Company Registration number 7798716 Charity Registration No 1144518 TheKenilworthCentre Directorsrrrustees. Report and Unaudited Accounts For the year ended 31 March 2024
TheKenilivorthCentre Financial slatements for the ear ended 31 Mareh 2024 Contents Pages Direclorsrrrustees. officers and advisers DirectorstTrustees' report Ind¢pendent Examiner's Rcport Statement of Financial Activities Balance sh¢et Notes to the financial slatem¢nts 10-17
TheKenilworthCentre Directors, officers and advisers COMPANY DETAILS Registered No:7798716 Ineoryorated S" October 2011 CHARITY DETAILS Registration No. 1144518 Registered as a eharity under the Charities Act on 3rf November 2011 DIRECTORS AND TRUSTEES Ms A. Brougham (Chair) Mr M. Anderson Mr N. Briggs Mrs E. Broivne (Commenced May 2024) Mr N. Cadd Mr S. Conner Ms. R Graham Mr G. Leach (resigned April 2024) Mrs S. V. Meir Mrs R. E. Johnson REGISTERED OFFICE The Kenilworth Centre, Abbey End Car Park, Abbe) End. Kenilworth, Wanvickshire, CV8 IQJ. INDEPENDENT EXAMINERS Bernard Rogers & Co Bank Gallery High St Kenilm'orth CV8 ILY BANKER CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ.
TheKenilworthCentre Dire¢torsrrrustees' Report for the year ended 31 March 2024 The Directorsrfruslecs present their r¢port and accounts for the year ¢nded 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the Charity's Memorandum and Articles of Associalion, the Companies Act 2006 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - {Chariti¢s SOIiP {FRS 102)). Structure, Governance and Management The Company was incorporated on 5 October 2011 and is limited by Guarantee. It was registered as a charity und¢r the Charities Act on 3 NoveMr 2011 and operates as theKcnilworthCentre or tKC. The members of the company, who are also Trustees and Directors for the purpose of company law, each guarantee to contribute £ l O in Ihc ¢v¢nt of a winding up. DirectorslTrustees arc recruited from the local community by invitalion where a particular skill need has been idenlified by the Board. A minimum of three Directorsrfrustees is required. The Directorsrrrustees who served during the year are listed on page l. Five Directorsftrustees Meetings were held during the period covered by these accounts where the general business of the chariiy was conducted. Scheduled m¢clings are held on an approximately quarterly basis ongoing. All Directorsrrrustees are aware of the need to declare any potential conflicts of interest and appropriate action.is taken and records made. In addition to forn]al meetings. business is conducted in inforn]al committees and meetings which may conlain both Directorsftrustees and non- Directorsrtruste¢s. and by means of electronic fornis of communicalion. During the period day to day managemenl responsibility was delegated to the joini Centr¢ Managers who reported to ihe Chair of tlie Board of Directors/Trust¢¢s. All Ihe Dir¢ctorsrrrustees give their time voluntarily and do not rcccive any benefits from the charity for acting in this capacity. Other than what they would be entitled to as meiiibers of the local conllnunity. Objectives and activities TheKenilworthCentre is a non-profil making organisation whose principal objective is to provide activities and facilities for all residents of K¢nilworth and its suffounding areas, with a particular emphasis on provision for young people. to help them develop their capabilities and grow as individuals and members of the community, and which enrich community life within the town. This is achieved primarily, but not exclusively. by establishing, maintaining and managing a community centre for such activities. TheKenilworthCentre occupies the premises of the Kenilworth Youth and Community Centre under fifteen year lease agreement with Warwickshire County Council which runs until l April 2027 at a peppercorn rent. Achievement and Performance Cor¢ to theKenilworthC¢ntre's provision is youth activities, which are funded through a range of grants, sponsorships and voluntary contributions. Youth clubs for Juniors (school years 5 - 8) and Seniors (School years 8 +) run every Friday nighi during tern) lime (6pni- 9pm) - with an average attcndancc of approximately 60 young people from kenilworth and further afield. This provision is staffed by qualified youth