2024-07-01 07982400 2025-06-30 07982400 2024-07-01 2025-06-30 07982400 uk-bus:Director1 2024-07-01 2025-06-30 07982400 uk-bus:Director1 2025-06-30 07982400 uk-bus:Director2 2024-07-01 2025-06-30 07982400 uk-bus:Director2 2025-06-30 07982400 uk-bus:Director3 2024-07-01 2025-06-30 07982400 uk-bus:Director3 2025-06-30 07982400 uk-bus:Director4 2024-07-01 2025-06-30 07982400 uk-bus:Director4 2025-06-30 07982400 uk-bus:Director5 2024-07-01 2025-06-30 07982400 uk-bus:Director5 2025-06-30 07982400 uk-bus:Director6 2024-07-01 2025-06-30 07982400 uk-bus:Director6 2025-06-30 07982400 uk-bus:Director7 2024-07-01 2025-06-30 07982400 uk-bus:Director7 2025-06-30 07982400 uk-bus:Director8 2024-07-01 2025-06-30 07982400 uk-bus:Director8 2025-06-30 07982400 uk-bus:Director9 2024-07-01 2025-06-30 07982400 uk-bus:Director9 2025-06-30 07982400 2024-06-30 07982400 2023-07-01 2024-06-30 07982400 uk-char:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds 2024-07-01 2025-06-30 07982400 uk-core:WithinOneYear 2025-06-30 07982400 uk-core:WithinOneYear 2024-06-30 07982400 uk-char:TotalRestrictedIncomeFunds 2025-06-30 07982400 uk-char:TotalRestrictedIncomeFunds 2024-06-30 07982400 uk-char:TotalUnrestrictedFunds 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds 2024-06-30 07982400 uk-core:PlantMachinery 2024-07-01 2025-06-30 07982400 uk-char:Activity1 2024-07-01 2025-06-30 07982400 uk-char:Activity1 2023-07-01 2024-06-30 07982400 uk-char:Activity2 2024-07-01 2025-06-30 07982400 uk-char:Activity5 2024-07-01 2025-06-30 07982400 uk-core:WithinOneYear 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund10 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund7 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund1 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund12 2024-07-01 2025-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund10 2023-07-01 2024-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund7 2023-07-01 2024-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund1 2023-07-01 2024-06-30 07982400 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund12 2023-07-01 2024-06-30 07982400 uk-char:TotalUnrestrictedFunds 2023-07-01 2024-06-30 07982400 uk-char:MaterialFund7 uk-char:TotalUnrestrictedFunds 2024-07-01 2025-06-30 07982400 uk-char:MaterialFund12 uk-char:TotalUnrestrictedFunds 2024-07-01 2025-06-30 07982400 uk-char:MaterialFund10 uk-char:TotalUnrestrictedFunds 2024-07-01 2025-06-30 07982400 uk-char:MaterialFund1 uk-char:TotalUnrestrictedFunds 2024-07-01 2025-06-30 07982400 uk-char:TotalRestrictedIncomeFunds uk-char:MaterialFund11 2024-07-01 2025-06-30 07982400 uk-char:TotalRestrictedIncomeFunds uk-char:MaterialFund3 2024-07-01 2025-06-30 07982400 uk-char:TotalRestrictedIncomeFunds uk-char:MaterialFund11 2023-07-01 2024-06-30 07982400 uk-char:TotalRestrictedIncomeFunds uk-char:MaterialFund3 2023-07-01 2024-06-30 07982400 uk-char:TotalRestrictedIncomeFunds 2023-07-01 2024-06-30 07982400 uk-char:MaterialFund3 uk-char:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 07982400 uk-char:MaterialFund11 uk-char:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure 07982400 uk-bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 07982400 uk-bus:FRS102 2024-07-01 2025-06-30 07982400 uk-bus:FullAccounts 2024-07-01 2025-06-30

(England and Wales)

