REGISTERED COMPANY NUMBER: 03027092 (England and Wales)
REGISTERED CHARITY NUMBER.. 1045514
Trustees, Report and
Audited Financial Statements for the Year Ended 31 March 2025
for
Centre 81 Limited

Centre 81 Limited
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Trustees, Report
I to 10
Report of the Independent Auditors
11 to 14
Statement of Flnancial Activities
15
Balance Sheet
16
Cash Flow Statement
17
Notes to the Cash Flow Statement
18
Notes to the Financlal Statements
19 to 32
Detailed Statement of Financial Activitles
33 to 34

Centre 81 Lirnited
Trustees, Report
for the Year Ended 31 March 2025
The trustees who are also directors of the charify lor the purposes of the Companies Act 2006, present their report
with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the
provisions of Accounting and Reporting by Charities.. statement of Recornmended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (effective l January 20191.
Objectives and activities
Objectives and aims
The object of the charity is to promote the welfare of individuals with physical, sensory or other disabilities in any
manner which is or hereafter may be deemed by law to be charitable and, in particular, to provide and maintain a
centre for the purposes of recreation and other leisure time occupation in the interests of social welfare and with the
object of improving their quality of life.
Public benefit
The background of this report reflects on the work undertaken to secure and convert the charities home, the
challenges and risks we face and the services we offer our members and others who benefit from the work we do via
our skills and activities centre and/or our community transport service.
Centre 81 provides members with the opportunity to challenge both themselves and widely held perceptions about
disabled people. Skills and Activities Centre members participate in organi5ing and participating in a wide range of
activities both at the centre and in the wider community. Transport for many of our members 15 provided by our fleet
of eight fully accessible minibuses and three Wheelchair Accessible Vehicles, which also support traditional
community transport activities, such as takin8 people shopping, to medical and other appointrnents. Our service also
supports social and leisure opportunities lor our members and those who attend thirty different local clubs and
organisations.
At Yare House members and staff used two smaller activity areas.. games and dining areas. The larger central activities
areas were put on hold at the end of July 2022 as the conversion costs outstripped the available funds.
Centre 81 has been operating for more than forty-two years and our success stems from our ability to support
individual rnembers on a one-to-one or group basis in the wider community and at our Yare House site. Key to this
success is being able to create a community atmosphere that members, volunteers, and staff value, while ensuring
that Centre 81 maintains its duty of care. Central to this is the support members receive from their peers. This helps
those attending Centre 81 to put their disability into context while learning different ways to manage their disability
and their lives. Having access to our own Community Transport Service enables us to create opportunitie5 in the wider
commu nity, such as sailing, swimmin8, shopping, theatre and cinema trips, craft markets and garden centres, and our
popular party events throughout the year. These are services that our members, carers. and commi55ioners truly
value.

Centre 81 Lirnited
Trustees, Report
for the Year Ended 31 March 2025
Objectives and activities
Our goals
Ensure Centre 81 is sustainable.
Adopt an income strategy focussed on traded income and reducing the reliance on grants and appeals.
Ensure Yare House is fully compliant.
Optim ise the use of Yare House
Effectively manage risk.
Deliver the vision for The Hive - a state-of-the-art facility for our members and for the local community to enjoy and
benefit from.
Ensure that Yare House is fully accessible.
Increase membership of skills and activities members.
Oevelop Centre 81,5 community tra nsport service to meet the demands of the market.
Continue to support student professional placements and apprenticeships.
Support, members, staff, and volunteers to access the wide range of opportunities that are available in the wider
community.
Co-prodvction
During mid 2025 we launched the One Voice Group which is made up of our members as stakeholders to the business
and charity. The One Voice Group can invite members of staff to their meeting and have representation on the
Trustee Board. Centre 81 members are full partners in service design and delivery. Individual achievement and
aspirational plans are co-designed with each member and where appropriate with their carers and family members.
This principle of individual, bespoke and co-designed pathways reflect the diversity of background and experience of
participants. Our provision reaches some of the most marginalised people in our community, locates their
development in a practical, working environment and brings substantial benefits to individuals, their communities,
and the regional economy.
Our facilities
In June 2021 we purchased Yare House, a large commercial building consisting of a three-story brick office block,
warehouse, workshop, and ancillary rooms set in 1.20 acres. Our planning approval enables us to have extended
opening hours and to operate weekends a nd evenings the object is to future proof service delivery.
Conversion of Yare House has been designed to offer 1,775.6 sqm of fully accessible ground floor accommodation
with specialist facilities to promote independence and inclusion. The principle behind the conversion was to create a
fully accessible space and facilities for Centre 81 members 700A of whom are wheelchair dependent - and for the
facilitie5 to support a wide range of groups, includinB local clubs and organisations. The office block provides us with
up to372 sqm ofgood quality accommodation.
The conversion is a three-phase plan. Phase l a nd 3 have been achieved.
Phase l. Conversion of the outer 'U' shape wrap around area providing us with key facilities that our members and
staff required including main kitchen, members, kitchens, toilets, qulte room, pampering areas including 2 wet rooms,
bathroom, and laund ry. 3 activity areas, 2 offices and the reception.
Phase 2. The central activity area which will become the main hub of the skills and activities centre, providing
mernbers with an open activity space permitting autonomy Df movement and choice and with a refreshed focus on
the development of independent living skills alongside the recreation and leisure activities we have always
traditionally provided.
Phase 3. The external site will provide seating, a 88Q are3 Wlth raised beds and marked car and bus parking spaces.
Perimeter hedging will be extended to reduce road noise, increase privacy for our members and create a green oasis
in an industrial estate.

