Docusign Envelope IO.. SSCC3A77-C2944B87.A7E5-09E472889FA9
Company registration number.. 03074118
Charity registration number.. 149128
Centre4 Limited
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Forrester Boyd Robson Limited
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 ORT
*AE120FSD*
2411212025
COMPANIES HOUSE
A28

Do¢usign Envelope ID.. 55CC3A77-C2944B87-A7ES-09E472889FA9
Centre4 Limited
Contents
Reference and Administrative Details
Chair's Statement
Trustees, and Strategic Report
3to9
Independenl Audilors, Report
10t012
Consolidated Statement of Financial Activities
13to14
Consolidated Balance Sheet
Balance Sheet
16
Consolidated Stalement of Cash Flows
17
Notes to the Financial Slalemenls
181036

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Centre4 Limited
Reference and Administrative Details
Trustees
A J Hames, Chair
P Bunyan
O P Edmonds
S Everesl-Ford
P Taylor
W J Tr85k
Secretary
T Good
Senior Management I
Leadership Team
T Good, Chief Executive Officer
K Harling, Operations Director
P Drinkwaler. Director of Facilities
T Collins, Director of Health and Wellbeing
D Duckworth-mills, DireGlor of Children and Young Peopl8
Charity Regigtratlon Number
149128
Company Reglstrallon Number 03074118
Registered Office
17a Wootton Road
Grimsby
England
DN33 1HE
Audltor
Forrester Boyd Robson Limited
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshi
HU17 ORT
Bankers
The Co-operative Bank plc
1 Balloon Street
Manchester
M4 4BE
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Centre4 Limited
Chair's Statement for the Year Ended 31 March 2025
The chair presents their stalemenl for the year.
This year has been another very busy one with lots of changes at Centre4 and once again, l am pleased to
welcome you to our Trustees Annual Report and set of accounts which, I hopè, will highlight the developments that
have already taken place and those that are underway.
Our staff have worked extremely hard to overcome the challenges brought about by the fire last year and we can
now begin lo see a new future emerging for the rooms that were damaged and rendered unusable.
There was time for celebration in the Summer when we officially opened our newly developed welcome space and
community room. These changes have transformed the visitor experience and offer an ideal meeling Space as well
as providing people with a friendly place to rèlax and have a coffee and chal.
l am also pleased to report thal work has now commenced on the Youth building with the lurf cutting ceremony
taking place on 3rd May. We ar8 all looking forward to seeing the new building lake shape.
Whilst highlighting the exciting changes, I must, of course, thank the Trustees, Senior Leadership team, our staff
and volunteers for their hard work and commitment to the wide range of services and activities currently offered by
Centre4. Thanks also lo our tenants. partners and all those who use our centre - we hope that you will continue lo
support us for many years to come.
Anne Harnes- Chair
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Centre4 Limited
Trustees, and Strategic Report
The Iruslees. who are directors for the purposes of company law. present the annual report together wlth the
financial stalernents and auditors, report of Ihe charitable company for the year ended 31 March 2025. The annual
report serves the purposes of both a trustees, report and a directors. report under company law.
Trustees
The trustees serving during the year and since the year end were as follows..
Trustees..
A J Hames, Chair
J E Bramley {resigned 27 November 2024)
P Bunyan (appointed 1 October 20251
D P Edmonds (appointed 31 October 2024)
S Everest-Ford (appointed 12 December 2024)
S Nèar (appointed 20 June 2024 and resigned 26 November 2025)
E A Norman (resigned 26 November 2025)
J M StOGklon (resigned 25 April 2025)
P Tawor
W J Trask
Oblectlv•s and actlvllle8
Obj•cts and aims
The charitls objects are..
to promote for the benefit of the inhabitants ol the Nunsthorpe and Bradley Park estates and the surrounding
areas of North East Lincolnshire as the trustees see fit, without dists'nction of sex. sexual ori8ntation, race or of
political, religious or other opinions, by associating the local authorities, voluntary organisalions and inhabilanls in a
common effort to advance education and to provide facilities in the interests of Social welfare for recreallon and
leisure time occupation with the object of improving the conditions ol life for the said inhabitants., and
to maintain and manage or to co-operate with any local statutory authority in the maintenance and management
of a Resource Centre for activilies promoted by the charity and its constituent bodies in furtherance for the above
objects.
Objectives, strategies and activlties
The objeclives in the year have continued to be..
Improve the level of community engagernent within the adivities of Centre4, delivering projects Ihat bring
meaningful impact for people and Gommunilies. creating a welcoming space.
Develop and extend our offer for young people to the surrounding community. developing our Youth Offer and
the development of the new 4Youth Centre.
Review the day nursery operation, developing a business plan that seek5 to ensure financial sustainability and a
high￿UalItY facility for children and their families.
Explore a range of projects and initiatives lo respond to comrnunily need. including financial hardship, emolional
health and well-being, social isolation and employability.
Review the room hire offer. developing a plan to maximise income and be a high quality and venue of choice for
training and meetings for our stakeholders.
Build on the impact strategy that demonstrates the difference that we make for our stakeholders and help us
learn.
Invest in marketing resources to support the organisational objectives and largets.
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Centre4 Limited
Trustees. and Strategic Report
To meet its objects. the charity..
Support and advice - we offer practical support lo help individuals and families navigate challenges.
Early Years Care - Butterflies Day Nursery provides high-quality early years care in an inclusive and nurturing
environment.
Youth Opportunities our exciting youth programme offers young people somewhere to go, something to do,
and someone to talk to.
Social Prescribing at Centre4, we champion soclal prescribing as a way to conneGI individuals to non-clinical
services that improve wellbeing.
Impact Report
Centre4 is delighted to share that we continue to work hard to support the needs of our community through a wide
range of projects, while also fulfilling our role as custodian of the community hub. Our embedded iniliats'ves remain
strong, and the charity conlinues to adapt to the changing economic, social and health challenges faced by our
communities.
As a focal point for social connection and support across North-Easl Lincolnshire, Centre4 brings together
numerous partners who deliver an extensive range of projects and services for the benefit of our communities and
stakeholders.
entre4 Comrnunil Hub
Centre4 continues to provide a wide range of lacilities for our tenants as wèll as conference, meeling and training
spaces for a wide range of external organisations. In terms of ongoing rental space, durlng the year our permanent
office rentals were al 94.5°/o capacity (with 3 new tenants arriving in January 20261 and room hire at 45010 capacity.
Work continues to improve relevant areas withing the building that require attention as well as looking for potential
external project?. We successfully completed improvements lo the welcome area, removing the reception, creating
a more flexible space. This incorporated a more relaxed seating arrangement, private booths. a public living room
and our own coffee shop which continues lo bring in further revenue.
Constructlon of the new youth buildlng commenced In summer 2024. wilh Jembuild appointed as the principal
contractor and Hodson Architects providing ongoing design and project support. The dev81opment progressed at
pace until March 2025, when unforeseen circumstances resulted in Jembuild ceasing trading. While this had the
potential to cause significant delays, decisive action was taken in collaboration with Hodson Architects and
previous subcontractors to resume works within two months. The project is now firmly back on track, with
completion scheduled for February 2026.
Visitors to the Centre in the year was 106,564 many of whom are accessing Centre4 servlces and projects, room
hire bookings and accessing our tenant services and projects. This will only increase with Ihe completion of the
new youth building.
Remedial works to repair the fire-damaged areas. which had caused significant revenue loss and disruption to
Centre4. were successfully completed in May 2024. During this challenging period, we faced the difficult news that
one of our original lenan15, Carelink, would be departin9. This decision was not taken lightly and was made lo
support those affected by the fire. as we were unable lo provide sultable space for Ilieni lor 8 time. Their absence
was fell deeply by all who had worked alongside them and relied on their invaluable services. We are therefore
delighted lo announce their return. Welcoming Carelink back feels like restoring a cherished part of our community,
and they have settled in seamlessly, as if they never left.
Youn
Peo
le&F
Butterflies Day Nursery:
This year has marked another period of significant growth and achievement for Butterflies. Building on last yearfs
momenturn, we have now welcomed over 220 children across the year, with occupancy continuing to rise at a
steady pace. Our staff team have once again shown exceptional dedication, supporting children and families
through ongoing developments within the setting. As a resull. we have continued lo see positive outcomes across
all areas of practs'ce.
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Trustees. and Strategic Report
An exciling year a5 we developed a more structured wraparound offering with the introduction of breakfast. after
school and holiday club which has seen a significant uptake and is providing high quality care and provision for
families outside of the nomal school day. Our ambition is lo continue growing this demand.
Parental engagement remains a comerstone of what we do, and we are pleased to say that our relationships with
families have strengthened even further. Par8nts continue to work closely with us lo ensure their children's needs
are mel, and we have seen increased participation in shared learning opportunities and family-focused events like
Graduation, Summer fa￿es, Uniform swaps etc.
A key area of progress this year has been our growing partnership with other local services. Many of our families