Company number: 07982400

Charity number: 1147358

Working Together (Ludlow) Limited

For the year ended 30 June 2025
Report of the Trustees and Examined Financial Statements

2
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Contents Page
1 to 4
Report of the Trustees
5
Independent Examiner's Report to the Trustees
6
Statement of Financial Activities
7
Statement of Financial Position
8 to 17
Notes to the Financial Statements
3
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Report of the Trustees

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the
financial statements for the charitable company for the year ended 30 June 2025. The Trustees have adopted the provisions
of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102)
(effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims

Working Together is a charity supporting people with learning disabilities and difficulties. We offer supportive opportunities for adults and young people aged 11 and over and promote the positive role people with learning disabilities can play in the local community. Our aims are to foster a welcoming, loving and supporting environment to: ·promote happiness, good health and wellbeing; ·encourage a strong sense of belonging; ·develop a stimulating and creative work and social environment; ·encourage all to develop their own skills and talents; ·do what we can as well as we can; ·create an environment where all are valued, appreciated and included; ·encourage the inclusion of people with learning disabilities in all aspects of community life

Statement on public benefit

Working Together (Ludlow) Limited's charitable purpose is enshrined in its objectives and delivers public benefit through the work it performs in delivering these objectives. The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Volunteers

The Trustees are very grateful for the commitment and dedication given by the Working Together volunteers through this year. Our volunteers support the staff team and our members at our daytime activities at Rockspring, Youth Club, Diversity, Sewing Bee and Writers' Club. Our wonderful, reliable volunteers in Craven Arms continue with their hard work and committment at the Charity Bookshop, providing a sustainable fundraising stream for the charity as well as opportunities for our members to get involved in stock management, book stalls at local events, enjoyment of books and generating online sales. Key Personnel Changes All our staff, daytime and evening, have continued to work tirelessly, with dedication and commitment to deliver the very best services and support to our members and their families. There have been no new appointments during the year, but staff members continue to be flexible in their hours to meet the demands of the rota and to reflect further increases in the number of daytime members and commissioning framework requirements. The Trustees would like to express their gratitude to all the staff, who continue to go above and beyond, to support our members and the wider Working Together family.

1 of 17
4
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Report of the Trustees Continued
ACHIEVEMENTS AND PERFORMANCE
Significant activities

Working Together has continued to promote a positive image of the role that people with learning disabilities and difficulties can play in the wider community. Our members are well-known, liked and respected throughout the local area. The space we have at the Rockspring Centre has enabled us to continue to grow our membership and deliver high quality services 5 days a week. During 2024/25 numbers attending each day have continued to increase. Youth Club continues to thrive, with the ongoing support of Children in Need, delivering a comprehensive weekly programme of positive opportunities and activities on a Tuesday evening. Diversity continues, with participating members enjoying a wide range of social activities each fortnight. The Rockspring Centre offers:· A place for people to come together to learn, build confidence and make friends· A skills training centre for our members, particularly in relation to food and drink· Arts and crafts workspace · A social club and safe haven· A friendly meeting point for supporters, members and volunteers The outside space at Rockspring offers gardening activities, outside seating areas, pizza oven and barbeque facilities. All our activities provide opportunities for our members to learn independence, life and social skills, and with support to maintain and progress work based programmes. All of the food produced at Working Together is prepared with the help and input of our members with learning disabilities and difficulties. Our staff team and volunteers support members to prepare, cook and serve each other, the weekly Rockspring community lunch and visitors to the mini café. They are also involved in the compliance management of food hygiene such as the opening and closing procedures, fridge and freezer temperature monitoring etc. Social and Activity Projects including Youth Club, Diversity, Sewing Bee and Writers' Club:Youth Club (11-18) - Weekly Youth Club sessions, held at Rockspring, have included the following activities: · Food preparation and tasting - Crafts - Physical activities· Use of computers · Communication games Diversity (18+)Diversity is for members aged over 18 and includes fortnightly Diversity evenings with social activities based on the interests of members. Events have included: . Meals out. Bowling and croquet . Quiz nights Sewing Bee and Makers Club encourages members to develop and improve their sewing and crafting skills. Writers' Club encourages members to share their creative writing. Our regular Newsletter shares stories, photos and useful information with our members and supporters. Trustees have met quarterly, both in person and/or via Zoom.

