2024-12-31-accounts

REGISTERED CHARITY NUMBER: 1102820 a 3) Soe emt SRS tS ee en, peasete REGISTERED COMP ANY NUMBER: 05046531 et ee 0 RSoeAte Oe

REPORT OF THE TRUSTEES AND OD pe ral eee IF

FINANCIAL STATEMENTS tSa ley eer

FOR THE YEAR ENDED 31 DECEMBER 2024. Te,Sh ee ee tage FOR

SOUTH HILL CENTRE

SOUTH HILL CENTRE COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Registered Charlty number 1102820 Registered Company number 05046531 Princlpal address Cemetery Hill Hemel Hempstead Hertfordshire HPI IJF Dlre¢tors Mr R G Oakes (Chainnan) Mr B L Boggis Mr P J Mann (resigned otl I l th March 2024) Mrs K S mcKe￿¢]1 MrSRMoh Mr G D Wright Independent Examiner J Irvinesmitkn FCIE Independent Examiners Ltd The Grain Store Hi115 Barn5 Appledram Lane South Chithester Wesl Sussex P020 7EG Solieltors Pothecary Witham Weld 70 Si George'5 Square London SWIV 3RD Bankers Santander UK PLC PO Box 1125 Bradford BDI 9PG Aceountan¢s Aeuity Professional Partnership LLP Unit 2.02 High Weald House, lovers End, Bexhill Eas( Sussex, United Kingdom TN39 SES Page I

SOUTH HILL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The Directors present their report and the financial ststements of the Company for the year ended 31 sf December 2024. ConstittLtion and Governance South Hill Cenrre is a Charitable company limiied by guarantee. incory)orated on 17th February 2004 and registered as a Charity on 24th March 2004. The CoTDpany is esthblished under a Memorandum of Association in¢orporated on 17th February 2004 as amended by special resolution dated 18th November 2012 wbicb sets out its objeets and powers. It 15 governed UDd¢r its Articles of Association. It was born out of South Hill Chureb (Hemel Hempsiead). which is also a charitable company limited by guaraniee. The Dir¢¢tor5 have dual roles, the other being as Trustees of the Charity for the purpose of ¢hariry law. The Directors who have served during the period and up to the date of this report are- B L Boggis P J Mann {resi￿ed on I lth March 2024) K S McKerrell SRMoh R G Oakes (Chair) G D Wright Peter Mann has resigned following a change of ¢ir¢umsian¢es, whioh is sad because he was a valuable member of the team. Each Director has significant professional skills and recogni5CS the importaDce of personal training. They have all attended appropriate training courses in the past and they are all expected to keep up to dale M'iih developments in Trustee and Director responsibilities. Training may be specialist in nature depending on the responsibilities the Director has. They are all ¢ommitted to the aims and objective5 of the charity. The Directors have purchased TNsiee indemnity insurance. Jeremy Keeley remain8 our full time Development and Operations m8na8er 2nd manages the Company very effe¢iively under the guidance and direction of the Directors, who cary out some of the executive functions on a voluntary basis. The Centre etnploys staff in Young Discoverer5 (YD), the pre-school run by the Company, other activities and 10 provide recepiion, housekeeping and administrative support to the Company. We are pleased thai Th¢resa Camvrighi continues io manage Young Dlscoverers very effectively. Page 2

SOUTH HILL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OWECTIVES AND ACTIVITIES Aims and Objec¢ives for the Public Benefit The Dir¢ctors are aware of their responsibilities to promote activities for the public benefit. South Hill Centre exists to improve the conditions of life for those in the local community of Hemel Hempstead and the sutrounding area. This is achieved by the provision of high quality childeare services alongside activities and services to the benefit of other Members of the community from toddlers to senior citizens, as described below. Our vision is To be all that God is calling us io be. To demonstrate His love through improving the quality of life for those in our community, building life-long relationships and demonstrating ex¢ellenc¢ in all we do., As a Christian based charity, the Centre's aims are lo.. Be a centre for social development and well-being Improve the quality of life and develop future generations of people in its community Improve social care. parti¢ularly for the less advantaged Help promo(e aD active and socially integrated community Develop skills and employability within the local community Provide facilities and activities to 8iV¢ SUPPOrt to local a8encie$. businesses and other charities Be a positive link between the Church and local community Maln Objectlves for 2024 The main objectives for 2024 and their aehlevement are set out in the table below: OWECTIVES Develop our relationship with South Hill Church which is important lo us and provides the motivation for many of the ¢ommunity activitie5 which we orsanise through th¢ Centre. In particular, (o continue to stren￿be￿ the relationship between YD and South Hill Church and other Centre activities, for both employees and users of the service. We shall continue lo develop this "hand in glove" r¢lationship. ACHIEVEMENTS This objective is one which we retsin from year lo year. li has been al ihe forefront of our minds since the Pandemi¢. Explore with some of our pArtners funher services we can offer to some of the mosi vulnerable in the Community. This has eontinued ihroughout ihe year and we have increased our support to those who are mosi vulnerable. Ensure the continued viability of our Youn8 Discoverers Pre-&chool (YD). YD provides care for all categories of children wiihin the appropriate ag¢ groups. Our manager is focussing on meeting the appropriate standards as required by Ofiied from a secure professional base. She is also ensuring that appropriate support is given to more vulnerable children. To gen¢r8te hire income from activiti¢s which are in line with our objectives. Organisation5 are having to reconsider their hiritbg expenditure as the economy continues to stThg8le but we have been able to maintain our hire income during 2024.we value the support of those who help fund our services. The review of the Tesponsibilities of some of our Senior SÉaff has enabled us to strengthen our service offering and our administration. This objective is being followed through satisfaclorily. Page 3

