COMPANY REGISTRATION NUMBER 01841950 THE CHILTERN CEIURE UMrrED FINANCIAL STATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2024 Charlty Ilumber 1101218 BUSINESS &AP£OIINTAttFS ThÈ Courty¥ ShDreham Ro UppEr 8Eedx Steynin& BN44 3TN
THE CHILTERN CENTrE UMITED YEAR ENDED 31 DEMBER 2024 CONTEtfrs PAfjE Tr4LSteeg Annual Report Independent Audltorfs Report to the Members io- Staternent of Financlal ActNities (incorporating the Income and Expendlture account) Balance Sheet ststement of Cash Flows 16 Notes to the Financial Staiements 17-27
ThE CHILTERN CEKfRE UMITED TIWSfEES' ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 REFEAENCE AND ADMINisfRATIVE DEfpiLS Retsered Charity Name The Chlltern Centre LimEted Charlty Regbtrailon Number 1101218 Company Retsr7tion Number 04843950 (England gnd Wales) Reglstered office The thiltern Centre Grws Road Henley-on-Thames OxFord5hire RG9 liyl DIRECTORS AND TRUSfEES The directors of the th3ritsble company (the charity) are Fts trustee5 forthe purpose of charlty law. The trustoes and offkers servlng durin8 the year and slnce the year*nd were as follows: Sanglta Boyd (Safeguarding Trustee) Lisa Drdge David Haddock Ivor Uoyd (Chalr) Nlcholas Steel (Fundraising Director) Stephen Unsworth Poul Venables (Finance Director) Helen Mary G055 {reslgned: 18 Marth 2024) Secretary David Haddock Honarary Presldènt Pa1 barrett Patrons Lady MrAlpine Mr Alex Haigh Mrs Gale Scouller Mr ChrLstopher Laln8 CBE DL Director of Ser¥l¢es Gareth Groves Ntsmln8ted lfidfvldual Stephen Unsworth Parentsl Ad¥isor to the Board Lisa Drdge Media Advisor to the Board Richard Reed
THE CHILTERN CENTrE LIMITED TrusrEW ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 Independent Audllors TC Group The Courtyard Shoreharn Road Upper Beedlng steyning West 5u55ex BN44 3TN Bankers The tsoperatlve Bank plc PO Box 101 l Balloon Street Manchester M604EP CAF Bank Limited 25 Kln8s Hill Avenue Ings Hill West Mallin8 Kent ME19 4JQ
THE QIILTERN CENrnE UMrrED TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present thelr annu31 Trustee5' report together wlth the financlal statements of the charitable company for the year ended 31 December 2024 whlch are also prepared to meet the requlrements for a Dire¢tors' report and accounts for CompaniL8 Act purposes. The finandal statements comply wlth the Charities Act 2011. the Companles Act 2006, the Memorandum and Article5 of Assodatlon, and the tharltles Statement of Recommended Practlce lappllcable to chadtles preparlng their accounts in aordanCe wlth the Flnancial ReportEn8 Standard applicable in the UK and Republic of Ireland; FRS 1021 i55ued in October 2019. STRucfuRI GOVERNANCE AND MANAGEMENT Charitable Ststus was granted to the Company on 16 December 2003. The charlty ts a prlvate company Ilmlted by guarantee. Its governing documents are bts Mernorandum ènd Articles of A5sociadon. Management Stru¢bJre The Board of Trustees dlrects the strategy of the chartty and monltors all a5pect5 of the chariffs 8Ctivitie5 at its quarterly Board meetlngs. The charity is mana8ed by a Senior Leadership Team comprfsed of the Dlrector of Services, Head of Fundraising, Flnance M3nager, Administration Manager and Deputy MahaEer. The day-to-day dellvery Dfcare and support is managed bythe Deputy Manager, Team Leaders and 5enlorTeam who in turn are supportEd by a team of dedicated and PaSSiQAate Supportstaff. Pn)cedurns for AppolntlngTrustees In normal arcumstantès. In appolntln8 new tnthees the Charity make knfomi8tlon w4llable externally of a vacancy, to entourage appllvdnts from dlver5e groups Induding global majorlty. It may also approach indlviduals who may be able to make a partlcularc0ntrfbjon and Invlte them to be consldered. The Charity applle5 equal opportun1tiè5 poll¢les to the appointmerbt of trustees. Induction and Training olTrustèes ProspectNe trustees wlll be given a Yrust* Recrultment Pacv outllnin¥ their expected role and rÉsponsibillty, s well as approprlate literature frorn the Charity Commisslon to help ensure that they are fully conversant wlth thelr role and dutles, They will also be invited to attend a Board meen¥ as an ob5erwer and to V151t the Centre and become acqualnted flrst hand with its work. All TTU5tees are rÈquiTed to undergo vettlng by the DBS and to complete trdlnlng in safeguardinE. are a150 direrted to a number of helpful Charity Commission r2s¢urces. The 8oard 15 enLvuraged to crltlque its performance at regular interval& Rlsk Management The trustees are responslble for the Magernent of rkS faced by the Centre. To ensre effielent rlsk management they oversee ENOse5 whith iderrtifv, assess aThl control risk. The trustees perFDnn their own review of the major rfsks to which the charfty Is exposed at their quarterly Trustees" Meetlngs at whith the Senior Leadership Team Ss present and take appropriate action5 to mitigate those rlsks. Followlng CQC registration a number irf trustees have vlslted the Contre and l(MJked at any areas of conc@rn to ensure compllance wlth CQC requlrements.
THE CHIITERN CENTrE UMITED TRUSYEEY ANNUAL REPORT YEAR EI4DED 31 NCEMBER 2024 Publ1¢ Benef Ststsmert Sectlon 4 of the Charitie5 Act 2011 requires the charlty trustees to comply wtth thelr duty to have due regard to publlc benefit Euldante publlshed by the Charity Commlsslon in exerelslng thelr powers or duties. As Trustéés we are mlndful af thls obllgatlon and have refernl to the guidan when reviewlng our alm5 and objectives and in plannln8 our futur8 acuvltles. We have considered how planned actlvlties wÉll contribute to the alms ad oblectlves we have. About The Chlltern Centre The Chlltern Centre has one simple goal: to give young people wlth dlsabllltie5 H place to thrlve. Over the years The Chiltern Centre has become an important part of the community, offeringavarietyof enriching opportunltles that support our youn8 aduks to Ilve Ilfe to the fvll. The Chiltern Centre has always beeft abo more than just care and supporL it has been about celebratlng every Indtvldual, supportln£ thelr joumey and aspirations, and matlng all their achlevernents algngthe way. The Chiltern Centre is rtlll dflven by ihat same purpose, thanks to the dedlcatlon of our amazing team, and the generaslty irf our supporters. For the people We 5uppor¢ The Chlltem Centre Is a place of frfendshipi growth and everyday joy. It Is a sp6ce where everyone can discover thelr potsrrtlal, bulkl lastlng relatlonship5 and experience moments that tnjly matter. We are cDrnmitted to offerfng young adults with dlsabilitie5 the opportwilty to thrfve and bé who they want to bel 2024 overvlow 32 people used The a)Iltem Centre In 2024 where we provlded 10.183 hours ( day support and 19,669 of overnight support. The People we SUPPDrt have continued to take part In a wide varlety of enriching opportunitles such as Vana Farm, Inclusion Unllmf(ed and Music Therapyi and they have also ÈxperSenced education through working In partnershlp with The Beale Trust. These have Biven them the opportunity to experfeTrce a work environmenL learn new skllls, ehgage with thelr natural envlronment and focus on thei,- health and happlne5S. Further weekends awaywere spent at Butllns and The Calvert Trust creating many lastlng memorles. Our Buddies Soclal Group contlnue5 to thrfve, wtth the Group performlng The Sflent Boy at The Kenton Theatre and ¢nce more belng an Int@8ral part of the Henley Regatta for the Disable(L In 2024 our stth have ge above and beyond to provlde Supportive. crpative and dynamlc enabllng people to fulfll their pDtemtial and live the life they choose. environments We facusEd on promotlng the wellbeing of staff through recognising and celebrrIg Staff a¢hlevements and hlghlighdng natlonal evenls such as Mentsl Health Avrareness Week. Fundlng Service revenue 15 recefved through eorrtrdcts with Local Authorrties, Integrated Care Boards and through dlreLt payrnents. Due to maximisSng capaclty, the thlltern Centre can remaln sustslnable for the longer term. Addltlonally, through the excellent and proactive work of the Fundraising Tearn we can provide new opportunltles and experlences for the people we support.
