Company Reglstratlon Number 03487584
Charity Number 1068857
The Meadows Day Centre Ltd
{A Company Limited by Guarantc¢)
Unaudited Flnancial Statements
for the year ended
31 March 2025
,)1

The Meadows Day Centre Ltd
Financlal Statements
For the year ended 31 March 2025
INDEX
Legal arKI Administrative Infomiation
Trustees, Annual Report
Independent Examinerfs Report
ststement of Financial ActNities
Balance Sheet
Notes to the Financial Statements
9t019

The Meadows Day Centre Ltd
Legal and Admlnlstrative Infonnation
For the year ended 31 March 2025
The membors of tha
commlttee
Mrs Brenda Ruysen
Mr Timothy Barzycki
Mr Patrick Skells
Mr Bary Elliott
Mrs Lynn Franklin
Mr Anthony Cronin
Mrs Chery Jeffery
Chair from 18 February 2025
VI￿ Chair from 18 February 2025
Chair to 18 February 2025
Vice Chair to 18 February 2025
Company secretary
Mr Patric* Skells
and principal office
1 The Meado
Park Road
Spalding
Llncs
PE11 1XR
manager@themeadowsspalding.co.uk
Website
VwMV.thernead￿pald1ng.¢o.uk
Indepèndent Examiner
Kenneth Maggs
Chartered Accountant
16 Hoekman Way
Spaldirg
PE11 3HE
Banke
National Westminster Bank Plc.
28 Market Place
Spalding
Lincs
PE11 1ST
The Charlty Bank Limited
Fosse House
182 High Slreet
Tonbridge
Kent
TN9 1BE
Sollcltors
Chattertons
Dembleby House
Broad Str&t
SpaldirwJ
Lincs.
PE111ES

The Meadows Day Centre Ltd
Trust￿￿. Annual Report
For the year ended 31 March 2025
The trustees, vtho are also directors for the purposes of the Companies Act, present their report and the financial
statements of the charity for the year ended 31 March 2025.
Legal status
The Meadows Day Centie Ltd is a coiiipai iy liwwiile(J by guarantee, vthlch was Incorporatett on 31 DecemDer l 997
and is registered in England and Wales as a charity (charity number 11K8857, company number 3487584).
Objectives
The principal purpose of the company is to continue to promote ￿ relief of the elderly in ary manner, which now or
hereafier may be deemed by law to be charitable. in and around SpaldiiTrJ. Tllii4 5taletnent is Incorporateo In the
companys Memorandum and ￿tiCleS of Association, a￿1 encapsulated in our mission statement. 'enriching life for
the elderv,.
The companls principal actiwty is the provision of a day care seNce for the elderty with medium dependency
needs, in Spalding. Pinchbeck and surrounding villages. This service was fomierly provided by Spalding District
Day Care Age Con￿rn {￿DDCAC), an unincorpoiated group forine(J iri 1982 dtKI manageo by a sieemng
committee. With effect from the 6 April 1998, the company subsumed all the assets, liabilities and activities of the
SDDCAC.
The Meadows Day Centre Ltd is an independent compary but remains in contact with similar charities.
The trustees are responsible for the overall management and control of the company, Strong￿ aided arKI supported
by the management team. consisting of Miss M Wenham and Mrs C Stimson. The day to day management of the
Servi￿ is the management team's key responsibilty vthich is delivered throwh the valued support of seven other
staff members. volunteers and other supporters from NMthin the communrty.
Utilisatlon of investment funds
General and restrtclett furKls surplus to immediate nee(Js were p￿VIousty held on Instant Ac￿sS Deposit Accounts
with Bardays Bank and National Weslminster Bank and the Charity Bank. During 2011112 more funds were moved
on to fixed rate deposits, with a term length of 1 year in order to maxirnise the interest that can be received. This
policy was amended to a 40 day noti￿ account from 2022123 in order to access fijnds quicker if required. The
board has agreed thal all interest received is lo be applied to the general funds. Interest earned on restricted funds
ryll remain in that category only where the donor or grantor has specifically instructed that interest eamed is applied
to the capital sum. No instructions have been received to this effect.
Revlaw of actlvitles
The Charity had a very suc￿Ssful year entirety down to the dedication and hard work of stsff. volunteers and
Trustees. As the close of the year, the Centre was Funning at full capacty wfjth a waiting list arml without having to
advertise. This was a very great achievement as tt had taken some years to recover from the COVID closures.
Consultations ￿fjth dients confinn how very pleased they are vAth the serv[￿S they receive at The Meadows. Staff
and volunteers continue to support the dtents in the various daity activities ￿kn1¢h include a delicious hot lunch from
the excellent hands of the cooks. The kj'tthn had a surprise visit from LCCISHDC Environmental Health and came
out with a top 5" rating.
The staff also continuousty vhxk hard ￿eal1r0 fund-raising opportunities including in-house raffles and tornbola's,
bingo nights, the South Lincs Communty Lottery arKI a stall at the Spalding Flower Parade. They encourage
publicity in the local papers and on-line to ensure the Vlryder communty a￿ aware of the services available at The
meado1￿. They also have Suc￿sfUllY arranged for outside organisations lo support the activibes at the Centre.
These indude GreenvEII Horticultural Therapy, Spald1￿ Golf Club. Adutts Move. Phoenrx Choir. U3A Choir and
more. Woodhead Bros (Morrisons Manufacturing) have continued to support T￿￿ Meadows Imth coming to serve
meals at Christmas vAth the food and items ttw donate to us.
In June of this financial year. the Cetrtre submrtted its tender to Lincolnshire County CouncAI. The submission was
successful and the new contract was entered into on the 1 September for a tw) year period. Mary thanks to the
hard work of Maisie Wenham and the Trustees helped in completing the tender document.