workcrs and delivers an inforn]al curriculum to ¢nagege young pcople in safe behaviours. Targeted youth provision around courses to develop social and cmployability skills are also provided on a Wcdnesday evening during tern] time - courses includ¢ Arts and Wcll-b¢ing, babysitting skills, and first aid. In partnership with a local gym the youth club funds young people to attcnd taster courses in kick-boxing on Monday evenings. Youth workers also provide 10 hours of mentoring at Kenilworth School during the school day. Finally, we fund professional youth counselling on a one-to- on¢ r¢f¢rral basis for local young people. TheKenilworthCentre is a key part of Kenilworth's community and is used on a regular basis by more than 50 third paty providers. This enables a wide range of leisure, learning, health and well-being
TheKenilworthCentre Directorsryrustees. Report for the year ended 31 March 2024 activities and support services to be offered. These include, but are not limited to, pre-school music, children's and adults dance and other physical activity classes. support groups for families. elderly and disabled people, craft activities and banking s¢rvices. It is used as a meeting place for many community groups, local businesses and statutory authorities and charities many of which serve the most vulnerable nieinbers of the local community. TheKenilworthCentre is also used as a venue for private events and in a typical week it is estimated that at least 750 different people will lake part in activities at the Centre. On an ongoing basis theKenilworthCenlre continues to look for opportunities to introduce, extend and enhance services which may be of interest to local residents. compl¢m¢nting other provision within the town. This is especially important to support vulnerable or isolaled local residents and given the growing population of the town. TheKenilworthCentre is home also to Radio Abbey, Kenilworth's community radio station, which broadcasts a variety of music and spoken word programmes 2417 online. R¢¢¢nt developments have included the development and launch of a podcast studio and support to local groups to record and produce their own recordings. Staff from theKenilworthCentre also engage in activities away from the Centr¢ building, often in partnership with other community groups, Kenilworth School and public s(0 organisations, that help achieve the charity's objectives. The aspirational values which underpin the perfonnance. as distinct to the achievements, of theKenilworthCentre and which, it is hoped. manifesl themselves in the lived expertence of anyone who comes into contact with theKenilworthCentre, are that we seek always lo be encouraging, engaging and outward-looking in all that we do. Over the last year, the Cost Of Living crisis has been observed to cause significant impact on the local community and theKenilworthCentre itself. The rise in energy costs is having an impact on our running costs as well as timpacting on the attendance of some of our user groups as people make cut back in their outgoRngs. th¢KenilworthCentr¢ is working toward creating further sustainable incomes by improving one off usage for events. The staffing structurc comprises a part-time team running the day-to-day operatioii of the building and finances, and a part-time team running the youth work, M'ith all management oversight being perfornied by Centre Management alongside the Trustees. The Centre's partnership with Compassionate KenilTh'orth The Kenilworth continues to foster a partn¢rhip with Compassionale Kenlworth (previously COVID-19 Support Group). This diversivies the Cenlre's role in delii'ering support for isolated people. those struggling financially and families tn the community. TheKenilworthCentr¢'s joint Centre Managers consistently work to raise the profile of the centre and offer a range of supporting activities for the community including: Board Game Hub, Dinner & Music Sunday's, Family Cinema, Rain & Shine Slay and Play and Community Pop-up Cafcs. Financial Review Bankin The bank accounts of theKcnilworthCentre are held with CAF Bank (Charities Aid Foundation). Funds surplus to immediate r¢quiremcnts are reviewed and placed on deposit in an interest earning deposit account which yielded bank interest of £883 during the year. At 31 March 2024 in excess of £56,000 was held on deposit, of which £33,460 related to restricted funds and £14,478 to specific provisions. One signatory is required to effect any banking transaction. Income Th¢K¢nilworthCentre typically h&8 three principal income streams, th¢s¢ being lettings income from hire of moms in the C¢nlr¢ to third party organisations. gifts and donalions from individuals and organi5ations, and grant awards. Included in lettings income are licence fees for non-exclusive occupation of the ground floor of ihe C¢ntr¢ from ILEAP. a local charity whose obj¢ctives are to
