Cumbria Community Homes - Charities report

REGISTERED COMPANY NUMBER: 12068336 (England and Wales)

REGISTERED CHARITY NUMBER: 1184991

STRATEGIC REPORT, REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CUMBRIA COMMUNITY HOMES

Page

Strategic Report

1

to

3

Report of the Trustees

4

to

5

Report of the Independent Auditors

6

to

7

Statement of Financial Activities

8

Balance Sheet

9

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

to

17

The trustees present their strategic report for the year ended 30 June 2025.

REVIEW OF BUSINESS

OBJECTIVES AND ACTIVITIES

The charity's objectives contained within the memorandum and articles of association, is to carry out for the benefit of the community, the business of providing and managing housing, including Social Housing, and providing assistance to help house people and associated facilities, amenities and services for persons in need because of youth, age, ill-health, disability, financial hardship or other disadvantage.

Significant activities

We provide good quality accommodation to vulnerable adults in the community meeting their individual needs.

We provide tenancy related care, support and supervision in a person-centred way enabling the enhancement and development of life skills, personal growth, independence, choice, and control.

We help those who are homeless or at risk of homelessness, individuals who struggle with mental or physical health or with a learning difficulty, those who are in recovery from substance misuse and people who are fleeing domestic violence.

We offer one to one financial support with personal budgets and provide a mentor for helping plan daily activities surrounding their tenancies such as meal planning, domestic duties and we signpost and support individuals with opportunities to socialise within the local community.

Our underpinning ethos is to develop an individual's capacity to live independently in the community and to develop or sustain basic life skills needed to hold down a tenancy or maintain a home.

Values

Trust

We build relationships on trust and keep our promises, to meet the expectations of tenants and be honest if we can't.

Integrity

We practice providing a quality service with integrity and sensitivity.

Non-judgemental

We listen to and meet the needs of everyone in a non-judgemental way.

Teamwork

We constantly look at ways to improve and deliver our service.

Empathy

We put ourselves in other people's shoes.

Positive attitude

We practice with a problem-solving approach.

History

The business was incorporated on 25th June 2019, and became registered as a charity on 21st August 2019.

CCH has since grown into one of the leading Housing Support providers across Cumbria, parts of Lancashire, Lincolnshire and West Yorkshire.

ACHIEVEMENT AND PERFORMANCE

Strategic Growth

Currently CCH have over 150 tenants/homes in management. The strategic plan for the next 12 months is to work with existing and new landlords to increase that number at a rate of about 5 a month, whilst ensuring the current service being provided and the day to day operations run smoothly. We continue to review the structures and controls across the business.

CCH currently employ 38 people across the business including housing management, tenancy officers, maintenance, admin, compliance and finance and where necessary rely on a network of suppliers for ad-hoc services.

Public Benefit

The Trustees are aware of Charity Commission guidance on public benefit reporting as set out in Section 17 of the Charities Act 2011. They believe Cumbria Community Homes fulfils a fundamental public benefit by providing and managing housing together with providing assistance to people in need.

Review of activities

The service provided by the company to its tenants was very much business as usual. Tenancy officers spend regular time with each of their tenants to help them work through their support needs following an agreed support plan which identifies specific needs that the tenant requires help with. In addition an on-call 24/7 is available for out of hours support.

The cost of maintaining and repairing the properties, especially those that have been void for lengthy periods of time, has increased as the cost of living, materials and labour have all increased during this time but strict policies of obtaining quotes and estimates have helped reduce third party supplier costs.

The introduction of more stringent internal operational processes and procedures has helped to improve the smooth daily operations of running the company.

Relationships with councils, in particular the Housing Benefit teams, have ensured claims are being processed and paid in a timely manner which has a positive effect on the cash flow of the business.

FINANCIAL REVIEW

The 2024/25 year was encouraging from a financial point of view for the Charity. The statement of financial activities again showed a net surplus of income over expenditure in the year of £204,548 compared to the previous year of £108,047, and a large proportion of the legacy debt to the likes of HMRC, landlords, Councils for overpayment.of Housing Benefit etc. has been addressed.

The accounting period ending June 2026 will again show that the Charity is running within its means.

We are working with our accountants and auditors to review current financial systems and internal controls and will continue to implement changes to help the smooth running of the business.

Reserves policy

The charity's policy is to build up its reserves for the purposes of the development and sustainability of the charity. By the end of June 2025 the Charity showed a deficit of funds of £71,877 compared to a deficit of £276,425 at the 30th June 2024.

The trustee, alongside the management team, has put in place procedures for the deficit to be reversed. As at the date of the signing of the accounts, the deficit has been substantially reduced. As a result of the above, the accounts have been prepared on a going concern basis and the trustees are confident that measures taken will ensure financial stability in future years.

Financial and risk management objectives and policies

The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finance of the charity and are satisfied that systems are now in place to mitigate its exposures to these risks.