SOUTH HILL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Direetors operatlons report 2024 was another strong year for the chariry's operations. The Centre continued to provide on-going services io the loeal community and strengthened ils partnerships with other organisations to deliver much needed services to some of the hardest lo reach and most in need, as the "Cosi of Living" crisis continued to deepen and had an even greatrr impact in the local area. Services focussed on encourdging the physical and mental wellbeing of those whom we support. The Centre continued to deliver services ro support the most vulnerable in the COTDmunity. This included employmerAt support through the Road 2 Employment project, in parthership with Herts County Council and other Counry based provider5. This was a continuation of the project started in 2023 and was funded through the UK Shared Prosperity Fund. The project aimed to engage on a ]- I basis with local participants across the Dacorum and St Albans Districts. li targeted those furthest away from the job market to encourage and support them towards employability addressing barrier5 they may face to getting ther¢. The Centre also continued to run ils ' Hemel Hempstead Employability and Wellbeing Hub,. These drop-in sessions ran every. Tuesday and Friday and acted as a 'front door. lo all services that the Centre offers and was attended by several other local organisations e.g. Turning Point Complex Necd5 team. Care Grow Live (addiction support). Liberty Tea Rooms (Budgeting support)- Job Centre Plus {amongst others) and also connected with a number of local employers and other communiry groups. The hub welcomed an average of 100 clients through ils d¢)ors at each session. Suppon off¢r¢d included: CV writing, career d¢velopment. addietion support. housing suppori; business awareness. confiden¢e building, wellbeing support and a number of basic and more advanced IT1Maihs￿nglisb courses. The Hub also continued Éo provide suppon for those with physical disabilities and those wilh oih¢r significant barriers to employment (druglalcohol abuse- mental health- homelessness: criminal record. partial sighiedness etc.). The Hub also incorporated the 'Dacorum Healthy Hub. and working with Dacorum Borough Council. promoted general wellbeing through the servi¢es thai this offered. li also developed and extended its conne¢tions with Hertfordshire mental health teams (Hens Mind Network; Talking Therapies; Herts Partnership Foundation Trusl). It 3150 provided a 'wann / cool space offering free food and refreshments 10 5Qtne of the hardest to reach over the w7nter I summer periods. The Hub also continued to act as the engagement Centre in Dacorum for the 'Multiply' proje¢i. This project was a national iniliative, fvnded locally through Step 2 Skills (Hert5 County Council) on behalf of ihe Departn)¢nl of Education. The aim of the projeci is to focus on everyday numeracy and re-engage individuals who may be unconfident with maths andlor have not achieved numeracy qualificaiions in the past. Working with several other partners across the County, South Hill Centre engaged several hundred individuals and shared best pra¢ti¢e with other hubs being setup around the County. In re5pollse to fi)rther lThm5in¥ needs locally from Asylurn Seekerj and Refug￿ in 2024. the Centr¢ continued lo develop and expand it5 activity 'SHC Inlernaiional Funding was provided by Herts County Council to suppon the ¢onlinualion of this. WorkiDg alongside other organisations, Such as Herts Welcomes Refugees. Reed in Partnership. Herts MIND network ('Flourish' programme) the operations of the Hub on Tuesdaj afternoons adapted to have a focus on international clients - offering free ESOL provision for those with no recourse to public ￿nds, alongside guidance on navigating systems and processes that they needed to follow. A strong relationship also continued 10 develop with the lo¢al displaced Ukrainian Communiry and fjjnding was provided to support several one-off community evenis. In addition the Centr¢ gained additional funding from Herts County Council to continue the running of a regular term time activity on Saturday mornings, for the Ukrainian children, to help foster awareness of Ukraine's bistorical and cultural heritage. Whilst the children mel parents were invited to stay to get addition81 help and support and encourage socialisation amongst this displaced community. Over 40 children 2nd up 10 30 parents attended these 5¢55ions. Page4

