Croft House Settlement {Registered Charity number 523910) Flnanclal statements For the year endod 31 Deeembor 2025 Contents Pag8 Legal and administrative infomiation Council of Management report Examine¢s report Statement of finan¢ial activities Balance sheet Notes to the accounts Croft House Settl•mont L•gal and admlnlstratlv• Inforniatlon Hon Vice Presldont Mr John Boyington CBE Chair Mr Derek Newman Hon. Tr8asur8r Mr Glyn Boyinglon Council of Management Ms Emily Hart Mr David Slaniforth Mr David O'mara Ms Nisha Lall Mr lan Owers Ms Sioned Mair Richards Dr Lee Crookes Sottlement Managèr Mr Roger Steele MBE Registered Charfty Numbar 523910 Principal Address Garden Stre8t Sheffield S14BJ Independent Examiner Craig Williamson White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Bank National Westminster Bank plc 42 High Street Sheffield S1 1QG Croft Hous• Settlom•nt Councll of Managem•nt rnport The Council of Management present their report and financial statements for the year ended 31 December 2025 Structurei governance and management Croft House Settlement was sel up in 1902 for the purpose of educating the young and helping the elL1erly, so that their cond((ions of life may be improved. The declaration of trust is dated 7 October 1960. Croft House Settlement Is govemed by Ihg constitution approvgd by the Councll of Management on 1 November 1999, as amended by resolution dated 30 June 2004 and most re¢enlly amended September 2014, and was entered upon the register of charities on 11 September 1963. The objective of the charrty is, in the interest of social weKare, to improve the conditions of life of the inhabilanls of the area ot benefit wrthoul distinction of political, religious or other opinions by the provision of facllltles for recreallon and olhgrlgisure lime occupation. Actlvltlgs and achlevement8 2025 has been a successful year for Croft House wllh high level¥ of usgge for community activity which is reflected in the income from lettings and club receipts This 1$ a strong indi¢alion that we are meeting our charitable aim ol provide spaces for community and charitable organisalions and activities Work has been undertaken to maintain the Garden Street building In 8 $afe, usable condition including further extensive repointing, and gengral maintenance. The quinquennial fabric survey was completed as was an independent fire risk assessment. These will help guide the Councll of Management In planning maintenance and refurbishment works. In common with similar charkies, we face continuing pressure of rising cost bul the Council of Management gndeavours lo maintain strong control whilst enabling provision of space for charitable and community use. The surplus of income created this will help repleni8h 1è8èrves and assist in maintsining the medium to long tem viability ol Croft House. The Council of Management and all those who use Croft House are again grateful lo The Dixon Pilehfork Charitable Trust for their continued financial support. Such gènerosity enables Croft House lo conllnue lo Serve the community in Sheffield. Since Croft House was founded in 1902 our charity has seen many ¢hanges bul remains an important part of the charitable and voluntsry sector in Sheffield. Without our work lo provide affordable spaces, many community groups would find il difficult lo continue oper81ing. Our thanks go lo Craig Williamson of While Rose Accounting for Ch8ri1ie$ for his diligent work in examining these annual accounts. Croft Hou•e Settlement Councll of Managom•nt roport Organlsatlon Membership of the Settlement Is open lo all members of the communty regardless of sex, ethnic origin, or religious creed, subject to compliance with the rules of the varlous sections operating within the Settlèment. The Council of Management comprlses members from I￿al businesses and the I￿al ommunity and up lo four nominated by the Central United Reformed Church. The Council of Management who has served the chanty during the year and since the year end 1$ listed under the legal and administrative Information. The Council of Management has mel 4 limes durlng the year. Reserves pollcy 11 is the policy of the Settlemènt lo maintain unrestricted funds, whlch 8re the fr88 r8serv8s of the charity, al a level which equates lo between 9 and 12 months unreslricled expenditure. At this level, the Council of Management feels that il would be able to continue the current activities of the Sgttlomenl in the event of a Signifi￿nI fall in in¢ome, whilst il considers how lo address future funding. Councll of Management responslbllltles for thè flnanclal statements Charity law requires the Council of Management lo prepare fin8nci81 statements for each fin8nei81 period which show the slate of affairs of the charity and of nel income or expenditure of the charity for that period. In preparing those financial slatemenls, the Council of Management are required lo. sele¢1 suitable accounting polities and apply them wn$islenlly. obsetve the methods and principles in the Charf(ies SORP FRS11021. rnake judgements and eslimales that are reasonable and prudgnl. Q prepare the financial slalemenls on Ihe going concern basis unless il is inappropriate to presume that the charity will continue in operation. Q slate whether applicable a¢¢ounling stsndards of recommended practice have been followed subject lo any departures disclosed and explained in the financial statements. The Councll of Management are re$pon$ible for keeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the charty and enable the Council ol Management lo prepare financial slalemenl8. The Council of Management are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud an¢J othgr irrggularrtig$. Thls report was approved by the Council of Management on their behalf by.. and Is signed on Mr Derek Newman Chair Croft Hou80 Sgttl•ment Independent examinor's r•port to tho Councll of Manag•m•nt of Croft House Settlem•nt I report on tha accounts for Ihg year endgd 31 Decemb8r 2025, which arg 59t out on pages 610 9. R8spectlvo responslbllltle8 of truste68 and examlner The charity's Iruslees are re5ponsibl8 for th8 preparation of the accounts. The charity's Iruslees consider that an audit is not required for this year under section 144121 of thè Charitie$ Ad 2011 Ilhe 2011 Act} and that an independent examination is needed. 1118 my re8ponsibilty lo.. El examine the accounts under section 145 of the 2011 Act.. Q lo follow the procedures laid down in the general Directions given by the Charity C¢Jmmi$sion under section 14515}Ib} of the 2011 Act,. 8nd Ei lo slate whether particular mattèrs have come lo my attention. 8aslg of Independent examlnefs report My examination was carried out in accordance with the gener81 Directions given by the Charity Commlssion. An examination in¢ludes a review of the accounting re￿rdS kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audf( and consequently no opinion is given as lo whether the accounts present a 'lrue and fair view and the report is limited lo those matters set out in the slalemenl below. Inde￿ndant examlner's statement In connection with my examination, no matter has come lo my attention.. 111 which gives me reasonable cause lo belleve that in any material respect the requirements.. lo keep accounting records in accord8nee with Section 130 of the 2011 Act., and Q lo prepare accounts which a￿ord with the accounting records and comply wllh the accounting requirements of the 2011 Act havg not been met,. or 121 lo which, in my opinion, attention should be drawn in order to enable a proper understandi accounts to be reached. Signed.. Craig Williamson While Rose Accounting lor Charttles The Ghyll Threapland Aspatna CA7 2EL Datg.. Croft House Settlomont Statoment of Ilnanclal actlvltles for tho ygar endod 31 December 2025 Unre8trlcted fund Restrlcted fund Total 2025 Totsl 2024 Nots$ Incomlng resources Grants and donations Club receipts Letting income Investment income Total Incomlng resources 3,750 4,059 29,298 936 38.043 3,750 4.059 29.298 936 38,043 12,550 3,996 29,074 682 46,302 Resourcès expended Staff costs Repairs and renewals Light and healing Rates and water Solar Panel Project Insurance Telephone Management and adminstration Accountancy Total resources expended 13,850 9,935 3,767 2,515 13,850 9,935 3,787 2,515 11,821 13,141 3,267 1,256 18,000 2,885 1,189 144 150 51,853 3,024 466 24 160 33,741 3,024 466 24 160 33,741 Net