SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR 31 OCTOBER 2024 Company Registration Number 4922053 Charity Number 1105020
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 Contents Page Members of the board and professional advisers Trustees, annual report Independent Examiner's report Statemenl of financial activities Balance sheet Notes to the financial 5taiements 8-15
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE MLMBERS OF THE BOARD AND PROFESSIONAL ADVtSF.RS The board of trustees Directors M Vernon (Chair) G Todd (Treasui'cr) J Colligyan Management Committee members J. Sanders A. Dickenson J. McDoiiald C Taylor E. Wootton I". Richardson J. Reeve Company secretary C. Taylor Manager M. Veriion Registered office Sinfin Community Cenlre Ltd Swallc)wdalc Road Sinfin Dcrby DF24 9N"I' Independent Examiner Derby Community Accountancy Service BabiiiRlon Lodge 128 Green Lane Derby DEI IRY
SINFIN COMMUNITY cNTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR FNDED 31 OCTOBER 2024 The Trustees, who are also Directors for the purposes of the Companies Acl, have pleasure in presenting thcir report and the unaudited finaiicial stiltements of the charity for the year ended 31 Octobur 2024. l ) To promotc beiiefit for the residenls of Siiifin Ward, wiihout distinction of sex, scxual ()rieiilalion and race, or of pol ilical, rL'I igious or ()Iher opinions, in a Lommon effort to raise aspiration, advancc L'ducation, and to prov idL t.aci l ities in the i nterests of social wcltarL lor recreation and leisure time with thL' objeclive of improving the c()nditions of life for I'esidents in Sinlin Ward. 2) To provide the care accommodation, welfare, interests, training, advancement and integjralion of persons with learningi dilCUltIeS in tlie city of Derby and surrounding area. SIJMMARY ()F THF, MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC IJFNEFIT IN IIELATION TO THF.SF. OIJJECTS In plannin&y our activities for the year we kept in mind the Charity Commission s guidance on public bciicfil at our trustees meetings. The charity is open to all irrespective of race, geiider or any other pcrsonal circumsiances. ACHIF,VFMENTS AND PERFORMANCE Sinfin Cominunity Ceiilre is an independenlly ownc'd and ran Coinmunity CentrL tliat sits lit¢rally rigyht on the border of Derby City and SoLlth l)crbyshire, We are well supportcd by the Li)uncilloi's of DLrby City. however, we are not really recoginised by our aclual LoiinLillors from %outli Dcrbyshire, with thcin choosing to only acccpt ihe Iiewly built communily ccntre a short distance down the l'oad on Marevale Road, Stenson ficlds as their 'preferrcd choice, Wc have 3 Director811'rustccs responsible for the day-to-day business ot.thc cenlre, and also have a stroiig CoinmitteLIAdvisory board. Wc have a single paid employee whose role is centre manager/Cnmmunity Developinent Officer. One of our long serving committee member5 lias rcsigned Irom thL' Loininiltce last Inonth, at the agc of 93 she has decidLd that il is lime lor hcr to spend more lime with hei. lamily. She ha8 bLen a marvcllous supporter of. our community Lenlre and slie will b¢ greatly Inissed by onc and all. Nothingy has Lhanged much regarding user gr()ups and parties. Our user groups are slill attcnding regularly and Parties are still contiiiuing to bc booked, however, some months we will have 6 or 7 parties happening within a moiith and th¢ ncxt we might only have 2 much the same as last year. The coffee morning nuinbcrb have rcmained pretty Inuch the samc but ihat is m<iinly due to the wai'in wLlcom¢ progrrain which we are lucky enough to still be a part of. Community Action have donaLed soine Inoney to us witli which we purcha.gc saiidwiches and we provide them with a warm space and hot drinks to go with the food and of course a warm welcoine. Needlecraft group numbers are up and we have a very nice and supportive group varying from 6 to l O regulars each week, we don't really have the space in the meeting rooin for us to have many more people. W¢ work on cithei. our own projects or making things for charity, In the past we have made blankets for the pcoplc of Ukraine, hats for prem babies, poppics, toys for the nursery. We have also inade blankets for blankets for Mcmillan for end of life. At the moment we are all working on oiir own projects but keeping an L'ar open for any charitable projects that migyht come up.