The Meadows Day Centre Ltd
Trustees. Annual Report (contlnued)
For the year ended 31 March 2025
Review of actlvlties (continued)
During the year, a new dishwasher was purchased and the heating pump replaced. The most exciting purchase,
however. was the new bath instslled on the last day of the financial year. The total cost was £12,175. The
purchase was made possible through the hard work of Trustee Anthony Cronin secured grant funding from
The Green Hall Foundation and the Cloth￿rkerS Foundation. The Spalding Goff Club raised £3,000 and proceeds
from the 'Slip n Trip Show, and an anonymous donation. brought the final funds needed to secure the new bath.
Gracious thanks to everyone who supported the new bath drive which enables this most important servtc£ to
continue at The Meadows.
The Fumiture Recycling ￿as successfulty dosed during the year desprte it being a difficult decision to take. The
process required the sale ot any remaining fumiture and the delivery van. The Trustees supported these final sales
by volunteering on site. Any remaining items ￿ere donated to the charities Boxes of Hope and Age UK. The lease
was to terminate on 30 September. ho￿￿ver. the ovmer agreed an earlier tennination date ￿leh was a grateful
bonus to the final cost of the closure. The Trustees V*ish to thank the manager. Richard Walmsley, for his years of
Servi￿ and dedication to the Fumrture Recyding. Over many years, the profits secured from the sale of fumiture
provided much appreciated additional funds for Thg. Meadovts.
During the year, clients and individuals requiring Info￿natIOn and Advice continued to be directed to the Citizens
Advice Bureau and Age UIQ HovEver, Maisie Wenham had supported some applications for Disabled Parking
Permits and Attendan￿ Allowance. Looking to the future, Trustee Cherry Jeffrey hopes to be able to retum to
providing Infonnation and Advi￿ on behalf of the Meadows.
Futuro plans and risks
Going into the year ahead. the financial position of The Meadows is sourKI as the Centre is working to capacity.
The Meadows is blessed with eX￿lIent financial support from Catherine Kisby who continues to maintain detailed
financial projections, budgets and actuals enabling management and Trustees to make infomed decisions.
The I rustees have increased staff pay irpline V*ith the govemmerrt changes to the national minimum wage and
employers national Insuran￿ corrtributions. The T￿￿teeS and management remain committed to keeping the day
care costs to clients as reasonable as possible.
After Christmas, both Carot Skn'mson and The Trustees discussed the changes in Management. Carol wanted to
step down from the management team and remain as senior carer. making Maisie Wenham sole manager. Both
Carol and The Trustees felt this was the rigm thing to do and Maisie officialty moved to sole Manager on 1 April
2025. The Trustees thank Carol for her continued support.
For Ihe next year, it is also hoped to look at expanding to another member of staff. This is based on the struggle in
recruttment of new volunteers and the increase in client support needs. Assuming the year ahead continues to
create a positive financial Position. an increase in stsff at The Meadows should be successful.
Morrisons Manufacturing are supporting The Meadows again with replacing all emergency lighting. This 15 a
significant donation to the centre and will help to ensure tegislation is being correctly follomed.
A major priorty Vthryll be the securing of funds to replace the existing mini-buses. The Trustees and management are
considering various grant funds coupled wtth the expansion of community participation and donations.
Volunteers
The Meadows, like so mary other charities, relies heavity on the support from volunteers. The management is very
grateful for the volunteers provide care for the clients and assist as mini-bus drtvers and escorts. The
recruitment of new volunteers continues to be an issue and can be problematic. Continued advertising and
encouraging the wider community to l)eGome a part of Tlie MeadowE is ongolng.
We thank our volunteers personally On￿ a year when we hold an afiemoon event, wth entertainment and food,
dedicated to them.

