2024-09-30-accounts

REGISTERED COMPANY NUMBER: 05237220 (England and Wales) REGISTERED CHARITY NUMBER. 1116299 Report_o_f the Trustees_and .Unaudited Financlal Statements for the Year Ended 30th Se tember 2024 for The Dracagna Centre Ltd_ Hodgsons Chartered Accountants 48 A￿enack Street Falmouth Cornwall TR113JH

The Dracaena Centre Ltd Contents of the Financlal Statements for the Year Ended 30th Se tem er 2024 Page Report of the Trustees Independent Examlnerfs Report statomant of Financlal Actlvlties Statement of Flnanclal Posltlon 7 to 8 Notss to the Flnanclal Statements 9 to 26 Detailed Statement of Flnanclal Activltles 27

ort of the Trustees for the Year Ended 30th Se ..￿)tember 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 30th September 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019). OBJECTIVES AND ACTIVITIES Operatlons Update The Dracaena Centre is operated as a registered charity, located between Falmouth and Penryn and serves the two towns of Falmouth and Penryn and the surrounding rural hinterland. The Centre and its partners support over 10,000 individual people each year which equates to around 75,000 contacts and attendances. The Centre promotes sports, health, training, and restorative and social justice, and supports young people, early years, families, and the wider community. We're aware that strong communities are built of empowered individuals. By providing guidance, support 2nd understanding, all within an open and inclLtsive environment, we help residents and the wider community to develop and prosper. We provide a restorative approach and an ethos & philosophy for making, maintaining and repairing relationships and fostering a sense of shared social responsibility, and believe that increasing individuals, health & wellbeing through activities, helps them become confident, outgoing, and ready to take on life. Our Vision Dracaena's vision is for an empowered, mutually supportive, and inclusive community within Falmouth & Penryn whilst also serving the surrounding wral hinterland. While il is recognised Dracaena cannot bring this vision to fruition by itself, and that it will only ever be a 'work in progress,; it will continuously strive towards this goal in tandem with its partners and supporters. Our Mission Ouf mission is to empower individuals through guidance, support and undefstanding, and to build capacity and cohesion to develop a strong, mutua15y supportive, and inclusive community within Falmouth & Penryn whilst also seNing the surrounding rural hinterland. Our aims focus on Health and Well-being - Economic Security - Community Capacity and Cohesion Social Justice Our beliefs Dracaena believes that developing and empowering individuals together with providing a safe and supportive environment, fosters relationships and helps build a mutually supportive and inclusive community. Increasing individuals, health and well-being through a variety of activities helps them become confident, outgoing, and ready to take on life. By offering a wide range of informal and developmental multi-sport activities, and supporting people in making regular sports participation part of their long-term lifestyle, we can make a significant impact on their long term physical and mental health and well-being. We also believe that sport is a fantastic tool for young people to build their confidence, skills and abilities and improves opportunities for volunteering and employment. Page 1

The Dr Re ort of the Tru for the Year Ended 30th Se tember 2024 We feel that providing a safe and supportive environment within the Dracaena Centre is key to our facilitation of activities that promote social and interpenetration interaction and builds communty cohesion. Supporting young people to form positive relats"onships and a sense of community in an inclusive, relaxed and fun environment. while developing skills in an infomial educational setting, puts them on the road to being valued and making a positive contribution. With a restorative approach, we provide an ethos & philosophy for making, maintaining and repairing relats"onships and fostering a sense of shared social responsibility. Helping those not in training or employment by supporting them to gain recognised qualifications to improve volunteering andlor employment prospects builds individual self-wnfidence and self-worth and helps build economic security for individuals and families. )￿lIst we host over 45 community-based dubs, local organisations and stalLttory services at the Centre, we also account for 350A of all the delivery across our charitable aims. This Dracaena 'branded' delivery includes.. Community Café, Mediation, Youth Services, Toy Library, Toddler Grc>up, Table Tennis, Older Peoples Fitness, SO Plus Social Group and Early years support, Family Support Services, Information, Advi￿ & Guidance (young people), AC￿SS to Legal Advice, Victim Care, Volunteering and Community Education, Health & Wellbeing services and Social Prescribing. Our activities change lives by producing intermediate outcomes in seven main areas: Improved Physical & Mentsl Well-8eing Improved Life & Leisure Skills - Feeling Good, Happiness, Enjoyment Increased Self-confidence I Self Esteem I Self Worth I Self Discipline Improved Inter-Personal & Communication Skills. Development of Relationships Improved Respect & Reduced Anti-social Behaviour - Achievement of Formal QualifieAtions and Accrediled Certificates Taken together, these in turn produce global outcomes in terms ot. Individual Capacity Building & Empowerment - Improved Employability Improved Quality of Life (Individual and Families) - Improved Community Spirit & Empowerment The above intermediate and global outcomes feed into four main long-term impacts that work towards our vision of building mutually supportive and indusive Community.. Health & Well-Being Economic Security Social Justice - Community Capacity & CohesK)n Publlc benefit The trustees confirm that they have complied with the duty under Section 4 of the Companies Act 2006 to have due regard to the Charity Commission's generdl guidance on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable actlvltles Through creating opportunities for individuals and groups to develop in a range of ways, The Drawna Centre is committed to promoting open and equal access to its activities and strengthening the communities it serves. The Dracaena Cenlre aims to increase the health, employability, skills, leisure opportunity and ultimately the long term quality of life for the residents of the community. we aim to achieve this by providing better access lo ServI￿S such as advice, guKdance, youth activity. recreation, healthy eating, employment and training. The target group are those who are disadvantaged within our community. We are working with and delivering support to the vulnerable and homeless, returners to work, ex-offenders, young people at risk of exclusion, those recovering from substance misuse and those not in employment, education or training. We are also delivering programmes of positive activities to young people which directly supports those residents who a fearful of crime and anti-social behaviour. Page 2

