BLYTH STAR E N T E R P R I S E S FINANCIAL STATEMENTS Blyth Star Enterprises Limited A Company Limited by Guarantee Company Registration Number 02152943 Registered Charity Number 519443 31ST MARCH 2025 www.blythstar.org.uk Ball Tlnile Wllliamson LLP Chartpred Accovntants and Statutory Auditor The Old P05t Offlce 63 Sa￿119 Street North Shields Tyne &Wear NE30 1AY JI * CONTENTS 1-31 Report of the Trustees 32-36 Independent Auditors, Report to the Trustees 37 Statement of Financial Activities 38 Statement of Financial Position 39 Statement of Cashflows 40-53 Notes to the Financial Statements The followlng pages do not fomi part of the financlal statements: 54-59 Detailed Analysis of Income and Expenditure 66 l absolutely love it here. you can just be you, with no one judging you. 8lyth Star Service User. PAGE I REPORT OF THE TRUSTEES The Trustees, who are also Directors for the purposes of company law, are pleased to present their annual Directors. Report together with the flnanclal statements of the Charity for the year ending 31st March 2025. which are also prepared to meet the requirements for Directors, Report and financial statements for Companles Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, th8 Memorandum and Articles of Association and the charities Statement of Recommended Practice (applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. FRS 102) (issued in October 2019). t8f CHAIRMAN'S STATEMENT l am pleased to present the Annual Report for Blyth Star Enterprises Limited for the financial year ending 31 March 2025. This has been another year of resilience. growth. and meaningful impact as we continue to deliver essential advlt social care. day services, and living support services to individuals with complex mental health needs and learning disabilities. Throughout the year, we have remained steadfast in our mlsslon to enable people to live purposeful and fulfilling lives, whatever challenges they face. The need for our services contlnues to grow as communities expertence increasing pressures on mental health and social care provision, and we have responded with determination and innovation. The external environment has remained challenging, marked by continued constraTnts In public sector funding, workforce pressures, and rising operational costs. Despite these obstacles. our dedicated staff, volunteers, and partners have ensured that Blyth Star Enterprises continues to provide high-quality. person-centred support to those who depend on us. Our day and living support services once again delivered thousands of hours of tallored care. focused on empowering individuals to build confidence, develop skills, and achleve greater independence. We are proud that every service user receives support designed around their personal aspirations. promoting dignlty. Incluslon and cholce In all aspects of their lives. During the year. we continued to see measured growth and service development. strengthening existing partnerships and forming new collaborations to meet rlslng demand. This has enabled us to support a larger number of individuals across our communltles and to broaden opportunities for social inclusion, vocational development, and personal achievement. Our impact continues to be reflected in the successes of those we support. Many have transitioned to more independent living arrangements. undertaken training or employment opportunities. and reconnected with their communities - tangible outcomes that demonstrate the power of our work and the commitment of our exceptional team. Looking ahead, we recognise the continuing challenges within the wider social care landscape. However, we remain optirnistic and focused on our strategic priorities: to strengthen our financial sustainability, diversify income streams. and invest in our workforce. By doing so, we will ensure that Blyth Star Enterprises remains robust. adaptable, and responsive to the evolving needs of those we serve. PAGES We will also continue to collaborate closely with local authorities. health provlders, and community partners to enhance integration and advocate for improved social care policy and funding. Our shared goal is to ensure that every individual has access to the right support to live a fvlfilling and meaningful life. I would like to extend my sincere thanks to our trustees for their guidance and commitment. and to our management team and staff for thelr dedication. compassion, and professionalism. You are the foundation of everything we achieve. Finally, l offer my gratitude to our funders. partners. and supporters. Your belief in our mission and continued generosity make it possible for us to deliver life-changing services and opportunitles for the people who rely on us. As we move forward into 2025-26, we do so with confidence. purpose. and a deep sense of pride in what we have accomplished together. With your continued support, Blyth Star Enterprises will remain a beacon of hope and opportunity for those living with complex mental health needs and learnlng disabilltles. Tim P. Chrisp JP Exeeutlve Chaimian CHIEF EXECUTIVE'S STATEMENT Li)oking back at 2024125,1 feel extremely proud at what we have achieved and l am filled wtth appreciation towards our dedicated workforce who are the ones who have helped to make it all happen. This year, Blyth Star Enterprises has preserved its commitment to delivering high quality. person- centred support to our Sen￿Ce users, providing safe and effective services which respond to each indivtdual's unique needs and promote health, wellbeing and independence. This would not be possible without our wonderful, dedr¢ated and committed staff team to wh¢)m l am truly gratefiJl. Our community based services remain local to Northumberland. providing integrated support to 287 people across Blyth Star's Imng support and day servÉ¢es. Through open communication and idea shariThJ between departments, our services remain true to our vision arKI core values. Our common purpose recognises the importance of partnership worf(ing. and this year has seen a strengthening of relationships in a sector with an ever fluctuating landscape. l am assured and privileged that Blyth Star Enterprises plays a key role in our local health and s¢xial care economy. I believe, and have been infomied by stakeholders, service users and their family members that our Organisation has an excellent reputation among our Commissioning partner agencles. Again, this would not be possible wthout the steadfast commitment of our work force. I would also like to thank our numerous Grant Funding Partners for their continued generosity which has enabled us to modernise and develop our Day Serwices to help us to better meet the ever changing needs of our client base of adults with complex mental health needs and leaming disabilities. and for this we are most grateful. The biggest changes we have seen to our semces in light of the generosity of our grant funders has been the addition of both a dedicated teaching and leanwng centre and a kitchen garden at our horticultural day seN¢e at Stakeford Nurseries. Hamng commenced work on the construction of the centre in the last financial year, I'm delighted to share that it is now fully functional and promding the ideal, year-round leaming envlronment for our senrice users participating in our NOCN-endorsed horticultural training programmes. The kitchen garden, which began taking Shape in earfy 2025. is also making fantastic progress and wll soon be providing high-quality. fresh produce to our kitchen at The Steamboat day serwice centre. I'd like to close by expressing my sincere appreciation to all Blyth Star Enterprises employees, partners, and trustees for their ongoing commitment. Your dedication makes tt possible for us to deliver on our core objectives. uphold our values year after year. and continue supporting the people at the centre of our Charity. Julie Dixon Chief Exe¢utive Offlcer OUR PURPOSES AND ACTIVITIES The Charlty's purposes are set out in the objects contained In the company's Memorandum of Association. ABOUT US Blyth Star Enterprises works alongside people aged 18 and upwards with mental ill health and or learning and other disabilities to enable them to have meaningful and independent lives within their local communities. We support people to develop and take control of their own lives using a person-centred approach focused on rehabilitation and recovery. Our services include: Living Support Community Residential Rehabilitation Day Services Tralnlng and Employment Training Lif8 Coaching Social and Leisure Activitl8S OUR VISION People with individual needs living the life The organisation is based upon three fundamental principles: SOMEWHERE TO LIVE. SOMEWHERE TO WORK. SOMEONE TO CARE. WHERE WE WORK We are a local organisation operating primarily in the South East of Northumberland. which contains some of the most deprived areas in all of Northumberland. We are also increasingly delivering services in the North and West of the county as the demand for our services grows. Working in partnership with people we support, their families or carers and our commissioners, being person-centred and focussing on what is important for every person is our passion. We pride ourselves on our ability to have a positive impact on people's lives. We recruit, train and support our staff to help people to maximise their independence and to have choice and control over their lives. ABOUT US For people with mental ill health. Through recovery focused. age appropriate and person centred svpport. we encourage people with mental ill health to take back control of their own lives as much as they can. For people with learning and other disabilities; y delivering a range of flexible care and support services. we will ensure that people living with learning and other disabilities are as independent as possible and connected with their local communities. OUR VALUES Treat people with dlgnlty and respect Llsten to ensure we dellver agreed plans and outcomes Give people power to make choices Encourage skill and expertise throughout the organisation Support people to be involved with thelr communities Welcome and support innovatlon and new ideas to maximise our impact Take responslblllty for our actions and act fairly Promote leadership and learning Be honest, open and accountable OBJECTIVES AND ACTIVITIES POLICIES AND OBJECTIVES In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. SUMMARY OF OBJECTS AS SET OUT IN THE GOVERNING DOCUMENT The charitable objects are: To work with people who experlence mental 111 health and or learning and other dlsabllltles, to enable them to live and work Independently within their own local Community and to support them towards achieving a quality of life. The provision of communlty residentlal rehabilitation, living support, day serolces, training and employment training senil¢es. STRATEGIES FOR ACHIEVING OBJECTIVES In order to achieve the objectives, the Charity provides community residential rehabilitation, living support, day services, training and employment training services, advice and support for people with mental ill health and or learning and other disabilities and their families and carers in Northumberland and other neighbovring Local Authority areas. Blyth Star Enterprises Limited is very involved in the local commvnity and as such, is indebted to a number of local businesses for their support and volunteers who provide their services without financial reward. *4•.