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← The Grocott Centre Limited

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 06601430 (England and Wales) REGISTERED CHARITY NUMBER: 1125439

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Grocott Centre Limited

Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 16
Detailed Statement of Financial Activities 17 to 18

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Report of the Trustees for the Year Ended 31 March 2025

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 31 March 2025. 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

Objectives and aims

The charity's principal activities are the provision of community-based day opportunities and services for adults with learning disabilities and additional needs. The organisation's activities are aimed at adults of all ages from North Staffordshire and adjoining areas.

Services available to service users currently comprise day opportunities for any adults with learning disabilities, covering support with all aspects of independent living skills, personal development, enabling people to be active members of the community.

Principal activities, trading review and future developments

The charities principal activity is the provision of day opportunities for people with learning disabilities, and additional needs that attend the organisation's services. The organisation's activities are aimed at adults of all ages from North Staffordshire and adjoining areas.

This year has seen a growth in referrals and attendances in recognition and as a result of the development of our new community-based model, we continue to embed and further grow our services responsively to create opportunities for the people that we support.

We have now completed the Community Asset Transfer of Blurton Community Hub to our organisation with a 25-year lease being executed on 23.01.25, we will now take this project forward and develop in line with the business plan and vision and values of the organisation.

In line with the above developments and our plans to review the organisation's structure, aims and objectives, and working name the trustees passed a resolution on 11.04.24 to dissolve the Grocott Centre Endowed Fund and close the linked charity, Charity Commission consent was sought, and they concurred with our decision. We will now further and complete the review of organisations structure, aims, objectives and business planning.

Public benefit

By carrying out our objectives and activities, the trustees consider that they have complied with the Charity Commission's public benefit guidance when exercising any powers and duties to which the guidance is relevant.

Fund raising

Our fund raising activities are targeted to specific projects and the level of fund raising is therefore dependent on the number and scale of projects planned.

FINANCIAL REVIEW

Results

There was a net loss on activities for the year of £26,926 compared to a loss of £71,185 for 2024. Total income increased by £119,875 to £202,573, due to various increases including an increase in daycare income of £45,897 and new sources income from rental income from room hire of £33,043. Total expenditure was £229,499, an increase of £75,616.

Overall bank and cash balances were £93,727, a decrease of £34,208 in the year.

Reserves policy

The events of recent years and the decision to invest in a community-based model have had an effect upon the reserves of the Charity and the trustees are aware that it will be imperative that we maintain income to ensure that we are able to have in reserves funding of at least one year to cover our expenses of £100K approximately. Our current reserves are in excess of this figure.

Page 1

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Report of the Trustees for the Year Ended 31 March 2025

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

Once the lease was in place we were able to submit a new application to the Community Investment Fund, an application former Hub trustees has made was not able to be granted as no lease was in place, this application was successful and in April 2025 we received a grant of £27,636.12 requiring a further 10 per cent cash contribution from ourselves to carry out adaptions to the front reception improving the security of the building, and to re design the garden space making it more accessible and usable.

The former Trustees of Blurton Community Hub agreed to any remaining funds once all debts etc had been settled upon closure of that charity be donated to ourselves to further the work of the hub and the closing balance of £5,012.21 was received with grateful thanks and was utilised for the most part to contribute to the grant works as above.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Trustees will be recruited by invitation from the Chair and CEO, based on the skills and expertise required on the board at that time. Each prospective trustee will be offered a trial period, during which appropriate checks will be carried out and a probationary period completed. Upon successful completion of these checks and probation, their appointment will be formally confirmed. The trustees are actively seeking to recruit to strengthen the board.

Induction and training of new trustees

All new trustees will be provided with a structured induction to ensure they understand their responsibilities and are well-equipped to contribute effectively to the board.

Trustees

The trustees remained in place during the course of the year except as noted on page 3.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06601430 (England and Wales)

Registered Charity number

1125439

Registered office

Cliveden Chambers Cliveden Place Longton Stoke on Trent Staffordshire ST3 4JB

Trustees

Mrs D Campbell CEO M Swistek N MacDonald C Eccles ceased being co-opted 17.8.25

Page 2

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Report of the Trustees

for the Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Paul Scriven FCCA Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB

Patron

The Rt Hon The Lord Stafford DL, FRAgS

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 20 November 2025 and signed on its behalf by:

Mrs D Campbell - Trustee

Page 3

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

Independent Examiner's Report to the Trustees of The Grocott Centre Limited

Independent examiner's report to the trustees of The Grocott Centre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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

