2023-03-31-accounts - Centre4 Limited

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					Page
Reference and Administrative		Details	of the Company,	its Trustees and Advisers
Chairman's	Statement				2-3
Trustees' Report					4 —12
Independent	Auditors' Report	on the	Financial Statements		13—16
Consolidated	Statement of Financial		Activities		17
Consolidated	Balance Sheet				18—19
Company Balance Sheet					20 —21
Consolidated	Statement of Cash Flows				22
Notes to the	Financial Statements				23 —54

						Total
			Unrestricted	Restricted	Total	funds
			funds	funds	funds	as restated
			2023	2023	2023	2022
		Note	E	f
Income from:
Donations and legacies			1,000	423,660	424,660	654,998
Charitable activities			437,224	723,034	1,160,258	956,975
Trading activities			236,421		236,426	1,094,704
Investments			988		988	45
Other income			229,488		229,488	231,619
Total income			905 121	1 146699	2 051 820	2938341
Expenditure on:
Trading activities			200,282		200,282	931,741
Charitable activities			732,806	1,219,543	1,952,349	1,734,236
Total expenditure			933088	1 219543	2 152631	2665977
Net movement in funds
Reconciliation offunds:
Total funds brought	forward		881,014	1,758,885	2,639,899	2,367,535
Net movement in funds			(27,967)	(72,844)	(100,811)	272,364
Total funds carried	forward

			CONSOLIDATED	BALANCE SHEET (CONTINUED)	BALANCE SHEET (CONTINUED)	BALANCE SHEET (CONTINUED)	BALANCE SHEET (CONTINUED)
			AS	AT	31 MARCH	2023
						2023		2022
			Note
Fixed assets
Tangible assets			15			1,861,325	1,873,797
						1,861,325	1,873,797
Current assets
Debtors			17		191,481		274,309
Cash at bank and	in hand				602,635		773,253
					794,115		1,047,562
Creditors: amounts	falling		due within
one year			18		(110,103)		(262,710)
Net current assets						684,013		784,852
Total assets less	current		liabilities			2,545,338	2,658,649
Creditors: amounts	falling		due after
more than one year			19			(6,250)		(18,750)
Net assets excluding		pension asset				2,539,088	2,639,899
Total net assets
Charity funds
Total restricted funds				22		1,686,041		1,758,885
Unrestricted funds
General funds				22	695,082		681,014
Designated Funds				22	157,965		200,000
Total unrestricted	funds			22		853,047		881,014
Total funds						~53+Im.

				COMPANY BALANCE SHEET	COMPANY BALANCE SHEET
				AS AT 31 MARCH 2023
						2023		2022
				Note
Fixed assets
Tangible assets						1,861,325		1,873,797
Investments				16
						1,861,326		1,873,798
Current assets
Debtors				17	153,233		149,609
Cash at bank and		in hand			579,351		707,478
					732,584		857,087
Creditors: amounts		falling	due within	one
year				18	(101,253)		(168,705)
Net current assets						631,331		688,382
Total assets less		current	liabilities			2,492,657		2,562,180
Creditors: amounts		falling	due after	more
than one year				19		(6,250)		(18,750)
Net assets						2,486,407		2,543,430
Total net assets
Charity funds
Restricted funds:
Restricted funds				22	1,684,293		1,750,649
Total restricted	funds					1,684,293		1,750,649
Unrestricted funds
Designated funds				22	157,965		200,000
General funds				22	644,149		592,781
Total unrestricted		funds		22		802,114		792,781
Total funds

				Note	2023	2022
Cash flows from operating	activities
Net cash used in operating	activities			25	(113,875)	372,201
Cash flows from investing	activities
Dividends, interests and rents from investments					988	45
Purchase of tangible fixed assets					(45,232)	(29,846)
Net cash used in investing	activities				(44,244)	(29,801)
Cash flows from financing	activities
Repayments of borrowing				27	(12,500)	(12,500)
Net cash used in financing	activities				(12,500)	(12,500)
Change in cash and cash	equivalents	in	the year	27	(170,619)	329,900
Cash and cash equivalents	at the beginning		of the year	26	773,253	443,353
Cash and cash equivalents	at the end	of	the year	26	~+34~77 2