ThE CHILTERN CENTRE UMITED TRusfEEY ANPIUAL REPORT YEAR ENDED 31 DECEMBER 2024 New Build Prolert Today, after 20 SucsSful yeaT5 at our existln£ locatlon. WÈ are oper3tlng at full capaGty on overnl8ht stsysi look after 27 young people and have an ongoing walting st ofover 20 young people and their famllle5 who want to use our servl¢es. Thls demmstrates the dear ratlonale and urgent need for our new bulld. Paul Barrett our Honorary PrÈsldent and Pwjl Venables our FIniffl Director have takan on the day404ay mana8ement of the proJect and lead the negotlatlons wth key stskeholders. Our bulldlngs commlttee whlch meets monthly Include5 Seasoned professlgnaL% In propeitydevelopmenL plannln8 and architecturethat provlde expert advlce on a pro bono basls, and we ere very grateful forthelr efftirts. In 2021 NenlÈy Town Councll approved the indusion the Hlghlands Park development and the exlsting Chllterh Centre site in the revised Joint Henley and Haffpsden Nel*ourhood Plan. Thls wa5 subject to a referendum and wa5 approved by 30% of Henley and Harpsden resldents who voted. As part of the appmed Henley & Harpsden plan. Crest Nicholson (owner and housing devdoper} of the Highlands Park Northem Field have publicly corrsrnltted to (lonatlng an acre of land to the Chlltern Centre as part of that development. Thls wlll enable us to bulld a modern purpoSbU11t faclllty In the Henley area which will double ouropa¢xtyand set us upforthe next 2year The proJert Involve5 4 main stages, l. Agreement with Crest Nltho150n on the donatlon and tlmlng of transfer of a Serviced plot of18nd of I 2. The deslgn, plannlng, contractlng and build of our new facility. 3. The sale of our exlsting premlse5 to generate funds fDr t.4e new build and 4. A successful fundralslng project to ralse In the region of c£4m for the Thew build of whlch we expect the tharity and the sale of our exlsting faclllty to provlde ¢EI.75nL Thi5 is a complex project. crftlcal parts of vthidi are not within our control. e5peciallythe tlmlng of Crest applying for and securing planning pemiisslon fcrf the development and then starting construrtion whlch will determlne when we get acce55 to the slte tLJ build our new factlity. Our asplratlon Is to have Completed the proJect within the next 5 yèars. Once the timing of Crests development becomes more certain, our CUert slte wlll be marketed for sal2 for building develppmen( and we Mll launch a major fundraisi campalgn to fund the newfadllty at Hlghland Park. In January 2025, Crest NlcholsoTr submltted their HW)rld plannlng applicaticffl for the Highlands Park delOpment, whlch is an important first milestone in the pfannlng process. In March 2025, we agreed Outline Heads of Temis wlth Crést Nlcho150n on the donation and timing ofthe l acre servlced plot. We are well undemy with the design of ourprop05ed new buildfacllty. which wlll require plannlng permlsslon and In November 2024. we submltted our Design and Access Statement to SODC as part of a pre-application planning enqulry and received positive and waluable feedbatk on that submlssl(m from SODC In January 2025. Thi5 15 a once in 8 generntion opportunlty to secure the long-tem futu of the Chiltern C£Thtre and slgnlficantly expand the levol of services we can provide lor young adults with dlsabllities in our community. We will need the tontlnued full support of the local community to make thls project a reality.
THE CHILTERN (E•ITRE UMITED TRusfEES' ANNUAL REPORT YEAR ENDED 31 DECEMBFJI 2024 Fundralslnt 2024 has brought continued finandal challenge5 for many. yet thank5 to the unvrdvering generoslty af our 5upparters and friends, we were On agaln able to meet our fundraislttg target to secure the on80ing financial sustalnabllity of the Centre. ThroughoLrt the year, we hosted a rdnEe of SucsSJ1 events that not only ralsèd vlt31 fiJnds but also strengthened our sense (rf cofflmunlty In Henley<)n-Thames and the surroundlng areas. Our ever-popular golf days were held at both Badgemore Park Golf Club arKI Henley Golf aub. We were also delighted to be chosèn as the Lady Captsln's chartty ofthE year at Badgemore Golf Club, who ralsed over £6.)0 for the Chiltem Centre. We also extend our heartfelt th3nk5 ts the Many local businesses, communlty groups, and schoob whose Involvement has been instrumentsl In our ablllty to proyide consistent care. Qur speual Thanks go to parents of Trinlty School whose blke ride raised over £11,0 and Rupert House School who have adopted us as theirchèrlty of the Year for 2 yeark We Tem2in especially grateful to the organisers of the Bi8 Sunday Lunch for thelr continued and consistenL 8enerDUS 5upporL AftEr belns postponed due to the devastatlng earthquake In 2023, our challenge trek to Mount Toubkal In MOTOCCO was finally able to take place - and proved a huge succe55, rai51ng over £24,000 wlth all the team successfulty summltting the highest peak in the Atlas Mountsins We ere fortunate to rttelve coftslstent backing from numerous tharltable Trusts and Foundations, enabling us to plan and deliver essantial eare wlth confidence. South Oxfordshire Dtstrfct Councll contlnued to support our Communlty Fundraiser role, forwhlch we arevery gratefLtI. In a finandal dlmate still shaped by the cosi-of4Mng crlsls, the support of our local communlty has remalned steadfast. Flnally, the Trustees would Ilke to express their deep appreciation for the hard work and creatlvlty of our part. tlme fvndrai5ing team: Jane Ainslie. CJ)eryl Purver, Izzy Artsell. and Emma Lerche-Thomsen. Patrons We are deeply grateful to our wonderful patron5 Lady Judy McAlplne, Al Halgh, Gale Scouller and Christopher Lalng who have conslstently supported the Chlitern Centre In many ways over many yea Advisors Lisa Drage contlnues as Parentsl Adviscr to the B¢)ard. Helen Goss was appolnted In March 2022 as Trustee and pro bono legal advlsor to the Centre. she resigr*ed In M4rch 2024. we are currently seeklng a legally trained replacernent. Rlchard Reed continues as Media Atthrfsorto the Board and to the Fundralslng Committee.