SOUTH HILL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Young Discoverers (YD), our Charity rnn pre-school which operates in the Early Years Centre (EYC} building, has Temained open throughout the year, offering term time sessions. Its pre-school sessions and nursery Class 15 spread over 5 days each week and take-up continue5 to be high. YD mainlains its or￿ed rating of "Good" Theresa CartWTight continues as Manager of YD and has focused on developing the quality of the provision through the 'Hertfordshire Early Years Qualiiy standard, scheme. The pre-school gained the bronze standard in 2024 and continues to work on steps needed to bring this up lo the silver and gold levels. Th¢r¢sa is responsible to the Directors for the effective running of the Pre-school and has developed and slabtlised a strong staffing team over this period. Squealers. our carers and toddlers group. continued to provide I session per week to some 10-20 toddlers. Table Talk Plus. a luncheon club. which meets on the first Thursday of each month, also continued successfully in 2024 with over 40 clients attending each session, Whe￿ a two Course meal and entertainment was provided. Both of these activities were run in onjunction with South Hill Church who provide over5ighi and volunteers for Ihem. In 2024 the Centre continued its work providing support for some of the most vulnerable women in the local area particularly those impacted by the significant increase seen in Domestic Abuse. Several face to face support sessions and targeted online courses ¢onlinu¢d to be held lo support the ladies and help them move on in a positive dire¢tion with their lives. In Jun¢ 2024 additional funding was received from Herts Community Foundation to target women from the Asylum seeker and refijgee Community. This work ts a two year project and provided a new challenge lo the tearn who are linking in with 'SHC international, to develop connections and bring their expertise 10 this culiurally diverse Cohort, In order to connect with some of th¢ neediest people in the area, the Centre has continued as a di5tributioo Centre and voucher issuer for the DENS Dacorum Foodbank. This service offers parcels 5 days a week and saw a significani in¢rease in demand in this financial year a5 the impact of the 'Cost of Living, Crisis continued to be felt. Ai the end of 2024 a grani of £5000 was received from Dacorum Borou8h Council to provide extra support lo Ihob¢ mosi in need - particularly focussing on food gift vouchers. Working wilh Dacorum Community TNst the project was sel up to start in Jan 2025 with about 50 individualslfamilies being identified for support. The Centre continued to hosi the Hemel Morning Deof Group and provided links with Hens Vision Los5 and 'Talking Newspapers group. to 5UPPOrt individuals impacted by ihese disabililies in the local area. Support groups fTom these organisations attended the Centre on a regular basis. By the end of this period the Centre had seen a further growth in the demand from other ¢haritable and socially focus$ed organisations lo hire Centre fa¢ililies. Hirers included.. Step 2 Skills. Whizz-Kidz (wheelchair ¢linics); Carers in Herts; NHS Wellbeing Teams. Daconjm Borough Couneil. Hertford5hire County Council: Playfeet Theatre Company; Home Start Daeorum. Read in Partnership> Shaw Tru¥t' Rock Choir; Jupiter Choir. London Show Choir,. Hart Learnins (part of North Herts College). Prevista (ESOL classes); Community Action Dacorum. an70ngst many others. Collectively they provided training> advice, activities and support to ihe lo¢al community and hosted many communiry wide events. All of these organisations, many of which operate in the third sector, were involved in running activities wh3¢h meet some of the aims and charitable objectives of the Centre as ouilined above. The charity's fa¢ilities continued to be used by South Hill Church for weddiogs. ￿nerals, Sunday services and other Christian aclivilies. The Romanian community also share use of the Centr¢ building on Sundays with South Hill Church. Over Christmas the charity ran it5 fourth successful Chrism]as Carol event. which saw members of a local choir sing outside the building io encourage the local neighbours to join in. Thi5 event was supported by both the Ukrainian and Romanian Communities. who provided choir5 Wlth carols in their native languages. Page 5

SOUTH HILL CENTRE REPORT OF THE TRL'STEES FOR THE YEAR ENDED 31 DECEMBER 2024 The Directors are very grateful io the stsff and volunteer5 who helped with all the activitics which we have been able to provide during the year. Many of those who have Served are tllembers of South Hill Church who give freely of tbeir time. We are pleased that around 50 voluDteers from the local communiry also work with us. The Directors provide their time voluntarily. Main Objeedves for 2025 The main objectives for 2025 aTe io.. Continue to develop our relationship witb South Hill Church which is important ￿ us and provides the motivation for many of the community activities which we orsanise through the Centre. Explor¢ with some of our partners further services we can offer to some of the most vulnerable im the community to meet the ever cbanging neds of the local population. Explore aliernative funding opportunities following the aniicipaied end of large contracts in March 2025. Generale hire income from those activities which are in line with our objectives. Ensure the continued viability of our Young Dis¢ov¢r¢rs Pr¢-s¢hool and preparation for th¢ exp¢¢ted Ofsted visit in 2025 Page 6

