Charity re8istratlon number 1096146 Company ro8iStratl¢)n number 041870161EnWand and Wales) WASHINGTON MILLENNIUM CEI4TrE TRUST LTD ANNUAL REPORT AND UNAUDFfED FINANaALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 WASHIN6TON ￿￿tE￿NIUm CENTrETRUST LTD CONTEfiTS Trustees. Annual Report report Independent tyamlnerfs report Statement of flnandal activltles Statement of cash flows Notes to the flnan¢lal statements 9-17 WASHINGTON MILLENNIVM CEIITRE TRUST LTD LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr P Walker{Chair) Mr M Addison Mrc M McPake Ms L Spuhler Mr D Snowdon MrBGRSmlth Counclllorj E Fletcher Ch•rlty number 1096146 Compafiy number 04187016 Al￿￿ered offlco The Oval Concord Washln8ton Trne & Wear NE37 2QD Independert exarnlner TC Group A6 KSn8fisher House KSn8SWaV Team Valley Tradln8 Estate Gateshead NEII OJQ WASHINGTON MILLENNIUM CENTRE TRUST LTD TRUSTEES, ANNUAL REPORT REPORT IINCWDING DIRECTORS, REPOR FOR THE Y£4R ENDED 31 MARCH2025 Oblectlves and actlvltles In the interests of social welfare to provide for the people of Washington and Sunderland a Communlty Centre. the purpose of which to promote Education. SporL Recreation and leisure for the whole communlty. The purposes oAthe chorlty05 5etotst In Its governlno documenL The company is a registered charlty and exlsts to art a5 a focu5 point for the community of Washington, Tyne & Wear. It is a not for profit organisation. mana8ed by local people, wlth support from the Clty of Sunderland Community SeNltes. The moln artfvttles undertuken In relotlon to thosepuryoses durlng the yeor. The centre is a communlty hub for the area, provldlng voluntary ènd community sertor organlsatlons wlth premises for actlvlties and meetlngs, whllst at the same tlme dellverlng a range of activities Itself. The centre continues to offer educational opportunltles in line wlth the companies, object5, also lelsure opportunlties that are both recreational and educailonal and impact on the communities, health and wellbeing. This is continued throughout the whole year. We have the soft play provlslon, Library, Pamper aubs, Exerclse Groups, and 'Not at Statistl¢' support group, all examples of the broad range of activities that the centre offers. The delivery of the oblects are achieved by working in partnership with numerous organisation5 and the trustees value thls partnership work and the Input of volunteers who make many of these opportunities p055ible, Key partners Include Active Families, Head Way* Active Sunderland and Sunderland Councll. The moin o¢tivlties undertoken durlno the yeor tofurther the choylty s purposefvr thepublk benefit. The Centre ha5 had a great year wlth our main focus belng Mlllles Magic31 Garden, the Café and the Fitness Suit. The soft play has ¢ontinued to thrive and we have welcomed hundred5 If not thousands of customers through our doors. In turn this has increased the footfall within the Centre, especially in our café area and Gym, where the u53ge in both area's has blossomed. Where we have had 8aps In the diary. we have began to form new partnerships wlth groups such as Everyone Active, Gentoo and one off bookings with theraplsts and photographers. These have all had a good and positive impact on the local community. Thè Children s parties package we offer.ls very affordable and works really well for our customers, we are generally fully booked over most weekends. The Centre's I￿ sult offers a much-needed servlce to the community and it 15 very well attended on a daily bas15 for customers to do anythin8 from browse the Web. Job search or print The trustee'5 continue to support the local council by offering meeting space. allowlng meetlng5 to take place outslde of 5underland. 50 the residents of Washington are able to enga8e where possible. WASHINGTON MILLENNIUM CENTRE TRUST LTD TRUSTEES. ANNUAL REPORT REPORT {INCLUDING DIRECTOIIS, REPORn {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Public benefit The trustees have paid due regard to guidance Issued by the Charlty Comm15sion In declding what activitSes the trust should undertèke. Achlevements and performance Slgnificqnt activitle5 crndochievements ogainst objectives The maln achlevements •nd performance of the Charlty durln¢ the year. The trustees are pleased to report that we have managed to continue to offer affordable actlvities In a safe, friendly and clean environment. Ours is the most affordable softplay In the area, whSch thrives and continue5 to receive