THE C&IILTERN CENTrE UMITED TiiusfEES' ANNUALREPORT YEAR ENDELI 31 DEMBER 2024 FlnancFal Revlew The background to the 2024 flnandal results and the Compaon$ wlth 2023 Is that In 2023, we Saw a fvrther Increase in demand for our services induding record ut11153tlon of ovemlght capaEYty at >98% untll November 2023. In 2024, the demand for our day services Increased further end although utlllsatlun of overnlght capaclty wès lower In QI, Itthen increased toc98.5%of paCity forthe remainder of the year. Thisalong vjlth a slgnlflcant ongolngwaitlng Ilst of >20 young adults and theirfamilies. continues to demonstrate the need for our newfacilty alld the materlal Increase In capaclty that thb wlll brlnE. As In 2023 and like rnost buslnesses, we fa¢ed a major Challge to kncrease and retsln our hlghquallty management and tare stsff, and to ensure we continue to provide a high-quallty sÈrvl¢e to our young adults. we Increased care staff pay levels by 5% In Aprtl 2024. Additionally, we further streiwhened our managÈment team with the appolntment of a depLty centre manager, and this appointment and retainin8 a hi8her level of utlllsatlon of core care staff across the year enabled us to materially reduce agency Staff In the year by ¢70%. Finallyi and importantlyi on the baek of our 2023 flnanclal perfomiance did not increase our thar8e rates In 2024 Totsl underlylng Incomp l£¥cluding leKdde5 and matertal one off items) decreased by £4k to 1253l compr151ng income from charltable attlvities Iservlces provided) of £973k (down £7k) with the Centre continuin8 to operate at near record utilisation levels, Income from fundralslng Induding grants and donations £t £229k {down £17L primarily due tg the fact that in 2023 we had a 20 annlversary tundraising dinner} and interest Inwme of £50k lup £20kl. In eddttion, in 2023 we receNed one off income 01 £14k from a legacy whith was deslgnated to our new bulld projert fund. Total costs Increased by £61k or 6% to £1097K comprfsing tsts on ¢harltable attlvitie5 {5ervices promdedl of £987k lup £63kl, with the strengthenlng of our operatlonal managemenL pay increa5e5 and other inflatlonary cost Increase5, and costs from fundralslng at £IIOk (down £2kl. Thus cverdll, wegenerated a surplus of £15Th In 2024 whl¢h ¢ornpare5 to an underlyin8 surplus of £221k in 2023. Thg ro5uIts in both years aro a credlt to the efforts of our Dtreclor of SepAces and hts tearn and the fundraising stsff who. continue to work hard to rnèintain a hFth-quallty senllce to the Young Adults and thelr famllies who Use our seNices, malntsln staff continuity and morale and 8enerdte irnportant levels of fvndraislng whlch Is vltal to thè continued success, the vlabllity of the ntre and our aspiration5 forthe ne*1 build proJecL The results also clearly demonstrate the continued vltal Imp[brtan of our fundralslng effi>rt5 05 the net funds ra15ed In 2024 of£119k comprfse the malorlty of the £157ksurplus. In fact, excluding net fundralsin8 income and interest income, our charitable actlvlties {servlees provided) operated at a deficlt of £13k Furtherto the earller note on the proposed bullding projert. we have formally desi8nated B further £150k of our unrestritted reserves towardsthe cost of the new bulld, thlch bringsthet¢Jtzl funds designated to the new build project to £1.25m. Movlng onto the Balan Sheet, the Centre Flnance Manager has continued to keep a tlght control on Cash Ilection and debtors. TRde debtor5 of £185k wa5 the Same a5 athleved in 2023, and we exited the year wlth a cash balance of £1451k up £179k on the prevlou5 year. tring the year. we incurred pital expenditure of £27k on a repl¥cement mlnlbus.
THE QIILTERN CEPmlE UMITED TrUSTEEY ANNUAL REPDRT YEAR eNDED 31 DECEMBER 2024 Reswve5 Policy The trustees have ¢on31dered the need to hold reserves to balance rtsk and have set a policy which makes provlslon for free reserves equivalenl to three months runnlng costsforthe charfty. Three month5 running costs are currentty deemed to be c£310k bythe trustees, The general fund of £494k Includes tsnglble flxed assets Inot coveréd by the re5trictlve funds) of É157K wlth the rernalnln8 £337k to cover the runnlng costs otthe charlty as perthe pollcy notéd abov& Addltlonally. we have unrestricted reserves of £1.25m whlch 15 deslEnated towards the new bulld prolect fund. Future Plans we continue to further Improve and devdo? the hlgh-quallty bespoke services provlded by the centre ènd plan for the potential new building project whlch would transform the capaclty and servlce5 we provide for our Young Adults, their families and our prospecllve cllents, our current prloritles are as follows., l. To contlnue to pwvlde a high-quality per5onaf55ed serv1 for as many Young Adults and thelr famllles as capadtv CofLStralnts In our existing fadlity enoble. 2, To contlnue to ensure the finanelal vtablllty of The thiltern Centre for the long term. 3. To continue to support the Henley and Harpsden Neighbourhood Plan. and 5pecth¢ally al planning permission to be Eranted to the Hl8hland8 Farrn development and the proposed new Chiltern Centre building Included wthln It and b} the Sale or redevelopment of the existing Chiltern Centre facility a5 a site for houslng development which will help generate material funds to support thÈ n8w build proJert. 4, To cont]nue to develop fijndralslng plans to SUPPOrt the new bulld project should plannlng permlsslon be 8lven to the Highland5 Farm development and the proposed new Chlltern Centre building. Thank5 The TNstees would Ilke to thEnk the many natlonal or8anisations who support us, as well as many orEanlsatlons and Individuals in the local communlty who do so. Thanks, are a150 due to our Mernber5 and the growing ranks of Friends a5 well as the Henley Standard and Henley Herald for their onEolng coverage atxl support; to South Oxfortshlre Dlstrict Council for their gTrnts; to the parents and carers of the thlldren and you n8 perstsns whci use our sorvice5. We are very gratefijl to our Patrons, our dedicated staff. and to our Fundraising Team fortheir unstintlng efforrs on behalf of the Chiltern Centre.