The Dra¢aena Centre Ltd Rewort_of the Trustees FINANCIAL REVIEW Financial position At 30th September 2024, the charity was in a healthy financial position wtth total unrestricted reseNes of £132,703 which consisted almost entirely of net current assets of £131,040. Of the net current assets, £115,684 was in the form of Cash at bank and in hand. The charity continues to be well funded, both in relation to its restricted and unrestricted funds, Restricted funds amounted to £1,374,351 at 30th September 2024, of which, £996,248 was held in The Dracaena Centre freehold propety. The remainder of the restricted assets were held in debtors of £209,751, being restricted grants awarded but not received during the year, and cash at bank and in hand £171,299. The charity's restricted funds had current liabilities of £2,947, relating to income tax due from staff paid from restricted funds. Reserves polScy Charity law requires any income received by a charity to be spent within a reasonable period of receipt. ReseNes are that part of a charity's unrestricted income fund that is freely available to spend on any of the charity's purposes. Unrestricted income funds are income or income funds which can be spent at the discretion of the trustees in furtherance of any of the charity's objectives, The Dracaena Centre reseNes policy takes into a¢￿Unt the charity's financial circumstances and other relevant factors. The finance sub-committee monitors the level of reserves held throughout the year and keep the policy under review to ensure it meets the charity's changing needs and circumstances. The Dracaena Centre reserves policy explains to existing and potential funders, donors and other stakeholders why we are holding a particular amount in reseNe. The policy ensures that the charity's finances are being managed and can also provide an indicator of future funding needs. The trustees of The Dracaena Centre agree that the following reasons justify the setting up of an income fund reseNe.' The risk of an unforeseen emergency Covering unforeseen day-to4ay operational costs A source of income e.g. a grant may not be renewed. Funds may be needed to give the charity time to take action if income falls below expectations The need to fund short temi deficits in a cash budget (e.g. money may need to be spent before a funding grant is re￿ived} The level of Dracaena Centre reseNes take into account any short term funding problems that the charity may encounter such as delays in payment of grants and having to pay up-front costs of salaries etc before claiming back from funders. It also includes enough funds to pay the charity's commitments in the event that the charity has to cease its activities. With this in mind the trustees have set a policy of maintaining Iwo tranches of unrestricted reserves. Firstly, an amount equivalent to one year's anticipated expenditure and, secondly, additional reseNes to support the future enhancement of our site. The trustees will continue to monitor the reserves held throughout the year. The reserves held are for the general purpose of carrying out the Charity's objectives. As at 30th September 2024 the unrestricted reseNes stood at £132,712 {2023.. £162,091), of which £131,050 {2023.' £161,255) were free reserves. At present, the trustees believe the reserves are sufficient to enable the charity to carry out its objectives. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Dracaena Centre Limited is a chafltable company limited by guarantee and not having a share capital. It was incorporated on 21 September 2L)04 and is governed by its memorandLtm and articles. The charity was registered with the Charities Commission on 7 October 2006. Page 3

ca Re ort of the Trustees for the Year Ended 30th Se 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees New trustees are inducted into the work of the charity. Organisational structure Day to day management of the centre is delegated to the Centre Manager R May. Key management remuneration Total remuneration paid to key management personnel during the pewd was £46,101 (2023.. £45,614). REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 05237220 (England and Wales) Reglstered Charlty number 1116299 Reglstered office The Dracaena Centre Dracaena Avenue Falmouth Comwall TR112ES Trustees CSFSmith G A Grant M Holdroff L A Trenchard J Chappel S R Fearn J M Leigh (resigned 10.10.24) G G Beringer Company Secretary RJMay Independent Examlner Hodgsons Chartered Accountants 48 A￿enack Street Falmouth Comwall TR113JH Approved by order of the board of trustees on ......... and signed on ils behalf by.. G A Grant- Twstee Page 4

