# **Financial Statements for the Trustees of Pennine Heritage Limited**
**Year Ending 31[st] March 2025**
**Charity Number 509974**
## **Pennine Heritage Limited (Co Reg No. 01445673)**
## **Contents of Financial Statements for the Year Ended 31 March 2025**
||**Page**|
|---|---|
|Contents|2|
|Report of the Trustees|3-6|
|Independent Examination|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Accounts|10-13|
## **Pennine Heritage Limited (Co Reg No. 01445673) Report of the Trustees for the Year Ended 31[st] March 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issues in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 1445673 | Charity No. 509974**
## **Principal Office**
The Birchcliffe Centre Hebden Bridge West Yorkshire HX7 8DG
## **Registered Office**
The Birchcliffe Centre Hebden Bridge West Yorkshire HX7 8DG
## **Trustees**
The following Directors and Trustees served during the year:
B Atack David James Bryan Alexander Marc Taylor DE Fletcher D Greensmith P Kennedy JA Schofield MJ Tull Dr NJ Bowker Smith A Birch R Ellis B Harrison-Smith E Greenwood
## **Pennine Heritage Limited (Co Reg No. 01445673) Report of the Trustees for the Year Ended 31[st] March 2025**
## **Independent Examiner**
Wendy Gledhill Calder Community Accounting CIC Upper Floors 26 Halifax Road Todmorden West Yorkshire OL14 5QG
## **Bankers**
Lloyds TSB PO Box 1000 Andover BX1 1LT
## **Solicitors**
AWB Charlesworth 12-16 North Street Keighley West Yorkshire BD21 3SE
## PENNINE HERITAGE LIMITED (Co Reg no. 1445873)
Report to the Trustees for the Year Ended 31* March 2025
The Birchcliffe Centre continues to be fully tenanted and, whilst the number of external bookings has reduced, we have successfully explored other income streams including successful applications for Grant Funding and new publications. Dr Francesca Elliot, our Heritage Manager left us at the beginning of April and we were fortunate enough to secure the services of Dr Andrew McTominey in this capacity. Our Knowledge Transfer Project (KTP), in partnership with The University of Huddersfield, formally ended at the end of December 2024 and we successfully submitted our final summative report to innovate UK (the sponsoring body for the KTP) in March 2025 for which we received the grade of ‘very good’ (B). This qualifies us to submit our project for consideration by Innovate UK for their awards in recognition of the quality of our work. This is a significant achievement given the generic criteria for success which are more attuned towards profit driven, commercial businesses than charities with difficult to measure social objectives.
: During this period, we have continued to develop partnerships with a variety of community and education partners including the University of Huddersfield (UoH), Manchester Metropolitan University {MMU), St Anne’s Community Service, IOU, the Hebden Bridge Local History Society (HBLHS) and the Hebden Bridge Picture House. This is an area of our operation that we are constantly seeking to develop further as we seek further organisation with whom to partner regarding specific projects and events designed to enable us to more fully achieve our Charitable Objectives.
We have continued to host and facilitate a programme of activities for our Adult Learning Disabled group spanning the two academic years encompassed within this reporting period in partnership with St Anne’s Community Service. We heid sessions, between September 2024 and January 2025, which gave access, for a number of stakeholder groups, including students from a local school, to the South Pennine Archives at the Birchcliffe Centre (BC) in partnership with UoH (through access to their ‘Impact Acceleration Account’).
In May 2024, we organised and hosted a public forum regarded the proposed Calder Valley wind farm. The event was attended by 250 concerned residents of the Upper Calder Valley and beyond with contributing speakers representing a number of viewpoints includingthe loss of cultural heritage and the impact to biodiversity and carbon capture. Our Heritage Open Day, in September 2024, attracted over 200 visitors which was encouraging as we coincided this with the launch of our flagship publication for 2024 The End of the Roll, which contains a selection of photographs from our Alice Longstaff Collection. Due to positive national and international press coverage, a second print run was required (each run comprising 250 copies) with a projected profit of £4,000. We also hosted a successful ‘International Women’s Day’ event with the Annapurna Dance from Halifax.
In partnership with the Hebden Bridge Local History Society, we successfully applied for funding from the National Heritage Lottery Fund (NHLF), awarded in September 2024, for £54,000 for the development of a South Pennine Archives website, beginning the digitisation of the HBLHS physical archive and the restoration and development of the entrance to the BC into a small museum space.
We have begun the process of rebranding the Trust and the Birchcliffe Centre and commissioned a local Graphic Designer (recommended by |OU) to send designs which will be circulated to all trustees for their consideration. This will include all signage, crucially the main signs at the front of the BC to more prominently and accurately communicate our presence, areas of operation and the work of our[tenants.] Our work to secure and conserve the BC is ongoing and we are employing our Building Project Grant to repair the roof, repair and redecorate the hall and continue our programme of gradual repairs to the hostel. During this period, our ground source heat pump-system was refurbished at a cost approaching £50,000. Whilst this was a ‘hit’ to our finances, it is credit to the prudent management of our finances in previous years that we were able to meet this cost largely through former Chair Judith Schofield’s hard work and diligence. Further costs were identified in the form of wear and tear to plastic piping which is scheduled for replacement with brass piping in the summer of 2025.
