Charity Reglrtration No. 1119027
Company Registration No. 06028027 (England and Wales}
THE EMERALD CENTRE
(COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE EMERALD CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Michael Walker
Noel Melvin
Stephen Ashley
Robert Berryman
Teresa Spi15bury
Diane Cank
Andrew McKenna
IAppointed 27 November 20241
Secretary
Noel Melvln
Senlor Mana8ement
Kiran Kala
Chlef Executive Officer
Charity number (England and Wales)
1119027
Company number
06028027
Pr5ncSpal address
450 Gipsy Lane
Leicester
LE5 OTB
Re8lstered office
450 Gipsy Lane
Leieester
LE5 OTB
Independent exam5ner
Thomas Mayfield 8A FCA
Mayfield & Co IAccountantsl Ltd
2 Meru5 Court
Meridian 8usines5 Park
Leicester
LE19 IRJ
Banker5
Metro Bank
1-3 Haymarket
Leicester
LEI 3GD
Sollcitors
Baflow Poyner Foxon Solicitors
l Berridge Street
Leicester
LEI SJT

THE EMERALD CENTRE
CONTENTS
Page
Trustees report
Independent examlner's report
Statement of financial activities
Balance sheet
io
Notes to the financial statements

THE EMERALD CENTRE
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustee5 present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepareLI in accordance with the accounting pollcies set out in note I to the financial
statements and comply with the charity's Igoverning doeumentl, the Companies Act 2006 and "Accounting and Reporting
by Chdrities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021" leffective l January 20191.
The Emerald Centre Iformerly known as The Leicester Irish Sports and Cultural Association) was established as a registered
charity and a Company Limited by Guarantee in 2006. 8ased in Leicester East, the site is leased from Leicester City Council
nd has IS years lease remaining. The Community Centre was Funded through Leicester Clty CoLtncil Single Regeneration
Budget 2006 and the European Regional Development Fund.
Objertlves and actlvStles
The Emerald Centre's objectlves set out in its Governln8 Document are..
-To provide a community centre for people from the Greater Humberstone Area and now deslgnated as the Troon Ward
area of the city with a partlcular emphasis on excluded and disadvantaged groups.
-To create opportunlties for ethnSc minorily groups to work together and foster better community relations.
.To provide trainlng, recreational, cultural activlties for Irish Travellers, elders and local communities,
-To provide an advlce centre wlth access to 2nd tier co-ordinatSon and traSnin8 services, especlally advice and guidance to
promote healthy living paying particular attentlon to racial and social diversity of the local area.
The charity works to achieve these objectSves through an infrastructure deliverin8 a range of 5ervlces including tralning
Pfogrammes, advite and guidance, health initiative5 and variou5 Other initiatives.
Through working in partnership with external agencies, these servlces have enabled the local community to access the
training, edu£3tional and advisory servlces resulting in making a significant contribution to long-term economic
development within the community.
We a150 hope to see long- term Smprovements in community health and fitness levels through the charity's emphasis on
widening access to Sporting activities and health related programmes.
Mlsslon Statement
The Emerald Centre's misslon statement adopted in January 2020 is..
"To promote and enable inclusive activities, whlch embrace and addre55 the education, tralnln8, Èmployment, welfare,
health, social, cultural, and recreatlonal needs of the local communlty and wider distrirt, Includin8 the Irlsh Diaspora."
The main revenue funding has traditionally been obtained from the Irish Government's Emigrant Support Programme to
prlmarily meet the needs of the Irish community in Leicester & Leicestershire. Additional revenue funding has been
obtained from various funding streams throughout the years to meet the needs of the wider community, partitularly those
people who are most in need.

THE EMERALD CENTRE
TRUSTEES REPORT (CONTINUED}(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Objertlves and ortlvltiesfvr the public benefit
The type of activities that have been dellvered at the Centre have been deslgned to meet the needs of the people it serves.
Since April 2023 service delivery is underpinned by the Charity's objectives and the Trustees continuous monitoring of
artivities ensures that the work dellvered remains within the realms of the Emerald Centre's charitable purposes.
Emerald Centre services have consistently met the Irish Government's Emigrant Support Programme objectives by
addresslng the evolvlng needs of the ISI 2nd ènd 3, generation wlthin the Irish Diaspora, with a particular focus on
alleviatin8 loneliness & Isolation amon8St vulnerable elderly Irish members through providing educational, recreational ènd
social programmes.
The Centre's outreach Shine a Light 8efriending project has demonstrated the effectivene55 of the one to one support
offered to 1501ated members resulting with many joining group activity and m3intainin8 a sense of Independence.
