Company registration numbcr: 03900665 Charity registration number: 1089619 The Tin Hat Centre ' (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025 Conimunity Accounting Plus Units l & 2 North W¢sl 41 Talbol Street Noltingham NGI 5GL The Tin Hat Centre Contents Reference and Administrative Details Trustees, Report 2105 Independent Examinevs Report Statement of Financial Activities 7t08 Balance Sheet Not¢s to the Financial StatemeJ]ts Ioto 19 The Tin Hat Centre Reference and Administrative Details Trustees Shirley Hawkins, Chair The Hon. Joan Taylor, Vice Chair Cindy Rossiter Michael Heal Mike Hill Denise Helliwell Diane He￿on-WrIght Chris Tomlinson, Centrc Manager Senior Management Team Charity Registration Number 1089619 Company Registration Number 03900665 Registered Office Matthew Holland Complex Chapel Road Selston Nottinghanishire NG16 6BW Independent Examiner John O'Brien, employee of Comrnunity Accounting Plus Units l & 2 North West 41 Talbol Street Nottingham NGI 5GL Page I The Tin Hat Centre Trllstees, Report The truslees, who are directors for the purposes of company law. present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025. Trustees ¥nd officers The trnstees and officers serving during the year and since the year end were as follows.. Twstees.. Shirley Hawkins, Chair The Hon. Joan Taylor, Vice Chair Cindy Rossiter Michael Heal Mike Hill (appointcd 28 March 2025) Denise Hellj'well {appointed 8 May 2024) Diane Ilerron-wright (appointed 28 March 2025} Elizab¢th Sheldon (resigned 29 April 2025) Angela Elizabeth Peppard (resigned 20 April 2024) Strueturey governanee and mAnAgemenl Ivalure nfgoverning documenl The Charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of assoeialion dated 22 December 1999, as amended by special resolution on 16 May 2001, 28 October 2001 and 16 October 21)06. It has no share capital and the liability of each member in the event of winding-up is limited to £1. Reeruilmenl and appoinlment tsf trustees Vacant positions are advertised on the Tin Hat Centre website, through social media, in house adveTtising, and community newsletters. All applications are presented at a Trnstee Meeting and applicant5 uiidergo an informal interview Prior to a decision being made. Objectives and aetivitiC5 Objects and aims At thc Tin Hat Centre, our mission is to empowcT and enrich the lives of coinmunity members Trn the Parish of Selston Ihrough conncction, compassion, and Icdrning. We are committcd io creating a welcoming, inclusive envirunment wherc individuals can access c5sential resources. develop new skills, and build meaningful relalionships. Public benefit We offer a Foodbank, Community Café, Cornvnunily Garden, Community Library, Community and collegc-led courses, School holiday activities, specialist advice bervices, Community events such as fairs, qUl£Les and guesl sp¢aker events and signposting services. These aclivities benefit public by providing Iraining and opportunity lo learn new skills, volunteering. essential support via Foodbank and warm space for those slrugg]ing with foodlfuel poverty, infom]auon and advice. social space. befriending, health and well-being. Page 2 The Tin Hat Centre Trustees, Report The Irustees confinn that they have complied with the requirements of seelion 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Achievements and Performance Over the last 12 months. The Tin Hat Centre has continued to grow as a vital hub for our community. welcoming approximately 18,000 users through our doors. . 9,000 people took part in college or community courses. . More than 30 regular weekly ￿MMunity ses510ns. . Over 2,000 visits were made to our Library. Approximately 1,500 indivAdual8 attended our one-off community events, which continue to bring people togcther and reducc isolation. . Wc supporled 150 families through our Foodbank and provided many more emergency food parcels to those IT] immediate nccd. We also d¢livered regular weekly sessions of advice and 5ignpostlng, h¢lping people navigate difficult ¢ircumstances with praclical support. Our free Isubsidised meals Continue to support the most vulnerable people in our Community. Weekly Lunch clubs - Tackling social isolation and in¢reasing comTnunity interaction. We aTe in¢r¢dibly proud to have been recognised as an 'Outstanding Organisation" at the Annual Discover Ashfield Aivards - a true testament to the dedication of our team, volunteers. and supporters. None of this would b¢ possible withoui the