Camphill Community Holywood
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 January 2025
2025
Restricted
funds Total funds Total funds
2024
Unrestricted
funds
Note
In¢orne and endowments
Donations and legacies
Charitable activities
Other trading activits'es
Other income
816
351,657
310,687
19,033
3,075
3,891
351,657
310,687
19,033
879
307,850
271,164
25,429
Total income
682,193
3,075
685,268
605,322
Expenditure
Expenditure on raising funds..
Costs of other trading activities
Expendlture on charitable activities
Total expendlture
296,540
388,715
296,540
388,715
260,944
371,349
10,11
685,255
685,255
632,293
Net Incomel(expendlture) and net
movement in funds
(3,0621
3,075
13
(26,971)
Reconclliation of funds
Total funds brought forward
Total fund8 carrled forward
31,455
28,393
31,455
31,468
58,426
31,455
3,075
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 20 to 31 form part of these financial statements.
17

Camphill Community Holywood
Company Limitsd by Guarantee
Statement of Financial Position
31 January 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
16
45,122
49,535
Current assets
Stocks
Debtors
Cash at bank and in hand
17
18
25,928
8,265
68,710
102,903
32,161
18,609
57,178
107,948
Creditors.. amounts falling duo within one year
Nèt curront assets
19
65,832
69,856
37,071
38,092
Total asset8 less current Ilabllltles
82,193
87,627
Croditors: amounts falllng due after more than ono year
Net assets
20
50,725
56,172
31,468
31,455
Funds of the charlty
Restricted funds
Unrestricted funds
3,075
28,393
31,468
31,455
31,455
Total charlty fund8
22
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 7
October 2025, and are signed on behalf of the board by:
Ms H Steffen
Trustee
Mr S Wlson
Trustee
The notes on pages 20 to 31 forni part of these financial statsments.
18

Camphill Community Holywood
Company Limited by Guarant88
Statement of Cash Flows
Year ended 31 January 2025
2025
2024
Cash flows from operating actlvlties
Net incomel(expenditure)
13
(26,971)
Adjustments for..
Depreciation of tangible fixed assets
7,008
6,748
Changes in..
Stocks
Trade and other debtors
Trade and other creditors
6,233
10,344
(4,024)
19,574
19,574
{4,025)
{1,996)
(10,649)
(36,893)
(36,893)
Cash generated from operations
Net cash froml{used inl operating activities
Cash flows from Investing actlvlties
Purchase of tangible assets
Net cash used in investing activities
12,595)
12,595>
(48,949)
(48,949)
Cash flows from flnancing activities
Other fi'nancing cash flow adjustment
Net cash (used in)Ifrom financing activities
(5,447)
(5,447)
63,173
63,173
Net Increasel(decrease) In cash and cash equlvalents
Cash and cash equivalents at beginning of year
Ca8h and cash equivalents at end of year
11,532
57,178
68,710
122,669)
79,847
57,178
The notes on pages 20 to 31 fomi part of these financlal statements.
19

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2025
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 8 Shore Road, Holywood, Down, BT18 9HX, Northem Ireland.
Statement of compllance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)> and the Companies Act 2006.
Accountlng policies
Basls of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Golng concern
There are no material uncertainties about the charity's ability to continue.
Judgement8 and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Significantjudgements
There are no signifi'cantjudgements (apart from those involving estimations) that management has
made in the process of applying the entity's accounting policies and that have the most significant
effect on the amounts recognised in the finanGial statements.
20

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 January 2025
Accountlng policies (contlnued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted fvnds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on theirexpenditure declared by the donor orthrough
the terms of an appeal, and fall into one of￿0 Su￿laSses.. restricted income funds or endowment
funds.
Incomlng re8ourc88
All incoming resources are included In the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when re￿Ipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of seNices is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
21

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
Accountlng pollcles (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement offinancial
activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the Sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible asset8
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to whlch it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the ststement of financial activities.
Depreclatlon
Depreciation is calculated so as to write off the cost orvaluation of an asset, less its residual value,
over the useful economic life of that asset as follows..
Fixtures and fittings
Motor vehicle5
Property Improvements
1 00/0 Straight line
250/0 Straight line
100/0 Straight line
Impairnient of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. ￿There the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
22

