REGISTERED COMPANY NUMBER: 06507894 (England aDd Wal¢s) REGISTERED CHARITY NUMBER: 1146714 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE HINGE CENTRE LIMITED Lloyd Dowson Limited Medina House 2 Station Avenue Brid]ington E&st YoA15hirc Y016 4LZ
THE HIIYGE CEIYTRE LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of tbe Trustees llldependeDt Examlner's Report Slatement of Fingn¢ial Activitses Balance Sbeet 8 t() 9 Notes lo the Flnanclal Statejnents 10 to 27
THE HINGE CENTRE LIMITED (REGISTERED NUMBER: 067894) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The ttrust¢¢s who are also d•torS of the Charity for the pwposes of the Companies 2006, preseni their report with the financial slatem¢nls of the charity for th¢ year ¢nd¢d 31 De¢emb¢r 2024. Th¢ twst¢¢s hav¢ adopt¢d the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing th¢iT accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {¢fftiv¢ l January 20191. OKIECTTVES AND A[VITIEs Objectives aDd aims The coMpanS aims and ObJtIveS are to: Alleviate the distr&ss of identS and young people who present themselves in crisis. To promote physical and mental health of residents and young people through ongoing support within the To work in partn¢rship with residents and young people anpowering them to forniulate ]tive life choices" To work in partnership with other agencies that Impact upon residents and young people's Ilves. Advan¢¢ ¢ducalioD: Preserve and protect good health. Relieve poverty, sickness and the distress arlsing therefrom; and Promote any other charitable pwposes for the benefit of people in the Bridlington and Ial are PRINCIPLE FUNDING SOURCES The primary fundin8 for projects, staffmg and ovwheads in 2024 is &$ follows: National Lottery Community Foundation- Cornmw]ity Together. East Coast Community Foundation- Youth Inclusion. Nationwide Building Society- Resettlement. H¢nry Smith Foundation- Resettlement; CHCP- Women's Well-being Arnbassador Tudor Tnt- Inclusion. 8J)d Fraisthorye Wind Fann- Cross Proj¢. Additionally, wts were received from Smile Foundatio Do it for East Yorkshire (DIFEY). Half-l¢m] Activity Fund IHAF), Liz and Teny Bramall, NatW£st. PAG. Stadium TrSt, Tesco (groundworks). Public benefit The ttvsl¢es ¢onfirn] that they have cornplied with the duty of the Charities Act 2011 to have due regard to the Charity Commission's gener guidance on public benefit"ClthrAties and Public Benefit.. The Hinge Centre Lin]ited continues to provide a number of sessions that bTll residents and young pwle tog¢ther and promotes a greater sense of community spirit and engagement, as well as breaking down the barriers of dIriMInatiO We hold a number of commw?ity .UpS, a Community focKI s¢or¢, community drop in's, employment skills trainin& benefits assistanc¢ and support, aesS to further trdinin& r¢glllar Cornmty events which hav¢ includd a Halloween Party. East¢r Fayr¢, Summer Fayre, annual charity fundraising events, resettlem¢nt referrals And assessments. agency refea]s, WO placement support for college students and volunteer recruitment. We have an open door policy with immediat¢ support for anyone who presents themselves at any time, with any issue. We have a requirem¢nl from our k¢y fimders to delivLY a rang¢ of oul¢om¢s to addr¢ss the ¢urr¢nt ar of pov¢ty in line with the In(fices of Deprivation 2019 surnm. Page I
THE HINGE CEwfRE LIMrrED (REGISTERED NUMBER: 06507894) REPORT OF THE TRUSTEES FOR THE YEAR EI4JDED 31 DECEMBER 2024 ACHIEVEMEIYT Al PERFORMANCE Charitable xtiviti Community 2024 was another busy year for the Hinge Centre. We continued to our community groups such as The Budget Cooking Class., 'M¢n's Meet and Eat,, The Hinge Drama Group,, 'Healthy Minds, and Craft for Health,. all of which were aimed at bringing peopl¢ tog¢th¢r, r¢du¢ing isolation. improving existing skills, PToviding new skills and ¢mpow&ing people to make healthy thoic¢s. We continued lo off¢r a weekly COMMlty drop-in session (Warni Welcome) and digital drop-in session as well as the offer of online courses includiJ)8 fTh)d hygiene and health and safety at work. We provided 305 community groups that supported 295 individual peopl Dwing 2024, our community project received 335 referrals for benefit and welfare support. 844 one to one appointments took place within this project. The Hinge Centre's group a¢livities airned at improving skills and prospects were attended 1,118 times by 69 individuals. These sessions includ¢d ¢mployability support, p¢rsonal d¢v¢lopment and independent living skills. During 2024 these grouplone to one sessions were delivered face to face at Th¢ Hinge Centre and out in the commwiity. 41 individuals have volunteered with The Hinge Centre includitig helping with the d¢liv¢ring of newsletters and supporting community evellts such as fayres, coffee mornings and stalls, as well as reception duty and offering support within conununity groups. In addition, we provided placement oppoitiiillties for 5 students. In 2024 we held a numbu of conmwrrity ¢v¢nls, both lo bring the wmmunity together and to fifftdrnise for the charity. Th¢s¢ ¢vents included an Easter. Summ¢r and christm fayr¢ whith saw 706 attendance5. In 2024, 384 individuals with p(Kyr mental health, 177 individuals with a physi¢al disability, 149 homele8s individuals, 60 indivftduals that were at risk of becoming homeless, 58 individuals who had b¢en involved in ciiminal activity in the last 12 months and 13 individuals with substance misuse issues accessed The Hinge Centre for support. 762 food parcels were handed out to the loul Community. These supported 861 adults and 458 children. 