g¢nerosity of our ￿nderS and the trust placed in us by our community. With sincere thanks to.. . The National Lottery Community Fund . Nottinghamshire Community Foundation Nottinghamshire County Council Ashfield District Council Sainsbury's Gillotts Funeral Directors Selston Co-op . Morrisong • Localgiving • J.N. Derbyshtre Trnst . Nottinghamshire Freemasons . Rotsry of West Ashfield . The Albert HuDt Trust . Thc Thomas Fa￿ Charity Selston High School . P. Hughes Construction . Coalfields RegeT]eration Trust * Masonic ChaTitable Foundation Underwood C of E School * Selslon C of E School Brinsley with Underwood Church St Helens Church Hollyhill School Selston Methodist Church Skipton Building Society . Gemini Fund Page 3 The Tin Hat Centre Trustees, Report Hillards . Howdcns • Jones 1986 • Severn Trent • Garfield Weston Foundation . ATTFE College . Hazelwood Property And finally, to our wonderful local community and the many ittdivldual donors who continue to support us, that)k you. Your belief in our work keeps us going. FAn&llclal review Policy on reserves The Trustees have established a reserves policy to ensure that adequat¢ funding be kept in reserv¢ in the event that the project ceases due to lack of funding. committee resignation or other circumstances. The level of reserv¢s will be monitored regularly and reviewed annually by the Management Committee. The charity now has reserves to cover thr¢e months Nnning costs. Principal risks and Hncerlaintigs Financial ri.skf Tenninalion of leases,. Loss of funding. Page 4 The Tin Hat Centre Trustees, Report Statement of Responsibilities The trustees (wlio are also the directors of The Tin Hat Centre for the purposes of company law) are responsible for preparing tbe trnstees, report and the financial staiements in a¢cordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in th¢ UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to snull companies. Company law requires the trustees lo prepare financial statements for each financial year. Under company law the trustees musl not approve the financial statements unless they are satisfied that they giv¢ a tnte and fair view of the state of affairs of the charitabl¢ company aDd of the incoming resources and application of resources, including its income and expendilure, of the charitable company for that period. In preparing these financial stat¢rnents, the tn￿teeS are required to: selecl suitable a¢¢ounting poli¢i¢s and apply them consistently. observe the rnethods and principles in the Charities SORP. make judgements and estimates tbat are reasonable and prudent. state wheiher applicable accounting standards, comprising FRS 102 have been followed, subject to any niaterial dePar￿reS disclosed and explained in the financial statements,. and prepare the financial stat¢menls on the going concern basis unless it is inappropriate to presume Ihat the charitable coinpany will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable a¢¢uracy al any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of th¢ charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other I￿¢gularitIeS. The trustees are responsible for the maintenance and integrity of the Corporate and financial infomiation included on the charitable coinpany's website. Legislation governing the preparation and disseniination of financial stalements may differ from legislation in other jurisdictions. Small companies provision statement This report has been prepared in accordance with the small companies reginie under the Companies Act 2006. The annual report was approved by the trustees of the charity on .................... and signed on Its behalf by.. Shirley Hawki Tmstee Page 5 The Tin Hat Centre Independent Examiner's Report to the trustees of The Tin Hat Centre ('the Company,) Independent examiner's report to the trustees of The Tin Hat Centre ('the Comp#ny') I report to the charity trustees on my examination of ihe accounts of the company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its direclors for the purposes of company law) you are responsible for the preparation of the a¢counls in accordance 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 ind¢pendent examination, I report in respecl of my examination of your charity's accounts as Carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my exan)ination I have followed the Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act. Independent examlner's statement I have compleled my examination. I confinn that