The Meadows Day cent￿ Ltd
Trustees. Annual Report (continued)
For the year ended 31 March 2025
Financlal results
The results for the year. and the charws financial postlion at the ertd of the year, are shown in the attached
financial statements.
Reservgs
During the year and V•ith the guidance from Ken Maggs. the Trustees were advised to establish a formal ReseNes
Policy. As the Charity was holding a substantial amount of cash reserves, these funds would be best identified as
designated reserved funds. A reserves policy explains to funders. donors, beneficiaries and other stakeholders
why a charty is holding a parlicular amount of reserves. These reserved funds would be hpld for their designated
use onty. The Trustees resolved to establish the following resep4e funds:
£20,000 for replacement Mini-buses.
£20.000 for buÉlding repairs arKI maintenance.
£10.000 for unexpected opeTalional experL8PS
Trustees would review the reser￿ policy at least annualty.
There is therefore £50,000 of designated funds leaving unrestricted funds of £89,385. The 'Free reserves. therefore
equates to £47,276. The trust* consKler that they require funds equating to three months working capital
amounting to approximatety £65.000.
The free reserves are therefore short by approximately £17,700 and therefore the trustees will be looking at ways in
ich they can raise these additional funds ne￿sary.
Trustees
The trustees tho served the charity durinq the year were as follows..
Mrs Brenda Ruysen
Chair from 18 February 2025
Mr Timothy Barzycki
VI￿ Chair from 18 February 2025
Mr Patrick William Skells
Chair lo 18 February 2025
Mr Barry Elliott
Vice Chair to 18 February 2025
Mr Anthony Cronin
Mrs Lynn Franklin
Mrs Cherry Jeffery
Trustees
New trustees are recruited from a group tho have shown a keen irrterest in the vth of The Meadows Day Centre
Ltd and have abilities required on the goveming body. Training is provided to keep trustees up to date with new
legislation etc. on a regular basis.
The major risks to vthich the charity is exposed, as identified by the Trustees, have been reviewed and systems
have been established to mitigate the risks.
No trustee has any beneficial interest in the company. All trustees are members of the compary and guarantee to
contribule £1 in the event of a ViifKling up. There were seven guarantors at 31 March 2025.
The chairperson and members of the Board, as appointed in accordan￿ with the charitable companYs Articles of
Association. are elected at the Annual General M￿ting at least once in every three years.

The Meadows Day Centre Ltd
TrUSt￿s. Annual Report (contlnued)
For the year ended 31 March 2025
Rasponslbllftles of the trustees
Company law requires the truSt￿S to prepare financial statements for each financial year which give a true and fair
review of the state of affairs of the charity at the end of the year and of the incoming and outgoing reSoUr￿S for the
year ended 31 March 2025.
In preparing these financial statements, the trustees are required to selecl suitable accounting policies and then
app￿ them consistently. making judgements and estimates that are reasonable and prudent. The trustees must
also prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
charity will continue its activities.
The trustees are responsible for keeping proper accounting records which disclose ￿asOnable accuracy at any
lime the financial position of the charity and to enable them to ensure that the financial statements comply wth the
Companies Act 2006. The tTUStees are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and deteciion of fraud and other irregularities.
Reportlng accountant
A resolution to re-appoint Mr K J Maggs as Independerrt Examiner for the ensuing yEar ￿11[ be proposed at the
Annual General Meeting.
Signed by order of the trustees
Mrs Brenda Ruys
Chair
Date." ..
. 2025

Independent Examinerfs Report to the trustees of the
The Meadows Day Centre Ltd
I report to the charty trustees on my examination of the accounts of company for the year ended 31 March
2025, ￿1¢h are set out on pages 7 to 19.
Responsibllftles and basis of report
As ine cnarrty trusiees of Ihe company {anO also Ils directors for the purposes of company law) you are responslble
for the preparation of the accounts in acconsance with the requirements of the Companies Act 2006 ('the 2006
Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, l ￿port in Tespect of my examination of your companys accounts
as carried out untJer section 145 of the Charities Act 2011 (Ihe 2011 ACY). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confinn that rK> material matters have come to my attention in connection with
the examination giving me cause to believe that in ary material respecL
accounting records V4pre not kept in respect of the company as required by section 386 of the 2006 Act: or
2. the accounts do not accord those records. or
3. the accounts do not compty the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a Irue and fair ￿ev1 is not a matter considered as part of an
independent examination" or
4. the accounts have not been prepared in accordano v￿th the methods and principles of the Statement of
Recommended Practice for accounting and reporting by chartties applicable to charFties preparing their
accounts in accordano wrtn the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
(FRS 102)
I have no concems and have come across no other matters in connection ￿th examination to ￿[ch attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
aggs B.A..
Chartered Accou
Spalding
. 2025

