CavanaghKelly'
Company Registration Number: N1022996
Charity Registration Number: 104137
Buddy Bear Trust
(Charitable Company Limited by Guarantee)
Annual Report and Unaudited Financial Statements
For the year ended 31 August 2024

co
he
Page
General Information
Directors, Report
Independent Examiner's Report
statement of Flnanclal Actlvltles
Statement of Financlal Posltion
Notes to the Flnancial Statements
9-10
11-20

ud
Board of Directors
Phyllls Agnew
Brendan Mcconville
Mary Murphy
Jennifer Coggan
resigned 22 Aprll 2024
John Daly - resigned 29 June 2024
Company Secretary
Phyllis Agnew - reslgned 18 February 2025
Registered Office
Peto Centre
Killyman Road
Dungannon
Co Tyrone
BT71 6DE
Company Reglstratlon Number
N1022996
Charity Reglstratlon Number
104137
Independent Examiners
CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co Tyrone
BT716AP
Bankers
Ulster Bank
39 Market Square
Dungannon
Co Tyrone
BT70 IJJ
Sollcltors
Tughans Sollcltors
Marlborough House
30 Vlctoria St
Belfast
Co Antrim
BTI 3GG
CavanaghKellyi Chartered Accountants & Statutory Auditors
Page12

udd Bea
rust
ritable Com
imited
Guarantee
The Directors, who are the trustees for the purpose of charity law, have pleasure In presentlng
their report and the unaudited financial statements of the charitable company for the year
ended 31 August 2024.
The financial statements have been prepared In accordance with the Statement of
Recommended Practice "Accountlng and Reporting by Charities" (FRS 102) and the Companies
Act 2006.
Reference and Administration Detalls
The reference and administration details of the charltable company are as shown on page 2.
Objectives and Activities
The principal activlty of the charitable company Is to relleve slckness of children sufferlng from
cerebral palsy, spina bifida and other motor neurone disorders.
The maln strateglc objectlves of the Trust are:
To provide conductive education for children who suffer from cerebral palsy and other
motor disorders.
To become a "mainstream. part of education and therapy for children sufferlng from
cerebral palsy in Northern Ireland and to see greater Integratlon of the existing servlces of
health and education for such children.
The key aims of Buddy Bear Trust are to allow young people to benefit from thls Ilfe changlng
therapy and develop thelr own optlmum level of independen￿.
Publlc Beneflt Statement
The Directors of Buddy Bear Trust conflrm that they have complied with their duty under
sectlon 4(6) of the Charities Act (Northern Ireland) 2008 to have regard to the Charity
Commisslon for Northern Ireland's guldance on public beneflt and that the publlc beneflt
requlrement has informed the actlvltles of the charitable company in the year ended 31 August
2023.
Achlevements and Performance
Children with Cerebral Palsy at the Buddy Bear Trust Conductlve Education School ("Buddy Bear
School") benefited from a team lead by the princlpal and three other Peto trained Conductors,
all of whom are registered wlth the General Teaching Council of Northern Ireland as well as two
experienced Classroom Assistants and a part-time Secretary. The Buddy Bear School was able
to offer places to children In one of four maln groups:
Parent and Child Group (Pre-Nursery);
Nursery Group;
School Group I; and
School Group 2.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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udd Bea
Charitabl
ant
Children at the Buddy Bear School made great progress under the guidance of the
Conductors/Teachers. Each child made visible progress throughout the year which pleased and
motivated their parents to request more conductive education within the school.
ntsan
Perform
nce In
The Buddy Bear Trust continues to actively promote Its five year'Lifetlme of Difference, project.
The project is being funded for three years by the Natlonal Lottery Community Fund and the
Mcclay Foundation. These are vital funds but there remains a shortfall for the optimum running
costs of the school which we need to supplement with government funding and ongoing fund
raising.