* ACHIEVEMENTS AND PERFORMANCE GOING CONCERN REVIEW OF ACTIVITIES - OVERVIEW After making appropriate enquiries. the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they will continue to adopt the going concern basis in preparing the financlal statements. Further details regarding the adoptlon of the going concern basis can be found In the Accountlng Policles. Blyth Star Enterprises Limited has continued to maintain its primarily organic seNice growth and innovative modernisation across all areas of the organisation. Our actual impact remains focused on our Organisations, principles of Somewhere to Live. Somewhere to Work and Someone to Care. The Organisations. services are dellvered across two key areas: Living Support SeNlces and Day Services. LIVING SUPPORT SERVICES The 2024-2025 financial year has been very successf ul for Blyth Star Enterprises, Living Support Services. within the community. We have achieved this this financial year and now have three bungalows withln our outreach service, two of which have tenants who are incredibly settled. The third bungalow needs a little bit of maintenance work carried out before a tenant can move In, and we are in the process of sourcing a contractor. All of our independent supported living accommodation within our apartment buildings- Custom House and Bradbury's Old Chandlery, have remained occupied throvghout the period by the same group of tenants, all of whom have complex mentsl health needs and learning disabilities. All compliance is also, at the time of writing, up to date for both buildings. Within our Outreach service, referrals remain healthy and calls from care managers requesting increases in support for their clients who we already support in the community continve to happen, which is testimony to the fantastic job that our outreach workers do, day In, day ovt. Sadly. we have had a few bereavements this year among our service users, some of whom we had worked with for a very long time, whlch has been incredibly sad for our staff. The extension to Custom House. whlch was partially grant funded. has finally been completed within this financial year and is already making a huge difference to the lives of our long-term residents. providing them with the indoor social space they need to support them in their personal recovery jovmeys. We have plans in place to get the kitchen in the new communal area up and running as a working kitchen. where our service v5ers can learn cooking skills by helping staff prepare meals for all of our residents to enjoy. From a staff perspective, we have seen some changes as a result of a number of staff members reaching retirement age. however. our policy of continuous recruitment to our bank staff has ensured consistency in staff ratios to allow us to backfill positions quickly so we can continue to operate efficiently. In last year's report. we shared that we were looking to further expand our portfolio of properties .PAGE9 DAY SERVICES (OVERVIEW) While we seek to develop the potential of all individuals who attend Blyth Star's seNices, it is important to understand individuals. limitations too. Many of the seNice vsers that we work with are. for the most part. not able to enter competitive employment market due to the nature of their disabilities, which is why we provide sheltered work environments and seek to make these as real and as empowering as possible. We currently have approximately 140 people using these servlces, of which two thirds are under the age of 40 and many of whom may require our support for the foreseeable future. This long term service therefore needs to remain relevant, interesting. challenging and sustainable. THE STEAMBOAT AC7E 10 The 2024-25 financial period has been another remarkable year at The Steamboat. Our referrals are increasing organically month on month and we now support 59 service users, ranging in age from 22 to 81. With such a diverse service user age range. and an even more diverse array of needs to support, we are constantly making changes and coming up with new ideas to keep our services at The Steamboat fresh and relevant. LIVING SKILLS PAC1E 11 While we have always offered elements of Living Skills support and training at The Steamboat, last year, we took steps towards formalising this into a modular framework of training. Comprising five separate Units designed to cover all aspects of essential living. the year-long training programme received external endorsement from the awarding organisation, NOCN, in 2024 and we're delighted to share that six of our service users have now svccessfully passed through the programme. We're now working with them continuously to improve their confidence so that they can safely apply what they have learned within their own homes. CELEBRATING DIFFERENT CULTURES As part of our monthly activity planning at The Steamboat, we always endeavour to include any celebrations or cultural events which our service users can enjoy and learn about at the same time. This year. we have taken part in both Burns Day and Chinese New Year. For each event, our kitchen team prepared a special meal for our service users to enjoy, while service users themselves enjoyed making decorations and learning about the cultural significance of the celebrations. DAY TRIPS AND VISITS Our servlce users do Ilke to get out and about and explore new places. Thls year, as well as our usual visits to the local park, beach and cafe's, we were fortunate enough to receive compllmentary tickets from National Trust for all of our service users to visit Seaton Delaval Hall and experience Lvke Jeram's 'Hellos' a scale model art installation of the sun, which was suspended from the ceiling of the Great Hall. THE STEAMBOAT KITCHEN We were delighted to once again receive a 5-star hygiene rating for our kitchen at The Steamboat this financial year. Dan, our Catering Supervisor has been an asset to the team since joining Blyth Star in August 2024 and has been doing some wonderful work with our service users, helping them to develop their own cooking skills and delighting us with his increasingly creative pudding ideas. ARTS AND CRAFTS Arts and crafts are very important to our service users who attend The Steamboat. Many of our service users are highly creative and find the time that they spend engaging in arts and crafts very important to their sense of wellbeing. During the last financial year, we started working on a big group project to create a 'fidget' or sensory blanket- a kind of sensory aid designed to provide stimulation and engagement for individuals with sensory processing disorders, dementia or other sensory-related challenges. Our service users enjoyed this project so much, they went on to make two more, all of which were then donated earlier in 2025 to a local care home in Blyth. Another hvge creative success during this financial period was a personal triumph for one of our service users, Connor. Connor handmade a set of incredibly detailed, highly delicate dolls he named the 'Chelsea dolls.. With bodies made from Hama beads, Connor went on to hand make all of the dolls, outfits, even going as far as customising their make up and hairstyles. STAKEFORD NURSERIES The 2024-25 financial year began on a high note at stakeford Nurseries with a bumper spring season. Sales of bedding and hanging basket plants were extremely successful, allowing us to extend our opening hours to include Saturdays. I i • COMMERCIAL SUCCESSES By the start of March, our commercial contracts for gardening services with Port of Blyth had been agreed, and we officially began work for them. Around the same time, exciting progress was made on our new on-site teaching and learning centre for delivering our programme of in-house horticultural training, with approval for construction granted by Northvmberland County Council. Construction works on the Centre continued steadily over the months that followed and through the Christmas period, and by the end of March 2025, we proudly had a fully painted and near-complete bvilding. In May. we delivered a commission of fully planted hanging baskets for Sanderson Arcade shopping centre in Morpeth, a highlight of our commercial work, while our garden maintenance team began taking on residential gardens for the season. Before our homegrown fruit and vegetables were ready for sale, we trialled the buying in out-of- season varieties to maintain income during the quieter months. This enjoyed mixed success, but the local appetite remains for ovr homegrown produce. The festive season brought continu@d success. Our Christmas wreaths and Christmas trees sold exceptionally well. with sales surpassing the previous year's figures. Throughout the year, we continued to supply our organic plug plants, introducing a small price increase to cover rising costs and strengthen our profits. .Y TEAM ACTIVITIES Beyond the day-to-day work, we also made time for a range of team and service user activities. On 16th April 2024, we attended a Futures Event at Kirkley Hall to promote our day service to students, helping to raise awarenes5 and build future connections. September included enjoyable trips to Harrogate and Beamish, while December featured our annual Christmas lunch at the Foresters Arms and a trip to see a local pantomime. We rounded off the reporting period with a fun bowling outing on 4th March. Overall, 2024-2025 was a year of growth, hard work, and achievement, marked by successful sales, new partnerships. an exciting building project, and a strong sense of community throughout. 