The on-site face to face weekly activities have included a weekly walking Eroup, luncheon clubs, advice and Snformation
surgeries. Adult Education classes, armchair aeroblcs. Arts and Crafts and Bingo sessions. The staff team offer one-to-one
support on a drop-in basi5 and there are numerous social events in the evenings offering quiz nights, film evenings, literary
session5, Ir15h Language and Comhaltas Music sessions, and additional off.slte trlps partnering with other Irish community
organisations in the region.
Access5billty to the Centre for fraller members has been facilitated through a pick-up/ drop.off seThice using the Centre'5
mSnibus.
The above activities have allevlated loneline55 and isolation resulting in improving health and well- bein8 amongst our
members and thelr familylcarers.
Addltional activlties for the Irish and wider communitie5 Include an advice and Information Energy Efficiency service,
Englssh to Speakers of Other LanBuage5 IESOLI, di8ltal inclusion advice with practical 5UPPOrt promoting educational
opportunities and a Famlly Ancestry Research project, capturing member life stories on film and audio recordin8s.
The centre maintains and facilitates the use of it's football pitches for home team5 including the LeScester Naomh Padraig
Gaelic Football Club. The Emerald Centre boasts the only GAA full size pitch in Leicestershire and is pleased to cater for UK
wlde GAA teams. The centre has a licensed bar and has become established as a venue for private hire by the
communities. It is patronised increasingly by community members for funeral receptions, celebrations and annlversaries.
The sustainability of the services has been driven by volunteers, largely recruited throu8h the established User Groups of
the Centre. The volunteers from these organisations have contributed to establishing the activities as 'regulor' activities.
Volunteers receive an induction and a Volunteering Handbook containing a description of the responsibilities of the roles.
The core staff team provide 5UPPOrt on an on-going basis and there are policies and procedures Sn place to address
complaint5 and conduct. The Emerald Centre ensu￿$ that all volunteers are D85 checked and are given opportunities to
develop new skills.
Contribution of time from volunteers ensures that the Charity's objectlves are delivered through removing barriers to
partlcipation by providing much needed transport to older people. The Emerald Centre's minibus has continued to be
funded through successful fund-raising primarily by Volunteers from the Boys of Wexford Cycling Group through their
nnual sponsored bike ride travelling from Leicester and cycling round the coastal towns of Ireland over 5 day5.
The Charity's activities have been monitored through monthly reports produced by the Centre Manager. These reports
have been presented at regular Trustee meetings, where all aspects of the Charity's work is considered, including financial
updates, policy and procedures reviews and Safeguardlng issues.

THE EMERALD CENTRE
TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
The type of activities that have been deliVe￿d at the Centre have been designed to meet the needs of the people It serves.
The cent￿'S activities are augmented by the Centre's User Groups activities. The Outreach Intensive Shine a Light project
work5 in collaboration with Naomh Padraig Gaelic Football Club, Comhaltas, Irlsh Studies Group, Irish Language Group and
GATE project.
The Outreach Intensive Support Se￿Ice relleves anxiety and Increases positlve mental health and well-belng for our
members through home visits. frequent telephone service, weekly food parce15 and hot dinners, providing much needed
befriending throu8h one to one support.
Members experiencing poverty have received financlal literacy support and help to access welfare beneflts, health and
Social care services and food through the local foodbank, The Outreach Intensive Support Workers have worked in
partnership with organisalions hosting advice surgeries at the Centre for the wider public.
Increased physlcal artivities and 50ciallsSn8 Wlth peers has enhanced the quality of life, reducln8 social Isolation and
lonellne$5 for our members. Senior members have attended several off-site visits during this reporting period to numerous
country parks and various visitor attractions throu8hout Leicester and Leicestershire, increasing their well-being.
Safety and 5afe8uardin8 Issues of our members Is recorded in Care plans through to end of life for each of our elderly
member5. There is a managed handover to Statutory setvices enabling members to acte55 appropriate 5ervlce5.
The intensive outreach support comprlses of home visits, collecting prescriptions, accompanying client5 to GP, hospital and
Recovery Services. The 5eNice has experienced an increase In providing bereavement support and the Centfe has provided
support throu8h transporting members to funerals and hosting the receptlons at the Centre. Thls ha5 provlded comfort and
assurance to members Wlthin our community during very emotionol and diff icult times.
There h?5 also been an increase in the number of elderly members enterin8 residential home care. The centre staff have
advocated and liaised with Adult Social Care on behalf of families and ensured that member5 are supported whilst settlin8
Into their new environment through frequent vlsits. Wherever posslble, members residing in care home5 have been
collected and bought to activities at the Centre. Family members and carers have contlnued to be supported through
phone calls after their loved ones have passed or are in a care home. This liaison has seen an increase In the number of
people attending the Centre's activities, as previously many 2nd generation Irlsh member5 were unaware of the variety of
the activities èt the Centre or felt their needs were not catered for. We have found that 2nd generation Individuals caring
for their elderly parents have often expressed sadness and loneliness once thelr duties as carers comes to an end.
