Greystone Community Association Charity Accounts

COMPANY REGISTRATION NUMBER: 08322663

CHARITY REGISTRATION NUMBER: 1151008

Greystone Community Association

Company Limited by Guarantee

Unaudited Financial Statements

31 October 2025

Greystone Community Association

Company Limited by Guarantee

Financial Statements

Year ended 31 October 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	4

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Notes to the financial statements	7

Greystone Community Association

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 October 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 October 2025 .

Reference and administrative details

Registered charity name	Greystone Community Association

Charity registration number	1151008

Company registration number	08322663

Principal office and registered	Greystone Community Association
office	Close Street
	Carlisle
	CA1 2HA

The trustees

	R Watson	(Resigned 15 October 2025)
	W Jackson	(Resigned 19 November 2024)
	L McGill
	SK Beattie

Company secretary	Mrs S Simpson

Independent examiner	Mr RW Gordon, FCA
	Briar Lea House
	Brampton Road
	Longtown
	Carlisle
	Cumbria
	CA6 5TN

Structure, governance and management

The Association operates under a Management Committee of Trustees.

Miss Sharina Simpson, Community Centre Manager, is responsible for the day-to-day management of the Association. Miss Simpson and the Trustees hold regular meetings to give updates on activities, performance and future plans for the association.

The Association was registered with the Charity Commission with the charity number 701878 until 7th December 2012 when the Association registered as a company limited by guarantee with Companies House under number 08322663 . The liability of each Director is limited to £1 each. On the same date the Charity Commission issued a new charity number 1151008 .

Objectives and activities

The Association, which is made up of the Centre and Nursery, provides a wide range of social, recreational and educational activities and services for the local and wider community. In particular, the neighbourhood enclosed by Tait Street, Aglionby Street, Warwick Road, Petteril River, London Road/ Botchergate and including London Road Terrace, Chertsey Mount and Brookfield Gardens. All activities are provided on a fully inclusive basis and have no distinction of age, disability, gender, marriage or or civil partnership, pregnancy and maternity, race, religion or belief, sex and sexual orientation. All activities and services provided are done so with the objective of improving health, education, well-being and general quality of life of participants. The Nursery caters for 2-year-olds and 3 to 4-year-olds on a term-time only basis.

Reserves Policy

The Trustees, under charity law are obliged to define the charity's policy for holding reserves. The policy is to ensure the reserves are at a level sufficient to discharge all the charity's obligations. It is the trustee's considered opinion that there are enough reserves available to discharge its obligations should it cease its operations. The reserves have accrued from past operative results over 30 years.

Achievements and performance

The nursery has grown from strength to strength, with child numbers being at an all-time high and the staff and children reaping the benefits of a fresh update to both the interior of the building and the outside area. This has all meant for plenty of positive feedback from parents, which in turn has led to increased interest and higher child retention. Plans are currently in place for the nursery to open a baby room, move to 50 weeks of the year and extend opening hours from September 2026, we are hopeful this will provide a further boost interest for the nursery and allow greater flexibility for working parents. We are very fortunate to have received funding from the local authority to help with the set-up costs for the baby room which will allow the opening to run smoothly. Despite there being some staffing changes in the nursery in the year, the team continues to be robust, with everyone working to their strengths to keep things running smoothly.

The centre opened its community cafe during the year, which really got off to a successful start, and was appreciated by the local community for providing a range of affordable, tasty and nutritious meals and refreshments. However, as time progressed the numbers began to dwindle and it is currently only operating for one day of the week. There has been real popularity from centre users for both the afternoon tea and lunch club provided by the cafe, which currently happen on an ad hoc basis, there are plans to increase the frequency of these to align with customer demand. We are hopeful that the opening of the soft play will see a surge in refreshments and snack sales going forward.

The softplay has been one of the most challenging projects the centre has ever faced, a lot of time and funds have gone in to getting it into a safe, working condition and several trials and tribulations have cropped up along the way. Having said that, it is now in the very final stages and is expected to be open in late summer of 2026. It is hoped that this will bring an exciting play space for young children in the surrounding areas and the sensory equipment within the soft play will be extremely valuable to any SEN children that visit the centre.

Room hire this year has again been few and far between, but it is hoped that the softplay in the main hall and the nursery in the small hall will bring back some of this reduced revenue.

Financial review

There has again been a significant deficit and a chunk of the reserves used this year in a bid to increase the sustainability of the centre, but it's hoped that the new projects can be utilised to turn things around. Everyone at the centre and nursery believes in the future success of the organisation, and with everything falling into place for the upcoming year, the reserves are expected to be replenished, and the organisation will hope to continue for many years to come. The current level of reserves are still healthy enough to not cause any major concern. We will continue to monitor the reserves carefully and be prepared to adapt to any further changes which come our way particularly as funding from the Local Government is becoming more difficult to come by.