Centre 81 Lirnited
Trustees, Report
for the Year Ended 31 March 2025
Strategic report
Achievements and performance
Ski115 and Activities Centre
During the year, the Skills and Activities Centre experienced a reduction in membership levels. From March 2025 we
have experienced an overall increase of 19.42% in the number of sessions delivered. We have seen a 40Yo increase in
the number of private sessions commissioned by individuals and their families d irectly with Centre 81. Overall, the
complexity of needs we are meeting to support members has increased with a 20Yo increase in members funded bv
Commu nity Health Care and a 22Yo increase in those funded by Adult Social Care.
Community Transport Service
Centre 81 is fortunate in having its own Community Transport Service. This supports..
Skills a nd Activities Centre members. Without access to our 'symbiotic' fully accessible Community Transport Service,
they would not be able to enjoy such a wide range of activities across the borough and beyond.
This service has seen a 26/0 increase in demand starting to build in January 2025.
To manage costs, we have taken our older minibuses off the road and replaced these with wheelchair accessible
vehicles and 2 minibuses on lease arrangements. Lease arrangements help us control the financial risk that an ageing
fleet was creating and is working well for Centre 81.
Our Community Transport Service members who use our buses for a wide range of reasons, including getting to
medical appointments, supermarkets or local shops, hairdressers and Norfolk and Suffolk tourist attractions. One of
the most successful trips is an outinB on the Waveney Stardust a Broads cruiser with a picnic or pub lunch.
Great Yarmauth residents who enjoy the valuable support of local clubs and societies that operate within the
borough.
Personnel, volunteer, and local support
The Board of Trustees wishes to record it5 thanks and appreciation to Centre 81's staff, volunteers and members, and
they are grateful too for the high level of support the charity receives from other individuals, businesses, and
organisations throughout the year.
Centre 81's staffing structure is flat with minimal management and support Staff. Our priority is to ensure that staff
resources are deployed lo support our rnembers in Skills and Activities and Community Transport. We employ:
51 staff
26.75 FTE
154 2023 2024 32.42 FTEI
The split of staff by area is:
Executive team 4 -3.75 FTE staff 14 FTE 2023 - 20241
Facilitation
21- 12.5 FTE
113.68 FTE 2023 - 20241
Drivers
17- 5.5 FTE
19.4 FTE 2023 20241
Catering
2-2FTE
12 FTE- 2023- 20241
Support
7- 3.5FTE
13.34 FTE 2023 20241
Further support is given to Centre 81 by 6 volunteer5 throughout the centre and 9 trustees.
Volunteers are involved in all aspects of service delivery. When volunteers start, they are encouraged to think about
what they would like to achieve at Centre 81 and what they can offer, a personal development plan is developed from
this. We have moved more to SUPPOrting volunteers to move closer to work in the recent past and this is an important
part of our function.
Volunteer5 are encouraged to gain agreed qualifications in line with their Individual Achievement and Volunteering
plan.

Centre 81 Limited
Trustees, Report
for the Year Ended 31 March 2025
Strategic report
Financlal review
Personal, volunteer, and local support
As our volunteers, confidence and abilities develop, they are encouraged to try out different roles and gain wider
experience. The success of this approach is proven a5 severa I volunteers have secured paid employment within Centre
81 or volunteering opportunitie5 Wlth other organisations.
Fixed assets
Our fixed assets at the end of March 2025 are:
Yare House, freehold purchased outright and all fixtures and fittings. At the time of writing, a Chartered Surveyor
has been commissioned to value Yare House for insurance purposes.
Converted shipping container for office andlor storage.
8 fully accessible minibuses and their allocation of Safety equipment.
2 mobil ity cars.
Financial position
The results of Centre 81 activities over the year are set out in detail on the following pages and we show an profit of
£102,874. In January 2025 we implemented a new income strategy focused on shifting to traded income and away
from a reliance on appeals and fundraising from charitable trusts.
We saw a decline in demand and an increase in throughput in Autumn 2024 as well as the pressures relating to an
ageing fleet resulting in a challenging cash flow situation by the end of the 2024 calendar year. We refreshed our
marketing and promotional materials and started to see an upturn in referrals by the end of the financial year.
The cashflow situation for most of 2024125 meant that no repayments had been made to Norfolk County Council for
the commercial mortgage agreed in 2022 and meeting our liabilities in this regard is a key focus for the coming
financial year 202S-26.
The uplift for the public sector works was 5.90A announced in March 2025. The Local Authority as the main customer
of Centre 81 services has proposed, for the fourth year running a below inflation uplift offer leaving providers across
the whole sector, to fill the gap.
To deal with this increasingly difficult financial posltion, the Centre 81 Trustee5 took the decision to place the office
block on the market in January 2025. The office block was valued at £1,000,000 and its sale would give the Charity a
way lo meet the liabilities of the commercial loan agreed in 2022 and to deliver the vision of the new skills and
activities centre long promised to Centre 81 members and staff.
Financial review
Work u ndertaken on understanding our full-cost recovery position ha5 produced for the trustees and executive a clear
picture of income and expenditure. The trustees recognise the importance of maintaining careful management of our
finances and that they must deliver recurring and increased surpluses to boost the charity's reserves.
Yare House pu rchased by Centre 81 for £425k, was ideal, but it needed a great deal of work. Phase One is finished, but
to make the most of the enormous amount of space we have available - and the enormous potential of Centre 81 we
musl complete Phase Two.
Funding Bpplications have been subm itted to..
Geoff rey Watling Charity £25k. Committed
National Lottery Reaching Communitie5 £IOOk. Committed
National Lottery Reaching Communities £50k revenue fu nding. Cornmitted
Cornmun ity Ownership Fund £300k - Unsuccessful.