continue lo access wider support, and Y￿ have further deepened our working relationships with the SEND team,
heallh visitors, social workers, and other professionals across the Local Authority. We have also taken meaningful
steps to build a stronger, more collaborative connection with Centre4 by worklng wlth our 4Famili8s offer to support
parents and carers wilh child development, benefits and advice, nutrition and confidence levels. We have created
relationships with local schools lo support wraparound delivery and a more structured approach to transition from
nursery to primary school.
Our commitment to inclusion remains at the heart of our practice. We have continued to refine our support for
chlldren with SEN, ensuring that dedicated funding is use(J effectively lo provide highqualily resources, largeled
interventions, and additional staff hours where needed. This has led to staff being recognised at local SEND
awards for their support and commitment in this area.
4familie
Thls year has seen major developments for our family support project, originally known as Butterflies Mums. The
project, delivered at Centre4, was created to reduce isolation among new parenls. increase social connection, and
ensure families are linked with the services and support they need. Although Publlc Health wlthdrew ils funding at
the end of last year to pursue a different strategic direction, the demand from families, partners and referrers was
overwhelming. In response, we cornmilted to continue the project using the Reaching Communities and
Partnerships fund, ensuring families did not lose this vital support.
Throughout the year, the project has continued lo grow and evolve. We are aiming to support 240 families across 2
years, reflecting sustained and increasin9 need within the community. Our volunteer network ha5 also expand8d lo
support up lo 60 volunteers to actively be supporting families.
To strengthen delivery and provide consistent leadership, we expanded the staff team, who have together helped
to widen our reach and enhance the quality of support offered. One of the key achievements has been the
eslablishmenl of a weekly parent and baby group, which has quickly become a trusted and well-altended space for
early bonding, social connection, and peer support. This has expanded into new local places across Grimsby.
With this progress has come an expansion of our vision. To ensure we are meeling the need5 of the whole family,
not just Mums. the project has been relaunched under a new name called 4Families. Early engagement under this
new model has been extremely positive. with strong initial uptake from men as well, reflecting our commitment lo
inclusive family support.
4Y
4Youth has gone from strength to strength within the last year with numbers of participants rising weekly. The
recruited youth workers have been Irained to JNC level 3 and are 5UPPQrting young people across Nunsthorpe and
North-Easl Lincolnshire through regular weekly open access youth provision including Boxing. Lego, Mulli Sports
and Youth clubs. Further funding has been secured through Better Youth Spaces lo support furnishing the building
with high quality equipment for young people lo use. Young people created a youth panel and are feeéing back into
the design of the building and equipment. With access lo the new build expected in February 2026, we feel
confident we can build upon the existing strengths and transfer this into Ihe new fil for purpose space along with the
120 young people attending weekly.
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Centre4 Limited
Trustees. and Strategic Report
Communit Health & Wellbein
Advice SeNice - provides expert adviGe and representation on debl, welfare benefits. housing, and general legal
matters. significantly improving the health and wellbeing of its users.
Supported 2,757 new clients with tailored advice and represenlation.
Secured £5,701,655 in linancial gains lor clienls across all closed cases.
Collaborated with DWP and North East Lincolnshire Council to allocate Household Support Fund resources,
helping individuals during the Cost of Living Crisis.
Delivered bespoke outreach support at the Carers. Support Centre in North East Lincolnshire and, Irom July
extended services to Norlh Lincolnshire.
ConnectNEL is a friendly signposting service that helps people access the service and activities they need.
Connecting local people with local support.
Connected 14,519 people to services that address their needs.
Responded to 13,891 individual queries, linking them to 301 different local services.
Maintained high demand, averaging 1,209 enquiries per month at the start of 2024.
Built strong partnerships with local organisations, ensuring knowledge and referral pathways and
appointment timescales.
Continued to assist people during the Cost of Living Crisis by providing financial support, fuel support, food
hardship, and hygiene support packs, while signposting lo altemalive services across North East
Lincolnshire.
Simply Connect - Ihis is a database of seNlces and activities wlthin North East Lincolnshire.
487 organisations r8gislered as providers on the directory.
2.213 services and aclivities available for public and professional use.
Achieved 30,890 searches, helping people find solutions quickly and effectively.
Social Prescribing
supporting people with long-tem health conditions to community-based activities and
support ne￿OrkS, reducing isolation and empowering them to manage their health and wellbeing more
effectively.
639 people 8nrolled onto Ihe,programme.
Overall improvement rale in wellbeing outcomes
outcomes.
940/ts for 6 month outcomes and 96Q/o for 12 month
Public benefit
The activities described above and in the following sections are consistent with the charitys values and aims which,
in turn, derive from ils charitable objectives. All new and potential developments are assessed for consistency with
the strategic business plan and, therefore. for their contribution to public benefit.
The trustees Gonlirm that they have Gomplled with the requir¥riienls of section 17 of the Charities Act 2011 to have
due regard to the public benefit guidance published by Ihe Charity Commission for England and Wales.
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Trustees. and Strategic Report
Financlal review
The Consolidated Statement of Financial Activities shows a nel increase in funds for the year of £839,833 with a
decrease in unrestricted funds of £103,096 on unrestricted funds and an increase of £942,919 on restricted funds.
Total funds at the year-end are £3,167.543 compared lo £2,327,710 as at 31 March 2024. Of the total fund5,
£2,904,629 (2024 - £1,876,810) relates lo the net book value of fixed assets which Can only be realised through the
di5P05al of assets.
The principal funding sources for the charity are rent, room hire. nursery fees and contract and grant income. There
will always be an element of uncertainty with our funded I contracted provision. particularly as these are public
funds that are subjecl lo year-on-year rèview.
During the current year, a significant amount of lunding was received from the Youth Investment Fund towards the
construction of the new purpose-built youth facility.
Policy on reserves
The trustees have established a policy wher8by the unrestricted funds not committed or invested in tangible fixed
assets (the free reseNes) held by the charity should be equivalent lo three months of the running costs.
Total unrestricted funds as al 31 March 2025 are £624,878 of which £647,311 relales to the net book value of flxed
assets. As a result, free unrestricted fixed are in deficlt to th& value of £22,433.
The trustees and senior management team are closely reviewing the structure and operations of the charity in
order to generate free reserves in line with policy.
Plans for future perlods
The trustees look optimisli¢ally to the next financial year wllh particular focus on the completion of the new youth
building early in 2026 bul also continuing lo support the local community Ihrough a variety of events and activities.
Golng concem
After making appropriate enquiries, the Iruslees have a reasonable expectation that the company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the goin9 concern basis in preparing financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Structure, governance and management
Nature of governlng document
Centre4 Limited is a company limited by guarantee govemed by ils Memorandum and Articles of Association dated
12 September 1995. It is reglstered as a charity with the Charity Commission.
Members. liability
The liability of the members is limited. Every member of the charity undertakes to contribute such amount as may
be required, not exceeding £1, to the charity's assets if il should be would up while they are a member or within one
year after they cease to be a member, for the payment of the charitls debts and liabilities contracted before they
cease lo be a member. and of the costs, charges and expenses of winding up, and lor the adjustm8nt ol thè rights
of the contributions among themselves.
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Trustees. and Strategic Report
Recrultment and appointment of trustees
The number of trustees shall not be less than nine bul (unless othefwise detemined by ordinary resolution) shall
be subject to a maximum of fifteen being..
1. not less than five and not more than eighl members elected at the annual general meeting who shall hold office
from the conclusion of Ihal meeting.
2. not les5 than four and not morg than seven nominated members appointed. as follows.. local schools, local
churches- local colleges, voluntary sector, private sector,. public sedor. and Enterprise Agency.
3. the executive committee may in addition appoint not more than three COwOPted members but so that no-one may
be appointed as a co-opted member if, as a re5uIt, more than one third of the members of the executive committee
would be co-opted members.
Induction and training of trustees
New trustees are provided with a 'Trustee Handbook. and must complete certain documentation pertaining to the
Charity's Commission and Companies House. They are also infomied of the content of the Memorandum and
Articles of Association, the board and decision-making processes. the business plan and recent financial
performance of Centre4. They are also issued with a job description and encouraged to attend appropriate external
training events where these vill facilitate the undertaking of their role. Due lo the responsibility Iruslees have
regarding Bullerflies Day Nursery they musl also undertake a DBS check and complete all relevant paperwork
required by Ofsted.
Arrangement5 ftir setting key management personnel remuneratlon
The pay of the senior staff is reviewed annually and, where financially viable, is norrnally increased in accordanc8
