Charity registrdtion number 1001330 (England and Wales)
Company registration number 02543708
THE WATERSIDE CENTRE, KINGS LANGLEY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE WATERSIDE CENTRE, KINGS LANGLEY
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
MrA. Donovan
Mr l. Passey
Mr R McLean
Mrs S. Kidd
Ms H. Fletcher
Mrs S. Abbott
Mr A Johnson
(Appointed 27 January
20251
(Appointed 27 January
2025)
Mi R Bright
Chair
Mr R. McLean
Secretary
Ms D. Bowman
Centre Manager
Ms D. Bowman
Charity number
1001330
Company number
02543708
Principal address
63 Waterside
King5 Langley
Hertfordshire
WD4 8HE
Registered office
63 Walerside
Kings Langley
Hertfordshire
WD4 8HE
Independent examiner
John Wilson FCAATII
Howard Wilson Chartered Accountants
36 Crown Rise
Watford
Hertfordshire
WD25 ONE

THE WATERSIDE CENTRE, KINGS LANGLEY
CONTENTS
Page
Trustees, report
Slalemenl of Trustees, responsibilities
Independent examinerfs report
Slalemenl of financial activilies
Balance sheet
Notes lo the financial statement5
9-16

THE WATERSIDE CENTRE, KINGS LANGLEY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial slalemenls have been prepared in accordan￿ with the accounting policies sel out in note 1 to the
financial slalemenls and comply with the charity's Memorandum and Articles of Association, the Companies Act
2006 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities
preparing their accounts in accordance I'iilh the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021 (effective 1 January 2019)"
Objectives and activities
The principal objects of the charity are lo enhance the life experien￿$ of persons with learning disabililiÈs and to
offer opportunities lo develop the inlelleclual capacity and abilities of such persons that they may achieve their
full potential both as individuals and members of society.
To meet the aims. people with learning disabilities are sponsored by Hertfordshire County Council Adult Care
Service, Charities, and individuals to allend the Cenlie on specified days each week.
The Waterside Centre has a capaaty for up lo 60'People we support, who have used Ihe Centre and are whose
needs are known to the Staff and Volunteers. Given the physical reslrictions of Ihe property il is only possible to
cater for a maximum of 30 on any given day from that knoi'in pool of 60, therefore some scheduling needs to be
in place to ensure the correct balance of User needs. space, activities, and support staff are available to ensure a
safe experience.
The 'People we support, {this is the new name for Clients) purchase attendan￿ on 2 daily basis or in some
cases in blocks of days, thus the actual individuals %vho attend varies on a daisy basis. Hence our potential list of
Clients being as high as 60 different individuals i'iith 30 in attendance over any given day of the week.
The Centre has a significant number of potential Users viishing lo enjoy the services of Waterside and this is
normally by viord of tnouth or reputation so ive do not operate a documented 'waiting list,, this is not necessary
and of course we hope our reputation is sufficient to continually encourage new tjsers going fo￿ard.
We regularly run 'taster days.. as requested, for Ihose polential Users who have heard about the services of
Waterside. In most circumstances those individuals who have undertaken a 'laster day. end up allending on a
regular basis for maybe two or three days a week_
The variety of activities offered includes needlework, cookery, arts and crafts, woodwork, singing and dancing,
basic numeracy, literacy and computer skills, discussion and group work.
Outside in the community we offer regular walks and some gardening. We also offer swimming. gym, badminton
and trips lo places of interest.
The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the
¢harily should undertake.
The Trustees also wish lo record their heartfelt thanks to the volunteers without wham the charity would be
unable to maintain the quality of service al the level of expenditure that is currently enjoyed. We have four to five
Volunteers available lo the Centre, often these are the parenls of offspring who are Clients of Waterside.