Centre 81 Limited
Trustees. Report
for the Year Ended 31 March 2025
Strategic report
Future financial planning and sustainabilitv
Our ambition is to improve the charity's resilience by achieving year-end positive figures and three months reserves.
Shift to traded income for all revenue (corel costs.
Maximise utilisation.
Raising funds to conduct Phase Two conversion work.
lrnplement our marketing strategy.
Increase membership and levels of income.
Attract ind ividual and corporate sponsorship.
Utilise the volume of office accommodation by renting this to charities and not for profit organisations.
Maximize our performance as a landlord.
Develop three-month reserves.
We already have three tenants in our office building and active conversations with a local charity over some of the
vacant space..
l. East Coast Community Health lan NHS CICI occupies the whole of the first floor under a 5-year lease.1212 square
metresl
2. Norse Waste Solutions occupy rooms on the second floor190 square rnetresl
3. Grapevine Talking Newspaper occupies rooms on the second floor128 square metresl
4. Centre 81 occupies 1329 square metres.
5. Active conversations with the local charity for 107 square metres
The central warehouse, which will become Centre 81 new Skills and Activities Centre, remains a void space and
measures 825 square metres.
To meet its ful I potential in supporting the community, and in reaching a position of financial security, Centre 81 must
complete the second phase of the redevelopment of Yare House. With the support of key funders, the executive and
trustees are confident that the charity will continue to provide essential services for d isabled people and their families
we11 into the future.
Yare House investment
Phase I ha5 been completed this year, it has been a difficult process to ensu re the building is fully complaint and to
pick up the elements of the works left unfinished when funding ran out. Planning permission is completed. Charity 81
was successful in a significant energy efficiency grant of £136,060. This has seen 96 high specification solar panels
installed on the roof, LED lighting in The Hive, reproofing of the window seals and draft proofing of external doors.
£10,600 of the grant was not awarded as it could only be spent on work5 identified by the external and independent
energy a55essor. The LED lighting needed a suspended ceiling to be fitted into and thanks to the National Lottery we
managed to open the £IOO,000 grant and spent £17,000 of this on a ceiling. The solar panels, inverters, and batteries
were switched on 14th February and the charity has seen large savings in energy costs since that date.
Phase 2 of the Yare House conversion relates to the delivery of the vision for The Hive. With £83,000 committed
capital costs and £50,000 revenue costs from the National Lottery Reaching Communities Fund, the focu5 is on the
find the match funding and the remainder of the shortfall, in total £120,680.30. There are active conversations
ongoing with prospective capital funders.
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that Centre 81 has adequate
resou rces to continue its operational existence for the foreseeable future. For this reason, we continue to adopt the
going concern basis in preparing the financial statements.

Centre 81 Lirnited
Trustees, Report
for the Year Ended 31 March 2025
Strategic report
Futuie plans- finance
We recognise the need to maintain a high level of financial scrutiny, to continue to improve our financial position and
ou r level of free reserves.
We will continue to seek to attract grants from charitable trusts and foundations for both revenue and capital
expenditure.
Community Transport Service
Replace the unsupported logistic and journey planning software.
Continue to improve on efficiency levels regarding number of passengers per journey while maintainin8 ovr health
and safety maximum level of two wheelchair5 per journey.
Reach out to residents living in the Borough of Great Yarmouth who are lonely, isolated and do not feel part of their
local community.
Develop closer relationships with local clubs and societies, providing transport to their members and increasing the
viability of their organisations.
Promote our service to those who are denied volunteering opportunities due to lack of transport.
Investigate how we can form close working relationships with IPUH discharge coord inators to facilitate more timely
discharges and reduce waiting tirnes for transport to get someone home after outpatient or inpatient treatment.
Structure, Governance and management
Governing document
The company registered with the Charity Commission 10455 14 on the 01 April 1995.
The company is registered as a company limited by guarantee Icharily no 030270921 and was set up by a
MemDrandum of AsSOCl3tion on 28 February 1995, as amended 26 March 1997 and subsequently amended by special
resolution{sl dated 23 April 2014, 16 july 2014, and 9 December 201S.
Recruitment and appolntment of new trustees
The Board of Trustees has absolute discretion to appoint and remove trustees but may delegate this or any of their
powers lo a committee consisting of one or more trustee5 and such other persons not being trustees co-opted onto
such a committee as the trustee5 think fit.
The Board of Trustees when complete conslsts of at least nine and no more than fifteen person5, being individuals
over the age of 18, all of whom must 5UPPOrt the objects. The charity airns to have enough trustees with sufficient
relevant expertise and knowledge to ensure the probity, financial security, and success appropriate to the aims of
Centre 81 Limited.
Chief Executive
Diana Staines M BE left the organisation in December 2024 and Alison Holmes joined Centre 81 as Chief Executive on
4th November, 2024. Alison comes from the regulated care sector where she worked as Director level for 12 years.
Organisational structure
The trustees are directors within the meaning of the Companie5 Act 2006. The trustees at the date of this report are
listed in the ' Reference and Administrative Details, section of this document. The day-to-day running of Centre 81 has
been delegated by the trustees to the chief executive.
The trustees meet 10 times a year on the third Wednesday of each month. The charity has set up a project working
group to oversee the conversion of our new premises and comprises three trustees and the chief executive. They call
on the expertise of their building and construction advisor, quantity surveyor and our appointed architects. This group
meets monthly and more frequently as the project demands.

