RE615TERED CHAPIry WM8Ek: SC029738 [hJ11¢d FinaKiol Stot¢m¢nts for the Year Ended 31 Marth 2025 CRA16NEVK uFEL0 LEARNIN AssoaAnON WDM Associates Oakf ield House 378 Bron(l)n Street I&?therlI IILI IXA
TrA16NEUK UFELON6 LEAftN ASSOCIATION Crntents of the FiMn¢iol Stotements for the Year Ended 31 Marth 2025 P*tye Report of the Tste¢S Statanent of Fi1¢1 Activities Baldnce She es to tho Financial Statements Detoiled Statement of Finoncial Activities 9 to 10
CRA16NEVK UFELCfr4 LEARNINS ASSOCIATION of tht Trustees for the Y¢or Ended 31 Alth*eh 2025 The tntstees present their report wth tIR fiTh]nctal statements of the chority for year eythd 31 March 2025. The trustees have (thpted wowsions of AccoLntiTrJ ond Reportin9 by awities. Statenxnl of (oMnded Proctice applicable to clh2fities prepJrin9 their acc¢)unts In occordance th the Financial Reportin9 Standord opplic0b in the UK and Repblic of {FRS 102) (eff ective l Jorw 2019) STRucfuAE. 60VERNAKfE AND MANAGEMENT The chority Is contrnlkd by tts FNtrnip9 docunxnt. o &ed of trtot aNI constitutes (m nInrFX)rQfed chority. REFEftEN AND ADMINISTrATIVE DEfAILS Regstered C1ty rnffiber SC029738 prI1PaI ad&ess Trustees 16/1a/as Apwov¢d by order of the bo¢rd of trustees on .- . and $19ffd on Its bthalf by
CRA16NEUK UFELOKS LEAftNI AssoaAnON staterne of Fina101 Activities for the Year Ended 31 March 2025 2025 2024 Total funds Unrestricted fund tes INCOME AND ENDOWMENTS FROM Donations and legacies 76,057 62.151 Charitable octivities Direct Costs 6.29) 6,3 Other tradiTrvJ actiwties Other Income 2.228 193 2,162 Totol 84 728 70.613 EXPENDfwAE ON Chariroblt tIll¢S DirecT Costs 66.154 62.889 Other 2.737 1.351 Total 68.891 64.240 NET ThJCOME 15.837 6.373 RECONCIUATION OF FUNDS Total f unds broU9ht forword 32.184 25,811 TOTAL FUNDS CARRIED FORWAkts 48,021 32.184 The te$ form p)rt of these fIn¢101 statements Poge 2
CRA16fvEUK UFELON6 LEARNI ASSOCIATION 8altyKe Sheet 31 March 2025 2025 Vnrestricted fsjnd 2024 Total funds Notes FIXED AssErs rttn9ib assels 650 CURRENT ASSErs ash at bank and In hand 47.371 30.884 NET CURRENT ASSErs 47.371 30,884 TOTAL ASSETS LESS LilkRENT LIABILITIES 48.021 32,184 NET ASSETS 48.021 32,184 FVNDS Unrestricted f unds 48.021 32,184 TOTAL FUNDS 48.021 32,184 The f iTh)nciol stoteprznts were oppr¢¥ed by the 8oard of Trusie¢s ttnd authorised for tssue o und *re sigrd on ils behalf by.. 16/1a/as The rotes form p]rl of these f irnnciol stolements Poge 3
CRA16NEUK UFELoN LEARNI ASSOCIAfioN Notes to the Financial StatMi¢nts for the Year Endtd 31 March 2025 ACCNTI5 POUCIES Basi¥ of FYeparir<J the findnciol itatem¢nt5 The f Inanciol statements of the charity, which Is a public benef It entity under FRS 102. have been prep2red in occordan¢e with the Chorities SORP (FRS 102) 'Accountin9 and Reportin9 by Charities.. Statement of Recommended Practice applicable to charities preporin9 their accounts In accordonce with the Financial Reportin9 Standard applicable In the UK and Republic of Ireland IFRS 102) (effective l January 2019),, Flmncial Reporting Standord 102 'The Financial Reporting Stondord applicab in the UK and Republic of Ireland, and the Chorities and Trustee Investment (Scotlond) Act 2C(15. The financial statements hove been prepared under the historical cost convention. Income All Income IS recognised