THE CHILTERN CEI4TRE LIMITED TRusfEW ANNUALREPORT YEAR ENDED 31 DECEMBER 2024 RESPONSIBILMES OFThE TRUSTEES The Trustees Iwho are ais0 the Direciors of the Chlltem Centre Umlrèd fLY the purposes of company lawl are responsible for preparSngtheTrustees' Annual Report and theflnanclal statements In accordance wlth appllcable law and Unlted Kin8dom Accounting Stsndards Iunited fingdorn Genera Ily Accepted Accountlng Pra¢tl¢e). Company law requlres the trustees to prepare flnancial 5ta"¥ernerrts for each financial year, which give a true and falr vlew of the state of affalrs of the diarltablE company and of the incomlng resou$ and ¥pplication of resources, Including the Incomo and expendlture, of the charftable Company for that periiKI. In preparin8 these financial ststements. the trustees are requlred tr•: Select suttable 3coJuntlng pollcles and then apply them conslstendy; Obsgrye the methods and prlndples in the Charities SORP {FRS 102}. Make judgements and e5tlmates that are reasonablè and prudent; Statr whEtherapplicable UK Accountln8 Stsndard5 have been followed, 5ubjectto any matertal departures disclosed and explained in theflnancial statements: Prepare the flnanclal ststements on the goinE concern basts unless It Is inapproprfate to presume that the charltable company will continue in opera:ion. The Trustees are respgnsible for keeping proper accounting record5 that d15close with reasonable accurary at any tlme Ihe flnanclal posltion of the charftable company and enable them to ensure that the financial statements comply wlth the Companles Act 2006. The trustees are a150 responsible for safeguardin8 the a$5ets of the charitable comp2ny and hence for tsking reasonable steps for the preventlon and detection of fraud and other Irregularities. In 50 far as the trustees are aware: There is no relevant audit information of whl¢h the charitable companrfs audltor Is unaware; and The trustees have tsken al steps that they ought to have tsken to make themselves aware of any relevant audlt Infomation and to establksh that the audrtorls aware of that informatton, AUDrroR TC Group are deemed to be re-appointed under sertion 487(21 of the Companles Act 200& Rwtered offlce: Greys Road Henleyon Thames Oxfordshlre RG9 IQR Sgned by order of the Tru5toes 1.1. 25 David Haddock Charity Secretsry and Trustee
INDEPENDENT AUDKfoivs REPORT TO THE MEMBEPS CF IHE CHIIIERN CEIITRE UMITED Icontlnued) OPINION We have aufllted the flnanclal Statements of The Chiltem Centre Umlted {the'charitsble companVI for the year ended 31 December 2024whlch comprise the Ststement of Flnancial Actlvities, the B?lance Sheet, the Cash Aow Statement and the related note5 numbered I to 20. The flnanclal reporting frameworK that has been applled In thelr preparation Is applicable law and United Kln8dom Accountlng Standards, Includlng Nnanclal Reportlng Standard 102 The Finonclal Reportlnq Standord appllcoble In the UK ond RepublK ol Irelond Iunlted Klngdom Genernlly Accepted Accountlng Prartice). In our opinion the flnancial ststements: a truÉ and fairview Df thestate of the charitsblecornpanvs affair5 a5at31 December2024 and of tts incoming resoutw and appllrAtlon of resources, Includin8 its Inwrne and &¥penditure. for the year then ended; have been properly prepared In accordan with Unlted KId0M Generally Accepted Accounting Prartice; and ha¥e been prepared in att0[dan wlth the requirements of the Companies Act 2006. BASIS FOR OPINION We conduttèd our audlt In acc(Kdance with IFrternatioTral Standard5 on Auditing (UK) {ISAs (UK}l and appllcable aw. Our re5ponslblllties under those standards are further described in the Auditorfs responsibilities for the audit of the finantlal stetements settlon of our report. We are Independent of the charitable company In accordance with the ethical requirement5 that are relevant to our audit of the flnanclal statements in the UK, Includlng the FRCS Ethical Standard, and we have fulfilled our other ethical re5ponslbilitles In accordance wlth these requlremènts. We belleve that the audit evldence we have obtslned is sufficlent and appropriatè to provlde a basls for our opinlon. CONCLUSIONS RELATING TO 601N6 CONCER14 In auditing ihe financlal statements. we have concluded that the trustees, use of the going concem basis of acxountin8 ill the preparatlon of the flnancial statements is approprlate. Based on the work we have performed, we have not Identified any materlal uncertaint$ relatlng to events or condltlDns that, indlvldually or collective, may I45t 51gnlficant doubt on the charltable company's abllity to continue as a going concern for a perlod of at least twelve months from when the finanaal staternents are authorlsed for issue. Our responslbllities and the responsiljilities of the trusteL% wlth respectto golng concern are descrlbed in the relevant 5ettlons of this reporL OTHER INFORMATION The other informatlon comprises the information Included In the Trustees, Annual Report. The trustees are responsible for the other Infomatlon. Our oplnion on the financial statements does not cover the other informatton and except ta the extent otherwisE explicitly stated in our reporL we do not express any form of assurance conclusion thereon. In ¢onnection wlth our audit of the tlnancial Statements, our responslbllity Is to read the other InforniatlDn and, In dolng so, consider whether the other inforwTration is materially incon5iStent with the flnanclal statements or ourknowledge obtalned In the audit or otherw15e appears to be materially misststed. If we identify5uch materlal InN5151encIeS or 4pparent materlal mlsstatements. we are requlred to detrmiine whether there15 a material mlsstatement in the financial statements or a materfal mlsstatement of the other Infomiatlon. If. based on the work we have performed, we condude that there 15 a materlal mlssLqtement of this other Information. we are required to report that fatt. We have nothing to report in thts regard. io
INDEPENDEKfAUDITORS REPORTTO THE MEIVIBERS OF THE CHILTERN CEPITRE UMITED IntInued) OPINIONS ON OTHER MATTERS PRESCRIBED BYTrIE COMPANIES ACT 2006 In our opinl(M, based on the work undertsken In the course of the audit: the Inforn)ation glven In thoTiustees' Annual Report, whlch Includes the Directors, Report prepared for the purposes of company law. Is conslstent wlth the fJnan¢lal statements: and the Direttorg Report includedwlthlntheTrUStee AThnual Report ha5 been prepared In actordance with appllcable le8al requirements. MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the Ilght of our knoledge and understandlng of the charitable company and its environment obtalned ITr the couise of our audiL %ve have not identSfled materlal misstatements in the Tru5tees' Annual RqporL We have nothing to report Sn respect of the fDllowing matters vthere the Companles Art 2006 requires us to report to you If. In our opini1. adequate and proper accounting records have rt been kepL or returns adequate for our audlt have not been recelved from branches not visited bv us; or the financlal statements are not in agreement wlth the accounting