The Meadows Day Centre Ltd
statement of Financial Activtties (Including Income and Expenditure account)
For the year ended 31 March 2025
2025
R￿tricted
Funds
2024
Total
Funds
Unrestricted Funds
Continued Discontinued
Total
Funds
Note
Income from:
Legacies and donations
Fundraising events
Charitable activities
Other trading activrties:
Fumiture recyding ￿ntre
Investments
10.0(
2,842
201,567
1,465
11.471
2.842
211,367
12,756
4,003
168,907
3,422
3,422
2,074
231,176
43,924
1,680
231,270
2,074
Total Income
216,489
3,422
11,265
Expendlture on:
Charitable activities
197.638
4,984
202.622
24,196
226,818
187,443
43,679
231.122
Other trading aCtI￿]eS
Total expenditure
24,196
24.196
197,638
4,984
Not (expenditure) I Income
18.851
(20.774)
6.281
4,358
148
Transfers between funds
10
(22.098)
(3,247)
20,774
1.324
7.605
Net movement in funds
4,358
148
Total funds brought fotward
Total furKls carried foward
142,632
199.508
342,140
346,498
341,992
139,385
207,113
342,140
The charity has no recognised gains or losses other than the results for the year set out above.
The notes on pages 9 to 19 form a part of ttrEse accounts.

The Meadows Day Centre Ltd
Balance Sheet
At 31 March 2025
2025
2024
Note
Fixed assets
Tangible assets
237.926
231,503
Current assgts
Stocks
Debtors
Cash at bank and in hand
1,281
24,203
89,157
114.641
10,063
21,535
84.967
116,565
Creditors: Amounts falllng due within
ona year
(5,928)
(6,069)
Net current assets
108,572
346,498
110.637
342,140
Totsl assets less current liablllties
Funds
Unrestncted funds
General funds
Designated funds
89,385
50,000
142.632
Restrlcted funds
10
207,113
346,498
199,508
342,140
The trustees are satisfied that the charity is entttted to exempts.on from audit of the financial statements for
the year under Section 477 of the Companies Act 2006 (the Act) relating to small companies and that the
members have not required the company to obtain an audit in accordance with Section 476.
The trustees acknowledge their responsibilities for:
ensuring that the charity keeps proper accounting records thich comply Vlith sectton 386 of the
Act, and
preparing financial statements vthich give a true and fair view of the state of affairs of the charity
as at the end of the financial year and of ils profit or loss for the financial year in accordance with
the requirements of section 396, and which otherwise comply with the requirements of the Act
relating to finanaal statements, so frdr as applicable to the charity.
The accounts have been prepared in accordance vath the provisions appiicable to Companies subject to the
small companies regime.
These financial statements vEre approved by the Trustees on the .2CI
signed on their behalf by.
(li)
2025 and are
Mrs Brenda Ruy
Chair
Mr Tlmothy Ba
w1￿-ChaIr
Compary Number: 03487584
The notes on pages 9 to 19 form a part of these accounts.

The Meadows Day Centre Ltd
Notss to the Financial Statements
For the year anded 31 March 2025
1. Accounting Policles
General Inforniation and basls of accounting
The Meadows Day Centre is a compary limited by guarantee registered in Englarmd and Wales. In the event
of the charitsoie company Delng woun(J up, tlie liability in respect of the guarantee is limtted to £1 per mamber of
the chartiy. The number of guarantors at 31 March 2025 was 7 (2024- 7).
The address of the registered Offi￿ of the charty is given in the tharity infonnation on page 1 of these financial
statements. The nature of the charitys operations and principal activities is the provision of day care servI￿S for
the elderly.
The charity constitutes a public benefft entity as defined ty FKS 102. The financlal statements have been piepared
in accordan￿ vlith Accounting arKI Reporting by Charities: Statement of Recommended Practits applicable to
charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102), the Charities Act 2011. Companies Act 2006 and UK Generally AC￿pted
ccounting Practice.
The financial statements are prepared on a goTng concem basis under the historical cost convention, modified to
indude certain items at fair value. The financial statements are presented in sterfing which is the functional
currenw of the charity.
Funds
Unrestricted funds are available for use at the discretit)n of trustes in furtI￿ranCe of the general objectives of
the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The
aim and use of each designated fund is set oui in the notes to the financial statements.
Restricted funds are funds which are to be used in accordan￿ with specific restrictions imposed by donors or
which have been raised by the charity for parttcular purposes. The cost of raising and administering such funds are
Gharged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial
statements.
Income recognition
All incoming resources are included in the Statement of Financial Actiwties ￿en the charity is legalty entff(led to the
income after any performance conditions have been met. the amount can be measured reliabty and tt is probable
that the income will be received.
For donations to be recognised the chatity vill have been notified of the amounts and the settlement date in ￿lting.
If there are conditions attached to the donation and this requires a level of perfonnance befo￿ entitlement can be
obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within
the control of the charity and it is probable that they will be futfilled.
Donated facilities and donated professional se￿I￿S are recognised in income at their fair value when their
economic benefit is probable. it can be measured reliably and the charity has control over the item. Fair value is
determi[￿d on the basFS of the value of the gift to the chaiity.
No amount is induded in the financial statements for volunteer time in Sine V￿th the SORP (FRS 102). However, the
trustees estimate the potential Val￿ of volunteer time to the charity is in the region of £48.634 (2024 - £47.234) for
27 (2024 - 25) volunteers.
Gifts in kind donated for resale are induded at fair value, being the expected proceeds from sale less the expected
costs of sale. Where estimating the fair value is practicafjle upon receipt it is recognlsed In stock and 'lflbUITJe froiii
other trading activittes,. Upon sale, the value of the stock is charged against 'lncome from other trading activities,
and the proceeds are recognised as 'lncome from other trading activities.. Where it is impracticable to estimate fair
value the items due to the volume of low value items they are not recognised in the financial statements until they
are sold. This income is recc#3nised vAthin 'lncome from other tradiro activities,.

