Charity Registration No. 1079018
Company Registration No. 03832123 (England and Wales)
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Simon Stevens
Kutbuddin Jodiyawalla
Katie Underwood
Stephanie-Ann Loaring
(Appointed 1 October 2025)
Daniel Shaw
Country of incorporation
United Kingdom
03832123
(England and Wales)
Charity registration
England and Wales
1079018
Registered office
The Whitfield Valley Centre
Fegg Hayes Road
Stoke on Trent
Staffordshire
ST6 6QR
Independent Examiner
K V Stayley FCA
Graphic House
124 City Road
Stoke on Trent
ST4 2PH
Bankers
CAF Bank Ltd
Kings Hill
West Malling
Kent
ME19 4JQ
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
CONTENTS
Page
Trustees report
1 - 8
Independent examiner's report
9
Statement of financial activities
10
Balance sheet
11
Statement of cash flows
12
Notes to the financial statements
13 - 23
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The Trustees present their annual report and financial statements for the year ended 31 March 2026.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charitable company's governing document, the Companies Act 2006 and "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)".

Objectives and activities

The charitable company's objectives include the following:

 

To promote the inhabitants of Chell and the neighbourhood thereof without distinction of sex, sexual orientation, race or political religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisation in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and other leisure time occupation with the object of improving the general public health and welfare of the said inhabitants;

To establish or secure the establishment of a family centre and to maintain and manage, the same, whether alone or in cooperation with any local or authority or other person or body in furtherance of these objects.

To achieve its objectives, the charity, CAFAG operates several parallel projects from the building known as the Whitfield Valley centre at Fegg Hayes

 

As CAFAG continues to develop and consolidate position in the third sector, delivering its services to, the community whilst developing new opportunities and tackling new challenges in the changing world.

 

The emphasis has been on enhancing health and well-being for the people of Fegg Hayes, while also expanding volunteering opportunities, promoting the sustainability of services, and incorporating environmental priorities.

 

The Board of Trustees continue to guide CAFAG and opportunities to join the Board are still available and suitable candidates are being sought. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charitable company should undertake.

 

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
Achievements and performance
Significant activities and achievements against objectives

Summary of the main achievements during the year.

Our Objectives and Aims:

CAFAG’s charitable objectives are to improve the health, wellbeing and life opportunities of individuals and families within the local community, particularly those experiencing disadvantage. The charity delivers inclusive services focused on health, early years development, youth engagement, community cohesion, environmental sustainability, and social inclusion.

The Trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and activities and are satisfied that all work undertaken directly contributes to these objectives.

Activities and Achievements

Nursery Provision:

The Whitfield Valley Community Nursery has undergone significant development during the year. With funding support from Stoke-on-Trent City Council, the Nursery expanded its provision, transitioning from a crèche model to structured childcare services, now offering a Baby Room (0–2 years) and Nursery Room (2–5 years).

This expansion has increased capacity and improved access to high-quality early years provision within the community. Plans are also underway to introduce holiday provision, supporting working families during school closures.

A newly appointed Nursery Manager, supported by increased leadership from the Nursery Director, has driven improvements across the setting, including curriculum development, learning environments and operational standards. The Nursery continues to follow Ofsted guidance, with updated curriculum planning supporting children’s development.

Outcomes include:

Children also benefit from the Centre’s outdoor learning environment, promoting physical activity, environmental awareness, and hands-on learning through gardening.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -

Youth Services:

CAFAG has continued to deliver youth engagement through its partnership with Dizzy Heights, who provide regular youth sessions, activities, and trips. Additional provision has been delivered during school holidays through HAF funding, increasing reach to young people at risk of disengagement.

The charity maintains a strong safeguarding culture, with monthly safeguarding meetings attended by all Designated Safeguarding Leads (DSLs), ensuring robust procedures remain in place.

Outcomes include:

Café Provision:

The Centre café is now operated by Dez’s Kitchen, a local start-up business founded by a former CAFAG service user. This partnership supports local enterprise and social mobility while generating rental income for the charity.