1111 I Welconie lo SlqkvlvrdiNur¥erieb THE WOODFUEL CENTRE 2024-25 has seen another busy year at The Woodfuel Centre. As ever. the winter months of 2024 saw our teams out on the road making multiple deliveries of logs and kindling per day to our cvstomers all across Northumberland. And when spring and summer 2025 came around, we started preparing in earnest for the next winter season. SERVICE IMPROVEMENTS SERVICE USER SUCCESSES Having èxperienced unprecedented levels of rainfall in the 2023-24 winter season, in this financial year, we agreed to make a capital investment into the development of a partially covered agricultural building to create a fit for purpose drying area for our air-dried logs. This has allowed us to keep our stock clean and dry and enabled us to meet the minimvm moisture requirements for our customers and ourwoodsvre Ready to Burn accreditation. Matty, one of our young service users at The Woodfuel Centre successfully completed a 4-day on-site training course to allow him to operate the factory's fork lift trvck. This was a great personal achievement for Matty. His confidence and proficiency driving the fork lift has been a fantastic asset to our existing driving team, and it has been great to see him helping out with the lifting and moving of logs and kindling within the factory unit. DAYS TRIPS AND VISITS At the end of the busy cutting season, our service users enjoyed a well deseived break. taking part in a number of day trips out to the Eat for England giant spoon sculpture, the Angel of the North. Craster and Dunstanburgh castle and the Discovery Museum in Newcastle. l•. HAPPY 50TH BIRTHDAY. RUSSELL One of The Woodfuel Centre's longest standing service users, Russell, celebrated his 50th birthday in summer 2024. To mark the occasion, Blyth Star threw Russell a birthday BBQ and invited all of the seNice users from acros5 Its day services to attend. Russell's magnificent birthday cake was made by one of Blyth Star's bank staff members. Susan. It was wonderfully crafted with all of Russell's favourite things represented In the decoration. including. of course, The Woodfuel Centre. WOODWORK DEPARTMENT "PAGid Our Woodwork Department has also enjoyed a fantastic year in its own right. We were delighted to be approached by Shanklea Primary School in Cramlington to help them create a new forest school area where children can explore the great outdoors and be with nature. We have also completed a number of successful private commissions for garden sheds and log stores and our ever-popular wooden tortoise planters, which sold out repeatedly from the retail unit at stakeford Nurseries. The biggest success for the Woodwork Department however was the recognition the service received from the High Sheriff of Northumberland. Having hosted the High Sheriff for a visit to The Woodfuel Centre and Woodwork Department in early 2024, we were invited to apply for a High Sheriff's Award through the Community Foundation, which we won - receiving £1,500 to put towards the cost of some new equipment and software for the department. We were then asked by the High Sheriff personally if we could make a series of wooden medals. designed to be presented to all of the award winners at a ceremony hosted at the Alnwick Playhouse in March 2025. TRAINING We have seen some fantastic progress made by both staff and service users with various training courses and opportunlties provided by and through Blyth Star Enterprises this financial year. STAFF SUCCESSES Our commitment to ensuring that all of our newly recruited Support Workers enrol for their Care Certificate is ongoing. with the majority of our new starters for the financial period 2024-25 now through their training. All staff continue to complete the mandatory training required as per their roles via various online training platforms, and all staff required to complete their essential first aid at work training have attended their one-day course. EXTERNAL ENDORSEMENT We're incredibly proud that all of Blyth Star's in-house training programmes have now been externally endorsed by the awarding organisation. NOCN. This Includes.. The Woodfvel Centre Operations Training Programme The Woodwork Operations Training Programme Stakeford Nurseries Garden Maintenance Training Programme stakeford Nurserles Retall Tralning Programme Stakeford Nurseries Horticulture Training Programme The Steamboat Living Skills Training Programme ONEY SERVICE USER SUCCESSES During the period. we had 65 service users registered to take part in ovr various endorsed training programmes- 18 13 at The Woodfuel Centre in the Woodwork Department 27 at The Steamboat at Stakeford Nurseries si¥)3 5Sitr391 '•>5 21 FINANCIAL REVIEW PRINCIPAL FUNDING SOURCES The principal fvnding sources of the Charity are the provision of a community residential rehabilitation and recovery service. living support outreach services, independent supported living services, day services, training and employment training services. Thèse servleos r•present 90.77% (2024" 94.44%) of the Charlty's total Income whlch Is a decrease on tho prevlous year due largely to the change In re¢ognltlon of a portlan of eare management Income to grant income this year. EXPENDITURE Expenditure has increased compared to the previous year primarily due to the organic growth in service delivery, the effect of Living Wage pay awards made to employees and the impact the enduring cost of living crisis is having on all bvsinesses. STATEMENT OF FINANCIAL POSITION Our statement of financial position continues to grow stronger wlth total reserves of £2.790,309 (2024: £2.531.674) primarily unrestricted In nature. We invested £218,1S7 in capital assets during the year (2024: £7.470). in our freehold property and our plant and equipment. We will continve the policy of investing where necessary to modernise. remain safe and where possible, provide improved care at optimvm cost. Net current assets at the year-end were £912,923 (2024: £818,915). FINANCIAL AND RISK MANAGEMENT OBJECTIVES AND POLICIES As a registered Charity, the financial objectives of Blyth Star Enterprises Limited are.. To be financially stable at all tlmes and to maintain sufficient reserves to achleve thls. To control 8XP8nditure and operate efficiently. To be managed professionally and prudently in line with policies agreed by the Board of Trustees. To monitor, control and mlnlmise all flnancial and other rlsks. To generate operatlng surpluses and to re-lnvest these towards the achievement of our charitable objectlves. Financial Risk Management Policy Internal f inancial controls are regularly reviewed In Ilne with guidelines set by the Charity Commission. This is the responsibility of senior management and the Board of Trustees. The charity manages its cash resources. including sufficient working capital. so that operating needs are met without the need for regular short term borrowing, any surplus cash is invested so as to maximise interest income. The charitable company is exposed to price risk in terms of statutory funding levels but is content that these are in line with those in the sector and budget accordingly. Credit risk is managed through regular contact with funders, liquidity and cash flow risks are managed through appropriate and carefully managed use of financial instrvments with our principal bankers. Investment Powers and Policy Under the Memorandum and Articles of Association the Charity has the power to invest in any way the Trustees wish. Reserves Policy and Going Concern The Board of Trustees of the Charlty have a strategy of continuing wherever possible to build reserves through planned operating surpluses. They are aware that a prudent approach, particularly in the current climate of financial and economic uncertainty, must be maintained to ensure that sufficient reserves are available to provide resources and flexibility to achieve future plans. Should the Charity generate financial surpluses. the current reserves policy allows for up to six months running costs to be kept as an uncommitted reserve. Any funds remaining should be committed to works and seNices which meet the aims of the Charity. although once committed, these do not have to be spent within one financial year but become restricted funds. At 31st March 2025 unrestricted reserves were £2,588,693 (2024: £2,284,897) and six months running ¢¢$t$ amounted to £1,191,355 (2024: £1,119,819) the Trustees are therefore pleased to report that unrestrl¢ted reserves exceed the minimum target by É1,397,338 (2024: £1.165.078). Whilst this is reassuring. ongoing and increasing uncertainty in our areas of activity suggest we continue with our prudent approach in respect of our reseNe levels. The growth in reserves will be achieved through Continued income generation, establishment of unrestricted income streams and sound financial management but we are mindful that we still need to invest in our current projects or any future project that arises which will be of benefit to the