Standbridge Lane Community Development - Charities report

REGISTERED COMPANY NUMBER: 08163367 (England and Wales)

REGISTERED CHARITY NUMBER: 1153133

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

STANDBRIDGE LANE COMMUNITY DEVELOPMENT

TRUST

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

11

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08163367 (England and Wales)

Registered Charity number

1153133

Registered office

The Monica Graham Centre

Standbridge Lane

Wakefield

West Yorkshire

WF2 7NP

Trustees

Mrs M L Graham

Mrs L M Harmsworth (resigned 3.10.24)

Mr M Roberts

Mrs V Pawlowski (resigned 3.10.24)

Mr A Hall H&S Consultant (appointed 1.8.24)

Mr K M Burbidge Electrician

Mr A S Crone Company Director (resigned 6.5.25)

C M McCay (appointed 1.8.24)

K J McCay (appointed 6.5.25)

R Green (appointed 6.5.25)

S J Fishwick (appointed 6.5.25)

Independent Examiner

Sherice Parfitt FCCA

Harrison & Co

Chartered Accountants

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 20 April 2026 and signed on its behalf by:

R Green - Trustee

Independent examiner's report to the trustees of Standbridge Lane Community Development Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you 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 as 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 examiner's 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:

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 accounting 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.

Sherice Parfitt FCCA

Harrison & Co

Chartered Accountants

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

20 April 2026

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

67,080

-

67,080

71,355

Charitable activities

General

32,992

-

32,992

99,928

Investment income

2

574

-

574

-

Total

100,646

-

100,646

171,283

EXPENDITURE ON

Raising funds

-

4,823

Charitable activities

General

90,391

-

90,391

78,830

Total

90,391

-

90,391

83,653

NET INCOME

10,255

-

10,255

87,630

RECONCILIATION OF FUNDS

Total funds brought forward

220,809

15,004

235,813

148,183

TOTAL FUNDS CARRIED FORWARD

231,064

15,004

246,068

235,813

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

6

194,436

-

194,436

98,390

CURRENT ASSETS

Debtors

7

5,381

-

5,381

5,745

Cash at bank and in hand

42,857

15,004

57,861

142,195

48,238

15,004

63,242

147,940

CREDITORS

Amounts falling due within one year

8

(11,610

)

-

(11,610

)

(10,517

)

NET CURRENT ASSETS

36,628

15,004

51,632

137,423

TOTAL ASSETS LESS CURRENT
LIABILITIES

231,064

15,004

246,068

235,813

NET ASSETS

231,064

15,004

246,068

235,813

FUNDS

9

Unrestricted funds

231,064

220,809

Restricted funds

15,004

TOTAL FUNDS

246,068

235,813

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 April 2026 and were signed on its behalf by:

K J McCay - Trustee

R Green - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

2% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

20% Straight line

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

574

-

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Depreciation - owned assets

4,377

4,559

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

71,355

-

71,355

Charitable activities

General

99,928

-

99,928

Total

171,283

-

171,283

EXPENDITURE ON

Raising funds

4,349

474

4,823

Charitable activities

General

78,830

-

78,830

Total

83,179

474

83,653

NET INCOME/(EXPENDITURE)

88,104

(474

)

87,630

RECONCILIATION OF FUNDS

Total funds brought forward

132,705

15,478

148,183

TOTAL FUNDS CARRIED FORWARD

220,809

15,004

235,813

6.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

COST

At 1 August 2024

117,950

15,171

15,587

148,708

Additions

100,423

-

100,423

At 31 July 2025

218,373

15,171

15,587

249,131

DEPRECIATION

At 1 August 2024

22,593

13,605

14,120

50,318

Charge for year

3,028

860

489

4,377

At 31 July 2025

25,621

14,465

14,609

54,695

NET BOOK VALUE

At 31 July 2025

192,752

706

978

194,436

At 31 July 2024

95,357

1,566

1,467

98,390

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

5,381

5,745

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

10,019

6,964

Accrued expenses

1,591

3,553

11,610

10,517

9.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.24

in funds

31.7.25

£

Unrestricted funds

General fund

220,809

10,255

231,064

Restricted funds

Restricted fund

15,004

-

15,004

TOTAL FUNDS

235,813

10,255

246,068

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

100,646

(90,391

)

10,255

TOTAL FUNDS

100,646

(90,391

)

10,255

Comparatives for movement in funds

Net

movement

At

At 1.8.23

in funds

31.7.24

£

Unrestricted funds

General fund

132,705

88,104

220,809

Restricted funds

Restricted fund

15,478

(474

)

15,004

TOTAL FUNDS

148,183

87,630

235,813

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

171,283

(83,179

)

88,104

Restricted funds

Restricted fund

-

(474

)

(474

)

TOTAL FUNDS

171,283

(83,653

)

87,630

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.8.23

in funds

31.7.25

£

Unrestricted funds

General fund

132,705

98,359

231,064

Restricted funds

Restricted fund

15,478

(474

)

15,004

TOTAL FUNDS

148,183

97,885

246,068

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

271,929

(173,570

)

98,359

Restricted funds

Restricted fund

-

(474

)

(474

)

TOTAL FUNDS

271,929

(174,044

)

97,885

10.	CONTINGENT LIABILITIES

It has been brought to the trustees attention that no water rates have been charged to the charity in relation to the freehold property since its acquisition from Wakefield Council. It may transpire that the council have maintained payment of the rates to Yorkshire Water and therefore no liability will ensue. As the amount is as yet unquantifiable and very much uncertain no monetary adjustments have been made to the accounts.

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2025.