The Buddy Bear Trust contlnues to rely heavily on volunteers to asslst in the day-to-day
operational running of the charity. Such volunteers are invaluable, and the charity continues to
be grateful for their contlnued input. The volunteers do not receive any remuneration; however,
the charity will cover any costs of travel and expenses in order to ensure no volunteers are out
of pocket for the costs they incur. Good volunteers are the backbone of any charity and we
appreciate their time and effort.
Flnancial Revlew
Financial Performance
The charity earned net incoming resources of £65,295 (2023
incoming resources of
£124,934) in the year to 31 August 2024 and at the year end the total funds of the charity
amounted to £445,988 (2023 - £380,693) comprising unrestricted funds of £235,719 (2023
£168,868), restricted funds of £10,259 (2023 - £11,825) and a designated reserve fund of
£200,000 (2023 - £200,000).
Principal sources of fundlng and how this has supported the key objectlves of the charStable
company are dlsclosed in the notes to the flnancial statements.
Reserves Pollcy
The Buddy Bear Trust has a formal reserves policy and the trustees believe there are sufficient
funds to meet the needs of the charlty for the medium term. As the charity is heavily rellant on
donations and funding from public bodies, the board believe it is imperative to hold a significant
level of reserves so that the charity can continue to operate should there be any unexpected fall
in incoming resources.
strurture, Governance and Management
Organlsatlonal Strurture
The charitable company is a company limited by guarantee, not having a share capital.
The charltable company was established under a Memorandum of Association whSch establlshed
the objects and powers of the charitable company and Is governed under Its Articles of
Association.
In accordance with the Articles of Association, the members to retlre by rotation shall be those
who have been longest in office since thelr last election, and the relevant motion will be put at
the Annual General Meeting. A retiring member shall be ellgible for re-election.
Directors
The Directors during the year are the same as the Directors as listed on page 2.
CavanaghKelly, Chartered Accountants & Statutory Auditors
Page14

Budd Bear
able
Taxatlon Status
The charitable company Is recognised as a charity by HM Revenue & Customs. Accordingly, the
charitable company has availed of the exemptions contained in Chapter 3 Part 11 Corporation
Taxes Act 2010 and Sectlon 256 Taxation of Chargeable Gains Act 1992.
Dlrectors. Responslbllltles
The Directors are responsible for preparlng the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (Unlted Klngdom Generally Accepted
Accountlng Practlce).
Company law requires the Directors to prepare financial statements for each financial year
which give a true and falr vlew of the state of the affairs of the charitable company and of the
incoming resources and applicatlon of resources, including the income and expenditure, of the
charitable company for that year. In preparing these financial statements the Directors are
required to:
select suitable accounting pollcies and apply them consistently;
observe the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financlal statements, and
prepare the financial statements on the going concern basis unless It is Inappropriate to
presume that the charitable company will continue in operation.
The Dlrectors are responslble for keeplng adequate accountlng records that dlsclose wlth
reasonable accuracy at any time the financial posltlon of the charitable company and enable
them to ensure that the flnanclal statements comply wlth the Companles Act 2006. They are
also responslble for safeguardlng the assets of the charitable company and hence for taklng
reasonable steps for the preventlon and detectlon of fraud and other irregularitles.
Small Companle$ Exemptlon
The above report has been prepared in accordance with the special provisions relating to small
companies withln Part 15 of the Companles Act 2006.
This report was approved by the Board of Directors and slgned on its behalf by:
Mr Brendan McConv511e
Directors
Mrs Phyllls Agnew
Date
Reglstered offlce:
Peto Centre
Killyman Road
Dungannon
Co. Tyrone
BT716DE
r:NI
ri
CavanaghKellyi Chartered Accountants & Statutory Auditors
Pag¢15

udd
ear
Be
We report on the financial statements of the company for the year ended 31 August 2024 whlch
are set out on pages 8 to 20.