2 of 17
5
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Report of the Trustees Continued

FINANCIAL REVIEW

Total receipts for the year were £208,948 of which £204,824 were to unrestricted funds and £4,124 were restricted to specified projects. Member fees contributed £143,682, an increase of 21% on last year, reflecting the increased number of day places for members across five days and an annual uplift in fees payments by the local authority. The Charity Bookshop generated £41,442. Donations provided a further £15,259 from a broad range of valued donors and attendance at various events including the Spring Festival and Ludlow Food Festival. Grants received totalled £5,474. Children in Need approved a three year funding application effective from February 2025. Donations show an increase on the previous year following some significant fundraising by supporters. Total payments for the year were £192,679 of which £132,508 was spent on wages following establishment growth to reflect growing member numbers and building responsibilities. The excess of payments over receipts was £19,029 which allows £189,347 to be carried forward into next year.

Reserves

It is our policy to try to maintain a balance of unrestricted funds which equates to at least 6 months unrestricted payments. This is equivalent to £90,425. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance on unrestricted funds at the year-end of £182,012, means that the charity has achieved this target for 2024/25. We still await progress on the lease for our space at the Rockspring Centre from the local authority, which, once signed will increase our associated outgoings and liabilities. Looking forward, Trustees will continue to keep close management of the finances to ensure the charity remains in a strong financial position.

Going concern

The financial position of the Charity remains sound. Income levels are increasing in line with our Business Plan, by
continuing to improve our daytime offer and the number of members attending daytime activities. This fee income is
supplemented by income generated at the Charity Bookshop. We have been able to maintain sufficient income levels to
meet our closely managed expenditure.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Working Together (Ludlow) Limited is a company limited by guarantee, registered in England and Wales and is governed by
its Memorandum and Articles of Association.

The company's registered address is the same as its principal address.

It is registered as a charity with the Charity Commission.

Recruitment and appointment of trustees

Each new trustee receives an induction from the Chairman and the Chief Officer. DBS checks are carried out on trustees if they are actively involved in service activity within the organisation.

REFERENCE AND ADMINISTRATIVE INFORMATION

Working Together (Ludlow) Limited

Name of Charity

Charity registration number

1147358
07982400

Company registration number

Rockspring Centre

Principal address

Sandford Road

Ludlow

SY8 1SX

3 of 17
6
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Report of the Trustees Continued

Trustees

The trustees and officers serving during the year and since the year end were as follows:
Emily Moseley
Louise Anton (Resigned on 12/11/2024)

(Resigned: 12 November 2024)

Julian Crumbleholme
Alison Holman
Michael Beazley MBE
Nicola North - Chair
Julia Maxwell Muller
Alison Carr (appointed on 09/03/2025)

(Appointed: 09 March 2025)

Kay Hedges (appointed on 18/02/2025)

(Appointed: 18 February 2025)

Nigel Bishop

Senior management

JJ Accounts Limited

Independent examiners

Redroofs
Berrington Road
Tenbury Wells
WR15 8EN
Lloyds Bank plc

Bankers

Broad Street
Ludlow
SY8 1NQ
PO Box 12892
Dunmow
Essex
CM6 9DL

.............................................................................

Approved by the Board of Trustees and signed on its behalf by

02 December 2025

Nicola North - Chair

4 of 17
7
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Independent Examiners Report to the Trustees

I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination
giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the
accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended
Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.

