REGISTERED COMPANY NUMBER: 06534365 (England and Wales) REGISTERED CHARITY NUMBER: 1125156 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR THE BurtERFJELD CEIYTRE LIMITED Dexler & Shirpe Chartered Certified Accountants Commerce House IX WLSt StrLLt Bourne LinLoliishire PE109NE THE BUTTERFIELD CENTRE LIMITED CONTEP4TS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 21)24 Page Report of the Trustees Independent Examiner's Report Stalement of Financial ActiTrities B4lon¢¢ Sheet Notes to the Flnanrl41 Sla¢ernents THE BUTTERFJELD CEiNTRE LIMITED (REGISTERED NUiVJBER: 06534365) REPORT OF THE TRUSTEES FOR I'HL YEAR ENDED 31 MARCH 2024 The Iruslees who are also directors of ihe charity for the purwses of Ilie Companies Act £006, present their report with Ihe fiiiancial btulcmunt4 of thL Lliurit). t-or thu ycar cndud 31 MuTLh 2024. Thc truslLL% havL udoptcd tlic provisions uf Accounting Rcporting by Charilies.. Sialemenl of Recommended Practice applicable 10 charities preparing their accounts in accordance with the Fiiiaiicial Reporting Standard applicable in the UK and RepLibliL of Ireland (FRS 102) (effective l January 2019). OBJECTIVES ALND ACTIVITIES ()bjectives and Aetii'ities The Charity conlinues 10 provide outreach services which are available 7 days a week. These comprise Meals on Wlieels for the provision of a hol 2 course lunch, a Domestic Cleaning Service for thobe who are unable lo carry out iheir 0￿1] cleaning, a venue that 15 opeii to help preveiit social isolation and loneliness and a coinmuiiity pantry to benefit the Community. DuriiigF tlie year the centre also inteRraled Ilie serviLes of Ihe local "Food Bank" All services are provided with regard to guidance issued by the Charity Commission. ACHIEVEMENT AND PERFORMANCE The l.'harily has conliiiLied lo ptYTrvide a welcoming environment for Ilieir clienTs and along wilh other organizalions in the Town opcr&tcd a 'Warni Hub, from NovLmbcr throLigh to MarLh lo cnablL Llicnts to Lnjoy friendship dnd rLtrcshmciils WLthout incLirriiig any cost. Tliiq initiative wa5 inlroduced to help local residents beat the rise in energy costs and the general cost ot. living. Tlie Charity a140 succe%%fully iiitegyrdted the local 'FoDd Bank" uiider it% uinbrella rheretore tdcililaliiigy the proi'i%ion of fresh produce from ihe cornrnunily panlry Io 115 'Food Bank" partiier. The C.harily depends on volunteer support lo enable the continued operation ot ils Meals on Wheels service ( I l On hours per year) th¢ Cointniinity Pantry has extended ils services froni I to 6 days per week and continues to be well supported by volunreers and clients (500 hour% per year). The Q.harity'b finonLial perfornianLe was adversely afteLled during the year due to unaiitiLipated costs associated with the iiifrastrucNre ol. the buildin&'. FINANCIAL REVIEW As imay be seen froni ihe financial statements. all funds al the presenl liine are held at the bank. The Charity also invests with the Charitable Oi'ganis&tionb Inijestmeni Fund (COIF) to provide winding down funds if ever reciuired. The Charity's baseline funding is by means of a miniinal c051 for each service in order lo maintain Ihe Cenlre, staffing Losls, ulililies and slaluiory LuniplianLe Lus15, uiid, where reSUUILes permit, tl)e up¥i'adin¥ ut. taL'ilities and equipmeiii, togeihei. with siall" (ind volunteer skills. FUTURE PLAIYS To conliiiue lo promote the Cenire wiihin the local community and via social media, highlighting Il)e benefits of the services il prL)vide.s both 10 Ilie elderly und vulnerable and al%0 to those feeliiig the etleLl% of L'ost of liviiig inLreuses. To continue to provide training and opportunities for the professional development of staff. volunteers and Trustees. To continiie. wilh iniproveinents wiihin tl)e Centre in partnership with the local c.ominunily and grant