Reserves Policy

The Trustees, under charity law are obliged to define the charity's policy for holding reserves. The policy is to ensure the reserves are at a level sufficient to discharge all the charity's obligations. It is the trustee's considered opinion that there are enough reserves available to discharge its obligations should it cease its operations. The reserves have accrued from past operative results over 30 years.

Plans for future periods

We will continue to work with funders to provide projects that are relevant and engaging to the community. We will continue to deliver quality services and amenities to the local community. We will ensure the success of current projects to aid sustainability of the association for years to come. We will look to explore and consider any new opportunities to maximise income and achieve long term sustainability as well as looking at improvements of any current methods used.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 15 July 2026 and signed on behalf of the board of trustees by:

L McGill

Trustee

Greystone Community Association

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Greystone Community Association

Year ended 31 October 2025

I report to the trustees on my examination of the financial statements of Greystone Community Association ('the charity') for the year ended 31 October 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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 charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements 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 financial statements 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.

Mr RW Gordon, FCA Independent Examiner

Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN

15 July 2026

Greystone Community Association

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 October 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	12,606	31,430	44,036	32,897
Charitable activities	6	91,017	–	91,017	94,966
Other trading activities	7	22,560	1,693	24,253	21,498
Investment income	8	1,651	–	1,651	3,291
		---------	--------	---------	---------
Total income		127,834	33,123	160,957	152,652
		---------	--------	---------	---------

Expenditure

Expenditure on charitable activities	9,10	191,518	28,787	220,305	218,127
		---------	--------	---------	---------
Total expenditure		191,518	28,787	220,305	218,127
		---------	--------	---------	---------

	---------	--------	---------	---------
Net expenditure	( 63,684)	4,336	( 59,348)	( 65,475)
	---------	--------	---------	---------

Transfers between funds	(545)	545	–	–

	---------	--------	---------	---------
Net movement in funds	( 64,229)	4,881	( 59,348)	( 65,475)

Reconciliation of funds

Total funds brought forward	164,614	22,801	187,415	252,890
	---------	--------	---------	---------
Total funds carried forward	100,385	27,682	128,067	187,415
	---------	--------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Greystone Community Association

Company Limited by Guarantee

Statement of Financial Position

31 October 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	15	13,734	–

Current assets

Debtors	16	17,242	13,512
Cash at bank and in hand		99,878	186,872
		---------	---------
		117,120	200,384

Creditors: amounts falling due within one year	17	2,787	12,969
		---------	---------
Net current assets		114,333	187,415
		---------	---------
Total assets less current liabilities		128,067	187,415
		---------	---------
Net assets		128,067	187,415
		---------	---------

Funds of the charity

Restricted funds		27,682	22,801
Unrestricted funds		100,385	164,614
		---------	---------
Total charity funds	19	128,067	187,415
		---------	---------

For the year ending 31 October 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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 15 July 2026 , and are signed on behalf of the board by:

L McGill

Trustee

Greystone Community Association

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Greystone Community Association , Close Street, Carlisle, CA1 2HA.

2. Statement of compliance

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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis 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.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

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.

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 funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

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 receipt 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 services 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.

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 of financial 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 between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

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 which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% reducing balance

Impairment 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. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 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.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets 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 cost. Where 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 other 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. Other financial 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 under the appropriate heading in the statement of financial activities in which the initial gain was recognised. 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.

Defined contribution 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. When 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.

4. Limited by guarantee

The company is limited by guarantee and does not have a share capital.

The liability of the members in the event of the company being liquidated is limited to £1 per member.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Grants

Centre Grant	10,256	–	10,256
Warm Hub Grant	–	–	–
Cash for Kids	–	3,074	3,074
Community Cafe Grant	–	–	–
Other Grants	2,350	28,356	30,706
	--------	--------	--------
	12,606	31,430	44,036
	--------	--------	--------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Grants

Centre Grant	–	–	–
Warm Hub Grant	–	2,500	2,500
Cash for Kids	–	3,150	3,150
Community Cafe Grant	–	24,110	24,110
Other Grants	1,480	1,657	3,137
	-------	--------	--------
	1,480	31,417	32,897
	-------	--------	--------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Nursery Income	91,017	91,017	94,966	94,966
	--------	--------	--------	--------

7. Other trading activities

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Lettings	20,504	–	20,504
Coffee Bar	1,394	–	1,394
Pop Up Shop	662	1,693	2,355
	--------	-------	--------
	22,560	1,693	24,253
	--------	-------	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Lettings	19,733	–	19,733
Coffee Bar	1,765	–	1,765
Pop Up Shop	–	–	–
	--------	----	--------
	21,498	–	21,498
	--------	----	--------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	1,651	1,651	3,291	3,291
	-------	-------	-------	-------

9. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Centre	89,894	28,787	118,681
Nursery	101,624	–	101,624
	---------	--------	---------
	191,518	28,787	220,305
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Centre	108,315	28,412	136,727
Nursery	81,400	–	81,400
	---------	--------	---------
	189,715	28,412	218,127
	---------	--------	---------

10. Expenditure on charitable activities by activity type

	Activities undertaken directly	Total funds 2025	Total fund 2024
	£	£	£
Centre	118,681	118,681	136,727
Nursery	101,624	101,624	81,400
	---------	---------	---------
	220,305	220,305	218,127
	---------	---------	---------

11. Net expenditure

Net expenditure is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	474	–
	----	----

12. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	360	360
	----	----

13. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	135,853	124,561
Social security costs	3,606	440
Employer contributions to pension plans	2,324	1,723
	---------	---------
	141,783	126,724
	---------	---------

The average head count of employees during the year was 6 (2024: 6 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff	6	6
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

14. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

15. Tangible fixed assets

	Equipment
	£
Cost
At 1 November 2024	–
Additions	14,208
	--------
At 31 October 2025	14,208
	--------
Depreciation
At 1 November 2024	–
Charge for the year	474
	--------
At 31 October 2025	474
	--------
Carrying amount
At 31 October 2025	13,734
	--------
At 31 October 2024	–
	--------

16. Debtors

	2025	2024
	£	£
Trade debtors	17,242	13,512
	--------	--------

17. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	874	11,479
Accruals and deferred income	360	360
Social security and other taxes	1,553	1,130
	-------	--------
	2,787	12,969
	-------	--------

18. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 2,324 (2024: £ 1,723 ).

19. Analysis of charitable funds

Unrestricted funds

	At 1 November 2024	Income	Expenditure	Transfers	At 31 October 2025
	£	£	£	£	£
Centre	51,444	34,468	(86,641)	729	–
Nursery	113,170	93,366	(104,877)	(1,274)	100,385
	---------	---------	---------	-------	---------
	164,614	127,834	(191,518)	(545)	100,385
	---------	---------	---------	-------	---------

	At 1 November 2023	Income	Expenditure	Transfers	At 31 October 2024
	£	£	£	£	£
Centre	133,490	26,269	(108,315)	–	51,444
Nursery	99,604	94,966	(81,400)	–	113,170
	---------	---------	---------	----	---------
	233,094	121,235	(189,715)	–	164,614
	---------	---------	---------	----	---------

Restricted funds

	At 1 November 2024	Income	Expenditure	Transfers	At 31 October 2025
	£	£	£	£	£
Hepa Grant	1,034	–	–	–	1,034
Making Spaces	4,950	–	–	–	4,950
Warm Hub Grant	4,536	–	–	–	4,536
Cash for Kids Grant	2,624	3,074	(2,971)	–	2,727
Lottery Mother and Toddler Grant	7,304	–	(5,019)	–	2,285
Community Cafe	2,353	–	(2,353)	–	–
Nursery Expansion	–	12,150	–	–	12,150
Pop Up Shop	–	7,924	(8,469)	545	–
HAF Funding	–	9,975	(9,975)	–	–
	--------	--------	--------	----	--------
	22,801	33,123	(28,787)	545	27,682
	--------	--------	--------	----	--------

	At 1 November 2023	Income	Expenditure	Transfers	At 31 October 2024
	£	£	£	£	£
Hepa Grant	1,034	–	–	–	1,034
Making Spaces	4,950	–	–	–	4,950
Warm Hub Grant	3,671	4,157	(3,292)	–	4,536
Cash for Kids Grant	430	3,150	(956)	–	2,624
Lottery Mother and Toddler Grant	9,711	–	(2,407)	–	7,304
Community Cafe	–	24,110	(21,757)	–	2,353
Nursery Expansion	–	–	–	–	–
Pop Up Shop	–	–	–	–	–
HAF Funding	–	–	–	–	–
	--------	--------	--------	----	--------
	19,796	31,417	(28,412)	–	22,801
	--------	--------	--------	----	--------

20. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	13,734	–	13,734
Current assets	89,438	27,682	117,120
Creditors less than 1 year	(2,787)	–	(2,787)
	---------	--------	---------
Net assets	100,385	27,682	128,067
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	–	–	–
Current assets	177,583	22,801	200,384
Creditors less than 1 year	(12,969)	–	(12,969)
	---------	--------	---------
Net assets	164,614	22,801	187,415
	---------	--------	---------