JJ Accounts Limited
Redroofs
Berrington Road
Tenbury Wells
WR15 8EN
02 December 2025
5 of 17
8
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Statement of Financial Activities (including Income and Expenditure Account)

Notes

2024
2025

Restricted
funds

Unrestricted
funds

£

£

£

£

Income and endowments from:

Donations and legacies

20,733
20,872
4,124
16,609
2

Charitable activities

3
116,569
141,494
-
141,494
Daytime activities
2,057
2,188
-
2,188

Social and Active Projects -
Youth Club and Diversity

37,213
41,442
-
41,442
Book Shop

Other trading activites

4
834
-
834
1,938

Other activities for generating
funds

Investments

5
2,274
2,257
-
2,257

Bank interest receivable

Total

208,948
180,923
4,124
204,824

Expenditure on:

Charitable activities

6/7
(120,553)
(158,278)
(763)
(157,515)
Daytime activities
(10,899)
(13,488)
(11,067)
(2,421)

Social and Active Projects -
Youth Club and Diversity

(19,701)
(20,913)
-
(20,913)
Book Shop

Total

(192,679)
(151,153)
(11,830)
(180,849)

Net gains/(losses) on investments

(1,449)
-
-
(1,449)

Other recognised gains/losses

Net movement in funds

14,820
29,770
(7,706)
22,526

Reconciliation of funds

Total funds brought forward

140,548
170,318
10,832
159,486

Total funds carried forward

182,012
3,126
185,138
170,318
6 of 17
9

07982400

Registered Number :

As at 30 June 2025

Working Together (Ludlow) Limited
Statement of Financial Position

£

£

Notes

2025
2024

Fixed assets

Tangible assets

7,989
6,730
12

Investments

33,551
-
13
41,540
6,730

Current assets

15,242
7,097
14
Debtors

Cash at bank and in hand

146,433
165,755
161,675
172,852

Creditors: amounts falling due within one year

(13,869)
(9,264)
15
Net current assets
147,806
163,588

Total assets less current liabilities

189,346
170,318
(4,208)
-

Provisions for liabilities

Net assets
185,138
170,318

The funds of the charity

Restricted income funds

16
3,126
10,832

Unrestricted income funds

16
182,012
159,486

Total funds

185,138
170,318

For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

02 December 2025

Nicola North - Chair

7 of 17
10
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Working Together (Ludlow) 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 accounting policy note(s).

Going concern

The accounts have been drafted on the basis that the charity is a going concern.

Funds

Funds held by the charity are either Unrestricted income funds are those funds which can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds are those funds donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income including donations, legacies and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Deferred income represents amounts received for future periods and is released to incoming resources in the period for which it has been received. Such income is only deferred when - the donor specifies that the grant or donation must only be used for future accounting periods; or- the donor has imposed conditions which must be met before the charity has unconditional entitlement. Incoming resources from tax reclaims are included in the statement of financial activities when received. Income derived from events is recognised as earned (that is, as the related goods or services are provided). Investment income is recognised on a receivable basis. The value of voluntary help received is not included in the accounts.

Donated services and facilities

Donated services and facilities are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the Charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the Charity of the service or facility received.

8 of 17
11
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Charitable activities

The activities of the Charity are those of developing work skills and providing social opportunities for its members.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example allocating staff costs by the time spent and other costs by their usage.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% per annum on cost

Plant and machinery

2. Income from donations and legacies

2024
2025

Restricted
funds

Unrestricted
funds

£

£

£

£

Donations received

9,092
15,259
-
15,259

Grants received

11,780
5,474
4,124
1,350
20,872
20,733
4,124
16,609
9 of 17
12
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

Analysis of grants received

2025
2024

£

£

4,124
9,830
BBC Children in Need
-
1,000
Bella Acapella
300
-
Flowfit
1,500
-
Ludlow Golf Club
5,640
-
M Davies
3,088
1,952
Other
1,350
1,950
Shropshire Council
981
3,087
Spring, Food and Winter Festivals
1,000
-
Tesco Groundworks
2,000
2,000
The Millichope Foundation
-
1,053
The Squirrel
750
-
White Stuff
20,872
20,733

