Isabella Community Association Ltd Charity Accounts

COMPANY REGISTRATION NUMBER: 05870104

CHARITY REGISTRATION NUMBER: 1119221

Isabella Community Association Ltd

Company Limited by Guarantee

Unaudited Financial Statements

31 December 2025

Isabella Community Association Ltd

Company Limited by Guarantee

Financial Statements

Year ended 31 December 2025

	Page

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

Independent examiner's report to the trustees	5

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Notes to the financial statements	8

Isabella Community Association Ltd

Company Limited by Guarantee

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

Year ended 31 December 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 December 2025 .

Reference and administrative details

Registered charity name	Isabella Community Association Ltd

Charity registration number	1119221

Company registration number	05870104

Principal office and registered	The Isabella Centre
office	Ogle Drive
	Blyth
	Northumberland
	NE24 5JF

The trustees

	A Jenkinson
	R Jenkinson
	J R Potts (Treasurer)
	P Hodgetts (Chairperson)
	G Gibson
	D Gibson

Company secretary	L A Jenkinson

Independent examiner	Michael W Reed
	Russell House
	Greenwell Road
	Alnwick
	Northumberland
	NE66 1HB

Structure, activities and performance

Objectives

The main purpose of the Association is to promote and encourage local residents to become involved with community activity as well as helping to improve the neighbouring area. The Association would like to thank our service users, training groups and customers who together assist in the continuity of the Centre. The Trustees have given regard to the Charity Commission's guidance on public benefit.

Activities

The Centre is home to a well-established group of partners who use the Centre for various activities which include: zumba fitness and tone, karate, fit over 50 exercise class, elderly day centre, pre-school nursery, youth club sessions for 8 to 13 year olds, Lego club, puppy training and dog activity classes, the women's institute, a variety of adult art and craft groups: Lady Isabella Craft, Isabella Crop Circle, Lace Making and Patchwork Quilting. Little Kickers sporting activity for toddlers, Netball and pilates.

The activities of the Centre influence the lives of many, from all walks of life and age range. Many of whom have and continue to progress to further training/education or employment. The organisation is very proud of this achievement and we look forward, with optimism, to many more years of enabling local people to improve their social and economic circumstances through the provision and activities at our Centre.

We have an external laundry machine offering the community 24/7 access to large capacity washing machines and driers. We also have a bottle bank and clothing unit to meet the needs of our communities recycling.

We have had some new groups utilising the centre for their classes. A new art class on Fridays, a War Hammer Gaming club on Thursdays and an additional dog training class on Tuesdays.

The sensory sessions have been going well and reasonably attended with babies and toddlers. Once a month on Saturdays we have a free play session for SEN children which is popular. We will be introducing an after-school craft class for young people.

Funding was received from Councillor David Johnson to provide free soup once a week during the cold months. This has been very popular and the Isabella committee are keen to offer this again next year.

The Blyth relief road is set to be agreed and could start construction in late Spring 2026. The road works will take approximately 18 months and the construction site will be next to our car park. There are going to be disruptions but hopefully kept to a minimum. The relief road will not only benefit the Town but will also benefit the community centre as there will be more passing traffic and we could potentially attract new service users who might not have known about us before.

I would like to take this opportunity to thank the staff and volunteers at the centre for the hard work, loyalty and dedication they show, also the board members who make up the management committee who give their time freely to assist the centre to progress and provide as much as possible to the communities we serve.

Financial Review

The accountants report shows that in 2025 our income was £120,454 and expenditure £112,886 giving a surplus of £7,568.

Our total funds brought forward were £136,297 and now increased to £143,865. We rely on donations from other organisations to balance the books.

Our overall income increased slightly from the previous year and expenditure reduced. Our future expenditure will increase due to higher energy costs, wage increases, National insurance and inflation whilst attracting grant income has become more difficult with many organisations seeking support for core costs.

The property is leased from NCC at a peppercorn rent until 2028.

We have no other substantial fixed asset that have not already been depreciated.

Principal Funding Sources

We continue to be reliant on grants from various organisations, for which we are grateful, and these are recorded in the accounts. Our total Grant income is shown as £42,501.

