Company registration number: 03900665
Charity re￿&￿allOn number.. 1089619
The Tin Hat Centre
(A company limited by guarant¢¢)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
*ADSRRAQ8'
2210612024
COMPANIES HOUSE
A16
Community A￿ounting Plus
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL

The Tin Hat CeDtre
Contents
Ref¢renc¢ and Administrative Dethils
T￿￿tees, Report
2to5
Independeni Examinees Report
Statement of Financial Activities
7t08
Balance Sheet
Notes lo tbe FAnaociat Statements
IOto20

The TID Hat Centre
RefereDce and AdminAstrative Details
Trustees
Shirley Hawkins, Chair
The Hoo. Joan Taylor, Vice Chair
Cindy Rossiter
kngela Elizabeth Peppard
MicbaEI Hcal
Senior Management TeAm
Chris Tomlinson. Centre Manager
Charity Reglstratiou Number
1089619
Company Rezlstradon Number
03900665
Reglstered Offlee
Matthcw Holland Complex
Chapel Road
Selston
Not(inghan￿￿1Te
NG16 6BW
Independent ExamlDer
John o￿neD, cmployee of
Community Accounting Plus
Units l & 2 North West
41 Talboi Strect
Nottingham
NGI 5GL
Pagc I

The Tln Hat Centre
Trustees, Report
The tnlstees, who are directors for the pwposes of company law. prcseni the annual report together witb the
financial staTrments and auditors, rel￿ of the clwitable company for the year ended 31 March 2024.
Trustees Ind oftl¢¢r$
The trusTres and officers serving during the year and since the year end were as follows:
Trustees:
Sbirley Hawkins. Cbair
The Hon. Joan Taylor, Vicc Chair
Cindy Rossitcr
Angela Elizabeth Peppard
Michael Heal
Amanda Collins (resi8n¢d l O May 2023)
Strnctur4 governantt and m#n•£ement
Nature ofgoverning documenl
The charity is a company limitcd by guarantec and re￿stered charity. It is operated under the ndes of its
m¢moraDdum and article5 of association dated 22 December 1999, as amended by Special resolutlOD on 16 May
2001, 28 Octobcr 2001 and 16 October 2006. It has no share capital and the liability of cach member in the
event of winding-up 1$ limit¢d to £1.
Recruilmenl and appoinhnenl of Iruste
Vacant positions are advertised on thc Tin Hat Ccntre websi(e, through social medi4 in house adveni8ingJ and
ommuniry n¢wsJ¢tt¢TS. All applicauons Arr prescnted at a Trustee Mcctin8 and applicants undcrso an iufornjal
interview prior to a decision being made.
Objecrfvu and a¢dvld¢i
Objects 41mS
To provide the Parish of Selston and wider commutiity with an accessible multi-purpose facility focusing on
education, trainiDg and community resources.
Publlc beA¢J71
Commwiity Rnd college courscs;
Community resources such as Foodbank and Library:
Garden and Cafe.
Health and wcll-beiDg via 88rdcDing groups, bealthy eating and Yoga;
Social ¢v¢nts'
Foodbank and warn] space.
Advice and sigllposting.
These activities benefit pubij'c by providing trainin8 and oppomll]ity to learn new skills, volunteering, essential
support via Foodbank and warni space for thosc Struggling with foodlfucl povety. infonnation and advice.
social 5pa¢¢. befriending. health and wcll4)eing.
The trnstecs collfirnj that they have eomplied with th¢ requirements of section 17 of the Charities Act 2011 to
have duc r¢8ard io the public benefit guidance published by the Cbarity Commission for Eugland and Wales.
Page 2