TheKenilworthCentre Directorsryrustees, Report for the year ended 31 March 2024 promote independence and learning for children, young peopl¢ and adults with mild to mod¢ratc learning difficulties through inclusive leisure activities. Gifts and donations from organisations and individuals continue to provide an important source of support. TheKenilworthCentre benefitted from generous donations from Kenilworth Town Council, Perforated and Stamped Products Ltd.. Kenilworth Rotary Club. Kenilworth Lions Club, Kenilworth Chambers, Kenilworth's WCC county councillors. Their generosity is much appreciated. Granl income during thc year included funding to cover core costs for the running of the centre from Kenilworth Town Council £9,000 and from Kenilworth United Charities to support and continue theKenilworthCentre's ¢mb¢dd¢d mentoring and advice for young people within Kenilworth School. From April 2024 onwards for a 3 year period Kenilworth Town Council has confirmed il will continue to support core costs at the centre £75,000 over 3 years. Throughout the year there were also a number of other smaller donations. enditure Tolal expenditure during ihc period was £150,396 of which £107.275 related to operational management of the charity's activities and proi'ision of Centre facilities including associated staff costs. Looking forward to 2024125 The Trustees continue to focus of the costs of IivjDg crisis. keeping and eye on energy pricing and making plans as necessary. Notwithstanding the above. the Trustees have set several key objectives for the Kenilworth Centre in 2023124 which, amongst others, include continuing: l) to implement and re-define the strategic review and implement a five-year plan. 2) to grow the usage of the Centre and the breadth of activities that take place at it. including a wider focus on Youth Activities and 'Paths to Work. Tackling food poverty and financial crisis in the town. 3) to further increase partnerships in the town with local businesss to gain support and to support them and the growth of the town. 4) review HR processes to ensure the small team is supported and valued and to find ncw ways to ensure that the work of all staff, volunteers, Trustecs and users of the Kenilworth Centre mccts the highest possible operating standards for a charity of our size and nature of activities consistent with our values. and 5) to appoint new Trustees. The DirectorslTrustees will report back on progress towards these objectives in 2024. Policy on Reserves It is the policy of th¢K¢nilworthC¢ntre to retain general funds to cover working capital requirements and finance expenditUTe for at least six months. The curreni level of general reserves of £21,061 less specific provisions £14.478 is less than one month of typical expenditure. Restricted Funds will be used appropriately for identified causes. The DirectorslTrustees are llot aware of any actual or contingent liabilities for which provision has not been made and no major risks have been identified to which the Company is exposed. Risk Management The Board of DirectorslTruslees actively reviews the major risks which the Conipany fa¢¢s on a regular basis and believes that the reserves maintained will provide sufficient resources in the event of advcrsc conditions. Internal control risks are minimised by the implemcntalion of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of
TheKenilivorthCentre Dlrectorsrrrustee5' Report for the year ended 31 Mareh 2024 staff, volunteers, clients and visitors to the centre and with protection of children. Insurance is purchased to indemnify th¢ Directorsrrrnstees and officers and io protect the charity from losses which may arise from neglecl or default, subject to nornial exclusions. Mrs Amanda Brougharn Chair of Truslees