Independent Examiner's Report.t.o. the.Trustees of The Dracaena Centre Ltd Independent examiner's report to the trustees of The Dracaena Centre Ltd ('the Company,) I report to the charity trustees on my examination of the aGcounts of the Company for the year ended 30th September 2024. Responsibilittes 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 ACYI. 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 incfependent 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'l. In carrying out my examination I have followed the Directions given by the Charity Commission Ltnder Section 145(5) (bl of the 2011 Act, Independent examlner's statement Since your charity's gross income ex￿eded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a membef of the Institute of Chartered Accountants in England and Wales, 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 the acLounts have not been prepared in awordan￿ with the methods and principles of the Statement of Recommended Practi￿ 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. James Hodgson 8A (Hons) FCA Hodgsons Chartered Accountants 48 Arwenack Street Falmouth Cornwall TR113JH Date". Page 5

entr8 Ltd tement of Flnancial Activitl8S oratin an Income an ndlture Accou for the Year Ended 30th Se tember 2024 Inco 2024 Total funds 2023 Totsl funds as reststed Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3,087 11,070 14,157 42,464 Charltable actlvitiès Generated income Grants 84,573 86,531 162 95,488 84,735 182,019 81,272 243,407 Investrnent income 4,113 4,113 1,852 Total 178,304 106,720 285,024 368,995 EXPENDITURE ON Charltable activltles Dracaena Centre Administration and activity expenses Governance costs 6,766 455,135 9,080 177,439 5,148 270,995 3,774 448,434 8,922 Total 182,587 274,769 457,356 470,981 NET INCOMEI{EXPENDITURE) Transfers between funds {4,283) (25,096) (168,049) 25,096 (172,332) (101,986) Net movement In fund8 (29,379) (142.953) (172,332) (101,986) RECONCILIATION OF FUNDS Total funds brought forward 162.091 1,517,304 1,679,395 1,781,380 TOTAL FUNDS CARRIED FORWARD 132,712 1,374,351 1,507.063 1,679,394 The notes fomi part of these financial statements Page 6

statement of Financlal PosStlon 2024 Total funds 2023 Total funds as restated Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 15 1,662 996,248 997,910 1,002,142 CURRENT ASSETS stocks Debtors Cash at bank and in hand 16 17 51 25,060 115,684 51 234,811 286,983 209,751 171,299 340,742 350,799 140,795 381,050 521,845 691,541 CREDITORS Amounts falling due within one year 18 (9,745) (2,947) {12,692) (14,289) NET CURRENT ASSETS 131,050 378,103 509,153 677,252 TOTAL ASSETS LESS CURRENT LIABILITIES 132,712 1,374,351 1,507,063 1,679,394 NET ASSETS 132,712 1,374,351 1,507,063 1,679,394 FUNDS Unrestricted funds Restricted fvnds 19 132,712 1,374,351 162,091 1,517,303 TOTAL FUNDS 1,507,063 1,879,394 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the slate of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordan￿ with the requirements of Sections 394 and 395 and which othemise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b) The notes form part of these financial statements Page 7 continued...

aena C ntre L Statement of Flnancial Position - contlnued 30th Se tember 2024 These financial statements have been prepared in accordano wrth the provisions applicable to charitable mpanies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on Tw. ....£o.iS...... and were signed on its behalf by: - Trustee GA 6thqk)T The notes fom part of these financial statements Page 8

Notes to the Financlal Statements INFORMATION The Dracaena Centre Limited is a private charitable company, limited by guarantee, registered in England and Wales. The company registration number and registered Offi￿ address can be found within the Report of the Trustees. The financial ststements cover an individual entity. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a publi¢ benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 200S. The financial statements have been prepared under the historical cost convention. The financial statements are presented in Sterling which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest pound sterling. Golng concern The board has considered a period of ￿e1ve months from the date of approval of the financial statements and the board has a reasonable expectation that the charitable company has adequate resources to continue in operation existence for the foreseeable future. There are no material uncertainties that may cast a significant doubt over the charitable company's ability to continue as a going concern. Income Grants and Donations are recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable thai the income will be re￿iVed and the amount can be measured reliably. Generated income is the amount derived from the provision of goodslservices, stated after trade discounts, VAT and other sales taxes Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. ￿ere costs cannot be directly attributed to particular headings they have been allocated to activities on a basis Consistent with the use of reSoUr￿s. Governance costs Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. Tangible fixed assets Tangible assets are initially measured at cost. Such costs include costs directly attributable to making the asset capable of operating as intended. Subsequent to initial recognition, tangible assets are stated as cost less accumulated tjepreciation and accumulated impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life, Freehold propety Equipment straight line over 50 years to its residual value- land is not depreciated 20 % or 25°/& on reducing balance Page 9 continued...