The TID Hat Centre
Trustees, Report
Achievem￿nts And perfor0￿￿¢¢
Approximately 16,500 users came to the Ccntre over the last 12 months.
8,900 accessed colle8e or community courses.
2.040 accessed the Library;
110 familics supported through the Foodbank.
1,300 attendd ¢ommuDiry ev￿ts.
500+ advicc 2nd signposting.
A huge thank you to each and every funder wbo bas supported us over the last year, We would simply not be
able to function as we do without your cssential support.
Special Thanks go to:
The NAtionAI Lottery Community Fund
Nottingharnshire Community Foundation
Nottinghamshire County Council
A5bfield Distrief Council
Sainsbury's
Gillots Funernl Directors
ScLston Co-op
MorrisoD5
Localgiving
J.N. D¢rbyshir¢ Ttust
Nottinghamshire Frcemasons
Rotary of West Ashfield
The Albert Hunt Trust
The Thomas Farr charity
L￿￿ Ltsl Charity Pot
SelsLon High School
P. Hughes Construction
Coalfiel(Ls Regcnerdtioo Tn￿t
kna 2 Barbersbop and KoD8 Tattoo 8tydi0
Masonic Charitable Foundation
underv￿Qd C of E School
Selstoll C of E School
Brinsley with UDdenvood Church
St Helens Church
HollyhAII School
SelstoD Mcthodist Church
Fitially our wottdwful con]muaity and individual donators for all of your support over th¢ last 12 months.
Page 3

The TID Hat Centre
Trustees, Report
Flnancial review
Thanl(s to funders we are in an adquatc position Cu￿cUtIy.
Pollcy on resenpe
The T￿￿teeS have established a rescTves policy to CDsure that adequatc fimdiDg be kept in reserle in the event
thar the project ceases duc to lack of funding, committee resignatioa or other ctrrnstances. The level of
reserves will be monitored regularly and reviewed aDnuaily by the Monagcment Committ¢e. The charity now
has res¢rvcs to covcr three months running costs.
Prin¢ip41 risks and uncertainties
Financial risky
Termination of leases;
Loss of fuoding.
Page 4

The TID Hat Centre
Trustees, Report
ststement of Respon$lblllties
The trustees (wbo are also the dir¢tor8 of The Tin Hat Centy¢ for th* pury08e8 of ¢omp•ny1ow) •re responsibl¢
for pr¢parin8 the trustees, r¢port and the financial statemcnts in accordance with applicable law and Uniled
Kiogdom Aco)witin8 Statsdards (United Kin8dom G¢nernlly Ae¢epted AccA)untinB Pmtice), in¢ludin8 FRS
102 'The FinJn¢ial R¢portin8 st￿d)rd applicable in the UK and R¢publi¢ of Irel•nd" Thc report ac¢owits
have been prepared in accordance with the provigions in the Companies Act 2006 r¢lJtiDg to smll ¢ompmies.
Company low requires the truste¢8 to Prepar¢ finan¢ial stst¢m¢nts for ¢Acb finftnciil y¢ar. Under company IAW
the ttu51¢cs must noi approve thc finAD¢i41 stht¢m¢nts uni¢ss they are Satisfied that they 8J've a lrne and fair vi¢w
of the state of affairs of the ¢haritabl¢ company and of the incorning Tcsources and application of resources,
in¢luding it$ in¢orne ond expenditure. of Ihe ¢h8ritsble Company for that p¢riod. In preparing these fin￿¢111
gtsi¢m¢nts, th¢ trust¢¢g Ire required to..
Stleth Suitable iecounting policies and apply ¢on8isiently
observ¢ th¢ methods aftd principl¢$ in th¢ chariti￿ SO1￿.
mok¢ jud￿rnents ond estimates that ar¢ reasonable and prud¢n¢
sthte whether ￿Plicable o¢¢ouotftng sthndard$, wmprising FRS 102 bave beeTh follow¢4 subje¢t to any
rnateri￿ departur¢g disclos¢d and explained ID the finaDcial slai¢menls' and
prepare the fllwictal ststements on the 8Otn8 cojcern basls unless it is inappropriate io prwme that th¢
charitable coMp￿Y will continue in busines5.
The trustees are responsible for ke¢pin8 pmper accountlD8 records thot can di$close with reuonabl¢ accuracy at
any lime the financial posits'on of the clwitable cornpany •nd enabl¢ th¢m to ¢n8ur¢ that th¢ fuwicial statements
comply with the Companies Act 2006. They are also responsible for safegu￿dID8 the ￿Sets of the chari¢able
compaDy hence for takinB reawnoble slep8 for th¢ prevention Ind detection of frdud and otbeT irre8uIArities,
The tN8tees ar¢ re$pon8ibl¢ for th¢ maintenance and ini¢gn'ty of the ¢orpornic and fin•nci•l infornM¢ion
included oo the ch8ritabl¢ companY8 website. Lcgiglalion governiD8 the pr¢pirntion •nd di$%minalion of
fiJ•nCl￿ 8lat¢m¢nts may diff¢r from1¢8islatioD in other jUTiidictioM.
Small tomp•nle& provlsloft itstemenl
This Teport has been prepared in a¢¢ord8nrx witb dse small compMie¥ r¢8ime und¢r th¢ Companies Act 2006.
The thnual report was approved by the trustees of the ¢hArity ots 2//06/z¥and $i8ned on its beh￿r by:
Shirley
Trust¢¢
aw
Page 5

