COMPANY REGISTRATION NUMBER: 1971731 CHARITh REGISTRATION NUMBER.. 293417 Hartcliffe & Withywood Ventures Company Limited by Guarantee Flnanclal Statements 31 July 2025 CHARLTON BAKER BRISTOL LTD Chartered Accountants & statutory auditor 61 Macrae Road, Ham Green, Bristol BS20 ODD
Hartcliffe & Withywood Ventures Company Llmlted by Guarantse Financial Slatemonts Year ended 31 July 2025 Paga Trustees, annual report (Incorpor8ting the directors, report) Indep8ndent auditorfs report to the rnembors Statement of financlal activities (induding income and expenditu account) Statement of financial position stst8ment of cash flows 14 15 16 Notes to the financlal statements 17
Hartcliffe & Withywood Ventures Company Llmlled by Guarantee Trustses. Annual Report Ilncorporatlng the Dlre¢tors' Report} Year ended 31 July 2025 Page 1 Th& dlr8ctors. who are a150 the dkectors for the purposes of (ompanylgw, prosent thglr rowt and th8 financial stat8mants of ihe charity for the ygar ?jed 31 July 2025. Refer•nc8 and aqlmlnlstratlv• d•talls Ragistered charlty nan Hartcliffe & Ventyres Charlty rnglstratlon number 293417 Company reglstration nurnr 1971731 Prln¢lpal tsffi and rOter1d The Gatèhouse Centr& offlc• Haroclfve Road Hartcliffe Bri8101 BS13 9JN The dlrectors H Holland T Anstey D Portingale A Retter J Walts Cway (Respwed 20 January 20261 Cowny B•cr•tary J Thomas Audltor Charfton B8k8r18ristoll Ltd Charterod Accountants & statutory auditor 61 Mauae Road, Harn Green. Bristol BS20 ODD Bankèrs Barcloy$ Bank PIC PO Box 324 Park House NbriCk Road Stoke Gifford Bristol BS34 8ZJ Stratwe dlrect¢xs Amanda 8r•ww & Mundy
Hartcliffe & Withywood Ventures Company Llmlted by Guarantee Trustses. Annual Report (In¢orporatlng the Dlrectors. Report) {¢OnlthurfdJ Year ended 31 July 2025 Page 2 Struclure. govomanc• and managemont Hartclffe and Wilhyrfrfood Ventures is a Charfty règislgred under a schemo with the Charity Commission, governed by the Charfllos Ad 2011. and 1$ Incorporated as a company limitéd by guarnntea. The ry)nstitutlonal documents ar8 tf* memorandurn and artid$$ of assoclation. The Trustees of the Charity 8180 Dliedors of the Comparty. They are drawn mainly frorn users of our seNic8s 8nd local pwpl• in business, p)Iltks and lik8m11ed agen¢i8s. R&8klents livlng in the area of bonofrt are partlculgrty welcom8d. We monttor the make-up olthe Bogrd in lerms of agg, elhnlclty, gender and disability and lake action wh•re thorg are gaps. The full Board of Trust88s meets at least slx times 8 year. There clear and agr•ed delegation of the day to day running of the organk5atbn with SenK)r Managers also attending Board énd 8ubweommfttee meen0$. The Trusta89 ¢onfifm that they have reférred ts the guidanca contained in Ihe Charity Cornmission s general guidance on publ1¢ bengfit whgn r8vbwlng Ihe Trusts aims and objectives 8nd in seth'ng the grant making pollcy for the year. There is clear publlc benefit as thg charity ass15tS F¢oplo In a dis8dvanla9ed area ol Bristol to gain and develop $kill¥. qualifKalk)ns and gmploymonL Rl•k rnanagom•nt Risk assessmènt is caffled out annually as part of the bUsisS pknnlng and $8lf a$8e58ment processes. ActKJn8 are identified to mitigate risks Wh pos51ble.
Hartcliffe & Withywood Ventures Company Llmfted by Guarantee Trustees. Annual Report {In¢orporatlng the Dlrectors. Report) (witthu•d) Ygar ended 31 July 2025 Page 3 obj91Ve$ and a¢tlvRIos The Charable objocts for whl¢h the company Is esl8bli81d Bre ytat8d In the momorandum of association. The objects C£ntinue lo be to increase th8 thoices and oppcKtunitles avallabl¢ lo poople in the BS13 area of Brlstol so that they have a bettèr $tandard of lfving and hlgher qualNy of1S1&. The maln Object98 for the yearwgro.. To contUe tQ WOTk to reduce barrS lo accessing, rémainiry wogrossing in educath)n, arnlng and employmènt for ch51dran. young Feople and adts. To fijrther devekbp provision of leaming and quallftations in response to I1 ngeds. Wtth a ntInUed focus on th¢ gmotional health. well being and suprK)rt to Ioc41 peop. To further develop partnerships wth other local communlty based proJe¢ts and rnIng & edwation organl8ations. support agencies and businesses lo benefit tho bcal cimnmunity. To fulls1 ulillse 8PoGe both 81 the Gal8hou88 CeTrtre and sat8llte sito Thg LaThy lo erKourage organisations to locats locally and add valu8 to the services avollaw &) the locèl afea. To contlnue lo develop the Golehous8 Nursery capauty to offer 8paces to chlldren & tsmllles kn Ilne with Gov&mment extended hour5 offer. Our Str8t89ies for a¢hlewng Ihe8e objectNes wore as followE: ro contlnuo to work olhgT development agencies IWiv8ring events initiativas locally induélng voluntary sector network davelopmenl. To retsin our cxjntracts with tho City of 8t01 College lo provid8 qu8liflcalbns to adult leam9r8 and young leamers. adjusting our provision to mo8t needs and interests and engage new leamers in thalr learning and 8mploym8nt a$plraUons. Whil$1 at the same Img WOTklng to 8xpand our %Nl¢e opportunttles w¢ prowde utili5ing a wlder r•nge of funding str8ams. To buikl the capacity ol bcal people through voluntèar pLq¢emènts and work oxperien¢e OFvc¥bJnitsos. To retoln tho contract vthh BrL8tol Clty Council to deliver the Nurnery Edlan Grant for 2 and 3 yeai olds and prepare for Iho ¥xtgnded NurBery EducatKJn Grant offer w7th Increasgj quallfied lev81 and numb8r8 of staff employed. Look at opportunltle5 for n8w ways to work wllh and support local peop who IsolAt8d dlsengaged and in need of support. To matst and prornote officg. shop and bu5ine5s unlt spac8 81 ¢ompolTbvg rates.