no matters have come to my attention in connection with the examinalioT) giving me cause to believe that in any material respect: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of section 396 of th¢ 2006 Act other than any requiretnenl that the accounts give a 't￿¢ and fair, view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparino their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have ¢ome across no other n)atters in connection Thryth tlie examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. John O'Brien MSC, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North Wesl 41 Talboi Street Noltingham NGI 5GL Page 6 The Tin Hat Centre Statement of Financial ActlVAties for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains Losses) Total 2025 Total 2U24 Unrestricted Restricted Note In¢ome and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 22.332 60.733 56,182 1,501 22,332 116,088 56,182 1,501 5,628 124,474 54,661 1,533 55,355 Total Income 140,748 55,355 196,103 186,296 Expendlture on: Charitable activities (164.0801 170.651} 1234,731) (2 15.859) Total Expcnditure (164,080) (70.651 } (234,731) (215,859) Net expenditUFe TT8nsfers between fund5 (23.332) 1,154 (15,296) (1,154) (38.628) (29.563) Net movement in funds {22,178) (16,450) (38,628) (29.563) Reconciliation of funds Total funds brought fonvard 58.807 877,494 936,301 965,864 Total funds carried forward 20 36.629 861,044 897,673 936,301 All of thc Gharity's activities derive from continuing operations during the above two periods. The funds breakdown for the p¢riod is showJ] in note 20. The notes on pages l O to 19 forni an integral part of these financial statements. Page 7 The Tin Hat Centre Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are included for comparative purposes Unrestricted funds Restricted funds Total 2024 Note Incom¢ and Endowments from: Donations and legacies Charitsble activities Oiber trading activities Investment income 5,628 62,209 54,661 1.533 5,628 124,474 54,661 1,533 62,265 Total income 124.031 62,265 186,296 Expenditure on: Charitable activities (121,189) (94.670) (215,859) Total expenditure (121,189) {94,670) (215,859) Net incomel(expcnditurel Transfers between funds 2,842 (32,733} (32,405) 32.733 (29.563) Nel movem¢nl in fimds (29,891) 328 (29,563) Reconciliation of funds Total funds brought fonvard 88.698 877,166 965.864 Total funds carried fonvard 20 58,807 877,494 936,301 The notes on pages l 0 10 19 forn] an integral part of thes¢ fiiMicial statements. Page 8 The Tin Hat Centre (Registration number: 03900665) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 12 842.574 855,007 Current a$$et$ Debtors Cash at bank and in hand 13 14 17.099 59,655 10,162 94,248 76.754 104,410 Credltors: Amounts falling due within on¢ year 15 (21.655) (23,116) Net Current assets 55.099 81,294 Net gssets 897,673 936,301 Fund$ of the charity: Restri¢ted income funds Restricted funds 20 861,044 877,494 Unrestricted iDcome funds Unrestricted funds 36,629 58,807 Total funds 20 897.673 936,301 For the financial year ending 31 March 2025 the charity was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director.s' responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordanc¢ with section 476. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These fllwicial statements have been prepared in accordance with Ihe speeial provisions relaling to companies subject to the small ¢ompanies regime within Part 15 of th¢ Companies Act 2006. The financial statenients on pages 7 to 19 were approved by the trustees, and authorised for issue on a?..: ..(o..... and signed on their behalf by.. Shirley Trustee ins The notcs on pages 10 to 19 forni an integral part of these financial statements. Page 9 The Tin Hat Centre Iyotes to the Financial Statements for the Year Ended 31 March 2025 l Aceounting polieles Summary of significanl accounting pollcles and key #ceounting estimates The principal accounting policies applied in lh¢ preparation of these finan¢ial statemenls are sel out below. These policies have been consistently applied to all tlie years presented, unless otherwise blaled. Statement of ¢omplian¢e The financial statements have been preparcd in accordance with Accounling and Reporting by Charitics: Siatemenl of Recommerkded Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in ihe UK and Republic of Irel}￿d (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Cornpanies Act 2006. Basis of prcparation The Tin Hat Centre Meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially rccognised at historical cost or transaclion value unless otherwise .qtat¢d in the relcvant accounting policy nofrs. Going concern The financial statements have been prepared on a going concern b&sis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that niay cast signifieant doubt on the ability of the charity to continue as a going concern. The trustees nkake this assessment in respect of a period of one year from the date of approval of the financial statements. Exemption from preparlng A eash flow statement Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Stateinent uf Cash Flows within the financial statements. ID¢ome and endowments Voluntary income including donations. gifts, legacies and grants thal provide core funding or are of a general nature is recognised whcn the charity has e])titlemcnl to the income, it is probable that the income will be received and the amount can be rneasuTcd with sufficient Teliability- Donations and legacies Donations arc recognised when the charity has been notified in writing of both tlie amount and seiilement dale. In the evcnl that a donation is subject to eondilions that require a level of perforniance by the charily before the charity is enlitled to the funds, the income is defentd and not recognised until eiilier those condition5 are fully met, or the fulfilnient of those conditions is wholly within the control of the charity and it IS Probable that these conditions will be fulfilled in th¢ Teporting period. Granls receivable Grants are r¢¢ognised wlien the charity has an entitlement to the funds and any conditions linked lo the grants have been tnet. Where perfomiance ¢ondilions are allached to the grant and are yet to be met, the in¢ome is recogntsed as a liabklity and included on the balance slieel as deferred income to be released. Page 10 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 D¢ferréd income Deferred income represents amoun15 received for future periods and ts released to incoming re.qources in the period for which. it has been received. Such incom¢ is only def¢￿ed when.. - The donor specifies th&t the granl or donation must only be used in future accounting periods. or - Th¢ donor has imposed conditions which must be mei before the charity has un¢onditional entitlement. Expenditure All expenditure is recognised once theTe is a legal or const￿CtIve obligation to that expenditure, il is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs ¢aJmot be directly altributed to parti¢ular headings they have been allocated on a basis consistent with the use of resources, with central staff Costs allocated on the basis of tirne spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on ihe spread of .qtaff costs. Chdritable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes boih costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Government grant$ Govemmenl grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating lo revenue are reeognised in income over the perii)d in which the related costs are recognised. Grants relaiing to assets are recognised over the exp¢cted useful life of the asset. Where part of a grant relating to an asset is deferred, il is recognised as deferred in¢ome. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. AccordiTJgly, the charity is potentially exempt frorn taxation in respect of income or cap?tal gains received wilhin categories covered by Chapter 3 Part I l of the CorpoTation Tax A¢t 2010 or Section 256 of the Taxution of Chargeable Gains Act 1992, 10 the extent that 8uch income or gains ar¢ applied exclusively to charitable puryY)ses. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent ac¢umulated impaimient losses. Depreciation and Amortisation Depreciation is provided on rangible fixed dssets 50 as to write off the cost OT valuation, l¢ss any estimated residual value, over their expected useft]l economic life as follows.. Asset class Land & buildings General equipment IT equipment Building improvements Fixtures & fittings Depreciation method and rate l % straight line 20 % straight line 33.3 0/0 Straight line l OQ/o Straight line 25 /0 Straight line Pagell The Tin Hat Centre Notes to the Financial Statements for the Year Ended 3] March 2025 Trade debtors Trade debtors are amounts due from Customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are reco(Fnised initially at the trnnsaction price. They are subscquently mcasured al amortised cost using the effcctive interest method, less provision for impainnent. A provision for the impairmcnt of tr2d¢ debiors is established when there is objectivc cvidence that the charity will not be able to collect all amounts du¢ according to the original tcm]s of the Teccivables. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tern] highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or servi¢¢s that have been acquired in the ordinary eourse of business from suppliers. Ac¢ounts payable are classified as current liabilities if the ¢h&rity does not have an unconditional right, at the end of the reporting period, to defer seltlement of the creditor for at least twelve monihs after the reporting date. If there is an uncondilional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade eredilors ar¢ recognised initially at the transaction price and subsequenily measured at amortised cost using thc effective interest rneihod. Fund structure Unrestricted income funds arc general funds that are ava&lable for use at thc ttustees, discretion in furtherance of the objectives of the charity. Restricted income funds are those granis for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Pensions and other post retirement obligations The ¢harAly operal¢s a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year. 2 Income from donatlons and legacies Unrestricted funds Gener21 Total 2025 Total 2024 Donations and legacies; Donations from Companies, trusts and similar pro¢¢eds Grants, including capital grants. Government grants 22,332 22,332 5,128 500 22,332 22,332 5,628 Page 12 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 3 1n¢om¢ from charitable aclivities Unrestricted funds General Restricted funds Total 2025 Total 2024 Grants & donations Rent & services In.surance claim Other income 55.355 55.355 60,733 62,265 56,808 3.942 1,459 60,733 60,733 55,355 116,088 124.474 4 Grants & donations Unrestricted funds Restricted funds Total Severn Trent Water Nalional Lottery Community Fund Neighbourly Foundation Sundry donations Skipton Building Society Hazelwood Properly Coalfields Regeneration Trust Nottinghamshire Comrnunity Foundaiion Howdens Hillards Charitable Trust Garfleld Weston The Jones 1986 Charitable Trust Gillotts 12,000 12.000 32,135 500 2,390 5.720 5,000 2,000 500 942 i.i>oo i 0,000 5,000 500 32,E35 500 2.390 5,720 2,000 500 942 .000 10,000 5,000 500 22,332 55,355 77.687 S lllcome from other trading activities Unrestricted Total 2025 Total 2024 GenerAI Trading income. Café sales Local fundraising 53,495 2,687 53.495 2,687 51,232 3,429 56,182 56,182 54.661 Page 13 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 6 Investmenl income Unrestricted Total 2025 Total 2024 General Inierest receivable and similar income. Interest receivable on bank deposits 1,501 1,501 1,533 7 Expendi￿re on charitable activilies UDre5Éricted funds General Restricted funds Total 2025 Total 2024 Bank charges Buffet & refreshment PTovision Café supplies Cleaning & hygiene Depreciation Equipment Food supplies Insuranee Office supplies Printing & stalionery Professional fees Publications & bubscriptions Rates 320 76 320 2,564 19,597 4,182 12,433 235 7,014 3,881 20 819 6,492 295 1,603 17,661 20 1,641 493 331 2,993 19.584 4,286 12,806 941 8,352 3,515 29 777 6,274 695 1,833 8,011 io 2.488 19,546 51 4.182 12.433 156 6,730 79 284 3,881 20 819 6,492 295 1,603 17,357 20 1,641 493 Repairs & maintenance Sundry expenses Telcphone, internet & postage Training Travel & subsistcnce Tutor fees Utilities Volunteer expenses Wages, Nl & pensions Workshop expenses Garden Donations made 304 2,259 12 91 99 23,955 390 101.973 42 99 25,165 390 125,318 3,184 1.272 25 1,210 23,861 370 116.279 23,345 3.142 1,272 25 870 1,680 l64,080 70,651 234,731 215,859 Page 14 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 8 Net incomingloutgoing resources Net outgoing resources for the year include: 2025 2024 Depreciation of fixed assets 12.433 12,806 9 Staff ¢o$ts The aggregate payroll costs were as follows: 2025 2024 Staff costs duriJ)g the year were: Wages and salaric5 Social security costs Pension costs 122.249 1.360 1,709 113,669 1.023 1,587 116,279 125,318 The monthly average number of persons (including senior management team) employed by the charity during the year was as follows.. 2025 2024 Average number of employees 5 (2024 - 5) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalltd £1,709 {2024_ £1,587). No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £33.626 (2024 - £31,975). 