records and returns.. or certain disclosures of trusteÈs' remLmeration speclfled by laware not made; or we have not received all the Informatlon and explanations we requlre for our audi¢. or the trustees were not entled to prepare the financial statements in ac(ordènce wlth the small companles. reBime and take advantage of the small companles, exemption in PTeparlng the Trustees, Annual Report and frL>m the requirement to prepare a strategic rept>rt. RESPONSIBIUTIES OFTRUSTEES As èxplalned more fully In the tru5tees' responslbllltle5 Statement the tntstees Iwho are also the direttors of the charltable company for the purpose5 of company law) are responsible for the preparatlon of the finanaal st£tements and for belng satlsfied that they gfve a true and falr vlew, and for such Internal control as the tru5tee5 determlne Is necessary to enable the rxeparation of financial statements that are free from materlal mlsststement, whether due to frnud or error. In preparlw the financial staternents, the trust are responslble for assessing the chaiitsble companvs abilty to contlnue as a golng concern, di5closin& as applicable, matters related to golng concern and usin8 the going concern basis of accounting unless the trustees elther intend to Ilquidate the charitable company or to cease operatlons, or have no realistic aSternatlve butto do so. AUDrroR'S RESPONSIBILITIES FOR IHE AUDIT OF THE FINANCIAL STATEMENT5 Our objectives aTe to obtsin reasonable assurance whether the financlal statements as a whole are free from material mi55tateMent, whether dueto fraud or error. and to issue an audltorfs reportthat includes ou¥ oplnlon. Reasonable assurance is a h':gh level of assurance but ts not a £uarantee that an audit condurt8d irF accordance wtth1SAs (UKI will always detert a material mi5Statsment when IÈ exlsts. Mlsststements can arise from frdud or error and are consldered material W, Individual or in the agEregate, they could reasonably be expected to InfluenGe the economic decisions of users taken on the basls of these financlal statements. IrreBularities, Induding fr4ud, are instances of non-comp11an wlth law5 and re8ulation5. The extent to whl¢h our procedures are capable of detertTr Irregularlties, Includlngfraud. Is daailed below. li
INDEPENDEpif AUMORS REpoKf TO THE MEMBERS OF THE CHILTERN CElE UMrrEO (contlnved) £KrENTTO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETEcnNG IRIIEfjULARfTIE4 INiiufxNG FRAUD The obJectfve5 of our aud¢ In respect of ftaud, are: to Idenllfy and assess the risks of materfal mlsstat@rnent of the flhanclal statements due to fraud; to obtsin suffldent approprjate audlt evidence regardlng the assessed rfsks of materlal misstatement due to fraud, through deslgnlng and Implementin8 approprlate responses,, and to respond approprlately to frdud or suspected frdud identified during the audlt. However, the prlmary responsibility for the preventlon and detection of fraud rests with both those thar8ed with goverfian of the entity and rt5 management. Our approach was 45 follows: We Identifled areas of laws and regulatlons that could reasonably be expected to have a material effèct on the flnanclal ststernents from Dur general sector experiente, and throu8h di5CU551on with the trustees and other management [85 requlred by audlljng stsndard5}. and dlscussed with the trustee5 and othÈr fflanaEement the poliaes and procedures rerdIng ¢ompllance wlth laws and regulation5 {see below): We identlfled the folloIng areas as those most fikely to have such an effett: health and safety: General Dats Protecknon regulatlon IGDPRI.. fraud, brlbery and corruptlon: Care Quallty Commlsslon (CQCI, and employment law. Auditing standards limit the required audlt prOdureS to identlfy nonwcompllance wtth these laws and re8ulations to enqulry of the trustee5 and other management and inspectlon of regulatory and legal correspondence, If any. We corrsldored the legal and rewlatory frameworks dirertiy applicable to the finanrlal statements reporting framework {FRS 102. the Companles Act 2006 and the Charities Att 2011) and the relevant tax compllance regutatlons in the UL" We considered the nature of the charltable ¢offpanVs operatlms, the control environment and finandal performan. We communlcated identified laws and regulatlons throuO)out our team and remained alert to any Indicgttons of non-compliance throughout the audit" We consldered the pro¢edure5 and coDtro15 that the charitsble thmpany has establlshed to address risks identified, Dr that olherwlse preven¢ deter and detect fraud; and how senlor management monitor5 those programmes and controls. Based on thls understandinB we deslgned our audtt procedures to identlfy non-compliance with suth laws and regulations. Where the rlsk was considered to be higher. we performed audlt procedure$ ta address each Identiffed fraud rlsk. These procedures Included testing manual journals; revIeng the financial statement disclosures and testing to supportlng documentation; perfoming analytical procedures. and enqulrlng of management and were designed tu provide reasonable assurance that the financial statements were fe from ft7ud or error. Owing to the inherent limltatlons of an audit, there s an unavoidable rlsk ihat we may not have detected som materlal mlsstatements In the financial ststemÈnts. even though we have properly planned and perfDTmed our audtt in accordance with auditing 5t8ndards, For example, the further removed non-compliance wlth law5 and regulatlons Ilrregularltles) Is from the events and transacdons reflected In the finanelal statements the less likely the inherently limlted proodures requlred by auditing stsndards would Identify It, The risk Is also Ereater reE4rding irregularitles occurring due tn fraud rather than error. as fraud involves Intentlonal concealment, forgery, Collusion, omisslon or mlsrepresentation. We are not responsible for preventing non-cornpliance 8nd Cannot be expected to detect non-compliance with all laws and regulatlons. 12
INDEPENDENT AUDITORS REPORTTO THE MEMBER5 OFTHE CHILTERN CENTrE LIMIIED Icontirwed) A further descriptlon of our responsibilities for the audit of the financial statements 15 located cm the Finanaal Reporting Council'5 website atr. www.frc.o auditorsres onslblllti . This description forms part of our auditorfs report. USE OF OUR REPORT This report is made solely to the charitable companrfs rnembeTS, a5 a body. in ac(ordance with Chapter 3 ot Part 16 of the CompaniÈs Act 2006. Our audlt work has been undertaken so that vje might State to the chaiitable ompanvs members those matters we are required to State to them an auditorfs report and for nD other purpose. To the fullest extert permitted by law. we do not apt or assume responsibility to anyone otherthan the charitable Eompany and the charikble comparf5 members as a body. forouT audlt WOTk for this report, or forthe Dpinions we have formed. . q rcx4) Mark Cummlns FCCA Isenlor StatutoryA F(x and on behalf OITC Group Ststutory Audltor Office: Steynin& Wesi Sussex 13