Charity. PLANS FOR FUTURE PERIODS The Trustees and senior management team have set out a growth strategy for Blyth Star Enterprises Limited focused on the expansion and modernisation of our services. This expansion and modernisation will generate year on year surpluses that we can re- invest in our staff to improve our service delivery and provide even better support to people with mental ill health and or learning and other disabilities. their families and carers. The Trustees are committed to continuing to invest in our Organisation through the use of our reserves and grant funding, rather than cut back on the services that we provide and the resultant impact that we can achieve for our beneficiaries. Ir PAGE 25 REFERENCE AND ADMINISTRATIVE DETAILS Charity Name: Charity Registration Number: Company Registration Number: Registered Office and Operational Address". Blyth Star Enterprises Limited 519443 02152943 The Old Chandlery 30 Ridley Street Blyth Northumberland NE24 3AG Bankers: Barclays Bank PLC 50-51 Northumbrla Hovse Manor Walks Shopping Centre Cramlington Northumberland NE23 6QP Senior Statutory Auditor: Emma Hartshorne-Fergu$on BA FCA Bell Tindle Williamson LLP The Old Post Office 63 Saville Street North Shields Tyne and Wear NE30 IAY Solicitors: Carr & Co Arms Evertyne House Quay Road Blyth Northumberland NE24 2AS DIRECTORS AND TRUSTEES The directors of the charitable company (the Charity) are its Trustees for the purposes of Charity law. The key management personnel who served during the year and since the year end were as follows: BLYTH STAR ENTERPRISES LIMITED: TRUSTEES AND DIRECTORS Elected Trustees: T.P. Chrisp JP (Chairman) Dr Susan McAnelly JP | Appointed 21.5.25 Gordon Moore MBE | Appolnted 31.1.25 Michael Jackson l Appointed 31.1.25 Anthony John Rallton | Appointed 31.1.25 Mrs S.M. Herron Stephen Glbson Mrs L. Tweddle l Resigned 24.6.25 Joanne Hunter l Appointed 31.1.25 BLYTH STAR ENTERPRISES LIMITED: MANAGEMENT Chlef Executlve Officer: Consultant: Ms J. Dixon G. Moore MBE STRUCTURE. GOVERNANCE AND MANAGEMENT NATURE OF GOVERNING DOCUMENT AND HOW THE CHARITY IS CONSTITUTED Blyth Star Enterprises Limited was incorporated in the UK as a company limited by guarantee on 6th August1987 and as a charity on 30th October1987. The Company was established under a Memorandum of Association which states the objects and powers of the company and is governed under its Articles of Association dated18th Jvne1987 (updated 25th September 2015). In the event of the Company being wound up, the members are required to contribute an amount not exceeding É10. The charitable company is managed by Trustees with expertise relevant to the management of the company. The Trustees meet quarterly to monitor performance. agree resource allocation, identify and agree solutions to problems and respond to any opportvnities that arise. The Chief Executlve Officer meets regularly with the Chairman of the Board of Trustees to discuss performance. APPOINTMENT OF TRUSTEES The Directors of the Company are also Charity Trustees for the purpose of Charity law. Should Blyth Star Enterprises Limited wish to recruit a new Trustee there are formal procedures in place to ensure a good candidate is selected. There is no speciflc age group or experience required to be a Trustee, however Trustees must not have unspent convictions for offences Invo￿1ng deception or dishonesty and be willing and able to demonstrate that they can add to range of skills and experience present in the e￿stIng Trustees. They should also be able to demonstrate their commitment to actively participate in the govemance and development of the company outside of Board meetings. The Board of Directors will strive to recwit new Trustees from within the area of influence of the Charity, from wider professional spheres, i.e. local business community and people with experience of providing, organisiThJ or administering employer training. In addition it will actively seek to recruit people with experience of mental111 health and leaming dlsabilities. their families or carers. Under the requirements of the Articles of Association, members of the Board are nomially elected at the Annual General Meeting (AGM), with one third of the Board resigning at each AGM,. this number being made up of those who have been appointed to the Board longest since their last appointment. TRUSTEE INDUCTION AND TRAINING There is a formal induction process for all new Trustees. This includes an orientation by the Chaimian and Chief Executive Officer and the promsion of an infomiation pack which explains thelr legal obligations under Charity and company law. The pack also contains the Charity Commission publication "The Essential Trustee" and specific guidance on public benefit and conflicts of interest and informs them of the content of the Memorandum and Articles of Association. the committee and decision-making processes. the current busin&ss plan and recent financial performance of the Charity. During the induction they meet key Èmployees and other Trustees. Trustees are encouraged to attend appropriate extemal training events where these will facilitate the undertaking of their role. ORGANISATIONAL STRUCTURE AND HOW DECISIONS ARE MADE The Charity has no fixed rnaximum of Trustees. Ctjrrently there are eight Trustees who meet as a Board to discuss and decide the policies and strategy of the Charity. Individval Trustees partbcipate in other meetings in between Board meetings specific to their areas of interest. The Trustees have the ultimate responsibility for establishing the strategic direction and corporate objectives of the Charity with the day-to-day running of the Charity being the responsibility of the Chaimian. the Chief Executive Officer and the Day Services Operations Manager. Committees of Trustees are formed as and when required to cover Audit and Finance, Care Quality, Health and Safety and Risk. The Chief Executive Off icer is assisted by the Day Senrices Operations Manager and a variety of seNice level agreements for essential support Se￿iCes. RELATED.PARTIES AND CO-OPERATION WITH OTHER ORGANISATIONS Blyth Star Enterprises Limited is a specialist provid8r of car@ for people with mental ill health and or learning and other disabilities. Services are commissioned by Adult Social Services departments within local councils in the North East of England primarily but not exclusively Northumberland. The Charity enjoys good relationships with a variety of other local and national partners and statutory bodies. PAY POLICY FOR KEY MANAGEMENT PERSONNEL The pay of Key Management Personnel is reviewed annually and normally increased in accordance with average earnings. The Trustees benchmark against average pay levels of other charities and similar organisations within the sector and in the region. Pay levels are set using this information together with budget and forecast infomiation. ensuring that the Charity can afford and proposed increase. The Trustees then agree any uplift to remuneration. PRINCIPAL RISKS AND UNCERTAINTIES Blyth Star Enterprises Limited operates within a highly regulated environment, with the majority of its income derived from the provision of services commissioned by a small number of public funders. As such, the principal risks and uncertainties for Blyth Star Enterprises Limited are= Flnanclal constralnts placed on all care provlders by public sector commlssloners, as they In turn face flnancial cutbacks. Thls Is a challenge faced throughout the care sector and is by no means unique to Blyth Star Enterprises Llmlted. Fallure to meet the requlrements of our varlous regulators rosvlting In the inablllty to provlde services. Changes in legislation affecting businesses in general. such as pension auto-enrolment and changes to the Natlonal Living Wage. These lead to increases In our operatlng costs and again are not unique to Blyth Star Enterprises Limited. Changes in legislation affecting charities and the care sector. including additional compliance requiremgnts. RISK MANAGEMENT The Trustees understand the importance of assessing major risks to which the Charity is exposed. There are appropriate systems. controls and procedures in place to minimise and mitigate any principal risks and uncertainties. The following major risks to which Blyth Stsr Enterprises Limited is exposed are regularly reviewed: Financial (fravd, insufficient income, exceptional costs) Service delivery {recrvitment or loss of staff, loss of contracts) Governance (recruitment or loss of Trustees and management) Growth rlsks (fallure to achieve long term objectlves, availability of investment) Externallpolitical (Government pollcy changes, Local Authority changes) Quality and reputatlon (compliance failure, breach of law or regulatlons, serious incident, adverse publiclty) Blyth Star Enterprises ￿Mited has reviewed its organisational risk management and assessment policies and procedures and Uses the services of specialist Health and Safety/Risk Management advisors to help oversee this area of work. supported by the Senior Management team and Trustees. TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The Charity Trustees (who are also Company Dlrectors for the purposes of company law) are responsible for preparing a Trustees, annual report and financial statements in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requlres the Charity Trustees to prepare flnanclal statements for each year whlch glve a true and falr vlew of the state of affairs of the charitable company and of the incoming resources and appllcatlon of resources. including the Income and expenditure for that perlod. In preparing those financlal statements, the Trustees are requlred to: Select sultable accounting policies and apply them consistently. State whether applicable UK Accounting Standards have been followed, subject to any rnaterial departures disclosed and explained in the financial statements, and: Observe the methods and principles in the Charities SORP. Make sound Judgments that