In addition, the Centre promotes education in the community through our partnership with Leicester Adult Learning
Service, enabling ttjtors to support members to learn new IT skills to widen digital inclusion and teaching ESOL (English to
Speakers of Other Langua8e51 ,' Comhaltas providing tuition to young people and adults in Irish Traditional Music and the
Irish Language Group have all helped to increase the profile of the Emerald Centre as a training venue.
Sultable work experience placements are created for students from a local schools and slxth form community college in
hospitality and caring for the elderly Sn social settings. This has provided opportunities for students to learn and obtain
practical experiente in the Health and Social Care sector.
The Emerald Centre site also maintains the Irish Library under the management of the Irish Studies Group, a valuable
edutational repository avallable to the local community and the academic community.
The Emerald Centre facilitètes the annual St. Bridgid's Day celebration and hosts the City's St. Patrick's Day Parade
attracting an audience of over 600 people.
The Emerald Centre is a member of the regional Fare5hare Charity, and for a subscription, obtains food to be distributed to
the community via the Northfield Food Bank, it's local partner. The User Groups of the Centre, which include the Emerald
Seniors Luncheon Club, Milan Asian Lunch Club, Comhaltas, Irish Language Group and the Football and Gaelic Football
teams host frequent social and cultural events throughout the year.

THE EMERALD CENTRE
TRUSTEES REPORT (CONTINUEDI(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
External Stakeholders and Jolnt Working
The Emerald Centre is currently the only community hub and sports facility in the East of the City and is a valuable resource
and partner in the delivery of essential services for local communities. Successful joint working protocols and partner5hip5
include..
Reachlng People Consortlum.. The Emerald Centre successfully delivers projects on behalf of the Consortium. Currently, the
Centre Manager is a Trustee on the Board of the Consortium.
Lelcester Adult LearnlnB Ser¥l¢e.' The Emerald Centre facilities provide a permanent base in the East of the City enabling
adult learning to be delivered to members of the wider community.
Northfleld Food Bank.. The Emerald Centre works closely with the local food bank, supporting the distribution of food
porcels to the local community, as well as providing a weekly food parcel delivery, including provision of Irish branded
produce to vulnerable Irish elderly people across Leicester and Leicestershire.
Local Schools.. The Centre's playing fields continue to be used by the neighbouring schools during term time for various
sports events and activities.
Current FundSng Model of the Emerald Centre
The Emerald Centre has been sustainable through obtaining funding from five funding streams..
Grants
Revenue for salaries, overhead5 and activities to mee
needs
Revenue for salaries, overheads and activities
Bar lounge, training room, External Porta Cabin football
pitches
Revenue from sale of beverages
Revenue from social income, sponsored activities and
luncheon clubs
Philanthropists/Trusts
Premises Lettings
ocial Enterprise- Licensed Bar
Donations/Fundraising
Current Key Relatlon5hips wlth Fundlng Bodles
The Charity'5 key funding relationship is with the Irish Embassy, as it has been providing funding for three e55ential key
posts within the Centre. The Embassy has funded 80% of the total cost of these posts, including a proportion of revenue
funding incorporating the cost of celebrating the City's annual St Patrick's Day celebration for over a decade.
The Emerald Centre has a strong partnership with local voluntary organisations and is able to broker funding opportunities,
e.g. Reaching People Con50rtium and Voluntary Action Leicester.
The Emerald Centre acknowledges and thanks the funding bodies for supporting it's charitable aims. The Charity has
good track record with funding bodie5 through 5ucce55ful completion of funded projects, e.g. The National Lottery, People's
Postcode Lottery, People's Health Trust, Leicester City Council Ward Funding, Sports Council England, DEFRA. Leicester and
Leicestershire Community Development Foundation, Power to Change, Comic Relief, Football Association and Leicester City
Football Foundation and various smaller grants provided by corporate community fundin8 Streams.

THE EMERALD CENTRE
TRUSTEES REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Financial revlew
The statement of financial activities shows total income for the year of £153,421 down from £179,235 and total
expenditure of £200,165 up from £186,105. This leaves a total deficit of £46,744 for the year.
There remains total reserves of £165,743 carried forward and split between Unrestricted Funds, Designated Funds and
Restricted Funds. Explanation on our funding and reserves will be articulated below. Details of the funds and their splits are
shown in the statement of financial activities on page 9 and balance sheet on page 10.
Reserves Policv
The charitable company's aim has always been to hold at least six months normal operational costs in reseryes. Whilst the
trustees wish to retain reserves of up to six months 'normal costs" they acknowledge the difficulty in generating sufficient
income in these challenging time5, and being able to maintain sufficient funds.