The Board of Trustees review the annual budget paying particular attention to the balance between income and expenditure and the amount needed to be retained in reserves.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

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

Recruitment and appointment of new trustees

The current trustee is aware that at present there is only one trustee which is not in accordance with the governing document. She is in the process of looking to appoint new trustees that will help drive the Charity forward and ensure that those who are appointed demonstrate relevant experience from within the sector, for example landlords, ex-council members and individuals with finance and property development experience. New trustees will be appointed under the terms of the Articles of Association by a resolution of the existing trustee, who is also the Director of the Company, alongside the management team. All new trustees are and will be made aware of their responsibilities before appointment.

Organisational structure

Amanda Stevens, who was part of the management team and the day to day operations of the business, stood down as Trustee and Director in October 2025. Both James and Dominic Watts, Ms. Stevens' sons were both subsequently appointed as Trustees but resigned on 17th December 2025 and 21st January 2026 respectively.

Risk management

The Trustees continue to assess the risk and uncertainties facing the Charity and how these may impact the financial position of the Charity. Risks are identified in the Trustees meetings and any risks that are felt to prevent the Charity achieving its objectives are reviewed with the senior management team.

Approved by order of the board of trustees on 7 July 2026 and signed on its behalf by:

Ms E J Stones - Trustee

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 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 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

12068336 (England and Wales)

Registered Charity number

1184991

Registered office

37 Riverside Gardens

Barrow in Furness

Cumbria

LA13 0DD

Trustees

P Sheldon Property Developer (resigned 30.10.24)

Ms A Stevens Consultant (resigned 9.10.25)

Ms E J Stones Director

J Watts (appointed 9.10.25)

D Watts (appointed 17.12.25)

James Watts subsequently resigned on 17th December 2025.

Dominic Watts subsequently resigned on 21st January 2026.

Auditors

Collards

Chartered Accountants

Statutory Auditor

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Cumbria Community Homes for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charities SORP;

-	make judgements and estimates that are reasonable and prudent;

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Collards, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 7 July 2026 and signed on its behalf by:

Ms E J Stones - Trustee

Opinion

We have audited the financial statements of Cumbria Community Homes (the 'charitable company') for the year ended 30 June 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the charitable company's affairs as at 30 June 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of trustees' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and, considered the risk of acts by Management which were contrary to applicable laws and regulations, including fraud. We made enquiries of the Directors to obtain further understanding of risks of non-compliance.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements. Our tests included, but were not limited to:

- agreement of the financial statement disclosures to underlying supporting documentation;

- enquiries of management regarding known or suspected instances of non-compliance with laws and regulations;

- review of minutes of the Board meetings throughout the year; and

- obtaining an understanding of the control environment in place to prevent and detect irregularities.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Julian Brigstocke FCA (Senior Statutory Auditor)

for and on behalf of Collards

Chartered Accountants

Statutory Auditor

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

7 July 2026

2025

2024

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Charitable activities

3

Housing

4,027,408

4,267,068

Investment income

2

12

4

Total

4,027,420

4,267,072

EXPENDITURE ON

Charitable activities

4

Housing

3,822,872

3,982,089

Other

-

176,936

Total

3,822,872

4,159,025

NET INCOME

204,548

108,047

RECONCILIATION OF FUNDS

Total funds brought forward

(276,425

)

(384,472

)

TOTAL FUNDS CARRIED FORWARD

(71,877

)

(276,425

)

2025

2024

Unrestricted

Total

fund

funds

Notes

£

CURRENT ASSETS

Debtors

12

341,493

257,031

Cash at bank

11,860

16,475

353,353

273,506

CREDITORS

Amounts falling due within one year

13

(425,230

)

(536,616

)

NET CURRENT ASSETS/(LIABILITIES)

(71,877

)

(263,110

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(71,877

)

(263,110

)

CREDITORS

Amounts falling due after more than one year

14

-

(13,315

)

NET ASSETS/(LIABILITIES)

(71,877

)

(276,425

)

FUNDS

17

Unrestricted funds

(71,877

)

(276,425

)

TOTAL FUNDS

(71,877

)

(276,425

)

The financial statements were approved by the Board of Trustees and authorised for issue on 7 July 2026 and were signed on its behalf by:

E J Stones - Trustee

Cash flows from operating activities

Cash generated from operations

1

124,208

123,155

Interest paid

(27,908

)

(76,202

)

Net cash provided by operating activities

96,300

46,953

Cash flows from investing activities

Interest received

12

4

Net cash provided by investing activities

12

4

Cash flows from financing activities

Loan repayments in year

(100,927

)

(32,377

)

Net cash used in financing activities

(100,927

)

(32,377

)

Change in cash and cash equivalents in the

reporting period

(4,615

)

14,580

Cash and cash equivalents at the beginning of

the reporting period

16,475

1,895

Cash and cash equivalents at the end of the

reporting period

11,860

16,475

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

Net income for the reporting period (as per the Statement of Financial

Activities)

204,548

108,047

Adjustments for:

Interest received

(12

)

(4

)

Interest paid

27,908

76,202

(Increase)/decrease in debtors

(84,462

)

122,938

Decrease in creditors

(23,774

)

(184,028

)

Net cash provided by operations

124,208

123,155

2.	ANALYSIS OF CHANGES IN NET DEBT

At 1.7.24

Cash flow

At 30.6.25

£

Net cash

Cash at bank

16,475

(4,615

)

11,860

16,475

(4,615

)

11,860

Debt

Debts falling due within 1 year

(100,927

)

87,612

(13,315

)

Debts falling due after 1 year

(13,315

)

13,315

-

(114,242

)

100,927

(13,315

)

Total

(97,767

)

96,312

(1,455

)

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

The Charity has reported a surplus for the year of £204,548 compared to a surplus of £108,047 in the previous year.