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 OCTOBER 2024 The day to day running of the centre has continued with the ongoing maintenance being kept up lo ddtL aiid all tli¢ necessary checks have Lakcn placc as they have become due. We are still looking into extending the ceiitrc by having a smal Icr hal I built on to the ex i sting buildings, things are still moving forward, very slowly, sometime5 it feels like one step forward and two back. But l am still the etcrnal optimist and hopc to see the addition sometime in the future. Our annual Christmas di%co made an ovcrall profit of £428, Our spring fayre madc a small profit 01"£31 and our l-lallow¢en event gave us a sniall loss of £1 O which gave us an ovei'all profil of £449. We also raised £105 for Macmillan canccr research. The soaring cost of living fi&Jures are a concL'I'ii 10 us all, but at thc moment we lire Inanaging quite wel l and hopct"u Ily will continue to do so iiill) thc next financial year. Tlie latcsl in lormalion from this year's budget is <1 Lause tor c()ncern with the increase in both National I nsurance and the minimum wagyc. I don't kn(Iw how miich it will al'lect u.s only that it will. Ilut l ain hopelul that wc will be able to coiitiiiuc the good work tliat we try lo do for our coinmunity lon&J into thL fulure. STRUCTURF. C.OVF.RNANCF. AND MANA(:EMF.NT Governing document Siiifin Community Centre Ltd is based at, Swallowdale Road, Siiifin, Dcrby, whiLli is the company's rLgisiered ot'ticL' and the priniipal address ot. the charity. Sinfin Community C¢ntrL Lid is a cumpany limited by gyuarantee and iiot having a share capital (company regyi%traiion No. 4922053) aiid Registered Charity (No. 1105020). This is in accordance with ihe charity's governing documcnt, the Meinorandum and Articles of Association, iiicorporaied on 6 OLtober 2003 as amended by special resolution dated 5 January 2004 and 15 1.'ebruary 2008. Trubt• 8•1etion m•thoa4 A skills audit has bccn undertakcn to discover those skills which are required by the trustec body. Efforts are made to rccruit Irustees who meet the skill requiremcnt. Risk managcment policy The trustees examine the major risks that the charity faces each tinancial year when pi'eparing and updating the strategic plan. The Lharity has developed systcms to monitor and control these risks to Initigate any impact that they may have on the charity in the fulure. FINANCIAL RFVIEW Reserves PoliL)' The chariiy has a reserves policy to hold three months running costs in reserves. At 31 October 2024 the charity had unrestricted reserves ot £63,966. Independent FJxuminiir Derby CAS. was appointed independent examiner in the year. Derby CAS will continue in office
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR FNDED 31 OCTOBER 2024 as independent examiner for the ensuing year. Small Company provisions 'I'his report has bcen prepared in accordanLe with the special provisions for small companies under section 477 ofthe Companies Act 2006. Registered office: Sinlin Communily Centre Ltd Swallowdal¢ Road. Dc'rby DE24 9NI' Signed on behalf of the trustees G, Todd Trusiee Approved by the trustees on stF/££.
SINFIN COMIIIUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 OCTOBER 2024 Independent Examiner's Report to the Truslees of Sinfin Community Centre Ltd I report on tlie accounts of the compaiiy for the year Liided 31 OLtober 2024 wliich are set out oli pages 6 to 15. Rcspcctive responsibilities of Trustees and examiner The Trustees (wlio arc also ihe DireLtors of the Coinpany for the piirpo%es of company law) are rcsponsible for Ihe pi'epardtion of tlie accounls. The Trustees Liinsider that ali audit is not required tor this year iiiider secti()n 144(2) of th¢ Charities Act 2011 (Ihe 2011 Act) and tliat an indcpciidcnt exainination is iieeded. Having satisfied iiiy8eif that tlie cliarity is not subject to an audit under coinpaiiy law and is eligible for independeiil exainiiiation, it is Iny responsibil ity to.. examine the accounts under section 145 ofthe 201 l Act; follow the procedui'es laid down in the geiieral Direclions giiven by the Charity Coininission (undcr seclion 145(5)(b) of'the 2011 Act, as amended). and state wliether particular Inalters have come to my attcntiun. Basis of independent examiner's statement My examiiiation was Lari'iL'd out in accordaiice wilh general Directions given by the Charity Cominission. An cxamination includes a review of thL aLc()untiiig rccoi'ds kept by ilie chariiy and a ompdrisoii of the accouiits presentcd with those records. It also includes considL'I'ati<)11 of any uniisual iteiiis or disclosurL'.s in the accouiils. and seeking explanatioiis t"roii) you as Trustecs conceriiiiigy any such iiiatlers. l-he procedureb undcrtakeii d() not providc all the evidence thal WOLild bo IL'ciiiirLd in ali aiidit, aiid conscquLiitly n() ()piiii()n i% given as to whether tlie accounts preseiit a 'ti'iie and fair v iew" and tliL' r¥port is limited to those matters set out in the stateineiii below. Independent txaminer'.