The trustees estimate normal ongoSng annual costs to be between E125,000 and £200,000 per year. The charlty had closing
reserves of £16S,743 a5 at the 31 March 2025. On the face of it that looks very encouraging. Of those reserves £129,965
are held within unrestricted and deslgnated funds. However, with £35,778 held in restricted funds there are limitations on
what these funds can be used for.
The figure5 Show that we are In Ilne wlth what we need but will need to monitor finances goin8 forward to ensu￿ we
maintain sufficient reserves in order that the charlty can operate in a position of confidence knowing in the medium term
we con continue to SUPPOrt our service users.
The trustees believe the reserves to be above the stated policy. However, wlth some dlfficult times ahead the trustees
believe there is a need for prudence and $0 are happy with the level of resetves at this moment.
Restrlcted Funds
The Charity rèports a deficit on restrScted funds of £46,104. Thls was planned for and arises because of timlng differences
between the receipt of income and when project expenditure arises.
We received £114,701 in grants and donations and whilst on a number of projects we have fulfilled our outcomes there will
be balances carried forward.
We brought forward £81,882 of restricted funds and after reserve transfers of £2,386 we carry forward a balance of
£35,778 to undertake the projects in1Sne with donor requirements.
In respect of the Emigr3nt Support ProBramme, we always have a balance carried forward to cover the last quarter to the
end of lune. In respect of this fund there Is £20.$00 unspent as at the 31 March 2025 in respect of the Ernigrant Support
Programme. This IS to cover ongoing costs up to ihe 30 lune 2025 as funding runs from the l July to the following 30 June
each year.
An additional element of the Sncome recelved from the Emigrant Support Programme was for the Late Life Provision where
we are also carrying forward an unspent amount of £4,778.
There ore a nymber of other ongolng projects where we are carrying balances forbvard Whe￿ details can be found in the
restricted funds note at note 14 on page 18.
Unre5trlrted Funds
During the year the charity reported a deficit lafter transfers to cover match match funding requirements) on its
unrestricted funds. The overall surplus on general vnrestricted funds was £1,746 before reseNe transfers. We brought
forward £103,324 of general unrestricted funds from the previous financial year and after the impact of the surplus and
reserve transfers of £2.386 this leaves reserves of £102,684 to carry forward.

THE EMERALD CENTRE
TRUSTEES REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
Desi
nated Funds
In addition to the general unrestricted funds we have 2 designated funds. A general maintenance fund was set up to
reseNe funds to cover any major renovation5 or dilapidations as they might arise. There is balance of £7,281 on this fund
arried forward. There were no movements in the year. There is a150 a general contingency fund gf £20,000 specifically
reserved to cover any Unfo￿$een major expenditure arisin8 and that cannot be met by OLtr fundraising activitles.
Rlsk Poli¢y Statement
As part of their overall duties of management, the trustees must ensure thot the major risks to which the company is
exposed are reviewed and that SVStems are established to mitigate those risks. The trustees consider that a major risk is
one, which if it materialised, would have a significant adverse impact on the charlties ability to fLtnction and achieve its
purposes as identified in Sts Memorandum and Articles of Association.
The trustees ￿cOgnIse that risks can arise not only from the charity's activities but also from failure to act or exploit
opportunities. The trustees actively review the major risks which the charity faces on a regular basis and believe that they
have estab5ished systems to mitigate any significant operational or buslness risks.
Structurefft governance and management
On the 13 December 2006 The Emerald Centre was incorporated under the companies, act 1985 as a private cornpany
limited by guarantee. On reBlStration the Company took over the assets and liabilities of the forrner unincorporated
association Leicester Irish Sports & Cultural A550cialion as at the 13 December 2006. This association was formed in 1996
nd made considerable progress during the next 10 years prlor to incorporation.
Governln8 Document
The charity is constituted as a company limited by guarantee, number 6028027 and Is therefore governed by a
memorandum and articles of association. The objects and powers are set out In the Memorandum of Association and
regulated by the Articles of Association. All members of the charity will be approved by the Trustees and no employee of
the company or relative of an employee is a member of the management committee. The management committee is
responsible for setting the direction of the charity and establishing policy.
The trustees, who are also the directors for the purpose of company law, and who served durlng the year and up to the
date of signature of the financial statements were..
Michael Walker
Noel Melvin
Stephen Ashley
Robert Berryman
Teresa Spilsburv
Declan McNicholl
Diane Cank
(Resigned 17 october 20241
Andrew McKenna
IAppointed 27 November 20241
The eomposition of the Board of Trustees is governed by the Charity's Articles of Association which states that the Board
should comprise of a minimum number of three members- there is no maximum number, although 10 would seem a
manageable number to administer the charity.
The Board meets monthly, or more frequently, if required. There are Sub committees covering sports and social activities. A
manager, appointed by the Trustees, is responsible for day-to-day activities.