Respectlve Responslbllltles of Dlrectors and Independent Examlner
As the charitable company's Directors, who are the trustees for the purpose of charity law, you
are responsible for the preparation of the financlal statements in accordance with the
requirements of the Companles Act 2006. Havlng satlsfied ourselves that the charltable
company is not subject to audit under company law, and is eligible for independent
examination, It is our responslbllity to:
examlne the accounts under sectlon 65 of the Charltles Act (Northern Ireland) 2008;
follow the procedures lald down In the general Directions glven by the Charity
Commission for Northern Ireland under section 65(9)(b) of the Charities Act (Northern
Ireland) 2008. and
state whether particular matters have come to our attention.
Basls of Independent Examlner's Report
We have examined your charitable company's flnanclal statements as required under sectlon 65
of the Charitles Act (Northern Ireland) 2008 and our examination was carried out in accordance
with the general directions given by the Charity Commission for Northern Ireland under section
65(9)(b) of the Charltles Act (Northern Ireland) 2008. The examination included a review of the
accounting records kept by the charitable company and a comparison of the accounts presented
with those records. It also Includes consideration of any unusual Items or disclosures in the
accounts and seeking explanations from you as charltable company Directors concerning any
such matters,
Our role Is to state whether any materlal matters have come to our attention glvlng us cause to
believe:
That accounting records were not kept Sn accordance with section 386 of the Companles
Act 2006; or
That the accounts do not accord wlth those accounting records; or
That the accounts do not comply with the accounting requirements of section 396 of the
Companies Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practice applicable to charitles preparlng their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ereland; or
That there Is further Information needed for a proper understanding of the accounts to
be reached.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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Tru
an
Li
ited
IA
te
th
on
Independent Examlner's Statement
We have completed our examination and have no concerns in respect of the matters listed
above and, in connection wlth following the Dlrections of the Charity Commlssion for Northern
Ireland, we have found no matters that require drawing to your attention.
CAVANAGHKELLY
Chartered Accountants & Statutory Auditors
36-38 Northland Row
Dungannon
Co. Tyrone
BT7 16AP
Date:
CavanaghKellyi Chartered Accountants & Statutory Auditors
Pilg¢ | 7

itu
Unr•strlcted
Fufid
R•strlctèd
Fund¥
D•sIg￿ted
Fundg
Total
Funds
Unre8trltk•
Fund8
R¢strl¢ted Dtslynat•d
Funds
F￿ndS
Futtds
2024
20
2014
2024
2013
2023
2023
1023
INCOME ANO ENDOWMENTS
CThanta￿e Activities (Note 31
Oonèuons and Legacles (Note 31
Investment Incorne INete 31
TOTAL INCOME A14D ENDOVIMEMTS
144.883
222.750
4,121
371.754
144,883
222,750
4,121
371,754
141.938
241,577
1,080
JB4.595
s,￿0
6,000
146,938
249,577
1,080
397.595
13,000
RESOURCES EXPE14DPD
ChariuNe Aciivities INo¢e 41
TOTAL RESOURCES EXPENDED
1304,9031
1304,9031
{1,5561
11.5561
1306.4591
1306,4591
1265,5861
1265,5861
17,0751
17,0751
1272,66ll
1272.6611
Net Incomlnglloutgolngl r••oilt¢
for th• y••r
66,851
11.5561
65,295
119,009
5.925
124,934
Transfers be￿e•n funds
IloD,0001
IcbJ,000
Balance trKought forward
168,868
11,825
2rx),000
380,693
149,659
5,900
100,wo
255,759
B•lance urrl•d fopward
235719
200 000
445 988
168 868
380 693
The above Statement of Flnanclal Actlvltles Includes all Informatlon as requlred to be dlsclosed by the Companies Act 2006,
All of the actlvltles of the charltable company are classed as contlnulng.
The Statement of Financial Actlvities Include5 all gains and losses ftcognlsed durlng the year.
The notes on pages 11 to 20 form an Integral part of the financlal statements.