$ statement In coiiiiection with iiiy exam ination, no matter lias come to Iny attenlion., Wliicli giv¢s me reasoiiable cause to believe that, in any Inaterial respect, the requireinents to keep 2ccoiinting records in aeeordaiice with Reetinn 186 of the CnmpanieR Aet 200C): £Lnd to prepai'e account% which accord with thc accountiiig records, comply willi tlie accouiitiiig reqiiirciiiLllts of %ection 396 of. tlic Comp¢iliiCS Act 2006 and with the melhods aiid principles or the Staleiiient of Rccommcndcd Practice: Accouiitiiig and Reporting by Cliarities have iiot becn met. or to whicli, in iny opinion, attention should be drawn in order to enable a proper iinderstandiiig of the dccounts to be reached, *131 Naine.. Mark Newey ACMA Address: Derby Commuiiity Accountancy Servicc, Babington Lodge, 128 Green Lane, Derby.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 OCTOBEII 2024 Total Funds Total Funds Year to 31 Year to 31 Oct Oct 2024 2023 Unrestricted Funds Rcstricted Funds Note Income from: Donalions Investmcnt incom¢ Granl rec¢ivable Other income 3,600 3,600 2,723 8,481 8,481 42,522 9,919 45,177 42,522 Total incoming resources 46,122 8,481 54,603 57,819 enditure on Raising I,unds Ch¢iritable activ itie 49,042 10,294 59,336 68,593 Total resources expended 49,042 10,294 59,336 68,593 Net incoming/(outgoing) rcsources bL,forc transfcrs I'ransfer bL'tween funds (2,920) (1,813) (4,733) (10,774) NL't movemei)t in funds Funds broughi forward (2,920) 296,179 (1,813) 5,028 (4,733) 301,207 (10,774) 311,981 Funds carried forward 293,259 3,215 296,474 301,207 The charity has no recogni8ed gains or losses other ihan the results for the year as set out above. All ofihe activities of the charity are classed as continuing. The notes on pages 8 to 15 form part of these financial statements.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE BALANCE SHEET 31 OCTOBF.R 2024 2024 2023 Note Fixed Assets Buildings 11 229,293 232,688 229,293 232,688 Current assets Dcbtors Ca8h ai bank and in hand 67,181 68,519 Crcditi)rs; amount$ falling due witliin one year 12 Net current as$cts 67,181 68,519 Total assets less current liabilitie5 296,474 301,207 Net #ssets 296,474 301,207 Funds Re.4tricted Unrestrictcd - gcncral reserves 13 13 3,215 293,259 5,028 296,179 TOTAL FUNDS 296,474 301,207 For ihe year ended 31 October 2024 the coinpany was entitled io exemption from audit under section 477 01. Ihe Companies Aci 2006 rclating to sinall companiLS. Directors responsibi l ities.. (i) 'I"he membLrs have not required the coinpany to obtain an audit of its accounts for the year in queslion in (IcLordance with sL'ction 476; and (li) The directors acknowledge their responsibililies for complyingi with the r¢quiroments of the Act with respeLt to accouiiiing records and the preparation of accounts. These financial stalements have been prepared in accordance with the spccial provisions for small companies under Part 15 of ihe Coinpanies Acl 2006. These financial statements were approved and authorised for issue by the members of the committec and are signed on their b¢half by: G. Todd Director Date sltylzs Company Registration Number: 4922053 The notes on pages 8 to 15 form part of these financial statements.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBF.R 2024 Accounting policies The principal accounting policies adopted, judgements and key sources of eslimalion uncertainty in the preparation of the Iinancial stateiT)ents are as follows: Company information Sinfin Community CentrL Ltd is a company liniited by guarantee not havin&J a share capital. The company's registered office is, Swallowdalc Road, Sinfin, D¢rby, DE24 9NT. At the end of tlic year therL' wL're 3 Truslees, edch of whom, under the terins of the Memorandum and ArtiLles of Association, had undertaken to contribute the suin not exceeding £ l in ilie evenl of a winding up c)rthe company. 1.1 Accounting convention The8c accounls hiive been prepared in accordanLe with FRS 102, 'Tlie Financial Rep()rting Staiidard applicablL' in the UK lind Republic of Ireland" ("FRS 102"), 'AccouiitingF and Repurtiiigi by Chai'ilies" thL Stateinenl ol" RLL()mincndcd Practice for Lharitics apply i n&) F RS 102, Ihe C".ompanies Act 2006 and UK Geiierally AccL'pled Accoiinliiiby l)rdLti¢c as il applies rrom l January 2015. 