THE CHILTERN CENfRE LIMITED ATEMENTOF HNANc1ALACVITIES IINCORPORATING THE INCOME AND EXPENDITUREACCOUNTI YEAR ENDED 31 DECEMBER 2024 Unregtrlcted Funds DeSIated Funds Restricted Funds Total Funds 2024 Total Funds 2023 Note INCOME AND ENDOWMENTS FROM: Donztlons and legacles Charitable aCtMeS Other trading actiwtie5 Investments Other Recelpts IA63 973A19 33,851 SOh99 455 43 195,012 9n,319 13,851 50899 455 205,203 980,122 54,994 30,074 385 TOTAL 09A87 43,649 1253.136 1,270,778 EXPENDITURE ON: Raising funds Charltable activitie5 109WJ 90273 109,559 987.1x12 112,164 923,536 84329 TOTAL &OW32 84.329 I,09661 £035,700 NET INCOMVIEXPENDITUAE) Transfers bthleen fund5 197,255 1,680) Is675 235,078 16 I00) MOVEMENT IN FUNDS 47,Z55 140,680) 156,575 235,078 RECONCILIATION OF FUNDS 16-17 Totsl funds brought forward 447.192 s0,000 Z18234 1,765,426 1,530.348 TOTAL FUND5 CARRIED FORWARD 494A47 1.250,IJOO 1Tr.5S4 I22,001 1,765,426 The Statement of Ftnancial Activities Indudes all gains end losses In the year and thefore ststement oft¢tal recognised gain5 and loss&s has not been prepad. Ail of the above amounts relate to continulng activilies. The notes on pales 17 to 27 form pwt of thÉse flnanclal statements. 14
THE CHILTERN CENTRE UMITEO bAiANCE SHEEr AS AT 31 DECEMBER 1024 2024 2023 FIXED ASSErs Tangtble assets 293,691 319,156 CURREKrJlrS Debtors Cash at bank 233A31 IA51A96 234,914 1.271238 1,684,727 1,507,152 CREDITORS. Arnountg1gUln£ due wlthln One year (17} (60,882) NET CURREI¥T ASSETS L628AIO 1.446 270 TOTAL Ass LESS CURRE UABILITIES 1,922,001 1,765,426 NET ASSETS 1,922.001 1.765.426 FUNDS Unrestrlrted lunds General Desi8nated 494A47 L250,OCK) 447,192 i.io0,LKJO 1,744047 1,547,192 Restrltted funds 16 I?754 218,234 TOTAL FUNDS 1,922.lJOI 1,765,4Z6 These flnorkclal staternent5 have been prepared in aceordance wlth the provisions applicable to companles subject to the small companle5 regime. 7.Z5 The financlal statements wwe approved by the members of the commlttee on the_..~.................. and are signed on thelr behalf bv: Mr P Venables Hnance Director Company Registratlon Number: 04843950 The notes on pages 17 to 27 form part of these fihanelal statements. 15
THe CHLTERN CENTrE LIMITED CASH FLowsfATEMENr FOR THE YEAR ENDED 31 DECEMBER 2024 2023 Not CJ5h Ilows fmm operating a¢tivltlos Cash 8ener3ted from operdtions 155.953 566,458 InlnI artl¥ilies Purchase of tanglble fixèd assets Investment Income 13 127294) 50A99 116,3061 30,074 Net tash (used In) investinz attlthes 23,205 13,768 Net Increase l (decrease) In Ash cash ewlvalents 179,158 580.236 Cash and rash equ]¥alènts at the beglnnlng of theyear I?723 692,002 Cash and cash equlvalents atthe end of the ygar IN51,596 1,272.238 The notss on pages 17to 27 form part of these Ilnanclal ststemerrt& 16
THE CHILTERN CEt4TrE UMITED NufESTO THE FINANaAL STATEMEI YEAR ENDED 31 DECEMBER 2024 P£COUNTING POLICES a. Ba515 01 accounii The flnanclal 5taten7ents have been prepared in accordance with Accounting and Reportlng by Chzrltle5: ststement of Recommended Practtce appllcable to thorities preparin8 their accounts in accordance wlth the Flnancial Reporting Standard applicable In the UK and Republic of Ireland lissued in October 20191. the Inandal Reporting Stsndard applicable In the UK and Republlc of Ireland IFR5 1021 and the Companies Act 2006. The finandal ststements are prepared under the hlstorfcal cost convention. The flnanclal ststements are presentsd In sterllngtthich is thefunctlonal currencyof the charitable companyand rounded tothe nearest The ChieM Centre meets the deflnltion of a publlc benefit entlty under FRS 102. Aets and Ilabillties are Inltlally rewgnised at historical cost or tranSaCOn value unless otherwise stated In the relevant accountlng pollcy notes. Golng concern Having consldered fvture budgets and cash flows. the trustee5 confirni th* they have no m4terial un¢ertaintles about the entltrfs ability to continue as a golng conrn for the foreseeable future. Fund 4¢¢ounl General fL'nd5 are unrestritted funds. which are available for use at the discrelion of the trustee$ In furtherance of the general objettive5 of the charity. t)esi8nated fvnds are unrestricted funds whlch have been set aslde by the Trustees for pardcular purposes. The aim and use of eath desiwated fund 15 set out in the notes to the linancial siatements. Restricted ftjnds are funds whlch are to be Sed In accordante with specific re5trictlons Imposed by the donor5 or which have been raised by the charlty for partlcular purposes. The cost of raisinE and adminlsterin8 such funds are charged against the speciflc fund. The alm and use of each restrltted fund is Set ottt tn the notes to the financtal ststements. Inco All incorne is included In the Statement of Flnanclal Acthiities vknen the charfty Is legally entltled to the Income, it is probable the incomo will be received and the amount can be quantified wlth reasanable accuracy. The follong spe¢lflc poliiiE5 pre applied to particular categorEes of income: Income from donations and legacies received by way of donatlonsi grants and fundroising e¥ent5 Is induded in full In the Statement of Financlal Actlvltles. Inme recelved for seNlces provldedls reco8n15ed on a receivable basis, Grants are Included In Incomlng ra50urce5 when the charlty 15 entitled to the Income, it 15 probable the income wlll be recovered and when the Income can be measured rellab]y. Glft ald r1rnable on donathns to the crity 15 induded upon submi551gn of the gift aid clalm. Donated servlces and facllltles are Included atthevaueto the charlty wherE thls ean be quantrfled. Inv&%tment income is included wheffj reeelvable. Income rE50urces fn)m tharEtable a¢tNltles are accounted for when earned. 17
ThE CHILTERN CEKfRE LIMITED NOTES TO THE FINANa srATEMENTS YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES (contlnuedl Expermliture All expenditure 15 accounted for on an accruals basis as a IlablTIty Is Incurred. ExpendÉture Includes VAT, which cannot be recovered, and is reported as partof the ewenditure to whith tt relates. Expenditsjre on ralslng funds compr15e the cost 05sociated with attractin8 donatlons and legacy Income. Charltable e¥endlture comprlsesthose crksts Incurred by the charity In the delivery of Its aCt5tIes and 5ervlces for Its beneffclarIes. It Includes both costs that can be allocated direttly tu suth activlties and th05e costs of an indlrert nature necessary to support them. Also Included wlthln tharitable expenditure are governance costs whlch irKlude those costs assodated with meetlng the constltutional and statutory requirements of the charity and Include audit fee5 and salary costs assodated with the audlt and statutory reElstration requlrements. Salary costs are allocated by taklng a percentage of the managerial and admlnlstration support salzries. All costs are allocated between the expendlture cateEorles of the SOFA en a basls deslgned to renect the use of the resource. Where costs cannot be dSrectly attdbuted to particular headlngs they have been 4llocated to acttv(tie5 on a basis consistent wlth use of the resources. Tanglble fixed •5sets and depre¢iation Fixed assets are