99 pu)ple have been Supported with clairning for w¢lfar¢ assistan¢¢ in relation lo r¢ttleMent, debi managem¢nt, white goods andlor fuel which totslled £16,401 within this reporting period. These fimds were 5e¢ur¢d through ¢xl¢rnal fithding sources and were used to direet]y pay funds to landlords, debt companies. utility ¢ompanies, council housing or tax department& as well as to purchaselorge and smaller white goods. Chlldren & Young People Our after school and holiday clubs continued to take place in 2024. Within this project w¢ off¢r¢d a wid¢ range of after school activities for ¢hil(tren and young pg)plc including: Little Chefs, Tea @ The Hinge. Discovery C]ub, Fun and Games and Cr¢ativ¢ kids. Additionally, duTing the school holidays we were able to offer sessions including Paws4minds. cook stars, board game café, gardening, food explorers. art expli)rers. Trips in¢lud¢d Hull museum& Pinewwds. MKM Stadium. Stoekeld Park. Scarborough. S•verby Park and Playdal¢ Farm. The sessions focused on bringing children together, building confidence, providing positive role models and new experiences. We rdn 152 after school sessions, 37 Us Girls sessions and 29 holiday activitietrIpS which had 1.460 attendances. Th¢s¢ sessions took place both al The Hinge Centre and out in the local community. Th¢ Ghildren attending are aged betwe 5 and 16 and ¢ome from a vari¢ty of schools and areas of th¢ town. Resettlement Projeet The ttl¢ment project supports homeless individuals or thos¢ al risk of hom¢lessn¢ss to firstly identify their individual ne¢ds. then put together M holisti¢ support pa¢kag¢ wvering a rang¢ of personal life skills and personal development with ongoing support in order for them to access supported independent tenancies which they can maintain. W¢ also provide help at a critical moinent, providing support to meet immediate needs such food, sleeping bags, flasks and mobile phon&q. Within this reporting 193 individuals hav¢ be¢n referred for resettlement support. This projecl worked successfully, face to face with 100 of these indiNryduals. 47 of the individuals wer¢ supported to move into privately rented properties, hostels or supported living and 15 returned to ftimily or remaineAI in C1 accommodation. Page 2
THE HINGE CENTRE LIMITED IREGISTERED NUMBER: 06507894) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Each of the indlviduals ceSSing for resettlement support receive a 11 initial assessment and a tailored support plan is developed with them. The initial assessmenL as well as to record basic infonnation such as name, dale of birth and medical infom)ation, allows US to ensure they have the inwme in pla¢e. An additional part of this package is to identify suitable, sustainabl¢ and affordablc a¢c4)mmodation r¢l¢vant to their sp¢¢ific needs and budget. FINANCIAL REVIEW Flnanclal revkw The result for th¢ yw was an overall sU]uS of £92,503 (2023 . £44,592). R¢strict¢d ftjnds increased by £25.569 (2023 £3,202). unrestri¢t¢d funds in¢r¢as¢d by £66.934 (2023 .. £41,390} during th¢ year. Th¢ ¢haTity has been actively 8¢eking grant fimding duTing the year. The charity holds £220,000 of unrestricted fLmds in & bank deposit accounl with the specifie pUoSe of 8uring their own pemwient premises, when fiu]ds permit. Thts will sav¢ the charity rental costs enabling the charity to fillther their main aims to help the local community. FUTURE DEVELOPMENTS In line with th¢ Charity's ain and objectives, we will continu¢ lo identify areas of need within the locality of Bridlington and the surrounding areas and respond to bod4 wilh ind¢p¢nd¢nt proi¢ct ¢valuatiim and conuDunity consultations. Working groups have been set up to achieve wider c4)nsultstion. The Gharity will ¢ontinu¢ to WOTk to identify and secure funding from a variety of sources to fund projects, core costs and to lltch fjJnd cutrent bids. Fundraising will continue to play a key role in 2025 and ow in-house staff will work hard to increase fimding efforts to bring in vital unrestricted funds for the charity and a dedi¢at¢d ¢onsultant will on restrict applications. W¢ will be placing greater emphasis on raising UDr¢striotI funds. Raising the profil¢ of Th¢ Hing¢ Centre Charity will continue to plAy a part of th¢ ¢harities aims in 2025. Reloved, our hlty shop, opened in July 2023 and helps with rnising the profile as well as Taising fimd8 for the charity and giving voluntary work activities for some of our service users. The shop's trade, assets and liabilities were bived up into the charity on 30 April 2025. The subsidiary company will be stwck off, post yeor en The Trustees complete an annuaj skills and strengths analysis which allows us to rOgnise growth and id¢ntify gaps. in order lo seek out new members who bring thos¢ skills. We hav¢ an ¢x¢¢ll¢nt staff team who c&n adapi to changing needs in the community. Th¢y enhance their skills with trdiniDg atkd ¢xp¢riential leamin& and thereeore are in a g(K)d position to pass that knowledge on to organisations. both ststutory and ChItable. We are also considering our and the suitability of our ¢wr¢nt accommodation. Having a base close to th¢ c¢ntre of has had advantages, but we also need a¢¢¢ss points for s¢rvice uws that ar¢ ¢los¢ to wher¢ th¢y liv¢. Work on this will continue during 2025, especially Working with th¢ council, the NHS and IAh¢r voluntary groups. STRUCTURE, GOVERNANCE AND IVIANAGEMENT Governing document The organisation is a registered charity and company limited by guarantee and is governed by its constitution which WAS adopted on 9th July 1997, as amended on 22nd January 1999, 21st May 212 and Isth June 2008. tog¢iher with its M¢morandum and Articles of Association adopted on 18th February 2008. Page 3
THE HINGE CENTRE LIMITED IREGISTERED NUMBER: 06507894) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment And appointmettt of lleiv trnstees The directors of the Company are also tnle¢S for the purposes of charity law and, under the company's articles for the purpose of company law, arc known as rncmbcTS of the Charity Board Under the rCquirCellts. of the chatity's Memorandum and Articles all directors must retire after serving a tern) of tlwee years, after which they can be rc-clccted at the next Annual General Meeling. Directors can only setve for a maximum of four terns. The Board seeks to engure that the needs of this gToup are appropriately reflected through the diversity of the chgsitablc company. Therefore as part of the recruitment of directors the company promotes the need for knowledge and experience to assist the charitable company. In order to promote a broad mix. membcTS of ihc BoaTd are requested to provide a list oftheir skills (and updatc it each year