Pago 4 Hartcliffe & Withywood Ventures Cornpany Llmlted by Guaranto8 Trustees. Annual Report (Incorporatlng the Direclors. Report) fctsnrf Year ended 31 Juty 2025 Achlevements and perlorman¢o We cDntlnue to deliver the Nursery EduBalion Grant provision with Bristr)I Clty COU[1 fundlng and private Nursery spa¢es. The Nursery has achieved full oceupancy again this year with over 100 ¢hildren on gIStr. Income In thls arsa gf Ouf work has incr¢a8ed significantly. We remaln g¢od rating with OFSTED, wè have secured 8ddib.onal funding to Work on a 1".1 ba51s th Several chihlren wTrth a(Iditional needs and •mployed staff io work diredy with th8se chrndren and reduc* staffiro ratios acr08S the nursery. At thls lime we have continuod to 8ul>¢onlroct tho mgjority of our trainn9 provIsh?n with t1 City Bristol Collgge. Wè have worked wld) a $ignificant number of young people 53 in thls y88r alone. w6th Bround 15% having a high lgvel of need and signifteant barriers to educalk¥) and employment. Wo have worked with 158 adutt leamers In year agaln with 8 signrncant numb8r neèding addition81 leaming 8p¢t to 8chlevo their goals. Exam performanee and qualific81ion ach18ment for the year h88 been good wThh Success rate$ 71.2Yo in youth and 78.5% In adults. We have a150 been re-awardod our Matrix standard quahty mark for the ygar. Our Comrnunty spaces have been well used Ihis year and room bwkings and space5 for bcal authorities, busin$$sgs and olheT agancies to r8nl has Increased significanlly. We 8Lg0 secured a longer term tenancy for our satellite slla lo¢alty with an organisation that provvjes atsrnalNe leamlng provlslon for 5-18 year olds from S¢pt 2025. Our Community Developmgnt Worker has conJnLted to buiha p8rtnerships with othgr 898nclès such as DWP, Famlly Hub, Job Centre. Brave & Bold, Caring in Biistol and Ways2Work contlnued InitiatNes such 89 (¥Jmmunity wnterwarmer ijrop In $OTvi¢e plus soft play provbslon. Our luttory nded charity shop has seen several voluntsgrs an(J learner placements with yourwJ P80p19 accessing vocational expwience and skills development. We hove 8lso been developin9 a new parln?r5hip with UnSv8r51ty o18rfslol who have 8P8o in the buildlng and are collaborating wtth us on an oifice for Students fund¢d project to engage local pgop in programm•s of hS9her edUcatn.
Hartcliffe & Withywood Ventures Company Llmtted by Guaranteé Tru$tees' Annual Report {Incorporatlng the Dlrectors. R•port) (¢Mlthu¢o) Year ended 31 July 2025 Page 5 Flnanclal review Our main sources of lunding are.. - Contracts lor dellvery of tr8iniyvJ & qualificallons, City of Brvatol Colbge. - Privats Nursery fo98 & the Nursory Educatron Gr8nl {NEGI ndl9 from BCC. - Rentsl In¢ome from lettlng Space at the Gatehouse and the LBmp. - Income from the ¢afé, room booking5 and buffets. - Partnarshlp projects wllh Unlversty of Brtstol aNJ 8CC These funds have supported the Charitable oble¢lSves throLpJh the employmènt of SLWho'. - Keep the premises doan, wel¢omlng and 11 maintalned. - Run the café as 8 'hub' for local peorAo lo coryJr8gate and oat180Cls•. Deliver advice and gu#lancè, training. support and a$6e&8mont to pgople wanung lo upgradg thglr skllls ar knowledge. oain qualfflcallons and work experien and ullmalely become employad. - Care for and gducale young chlldren whilst enabling thelr parenls to train or work. The Future The current economlc environmont and agenda is bringiThJ bth dri{leS and opportun1t1 to HWV. Our Nursery 6du¢81ion provision has Soen a large amount of growth Ihis y8ar and this is proje¢ted lo ¢onUnue over th8 next of yea. We will be looking 8t ways to expand the spacgs av8Nabl8. We have continued to provKIg the majorfty of our training rourses through sub-contract arrangemants with City of 8rbslol College. 24125 has seen the Introduction of some altemallve funding For trainin9 and this will continue into 25126 however changes al the end of 25126 tsAII 8ee our long-term provision for leamiro redue•d as we will not contlntsÉ as # $ub•contracior for Cty of Bristol Collega 8ft¢r this time. We arg planning lo look at new ¢raatlve and SponsI¥& ¥lratsgies to provide opportunlt6es to meet the devetopment needs of le1 people and find ways to enoag• thgm in rnfjanin9ful leamlng and employment opportunibes. Thg 25126 year Is seelng new lniUate8 such as the GovBmmenl Trail 8Lazer funding con lo our area of benefit. Wè hav8 collaborated with Bristol Crfy Coun1 on employability programmes for youn9 people and these will continue at the Gatehouse Cèntre in 2e127. We avg at the same tim8 dtrvoloping a new p4rtner8hip wtlh Unlverslty of 8rotol to engage local peopl8 In higher education programmes of Eè8mlng. Our bulldlng L8 full to capacAty with 8 wkle range of services and organi58t)ns. Yhth OLtr aim for futurg vislon belng developed as the Gatehouse Centre beo)mes 8 cerblral hub for léarnlng Èducatlon and support S8rviws for the bcal community.
Hartcliff8 & Withywood Ventures Company Limited by Guarantee Trustees. Annual Report (Incorporating tho Dlrnctors. Roport) (Colthj Year anded 31 July 2025 Page 8 Flnanclal roylew {¢onYnu R•s•rvK policy Th8 directors and trustses of tho eharlty have g$labl18 a poliGy erebY the tArget free res•r¥•s lunder normal conditions) should be four months, ancipated expenditure kn the fol1x9 financial year. We wn3ider that th8 wll ohe the charity sufficlent unrestrlctfjd fttnds to contirwje cutrent 8cl¢vities in the event of 4 significant Cl)n in funding and to ensure sufficlent fundln9 is availab tQ ¢8sM flow the training contracts and lo rospond to fjmergencies and opportunlU6s i.e. r4pairslmaint8nancg to lh8 bJildln9 or fundSn9 a bld whlch could bring further opportunities. The chèritls fre8 r8sèNeJ at tho gr of th8 financial year have bgon calculated at £1.055,139 compared wllh a target figure of£500,CN)O, iesufting in an excess of £555.139. In the current g¢onomlc environment Ihls oxcess is consklergd prudent In vlew of the incr$8{1 uncertainties ¢)v¢r fvlur8 incomè stre2n. However. this 11 be k8Pt undpr iegular review 8nd 11 be parly ullisod by further premise5 malnt8nance and lUrb15hmttnt expendthjré. TNstees' reJpon8ibllltl•s stAtement The Irust8es. who arè also dimctor¥ for the purposes of company law, ar8 responsfola for preparing th? trusiees. rop¢rt $nd the fin8n¢ial statements in accordance with appltable law an¢J United Kingdom ACcoUnn0 Standards (United Klngdom Generalty Accepted AcCwnng Pracllcel Company law requires thè thaTity Iru8teè$ to prepare financkql slatsments for 08ch year whh give a true and fair view of tho state of affairs of the charilable company aftd Ihg incoming r8SOUt¢gs and 8pplle81ion of r•sources, indudlng Ihe irmme arKI aXp•ndlre, fcf that perfcKI. In prgparfng finandal 51aternents. the tru8teè$ aro requlred to: 8el8Ct suitable accounting polla88 8nd then apply thom ccfisistenuy., observe the methods and prindple5 In tho appllcable Charflies SORP.. make judgments and a¢¢ounting estlmatas thal are reasonablg and pnAénl- prapare the finan¢ial statements on th8 going concem b8s55 un198$ (t 15 inappropriate to pre¥uTh that thè tharity wlll continug in busines$. The trustees are rgspL)n8itde for k88pINJ adequate accountlng rt¢trds that ara suffiognt to 8hN and exp181n the ¢harill8 Iransaetians and disclose with r8a$¢nabl8 acraCy 8t any time the finaneAal positson of. the charfty and on8bl6 them to ensura that the finandal stslements compty wtth the Compan18$ Act 2006. They are atso responsible fc* $afeguardlng tho assets of the charity and hencx for taking reasonablo steps for Iha pventIon aThJ deteCtn of fraud ¥nd olhor irT•9ularMIgs.
