ELLESMERE CHILDREN'S CENTRE A company limited by guarantee Report and Financial Statements For the year ended 31st March 2025 Registered Company Number: 03733859 (England and Wales) Registered Charity Number: 1082079 Ellesmere Childrens Centre Contents of the Financial Statements for the ear ended 31st March 2025 Page Legal and administrative i nformation Report of the trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to Financial Statements 8-12 Ellesmere Childrens Centre Com for the an Information ear ended 31st March 2025 Statu5 The organisation is a charitable company limited by guarantee, incorporated on 17 March 1999 and registered as a charity on 17 August 2000. The company was established under a memorandum of association which established the objects of the charitable company and is governed by its articles of association. Dlrectors and Trustees Every effort is made to ensure that we have a representative committee who are able to support the smooth running of our organisation. Members are recruited through relevant organisations, users of the service and those who work within the local community. Ellesmere presently has a wealth of knowledge and experienced committee members. Trustees Vivian Osborne David Campbell Yvonne Burrell Emma Rowlands Resigned 07106/2024 Resigned 1910712024 Appointed 0710712024 Appointed 1810712024 Appointed 2910712024 Dr Valerie Daniel Tony Hodge Adar Ali Secreta Re istered Off Ice 4 Maxwell Street Sheffield 54 71N Inde endent Examiners Enterprise Chartered Certified Accountants 8 Castle8ate Tickhill Doncaster DNII 9QU Bankers Lloyds TSB l High Street Sheffield SI 2GA Page I Ellesmere Childrens Centre Re ort of the Trustees - continued for the ear ended 31st March 2025 The trustees are responsible for keeping accounting records which disclose with reasonable accuracv at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Financial Review At a time of economic uncertainty where there have been considerable cuts in the levels and availability of funding to the charitable and voluntary sectors, the trustees are proud to report a retained surplus in the year. The retained surpluses are being designated into funds to support the growth and longevity of the centre in the coming years. The trustees wish to extend their thanks to all staff, volunteers, funders and supporters for their asslstance in helping us achieve our goals. Approved by the trLJStees on 2025 and Signed on its behalf bv.. David Campbell Trustee Page 4 Inde endent Examiners Re Ellesmere Childrens Centre for the ear ended 31st March 2025 ort to the Trustees of We report on the accounts of Ellesmere Childrens Centre for the year ended 31 March 2025 which are set out on pages 6 to 12. Res ective res onslbillties of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for this year (under section 14511) of the Charitie5 Act 2011 and than an independent examination is needed. It is our responsibility to.. examine the accounts (under section 145 of the Charities Act 20111,. to follow the procedures laid down in the General Directions given by the Charity Commissioners lunder section 145{5llbl of the Charities Act 20111,. and to state whether particular matters have come to our attention. Basis of inde endent examlner's re My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. ort Inde In connection with my examination, no matter has come to my attention.. endent examiner's statement iii which gives me reasonable cause to believe that in any material respect5 the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006,. and to prepare accounts which accord with accounting records, comply with the accounting requirernents of section 386 of the Companies Act 2006 and with the method and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met,. or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Jon Lister FCCA Enterprlse Chartered Certifled Ac¢ountants 8 Castlegate Tickhill Doncaster South Yorkshire DNII 9QU Dated: Page 5 Ellesmere Childrens Centre Statement of Financial Activities includin for the ear ended 31st March 2025 Income & Ex enditure Account Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Notes INCOMING RESOURCES Incoming resources from the operating activities of the Charity: In furtherance of the objectives Investment income Capital Grants Other income 40 515,104 8,230 40 515,104 8,230 244,695 38,513 38,513 22,27 TOTAL INCOMING RESOURCES 561,886 561,886 266,969 RESOURCES EXPENDED Charitable expenditure: Activities in furtherance of the charity's objects ManaEement and administration 336,723 49,543 336,723 49,543 235,130 33,590 TOTAL RESOURCES EXPENDED 386,266 386,266 268,720 NET IOUTGOINGI / INCOMING RESOURCES 175,621 175,621 11,7511 Total funds brought forward 421,848 417,819 839,667 841,41" TOTAL FUNDS CARRIED FORWARD 597,469 417,819 1,015,288 839,667 All of the result5 relate to continuing activities. Page 6 Ellesmere Childrens Centre Balance Sheet as at 31 March 2025 Re istered Com Number: 03733859 2025 2024 Note FIXED ASSETS Tangible assets 678,206 582,923 CURRENT ASSETS Debtors Cash at bank and in hand io 343,415 343,415 261,529 261,529 CURRENT LIABILITIES Creditors due within one year li 6,333 4.785 NET CURRENT ASSETS 337,082 256,744 TOTAL ASSETS LESS CURRENT LIABILITIES 1,015,288 839,667 FUNDS Unrestricted funds Restricted funds 12 13 597,469 417,819 421,848 417,819 TOTAL FUNDS 1,015,288 839,667 These financial statements have been prepared in accordance with the special provisions for 5rnall companies under Part 15 of the Companies Act 2006. The company is entitled to exemption from the audit requirement contained within section 477 of the Companies Act 2006, for the year ended 31 March 2025. No member of the company has deposited a notice pursuant to section 476, requiring an audit of these accounts. These financial statements were approved by the trustees on The directors have acknowledged their responsibilities for preparing account