if re*lected) and in the event of particular skills being lost due to retirements, individuals are approached to offer thcrllselves for election to the Board. Organfisadonal structure The Hinge has a Board of Directors of not l&qs than four members with a maximum of nine who meet quart¢rly and ore responsible for the strdtegic direction of the charitsble ¢ompany. At preseot the Board has memb¢rs from a variety of backgrounds relevant to th¢ work of the Charitabl¢ wmpany. Subsldlary Company In July 2023 the chlty ¢)pened it5 chwity shop. The shop is operated by a wholly owned subsidiary company. The Hinge Centr¢ Trading Limited, and all profits will be donated up into th¢ Charity. This don¢ to diversify tb¢ charity's fimding streams and it also helps raising the proflle as w¢ll as raising fijnds for the charity and giving voluntary work a¢tiviti¢s for som¢ of our smqce users. Th¢ trdding company has one share, owned by The Hinge Centre Limited, and three directors.. the Hinge C¢ntre's Chief Executive, The Hinge Centre's Treasurer and one independent directors. The shop bad a ll-tiMe manager with ttvo part-time deputy managers. All other staff are volunteers. The Hinge Centre Trading Limited is ¢UTrently a separate company to reduc¢ the financial risk to th¢ charity. It has been dlded by th¢ dir10T8 that, to stmplify adm]ntstrdtiO the trdding company will close thd Reloved be inc0rated into The Hinge Centre Limited. At the 30 April 2025 the assets and liabilities of the trading subsidiary were transferred up to the charity and the remaining outstanding loan was written off. Induction and trniDillg of new trustees Most directors arc alrcady familiaT with thc PTacticftl wo]k of the cllarity. Additionally, new dIr¢cto are invited and encourag to attend a series of short training sessions (of no moTe than an hour) to famiLiarise themselves with the charitablc company and the contcxt within which it operates. Tbese are joinily led by the Chair of the Board and the Sccrctary of the charitable company and ¢ov¢r. The obligations of Board members. The main documents which set out the operational framework for the charity including its Memorandum and Articles of Associatio Resourcing and thc cu¢1 financial position as set out ill thc lalest published accoullts,. and Future plans and objectives. Related parties No director has any related paty transactions associated with the organisation. Risk management Having entered into a lease with Smile, th¢ Charity now has suitable premises for its cumt and plaDn¢d se]ee5. Ivhilst this is currently a short terni leas¢ until De¢¢mber 2025, negotiations are tsking place with Smil¢ and Eagt Riding of Yorkshire Council in the h¢)pe that long¢r terni w¢ can secure suilabl¢ accommodation. Diversifying incorne is still an issue especially as funding streams are always on a short temi basis. Fundraising from the publi¢ and businesses through events, donations, etc has become a high prlority. Page 4
THE HINGE CENTRE LIMITED (REGISTERED NUMBER: 06507894) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company llumber 06507894 (England and Wales) Reglstertd Charlty number 1146714 Reglstered offlee Crown Community Centre Quay Road Bridlington East Yorkshire Y016 4HY Truste Mrs L Christian Mr N Watson Mrs J Evison Mrs K N Thomas (resigned 14.1.25) Mrs V Co]man (reSi¢d 14.1.25) Mrs H E Garnett Mr A Shepherd Miss R O'D¢an (r¢signed 29.8.24) Independent Examlner Lloyd Dowson Limited Medina House 2 Station Avenue Bridlington East Yorkshir¢ Y0164LZ B4Dker$ Virgtn Money 24 Huntriss Row Scarborough YOII 2EG 1010712025 Approved by order of theboard oftrustces on............................................. and SI1¢dOn its behalfby: N f bJ&fv. Mr N Watson- Trustee Page 5
INDEPEM)ENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HINGE CENTRE LIMITED IDd¢pendellt ¢xaminer'$ report to the trnstees of Tbe Hknge Centre Llmlted Cthe Compally,) I rq)ort lo th¢ cliaTity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responsibilities ond basis of report As the clwity's trnstees of the Company (and also its directors for the pury)oses of cotnpaDy law) you are responsiblc for the preparation ofthe acUnts in accordance with the requirements of the Compani&9 Act 2006 ('the 2006 Act.). Having satisfied rnyself that the accounts of the Company ar¢ not required lo be audited under Patt 16 of the 2006 Act and aTC cligible for indepcndcnt cxaminalion. I report in resped of my ¢XaMi]tion of your chaTity'5 accounts as Cled out under Section 145 of the Charitics Act 2011 (*he 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 A¢L Independent examlDer's stAtement Since your charlty's gross income exceeded £250.000 your examiner must be a rnember of a listed iK)dy. I can confirni that I am qualified to undertake the &xamination becaus¢ l am a member of th¢ Institut¢ of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I ¢onfinn that no matters have Come to my attention in connection with the examination giving me ¢ause lo believe: accounting Tccords were not kept in respect of the Company as requireA by Se£tion 386 of the 2(K)6 Act" or the accounts do not accord wtth those records. or the accounts do not comply with the accounting requirements of S¢ction 396 of the 2006 Act other than any rcquirement that tELC accounts givc a truc and fair view which is not a matter considered as part of 3n independent examinatio or the accounts have not been prepared in accordance with the methods and PTinciples of th¢ Statement of Recommended Practice for accounting and reporting by chatities (applicabl¢ to thariti¢s pr¢paring their a¢¢ounts in aOrdae with the Financial Reporting Standard applicable in the UK and Republic of Jreland (FRS 102}). I have no concern5 and have come across no other matt¢rs in conn¢¢tion with the examination to which attention should be drawn in this report in order to enable a proper und¢rstsnding of th¢ aOU¢S to b¢ reached. Tra¢y Meredith-Baker, FCA, FCCA Lloyd Dow50n Limitcd Medina House 2 Siation Avenue Bridlington East Yorkshire YO16 4LZ Page 6