recorded at Cost less accumulated depredatlon. The costs of mlnor addltlons are rtot cdpitallsed. Depreciation is provided on off1, play and general equipment at a rate to wrtte ijff the Wdlue fully over three years on a stralght line ba51& Depreclatlon Is provided on vehldes at a rate to wrlte off the value fulfy over five years on a 5trai8ht line basls. Depreciatlon Is provlded on the freehold buildlng to wrlte off the value over 15 years. Land is not depredated. The carrying value5 of tangible flxed a55ets are reviewed lor impalrnient perlodically If évents or changes In drcumstances indicate the carryin8 values may not be recoverable. Pension scheme The Charity operates a defined contr5bution perh5ion stheme Into whlch the employees may contrlbute. The Cornpany also contribute5 Ènto this scheme. h. Taxatlon The charity is an exempt tharlty rythin the meanlng of schedule 3 of the Charltles 2011 Hnd Is considered to pass the tests set out In Paragraph I Schedule 6 Finance Act 2010 and therefore It meets the definition of a charitsble companyfor UKtax purpose& l. Cash and cash equlVents Cash and cash eqUalents IndudÈ cash In hand. dÈposlts held at call wlth banks and other 5hort-terni liquld investments With original maturIt of three mnths or less. 18
THE IJIILTERN CEt4TRE LIMITED NOTES TO THE FINANCIAL STATEiIftEIIIS YEAR ENDED 31 DEMBEfl 2024 ACCOUNTING pouaES (contthuedj J. Flnandal Instruments The charltable company has elected ta appty ihe provlsbjns of Sertion 11 'Basic Flnanclal Instruments, and Sedon 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financlal instruments. Financlal Instruments are rocognlsed In the charftable companvs balanc? Sheet when the tharitable cornpany becomes party to th? contractual provlsions ofthe instrumenL FinaNcial assets and Ikbllitles are off5e( wlth the net amounts presented in the financial statements, when there is a legally enforceable rfght to set off the reeognised amounts and there is an Intent(on to settle on net ba515 Qrto realise the asset and settle the liabilty slmultsneously, Basic flnanclal assets Baslc financial assets, which indude debtors and cash and bank balances, are Inltlally measured at transactlon prlce including tr4nsactlDn E05ts and are sub5equendy cairled at amorttsed cost using the Effertive interest method unless the arrangement const5tutes a financin8 transaction, where the transactlon15 measured at the present value of the firture receipts dlscounted at a market rate of interest. Finantlal assets dassified as rLKeivable wlthin one year a not amorti5ed. Basle flnancRI Ilabllths Basic flnancial liabllltles, IncludlnE creditors, are initially re¢ognlsed at transaction price unless the arrangement constitute5 3 finandng transartlon, where the debt instrument Is measured at the present value of the future receipts discourted at a market rdte of intere5L Flnandal liablllljes dasslfied as payable wlthin one year are nol amortised. Trade creditors are obligations to pay for goods or seNices that have been acquired from suppllers. Amounts payable gre clB55rfied as current liabllltles If payment 15 due wlthln one year or less. It not they are presented a5 non*urrent liabilities. k. tslg¢al accountirJE estimates and judsemffits In the appllcatlon of the tharltys accountlng pollde5, the trustees are required to make Judgements, estimates and assumptions about the caTrying amount of assets and liabilitles thatare not readily apparent from other sour¢e5, The estlmates and assoclated assumptlon5 are based on h15tortc?l experlence and other factor5 that are considered tv be relevant. Actual results may dlffer from these estimates. The estlmates and undertying assumptions are revlewed on on on8oing bLsi& Revlsions to accountlng estimates are recogni5ed In the perlod Sn whlch the estimatr is revised. The trustees do not consider that the are any critical estimate5 or areès of Judgement that need to be brought kn thÈ attentlon of the reader5 of the financial statements. 19
THE CHILTERN CENTrE UMITED NOTES TOTHE HNANaAL STATEMEKrs YEAR ENDED 31 DECEMBER 2024 DONATIONS AND LEGAaES Unrestricted Desiated Funds Funds Restricted Totsl Fund5 Funds 2024 Totsl Funds 2023 Grants Donations Le8acies 32,000 I63 43,649 75,649 119,363 122,183 68,804 14,216 151,361 43,649 195,012 205,203 Income from donatlons and legacles was £195,01212023: £205.203) of which £151,36312023'. £104,441) wa5 attrlbutsble to unrestritted funds. £nll12023: £14,216) was attr,butsble from a legacy to a desianated fund, and £43,64912023: £86,546) was attrlbutable to restrltted fun INCOME FROM CHARITABLE AaivmES UnrestriLled Funds Re5tri¢ted Totsl Fundg Trtal Funds nds 20Z4 2023 Inwme from services pravided 973319 973319 980,122 In¢ome from charltable activitles was £973,31912023: 980,1221. all of whlch w45 JttrlbutablÈ to unre5tr1rted nds In both the current and comparative year. INCOME FROM LTfHER TRADING ACtMTIES Restrkted Total Funds Funts 2024 Totsl Funds 2023 Funds Fundra15ing events 9351 33A51 54,994 Income from other trading activities was £33,851 {2023: £54.994I. all of vthlch vrds attrlbutsble to unrestrlcted funds in both the current arKI comparalfve year. Ir+lVESTMENT INCOME Unrestrlcted Unrestricted funds funés Total Funds Total Funds 1024 2023 Bank interest r1vable 50099 30,D74 20
THE CHILTERN CENTrE UMITED NOTES TOThE FINANCIALSTATEMENTS YEAR ENDED 31 DECEMBER 20Z4 iyrHER INCOME Unrestrltttd Unrestricted funds funds Total Funds Totsl Funds 2024 2023 Other rEceipts 455 385 EXPENDITURE ON RAISING FUNDS Unrestrlct4d Funds Restrlrted Total Funds Total Funds 2024 2023 Fundralslng costs Staff costs (note 12) Other costs 86A96 23J63 86,396 78,787 33,377 109.559 109.559 112,164 Expenditure on raisin8 funds was £109,55912023: £1111641, all of whith attributable to unrestrirted fvnds In both the current and comparative year. EXPENDITURE 014 (XARITABLE AcnviTIES BY FUND TYPE Unrestricted Funds Restricted Total Funds Funts 2024 Totsl Funds 2023 Care and welfare staff eosts Inote IZI Caterlng Play equipment Outings Management and adrnlni5tration costs Inote 91 Govemance costs {notÈ IOJ 453256 18A 330 4651 35.583 4B8039 18A13 1.330 37,873 490,823 13,031 1,324 48,493 11222 341,753 6&270 37,524 379277 61270 317,043 52,822 902.673 84.329 987.OIY2 923.536 EXpendu[e on charftable actlvltles was £987.002 (2023: £923,536) of which £90I673 {2023,, £791,8181 was attribLrtable to unrestrttted funds and £8432912023.. £131,718) was attrtbutable to restrlrted fund5. -21-
THE CHILTERN CENTRE UMffED rioTES TO THE FIP4W4CIAL SYATEMENTS YEAR ENDED 31 DEMbER 2024 MANAGEMENT AND ADMINISTRATION C0515 Unrestrirted Fund5 Restrlcted Total Funds Funds 2024 Total Funds 2023 Staff CDsts (note 121 Property costs Servlang & maintenanee costs General adminlstrative experrses Professional & regtstratton fees Depreciation 150.646 13,669 49.369 94,208 lo55 23J06 123A12 11,624 38,129 9D,558 6,642 46,678 13.669 S7A40 4071 10.555 51759 29A53 341,753 3724 379277 317,043 10. GOVERNANCE COSTS UnreJtrl¢tsd Fund5 Restrlcted Total Funds Funds 2024 Totsl Funds 2023 Staff costs (ntste 121 Auditor's remunerdtion Bank charge5 50.215 9.360 L695 503 9.360 L695 41,137 10,288 1.397 61,270 61,270 52,822 11. NEf INCOMING I IOUTGOIN6) RESOURCES FOR THE YEAR Thls ts ststed after thargln8: 20Z4 2023 Depreciation Audltors, remuneration: -audltofthe finandal statements 52.759 46.678 9.360 10,288 22