Paul Scriven FCCA

Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB

20 November 2025

Page 4

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted
fund
Notes
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
6,061
Charitable activities
Catering income
42,152
Day care facilities
96,475
Training
11,711
Other trading activities
3
39,652
Investment income
4
1,052
Other income
4,470
Total
201,573
EXPENDITURE ON
Raising funds
6,911
Charitable activities
Catering income
52,354
Day care facilities
157,469
Training
11,765
Total
228,499
NET
INCOME/(EXPENDITURE)
(26,926)
Transfers between funds
16
135,786
Net movement in funds
108,860
RECONCILIATION OF
FUNDS
Total funds brought forward
(6,939)
TOTAL FUNDS CARRIED
FORWARD
101,921		 Restricted
Endowment
funds
funds
£
£
1,000
-
-
-
-
-
-
-
-
-
-
-
-
-
1,000
-
-
-
-
-
1,000
-
-
-
1,000
-
-
-
-
(135,786)
-
(135,786)
-
135,786
-
-		 31.3.25
Total
funds
£
7,061
42,152
96,475
11,711
39,652
1,052
4,470
202,573
6,911
52,354
158,469
11,765
229,499
(26,926)
-
(26,926)
128,847
101,921		 31.3.24
Total
funds
£
1,385
17,172
57,281
-
4,491
1,769
600
82,698
5,460
15,396
133,027
-
153,883
(71,185)
-
(71,185)
200,032
128,847

The notes form part of these financial statements

Page 5

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Balance Sheet

31 March 2025

Notes
FIXED ASSETS
Tangible assets
10
Investments
11
CURRENT ASSETS
Debtors
12
Cash at bank
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Endowment funds
TOTAL FUNDS		 31.3.25
£
255
1,085
1,340
19,869
93,727
113,596
(13,015)
100,581
101,921
101,921
101,921
-
101,921		 31.3.24
£
769
1,139
1,908
7,320
127,935
135,255
(8,316)
126,939
128,847
128,847
(6,939)
135,786
128,847

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

continued...

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Balance Sheet - continued 31 March 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 November 2025 and were signed on its behalf by:

N Macdonald - Trustee

The notes form part of these financial statements

Page 7

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Grants receivable,are recognised in the accounts on an accruals basis. Recognition occurs from the date of entitlement and when the charity has complied with all conditions attached to the grant. Donations, gifts and fund raising are recognised in the accounts when received. Gifts in kind are valued at their value to the charity. Legacies are included when the full amount has been received. All other income is recognised when receivable.

Expenditure

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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

The support costs of the charity which includes wages and salaries, premises costs, telephone, printing, postage, stationery, equipment hire, subscriptions, training and insurance are allocated based on the level of activity. The percentages applied are as follows:

Direct charitable expenditure 95%
Fundraising and publicity 2.5%
Governance costs 2.5%

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 25% on cost Computer equipment - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with 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.

Endowment funds consist of a permanent endowment, The Manor House Fund. Income from the endowment is allocated to the activities of the charity.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 8

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to profit and loss as they are due.

Company status

The charity is a company limited by guarantee. The members of the company are the trustees named on page 3. In the event of the charity being wound up the liability in respect of the guarantee is limited to £1 per member of the charity.

2. DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
31.3.25 31.3.24
£ £
Donations 6,061 1,385
Other grants 1,000 -
7,061 1,385
3. OTHER TRADING ACTIVITIES
31.3.25 31.3.24
£ £
Fundraising events 2,306 4,491
Charity shop income 4,303 -
Room hire 33,043 -
39,652 4,491
4. INVESTMENT INCOME
31.3.25 31.3.24
£ £
Endowment funds - dividends received 31 30
Endowment funds - increase/ (decrease) in market value of investments (54) 95
Deposit account interest 1,075 1,644
1,052 1,769

continued...

Page 9

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

5. NET INCOME/(EXPENDITURE)

Net (expenditure) is stated after charging/(crediting):

31.3.25 31.3.24
£ £
Depreciation - owned assets 514 514
Operating lease costs 12,949 18,625

6. TRUSTEES' REMUNERATION AND BENEFITS

Mrs Debbie Campbell, a trustee of the charity, received remuneration in relation to her role as Chief Executive Officer. No remuneration was paid in relation to her role as a trustee of the charity. There was no other remuneration or benefits paid to trustees for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

8.

Management & operational staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted

fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,385
-
Charitable activities
Catering income
17,172
-
Day care facilities
57,281
-
Other trading activities
4,491
-
Investment income
1,674
-
Other income
600
-
Total
82,603
-
EXPENDITURE ON
Raising funds
5,460
-
Charitable activities
Catering income
15,396
-
Day care facilities
133,027
-
Total
153,883
-		 31.3.25

7
Endowment
funds
£
-
-
-
-
95
-
95
-
-
-
-		 31.3.24
6
Total
funds
£
1,385
17,172
57,281
4,491
1,769
600
82,698
5,460
15,396
133,027
153,883

continued...

