direct
Percentage
Percentage
Percentage
Percentage
Percentage|**Raising**
**Funds**
**£**
**Charitable**
**Activities**
**£**
**Governance**
**Costs**
**£**
**2025**
**£**
**2024**
**£**
12,212
2,772
40
157
-
225
875
14,069
-
283
1,485
53
514
1,411
777,491
81,322
1,181
4,605
-
6,603
-
412,680
-
8,311
43,553
1,565
15,067
41,374
24,424
8,317
121
471
-
675
-
42,206
13,467
850
4,454
160
1,541
4,231
814,127
92,411
1,342
5,233
-
7,503
875
468,955
13,467
9,444
49,492
1,778
17,122
47,016
748,419
95,970
2,501
5,067
-
5,624
794
692,217
12,645
13,653
37,689
2,552
20,613
57,072|
|---|---|
||34,096
1,393,752
100,917
1,528,765
1,694,814|
The allocation for overheads and utilities is as follows:
|Raising funds|3%|
|---|---|
|Charitable activities|88%|
|Governance|9%|
Service department Salaries and PAYE are made up of their own direct costs, as well as the following allocation of management and administration salaries:
||**Management and**|
|---|---|
||**administration salaries**|
|Raising funds|1.5%|
|Charitable activities|95.5%|
|Governance|3%|
## **9 SURPLUS FOR THE YEAR**
The surplus/(deficit) of income over expenditure is stated after charging:
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Depreciation of tangible fixed assets|||
|- owned by charity|47,016|57,072|
|Audit fees|13,467|12,645|
|Non audit services|-|-|
24
## **Disabled Living**
## **Notes to the Accounts**
## **for the year ended 31 March 2025**
## **10 STAFF COSTS**
No remuneration was paid to trustees in the year, nor were any expenses reimbursed to them. The costs of the remaining staff were:
|Wages and salaries
Social security costs
Other pension costs|**2025**
**£**
719,534
72,586
22,007
814,127|**2024**
**£**
661,985
66,082
20,352|
|---|---|---|
|||748,419|
The average weekly number of staff employed, calculated as full time equivalents during the year were as follows:-
|Administration
Disabled Living centre|**2025**
No.
20
4
24|**2024**
No.
15
5|
|---|---|---|
|||20|
There was one employee during the year who received remuneration within the £70,000 to £79,999 band (2024: NIL), no employees received remuneration within the £60,000 to £69,999 band (2024: 1). No other employees received remuneration of more than £60,000 (2024: NIL).
The number of employees to whom retirement benefits were accruing was 24 (2024: 20)
The key management personnel of the group comprise those of the charity, being the trustees, the chief executive officer and managers. The total employee benefits of the key management personnel of the group were £224,529 (2024: £212,203).
## **11 FIXED ASSET INVESTMENTS**
||**Group**|**Group**|**Charity**|**Charity**|
|---|---|---|---|---|
||**2025**|**2024**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|Shares in Group undertakings|-|-|100|100|
|Market value at 31 March|-|-|100|100|
## **Subsidiary**
The charitable company’s investment at the balance sheet date in the share capital of limited companies included the following:
Disabled Living (Training and Exhibitions) Limited **100% Holding**
|Aggregate capital and reserves
Profit/(Loss) for the year before tax|**2025**
**£**
333
153,606
**2024**
**£**
333
346,893|
|---|---|
Disabled Living (Training and Exhibitions) Limited has 100 shares with a nominal value of £1 each.
25
## **Disabled Living**
## **Notes to the Accounts**
## **for the year ended 31 March 2025**
## **12 TANGIBLE FIXED ASSETS**
|**Group and Charity**
**COST**
At 1 April 2024
Additions
**At 31 March 2025**
**DEPRECIATION**
At 1 April 2024
Charge for year
**At 31 March 2025**
**NET BOOK VALUE**
**At 31 March 2025**
**At 31 March 2024**|**Freehold**
**land and**
**buildings**
**£**
880,000
-
-
136,800
15,200
152,000
728,000
743,200|**Fixtures,**
**fittings, and**
**equipment**
**£**
967,717
-
628,174
31,816
659,990
307,727
339,543|**Total**
**£**
1,847,717|
|---|---|---|---|
||||-|
||||764,974
47,016|
||||811,990|
||||1,035,727|
||||1,082,743|
On transition to FRS 102, the Trustees elected to adopt the fair value of the freehold land and buildings as deemed cost. The freehold land and buildings have been accounted for on a historic cost basis since this date.