1'he charity is a Public Benelil Entity as detined by FRS 102. The accounts are prepared in Stcrling which is tlie functional currency of the company Monetary amounts in thc.se financial statcinents to the nearest £. The account8 havc heen preparLd on historical cost convcntion apait froni frccliold propei'ly that is carriLd at Inarket valuL. -I"he princip<il aL¢ounting pol icies adopted arc set oui below. 'I"hese are uLLounts for the year ended 31 October 2024 prepared in accordance willi IIRS 102, The l-.inancial Reporting Standard applicablL in the UK aiid RL'public of Ireland. The date of transition to FRS 102 was l October 2015 1.2 Cjoing concern At the tiine of approving the accounts, the Dircctoi's hawc a reasonable expectation that the charity has adequate resources to Lontiiiue in operalional existenLL for tlie t"ore.qeeable fLlture. Thus ihL, 'frubtLhes continuo to udopt the bV<)Lns coiicern bsAsis of o¢¢<)untinbY in pi'cparinb the accounts. 1.3 Charitable Funds Ljnrcstricted fuiids are available for use at ihe discretion of the Trustees in furtherance of ihe gLnLral objecti ves of tlic charily. DesigFnated funds are unrestricted funds earmarked by the Trustees for partiLular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. 1.4 Incoming resources All incoming resources are included in the SOFA when the charity is legyally entitled to the income aiid the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are includcd in the financial statements for services donated by voluntcers.
SINFIN COMMUNITY CEIYTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 1.5 Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings Ihai aggr¢g)at¢ all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurrcd in seeking voluntary conlributions and do not include the costs of disseminating infonnalion in the suppori of the charitable activilies. 1.6 Debtors 'I'radL' and other debiors are recognised at thc settlement amount due after any trade discounts oftered. PrepaymL'nts arL VdluLd ill thL amount prepaid nei of any irade discouiils due. 1.7 Cash and cash equivalents Cash and cash ¢quivalents include cash in hand, deposits held at call with banks, other short- t¢rin l iquid investinents with original maturities of three Inonth.s or less, and bank overdrafts. Bank overdrafts are shown wiihin borrowingFS in current liabilities. 1.8 Creditor& and provisions Credilors and pr()ViSi01i5 arc recognised where the charity has a pi'esent obligyation resulting from a past evcnt that will probably result in the transfer (If lunds to d third Party and th¢ amount due to settle the obligyation can be measured or estiinated reliably. Creditors and provisions are normally recognised at their settl¢ment amount aftcr allowinb for any trad¢ discouiits due, 1.9 Financial instruments 'I'he cliariiy has tinaiicial assct.8 and financial liabilities of a kind ihat qualify as basi rinancial inslrumcnts. Basic fiiiancial instruinents are initially recognised al transaction valiie and subsequently measured at their settlement value. DereL'ognitic)n offinancial liabilities l.'inanLial l iabi l ities are derecognised when the company's contractual obl igations expire or are discharged or cancelled. i.io m[)IvyL'V benefll The cost of aiiy Ulilised holiday entitlemcnt is rccogniscd in the period in which the cmployce's serviccs are received. Terniinalion benefiis are recognised immediately as an expense wheii the compaiiy is demonstrably coininitted to terminale the employment of an einployee or to provide terinindtion benefits. 1.11 Taxation The chariiy is exempt from tax on income and giains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the ¢xt¢nt that these are appl led to its charitable objects.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 1.12 Depreciation Individual fixL'd a.8sets are capitalised at cost and are depreciated over their estimated useful econom ic l ives oli a straight linc basis as follows:. Asset category Building Annual rate Critical accounting estimates and judgements In thc appliLation of thc charity's accounling policics. the dircctors are requircd to Inake judgements, estimates and assumptioiis about th¢ carryingy amouiit of assets and liabilities that arc not r¢adily apparent from oiher sources. The estiinated and associated assumptions are based on historical experience and other factors that are coiisidered to be relevant, Actual rcsulis may differ from these eslimatos. 