WINDOWS PROJECT ASSOCIATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Goddards Accountants Suite 11 Stanley Grange Ormskirk Road Knowsley Village Merseyside L34 4AR
WINDOWS PROJECT ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
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|Page|
|General|information|1|
|Accountants'|report|2|
|Detailed|profit and|loss|account|3|
|Balance|sheet|4|
|Notes to|the|financial|statements|6|
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WINDOWS PROJECT ASSOCIATION
GENERAL INFORMATION FOR THE YEAR ENDED 31ST MARCH 2025
PROPRIETOR:
D Ward
ADDRESS:
1-27 Bridport Street Liverpool L3 5QF
ACCOUNTANTS:
Goddards Accountants Suite 11 Stanley Grange Ormskirk Road Knowsley Village Merseyside L34 4AR
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FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTANTS' REPORT TO
WINDOWS PROJECT ASSOCIATION
In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Windows Project Association and from information and explanations supplied to us.
Goddards Accountants Suite 11 Stanley Grange Ormskirk Road Knowsley Village Merseyside L34 4AR
Date: .... SD YPM ROLLS
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WINDOWS PROJECT ASSOCIATION
DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2025
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|---|---|---|---|---|---|
|2025|2024|
|£|£|£|£|
|Income|
|Fees|received|23,432|20,223|
|Other grants & donations|38,868|16,064|
|——|62,300|——|36,287|
|Other|income|
|Bank|interest|received|15]|122|
|62,451|36,409|
|Expenditure|
|Rent & rates|3,600|3,600|
|Insurance|2,486|2,417|
|Fees paid to|artistes|37,461|38,976|
|IT|services|1,051|587|
|Post &|stationery|983|440|
|Printing &|advertising|550|-|
|Travelling expenses|3,250|3,245|
|Sundry expenses|391|330|
|Materials|912|366|
|Publications|579|752|
|Volunteer expenses|:|11|46|
|Accountancy|570|570|
|Subscriptions|120|25|
|Bank charges|-|9|
|Depreciation|fixtures|&|fittings|8|5|
|Depreciation computer equipment|60|80|
|————|52,032|——aer|51,448|
|NET PROFIT/(LOSS)|10,419|(15,039)|
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WINDOWS PROJECT ASSOCIATION
BALANCE SHEET 31ST MARCH 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | Pi | £ | £ | ||
| FIXED ASSETS | |||||
| Tangible assets | 2 | 225 | 269 | ||
| CURRENT ASSETS | |||||
| Trade debtors | 412 | 1,680 | |||
| Other debtors | 1,047 | 1,013 | |||
| Bank accountno. | 7,225 | 2,246 | |||
| Bank account no. 2 | 12,705 | 6,554 | |||
| Cash inhand | 3 | 3 | |||
| 21,392 | 11,496 | ||||
| CURRENT LIABILITIES | |||||
| Trade creditors Othercreditors Accrued expenses |
3 200 570 |
- 200 1,140 |
|||
| 773 | 1,340 | ||||
| aa | 20,619 | Pr | 10,156 | ||
| NETASSETS | 20,844 | 10,425 | |||
| FINANCED BY | |||||
| RESERVES AND FUNDS Reserves Capital account |
3 4 |
10,306 10,538 |
10,306 119 |
||
| 20,844 | 10,425 |
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WINDOWS PROJECT ASSOCIATION
BALANCE SHEET 31ST MARCH 2025
We approve the Financial Statements for the year ended 3ist March 2018 and confirm that we have made available all records and information for their preparation.
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WINDOWS PROJECT ASSOCIATION
L ACCOUNTING POLICIES
- TANGIBLE FIXED ASSETS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of a tax return.
TANGIBLE FIXED ASSETS Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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|Fixtures and|fittings|-|15% on reducing balance|
|Computer|equipment|-|25% on|cost|
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|---|---|---|---|---|
|Fixtures|
|and|Computer|
|fittings|equipment|Totals|
|£|£|£|
|COST|
|At|Ist April 2024|193|1,713|1,906|
|Additions|23|-|23|
|At 31st March 2025|216|1,713|1,929|
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|DEPRECIATION|
|At|Ist April 2024|165|1,472|1,637|
|Charge|for year|7|60|67|
|At 31st March 2025|172|1,532|1,704|
|NET BOOK VALUE|
|At 31st March 2025|44|181|225|
|At 31st March 2024|28|241|269|
|3.|RESERVES|Surplus|
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|---|---|---|
|RESERVES|Surplus|
|brought|
|forward|
|£|
|At|Ist April 2024|10,306|
|At 31st March 2025|10,306|
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WINDOWS PROJECT ASSOCIATION
- CAPITAL ACCOUNT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
| CAPITAL ACCOUNT | |||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | £ | £ | ||
| Brought forward | 119 | 15,158 | |||
| Add | |||||
| Net profit | 10,419 | - | |||
| 10,538 | 15,158 | ||||
| Less | |||||
| Net loss | - ——— |
10,538 | 15,039 —_ |
119 | |
| 10,538 | 119 |
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