with national inllalion rates. In terms of setting the rate of pay the trustees benchmark against other local VCSE
organisalions bul ultimately it is down to organisalional affordability.
Organlsatlonal structure
The charity is overseen by its trustees who meet as a board on a quarterly basis.
The day-104ay operats'ons of the charity are delegated to the Senior Lead8rship l Management Team.
Relatlonshlps wlth related partles
No truslee is paid remuneration for their role. However, all reasonable expenses such as travel or training will b8
reimbursed.
In this financial year, there were no other contractual relationships with any relaled parties.
Fundralslng
No specific fundraising activities are undertaken although donations are very much accepted. The trustees confirm
that they are aware of r8levanl guidance covering charity fundraising.
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Centre4 Limited
Trustees. and Strategic Report
Statement of trustees. responsibilities
The trustees (who are also the directors of Centre4 Limited for the purposes of company law) are responsible for
preparing the Irustees, report and the financial slatements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the Iru5tees lo prepare financial statements for each financial year. Under company law the
trustees must not approve the financial slalements unless they are satisfied thal they give a true and fair view of
the slate of affairs of the parent charitable company and the group and of the incoming resources and application of
resources, including its income and expenditure, of the charitable group for that period. In preparing these financial
statements, the trustees are required lo..
select suitable accounting policies and apply Ihem consislenlly,
observe the methods and principles in the Charities SORP,.
makejudgements and estimates that are reasonable and prudent;
state whether appllcable accounting standards, comprising FRS 102 have been followed. subject to any
material departures disclosed and explained in the financial statements., and
prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the parent
haritable cornpany will continue in business.
The trustees are re5pon5ible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of the parent charilable company and Ihe group and enable them to ensure that the
financial statements comply wlh the Companies Act 2006. They are also responsible for safeguarding the assets of
the parent charitable company and the group and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charitable companls website. Legislation governing the preparation and dissemination of financial
statemen15 may differ from legislation in olher jurisdictions.
Olsclo$ure of Informallon to audltor
Each Iruslee has taken sleps Ihal they ought to have taken as a trustee in order to make themselves aware of any
relevant audit information and to establish that the charity's auditor is aware of Ihat infomiation. The trustees
confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charlty on 22 Dec8mber 2025 and signed on its behalf by..
(ta*Ls
A J Hames
Trustee
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Centre4 Limited
Independent Auditor's Report to the Members of Centre4 Limited
Opinion
We have audited the financial statements of Centre4 Limited (the 'charitable parent compan￿) and its subsidiaries
(the 'group') for the year ended 31 March 2025. which comprise the Consolidated Statement of Financial Activities.
Consolidated Balance Sheet, Balance Sheet, Consolidaled Statement of Cash Flows. Statement of Cash Flows
and Notes lo the Financial Statements, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is United Kingdom Accounting Standards,
comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and RepubliG of
Ireland, and applicable law (United Kingdom Generally Accepted Accounting PractiGe).
In our opinion the financial slatemenls:
give a true and fair view of the slate of the group's and parent charity's affairs as al 31 March 2025 and of ils
incoming resources and application of resources. including its income and expenditure, for Ihe year then ended..
have been properly prepared in accordance with Uniled Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companie5 Act 2006.
Ba31$ for oplnlon
We conducled our audit in accordance with International Standards on Auditin9 (UK) (ISAS (UK)) and applicable
law, Our responsibilities under those standards are further described in the auditor responsibilities for the audit of
the financial statements section of our report. We are independent ol the group in accordance with the elhical
requirements 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 requiremenls. 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 auditing the financial statements, we hav8 concluded that the Irustees use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubl on the group's ability to continue as a going
concern for a period of at least Iwelve months from when the original financial statements were authonsed for
issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in the
relevant sections of this report.
Other infomiation
The trustees are responsible for the other infomation. The other information comprises Ihe information included in
the annual report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial
statements does not cover the other information and, except to the exlenl otherwise explicitly stated in our report,
we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial slalements, our re5pon5ibilily is lo read the other information and, in
doing so. consider whether the other inforrnation is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to b¥ materially misslaled. If we identify such material
inconsistencies or apparent material misstalemenls. we are required lo detemiine whether Ihere is a material
misstatement in the financial statements or a material misslaternent of the other infomation. If. based on the work
we have performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact.
We have nothing to report in this regard.
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Independent Auditorfs Report to the Members of Centre4 Limited
Opinion on other matter prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Chairfs Statemenl and Trustees, and Strategic Report for the financial year for which
the financial slatemenls are prepared is consistent with the financial statements- and
the Chaifs Statement and Trustees. and Strategic Report have bèen prepared in accordance with applicable
legal requirements.
Matters on whlch we are requlred lo report by exceptlon
In the light of our knowledge and understanding of the group and the parent charitable company and its
environmenl obtained in the course of the audit, 14ve have not identified malerial misstatements in the Chair's
Statement and the Trustees. and Stralegic Report.
We have nothing to report in respect ol the following matters where the Cornpanies Act 2006 requires us to report
to you if, in our opinion..
adequate accounting records have not been kept by the parent charitable company, or relums adequate for our
audit have not been received from branches not visited by us., or
the parent charitable company financial statements are not in agreement with the accounting records and
returns,. or
certain disclosures of trustees remuneration specified by law are not made: or
we have nol received all the infomiation and explanations we require for our audit.
R•8pon8ibilitie$ of trustees
As explained more ftjlly in the Statement of trustees. responsibilities {set out on page 91, the Iruslees are
responsible for the preparation of the financial statements and for being satisfied that they give a true and.fair view,
and for such intemal control as the trustees determine is necessary lo enable the preparation of financial
statements that are free from material rnisslatement, whelher due to fraud or error.
In preparing the financial statements. the Iruslees are responsible for assessing the charlty's ability to continue as a
going concern. disc105ing, as applicable, matter5 related lo going concern and using the going concern basis of
accounting unless the trustees eilher intend lo liquidate the charity or to cease operations, or have no realistic
alternative but to do so.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due lo fraud or error. and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always delect a material misslalemenl when it exists. Misstalemenls can arise from fraud or
error and are considered material if, individually or in Ihe aggregale, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of delecting irregularities, including fraud is detailed below..
Discussions with management, including consideration of knowii or suspected instances of non-compliance
held.
Challenging assumptions and judgements made within significant accounting eslimales and judgements.
Idenlificalion of laws and regulalions relevant to the operalions and review of compliance with such laws.
Testing ofjoumal entries and other potential areas of management override of the systems.
Reviewing and agreeing the accuracy of income recognition.
Agreeing the existence and accuracy of pay for a sample of employees on the payroll.
Performing ana1￿1C31 procedures lo identify and investigate any unusual or unexpected relalionships.
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Oo¢usign Envèlopè ID.. SSCC3A77.C2944887-A7ESQ9E472889FA9
Centre4 Limited
Independent Auditor's Report to the Members of Centre4 Limited
Because of the inherent limilalions of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the linancial statements or non-compliance with regulation. The risk increases
the more Ihal compliance with a law or regulation is removed from the events and transactions reflected in the
financial statements. as we will be less likely to become aware of inslances of non-compliance. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,
forgery collusion, omission or misrepresèntation.
A further description of our responsibilities is available on the Financial Reporting Council's website at=
v￿,[rG.Qr9.UkIaud1torsreSponSIbIIi1ies. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable parent coMpan￿S members. as a body, in accordan￿ wth Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the group's
members those matters we are required to slate to them in an auditorfs 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
parent company and its members as a body, for our audit work, for this report, or for the opinions we have formed.
0gc¥SlyMd by..
8DAec31P?7ZT4ee'.
Carrie Anne Jensen ACA (Senior Stalulory Auditor)
For and on behalf of Forre$ter Boyd Robson Limited. Statulory Auditor
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 ORT
22 December 2025
Page 12