26
## **DISABLED LIVING**
## **Notes to the Accounts for the year ended 31 March 2025**
|**13**
**Debtors**
Trade debtors
Prepayments and accrued income
Other debtors
Amount due from subsidiary
undertaking
**14**
**Creditors – amounts falling**
**Due within one year**
Trade creditors
Other creditors, accruals and
deferred income
Loans
Other taxes and social security costs
**15**
**Creditors – amounts falling**
**Due after one year**
Loans|**Group**
**2025**
**£**
140,464
205,213
-
-
345,677
**Group**
**2025**
**£**
155,010
295,104
40,000
83,536
573,650
**Group**
**2025**
**£**
23,333
23,333|**Group**
**2024**
**£**
266,655
124,792
2,032
-
393,479
**Group**
**2024**
**£**
34,918
302,364
40,000
76,256
453,538
**Group**
**2024**
**£**
63,333
63,333|**Charity**
**2025**
**£**
84,089
53,988
-
274,785
412,862
**Charity**
**2025**
**£**
22,236
50,124
-
36,168
108,528
**Charity**
**2025**
**£**
-
-|**Charity**
**2024**
**£**
81,907
47,741
2,031
415,805|
|---|---|---|---|---|
|||||547,484|
|||||**Charity**
**2024**
**£**
11,155
42,440
-
31,070|
|||||84,665|
|||||**Charity**
**2024**
**£**
-|
|||||-|
The above loan was taken out in October 2020 in relation to the Coronavirus Business Interruption Scheme and is repayable in monthly instalments starting in November 2021. For the first 12 months from the date on which the loan is drawn the annual interest rate is in effect 0%. After this period the loan is subject to interest rates at 2.81% over the base rate.
## **16 DEFERRED INCOME**
Deferred income comprises advanced sales for training events which are held post year end or office rent invoiced in advance.
|Balance as at 1 April 2024
Amount released to income earned from charitable activities
Amount deferred in year
Balance as at 31 March 2025|**Group**
**£**
207,090
(207,090)
225,050
225,050|**Charity**
**£**
-
-
-|
|---|---|---|
|||-|
27
## **DISABLED LIVING**
## **Notes to the Accounts for the year ended 31 March 2025**
|**17**
**RESTRICTED FUNDS**
**Group and Charity**
At 1 April 2024
Incoming resources
Resources expended
At 31 March 2025|**RTAT**
**Project**
**£**
-
-
-
-||**Total**
**2025**
**£**
-
-
-
-|**Total**
**2024**
**£**
25,350
374,771
(400,121)|
|---|---|---|---|---|
|||||-|
RTAT – UKRI Small Business research Initiative contract for Real-time Assessment Tool
## **18 UNRESTRICTED FUNDS – OTHER CHARITABLE FUNDS**
|**Group**
At 1 April 2024
Net incoming resources for the year
Transfer from revaluation reserves
At 31 March 2025
**Charity**
At 1 April 2024
Net incoming resources for the year
At 31 March 2025
**19**
**ANALYSIS OF NET ASSETS**
**Restricted**
**funds**
**£**
Tangible fixed assets
-
Investments
-
Current assets
-
Current and long term liabilities
-
**Net assets at 31 March**
-|**General**
**funds**
**2025**
**£**
**£**
1,232,988
1,232,988
(373,267)
(373,267)
-
859,721
859,720
**General**
**funds**
**2025**
**£**
**£**
1,232,754
1,232,754
(373,266)
(373,265)
859,488
859,488
**Endowment**
**funds**
**Unrestricted**
**funds**
**Total**
**funds**
**£**
**£**
**£**
-
1,035,727
1,035,727
-
-
-
-
949,946
949,946
-
(596,984)
(596,984)
-
1,388,690
1,388,690|**General**
**funds**
**2025**
**£**
**£**
1,232,988
1,232,988
(373,267)
(373,267)
-
859,721
859,720
**General**
**funds**
**2025**
**£**
**£**
1,232,754
1,232,754
(373,266)
(373,265)
859,488
859,488
**Endowment**
**funds**
**Unrestricted**
**funds**
**Total**
**funds**
**£**
**£**
**£**
-
1,035,727
1,035,727
-
-
-
-
949,946
949,946
-
(596,984)
(596,984)
-
1,388,690
1,388,690||**2024**
**£**
1,122,328
110,660
-
1,232,988
**2024**
**£**
1,229,401
3,353
1,232,754
**2024**
**£**
1,082,743
-
1,196,085
(516,872)|
|---|---|---|---|---|
||||||
||||||
||||||
|||1,388,690||1,761,957|
28
## **DISABLED LIVING**
## **Notes to the Accounts**
## **for the year ended 31 March 2025**
## **20 COMPANY LIMITED BY GUARANTEE**
The charity is incorporated by a company limited by guarantee and members’ liability is limited to £1 each which has not been called up at 31 March 2025.
## **21 RELATED PARTY TRANSACTIONS**
Fees amounting to £16,988 (2024: £23,700) were paid to Champion Accountants during the year for professional services. Ged Cosgrove is a director of Champion Accountants.
## **22 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|Net movements in funds
Add back depreciation charge
Add/deduct interest income shown in
investing activities
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash used in operating activities**
**23**
**RECONCILIATION OF NET DEBT**
Cash at bank
Loans due within one year
Loans due greater than one year|**Group**
**2025**
**£**
(373,267)
47,016
(8)
47,801
120,113
**(158,354)**
**At 1st April**
**2024**
**£**
802,442
(40,000)
(63,333)
**699,109**|**Group**
**2024**
**£**
85,310
57,072
(7,906)
136,317
(612)
**270,181 **
**Cash**
**Flows**
**£**
(198,346)
-
40,000
**(158,346)**|**Charity**
**2025**
**£**
(373,265)
47,016
(8)
134,622
23,854
**(167,781)**
**At 31st March**
**2025**
**£**
604,096
(40,000)
(23,333)
**540,763**|**Charity**
**2024**
**£**
(21,997)
57,072
(8)
86,897
(14,545)|
|---|---|---|---|---|
|||||**107,419**|
||||||
29