THE HINGE CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Totil fund8 31.12.23 Total fimds Unrestricted funds Designated fimds Restricted fi]nds Nol¢s INCOME AND ENDOWMENTS FROM Donations and legacies 139,238 139238 104,893 Charitsble aetfvltles Grants 251 316247 316,498 296,692 Oth¢r trading activities Invcsknent income 36,828 6292 36,828 0292 34.274 2,148 Total 182,609 316247 49&856 438,007 EXPENDITURE ON Raising fimds 1&914 29237 4&151 46.310 Charitable activities Charitabl¢ activities 93,411 264,791 358,202 347.105 Total 112J25 294,028 406J53 393,415 NET INCOME 70,284 (6,617) 22,219 3J50 92J03 44,592 Transfers between funds 12 3267 Net movement ID funds 63,067 3367 25,569 9203 44.592 RECONCILIATION OF Fuf4DS Total fimds brought fonvard 334542 45,600 138593 518,735 474,143 TOTAL FUNDS CARIUED FORWARD 398209 4&867 164,162 611,238 518,735 The notes fonn part of these financial ststernents Page 7
THE HINGE CENTRE LIMITED (REGISTERED NUMBER: 06507894) BALANCE SHEET 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total fLmds Unrestricted fimds Designated fimds Restricted funds Notes FIXED ASSETS Investsnents CURRENT ASSETS Debtors Cash at bank and in hand io 6&492 341.166 6&492 715,622 43.220 620,387 48.867 32S589 409,658 48.867 325J89 784,114 663,607 CREDITORS Amounts falling dLTe within one year (11,449) (161,427) (172076) (144.873) NET CURRENf ASSETS 398209 4&867 164,162 611238 518,734 TOTAL ASSETS LESS CURRENT LIABILTfIES 39&209 4V67 164,162 611238 518.735 NET ASSETS 398,209 4&867 IfA,162 611238 518,735 12 Unr¢stricted fjjnds Restricted fimds 447,076 164,162 380,142 131S,593 TOTAL FUNDS 611,238 518.735 The charitsble company is enliiled lo exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required th¢ company lo obtain an audit of its financial statements for the year ended 31 D¢c¢nther 2024 in accordance with stI0Th 476 of the Companies A¢1 2(K)6. The tn]stees acknowledge their responsi11]t]eS for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing fulancial statements which give a trne and fair vlew of the state of affairs of the charitable ¢ompany as at the end of each financial year and of its su4)lus or deficit for each financial year in a¢o)rdaDc¢ with the requirements of Sections 394 and 395 and which otherwis¢ comply with the r¢quirem¢nls of the Companies Act 2(K)6 relating to financial statements, $0 far hs applicable to the tharitable company. (b) The notes fom part of these firicial statements Pagc 8 ¢ontinued...
THE HINGE CENTRE LIMITED IREGISTERED NUMBER: 06507894) BALANCE SHEET- ¢ondDued 31 DECEMBER 2024 Th¢s¢ fmancial statements have been prepared in accordance with thtt PTovisions applicable to charitable companies subjcct to thc small compallics rcgime. The financial statements were approved by th¢ Board of Trustees and aUthl$¢d for issue . and We signd its b¢halfby'. on N.fWkn. Mr N Watson- Tn]stee Hayley Gai"nett UI 15. 2025 16..27 GIffjT+ii Mrs H E Garnett- Trustee A SHEPHER) A SHEPHERD (Jul 14, 2025 14.'39 GMT+ii Mr A Shepherd- Tntee The notes fom part of these financial ststements Page 9
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basls of preparlng th¢ fin*llelal sthtsn)ents The fmancial statements of the charity, which is a publiG benefit ¢ntity und¢r FRS 102. have been prepared on the accruals basis in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charitics.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial RepoTting Standard appIlble in the UK and Republic of Ireland {FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicablc in thc UK and Republi of Ircland, and tbc ChaTitie5 Act 2011. Thc financial staÉcn]CDts hav£ been prepaTed unde¥ the historical cost convention. Going concern The financial statements have been prepared on the going concern basis of accounting. which assumcs that the charity is able to continue operating as a going concern. Preparation of consolidated financial ststements The financial statements contain infonnation alM)Ut The Hinge Centre Limited as an individual con)pany and do not contain ¢onsolidat¢d fjmancial inforn)ation as th¢ parent of a 0up. Th¢ tharity is ¢x¢mpt under Section 399(2A) of th¢ Cornpani¢s Ad 2006 from th¢ rwuir¢m¢ntS to pr¢par¢ consolidated financial statanents. In¢om¢ All in¢ome is r¢Gognis¢d in th¢ Siat¢m¢nt of Financial AGtivili¢s onG¢ th¢ ¢haTity has ¢ntitl¢menl to the filnds, it is probable that the income will be received and the amount be measured reliably. Expendlture Liabilities are reCOlsed as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a trdnsfer of economic benefits will be required in settlement and the amowit of the obligation can be measured reliably. Expendittwe is accounted for on an AceTuals basis and has been ¢lassifi¢d under headings that aggregate all cost related lo the category. Where costs cannot be directly attiibuted lo particular headings they have been allocated lo activities on a basis conSistet with the use of resources. Raising funds The value of any voluntary h¢lp re¢¢ived is not included in the accowits but is described in Éhe trnstees, at)mthl Grants #nd donations Revenue grants are recognised in the Statement of Financial Activities on receipt, subject to any required eonditions being md or services being provided. Any unspent grants at tbe Y ¢nd aT¢ shown iD the balance shc£t as rcstriclcd funds. Governance costs Governance cost¥ includc thosc coyts. associatcd with constituti(Trnal and 5talutory rcquircmcnts. Tanglble fixed assets Tangrible fixed assets are capitslised if they can bc used for more thall one ycar and c05t at Icast £l,(K>O. Jf purchased tbrough free reserves, then d¢pr¢¢iation is provided on the basis of 33/0 straigbt linc. Tangiblc [cd assets that are purchased via Testricted fimding are written off in full in the year of acquisition. A fvll ed asset r¢8lSter is maintained by the charity. T¥xaÉioD The charity is ¢x¢mpt from Corporation t&x on its ¢haritabl¢ a¢tiviti¢s. Fun41 #¢¢ountiDg Unrestricted fimds can be us¢d in accordance with th¢ Charitable obj¢¢tiv¢s ai th¢ dis¢rdion of the tswtecs. Designated ndS are funds sel aside by the trustees out of unrestricted general fimds for a spIfiC futtwe purpos¢ or projects as out]ined in the balonce sheet. Page 10 continued...