Page 10

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
Endowment
fund
funds
funds
£
£
£
NET INCOME/(EXPENDITURE)
(71,280)
-
95
Transfers between funds
95
-
(95)
Net movement in funds
(71,185)
-
-
RECONCILIATION OF FUNDS
Total funds brought forward
64,246
-
135,786
TOTAL FUNDS CARRIED FORWARD
(6,939)
-
135,786		 Total
funds
£
(71,185)
-
(71,185)
200,032
128,847

9. THE GROCOTT CENTRE ENDOWED FUND

Endowment funds consist of a permanent endowment, The Manor House Fund, which was received from the Newcastle Centre for the Physically Handicapped in 2001/2002. It consisted of shares in Charinco and Charinshare investments together with the cash proceeds of the sale of the Manor House property. Income from the endowment is allocated to the activities of the charity. In 2008 approval was received from the Charity Commission for a scheme to incorporate the endowment funds within the limited company charity. The scheme was a uniting direction that the Grocott Centre Endowed Fund (formerly The Grocott Centre) be treated as forming part of the incorporated charity, The Grocott Centre Limited, for the purposes of Part II (registration) and Part IV (accounting) of the Charities Act 1993.

In 2012 the majority of the endowment fund's investments were sold and the proceeds were applied to the costs of relocating the charity's operations to Heron Cross House. In the event of the winding up of the charity the original amount of £135,786 would be repayable to the endowment fund.

At the balance sheet date the amount outstanding was £0 (2024 - £135,786).

The Charity passed a special resolution 11th April 2024 that the Charity Commission authority be sought to dissolve the permanent endowment fund, allowing the funds to be utilised as unrestricted funds. A letter was received from the Charity Commission 8th May 2024 concurring with the trustees' resolution under S.282 of the Charities Act 2011.

10. TANGIBLE FIXED ASSETS

COST
At 1 April 2024 and 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Motor
Computer
vehicles
equipment
£
£
15,949
2,568
15,949
1,799
-
514
15,949
2,313
-
255
-
769		 Totals
£
18,517
17,748
514
18,262
255
769

continued...

Page 11

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

11. FIXED ASSET INVESTMENTS

11. FIXED ASSET INVESTMENTS
Listed
investments
£
MARKET VALUE
At 1 April 2024 1,139
Revaluations (54)
At 31 March 2025 1,085
NET BOOK VALUE
At 31 March 2025 1,085
At 31 March 2024 1,139
There were no investment assets outside the UK.
Cost or valuation at 31 March 2025 is represented by:
Listed
investments
£
Valuation in 2024 1,139
Valuation in 2025 (54)
1,085
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade debtors 7,544 4,530
Prepayments and accrued income 12,325 2,790
19,869 7,320

continued...

Page 12

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25 31.3.24
£ £
Social security and other taxes 2,599 2,014
Other creditors 49 -
Accruals and deferred income 10,367 6,302
13,015 8,316

14. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25 31.3.24
£ £
Within one year - 494
Between one and five years - 206
- 700

The charity entered into a 25 year lease on 23.1.25 for the building they currently operate from and a piece of nearby land on a yearly peppercorn rent of £1.

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
fund
£
Fixed assets
255
Investments
1,085
Current assets
113,596
Current liabilities
(13,015)
101,921
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Endowment funds
Manor House fund
TOTAL FUNDS		 Restricted
Endowment
funds
funds
£
£
-
-
-
-
-
-
-
-
-
-
Net
movement
At 1.4.24
in funds
£
£
(6,939)
(26,926)
135,786
-
128,847
(26,926)		 31.3.25
Total
funds
£
255
1,085
113,596
(13,015)
101,921
Transfers
between
funds
£
135,786
(135,786)
-		 31.3.24
Total
funds
£
769
1,139
135,255
(8,316
128,847
At
31.3.25
£
101,921
-
101,921

16. MOVEMENT IN FUNDS

continued...

Page 13

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
201,573
Restricted funds
Eco friendly lighting
1,000
TOTAL FUNDS
202,573
Comparatives for movement in funds
Net
movement
At 1.4.23
in funds
£
£
Unrestricted funds
General fund
64,246
(71,280)
Endowment funds
Manor House fund
135,786
95
TOTAL FUNDS
200,032
(71,185)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
82,603
Endowment funds
Manor House fund
95
TOTAL FUNDS
82,698		 Resources
Movement
expended
in funds
£
£
(228,499)
(26,926)
(1,000)
-
(229,499)
(26,926)
Transfers
between
At
funds
31.3.24
£
£
95
(6,939)
(95)
135,786
-
128,847
Resources
Movement
expended
in funds
£
£
(153,883)
(71,280)
-
95
(153,883)
(71,185)

continued...