Listed Building Consent has been granted for the installation of solar panels on the roofs of the BC and our hostel and we await planning permission. We anticipate installation in the Autumn. We are exploring funding from WYCA to offset some of the costs of solar panels.
Organisationally, regular meetings of our Executive Group are now established which enable decisions to be made throughout the year and between meetings of the whole Trust Board (COMS) in accordance with the scheme of[delegated][decision][making] agreed by the Board. The Executive Group comprises myself (Chair), Alex Taylor (Buildings), David Bryan (Finance), David Greensmith (Legal and Procedural) and Judith Schofield (Vice Chair). Similarly, monthly meetings between myself, Andrew, the Hostel Manager, and their lOU line manager, are embedded and proving fruitful in fostering a positive, ongoing relationship with them regarding ongoing practical matters and the potential development of opportunities for collaboration.
Annette Birch continues to monitor environmental issues impacting on the heritage legacy of the natural history of our area most notably in relation to the progress and implications of the proposed windfarm in the area. Annette has attended meetings on our behalf and reported to our Trustee Board
M J Tuttao Signed on behalf of the Trustees of Pennine Heritage Ltd
Pennine Heritage Independent Examiners report
## | report to the trustees of Pennine Heritage on my examination of their accounts for the year ended 31% March 2025.
## Responsibilities of Trustees and Examiner
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act'). The trustees consider that an audit is not required for this year as their income is below £250,000 and that an independent examination is appropriate as their turnover has been above £25,000 in the previous year and may well be in the future.
| report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
## Basis of Examination
My examination included the review of the accounting records kept by the charity and a comparison of accounts with those records. It also took consideration of any unusual items in the accounts of which there were none. The procedures carried out do not provide all the evidence required for the purposes of[an][audit] and therefore no opinion is given on the ‘true and fair view’, this is not a matter for the independent examination.
## independent Examiner's Statement
| can confirm that, in the case of my examination, no material matters have come to my attention that would give me cause to believe that accounting records were not kept in respect of the Charity as required by section 130 of the Act: or the accounts do not accord with those records.
| have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Signed
a
Wendy Gledhill
## **PENNINE HERITAGE LIMITED (Company Number 1445673)**
**Statement of Financial Activities for the Year Ended 31st March 2025**
|**Incoming Resources**
**Notes**
**From Generated Funds:**
Income from Donations and Legacies
2
Income from Grants
2
Investment Income
3
**From Charitable Activities:**
4
**Total Incoming Resources**
**Resources Expended:**
Charitable Activities
5
Donations
6
Governance Costs
7
**Total Resources Expended**
**Net Income before Transfers**
Transfers between funds
**Net movement of Funds**
**RECONCILIATION OF FUNDS**
Total Funds Brought Forward
13
Total Funds carried Forward
13
Income
Interest and investment income
**Gross Income for the year**
Expenditure
interest payable
Depreciation and charges for impairment of fixed assets
**Total expenditure for the year**
**Net income/expenditure for the year**|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**Total Funds**
**Total Funds**|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**Total Funds**
**Total Funds**|
|---|---|---|
||**31/03/2025**
**31/03/2025**
**31/03/2025**
**31/03/2024**||
||**£**
**£**
**£**
**£**||
||5,205
5,205
17,248
28,414
28,414
4,817
217
217
813
151,409
151,409
142,513
**28,414**
**156,831**
**185,245**
**165,391**
126,574
126,574
74,001
0
0
53,186
53,186
45,519
**0**
**179,760**
**179,760**
**119,520**
**28,414**
**-22,929**
**5,485**
**45,871**
0
0
0
0||
||**28,414**
**-22,929**
**5,485**
**45,871**||
||||
|||930,126
884,255|
|||935,611
930,126|
|||**2025**
**2024**
**£**
**£**
185,028
164,578
217
813|
|||**185,245**
**165,391**
166,324
105,921
12,934
13,599
502
670|
|||**179,760**
**120,190**|
||||
|||**5,485**
**45,201**|
## **PENNINE HERITAGE LIMITED (Company Number 1445673)**
## **Balance Sheet as at 31st March 2025**
|**Fixed Assets**
**Notes**
Tangible Assets
8
**Current Assets**
Stocks
9
Debtors
10
Cash at Bank
11
Creditors
Amounts due within one year
12
**Net Current Assets**
Creditors
Amounts due after one year
12
**Total Net Assets**
**Funds**
13
Unrestricted Funds
Restricted Funds
**Total Funds**
**Opening Balance Funds**
**Funds Generated in the Year**
**Total Net Assets**|**£**
**£**
**31/03/2025**
**31/03/2024**
867,668
792,010
1,000
1,000
16,569
15,973
188,961
267,481
-19,912
-20,624
186,618
263,830
-119,344
-126,383
**934,942**
**929,457**
928,702
909,599
6,241
19,858|
|---|---|
||**934,942**
**929,457**
**929,457**
**884,256**
**5,485**
**45,201**
**934,942**
**929,457**|
These accounts have been prepared in accordance with special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31st March 2025 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the prepartion of accounts.