are reasonable and pnjdent; Prepare the financial statements on the going concern basis unless It is inappropriate to presume the charitable company will continue in business. The Trustees have overall responsibility for ensurrng that the charitable company has appropriate systems and controls, financial and otherwise. The Trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees 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 and to provide reasonable assurance that.. Blyth Star Enterprlses Llrnited is operating efflciently and effectively. Proper records are malntalned. and financial information used within Blyth Star Enterprises Limited is reliable, and. All assets are safeguarded against unauthorised use or disposltion and are properly applied. Blyth Star Enterprises Llmited complles with relevant laws and regulations. The Trustees are responsible for the maintenance and integrity of the corporate and financial infomation included on the charltable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financlal statements may differ from legislation in other jurisdictions. STATEMENT OF DISCLOSURE TO THE CHARITY'S AUDITORS In so far as the Trustees are aware at the time of approvlng our Trustees, Annual Report: There Is no relevant Informatlon, being information needed by the Charity's auditors In conne¢tlon with preparing their report, of which the Charity's auditors are unaware, and. The Trustees, having made enqulries of fellow dlrectors that they ought to have indlvldually taken, have each taken all the steps that he/she Is obliged to take as a director in order to make themselves aware of any relevant informatlon and to establish that the Charity's audltors are aware of that informatlon. INDEPENDENT AUDITOR Emma Hartshome-Ferguson BA FCA and Bell findlewllliamson LLP are deemed to be re-appointed under Section 487{2) of the Companies Act 2006. Re-appointment will be confirmed at the next Annual General Meeting. This report was approved by the Trustees on 22nd December 2025 and signed on their behalf by: Tim P. Chrisp JP Executive Chairman BLYTH STAR F N T E R P R I S E S vww.blythstar.org.uk Page 32 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUAIL4NTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2025 OPINION We have audited the financial statements of Blyth Star Enterprises Lin]iied (the 'charilable companl) for the year ended 31 st March 20?5 which comprise the statement of financial activities (incorporating income and expenditLLre account), the statement of financial position, the slalejnenl of cashflows and the related notes, including a summary of significant accounting policies. The financial reportiiig frarnework that has been applied in their preparation is applicable law and Ulliied Kingdon] A¢¢ounting Standards, including FRS 102 The Financial Reporting s￿lldard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the fillancial statements: give a true and fair view of the slate of the charitable company's affairs as at 3 1st March 2025 and of its incoming resources and application of resources 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 Ibe requirements of the Companies Act 2006. BASIS FOR OPINION We conducted our audit in accordance with International Standards on Audiling (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standard% are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable eompany in accordance with the ethical reqLLirements 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 aG¢ordan¢e with these requirements. We believe that the audit evidence we have obiatned is sufficient and appropriate to provide a basis for our opinion. CONCLUSIONS RELATING TO GOING CONCERN In auditing the [￿anCIal stalemenls, we have concluded that the trnstees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfonned. we have not identified any material uncertaintie5 relating to events or conditions that, individually or collectively, may cast signifLcant doubt on the charitable company's ability to continue as a going concern t.or a period of al 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 ol this report. Page 33 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2025 OTHER INFORMATION The other inforn]ation comprises the information included in the Report of the TNslees, other than the financial statements and our auditor's report Ihereon. The triistees are responsible for Ihe other information. Our opinion on the rinancial siaieinenis does not cover the other inforn]alion and, except to the extent oihenvise explicitly stated in our report. we do not express any forn] of assurance conclusion thereon. In connection with our audit of the fmanctal statements, our responsibility is to read the other infomation and, in doing so, consider whether the other inforn]ation is materially inconsistent with the financi&l statements or our knowledge obtained in the audit or othenvise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to deterniine whelher there is & material misstatement in the financial slateTnenls or a Inaterial mi5Statement of the other inforn]ation. If, based oin the work we have perfornied, we conclude that there is a material misstatement of this other infonnalion, we are required 10 report that fact. We have nothÉng lo report in this regard. OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006 In our opinion, based oll the work undertaken in the course of Ibe audit.. the inforniation given in the Report of the Trustee5 for the financial year for which the financial statements are prepared is consistent with the financial statements; and the Report of the Tnjstees has been prepared in accordance with applicable legal requirements. MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTIO In the light of the knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identified material rnisstalements in the Report of the Trustees. We have nothing to report in respect of the following n]atters in relation to which the Companies Act 2006 requires us to report lo you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received fro branches not visited by us. or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of Trustees, and key managernent persotmel remuneration specified by law are not made; or we have not received all the infonnation and explanations we require for our audit- or the trustees were not entitled to prepare the financial statements in accordance with the small companie% regime and lake advantage of the sinall companies, exemptions in preparitLg the truslees/directors' report and from the requirement to prepare a strategic report. Page 34 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2025 RESPONSIBILITIES OF TRUSTEES As explained more fully in the trusiees, re5pon5ibilities statement, the trustees are responsible for the preparation of the financi&l statements 2Thd 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 frorn material misslatemenl, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing ihe charitable compangs ability to continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the tluslees either intend lo liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objeelive% are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasoiiable assurance is a btgh level of a85urance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will alway4 detect a material misstatement when il exists. Missl<ments can arise from fraud or error and are considered material if, individually or in the aggregaie, Ihey could reasonably be expected to influence the economic decisions of users taken on the basi5 of these financial statements. Irregularitie8, ineluding fraud. are inslallces of non-compliance with laws and regulalions. We design PTocedures in line ith our responsibilities, outlined above, to detect material misstatements in Tespect of i￿egUlar1ties, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below: Our approach to identifying and assessing the ri%k% of material misstatement in respect of irregularities, including fraud and llon-compliance witli laws and regulations, was as follows.. The engagemenl partner ensured that the engagement team colLectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations. We identified the laws and regulation8 &pplicable to the charitable company through discussions with trustees and other managenienl, and from our commercial knowledge and experience of the charitable sector., We focused on specific l&ws and regulations which we considered may have a direct maleri&l effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anii-bribery, employment, environmental, health and %afety, menial healih and mental capacity We assessed the exlenl of con]pliance with the laws and regulations identified above tI￿ough making enquiries of management and inspecting legal correspondence. and Identified laws and regulations were communicated within the audit team regularly and the tean] remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the ¢harilable Co[npan￿S Financial statemenis to material misstatement, including obtaining an understanding of how fraud Might occur, by: Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud., Page 35 BLYTH STAR ENTERPRISES LIIWIITED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2025 AUDITOR'S RESPOINSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS (coiilinued) Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. and Understanding the design of tbe charitable company's remuneration policies. To address the risk of fraud through management bias and Ove￿ide of controls, we- Perfonned analytÉcal procedures to identify any unusual or unexpected relationships; Tested journal enlrtes io idenlify unusual transactions,. Assessed whether judgemeThls and assumptions made in delerniining accounting estimates were indicative of potential bias,. and Investigated the rationale behind significant or unusual Irllnsactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not lirniled to.. Agreeing financial siatement disclosures to underlying supporting documentation,. Reading the minutes of meetings of those charged with governance; Enquiring of management as to actual and potential litigation and claims; and Reviewing ¢orre.4pondence with HMRC, relevant regulators and the charitable companls legal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial Iransaciionq, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required lo identify non-con]pliance with laws and regulations lo enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misqiatemenls that arise due to fraud can be barder lo detect than those that arise from error as they may involve deliberate concealment or collusion. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional sceplicism throughout the audit. We also- Identify and assess the risks of material misslatemenl of the financial statements, whether due to fraud or error, desigii and perfonn audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misslalement resulting from fraud is higher than for one resulting from error, as fraud m&y involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an underslandtng of internal control relevant lo the audit in order to design audit procedures that are appropriate in the circumstances, bul not for the purpose of expressing an opinion on the effectiveness of the internal control. Page 36 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2025 AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS (ttlllllllEied) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubl on the charitable company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the finanLial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are ba%ed on the audit evidence obtained up lo the dale of our auditor'% report. However, future events or conditions may cause the charitable con]pany to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statemenls, including Ibe disclosures, and whether the financial 8tatements represent the underlying transactions and events tn a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any signiticanl deficiencies in internal control that we identify during our audit. USE OF OUR REPORT This report is made solely lo the charitable company's trustees. as a body, in accordance with chapter 3 OF part 16 of the Companies Act 2006. Our audit work bas been undertaken so that we n]ight .state to the charitable compaiiy's trustees those matters we are required to slate 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 otber than the charitable company and the charitable company's In￿leeS as a body, lor our audit work, for this report, or for the opinions we have fonned. Emma Hartshorne-Ferguson BA FCA (Senior Statutory Auditor) For and on behalf of Bell Tindle Williamson LLP Chartered Accountants & StaMtory Auditor The Old Post otyice 63 Saville Street North Shields Tyne & Wear NE30 IAY 22nd December 2025 Page 37 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIIWIITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES INCORPOIL4TING INCOME AND EXPENDITURE ACCOUNT - YEAR ENDED 31ST MARCH 2025 Unrestricted Restricted Revaluation Fund5 Funds Reserve 2025 Total 2024 Total iyote tLNCOME: Donations and Legacies 68,958 164,534 233,49? 101,966 Inco]ne from Other Trading Activities 71,191 71.191 63,223 Investment Income 10,344 10,344 6,696 Income from charitable activities 2,326,318 2,326,31 s 2,209,339 TOTAL INCOME 2,476,811 164,534 2,641,345 2,381 ?24 EXPENDITURE: C05t5 of Raising Funds: Trading Operations 22,129 22,129 18,483 Expenditure on Charitable Activities 2.238,201 12?.380 2,360,581 2,198,656 Donations and Legacies Transfer 22,500 TOTAL EXPENDITURE 2,260,330 1?2,380 2,382,710 2,239.639 NET tNCOME AND NET MOVEMENT IN FUNDS FOR THE YEAR 216,481 42,154 258,635 141,585 RECONCILIATION OF FUNDS Transfer Between Funds Toial Funds Brought Fonvard 87,315 2,284,897 {87,315) 228,668 18,109 2,531,674 2,390,089 TOTAL FUNDS CARRIED FORWARD ?,588,693 183,507 18,109 2.790,309 2,531,674 The Stalemenl of Financial Aclivilie5 includes all gains aiid losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All income and expenditure derives from continuing activities. The notes pages 40 to 53form parl of thesefinancial stalepnenl Page 38 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH 2025 Note 2025 2024 FIXED ASSETS Tangible Assets 12 1,877,386 1,7 l 2,759 CURRENT ASSETS Stocks Debtors Bank and Cash Balances 13 14 6,125 159,5?5 869,9?7 1,035.577 4,817 340,373 590,709 935,899 CREDITORS - AMOUNTS DUE WITHIN ONE YEAR 15 122,654 116,984 NET CURRENT ASSETS 912,923 8l8,915 TOTAL ASSETS LESS CURRENT LIABtLITIES 2,790,309 ?,531.674 Unrestricted Funds Restricted Funds Revaluation Reserve 20 20 20 2,588,693 183.507 18,109 2,284,897 2?8,668 18,109 TOTAL FUNDS ?,790,309 ?,531,674 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regitne and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. These financial slalements were approved by the directors and authorised for issue on 22nd December 2025 and are signed on Ilieir behalf by.. T. P. CHRISP Chairman Cotnpany Registration Number 02152943 The Aotes on pages 40 to 53form porÉ of thesefinaneial slalements Page 39 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUAIL4NTEE STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2025 Note 2025 2024 Cash floJv5 from operating activities 22 487,031 {33,569) Cash floiv5 from illvestlllg activities Interest received Purchase of tangible fixed assets Proceeds from sale of tangible fixed assets 10,344 (218,157) 6,696 (7,470) 5,208 Cash used in investing activities (207,813) 4,434 Increase l (decrease) in cash and cash equivalents in the year 279,218 (29,135) Cash and cash equivalents al 31 st March 2024 590,709 619,844 Total cash and ca5b equivalents at 31st March 2025 869,9?7 590,709 The notes on pages 40 to 53form parl of thesefinancial statement5 Page 40 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUAtL4NTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows- a) Basis of Pre aration of Financial Statements The financial statements have been prepared under the historical cost convention and ITh accordance with Charities.. Statement of Recommended Practice (applicable to charitie5 preparing their fmancial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. B1￿h Star Enterprises Limited 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 accounttng policy note. The financial slalements are prepared in sterling, which is the functional currency of the entLty. Monetary amounts in these financial statements are rounded to the nearest £. aration of the Financial Statements on a Goin Concern Ba51S The Iruslees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. There are no significant judgements or key sources of estimation uncertainty that effect the financial statements. c) Income All incotne is recognised once the charity has entitlejnent to the income, it is probable that the income will be received and the amount of income receivable can be tneasured reliably. The following specific policies are applied to particular categories of incorne.. Donations and grants are recognised when the charity has been notifted in writing of both the amount and settlement date. In the event that a donation is subject lo condilions that require a level of perfom]ance before the entitled to the fvnd5, Ilie income is deferred until either thoge conditions are fully met, or the fulfilment of those conditions is wholly within the control of Ibe charity and it LS probable that those coiidilions will be fulfilled in the reporting period. Investtnent Èncome is included when receivable. Income from trading aclivÉties És recognised as earned. Income from charitable activities is recognised when an invoice is raised. Page 41 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (ctsiiliiiiled) d) Fund Accountin Unreslricled Funds are funds which are available for use at the discretion of the trusiees in fiutherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted Funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such ￿ndS are charged against the specific ￿nd. enditure Expenditure is recognised once there És a legal or constructive obligation to make a payment to a third party, il is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings-. Cogt% of raising funds comprise Ihe costs of commercial trading included in Day activities and Woodwork, and Nursery aclivilies. Charitable expenditure con]pri5es those costs incU￿ed by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to specific departments and those costs of an indirect nature necessary to support them. Govemance cost% include those costs associated with Meeting the constitutional and statutory requirements of the charity and include audit fees and costs linked to the strategic management of the charity. ort Costs Support cosls are those functions Ibal assist in the work of the charity but do not directly undertake charitable aclivtties. Support costs include office costs, finance, payroll and governance costs which support the charitgs activities. These costs have been included within expenditure on charitable activities. ible Fixed Assets and Restricted Funds Blyth Star Enterprises Limited may receive grants that can only be used for expenditure on flxed assets. The directors consider that the following policies are required to satlgfy their obligations under Company and Charitable Law'.