				Unrestricte	Restricted	Total
				d funds	funds	funds
				2022	2022	2022
Grants					652,102	652,102
Donations				1,000	1,896	2,896
Income from charitable			activities
				Unrestricted	Restricted	Total
				funds	funds	funds
				2023	2023	2023
Nursery	Fees including		lunches	336,569	28,004	364,573
Groups and clubs					40,994	40,994
Contracts					654,036	654,036
Management		charges		100,655		100,655
				Unrestricted	Restricted	Total
				funds	funds	funds
				2022	2022	2022
Nursery	Fees including		lunches	307,643	29,406	337,049

4.	Income from charitable	Income from charitable
	Groups and clubs			25,073	25,073
	Contracts		5,499	518,217	523,716
	Management	charges	71,137		71,137
			~84.ZZR	'&~6	~56~
5.	Other income
			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
				E	E'
	Rents received		157,468		157,468
	Room hire		72,020		72,020
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
	Rents received		143,784		143,784
	Room hire		87,835		87,835

			NOTES TO THE FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 MARCH 2023
Grants received
Grants received,	included	in	the above, are as follows:	2023	2022 f
Community Mothers				64,285	62,390
Empowering Places				63,315	55,295
DAF FFE				7,200
Empowering Places lnd Pot				9,976	6,536
Digital Library					40,326
Advice				1,185
Kickstart					eo,eoe
Link Worker				51,203	56,144
CEV Covid					5,000
Winter Pressures				4,173	39,000
Energy Efficiency				10,000
Hardship Grant				13,000	40,000
ERA Seed Grant				13,105
Youth Programme				65,419
Coronavirus Job	Retention	Scheme			1,066
Peer Mental Health				55,346
Thrive Advice				10,600
Power to Change	(ERA)			25,000	14,400
Digital Fund (ERA)					15,000
Wellbeing Hub				12,080	200,000
Proud to care (ERA)				15,773
Supporting the clinically vulnerable					5,236
NHS App					2,000
Wellbeing Weighing					15,504
Co Op changing	room				10,000
Local Fund				29000
Daisys Wish					999
Covid Fund					2,396

			FOR THE YEAR E	NDED 31 MARCH 20
7.	Income from trading		activities
				Unrestricted	Restricted	Total
				funds	funds	funds
				2023f	2023f	2023
	Fundraising events			1,606	5	1,611
	Cafe &catering			6,461		6,461
	Sports pitch hire			1,774		1,774
	Gym income			2,568		2,568
	Room cleaning			5,361		5,361
	Admin services	and photocopying		8,160		8,160
	Miscellaneous	income		5,581		5,581
	Recruitment agency			199,899		199,899
	Feed in tariff			5,011 5,011 ~%821~~)682k
				Unrestricted	Restricted	Total
				funds	funds	funds
				2022	2022	2022
	Fundraising events			89	5	94
	Cafe & catering			2,751		2,751
	Sports pitch hire			1,550		1,550
	Gym income			1,584		1,584
	Room cleaning			3,700		3,700
	Admin services	and photocopying		7,925		7,925
	Miscellaneous	income		3,571		3,571
	Recruitment agency			1,069,505		1,069,505
	Feed in tariff			4,024		4,024

	Interest	receivable
	Interest	receivable
9.	Trading	expenses

Unrestricted	Total
funds	f,unds
2023f	2023
Unrestricted	Total
funds	funds
2022	2022f

	Unrestricted	Total
	funds	funds
	2023	2023
	F
Cost of sales	3,061	3,061
Support costs	53,385	53,385
Cost of sales staff costs	143,836	143,836
	~XG28Z	~QQ+82.