Docusign Envelope IO.. SSCC3A77-C2944887-A7E5-09E472889FA9
Centre4 Limited
Consolidated Statement of Financial Activities for the Year Ended 31 March 2025
(Including Consolidated Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unreslricted
funds
Restricted
funds
Total
2025
Note
Income and Endowments from:
Donations and legacies
Charitable activitie5
Other trading activities
Investment income
Other income
8,212
417.854
234,997
1,152
318,657
8,212
2,981.888
234,997
1.152
318,657
2,564,034
Total Income
980,872
2,564,034
3,544,906
Expendlture on:
Raising funds
Charitable activities
1213,574)
870,394
151,534)
1,569,571
(265.108)
2,439.965
Total expenditure
1,083,968
1,621,105
2,705,073
Net lexpendilurellincome
103,096
942,929
839.833
Nel movement in lunds
{103,096)
942,929
839,833
Reconciliation of funds
Total funds brought forward
Total funds carried forward
727,974
1,599,736
2,327,710
22
624,878
2,542,665
3,167,543
The notes on pages 18 to 36 form an integral part of these financial statements.
Page 13

Oo¢vsiw Envelopè ID.. SSCC3A77-C2944887-A7ES-09E4728B9FA9
Centre4 Limited
Consolidated Statement of Financial Activities for the Year Ended 31 March 2025
(Including Consolidated Income and Expenditure Account and Statement of Total
Recognlsed Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Inveslmenl income
Other income
31,564
363.152
189,419
6,058
242,171
31.564
1,478,596
189.419
6,058
242,171
1.115,444
Total Income
832,364
1.115.444
1,947,808
Expenditure on:
Raising funds
Charitable activities
(205,0181
752,419
{35,209)
1,166,540
(240.227)
1,918.959
Total expenditure
957,437
1,201,749
2,159,186
Net expenditure
Nel movemenl in funds
125,073
86.305
211,378
1125,073)
(86,3051
1211.378)
Reconciliation of funds
Total funds brought forward
Total funds carried for¥vard
853,047
1,686,041
2,539,088
22
727,974
1.599,736
2,327,710
All of the 9roup's activitie5 derive from continuing operations during the above two periods.
The noles on pages 18 to 36 fom an inlegral part of these financial statements.
Page 14

Docusign Enveh)pe ID.. 55CC3A77.C29448B7.A7E5.09E472889FA9
Centre4 Limited
(Registration number: 03074118>
Consolidated Balance Sheet as at 31 March 2025
2025
2024
Note
Fixed assels
Tangible assets
2,904,629
1,876,810
Current assets
Debtors
Cash at bank and in hand
173,849
255,141
360,257
268,861
18
428,990
629,118
Credltors: Amounts falllng due within one yèar
Net current assets
19
166,076
178,218
262,914
450,900
Net assets
3,167.$43
2.327,710
Funds of th• group:
Restricted Income funds
Restricted funds
2,542,665
1,599,736
Unrestrlcted Income funds
Unrestricted funds
624,878
727,974
Total fund$
22
3,167,543
2,327,710
The financial statements on pages 13 to 36 were approved by the trustees, and authorised for issue on 22
December 2025 and signed on their behalf by:
0o¢y14un•d by..
A J Hames
Trustee
The notes on pages 18 to 36 form an integral part of these financial statements.
Page15

Docvsign Envelope 10.. 55CC3A77-C29448B7.A7E5_09E472889FA9
Centre4 Limited
(Registration number: 03074118)
Balance Sheet as at 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
Investments
15
2,904,629
1,876,810
2.904,630
1,876,811
Current assets
Debtors
Cash al bank and in hand
17
18
178,644
243,959
333,601
261,648
422,603
595,249
Creditors: Amounts falling due within one year
19
148,998
159,211
Net current assets
273,605
436,038
N•t ass•l$
3,178,235
2,312,849
Funds of the charity:
Restricted incom8 funds
Restricted funds
2,542,665
1,599,763
Unrestrl¢ted In¢om• funds
Unrestricted funds
635,570
713,086
Total funds
22
3,178,235
2,312,849
The financial stalements on pages 13 10 36 were approved by the trustee5, and aulhorised for issue on 22
Decèmber 2025 and sign8d on their behalf by..
(14UkLS
"AeuA17W241atyQU..:
A J Hame5
Trustee
The notes on pages 18 10 36 form an integral part of these financial statements.
Page 16