THEKENILWORTHCENTRE Inde endent Examiner's Re ort for the ear ended 31 March 2024 I report on the accounts of the Charity for the year ended 31 March 2024 which are sel out on pages 6 to 14. Respective responsibilities of DirectorstTrustees and examiner The trustees (who are also the directors of the company for the purposes of company law) ar¢ responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under se¢lion 144 of the Charities Act 2011 (the ChaTities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and lo state whether particular matters have come to my attention. Basis of independent examiner's statement My examination was carried out in accordance with general Directions given by the Charily Commission. An examination includes a review of th¢ accounting records kept by the charity and a comparison of the account5 Presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undenakcn do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'trne and fair. view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection wilh my examination, no matter has come lo my attention to indicate that.. accounting records have not been kept in accordance with section 386 of the Companies Act 2006. the accounts do not accord with such records: where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are nol consistent with the Charities SORP (FRSI 02) any matter which the examiner believes should be drawn to the an¢ntion of th¢ reader to gain a proper understanding of the accounts. David Rogers Bemard Rogers & Co Bank Gallery High St Kenilworth CV8 ILY. 36.f_29
THEKENILWORTHCENTRE Statement of financial activities includin income and ex enditure account Year ended 31 March 2024 Notes Unrestricted Restricted Total Total Funds fimds 2023-24 2022-23 Income Donations Charitable Activities Other Trading Activities Interest Income 13.218 96.576 85 467 13.685 140,188 3,448 883 6,482 107.276 351 43.612 3.363 883 459 Gross Income in the Reporting Period 110,762 47,442 158,204 114,568 Expenditure Raising Funds Charitable Aclivities Depreciation of Fixed Assets Penalties & Settlements 107,275 2,907 43.121 150,396 2,907 137,002 2,105 375 Total Expenditure for the Reporting Period 110,182 43,121 153,303 139,482 Net Income (Expenditure) for the Financial Year 580 4.321 705 4.901 (24,914) Transfers Belween Funds (705) Net movement in funds (125) 5,026 4,901 (24.914) Reconciliation of Funds Fund balances al l April 2023 Fund balallces at 31 March 2024 21,186 21,061 28,434 33,460 49.620 54,521 74,534 49,620 The notes on pages 9 10 14 fonn part of these financial statements.
THEKENILWORTHCENTRE Balance sheet at 31 March 2024 Notes 2024 2023 Fixed assets Tangible assets 8,346 5,146 Current assets Debtors and Prepayments Cash ai bank and in hand 9.406 56.708 5.275 62,339 66,114 (19.939) 67,614 {23.140) Creditors: amounts falling duc within one year Net current assets 46,175 44,474 Total assets less current liabilities 54,521 49,620 Income Funds Unrestricted ndS Restricted ndS 21,061 33,460 21.186 28,434 12 54,521 49,620 These accounts have been prepared in accordance with the provisions available to companies subject to the small companies, regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)). For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 Companies Acl 2006. No member of the company has deposited a notice. pursuant to s¢clion 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006. The Directorsftrustees acknowledge their responsibilities for ensuring thal the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which givc a Irue and fair view of the slate of affairs of the company as at Ihe end of the financial ycar and if ils profit or loss for the financial year in accordance with the requircmcnts of sections 394 and 395 and which othenvise comply with the rcquirements of the Companies Act 2006 relating to accounts, so fai as applicable to the company. io
THEKENILWORTHCENTRE Balance sheet at 31 March 2024 Approved by the Board of Directors on ......................... and Sign on its behalf. Mrs Amanda Brougham- Chair of the Board of Directors Company Registration No: 7798716 The notes on pages l O to 17 forni pan of these financial statements.