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - eontinu¢d FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTllYG POLICIES- ¢onthiu¢d Fund accountlng Restricted fimds can only be used for particular r&stricted purposes within the objects of the chaTity. Restri10n$ arise when specified by the donor or when fimds are rnised forparticular reslTiCted PUryK)ses. Fwther explanation of the nature and purpose of ¢a¢h nd is included in the notes to the fllM)cial statements. Hire purchase and leasing commitments Rentals paid under operating leases are Charged to the Statement of Financial Activities on a 8traight line basis over the period of the lease. OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Fundraising events 36.828 34.274 INVESTMENT INCOME 31.12.24 31.12.23 Deposit account inteTest 6,292 2,148 NET INCOMEI(EXPENDITURE) Net incom¢/(¢xp¢nditur¢} ts slated after Chargin(edIting).' 31.12.24 31.12.23 Depreciation- Own assets Other opernting leases 1,038 30.646 29J05 TRUSTEES, REMUNERATION AIYD BENEFITS There were no trustees, remunerntion or other benefits for the year ended 31 December 2024 nor for the y¢ar ended 31 December 2023. Trustees, expenses There were no truslecs, expenses paid for the ye¥T endcd 31 DrnbcT 2024 noT for the year ¢nded 31 [kllrr 2023. Pagell ¢ontinue¢l..
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 2024 STAFF COSTS The average monthly numkr of employe¢s during the year was as follows.. 31.12.24 31.12.23 SrnioT Manag¢meDt Operational Management Project w0¢r8 Support W0C 19 18 No employees receÈved emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINAIYCIAL ACTIVITIES Unrastrictd Designated fimds fi]nds R£stiicted funds Total funds YCOME AND EI¥DOWMENTS FROM Donations and legacies 104,893 104.893 Charitable activities Grants 6,501 290.191 296,692 Other trading activities JDV¢Stmm¢ in¢om¢ 34,274 2,148 34,274 2,148 Totsl 147.816 290,191 438.007 EXPENDITURE ON Raising fuDds 20.IM 26,166 46.310 Charlt&ble 8cdvltles Charitable activiti&8 86,282 260,823 347,105 TotAI I¢K.426 286,989 393,415 IYET INCOME Tr4n$l¢t% behveen funds 41.390 (12.713) 3.202 44.592 12,713 Net movement in funds 28,677 12.713 3,202 44,592 RECONCILIATION OF FUNDS Total fim(Ls brought fonvaTd 305.865 32.887 135.391 474.143 TOTAL FUNDS CARRtED FORWARD 334,542 45,600 138,593 518,735 Page 12 continu¢d...
THE HtNGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - ¢onilnu¢d FOR THE YEAR ENDED 31 DECEfiqBER 2024 TANGIBLE FIXED ASSETS Plant and machinery Computer equipment Totals COST At l January 2024 and 31 D¢c¢rnb¢r 2024 22,282 1,038 23J20 DEPRECIATIOI¥4 At l January 2024 and 31 D¢cembeT 2024 22,282 1,038 23J20 ET BOOK VALUE At 31 Dernb 2024 Ai 31 Dernber 2023 FIXED ASSET INVESTMENrs Shares in group undertakings COST At l January 2024 and 31 December 2024 PROVISIONS Impairnlents NET BOOK VALUE At 31 December 2024 At 31 Decernber 2023 Shares in group undertakings are included at the lower of cost and net realisable value. The companys inv>ments at the balance sheet date in the ghare capital of compani&s include the following: The Hinge Centre Trading Limited Registered office.. Medina House, 2 St&tion Avenuq Bridlington, Y016 4LZ Nature of business: Charity Shop Class of share.. Ordinary holding 100 30.4.25 31.12.23 Aggregate Capital and reSe¢S Profitlooss) for the period {6,268) (6,269) 6,268 The subsidiary ceased trading on 30 April 2025. The trdde, ass&s and liabilities were traDsfuTed over to the ¢haTity. Page 13 continued...
THE HINGE CEiYfRE LIMrrED IYOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR EIYDED 31 DECEMBER 2024 io. DEBTORS 31.12.24 31.12.23 Amounts falling due within one year: Trade debtoly Amounts owed by group undertakings Other debtors 1,520 18,605 3,095 60,932 7560 68,492 23,220 Amounts falling due after more t]] one year: Amounts owed by group undertakings 20,(K)O Aggregate amounts 6&492 43.220 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Social security and otber tsxes Accrued penSeS Defated grants 2J59 11,708 IS8,809 4,085 13,143 127,645 172,876 144.873 Page 14 continued...