The Charity now shows a small net liabilities position, significantly reducing the deficit from previous years.

As reported in the previous year's accounts, the deficit arose due to charitable expenditure being committed without the necessary funding and made in excess of the funds available to support such charitable expenditure during that year.

The Trustee, alongside the management team is now overseeing the operations of the Charity and ensuring that funds have not been overspent.

The accounts have therefore been prepared on a going concern basis.

2.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

12

4

3.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

Rent contribution

Housing

3,961,457

4,212,566

Support charges

Housing

65,951

54,502

4,027,408

4,267,068

4.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 5)

Totals

£

Housing

3,514,884

307,988

3,822,872

5.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

Housing

267,973

28,015

12,000

307,988

6.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

Other operating leases

12,679

13,197

7.	AUDITORS' REMUNERATION

2025

2024

£

Fees payable to the charity's auditors and their associates for the audit of the charity's

financial statements

12,000

8.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

However, Trustees were paid fees for working for the Charity as follows:

2025

2024

£

Emma Stones

25,975

14,500

Amanda Stevens

37,500

33,000

Further details of payments to related parties of the Trustees is shown in note 19 to the accounts.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

9.	STAFF COSTS

2025

2024

£

Wages and salaries

776,557

894,746

Social security costs

77,562

72,853

Other pension costs

19,311

16,696

873,430

984,295

The average monthly number of employees during the year was as follows:

2025

2024

Employees

37

39

No employees received emoluments in excess of £60,000.

10.	EXCEPTIONAL ITEMS

During the year the Charity has recognised exceptional items of £nil (2024: £176,936). This relates to the following items:

£nil (2024 - £176,936) funds attributable to the former CEO recognised as irrecoverable.

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Housing

4,267,068

Investment income

4

Total

4,267,072

EXPENDITURE ON

Charitable activities

Housing

3,982,089

Other

176,936

Total

4,159,025

NET INCOME

108,047

RECONCILIATION OF FUNDS

Total funds brought forward

(384,472

)

TOTAL FUNDS CARRIED FORWARD

(276,425

)

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

341,493

245,056

Other debtors

-

11,975

341,493

257,031

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 15)

13,315

100,927

Trade creditors

152,363

112,167

Social security and other taxes

139,242

185,431

Other creditors

2,428

52,050

Accrued expenses

117,882

86,041

425,230

536,616

14.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans (see note 15)

-

13,315

15.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year on demand:

Bank loans

13,315

100,927

Amounts falling between one and two years:

Bank loans - 1-2 years

-

13,315

16.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

-

1,906,509

Between one and five years

-

2,033,284

In more than five years

-

515,325

-

4,455,118

17.	MOVEMENT IN FUNDS

Net

movement

At

At 1.7.24

in funds

30.6.25

£

Unrestricted funds

General fund

(276,425

)

204,548

(71,877

)

TOTAL FUNDS

(276,425

)

204,548

(71,877

)

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

4,027,420

(3,822,872

)

204,548

TOTAL FUNDS

4,027,420

(3,822,872

)

204,548

Comparatives for movement in funds

Net

movement

At

At 1.7.23

in funds

30.6.24

£

Unrestricted funds

General fund

(384,472

)

108,047

(276,425

)

TOTAL FUNDS

(384,472

)

108,047

(276,425

)

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

4,267,072

(4,159,025

)

108,047

TOTAL FUNDS

4,267,072

(4,159,025

)

108,047

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

Net

movement

At

At 1.7.23

in funds

30.6.25

£

Unrestricted funds

General fund

(384,472

)

312,595

(71,877

)

TOTAL FUNDS

(384,472

)

312,595

(71,877

)

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

8,294,492

(7,981,897

)

312,595

TOTAL FUNDS

8,294,492

(7,981,897

)

312,595

18.	RELATED PARTY DISCLOSURES

During the period, the charitable company entered into the following related party transactions. See separately note 9 in relation to payments made to Trustees.

During the year the Charity received services in the amount of £nil (2024: £21,250) for rent for properties owned by Stones ISH Holdings Limited, a company owned by Mrs. Stones. This ended in January 2024.

During the year, a debt owed by Mrs Christine Bee, an employee of the Charity, totalling £nil (2024 - £176,936) was written off as irrecoverable, as a result of her departure from the Charity.

Included in maintenance costs are payments made to a relative of Amanda Stevens totalling £35,380 (2024: £19,864). These fees were for maintenance services provided to the Charity's rented properties during the year and are therefore included in the charitable expenses of the company.The individual became an employee of the Charity in June 2025.