The TID Hat Centre
Independent Examiner's Report to the trustees of The Tln Hat Centre ('the Compgny,)
Independent examfner's report to the trustees of The Tin Hat Centre ('the Company,)
I report to the cbarity tnL%tees Oll my examination of the accounts of the company for the year ended 31 March
2024.
Respon$lbUltles and basis of report
As the charity's trustees of the Company (3nd a150 Its directors for the purposes of company law) you are
responsible for the preparauon of the accounts in accordance with the requirements of thc Compatiies 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 elAgible for independent examination, I report in respect of my examination of your charity's
accounts as carried our under section 145 of Ihc Charities A¢t 2011 ('the 2011 Act,). In carying out my
examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the
2011 ACL
Independent examlner's itstement
I have completed my cxamination. I confinn that no matters have come to rny attention its CODJ)ection with the
examination g]ving mc cause to beb'cve that in any tnaterial rcspcct:
l. accountittg records were Dot kept in respect of the Company as required by section 386 of the 2006 Ac4 or
2. thc accounts do not accord with those records. or
3. thc accounts do not comply with the accounting requlrements of scction 396 of the 2006 Act oth¢r than any
rcquirement that the accounts ￿ve a 'lrne and fair, vi¢w wbith is not a matt¢r ¢oDsid¢rcd as part of an
Andependenl examination. or
4. the accounts have not been prepared in accordance with the methods and principles of the Ststement of
Recommended Practice for accounting and reporting by cbariLies [applicable lo ¢baritie8 preparin8 th¢ir
accounts in Accordance with the Finan¢ial Reporting Standard applicable in the UK and Republic of trel8lld
(FRS 102)].
I have no concerns and have come across no other matters in wnnection with the exAmination to wlu'ch attention
should be drawn in this repon in order to enable a proper understanding of the accounts to be reached.
John O'Brien Msc, FCCA. employee of ComTnunity A¢countinB Plus
Fellow of tILe Association of Charity tndependent Examiners
UniLq l & 2 North West
41 Tglbot Street
Nottingbam
NGI 5GL
Page 6

The Tin Hat Centre
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income And Expenditure Account and Statement of Total Recognised Gains
and Losses)
Tot41
2024
Totil
2023
Unrestrlcted
Re$trl¢t¢d
Note
Income and Endowrn¢Dts from:
Donations and legacies
Charitable activities
Other trading activities
InvesLYneni income
5,628
62,209
54,661
1.533
5,628
124,474
54,661
1,533
2,566
80,427
43,786
787
62.265
Totsl Income
124,031
62,265
186,296
127,566
Expendlture on:
Charitable activiti¢B
121,189
94,670
215,859
183.677
Total Expendirure
121,189
94,670
215,859
183.677
Net incomel{expenditure)
Transfers between funds
2,842
32,733
(32,405)
32,733
(29,563)
(56,111)
Nct movcmcnt in fuDds
(29.891)
328
(29.563)
(56,111)
Reconclllatlon of fundi
Totsl funds brou8ht for*vard
88,698
877 166
965,864
1021975
Tolal fiJnd5 carried forward
20
877 494
936301
All of the charity's activities derive from continuing operations during the above rwo periods.
The funds breakdown for the period is shown ID note 20.
The notcs on pages io to 20 foim an integral part of these f￿ancial statemcnts.
Page 7

The Tin Hat Centre
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised GAins
and Losses)
These are the figures for the previous aecountlng perlod and are Included for eomparative
purpo$¢s
Unrestrleted
fuDd5
Resrrl¢ted
funds
Total
2023
Not¢
Income and Endowments from:
Donations and legacies
Charitable activities
other trading activities
Ittvescmenc ittcome
2,566
56,710
43,786
787
2.566
80,427
43,786
787
23.7J7
Totsl income
103,849
23,7l7
127,566
Expendlture on:
Cbaritable activiti
134,360
49.317
183,677
Total expenditure
134,360
49,317
183,677
Net expenditure
30,511
25.600
56,111
Net movernent in fi￿dS
(30,511)
(25.600)
(56,111)
Rtconclllatlon of fundi
Total funds brou8ht fonwd
119,209
902.766
021975
Total funds carried fonvard
20
88.698
877 166
965 864
Tbc notcs OD pages i O to 20 form an in1¢gr￿ part of these flliancial statcments.
Page 8