Centre 81 Limited
Trustees. Report
for the Year Ended 31 March 2025
Strategic report
Organisational operation structure:
Centre 81 has a flat management structure which works well. It is recognised that the structure would need to be
developed to cope with an increase in size, membership and service diversification including the continued effective
support of Staff and volunteers.
Induction and training of new trustees
Potential trustees are invited to visit Ceritre 81, meet members and staff and discuss their potential role with the chief
executive. They attend a trustee's board meeting as an observer. If both Centre 81 and the potential trustees consider
that they a re a good fit, the next Stage is to undertake various checks to establish their fitness to function as a trustee.
This includes DBS and Company House verification.
Risk management
The trustees acknowledge the Charity Commission's recommendation for them to undertake a review of the major
risks to wh ich the trust is exposed. This register is maintained by the chief executive and key risk5 and exceptions are
reported to the trustees at their monthly board meetings.
Centre 81 has the required employer and professional indemnity insurance in place to mitigate any risk to the
organisation. It also has a specific policy to cover trustees and professional liability as well as a comprehensive vehicle
motor policy for the Community Transport Service.
Structure, governance and management
Governing document
The charity is controlled by its governing docvment, a deed of trust, and constitutes a limited company, limited bv
guarantee, as defined by the Companies Act 2006.
The company registered with the Charity Commission 1045514 on the 01 April 1995
The company is registered as a company limited by guarantee (charity no 030270921 and was set up by a
Memorandum of Association on 28 February 1995, as amended 26 March 1997 and subsequently amended by special
resolutionlsl dated 23 April 2014, 16 July 2014 and 9 December 2015.
Recruitment and appointment of new trustees
The Board of Trustees has ab501ute discretion to appoint and remove trustees but may delegate this or any of their
powers to a committee consisting of one or more trustees and such other persons not being trustees co-opted onto
such a committee as the trustees think fit.
The Board of Trustees when complete consists of at least nine and no more than fifteen persons, being individuals
over the age of 18, all of whom rnust support the objects. The charity aims to have enough trustees with sufficient
relevant expertise and knowledge to ensure the probity, financial security and success appropriate to the airn5 of
Centre 81 Lim ited.
Structure, Governance and management
Organisational structure
The tru stees are directors within the meaning of the Companies Act 2006. The trustees at the date of this report are
listed in the 'Reference and Administrative Details, section of this document. The day-to-day running of Centre 81 has
been delegated by the trustees to the chief executive.
The trustees meet 12 times a year on the third Wednesday of each month. The charity has set up a project working
group to oversee the conversion of our new premises and comprises three trustees and the chief executive. They call
on the expertise of their building and construction advisor, quantity surveyor and our appointed architects. This group
meets rnonthly and more freq uently as the project demands.

Centre 81 Lirnited
Trustees. Report
for the Year Ended 31 March 2025
Structure, governance and management
Organisational structure
Centre 81 has a flat management structure which works well. It 15 recognised that the structure would need to be
developed to cope with an increase in size, membership and Service diversification including the continued effective
support of staff and volunteers.
Induction and training of new trustees
Potential trustees are invited to visit Centre 81, meet members and staff and disCUSS their potential role with the chief
executive. They attend a trustees board meeting as an observer. If both Centre 81 and the potential trustees consider
that they are a good f it, the next stage is to undertake various checks to esloblish their fitness to act as a trustee. This
includes DBS and Company House verification.
Risk management
The trustees acknowledge the Charity Commission's recommendation for them to undertake a review of the major
risks to which the trust 15 exposed. This register is maintained by the chief executive and exceptions are reported to
the trustees at their monthly board meetings.
Centre 81 ha5 the required employer and professional indemnity insurance in place to mitigate any risk to the
organisation. It also has a specific policy to cover trustees and professional liability as well as a comprehensive vehicle
motor policy for the Community Tra nsport Service.
Reference and administrative details
Registered Company number
03027092 IEn8land and Walesl
Registered Charlty number
1045514
Registered office
Yare House
Morton Peto Road
Great Yarmouth
Norfol k
NR31 OLT
Trustees
Mr S C Scott I resi8ned 717120251
Mr K R lermyn
Mrl Burton (resigned 314120251
Mr I Solomon
MrlPWood
Dr S D Peacock
Mr R Caley (appointed 314120251
Mrs J L Jones lappointed 21/9120241
Mrs C L McQueen (appointed 15110120241

Centre 81 Limited
Trustees. Report
for the Year Ended 31 March 2025
Reference and administrative details
Auditors
Stephenson Smart (East Anglial Limited
Statutory Auditor
East Coast House
Galahad Road
Gorleston
Great Yarmouth
Norfolk
NR317RU
Statement of trustees. responsibilities
The trustees (who are also the directors of Centre 81 Li mited for the purposes of company lawl are responsible for
preparing the Trustee5' Report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice) including Financial Reportin8
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the
trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable lawl.
Under company law the trustee5 must not approve the financial statements unless they are satisfied that they give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and application of
re50urce5, including the income and expenditure, of the charitable company for that period. In preparing those
financial stalernents, the trustees are required to
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP,.
rnake judgements and estimates that are reasonable and prudent,.
slate whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial statements.,
prepare the financial statements on the going concern basi5 unless it 15 inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any
time the financial position of the charitable company and to enable them to ensure that the financial statements
comply with the Companie5 Act 2006. They are also responsible for safeguarding the assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so farasthe trustees are aware..
there is no relevant audit information of which the charitable company's auditors are unaware,. and
the trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit
information and to establish that the auditors are aware of that information.
Auditors
The auditors. Stephenson Smart (East Anglial Limited, will be proposed for re-appointment at the forthcoming
Annual General Meeting.

Centre 81 Limited
Trustees, Report
for the Year Ended 31 March 2025
Trustees, report, incorporating a strategic report, approved by order of the board of trustees, as the company
directors, on 17 December 2025 and signed on the board's behalf by..
DR S D Peacock - Trustee
10

Report of the Independent Auditors to the Mernbers of
Centre 81 Limited
Opinion
We have audited the financial statements of Centre 81 Limited Ithe 'charitable company'l for the year ended 31
March 2025 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement, Notes to the
Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies, and
Detailed Statements of Financial Activities. The financial reporting framework that has been applied in their
preparation is applicable law and U nited Kingdom Accounting Standards, including Financial Reporting Standard 102
The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the State of the charitable company's affairs as at 31 March 2025 and of its incomin8
resources and application of resources, including its income and expenditure, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,
including Financial Reporting Standard 102 'The Financial Reporting Standa rd applicable in the UK and Republic of
Ireland,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing l UK) IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditor5, responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the
ethical req uirernents that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requ irements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditin8 the financial statement, we have concluded that the trustees, use of going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have performed we have identified material uncertainties relating to events or conditions that,
individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going
concern for a period of at least twelve months from when the financial statement are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
The balance sheet is showing net current liabilities totalling £54,959 with £51,913 for the year ended 31 March 2024.
Long term liabilities includes a loan from an external loan facility which we have been unable to agree with the loan
provider although supporting evidence we have gathered has not indicated misstatement.
Material uncertainty related to going concern
We draw attention to note l in the financial statements, which indicates that the charity had net current liabilities at
the year end and is reliant on the continued support of an external loan facility to meet its obligations a5 they fall due.
As stated in note I, these conditions indicate that a material uncertainly exists that may cast significant doubt on the
charity's ability to continue as a going concern. Our opiniDn is not modified in respect of this matter.
11