which give a true and falr view of the Company and of the profit/loss (which ever is applicable for the year then ended in accordance with the requirements of the Companies Act 2006 and which otherwise comply with the requirements of this Act relating to accounts, so far as applicable to the Company. The directors have acknowledged their responsibilities for ensuring that the Company keeps accounting records which comply with the Companies Act 2006. David Campbell Director Date: Page 7 Ellesmere Childrens Centre Notes to the Financial Statements for the ear ended 31st March 2025 I ACCOUNTING POLICIES Basis of accountin The principal accounting policies which are adopted consistently in the preparation of the financial statements are set out below. al Basis of accountlng The financial statements have ljeen prepared in accordance with the Companies Act 2006, the Charities Act 2011 and the statement of Recommended Practice.. Accounting and Reporting by Charities IFRS1021 issued in January 2015. bl Incoming resources All income resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity. are recognlsed when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. Investment income is included when receivable. Incoming resources from Erants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its perforinance. C) Resources expended Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive for any VAT which tan be recovered. Allocation of ex enditure Certain expenditure is directly attributable to specifie activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activitytr are apportioned across categories on the basis of an estimate of the proportion of time spent by staff on those act5vities. dl Tangible fixed assets and depreclatlon Tangible fixed assets are included In the balance sheet at tost or at market value at the date of the Elft. Depreciation is provlded on all tangible fixed assets at rate5 calculated to wrlte off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are.. Fixtures and fittings 25% Reducing balance Page 8 Ellesmere Childrens Centre Notes to the Financial Statements- continued for the ear ended 31st March 2025 Fund accountin The funds held by the charity are either: Unrestricted general funds- these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Designated funds - these are funds set aside by the trustees out of restricted general funds for specific future purposes or project5. * Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2 Donations, legacies and slmllar Incoming resources 2025 2024 Room Hire 40 40 3 Actlvltles in furtherance of the charlty's activities Unrestricted Funds Restricted Funds Total 2025 Total 2024 In furtherance of the objectives Grants received., Sheffield CC 121314 FELI Child care fees DLUHC Sundry income National Lottery Community Fund Reaching Communities Yorkshire and the Humber Main Grants Sheffield College MHCLG 184,267 184,267 99,948 42,724 94,512 4,000 94,512 4,000 2,306 99,717 157,379 1,098 73,848 157,379 1,098 73,848 515,104 515,104 244,695 4 Investment income 2025 2024 Bank interest 8,230 Page 9 Ellesmere Childrens Centre Notes to the Financial Statements- continued for the ear ended 31st March 2025 5 Allocation of resources expended Charitable activities Management & admin Total 2025 Tota 2024 Staff Costs Property costs Administrative expenses Other 223,822 70,967 41,934 31,975 10.138 5,991 1,440 49,543 255,796 81,105 47,925 1,440 386,266 204,073 18,879 44,520 1.249 268,720 336,723 Of the above expenses £99,717 relate to Restricted Funds. 6 Staff numbers and costs 2025 2024 Staff costs.. Wages and Social security costs 250,758 201,528 The average number of full-time equivalent employees (including casual and part time staff) during the year was as follows.. 2025 Number 12 2024 Number io There were no employees with emoluments above £50,000. None of the trustees received any remuneration or reimbursernent of expenses during the year 7 Net income resources This is stated after charging: 2025 2024 Depreciation Independent examination 155 155 900 1,055 155 8 Taxation The charity is exempt from corporation tax on its charitable activities, Page 10 Ellesmere Childrens Centre Notes to the Financlal Statements- continued for the year ended 31st Marth 2025 9 TANGIBLE FIXED ASSETS Equipment, fixtures & fittlngs Land & Buildlngs Total COST At 1st April 2024 Additions Revaluation Adjustment 580,859 95,438 28,802 609,661 95,438 At 31st March 2025 676,297 28,802 705,099 DEPRECIATION At 1st April 2024 Charge for year 26,738 155 26,738 155 At 31st March 2025 26,893 26,893 NET BOOK VALUE At 31st March 2025 676,297 1,909 678,206 At 31st March 2024 580,859 2,064 582,923 10 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Childcare fees Prepayments Other debtors 11 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Nest Pension Other tax and social security Accruals and deferred income 1034 4004 1,295 6,333 3,490 1,295 4,785 Page 11 Ellesmere Childrens Centre Notes to the Financial Statements- continued for the year ended 31st March 2025 12 Unrestricted funds Balance at 1st April 2024 Incoming resources Resources expended Balance at Transfers 31st March 2025 General fund 334,348 561,886 386,266 509,969 Desi nated funds Redundancy & exit costs Building repairs fund New project fund 87,500 87,500 87,500 87,500 Total unresticted funds 421,848 561,886 386,266 597,46S A formal policy on reserves was adopted by the trustees at their meeting held 21st April 2004 and is reviewed annually by the management committee and the board of trustees. 13 Restricted Funds Balance at 1st April 2024 Incoming resources Resources expended Balance at Transfers 31st March 2025 417,819 417,819 14 Analysis of net assets among funds Unrestricted Funds 2025 2024 Fund balances at 31st March 2025 are represented by: Tangible f ixed assets Net current assets 678,206 337,082 1,015,288 678,206 337,082 1,015,288 582,923 256,744 839,667 Page 12