The Tln Hat Centre
(RegistrAtioD number: 03900665)
Balanee Sheet as 1131 Mgreh 2024
2024
2021
Not¢
Flxed a88tts
TanEible assets
12
853,007
861.333
Current •JRts
Debtors
Ca5b at bank #nd in hand
13
10,162
10221
108 698
104.410
118,919
Credlton: Anwunts falling due wllhln one ye*r
J5
17.388
et ￿rrellt Auets
81,294
101,531
Net #Mets
936
Funds of tbe ¢barlty:
RHtrl¢t¢d In¢ome fund•
Re*ri¢t¢d funds
20
877,494
877.166
Uorestrleted In¢om• fundi
Unrestricted fiuMIs
58.807
88,698
Totsl
20
936.301
For the yeAr ending 31 March 2024 the charity was tntitled to cxemption from audit under Section 477
of the Compaoies Act 2006 relitin8 to small ¢ompatii¢s.
Dire¢tOrn' Teyin8ibilitie8:
The members have Dot required the charity to obtsin an audit of its a¢CQUDts for the year iti quesiion in
accordance with section 476. and
The dir¢¢tors thowledge their responsibiliti¢3 for wmplying with the requir¢ments of th¢ Act with T¢8pect
to accounting rccwds and ihe preparation of 4cco)mts.
These fitwici81 sts*m¢nts hwve becn prepared in ￿COrd￿nce with the special provisions relati1)8 to compjni
subje¢t lo thc 8mAII companiès rtsime within Part I S of the Companies Act 2006.
The financial Ststements on pages 7 to 20 were approved by the trusiees. and authorised for issu¢ on
2//96lz. ¥ . Signed on their bebalf by:
Shirley Ha
Tn￿lee
The note5 on pages 10 kn 20 forni an inte￿￿ part of these fu)8ncial stalements.
Page 9

The Tin Hat Centre
Notes to the Financial Statements for the Year Ended 31 March 2024
l Atcountlng poll¢ies
Summary ofslgnlfi¢ant ic¢ouDdng polldes 2nd key 4eeountlng eit5mAtes
The principal accounting policies applted in the preparation of tbesc financi81 statemcnts are sct out below.
These policies have been cot)sistcntly applied to the ycus prcscnt¢￿ unless otherwise stated.
Staternent of compliance
The financial statejnents bave be¢n prepared in accordance with Accounting and Reporting by Charities:
Statcment of Recornmended Practice (applicable to Charities preparing their accounts in aC￿rdance with the
Financial Reporting StsDdard applicable io the UK and Republic of Ireland (FRS 102)) (issucd in October 2019)
(Charities SORP (FRS 102)), the Financial R¢porting Stalldard applicable in the UK and Republic of Ireland
(FRS 102) and thc Companics Act 2006.
Basls ol preparatlon
The Tin Hat Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
ioitially reco￿lSed at historical cost or rxansaction value unless otherwtse stated in the relevant aeeountillg
policy noles.
Going conctrn
The financial ststcments havc been prepared on a Boing concern basis.
The tsus1c￿ assess wh¢th¢r the use of going con¢¢m 18 appropriaf¢ i.e, wb¢th¢r th¢re arc any material
uncertainties related to events or conth'tions that may c8St significant doubt on the ability of the cbarity to
continue as a going concern. The tn￿teeS make this a5sessmeDt in respect of a period of one year from the date
of approval of the fthonci&l slatements.
Eiempdon from preparlng * eash llow $tst¢ment
Under the exemption available to 8ma]ler charities the Board of Trustees has chosen oot to include a SÉa¢ement
of Cash Flow5 within tbe financial S￿leMentS.
lTr¢ome and endowments
Volunlary income including donations, gitis, Icga¢ies aud grants that provide core funditig or are of a general
nature is recognised when tbe charity has entitlement to the incom4 it is probable that the iticome will be
reccived and thc arnount can be measured with sufficient reliability.
l)onatio1￿ and legacles
Donacions are Tccognised when the charity has been notified in writing of both the amount and settlernent date.
JD the event that a donation is subject to ￿ndItiOnS that Iequire a Jevel of performance by the chariry before the
¢barity is eJ)titled to thc funds, the incomc is deferred and not recognised until either those CODditions arc fiWy
mel or the fulfilmenl of those condits'oDS is wholly within the control of the charity it is probable that these
conditions will be fidfllled ill the reportin8 pcriod.
Grants re¢ei¥qble
Grants arc rccogniscd wb¢n the ¢harity has att ¢ntitl¢mcnt to the fimds and any ¢onditioos linked to the grants
have been meL Where perfornian¢e Conditions are atlached to the grant and are yet lo be mel the income is
recognised as a liability and included on the balance sbeet a5 defertred incom¢ to be released.
Page 10