CavanaghKellyi Chartered Accountants & Statutory Audltors
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Budd
ea
us
it
Note
2024
2023
Non-current Assets
Property, Plant and Equipment
Current Assets
Receivables
Cash and cash equivalents
45,907
316 304
362,211
422 783
422,783
Payables: Amounts falling due within In one
year
10
Net current assets
414 660
344 878
Net Assets
li
380 693
REPRESENTED BY:
Unrestrlcted funds
Restricted funds
Designated funds
Total Funds
12
12
12
235,719
10,269
200 000
445 988
168,868
11,825
200 000
380 693
The Dlrectors, statements shown on the following page form part of thls Statement of Flnanclal
Position.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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r Trust
aran
ee
IALP
These financial statements have been prepared in accordance with the provisions applicable to
small companies regime within Part 15 of the Companies Act 2006.
For the financial year ended 31 August 2023 the company was entitled to exemption from audlt
under section 477 of the Companies Act 2006.
The Directors confirm that the members have not required the company to obtain an audit of Its
financial statements for the year in question in accordance with section 476 of the Companies
Act 2006.
The D1￿CtorS acknowledge their responsibilitles for ensuring that the charitable company keeps
accounting records which comply with Section 386; and for preparing financial statements
whlch give a true and fair view of the State of affalrs of the charitable company as at the end of
the financial year and of its incoming or outgoing resources for the financial year in accordance
with the requirements of sections 394 and 395 and whlch otherwise comply with the
requirements of the Companles Act 2006 relating to financial statements, so far as applicable to
the charitable company.
The notes on pages 11 to 20 form an Integral part of the financial statements.
The financlal statements were approved and authorised for issue by the Board of Directors and
signed on their behalf by:
Brendan Mcconvllle
DIRECTOR
Phyllls Agnew
DIRECTOR
Date
22
CavanaghKellyi Chartered Accountants & Statutory Auditors
P*ige 110

dd Bear Trus
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I. GENERAL INFORMATION
Buddy Bear Trust Is a charltable company Ilmited by guarantee Incorporated in Northern
Ireland. In the event of the charitable company being wound up, the liability in respect of the
guarantee is limited to £1 per member of the charltable company. The address of the registered
office is as shown on page l.
The charitable company constitutes a public benefit entlty as defined by FRS 102.
The financial statements are stated in £ sterling which is the functional currency of the
charltable company.
2. ACCOUNTING POLICIES
The following accounting policies have been applied consistently In deallng with items which are
considered material in relation to the charitable company's financlal statements.
2.1 Statement of Compliance
The financlal statements have been prepared In accordance with Accounting and Reporting
by Charltes: Statement of Recommended Practlce (SORP) applicable to charities preparing
their financial statements in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) effective l January 2019 (Second Edition), the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS
102) and the Companles Act 2006.
2.2 Basls of Preparatlon
The financial statements are prepared on a going concern basis under the historical cost
convention unless otherwise stated in the relevant accounting policy. Historical cost Is
generally based on the falr value of the conslderatlon given in exchange for assets.
2.3 Cash Flow Statement
The charltable company has applled Update Bulletln 2 as publlshed on 5th October 2018
(effective l January 2019) and does not include a cash flow statement on the grounds that It
is applying FRS 102 Section IA.
2.4 Income and Endowmentg
(l) Charltable Actlvltles
Income from charitable activitles Includes income received under contract or where
entitlement to grant fundlng Is subject to speciflc performance conditions. It IS
recognised as earned as the related services or goods are provided. Grant income is
recognised in the Statement of Flnancial Activities when receivable. Grant income
included in this category provides funding to support projects and is recogni5ed where
there is entitlement, certainty of receipt and the amount can be measured with sufficient
reliability.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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2. ACCOUNTING POLICIES (Contlnued)
2.4 Income and Endowments (Contlnued)
(11) Donatlons and Legacles
Donatlons and Legacy income Includes Incoming resources from glfts, donations and
grants and is recognised in full in the Statement of Financial Activities when receivable.
Activltles for generating funds are commercial activities which are recognised as earned
when the related goods and services are provided.