Hartcliffe & Withywood Ventures Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Directors, Report) Year ended 31 July 2025 Pago 7 Audltor Each ofthg persons WI1$ 8 dlrector 81 the date of approval of this report confims that 80 far as they 8ra aware. there Is no ralovant aud Inform8lk)n of whlch th6 auditor is they havè taken all st8ps that they ought to have taken as a director to make them$elvgs aware ol any Tet8vant au(Jit Inform8llon 8nd to 88tabllgh that th¢ charty$ auditcr is awor$ of that Informat(on. The auditor L8 deemed to have beèn rwpont8d In accordarKg vhlh s8ction 487 of the Companlfrs Act 2006. Small c(mpany pro¥f¥lon6 This report has been prap¥ed In ance wlth Ihg pmi3k)ns 8ppll¢able to comwie8 entilled trj Ihe small npanIeS exemption. The trustees. annual reFQrt Ilntsjrporating the dlrec4ors' roportl was approved on 14 Aprfl 2026 end sign8¢Y on behaff of the ard of tru5tses by.. T Anstey Dire¢tor
Pag• 8 Hartcliffe & Withywood Ventures Company Umlted by Guarantse Indep¢ndont Audltorfs Report to the Members of Hartcllffe & Wrthywood Vantures Yoar ended 31 Juty 2025 Opinlon We haw audited the financkal stslements of Hort¢liffe & Wilhywood Vgnlures Ilhe'charityl for the year 9n¢J¥d 31 July 2025 whlch MpriSe the statam•nl of finandal acllvibeÈ lincludlng Income And expenditure aco)unt). slalement of financial posrtion, statement of cash ftows and Ihe related notes, induding a summary of signfficant accounling pollcles. The financol reporting fraMork Ihal has been appllgd In th&ir preparation Is applicable law and United Kingdom Accounllng Standards. induding FRS 102 Tho Financial Reporting Stan¢Jard applicable in the UK 8nd Republ of Ireland {Unrt•¢J Kingdom Generalty Accepted Accountlng Praclicel. In our opinlon Ihe ffin8n&al 8tsterw)ts: givo a trua and fair view of th8 slate of the charity's affalrs 88 al 31 Juty 2025 aNJ of its incoming resources and gpplicalK)n of re8ouYce$. Indudlng It8 irthme and expendlbjre, lor tha year then ended.. have been propgrty prepar8J In a¢ardance wilh Unlled tfjngd¢m Generally Accepted Accounting Prdctlco" havo been prepar•J in a¢¢ordan¢e with tho r8quirom9nts olthe Companies Act 2008. Basls for oplnlon We corbjucted our audft In trdance t Intem3On8I Standards on ALJiting IUKI IISAS IUKII and appIlb]e law. Our Tesponsibll1tS under those stsndards are further described in the auditorfs responsibilitiès for the a11( of th8 financial staiem8nts $tion of our report. We are bnd&p8ndént of the charity in acCOrdar wlth the ethl¢al réquirements that are levant to our audit of the financlol stataments in the UK, Indudlng the FRC'S Eth5cal Stsndard. and w¥ have fulfilled our olher h1¢al respOr1b11thes h accordanc• vAth these requiremènts. We believe that the audit wKlan¢e we have obtaffted15 sufflciont and approprtate trj provlde a b8$L8 for our opinron. COnG1n5 relattng to golng ¢orK•m In audiling the financial slalements. we have conduded th81 th8 directors. use of Ihe g)Irg concern basi5 of accountlng In the preparatton of the financial slatèmenls Is approprlatg. Based on th& work we have perfomied, we have noi enified any materfal un(*rt81ntle8 relating to Ovgnts or conditions that, indlvldually or collectively, May cast slgnlficant doubt on the charivs abllity to ¢ontinu8 as a going concarn for a perlod of at least month5 from when the fln8n¢l81 statements are authorised for Issue. Our responsibdities and the fesponslbllilles of the dIrects wth r8sFéct to 9Dlng ccffl¢èm are described in thè rèlèvant sections of thls reporL
Hartcliffe & Withywood Ventures Company Llmllod by Guarantee Indep8ndent Audltorfs Report to the Members of Hartcllffe & Withywood Venluros (¢oniifiued) Page 9 Year ended 31 July 2025 oth•r Snformation The other information comprisès the infomialion induded In the annual report. olheT than the financial statements and our aud5torf8 report Ihereon. The directors are rèspons18 for tha other Inlomiaticffi. Our opinion on the financlal 3tatem9nts does not Cover the other Infomiglion and, èxcept to the extent othÈMi$e explicitty ststed in Ouf report, we do not axpr888 any form of assurance conduslon th&reon. In eonnectlon our athllt of the finanel81 $lalements, our responsibility is lo read the Othgr infomiatlon and, in th)ing 50, COnser whalhgr the other Inf(rtion is mater5ally In¢on$Lstent with the flnan¢lal statements or our knowl8dg8 obtalned in tho aLvJil or othei appèars lo bo mat8rfolly misstated. If we identify such material InconsiSterleS or apparent matarial misstatements. w¢ are requlred lo deteminé whether there is a material misstatement In Ihe financial ststements or 8 malorial misstal¢menl of the other Information. If. bas8d on Ihe woth we have perfomd, we MnclLhl6 thai there bs a materfal misstatement of thls othèr Inforrnation. we are r8quired to report that fa¢t. We have nolhinig to rgport in Ihis regard. Opinio•u on 4)ther matt•rs pr•5cr5b•d by th• Companlos Act 2006 In (wr opinion. based on the wCk undtrrtaken in Ihe coursg of tho audit.. th8 irrfomi8tion given In tho directors, f•t for th8 financiql ar for which thg fin8ncial ststements are prepArad Lq omslstent wlh the ffinancial statemgnts., and the dirgotors. report has been prepared kn 8cordancè with applicable leg81 T•quirements. att•r• on whlch we ar• r•qulrod to rgport by excèptlon In the light of the knovrtgdge and uThlerslAndlno of charity and Its environFnenl obtained In th& course ofthe au¢Jf(, we have not *Jentified mal•riAI mis$tatemonts in tho dlre¢tor8' ffjFQrt. Wg have nothing lo r&port in rospect of th& lolbwing matters In relatron to whh the Comp8nles Act 2006 raquires u$ to report lo you 5r. In our oplnvJn- adequate accountlng records have not been kgpt, or relums adequats fr)r our audit have not been received from branch8s not visltgd by us- or ihe ffin8Mal slat8rnenl$ aro not in agr8emenl wth tho aCuntIng records and rel8. or certain disdosures ofdireciors. rernun8rallon Spfied by law ore nol made; or we have not recelved all the inlormatbn 8nd 8xplanations we requlre lor our audit- or the dlrectorn wère not entltlgd to propare Ihe financlal statenwnts in acdanc the small C4)mpanles regime and lake advantage of d)8 Small cornpani8s' exemptlons In prepaiing the diwtors, rewrt 8nd from lh8 wuiremont to prèpare 8 Strategic rèport.