In the Statenxnt of Finan¢i¢l Activities once the ¢hority has entitlerrent to the funds, It Is probable that the Income will be received and *he amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a le9al or constructive obli9Jtion committing the charity to that expenditure, It Is probabk that a transfer of economic benef Its will be required In settlement and the amount of the obli9ation can be measured reliably. Expenditure is accounted for on an accruals basis and has been ¢k]ssif led under headin9S that Q99re9ate oll cost related to th¢ catesry. Where costs cannot è¢ directly attributed to particuhr headirgs they have been allocated to thctivities on o ba$1$ consistent with the use of resources. Gronts of fered subject to toiditions which have not been met at the year end date are noted as a Commitment Jt Th)t accrued as expenditure. Tdrgble f ixed 03s¢ts Depreciation is provided ot the folbwin9 annual rates In order to write of f eoch asset over It$ estinled usef ul life. Idotor vehi¢les 25 10 on cost Taxotio The chority IS exempt f rom tax on its charitable activities. Fund oc¢ountiThJ Vnrestricted funds can be used In accordance with the charitable objectives ot the discretion of the trustees. Restricted funds Can only be used for particular restricted purp)ses within the objects of the charity. Restrictions arise when specif led by the dornir or when f unds ar¢ raised for p2rticular restricted purwsts. Further explanation of the rnture ond purpose of each fund Is Included In the p¥Jtes to th¢ fIn(la1 statements Hire pJrchose and leasirbj Commitments Rentals poid under operatin9 leases are charged to the Statement of Financial Activities on a straight line bosis over the period of the lease. Pa9e 4 continued...
CkAIthEUK uFEL LEARNI ASSoaATION ¢5 to the Findncial Statements - contirrtxd for th¢ Y¢or Ended 31 March 2025 2025 2024 Fundraisin9 events 2.228 2.162 TrUSTEES' REMUNERATION AND BENEFrrs There re trustees, reMUratIOn or other berf Its for the year ended 31 Morch 2025 Mr for tFe year ended 31 llarch 2024, Trnstees. expenses There were no trustees expenses paid for the year ended 31 Pomch 2025 Mr for the yedr ended 31 Mar¢h 2024 COMPAAATIVES FOR ThE STATEMEwf OF FINANaAL AcrIvrrIES Unrestricted fund INCOME ANL) ENDoWmErS FROM Donations and legacies 62.151 Charitoble ¢xtMti¢s Direct Costs 6.3(X) Other tradiry o¢tiwties 2,162 Total 70,613 EXPENDITURE ON Charitable octr¥ities Direct Costs 62.889 Other 1.351 Total 64,240 NEf INCOME 6,373 RECONCILIATIThN OF FUNDS Total funds brought forword 25.811 TOTAL FUNDS CAAPIEf) FORWARD 32.184 Po9e 5 continued...
CRA16NEUK UFELONJS LEARNI ASSOaATION fvknt¢s to the FinoKial Statements - for the Year Ended 31 M¢irch 2025 TANISIBLE FIXED ASSErs Mtstor vehicles COST At l April 2024 and 31 Alorch 2025 2.6C(I DEPkEaAnON At l April 2024 Charge f or year 1.3Cx) 69) A* 31 March 2025 1.99) NET BOOK VALUE At 31 March 2025 65) At 31 l#larch 2024 1.3CQ MOVEMENf IN FiJNC>s movement In f unds At 31.3.25 At 1.4.24 Unrestricted flS General fund 32.184 15.837 48.021 TOTAL FUNDS 32.184 15.837 48.021 t Thvement in funds. In¢ludtd in the otove ore as follows. Incoming resources Resources expended Movement In funds Unrtstricted funds Gera1 fund 84,728 (68.891) 15.837 TOTAL FUNDS 84.728 (68.891) 15.837 Page 6 continued...