Oocusign Envelope10.' 55CC3A77-C2944B87.A7E5.09E472889FA9
Centre4 Limited
Consolidated Statement of Cash Flows for the Year Ended 31 March 2025
2025
2024
Note
Cash flows from operating activities
Net cash incomellexpenditurel
839,833
(211,378)
Adjustments to cash flows from nondcash items
Deprecialion
Investment income
Loss on disposal of fixed assets held for the group's own use
67,188
{1,152)
57,642
16,058)
5,567
10
905,869
(154,227)
Worklng capilal adlu5tments
Oecreasellincreasel in debtors
(Decreasellincrease in creditors
186,408
4,850
(168,7761
73,323
19
Net cash flows from operating activities
1,087,427
(249,680
Cash flows from Investlng actlvltl•8
Interest receivable and similar income
Purchase of langible fixed assets
Net cash flows from invests'ng activities
1,152
1,095,007
6,058
78,694
15
(1.093,855)
(72,636)
Cash flows from financing activities
Repayment of loans and borrowings
19
7,292
11,458
Net decrease in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
113,720)
268,861
1333,774)
602,635
255,141
268,861
All of the cash flows ar8 derived from continuing operations during the above trNo periods.
The notes on pages 18 10 36 form an integral part of these financial ststements.
Page 17

Docusign Envèlopè ID.. SSCC3A77.C2944B87_A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Charity status
The charlty is limited by guarantee, incorporated in England and Wales, and consequently does not have share
capital. Each of the trLtstees is liable to contribute an amounl not exceeding £1 towards the assets of the charity in
the event of liquidation.
The address of its reglstered office Is:
17a Wootton Road
Grimsby
England
DN33 1HE
2 Accountlng pollcles
Summary of significant accounting policies and key accountlng estimates
The principal accounting policies applied in the preparalion of these financial statements are set out below. These
policies have been consistently applied lo all the years presented, unless oth8rnise stated.
Slatem•nl of ¢ompliance
The financial statements have been prepared in accordance with Accounting and Reportin9 by Charities:
Statement of Recommended Practice (applicable to chanties preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021) {issued in October 20191
(Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) and Ihe Companies Act 2006.
Basis of preparation
Cenlre4 Limiled meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Prlor perlod r•¢la8811Scatlon
Income and expenditure classifications have been reviewed in line with the nature of transactions resulting in
amendment to and reclassifications of the comparative figures within the Slatement of Financial Aclivilies. The
reclassifications have not resulted in any adjustment of the fund categories or the opening I closing reserves.
Basis of consolidation
The consolidated financial statements consolidate the financial statements of the charity and its subsidiary
undertakings drawn'up to 31 March 2025.
No statement of financial activities is presented for the charily as pemiitted by section 408 of the Companies Act
2006. The charity made a profit after lax for the financial year of £865.386 (2024 - loss of £173,561).
Page 18

Oocusign Envelopè ID.. 55CC3A77-C2944887-A7E5-09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
A subsidiary is an entity controlled by the charity. Control Is achieved where the charity has the power lo govern the
financial and operating policies of an enlily so as lo obtain benefits from its activilies.
The results of subsidiaries acquired or disposed of during the year are included in the slalement of financial
activities from the effective date of acquisition or up lo the effective date of disposal, as appropriate. Where
necessary. adjustments are made to the financial statements of subsidiaries to bring their accounting policies into
line with those used by the group.
The purchase method of accounting is used to account for business combinations that result in the acquisition of
subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given.
equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly
altribulable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities
assumed in a business cornbinalion are measured initially at their lair values at the acquisition date. Any excess of
the cost of the business combination over the acquirer's interest in the net fair value of the Identifiable assets,
liabilities and contingent liabilities recognised is recorded as goodwill.
Inter-company transaction5, balances and unrealised gains on Iransaclions be￿een the charity and its
subsidiaries, which are related parties, are eliminated in full.
Intra-group losses are also eliminated but may indicate an impaimient that requires recognition in the consolidated
rinanclal statements.
AGcounling policies of subsidiaries have been changed where necessary to ensure conslstency with the pollcies
adopted by the group.
Going concern
The trustees conslder that there are no material uncertaintles about the group's ability lo continue as a going
concern nor any significant areas of uncertainty that affect the carwng value of assets held by the group.
Key sources of estlmatlon uncertalnty
The trustees make estimates and assumplions about the future. These eslimates and assumplions impact
recognised assets and liabilities. as well as revenue and expenses and other disclosures. Estimates are based on
historical experience and on various assumpiions consldered reasonable under p￿¥allIng conditions. The actual
outcome may diverge from these eslimales if other assumptions are made, or olher conditions arise. The eslimales
and assumptions Ihal may have a significant effect on the amounts of assets and liabilities wilhin each financial
year include-
Useful economic lives of intangible and tangible fixed assets:
Tangible fixed assets are recognised at cost les5 accumulated depreciation, amortisation and any impairment.
Depreciation writes down the value of an asset to ils assessed residual value over the estimated useful lives of
assets. The carrying amount of fixed assels 15 tested as soon as changed conditions show that a need for
impaimient has arisen.
Page 19

Oocusign Envelope ID.. 55CC3A77-C2944887.A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Slatements for the Year Ended 31 March 2025
Income
All income is recognised once the charity has entitlement to Ihe income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Grants receivable
Other grants and grants for charitable activity purposes are included in the Statement of Flnancial Activitl8s on a
receivable basis. The balance of income received for specific purposes but not expended during Ihe period 15
shown in the relevant funds on the Balance Sheet.
Where income is received in advance of entitlement of receipt, its recognition is deferred and included in ¢redilors
as deferred income. Where ents'tlement occurs before income is received, the income is accrued.
Other tradinq actlvltles
Income from other trading activities is recognised in the period in which it Is receivable and to the extent the goods
have been provided or on completion of the service.
Investment Income
Interest on lunds held on deposit is included when recelvable and the amount can be measured reliably by the
group; this is normally upon notification of the interest paid or payable by the institution with whom the funds are
deposited.
Other income
Other income is recogni5ed in the period in which it is receivable and to the extent Ihe goods have been provided
or on completion of the service.
Expendlture
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar cosls to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a ba515 consistent with the use of resources, with central staff
costs allocateé on the basis of lime spenl, and depreciation Charges allocated on the portion of the assel's use.
Other support costs are allocated based on the spread of staff costs.
Ralslng funds
These are the costs incurred in trading activities that raise funds.
Charitable activities
Charitable expendilLtre comprises those costs incurred by the charity in the delivery of its activities and services for
Its benefiaaries. It includes both costs that can be allocated directly to such activities and Ihose costs of an indirect
nature necessary to support them.
Support costs
Support costs Include central functions and have been allocaled lo activity Cost Calegories on a basis consistent
with the use of resources. for example, allocating property costs by floor areas, or per capila, staff costs by the lime
spent and other costs by their usage.
Governance costs
These include the costs attributable to the charitys compliance with constilulional and statutory requirements,
including audit. strategic management and trustees meetings and reimbursed expense5.
Page 20