making bodies. To continue and increase Ibe prO￿lSion of ils Meals on Wheels and Dorneslic seTrice. To improve the ottering to local tamilies of the Communily Pantry and to work closely wilh its "Food Bank" partii¢r to provide a 501ulit)ii li) boili fDvd povet'ly aiiLi fooli waste. Page I THE BUTTERFJELD CEiNTRE LIMITED (REGISTERED NUiVJBER: 06534365) REPORT OF THE TRUSTEES FOR I'HL YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Thc Cliarity iy ts LOmp￿nY limitud by guarantuL and inLvrporatcd vn 14 MurLh 2008 und thLrcforL Itb govcrning doLumcnt 1% it.4 Meinoraiiduin and Arlicles of Associatioii. Tlie Chariiy was Ilien registered with Ihe Charity Coinmission. Recruitment and appoinltnent of neiv trustees The Trustees were recruited to ensure a balanced and comprehensive range of professional skills and experience. They share a Lommoii vi%iun which ]% sLI out bulow. I ru.%tL￿.% wil l upprui'L thu (IPPL)Iiilmunt ol- any nLw niLillbLrs al boar(J IllLLling%. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company nuTnber 06534365 (En.gland and Wales) Registered Charity number 1125156 Reglstered offiee 2 North Road Bourne Liiicolnshire PEIO 9AP TruytL'e$ I SisiTiey Ms H Crawford None of the Trustees have any beneficial inleresl ii) the company. All of the Trustees are members of Ihe company alld guarantee lo Lonlribute an amount not exLeeding £ l U in the eveiii of a windiiig up. Independent Examlner Dexter & Shtiye Chartered c.ertified A¢¢ouiiianls Coiknmerce HL)use 18 West Street Bourne LinLuln5hire PEIO 9NE ADDITIONAL GOVERNANCE ISSUES There is a Protection of Vulnerable Adulis Policy in place. Criminal Records Bureau checks are cayried oui prior to any volunieer, StatTnieinber or Trubtee tdking up their po%1. Re-L,heLk% are L'urried uul %laluluiily required. The Centre works in close conjunction with many oulbide agencies including doctors surgeries, hospital discharge officers and LCC Adult Social Care providing7 reterrals and is utilised as a knowledgF¢ base. All Trustees gave up tlieir time vuluntarily and reLeived no remunerdliun or other beiiefils. Approved by order of the board of trustees on 31 December 2024 and signed on ils behalf by: I Sismey - Trugtee Page 2 INDEPENDENT EXAIWINER'S REPORT TO THE TRUSTEES OF THE BiirrERF]ELD CENTRE LIMITED Independent examiner's report to the trustees of The Butterfield Centre Limited ('the Companv,) I report to the Lharity trustees on my examination of the atitiounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As thc LhJrit} & trustcLs of tliL Cotnpuny (and also ils director% for thc purposcs of Lumpuny lawl you rc%ponbiblL fur thu preparation of the accounts in accordance witli tli¢ requirements of the Companies Act 2006 ('Ihe 2000 Acl'}. Havin&v satisf led Inyselt, that the account5 of the Company are not required to be audited under Part 16 ot, the 2006 Act and are eligible for independent examinalion, I report in respecl of my exaininalion of your Lliarity's acbounls as carried out under Section 145 ot thL LharitiL% ALI 2U I I I'IIIL 2U I I ALt')- In Larrying out tlly L'xaininulion I huvL followLd IhL L)irLLtiun8 givLn by ihc Charity Commission uiider Section 145{51 (b) of the 201 l Act. Independent exarniner'5 Stglement I have completed Iny examination. I confirn] that no Inalters have come to iny attention in connection with Ilie examination RivinR me L'au%c lo bLIiLwL': accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accountb do not accord with those record5. OT the ac¢oun18 do nol comply with the accounting requirements of Section 796 of the ?006 Acl other Ihaii any requireineni Ihal thc aLLounrs givc a truL and t.air viLw whicli is not a rnattLr Lonsidcrcd as part of an indLpcndLnt cxamination; or tlie accounls have not been prepared in accordance with the nietliods and prinLiples ol. Ihe Sialement