The Draca Notes to heF nanclal Statements - continued for the Year Ended 30th Se tember ACCOUNTING POLICIES - contlnued Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowan￿ for obsolete and slow moving items. Taxatlon The charity is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance wrth the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to tha financiql statement5. Penslon costs and other post-retlrement beneflts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension ￿heme are charged to the Statement of Financial Activits'es in the period to which they relate. Flnanclal Instrument8 The charity has elected to apply the provisions of Section 11 Basic Flnancial Instruments" and Section 12 "other Financial Instruments" of FRS 102 to all of its financial instruments. Financial assets and liabilities are ￿COgniSed in the charity's statement of financial position when the company becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are classffied into specified categories. The classification depends on the nature and purpose of the financial asset or liability and is determined at the ts'me of recognition. Basis financial assets, which include trade and other ￿e1VableS, and cash and bank balances, are initial measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include trade and other payables are initially measured at transaction price. unless the arrangement constitutes a financing transaclion, where the debt instrument is measured at the present value of the future payments discounted at a mart(et rate of interest and subsequently carried at amrtised cost. Financial liabilrties are derecognised when, and only when, the charity's obligations are discharged. cancelled or they expire. Page 10 continued...

Notes to the Financlal Statements - contlnued DONATIONS AND LEGACIES 2024 2023 as restated Donations 14,157 42,464 INVESTMENT INCOME 2024 2023 as restated Deposit account interest 4,113 1,852 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 as restated Activity Generated income Generated income Grants R¢Xsm hire Cafe Grants 66,783 17,952 182,019 64,349 16,923 243.407 266,754 324,679 Grants re￿ived, included in the above, are as follows.. 2024 2023 as restated Falmouth Town Council (Youth) Legal Aid Four Seasons Youth Justice Project Big Lottery - PR Fund Refresh Reserve Boex Linked Up Time 2 Move AFE fund 22,500 20,000 7,775 1,800 1140) 1,000 83,249 10,000 13,309 4,152 11,108 2,506 19,385 9,932 4,000 1,000 24,620 16,636 AFE Fund 2 Crisis Fund Hubbub psw Refresh Sport England CCF multi-year core Cafe RM Community Warmth Bank NHS 11,500 {10,000) 10,073 9,879 1,000 4,236 10,000 77,613 73,656 Carried forwarcl 231,908 208,881 Page 11 continued...

to the Flnanclal Statements - continue for the Year Ended 30th Se temb INCOME FROM CHARITABLE ACTIVITIES - contlnued 2024 2023 as restated Brought fornard Easter Promotion Young Men's Group The Arts Society Enablement Fund CHWrf Trebah VC Community Hub CCF Refugee Fund Janes Table Safer stronger consortium 231,908 208,881 2,711 4,493 3,000 2,250 356 20,000 1,500 216 29,500 90 400 BGC Communty Organisation 23,870 1,000 Hedley 286,768 243,407 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 7) Support costs (see note 8) Totsls Administration and activity expenses Governance costs 448,434 8,922 3,774 5,148 452,208 5,148 457,356 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 as restated Staff costs Premises Costs Direct aciivity expenditure Insurance Telephone General administrative costs Bad debts Repairs & renewals Depreciation 352,990 14,039 52,577 6,903 2.263 7,867 20 8,276 7,273 328,547 16,022 80,091 5,659 3,087 9,352 14 16,928 6,766 452,208 466,466 Page 12 continued...

The Dracaena Centre Ltd Notes to the Financial Statements - continued SUPPORT COSTS Governance costs Governance costs 5,148 Support costs, included in the above, are as follows: Govemance costs 2024 2023 as restated Total activities Governan costs Accountancy and legal fees 5,148 4,515 NET INCOMEIIEXPENDITURE) Net in¢omel{expenditurel is stated after chargingl{crediting)'. 2024 2023 a5 restated Deprecialion - owned assets Premises costs Independent examinerfs remuneration - Independent examination Independenl examiner's rernuneration - Accountancy services 7,273 14,039 594 2,376 6,767 14,935 552 2,208 10. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30th September 2024 nor for the year ended 30th September 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 30th September 2024 nor for the year ended 30th September 2023. 11. STAFF COSTS 2024 2023 as restated Wages and salaries Social security costs Other pension costs 328,514 18,643 5,833 307,536 15,550 5,461 352,990 328,547 Page 13 continued.

