THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(REGISTERED NUMBER .' 02679740)
REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

THE CARROLL CENTRE LIMITED
YEAR ENDING 31 MARCH 2024
TRUSTEE ANNUAL REPORT
The Trustees present their report and accounts for the year ended 31 March 2024. As the
charty is also a company. the Trustees, Report includes the Directors, Report.
The accounts have been prepared in accordance wtth the accounting pokies set out
note 1 to the accounts and compty wtth the folkjwing:
The charity's memorandum and art￿leS of associat#)n
Applicable law and
The requirements of the Statement of Recommended Practice, "Accounting and
Reporting by CharitEs"
Structure, govemance and managemenl
The charty i8 a company limited by guarantee. The charity is governed by its
Memorandum and Art￿leS of Association dated 22 January 1992. The guarantee of
indiv￿ual members of the company is limited to £1 for each membef
The Trustees who are also directors for the purpose of the Companies Act 2006. and
those who served in the year were:
Barbara Guthrie
Marianne Foster
NicoLq Horsey
Paul Breakwell
Sue Turner
Alexandra Johnstone (appointed (20 June 2024
Colin Roberts (appointed 20 June 2024)
Rachel Aron (retired 2 May 2024}
Trustees benefrt from an induction process inckjding br￿fing$ on the governance of the
company and charty. Trustees have access to Charity Commission Publications and to
training opportunrties to devek)p expertise.
Potential Truslees are required to complete an application form and appty to be checked
through the Disck)sure and Barring Service, references are taken up and assessed prx)r
to final consideration for appointment. Trustees are appointed annual￿ at the Annual
General Meeting and can be co-opted by the Board be￿een AGMS. None of the
Trustees have any benef￿￿91 interest in the company.
The Trustees have assessed the major risks to which the charty is exposed and are
sattsfEd that systems are in place to mitigate any exposure to the maTr)r risks. The
Trustees appoinl a Centre Operational Manager and Head of Nursery and Childcare to
manage the operational work of the charty and advise the Board on flnancial and
operational matters.

THE CARROLL CENTRE LIMITED YEAR ENDED 31 MARCH 2024
TRUSTEES ANNUAL REPORT
Objectlves and actlvfties
The company was incorporated on 14 January 1992. The company was formed
for the benefit of the young people of Stanmore and surrounding
neighbourhoods to maintain. manage and develop its remit. In 2020 the Centre
changed its trading name and became known as the Carroll Centre.
The Carroll Centre aims to:
Promote activitl8s lo benefit children, young people and families in Stanmore
and the surrounding area
Provide a safe, non41iscriminatory environment in which the principles of
equal opportunity are actively promoted, without distinction of gender, age,
sexual orientation or race, or of political, religious or other belief5.
Build partnerships belween the community and other agencies in a common
effort to advance education and provide activities in the Inter8sts of health and
soclal welfare, recreation and leisure time occupatlon.
Statement of Public Benefft derlved from actlvitles.
We have referred to the guidance in the Charity Commission's general guidance
l on public benefitwhen reviewing our aims and objective and in plannlng our
future activities. In particular the Trustees have considered how planned
, activities will contribute to the aims and objectives they have seL
'The focus of our activities is to work with children, young people and their
families to give children the best possible start in life, to inspire them to become
I Posltive, happy and healthy adults within a supportive community.
We are committed to working in pathership with other agencles to secure the
widest range of services to meet the needs of the local population. All our
'activities are undertaken to further our charitable purposes for the publlc beneflt.
Summary of coro actlvltles and 8ervlces undertaken
e Carroll Centre has continued to be a place at the heart ofthe community
roviding superb education, supportand encouragementto local children and
rnilies. In the activities it has undertaken with families it is able to encourage
arenting and family skills. In the relationships it forges with parents it is able to
Identify the most vulnerable and offer emotional and practical support. The cuts
nd financial difficulties faced by the local families create increasing stress and
, ardship. Feedback is welcomed and acted upon. There is a culture in the centre
f openness and willingness to change,