Oocuslgn Envelope ID. SSCC3A77.C2944887.A7ES.0gE472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Taxatlon
The charity is considered lo pass the tests set out in Paragraph 1 Schedule 6 01 the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is
potentially exempt from laxation in respect of income or capital gains received within categories covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to
the extenl thal such income or gains are applied exclusively to Charitable purposes.
Tangible fixed assets
Individual fixed assets costing £750 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated impaimient losses.
Oepreciation and arnortisation
Depreciation is provided on tangible fixed assets so as to wrile off the cost or valuation, less any estimated residual
value, over Iheir expected useful economic life as follows..
Asset class
Land and buildings
Furniture and equipment
Depreclatlon method and rate
straight line over 50 years
straight line and reducing balance
over 5 years
straight line over 20 years
Solar panels
Trade debtors
Trade debtors are amounts due Irom cuslom8rs for merchandise sold or services performed in the ordinary course
of business.
Trade debtors are recognised initially al the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for irnpairmenl. A provision for the impairment of trade debtors is
established when there is objective evidence that the charity will not be able to Gollect all amounts due according to
the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise amounts held in current bank accounts and petty cash balances.
Trade credltors
Trade creditors are obligations lo pay for goods or service5 that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months
after the reporting dale. If there is an unconditional right to defer settlement for at leasl twelve months after the
reporting date. they are presented as non-current liabilities.
Trade creditors are recognised initially at the transactlon price and subsequently measured at amortised cost using
the effective interest method.
Page 21

Oocusign Envelope ID.. 5SCC3A77-C2944BB7.A7E$09E47Z869FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Borrowlngs
Inleresl-bearing borrowings are initially recorded at fair value, nel of transaction costs. Interest-bearing borrowings
are subsequently carried at amortised cost, wlth the difference between the proceeds, net of transaction costs, and
the amount due on redemption being recognised as a charge lo the Statement of Financial Acts'vities over th8
period of the relevant borrowing.
Inlerest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are Glassified as current liabilities unless the charity has an unconditional right to defer settlement of the
liability for at least iwelve monlhs after the reporting date.
Fund structure
Unreslricled income funds are general funds that are available for use at the truslees discretion in furtherance ol
the objectives of the group.
Restricled income funds are those donated for use in a particular area or for specific purposes. the use of which is
restricted lo that area or purpos8.
Leases
Leases in which substantially all Ihe risks and rewards of ownership are retained by the lessor are classified as
operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a
straight line basis over the lease term.
Penslons and olher post retlrement obllgatlons
The group operates a dèfined Gonlribution pension scheme which is a pension plan under whlch fixed contributions
are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even
if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service In the
current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are
due. If contribution payment5 exceed the contribution due for service, the excess is recognised as a prepayment.
Flnanclal Instruments
The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value with the exception of loans which are subsequently measured al amortis8d cost using the effective
interest method.
Page 22

Oocusign EnvèJopÉ 10.. 55CC3A77-C2944887.A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
3 Income from donatlons and legacles
Unrestricted
funds
General
Total
2025
Donations and other fundraising
Other grant income
3,342
4,870
3,342
4,870
8,212
8,212
Unrestricted
funds
General
Total
2024
Donations and other fundraisin9
Other grant incorn8
1,$64
30,000
1.564
30,000
31,564
31,564
4 Income from charltable aclivities
Unrestrlcted
funds
General
Restrlcted
funds
Total
2025
Social prescribing, community provisions and education
Nursery
2,381,020
183.014
2,381,020
600,868
2,981,888
417.854
417,854
2,564,034
Unrestrlcted
funds
General
Restrl¢t•d
funds
Total
2024
Social prescribing, community provisions and education
Nursery
1,083.054
32,390
1,083,054
395,542
363,152
363,1 S2
1,115,444
1,478,596
Page 23

Docusign Envèlope 10.. $5CC3A77-C2944887.A7ES-0gE472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
S Income from other Iradlng actlvltles
Unrestricted
funds
General
Total
2025
Trading income:
Trading subsidiary income
234,997
234,997
234,997
234,997
Unrestricted
funds
General
Total
2024
Trading income..
Trading subsidiary income
189,419
189,419
189,419
189,419
6 Investment Income
UnroslrScted
funds
General
Total
2025
Interest receivable and similar income..
Interest receivable on bank deposits
1,152
1,152
1,152
1,152
Unreslrlcled
funds
General
Total
2024
Int8rest receivable and similar income..
Interest receivable on bank deposits
6.058
6,058
6,058
6,058
Page 24

' Oocusign Envelope ID,. SSCC3A77-C2944887-A7E&09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Other income
Unrestricted
funds
General
Total
2025
Insurance claim income
Rental income, room hire and other property income
134.475
184,182
134,475
184,182
318,657
318,657
Unrestrlcted
fund5
General
Total
2024
Insurance claim income
Rental income, roorn hire and othèr property income
34,465
207,706
242,171
34,465
207.706
242,171
8 Expendlture on raising funds
a) Costs of Iradlng activities
Unrestrlcted
funds
General
Rostricted
lund8
Total
2025
Note
Trading subsidiary costs
Staff costs
30.037
183,537
{27)
51,561
30,010
235,098
213,574
51,534
265,108
Unrestricted
funds
General
Restrlcted
funds
Total
2024
Note
Trading subsidiary costs
Staff costs
33,976
171,042
24,647
10,562
58,623
181,604
205.018
35,209
240,227
Page 25

Oocusign Envelope ID.. 55CC3A77.C2944887.A7ES.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Expendlture on charllable aclivltles
Unrestricted
funds
General
Restricted
funds
Total
2025
Total
2024
SoGial prescribing, community provision and
education
Nursery
382,444
487,950
1,477,308
92,263
1,859,752
580,213
1,507,016
411,943
870,394
1,569,571
2,439.965
1,918,959
Actlvlty
undertaken
directly
Actlvlly
8UPPOrt
costs
2025
Social prescribing, Gommunity provision and education
Nursery
1,477,308
482,656
382,444
97,557
480,001
Activity
Support
costs
1,859,752
580,213
1,959,964
A¢tivlty
undertaken
dlrectly
2,439,965
2024
Social prescribing, community provision and education
Nursery
1,104,050
344.523
402,966
67,420
470,386
1,507,016
411,943
1.448,573
1,918,959
In addition to the expenditure analysed above, Ihere are also govemanc8 Costs of £12,000 (2024 £11,850) which
relale directly lo charitable activilies. See note for further details.
10 Net Incomingloutgoing resources
Net incominglloulgoing) resources for the year include..
2025
2024
Audit fees
L055 on disposal of fixed assets held for the group's own use
Depreciation of fixed assets
12,000
11,850
5,567
57,641
67.188
11 Trustees remuneration and exponses
No trustees, nor any persons connected wilh them, hav8 received any remuneration from the group during the
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 26