Expenditure

Our employment costs for 7 employees amounted to £79,200, which was an increase from the previous year's £77,403. We have three core workers, a part-time fixed term worker and three sessional youth workers, which we need to retain to provide the service we offer. All the staff are paid on an NJC salary scale, which is increased annually, and are entitled to join the pension scheme dependent on their wages.

Our total expenditure for the year was £112,886 down from the previous year's £130,613.

Investment Policy

Aside from retaining a small amount in reserves each year, most of the charity's funds are spent in the short term so there are few funds available for long-term investment. Bank interest reduced from £1,489 to £1,273.

Reserves Policy

Our long-term aim is to build enough reserves to cover one year's expenditure through operating surpluses. The Board is aware that funding applications are torturous and time-consuming and during this difficult financial period our excellent applications are in competition with other organisations for limited resources.

Plans for the Future

The Board continues to monitor annual salaries to ensure that all expenditure is justified on our core staff. The services provided by the youth workers can only be funded if we can secure external resources. We endeavour to control our running costs but will be subject to inflation. There were no major works last year, but we will need to update the building this year with some minor works to bring the property back to a better state. Many of our facilities last year were occupied temporarily by the Gilbert Ward Academy. The sensory room had a major update this year as a lot of the equipment had been damaged, the new space will attract some room hire. We also had installed an outdoor washing and drying facility which is becoming more used and provides an income. A large tree has been removed from the rear of the premises and the garden has been greatly improved and made more manageable and accumulated wood and other rubbish has been removed. Kitchen and office

equipment has been updated. Blyth Town Council installed a new skate park facility nearby and extended our car park to accommodate expected extra vehicles using the site. We will be reviewing our lease agreement for the land and property as our lease expires in 2028 and will need to be renegotiated. We continue to bank with Santander and there have been no issues. The online version of the Sage software package has been running successfully and use of emails cuts the postage costs.

The Management Committee

The directors of the company are also charity trustees and are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year and are elected at the A.G.M. The company shall have a minimum of three and a maximum of twelve members. All members of the Board give their time voluntarily and receive no financial benefits from the charity.

Director Induction and Training

Most Directors when they join the Board are already familiar with the services run by the charity; the staff employed; the volunteers and the layout of the building. Aspiring Directors are invited to attend meetings in an observer capacity and new Directors are welcome.

Risk Management

Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients, and visitors to the Centre. We have CCTV to monitor security of the premises and Fire inspections and drills are held regularly. Systems have been established to mitigate the risks the charity faces in cash handling. We have a cash card policy and online banking security, and payments may be made electronically. We review our policies to ensure they are up to date including data protection rules (GDPR).

Organisational Structure

We have regular committee meetings (mainly monthly) where members oversee the strategic direction and policies of the Centre. The Centre Manager, who is also the company secretary, provides a monthly report to the Board. The responsibility for the day-to-day provision of services is delegated to the Centre Manager as is the responsibility for staff supervision and good working practices. The annual accounts and Directors details are updated after the AGM on the Companies House and the Charities Commission website and are available for public inspection.

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 10 March 2026 and signed on behalf of the board of trustees by:

J R Potts (Treasurer)	P Hodgetts (Chairperson)
Trustee	Trustee

Isabella Community Association Ltd

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Isabella Community Association Ltd

Year ended 31 December 2025

I report to the trustees on my examination of the financial statements of Isabella Community Association Ltd ('the charity') for the year ended 31 December 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.

Michael W Reed Independent Examiner

Russell House Greenwell Road Alnwick Northumberland NE66 1HB

10 March 2026

Isabella Community Association Ltd

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 December 2025

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

Income and endowments

Donations and legacies	5	–	42,501	42,501	13,924
Charitable activities	6	50,472	–	50,472	62,030
Other trading activities	7	26,208	–	26,208	38,591
Investment income	8	1,273	–	1,273	1,489
		--------	--------	---------	---------
Total income		77,953	42,501	120,454	116,034
		--------	--------	---------	---------

Expenditure

Expenditure on raising funds:

	Costs of other trading activities		9	26,168	–	26,168	34,335
Expenditure on charitable activities		10,11		44,217	42,501	86,718	96,278
				--------	--------	---------	---------
Total expenditure				70,385	42,501	112,886	130,613
				--------	--------	---------	---------

	--------	--------	---------	---------
Net income/(expenditure) and net movement in funds	7,568	–	7,568	( 14,579)
	--------	--------	---------	---------

Reconciliation of funds

Total funds brought forward	120,062	16,235	136,297	150,876
	---------	--------	---------	---------
Total funds carried forward	127,630	16,235	143,865	136,297
	---------	--------	---------	---------

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

All income and expenditure derive from continuing activities.