THE HIiYGE CEIYTRE LIMrrED 1¥40TES TO THE FINANCIAL STATENfENfs - continmed FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.12.24 At 1.1.24 Unreltrieted funds General fjjnd DesIated filllds Genernl fimd- Shop 334,542 45,600 7Q284 (41J23) 3267 34,706 363A03 48,867 34,706 380,142 70.284 13.3SO) 447.076 Res¢rReted funds Brelms Tn]st Awards for All Henry Smith Foundation Tudor Trust Fast Coast Comtnunity Fund Tribune BCT Emergency Fund F P Finn Charitable Trust National Lottery Community Fund Two Ridings Community Foundation Emergency Assistance Granl GToundwoTks Hedley Stronger Together HAF Summer Hampers HAF Summ¢r A¢tiTriti¢S Nationwide 7 Stars Foundalion Bety & Taylor HAF Xmas Parcels Help for Health Ironmongers Alpkit 22 Arnold Clark ERYC Large Appliance HAF Activities 22 t£¢ds BS Liz & TeThy Bramall Lord Feoffe&s Crisis Fund Nationwide Arts NHS Commw)ity MH Fund NLCF 23 SeafareTS SOIL Grant Sport England WF Southall Trnst Grant ERYC ED]etgellcy Assistancc 2021 ER Emergency Fd & Welfare Fund ERYC Emcrgfflcy Fo1 & Suppli¢s 22 Do il for East Yorkshir¢ 2 Do it for East Yorkshire 3 Do it for East Yorkshire Xmas ER Emergency Food & Welfare Fund 2 ERFPA White Goods ERV AS Social Activity Fund Fraisthorp¢ Windfern 583 ,149 5272 4,077 10.775 940 1,363 {583) (964) 3&638 108 {6.610) 185 40910 4.185 4,165 JJ63 69 &881 (5.881) (507) (600) 3.337 1,000 2J39 (224) (4,047) (611) (lJ37) (229) (1,637) (441) (800) (86) (86) (76) {2(Ki) {641) (186) {333) (260) (389) {1,483) (6,283) {1fv15) 5(Ml (941) 2,S39 338 30 137 7,085 562 4,077 &422 229 1,637 12,152 2,051 456 96 227 2,074 2,614 11,711 1,251 370 io 151 1,874 1973 4J80 811 4,047 551 1,806 IOJ37 2202 323 4.054 357 3378 1555 207 82(M) 2J37 1555 (200) {4,248) (24) (517) (lJ87) (206) (3939) (169) (450) (1,602) 3952 737 1,405 472 7,751 169 711 1,711 220 18 266 3,812 261 109 Page 15 ontinu¢d...
THE HtNGE CEwfRE LIMrrED NOTES TO THE NANCIAL STATEMEIYTS - CODtiDued FOR THE YEAR EIYDED 31 DECEMBER 2024 12. MOVEMENf FUNDS- continued HAF 23 HERcr Hey Smile Digital 2 Hey Smile Us Women Hey Srnile Digital NatlODwid¢ 24 Two Ridings Cost of Living Winter Pressur¢s Fund 23124 Do it for East Yorkshire 4 HAF Easter 2024 HAF Sumrner 2024 Cash for Kids PAG 2024 US Girls 2024 Farnily Action Grant E&st Riding Food aDd Supplies 2024 GVC pcc Emergency 2024 2,013 786 (iJ09) 1758) {601) {1,810) (240) 30,720 (6,093) 900 727 415 1,430 50 1,750 349 133 7,814 (578) (3JS0) 3,&18 704 28 lJ62 3,182 4,992 30,720 1,232 91)0 727 415 IA30 7J25 1,750 349 133 7.814 1,727 2J05 3J50 3,838 I3893 22,219 3J50 164.162 TOTAL FUNDS 518,735 92,503 611338 Pag¢ 16 continued..
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMEIYTS- eontlnlled FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS - continued Net movement in fimds, included in th¢ above are as follows: Incoming resources Resowces expended Movement in funds Unrestri¢t¢d fund$ General fimd 182.608 (112J24) 70,284 Res¢ri¢ted fuDd8 Brelms Trust Awards for ARI Henry Smith Foundation Tudor Trnst East Co&sl Community Fund F P Finn Charitsble Trust National Lottery Community Fund Two Ridings Community Foundation Ernergency Assistance Grant Hedley Strong¢r Tog¢th¢r HAF Summer Hampers HAF Summer Activities Nationwide 7 Stars Foundation Betty & Taylor HAF Xmas Parcels Help for Health Ironmongers Alpkit 22 Arnold Clark ERYC Larg¢ Applian¢¢ HAF Activities 22 L¢¢ds BS Liz & Teny Bramall Lord Feoffees Crisis Fund Nationwide Arts NHS Community MH Fund NLCF 23 Seafarers SOIL Grant Sport England ERYC Emergency Assistsnce 2021 ER Emergency Food & Welfare Fund ERYC Emergency Food & Supplies 22 Do it for East Yorkshire 2 Do it for East Yorkshir¢ 3 Do il for East Yorkshire Xm&s ER Emergency F(N)d & Welfare Fwid 2 ERFPA White G(K)ds ERVAS Social ActiTrity Fund Fraisthorpe Windfann HAF 23 HERcr Hey Smile Digital 2 Hey Smile Us Women Hey Smile Digital {583) (964) (35J62) (30,892) (15.948) (431) (5,881) (507) (600) (461) (224) (4,047) (611) (1,337) (229) (1.637) (441) (800) {86) (86) (76) (200) (641) (186) (IOJ33) (200) (389) (1,483) (86,675) (1,845) (583) (964) 35.638 108 (6,610) 69 (5,881) ($07) (600) 2539 (224) (4,047) (611) (la37) (229) (1,637) (441) (800) (86) (86) (76) (200) (641) (186) (333) (260) (389) (1.483) (6,283) (1.845) 500 (941) (200) (4,248) {24) (517) (1?87) (206} (3939) (169) (450) (1,602) (1,309) (758) (601) (1,810) (240) 71,000 Ji,000 9,338 51K) 3,(MlO 10,0 80J92 500 (941) (200) (4248) (24) (517) (933) (206) (3,939) (169) (450) (16,602) (1,559) (758) (601) (1,810) (240) {454) Is,000 250 Page 17 continued...