Docuslgn Env•10￿ ID.. 55CC3A77.C2944B87.A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
12 Staff costs
The aggregale payroll costs were as follovts:
2025
2024
Slaff costs durlng the year were:
Wages and salaries
Social securtty costs
Pension costs
1,847,368
133,407
30,636
1.443.234
97,135
21.952
2,011,411
1,562,321
The monthly average number of persons (including senior management I leadership team) employed by the group
during the year was as follows=
2025
2024
Employees
101
92
Th8 number of employees whose emoluments fell within the following bands was..
2025
£70,001- £80,000
The toLql employee benefits of the key management personnel of Ihe group ware £288,072 (2024 - £233,422).
13 Auditors. remuneration
2025
2024
Audit of tha financial statements
12,000
11,850
Page 27

Docusign Envelope ID." 55CC3A77£2944887_A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
14 Taxation
The group is a registered charity and is therefore exempt from taxalion.
15 Tangible fixed asset5
Group
Land and
buildings
Fumiture and
equipment
Assets under
construction
Solar panels
Total
Cost
At 1 April 2024
Additions
2,120,208
176,915
138,221
36.641
55.800
2,314.229
1,095,007
881,451
At 31 March 2025
2,297,123
174,862
55.800
881,451 3.409.236
Depreclatlon
At 1 April 2024
Charge for the year
At 31 March 2025
321.664
45,811
92,737
18,587
23,018
2.790
437.419
67,188
367,475
111,324
25,808
504,607
Net book value
At 31 March 2025
1,929,648
63,538
29,992
881,451 2,904,629
At 31 March 2024
1,798,544
45,484
32.782
1,876,810
Included within the nel book value ol land and buildings above is £Nil {2024 - £Nil) in respect of freehold land and
buildings and £1,929,648 (2024 £1,798,544) in respect ol leaseholds.
Charity
Land and
building8
Furnlture and
equipment
Assets under
construction
Solar panels
Tolal
Cost
Al 1 April 2024
Additions
2,120,208
176,915
138,221
36,641
55,800
2,314,229
1,095,007
881,451
At 31 March 2025
2,297.123
174,862
55.800
881.451 3,409.236
Depreciation
At 1 April 2024
Charge for Ihe year
At 31 March 2025
321,664
45.811
92,737
18,587
23.018
2.790
437.419
67,188
367.475
111,324
25,808
504,607
Net book value
At 31 March 2025
1.929,648
63,538
29,992
881,451 2,904,629
At 31 March 2024
1,798,544
45,484
32,782
1,876,810
Induded within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of freehold land and
buildings and £1,929,648 (2024 - £1,798,544) in respect of leaseholds.
Page 28

Docusign Env•lop• ID,. SSCC3A77-C2944887.A7ES.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
16 Fixed asset investments
Charity
Shares In group undertaklngs and partlclpallng Interests
Subsidiary
undertakings
Total
Cost
Al 1 April 2024
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Details of undertakings
Details of Ihe investmenls in which the charity holds 20Ya or more of the nominal value of any class of share capital
are as follows-.
Country of
Incorporalion
Proportion of voting
righls and shares held
2025
2024
Principal
a¢llvity
Undertaklng
Holding
Subsldiary undertakings
Recruitment
and
employment
services
Ethical Recruiment Agency
(Grimsby) Limited
England and
Wales
Ordinary
100'1c*
1 OOYO
Subsldlarles
The loss for the financial period of Ethical Recruiment Agency (Grimsby) Limited was £25.553 {2024 - £37,817) and
the aggregale amount of capital and reserves al Ihe end of the perlod was £(10,691)12024 - £14,862).
17 Debtors
Group
CharSly
2025
2024
2025
2024
Trade debtors
Due from group undertakings
Prepayments
Accrued income
103.487
163,686
76,267
45.860
15,890
40,627
117,373
29,629
110,073
76,526
15.890
54,472
110,073
86.498
173,849
360,257
178,644
333,601
Page 29

Oocusign Envelope ID.. 55CC3A77-C2944887-A7e5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
18 Cash and cash equivalents
Group
Charity
2025
2024
2025
2024
Cash on hand
Cash al bank
1,146
253,995
1,416
267,445
268,861
1,146
242,813
1,416
260,232
255,141
243,959
261,648
19 Creditors." amounts falllng due wllhln one yoar
Group
Charity
2025
2024
2025
2024
Trade creditors
Other loans
Other taxation and soclal security
VAT liability
Other creditors
Accruals
22,520
24,162
7,292
26,472
7,471
5,477
107,344
178,218
22,089
23,059
7.292
20,002
34,059
5,258
11,510
92,729
28,170
11,510
89,229
4,614
104,244
166,076
148,998
159,211
20 Obligations under leases and hire purchase contracts
Op•ratlng lease commitments
Total future minimum lease payrnents under non-cancellable operating leases are as follows..
Group
Charity
2025
2024
2025
2024
Olher
Within one year
Between one and five years
3,390
2,852
1,469
2,836
3,390
2,852
1,469
2,836
6,242
4,305
6,242
4,305
Totel future minimum amounts receivable under non-c8ncellable operating leases lor the group and charity are as
follows..
2025
2024
Within one year
Between one and five years
20,600
21,458
20,600
42.058
42,058
62,658
21 Pension and other schemes
Deflned contribution pension scheme
The group operates a defined contribution pension scheme. The pension cost charge for the year represents
contrlbutions payable by the group to the scheme and amounted to £30,636 (2024 - £21,952).
Page 30

Docv5ign Envalop• ID-. SSCC3A77-C2944887.A7ES-09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
22 Funds
Group
Balance al 1
April 2024
Incoming
resources
Resource3
expended
Balanc• at 31
March 2025
Transfers
Unrestricted funds
General
Unreslricted General
Funds
727,974
980,872
(1,083,968)
624,878
Restricted funds
NBV of Fixed Assets
Stroke Courtyard
Empowering Places
Lotto Community Grant
Social Prescribing
SoGial Prescribing
Patient Budget
Advice
Wellbeing Hub
Simply Connect
PCN Link Worker
Peer Mental Health
Hardship Fund
Flt for Everyday
East Coast
Sport England
Thrive Diabetes
Green Social Prescribing
Masonic Trust
Tribune Trust
Household Support Fund
Youth Investment Fund
Supporting the Clinlcally
Vulnerable
Klckstart
Vaccination Capacity
Building
Nursery - DAFFEE
Nursery - Community
Mothers
Nursery - Pupil Premium
Nursery - Inclusion
Nursery - EHCP
Nursery - Wraparound
Nursery - Baby Room
1,298,757
455
1,615
251
78,087
105,588
(36,842)
889,815
1455)
(1,615)
1251)
(8,557)
2,257,318
489.576
(529,285)
29,821
55,447
128,434
22,220
27,423
57,404
91,103
4,250
<55,447>
(129,9401
(50,912)
{28,694)
<56,544)
<96,805)
14,000)
15,738)
(14,303)
15,695)
1877)
(70,258)
(10,782)
1450)
14,244)
(376,492)
18,466
7,235
16,960
(14,497)
(1,271)
940
21,413
2,704
4,549
54
11,715
349
27,470
9,218
2,550
2,210
26,736
6,960
80
27,115
2,454
10,287
14,357
11,110
6,300
1,226
99,288
20,000
3,000
6,454
1,193,805
{1,560)
93,760
(884,337)
1.006
919
1,006
919
8,500
8.621
8,500
12,352
3.921
{190)
34,308
66,893
23,820
24,246
15,775
30,993
17,366
{56,716)
(16,697)
{16,607)
44,485
7.123
7,639
15,775
30,993
15,313
(2,053)
Page 31