THE EMERALD CENTRE
TRUSTEES REPORT ICONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH2025
Appolntment of Trustees
Trustees are elected annually at the Annual General Meeting. The Trustees may co-opt further trustees during the year who
will serve until the following Annual General Meeting. The first directors, as required by the Articles of Association, resign
at the first Annual General Meeting. Thereafter one third resigns at each Annual General Meeting.
All members are circulated with invitations prior to the Annual General Meeting, advlsSng them of the names due to resign
and requesting nominations for the Annual General Meeting. The Charity Commission's publication. The Essential Trustee
An Introdvction,, is issued to provide gu5dan¢e.
All directors of the company are also trustees of the charity. All of the directors stated below seryed throughout the year
and continue to be both directors and trustees as at the date of signing of the report. At the AGM held on 27 November
2024. Declan McNichol resigned as Trustee and did not wlsh to be re-elected and Andrew McKenna was formally appointed
a5 a Trustee. None of the trustees has any beneficial interest in the company. All of the trustees are members of the
Company and guarantee to contribute £1 in the event of a winding up.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of o winding up.
Related Partle5
The Charity has a related social enterprise which is known as the Emerald Tradlng Centre. The social enterprise is the
licensed bar withln the Community Centre. Profit, accrued through trading, is plou8hed back into the Charity to support
the charitable objectives of the Charlty.
The trustees report was approved by the 8oard of Trustees.
Teresa Spllsbury
Trustee
Dated.. 28 October 2025

THE EMERALD CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE EMERALD CENTRE
I report to the trustees on my examination of the financial statements of The Emefald Centre Ithe charity) for the year ended
31 March 2025.
Responsibllities and basss of report
As the trustees of the charity land also its dSrectors for the purposes of company lawl, you are ￿spOnSible for the preparatlon
of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charlty are not required to be audited under Part 16 of the
Companies Act 2006 and are eligible for independent exarnination, I report in respect of my examination of the charity's
financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed
the Directions given by the Charity Commission under section 1451Sllbl of the Charitles Act 2011.
Independent examiner'5 Statement
I have completed my examination. I confirm that no matters hove come to my attention in connection with the examination
givlng me Cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the CompanSes Act 2006.
the financial statements do not accord with those re¢ord5', or
the financial statements do not comply wlth the accounting requirements of section 396 of the Companies Act 2006
other than any requirement that the financial statemenls give a true and fair view, which is not a matter considered a5
part of an Sndependent èxamination. or
the financial statements have not been prepared in accordance wlth the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charitles preparing their financial
statements actordance with the Financial Reporting Slandafd applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examinatlon to whlch attention should be
drawn in this report in order to enable a proper understanding of the flnancial statements to be reached.
Thoma5 Mayfield BA FCA
Mayfield & Co (Accountants) Ltd
2 Merus Court
Meridian Business Park
Leicester
LE19 IRJ
28 October 2025

THE EMERALD CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 202S
Unrestrirted Designated
funds
funds
2025
2025
Re5tr•rted
funds
2025
Total
Vnre5trirted Designated
funds
funds
2024
2024
Restricted
funds
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
Other trading activities
11,534
27.186
114,701
126,235
27,186
9,149
21,932
148,154
157,303
21,932
Total income
38.720
114,701
153.421
31,081
148,154
179.235
Expenditure on:
Charitable activities
36,974
163,191
2￿.165
61,975
124,130
186,105
Total expenditure
36,974
163,191
200.165
61,975
124,130
186,105
Net incomellexpenditurel
1,746
148.4901
146.7441
130.8941
24,024
6,8701
Transfers between fund5
12.3861
2.386
19241
924
Net movement in funds
Reconciliation of funds:
Fund balances at l April 2024
146.104)
146,7441
(31,8181
24,948
16.8701
103,324
27.281
81.882
212.487
135.142
27,281
56,934
219,357
Fund balances at 31 March 2025
102,684
27,281
35.778
165.743
103,324
27.281
81,882
212,487
The statement of financial activities includes all gains and losses retognised in the year. All income and expenditure derive from continuing activities.

THE EMERALD CENTRE
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Note5
Fixed assets
Tangible assets
10,500
14,000
Current assets
Debtors
Cash at bank and in hand
12
9,535
153,553
10,963
195,015
163.088
17,8451
205,978
17,4911
Credltors,. amounts falling due withln one year
13
Net current assets
155,243
198,487
Total assets less ¢urrent Ilabllltle5
165,743
212,487
Net assets excluding penslon liablllty
165,743
212,487
The funds of the charltv
Restricted funds
Unrestricted funds 8eneral
Unrestricted funds designated
14
35,778
102,684
27,281
81,882
103.324
27,281
16
165,743
212,487
The company is entltled to the exemption from the audit requirement contained In settion 477 of the Companles Act 2006, for
the year ended 31 March 2025. No member of the company has deposlted a notice, pursuant to section 476, requirin8 an
audit of these financial statements.