SOUTH HILL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEC￿L￿BER 2024 FINANCIAL REVIEW Flnaneial posilion The Centre has a brought forward surplus of £1,357,277 and the 5ury)lus of incoming resources for the year was £1,911. The remaining surplus balan¢¢ of £1,359,188 will be carried forward to the next year. The total income for the year was £566.793 (2023: £487,847). Young Discoverers is funded by way of local authority grants. fees received and fundraising activities. Grants of £161.801 (2023: £130,660) and student fees of £16,890 {2023: £18,118} were received in ihe year. The Directors acknowledge the generous giving by the Charity's supporters. Many of these aTe member5 of South Hill Church and during the year these 5UPPOrters gave either directly (including Gift Aid wher¢ appropriate) or indirectly some £6,351 (2023.. £6.600). The total expenditure for the year was £564,882 (2023: £495,443) all of which was spent on charitsble ￿tIvItieS and governance costs. Ai the year end, the Company had n¢t assets of £1,359.188 (2023.. £1,357,277) rcpresentcd by unrestricted funds of £258,758 (2023.. £259,074) and restricted funds of £l,100.430 {2023: £1,098,203). All grants received from the local authority to th¢ preschool are treated as restricted, but other in¢ome, mainly cotnpristng fees paid by parents where grant is not re¢eivablc in respect of panicular cbildren, is unr¢stri¢ted. The remainder of the unrestricted fund includes designated gifts and grants whi¢h lh¢ Centre has obtained. The Ccntre has continued io pay off the mortgage from Kingdom Bank and it is encouraging to sce a total repaymeni of £55,183 (Capiol repayment of £18,778 and interest £36,405) during the period through the Centre's nomal monthly payments. The Directors are aware of the limits provided by the Finan¢ial Service5 Compensation Scheme and arc seeking alternative secure deposit arrangements for some of the fijnds currently held by Santander. The Directors would like to thank Aneena Kuku and her staff at Acuity Professional for their a$$i$tan¢¢ in mainlaining the accounting records during the year and the preparation of those financial ststements. A number of other volunteers provide financial information for the activiti¢s with whi¢h they are involved, and our thanks are ¢xt¢nded to these, and also Naomi Keeley our financial administrdlor. Reserve polley and going ¢oneern Reserves are needed 10 bridge the gap between the spending and receiving of income and lo cover unplanned emergency repairs and other expenditure. The Directors recognis¢ Ihat it is best practice for charity operation5 to retain funds representing at least 3 months expenditure in the Company's bank accounts for contingency purposes. This is based on the chaTity'S size and the level of its financial commitmeni. The Directors seek (o maaage this for both Young Discoverers and the charity'5 Other activities and this has been achieved in the year. The Director5 will ensure the charity is able to continue to fiilfil its charitable obligations and will seek to mainiain this level of reserves in 2025. The Directors believe their future plan5 provide for a flow of funds which will maintain the financial viability of the Company. Monthly management accounts and cash flow projections are prepared and compared with the annual budget, which is regularly reviewed against actual figures. We are also seeking new sour¢es of finance and new projects are not initiated until their financial rquirements are forecast and assessed within the overall financial position of the Company. The Directors have reasonable expectation that the Company has adequate resources to continue in operational exi5t¢nc¢ for the foreseeable future, thus we continue to adopt the goiDg concern basis in preparing the financial statements. Page 7

SOUTH HILL CEh'TRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is conrrolled by its governing documeni a deed of trust and constitutes an unincoTporated charity. Risk manageLnenl The Directors are aware of their responsibility to properly manage and mitigate the risks faced by the Company. As such. Board representatives, the Operations Manager and the Youns Discoverer's Manager review and update a scbedul¢ of th¢ major governance, operational, financial, and external risks facing the Company ai least annually. They identify the likellhood and potential impa¢r of each risk along Wlth prev¢ntaliv¢ m¢asur¢s, adopted or planned. to mitigate ihese. The Board then considers the resultant schedule and its Conclusions. endorsing a fin81 register of risks which are reviewed throughout the year. along with emerging risks which n]ight affect the Company; any financial implications are incorporated into the annual bud8¢l process. The Board is sailsfied thar the major risks facing the Company have been identified and are being appropriaiely addressed. In particular. the Board considers that the key risks currently facing the Company are a5 follow.. Maintaining income to support the activities undertaken. We look 10 diversify our sources of income, are PTudent in the proj¢c¢s we take on, work with partner organisations where we deem this is effective, and keep a Close eye on costs. addition, we maintain fijnds representing al least 3 months expenditure in the Company's bank accounts. acknowledging ihai some of these funds may be required to cover necessary expenditure in che absence of previously aniicipaied in¢ome. Loss of key staff and high siaff turnover. We aim to be an employer of choice. We recognise the importance of providin8 sraff with a positive working environment. I livin8 wage. and the flexibility to maintain an appropriaie work-life balance. Wc also seek lo balance the challenge of maintaining pay and benefits at an appropriate level. We regularly benchmark salaries paid with indusry noms. As such, we have a relatively stsble staff population. Reputational damage leading lo an inability lo m¢et our aims and obje¢tives. We undertake regular DBS checks for all staff and volunteers working with children and vulnerable people, have safeguarding officers and comprehensive child protection, quality and diversity, health and safety, food hygiene, fire risk. complaints, expenses and data protection policies in place. Specific training is given where appropriate to volunteers and employees to help mitigate risks. YD is monitored by Ofsted. Impact of Governrnent poliey on grant income payable to Young Dis¢overers, Ihe tax r¢gim¢ th¢ Company falls under, or on the use of volunteers. Although these aspects cannot be directly influenced by the Company. the Board regularly reviews ihe effec(iveness of ils strategic direction as well a5 monitors and seeks advice on changes, and pO￿ntial changes. in Government policy. The Board can confirn Ihat systems bave been established 10 enable regular Teports to be produced so that the necessary steps can be taken lo manage ihese risks. Page 8