The TID Hat Centre
Notes to the Financixl Statements for the Year Ended 31 Mareh 2024
Deferred income
Deferred income represents amounts received for ￿tllre periods and is released to incoming resources in the
peTiod for which, it has been received. Such income is only deferred when..
- The donor specifies that the wt or donation rn￿81 only bc ￿5¢d in future accounting periods. or
The donor has imposed conditions which musi be met befoTe thc chJrity has uncondilional ¢ntitl¢ment.
Exptndltuye
All expenditure is recognised once there is a Icgal or constructive obligation to that expenditure, it is probable
settlement is required aDd the amount can bc measured reliably. All costs are allocated to the applicable
¢xptnditure heading that a8gregal¢ similar costs to thai ¢aiegory. Where costs cannot bc directly attribuied to
particular heading5 they bave been allocatcd oll a basis CODSiStent with the use of resourccs, with central staff
osts allocated on the basis of time spent. and depreciation charges allocatcd on the portion of thc assct's use.
Other suppor¢ ¢osts are allocai¢d based on the spread of staff oosts.
Chdrlioble aiyivili
Ch4ritablt expenditure wmpri8¢8 those costs incurred by the cbarity in the delivery of its activities and seryirxs
foT its beneficiaries. It includes both costs that can be allocat¢d directly ￿ sucb activities and those costs of an
indirect nature necessary co support them.
Government grants
Govenunent grants are recognised based on the accnjal model atsd arc measured at the fair value of the asset
rcccived or Teccivablc. Grants arc classified a5 relatiD8 either lo revenue or to assets. Grants relatin8 ¢0 revenue
ar¢ recogniscd in income ovcr the pcriod in which thc relatrd costs aTC reco￿lS¢d. Grants relats'n8 to asscts a
recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is
reCo￿lS¢d as deferred income.
T&x*tlon
Th¢ charity is considered to pass the (csts set out in Paragraph I Scbedule 6 of thc Ftnance Act 2010 and
th¢r¢fore li meets the dcfinitioo of a charltablc compaDy for UK corporation thx purposes. Accordingly, the
¢h8riry is potentially ex¢mpt from tsxation in respcct of income or capital gains Tcceived within catcgories
covered by Chapter 3 Part I l of the Corporation Act 2010 or Section 256 of th¢ Taxation of ChaTgeable
Gains Act 1992, to the extent thai such income or gains are apptied exCl￿81velY to charitabl¢ purposes.
T4nglble flxed asset$
Indivith]al fixed assets costing £500.00 or more are initially rccorded at cosl less any subscqucnt accumulated
deprcciation and subs¢qucnt a￿umulated impainnent losses.
Depreci*t6on 2nd amortisation
Depreciation is provided on tangible fixed assets so as to ￿lte off the cost or valuation, le&$ atty estimated
residual value, over their expec(ed usefijl economic life as follows..
Asset class
Land & buildings
General equipment
IT equipment
Building improvements
Fixtur&8 & fittings
Depreciation method and rate
l 0/0 straigbt line
200/0 straigbt Ilne
33.3 D/0 Straight line
IOO/o straigbt line
250/ts Straight line
Pagell