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEME1s- continued FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- continued Nationwide 24 Two Ridings Cost of Living Wintcr Prcssures Fund 23124 Do it for East Yorkshire 4 HAF Easter 2024 HAF Summer 2024 Anron Jurgens Cash for Kids PAG 2024 US Girls 2024 Family Artion Grant East Riding Fo(Ml and Supplics 2024 GVC pcc Emergency 2024 56,174 (25,454) {6,093) {2,IIKI) {902) (1585) (3338) (5,IbOO) {950) (750) (1,151) (367) (5.771) (578) (3J50) (328) 30,720 (6,093) 3,000 1,629 2,0011 4,668 S,0(M I,0( 2,500 1,500 500 13.585 727 415 1,430 1,750 349 133 7014 {578) (3J50) 3W8 4,166 316248 (294,029) 22219 TOTAL FtJlYDS 498056 (406?53) 92,503 Page 18 continueli..
THE HINGE CENfRE LIMITED NOTES TO THE FI]¥4AIYCJAL STATEMENTS- contiDued FOR THE ITAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- conliDued Comparatlves for movemeDt ID funds Net movement in fimds Transfers betwe¢n funds At 31.12.23 At 1.1.23 Unrestrleted fullds General fund Designated ftmds 305,865 32.887 41,390 (12,713) 12,713 334J42 45,600 338,752 41,390 380,142 Restrfcted funds Lloyds TSB Foundation & SJP Brelms Trnst Awards for All Hemy Smith Foundation PAG Tudor Tnt East Coast Community Fund Tribunc BCT Erncrgency Fund National Lottery Community Fund Two Ridings Community Foundation Brexit Fund Emergency Assistance Grant Fith¢ss 4 Fun Garfield W¢ston Groundworks Smile Foundation Postcode Neighbourhood Trnst Prince of Wales Community Fund Stronger Together Surviving Winter Fund YBS Covid-19 Next Steps Do il for East Yorkshir¢ ER Food Poverty ERVAS Easter Packs HAF Summer Hampers HAF Sumtner A¢tiNities J&ACattl¢ Nationwide 7 Stars Foundation Albert Hunt Bcty & Taylor HAF Xmas. Parccis Help for Health Ironmongers Two Ridings- Wind Farm AlpkÈt 22 Amold Clark ERYC targe Appliance GVS HAF Activities 22 Leeds BS Liz & Teny Bramall Lord Feoffe¢s Crisis Fund 17 2,709 (17) (2,126) 1,149 1,075 (1.044) 126 520 940 (80) {3.815) {2,933) {1,784) {1,652) {176} (1,809) 583 1_149 5,272 4,197 3.951 10.255 4.077 10.775 1,443 9.696 6,777 1,784 4,061 176 1,809 i.(K)O 17.100 1,363 5.881 3,844 2,409 ,000 (17,1(M) ) (i) (157} (8101 (61 (139) (9341 (iooi {71) (163) (2,393) (46) (114) (5,425) (128) (406) 157 1,372 562 139 934 loo 71 163 6.470 794 114 13.847 357 406 1.637 4.077 74S 8,422 229 1.637 12,152 2,051 456 12,152 (841) (4,164) (298) (40) (35) 2,892 4,620 298 136 262 2,074 3,890 2,723 581 227 1074 2.305 2.614 186 4,380 811 (1,585) (109) (395) 4.380 800 li Page 19 ontinued...
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DF.CEMBER 2024 12. MOVEMENT JN FUNDS- continued Nalionwide Arts NHS Community MH Fd NLCF 23 Postcodc Neighbourhood Grant Seafarers Smilc Xn]a5 Sport Engld WF Southall Trust Grant ERYC Emergency Asststance 2021 ER Emergency Food & Welfe Fund ERYC Emergency Food & Supplies 22 Do it for East Yorkshire 2 Do it for East Yorkshir¢ 3 Do it for East Yorkshir¢ Xmas ER Emergency Food & Welfare Fund 2 ERFPA WThite Goods ERVAS Social Activity Fund Fraisthorpe Windfarnl 1,425 {1,036) 1,806 10.337 (5.986) 2.202 (68) (23) 1.555 (4,673) (1,363) (70) 737 1,405 472 7.751 169 711 1,711 2.013 786 1,963 4,992 240 7,325 389 1.806 10.337 5.986 2.202 63 3.301 3,278 1,555 207 8,200 24 737 1,405 472 7,751 169 4,880 9,563 1,711 2,013 786 1,963 4.992 240 7.325 HAF 23 HERcr Hey Smile Digital 2 Hey Sn]il¢ Us Wom¢n Hey Smile Digitsl Two Ridings Cost of Living 135.391 3,202 138.593 TOTAL FUNDS 474,143 44,592 518,735 Page 20 ciyntinued...