THE CHILTERN CENTRE UMITED NOTES TO THE FINANCIALSfATEMEIITS YEAR ENDED 31 DECEMBER 2024 12. STAFF cosrs AND EMOLUMENTS Total staff easts were a5 follows 2024 2023 Cantrdrted employe¢$: Wages and salarie5 Employers national insurance Pension 614.774 52,686 39.401 522,097 37,351 27,450 706A61 586,898 Other staff relatgd costs: Recrultment TRinlng Clinical nurse Personnel system Agency staff 22,710 17,982 424 7,781 98,364 26,396 8349 2952 69R35 147,261 Totsl stsff costs 776,096 7.159 Particulars of ernployees: The average number of employee5 during the year was as follcpws: 2024 No. Is 2023 No. 16 Care staff Management Admlnlstration Fundr31sln The number of employees whose emoluments feu wlthin the followlng bands MM5: 2024 Number 2023 Number £60,001- £70,Cm No trustee re£elved any remuneration or expense Tpimbur5ements during the year12023: nlll. Key management personnel mnslst of the Dlrector of Servi¢es, Deputy Manager. Admlnistration Man38er and Finènce Manager. The remuneradon of key management personnel Ilncludlng Employerfs Natlonal Insuran Contrlbutlons and EmployErfs Pen5iDn Contributions) was £195,93812023.. £14G,9511. The Deputy MartaEer was a new role created In December 2023. 23
THE CHILTUW NfftE UMITED NOIESTOTHE HNANCIALSTATEMErirs YEAR ENDED 31 DECEMBER 21)24 13. TANGIBLE FIXED ASSETS Frééhold land & bulldlng Office Play & other equlpmènt equlpment Vehkle Total cosr At lJanu?ry 2024 Additions DIsp05als 688,156 61071 S318 27,294 825,685 27,294 (26,3201 (6,680) 119,640) Al 310ecemher 2024 688J56 55,391 81.112 824,659 DEPRECIATION At l January 2024 Charge for the year Dlsposal 407,797 29.453 19.640 31904 15,312 So429 52,759 (26,3201 7,994 {6.630) {U,640) At 31 Decemljer 2024 437250 45,502 53D,968 NET BOOK VALUE ' At 31 December 2024 31896 293,691 At 31 December 2023 280,359 17,883 20.914 319.156 14, DEBTORS 2023 Trade debtors Gtft Aid claims Prep¥yments and accrued Income Other debtors I8456 4A99 43.976 184,910 4014 ,443 1,547 233331 234,914 IS. CREDITORS: PATUnts falling withln one year 2024 2023 Trade credttors Taxation and social seuJrity Accruals and deferred Incomo 18,454 17,144 25,284 UA30 56A17 60,882 Deferred income of £nll12023: £17.(4 represents the unrecoBnlsed donatlons received for speclflc fundraisin8 to be undertaken in forthcomln8 perfods. 24
THE CHILTERN CEPlfRE UMrrED NOTESTO THE nFNaAL$fATEmENrs YEAR ENDED 31 DECEMBER 2024 16. ANALYStS OF CIIARITABLE FUNDS ANALYSIS OF MOVEMENT IN UNRE5fRicfED FUNDS Balancq at l Jan 2024 Balance at 31 Dec 2024 Income Expendlture Transfers General Funds Designated Funds 447,192 1309A87 (LOI42321 1150,IHMJ) I502 494,447 50,000 1,547,192 1,2Q9.487 llJJ12 2321 744A47 The general fund Indudes tangible fixed assets (not covered by Restrlcted Fundsl of £156,958 {2023'. £152,970F, The free reserves lunrestrirted funds excluding tangible flxed assets) are £1,587.489 12023: £1,394,222>. Included Vthin free reservÈs is £1,250,OCQ deslgnated towards the bulld ptoject fund (2023: £1,100,000). De5i8natsd lunds comprise the follong. Bulld prolert fund Thls represents funds rel£tinB to the new build project. During the year, £150,000 was tranSferd out of unrestricted general funds to deslgnatsd fvnd5 (2023: £285,784). In 2023 we were 8150 granted a le8ac¥ of £14,216. ANAiYSLS OF MOVEMENT IN UNRESTRICTED FUNDS- previous year Balance lJ#fft 2023 Balan at 31 2023 Income EXPenrture Trnnsf¢r5 General Funds DeslEnated Funds 466942 8.000 1.170.016 14,216 (903.982) 1285.784) 285,784 447,192 I,100,0 1,266,942 I.IB4.232 (903.982) 1,547.192 ANALYSIS OF MOVEMENT IN REsfRicfED FUNDS Balance at ljan Z024 Balance at 31 DEC 2024 Income Expendlture Transfers Specific servlte provislon fund Equipment fund Buildin8 fund M.$36 7,712 40.149 3.5(Kl 146.SQ51 18.071) 129.453) 37,680 3,141 136,733 (84A29) 177,$54 Speclfic SeNlte Provision Fund This represents grants and donations made to the cornpany in respect of the provlslon of spetlfic seNices. These are relÈas@d to revenue in accordance wlth the supply of those services. 25
ThE CHILTERN CENTRE UMITED NOTESTO THE FINANCIAL sfATEMEiirs YEAR ENDED 31 DECEMBER 2024 16. ANALYSIS OF CHARrrABLE FUNDS (¢ontinuedl Equlpment Fund Certain donations were made wlth the proviso that they should be used for the purchase of speclflc equipment. Building Fund Thls represents the donations and mortgage whith secured the purthase of the MpanY'S premlses In February 2006 together with funds for ongoin8 buildlnB costs, plus the net book value of the éxtenslon to the premises In 2012. ANALYSIS OF MOVEMENT IN RESTRICTED FUNDS *re¥lous year Balance at l Jan 2023 Balance It Transfers 31 Dec 2023 Income Expendlture Speclfic servlce provision fund Equipment fund 8uilding fund 62.307 170A39) 131326) 129053) 44,336 7,71Z 166,186 34078 195.639 263NOG 86,546 1131.7181 218234 17. ANALYSIS OF NEf ASSETS sEEN FUNDS- YEAR ENDED 31 DECEMBER 2024 Umestrlrted De5i¥nated funds nd5 Restrlrted fundg Total Tangible fixed assets Cash at bank and In hand CurrÈnt assets Current liabllltles 156.958 I6075 233331 156A17J 136,TJ3 40.821 2¥J,691 1,451,396 233.331 156rt17) so.o Totsl Fund5 494A47 1.250WOO 177.554 1,92LOOI ANALYSIS OF NEfASSEfs BEDNEEN FUNDS-YEAR ENDED 31 DECEMBER 2023 Llnrestrlcted DÉsl2naled fun(ts funds Restrkted lunds Tofal TangIefiXed assets sh at bank and in hand Current assets CurrÈnt Ilabllltles 70 0,190 LI{.000 234,914 I6082} 166,186 52.Q48 S19,156 1272,238 234.914 (6Q882) Total Funds 1147.192 1,100,000 218.ZY4 1.765,426 26
TrIE CHILTERN CENTrE LIMnED r•msTO THE FINANCIALSTATEMENTS YEAR ENDED 31 DECEMBER 2024 IB. RECONauATION OF CASH GENERATED FROM OPERATIONS 2024 2023 Surplus for the year Adjustments for: InvestrneTtt income Depreclation of tanglble ftxed assets 156.575 235,078 150,499) 52,759 130,Q741 46,677 Movements in worklng capital: Ilncreaselldecrea5e in debtors Increase/ldecrease) In creditors Increase/(decrease) in deferred income 1.583 11619 117,0841 304.Q37 16,3311 17,081 Cash generated from operdtlor 155,953 566,468 19. RELATED PARTY TRAIISAcfioNS Duringthe yearthe charlty received donatlonswlthout attached conditions from 6 trustees totalllng£3.470 12023: 7 trustees totalling £4.735 Fundraising income was recelved thro48h irwteed partlclpatlon In fundralslng events to an amount of £800 (2023: £4.0701. During the year payments We made to a Compa owned by one of the trustees, for trainln8 seNlces, to an amount of £1974 {2023: £16,150). Transactions were conducted at arm's length. 20. COMPANY INFORMATION The Chlltern Centre Limited is a charitsble company Ilmlted by guarantee Incorporated in En8land and Wales. In the event ofwlndin£ up, each member w.ay be requlred to contrlbute an amount, not eedIng £10, towards the setdoment of the companvs liabilkle$, The resistered offlce is Grey5 Road, Henley-on- Thames, Oxfordshire, RG9 IQR. 27