ol. Recomni¢nded Practice for accounting and reporting by charities (applicable to cliai'ities preparing their accounts in aLcordan¥¢ willi Ilie Financial Reportingy Stdiidard dpplicable in the UK and Republic ot Ireland (FRS 102)). I hdvL no conLLrns and have eorne aLross no other n)atlLrs in LonncLILOli Willi thL cxamiiiation lo whiLh fltlcntioii sholild bL drnwn in this r¢port in ord¢r to enable a prop¢r und¢rslanding ot. the accounts to b¢ r¢a¢h¢d. c.olin Tyte Dexler & Shatpe Chanered Certified ALLL)uniulli8 Commerce House I g INesl Street Bounie Lincolnshire PEIO 9NE -31 December 1024 Page 3 THE BUTTERFIELD CENTRE LIMITED STATEMELNT OF FINANCIAL ACTIVITIES FOR I'HL YEAR ENDED 31 MARCH 2024 2024 Total tunds 2023 Total funds Unrestricted fund Restricted fund NutL. I]YCOME AND ENDOWMENTS FROTrI Donations and leguLie. 19,852 19,852 30,760 Other truding aLtivities C)Iher income Tutal 46.505 46,505 2V,527 65,081 22,171 118012 EXPENDITURE ON Raising funds 106,457 106.457 88.375 NET INCOMEI(EXPENDITURE) (19,573) {19,573) 29,637 RECONCILIATION OF FUNDS Toldl tund4 broughi forward 114,392 114.392 84,755 TOTAL FUNDS CARRIED FORWARD 114392 The notes fonn parl of iliese finaneial statements Page 4 THE BUTTERFJELD CEiNTRE LIMITED (REGISTERED NUiVJBER: 06534365) BALANCE SHEET 31 MARCH 2024 2024 Total tunds 2023 Total funds Unrestricted fund Restricted fund NutL. FIXED ASSETS Taiigible assei 2,517 2,517 3,357 CURRENT ASSETS Debtors Cash ul bunk 2,3211 2,321) 1,257 112,004 113,321 93,539 CREDITORS Aiiiounts falling due within one year (1,237) (1,237) (2,286) NET CURRENT ASSETS 92,302 111035 TOTAL ASSEI TS LESS CURRCI NT LIABILITIES 94,819 94,819 114,392 IYF.T ASSETS FUNDS UnrcslriLILd funds TOTAL FUNDS 114392 10 114J92 114392 The cliarilable coinpanv is eiililled ro exeinpiion from aiidii under Section 477 of the Companies Act 2006 for the year ended 3 L March 2024. Tlie Inember% huve not required the L'ompany to obtsin an dudit uf ilti finunL'ial stdteinenls fur the year elided 31 MurL.h 2024 in accordance willi Section 476 of Ihe Companies Act &OU6. The Irusiees a¢knowledge their responsibiliiies for lal en%uring that the ¢haritable Lornpany keeps acL'ountin¥ reLord% that Loinply with Seilions 386 and 3¥7 uf the Cumpanies All 2006 and preparing tinancial slateiy)ents which give a Irue and fair view of the slate of affjirs of the charitable company as Ji the end of ea¢h tiiiancial yeai. aiid ot its suiylu4 or defi¢il tor each fiiiaii¢ial year iii a¢¢oi-danc¢ witli the requireinents ot Se¢lions 394 and 395 and wl)ich oilietwise coniply with the requiremenis of ilie Companies Act 2006 relating lo financial siatemenis, so far dppliLablL to tIiL LhdritllblL Lollipdny. (b} The notes fonn parl of iliese finaneial statements Page 5 continued..- THE BUTTERFJELD CEiNTRE LIMITED (REGISTERED NUiVJBER: 06534365) BALAIYCE SHEET- eontlnued 31 MARCH 2024 These finanLi81 statements have been prepared in accordance with the provisions applicable lo charitable Lompanies subjeLI to the small companies regitlle. The fjnancial slateinents were approi'ed the Board of Truslees and aulhorised for issue on 31 December 2024 and were signed oil its behalf by- I Sismey - Trustee The notes fonn parl of iliese finaneial statements Page 6 THE BUTTERFIELD CENTRE LIMITED P40TES TO THE FINANCI.4L STATEMEINTS FOR THE YEAR ENDED 31 MARLH 2024 ACCOUNTING POLICIES Basis of preparing the finanei#l tytatements The financial slaienieiils of tlie chariiable company, which is a public benefil eniily under FRS 102. have been prepared iii accordaIice with the Charilies SORP (FRS 102) 'ALcounting and Reporting by Charities-. Sialetnenl of Recommended Practice applicable to charities preparinbF their accounT5 in accordance with the Financial R¢portinb, Standard applicable in the UK and Republic of Ireland (FRS 102} (effectiiie l January 2019),, Financial Reporting Siandard 102 'The Financial KLpuning Slanddrd appliLablL in thL' UK dnd RLpubliL of IrL'lund' and thL LompaniL% ALt 2UUb. 