- Expenditure on the fixed asset is capitalised. The fixed asset being depreciated over it4 useful economic life in accordance with the cornpany's accounting policy. Grants received specifically to finance the expenditure are credited to a restricted fund and are transferred to unrestricted reserves when the grant has been spent and the restriction no longer applies. Page 42 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUAIL4NTEE NOTES TO THE FIINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (L'ovliniied) ible Fi¥ed Assets All fixed assets are initially recorded al cost, and subsequently slated al cost less any accumulated depreciation and impainnenl losses. Depreciation is calculated to write off Ihe cost of fixed assets over the expected use￿1 lives of the assets concerned. The principal arwual rates for tbts purpose, which are consistent with those of the previous year, are-_ Motor Vehicles 25 reducing balance Plant and Equipment 20125 redueing balance Plant and Equipment 6.67110 straight line Fixtures and Fittings 25 reducing balance Freehold Property straight line i) Stocks Stocks are valued al the lower (Trf cost and net realisable value. Provision is made, where necessary. for obsolete and slow moving items. j) Debtors Trade and other debtors are recognised at the seltleinent amount due after any trade discount offered. Prepayments are valued at the amount prepaid. k) Cash at Ballk and in Hand Cash al bank and in h&nd comprtses funds held in the charity bank current and deposit accounts and petty cash. l) Creditors and Provisions Creditors are recognised where Ihe charity ha5 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. CreditOTS are norn]ally recognised al their settlenient an]ount after allowing for any trade discount received. eratin Lease5 Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of che relevant leaqe except where another more systematic basis is more representative of the lime pattern in which economic benefits from the lease assel are consumed. Page 43 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES lconliiiiied) n) Defined Contribution Pensiotk Plan5 Contribuiions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset lo the extent that the prepayment will lead to & reduction in future pa￿nentS or a cash refimd. o) Financial Instruments A financial asset or liability is recognised only when the entity becomes a party to the conlr&ctual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the a￿angement constitutes a financing Iransaclion, where it is recognised at the presenl value of the fu￿re paymeT]ts discounted at a market rate of interest for a similar debi instrument. Debt instruments &Te subsequently measured at amort15ed cost. LEGAL STATUS Blyth Star Enterprises Limited is a private Company limited by guarantee and as such has no share capital. In the event of the charitable company being wound up, the Trustees would be required to contribute an amount not exceeding £10. DONATIONS AND LEGACIES 2025 Total 2024 Total Unrestrieted Restricted Donakioiis.. Day Activities Nursery Central Services Miscellaneous Projects 1,138 7,667 60,153 1,138 7,667 60,153 301 30,063 68,958 68,958 30,366 Grants Receivable.. 164,534 164,534 71,600 TOTAL INCOME 68,958 164,534 233,492 101,966 In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial slatemenls. Page 44 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 DONATIONS AND LEGACIES (coniiniied) The charity was very grateful to receive the following grants during the year.. Jill & Nonnan Franklin Trust The Ridley Family Charity R.W. Mann Trust Hadrian Trust Frazer T￿st The Eiothley Trust The Sobell Foundation The Beatrice Laing Trust The Bailey Thomas Charitable Fund The David Solonions Chariible Trust The Boshier-Hinlon Foundation Northumberland County Council 40,000 5,000 2,000 1,000 2,000 900 5,000 5,000 5,000 750 500 97,384 164,534 INCOME FROM OTHER TRADILYG ACTIVITIES 2025 Total 2024 Total Unrestricted Restricted Income Derivedfrom Commercial Opeyulions.. Day Acliviltes Nursery 10,514 60,677 10,514 60.677 9,187 54,036 71,191 71,191 INVESTMENT INCOME 2025 Total 2024 Total Unrestricted Restricted Bunk Interest Received.. Central Services 10,344 10.344 6,696 Page 45 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 INCOME FROM CHARITABLE ACTIVITIES 2025 Total 2024 Total Unrestricted Restrieted PROVISION OF CLIENT SERVICES Care Managemvnl.. Residential Service/Living Support Day Activities Nursery Miscellaneous Projects 1,694,016 216.255 197,316 1,694,016 216,255 197,316 1,574,763 191,614 178,744 36,480 Rertls and Housing Benefit.. Residential Service/Living Support 216,047 216,047 223,689 2,323,634 2,323.634 ?,205,290 OTHER CLIENT RELATED ILNCOME Managenient Charges Income.. Central Services MiJcellaneous Income.. Residential ServicelLiving Support Day Activities Nursery Central Services Miscellaneous Projects Sale ofAssets Nursery 192 192 1,138 1,068 1,104 308 12 1,068 1,104 308 12 94 21 30 2,766 2,684 2,684 4,049 TOTAL INCOME 2,3?6,318 2,326,318 2,209,339 COST OF RAISING FUNDS - TRADING OPERATIONS 2025 Total 2024 Total Unrestricted Re$trtcted Day Aetivities.. Purchases 718 718 1,510 718 718 1,510 Niirsery.. Opening Stock Purchase% Closing Stock 3,917 22,720 {5 ?26) 3,917 22,720 (5,226) 3,916 16,974 (3,917) 21,411 21,411 16,973 TOTAL COST OF RAISING FUNDS 22,129 18,483 Pag¢46 i? Page 47 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 NET INCOME FOR THE YEAR This is stated 2fter Charging: 2025 Total 2024 Total Audit Depreciation Opei-alipzg lease costs.. Motor vehicles Pi"operty Telephone equipment 10,300 53,531 10,640 60,367 87,331 49,671 1,451 67,885 45,916 1,451 10 ANALYSIS OF STAFF COSTS TRUSTEE REMUNEIL4TION AND EXPENSES AND THE COST OF KEY fvIANAGEMENT PERSONNEL 2025 Total 2024 Total Unrestricted Restricted Residential Service Day Activities Nurseries Central Services Lionhearts Project 867,518 161,754 193,051 403.134 122,380 989.898 161,754 193.051 403,134 854,523 155.951 161.065 322,296 65,735 1.625,457 122.380 1,747,837 1,559,570 Staff Costs include.. Employers National Insurance costs of £143,553 (2024: £120,790) and a defined ontribution pension charge of £31.974 (2024.. £27,762). Two members of staff received emolumen15 in exce55 of £60,000 (2024-. 1). T. P. Chrisp received remuneration, including pcnsion contributions and travel expenses. of £96,524 (2024.. £90,523) for his services as Finance DireelorlTruslee. Another trustee was paid £33,63 8 (2024.. £9,440) foi. her services as Philanthropy and Marketing Manager and one further trustee was paid £29,269 (2024.'£28,186) for his Services as a consultant. No other rctnuneration, directly or indirectly, was paid or payable, from the funds of the Charity to any of its other director51irustees during the year. Other than as noted above, no Charity Trustees were paid or received any other benefits from employment with the charity in the year (2024.. £Nil} neither were thry reimbursed expcnses during the year (2024.. £Nil). The key management personnel of the Charity comprise the trustees, the chief executive, Ms J. Dixon, the finance directorlchaimian. T. P. Chrisp, the philanthropy and marketing manager. Mrs L Tweddle and a C0115ultant, G. Moore MBE. The total employee benefits of the key management personnel were £233,901 {2024-. £198,257). I I STAFF NUMBERS The average number of employees during the year was as follows: 2025 2024 Number 'umber Accommodation Workshops and Day Services Central Services 46 13 42 13 68 63 Page 48 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINAIYCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 12 TAINGIBLE FIXED ASSETS Freehold Pro Motor Vehicle5 Fixtures & Fittin Plant & ui er Total COST Ai I st April 2024 Additions Disposals 1,669,0?4 140,611 87,166 21,187 394.792 77,546 (33,274} 2,172,169 218,157 (40,322) (450) (6,598) At 3 Ist March 2025 1,809,635 86,716 14,589 439,064 2,350,004 DEPRECIATION Ai I st April 2024 Charge for year Disp05als 100,915 16,755 62,523 6.161 (450} 15,939 1,622 (6,598) 280,033 28,992 (33,274) 459,410 53,530 (40,322) At 3 1st March 2025 117,670 68,234 10,963 275,751 472,618 NET BOOK VALUE At 31st March2025 1,691.965 18,482 3,626 163,313 1,877,386 At 31st March 2024 1,568,109 24,643 5,248 114,759 1,712,759 13 STOCKS 2025 2024 Nursery Old Chandlery 5,225 900 3,917 900 6,125 4,817 14 DEBTORS 202S 2024 Trade Debtors Prepaynients and Accrued Income The WoodFuel Centre CIC Value Added Tax Other Debtors 12.823 56.395 88,663 1,456 188 167,280 74,706 98,367 20 159,525 340,373 Page 49 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 15 CREDITORS 2025 2024 Amounts due within one year:_ Trade Creditors Accntals Other Creditors PAYE and NIC Value Added Tax 26,166 62,164 21,800 60,II7 114 33,933 1,020 34,324 122,654 116,984 16 COMMITMENTS UNDER OPERATING LEASES The lolal fumre minimum lease payment5 under non-cancellable operating lease8 are as follows: 2025 2024 Not later than one year Later than l year and not later than 5 years Later than 5 years 124,790 189,190 84,688 313,980 144,240 Page 50 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 17 TAL4TION As a Charity, B1￿h Star Enterprises Limited ts exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxaiion of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. No tax charges have arisen in the Charity. 