Report of the Independent Auditors to the Members of
Centre 81 Lirnited
Other information
The tru51ees are responsible for the other information. The other information comprises the information included in
the Annual Report, other than the financial statements and our Report of the Independent Auditor5 thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a
material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude
that there is a rnaterial misstatement of this other information, we are required lo report that fact. We have nothing
to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the financial statements are prepared
is consistent with the financial statements; and
the Trustees, Report has been prepared in accordance with applicable legal requirements.
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the a udit, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to
vou if, in ouropinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not visited by us,. or
the financial statements a re not in agreement with the accounting records and returns; or
certain disclosu res of trustee5' remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern
basis of accou nting u nless the trustees either intend to liquidate the charitable company or to cease operations, or
have no realistic alternative but to do so.
12

Report of the Independent Auditors to the Members of
Centre 81 Lirnited
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the f inancial statements as a whole are free from
materia I misstaternent, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes
our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Mi55tatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financi31 staternents.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below..
We considered, based on our knowledge of the trading environment and structure of the company, areas in which the
threat of material misstatement exists concerning irregularity. Irregularities, including fraud, were considered at
length throughout our audit fieldwork and a5 part of our communications both with the chief executive, trustees and
within the auditteam.
We have reviewed the company's policies in adhering to laws and regulations, health and safety, and GDPR, and have
identified where non-compliance could materially affect the financial statements, and the extent to which
irregularities could impact the financial statements vary considerably throughout.
The company is subject to regulation that directly affect5 the financial statement5, in areas such as company laws,
which has been assessed d uring the course of the audit when auditing the related financial items.
The company is also subject to regulations that, in instances of non-compliance, would have a material impact on
balances or disclosures within the financial statements, such as fines, penalties, claims and interest.
The limited procedures required to be undertaken as contained within the auditin8 standards did not identify any
areas of non-compliance.
Owing to inherent limitations of an audit, there is an unavoidable risk that we may not have detected all material
misstatements within the financial statements. We are not responsible for preventing non-compliance and cannot be
expected to detect non-compliance with 311 laws and regulations.
A further description of our responsibilitie5 for the audit of the financial statements is located on the Financial
Reporti ng Cou ncil's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of
the Independent Auditors.
Other matters
Comparative information in the financial statements is derived from the charitable company's prior period financial
statements, which were not audited but independently examined, based on the tu rnover not exceeding the charitable
company turnover audit threshold of £1,000,000. Substantive testing has been carried out around opening balances
to ensu re no material rnissratement brought forward.
Tangible assets are valued at £1,708,236 in the accounts and from our testing of asset existence we tested a sample of
£1,358.465. Tangible assets are largely made up of land and buildings, which is valued at the original cost plus
associated costs.
13

Report of the Independent Auditors to the Members of
Centre 81 Lirnited
Use of our report
This report 15 made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Compa nies Act 2006. Ou r audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditors, report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable
cornpany and the charitable company's members as a body, for our audit work, for this report, or for the opinions we
have formed.
Henry Pettitt FCA CTA1Senior Statutory Auditor)
for and on behalf of Stephenson Smart (East Anglial Limited
statutory Auditor
East Coast House
Galahad Road
Gorleston
Great Yarmouth
Norfolk
NR317RU
17 December 2025
14

Centre 81 Lirnited
Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
Income and endowments from
Donations and legacies
84,522
218,892
303,414
130,086
Charitable activities
General charitable activities
795,715
795,715
753,113
Other trad ing activities
Other income
58
60,350
58
60,350
14,901
Total
940,645
218,892
1,159,537
898,100
Expenditure on
Raising funds
15,165
15,165
9,795
Charitable activities
Skills and activities
Catering
Community transport
Governance costs
596,118
54,117
297,931
39,085
15,447
611,565
54,117
336,731
39,085
532,028
49,667
304,347
35,113
38,800
Total
1,002,416
54,247
1,056,663
930,950
NET INCOMEIIEXPENDITUREI
Transfers between funds
Other reco8nised gainslllossesl
Gain5 on revaluation of fixed assets
161,7711
145,201
164,645
1145,2011
102,874
132,850)
21
298,506
298,506
Net movement in funds
381,936
19,444
401,380
132,8501
Reconciliation of funds
Total lu nds brought forward
1,481,354
10,686
1,492,040
1,524,890
Total funds carried forward
1,863,290
30,130
1,893,420
1,492,040
The notes form part of these financial statements
15

Centre 81 Lirnited
Balance Sheet
31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
Fixed assets
Intangible assets
Tangible assets
Investment property
13
14
15
1,024
1,708,239
542,450
1,024
1,708,239
542,450
1,847,287
2,251,713
2,251,713
1,847,287
Current assets
Debtors
Cash at bank
16
48,670
75,851
48,670
105,981
91,431
12,597
30,130
124,521
30,130
154,651
104,028
Creditors
Amounts fallin8 due within one year
17
1209,6101
1209,6101
1155,9411
Net current Iliabllitiesllassets
185,0891
30,130
154,9591
151,9131
Total a55ets less current liabilities
2,166,624
30,130
2,196,754
1,795,374
Creditors
Arnounts falling due after more than one year
18
1303,3341
1303,3341
1303,3341
NET ASSETS
1,863,290
30,130
1,893,420
1,492,040
Funds
Unrestricted f unds
Restricted funds
21
1,863,290
30,130
1,481,354
10,686
Total f unds
1,893,420
1,492,040
The financial statements were approved by the Board of Trustee5 and authorised for issue on 17 December 2025 and
were signed on its behalf by:
DR S D Peacock- Trustee
The notes form part of these financial statements
16