3. Income from charitable activities

2024
2025

£

£

Unrestricted funds

Daytime activities
3,962
3,641
Food sales
137,532
112,928
Members' contributions
141,494
116,569

Social and Active Projects -
Youth Club and Diversity

2,188
2,057
Members' contributions
Book Shop
41,442
37,213

Income from charitable
activities

155,839
185,124
10 of 17
13
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

4. Income earned from other activities

2024
2025

£

£

Unrestricted funds

1,938
834

Other activities for generating
funds

1,938
834

5. Investment income

2024
2025

£

£

Unrestricted funds

Bank interest receivable

2,257
2,274
2,274
2,257
Investment income arises from interest earned on the funds held in the deposit account.

6. Costs of charitable activities by fund type

2024
2025

Restricted
funds

Unrestricted
funds

£

£

£

£

137,715
763
104,917
138,478
Daytime activities
2,421
11,067
10,899
13,488

Social and Active Projects -
Youth Club and Diversity

10,678
-
11,301
10,678
Book Shop
30,035
-
24,036
30,035
Support costs
180,849
11,830
151,153
192,679
11 of 17
14
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

7. Costs of charitable activities by activity type

2024
2025

Support
costs

Activities
undertaken
directly

£

£

£

£

Support costs

Daytime activities
158,278
19,800
138,478
120,553

Social and Active Projects -
Youth Club and Diversity

13,488
-
13,488
10,899
Book Shop
20,913
10,235
10,678
19,701
162,644
30,035
192,679
151,153

8. Analysis of support costs

2024
2025
Book Shop

Daytime
activities

£

£

£

£

Administration
3,848
-
3,848
2,954
Premises
5,386
10,235
15,621
14,696
Insurance
1,107
-
1,107
1,058
Subscriptions
1,434
-
1,434
924

Repairs and
maintenance

2,538
-
2,538
2,324
Governance costs
5,487
-
5,487
2,080
24,036
19,800
10,235
30,035

9. Net income/(expenditure) for the year

The net income for the year is £14,820 (2024 £29,770).
12 of 17
15
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

10. Staff costs

Total staff costs for the year ended 30 June 2025 were:

2025
2024

£

£

Salaries and wages

128,210
100,901

Social security costs

2,852
823

Pension costs

1,446
905
132,508
102,629
2025
2024
2
Administration

2

9
Charitable Activities

8

10

11

11. Comparative for the Statement of Financial Activities

2024

Restricted
funds

Unrestricted
funds

£

£

£

Income and endowments from:

Donations and legacies

20,872
9,830
11,042

Charitable activities

155,839
-
155,839

Other trading activites

1,938
-
1,938

Investments

2,274
-
2,274

Total

180,923
9,830
171,093

Expenditure on:

Charitable activities

(141,958)
(9,195)
(151,153)

Total

(151,153)
(9,195)
(141,958)
29,770
635
29,135

Net income

Reconciliation of funds

Total funds brought forward

140,548
10,197
130,351

Total funds carried forward

159,486
10,832
170,318
13 of 17
16
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

12. Tangible fixed assets

Plant and
machinery

Cost or valuation

£

17,428

At 01 July 2024

6,149

Additions

Disposals

(249)

At 30 June 2025

23,328

Depreciation

10,698

At 01 July 2024

(125)

Disposals

Charge for year
4,766
15,339

At 30 June 2025

Net book values

At 30 June 2025

At 30 June 2024

7,989
6,730

Investments

13. Analysis of investments between funds as at year ended 30 June 2025

Unrestricted funds

£35,000 was invested in the COIF Charities Ethical Investment Fund Account on 4 December 2024. At 30 June 2025 the
investment had a value of £33,551, a reduction of £1,449.