Hartcliffe & Withywood Ventures Company Limiled by Guaranteo Indondent Auditovs Report to tho Members of Hartcllffe & Wlthywood Ventures Pag• 10 Yearended 31 Juty 2025 Rosponslbllltles of dlrnclorn AS explaied more fully in Ihe directors, responsibilitles sl818ment. the dirn¢tors (who are dso the dlreclors for the purpos8s of company law) ar8 rasponslble for the preparatlon of thè fmancial ststemen15 and for being satLsfi$d that they give a true and fair ew, and for such Intemal corrtrol a8 the directors determine 1$ necessary io anable the preparation of finanaal ststements that 8w froe from material misstatement. whether du8 to fraud or 8NoT. In F)repamg the financlal statements, diractors ère responsiblg for assesslng the ¢harWs lIty to conbnue as a going conc8in. di8closing, as 8pplicBblo, matters related to going ctsncern and uslng tho going concm b8$15 of acc¢)unllng unless th¢ directors &ithor intgnd to liquldale the charty or to ¢8a8e OFerations, or have wlislic aliomatlve bul to ¢Jo 80.
Hartcliffe & Withywood Ventures Company Llmited by Guarantee Independènt Auditor's Report to tha Members of Hartcllffe & Wlthywood Ventures f¢ontrnuedJ Page 11 Year ended 31 July 2025 Auditorfs r•sponslblSitleg for the audSt of the financlal stalgmgnts Our objectNes arè lo obtain reasonable assurance about wh&lhgr the financAal statements as a whole are free from malerial mlsslatern8nt, whethèr duè to fraud or error, and to18suÈ an auditor's report that includes our opinion. Reasonable assuronce t8 a hlgh level of assurance, blrt is not a 9uaranlee that an audit conducted In a¢cordanc9 wlth ISAS IUKI will ahvay3 detèct a material misstalemenl when it exists. Misststements can arLse from fraud or error And are consldertrd material If. Individually or in the aggregate. they could reasonably be expectad tc Influen the 8conomic deGlsion8 of users taken on the basis of these finandal statements. Irregulaiibg¥, including fraud, are in$tsncos of non•compllance wth laws 8NJ regulalions. We design pr0¢8cfures Y) line with our re5ponsibllltles, ou11in8d abovo, lo detect rnBtari81 misstatemen15 in rospect of irregularities, Including fraud. The extent lo which our procedure5 are capabLq of detectin9 irregularftles, including traud 18 delail8d 1¢).. Key audlt mlttern: our 4$8•Mm•nt of rlsk$ of mal•rlal mlutatemont Key audit maller8 are those m8ttsr¥ that in our profg55ional judg&m&nt We of most $ignifficance in the audlt of the financial statements and include the rnost signffieanl assessed Fisks of mAterial misstatement Iwhether or not due to fraud) identhfied by us. Including those whleh had the greatest effect orb thg albcalh)n of resourc85 in the audit, and dIrtIng thè èfforts of the ¢ngagernenl team. There 8re no key ar•as idenlif18d as the audit is very low rlsk wllh normal audit procèdurgs adequatè in all audrt areas. We agreed to reF¥)rt to Ihe board of trustee8 any correctsd or uncorrècted identmed misststements. Id•ntifying and r•portlng of rfsks of matorlal mis•tatement du¢ to fraud To identity risks ol molerial misstatement due lo fraud we ass&$sed event$ conditions that could indicats an incEntNe or pressure to commit Iraud or providg an opportunity Its comrnil fraud. Our rfsk assessment procedures 5ncluded.' Enquiring of thg slrateglc direclors and the trustees and Inspection of kèy pals pmvitled to those charged with governance as to high level polides and proceduies to prevent and rleie¢t fraud. Révièwiro the minut•s of Trustees, m8atiFbg5. We ¢ommunicatod Identified fraud rfsks through)ut the aLKlil team and rernaln8d al•rt lo any indicatsons ol fraud throughoul the audit. As requir8d by auditiro stsndards. and taking into account POsslb19 proswres lo meèt tsrgets and our ovorall knowledge of the control enwronmont, Wo perfonned procedures lo assess the risks of management ovethde of ntrOlS. To addrgss the pervasfjve dsk as it reL3led to management oveThide of controls, we review•d matsrial journal •ntri85 and agreed thesa to supportlng documontstlon where appropriats. klentlfylng and respondlng to rl$ks of matorlal MItatement duè tr+ non¢omplianGe wlth laws and règulations We identified areas of taws and regulatk)n$ that could TeasonBbly be expected to have a material effecl on thg financlal statemenlg from our general commer<xal 8nd sector experience and through discussion with the general manager and trustees. As the charity ts regulatad, our 8$3essment of risks Snvolved gaining an understsnding of the eontrol environment induding the entivs procedures for conw)lying with regulatory requirernents.
Hartcllffe & Withywood Ventures Company Llmitod by Guarantse Independent Audltorfs Roport to Ihe M8rnber3 of Harteliffe & Wrthywood Ventures {conYnu•dJ Pag• 12 Year ended 31 July 2025 We communlcaled identifie¢J laws and rggulalbns throughout our tsam and remalned alert to any bndi(¥tions ol non-compliance throughout the audit. The potential èffect of th•so law5 and r¢gulatior on the financial stÉternents varies conslderably- firstty, the tharity is subject to law5 TwJul8tions that dlrecly affèct the fmand813tatements including financial reporting regulglK)n (including r8lalèd compani¥s regUlaonI, taxation legislatvjn Ip8yroll tsKesl and p&nsion leglslalion and we 8$8853ed the extent of compliance wNh these laws and r6guiations as part 0fJr procodures in the audit areas relavanl b these Itemg. secondly, the charity 1$ sublect lo many other laws regulation$ whore the nseque18 of non-compliance COLild hava a materlal ¢ff¢¢t on amounts or dlsc4o¥ures In Ihe finandal stslernents, for instance through the Imposin of finos or litigation. Wo id9ntir the follvwng ar8as aB th08e mo81 lik¥ly to have such an effeGt'. Health and safety laws. Food and hyglene regulalwJn8. Law5 rglating lo worklng wfth, and the 88feguardin9 of, young peopl• and vulnerabl8 adult& Auditing slandards lirnil th8 requlred audit prdureS lo identfy n-COmpl9nce wlth these laws and regulations to eTh]uiry ¢f managgmenl and trusto8s and Inspectlon of feguL8tory an11 legal corresponda, il any. Therefore, rf any bleach of operallonal regulations is not dlsclo$¢d Io u6 or evident from relevant corré$pDnden¢o, an audll Mll not deloct Ihal breach. Limitations to th• ablllty of tho audlt to d•tsct fraud or bf•ache$ of laws •nd regulallon Owing to thè inherent limilation of an audlt. there ss an unavoidable rask thatwa may not havè detected some malgrlal misstatam¢nts in the financial ststemenls. even though we have property planned and performed our audtrt In ac¢ordanco with 8udlYng standards. For exernple. the Ither removed non-corntAiance with l¥w8 and regulats.ons is from th8 8vants and Iransadons rgfieoted In the financial statèments, the less Ilkety tho tnh&rontly limited prOWr$S requId by auditlng standards w0d IdenUfy it. In addltlon. 83 with any #udr¢, there rernalned a higher rf$k of non-detectlon ol fraud. as Ihls may involve c¢llusion, forgery, Mlenlional omrssiDns, misrepresenl8lions. or the ov8rrKle of Snl•mal controls. Our audit proc9dures are de$igngd lo delect mat8rfg1 mwtalernent, and Iherefote we Bre not rosponsible for prevenn9 non-complianea or fraud and cannot trÈ expethd to delt non-compliance with all laws an¢J regulations. A furth9r description of our responsibilitS for the audit of th8 financial statements is lottatttd on the FRC'S webslle al wwW.fr¢.org.ukJauditorsraspLslb1lItie8. Thls dfjscription fomw part of our audil0rf8 rep)rt. As part of an audit In accordance wllh ISAS IUKI, w6 exereAsa PrOf910nal judgm•nt and malntain professiongl sceplictsm throuohoul th8 audil. We a180.' Id8ntify and 8ssess rh8 risks of materfal mlsstatemenl of the financLql sMentS, vmether due to fraud or error, design and perfomi au(Jlt procèdures responsfve lo those rfsks. arvj obtaln audli eVId&n that is surri¢iont arKJ approprSalo to provid8 a baslg for our opinn. risk of not dete¢tityJ a rnat8ri81 m$slatement rgsulling from fraud Is hbJher than for or resultlng frcffi error. as fraud may knvolvg collusion, forgery, Inlenllonal omiss)ns, mbrepre8ent8tion¥, orthe overrfdo of intemal control. Obtain an understandlng of intsmal control ro18v8nt to Ihe audlt In order to d8swJn audit prtscedures that are appropriate in tha CIrmtanCeS. but not Ityr tho purpose of oxpressing an opinion on the effg¢twenes8 of Ihg Intern81 control.
