**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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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.
Page 15
continued...
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.
Page 16
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
Page 17
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
Page 18
Document ID: 6f9a4223-8541-494a-8357-bdd6830dd541