Isabella Community Association Ltd

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Current assets

Debtors	17	4,928	9,904
Cash at bank and in hand		146,921	156,757
		---------	---------
		151,849	166,661

Creditors: amounts falling due within one year	18	7,984	30,364
		---------	---------
Net current assets		143,865	136,297
		---------	---------
Total assets less current liabilities		143,865	136,297
		---------	---------
Net assets		143,865	136,297
		---------	---------

Funds of the charity

Restricted funds		16,235	16,235
Unrestricted funds		127,630	120,062
		---------	---------
Total charity funds	19	143,865	136,297
		---------	---------

For the year ending 31 December 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 10 March 2026 , and are signed on behalf of the board by:

J R Potts (Treasurer)	P Hodgetts (Chairperson)
Trustee	Trustee

Isabella Community Association Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 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 The Isabella Centre, Ogle Drive, Blyth, Northumberland, NE24 5JF.

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.

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:

Solar Panels	-	10% straight line
Fixtures and fittings	-	20% straight line
Office equipment	-	20% straight line

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.

4. Limited by guarantee

The company is limited by guarantee. Every member of the Company undertakes to contribute such amount as may be required (not exceeding £10) to the Company's assets if it should be wound up while they are a member, or within one year after ceasing to be a member, for payment of the Company's debts and liabilities contracted before ceasing to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves. If the company is is wound up or dissolved and after all its debts and liabilities have been satisfied there remains any property it shall not be paid to, or distributed among the members of the Company, but shall be given or transferred to some other Company or charities having similar objects which prohibit the distribution of its income and property, directly or indirectly, by way of dividend, bonus or otherwise by way of profit, to member s of the Company.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Grants

Blyth Town Council (Salaries and wages)	–	–	–
Blyth Town Council (Equipment)	–	–	–
Barbour Foundation (Core salary costs)	–	5,000	5,000
Ridley Family Charity (Core salary costs)	–	4,167	4,167
R W Mann (Core salary costs)	–	1,667	1,667
Cafe Grants	–	–	–
Garfield Weston (Core costs)	–	10,000	10,000
National Lottery (Core costs)	–	16,667	16,667
Rothley Trust (Toddler group)	–	–	–
Youth projects	–	–	–
Sir James Knott Trust (Core costs)	–	5,000	5,000
	----	--------	--------
	–	42,501	42,501
	----	--------	--------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Grants

Blyth Town Council (Salaries and wages)	–	3,000	3,000
Blyth Town Council (Equipment)	–	2,500	2,500
Barbour Foundation (Core salary costs)	–	–	–
Ridley Family Charity (Core salary costs)	–	833	833
R W Mann (Core salary costs)	–	333	333
Cafe Grants	2,575	–	2,575
Garfield Weston (Core costs)	–	–	–
National Lottery (Core costs)	–	3,333	3,333
Rothley Trust (Toddler group)	–	850	850
Youth projects	500	–	500
Sir James Knott Trust (Core costs)	–	–	–
	-------	--------	--------
	3,075	10,849	13,924
	-------	--------	--------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Charitable income	50,472	50,472	62,030	62,030
	--------	--------	--------	--------

7. Other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Fundraising	84	84	985	985
Cafe	20,464	20,464	32,761	32,761
Solar panels	5,660	5,660	4,845	4,845
	--------	--------	--------	--------
	26,208	26,208	38,591	38,591
	--------	--------	--------	--------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	1,273	1,273	1,489	1,489
	-------	-------	-------	-------

9. Costs of other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Costs of other trading activities - Cafe	26,168	26,168	34,335	34,335
	--------	--------	--------	--------

10. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Support costs	44,217	42,501	86,718
	--------	--------	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Support costs	88,779	7,499	96,278
	--------	-------	--------