Camphill Community Holywood
Company Limited by Guarantse
Notes to the Financial Ststements {continuedJ
Year ended 31 January 2025
Accounting policios (contlnued)
Impaimient of flxed assets (continued)
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost Includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
Flnanclal Instrumonts
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Currentassets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised Gost.
Vvhere investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All Oiher such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Otherfinancial instruments are subsequently measured at fair value, with any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised underthe appropriate heading in the statement of financial acts'vities
in which the initial gain was recognised.
23

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 January 2025
Accounting policies (continued)
Financial Instruments (continued)
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Deflned contrlbutlon plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent that
the prepayment will lead to a reduction in future payments or a cash refund.
IAlhen contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which it arises.
Llmlted by guarantee
Llmlted liablllty
The liability of the Members is limited.
Member obligations
Every Member undertakes to contribute such amount as may be required, not exceeding £5, to the
Charity's assets if it is wound up while helshe is, or within one year after helshe ceases to be, a
Member for'.-
payment of the Charity's debt and liabilities contracted before helshe ceased to be a Member.,
the costs, charges and expenses of winding up; and
the adjustment of rights, between themselves, of persons who have contributed to the Charity's
assets.
Donatlons and legacles
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donations
Donations
816
816
Grants
A&NBC Award
3,075
3,075
3,891
816
3,075
24

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 January 2025
Donations and legacies {contlnu8d)
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
879
879
Grants
A&NBC Award
879
879
Charltable actlvitle8
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Residential care
Daycare
Resident recharge
320,149
18,440
13,068
320,149
18,440
13,068
351,657
279,854
15,983
12,013
307,850
279,854
15,983
12,013
351,657
307,850
other tradlng actlvltles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Shop & Bakery
Cafe
238,433
72,254
310,687
238,433
72,254
310,687
206,597
64,567
206,597
64,567
271,164
271,164
Other incom•
Unrestricted Totsi Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Other income
CCTNI Revenue Support
5,033
14,000
5,033
14,000
3,429
22,000
3,429
22,000
19,033
19,033
25,429
25,429
25

Camphill Community Holywood
Company Limitad by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2025
Costs of other trading activities
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2025
Funds
2024
Costs of other trading activities - Shop
costs
296,540
296,540
260,944
260,944
10. Exponditure on charltablo activltles by fund typo
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Community
Support costs
386,215
2,500
388,715
386,215
2,500
388,715
368,849
2,500
371,349
368,849
2,500
371,349
11. Expenditure on charltable activltles by actlvlty typ•
Activities
undertaken
directly
Support Total funds
costs
2025
Total fund
2024
Community
Governance costs
386,215
386,215
2,500
388,715
368,849
2,500
371,349
2,500
2,500
386,215
12. Net incomel(expendlture)
Net incomel(expenditure) is stated after charglngl(credits'ngl:
2025
2024
Depreciation of tangible fixed assets
7,008
6,748
13. Auditors remuneratlon
2025
2024
Fees payable for the audit of the financial statements
2,500
2,500
26

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 January 2025
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows-
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
347,372
21,214
6,785
305,766
16,231
5,743
375,371
327,740
The average head count of employees during the year was 19 (2024.. 18).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
15. Trust￿ remuneratlon and expense8
One Trustee, Ms A Diesel is a co-worker and the Community registered manager, during the
financial year 2025 she received a remuneration of £43,407 (2024 £41,284) and a pension
contribution of £1,115 (2024 - £1,051) for this position.
One Trustee, Mr M Holecki is a co-worker who lives and works within the community. All co-
workers, whether they are members of the board of Trustees or not, their needs are met by the
Community of Camphill Holyw¢x)d and includes living accommodation and daily essentials.
These costs are of a communal nature and it is not practical to place a valuation on the specific
amount.
No other remuneration or benefits from employment with the charity or a related entity were
received by the trustees;
Trustee Expenses
no trustee expenses have been incurred
27