	Trading	expenses (continued)	expenses (continued)
					Unrestricted	Restricted	Total
					funds	funds	funds
					2022	2022 E'	2022f
	Cost of sales				41,866		41,866
	Support costs				23,190		23,190
	Cost of sales staff costs				866,685		866,685
10.	Analysis	of expenditure	on charitable	activities
	Summary	by fund type
					Unrestricted	Restricted	Total
					funds	funds	funds
					2023	2023	2023
	Charitable	activities			732,806	1,219,543	1,952,349
					Unrestricted	Restricted	Total
					funds	funds	funds
					2022f	2022f	2022
	Charitable	activities			674,117	1,060,119	1,734,236
11.	Analysis	of expenditure	by activities
					Direct	Support	Total
					costs	costs	funds
					2023	2023	2023
	Trading costs				197,182	3,100	200,282
	Charitable	activities			1,883,481	68,868	1,952,349
					2,080,663	71,968	2,152,631

		Direct	Support
		costs as	costs as	Total
		restated	restated	funds
		2022f	2022	2022
Trading costs		928,936	2,805	931,741
Charitable	activities	1,663,444	70,792	1,734,236
		2,592,380	73,597	2,665,977
Governance costs
		Unrestricted	Restricted	Total
		fund	fund	funds
		2023	2023	2023
		P.
Auditor's	remuneration	5,700		5,700
		5,700		5,700
		Unrestricted	Restricted	Total
		fund	fund	funds
		2022	2022	2022
			E
Auditor's	remuneration	4,140		4,140
		4,140		4,140

					2023	2022
Fees payable		to the Company's	auditor and its associates	for the audit of
the Company's		annual accounts			5,700	4,140
Fees payable		to the Company's	auditor and its associates	in respect of:
All non-audit	services not included above

Staff costs
	Group	Group	Company	Company
	2023	2022	2023	2022
Emoluments	1,343,390	1,836,377	1,200,643	1,005,028
Social security costs	86,410	125,292	80,599	64,154
Pension costs	19,199	25,768	18,664	15,469

Tangible fixed assets
Group
	Improvements	Nursery	Fixtures and	Gym	Computer
	lo property	equipment	fittings	equipment	equipment	Solar panels	Total
	2		8	2	6	2	2
Cost or valuation
At 1 April 2022	2,027,748	32,907	29,067	13,888	45,944	55,800	2,205,354
Additions	35,848				9,384		45,232
At 31 March 2023	2,063496	32,907	29,067	13,888	55,328	55,800	2,250,586
Depreciation
At 1 April 2022	239,056	32,907	15,023	10,200	16,933	17,438	331,557
Charge for the year	40,870		2,808	2,778	8,458	2,790	57,704
At 31 March 2023	279,926	32,907	17,831	12,978	25,391	20,228	389,261
Net book value
At 31 March 2023
At31March 2022

Company
	Improvements	Nursery	Fixtures and		Computer
	to property	equipment	fittings	Gym equipment	equipment	Solar panels	Total
	2	2	2	2	2	2	2
Cost or valuation
At 1 April 2022	2,027,748	32,907	29,067	13,888	45,944	55,800	2,205,354
Additions	35,848				9,384		45,232
At 31 March 2023	2,063,596	32,907	29,067	13,888	55,328	55,800	2,250,586
Depreciation
At 1 April 2022	239,056	32,907	15,023	10,200	16,933	17,438	331,557
Charge for the year	40,870		2,808	2,778	8,458	2,790	57,704
At 31 March 2023	279,926	32,907	17,831	12,978	25,391	20,228	389,261
Net book value
At 31 March 2023
At 31March 2022				~JUL	~rr	~kgu

		Investments
		In
		subsidiary
		companies
Company
Cost
Revaluations
At 31 March 2023
Net book value
At 31 March 2023
There were no investment	assets outside the UK.

				Group	Group	Company	Company
				2023	2022	2023	2022f
	Due within one year
	Trade debtors			154,195	216,612	124,481	133,316
	Prepayments	and accrued income		37,286	57,697	28,752	16,293
18.	Creditors: Amounts		falling due within	one year
				Group 2023	Group 2022	Company 2023 E	Company 2022 f
	Other loans			12,500	12,500	12,500	12,500
	Trade creditors			39,312	48,614	41,284	50,872
	Other taxation	and social security		868	56,164
	Other creditors			214	1,756
	Accruals and deferred		income	57,209 ~~3	143,676 ~62~7	47)468 ~~3.	105,332 ~5~75