The Tin Hat Centre
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfornied in the ordinary
cour5¢ of busiD¢ss.
Trade debtors are recognised initially at the transacrion price. They are subsequenily measured at amortised cost
using the effective interest method. less provision for iEDpaim]enL A provision for the Ampalnnent of trad¢
debtors is established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original teTms of the receivables.
Cash and cAsh equivalents
Cash and casb equivalents compris¢ cash on hand and call deposits, and other short-tenn highly liquid
investtnents that are readily convertible to a kno1￿£ amount of cash and are subject to an insignificani risk of
change in value.
Trade credlton
Tradc crcditors are obligations io pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accouttts payable are Classified as currenc iiabilitt'es if the chariry do¢s not have 8n
unconditional nght. at th¢ cnd of th¢ reporttog pwiod, to dcfer scttlem¢nt of the cr¢th'tor for at Iwt twclvc
months after the reportiog date. If there is an unconditiooal right ts) defer settiemeot for at least twelve months
after the reporting daic, they are presented as non-current liabilities.
Trade crcditors krc recognised initially at the transaction price and subsequently measured at amortised cost
using the effective intcrcst method.
Fund structhre
Unrestiicted income funds arc 8cneral funds that are availablc for use at thc tsustces, dtscretion in fiwthcrance of
the objectives of the cbarity.
Restri¢i¢d income fiinds are those grants for usc in a particular area or for specific purposes, the use of which 18
rcstrlcted to that area or purpose.
PeDsloDS and other post rttlrement obligazloD8
The cbarity operates a defined contribution pension scheme. The &8sets of the scheme are held separately from
those of the charity. Pcn5iOn Costs charges in the Statemen( of Financial Activities Tepresent the contributions
payablc by the cbarity during the year.
Page 12

The Tln Hat Centre
Notes to the Financlal Statements for the Year Ended 31 March 2024
2 Income from donatlon$ l¢gi¢l
Unrestrleted
funds
General
Total
2024
Totsl
2023
Donations and IcgaGies'
Donations from companies. tTusts and similar
procceds
Donations from indiv1th￿IS
Graots, includijjg capital grants;
Govemment grants
4,000
1.128
4.000
1,128
2,566
500
500
5,628
5.628
2,566
3 Ineome from charltable 2cdvlrfes
Unrestrleted
funds
General
Restrlcted
fuDds
Total
2024
Total
2023
Grants & donations
Rcnt & setvices
Worksbop income
Ensurdnce claim
Other income
62,265
62,265
56,808
23,717
54,430
54Q
1,740
56,808
3,942
1,459
3,942
1.459
62.209
62,265
124.474
80,427
Page 13

The Tfin Hat Centre
Notes to tbe Financial Statements for the Year Ended 31 March 2024
4 Grants & donitlon$
Unrestrlded
funds
Restricted
funds
Totsl
Asbfield District Council
Selslon Parish Council
National L￿tt¢ry Community Fund
NGED
Sundry donations
Albert Hunt Ttust
Nottinghamshire CowTrty Council
Lush
Nottinghamshire Community Foundation
Fr¢emasons
Thomas Farr Clwity
J. N. Dcrbyshire Tnjsi
Gillotts
500
500
200
37,585
8,860
1,448
4,000
5,100
2,000
500
200
5,000
2,000
500
200
37,585
8,860
320
1,128
4,000
5,IlJO
2,000
500
200
5,000
2.000
500
5 Incorne from other tradlng actlvltl
Unrestrl¢ted
Totzl
2024
Total
2023
Gencral
Trading incomc;
Café sales
Local fundraising
51.232
3,429
51,232
3,429
42,452
54,661
54,661
43,786
6 Investment income
Unrestrl¢ted
TotAI
2024
Total
2023
Gener
Interest receivable and Simil￿ income"
Interest receivable on bank deposits
1.533
,533
787
Page 14