Oocuslgn Envelope 10.. SSCC3A77-C2944887-A7E5.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance at 1
April 2024
Incoming
resourcas
Resources
expended
Balance at 31
March 2025
Transfers
Nursery- Lincolnshire
County Council
ERA - Power to Change
ERA- Proud to Care
321
(27>
321
27
51,561
51,561
Total restricted funds
1,599,736
2,564,034
(1,621,105)
2,542.665
Total ftsnds
2,327,710
3,544,906
(2,705,073
3,167,543
Balance at 1
Aprll 2023
Incomlng
rgsources
Resources
expended
Balance at 31
March 2024
Unre5trlcled funds
General
Unreslricled General Funds
695,082
832,364
{799,472)
727,974
Daslgnated
Designated Funds
157,965
157,965
Total unrestricted funds
853,047
832,364
957,437)
727,974
Restricted funds
N8V of Fixed Assets
Stroke Courtyard
Empowering Places
Lotto Community Grant
Social Prescribing
Advice
Wellbeing Hub
Simply Connect
PCN Link Worker
Peer Mental Health
Hardship Fund
Fil for Everyday
East Coast
Sport England
Thrive Diabetes
Youth Investment Fund
Supporting the Clinically Vulnerable
Kickstart
Vaccination Capacity Building
Digital Library
CC Cash
CEV COVID
Gym
Love Where You Live
Wellbeing Weighing
Daisys Wish
North Lincolnshire Council
1,332,879
568
2,957
3,306
109,939
8,595
24,258
35.469
1,436
12.663
2,089
134,122>
{113)
11,342>
13,055)
{497,2311
(136,3031
157,137)
135,469)
154,347)
(87,774)
13,635)
19,033)
18,829)
{900)
{1,8541
186,3961
1.298,757
455
1,615
251
78,087
18,466
7.235
465,379
146,174
40,114
52,991
102.226
4,000
19,320
8,829
7,200
80
27,115
2,454
10,287
6,300
1,226
93,760
1,006
919
8,500
3.080
180,156
1,006
919
10,000
{1,5001
{5,6981
136,021)
(1,298)
(909)
{158)
{4,773}
{224)
124,397)
5,698
25,359
1,298
909
158
4,773
224
2,972
Page 32
10,662
21,425

Do¢usign Env8lope10." 55CC3A77.C2944887.A7E&09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance at 1
Aprll 2023
IncomSng
resources
Resources
expended
Balance at 31
March 2024
Energy Efficiency
Wami Space5
Nursery- DAFFEE
Nursery- Community Mothers
Nursery- Pupil Premium
Nursery- Inclusion
Nursery- Lincolnshire County Council
ERA - Power to Change
EFiA- Proud lo Care
ERA - SparkFund
10,000
(10,000)
(1,5001
(1,5471
(31.6351
(13,5841
(15,724)
1321
(20,104)
(2,380)
12,725
1,500
5,286
4,882
65,943
2,204
8,621
34,308
11,380
15,724
353
321
(27)
20,077
2,380
12,725
Total reslrlcted fund8
1,686,041
1,115,444
1,201,749
1,599,736
Total funds
2,539.088
1,947,808
2,159,186
2,327,710
Page 33

Docuslgn Envelope ID.. 55CC3A77-C2944B87.A7ES-09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
The specific purposes for which the funds are lo be applied are as follows..
NBV of Fixed Assets - represents the net book of fixed assets acquired using restricted funds.
Stroke Courtyard. Empowering Places and Lotto Community Grant - the amounts represented the net book value
of fixed assets acquired using the funds
amounts have been transferred to the single NBV ol Fixed Assets
balance above.
Social Prescribing funding provided to improve individuals management of their specific long-temi health
conditions.
Advice - funding provided under a service level agreement lo provide an Inlegrated Advice Service.
Wellbeing Hub - funding provided for a friendly sign-posting service to help find seNices, activities and events.
Simply Connect - funding provided for the provision of s8tvices and activities.
PCN Link Worker- funding to provide a Social Prescribing Link Worker.
Peer Mental Health - funding lo supply Peer Support Link Workers.
Hardship Fund - funding provided to assist with local hardship.
Fil lor Everyday funding to enab18 access to activities that support moderate physical activity in families.
East Coast - funding to deliver a programme of community activities.
Sport England - funding to deliver sports projects in response to the needs of young people.
Thrive Diabetes - funding to provlde support groups.
Green Social Prescribing - funding to deliver the Green Social Prescribing project in North East Lincolnshire.
Masonic Trust - funding to support the provision of a Community Link Worker.
Tribune Trust- funding to support a project to support safer communitles.
Household Support Fund - funding to provide local support.
Youth Investment Fund funding for the delivery of the Community Organisers Youth Programme
proportion of the funding has been used to fund an extension to the property.
a large
Nursery- various funding streams provided lo support nursery pupils and projects.
ERA - Proud to Care- funding towards the staff costs of Ethical Recruitment Agency (Grimsbyl Limited.
Material transfers in the funds analysis are included bvhere fixed assets have been acquired from individual funding
streams,
Page 34

Docusi9n Envelope ID.. S5CC3A77.C2944887-A7ES￿SE47288gFA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
23 Analysis of net assets between funds
Group
Unrestricted
funds
General
Total funds
at 31 March
2025
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
647,311
143,643
166,076
2,257,318
285,347
2,904,629
428,990
166,076
Tolal nel ass8ls
624,878
2,542,665
3,167,543
Unrestricted
funds
General
Total funds
at 31 March
2024
Restricled
fund$
Tangible fixed assets
Currenl assets
Currenl liabilities
574,135
332,057
178,2181
1,302,675
297,061
1,876,810
629,118
178,218
Total nel assets
727,974
1,599,736
2,327,710
24 Analysls of changes In net d•bt
Group
At 1 Aprll
2024
At 31 March
2025
Cash flows
Cash at bank and in hand
Dèbt du8 Wlthin one year
268,861
7,292
(13,720}
7,292
255,141
Net debt
261.569
6,428
Other
255,141
At 1 Aprll
2023
nonrycash
changes
At 31 March
2024
Cash flows
Cash at bank and In hand
Debt due within one year
Debt due after more than one year
602,635
{12,5001
6,250
1333,774>
11,458
268,861
(7.292)
{6,250)
6,250
Net debt
583,885
322,316
261,569
Page 35

Oocusi9n Envelope ID.. $5CC3A77-C2944887.A7ES.09E472889FA9
Centre4 Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
25 Related party transactions
Group
There were no related party transactions in the year.
Charity
During the year the charity made the following related party transactions..
Ethical Recruitment Agency (Grimsbyl Limited
Ethical Recruitment Agency (Grimsby) Limited ('ERA'I is a subsidiary of Centre 4 Limited.
During the year. the charity raised invoices lo ERA totalling £67.647 (2024 - £54,728).
During the year, the charity received invoices from ERA lolalling £50,132 (2024 - £34,078).. At the balance sheet
date the amounl due from Ethical Recruitmenl Agency {Grimsbyl Limited was £45,860 (2024 - £29.6291.
Page 36