THE WATERSIDE CENTRE, KINGS LANGLEY
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
The Centre currently has 56 registered users. The sessions available for the people we support vary based on
needs, requiremenls and demands. The variety of activities offered include arts and crafts, needlework, cookery.
singing and dancing, literacy, table games, active games. quizzes and group discussion. Outside in the
community there are village walks, swimming. gym. badminton and sailing. In addition there are visits to places
of interest lo the people we support which have become regular since the lease of a minibus in late 2024.
We have 14 contract staff, 4 bank staff and 3 volunteers. Currently there are 8 trustees
The Centre is extremely grateful to all its staff, i'ihose dedication and hard work provides for a safe, inviting and
inclusive place for the people we support. We knoi'i that the users and their families are appreciative of this.
The Centre is also grateful to the lime invested by Ihe Iruslees and the other volunteers who either provide a
governance role. assist the staff, or generally provide some help and support where necessary_
Financial review
For the year ended 31 March 2025, the provisional results show In￿Me of £378k. up from £353k (2024). The
increase has been as a result of the Sponsorship income rising by approximately 8 %. However this increase has
been offset by a rise in charitable costs from £344k to £383K up 11 /0, With staff cost increases claiming the bulk
of this, rising from £267k to £293k (up 10 /0 in the year}. The rising cost for staff was partly due to the changes in
National Minimum and Living Wage, and will have a greater impact going forviard due to 2025-26 wage changes
and national insurance changes.
Overall this has resulted in the charity going from a small surplus in 2024 (£9k) to a deficit in 20251£5k), vihich
has caused the reserves al the end of the year lo fall to £165K. The level of reserves provides an element of
comfort. bul il does show the vulnerability to changes outside of the control of the Cenlre.
After factors such as further changes to National Minimum Wage levels. full impact of the Employers National
Insurance changes, ever increasing compliance both in terms of the provision for the Centre attendee5 and lo
maintain and enhance the current setting. without a coiresponding increase in the Sponsorship Income, the
Centre may be forced to use more of the Reserves in future years. and is expecting that to be the case for 2025-
26. This does mean that the Centre ivill need to constantly reMew ils operations and how il can continue meeting
the needs of the Centre Users whi15t being able to manage the budget and work on the current income levels
11 is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to three monlh's expenditure. The Trustees consider that reserves at this level
will ensure that, in the event of a material change lo ils major funding source, they will be able lo continue the
charity's current activities while consideration is given to ways in which additional fund5 may be raised. This level
of reserves has been increased during the year. The Trustees have agreed that the level of reserves held should
be subject to review on an annual basis.

THE WATERSIDE CENTRE, KINGS LANGLEY
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, dLJring the year, evaluated the Reserves Policy of the Cenlfe In doing so, they identified that ils
major funding source of income was from ils Service Users under the control of Hertfordshire County Council
Commissioning. The Trustees agreed that any reserves policy set by the Centre would need lo be such that il
addressed the risks of unplanned closure on the SeNice Users. staff and volunteers.
The Trustees have designated funds to provide for the cost of maintenance Ihat is required lo the fabric of the
charity's building. The provision exisls in order lo reGognise that the building must be maintained to a "fil for
purpose" standard. Provisions will be made lo the Fund in future to ensure that the level of the Fund meets the
Cenlre's needs.
In summary the Trustees have agreed that the level of reserves should be set at:
Risks of Unplanned Closure- £100.000
Building Exlernalllnlernal Repairs - £50.000 (held as a designated fund)
With fund balances al 31 March 2025 of £170.612. the Ttustee5 have agreed to enter a lease contract for two
years for a minibus. This will provide many more opportunities for external activities and visits. The minibus is
due lo be delivered in October 2024_ The Centre will look to obtain donations to offset the lease and running
costs of the minibus.
Under the Memorandum and Articles ofAssociation. the charity has the power lo make any investment that the
Trustee5 see fit.
Structure. governance and management
The charitable company is governed by a Memorandum and Articles of Association and was incorporated on 27
September 1990. The Memorandum and Articles of Association was amended by a resolution dated 22
November 1990. The chaiitable cornpany C'the chartty") was iegistered as a charity by the Charity Commission
on 18 December 1990.
The charity is constituted as a company limiled by guarantee with a board of Trustees, who are also Directors of
the charity for Companies Act purposes. There is no maximum number of Trustees that can be appointed bul the
minimum number is six. The Trustees meet a minimum of six times per annum lo oversee the running of the
organisation. Their responsibilities are defined in the Articles of Association. No remuneration is payable to the
members of the Management Committee. Suitable candidates are identified and invited to join the Trustee body.
Prospective Trustees are invited to allend the Centre and Trustees meetings to acquaint themselves with all
aspects of the charity before they are forrnally invited to become Tru5tee5.
Day lo day activities are delegated lo the manager and staff team. The Trustees regularly attend the centre and
rnonilor activities.
The Trustees, who are also the directors for Ihe purpose of company law. and who served during the year and up
lo the dale of signature of the financial slalements were..
MrA. Donovan
Mr l. Passey
Mr R McLean
Mrs S. Kidd
Ms H. Fletcher
Mrs S. Abbott
MrA Johnson
Mr R Bright
(Appointed 27 January 2025)
(Appointed 27 January 2025)
None of the TrLJslees has any beneficial interest in the company. All of the Trustees are members of the company
and guarantee lo contribute £1 in the event of a winding up.