Tho Meadows Day Centre Ltd
Notes to the Financial Statements (continued)
For the year ended 31 March 2025
l. Accounting Pollcies (contlnu8d)
Income recognttion (continued)
Fixed asset gifts in kind are recognised vknen receivable and are included at fair value. They are not deferred over
tne lite of tne asset.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being
re￿iVed. At this point income is recognised. On occasion legacies will be notified to the charity however it is nol
possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a
contingent asset and disclosed.
Income from government and other grants are rewniseAJ al falr value vthen the chdrity lias entitlement after any
performance conditions have been met, it is probable that the income will be received and the amount can be
measured reliably. If entillement is not met then these amounts are deferred.
Income from trading activities indudes income eamed from fundraising events and trading activities to raise funds
for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is
recognised when entiuement has occurred.
Interest income is recognised using the effective interest method and dividend and rent income is recognised as
the chariws right to receive payment is established.
The charity has trading activities relating to a fumiture recycling ￿ntre. Nthich has now dosed. Income was
recognised on a receipts basis as no credit facAlities a￿ provided.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all
costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make
payments to third parties, it is probable that the setdement will be required and the amount of the obligation can be
measured rellably. It is caiegoiised uiiuer Uie following headings:
. Charitable activtties includes all other costs to the charity and are detailed in note 3 to financial statements.
These expenses are subcategorised between charitable activities. support costs and govemance costs.
. Other trading activities indudes all c¢)sts to the Fumitwe recydirKJ centre. The activities of the (Entre are the
collection and sale of second hand fumiture to create donated income for the charity. The costs are detailed in note
4 to the financial statements.
. Following the closure of the Fumiture Recyding store the twstees made the decision to open the unit on a
limlled number of days. The remaining stock being signfficantly redU￿d in order to sell as much as possible. Any
remaining stock was donated to other chartties. A shortfall on prO￿edS against the value of tne stOCK, as at 31st
March 2024, led to a charge of £9.121 against 'Other trading activities: Fumiture recyding centre,.
. Other expenditure represents those Items not falling into Ihe categories above.
Irrecoverable VAT is charged as an expense against the activrty for vthich expeThJrture arose.
Support costs are those that assist the work of the charity but do not directy represent charitable activities and
indude office costs. govemance costs. administrative payToII costs. They are incurred directly in support of
expenditure on the objects of the chartty and indude project management carried out at Headquarters. Where
support costs cannot be directty attributed to particular headings they have been allocated to cost of raising funds
and expenditure on charitable activttEs on a basis consistent Vlith use of the resources.
Governance costs are costs of charitable activities but those vknith relate to the govemance and stewardship of the
charity rather than directly to the adivities themsdves.
Fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impaimient losses. Cost
includes costs directty attributable to makirKJ the asset capable of operating as intended.
10-

The Meadows Day Centre Ltd
Notes to the Flnancial Ststements (contlnued)
For the year ended 31 March 2025
1. Accounting Pollcles (contlnued)
Depreciatlon
Depreciation is provided on all tsngible fixed assets. at rates calculated to vKite off the cost, less estimated residual
Vdlu¥, uf asset on a 6y8tematiG basis over its expeGted u3eful life a3 follo￿".
Freehold buildings
2.5% reducing balance
Lifeline telephones
50% reducing balance
Fixtures and office equipment
33% reducing balan
Motor vehides
250kn reducing balance
Kitchen and general equipment
20% reducing balanee
Depreciation is not provided on freehokl land.
Stocks
stock consists of food, deaniNJ matertals aThd donated goods. Food arml deanit¥J material slocks are valued at
cost which includes all costg of purchase. costs of cnnversion and othp.r e.nsts incxjrred in bringino stock to its
present location and condition. Provision is made for obsolete and slow-movirvJ stock vthere appropriate
Donated stocks are fair valued as desuibed earlier.
Debtors and credltors receivablelpayable within one year
Debtors and creditors with no ststed interest rate and receivable or payable vathin one year a￿ recorded at
transaction pri￿. Any losses arising from impairment are recognised in expenditure.
Operatlng lease agrnements
Rentals applicable to operating leases ￿ere substantialty all of the iEneffts and risk of ownership remain with the
lessor are charged against profits on a straight line basis over the periou ot Ihe lease.
Employee benerts
The charity operates a defined contribukion pension scheme for employees. The assets of the scheme are held
separately from those of the charity. The annual contrib￿lOnS payable are chaTged to the Statement of Financial
Activities.
Taxation
The charty is an ÈxÈrnpt charty within the mÈaning of sctr￿ule 3 of the Charities Act 2011 and is considered to
pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it rn￿ts the definition of a
charitable company for UK corporation tax purposes.
Golng concern
The financial statements have been prepared on a going concem basis as the trustees believe that no material
uncertainties exist. The tnjstees have considered the level of funds held and the expected level of income and
expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is
sufficient wth the level of reserves for the charity to be able to continue as a goirg cOn￿rn.
11