Tho Dracaena Centre Ltd Notes to the Flnancial Statements - continued fort ar Ended 30th Se tember 20 11. STAFF COSTS - eontlnued The average monthEy number of employees during the year was as follows: 2024 2023 restated 20 Employees 21 No employees re￿IVed emluments in excess of £60,000. 12. EX GRATIA PAYMENTS Included within wages is redundancy pay of £1,705 which was fully settled wtthin the year from unrestricted funds. 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds as restated INCOME AND ENDOWMENTS FROM Donations and legacies 3,143 39,321 42,464 Charltablo actlvltlos Generated income Grants 80,266 3,017 1,006 240,390 81,272 243,407 Investment income 1,852 1,852 Total 88,278 280,717 368,995 EXPENDITURE ON Charltable activities Dracaena Centre Administration and aclivity expenses Governance costs 8,766 372,568 4,765 6,766 455,135 9,080 82,567 4,315 Total 86,882 384,099 470,981 NET INCOMEI(EXPENDITURE) Transfers between funds 1,396 (35.124) (103,382) 35,124 (101,986) Not movement in funds (33,728) (68,258) (101,986) RECONCILIATION OF FUNDS Total funds brought forward 195.820 1,585,560 1,781,380 TOTAL FUNDS CARRIED FORWARD 162,092 1,517,302 1,679,394 Page 14 continued...

The Dracaena Centre Ltd Notes to the Financial Statements - continued 14. PRIOR YEARADJUSTMENT The previous year's financial statements have been adjusted to redu￿ an incorrectly recognised debtor relating to the Cornwall Community Foundation grant awarded in 2022, This has consequentially reduced brought forward unrestricted funds by £20,000 and debtors by £20,000. The previous year's financial statements have been adjusted in Order to redassified the following funds, from restricted to unrestricted, of the following amounts.. CLLD Refresh {£14,232) Refresh Reserve Boex £14,232 VC Crisis Fund {£11 Youth seNi￿s (£8,840) Toy Library £540 Table Tennis £136 Cafe Crisis Fund £380 Total Movement Unrestricted £7,825 15. TANGIBLE FIXED ASSETS Freehold property Equipment Totals COST At 1 st October 2023 Additions 1,351,526 22,757 3,041 1,374,283 3,041 At 30th September 2024 1,351,526 25,798 1,377,324 DEPRECIATION At 1 st October 2023 Charge for year 351,440 6,252 20,701 1,021 372,141 7,273 At 30th September 2024 357,692 21,722 379,414 NET BOOK VALUE At 30th September 2024 993,834 4,076 997,910 At 30th September 2023 1,000,086 2,056 1,002,142 16. STOCKS 2024 2023 as restated Stocks 51 Page 15 continued_..

The Dracaena Centre Ltd Notes for the Flnanctal Statements - continued he Year Ended 30th S ber 2024 17. DEBTORS 2024 2023 reststed Amounts falling due within one year.. Trade and other debtors Prepayments and accrued income 75,120 560 131,664 75,680 131,664 Amounts falling due after more than one year.. Trade and other debtors 159,131 209,078 Aggregate amounts 234,811 340,742 18. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 as restated Trade creditors Social security and other taxes Other creditors Accruals and deferred income 868 5,866 1,223 4,735 2,108 5,570 994 5,617 12,692 14,289 Page 16 continued...

The Dracaena Centre Ltd Notes to the Flnanclal Statements - continued for the Year Ended 30th September 2024 19. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 1.10.23 At 30.9.24 Unrestricted funds General fund 162,091 (4,283) {25,0961 132,712 Restricted funds Dracaena Centre Fund Office Service Fund Crimebeat Fund Cornwall Sports Partnership.. Extended SeNices Duchy Health Trust Falmouth Town Council {Youth> F&P Activity Big Lottery - Reaching Communities Legal Aid Crisis Fund Youth Surplus Fund Linked Up CLLD Refresh 1,000,166 1,316 171 (5,700) {587) (28) 994,466 729 143 42 527 (71 (84) (12,303} 35 12,303 {2,013) 344,710 {2,013) 267,659 16,153 895 62 12,095 587 (77,051) 16,153 (46) 62 9,308 {13,645) (1,162) 941 2,787 14,232 1,162 (7,5741 2,614 5,600 3,303 770 838 12 37,502 5,670 2,113 39 14,556 4,669 Food For Change 7,574 2,614 AFE ftjnd Time2Move Headstart Kernow Return to Play FTC Resource Legal Advice Apprenticeship Alex Ferry Foundation Community Fridge Little Steps Peer Support Worker Sport England VC Crisis Fund Private Donations Dragons Benjie Thomas Youth SeNices AFE Fund 2 CCF Refugee Fund Cornwall Council Cook Easter Promotion Elemental Crisis Fund Enablement Fund CHIMV Lady Hatch NHS Data Refresh Support T2M Easter23 The Arts Society Trebah VC Community Hub Young Men's Group RM Community Time2MoveSummer23 (5,6011 (2,5811 (550) (8381 722 (220) (12) (10,257) (2,214) (241) 99 (19,068) (2,668) 27,245 3,456 1,872 138 4,512 2,001 (1) (71 (6) (2,305) 3,190 36 3,579 8,840 9,433 1,500 189 2,090 2,995 2,204 10,000 11,257 350 1,203 957 158 11,228 3,341 12,034 1,779 {1,175} {6,6771 {9,469) 99 5,353 1,500 {100) 12,005> (6> (172) (3,000) (10,412) (89) 85 2,989 2,032 7,000 845 350 (1,204) (957) (158} (7,432} (2,1081 2,512 {962) 3,796 1,233 14,546 196 (621) Page 17 continued .