Annual Report
April 2023- March 2024
Nursery There have been many staff changes and challenges during the year.
We had an excellent deputy manager, Beth Parkinson, who was able, with her
staff, to earn a 'Good' rating from Ofsted in November 2023. The numbers for
nursery are slowly improving. but we do need more children to join. We have
employed a new Head of Nursery and Childcare. Lauren Sylvester. she stsrted
in her new job in March 2024.
Qube and Café Qube has been an asset to the centre. tt attracts a wide range
of families. It has the added advantage of being a facility for the nursery children
and children from the holiday play scheme. These are children whose families
would othe￿iSe not be able to afford it.
The café is popular, and it provides useful training in the catering trade for
volunteers.
The Food Pantry Jess Giles, ably assisted by Ann Maloney, runs the Food
Pantry. It receives donations from Sainsbury's (Badger Fami and Eastleigh Town
Centre), Lidl. Vale Farm (eggs) and some private donors. Stanmore School. St
Peter's School, Kingsworthy School and Kings School have all donated
regularly. It has also received fijnding from HCC. It has partnerships with the
Hygiene Bank, NCT and the Basics Bank. It has nearly 500 members which
indicates the level of need in Winchester and especially Stanmore.
HAF Holiday Playscheme (Hampshire County Council Funding
Stream) The play schemes continued during Christmas, Easter and Summer,
providing a meal and creative activilies for children who would have no access
to these kinds of facilits'es.
Head of Centre Steve Maloney has been approved by the Board as the
operats.onal Head of Centre after a six-month trial period. He has risen to many
challenges. has extremely good relationships wilh the staff and volunteers, and
has contributed signifirAntly to the ongoing success of the Carroll Centre.
Fund Raislng The most significant donation has been an award of £250.000
over five years by The Oak Foundation.
Sue Turner, Nicola Horsey and Steve Maloney meet regularly to apply for
funding grants.
The Peg it FoNiard scheme has been su￿sSfUl, individuals can donate money
which can then be given for a hot drink, ora visitto Qube.
Christmas Market One ofour community development activities was the
three-day Christmas Market. St attracted small home businesses and our own in-
house fundraising stalls. It was an afft)rdable community activity and raised
awareness of the Centre.

**Art Exhibition** Thanks to the generosity of Winchester University, we were able to hold an extremely successful art exhibition. We were given the use of the beautiful gallery for four days and wine and ca napes for the opening night and we raised nearly £6,000. Many local artists showed their work. 

**Home Start** We were delighted when Home Start, a charity which supports young families, moved into the Carroll Centre in December 2023, renting a couple of rooms from us. It is a mutually beneficial partnership. 

## **Trustees** 

Barbara Guthrie Nicola Horsey Sue Turner Rachel Aron Marianne Foster Paul Breakwell 

It was with great regret we said goodbye to Rachel Aron who has become a Liberal Democrat City Councillor. She has worked tirelessly for the Centre, and we shall miss her. 

Two new trustees are joining us are Colin Roberts and Alexandra Johnston. We welcome them. 

On our Finance Committee we had the excellent Edwina Curtis Hayward and she left us after giving us several years of her wisdom. 

Thank you to the Operational Head of the Centre, Steve Maloney, the staff and volunteers. Thanks to you for your hard work and good nature. People comment on what a friendly place the Centre is, and it is just that, a place to feel safe and 

## **arbara Guthrie (Chair)** 

5 



## **INDEPENDENT EXAMINER'S REPORT** 

## **TO THE TRUSTEES OF THE CARROLL CENTRE LIMITED** 

I report to the Charity Trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 8 to 17. 

## **RESPONSIBILITIES AND BASIS OF REPORT** 

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts 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 your company'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 in any material aspect: 

- a) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 

- b) the accounts do not accord with those records; or 

- c) the accounts 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 

- d} the accounts 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. 