THE WATERSIDE CENTRE, KINGS LANGLEY
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The directors of the charitable company {'Ihe charity,) are ils Trustees for the purpose of charity law and
throughout this report are referred lo as the Trustees. A list of the Trustees are given on the Legal and
Administration page to the financial slalemenls. All of the Trustees named on Ihat page served during the year.
The board of Trustees has the power to appoint addilional Trustees as il sees fil. Those Trustees appointed
during the period plus one third of the existing Trustees musl retire by rotation at the next Annual General
Meeting. All retiring Trustees are eligible for re-election.
The Trustees, report was approved by the Board of Trustees.
Mr R McLean
Trustee
Dated.

THE WATERSIDE CENTRE, KINGS LANGLEY
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are a150 the directors of The Waterside Cenlre. Kings Langley for the purpose of company law,
are responsible for preparing the Trustees. Report 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 lo prepare financial statements for each financial year which give a true and fair
view of the slate of affairs of the charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required lo..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in Ihe Charities SORP..
make judgements and eslimales that are reasonable and prudent..
slate whether applicable UK Accounting Standards have been followed. subject lo any material departures
disclosed and explained in the financial statements", and
prepare the financial statements on the going conceffl basis unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial pos11ion of the charity and enable them to ensure that the financial slalemenls comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

THE WATERSIDE CENTRE, KINGS LANGLEY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE WATERSIDE CENTRE. KINGS LANGLEY
I report to the Trustees on my examination of the financial statements of The Waterside Centre, Kings Langley (the
charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the Trustees of the charity (and also ils 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 charity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respeGI of my examination of the
charity's financial slalemenls 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){bl of the Charities Act 2011 .
Independent examiner's statement
Since the charity's gross income exceeded £250.000. Ihe independent examiner musl be a member of a body listed
in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a
member of ICAEW, which is one ofthe listed bodie5.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe Ihal in any material respect".
accounting records were not kepl in respect of the charity as required by section 386 of the Companies Act
2006.
the financial slalemenls do not accord with those records-. or
the financial statements do not comply with the accounling requirements of section 396 of the Companies Act
2006 other than any requirement that the financial slalemenls give a true and fair vieiv, which is not a matter
considered as part of an independent examinalion-: or
the financial statements have not been prepared in accordance Nyith the methods and principles of the
Slalemenl 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.
,•Ji,I
John Wilson FCA ATII
Howard Wilson Chartered Accountants
36 Crown Rise
Walford
Hertfordshire
WD25 ONE
Dale..

THE WATERSIDE CENTRE, KINGS LANGLEY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Restricted
funds
2025
Total
Unrestricted
funds
2024
2025
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
3.262
369,929
1.298
2,127
242
1,186
4,448
369.929
1.298
2.127
242
6,364
345,163
1,184
762
100
Total income
376.858
1.186
378,044
353,573
Expenditure on:
Raising funds
Charitable activities
60
384.480
30
344,171
383.294
1.186
Total expenditure
383.354
1.186
384,540
344,201
Net incomellexpenditurel and movement in
funds
(6,496)
16,496)
9,372
Reconciliation of funds:
Fund balances al 1 April 2024
170,612
170,612
161,240
Fund balances at 31 March 2025
164.116
164,116
170,612
The statement of financial a¢livilie5 includes all gains and losses recognised in the year. All income and expenditure
derive Irom continuing aclivilies.