great feedback. It continues to have an enthusiastlc attendance both in dally vlslts and parties. We have formed a new partnership and dellvered a year5 course of 3rt and Culture actlvities funded by Cultural Spring. We also continue to support the Cos Council with their Area Committee and VCS meetlngs. We formed a partnershlp between ourselves, Headway and Active Famllle5 and secured a large funding appllcation through the Natlonal lottery for a new program called 'Connectln8 to Concord, Thls program offers a wide range of fltne55, health and social activities as well a5 activities for people who have suffered braln inlurles. The main attlvitie5 are Soclal nights, coffee mornings, gym and fltnes5 activities. The dlfference the chtrrlty'sperformonce durlnq the yeorlws mode to the beneftlarle5 oAthe chorfty. The trustees are pleased to report that the Centre is very well used and a popular venue for the local and wider public, especially for soft play ond gym fadlltie5. The Icr room and library are very popular and continue to offer a crucial seNice. For yet another year, the trustee'5 declded not to prlce Increase the majority of our activitles and room hires. Thls was to ensure we continued to offer affordable serviees to the local community. Financlal hardship Is alway5 at the for front of minds vlhen we look at our priclng structure. Thls allows many low- Income famllle5 the chante to still have fun recreational tlme together. The centre contlnue5 to works t105ely with organlsatlons such as Castlevlew Trainin8 ènd other Recruitment agencles who offer educational tralnlng and back to work opportunitSes. The degree to whl¢h the Ochle￿ments ond perfonkwnce durlnq the year have beneylted wlder sorkty. The benefit to society is partly that we are able to offer service5 and opportunltles In an area of hl8h depravation at low c05t or sometimes no cost, an example bein8 children under one can tontinue to Use the soft p13y facilltles f￿e. Internet access is free and we know many people in the areo cannot afford a computer. Access to the 3G pltch is free for local children, the Ilbrary Is run as an honesty library, and we have lots of low cost exrcise and weight management programmes. All of these facilities are well Used which why we have continued to offer the services. The trust Is committed to offerlng service5 to the local communlty which meets their needs and ensures inclusion rather exclusion and whlch contribute5 to reducln8 the inequalities gap. WASHINGTON MILLENNIUM CENTRE TRUST LTD TRUSTEES. ANNUAL REPORT REPORT (INCWDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial review The financial positlon of the charity at 31 March 2025 and comparatives for the prior perlod, as more fully detailed in ihe account5, can be summarised as follows.. 2025 2024 Net income 12,046 66,347 Unrestricted Revenue Funds Oesignated Revenue Fund5 Total Unrestricted Funds 401.510 200,000 601,510 389,464 200,000 589,464 Total Funds 601.510 589,464 Going concern There are no funds in deflcit, and the Tru5tee5 Consider Washington Millennium Centre Trust Limited to be a 80ing concern, as it will be able to fund it's activitie5 going fonvard for a period of at least twelve months. Reserves policy It is the policy of the trust that unrestricted funds which have not been desi8nated for a specific use should be maintalned at a level equlvalent to between nine and twelve month's expenditure. The trustees consider that reserves at this level will ensure that. in the event OF a significant drop in funding, they will be able to Continue the trust's current activities while consideration 15 given to ways in which addltional funds may be raised. Thls level of reserves has been maintained throughout the year. Structure• governance and manag•m•nt Washington Mlllennium Centre Trust Llmited is constituted by Memorandum and Artlcle5 of Association and Is company limited by guarantee. It wa5 in¢orporated on 26 Mar¢h 21)01 as a company and the company number Is 04187016. It was registe￿d as a Charity on 26 March 2001 wlth a charlty number 1096146. The trustees. who are also the dlrectors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr P Walkerlchair) Mr M Addlson Mr C M McPake Ms L Spuhler Mr D Snowdon Mr8GRSmith Councillor J E Fletcher Recruitment t7nd appointment of trustees Recruitment and appointment of new tru5tee5 would be in line wlth the Memorandum and Article5 of Association and with the consent of the trustee5. The