Centre 81 Limited
Cash Flow Statement
for the Year Ended 31 March 2025
2025
2024
Notes
Cash flows from operating activities
Cash generated from operations
222.399
19,7971
Net cash provided by/lused inl operating activities
222,399
19,7971
Cash flows from investing activities
Purchase of intangible fixed asset5
Purchase of tangible fixed assets
Sale of intangible fixed assets
Sale of tan8ible fixed assets
11,5001
1167,1151
14,1901
280
39,600
Net cash used in investing activities
1129,0151
13,9101
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reportin8 perlod
93,384
113,7071
12,597
26,304
Cash and cash equivalents at the end of
the reporting period
105,981
12,597
The notes form part of these financial statements
17

Centre 81 Limited
Notes to the Cash Flow Statement
for the Year Ended 31 March 2025
Reconciliation of net incomellexpenditurel to net cash f low from operating activities
2025
2024
Net income/lexpenditurel for the reporting period las per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss/lprofitl on disposal of fixed assets
Decrease/lincreasel in debtors
Increase in creditors
102,874
132,8501
9,763
13,333
42,761
53,668
22,028
12801
119,1951
20,500
Net cash provided byllused in) operations
222,399
19,7971
Analysis of changes in net debt
At 1.4.24
Cash flow
At 31.3.25
Net cash
Cash at bank
12,597
93,384
105,981
12,597
93,384
105,981
Debt
Debts falling due within I year
Debts falling due after l year
121,6671
1303,3341
121,6671
1303,3341
1325,0011
1325,0011
Total
1312,4041
93,384
1219,0201
The notes form part of these financial statements
18

Centre 81 Limited
Notes to the Financial Statements
for the Year Ended 31 March 2025
Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102. have been
prepared in accordance with the Charities SORP IFRS 1021 '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 IFRS 1021 (effective l January 20191,, Financial
Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statement5 have been prepared u nder the historical cost convention, as
modified by the revaluation of certain assets.
Income
All income is 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 lo 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. Donations and grants that are provided with restrictions
attached are accounted for as restricted income and presented separately. Donations or grants without
restrictions or provided for general operations of Centre 81 are considered as unrestricted.
Income from contracts for the supply of services is recogni5ed 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.
Income from catering is recognised once the charity has entitlement to the income, it is probable that income
wil I be received and the amount of income received can be measured reliably. Typically, on the provision of
catering services provided to members on the day of receipt.
Income f rom skills and activities is recognised once the charity has entitlement to the income, it is probable
that income will be received and the amount of income received can be measured reliably.
Rental income is recognised upon invoice to the customer, it is probable that income will be received and the
amount of income received can be measured reliably. Rental income is recorded on an accruals basis for the
period it Is let.
Expenditure
Liabilities are recognised as expenditure as soon a5 there is a legal or constructive obligation committing the
charity to that expenditure, It is probable that a transfer of economic benefits will be required in settlement
and the amou nt of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and ha5 been classified under headings that aggregate all costs related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basi5 con51Stent with the
use of resources.
Expenditure is categori5ed as restricted if it meets the criteria of one or more restrictions from a restricted
donation or grant.
19

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
Accounting policies - continued
Website
Website costs are initially recorded at cost, subsequently stated at cost less any accumulated amortisation.
Amortisation is calculated 50 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:_
Website
5 years
Tangible fixed assets
Tan8ible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated
éepreciation 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
impairrnent losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of
the same asset previously recognised in profit or loss. A decrease in the ca rrying amount of a n asset as a result
of revaluation, is recogni5ed in other comprehensive income to the extent of any previously recognised
revaluation increase accumu lated in equity in respect of that asset. Where a revaluation decrease exceeds the
accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in
profit or loss.
Depreciation is calculated so a5 to write off the cost or valuation ol an asset, less its residual value, over the
useful economic life of that asset as follows..
Fixtures and fittings
Motor vehicles
-3-15 years straight line
2-10 years
Freehold property and land are not depreciated.
Investment property
Investment property Is shown at fair valve. Any aggregates surplus or deficit arising from changes in fair
value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fu nd accounting
Unrestricted f unds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when fu nd5 are raised for particular restricted purposes.
Designated fund5 are unrestricted funds earrnarked by the trustees for a particular future project or
commitment.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable cornpany's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
20

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
Accounting policies - continued
Cash and cash equivalents
Cash and cash equivalents in the accounts comprises of cash at bank and in hand as at the balance sheet date.
Going concern
The financial statements have been prepared on the going concern basis.
In assessing whether the charity is able to continue as a going concern, the trustees have considered the
cha rity's financial position, including its level of net current liabilities of £54,959 12024 '.1£51,9131, cashflow
forecasts for a period of at least twelve months from the date of approval of theses financial statement5, and
anticipated income and expenditure.
The trustees have also considered the charity's reliance on an external loan facility to support its on80ing
operations.
The loan is repayable in accordance with renegotiated agreed terms, and the trustees have
reviewed the charity's ability to comply with these terms and to meet its obligations as they fall due.
The trustees acknowledge that the charity's ability to continue as a going concern is dependent on maintaining
access to the external loan facility. While this represents a material uncertainty, the trustees believe the
cha rity will be able to meet its obligations as they fall due.
In making this assessment, the trustees have taken into account the availability of unrestricted funds, the
limited level of reserves held, and the charity's plans for managing its financial resources, iricludin8 Cost
controls and income generation.
Based on this review, and having regard to the charitV'5 net current liabilities positior) and continued access to
external financing, the trustees have a reasonable expectation that the charity has adequate resources to
continue in operational existence for the foreseeable future. Accordingly, the trustees continue to adopt the
going concern basis in preparing the financial statements.
Crltical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that effect the amounts reported. These estimates and judgements are continually reviewed
and are based on experience and other factors, including expectation of f uture events that are believed to be
reasonable under the circumstances.
Key estimations and judgements are utilised for the following:_
Amort15ation - management asses5 the usefu l economic life of the website in order to calculate an appropriate
amortisation rate.
Management assessment is based ori their understa nding of typical useful economic life
of websites and when they anticipate to incur additional expense to replace or update the website.
Depreciation depreciation is reviewed by management using the useful economic life of assets stated within
the financial statements and comparative sources of information to a55ess the carrying value stated at the
balance sheet date.
Investment properties valuation of investment property has been calculated by management and based upon
the square footage of the premises which has been rented out.
21