Th￿￿a¢n.a...Qen Notes to the Flnancial Statements - for the Year Ended 30th Se ntlnued 24 19. MOVEMENT IN FUNDS - continued Cost of living fund Women Wellness Outreach {146) 1,452 2,979 740 594 1,452 2,979 1,517,304 (168,049) 25.096 1,374,351 TOTAL FUNDS 1,679,395 (172.332) 1,507.063 Page18 continued...

The Dracaona Centr8 Ltd Notes to the Financial Statements - continued 19. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows". Incoming resources Resources expended Movement in funds Unrestrtcted funds General fund 178,304 (182,587) (4,283} Restricted funds Dracaena Centre Fund offi￿ Service Fund Crimebeat Fund CornwalS Sports Partnership.. Extended servI￿s Duchy Health Trust Falmouth Town Council (Youth) Big Lottery - Reaching Communities Legal Aid Crisis Fund Youth Surplus Fund Linked Up CLLD Refresh Iwill 2 AFE fund Time2Move Headstart Kernow Return to Play Legal Advice Apprenticeship Alex Ferry Foundation Community Fridge Little Steps Peer Support Worker Sport England Benjie Thomas Youth Services AFE Fund 2 Cornwall Council Cook Easter Promotion Elemental Cfisis Fund Enablement Fund CHI Lady Hatch NHS Data T2M Easter23 The Arts Society Trebah VC Community Hub Young Men's Group RM Community Time2MoveSumrner23 Cost of living fund Women Wellness Hedley fund Outreach {5,700) (587) {28) (5,700} (587) 128) (7) {841 (34,8031 (77,0511 8,351 (96) (7) (84) {12,303) (77,051) 16,153 (46) 62 9,308 (13,6451 (1,162) (5,6011 (2,5811 (5501 {838) (10,257) (2,214) {241) 99 119,068) {2,668) (1,175) (6,677) (9,469) (100) (2,005> (6) (172) (3,000) (10,412) {1,204) {957) {158) {7,432) {2,108} 2,512 (962) (146) 1,452 22,500 7,802 50 59 13.309 (4,001) {13,645) {1,162) {5,601) (2,597) 1550) (838) (11,657) (2,214) (2411 (301) {19,068) {12,741) (1,175) (9,164) (9,469) {100) {2,005) (6) {172) 13,000) (10,412) 11,204} (9571 (158) (25,432) (2,108) (1,742) {962) (24,016) (48) (1,000) 2,979 16 1,400 400 10,073 2,487 18,000 4,254 23,870 1,500 1,000 2,979 106,720 (274,7691 (168,049) Page 19 continued

The Dracaena Centre Ltd Notes to the Financial Statements - contlnued f r the Year Ended 30th Se 24 19. MOVEMENT IN FUNDS - continued TOTAL FUNDS 285,024 (457,356) {172,332) Page 20 continued...

Notes to the Flnancial Statements - contlnued 19. MOVEME14T IN FUNDS - continued comparatives for movement in funds Net movement in funds Transfers be￿een funds At 1.10.22 At 30.9.23 Unrestrlctsd funds General fund 195,820 1,395 (35,124) 162,091 Restricted funds Dracaena Centre Fund offi￿ Service Fund Crimebeat Fund Cornwall Sports Partnership". Extended servI￿s Duchy Health Trust Falmouth Town Council (Youth) F&P Activity Big Lottery - Reaching Communities Legal Aid Crisis Fund Youth Justice Project Big Lottery - PR Fund Youth Surplus Fund Linked Up Iwill 2 COVID YW Support Food For Change 1,006,819 1,316 171 {6,653) 1,000,166 1,316 171 42 527 168) (2,013) 411,645 14,210 (29) 42 527 (15,735) 15,803 (2,013) 344,710 (66,9351 {17.845J 1,270 (320} 3,635 {300) 320 {1,609) 62 941 1,609 1257) 5,287 1,162 2,097 17.5741 33,998 10,475 4,788 770 {1) 838 550 36,996 14,441 8,931 1,299 138 10,058 18,252 8,483 307 294 195 {2,500} 2,787 1,162 (162) 11,935) (7,574) 2,614 5,600 3,303 770 (31,3841 14,8751 11,4851 AFE fund Time2Move Headstart Kernow ABCT Return to Play FTC ResoLFrce Refresh ReseNe Boex Legal Advice Apprenticeship Alex Ferry Foundation Communily Fridge Little Steps Peer Support Worker Suicide Prevention Innovation Fund Sport England VC Crisis Fund Private Donations Dfagons Benjie Thomas NHS Partnership Youth Services AFE Fund 2 CCF RefLtgee Fund Cornwall Council Cook Easter Promotion Elemental Crisis Fund Enablement Fund cH￿v Lady Hatch NHS Data Refresh Support 838 12 14,232 37,502 5,670 2,113 39 14,556 (538} (19,002> 23,081 (3,261 } 814 (99) 4,498 (18,252) {3.814) 1132) (2871 (3,7621 4,669 (175) 3,579 3,579 {1) 8,840 1,935 8,840 9,433 1,500 189 2,090 2,995 2,204 10,000 11,257 350 7,498 1,500 189 2,Q90 2,995 2,204 10,000 11,257 350 Page 21 continued...