SOUTH HILL CENTRE REPORT OF THE TRu￿EEs FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES Company and Charity law require Directors to prepare a Directors, Report and the financial statements in accordance with appli¢able law and regulations. The accounts for each financial year are required to give a true and fair view of the stale of affairs of the Company and of the surplus or deficit of the Company for that period. ID preparing thes¢ accounts. the Directors are required to.. select suitable accounting policies and then apply them consistently. apply the methods and principles s¢1 out in the Charities SORP make judgements and estimates that are reasonable and prudent. and prepare accounts on the going concern basis unless it is inappropriatc lo do so. The Directors are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the company and to enable ihem lo ensure that the accounts ¢omply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other [￿egularitieS. The Directors have overall responsibility for ensuring that the Company has appropriate systems of iniernal control across Ihe entire organisation. The systems of internal control are designed to provide rea.qonable but ftot absolute assurancc against material misstatemcni or loss. Statement as to Dlselo8ure of Informgtlon to the Independeni Examlntr The Directors of the Company who held office at the date of approval of this r¢port confinn that, so far as they are each aware, there is no relevant infornation of which the Independent Examiner is unaware and each Direcior has taken all the steps thai he ought to have taken a5 a director lo mak¢ hitlls¢lf aware of any relevani inforn)alion and to establish thai the Independent Examiner is aware of that infornation. No members have required the company lo obtain an audit of its accounts for the year in question in accordance with section 249(2) of the Companies A¢1 2006. The direeiors acknowledge their responsibility for.. a. ensuring the company keeps aecounring records which comply with section 211. and b. prcp4ring accounts which give & true and fair view of the slate of affair5 of the compny as at the end of its financial year and of its profit or loss for the financial year in accordance wilh section 266, and which othenvise comply with the requirements of the Companies Act relating to accounts. so far as is applicable io the company. RelAted parties The Company has no related parties, other than as disclosed in Note 7 10 the A¢¢ounis, but has worked clos¢ly with many different agencies. In particular the Directors value the support of Hertfordshire County Council. Dacorum Borough Council and South Hill Church. Declarations The company has taken advantage of the small companies, exemption in preparing the report above. ed by order of the board of trustees on Is Appr d signed on its behalf by: Mr R G Oakes - Trustee Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTH HILL CENTRE

I report to the trustees on my examination of the accounts of the South Hill Centre for the year ended 31st December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 .independent examination, I report in respect 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 examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a fellow member of the Association of Charity Independent Examiners , which 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:

• accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

• -. the accounts do not accord with those records; or

• the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or

Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland [(FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J Irvinesmith

Fellow of the Association of Charity Independent Examiners

Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester, West Sussex UNITED KINGDOM P020 7EG

Date· .. 21 October 2025 ............................... _, ......... .

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SOUTH HILL CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECE.MBER 2024 2024 Total fvnds 2023 Totsl funds Unrestrieted fund Restrtcted fijnds Notes INCOME AND E,YDOWMEIYTS FROM Donations and legacies 177,903 212,625 390528 264.499 Cbarltable a¢tlvlrfes Rental Income Activity fees 125,050 3,099 15.(X)D 16.890 140,050 19,989 183,984 18,118 Other trading activities Investment income 13,359 13,439 19,104 Total 322 198 244J95 487 847 EXPENDITURE ON Chari¢able actlvltles Charitable AcEivilies 259 305 527 564 882 NET INCOMEI(EXPENDITURE) Transfers between funds 62￿3 63 159) {60,932) (7,596) 17 Net movement in funds (316) 2,227 1,911 (7,596) RECONCILIATION OF FUNDS Total fiinds brought forward 259,074 1,098,203 1,3S7,277 1,364,873 TOTAL FUNDS CARRIED FORWARD 258 758 I l(Kl 430 1357 277 The notes fonn part of these financial ststements Pagell

SOUTH HILL CENTRE STATEmE￿T OF FINANCIAL POSITION 31 DECEMBER 2024 2024 Tot41 funds 2023 Total nds Unrestricted fund Restricted funds No FIXED ASSETS Tarkgible assets io 32,186 1,556,Ol8 1,588,204 1.595.010 CURRENT ASSETS Debtors Cash at bank 12,404 12,404 291420 22.491 259018 12 257J68 46,456 303,824 281.509 CREDITORS Amounts falling due within one year 13 (30,796) (46.166) (76,962) (43,511) NET CURRENT ASSETS 226 572 290 237 998 TOTAL ASSETS LESS CURRENT LIABILITIES 258,758 1,556J08 1,815,066 1,833,008 CREDITORS Amountb falling due after more than one year 14 (440,878) (440,878) (460,731) PROVISIONS FOR LIABILITIES 16 (15,000) (15.000) (15,000) NET ASSETS 258 758 1100 430 1357 277 FUNDS Unrestricted fvnds Restricted fijnds 17 258,758 1100 430 259,074 1098,203 TOTAL FUNDS 1357 277 For the finan¢ial year ended 31st December 2024, the company was entitled to exemption under 477 of the Companies Act 2006 relating to small companie5. No members have required the wmpany to obtsin an audit of ils accounts for the year ended 31 sl December 2024 in accordance with section 476 of tbe Companies Aci 2Crt)6. Tbe direciors acknowledge their responsibilitie5 for complying with the requirements of the Companies Act with respeci io accounting records and the preparation of accounts. These a¢count5 have been prepared in accordance with the provisions applicable to companies subject to the sm811 companies, regirne. The rm￿¢1￿ %'rre approved by the Board of Trn5tees and authorised for issue on . and were signed on its behalf by: MTGD ri8hi - Trustee The notes fom part of these financial statements Page 12

SOUTH HILL CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Casb flow5 from operatlng activltles Cash generated from operations 115 564 Net cash provided by operdting acitvities Casb flows from investing actlvltie$ Purchase of tangible fixed as$ets 5.084) Net cash used in investing activities 27 982) Cash flows from financing aet5v5tles Loan repayments in year 53 297) Nei cash used in financing activities 55 1801 53.2971 ChAnge in casb 2nd eAsb equivalents In the reportlng perlod Cash And cash equlvalents at the be8lnnlog of the reportlng perlod 32,402 (20.292) 259.018 279 310 Cash and cash equivalents at the end of the reportlng period 291420 259018 The note5 forn] part of these financial stst¢Dients Pa8e 13