'I"hL tiiianLiul slalcmL'nt have been prepai'ed under the hisLorical cosl convenlion. Incorne All incorne is recoAnised in the Siateinenl of Financial AclivLties once ihe chariiy lias entitlement lo ihe funds, il is probable that th= inLome will be reLeivcd und thc dmounl Lan bc mLd%urcd rLliably. Expendlture LiLlbil ities are recogTnised as expeiiditure as soon tliere is a legyal OT constrLiCtive obligvation cominittingy the charity lo that exi)endi(ure, il is probable thai a tran.sfer of ecoiiomic benefits will be required iii seiileinenl aiid ihe amount of Ilie obligation can bc mcasurcd rLliably. ExpcndilurL is dLcountcd for on an aLcruals basis and has bccn LlassitiLd undcr hLadings that aggregate all cost relaled to the Lalegoiy. Wliere costs cannot be directly attributed lo particular headings Ihey liave been Ilocaled to Ilclivilies on a basis Lonsibienl witli tlie use ol I'esources. Taxation ThL Lharily is exLmpt from corporation tax on ils cliariiablL aLlivitics. Fund iccountlng Unrestricted fundN can be utyed in accordaiice with the charildble objeciiveèi at the di%cretion ot the tru%teet>. Restricted funds can onl> be used for panicular reslriLied purposes M'iihin the objeLlS of the charity. Restrictions arise when specitied by tlie doiior or ivhen funds are raised lor particular restricted purposes. Further expldnation of the nllture and purpo￿ ot'edch fund 1% included in ihe note% to the Iinancial statements.. OTHER TRADING ACTIVITIES 2024 2023 Mobile meals NET INCOMEI{EXPENDITURE) Nct incoLmLI(CXPLndilurc) L% tstuted aftcr LliargiiiW(Lrcdiling): 2024 2023 Depreciation - owned assets 840 Page 7 continued..- THE BUTTERFIELD CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2024 TRUSTEES, REMUNERATION AND BENEFITS Thurc wurc trustcc%' rLinuncrbtion or othLr bLncfil4 for thc ycttr cndLd 31 Marvh 20?4 nor tor thL yLur LndLd 31 Nqtsrch 2023. Trustees, expenses Tl)ere were no Iruslees, expenses paid foy Ihe year ended 31 Marcl) 2024 nor for the year ended I l March 2023, STAFF COSTS Tlie ai'erage moiiihly number of employees during the year was as follo￿'S.. 2024 2023 Employees No employees received emolumenls in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled tund Keslricled fund l otal fuiids INCOME AND ENDOIVMENTS FROM Donations aiid legTacies 30,760 OiliLr Irdding dLtiviliL. Oiher incoine TotHI 65,081 6.S,OX I I I11.1)12 I Ix,01? EXPENDITURE ON Raisiiigv luiid5 S8,375 8,375 LYET INCOME 29,6.17 29,637 RECONCILIATION OF FUNDS Total funds brouLJlit fomiird 84.755 84.755 TOTAL FUNDS CARRIED FORWARD 114392 114392 Page 8 continued..- THE BUTTERFIELD CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2024 TANGIBLE FtXED ASSETS Plani and tnachinLry COST Ai l April 2023 and 31 March 2024 DEPRECJATJON Ai l April 2023 Charge for year Ai 31 March 2024 NET BOOK V4LUE Al 31 March 2024 Al 31 March 2023 2,599 840 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors CREDITORS: AMOUNTS FALLING DIIE WITHIN ONE YEAR 21124 2023 Ti'ade credito Social security and other taxes ALcrued expenbes 49 10 236 2,IHO 1,1811 io. MOVEMENT IN FUNDS Nel movLniLnl In tunds Al 31.3.24 At 1.4.23 Unrestricted funds General fund 114.392 (19,i73) 94,819 TOTAL FUNDS 114 392 19573) Page 9 continued..- THE BUTTERFIELD CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR I'HL YEAR ENDED 31 MARCH 2024 io. MOVEMENT IN FUNDS - continued Nct movcmLnt in funds, iiiLludcd in thu ab()N'L arL fL)IIvws'. Incoming resources Resources expended Movement in fruniLg Unrestricted funds General fund 86,884 (106,457) (19,573) TOTAL FUNDS 106 457) Comparatlves for movement In tunds Net mov¥lliLnl 111 funds Al 31.3.23 At 1.4.22 UnrestriLted funds Gei)er