Hartcliffe & thyWood Ventures Company Llmlted by Guaranteo Independent Auditorfs Report to the Members of Hartcllffè & Withywood Ventures {continuvd) Pag• 13 Yoar ended 31 July 2025 Ev8luate the approrrriatsness of ac¢ounting poli•S used and tha rea6onabl6ne8s of accountlng estimates and lSted dlsdosures rnade by the dlre¢tors. Concluija on th& 8ppropriateness of the directors, use DI th& going conc&rn basis of aCCounng and. based on thè atsdil evld8nce obtained, wh8thar a material uncertointy ¥xists related to events or condlllons that may cast slgnificant d(bt on the charitvs abil¢ty lo continue as a going concem. If we Conclude thBt 3 material uncertalnty exists. we are wulred to draw alt8nlion In our audllor's r8POrt to the rd8ted disclosuros In the financial statements or, if such disclosures are Inadequate. lo modlfy our opinion. Our con¢lu8tons are based on the aud51 evidence obtained up to thè date of our au¢Jitorfs report. Howover, future events or Gondith?ns may caLtya charity to cea98 to cx)ntinue as a ping Cncam. Evaluate the overall presentatittn, structur8 and ¢ontsnl of the financial statements, includlng the disclosures. and whether the financial st8tement$ ropresent the tsnderfying transactlons and events In 8 manner Ehat achieves fair presentatlon. We ¢ornmunKale wlth thcse charggd WI govemance regarding, among other m8ttèr8. the pLpnned )pe and timing of the 8udit and significant aLHlil findings, including any slgnificanl deficienue¥ in nternal control that we identify during our audlL Us• of our report This report is made so1ety to Ihe ¢harity8 members. 08 8 body, in accordan wllh Chèpter 3 of Part 16 of Ilie Companles Act 2(KJ6. Our audit Work has beèn undertaken so Ihal we rnvJhl state to thg charity'5 members Ise matt¢rs wg are requlred to ststs to them in an audftotr$ report and for no other purptrse. To the fullest èxlonl permrtted by law. we do not accept or assume resnSIbIlity to anyone other than the chorly and the charws members 8$ 8 body. for our audll work, for thi8 rewrt, orfor the opjnlotas we have formed. Paul CridlaTrJ FCA {Senlor St?tutory Auditor) For and on beh¥if of Charf(on Bak8r IBrisloll Ltd Chartgrgd A¢wuntsnts & 81atutory auditc 61 Macrae Road. Ham Green, Brisld BS20 ODD 14 Awil 2026
Hartcliffe & Withywood Venturas Company Llmtted by Guarantaè Stalement of Flnanclal Actlvitles (Includlng Income and exponditurg account) Year gnded 31 July 2025 Pw14 2025 UnrKlri¢led Restrlctod fund8 funds Total funds T¢)lal fvnd5 2024 Incomo and endowments Donallon5 and legacigs Charitable actNities Other tradlng actNilles Investment In¢orne Olhgr inme 9.044 28.040 1.280.568 24.807 8,608 2.828 1,344,6S1 1.356.569 68.052 10,333 5,245 1,356,569 68,052 10,333 4245 1.449,243 Total In¢ome 1,440,199 9.044 Exp•ndltur• Exp•nditure on ch*itabb actmtios Totsl expendltur• 10,11 1.322.897 1,322,897 35.420 1.3SI31Y 1,220,973 1,358,317 35.420 1,220,973 Nèt incorne and nèt mov•m•nt In funds 117.302 <26.378) 90.926 123.678 Reconclllatlon of funds Total fvnd3 brought forwa Total fvnds carrl•d fomrd 847,222 472.317 1.319.539 1.195,861 1.319.539 964.524 445.941 1AI0.405 The Statement of flnancial activ6 Indude8 dl galns aThJ105ses recognlsed In the yew. AII Iorne and gxpènditure derive from conlinuirrfj activitles. Th• nths on 17 to 26 fomi part ofthM• fln•n¢lal ¥l•tcm•nts.
Hartcliffe & Withywood Ventures Company Llmited by Guardntee Statement of Flnancial Posltlon Page 15 31 July 2025 2024 Fixed as$•ts Tangible Ilxed 89gets 10 522.602 s33.2 Current assets Dabtors CAsh at bank and in hand 17 86.618 874.096 90.171 786.053 960.714 876,224 Credltors: amounls lalllng due wlthln on• y•ar Net ¢urrnnt as80ts n,751 187.963 89.947 786,277 Total asset$ 1•8$ cumt IlabllTtle8 Net assets 1,410,465 1A10,465 1.319.539 1,319.539 Fund$ of the charlty Rgslricted funds Unrestricted fvnd3 445,941 964.524 472.317 847,222 1.319.539 Total charlty funds 20 1rt10.465 Th8So financial stalemenls hav• b•gn pr8parod In accordancg vAth the provlsions applicable to comp8nles sut4e¢t lo small companl88' reglme. These financial stat&mgnts wer6 approvgd by the board of trustees and aulhorised for issu8 on 14 April 2026, and are sion on behalf of thé board ty- T Anstsy Director Th• no10$ on pay•* 17 to 26 forni part Dfthug Ilnanclal ¥tatem8nt•.