14. Debtors

2025
2024

£

£

Amounts due within one year:

Prepayments and accrued income

3,631
-

Other debtors

11,611
7,097
15,242
7,097
14 of 17
17
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

15. Creditors: amounts falling due within one year

2025
2024

£

£

Trade creditors

592
72

Other creditors

7,080
7,577

Accruals and deferred income

6,197
1,615
13,869
9,264
A provision for doubtful debts of £4,208 was set up during the year.

16. Movement in funds

Unrestricted Funds

Balance at
01/07/2024

Incoming
resources

Outgoing
resources

Gains and
losses

Balance at
30/06/2025

£

£

£

£

£

General
38,085
41,442
(20,913)
-
58,614
Book Shop
14,021
2,077
(2,421)
-
13,677
Diversity
105,425
159,844
(157,515)
(1,449)
106,305
Daytime Activities
1,955
1,461
-
-
3,416
Youth Club
159,486
204,824
(180,849)
(1,449)
182,012

Unrestricted Funds - Previous year

Balance at
01/07/2023

Incoming
resources

Outgoing
resources

Gains and
losses

Balance at
30/06/2024

£

£

£

£

£

General
20,574
37,212
(19,701)
-
38,085
Book Shop
13,472
2,953
(2,404)
-
14,021
Diversity
95,404
129,874
(119,853)
-
105,425
Daytime Activities
901
1,054
-
-
1,955
Youth Club
130,351
171,093
(141,958)
-
159,486
15 of 17
18
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

Purpose of unrestricted Funds

Diversity

This project provides members with activities and events that help them to build confidence and improve their communication skills both within the group and the wider public.

Youth Club
This fund helps to provide weekly activities for 11 to 18 year olds.
Book Shop

Bookshop has brought a new fundraising stream to the charity together with new opportunities for our members to get involved in stock management, enjoyment of books and online sales.

Daytime Activities
This fund includes the income and expenditure relating to food production, sewing bee and writers' clubs.

Restricted Funds

Balance at
01/07/2024

Incoming
resources

Outgoing
resources

Balance at
30/06/2025

£

£

£

£

Daytime Activities
895
1,657
-
(762)
Youth Club
2,231
9,175
4,124
(11,068)
10,832
4,124
(11,830)
3,126

Restricted Funds - Previous year

Balance at
01/07/2023

Incoming
resources

Outgoing
resources

Balance at
30/06/2024

£

£

£

£

Daytime Activities
1,657
2,357
-
(700)
Youth Club
9,175
7,840
9,830
(8,495)
10,197
9,830
(9,195)
10,832

Purpose of restricted funds

Youth Club
This project is funded by Children in Need to provide Youth Club facilities for 11 to 18 years olds.
Daytime Activities
This fund includes the income and expenditure relating grants for specific items to assist with daytime activities.
16 of 17
19
For the year ended 30 June 2025
Working Together (Ludlow) Limited
Notes to the Financial Statements Continued

17. Analysis of net assets between funds

Tangible
fixed assets

Investments

Net current
assets /
(liabilities)

Provisions
Net Assets

£

£

£

£

£

Unrestricted funds
General
-
-
58,614
-
58,614
Book Shop
117
-
13,560
-
13,677
Diversity
7,500
33,551
69,462
(4,208)
106,305
Daytime Activities
-
-
3,416
-
3,416
Youth Club
Restricted funds
237
-
658
-
895
Daytime Activities
135
-
2,096
-
2,231
Youth Club
7,989
33,551
147,806
(4,208)
185,138

Previous year

Tangible
fixed assets

Investments

Net current
assets /
(liabilities)

Provisions
Net Assets

£

£

£

£

£

Unrestricted funds
General
-
-
38,085
-
38,085
Book Shop
234
-
13,787
-
14,021
Diversity
5,277
-
100,148
-
105,425
Daytime Activities
-
-
1,955
-
1,955
Youth Club
Restricted funds
999
-
658
-
1,657
Daytime Activities
220
-
8,955
-
9,175
Youth Club
6,730
-
163,588
-
170,318
17 of 17