criteria set for the suitsble candidate would be someone who is sensitive to the needs and demands of the or8anization. WASHINGTON MILLENNIUM CENTftE TRUST LTD TRUSTEES, ANNUAL REPORT REPORT IINCWDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED31 MARCH2O25 Orgonisotionol structure The Trustees are responsible for the 5trateglc direction and policy of the charity. While the Board of Trustee5 determines all major decisions collectively, the day-to-day management of affairs 15 delegated to the Senior Manager K Qul8ley who art5 on behalf of the Trustee5. All Trustee5 glve their time freely; no Trustee received remuneration during the year. Details of any related party transaction5 are dlsd05ed in the notes to thè accounts a5 requlred. The Trustees retsin sole responslbility for settin8 the remuneration and pay scales for all charity employee5. The charity Is currently developlng a formal indurtion and trainlng programme to ensure that new Trustees are fully equipped to meet their statutory obligations and understand the charlty's operatlonal framework." The Trustees, annual report report was approved by the Board of Trustees. Mr P Walkerlchairl Chalr 26January2026 WASHINGTON MILLENNIUM CENTRE TRUST LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WASHINGTON MILLENNIUM CENTRE TRUST LTD I report to the trustees on my examination of the financial ststements of Washington Millennium Centre Trust Ltd (the tru5tl for the year ended 31 March 2025. Responslblllties and basls of report As the trustees of the trust land also its directors for the purposes of company lawl you are responsible for the preparation of the financial ststement5 in accordance with the requirements of the Companies Act 2006 Ithe 2006 Having satisfied myself that the fiftancial statements of the trust are not required to be aL6dited under Part 16 of the 2W6 Act and are eligible for independent examination. I report In respect of my examination of the trust's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Artl. In carrying out my examination I have followed all the applicable Dirertions given by the Charlty Commission under sertion 145(5I1bl of the 2011 Act. Independent examiner's statement Since the trust's gros5 income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I Confirm that l am qualified to undertake the examination because l am a member of ICAS. whlch is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. accounting records were not kept In respect of the trust as required by sertion 386 of the 2006 Act: or the financial statements do not accord with those records; or the financial ststements do not comply with the accounting requirements of 5ertion 396 of the 2(K16 Act other than any requiremerTrt that the accounts give a true and fair view which 15 not a matter considered as part of an Independent examination,. or the financial statements have not been prepared in accordante with the methods and prlnciples of the ststement of Recommended Practice For atcounting and reportin8 by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examlnation to which attentiort should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. .Q IF JHart TC Group A6 Kingfisher House KingsW3y Team Valley Trading Estate Gateshead NEII OJQ Dated.. 26 January 2026 WASHINGTON MILLENNIUM CENTRE TRUST LTD STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR TME YEAR ENOED 31 MARCH2025 Unrestrlcted nds 2025 Unrestrlrted funds 2024 Notes In¢ome from: Donatlons and legacies Charitable artivities Investments 1%50 397,704 16,437 3,333 393,955 8,3S2 Totsl Income 415,991 405,640 Expendlture on: Chèrit8ble activitles Tax on surplu5 on ordlnary actlvitles 401,210 2.735 337,706 1,587 io Total expendllure 403.945 339,293 Net Income and movement In funds 12.046 66.347 Reconclllatlon of funds: Fund balance5 at l Aprll 2024 589,464 523.117 Fund balances at 31 Ma￿￿ 2025 601,510 589.464 The stJtement of linanclal activitles includes all galns and losses recognlsed In the year. All Income and expendlturè derlve from contlnulng octlvltles. WA5HIN6foN MILLENNIUM CEpifRE TRUST LTD BALANCE SHEET ASAT31 MARCH2025 Flxed assets Tangible assets li 33,042 49,062 Stocks Debtors Cash at bank and In hand 2,420 1,290 597,188 2,420 2,395 561312 600%98 566.127 Credltors.. amounts lalllns due wlthln onè year {32A30) 125.n5) Net ¢urrent assets 568.468 540A02 Total asmts ¢uirent liabllllles 601,510 589064 Net assets exdUdI￿ pensk¥n Ilablllty 601,510 589,464 