2.5 Expendlture
Expenditure is recognised when a liability Is incurred. Contrartual arrangements and
performance related grants are recognised as goods and services are supplled. Where costs
cannot be dlrectly attrlbuted to a partlcular headlng, they have been allocated to activities on
a basis consistent with use of resources. Staff costs and overhead expenses are allocated to
activities on the basis of staff tlme spent on those activities,
(l) Charitable Activltles
This comprises all the resources applied by the charitable company in undertaking its
work to meet its charitable objectives. Charitable activities wlll include the costs of
governance arrangements which relate to the general running of the charitable
company.
2.6 Fund Accountlng
The charltable company has three types of funds for which it is responsible at the year end:
Unrestrlcted Funds - Funds which are expendable at the discretlon of the Dlrectors In
furtherance of the objectives of the charitable company. In addition, funds may be held
in order to finance capital Investment and working capital.
Deslgnated Funds
Monies which has been set aside to cover costs should there be a
significant and unforeseen reduction In funding.
Restricted Funds - Monies received for speciflc purposes. Such purposes are within the
overall aims of the charlty.
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2. ACCOUNTING POLICIES (Contlnued)
2.7 Propertyi Plant and Equlpment and Depreciatlon
Property, plant and equipment are initially recorded at cost. Cost includes the original
purchase price, costs directly attributable to brlnging the asset to its working condition for its
intended use, dismantllng and restoration costs and borrowing costs capitalised.
Depreclation Is provided at rates calculated to write off the cost less residual value of each
asset over its expected useful life, as follows:
Office Furnlture
School Equlpment
Computer Equipment
Leasehold Improvements
150/0 Stralght Line
25e/o Reducing Balance
20010 Straight Llne
4010 Straight Llne
2.8 Trade and Other Payables
Trade and other payables are initially recognlsed at fair value and thereafter stated at cost.
2.9 Taxatlon
As a charlty, the charitable company is not Ilable to Corporation Tax.
2.10 Cash and Cash Equlvalents
Cash and cash equivalents Includes cash In hand, deposits held at call wlth banks, other
short term highly Ilquid investments with orlglnal maturities of three months or les5.
2.11 Critical accounting estlmates and judgement$
In the applicatlon of the Charity's accounting policies, the Trustees are required to make
judgements, estimates and assumptions about the carrying value of assets and liabilities thal
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors that are considered to be relevant. Actual
results may differ from these estimates.
The estimates and underlylng assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period In whlch the estimate is revised were the
revision affects only that period, or in the perlod of the revlsion and future periods were the
revision affects both current and future perlods.
Critlcal judgements in applying the entity s accounting policies
There are no critical judgements in applying the company's accounting policies.
Critical accounting estimates and assumptions
There are no accounting estimates in applying the company's accounting policies.
CavanaghKellyi
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Chartered Accountants & Statutory Auditors

02
2. ACCOUNTING POLICIES (Contlnued)
2.12 Flnanclal Instruments
(i) Flnancial assets
Basic financial assets, including trade and other receivables, cash and bank balances and
amounts owed by related parties and are initially recognised at transaction price, unless the
arrangement constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Such assets are
subsequently carried at amortised cost using the effective interest method.
At the end of each reportlng perlod financial assets measured at amortised cost are assessed
for objective evidence of impairment. If an asset is Impaired the impairment loss is the
difference between the carrying amount and the present value of the estimated cash flows
discounted at the asset's original effective Interest rate. The impairment loss Is recognised in
profit or loss.
If there Is decrease in the Impairment loss arlsing from an event occurrlng after the
impairment was recognised, the impairment is reversed. The reversal is such that the
current carrying amount does not exceed what the carrying amount would have been had
the impairment not previously been recognised. The impairment reversal 15 recognised in
profit or loss,
Financlal assets are derecognlsed when (a) the contractual rights to the cash flows from the
asset expire or are settled, or (b) substantially all the risks and rewards of the ownershlp of
the asset are transferred to another party or (c) despite havlng retained some slgnlficant
risks and rewards of ownershipi control of the asset has been transferred to another party
who has the practical ability to unilaterally sell the asset to an unrelated third paty wlthout
imposing additional restrictions.