The café contributes to:

Gardening and Environmental Projects:

CAFAG’s gardening project continues to deliver environmental and social value. The service remains in high demand across Stoke-on-Trent and includes work to improve community spaces and promote sustainability.

Key developments include:

CAFAG has also embedded environmental sustainability across the organisation by:

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -

Outcomes include:

However, the continuation of some projects is dependent on future funding beyond 2026.

Charity Shop:

The Charity Shop provides both a sustainable income stream and a vital community resource. Located in an area of deprivation, it offers affordable goods while promoting reuse and recycling.

The shop is fully supported by volunteers and contributes to:

Community Gym:

The CAFAG Community Gym remains well utilised, with 10–20 new members per month without targeted advertising. Investment from Sport England has enabled improvements to equipment and facilities.

Funding from the Peter Harrison Foundation has supported targeted interventions, including:

Outcomes include:

A long-term sustainability plan is in development to support continued growth.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -

Wellbeing Services:

The Wellbeing Team delivers a wide range of activities addressing social isolation, poverty, and health inequalities. Services include:

Over the past year, CAFAG has supported approximately 7,400 individuals, with an overall 37% increase in footfall across the Centre.

Outcomes include:

 

Room Hire and Partnerships:

Room hire has increased over the financial year, providing an important income stream while strengthening partnerships with local organisations.

CAFAG works with a wide range of partners, including local authorities, charities, community groups and sports organisations. These partnerships enhance service delivery and broaden community reach.

Volunteering:

Volunteers play a vital role in delivering CAFAG’s services. The charity currently supports 30 active volunteers, contributing across all service areas.

CAFAG provides training, mentoring and development opportunities to improve employability. Over the past five years, 14 volunteers have progressed into employment.

Outcomes include:

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -

Public Benefit and Impact:

CAFAG’s services are accessible to all members of the community, with a particular focus on supporting those experiencing disadvantage. The charity’s work delivers clear public benefit by:

The increase in engagement and positive outcomes across all services demonstrates the ongoing need for CAFAG’s work and the impact it continues to have within the local community.

 

Future:

CAFAG will continue to build on its strengths by:

Funding

Year 2025-2026 we have received the following funds so far in this period.

Awards for All Lottery £19,947 Financial Wellbeing Advisor start date: June 2024 end date: July 2026.

Peter Harrison Foundation £15,000 new gym equipment, fitness classes, wellbeing sessions and paid gym memberships start date: May 2024 end date: June 2025.

Henry Smith £67,500 Youth Service start date: August 2024 end date: September 2025.

Arnold Clark £1,000 Lunch Club project start date: March 2025 end date: May 2025.

Tesco Groundworks £1000 for family summer projects 2026.

Stoke on Trent City Council £17,574 capital funding towards Nursery expansion plans start date: August 2025 end date: December 2025.

 

 

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
Financial review

During the year expenditure exceeded income leaving net expenditure for the year of £149,648 (2025: £89,203 - surplus).

 

This has resulted in a deficit on unrestricted funds of £68,498 (2025: £107,532 - surplus) and a deficit in restricted funds of £81,150 (2025: deficit of £18,329).

 

 

Reserves policy

 

It is the policy of the trustees to maintain unrestricted funds, which are the free reserves of the charity, to enable the charity to continue to operate if funding were to fall whilst replacement funding was obtained. The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the 'free reserves') held by the charity should be between 3 and 6 months of the unrestricted expenditure.

 

 

At present the free reserves, excluding long-term net assets stand at a surplus of £168,989 (2025: £235,520).

 

The trustees have considered the major risks, which are faced by the charity and confirm that systems have been established to lessen these risks.

Investment policy

The trustees have considered the most appropriate policy for investing funds and have found that CAF Cash high interest bank accounts, designed for the charity sector, meet their requirements to generate both income and capital growth. The trustees consider the return on investments to be satisfactory.

Exemptions

The trustees have taken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet).

 

Funds held as custodian

No funds are held by the Chell Area Family Action Group as a custodian on behalf of others.