Hartcliffe & Withywood Ventures Company Limlted by Guarantse Statement of Cash Flows Page 16 Year ended 31 July 2025 2025 2024 Cash Ilows from oporatlng a¢tlvlti Net kncome 90.926 123,678 Adjustmgnts for Deprecialion of tanglble ed a8sets Olher hlterest tecèivabl8 and Similar In¢om¢ Accrued expensesl{incomel 10.700 {10A331 2.837 12,026 18,6081 149.5201 Changes in.. Tr8d8 and other debtors Trade and othsr creditors 3.553 (20,033) 77,710 160.7691 21,692 Cash gengrated fTom operaOn9 Int¢rest received 38.998 10.333 8,608 Nel ¢a8h from opgrativvJ activltios 88,1)43 47,606 Met In¢r•as• in Cash and ¢a¥h equlval•nts Cash and cash eqUNal•nts at beglnning ot yr Cash and cash equivalents al ond of year 88,1143 786.053 47,606 738,447 786,053 874,rts6 Th? not•$ on p•g•s 17 to 26 form part of the¥e flnanclal atstemonts.
Hartcliffe & Withywood Ventures Company Limlled by Guarantee Notes to the Financlal Ststements Page 17 Year ended 31 Juty 2025 Genttal Infomimtlon The charity tg a publlc benefit enuty and a prNate uJmp8ny limited by guar8nle8, roglsterod In England and Wales and a register charity In Enand and Wal&8. The address of IP legisle offlce Is The Gatehouse Cenlre, Harecllve Road, Hart¢lffh, Bristol, BS13 9JN. Slat•mgnt ol compllan These financial ststsfflènts havg been prepared In complianco with FRS 102. Thg Flnfjn¢ial Reporting Standard appllcablo in the UK and th8 Republtc of Ir8lan¢T, the St8temÈnl of Recommendsd Praclice apFlieAbb to chariliès preparino Ihgii accounlB in a¢wdanc& with the Financial R8POrting Standard appllcabte Sn Ihg UK and Republlc of Ireland IFRS 1021 ICh8ribes SORP {FRS 102}l and th8 Companies Act 200fj. Accounting poll¢l•s Bas1$ of proparatlon financial statements have been pr¢p3red on histrirical cost basi8. as rnodifd by the révaluation of cèrtain finandal as$¢ts and liabllilles and inve8tmenl properties maaswgd al folr value through Inrme or expenditur8. The Ilnancial stal8met)ts are prepwed in slerlir4J, whth ig Iho fun¢tsonal cUencY ofthe tty. Golng GOnM The tr1885 have prepared proJoCt%S to Juty 2026 whlth Show a surplus for Ihe year. In additlon. al July 2025 th¥ ¢harity had a strong reserves pjslbon ag outllned in th8 RèsoNes Pollcy on pag8 4. Dua to thls thè trustees gre ¢onffdent ihat thero 1$ no rnater*al uncertahty a5 10 th? chartty's ability to o)nllnue operathjns. Judggm¢nts and k•y sour¢¢$ of•4tlmatlon e•rtI1Thty Thè preparation of Ihg financial statements require5 management to makg ludgem$nts, astimates and a98umpllons that affe¢l the amounts reported. These estimates And judgem8nts are continually reviewed and ara ba8ed on experignco and other factors. Induding eXptionS of future evènl$ that are believ¢d lo be reasonab uNlor the circumstancgs. In managements's oplnlon thore are no crlltealludgements or estlm819s ts note. Fund accountlng Unrestrf¢tgd funds ar8 avai14)1o for ube at the dl$¢r¢Uon of the trustees to further any of tho chartys purposes. De$lgnated funds are unre$iricted fvnds 8gmi8rk0d by tha dlroctors for parucular future project or commifmenl. Restrictsd fvnds are sublectad to re51ricth)ns on theff expenditure declarèd by thg donor or through the terms of an appe81, and fall into one of fwo svbwclasse$: restricted income fimds or gndowrnenl fiJnd$.
Hartcliffe & Withywood Ventures Company Llmlted by Guaranto0 Notos to the Financlal Statements Iul0Y Yoar ended 31 July 2025 Page 18 Accountlng polici fcortlntserfj In¢omlng resources All incomg is Induded in th8 5tat8m8nt of financ1 activities when enlitlement has pass6d to the charity, it is probable that the o¢onomlc beneffts a350ciat8d wth the transaction wdl flow lo the charity and the Amount can be reliabty mgasured. The following spertfic policies are 8pplled to particular ca¢egories of In(xJme= incornp from donations or grants Is recognlsed when there Is evN*nce of èntitl¢m8nt to the glft, reG91pI is probable and ils amount can be measured reliably. ineorTP from contracts for the suppty of s8ivic88 is rec4nlsed wrth th8 delivery of th8 contractsd s8rvlc8. This is d88sified as unre8trict8d funds Ltnless thère 18 a contractual ro4uiremont for il to be spènt on a partI18r purpose and relumed Sf unspenl, in which case it may be regard¥d as restrlcl¢d. Investment Oncome is induded when r8ceivabJg. Rosources 8xp¢nded Expendlturfr Is recognisgd on an ac¢rual basi8 as a Ilabllty is incurred. Expendlture InGlude8 any VAT which cannot be fully r8coverod. and B wrtttan ¢)ff as an expgnse in the SOFA Sn the period In whirh Il was incumd, Co81$ on tradlnu acllvttles are ¢osls as2ocRted wrfh support and fund raIng 8dvllie5 In roletion to thg Charity's main actlylty. Charitable expenditure Compr0$ those eosts incurred by the Charity in the delivery ol ts activitie8 ané 8ervi¢es for its beneficlaries. It includes both cosis Ihal can be allocotgd directty to such 8clivitios and those costs of Sn indirect njre neG8s88ry to support them. Governancè costs incluile those costs a1# with meetlng the constituth)nal and statutory requlremenls of the Charlty and indude the audil hes and cosis Ilnked to the strateglc management of thg Charity. These are now reported under Support costs. Opérating l•a5B$ Leas8 payments aig recognlsed as an expense over the l&a$è tsmi on a $tr81oht-line basls. The aggregate benefit of leasé Incentwes Is recognlsed a reduction lo gxpense over the lease t•rm. on a slraight-line basis. rangible ass•ts Tangib assèts are Inll?Ily reo)rded at cost, and subsequently stated at $1 less any accumulated depreclatM)n 8nd impaimient losses. Any tsn9Fb assots carrTg¢J at revalugd amounts are recDidgd al the fair vatua al the date of revaluation 18s$ any sub$8quenl accum(rlat6d deprecf8tlOft 8nd subsequènt accumulated impairment losses.