3. Don#tions Total Funds Total Funds Year to YL'ar to 31 Oct 2024 31 Oct 2023 Unrestricted Restricted Funds Funds Other donations & fundraising 3,600 3,600 2,723 3,600 3,600 2,723 4. Grants Total Funds Unrestricted Restricted Year to 31 Funds Funds Oct 2024 Total l-,unds Yearlo31 Ocl 2023 Derby Cily Council Coinmunity Action Derby Natiiinal LotlLry Cominunity Fund Dcrby l-loincs DACI) L'I'D East Midlands Airport Foundation Derbyshire Community Action Derby 1,950 1,720 1,500 1,950 1,720 1,5UO 1,541 1,000 5,128 250 2,000 1,871 1,200 240 1,871 1,200 240 8,481 8,481 9,919 10-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 Other Income Total Funds Total Funds Unrestricted Restricted Year to 31 Oct Year lo 31 Oct Funds Funds 2024 2023 Room hire and other income 42,522 42,522 45,177 42,-$22 42,522 45,177 Interest receivable Year to31 Oct 2024 Yearto31 Oct 2023 Bank interest receivable (unreslricted) Total rcsources expended Staff costs Ti'iivrl uiiu fXP¢llb¢S Fees Telcphone, stationery, post F Icat, l iglit, & watcr Rates Insurancc Maiiilenance & renewals Depreciation Event and activity costs Sundry Refund Direct Dli-ri*L Direct Direct Direct Direct l)irect DircLI Direct Direct Direct Direct 19,599 1,4J) 2,340 816 7,805 976 1,350 8,478 3,395 10,752 916 1,470 18,C)1g 2,288 2,852 806 7,090 2,034 1,372 17,309 3,395 9,828 1,879 1,121 59,336 68,593 Expcnditure on charitable activities was £59,336 (2023: £68,593) of which £10,294 was restricted (2023 £10.689) 11
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 Net (expenditure)lincome Net (expenditure)/income for the year is slated a*lcr charging/(crediting): 2024 2023 Independent Examinei s Fees 600 600 Directors and key management personnel During thc ycar onc Trustees received rcmuneralion of. £18.619 as a teinpor<iry mLasiire I"lic key maiiagyeineiit persunn¢l of the Lharity coiisist of thc "FrustcLs, prot"Lssional adv isors and tlie Chief l-:xeLutive Oflicer. 10. Employees No cinployee earned more than £60,000 per annum. No Tru.8lees were reimbursed for expendilure. The average number of staff employed by the charity during the financial year amounted to.. Year to Year to -31 OLt 2023 31 Oet 2024 Direct Charitable Staff Governance The aggregate payroll costs were: Year to 31 Oct 2024 Ycarto31 Oct 2023 Wages and salaries Social security costs Pension costs 18,720 18,085 879 534 19,599 18,619 12-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 I l. Tangible fixed assets Building Total Cost At 31 Oclober 2023 Additi()ns 339,547 339,547 At 31 October 2024 339,-$47 339,547 Depreciation At 31 October 2023 Charge lor the yeai. At 31 October 2024 106,859 103,464 3,395 110,254 110,254 Net book value At 3 l October 2024 229,293 229,293 232,688 At 31 Ociober 2023 232,688 12. Creditors: Amounts falling due Ivithin one year 2024 2023 Trade creditors 13-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTF.S TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024 13. Statement of funds At INOV 2023 Incoming Outgoing Transfers At 310ct 2024 General reserve 296,179 46,122 (49,042) 293,259 Total unrestricted funds 296,179 46,122 (49,042) 293,2.$9 The Nalional Lottery Coinmunity fund Activc l)artners BMX ProjLct Coinmunity Aclion Warm Welcome Derby City Council Door Bell ast Midlands Airport Fouiidation Derby8hire Coiiimunity Action Suinmcr Projccl 3,095 725 666 1,500 (4,325) 270 725 666 542 1,720 (708) (1,950) (1,871) (1,200) 1,554 1,871 1,200 240 (240) Total reslricted tunds 5,028 8,481 (10,294) 3,215 Total Funds 301,207 54,603 (59,336) 296,474 Restricted Funds 'riiL National Lottery Fund money and fundraising from local business was to bc spent on lund¢lyS. Active Partners money was speiit on Cominunity activities, The BMX project included money from Active Partners and fundraising from Ozzy Wheels on this specific project. Commiinity Action Warin Welcome was spent on food for people who nced a warm place to stay and LoffeL' morningFs. Derby City Council door bell was spent on the maintenance work of the Lentre. East Midlands was spent on tables and Lhairs for the Community Centre. Foundation Derbyshire was spenl on CCTV. Community Action Summer Project was spent on food during Ihe summer activities. 14
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATFMENTS YEAR ENDED 31 OCTOBER 2024 14, Analysis of net assets Tangible rixed asscts Otlier net assets Total Unrestricted fund5 General reserve 229,293 63,966 293,259 Restricted funds The Big Lottery fund Active l)anners BMX I)roject Conimunity Action Wami WelLome 270 725 666 1554 270 666 1554 Total restrictL.d funds 3,215 3,215 Total funds 229,293 67,181 296,474 15. Related party transactions The charity had iio related party tran.sactions Lhat required disclosure. 15-