Kerry Lawrance FCA 

Compass Accountants 

Chartered Accountants and Registered Auditors Venture House The Tanneries Titchfield **PO14 4AR** 

Date: 4th December 2024 

6 



THE CARROLL CENTRE LIMITED
(Company limited by guarantee and not having share capital}
LEGAL AND ADMINISTRATIVE INFORMATION
Charlty number
1007973
Company number
2679740
Trustees
Barbara Guthrie
Marianne Foster
Nicola Horsey
Paul Breakwell
Sue Turner
Alexandra Johnstone (appointed (20 June 2024
Colin Roberts (appointed 20 June 2024)
Rachel Aron (retired 2 May 2024)
Prlncipal addres8
The Carroll Centre
Somers Close
Stanmore
Winchester
S022 4EJ
Reglstered offlce
The Carroll Centre
Somers Close
Stanmore
Winchester
S022 4EJ
Independent examlner
Compass Accountants
Chartered Accountsnts and Reglstered Audltors
Venture House
The Tanneries
Titchfield
P014 4AR
Bankers
Lloyds Bank
49 High Street
Winchester
S023 9BU

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limited by guarantee and nol having share capitsll
REGISTERED NUMBER . 02679740
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Ilncluding Income and Expendlture account)
Unrestrlcted Reslrlcted Total funds
funds
funds
2024
Total fvnds
2023
Notes
INCOME
Donauons and legacies
Trading income
Charitable activities
Investmenl income
16,856
5.386
106,777
16,856
5,386
224,220
17,468
915
252,860
25
117,443
TOTAL INCOME
129,019
117,443
246,462
271,268
EXPENDITURE
Charilable activities
156.828
117.443
274,271
303,366
TOTAL EXPENDrniRE
156,828
117,443
274,271
303,366
NET INCOMEI {EXPENDITURE) FOR YEAR
127,809)
(27,809)
(32,098)
TRANSFERS BETWEEN FUNDS
TOTAL FUND BALANCE BROUGHT FORWARD
275,690
275,690
307,788
TOTAL FUND BALANCES CARRIED FORWARD
247,881
247,881
275,690
The statement offinancial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limited by guarantee and not having share capital)
REGISTERED NUMBER . 02679740
BALANCE SHEET AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
129,220
139.528
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
795
726
166,057
167,578
795
16,284
140,761
157,840
CREDITORS: amounts falling
due wlthln one perlod
10
48,917
21.678
NET ASSETS
247,881
275,690
FUNDS
Unrestrlcled funds
Restricted funds
12
11
247.881
275.690
TOTAL FUNDS
247,881
275,690
For the financial year ended 31 March 2024. the company was entitled to exemption from audit under seclron 477
Companies Act 2006,. and no notice has been deposited under section 476. The directors acknowledge their
responsibilities for ensuring that the company keeps accounting records, which comply with section 386, and
preparing accounts, which give a true and falr view of the stste of affalrs ofthe company as atthe end of the year
and of its surplus or deficit for the financial year, in accordance wilh the requirements ofsection 394 and 395 and
which otherwise comply wlth the requlrements ofthe Companies Act 2006 relating to accounts, 80 lar as applicable
to Ihe company.
The accounts have been prepared in accordance wlth the sp8cI81 provlsions ofPart 15 of the Companies Act 2006
relatlng to small companies.
Approved by the Trustees on
and signed on their behalf by
Barbara Guthrie
Paul Breakwell
Trustee
Trustee
i)a_Q