The funds of the Irust Unrestricted lunds 601,510 589.464 601,510 589.464 The ¢ompany1s entliled to the exemptlon from the audlt requlrement contsined In section 477 of the Companles Art 2006, for the year ended 31 March 2025. The dlrectors acknowledge thelr responslbilities for complySn8 With the requlrements of the Companles Act 2006 wlth respect to accounting records and the preparation of linanclal 5t*emen The members have not required the compary to obtsin an audit of its flnancial ststements for the year in question In accordance wlth seC￿On 476. These financial staternents have been prepa￿￿ In accordance wlth the provlsion5 appllcable to companies subject to the small companles re8tme. WASHINGTON MIiLENPIIUM CENTRE TIIUST LTD BALANCE SHEEf (CONTINUED) ASAT31 MARCH2025 The flnancial statements were approved by the trustee5 on 26 Jonuary 2026 l LfjSJLo8 Mr P Walkerlchair) Chalr Compary reglstratlon number 04187016 (England and Wales) WASHINGTON MILLENNIUM CENTrE TRUST LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDE031 MARCH2025 Accounting pofides Charlty information Washington Millennium Centre Trust Ltdls a prNate company limited by guarantee incorporated in England and Wales. The regirtered office 15 The Oval, Concord. Washington, Tyne & Wear. NE37 2QD. 1.1 Accounting ¢onvention The financlal stètemeftts have beeTh p￿pared In accordance with the trust's Igovernlng documentl, the Cornpanies Act 2￿6. FRS 102 "The Financial Reporting Stsndard applltable in the UK and Republlc of Ireland" I"FRS 102") al￿ the Charities SORP "Accounting and Reporting by Charities. Statement of Recommended Prartite applicable ta charities preparlng their accounts in accordance wlth the Firiancial Reporting Standard appllcable In the UK and Republic of Ireland {FR5 102)" leffertive l January 20191. The trust Is a Public 8enefit Entity as defsned by FRS 102. The financial statements are prepared in sterling, which is Ihe functlonal curRn¢¥ of the trusL Monetory amounts in these financial statements are rounded to the nearest £. The flnancial statements have been prepared under the h15torlcal cost convention. [modified to Snclude the revaluation of f￿ehOld properties and lo include investment propertie5 and certsin financial Instruments at fair valuel. The principal acwunting polirie5 odopted are Set below, 12 Golng concern At the time of approvin8 the financial ststements. the trustee5 have a reasonable expettotion that the trust has adequate resources to contlnue In operational existence for the foreseeable fulure. Thus the trustee5 contlnue to adopt the 8oln8 concem basls of accounting in preparing the financial statements. L3 Charltable fvnds Uftrestricted fund5 are avallable for use at the dlscretlon of the trustees in furtheran¢e of their charltable objectives. Restricted funds are Subject to specific condltions by donors or 8rantor5 a5 to how they may be used. The purposes and uses of the re5trscted funds are set out In the notes to the financial statements. Endowment funds are subject to speclfic conditlons by donors ¢h* the capital must be maintsined by the trust. ljl Income Income Is recogni5ed when the trurt is le831ty entitled to It after any performance conditlon5 hwe been meL the amounts can be measured reliablyi and it is probable that Income will be received. Cash donations are reco8nised on receipt. Other donation5 are recogni5ed onre the trust has been notified of the donation, unless performance condition5 require deferral of the amount. Income tax reccwerable in relation to donatlons received under Gift Aid or deeds of covenant is recogni5ed at the time of the don*ion. Legacies ère recognised on recelpt or otherwise if the trust has been notified of an impending distribution. the amount is known, and receipt Is expected. If the amount is not known, the le8a￿ is t￿ated as a contingent asset. WASHINGTON MILLENNIUM CENTRE TRUST LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH2025 Attountlng pollcles {Continuedl 1.5 Expendlture Expenditure 15 recoBnised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is clas51fied by activity. The cosl5 of each activity are made up of the totsl of direct Costs and shared costs, includlng support cost5 involved in undertaklng each aciivlty. Dirert costs attrlbutsble to a slngle artivity are allocated directly to that activity. Shared costs which contribute to more th3n one activity and support costs whlch are not attributable to a single actlvity