		Group	Group	Company	Company
		2023 E	2022	2023	2022f
Other loans		~5k	~~71	~	~1Z50.
Included	within the above are amounts	falling due as follows:
		Group	Group	Company	Company
		2023	2022	2023	2022f
Between	one and two years
Other loans		~/ST	~QQ
Between two and five years Other loans		-~2		-~2
Over five	years

						Balance at
			Balance at			31 March
			1 April 2022	Income	Expenditure	2023
Unrestricted funds
General Funds -	all funds		681,014	905,121	(891,053)	695,082
Designated Funds			200,000		(42,035)	157,965
			881,014	905,121	(933,088)	853,047
Restricted funds
Restricted Funds	- all funds
History Group			360		(360)
Men's Shed Project			2,404		(2,404)
Centre4 Capital	Fund		1,364,440		(31,561)	1,332,879
Stroke Courtyard			710		(142)	568
Digital Library			10,249		(4,551)	5,698
Youth Provision			1,095		(1,095)
Advice			34,428	162,519	(186,364)	10,583
Library			8,742	174	(8,918)
Supporting the clinically vulnerable			1,006			1,006
CC Cash			17,261	40,821	(32,723)	25,359
Nursery Pupil Premium			9,668	8,333	(15,797)	2,204
Power to Change	Empowering	Places	32,620	63,318	(94,984)	954
DAFFEE			1,396	7,200	(3,714)	4,882
Social Prescribing			28,197	453,679	(371,937)	109,939
Empowering Places lnd Pot			3,515	9,976	(11,488)	2,003
Local Ward				2,000	(2,000)

Statement of fun	ds - current year	(continued)
					Balance at
		Balance at			31 March
		1 April 2022	Income	Expenditure	2023
				P.
Inclusion			19,670	(19,670)
Youth Programme			65,419	(65,419)
CEV Covid		5,000		(3,702)	1,298
Co-Op		10,000		(10,000)
Kickstart		1,860		(941)	919
Gym		3,686		(2,778)	909
Digital Buddies		4,751		(4,751)
Humberside Police				(5)
NHS App		2,000		(2,000)
Love Where You	Live	158			158
Hardship Fund		149	13,000	(11,060)	2,089
Lotto Community	Grant	4,521		(1,215)	3,306
PCN Link Worker			51,203	(49,767)	1,436
Community Mothers		41,524	64,286	(39,867)	65,943
Winter Pressures		30,765	4,175	(34,939)
Wellbeing Hub		101,464	12,081	(89,287)	24,258
Simply Connect		20,321	33,800	(18,654)	35,467
Wellbeing Weighing		7,419		(2,646)	4,775
Digital Fund (ERA)		8,236		(8,236)
Power to Change	(ERA)		25,000	(4,923)	20,077
Proud to Care (ERA)			15,773	(13,393)	2,380

Statem	ent offunds - current year	(continued)
					Balance at
		Balance at			31 March
		1 April 2022	Income	Expenditure	2023
Daisys	Wish	933		(709)	224
North	Lines Council		12,322	(9,350)	2,972
Peer Mental Health			55,345	(42,682)	12,663
Thrive	Diabetes		3,500	(420)	3,080
ERA Seed Grant			13,105	(13,105)
Energy	Efficiency		10,000		10,000
Total Restricted funds
		1,758,885	1,146,699	(1,219,543)	1,686,041
Total of funds

						Balance at
			Balance at			31March
			1 April 2021	Income	Expenditure	2022f
History Group			360			360
Men's Shed Project			7,822		(5,418)	2,404
Centre4 Capital	Fund		1,396,003		(31,563)	1,364,440
Stroke Courtyard			3,252	1,898	(4,440)	710
Digital Library				40,326	(30,077)	10,249
Nursery Refurbishment			7,810		(7,810)
Youth Provision			1,590		(495)	1,095
Advice			48,102	181,819	(195,493)	34,428
Library			8,235	516	(9)	8,742
Local Ward			225		(225)
Supporting the clinically vulnerable				5,236	(4,230)	1,006
CC Cash			14,782	24,558	(22,079)	17,261
Nursery Pupil Premium			14,551	8,074	(12,957)	9,668
Inclusion			916	15,833	(16,749)
Green Spaces			2,158		(2,158)
Power to Change	Empowering	Places	58,919	55,293	(81,592)	32,620
Tudor Trust			1,985		(1,985)
DAFFEE			1,396			1,396
Social Prescribing			(688)	316,765	(287,878)	28,199
Empowering Places lnd Pot			4,453	6,537	(7,475)	3,515
CEV Covid				5,000		5,000
Co-Op				10,000		10,000

		NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS
		FOR THE YEAR ENDED 31 MARCH	2023
Guiness Partnership		12,962		(12,962)
Kickstart			57,125	(55,265)	1,860
Gym		6,464		(2,778)	3,686
Digital Buddies		9,684		(4,933)	4,751
Humberside Police		6,320		(6,315)
Seed Grants		2,057		(2,057)
Love Where You	Live	158			158
Hardship Fund		6,231	40,000	(46,082)	149
Lotto Community	Grant	5,736		(1,215)	4,521
PCN Link Worker		(52)	52,051	(51,999)
NHS App			2,000		2,000
Power to Changes	(ERA)	1,045		(1,045)
Community Mothers		1,976	62,389	(22,841)	41,524
Power to Change	(ERA)		14,400	(14,400)
Winter Pressures			39,000	(8,235)	30,765
Wellbeing Hub			200,000	(98,536)	101,464
Simply Connect			24,228	(3,907)	20,321
Wellbeing Weighing			15,505	(8,086)	7,419
Digital Fund (ERA)			15,000	(6,764)	8,236
Daisys Wish			999	(66)	933
Total Restricted	funds
		1,624,452	1,194,552	(1,060,119)	1,758,885
Total of funds

						Balance at
			Balance at 1			31 March
			April 2022	Income	Expenditure	2023
Designated		funds	200,000		(42,035)	157,965
General	funds		681,014	905,121	(891,053)	695,082
Restricted		funds	1,758,885	1,146,699	(1,219,543)	1,686,041
			89k	~+~82k	~~~~	~539')M.
Summary		of funds - prior year
						Balance at
						31March
			Balance at			2022
			1April 2021	Income	Expenditure	restated
Designated		funds	40,000	160,000		200,000
General	funds		703,081	1,583,789	(1,605,856)	681,014
Restricted		funds	1,624,452	1,194,552	(1,060,119)	1,758,885
			k	~93~41~$5~		2MR893.

Analysis	of net assets between funds -	current year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2023	2023	2023
Tangible	fixed assets	517,750	1,343,575	1,861,325
Net current assets		341,547	342,466	684,013
Creditors	due in more than one year	(6,250)		(6,250)
Total
		~~42.~~~ROM.

Analysis	of net assets between funds - prior year	of net assets between funds - prior year	of net assets between funds - prior year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
Tangible	fixed	assets	491,559	1,382,238	1,873,797
Net current assets			408,205	376,647	1,047,562
Creditors	due	in more than one year	(18,750)		(18,750)
Total			~41&4	~~X	2~~R

							Group	Group
							2023	2022
							E
Net income		for the year (as per Statement			of Financial	Activities)
							(100,811)	272,365
Adjustments		for:
Depreciation		charges					57,703	54,321
Dividends,	interests		and rents from	investments			(988)	(45)
Decrease/(increase)			in debtors				82,828	5,154
Increase	in creditors						(152,607)	40,405
Net cash	provided		by operating	activities

			Group	Group
			2022	2022
				E
	Cash in hand		1,399	2,554
	Notice deposits (less	than 3 months)	601,235	770,699
	Total cash and cash	equivalents
27.	Analysis of changes	in net debt

				At 1 April		At 31 March
				2022	Cash flows	2023
Cash	at bank and		in hand	773,253	(170,619)	602,634
Debt	due within	1	year	(12,500)		(12,500)
Debt	due after	1 year		(18,750)	12,500	(6,250)

under non	-can	cellable operating leases as follow	s:
			Group	Group	Company	Company
			2023	2022	2023	2022
Not later than		1 year	171	228	171	228
Later than	1 year and not later than 5years			171		171

			Group	Group	Company	Company
			2023	2022 f	2023	2022
Operating	lease	rentals	228	294	228	294