Camphill Community Holywood
Company Limited by Guarantee
Notss to the Financial Statements (continued)
Year ended 31 January 2025
16. Tanglble fixed assets
Property
Motor Improvement
vehicles
Fixtures and
fittings
Total
Cost
At 1 February 2024
Additions
77,708
2,595
22,409
47,254
147,371
2,595
At 31 January 2025
Depreciation
At 1 February 2024
Charge for the year
At 31 January 2025
Carrylng amount
At 31 January 2025
At 31 January 2024
80,303
22,409
47,254
149,966
70,642
2,223
72,865
22,409
4,785
4,785
97,836
7,008
104,844
22,409
9,570
7,438
7,066
37,684
42,469
45,122
49,535
17. Stock8
2025
2024
Finished goods and goods for resale
25,928
32,161
18. Dgbtors
2025
2024
Prepayments and accrued income
Other debtors
1,233
7,032
754
17,855
18.609
8,265
19. Credltors: amounts falllng due wlthln one year
2025
2024
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors - Loan from CCTINI)
Other creditors
17,488
15,745
12,114
7,000
13,485
14,626
29,805
8,283
7,000
10,142
69,856
65,832
28

Camphill Community Holywood
Company Limitsd by Guarantee
Notes to the Financial Statements (c¢)ntinued)
Year ended 31 January 2025
20. Creditors: amounts falling due after more than one year
2025
2024
Other creditors - Loan from CCT(NI)
50,725
56,172
21. Pension8 and other post retlrement bonefits
Deflned contrlbutlon plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £6,785 {2024: £5,743).
22. Analysls of charltable funds
Unrestricted funds
At
1 February 2
024
At
31 January
2025
Income Expenditure
General funds
31,455
682,193
1685,255)
28,393
At
1 February 2
023
At
31 January
2024
Income Expenditure
General funds
58,426
605,322
(632,293)
31,455
Restricted funds
At
1 February 2
024
At
31 January
2025
Income Expenditure
A&NBC Award
3,075
3,075
At
1 February 2
023
At
31 January
2024
Income Expenditure
A&NBC Award
29

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (Con￿nUed)
Year ended 31 January 2025
23. Analysis of not assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net a88ets
45,122
99,828
(65,8321
(50,725)
28,393
45,122
102,903
(65,832)
(50,725)
31,468
3,075
3,075
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
49,535
107,948
(69,855)
(56,173)
31,455
49,535
107,948
(69,855)
(56,173)
31,455
24. Going concern
The charity's unrestricted funds show a net current asset position (excess of current assets over
current liabilities) of £33,996 as at 31st January 2025.
The Trustees of Camphill Community Holywood are in the process of implementing a three-year
business plan designed to bring about stability in the charity's financial position by the year ending
2025126. In addition, the Trustees are engaged in preliminary planning forthe provision of a second
residential house, which has the potential to double the current ￿Sidential capacity.
Based on these plans and the current financial position, the Trustees do not consider there to be
any material uncertainty regarding the charity's ability to continue as a going concern. Accordingly,
the financial statements have been prepared on a going con￿rn basis.
25. Analy818 of changes In net debt
At
At
1 Feb 2024 Cash flows 31 Jan 2025
Cash at bank and in hand
57,178
11,532
68,710
30

Camphill Community Holywood
Company Limited by Guarantee
Notes to the Financial Statements (cl￿(1nUed}
Year ended 31 January 2025
26. Related partles
During the year Camphill Community Holywood entered into a trading relationship with Mr Malcolm
Lefevre. The purpose of the relationship was to purchase supplies from Mr Lefevre for the store.
Mrs E Lefevre, a trustee of Camphill Community Holywood is married to Mr Lefevre. The total
amount transacted in the financial year ending 2025 £648 (2024 £432).
During the year, the charity employed the husband of Ms Andrea Diesel, a trustee of the charity.
Her husband received remuneration of £2,973 (2024.. £nill for services provided to the charity. No
amounts were outstanding at the year-end (2024: £nil). Ms Diesel was not involved in the decision
regarding her husband's employment or remuneration.
27. Ethlcal standards
In common with many other businesses of our size and nature we use our auditors to prepare and
submit returns to the tax authorities and assist with the preparation of the financial statements.
31