THE WATERSIDE CENTRE, KINGS LANGLEY
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
13
3,303
Current assets
Debtors
Cash al bank and in hand
14
35,187
136.056
32,193
141,977
171.243
174,170
Creditors.. amounts falling due within
one year
15
(10.430)
(3.558)
Net current assets
160.813
170,612
Total assets less current liabilities
164,116
170,612
The funds of the charity
Unrestricted funds
18
164,116
170,612
164,116
170,612
The company is entitled to the exemption from Ihe audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect lo accaunling records and the preparation of financial slalements.
The members have not required the company to obtain an audil of its financial statements for the year in question in
accordance with Section 476.
These financial statements have been prepared in accordance with the prowsions applicable lo companies subject
lo the small companies regime.
The financial statements were approved by the Trustees on .......
Mr l. Passey
Trustee
Mr R McLean
Trustee
Company registration number 02543708 (England and Wales)

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charity infomiation
The V4Jalerside Cenlre. Kings Langley is a private company limited by guarantee incorporated in England and
Wales. The registered office 1$ 63 WaleTside, Kings Langley, Hertfordshire. WD4 8HE.
The company is a private company limited by guarantee and not having any share capital. The extent of the
liability of the members of the company on a viinding up is limited to a maximum of one pound each. The
company is also a registered charity and accordingly no liability to corporation tax arises on the financial
statements.
The charitable company has an exemption under section 30(5) of the Companies Act 1985 from using
'Limiled' in the tille.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of
AssociatlDn,
the Companies Act 2006 and "Accounting and Reporting by Charilie5'. Statement of
Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20191" The
charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash FIoNvs.
The financial statements are prepared in sterling, Ivhich is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under Ihe hislorical cosl convention. The principal accounting
policies adopted are set out below_
1.2 Going concern
Al the lime of approving the financial statements. the Truslees have a reasonable expectation that Ihe charity
has adequate resources ID continue in operational existence for the foreseeable future. Thus the Trustees
cor)tinue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unreslricled funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
1.4 Income
Income is recognised when the charity is legally enlilled to it after any performance conditions have been met,
the amounts can be measured reliably. and it is probable that income will be reoived.
Cash donations are recognised on le￿Ipl. Other donations are recognised once Ihe Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is reGognised at the lime of the donation.
1.5 Expenditure
Resources expended are included in the Statement of Finanaal Activities on an accruals basis inclusive of
VAT.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, nel of
depreciation and any impairment losses.

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
Depreciation is recognised so as lo write off the cost or valuation of assets less Iheir residual values over their
useful lives on the following bases-
Plant and machinery
25°k straight line
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.
Assets costing under £1,500 are chaiged directly to the Slalement of Financial Activities in the year of
purchase.
Where capital items are acquired through donations received. those assels are wrillen off in the year ol
purchase.
1.7 Impaimient of fixed assets
At each reporting end date, the charity reweiv5 the carrying amounts of its tangible assets to delerrnine
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 lo determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposils held at call wilh banks, other 5hort-term liquid
investments with original maturities of three monlhs or less, and bank overdrafts. Bank overdrafls are shown
within borroivings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity'5 balan￿ sheet when the charity becomes party to the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the net amounts presented in Ihe financial staternents, when
there is a legally enforceable righl to sel off the recognised amounts and there is an intention to settle on a nel
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
8asiG financial assets. which include debtors and cash and bank balances, are initially measured al
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 al the present value of the future receipts discounted at a market rate of interest. Financial assets
classifièd as receivable ivilhin one year are not amortised.
10-

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continuedl
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslitules a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cosl. using the effective interest rale method.
Trade creditors are obligations lo 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 al
transaction price and subsequently measured at amortised cost using Ihe effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the chanty's conlfaclual obligations expire or are discharged or
cancelled.
1.10 Taxation
The activities of the charity are exempt from Cortioration Tax under Section 505 of the Income and
Corporation Taxes Act 1988 to the extent that they are applied lo the organisation's charitable objects.
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 charity is demonstrably committed
to terminate the employment of an employee or lo provide termination benefits.
1.12 Retirement benefits
Payments to defined contribulion retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the charity's accounling policies, the Trustees are required lo 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 a￿ based on historical experience and other
factors that are considered lo be relevant. Actual results may differ from thèse eslimales.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales 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.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Donations and gifts
3.262
1.186
6.364
6,364
11