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limited by guarantee and not having share capilal)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
The company changed its name by special resolutson on 8th October 2020 from Stanmore Youth Centre Limited to
The Carroll Centre
1 ACCOUNTING POLICIES
(a) Accountlng convenlon
The financial statements have been prepared in accordance with 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 2015)-
(Charities SORP 19 IFRS 102)), the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
(FRS 1021 and the Companies Act 2006.
The charity meets the definition of the public b8nefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cosl or transaction value unless otherwise stated in the relevant accounting policy note.
The accounls have been prepared on the going concem basis. The Trustees believe that there are no material
uncertainties about the charity's ability to continue. Trustees will continue to explore alternative revenue streams
and consider that the Charity has sufficient reserves to enable it to continue.
(b) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ ofthe general objectives
ofthe charity.
Designated funds are earmarked for a specific purpose by the trustees.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor.
{c) Income
All income is included in the Statement of Financial Activits'es when the charity is entiued to the income and the
amount can be quantified with reasonable accuracy. The following specific policies are applied to particular
Donations and legacies are received by way of grants, donations, legacies and gifts and is included in full in Ihe
Statement of Financial Activilies when receivable. Grants, when entillement is nol conditional on the delivery of a
specific performance by the charity. are recognised when the charity becomes uncondits'onally entitled to the granL
Investrnent income is included when receivable.
Resources are deferred when, at the end of an accounting period, they have been re￿iVed but the charity has yet
to become unconditionally entitled to them.
10

THE CARROLL CENTRE LIMITED
(Fonnerly Stanmore Youth Centre Llmited)
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1 ACCOUNTING POLICIES (continued)
(d) Expendlture
Expenditure is recognised on an accrual basis as a liability is incurred. tt Indudes any VAT paid.
Costs are apportioned In line with the Income received from thatsource during the year.
Charitsble activities eXpendI￿re comprises oflhose costs incurred by the charity in the delivery of its activities and
seniices for its beneficiaries. It includes both costs that can be allocated directly to such activltles and thos8 costs of
an indirect nature necessary to support them.
All costs are allocated between the expendilure calegories of the Statement of Financlal Activlties on a basls
designed to reflecl the use ofthe resource. Costs relating to a particular activity are allocated directly.
(e) Fixed assets
FSxed assets are capitslised for ongoing use withln the company, where the indlvldual cost oflhe a83et exceeds
Depreciation Is provided on fixed assets to spread the cosl over the 8stimated useful Ilves of the relevant assets at
the following rales.,
Motorvehicles
Furniture, fittings and equipment
Leasehold improvements
250/0 Reducing balance
250/0 Reducing balance
Straighlline over the lease term
(fj Stock
Stock is valued at Ihe lower ofcosl and net realisable value.
(g) Pensions
The charlty parbcipates in a defined contribution pension scheme. Contribuilons in respect of the company's
defined contrbution pension Scheme are ch8rged to the profit and loss account for the year in which they are
payable to the scheme. Differences beljveen contributions payable and contributions actually paid in the year are
shown as either creditors or debtors at Ihe year end.
(h) opera￿ng leases
Rentals paid under operating leases are charged to the Stslement of Financial Activits'es on a stralght line basis
over Ihe18ase term.

THE CARROLL CENTRE LIMITED
(Fomierly Stanmore Youth Centre Limited)
(Company limited by guarantee and not having share capilal)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
{1) Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12'0ther
Financial Instruments Issues, of FRS102 to all of its financial instruments.
Financial instruments are recognised when the company becomes party to the contractual provisions of the
Instrument.
Flnancial assets and liabilitles are offset, with the net amounts presented in the financial stslements, when there is
legally enforceable right to set off the recognised amounts and there is an intents'on lo settle on a net basis orto
realise the asset and settle the liability simultaneously.
The company's financial assets and liabilities consist of cash and cash equivalents, shortlerm investments, trade
debtors, trade creditors and accrued expenses. The fair value ofthese items approximates their carying valu8 due
to their short lemi value. Unless otherwise noted, the company 15 not exposed to significant interes( foreign
exchange or credit risks arising from these instruments.
2 LEGAL STATUS
The charity is a privale company limited by guarantee and has no share capital. The charitable company was
incorporal8d on 22 January 1992 in England and Wales and was registered on 7 Febwary 1992 with lh8 Charity
Commission in England and Wales (Charity number 1007973). The charity is a public benefit entity. The
registered office and place of business is Somers Close. Winchester. Hampshir8 S022 4EJ. A description ofthe
charity's operations and principal activities is stated in the trustses, report.
3 INCOME FROM CHARITABLE ACTfviTIES
Unrestrlcted Restricted
funds
funds
2024
2023
Charitable actlvities
Central fijnding
Poppins Nursery
HAF
QUBE Soft Play and café
Food panty
18,870
5,268
445
81,985
209
106,777
18,870
70,325
16.037
81,985
37,003
224,220
27,825
72,503
30,700
81.439
40,393
252,860
65,057
15,592
36,794
117,443
In 2023. £110,458 ofincome was restricted with the remaining £142,402 being unrestricted.
12