Centre 81 Lirnited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
Donations and legacies
2025
2024
Donations
Grants
35,392
268,022
19,164
110,922
303,414
130,086
Grants received, included in the above are as follows..
2025
2024
National Lottery
Groundworks
Other grants
49,509
118,796
110 919
110,919
268 023
Other trading activities
2025
2024
Fundra ising events
58
Income from charitable activities
2025
2024
Artivity
General charitable activities
General charitable activities
General charitable activitie5
General charitable activities
Community transport
Skil Is and activities income
Caterin8
Tea bar
150,785
613,423
22,908
8,999
145,156
577,808
21,459
8,690
795,715
753,113
22

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
Raising funds
Raising donations and legacies
2025
2024
Funéraising expenditure
15,165
9,795
Charitable activities costs
Support
costs (see
note 81
Direct
Costs
Totals
Skills and activitie5
Catering
Community transport
Governance costs
611.565
54, 117
336,731
27,735
611,565
54,117
336,731
39,085
11,350
1,030,148
11,350
1,041,498
Support costs
Governance
costs
Governance costs
11,350
Net incomellexpenditurel
Net incomellexpenditurel 15 Stated after charging/lcreditingl:
2025
2024
Auditors, remuneration
Independent examination
Depreciation - owned assets
IDeficitl/surplus on disposal of fixed assets
Website amortisation
9,000
7,355
22,028
12801
9,286
13,333
476
23

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
io.
Trustees, remuneration and benefits
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
Trustees. expenses
Trustees received £nil12024 .. £nill for expenses incurred during the year.
Key Management
Key management personnel during the year consisted of Chief Executive, Skills and Activities manager, Finance
Off icer and a Community manager establishing a balanced executive team.
The total employment benefits lincludin8 employer pension contributions) for key rnanagement personal were
£171,214 12024 .. £159,974).
ii.
Staff costs
2025
2024
Wages and salaries
Social security costs
other pension costs
715,747
37,521
17,827
652,607
30,358
15,566
771,095
698,531
The average monthly number of employees during the year was as follows..
2025
2024
Catering
Community transport
Management
Skills & activities
5uppDrt
17
19
21
23
50
54
No employees received eTnoluments in excess of £60,000.
24

Centre 81 Limited
Notes to the Financial Staternents - continued
for the Year Ended 31 March 2025
12.
Comparatives for the statement of financial activities
Unrestricted
funds
Restricted
funds
Total
funds
Income and endowments from
Donations and legacies
85,296
44,790
130,086
Charitable activities
General charitable activities
753,113
753,113
Other income
14,901
14,901
Total
853,3 10
44,790
898,100
Expenditure on
Raisin8 funds
9,795
9,795
Charltable activities
Skills and activities
Catering
Community transport
Governance costs
526,948
49,667
266,376
35,113
5,083
530,028
49,667
304,347
35,113
37,971
Total
887,896
43,054
930,950
NET INCOME/IEXPENDITUREI
Transfers between funds
134,5861
28,986
1,736
128,9861
132,8501
Net movement In funds
15,6001
127,2501
132,8501
Reconciliation of funds
Total funds brought forward
1,486,954
37,936
1,524.890
Total f unds carried forward
1,481,354
10,686
1,492,040
25

Centre 81 Limited
Note5 to the Financial Statements - continued
for the Year Ended 31 March 2025
13.
Intangible fixed asset5
Website
Cost
Add itions
1,500
Amortisation
Charge for year
476
Net book value
At 31 March 2025
1,024
At 31 March 2024
14.
Tan8ible flxed assets
Fixture5
and
fittings
Freehold
property
Motor
vehicles
Totals
Cost
Al l April 2024
Additions
Disp05als
Reclassification
1,759,805
155,529
75,866
2,879
173,254
8,707
198,0111
2,008,925
167,115
198,0111
1243,9441
1243,9441
At 31 March 2025
1,671,390
78,745
83,950
1,834,085
Depreciation
At l April 2024
Cha rge for year
Cha rge written back
45,483
7,245
116, 155
2,041
145,0781
161,638
9,286
145,0781
At 31 March 2025
52,728
73,118
125,846
Net book value
At 31 March 2025
1,671,390
26,017
10,832
1,708,239
At 31 March 2024
1,759,805
30,383
57,099
1,847,287
26

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15.
Investment property
Fair value
Revaluation
Reclassification
298,506
243,944
At 31 March 2025
542,450
Net book value
At 31 March 2025
542,450
At 31 March 2024
Fair value at 31 March 2025 is represented by-.
Valuation in 2025
542,450
16.
Debtors: amounts falling due within one year
2025
2024
Trade debtors
Other debtors
VAT
Prepayments
14,725
130
1,270
32,545
60,801
2,393
28,237
48,670
91,431
17.
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts (see note 191
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
21,667
27,157
11,167
41,004
108,615
21,667
38,634
16,050
23,562
56,028
209,610
155,941
Loa ns are secured by a sundry charge over the freehold property.
27

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
18.
Creditors: amounts falling due after more than one year
2025
2024
Bank loans15ee note 191
303,334
303,334
Loa ns are secured by a sundry charge over the freehold property.
19.
Loans
An analysis of the maturity of loans is given below..
2025
2024
Amounts falling due within one year on demand..
Loa ns
21,667
21,667
Amounts falling due between two and five years..
Loa ns
86,667
86,667
Amounts falling due in more than five years..
Repaya ble by instalments:
Loan5
216,667
216,667
20.
Leasing agreements
Minimum lease payments u nder non-cancellable operating leases fall due as follow5.'
2025
2024
Within one year
Between one and five years
17,793
31,487
2,516
49,280
2,516
28