The Meadows Day Centre Ltd
Notes to the Financlal S￿￿ements (continued)
For the year ended 31 March 2025
1. Accounting Pollcles (contlnued)
Judgements and kèy sources of tstlmatlon uncertainty
The preparation of ￿ fjnancial statements requires management to make judgements, estimates and
assumptions tnai affeci ine amounts reportetl. T￿￿e ¥biiiiiale& and judgements are Gontinualty reviewed and are
based on experien￿ and other factors. including expectations of future events that are believed to be reasonable
under the circumstances. Revisions to accounting estimates are recognised in the period in which the estimate is
revised if the revision affects onty that period or in the period of revision and future periods if the revision affects
both current and future periods.
The usaful aconomic life used to amortise intangible assets and depreciatp tAngible fixed assets relates to the
expected future perfomiance of the assets acquired and management's estimate of the period over whid)
economic benefit v4ill be derived from the asset.
The residual value of an asset is the estimated fair value of that asset at the end of its useful economic life and
therefore is also dependent upon the estimation of that life span.
Historically, changes to tlie useful economic lite anu residual values nave not had a tnatetial itnpdLI un the
amortisation or depreciation amount charge to the Statement of Financial Activities.
Cut-off is applied at Ihe year end date. An estimation of income or expenditure applicable to the
relevant period must be applied when the re￿Ipl or paJThent relates to a different period to the year
end.
2. Charitsble activttles Income
Unrestrlcted Rostrictod Total Funds
Funds
Funds
2025
Total Funds
2024
Day Centre activiiies
Grants re￿IVed..
UK Govemment: Lincolnshire County
Council Social Servi￿$
165.724
165,724
129,732
35.843
35,843
39,175
Clothworkers, Foundation
4,800
5,000
Green Hall Foundation
5.000
9.800
45.643
39,175
201,567
g,800
211.367
168,907
12-

The Meadows Day Centre Ltd
Notes to the Financlal Statements (continued)
For the year ended 31 March 2025
3. Charltable actlvities axp9nditure
Unrestricted Restrlctad Totsl Funds Total Funds
Funds
Funds
2025
2024
Direct activities
Food purchases and activities
Motor expenses
Depreciation
Loss on disposal of tangible fixed
Electricity, gas and water charges
Telephone
Insuran
Repairs and renewals
17.191
8.928
2,371
898
8,235
3.506
4,711
5.888
51,728
17.191
8,928
7,355
898
8.235
3,506
4,711
5.888
56,712
15.062
7,269
8,124
148
5.274
3,186
4,500
11.799
55,362
4,984
4.984
Support costs
Staff costs
Office costs
Consultancy costs
Travel and stihqistence
Training and sundries
Cleaning materials
Bank charges
120,735
5.641
2,131
22
189
1,394
719
133.090
6.173
2.131
133,090
6,173
2.131
506
1,163
739
506
1,163
739
143,802
143,802
130,831
Govemance costs
Accountsncy and payroll
Independent examinerfs fees
1.333
775
1,333
775
515
735
2.108
2,108
1,250
Total charitable activities expenditure
197,638
4,984
202,622
187,443
ék Other trading actlvftles expenditure
Unrestricted Restricted Total Funds
Funds
Funds
2025
Total Funds
2024
Fumiture recycling ￿ntre..
Furniture donation to other charities
Furniture collection costs
Rent and maintenan
staff costs
Insuran
utilities
Repairs and renewals
Advertising
Telephone
Accountsncy
Bank charges
9.121
127
2.298
11.778
455
125
9.121
127
2,298
11,778
455
125
3,025
11,352
22.571
1.436
1.371
18
2,786
255
516
349
198
67
198
67
27
27
24,196
24,196
43,679
13-