The Tfin Hat Centre
Notes to the Flnanclal Stxtements for the Year Ended 31 March 2024
7 Eypcndlture on thArltable gCtlvlrf¢$
UDre$trlcted
ruDd5
General
Restricted
funds
Total
2024
Total
2023
Bank charges
Buff¢i & refre5hrnent provision
Café supplies
Clealltng & bY￿elle
Depreciation
Equipment
Food supplies
Insurance
Licenses & subscriptsons
Office supplies
Printing & stationcry
Profe88ion41 fee8
Pubb'catioos & subscriptions
Ra(es
Recruitrneot
Repairs & maintmance
Sundry expenses
Telepbone, ADlernet & postage
Trainin8
Travel & subsistence
Utilities
Volunteer expenses
Wages, Nl & pensions
Workshop expenses
Gardcn
Room hire
331
331
2,993
19,584
4,286
12.806
941
8,352
3,515
225
4,208
16,031
3,661
13,001
394
3,599
2,723
33
512
315
5,661
519
2,523
81
7,867
379
1,168
463
238
14,093
iio
104,902
971
2.993
19,159
346
12,110
468
8,352
425
3,940
696
473
3,515
29
777
6,274
695
1,833
29
777
6.274
695
1.833
6,025
10
2,259
1,986
8.011
10
2.259
12
91
23,861
370
116,279
ft2
50
8,689
41
l5,172
370
78,324
37,955
870
1,680
870
121,189
94.670
215,859
183 677
Page 15

The Tln Hat Centre
Notes to the FIDancial Statements for the Year Ended 31 March 2024
8 Net incomingloutgofing re50urees
Net outgoing resources for the year include:
2024
2023
Depreciation of fixed ass¢ts
12,806
9 Staff costs
The awe8at¢ payroll costs were ￿ follows:
2024
2023
St#ff costs durlng Ibe ye•r were..
Wag¢s #nd salaries
Social security costs
Pension costs
113,669
1,023
1,587
l J 6,279
103,508
1,394
104,902
The monthly avcragc number of persons (includin8 senior maoagement t¢am) employed by th¢ charity durin8
Ihe year was as follows:
2024
2023
Average number of employees
5 (202J - 5) of the above employces participated An the Der￿ed Contribution Pension Schetnes.
Contributions to th¢ employcc PCDSiOll schmies for the ye3r totalled £1.587 (2023 - £1,394).
No employee rcceivcd emoluments of more than £60,000 during the year.
The total ernployee benefits of the key management personncl of the charity were £31,975 (2023 - £24,747).
10 Trustees remuneradon and expeDses
No trustees, nor any persons connected with the￿ have received any remuneration from the cbarity during the
No trnstees have ieceivcd any reirnbursed expcnscs or any othcr bcncfits from the charity during the year.
11 Related party tr#nsa¢tloDS
There were no Telated party transactions in the year.
Page 16

The TID Hat Centre
Notes to the Financlal Statements for the Year Ended 31 March 2024
12 Tanglble fIX￿ ￿$¢t$
Land and
bulldingj
General
IT
Bullding
equlpmtnt Equipment improven)ents
Flxtsres &
rAtting8
Total
Cost
At l April 2023
Additions
1,073,700
161.447
3,480
11,685
10,000
1,494
1,258,326
3.480
At 31 March 2024
1.073,700
164.927
10,000
1,494
1261806
Depreclatlon
At l April 2023
Charge for the
year
214,740
161.447
11,685
5,000
1,121
393,993
10,737
696
1,000
373
12,806
At 31 March 2024
225,477
162,143
11,685
6,000
1,494
406,799
Net book valut
At 31 March 2024
848,223
855,007
At 31 March 2023
858 960
373
864 333
13 Debtors
2024
2023
Trade debtors
Prepayments
9,783
379
1,575
10,162
10,221
J4 Cash and equlvaleDts
2024
2023
Cash ort hand
Cash at bank
688
93,560
512
108,186
94.248
108,698
15 CreditoN: #mounts falllng due wlthin ODe year
2024
2023
Trade creditor5
Other taxation and social security
A¢¢n￿
Deferred incom¢
4,021
452
1,450
17,193
1243
1,785
14,360
23,116
17.388
Page 17

The Tln Hat Centre
Notes to the Financlal Statements for the Year Ended 31 March 2024
16 Charity StatUS
The charity is a company limited by guarantee and consequently does not have share Gapitsj. Each of the
trustces is liable to contribute an amowit not exceeding £1 towards thc assets of the charity in the event of
Itquidation.
17 Taxodon
The chaliry is a registered charity and is th¢r¢for¢ ex¢mpt from taxarion.
J8 Fees payable to IDd¢peudeDt exandner
During the pcrkod, the fee5 payable (excluding VAT) to the ¢harity's independent examiner Community
Accounting Plus are analyscd as follow5..
2024
2023
Indcpendeni examination
Other financial services
930
972
840
841
,902
1,681
J9 An*lysls ofnet assets between funds
Unreitrlct¢d
2Q24
Total funds
General
Re$trlcted
Tangible fixed assets
Currcnt &ssets
Current liabilities
855,007
22,487
855,007
104,410
23,116
81,923
23,116
To￿1 nei assets
58,807
877,494
936.301
Unrestrltted
2023
Total funds
Gen¢r41
Resttl¢ted
Tangtble fixed assets
Currenl asscts
Current liabilities
864,333
12,833
864,333
118,919
17.388)
106,086
17,388
Total net assets
877 166
Page 18