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
21.
Movement in funds
Net
Transfers
between
funds
movement
infunds
At 1.4.24
At 31.3.25
Unrestricted funds
General fund
1,481,354
236,735
145,201
1,863,290
Restricted funds
New Centre 81
Skills a nd activities
Community transport
132,935
12,943
18,767
1132,9351
112,2661
10,686
11,363
18,767
10,686
164,645
1145,2011
30,130
TOTAL FUNDS
1,492,040
401,380
1,893,420
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fund5
Unrestricted funds
General fund
940,645
11,002,4161
298,506
236,735
Restricted fund5
New Centre 81
Skills and activities
Community transport
135,805
25,520
57,567
12,8701
112,5771
138,8001
132,935
12,943
18,767
218,892
154,2471
164,645
TOTAL FUNDS
1,159,537
11,056,663)
298,506
401,380
29

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
21.
Movement in fund5- continued
Comparatives for movement in funds
Net
movement
infunds
Transfer5
between
funds
At 1.4.23
At 31.3.24
Unrestricted funds
General fund
1,486,954
134,5861
28,986
1,481,354
Restricted funds
New Centre 81
Skills and activities
23,486
14,450
123,4861
15,5001
1,736
10,686
37,936
1,736
128,9861
10,686
TOTAL FUNDS
1,524,890
132,8501
1,492,040
Comparative net Movement i n f unds, included in the above are as follows..
Incorning
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
853,310
1887,8961
134,5861
Restricted funds
Skills a nd activities
Community transport
6,819
37,971
15,0831
137,9711
1,736
44,790
143,0541
1,736
TOTAL FUNDS
898,100
1930,9501
132,8501
30

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
21.
Movement in funds- continued
A current year 12 rnonths and prior year 12 months combined position is as follows..
Transfers
between
funds
Net
movement
in funds
At 1.4.23
At 31.3.25
Unrestricted funds
General fund
1,486,954
202,149
174,187
1,863,290
Restricted funds
Newcentre 81
Skil Is and activities
Community transport
23,486
14,450
132,935
14,679
18,767
1156,42 11
117,7661
11,363
18,767
37,936
166,381
1174,1871
30,130
TOTAL FUNDS
1,524,890
368,530
1,893,420
A current year 12 month5 and prior year 12 months combined net movement in funds, included in the above
are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
General fund
1,793,955
11,890,312)
298,506
202,149
Restricted funds
New Centre 81
Skills and activities
Community transport
135,805
32,339
95,538
12,8701
117,6601
176,7711
132,935
14,679
18,767
263,682
197,3011
166,381
TOTAL FUNDS
2,057,637
11,987,613)
298,506
368,530
New Centre 81- funds held to be put towards the purchase and renovation of the building used by the charity.
Awards for All funds held to purchase equiprnent and training for use of equipment.
Skills and Activities Grants funding Support for running the skills and activities centre for the members.
Community Transport Grants - funding Support for running the community transport services for member5.
TRANSFERS BETWEEN FUNDS
Transfers between funds represent:
31

Centre 81 Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
21.
Movement in funds- continued
The transfer of restricted funds used to purchase capital items on which there is no ongoing restriction.
The transfer of funds which have been released to unrestricted funds by funders, and
The transfer of general funds where restricted funds were not sufficient to cover the project costs in full.
22.
Related party disclosures
Sorne of the Trustees are also members of Centre 81 Limited and accordingly enjoy the same facilities, on the
same basis as other members.
One of the trustees partner is employed by Centre 81 Limited in the canteen at market rate.
During the year Centre 81 Limited purchased goods and services from TMS Media Limited on normal
commercial terms amounting to El,68512024 £4731. TMS Media Limited is jointly controlled by S Scott, a
trustee of Centre 81 Limited.
During the year two of the trustees lent Centre 81 Limited £40,000 in total, interest free, the loans were still
outstanding at 31 March 2025.
32

Centre 81 Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Income and endowments
Donations and legacies
Donations
Grants
35,392
49,130
35,392
268,022
19,164
110,922
218,892
84,522
218,892
303,414
130,086
Other trading activities
Fundraisin8 events
58
58
Charitable activities
Community transport
Skills and activities income
Catering
Tea bar
150,785
613,423
22,508
8,999
150,785
613,423
22,508
8,999
145,156
577,808
21,459
8,690
795,715
795,715
753, 113
Other incorne
Bank interest
Insurance i ncome
Other income
Rental income
177
266
237
59,670
177
266
237
59,670
116
1,378
13,407
60,350
60,350
14,901
Total incornin8 resources
940,645
218,892
1,159,537
898,100
Expenditure
Raising donations and legacies
Fundraising expenditure
15,165
15,165
9,795
Charitable activities
Wages
Social securitv
Pensions
Sundries
Non recoverable VAT
Carried forwa rd
703,955
37,521
17,827
180,551
12,951
952,805
11,792
715,747
37,521
17,827
223,006
12,951
1,007,052
652,607
30,358
15,566
176,391
13,955
888,877
42,455
54,247
This page does not form part of the statutory financial statements
33

Centre 81 Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund5
Restricted
funds
Charitable activities
Brought forward
Amortisation of intangible fixed assets
Depreciation of tangible fixed assets
Loss on sale of intangible fixed assets
Loss on sale of tangible fixed assets
952,805
476
9,287
54,247
1,007,052
476
9,287
888,877
22,028
12801
13,333
13,333
975,901
54,247
1,030,148
910,625
Support costs
Governance costs
Auditors, remuneration
Independent examination
Accou ntancy
9,000
9,000
7,355
3,175
2,350
2,350
11,350
11,350
10,530
Total resou rces expended
1,002,416
54,247
1,056,663
930,950
Net lexpenditure}/income
161,7711
164,645
102,874
132,8501
This page does not form part of the statutory financial statements
34