Hartcliffe & Withywood Ventures Company Llmlted by Guarantee Notes to the Financial Ststemenls (cLw¥tinued) Year ended 31 July 2025 Pagg 19 Accountlng poli¢ie6 (eofttlntwd) D•preciatlon Depreciation is calculate(I SD as to write off th8 Cost or Valuaon of 8n asseL Ioss its residual valu&, over ihè usgful econorniu Ilfe of that asset as ftjllows: Long leasèhold property Equipment shortleh0 propety lrnpalmient of fixed assets over life of Ihe lea¥9 33 113% [edug balanc9 over life of Ihe lease A foi indicators ol impairment b ¢arrfed out al each rewrtlng dats, with the r8cov8rabl8 amount being 8sb"malsd Whe such indicators exisl. wre the caryin9 valu8 èx¢eeds the recoverable amount, the asset is Impalrod accordin9ly. Prte Impairnients 8re al$0 reviewed for ssible r8VW5al al each reporting dale. Financial Instruments A finan¢lal asset OT a financial liability is regnISed On %then the onttty becfne8 a p&ty to thè Contractual provi81ons of the In81rument. Basic financial iN81rum8rts are Inilt81ty r6¢ognised at the arrtount Tecewatde or payabl• induding any related ttsnsaclion costs, unless the arrang8mant constitutes a finar1 transacb"on, wher it Is fecognlsed 81 the present value of the future payments dVscounl at o market ralo of interest for a $lmllar dgbt in$lrumgnl. Curronl assets and curtenl liabilitigs ar9 sub8equently megaurod al the ca8h or other Consideration expected lo be paid or rec8 and not discounted. Debt Instruments are subsequently Measured al amortised eosL Dofined ¢ontrlbutlon plan? Contribubons to deffined contribution plan5 8re recognised a$ an expense n the period In whlch the related Servi is Provided. Prepaid conlrlbullons aro rg¢ogni8ed 88 an assot lo the extent that tho prepayTn8nt will lead to a reduction in future paYmts or a cash refuThJ. When conlributlons are not expected te be setllgd wholly within 12 mont$ of the end ol t reporting date In which the 8rnployg9¥ render the related sgNke. the liabilty is meagured on a dCOUnted pre¥ent value basis. Thè unwinding of the discount is recognised as an •xpgnse in the period irh which it arises. Limit¢d by guarante• Under the tems of the companvs MemondUm and Articles. evory mtrrnber of the company undertak$8 to contribute to the assets ol the c4)mpany if it is wound up duriThJ the t¢m• that he or she Is a member. or within ong year aft8rwards, lor paymgnts of debts and liabilllles of the company contracted bef¢ he or she caasad to b9 a member, up lo a maxirnurn of£l.00,
Hartcliffe & Wllhywood Ventures Company Lirnltad by Guarantse Notes to the Flnancial Statements (withu• Page 20 Yoar ended 31 July 2025 Don•tlons and1oga¢l•8 Re8lrict8d Total Funds Fund8 2025 Roslricted Told Funds FurwJ$ 2024 Donatlons Donations ¥nd grants 8,100 8,100 Grants NaOnal Lottwy lunding 19.940 19,940 28.040 9.044 28.040 Charftsble vItIeS unrtriCted Total Fund• Unrestrictod Totsl Funds Funds 2025 2024 L&isuro18aming City of Brt810l Cdl890 Nun88ry Incorne Tenanls rgntsl irKxMe Tenants reeh8rg&¥ Gatehous& Cafe IncLJme Other in(x)me 4,925 616,393 509,443 130,107 16,730 74283 4.708 1.356.569 1.356.569 5.596 627.066 435,556 121,818 14.571 75,961 5.596 627,066 435,556 121.818 14.571 75,961 816.393 509.443 130.107 1e.730 74.283 4.708 1.280.568 1.280.568 Othèr trading actlvltl•s Unrestricted Total Fund¥ Unrestricted Total FLmds Funds 2025 Funds 2024 Conference & maotirg mom htre 68.052 68.052 24.607 24.607 Invtstment Incixno Unrestrfct8d Total Funds Unrestricted Total Fun(ts Funds 2025 Fund5 2024 Bank Intoresl 10.333 10.333 8.608 8.608 9. Othar Inm9 Unrestrfcted T¢tsl Fund• Unrestricted Total Funds Funds 2025 Fund5 2024 PJJndry Sn¢ome 5,245 5,245 2.826 2.828
Hartcllffe & Wlthywood Ventures Company Llmitèd by Guarantso Notes to the Financlal Statements (cDnthiu¥dJ Yoar ended 31 July 2025 Pago 21 10. Expènditure ¢n ¢haritabl• acthiltie* by lund typ• unrestrict Restrict&J Totsl Funds Funds Funds 2025 Education Nursery coro Gatehouse eafv Support costs 703.694 386,296 86.859 144,048 1,322,897 35.420 739,115 386,296 68,859 144,047 35,420 1,3S8,317 Unrestrlclgd Funds Restricled Total Funds Funds 2024 EdutIn Nursery ¢a Gatehouse cafe Support costs 705.379 326.358 44,353 136,616 8.267 713.647 326,358 44.353 136.615 1,220.973 1,212,706 8,267 11. Exp8ndlture on Èh8rltabl• a¢tlviti•s ty a¢livity typo Aclivilies ndèrtakon diredy Support Totsi funds Tolal lund 2025 2024 EduCatn Nursery care Gat¢housg rafe Gov8m8nce D)sts 739,115 386.296 88.859 70.773 58,280 9.710 5,284 809.888 444,57e 9B.569 5.284 1,358,317 785.754 376.177 53.520 5.512 1.214,270 144,047 1.220.973 12. Net Incomo Nol income is statod aft•r ¢hargirWlcredillngl.' 2025 2024 Depraeiattt)n Lrf t8ngibl? fixed assets 10,700 12,525 13. Audltors r•muneratlon 2025 2024 Fee5 payabl• fDrth$ audit of the financlal stOtem¢nts 5.300 5,100
Hartcllffe & Withywood Ventures Company Limlted by Guaranteo Notes to the Financlal Statements l¢tsntlnu•dJ Year ended 31 Juty 2025 Pagg 22 14. Staff costs The tclal staff and amploy8e banefits forthg r6FQrting pgrfod are anald 08 folbm.. 2025 2024 Wag85 end salarlgs So¢ial 8ecuNty cosis Employer conlrfbubork8 to pen¥lon plans 927.803 77.626 18,754 1J124.183 902,996 51.451 19.045 973,492 The average head count ol amployees during the yw was 55 (2024: 5n. Key managemenl personnel include all perSor that hav ¥ulhority and respon$ibiltty for planning, directlng anl ¢ontroifing lh8 acti0$ of the charfty and are considered to compisè of lh8 Chief Execut2 and Trustees. The total compensation p8KI in wp6ct of those p8rsonnel for $8rvl¢es prOved 10 the chartty was £T3,46012024". £61.233}. No employ¢9 recoiv8d employee beneflis ofmorg Ih8n £60,000 durlrq tho 4T (2024". £nill. IS. Trust•• r•muMratlon and •xpons No trus180 rerived any ramun0ra0ft durfro thg 8r. No truslee received any reimbursed 8xp8ns98 the ypar. 16. Tangiblo fixed ass•ls Short Leaséhold Propety Land an¢J bullding8 Equlpmenl Totsl C1 At 1 Au9USt 2024 and 31 July 2025 D8pro¢latlon At 1 August 2024 Charge for the year At 31 July 2025 Carrylng amount At 31 July 2025 At 31 July 2024 656,430 326,632 93,372 1,076,434 184,297 5,126 189.423 316,953 3,388 320,341 61.922 2,246 84,168 543,172 10,760 553,932 487.007 6291 29.204 522,502 492,133 9.679 31.450 533,262
Hartcllffe & Wlthywood Ventures Company Llmlted by Guarantee Notes lo the Flnanclal Statements {¢tyJlhJ Year ended 31 July 2025 Pw23 16. Tangibl• fixed agsets Iconthw•LII Shorthold L•a$o The shorthold 1gas8 relates to iThJustrial unlts at Laryton Avenue, these arè hèld on a 50 y lease. ¥vhich commenced in 1969. The expgndituw on developlng the sltg to M8rch 1989 was parb¥lty covered by ¢¢fiiribulionB from InnerArea Programmo and Bri31ol Clty Councll. Longhold L•a$o The longhold lease r8L4tgS to the Gatehouse Cgnlre on Hareclive Rood. thls was asBvJned to the company In Octobw 1995. thL8 ig a 125 y8ar1è8se, expiring in 2120. Gen•ral Tangible flxed aets are prfmaflly used for charltable purp09es. Use of tsnglble fixei1888el8 lor generaling funds, managing and 8dminkglering the ¢hartty is incidental relatlve to eharit¥Ue use. 17. Debtors 2025 2Q24 Trade debtors PT¢payments and accrued income Grar)t income rec8Nable Other dabtorg 67,049 9.069 10.500 76.651 8,520 5.000 8fj.618 90.171 18. Credllor¥: amounts falllng duo withln ¢n• y•ar 2025 2024 Tradg credlto Accruals and deferred ineorne So¢lal socurity and olher tsxes Deposits and othor creditors 16,869 10.633 10.170 35,079 72,751 24,421 7.7g6 34.108 89,947 19. Pen$Sons and other post rotlrgmont ben•fft¥ D8fin•d ¢ontrlbutlon plans The gmount recognr6ed in Incom& or 0Xnditure as an expw)se In relation to d8fined contrfbU0n pIar wag £18.75312024- £19,045).