10 Trustees remuneration and expenses No trnstees, nor any persons conn¢cted with ihem. have received any remuncralion from the charity during the year. No trustees hav¢ received any reimbursed expenses or any other benefits from the charity during the year. 11 Related party transactions There were no related pany transactions in the year. Page 15 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 12 Tangible fixed #$sets Land and buildings General IT Bulldfing equipment Equipment improvements Fixtures & rittings Total Cost At l April 2024 1,073,700 164,927 11.685 10.000 1.494 1,261,806 At 31 March 2025 1,073,700 164,927 11,685 10.000 1,494 1,261.806 Depre¢iAtion At l April 2024 Charge for the year 225,477 162,143 11,685 6,000 1.494 406,799 10,737 696 1,000 12,433 At 31 March 2025 236,214 162,839 11,685 7,000 1,494 419,232 IY¢t book value At 31 March 2025 837,486 2,088 3,000 842,574 At 31 March 2024 848,223 2,784 4,000 855,007 13 Debtors 2025 2024 Trade debtors Prepayments 16.724 375 9,783 379 17.099 10,162 14 CAsh and cash equivalents 2025 2024 Cash on hand Cash at bank 741 58,914 688 93,560 59,655 94,248 15 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security Accruals Deferred income 1.655 156 3,984 15,860 4.021 452 1,450 17.193 21.655 23,116 Page 16 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 J6 Charity Stalus The charity 1$ a company limited by guarantee and consequently does not have share capital. Each of the trnslees is liable to contribute an amount nol exceeding £1 towards the assets of the Charity in the evenl of liquidalion. 17 Taxation The charity is a registered charity and is therefore exempt from taxation. 18 Fees payable to independent examiner During the period, the fees payable {excluding VAT) lo the charity's independent examiner Community Accounting Plus are analysed as follows.. 2025 2024 Independenl examination Other financial serviccs 970 1,066 930 972 2,036 1.902 19 Analysis of net assets behveen funds Unrestricted 2025 Total funds Gener21 Restrleted Tangible fixed assets Cury¢nt assets Current liabilities 842,574 18.470 842.574 76.754 (21,655) 58.284 (21.655) Tolal net assets 36,629 861,044 897,673 Unrestricted 2024 Total funds General Restricted Tangible fixed assels Current assets Current liabilities 855,007 22.487 855,007 104,410 123,116) 81,923 (23,116) Total net assets 58,807 877,494 936,301 Page 17 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 20 Fund$ Balant¢ at 31 Marth 2025 Balance at I April 2024 Incoming resources Resources expended Transfers Unrestricted funds Generol General Fund 58,807 140,748 (164,080) ,154 36.629 Restrieted funds Millenium Commission Befriending Tin Hat Knttting group Reduce, Reuse. Rery¢le Fund Community soeial activities Community Hub Food Plan Room hire Boccia Lottery Cafe Co-op Communtty Fund Cost of living (NCC) Community Matters Environmental (Lush) CRT fvnd CRS fund Garfield Weston Skipton BS Jones 1986 855.007 594 242 (12,433) 842,574 (594) {216) (26) 344 3,699 4.812 28 (344) (3,699) (4.812) (28) (32,135) (519) (3.302) (8,215) (732) (1,759) (5(Kl) 32.135 519 3,302 8,215 732 2,000 500 10.000 5,720 5,(K)O 241 10.000 3,320 4,909 (2,400) (91) Total restricted funds 877,494 55,355 (70,651) (1,154) 861,044 Total funds 936,301 196,103 {234,731) 897,673 The transfer from the restricted fi]nds lo the General fund reflects the release of any restrictions on the use of these funds. The specific purposes for which the funds are to be applied are as follows.. The Millenium Conimission on 20101103 created a legal charge over the leasehold land and buildings at Chapel Road and all fixed assets held by the eoinpany on the propcrty now or in the future. BefriLnding - lo provide friendly social contact through a group befriending service to reduce feeling of loneliness and increase motivation and Confidence. Tin Ilat Knitting group - to purchase wool for the knitting group to fundraise for the community. Page 18 The Tin Hat Centre Notes to the Financial Statements for the Year Ended 31 March 2025 Lollery Café funding lowards salaries of 3 staff in the Café and help toward utilities. Community Hub bood Plan (Notts County Council) - fvnding for the Food bank supplies, free mea]s in the Café. ReduLc Reuse ReLycle - to purchase recyclable cups elc. for the Cafe. Community social activities - promote social engagement for vulnerable people. Community Matters & Cost of living (NCC) - funding towards warm space for those struggling with foo