## Approved by the board on 23rd December 2025
And signed on its behalf by:
Mike Tull
**PENNINE HERITAGE LIMITED (Company Number 1445673)**
## **Notes to the financial Statements for the Year Ended 31 March 2025**
## **PENNINE HERITAGE LIMITED (Company Number 1445673) Notes to the financial Statements for the Year Ended 31 March 2025**
## **Note 1**
## **Accounting Policies**
## **Accounting Conventions**
**The financial statments have been prepared under historical cost convention in accordance with Financial Reporting Standards for Samller Entities, and the Charities Act 2006 abd Statement of Recommended Practice Accounting and Reporting by Charities 2005.**
|**2. Voluntary Income**
Donations
NationaL Lottery Heritage Grant
Calderdale Metropolitan Borough Council
**3. Investment Income**
Deposit Account Interest
**4. Incoming Resources from Charitable Activities**
Rents from Birchcliffe Hostel
Rents from Birchcliffe Offices
Recharges - Utilities
Archive Income
Publications
Sundry Receipts
Room Hire
Studio Hire
Renewable Heat Initiative
**5. Resources Expended - Charitable Activities**
Council Rates
Insurance
Light Heat and Water
Telephone and Internet
Office Equipment and Stationary
Repairs and Maintenance
Cleaning|**31/03/2025**
**31/03/2024**
£
£
5,205
17,248
27,414
4,817
1,000|
|---|---|
||33,619
22,065|
||217
813|
||20,833
25,000
61,616
55,034
14,256
6,350
203
540
10,870
566
3,164
1,814
7,208
9,931
5,616
7,436
27,643
35,841|
||151,409
142,512|
||1,572
1,233
10,120
8,533
33,473
23,646
10,999
2,849
8,323
2,105
31,056
15,253
4,178
3,908|
|Sundries
Depreciation
NLHF Project Costs
Mortgage Interest
Bank Charges
Advertising
Prints
Publishing|3,143
1,692
502
670
0
0
13,033
13,598
37
23
2,103
766
669
395
7,366|
|---|---|
||126,574
74,671|
|**PENNINE HERITAGE LIMITED (Company Number 1445673)**
**Notes to the financial Statements for the Year Ended 31 March 2025**|**PENNINE HERITAGE LIMITED (Company Number 1445673)**
**Notes to the financial Statements for the Year Ended 31 March 2025**|
|---|---|
|**6. Resources Expended - Donations**
**7. Resources Expended - Governance Costs**
Payroll Expenditure
Staff Training
Accountancy Costs
Other Professional Services|**31/03/2025**
**31/03/2024**
**0**|
||0|
||50,745
44,732
0
1,095
787
1,346
0|
||53,186
45,519|
**8. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2024
Additions
At 31st March 2025
**Depreciation**
At 1st April 2024
Charge For The Year
**Net Book Value**
At 31st March 2024
At 31st March 2025|**Land &**
**Buildings**
**Plant &**
**Machinery**
**Total**
£
£
£
791,554
20,473
812,027
76,160
-
867,714
20,473
812,027
1,554
18,463
20,017
-
502
502|
|---|---|
|||
||790,000
2,010
792,010|
||866,160
1,508
867,668|
**31/03/2025 31/03/2024**
|**9. Stocks**
Finished Goods
**10. Debtors**
Trade debtors
**11. Cash at Bank**
Business Account
Petty Cash
Reserve Funds
Reserves Account
Cash at Bank|£
£
1000
1000|
|---|---|
||16569
15973|
||69182
113
78039
41626
188960
267472|
**PENNINE HERITAGE LIMITED (Company Number 1445673) Notes to the financial Statements for the Year Ended 31 March 2025**
## **12. Creditors**
## **Mortgage**
**Capital repayments are due on the mortgage as follows**
|**Capital repayments are due on the mortgage as follows**||
|---|---|
|Due withing 1 year
Due in more than 1 year
Total Outstanding
Trade Creditors
Accruals
Bonds
VAT
Total Trade Creditors|**31/03/2025**
**31/03/2024**
13,500
13,706
126,000
126,383
139,500
140,089|
||0
13706
500
500
3013
3013
2899
3405|
||6412
20624|
## **13. Contingent Liabilities**
Heritage Lottery Fund
The Charity must continue to own and keep exclusive control over what happens to the Birccliffe Centre property, and must not sell, let or otherwise part with it without the approval of the Heritage Lottery Fund beforehand.
Should approval be granted the Heritage Lottery Fund reserves the right to request whatever payment it deems appropriate in the circumstances.
This may be;-
a) a proportion of the sales proceeds, equivalent to the original cost; or
b) a portion of the grant spent on the assets concerned; whichever is greater.
The Heritage Lottery Fund may also decide not to ask for repayment of the grant (or any part) for any reason, but it is for the to decide that.
## **14. Ultimate Controlling Party**
The Charity is under the control of the board of Trustees.