SOUTH HILL CEIYTRE NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCILIATION OF IYET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATINC ACTIVITIES 2024 2023 Net iocomel(expenditure) for the reporting perlod (as per the Stalemen¢ of Financial Actlvities) Adjustments for: Depreeiatiort charges Interesi on loan De¢r¢asel(increase) in debtors Increase/(decrease) in Creditors 1.911 (7.596) 34,788 36,405 10,087 34.593 35,596 (10,471) 14 033) Ne¢ ¢*$b provlded by operatioD$ 115 564 ANALYSIS OF CHANGES IN IYET DEBT Ai 1.1.24 Cash flow At 31.12.24 N¢1 Cash Cash at bank 259.018 291420 259018 291420 Debt Debts falling due within l year Debts fallin8 due after l year (17,700) (1,078) (18,778) 440 478 431> 459h56 219413 168 -16 The notes fonn pon of these financial statements Page 14

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTIING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial statements of Ihc charity. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Siatem¢nl of Recommended Practice applicable lo charities preparing their accounts in ac¢ordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland {FRS 102) (effeccive l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. INCOME All iucome is recognised in the Statement of Financial Activities once the charity has entirlement to the fund5. it is probable that the income will be received and the amount can be measured reliably. Building Fund income ￿e1Ved in 2006 from Hertfordshire Counry CouD¢iI is treated as a grant itj the charity'5 books, although in form it is prepaid rental for the use of part of the Early Years Centre by the Heaih Lane Nursery. In the directors, opinion the substance of the receipt is that it is a grant which is noi repayable in the foreseeable fijture. There has been no offsetting of assets and liabilitie5, or income and expenses, unless required or pern)itied by the FRS 102 SORP or FRS 102. Other rechargeable expenses represent the share of operaiing cosis recovered from Heath Lane Nursery and other users of ihe ¢harity's facilities. Donations and all other re¢eipts from fundraising are reported gross and the related fundraising Cosis are reported in other expenditure. If the charity has deferred income, it in¢ludes such iftcome in the current year and shows the amounts released from deferred income in previous accounting periods separaiely. Gift Aid re¢¢ivable is included in income when there is a valid declaration from ihe donor. Any Gift Aid amount recovered on a donation is considered lo be part of that gift and is treated as an addition lo the sallTre fund as the initial donation unless the donor of the tems of the appeal have specified othenvise. The charity has received DO donations in kind during ihe period. Int¢rest received is accounted for when received. Any lax recoverable relating to interest income is accounted for in the same period as the related incom¢. VOLUNTEERS The value of volunteers, time is not included in the accounts but is described in the Directors, Report. EXPENDITURE Liabilities recognised a5 expenditure as soon as there is a legal or constTh¢tive obligation committing the charity to that expenditure, it is probable that a transfer of ¢¢onomic benefits will be required in settlement and th¢ amount of the obligaiion can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headirkgs that a88r¢gate all cost r¢lated to the cat¢80ry. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of Tesources. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Page 15 continued...

SOUTH HILL CENTRE NOTES TO THE FIN￿NCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES- continued EXPENDITURE The charity made no redundancy paynents during the reporting period. The charity has creditors which are measured at settl¢m¢nt amounts less any trade discounts. TANGIBLE FIXED ASSETS Depreciation is provided at ihe following annual rates in order to write off each asset over its estimaied useful life. in accordance with estimated useful life of the property 2010 on cost Freehold property FixDJres. fittings & office Iy4uipmeni TAK4TION The Company has been granted charitable Status and is therefore not liable ro corporation tax on income insofar as income is either not taxable under generdl principles or is spe¢ifi¢ally exempied by statute. FUIYD ACCOUNTING The Unrestricted Funds represent the unrestri¢ted iDcom¢ which is expendable at the discretion of the direetors in the fijrtherance of the objects of the charity. Such bjnds ean be held in order to finance both working capital and capital r¢sour¢¢s. Designated Funds are set up wher¢ the directors consid¢r it prudeni to provide rc5erves for special purposes. Restricted Funds are sel up where donor$ specify the purposes for which their donations can be used and expenditure in respect of thes¢ purposes is spc¢ifi¢ally allocated 10 these fvnds. RESERVES The directors have considered the level of reserves they wish to retain. appropriate to the charity's needs and described this in the Direciors, Report. Thi5 is based on the charity'5 size and the level of its financial commitments. The directors aim Eo ensure the charity will be able to continue to fulfil its charitable ObJ￿tiveS even if there is temporary shortfall in income or unexpected expenditure. The directors will endeavour noi lo set aside funds unDe¢¢s5arily. DONATIOIYS AND LEGACIES 2024 2023 Gifts Donations Grants income Gift aid tax claim 2,500 12,066 373,420 1,750 12,442 247,771 390 $28 264 499 Grant intome of £J73.420 includes £35i.700 from Local Government and £19.720 from Other Grant funders. Page 16 continued..