THE CARROLL CENTRE LIMITED
(Fonnerly Stanmore Youth Centre Limlted)
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (contlnued)
4 DONATIONS AND LEGACIES
2024
2023
Guy Buuer Limited
Alresford Golf Club
Christchurch PCC
Kings Worthy PCC
Miscellaneous and anonymous donations
2,000
1.700
2,325
3,000
3,000
1,000
10,856
16,856
10,443
17,468
5 GRANTS RECEIVED
2024
2023
Wlnchester Clty Council- core funding
HCC early years funding
HP4VCF
HCC HAF
HCC Food Panty
Soulhem Water grant
Wlnchester Baslcs Bank
Julla and Hans Rausing Trust
4.080
65,057
4.590
70,065
10,000
30,700
20.000
15,592
23,794
8,000
5,000
3,510
138,865
121,523
STAFF COSTS
2024
2023
Wages and salaries
Employers Nats'onal Insurance
Pension
173,358
6,817
3,929
184 104
181.848
8,333
3,088
193,269
The average number ofslaff employed during the year was 13 (2023: 10). No employee received emoluments
of£60,000 or more during Ihis year or the prior year. No trustees received any emolument orwere reimbursed
Key management p8rsonnel were paid a totsl of £101,236 during the year (paid to 4 ernploye8s)(2023
£78,842)
13

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
EXPENDITURE
Unrestrlcted Restricted
funds
fun(ts
2024
2023
Costs directly allocated to actlvlties
Direct staff costs {see note 6)
Stsff and volunteer expenses
Resources and equipment
Training and recruitment
88,935
95,169
184.104
193,269
25,732
2,101
116,768
8,578
701
34,310
2,802
221,216
41,606
7,304
242,179
104,448
Support costs allocated to actlvities
Rent. rates and water
Light and heal
Cleaning. refuse and security
rrsupport
Publications and subscriptions
Advertising
Telephone
Postage, printing, stationery and photocopying
Insurance
Depreciation
Legal fees, bank charges and interest
Accountancy support and consultsncy
Bad debts
Repairs and renewals
2,457
5,269
5,287
3,126
1,498
69
4,399
110
3,087
7.731
32
3.613
1,081
1,634
39,393
819
1,756
1,762
1,042
500
23
1,466
37
1,029
2.577
3.276
7,025
7,049
4,168
1.998
92
5,865
147
4,116
10,308
43
4,818
1,081
2,179
52,165
1,717
15.419
5,871
3,221
972
838
5,422
1,166
3.827
17,230
1.297
876
(12)
2,643
60,487
1,205
545
12,772
Governance costs
Accountancy and examination fees
667
156,828
223
117,443
890
274,271
700
303,366
Included within accountancy and examinations fees above are amounts due to the independent examiners In
relation to independent examination of£660 (2023.. £660)
14