(11) Financial Ilabilities
Basic flnancial liabillties, including trade and other payables, bank loans and overdrafts and
amounts owed to related parties are initially recognised at transaction price, unless the
arrangement constitutes a financing transactlon, where the debt instrument is measured at
the present value of the future receipts discounted at a market rate of interest. Debt
instruments are subsequently carried at amortlsed cost, using the effective Interest rate
method, Fees paid on the estab5ishment of loan facilities are recognised as transaction costs
of the loan to the extent that it is probable that some or all of the facility will be d rawn down.
In this case, the fee is deferred untll the draw-down occurs.
To the extent there Is no evidence that it is probable that some or all of the facility wlll be
drawn down, the fee is capitalised as a pre-payment for liquldity services and amortised over
the period of the facility to which it relates.
Trade payables are obligations to pay for goods or services that have been acquired In the
ordinary course of business from suppliers. Accounts payable are classified as current
liabilities if payment is due within one year or less. If not, they are presented as non-current
liabilities.
Trade payables are recognised initially at transaction price and subsequently measured at
amortised cost using the effective interest method.
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2. ACCOUNTING POLICIES (Contlnued)
Financial liabilities are derecognlsed when the liability is extinguished, that Is when the
contractual obligation Is dlscharged, cancelled or expires.
(ill) Offsetting
Financlal assets and liabillties are offset, and the net amounts presented in the financial
statements when there is a legally enforceable rlght to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
2.13 Penslon and other post retirement obligations
The charlty operates a defined contribution pension scheme which Is a pension plan under
which fixed contributions are paid into a pension fund and the charity has no legal or
constructive obligation to pay further contributions even If the fund does not hold sufficient
assets to pay all employees the benefits relating to employee service in the current or prior
periods.
Contributions to defined contribution plans are recognised in the Statement of Financial
Activities when they are due. If contrlbution payments exceed the contribution due for the
service, the excess Is recognised as a prepayment.
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3. INCOME AND ENDOWMENTS
Unrestrlcted Restrlcted Deslgnated
Funds
Funds
Funds
2024
2024
2024
Total
Funds
2024
Total
Funds
2023
Charltable Actlvltles
Halifax Foundation for
Northern Ireland
Education and Library
Boards
Ardbarron Trust
Muslc Therapy
Early Years
The Pathway Fund
Total Charitable
Activities
10,500
127,350
127,350
125,605
1,000
6,533
10,000
1,000
6,533
10,000
10,833
146,938
144,883
144,883
Income from Charitable Activities in the year ended 31 August 2023 was made up of
unrestricted funds £141,983 and restrlcted funds £5,000.
Unrestrlcted Restrlcted Deslgnated
Funds
Funds
Funds
2024
2024
2024
Total
Funds
2024
Total
Funds
2023
Donatlons and Legacles
Donations
Community
Foundation
Mcclay Foundation
Covid 19 Grant
Mld Ulster Councll
Total Donations and
Legacies
13,350
109,400
13,350
109,400
21,677
125,900
loo,000
loo,000
100,000
222,750
222,750
249,577
Income from Donations and Legacies In the year ended 31 August 2023 was made up of
unrestrlcted funds £241,577 and restricted funds £8,000.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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3. INCOME AND ENDOWMENTS (Cont'd)
Unrestrlcted Restrlrted Deslgnated
Funds
Funds
Funds
2024
2024
2024
Total
Funds
2024
Total
Funds
2023
Investment Income
Bank Interest
Receivable
Total Investment
Income
4,121
4,121
1,080
4,121
4,121
1,080
Income from Investment Income In the year ended 31 August 2024 was made up of entirely
unrestricted funds.