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 OTHER TRADING ACTIVITIES 2024 2023 Other income Other rechargeable income Fundraising activities I2￿43 852 18.460 556 88 INVESTMENT INCOME 2024 2023 Interest received INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Facility hire and rental income Rental Income Service charge Rental Income Fees paid Activity fees 125,050 15,000 168,984 15.000 160.039 202 102 CHARITABLE ACTIVITIES COSTS 2024 2023 Charitable activities cost 564 882 564 882 TRUSTEES, REMUNERATION AND BENEFITS There ww¢ no Directors, remuneration or other benefits for the year end￿ 31 December 2024 llOT for the year ended 31 December 2023. The aggregate value of donations received from Directors or parties related to th¢ Director's during the year was £1,8(K) (2023 - £4,300) Parties connected to various Director5 ar¢ employed by th¢ company and received r¢muneration for services rendered lo the company, as auihorised by Clause 5 (b) of the Memorandum of Association. Those employed during the year and related to Directors are Brian Boggis's son-in-law, Jeremy Keeley {Centre Development and Operations Managerl- hi5 daughter, Naomi Keelcy (Finance A551Stant of South Hill Cenrre). his daughter Sorrel Hardcn (ReceplionisbQ]ousekeeper) and his granddaughter Farah Harden (Caretakin8 Assistant). Page17 continued...

SOUTH HILL CENTRE NOTES TO THE FINAYCIAL STATEmE￿,Ts- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES, REMUNERATION AIYD BENEFITS- CODtinued They receival the following emoluments and employers Nl contributions: 2024 2023 Wages and salaries Employers Nl contributions Employers pension 86,303 7,914 73,117 6,848 Direciors were reimbursed for out of pocket expenses inCU￿¢d in connection with the running of the company. All such expenses are subject to the same intrnal Controls as any oiher ¢xpenditure. TRu￿EES, EXPENSES There were no 31 Decembw 2023. trustees, expenses paid for the year ended 31 December 2024 nor for the year ended STAFF COSTS 2024 2023 Wages and salaries Employers Nl contriburions Pensions contributions 310,881 14,611 245,450 10.559 337 265 910 No employees re¢eived emoluments in excess of £60,000. The avera8e monthly number of employees during the year was as follows.. 2024 25 2024 The total amount paid to kw management personnel (including trustees and senior managemenil for their servi¢es to the charit). totalled £81,i66 {2023 £88.788). Page 18 continued...

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 NET INCOMING RESOURCES FOR THE YEAR This is stated after charging 2024 2023 DeprKiation Independent Examiner's remuneration 34,788 34,594 io. TANGIBLE FIXED ASSETS Fixtures, fittings & office equipments Freehold property Totals COST Ai l January 2024 AdditiOll5 1,995,586 131,900 2,127,486 27.982 At 31 De¢¢mber 2024 1995 S86 159 882 155 468 DEPRECIATION At l January 2024 Charge for year 413,390 119,086 532,470 At 31 December 2024 439 567 264 NET BOOK VALUE Ai 31 December 2024 1556 018 32 186 ts￿204 At 31 December 2023 1582 196 1595 010 ii. DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade dcbtors Other debtors VAT Prepayments and accrued income 8.499 645 571 16.528 623 1,168 12 Page19 continued...

SOUTH HILL CENTRE NOTES TO THE FJNANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 12. CASH AT BANK 2024 2023 Other restrieied funds General funds Young Discoverers Total funds Totaj funds Deposit Accounts Santander Insthnt reserve YD petry cash Bank deposit account 81.299 81,299 52,936 78,256 52.43? 110726 157 182 128 326 Total 15.324 291420 259 018 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts Ise¢ Dote 15) Trade creditors Other creditors A¢¢ruals and deferred income Accrued expenses 18,778 5,782 1,669 49,583 17.700 4.052 1,439 19,155 DEFERRED INCOME Amount(£) 19,155 (19,155) 49,583 49,583 Deferred income brought forward 01101124 Urilise in the year Receipts in 2024. deferred lo 2025 Deferred iDcom¢ held as al 31112124 There are perforn)ance relating conditions that govern the amount of incom¢ that can be rteognised ai a given point in lime. Page 20 continued...

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 DECEMBER 2024 14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Bank loans (see note 15) 460 731 Is. LOANS AD analysis of the maturity of loans is given below: 2024 2023 Amounts falling due within one year on demand: Bank loans Amounts f811ing between one and two year$.. Bank loans - 1-2 years Amounts falling due between two and five ycar5'. Bank loans - 2-5 years 56 Amounts falling due in more than five years: Repayable by instalments.. Bllnk loans more than 5 years 365,767 389,931 16. PROVISIONS FOR LIABILITIES 2024 2023 Redundancy pay provision 17. MOVEMENT IN FUNDS Net movement in funds Transfers between fvnds Ai 31.12.24 At 1.1.24 Unrestrlct¢d funds General fvnds 259,074 62,843 {63.159) 258,758 Restrieted fund5 Other restricted fund5 BBO Project Building fund Young Discoverer$ 3,326 740 {110,983) 173,084 318 4,066 110,983 985,863 {62,583) 1,096,364 1.098203 I IOQ 430 TOTAL FUNDS 1357 277 Page21 continued...