The Meadows Day Centre Ltd
Notes to the Financlal Statements (continued)
For the year ended 31 March 2025
5. Staff costs and omployeo beneffts
2025
2024
The aggregate payToII costs vEre:
Wages and salaries
Redundancy payment
Self employed
Social security costs
Other pension costs
130,052
6,162
2,030
3,827
2.797
144,868
130,603
6,992
3,151
2,560
143,306
No employees receive(I total emplosee benefts (excludiroJ employer pension costs) of more than £60.000.
The average number of staff employed bthich also equates to the full time equivalent during the year was as
follow8:
2025
2024
No.
No.
Full time
Part time
Payroll staff
Self employed
No amounts are payable to the trustees in respecl of remuneration but reirnbursement of travelling expenses can
be made.
6. Tangible fixod assets
Freehold
Fixtures and
Land and
Llfe•Linè
Office
Motor
Bulldings Telephones Equipment Vehlcles
Kltchon and
General
Equipment
Total
Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
345.569
2.295
26,174
59,094
60,073
15.655
(8.271)
67,457
493,205
15,655
(21,465)
487,395
(13,194)
45,900
345.569
2.295
26.174
Dopro¢latlon
At 1 April 2024
Charge for the year
On disposals
At 31 March 2025
126.961
4,091
2.295
25,458
249
52,811
1.345
(12,225)
41,931
54,177
1.670
(7.363)
261,702
7.355
(19,588)
249,469
131.052
2,295
25.707
Nat book valuè
At 31 March 2025
214,517
467
3,969
18.973
237,926
At 31 March 2024
218,608
716
6,283
5.896
231,503
Freehold land and buildiros indudes land costing £55.000. which is not depreciated.
14-

The Meadows Day Centre Ltd
Notes to the Financlal Statements (continued)
For the year ended 31 March 2025
7. Debtors
2026
2024
Trade debtors
Prepayments
Accrued income - Grants
12,618
5.585
6,000
24,203
13,313
8,222
21,535
8. CredtioT5: Amounts falling due within one year
2025
2024
Trade creditors
Other creditors
Taxation and social security
Pension contribution liability
Accruals
1,533
247
1.463
382
953
426
1,313
293
2.943
5,928
6,069
9. Unrest￿Ctsd and Designated funds
Movoment In resources
Balance at Movement
1 April 2024 Sn funds
Balance at
utillsed 31 March 2025
Designation
General funds
142.632
(3,247)
(50.000)
89,385
Deslgnated funds..
Replacement Minibuses
Building Maintenance & Repair
Operational Expenses
20,000
20,000
10,000
20,000
20.000
10,000
139,385
142.632
(3,24
The respective deslgnated funds are being ptrt aside funds for.
the repla￿ment of MinT-buses ￿then they fall due. enabling dEnts to continue attending sessions,
for building repairs and rna1ntenan￿ as things fall due under maintenance and property plans,
for unexpected operational expenses vthich are expenses which have regularty occurred over the years and
often relating to govemment policy changes.
10. Restrlcted funds
Movement in resources
Balance at
1 April 2024 Incomlng
Balance at
Transfers 31 March 2025
Outgoing
Day Cerrtre fund
Machinery and Equipment fund
Ambulance Repla￿ment fund
Life-line fund
197.903
893
{3.478)
(182)
(1.324)
194.425
11.976
11.265
1,324
712
712
199,508
11,265
4,984
1.324
207,113
15-

The Meadows Day Centre Ltd
Notes to the Financlal Statements (continued)
For the year ended 31 March 2025
10. Restricted funds {contlnued)
Day Centre Fund - This fund was set up to acquire the Day Centre and the balan￿ of the fund will be used to fund
future developments, maintenance of the day ￿ntre fabric and other on-going costs of the centre building. Any
deficits on this fund wll be supported by the unrestricted furKd.
Machlnery and Equipment Fund - This fund Was establtshed to cover donations received by the charity in order
to acquire necessary machinery and equipmenl for the charitys use. Any cash balances resulting from
preferentially negotiated pri￿S Nyill be used for future acquisitions.
Ambulance Replacement Fund - This fund was establis1￿d by the Trustees on 10 November 2001. The fund will
help finance the acquisition of future ambulan￿ repla￿MentS and any necessary major overhauls on CUTrent
vehides. At the end of the year this fund vras in deficit ￿lch was furKled by general funds.
Lifa-line Fund - This fund finan￿ the capital and Maintenan￿ of the lrf&line telephones.
Boiler Fund - This fvnd represents monies received from Persimmon Homes, Community Champions scheme in
the comparative year, specificaSty towards replactng the t)oiler ￿lch had broken dovm in the ￿ntre.
Transfers relate to monies held for the Day Centre vthith could be used for Ihe specffic item in another restricted
fund.
I l. Anatysis of net assets
Tangibl8
fixed assets
Other net
assets
Total
Unresti7¢ted funds
General fijnds
Designated funds
(See note 9)
(See note 9)
32,519
56,866
50,000
1(￿.866
89,385
50,000
139.385
32,519
Restricted funds
Day Centre fund
Machinery and Equipment fund
Ambulance Repla￿ment fund
Life-line furKI
189,462
11,976
3.969
4,963
194.425
11,976
(3.969)
712
712
205,407
1.706
207,113
346,498
237,926
108,572
12. Control relatlonshlp
The charity is controlled by the trustees jointly and no irKlividual can or does exert control over the others.
13. Operating leases
The total fijture minimum lease payments under noFFL3ncellable operating leases are as follov¥S:
2025
2024
Not later than one year
Later than one and not later than fNe years
3,218
6.372
3,218
9,590
9.590
12,808
16-