The Dracaena Centre Ltd Notes to the Financlal Statements - continued for the Year Ended 30th Se te ber2 24 19. MOVEMENT IN FUNDS - continued T2M Easter23 The Arts Society Trebah VC Community Hub Young Men's Group RM Community Time2MoveSummer23 1,203 957 158 11.228 3,341 (275) 1,779 1,203 957 158 11,228 3,341 12,034 1,779 12,309 1,585,560 (103,381) 35,124 1,517,303 TOTAL FUNDS 1,781,380 (101,986) 1,679,394 Page 22 continued...

The Dracaena.Cp.ntre Ltd Notes to the Financtal Statements - contlnued 19. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fvnd 88,277 (86,8821 1,395 Restricted funds Dfacaena Centre Fund Falmouth Town Council (Youth) Big Lottery - Reaching Communities Legal Aid Crisis Fund Youth Justice Project Youth Surplus Fund Linked Up COVID YW Support (6,653) {35,756) (66,935) {25,620) (680) (180) (305) {6,652) (162) 150,769) (4,875) {1,486) (538) 135,788) {280) 13,261) (186) 199) (20,122) (18,251) 13,814) 1131) (287) (6,653) (15.735) 166,935} (17,845) 1,270 {320) 195 (2,500) {162) (31,384) (4,875) (1,485) (538) (19,002) 23,061 (3,261) 814 {991 4,498 118,2521 (3,8141 (132> {287} 20,021 7,775 1,950 11401 500 4,152 19,385 AFE fund Time2Move FTC Resource Refresh Reserve Boex Legal Advice Apprenticeship Alex Ferry Foundation Community Fridge Little Sleps Peer Support Worker Suicide Prevention Innovation Fund Sport England VC Crisis Fund Private Donations Dragons Benjie Thomas NHS Partnership AFE Fund 2 CCF Refugee Fund Cofnwall Council Cook Easter Promotion Elemental Crisis Fund Enablemenl Fund CHV Lady Hatch NHS Data Refresh Support T2M Easter23 The Arts Society Trebah VC Community Hub Warmth Bank Young Men's Group RM Community Time2Move Xmass 22 Time2MoveSummer23 16,786 23,341 1,000 24,620 (1) (1) 3,810 53,632 9,932 1,500 1,000 2,710 3,000 2,250 10,000 23,981 500 3,031 3,000 356 20,000 10,000 4,493 50 1,800 6,278 (231) (53,631) (2,434) 3,579 7,498 1,500 189 2,090 2,995 2,204 10,000 11257 350 1,203 957 158 11,228 (811} {620) (5) 146) (12,724) 1150) (1,828) (2,043) 1198) 18,772) {10,0001 {1,1521 (3251 (1,8001 (4,4991 3,341 (275) 1,779 280,718 (384,099) (103,381 } TOTAL FUNDS 368,995 {470,981) (101,986) Page 23 continued...

Tho Dracaena Centre Ltd Notes to the Flnanclal Statements - continued ar Ended 30th Se tember 2024 19. MOVEMENT IN FUNDS - contlnued Dracaèna Centré Fund Was the fund for the construction of the Dracaena Centre. this is being released as the prop ety is depreciated. Offic8 Servlce Fund Was funding provided in relation to the constwction of the Dracaena Centre and equipment. This is being released as the assets are depreciated. Crimebeat Fund Was funding provided for equipment. This its being released as the asset is depreciated. Comwall Sports Partnershlp: Extended Servi¢es - After school youth activities Duchy Heallh Trust Was funding provided for equipment. This is being released as the asset is depreciated. Falmouth Town Council (Youth) - The youth offer. F&P Actlvlty - A resource fund for the youth projects. Blg Lottery - Reaching Communities - Funding to deliver projects: Toy Library, Legal Advice, Toddler Group, 50 Plus group, Community café, Seats and beats, Link-up family support, pop in and play. Legal Ald - A project providing free legal support for family. employment, housing and debt matters. Crlsls Fund - A fund to provide hot meals, laundry and showers for vulnerable adults. Youth Surplus Fund - Resource fund for youth offer. Llnked up - A fund for our family intervention and support project. CLLD Refresh ESF funding to deliver our Refresh project a project which supports adults into education, trainlng and work.