11. Expenditure on charitable activities by activity type

	Support costs	Total funds 2025	Total fund 2024
	£	£	£
Charitable activity	85,643	85,643	95,259
Governance costs	1,075	1,075	1,019
	--------	--------	--------
	86,718	86,718	96,278
	--------	--------	--------

12. Analysis of support costs

	Charitable activities	Total 2025	Total 2024
	£	£	£
Staff costs	49,070	49,070	48,801
Premises	18,842	18,842	24,451
General office	4,170	4,170	4,782
Governance costs	1,075	1,075	1,020
Support costs - Other costs	2,776	2,776	7,918
	--------	--------	--------
	75,933	75,933	86,972
	--------	--------	--------

13. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	1,075	1,008
	-------	-------

14. Staff costs

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

	2025	2024
	£	£
Wages and salaries	79,200	77,403
	--------	--------

The average head count of employees during the year was 7 (2024: 7 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff	7	7
	----	----

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

15. Trustee remuneration and expenses

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

16. Tangible fixed assets

	Solar Panels	Fixtures and fittings	Office equipment	Total
	£	£	£	£
Cost
At 1 January 2025 and 31 December 2025	21,000	8,122	7,161	36,283
	--------	-------	-------	--------
Depreciation
At 1 January 2025 and 31 December 2025	21,000	8,122	7,161	36,283
	--------	-------	-------	--------
Carrying amount
At 31 December 2025	–	–	–	–
	--------	-------	-------	--------
At 31 December 2024	–	–	–	–
	--------	-------	-------	--------

The charity operates and runs the premises at the Isabella Centre, Ogle Drive, Blyth. The land on which the building sits is leased from Northumberland County Council on a 25 year lease at a peppercorn rent. The lease expires in 2028.The Directors do not consider it appropriate to place a value on the building given the restrictions on its use, and the ownership of the land on which it is built remaining with Northumberland CC.

17. Debtors

	2025	2024
	£	£
Trade debtors	4,928	9,904
	-------	-------

18. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,131	6,856
Accruals and deferred income	853	23,508
	-------	--------
	7,984	30,364
	-------	--------

19. Analysis of charitable funds

Unrestricted funds

	At 1 January 2025	Income	Expenditure	At 31 December 2025
	£	£	£	£
Unrestricted fund - Central	125,755	35,452	(27,884)	133,323
Designated -Cafe	(5,693)	42,501	(42,501)	(5,693)
	---------	--------	--------	---------
	120,062	77,953	(70,385)	127,630
	---------	--------	--------	---------

	At 1 January 2024	Income	Expenditure	At 31 December 2024
	£	£	£	£
Unrestricted fund - Central	144,685	69,849	(88,779)	125,755
Designated -Cafe	(6,694)	35,336	(34,335)	(5,693)
	---------	---------	---------	---------
	137,991	105,185	(123,114)	120,062
	---------	---------	---------	---------

Restricted funds

	At 1 January 2025	Income	Expenditure	At 31 December 2025
	£	£	£	£
Restricted Fund - Youth project	–	26,667	(26,667)	–
Restricted Fund Capital Projects	1,950	–	–	1,950
Wages	–	15,834	(15,834)	–
Toddler Group	1,010	–	–	1,010
Boiler	9,775	–	–	9,775
Dance activities	3,500	–	–	3,500
Equipment	–	–	–	–
	--------	--------	--------	--------
	16,235	42,501	(42,501)	16,235
	--------	--------	--------	--------

	At 1 January 2024	Income	Expenditure	At 31 December 2024
	£	£	£	£
Restricted Fund - Youth project	–	–	–	–
Restricted Fund Capital Projects	1,950	–	–	1,950
Wages	–	7,499	(7,499)	–
Toddler Group	160	850	–	1,010
Boiler	9,775	–	–	9,775
Dance activities	1,000	–	–	1,000
Equipment	–	2,500	–	2,500
	--------	--------	-------	--------
	12,885	10,849	(7,499)	16,235
	--------	--------	-------	--------

20. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Current assets	135,614	16,235	151,849
Creditors less than 1 year	(7,984)	–	(7,984)
	---------	--------	---------
Net assets	127,630	16,235	143,865
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Current assets	150,426	16,235	166,661
Creditors less than 1 year	(30,364)	–	(30,364)
	---------	--------	---------
Net assets	120,062	16,235	136,297
	---------	--------	---------