Page 14

Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Endowment funds
Manor House fund
TOTAL FUNDS		 At 1.4.23
£
64,246
135,786
200,032		 Net
movement
in funds
£
(98,206)
95
(98,111)		 Transfers
between
funds
£
135,881
(135,881)
-		 At
31.3.25
£
101,921
-
101,921

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Eco friendly lighting
Endowment funds
Manor House fund
TOTAL FUNDS		 Incoming
resources
£
284,176
1,000
95
285,271		 Resources
Movement
expended
in funds
£
£
(382,382)
(98,206)
(1,000)
-
-
95
(383,382)
(98,111)		 Resources
Movement
expended
in funds
£
£
(382,382)
(98,206)
(1,000)
-
-
95
(383,382)
(98,111)
(98,111)

Unrestricted funds

This was cleared with a transfer from the Endowment funds 8th May 2024 when the Charity Commission agreed to the fund becoming unrestricted under s.282 of the Charities Act 2011.

Endowment funds - Manor House fund

There was a transfer of the full value of the endowment fund to the unrestricted fund following the Charity passing a special resolution 11th April 2024 that the Charity Commission authority be sought to dissolve the permanent endowment fund, allowing the funds to be utilised as unrestricted funds. A letter was received from the Charity Commission 8th May 2024 concurring with the trustees' resolution under S.282 of the Charities Act 2011.

Restricted funds - Eco lighting fund

A grant was received to make an area of lighting more eco friendly. The funds were spent on acquiring and the installation of more eco friendly lighting.

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Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

17. CONTINGENT LIABILITIES

In the opinion of the trustees of the charity at 31st March 2025 there were no contingent liabilities or contractual liabilities. It should be noted however that as a result of the sale of Sanderson House in October 2020 there may be a possibility that under the terms of the grant of £26,000 made in 2019 part or all of this may be subject to repayment to Stoke City Council at some time in the future.

18. RELATED PARTY DISCLOSURES

During the year there were purchases of £2,700 (2024 - £11,620) from a company that a trustee was a trustee of.

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Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
£ £ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 6,061 - - 6,061 1,385
Other grants - 1,000 - 1,000 -
6,061 1,000 - 7,061 1,385
Other trading activities
Fundraising events 2,306 - - 2,306 4,491
Charity shop income 4,303 - - 4,303 -
Room hire 33,043 - - 33,043 -
39,652 - - 39,652 4,491
Investment income
Endowment funds - dividends
received 31 - - 31 30
Endowment funds - increase/
(decrease) in market value of
investments (54) - - (54) 95
Deposit account interest 1,075 - - 1,075 1,644
1,052 - - 1,052 1,769
Charitable activities
Day care charges 95,700 - - 95,700 49,803
Catering income 42,152 - - 42,152 17,172
Coaching/training income 11,711 - - 11,711 -
Sundry income 775 - - 775 7,478
150,338 - - 150,338 74,453
Other income
Other income 4,470 - - 4,470 600
Total incoming resources 201,573 1,000 - 202,573 82,698
EXPENDITURE
Other trading activities
Wages 2,911 - - 2,911 2,627
Bad debts 750 - - 750 -
Other costs 1,827 - - 1,827 1,084
Fundraising expenses 1,410 - - 1,410 1,736
Carried forward 6,898 - - 6,898 5,447

This page does not form part of the statutory financial statements

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Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541

The Grocott Centre Limited

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
£ £ £ £ £
Other trading activities
Brought forward 6,898 - - 6,898 5,447
Depreciation of tangible fixed
assets 13 - - 13 13
6,911 - - 6,911 5,460
Charitable activities
Wages 131,680 - - 131,680 90,034
Social security 5,052 - - 5,052 2,514
Pensions 9,130 - - 9,130 9,716
Telephone 2,686 - - 2,686 1,425
Sundries 7,537 - - 7,537 2,885
Catering 20,616 - - 20,616 8,472
Activities 745 - - 745 3,136
Premises 24,997 - - 24,997 21,113
Printing, postage & stationery 506 - - 506 29
Transport, travel & subsistence 1,434 - - 1,434 1,929
Equipment hire, repairs &
renewals 1,644 1,000 - 2,644 376
Training and other employee
costs 1,260 - - 1,260 1,376
Legal & professional 10,661 - - 10,661 3,065
Bad debts 513 - - 513 75
Proportion of other costs
allocated to Other Trading
Activities (1,827) - - (1,827) (1,084)
Proportion of other costs
allocated to Governance costs (1,827) - - (1,827) (1,084)
Depreciation of tangible fixed
assets 488 - - 488 488
215,295 1,000 - 216,295 144,465
Support costs
Governance costs
Wages 4,453 - - 4,453 2,627
Other costs 1,827 - - 1,827 1,084
Bank charges - - - - 234
Depreciation of tangible fixed
assets 13 - - 13 13
6,293 - - 6,293 3,958
Total resources expended 228,499 1,000 - 229,499 153,883
Net expenditure (26,926) - - (26,926) (71,185)

This page does not form part of the statutory financial statements

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Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541