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS- tontinued FOR THE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS- eondnued Net movement in ￿nds. inclLided in the above are as follows= Incomin8 resources Resources expended Movemeni in funds Unrestricled funds Gen¢rnl fitnds 322,198 (259J55) 62,843 Restrl¢ted funds Other restricted fijnds Building fund Young Discoverer5 50,822 {47,496) {62,583) 195.448) 3,326 (62,583) 193 773 305 60 932) TOTAL FUNDS 566 793 564 882) Cotnp2r#tives for movement in funds Net movement in funds Ai 31.12.23 At 1.1.23 Unre$trlcted funds G¢n¢ral funds 254,380 4.694 259.074 Restricted fund8 BBO Project Building fvftd Young Discoverers 105.551 1.012,041 5,432 (26,178) 110,983 985,863 1 110493 12290) 1098 203 TOTAL FUNDS 1,364 873 1357 277 Page 22 continued...

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS- contiDued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in fvnd.8 Unrestrlcted funds General funds 321.812 (317,118) 4,694 Restrlcted funds BBO Project Building fund Young Discoverers 5,432 5,432 (26.178) {26,178) 152 147) 160 603 166 035 178J25) TOTAL FUNDS 487 847 495 443) A cU￿¢￿t year 12 months and prior year 12 months combineA p0511ion is as follows.. Net movement in funds Transfers between fijnds At 31.12.24 Ai 1.1.23 Unrestrl¢ted funds General fimds 254,380 67,537 {63,159) 258,758 Restricted funds Other restricted funds BBO Projeet Building fund Young Discovercrs 3.326 5,432 (88,761) 6.781 740 (110,983) 173,084 318 4,066 105,551 1,012,041 1,096,364 1110493 73 222) 1100430 TOTAL FUNDS 1.364.873 1359 188 Page 23 continued...

SOUTH HILL CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS- continued A cu￿ent year 12 months and prior year 12 months combined net movement in ftmds. Tncluded in the above are as follows.. Incoming resourc Resources expend Movemeni in ￿ndS Unrestrlcted fuDds General funds 644.010 (576.473) 67.537 Restrieted funds Other restricted fi)nds BBO Project Buildin8 fvnd Young Discoverers 50.822 5.432 (47.496) 3,326 5.432 (88,761) 6.781 (88,761) 347 5951 354 376 410 630 483.852) 732221 TOTAL FUNDS (1060 325) 5,685) The Youn8 Discoverers fund represents fi]nds received and expended for our charity run pre-school. Building fund represents fijnds received and expanded for the purchase renovation and maintcnanco of building. RELATED PARTY DISCLOSURES There were no related pany trdnsactions for the year ended 31 Decernber 2024. 19. OTHER DISCLOSURE ISSUES The charity docs not have any commitments not provided for in the a¢¢ounis. The charity has not given any guarantees. The charity has not received any loans secured OD any of its assets other than disclosed in Note 14 & 15 above. Ai the year end the chariry did not have any contingent liabilities. 20. RISK ASSESSMENT The Directors are aware of the need to properly manage and mitigate the risks faced by the company. Details of how the charity has a¢hieved thi5 are provided in the Directors, Report. The directors confirm that they have paid due regard to the Chariry Commission guidance on risk assessment when adopting and implementing policies for the chariry Page 24 continued...

SOL TH HILL CENTRE NOTES TO THE FINANCIAL STA TEMENTS - ¢ontlnued FOR THE YEAR EIYDED 31 DECEMBER 2024 21. PUBLIC BENEFIT The Charity acknowledges its requirements lo demonstrate clearly that it must have charitable PUTpo$es or "aims" that are for th¢ publi¢ benefit. Details of bow the cbarity has achieved this are provided in the Directors, Report. The directors confinn that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 22. DECLARATIONS Sufficient resources are held in appropriate fom to enable each fvnd io be applied in aecordance with any restrictions imposed. The trustees have not changed th¢ year end dale nor length of the charity's financial year. The charity did not make any material eX-￿atIa payments during the year. None of the charity's fixed assets have been revalued during the year. Page 25

SOUTH HILL CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 20?4 2023 INCOME AND ENDOW,MENTS Di>nAtions and legacles Gift5 Donations GranLS income Gift aid tax claim 2,500 12,066 373,420 1,750 12,442 247.771 390,528 264.499 Other tradlng actlvltle$ Other income Other rechargeable income Fundraising activities 12,543 852 18.460 556 88 13,439 19,104 Investment Income Interest received 2,787 2,142 CbArltAble activlties Fees paid Facility hirc and rcnlal income Service charge 19,989 125,050 18.118 168,984 160 039 202 102 Totsl illeomln% resour¢es 566,793 487,847 EXPENDITURE Charltable Actlvliles Wag¢5 Rent and rates Insurartee PhotOCDpier Accountancy fees Cleaning and maintenance Staff costs and trainin8 Operating costs Utilities Comput¢r expens¢s YD- Service char£e Carried forward 325.493 3,424 4,093 1,086 10,315 13,537 2,641 44,435 17,287 1,882 15,000 439,193 256,009 4,372 7,767 1,187 9,320 16,358 2,039 50,118 12,383 1.284 15,000 375,837 This page does not fom part of the statutory financial statements Page 26

SOUTH HILL CENTRE DETAILED STATE.MENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Charitsble actfvlties Brought forward Redundancy pay Pension Bank loan interest Organi5ers remuneration Depreciation-freehold property Dep￿lati0n-fixtureS fittings & computer equipmenl 439,193 375,837 3,000 9.901 35,596 36.516 26.178 11,897 36,405 42,599 26,178 564 882 Total resources expended Net Incomel(expendlture) 7.5961 This page does not forn) part of the Statutory financial stslements Page 27