CRA16NEUK LIFELOKS LEARNI ASSOCLATION Notes to the Finoneial Statements for the Year Ended 31 Morth 2025 contird MOVEMENT IN FUNDS - contird Comparatives for movement in fuTrJs movement In f unds At 31.3.24 At 1.4.23 Urrtstricted funds 6eneral fund 25,811 6.373 32,184 TOTAL FUNDS 25.811 6,373 32.184 Comp3rativ¢ net mvement in funds, Included In the above art as follows.. Incomin9 resources ¢sources expended m0Ment In f unds Unrestricted funds Gertrol fund 70.613 (64,240) 6,373 TOTAL FUNDS 70.613 {64.240) 6.373 A current year 12 months and prior year 12 months Combid p)sition is as f ollows.. movement In funds At 31.3.25 At 1.4.23 Unrestricted funds 6enertsl f und 25,811 22.210 48,021 TOTAL FUNDS 25,811 22,210 48,021 Poge 7 continued...
CRA16NEUK FEL0 LEARNINS ASSOCIATION Notes to the Financiol statements for the Year Ended 31 M¢wch 2025 ontinu¢d MOVEMEW IN FUNDS - confird A current year 12 months and prior year 12 months ¢ombined net rnovement In f unds, Included In the above ore as follows.. Incorning restsurces Resources expended Movement in funds Urr¢stricted Gera1 fund 155.341 (133,131) 22,210 TOTAL FUNDS 155.341 {133,131) 22.210 RELATED PAkTY DISCLOSJRES There were no related porty transactions for the year tnded 31 March 2025. Page 8
CAA16NEIJK LIFELON6 LEARNTh6 ASSOCIATION Detailed Statement of Finoncial A¢ti¥iti¢s for the Year Ended 31 March 2025 2025 2024 INCOME AND ENt)OWMENrs Donatlons and legacies NLC grant Fees received Donolions Cornmunity Co-op The Fkntiornl Lottery Awards for All The F&Jtiorol Lottery Community Led 6ronts 18.747 1.146 3.216 6.796 20,CO) 26.152 17,810 754 1.992 5.952 io.c(o 25,643 76,057 62,151 Other tradiry activities Fundraising tvents 2.228 2.162 Charitable actfvities 6ronts 6.250 6.3CQ Other income HMRC 6ift Aid 193 Totol in¢omiry res4xrces 84 728 70.613 EXPENt)rrvRE Charitable activities Wa9es Tutors Insurance Event costs Professional Fees Rent Mis¢ellaP0us Exp Comrnunity CO-OP Local Activity Fund Grants to Individ15 36.253 1.2CQ 796 1.166 966 5.640 1.719 io.c(o 1.990 3.461 31.836 1.229 1.414 2.634 880 5.640 859 iO.(JYJ 63.191 59.492 Oth¢r Motor expenses C<wried forv4wd 2.079 2.079 701 701 Thls FK]9e &xs rot form rI of the statutory fIrKctl stotements Po9e 9
CRA16NEUK UFEL0 LEAkNIK6 ASSOCIATION tsetailed Stotement of Fimntiol Activities for the Yeor Ended 31 Alarch 2025 2025 2024 Other Brought formird Alotor vehicles 2.079 650 701 6XJ 2,729 1.351 SJppJrt costs Miwm¢nt Other operating knses Slpplies d Services 672 19) 672 848 862 1,520 Infonnation technol Repairs and re11$ 84 Other Hy9ient supplies Tepho Postoge and statior*ry 220 1.179 478 1.993 24 2.025 1.877 Total resources expended 68.891 64.240 Net IOffi¢ 15.837 6,373 This thes Th)t forrn part of the statutory firclaI statements Pt¥ 10