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 l Accounting policies a) Basis of aecounting The financial statements are prepared on the historical cost basis and have been prepared in accordance with Accounting and Reporting by Chariti¢s= Siatement of Recomniended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effectÉve l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The company has taken advantage of the exemption from presenting a cash flow statement as it qualifies as a small company. b) Recognition of Income All income is accounted foi in the year to which they relate on a receivable basis and allocated to the appropriate category. Donated goods, facililies and services are recognised as income when entitlement to the donation has passed to the charity,. when there is ccrtainty of receipt, and where the value of the donation can be fairly valued. Donatcd goods are recognised al their fair value. Donated facilities and services are valued at the cost of purchasing them on the open market. c) Recognition of Expenditure All expenditure, other than that which is capitalised. is included in Ihc Statenient of Financial Activities. The expenditure is accounted for on an accruals basis and is allocated to the activity to which it relalcs. Fundraising costs comprise those costs directly attributable to fundraising activities. Charitable expenditure con]prises those costs directly attributable to charitable activities and includes the running costs of the Kenilworth Centre as a managed leisure facility. CJovernance costs coniprise the costs which are directly atlributable to the management of the charity's assets, organisational procedures and the necessary legal procedures for compliance with statutory requirements. d) Depreciation of tangible fixed assets Purchased or donated assets with a value greater than £500 are capitalised and depreciated at rates calculated to write off th¢ cost less estimated residual value of each assel over its expected useful life. Fixtures and fillings 20 /0 straight line Furniture, Equipment and Computers 33V/o straight line Leasehold improvements 200/0 Straight line e) Financial Assets and Financial Liabilities Cuent Assets and Current Liabiliti¢s arising from contractual obligations are carried in the Balance Sheet at the cash amount or equivalent consideration expected lo be received OT paid in their scttlement. fj Provisions Provisions are measured at the besl ¢stimate of the settlement amount al the Balance Sheet dale.. g) Accumulated funds Unrestricted funds are available for use at the discretion of the Directorsrfrustees in furtherance of the general objectives of the charity. R¢stricted funds are subjected to restrictions on their ¢xp¢nditure imposed by the donor. h) Retirement benefits 12
THEKENILWORTHCENTRE Notes to the financial statements for the ear ended 31 March 2024 Payments to defined contribution retirement benefit schemes are Charged an expense as they fall due. Unrestricted Restricted Total Total Funds funds 2023-24 2022-23 2 Income Donations Donations for non-tKC activities General Grants Gifts-in-Kind 13.218 467 13.685 5.387 1,095 13,218 467 13.685 6,482 3 In¢ome from Charitable Activities Unrestricted Restricted Funds Funds Total Total 2023-24 2022-23 L¢ttings and Licence Fees Grants and Awards Subscription and Attendance fees Contract for Provision of Youth Services Other 72,625 21.492 72,625 59,407 2.598 72,682 29,022 1,558 37,915 2.598 2.459 3.099 5,558 4,014 96,576 43,612 140,188 107,276 4 Income Activities from Other Trading Unreslricled Restricted Funds Funds Total Total 2023-24 2022-23 Fundraising Events Business Sponsorship Contract for Provision of Admin Support 85 3.363 3,448 351 85 3,363 3,448 351 13
THEKENILWORTHCENTRE Notes to the financial statements for the ear ended 31 Mareh 2024 14
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 S Cost of Providing Contracts Unrestricted Funds Restricted Funds Tolal 2023-24 Centre Runnin Costs Direct Letting Costs Staff and Staff-related Costs Property and Equipment Costs Administrative Costs 63.442 34,991 8,012 29.340 92,782 34.991 8,012 106,445 29,340 135,785 Costs of Providing Contracts Youth Activities Radio Abbey P&G Projects Governance Costs Asylum Seekers Inclusive Projects 4,761 3,390 1,705 4,761 3,390 1.705 830 2,042 1,883 830 2.042 ,883 107,275 43,121 150,396 Includcd in Governance costs ar¢ £800 payable to the Independent Examiner for finalising and examining the annual statutory accounts. 6 Staff Emoluments Is