 

Structure, governance and management

The Charitable company is a company limited by guarantee and is a registered charity in England and Wales. The day to day operations are undertaken using the name CAFAG and is operated under the rules of its Memorandum and Articles of Association dated 26 August 1999 and most recently amended by special resolution in February 2012. It has no share capital and the liability of each member in the event of a winding-up is limited to £10.

 

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Kathleen Roberts
(Resigned 1 October 2025)
Simon Stevens
Kutbuddin Jodiyawalla
Katie Underwood
Stephanie-Ann Loaring
(Appointed 1 October 2025)
Daniel Shaw
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
Recruitment and appointment of trustees

The charity is required to have between five and fifteen trustees. The congregation of St Michael's Church Chell, Stoke-on-Trent are entitled to appoint up to three Trustees. The congregation of the Church of the Saviour, Chell Heath, Stoke-on-Trent are entitled to appoint one trustee. The existing Trustees are entitled to appoint the remainder.

The Trustees report was approved by the Board of Trustees.

Simon Stevens
Trustee
21 July 2026
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CHELL AREA FAMILY ACTION GROUP
- 9 -

I report to the Trustees on my examination of the financial statements of Chell Area Family Action Group (the Charitable company) for the year ended 31 March 2026.

Responsibilities and basis of report

As the Trustees of the Charitable 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.

Having satisfied myself that the financial statements of the Charitable company are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charitable company’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the Charitable company’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of Institue of Chartered Accountants in England & Wales (ICAEW), which is one of the listed bodies.

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 Charitable company as required by section 386 of the Companies Act 2006.

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 Companies Act 2006 other than any requirement that the financial statements 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 financial statements 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 financial statements to be reached.

K V Staley FCA
BK Plus Limited
Graphic House
124 City Road
Stoke on Trent
ST4 2PH
24 July 2026
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
33,072
93,278
126,350
118,222
243,186
361,408
Charitable activities
4
152,247
-
152,247
191,408
-
191,408
Investments
5
502
-
502
631
-
631
Other income
6
-
-
-
-
987
987
Total income
185,821
93,278
279,099
310,261
244,173
554,434
Expenditure on:
Charitable activities
7
248,950
179,797
428,747
194,063
271,168
465,231
Total expenditure
248,950
179,797
428,747
194,063
271,168
465,231
Net income/(expenditure)
(63,129)
(86,519)
(149,648)
116,198
(26,995)
89,203
Transfers between funds
(5,369)
5,369
-
(8,666)
8,666
-
Net movement in funds
9
(68,498)
(81,150)
(149,648)
107,532
(18,329)
89,203
Reconciliation of funds:
Fund balances at 1 April 2025
244,539
1,062,848
1,307,387
137,007
1,081,177
1,218,184
Fund balances at 31 March 2026
176,041
981,698
1,157,739
244,539
1,062,848
1,307,387

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 11 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
13
984,029
996,991
Current assets
Debtors
14
4,642
2,364
Cash at bank and in hand
173,278
312,009
177,920
314,373
Creditors: amounts falling due within one year
15
(4,210)
(3,977)
Net current assets
173,710
310,396
Total assets less current liabilities
1,157,739
1,307,387
The funds of the Charitable company
Restricted income funds
17
981,698
1,062,848
Unrestricted funds
18
176,041
244,539
1,157,739
1,307,387

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2026.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

The financial statements were approved by the Trustees on 21 July 2026
Simon Stevens
Trustee
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2026
- 12 -
2026
2025
Notes
£
£
£
£
Cash flows from operating activities
Cash (absorbed by)/generated from operations
(138,733)
96,182
Investing activities
Purchase of tangible fixed assets
(500)
(45,383)
Proceeds from disposal of tangible fixed assets
-
3,945
Investment income received
502
631
Net cash generated from/(used in) investing activities
2
(40,807)
Net cash generated from financing activities
-
-
Net (decrease)/increase in cash and cash equivalents
(138,731)
55,375
Cash and cash equivalents at beginning of year
312,009
256,634
Cash and cash equivalents at end of year
173,278
312,009
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 13 -
1
Accounting policies
Charity information

Chell Area Family Action Group is a private charitable company limited by guarantee incorporated in England and Wales. The registered office is The Whitfield Valley Centre, Fegg Hayes Road, Stoke on Trent, Staffordshire, ST6 6QR.