4. RESOURCES EXPENDED
Unrestrlcted Restrlcted Deslgnated
Funds
Funds
Funds
2024
2024
2024
Total
Funds
2024
Total
Funds
2023
Charitable Actlvltles
Wages and salarles
Pension costs
Rates and water
Insurance
Light and heat
Repairs and
maintenance
Printing, postage and
stationery
Classroom expenses
Copier Rental
Telephone
Fundraising and
promotion costs
Accountancy
Bank charges
General expenses
Subscriptions
Staff Training
Depreciation of
property, plant and
equipment
Total Resources
Expended
2Q6,139
39,459
206,139
39,459
204,748
4,013
1,281
8,730
11,237
14,944
6,272
10,507
3,676
6,272
10,507
3,676
582
582
727
12,440
775
1,623
3,918
12,440
775
1,623
3,918
2,370
2,096
1,436
1,748
11,891
133
2,014
663
11,891
133
2,014
663
8,146
115
3,844
472
50
6,704
4,811
1,556
6,367
304,903
1,556
306,459
272,661
Expenditure on Charitable Actlvitles in the year ended 31 August 2023 of was made up
£265,586 unrestricted expenditure and £7,075 restricted expendlture.
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FIN
ar ended
the
02
5. NET INCOME/(EXPENDITURE) FOR THE YEAR
Net Income/(expendlture) Is stated after charging/(crediting):
2024
2023
Depreciatlon of property, plant and equlpment
5,992
6,704
6. INDEPENDENT EXAMINER'S REMUNERATION
The Independent examiner's remuneration amounts to an independer)t examination fee of
£3,150 (2023 £3,000).
7. STAFF COSTS AND EMPLOYEE BENEFITS
The average number of persons employed by the charltable company during the year was 7
(2023 - 7).
The total staff costs and employee's beneflts was as follows.,
2024
2023
Wages and salaries (includlng social securlty)
Pension costs
206,139
204,748
245 598
208 761
The charitable company has one employee who recelved total employee benefits (excluding
employer pension costs) of between £70,000 and £80,000 durlng the reporting period.
7.1 DIRECTORS. REMUNERATION
The Directors received nor waived any remuneration or any other benefits during the year and
no reimbursements of expenses incurred.
CavanaghKellyy Chartered Accountants & Statutory Auditors
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8. PROPERTY, PLANT AND EQUIPMENT
Office
FurnSture
School
Computer
Leasehold
Equipment Equlpment Improvements
Total
Cost
At 31 August 2023
Additions
At 31 August 2024
33,565
46,636
39,552
1,880
41,432
28,623
148,376
1,880
150,256
33,565
46,636
28,623
Depreciation
At 31 August 2023
Charge for year
At 31 August 2024
30,588
516
38,974
36,370
6,629
112,561
118 928
Net Book Values
At 31 August 2024
At 31 August 2023
9. RECEIVABLES
2024
2023
Accrued Income
48,907
io.
PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade payables
Taxation and social security
Accruals
632
12,027
3,036
CavanaghKellyi Chartered Accountants & Statutory Auditors
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ear
11. ANALYSIS OF NET ASSETS
Unrestricted Restricted Deslgnated
Funds
Funds
Funds
2024
2024
2024
Total
Funds
2024
Total
Funds
2023
Property, Plant and
Equipment
Current Assets
Current Liabilities
29,059
2,269
31,328
35,815
214,783
8,000
200,000
422,783
362,211
235 719
200 000
380 693
12. ANALYSIS OF FUNDS
Opening
Balance
Income
Expendlture
Transfer
Between
Funds
Closing
Balance
Restrlcted Funds
Cash for Kids
The Pathway Fund
Lift Appeal
3,825
(1,556)
2,269
11,825
(1,556)
10,269
UnrestrScted Funds
168,868
371,754
(304,903)
235,719
Deslgnated Funds
200,000
200,000
Total Funds
380 693
371 754
306 459
445 988
Cash for Kids
This was funding received towards the cost of Installing outdoor play equipment for children
wlth complex needs.
The Pathway Fund
This project is supported by The Pathway Fund which Is administered by Early Years
the
organisation for young children and funded by the Department of Education. Thls fundlng was
for the provlsion of 6 children with complex needs and to facilitate parent workshops.
Llft Appeal
This was donations received for the purpose of installing a lift on the Buddy Bear premises.
CavanaghKellyi Chartered Accountants & Statutory Auditors
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