are apportioned be￿een those activitle$ on basis consistent with the use of resources. Central stsff costs are allocated on the basis of tlme spent, and depreciation charges are allocated on the portion of the assetrs use, 1.6 Tanglblè flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuatlon, net of depreclatlon and any Impalment losses. Oepreciation Is recognlsed so as to write off the cost or valuatlon of assets less their resldual values over their useful Ilves on the followlng bases.. Plant and equipment Fitness Equipment Football pitth, fencing etc. 25% and 33% straight line 20% strai8ht Ilne 25% 5trai8ht line The gain or loss arlsln8 on the dispo$41 of an a55et 15 determined as the difference between the sale proceeds and the carryln8 value of the asset, and is reco8nised in the statement of financial activitle5. 1.7 Impairment of Ilxed assets At eath reportln8 end date. the trust revlews the carryin8 amounts of its tan8ible assets to determine whether there is any Indlcatlon that those assets have Suffered an impalrment 1055. If any Such indlc3tion exlsts, the recoverable amount of the asset is estimated in order to determine the extent of the impairment Ios5 lif any). 1.8 Stocks Stocks are stated at the lower of cost and estlmated selllng prlce les5 Costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present l¢xation and condition. Items held for di5trlbutlon at no or nominal consideratlon are measured the lower of replaeement cost and cost. Net realisable value is the estimated sellin8 price less all estimated costs of completlon and costs to be Incurred In marketlng. selling and distribution. 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-tem liquid investments with original maturities of three month5 or less, and bank overdrafts. Bank overdrafts are shown withln borrowlngs in current liabilities. 10- WASHINGTON MILLENNIUM CÉNTRE TRusf LTD NOTES TO THE FINANCIAL STATEMENTS (CONnNUEO) FOR ThIE Y£4R ENDED 31 MARCH2025 Accountlng ppllcle5 Icontinued) 1.10 Financlal Instruments The trust h35 eletted to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instrumentslssues, of FRS 102 to all of its financial instruments. Flnancial instruments are recogni5ed in the truses balan￿ sheet when the tnjst becomes party to the contrartual provisions of the instrument. Financial assets and Ilabllltles are offset. wlth the net amounts presented In the financial statements. when there 15 3 legally enforceable right to set off the recognised amounts ènd there is an intention to settle on a net basis or to realise the asset and settle the Ilabllity 51multaneously. Baslcllnonclolossets Basic financial assets. which include debtors and cash and bank balances, are Inltlally measured at transaction price IndudlnÈ trnnsaction costs and are subsequently carried at amortised cost using the effective Interest Method unless the arrangement constitute5 a financing transactron. where the transaction Is measured at the present value of the future recelpts dlscounted at a market rate of interest. Financlal assets classified as receivable withln one yeèr are not amortb5ed. 8askflnanclal Ilobmltles 8asi¢ financial liabill￿e5. Includlng credltors and bank loans are Inltlally recognised at transaction price unless the arrangement constitutes a financing transactlon. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabillties classified as payable within one year are not amortised. Debt Instruments are subsequently carrled at amort15ed c05t, using the effective interest rate method. Trade credlrors afe obll83tlons to pay for goods or servSces that have been acquired in the ordinary coutse of operations from suppliers. Amounts payable ère clas51fied as current Ilabllltle5 If payment 15 due wlthln one vear or less. If noL they are presenred as non-current liabilities, Trnde creditors are recognised initially at transartlon price and subsequently measured at amorrlsed Cost usln8 the effectlve Interest method. Derecoqnltlon ofllnandt7111abllftles Financial liabilities are derecogni5ed when the trusvs contractual obllB3tiOn5 expire or are dischar6ed or cancelled. 1.11 Employee benefits The cost of any unused hollday entitlement Is recognised In the period In whlch the employee's services are received. Temiination benefits are recognised immediately as an expense when the trust Is demonstrably committed to terminate the employment of an employee or to provlde temiination benefits. 