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activities
Unrestricted
funds
2025
Unrestricted
funds
2024
Charitable activities
Sponsorship income
Activities and outings
Lunch receipts
337,095
4,391
28,443
314,955
4,373
25,835
369,929
345,163
Income from other trading activities
Unrestricted Unrestricted
funds
funds
2025
2024
Other trading activities
1,298
1,184
Income from investments
Unrestricted Unrestricted
funds
funds
2025
2024
Interest receivable
2,127
762
Other income
Unrestricted Unrestricted
funds
funds
2025
2024
Other income
242
100
12

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Community fundraising, events and sponsorship
Other fundraising costs
60
30
Charitable activities
2025
2024
Staff costs
Depreciation and impaiment
Material costs
Lunches
Rent & rates
Light, heat and water
Repairs and renewals
Office costs
Staff expenses
Insurance
Equipment hire
Legal and professional
Staff training
Activities and outings
Sundry expenses
Governance costs
Other charitable expenditure
293,110
1,101
13,484
22,312
9,000
9,264
2.882
3,300
3,963
3,854
6.816
3.873
588
8.712
136
1,249
836
267.089
1,743
11,500
16,794
9,OQO
6,607
7,720
3,048
2,637
3,160
1,240
4,939
610
6,666
265
1,153
384.480
344,171
Analysis by fund
Unreslricled funds
Reslricled funds
383.294
1,186
344,171
384,480
344,171
Governance costs comprise independenl examinerfs fees of £1.249 (2024 - £1.153).
10 Trustees
None of the Trustees (or any persons connected with Ihem) received any remuneration during the year.
13-

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Employees
Number of employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Direct charitable work
Management
Adminislralive
14
12
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
274,190
13,898
5,022
249,489
12,888
4,712
293,110
267,089
There were no employees whose annual remuneration was £60.000 or more.
12 Taxation
The charity is exempl from taxation on ils activities because all ils income is applied for charitable purposes.
13 Tangible fixed assets
Plant and
machinery
Cost
Al 1 April 2024
Additions
9,372
4,404
At 31 March 2025
13,776
Depreciation and impaimient
Al 1 April 2024
Depreciation charged in the year
9,372
1,101
At 31 March 2025
10,473
Carrying amount
At 31 March 2025
3.303
At 31 March 2024
14-

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
31,930
3,257
28,832
3.361
3S,187
32,193
15 Creditors: amounts falling due within one year
2025
2024
Other taxalion and social security
Trade creditors
Other creditors
Accruals and deferred income
4,420
3,688
1.122
1.200
1,437
921
1,200
10,430
3,558
16 Retirement benefit scheTnes
2025
2024
Defined contribution schemes
Charge lo profit or loss in respect of defined contribution schemes
5,022
4,712
The charity operates a defined contribution pension scheme for all qualifying employees. The 2ssels of the
scheme are held separately from those of the charity in an independently administered fund.
17 Restricted funds
The reslricled 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
2024
Incoming
resources
Rèsources At 31 March
expended
2025
Minibus Fund
1,186
(1,1861
The Minibus Fund is for donations lo fund the costs of a minibus for the charity
15-

THE WATERSIDE CENTRE, KINGS LANGLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unreslricled funds by the trustees for specific purposes.
At 1 April
2024
Incoming Resources At 31 March
resources
expended
2025
General funds
170.612
376,858
1383,354)
164.116
Previou5 year:
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
Contingency Fund
General funds
50.000
111.240
50,000
120,612
353,573
(344,2011
161.240
353,573
(344,2011
170,612
The contingency fund has been established to prowde for the cost of maintenance that is required to the fabric
of the charity's building. The provision exists in order lo recognise that the building must be maintained to a
"fit for purpose" level for the period of the lease Ivhich l'ias renelved for a period of 15 years during the year.
Provisions will be made to the Fund in future to ensure that the level of the Fund meets the Cenlre's needs.
19 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
16-