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 Expenditure on staff costs during the year was: Admintstration Youth and Communil Pro Total 2023-24 Mana ement Caretakin Salaries and Wages Employers National Insurance Employer's Pension 52,971 4,598 14,992 72,561 1,919 286 2,205 54,890 4,598 15,278 74,766 Freelance Contractors Additionally Funded hours Redundancy cost Staff Refreshment and welfare 6,910 2.187 4,760 1,964 9,097 4.760 2,740 1,419 776 1.419 56,309 12,284 24,189 92,782 Average Headcount Full Time Part Time Full-time Equivalent Hcadcount None of the Directorsrrrustees has been paid any remuneration or received any other benefits from an employment with the charity or a related entity. 16
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 7 Tangible fixed assets Fixtures and Fittin l£asehold roi'ements Furniture Com uters ui Total Cost: At l April 2023 Addilions Disposals 12,934 5,000 12,936 9,083 3.033 530 1,108 38.516 6,108 At 31 Mar 2024 17,934 12.936 9.083 3,033 1,638 44,624 Depreciation: At l April 2023 Provision for the y¢ar Disposals 12,598 1.335 12.936 5.781 826 1,525 377 530 369 33,370 2,907 At 31 Mar 2024 13,933 12.936 6,607 1,902 899 36,277 Net value: At l April 2023 book 336 3,302 1.508 5,146 At 31 Mar 2024 4,001 2.476 1,131 738 8,346 8 Debtors 2024 2023 Lettings incorne receivable Other income receivable Prepaym¢nts 6,234 135 3,037 3,3,3WW 2, 9.406 3,585 135 1,555 5,275 9 Creditors: amounts falling due within one year 2024 2023 Trade Creditors 2,779 7,283 15,857 Provisions and Accruals 17,160 19,939 23,140 17
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 10 Provisions The Directorsrrrustees have deemed it prudent to provide the cosl of replacement equipment for the front door replacement and for healing and ventilation including a new hot water boiler. Provision for the front door replacement Provision at l April 2023 Charge in Year 2.464 536 Provision at 31 March 2024 3,000 Provision for heating and ventilation Provision at l April 2023 Charge in Year 700 (700) Provision at 31 March 2024 Provision for Opus- Gas provider Provision at l April 2023 Charge in Year 7.478 Provision at 31 March 2024 7,478 Provision for the Fencing Provision at l April 2023 Charge tn Year 2,500 Provision at 31 March 2024 2,500 Provision for the Flooring. court cage, main roof, lift and fire doors Provision at l April 2023 Charge in Year 1.500 Provision at 31 March 2024 1,500 18
THEKENILWORTHCENTRE Notes to the financial statements for the 'ear ended 31 March 2024 I I Summary of Funds Movements The income funds of the charity include unrestricted general funds. an unrestricted designated nd covering building dilapidations and equipment replacement, an unrestricted designated fund for unfunded development work. and restricted funds comprising the unexpended balances of donations and grants held on trust for specific PUTPOSeS. Fund Balances Income enditure Transfers Fund Balances c/f blf Unrestricted Funds: General Designated - Dilapidations Designated - Development ,186 10.000 10.000 110,762 110,887 1,061 i 0,000 i 0,000 Total Unrestricled Funds 21.186 110.762 110.887 21,061 Restricted Youthclub Pro Transition Funds Inclusive Projects Asylum Seekers Pop up Cafe Warn] Hub Projects P&G general Developmeni Project Community Garden Project Slowcooking Rain or Shine Cinema Radio Abbey Building Project Youthwork general Arts and Wellbeing Project Detached Work Babysitting Project Boxing Project Mentoring Project Kickboxing Project The Maxted course Project Wellbeing Hub Yoga Course Project Youlhclub Friday Pathway to work ects= (19) 304 3,173 2,892 2.807 3,998 4,092 412 2,042 1,352 1,876 404 7,315 773 2,742 1,154 ,013 557 3,688 5,185 {79) 442 2,832 3,795 1,267 3,795 12,5(10 (93) (185) {275) 787 (185) (523) (322) 3,600 4,074 6,099 990 46 10,394 738 368 6,382 500 2.620 4,074 6.099 3.032 9.645 932 9.645 311 621 (1,642) (1,642) 690 198 8.280 1.014 500 453 237 198 499 4.530 1.278 3,251 {264) 500 (18) (113) 601 2,159 27 95 (448) 153 2.772 1,395 613 1,368 Total Restricted Funds 28,434 54.758 31,218 18.514 33,460 19
THEKENILWORTHCENTRE Notes to the financial statements for the 'e2r ended 31 March 2024 Total Restricted Funds 12 Analysis of net assets between funds Fund balances at 31 March 2024 are represenlcd by: Unrestricted funds Restricted Funds Total 2024 Tangible fixed assets Current assets Creditors: amounts falling due within one year 8,346 32,654 (19.939) 8,346 66,114 (19,939) 33.460 21,061 33.460 54,521 211