The dlrector acknowledges his responsibilities for complying with the requirements of the Companles Act 2006 with respect to
accounting record5 and the preparatlon of financial statements,
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small
companies ￿gIMe.
The financial statements were approved by the trustees on 28 October 2025
Robert Berryman
Trustee
Company ￿gistratIon number 06028027 (England and Wales)
10-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charlty information
The Emerald Centre 15 a private company1Smited by guarantee incorporated in England and Wale5. The registered offlce
15 450 Gipsy Lane, Leicester, LE5 OT8.
1.1 Accounting con¥entSon
The financial statement5 have been prepared In accordance with the charity's governing document. the Companies Act
2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities SORP
"Accountin8 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Flnancial Reporting Standard applicable in the UK and RepLtblic of Ireland IFRS 1021"
The charlty Is a Public Benefit Entlty as defined by FRS 102.
The charity has taken advanta8e of the provisions in the SORP for charities not to prepare a Statement of cash flow5.
The financial statements are prepared in sterling, which is the functlonal currency of the charity. Morbetary amounts in
these financial statements are rounded to the nearest £.
The financlal statements have been prepared under the historical c05t convention. The principal accoL*ntin8 policie5
adopted are sei out below.
1.2 Golng concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has
adequate resources to continue in operatSonal existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of occountin8 In preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees In furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purpose5 and
Uses of the restricted funds are Set out in the note5 to the financial statement5.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Intomè
Income is recogn15ed when the charity is legally entitled io it after any performance condStlons have beer* met, the
amounts con be measured reliably, and it 55 probable that income will be received.
Cash donation5 are recoEnised on receipt. Other donaiions are recognised once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donatlOn5 received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are ￿cOgnised on receipt or otherwise if the charity has been notified of an impending distribution, the
amount 15 kr+own, and receipt is expected. If the amount Is not known, the leeacy is treated as a contingent asset.

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Contlnuedl
1.5 Expenditure
Expenditure is recognised once there Is a legal or constructive obligation to transfer economic benefit to a third party, it
is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be
measured reliably.
Expenditure is classified by activity. The costs of each actlvity are made up of the total of dlrect costs and shared costs,
Including support costs involved In undertaking each activity. Direct Costs attributable to a single activity are allocated
directly to thot activity. Shared Costs which contribute to more than one activity and support cost5 which are not
attributable to a sin8le actlvity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocated on the basis of time spent, and depreciation char8es are allocated on the portion of the
asset S Use.
All expenditure is accounted for on an accruals basls and has been classified under headings that aggre8ate all costs
related to the category.
Support costs are those costs incurred directly in support of expenditure and the objects of the charity. Governance
costs are those incurred in connection with adminislralion of the charlty and compliance, wlth constltutional and
Statutory requirements.
1.6 Tanglble flxed asset5
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of deprecbation
and any impairment1055es.
Depreciation is recognised so as to write off the cost or valuatlon of a5set5 le55 their resldual values over their useful
lives on ihe following bases:
Motor vehicles
IO% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of flxed assets
At each reporting end dote, the charity reviews the carrying amounts of Its tangible assets to determine whether there
is any indication that those assets have Suffered an impairment loss. If any such indication exists, the recoverable
amount of the a55et Is estimated in order to determine the extent of the impairment105s lif anvl.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investment5
with original maturities of three months or less, and bank overdraft5. Bank overdrafts a￿ shown within borrowings in
current liabilities.
1.9 Flnancial instrument5
The charity only hès financial assets and financial liabilities of a kind that qualify a5 basic financial instruments. Basic
financial instruments are initially recognised at transaction value and subsequently measures at their settlement value
with the exteption of bank loans, which are subsequently measured at amortised cost using the effective interest
method.
12-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Afcountlng policies
Icontinuedl
Bosicfinanclol tsssets
Basic financial assets, which Snclude debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amort15ed cost using the effective interest method unless
the arranBement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts dlscounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Buslcfinontlol liabllltles
8asic financial liabilities, including creditors and bank loon5 are initially recognised at transaction prlce unless the
arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the
future payment5 discounted at a market rate of interest. Financial liabilities classified a5 payable within one year are not
amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations
from supplier5. Amounts payable are cla$5ified a5 current liabilities if payment is due within one year or le55. If not, they
are presented as non-current liabllities. Trade creditors are reco8nised initially at transaction price and subsequentlv
measured at amortlsed cost uslng the effective interest method.
Derec(wnltlon offlnonclol Ilabllltles
Financlal liabilitie5 are derecognised when the charitV'5 contractual obligatlons expire or are discharged or tancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement Is recognlsed in the period in which the employee's services are received.