18 ANALYSIS OF NET ASSETS Unrestricted Restricted Total Tangible Fixed Assets Current Assets Current Liabilities 1,877,386 852,070 (122,6541 1,877,386 1,035,577 (122,654) 183,S07 2,606,802 183,507 2,790,309 ANALYSIS OF NET ASSETS - PREVIOUS YEAR Unrestricted Restricted Total Tangible Fixed Assets Curreni Assets Current Liabilities 1,712,759 707,211 ( l16,984) 1,712,759 935,899 (116,984) 228,688 2,302,986 2?8,688 2,531,674 19 AUDITORS REMUNERATION 2025 2024 Auditors Remuneration.. As Auditors Accountancy Payroll and Pension Services 10,300 l 5,625 2,600 10,640 14,680 2,436 ?8,525 27,756 Page51 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 20 STATEMENT OF FUNDS Balance 1st A ril 2024 Balance 315t March 2025 Transfers Income ended Unrestricted Funds . General 2,284,897 87,315 2.476,811 (2,260,330) 2,588,693 Revaluation Reserve 18,109 18,109 Restricted Funds: Capital Grants 29 May 61 Charitable Trust The Sylvia Waddilove Foundation The D'oyly Carte Charitable Trust Thc Garfield Wcston Foundation Jill & Noman Franklin Trust The Ridley Fainily Charity R.W. Mann Trust Hadrian Trust Frazer Trust The Rothlcy Trust The Sobell Foundation The Beatrice Laing TNsi Thc Bailey Thomas Charitable Fund The David Soloimons Charitble Trust 6,832 2,833 3,000 8,000 (6.832) (?,833) (3,000) (8,000) (40,000) (5,000) (2,000) { 1,000) (2,0001 (900) (5,000) {5,000) (5,000) (750) 40,000 5,000 2,000 1,000 2,000 900 5,000 5,000 5,000 750 20,665 66,650 (87,315) Restricted Funds: Revenue Grants The Edward Gostling Foundation Cornnunity Foundatio The Boshier-Hinton Foundation Northuinbcrland County Council 200,003 8,000 {24,996) 175.007 s,000 500 500 97,384 (97,384) 208.003 500 97,384 (12?,380) 183,507 2,531,674 154,465 2,574,195 (2,470,025) 2,790,309 Page $2 BLYTH STAR ENTERPRISES LITrIITED A COMPANY LIMITED BY GUAIL4NTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST MARCH 2025 20 STATEMENT OF FUNDS IrDiiliiiiied) Unrestricted Funds These are funds which the trustees are free to use in accordance ￿ryth the charity's objectives. Revaluation Reserve Tliks represents the surplus between the original cost of the Old Chandlery freehold property and the professional valuation in 201 I which was used as the property's deemed cost on transition to FRS 102. Restricted Funds These are funds given for particular purposes and projects and are summarised as follows: Capital Grallts 29 May 61 Charitable Twsl The Sylvia Waddilove Foundation Tbe D'oyly Carte Charitable Trust The Garfield Weston Foundation Jill & Nomian Franklin Trust The Ridley Family Charity R.W. Mann Trust Hadrian Trust Frazer Trust The Roihley Trust The Sobell Foundation The Beatrice Laing Trust The Bailey Thomas Charitable Fund The David Solomons Chariible Trust Monies received to create a building extension. Monies received to create a building extension. Monies received to support the Barren Land project. Monies received to Create a building extension. Monies received to support the Barren Land project. Monies received to support the Ba￿ell Land project. Monies received to create a building extension. Monies received to support Ibe Barren Land project. Monies received to support the Ba￿ell Land project. Monies received to 5UPPOrt Ihe Barren Land project. Monies received to support Ibe Barren Land project. Monies received to support the Barren Land project. Monies received to support the Barren Land project. Monies received to support the Barren Land project. Revenue Grants The Edward Gostling Foundation Comtnunity Foundation The Boshier-Hinton Foundation Northumberland County Council Monies received to support living support service5. Monies received to upgrade kitchen. Monies received to support client outings. Monies received to support outreach clieiits. Transfer Between Funds £87,315 of restricted reserves has been spent OT) capital expenditure during the year and a transfer has been made to unrestricted reserves as the restriction no longer applies. 21 ANALYSIS OF CHANGES IN NET DEBT At IA r2024 At 31 M2r 2025 Cashflows Cash al bank and in hand 590,709 ?79,218 869,9?7 Page 53 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS- YEAR ENDED 31ST IVIARCH 2025 22 RECONCILIATION OF NET MOVEMENT IN FUIYDS TO NET CASH FROM OPERATING ACTIVITIES 2025 2024 Net Movement in Funds Depreciation Profit on Disposal of Assets Interest Income Increase in Stock Decrease/(increase} in Debtor5 Increase/(decrease) in Creditors 258,635 53,530 141,585 60,367 (2,766) (6.696) (i) (223,309) (2,749) (10,344) (1,308) 180.848 5,670 487,031 (33,569) 23 DtRECTORS' TIL4NSACTIONS AND RELATED PARTY TRANSACTIONS T. P. Chrisp and G. Moore are also a directors of the The Woodfuel Centre CIC. In the year to 31 st March 2025, Blyth Star Enterprises Limited received a management charge of £192 {2024'. £1,138) and a donation of £60,000 {2024.. £30,000) from The Woodfuel Centre CIC. Grants received of £Nil (20?4.. £?2,500) in respect of the purchase of an electric vehicle and employment of a support worker were Iransterred lo The Woodfuel Centre CIC during Éhe year. At 31 gt March 2025 The Woodfuel Centre CIC owed £88,663 {2024.. £98,367) to Blyth Star Enterprises Limited and this is shown in year end debtors. Blyth Star Enterprises Lin]ited continue to provide administrative support free of charge to The Woodfuel Centre cic. The directors had no tnaterial interest in any other transaction entered into by the charity during the year. No other transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10?). 24 ULTIMATE COLNTROLLING PARTY In the opinion of Ihe Trustees, Ihere is no ultimate controlling party of the charity other than the Board itself. Page 54 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF IINCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 SUMMARY OF INCOME AND EXPENDITURE ACCOUNTS 2025 2024 RESIDENTIAL SERVICEILtVlNG SUPPORT 55 690,342 664,816 DAY ACTIVITIES 56 8,781 34,478 NURSERY PROJECT 57 (40,364) (26,502) CENT114L SERVICES 58 (442,278) (458,989) LIONHEARTS PROJECTS 59 (48,513) 216,481 165,290 RECONCILIATION OF NET MOVEMENT IN FUNDS AND INCOME AND EXPENDITURE ACCOUNTS 2025 2024 ll¥COME AND EXPENDITURE ACCOUNT SURPLUS FOR YEAR 216,48l 165,290 REVEP4UE GIL4NTS RELEASED TO INCOME AND EXPENDITURE ACCOUNT (24,996) (72,805) GRANTS RECEIVED 67,150 71,600 GRAINTS TRANSFERRED (22,500) NET MOVEMENT IN FUNDS IN YEAR 258,635 141,585 Page 55 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARAINTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 RESIDENTIAL SERVICEILIVING SUPPORT 2025 2024 INCOME Provision of Client Services.. Care Management Housing Benefit 1,694,016 216,047 1,574,763 223,689 Other Income.. Grants Training Students 122,380 1,068 30,205 2,033,511 1,8?8,657 EXPENDITURE Wages Staff Pensio Recruitment Expenses Activity Group Celebrations Cleaning Materials Social Training Escort Training Regi%tered Landlord Fees Food Proiiisions Rent and Rates Heal and Light Motor 2nd Travel Expenses Advertising and Promotions Printing Postage and Stationery Telephone TV Costs Repairs and Renewals Equipment Hire and Maintenance Insurance Professional Fees Health and Safety Depreciation Sundry Expenses 971,832 18,066 967 36 1,182 4,206 6.275 619 30,611 11,056 28,858 10,129 166,798 318 4,074 9,064 589 26,351 1,497 23,010 1.994 1,674 23,963 839,618 14,905 1,067 1,422 3,691 6,117 1,941 29,182 10,300 33,861 6.472 123,043 2,481 9,588 579 28,169 4,977 18,074 3,018 1,430 23,866 40 1,343,169 1,163,841 SURPLUS FOR YEAR 690,342 664,816 PaEe 56 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 DAY ACTIVITIES 2025 2024 T114DIING INCOME Sales C08t of Sales Net Trading Profit 10,514 718 9,796 9,187 1,510 7,677 OTFIER INCOME Grants Training Donations Sundry Income Client Contribution Care Management 39,600 1.068 1,138 301 94 36 216,255 191.614 218,497 231,609 228,293 239,?86 EXPENDITURE Wages StaflPen510nS Recruilmenl Expenses Activity Group Celebrations Cleaning Materials Protective Clothing Training Food and Provision5 Rent and Rates Room Hire Heat and Light Motor and Travel Expenses Priiiling Postage and Stationery Telephone and Internet TV Costs RepaiTS and Renewals Equipment Hire and Maintenance Insurance Subscriptions Health and Safety Depreeialion 158,902 2.852 147 153,163 2,788 126 97 1,604 120 623 9,086 26,472 1,508 92 302 7,021 22,672 145 7,171 130 942 1.821 359 1,685 880 922 799 207 2,064 8,936 loo 791 2,308 385 3,059 288 912 877 136 1,817 219,512 204,808 SURPLUS FOR YEAR 8,781 34,478 Pagc 57 BLYTFI STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 STAKEFORD NURSEIUES PROJECT 2025 2024 INCOME Sales 60,677 54.036 COST OF SALES Opening Stock Purchases 3.917 22.720 26,637 5,226 3.916 16,974 20.890 3.917 Closing Stock 21,411 39,266 16,973 OTHER INCOME Donations and Gifi Aid Profit on Sale of Assets Clicnl Contribution Care Management 7,667 2,766 308 197,316 178.744 205.291 244,557 181,51? 21 8.575 EXPENDITURE Wa¥eg Staff Pension Recruiiment Expenses Celebration5 Activity Group c.leaning Maierials Protective Clothing Outings Training Food Provisions Reni and Rates Heat and Light Motor and Travel Expenses Advertising and Promotion5 Printing Postage and Stationery Telcphoiic TV Costs Repairs and Renewals Equipment Hire and Maintenance 11i5urance Subscriptions Bank Charges & Interesi Bad Debts Health and Safety Depreciation Irrecoverable Input Val 189,166 3,885 147 121 204 4,041 1.423 145 774 532 1,553 2.863 21,392 150 729 2,991 169 12.979 5.737 5,874 2.400 588 207 404 14,933 11.514 157,661 3,404 96 205 3.811 1,237 2.052 554 1.493 2.987 15.187 120 398 1,435 159 14,753 6,046 6,266 1,245 553 492 17.650 7,273 284.921 245.077 DEFICIT FOR YEAR {40,3()4) {?6,5021 Page 58 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 CENTIL4L SERVICES 2025 2024 OTHER INCOME Management Charges Grants Donations and Gift Aid Miscellaneous Income Bank InteTest Received 192 1,138 3,000 30,063 21 6,696 40,918 60,153 12 10,344 70,701 EXPENDITURE Wages Staff Pension Recruitment Expenses Cleaning Materials Celebrations Training Entertaining Food and Provisions Rent, Rates and Water Room Hire Motor and Travel Expenses Partnership Working Advertising and Protnotions Printing Post&ge and Stationery Telephone and Inlemel TV Costs Audit and Accountancy Consultancy, Legal and Professional Fees Repairs and Renewals Equipment Hire and Maintenance Insurance Subscriptions Donations Bank Charges and Interest Health and Safety Sundry Expenses Depreciation Authorised Push Payment Fraud Irrecoverable Input Vat 395,963 7,171 58 58 1,854 1.485 316,643 5,653 49 20 1,357 688 103 12.786 362 4,880 47 12,396 417 2.917 250 6,332 3.411 2,Ol6 8,738 4,460 2,700 79 28,195 9,020 2,823 426 1,026 1,475 20 759 134 40 12.818 27.438 13,727 6,662 862 570 1,235 33 91 16,787 62,934 17,372 15,539 512,979 499,907 DEFICIT FOR YEAR (44? ?781 (458,989) Page 59 BLYfH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2025 LIONHEARTS PROJECTS 2025 2024 OTHER INCOME Care Management Sundry Income 36,480 30 36.510 EXPENDITURE Wages Staff Pensions Recruitment Expenses Social Training Escort Food and Provisions Cleaning Materials Motor and Travelling Postage and Stationery Telephone Repairs and Renewals Equipment Hire and Maintenance Bad Debis 64,723 1.012 102 1,000 61 26 16,137 363 988 28 135 448 85,023 DEFICIT FOR YEAR {48,513)