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
8 TANGIBLE ASSETS
Leasehold
Improvements
Flxtures,
•qulpment
Total
Cost
At slart ofthe year
Additions
Disposals
At end ofyear
924,851
100
119,601
1,044,452
100
924.951
119.601
1,044,552
Depreclatlon
At beginning of the year
Charge
Oisposals
At end of perlod
Net book value
At end ofyear
At beglnning ofyear
797.117
4,965
107,807
5,443
904,924
10,408
802,082
113,250
915.332
122,869
127,734
6,351
11.794
129,220
139.528
9 DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
Olher debtors
8,075
1,952
6,257
16,284
726
726
10 CREDITORS: amounts falling due within on8 year
2024
2023
Trade credltors
PAYE and National Insurance
Accruals and deferred income
Other creditors
917
5,324
3,252
12,045
1,057
21,678
47,298
702
48,917
15

THE CARROLL CENTRE LIMITED
(Fomierly Stanmore Youth Centre Llmited)
(Company limited by guarantee and not having share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
11 RESTRICTED FUNDS
Fund$
Income Expenditure
Transfers
Funds
Poppins Nursery
Food Pantry
HAF
65,057
36,794
15,592
117,443
65,057
36,794
15.592
117,443
Poppin8 Nursery
The Nursery (2-5 years) is funded by Hampshire County Council. 3 year and 2 year old fvnding. Any surplus
arising from fijnded Nursery Activities is rlng fenced to support future activities of the Nursery.
Food Pantry
A Hampshire Council sponsered scheme to provide low cost food to families in need
12 UNRESTRICTED FUNDS
The income of the charity includes the following designated fvnds which have been set aside out of unrestricted
funds by the trustees for specific purposes:
Funds
Income Expenditure
Transfers
Funds
Deslgnated funds
Maintenance ￿SerVe
Property reserve
Charity Income reserve
Supportfund
Operats'onal reserve
Families and young children
QUBE activities
23.140
127.734
99,799
7,946
23.140
122,869
2.298
7.946
80,000
10,000
1,628
247,881
(4,865)
(97,501)
80,000
10,000
7,071
275,690
5,443
10,308
146,520
156,828
17,501
17.501
General funds
129,019
129,019
275,690
247,881
Maintenance reserve
This reserve was created to coversubstantial maintenance costs that might arise in the foreseeable futu￿.
Property reserve
The property reserve is an amount equal to Ihe net book value ofthe centre's leasehold propety. Depreciation has
been charged equally over the remaining lease term amounting to £4,865. A new lease was signed in October
2023 and will run for 25 years from then.

THE CARROLL CENTRE LIMITED
(Formerly Stanmore Youth Centre Limited)
(Company limiled by guarantee and not having share capitsl)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (continued)
Operatlonal reserve
The Operational reserve is annually reviewed by the Trustees to ensure Is covers any unforeseen events. Thls year
that requirement was considered to be al least £80,000.
Support fund
The support fund is available to support an unforeseen community needs.
Charlty Income reservo
This fund represents any accumulated unrestrcited funds over and above the required Operational Resetve above.
QUBE SOFf PLAY r¢serve
The Trustees approved the set up of a social enterprise 'QUBE Softplay, and agreed that sufficient resep4es be
made available for the purchase of Softplay and Cafe equipment £55,191 which will be depreciated over 5 years.
Depreclation costs of£9600 have been offsel agalnst thls fund.
Families and young chlldren
A donatlon received during 19120 has been sel aside to support future family activities .
13 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrlct•d Re•trictod
2024
Tangible fixed assets
Stock
Debtors
Bank and cash
Credllors
129,220
795
726
166,057
48,917
247.881
129,220
795
726
166.057
48,917
247.881
14
RELATED PARTh TRANSACTIONS
There were no related paty transactlons durfng the year.
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PENSION SCHEME
The company operates a defined contribution pension scheme on behalf ofcertaln 8mployees. The assets of
the scheme are held in an independently administered fund. The scheme came into effect on 1 November
2016. The annual pension commitrnent under this scheme is £3,088,(2023'. £2,078). There are 7 current
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LEASE COMMITMENTS
The company has a 25 year lease which was renewed for 25 years from October 2023. The annual rental is
£1.000.
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