Pogo 24 Hartcllffe & Withywood Ventures Company Llmltod by Guarantee Notes to tho Flnanclal Statements (4ortthuè Year ended 31 July 2025 20. AnatyiiB of charltable funds Unr•strfctsd funds Al l August 202 At Incomo Expenditurg 31 Juty 2025 Gen8ral fijnds 847.222 1.440.199 11.322,8971 964,524 At 1 Augu8t 202 Income EKpendiÈure 31 July 2024 G8ner81 bJnds 743,317 1.316.611 11,212.70£) 647,222 General fvnd8 ropresenl those funds ava118bl8 to the ¢tsity for use in any of hs re¢ogn188d •cINitie5 al the disu10 ol the managgment and truste8s. Restricted fund* Al 1 August 202 At Income Exp8ndilure 31 July 2025 Capital fvnd Communlty Fund Family Hub Nursery staff ts8iThNJ fund John James Bri5101 Fod810n Nursery-stsjnd Play Winter Wamier National Loltsry Community Fund 439,357 352 7,4701 431.887 352 4294 14.2941 5,751 228 2,000 4,689 19.940 5.751 228 683 973 6.067 1.3171 8,4861 113,8731 135,4201 4.750 472.317 445.941 At 1 August 202 At Incom8 ExpgndlbJrÉ 31 July 2024 Capital fund Communlty Fund Farnity Hub Nursery $tsff Iralnlng ftjnd John James Bristol FoundaUon Nursèry 4ound Play Imnler Warmer National Lottery Community Fund H6.177 352 16.8201 439.357 352 5.787 (361 5,751 228 2,000 4.689 19.940 472.317 2.000 6.IDO 19.940 1.4111 452.544 28.040 8,2671
Hartcliffe & Withywood Ventures Company Limltèd by Guarantee Notes to tho Flnancial Statoments P4g0 25 Year ended 31 July 2025 20. An91$ ol charltable funds {tonthwdJ The Capital Fund is roprg$gnted by Ihg book value of thè l¢asehc4d propatle8 aThJ prOty improvém8nls purchased with grant funding. Th55 Includes capltalised •s3ets purchased from Br15101 Clty Council to fumish and open the refurbl$hod Studio 9 which 18 n¢)w availabl8 lor hiw. Exp8ndtturg in the year ts the d¢we¢iathon chargèd against Ihos• as9819. The Community Fund ropresent8 r8pr8sonts the residual bal8nGe offijnds T¢Ved in 8 prevp)us year from KnpJhtsto Housing Assoclalion used to fund a vi811 to th9 Hcwses of Parflarnent The Nursery Staff Training Fund repres8nts fund8 received from BrBlol City Counol to support staff to a¢ee55 CPD opportunltles In order to rnaintain tho qualty of the aarfy edation entltlementlor eligiblg 2 year-olds. John Ja$ Biigtol Foundatkthn fundlng has bean recefved for the d6vdopment of an arna of the Nursery m¢adow. Quartet Comrnunity Foundathjn has baen ro¢eived to provlde 6 ek courses on art & cxafts ond cookfing. Introductions to m8ths and 6ngllsh, computer SUPFQrt and guldancp. Nursery n Play has been 8W8rded to c4rry c1 an EEF programn. Winler warm8r has bèen adrded tr the purpose to provld wirrter fijel support on ¥ drop i basis. The Nallonal Lottery Communty Award has be8n wovkled for provlslon of a Staff post In I donallon shop in tho Gatehou8e Centrè. Famlly Hub fundlng has be8n provlded to run acthiles and ¥upport familes lo a¢$9 SWVTces and informatbn at Family Hub ¢entro$ and onling. 21. Analysi3 of net ass•ts betw••n lund* unrtrI¢l8d Restrict8d Total Fund• Funds FuTrls 2025 Tangiblo fixed a86ets CuThent a$s9ts Creditors k%s than 1 yoar N•t assets .615 946,6eo 172.751) 964.524 431,887 14.054 522,$02 960.714 (72,751) 1AIOA65 445.941 Unr8Strided Funds Restrl#od Totsl Funds Funds 2024 Tangible fixed assets Current assèts Credilorn less than 1 yèar Net assets 93.905 843,264 (89,947) 847.222 439.357 32.960 533.262 876,224 189.9471 1.319,539 472.317
Hartcliffe & Wlthywood Ventures Company Llmlted by Guarantee Notes to the Financial Statements l¢¢nthu•d) Year ended 31 Juty 2025 F¥g• 26 22. Anal13 of chang•s In not d•bt At At 1 Au9 2024 Cash flows 31 Jul 2025 Cash al bank and w) hand 786.053 88,043 874,096 23. Opèratln9 I9e commS¢ments Tho total ftjbjre mlnimurn lease payments er non-¢8n¢&liable op8rating lèa5e$ are as follow8: 2025 2024 Not later ihan 1 year Later than 1 year and nol later than 5 ye8rs L8t¥r than 5 years 11,651 34,775 55,889 10,756 35.771 20.QOO 102,115 66,527 24. Rolated partlo$ Thè P3rk Communlly Cenlre, is connected through a common trustèè, Helen HOln. HWV hirad rooms from tha chanty during the yaar al the cost of £4,310 12024.. £nlll. The balance OLrt8ianding at the year end was £4,31012024= £nil). Jeff Way Group, Is connected through a common director, Christopher Way, HWV hlred rooms to Ihe company during th8 year, recognising wenu88 of t4.559 12024- £nill. The balan¢8 outstsndlng at the ye8r end was £1,60412024.. £nil}. All Iransactlon$ 81 Standard rates. There were no other fel*ed paty tranwlions that requtre disc105ure.