Iwlll 2 - A fund for our woodland project for young people.

Food for Change A partnership project with the Comwall Food Foundation using food as the vehicles for com munity engagement and education. Early intervention, tackling anti-social behaviour funded by the Office of Police & Crime Commissioner. AFE fund - Nationa5 Lottery small grant funding Youth servI￿s Tlme2Move - Provision of nutritious meals during school breaks to children and young people who are in receipt of Free School Meals. Hoadstart Kornow - Supporting young people with poor mental health. Return to Play - Sport England funding to reengage adults into community sports. FTC Resource - Resource funding for various groups. Legal Advice Apprentlceshlp - Funding to provide legal advice apprenttceship scheme. Alex Ferry Foundatlon - To 5UPPOrt youth and family groups with food. Hubbub - Funding to provide a communty fridge to share surplus food with the community. Page 24 continued...

Th.e_Dracaena Centre Ltd Notes to the Flnanclal Statements - continued 19. MOVEMENT IN FLINDS - continued Little Steps - A toddler session to support young families Peer Support Worker - Funding for part time support worker to assist people in crisis. Sport England - Funding for a community sport c£)ach. VC Crisis Fund - Provides health and wellbeing support to the over 50$ Private Donatlons - Supports the youth team with resources for their sessions. AFE Fund 2 - Small grant funding for Youth Services CCF Refugee Fund A project working with 6 local refugee families to help them settle in our community. Cornwall Councll Cook - Cooking session as part of the youth service Easter Promotion people. A programme of subsidised holiday activities for groups of vulnerable young Elemental Crisls Fund - Supporting vulnerable young people within a youth diversionary partnershlp projects with Element al UK. Enablement Fund CHWW A fund for our Community Health and Wellbeing Workers to purchase household items for members of the community they are supporting Lady Hatch Private donation towards youth service NHS Data A fund to monitor, evaluate and measure the impact of a range of wellbeing projects we are delivering in partnership wilh the NHS and Volunteer Cornwall, Refresh Support - Community education programme for unemployed young adults. T2M Easler23 - A programme of subsidised holiday activities for groups of vulnerable young people. The Arts Society Arts based grant to work with young men and women to create safe activityltherape utic spaces through the use of textiles. Trebah - Funds form Falmouth Rotary Club for a young people's trip to Trebah Gardens. VC Community Hub - Funding to provide a range of activities and support for vulnerable people in the community. This is part of a health partnership between Dracaena, Volunteer Cornwall and the NHS Young Men's Group - A regular weekly activity and advi￿ session for young men. RM Community - Fund fof the delivery ofcommunity events across the years Time2MoveSummer23 A programme of subsidised holiday activities for groups of vulnerable young people. Cost of living fund National lottery grant to increase services for those struggling with increases in the cost of living Womens Wellness - Funding to organise a group to support women's wellbeing Out reach - Funding to allow the youth team to increase support for street-based youth work Page 25 continued...

Th Dracaena C8ntre Ltd Notes to the Financial for the Ye atements - continued hse tember 2024 20. RELATED PARTY DISCLOSURES Total remuneration paid to key management personnel during the period was £46.101 (2023". £45,614). 21. COMPANY LIMITED BY GUARANTEE The Dracaena Centre Ltd is a cL)mpany limited by guarantee and accordingly does not have share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ￿aSeS to be a member. Page 26

The Dracaena Centre Ltd Detalled Statement of Financial A¢tivities 2024 2023 as restated INCOME AND ENDOWMENTS Donations and legacles Donations 14,157 42,464 Investment income Deposit account interest 4,113 1,852 Charitsble actlvlties Room hire Cafe Grants 66,783 17,952 182,019 64,349 16,923 243,407 266,754 324,679 Total Incomlng resources 285,024 368,995 EXPENDITURE Charitable actlvltles Wages Social security Pensions Premises Costs Direct activity expenditure Insurance Telephone General administrative costs Bad debts Repairs & renewals Depn of freehold propety Depn of equipment 328,514 18,643 5,833 14,039 52,577 6,903 2,263 7,867 20 8,276 6,252 1,021 307,536 15,550 5,461 16,022 80,091 5,659 3,087 9,352 14 16,928 6,653 113 452,208 466,466 Support costs Governance costs Accountancy and legal fees 5,148 4,515 Total resources expended 457,356 470,981 Net expenditure (172,332) (101,986) This page does not form part of the statutory financial statements Page 27