Termination benefits are recognised immedlately as an expense when the charlty Is demonstrably committed to
termlnate the employment of an employee or to provide termination benefits.
Crltlcal •¢¢ountlng estlmates and Jud8ements
In the application of the charity's attounting policies, the trustees are required to make judgement5. estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimate5 and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumption5 are revlewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
13-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Donatlons and legacies
Unrestr5cted
funds
general
2025
Restricted
funds
Total Unrestricted
fund5
general
2024
Restricted
funds
Total
Z025
2025
2024
2024
Donations and gifts
Grant5 receivable
11,534
11,534
114,701
9,149
9,149
148,154
114,701
148,154
11,534
114,701
126,23S
9,149
148,154
157,303
Donations and glfts
Emerald Seniors
Funeral Donations
The Emerald Tradin8 Centre
St Andrews
Naomh Padrai8 GAA
Bike Sponsorship
Gift Aid
Other
4,100
4,100
311
200
120
3,630
4,699
311
200
120
3,630
4,699
360
360
4,915
2,026
133
4,915
2,026
133
189
189
11,534
11,534
9,149
9,149
Grants recelvable lor Core
actlvltles
National Lottery Cost of
Llving
Department of Foreign
Affairs and Trade: Emigrant
Support Programme
UKSFP Digital
Leicester City Council
Various
Ward Funding
The Football Foundation
46,399
46,399
100,755
7,098
100,755
7,098
100,755
100,755
1,000
4,648
1,200
1,000
4,648
1,200
1,000
114,701
114,701
148,154
148,154
14-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Fund ralsing
2025
2024
Social income
Other Income
Field income
Rent
Trading activity Income.. other
9,270
2,962
2,283
7,417
3,213
2,225
16,061
5,687
Fund raising
27,186
21,932
Expendlture on charltable artlvltles
Unrestrl¢ted
funds
2025
RestrScted
funds
2025
Total
Unrestrlrted
funds
2024
Restrirted
funds
2024
Total
2025
2024
Dlre¢t costs
Staff costs
Depreciation and
impairment
Other costs
Premises expense5
Project costs
Motor and travel costs
93,294
93,294
13,047
80,174
93,221
3,500
872
18,479
44,326
720
3,500
7.744
39,368
47,614
2.285
3,500
3,500
6.403
38,893
35,117
2,702
6,872
20,889
3,288
1,565
6,403
25.893
8,545
1,818
13,000
26,572
884
32,614
161,J91
193,805
55,706
124,130
179,836
Share of support and governance ¢ost5 (see note 71
Governance
4,360
2,000
6,360
6,269
6,269
36,974
163,191
200.165
61,975
124,130
186.105
Analysis by fund
Unrestricted funds- general
Restricted funds
36,974
36,974
163,191
61,975
61,97S
124,130
163,191
124,130
36,974
163,191
200,165
61,975
124,130
186,105
15-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net movement in tunds
2025
2024
The net movement in funds is Stated after chargin8llcreditingl..
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed assets
3,000
3,500
3,000
3,500
Support costs
support costs Governance
costs
2025
2024 Basis of allo¢atlon
Independent examination
fees
Legal and professional
Other insurance costs
Pension admin costs
Software costs
Governance
3,000
2,170
280
434
476
3,000
2,170
280
3,000
2,550 Governance
263 Governance
396 Governance
60 Governance
434
476
6,360
6,360
6,269
Analysed between
Charitable activities
6,360
6,360
6,269
Governance c05ts includes payment5 to the independent examiners of £3,000 12024-
£3,000) for examination fees.
Trustees
None of the trustees lor any persons connected with them) received any remuneration during the year, and none of
them were rebmbursed for travelling expenses12024- £nill.
Employees
The average monthly number of employeès during the year was..
2025
Number
2024
Number
Direct charity workers
Employment C05t5
2025
2024
WaBes and salaries
93.294
93,221
16-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
{Contlnuedl
No employee is allocated entirely to governance.. an assessment of part of each employee's involvement in governance
has been used as a basis for determining the above apportionment of costs.
For a full breakdown of cost5 please refer to attached income and expenditure accounts after the conclusion to the
notes to the accounts.
There were no employees whose annual remuneratlon was more than £60,000.
Remunefatlon of key management personnel
The remuneration of key management personnel was as follows..
2025
2024
Aggre8ate compensation
42,941
40,197
10 Taxation
The charity Is exempt from taxatSon on its actlvities because all its Income is applied for charltable purp05e5.