 

1.1
Basis of preparation

The financial statements have been prepared in accordance with the Charitable company's governing document, the Companies Act 2006 and "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)". The Charitable company is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the Charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

 

 

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the Charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations, are recognised when they have been communicated and received in writing with notification of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

 

 

Legacy gifts are recognised on a case by case basis following the granting of probate when the administrator/ executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset has been transferred to the charity.

 

 

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 14 -
1.5
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 settlement will be required and the amount of the obligation can be measured reliably.

 

All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
50% straight line on improvements
Fixtures, fittings and equipment
25%-33% per annum of net book value
Motor vehicles
25% straight line
Gym equipment
25% per annum of net book value

The directors consider that freehold properties are maintained in such a state of repair that their residual value is at least equal to their net book value. As a result, the corresponding depreciation would not be material and therefore is not charged in the profit or loss account.

 

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the Charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The Charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the Charitable company's balance sheet when the Charitable company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 15 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charitable company’s contractual obligations expire or are discharged or cancelled.

1.10
Taxation

Chell Area Family Action Group is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the Charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 16 -
2
Critical accounting estimates and judgements

In the application of the Charitable company’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

 

At the year end there were no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
£
£
£
£
£
£
Donations and gifts
33,072
93,278
126,350
118,222
243,186
361,408
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Charitable Activities
Services provided under contract
20,366
17,814
Sales of services by beneficiaries
28,159
35,824
Ancillary trading income
94,315
130,409
Charitable rental income
9,407
7,361
152,247
191,408
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Interest receivable
502
631
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 17 -
6
Other income
Restricted
Restricted
funds
funds
2026
2025
£
£
Net gain on disposal of tangible fixed assets
-
987
7
Expenditure on charitable activities
Charitable Activities
Charitable Activities
2026
2025
£
£
Direct costs
Staff costs
221,426
245,344
Other charitable expenditure
34,271
20,248
Food Purchase
3,557
6,520
Sundry expenses
-
11
259,254
272,123
Share of support and governance costs (see note 8)
Support
163,262
187,636
Governance
6,231
5,472
428,747
465,231
Analysis by fund
Unrestricted funds
248,950
194,063
Restricted funds
179,797
271,168
428,747
465,231
8
Support costs allocated to activities
2026
2025
£
£
Staff costs
78,724
86,541
Depreciation
13,462
16,989
Other costs
71,076
84,106
Governance costs
6,231
5,472
169,493
193,108
Analysed between:
Charitable Activities
169,493
193,108
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 18 -
9
Net movement in funds
2026
2025
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
3,783
3,210
Depreciation of owned tangible fixed assets
13,462
16,989
Loss/(profit) on disposal of tangible fixed assets
-
(987)
10
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charitable company during the year.
11
Employees

The average monthly number of employees during the year was:

2026
2025
Number
Number
Charitable activities
16
22
Administrative
3
3
Total
19
25
Employment costs
2026
2025
£
£
Wages and salaries
279,566
315,576
Social security costs
16,235
11,803
Other pension costs
4,349
4,506
300,150
331,885

During the year, funding for Making Connections came to an end and one of the employee's fixed term contract ended. As a result the charity made a redundancy payment of £1,098 to the employee in accordance with statutory requirements and the charity's redundancy policy. These costs are included with in charitable activities expenditure.

There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

The remuneration of key management personnel was as follows: £61,662 (2025: £64,047)

12
Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 19 -
13
Tangible fixed assets
Freehold land and buildings
Fixtures, fittings and equipment
Gym equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2025
956,449
107,025
109,258
34,857
1,207,589
Additions
-
500
-
-
500
At 31 March 2026
956,449
107,525
109,258
34,857
1,208,089
Depreciation and impairment
At 1 April 2025
10,257
74,748
90,736
34,857
210,598
Depreciation charged in the year
-
8,827
4,635
-
13,462
At 31 March 2026
10,257
83,575
95,371
34,857
224,060
Carrying amount
At 31 March 2026
946,192
23,950
13,887
-
984,029
At 31 March 2025
946,192
32,277
18,522
-
996,991

All tangible fixed assets are held for direct charitable purposes.