1.12 Retirement benefits Payments to defined contributlon rerirement benefit sthemes aTr ¢har8ed as aft expense a5 they fall due. 11 WASHINGfoN MILLENNIUM CÉNTRE Tftusf LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCM2025 Income from donations and le£acies Unre5trlcted lunds 2025 Unrestricted funds 2024 Sunderland City Councll Grants and Covid-19 Grants 1,850 3,333 Inotball Photo.wpyin8 Income 118,692 34,593 49,587 134,598 38,733 20,625 876 124,946 37.065 45,962 136.830 31,290 17.520 342 397,704 393.955 Income Irom Investments Unrestrlcted Unrestrirted funds funds 2025 2024 Interest recelvable 16,437 8,352 12- WASHW4GTON MILLENNIUM CEiifRe TRUST LTD NOTES TO ThE AIIANCIAL STATEMENTS ICONllNiIEDI FOR ThIE YEIIR£NDED31 MAftCH2025 Expendliure on tharltable ac¢Mtles Charltable Charhable Acthiities Arti¥lties other charitsble expendlture 75,645 65,623 Sh•r¢ ol support and 8wemance costs Isle note 61 Support Governance 269,063 3.020 2525 401210 337,706 Is bylund Unre5tr1cted furK15 401210 337,706 Staff costs Depreciatlon Employee costs not Induded In dlrect costs Premlses expenses Adm5nlstr3tlve overheads Professlonal fees pald to advlsor5 Otherthan the audltor orelaniner Flnan¢e costs Gcvemantt 194.348 24,342 3,494 172.038 24ffi24 4514 57,933 8,795 1,149 12,224 1,925 2525 3,020 325,565 271083 Charftable Acdvltles 325.565 272,083 rlet nThment In fvnds The net movement In fvnds is statsd after char8lns/lcTedlfj￿). Depredation of owned tsngible tlxed assets 24.342 24,624 13- WASHINsfoN MILLENNIUM CENTRE TRUST LTD NOTES TO THE FINANCIALSTATEMENTS (CONTlhlUED) FOR THE YEAR ENDED31 MARCH2025 Trustees None of the trustees lor ary persons conneeted wlth them) recelved any remuneratlon or benefits from the trust durln8 the year. Employet$ The avera8e monthly number of employees durln8 the year was.. 2025 Number 2024 Number 14 14 Employm•nt Msts 2025 2024 Wa8es and salarles So¢lal securlty costs Other penslon costs 186,036 5,301 3AJII 166,391 3.196 2,451 194,348 172.038 There were no emplDyee5 whose annual remuneratlon was more than £60.(MJO. 10 Tax on surplus on ordlnary a¢tl¥ltles Unrestrfcted Uhrestrlctod funds nds 2024 Corporation tsx 2,735 L587 14- WASHINGTON MILLE14NIUM CENTRE TRUST LTD NOTES TO ThE FINANCIAL STATEMENTS Icoi4nNUED) FOR THE YEAR ENDED 31 MARCH2025 U T•nglble Ilxed assets Totri Cost At l April 2024 Additions 455,265 8,322 240.970 101.435 797.670 8,322 At 31 March 2025 463.587 240,970 101.435 805.992 DepreclatloTh and Impalrment At l April 2024 Depreciation thar8ed In the year 406,827 23.896 240.346 446 101,435 748,608 24.342 At 31 March 2025 430,723 240.792 101,435 772,950 Canylnq amount At 31 March 2025 32.864 178 33,042 At 31 March 2024 48.438 624 49,062 12 Stocks 2025 2024 Flnlshed 8oods and 8oods for resale 2,420 2,420 2024 Amounts fahlng due wlthln one year. Trade debtors Prepayments and accrued income 1,290 2.315 1.290 2,395 15- WASHINGTON MILLENNIUM CENTRE TRUST LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Creditors: amounts fallin£ duè within one year 2025 2024 Corporation tax payable Other taxation and social security Trade creditors A¢¢rua15 and defer￿d income 3,123 22,326 4,576 2.405 1,975 19,488 1,719 2,543 32,430 25,725 15 Retlrement benellt $ehemes 2025 2024 Deflnqd ¢ontrlbutlon schemes Charge to profit or10$5 In ￿sPeCt of defined contrlbutlon schemes 3,011 2,451 The trust operate5 a defined contributlon pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the trust in an independently administered fund. 16 Unre5trlcted funds The unrestricted funds of the charSty comprlse the unexpended balances of donations and 8rants which are not subjecl to speclfic conditions by donors and grantors as to how they may be used. These Include designated funds which have been Set aside out of unrestricted funds by the trustees for for the meetln8 of objectives of the charity and to provlde reserves for the upkeep of the 8ymnasiurn, football pitch and soft play area. At l Aprll 2024 IncomlThg resou￿*5 Resources At JI Marth expended 2025 Designated finds General funds 200,(100 389,464 200,000 401,510 415,991 1403,9451 589,464 415,991 (403.9451 601,510 Prevlous year: At l Aprll 20Z3 Incomlng resource5 Resour￿$ At 31 Marth expended 2024 General funds 523,117 405.640 1339,2931 589,464 16- WASHINGTON MILLENNIUM CENTRE TRUST LTD NOTES TO THE FINANCIAL STATEME￿rs (CONTINUED) FOR TNE Y£4RENDED31 MARCH2025 17 Related prtytransacuons There were no disdosable related party tnnsacoons durfrythe year (2024- none), 17-