The Meadows Day Centre Ltd
Notes to the Financlal Statements (continued)
For the year ended 31 March 2025
14. Fund comparatlves
2024
Restrlcted
Funds
Unrestricted Funds
Contlnued Dlscontinued
Total
Funds
Income from..
Legacies and donations
Fundt3ising events
Gharttable acuvltles
11,756
4.003
12, 756
4,003
168.907
168.907
Other trading activities..
Fumiture recycling centre
Investments
43,924
43,924
1.680
231.270
1,680
186.346
Total income
43.924
1.000
Expenditure on."
Chan"table acbvities
178.336
9.107
187,443
Other trading actmties
Total expenditu
43,679
43,679
43,679
231,122
178,336
9, 107
Net Ancome/ (oypenditure)
Transfers he￿een funds
8,010
(1,519)
6,491
245
(8, 107)
1.764
(6,343)
148
(245)
Net movement in funds
148
Reconciliation of funds."
Total funds brought fO￿ard
Total funds carried forwany
136. 141
142,632
205,851
199.508
341,992
342, 140
Charitable activities income
2024
Unrestricted Restrlcted fotal Funds
Funds
Funds
2024
Day Cent￿ actNibes
129, 732
129, 732
Grants ￿e1ved..
UK Govemment.. Lincolnshi￿ County Council Social
Semces
39,175
39,175
168,907
168,907
17-

The Meadows Day Centre Ltd
Notes to the Financial Statements (contlnued)
For the year ended 31 March 2025
14. Fund comparativos (contlnued)
2024
Unrestncted Restricted Totsl Funds
Funds
Funds
2024
Charitable activities expendltu
Direct activities
Food purchases and activities
Motor expenses
Depreciation
Loss on disposal of tangible fixed
Electricty, gas and water Cha￿eS
Telephone
Insurance
Repairs and renewals
15,062
7,269
2.555
15.062
7.269
8,124
148
5,274
3.186
4,500
11,799
5.569
5,274
3, 186
4,500
8,261
46.255
9, 107
55,362
Support costs
Staff costs
0}Ti￿ costs
Consultancy costs
Travel and subsistence
Training and sundries
Cleaning materials
Bank charges
120, 735
5,641
2, 131
22
189
1,394
719
120, 735
5,641
2.131
22
189
1.394
719
130,831
130,831
Govemance costs
Accountancy andpayroll
Independent examinerfs fees
515
735
515
735
1,250
1,250
Total charitable 8Ctiwties expenditure
178,336
9,107
187,443
Other trading activiti.es expenditure
Un￿Stneted Restricted Total Funds
Funds
Funds
2024
Fumtiure recycling centre..
Fumiture collection costs
Rent and maintenan
Staff costs
Insurance
utilities
Repairs and renewals
Advertising
Tekphone
Accountancy
Bank Gharges
3.025
11.352
22.571
1.436
1.371
18
2, 786
255
516
349
3.025
11,352
22,571
1,436
1,371
18
2. 786
255
516
349
43,679
43,679
18-

The Meadows Day Centre Ltd
Notes to the Financial Statements (continued)
For the year ended 31 March 2025
14. Fund comparatlves (Continued)
Unrestricted and Designated funds
Movement in resources
Balance at Movement
l Apnl 2023
In funds
Balance at
Utilised 31 March 2024
Designatlon
General funds
136.141
6.491
142,632
Restncted funds
Movement in resources
Balance at
1 Apn"12023 Incoming
Balance at
Transfers 31 March 2024
Ou¢going
Day centre fund
Machinery and equipment fund
Ambulance replacement fund
Life-line fund
Boiler fund
204,017
1. 122
(3,576)
(229)
(1,764)
(2.538)
797,903
893
1, 764
712
712
(3,538)
9.107
2.538
205,851
1.764
199, 508
Analysis of net assets
Tangible
fixed assets
Other net
assets
Total
Day ￿ntre fvnd
Machinery and equipment fvnd
Ambulance replacement fund
Lrf&line fund
192,940
4.963
197,903
893
5,293
(5,293)
712
712
199, 126
32,377
382
110,255
199,5Q8
142, 632
Unrestricted funds
231,503
110,637
342, 140
19-