 

The freehold land and buildings are subject to a legal charge in favour of the Secretary of State for Health, which will take effect if the charity fails to comply with the conditions set out in the Memorandum of Grant dated 30 June 2000.

 

14
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
445
2,364
Other debtors
4,197
-
4,642
2,364
15
Creditors: amounts falling due within one year
2026
2025
£
£
Other taxation and social security
-
26
Accruals and deferred income
4,210
3,951
4,210
3,977
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 20 -
16
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
4,349
4,506

The Charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charitable company in an independently administered fund.

17
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2025
Incoming resources
Resources expended
Transfers
At 31 March 2026
£
£
£
£
£
Children in Need
3,532
-
(3,215)
(317)
-
Henry Smith Making Connections
11,357
-
(16,722)
5,365
-
VCSE Energy Efficiency Scheme (Groundwork)
22,640
-
(7,244)
-
15,396
Awards for All
12,498
-
(10,667)
-
1,831
CCLORS
-
-
(130)
130
-
Peter Harrison
11,250
-
(2,813)
-
8,437
Social Care
983
-
(973)
(10)
-
Sports England
8,602
-
(3,604)
-
4,998
Refurbishment and purchase of building
946,191
-
-
-
946,191
Nation Grid Community matters fund (STEM)
294
-
-
(294)
-
National Lottery Reaching Communities
9,133
93,278
(97,566)
-
4,845
Henry Smith Youth Project
36,320
-
(36,411)
91
-
Community Investment Fund
-
-
(452)
452
-
Other small funds
48
-
-
(48)
-
1,062,848
93,278
(179,797)
5,369
981,698
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
17
Restricted funds
(Continued)
- 21 -
Previous year:
At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
Children in Need
12,463
10,588
(19,519)
-
3,532
Henry Smith Making Connections
11,694
35,105
(35,442)
-
11,357
VCSE Energy Efficiency Scheme (Groundwork)
-
32,972
(10,332)
-
22,640
Awards for All
-
19,807
(7,309)
-
12,498
CCLORS
-
-
(1,321)
1,321
-
Peter Harrison
-
15,000
(3,750)
-
11,250
Social Care
1,145
-
(163)
-
983
Sports England
11,074
987
(3,459)
-
8,602
Refurbishment and purchase of building
946,191
-
-
-
946,191
National Lottery Know Your Neighbourhood
12,542
20,625
(39,987)
6,820
-
Community Wellbeing
20
-
(60)
40
-
Nation Grid Community matters fund (STEM)
-
2,876
(2,582)
-
294
National Lottery Reaching Communities
56,078
49,788
(96,733)
-
9,133
Henry Smith Youth Project
30,004
55,424
(49,108)
-
36,320
Community Investment Fund
-
-
(452)
452
-
Other small funds
(34)
1,001
(952)
33
48
1,081,177
244,173
(271,168)
8,666
1,062,848
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
17
Restricted funds
(Continued)
- 22 -
CHELL AREA FAMILY ACTION GROUP
(KNOWN AS 'C.A.F.A.G')
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 23 -
18
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2025
Incoming resources
Resources expended
Transfers
At 31 March 2026
£
£
£
£
£
General funds
244,539
185,821
(248,950)
(5,369)
176,041
Previous year:
At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
General funds
137,007
310,261
(194,063)
(8,666)
244,539
19
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2026
2026
2026
£
£
£
At 31 March 2026:
Tangible assets
7,052
976,977
984,029
Current assets/(liabilities)
168,989
4,721
173,710
176,041
981,698
1,157,739
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
9,019
987,972
996,991
Current assets/(liabilities)
235,520
74,876
310,396
244,539
1,062,848
1,307,387
20
Related party transactions

There were no disclosable related party transactions during the year (2025 - none).

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