The Tin Hat Centre
Notes to the Flnanelal Statements for the Year Ended 31 March 2024
20 FuDds
Balance at
31 M&rch
2024
Balante al I
April 2023
Incoming
resources
Resources
expended
Transfers
UDrestrlc¢ed funds
General
General Fwid
88,698
124,031
(121,189)
(32.733)
58,807
Restricled lunds
Millenium Commission
BefrieDdin8
Tin Hat Knitting group
Rthc¢, Rcusc. R¢cycle
Fund
Conunuoity Hub Food Plan
Colnmunity social activities
Lottery Café
Room bAre Boccia
Foodbank
cO￿P Climmunity Fund
Magic Littl¢ Grant
Community Matters
Environmental {Lush)
Cost of living (NCC)
864,333
594
142
(12,110)
2.784
855,007
594
242
loo
590
9.298
(246)
(4,486)
(1,301)
(65,737)
(672)
(5,007)
(1,457)
(43)
(645)
{1,268)
1,698
4,8l2
3,699
5,000
37,585
700
3.020
28,152
28
190
1,976
43
1,797
519
8,860
2,000
8,215
732
3,302
Total re$trlcted funds
877,166
62 265
94,670
32,733
877,494
Tot21 funds
965,864
186296
215,859
936,301
The transfer from the Gencraj fund to thc Millenium Commission represents the net book valuc of a fix￿ asset.
Th¢ transf¢r from thc Gcn¢ral fimd to thc Lo(tcry Café and Foodbank fulld is to ¢ovcr th¢ deficit OD thicsc
activities.
Thc specific purposes for which the funds arc to bc applicd are as follows:
Th¢ Millenium Commission OD 20101103 created a legal charge ov¢r the leaschold land and buildings at Chapel
Road and all r￿ed assets held by the con)p8ny on the property now or in the future.
Befriending - to provide fiiendly socia] conthct through a group befrieDding Service Io Teduce feeling of
loneliness and iDrJ¢ase motivation and CODfidence.
Tin Hat Knitting ￿ollp - to purch&se wool for the knitting group to fundrdise ftir the ¢ornmunity.
Lottery Cafe - fimding towards salaries of 3 stsff in the Café and help toward utilities.
Magic Little GTant- for the garden project.
Foodbank- for the food bank supplies.
Comrnunity Hub Food Plan (Notts Coun¢y Council) - funding for the Food bank supplies, free meals in th¢
Café.
Page 19

The Tin Hat Centre
Notes to the Flnanclal Statements for the Year Ended 31 March 2024
Reduce Reuse Recycle - to purcbase recyclable Gups Ctc. for the cafe.
Community social activities- promote social engagemeut for vulneTable people.
Community Matters & Cost of living (NCC) - fimding towards warm space for those struggling with foodjfuel
poverty
Room hire Boccia - fi)nding for room hire for Boccia group.
Environmental (Lush) - fundin8 for the garden.
These are the figurts for the previous aCCOUDting perlod #Dd are Included for comparative purposes
Balance at I
Incomfing
Resourccs
Bglance at 31
Aprll 2022
resources
expended
March 2023
Unrestrlcted funds
General
General Fund
119209
103,849
(134,360)
88.698
Restrlcted
Millenium Commission
Befriendin8
Tin Hat Knitting group
Redu￿, Reuse. Recycle Fund
Community Hub Food Plan
tA)ttery Café
Foodbank
Co*OP Community Fund
Magic LAttle Grant
Total restrlcted fyTbd8
877,334
594
142
590
17,038
3,070
498
3.5LX)
(13,001)
864,333
594
142
590
9,298
(7.740)
(26,287)
(308)
(1,524)
(457)
23,217
190
1,976
43
500
902.766
23,717
49,317)
877,166
Totsl tsnds
1,021,975
127,566
183 677
Page 20