11 Tangible fixed a55ets
Motor vehlcle5
Cost
At l April 2024
35,000
At 31 March 2025
35,000
Depfeclation and impalrment
At l April 2024
Depreciation charged in the year
21,000
3,500
At 31 March 2025
24,500
Carryin8 amount
At 31 March 2025
10,500
At 31 March 2024
14,000
17-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Debtor5
2025
2024
Amounts fallln8 due wlthin one year:
Other debtors
Prepayments and accrued income
5,255
4,280
4,007
6,956
9,535
10,963
13 Creditor5: amounts fallln8 due wlthln one year
2025
Z024
Other tèx3tion and soclal security
Accruals and deferred incorne
1,673
6,172
1,773
5,718
7.845
7,491
14
Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and 8rants held on trust subject to
specific condltlons by donors as to how they may be used.
At l Aprll 2024
Incomlng
resources
Resources
expended
Transfers
At 31 March
2025
Department of Foreign Affairs and
Trade- Emigrant Support
Programme Main
Department of Foreign Affairs and
Trade.. Emigrant Support
Programrne Parade
Department of Foreign Affairs and
Trade- Emigrant Support
Programme Late Life
Garfield Weston Trust
LCC Parade
20,500
82,000
182,0001
20,500
2,175
12,1751
12,581
14,000
16,580
124.3831
13,5001
11,0001
17,0981
11,2001
17,0341
134,8011
4,778
10,500
1,000
7,098
1,200
4,648
UKSF Digital
The Football Foundation
Troon Ward Funding
National Lottery C05t of Living
2,386
34,801
81,882
114,701
1163,1911
2,386
35,778
18-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENT5 (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14
Restricted funds
(Continued)
Previous year,.
At l April 2023
Incom5ng
resources
Resources
expended
Transfers
At 31 March
2024
Department of Foreign Affairs and
Trade: Emigrant Support
Programme Main
Department of Foreign Affairs and
Trade.. Emigrant Support
Programme Parade
Department of Forelgn Affairs and
Trade.. Emigrant Support
Programme Late Life
Garfield Weston Trust
Power To Change
LCC Parade
Awards for all
Troon Ward Funding
Nat5onal Lottery Cost of Living
18,700
82,000
180,2001
20,500
2,175
13,0641
889
16,580
13,9991
13,5001
iio,0001
11,0351
17,9341
12,8001
111,5981
12,581
14,000
17,500
10,000
1,000
35
7,934
2,800
46,399
34,801
56,934
148,154
1124,1301
924
81,882
15 Unrestricted funds
The unreslrlcted funds of the tharity comprlse the unexpended balances of donations and grants which are not subject
to specific conditions by donors and grantors as to how they may be used.
At l Aprll 2024
In¢omin8
resources
Resources
expended
Transfers
At 31 March
2025
Emerald Trading Centre
Unrestricted projects
Field Income
37,620
65,704
7,777
28,718
2,225
45,397
57,287
128,3941
18,5801
18,7411
6,355
103,324
38,720
136,9741
12,3861
102,684
19-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Unrestrirted funds
{Contlnuedl
Prevlous year:
At l April 2023
Incomln8
resour¢es
Resour¢es
expended
Transfers
At 31 March
2024
Emerald Tradin8 Centre
Unrestricted projects
Field Income
Social Income
Other unrestricted income funds
37,367
92.938
7,617
11,911
2,283
9,270
17,3641
132,0681
18,4361
19,2701
14,8371
37,620
65,704
17,0771
6,153
4,837
135,142
31,081
161,9751
19241
103,324
16 Deslgnated Funds
The followin8 ère unrestricted funds speclfically designated and rlng fenced form other unrestricted funds.
At l Aprll 2024
At 31 March
2025
Contingency fund
General Maintenance fund
20,000
7,281
20,000
7,281
27,281
27,281
Prevlous year:
At l Aprll 2023
At 31 March
2024
Contingency fund
General Maintenance fund
20,000
7.281
20,000
7,281
27,281
27,281
20-

THE EMERALD CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17
Analysis of net assets between funds
Unrestrirted
tunds
general
2025
Unrestrirted
funds
desl8nated
2025
Restricted
funds
Total
2025
2025
At 31 Mar¢h 2025:
Tangible assets
Current as5ets/lliobillties1
10,500
25,278
10,500
155,243
102,684
27,281
102,684
27,281
35,778
165,743
Unrestricted
funds
general
2024
Unrestrirted
fund5
desl8nated
2024
Restrlcted
funds
Total
2024
2024
At 31 March 2024:
Tangible assets
Current assets/lliobi1Stlesl
14,000
67,882
14,000
198,487
103,324
27,281
103,324
27,281
81,882
212,487
18 Related party transartlons
Transactions Wlth related parties
During the year the charity entered into the following transaction5 Wlth related parties..
The Emerald Tradin
en
re
A related party. The Emerald Trading Centre use the facilities of The Emerald Centre for which rent and service charges
were charged in the year of £7,41712024.. £7.4171.
The Emerald Trading Centre ?Iso paid a donation to the The Emerald Centre in the year of £36012024.. £2WI.
21