THE HIIYGE CEIYTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- contlnu¢d FOR YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- eon¢inu¢d Compardtt've net movement in fiu)ds, included in tbe above are as follows: Incoming resources Resources expended Movement in fid$ Unrestricted thnds General fund 147.815 {106,425 } 41,390 Restricted funds Lloyds TSB FoLwdation & SJP BTelms Trust Awar(Ls for All Henry Smith Foundation PAG Tudor Trust East Coastt Community Fund Tribune Bcf EMerg¢Y Fund National Lottery Community Fund Two Ridings Community Foundation Alpkit Foundation Br¢xit Fund EMerg¢Y Assislan¢¢ Gr8nt Fithe5s 4 Fun Garfield Weston Smile Foundation Postcode Neighbourhood Trust Princ¢ of Wales Community Fund Strong¢r Together Surviving Winter Fund YBS Covid-19 Next Steps Do it for East Yorkshire ER FOCMJ Poverty ERVAS Easter Packs (17) (2,126) (6.565) (33.925) (1,044) (30.874) (17.060) (990) {80) (3.815) (2,933) (Iw) (1,784) (1,652) (176) (1.809) (17,1(K)) (i) {157) {810) (6) (139) (934) (100) (71) (163) (2,393) (46) (114) (5,425) (128) (406) (1.048) (¥41) (4.164) (2,5(K)) (298) (40) (35) (400) (1,585) (915) (395) (5,620) (200) (1,036) (3.139) (56.789) (17) {2,126) 1,149 1,075 (1.044) 126 520 940 (80) (3,815) (2,933) 7,714 35,iK>O 31.(K>O 17.580 1.930 loo (1.784) (1.652) (176) (1.809) (17,100) (i) (157) (810) {6) (139) {934) {ioo) (71) (163) (2,393) (46) {114) (5,425) (128) (406) 12,152 (841) {4,164) HAF Summer Activities J&ACattle Nationwid¢ 7 Stars FowKlation Albert Hunt HAF Xmas Parcels Iclp for Hcalth 13,200 Sain8bury's Two Ridings- Wind Farni Alpkit 22 Arnold Clark Graham & R05en 2.500 (298) {40) (35) 41 GVS HAF Aclivities 22 Leeds BS Liz & Tery Bramall Lord Feoffees Crisis Fund Nationwide Arts NHS Comrnunity MH Fund NLCF 23 (1.585) (109) (395) 4,380 800 (1.036) 1.806 10,337 806 lo.0 1,000 4,945 67,126 Page 21 ¢ontinu¢d...
THE HIDICE CEIYTRE LlTrllTED NOTES TO THE FINANCIAL STATEMENTS- eontlnued FOR THE ITAR EM)ED 31 DECEMBER 2024 12. MOVEMErir IN FUM)S- eontinutd Postcode Neighbourho(xl Grdnt SeafaTers Sir James Reckitt Smil¢ Xmas Sport England WF Southall Trust Grant ERYC Ernergency Assistance 2021 ER Emergency Food & Welfare Fund ERYC Emergency Fod & Suppli¢s 22 Do it for East YoTkshire 2 Do it for East Yorkshire 3 Do it for East Yorkshire Xmas ER Emergency Food & Welfare Fund 2 EPFPA Whil¢ Go(xls ERVAS Essential items ERV AS Social ActiN4ty Fund Fraisthorpe Windfarni (5,986) (7,748) (19.850) {68) {23) (1.445) (4,673) (1,363) (70) (1.464) (1.634) (64) (2.249) (1,331) (110) (289) (13,289) (7,937) (214) (337) (860) (1,363) (2,675) (5,986) 2,202 9,950 19,850 (68) (23) 1.555 (4,673) (1,363) (70) 737 1,405 472 7.751 169 3,000 2,201 3,039 536 10.000 1,500 iio 1.000 15,0(K) 9.950 1.000 2,300 5.852 1,603 io,(x)o 711 1,711 2,013 786 1.963 4.992 240 7,325 HAF 23 HERCT Hey Srnil¢ Digital 2 Hey Smile Us Wom¢n Hey Smil¢ Digilal Two Ridings Cost of Living 290,192 (286,990) 3,202 TOTAL FUNDS 438,007 (393,415) 44,592 Page 22 continuciL..
THE HINGE CENTRE LIMtTED NOTES TO THE FINANCIAL STATEMENfs- eonlinued FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT FUNDS- contiDued A current year 12 months and prior year 12 months combined position is &8 follows: Net movement in fimds Transfers bettveen fimds At 31.12.24 Ai 1.1.23 Unrestricted funds G¢n¢ral fimd Designated fimds General fund. Shop 305,865 32,887 111,674 (54,036) 15,980 34,706 363,503 48,867 34.706 338,752 111.674 (3,350) 447,076 Restrleted funds Lloyds TSB Foundation & SJP Brelms Trnst Awards for All Henry Sn)ith Foundatioj) PAG Tudor Trnst East Coast Community Fund Tribune BCT Emergency Fund F P Finn Charitable Tnt National Lottery Community Fund Two Ridings Community Foundation Brexit Fund Emergency Assistance Grant Fitness 4 Fun Garfield Weston Groundworks Hedley Smile Foundation Postc(xl¢ N¢ighbouAio(Ki TNst Prin¢¢ of Wal¢s Cornrnunity Fund Stronger Together Surviving Winter Fwid YBS Covid-19 Next Steps Do it for East Yorkshire ER Food Pov¢rty ERVAS East¢r Packs HAF Summer Han]pers HAF Surnmer Activities J&ACattle Nationwide 7 Stars Foundation Albert Hunt Bety & Taylor HAF Xmas Parcels Help for Health Jronmongers Two Ridings- Wind Farm Alpkit 22 Amold Clat* ERYC. Large Appliance GVS HAF Activities 22 17 2,709 (17) (2.709) 185 36,713 (1,044) 234 (6.090) 940 {80) 69 (9,696) (3,440) (1,784) (2.252) (176) (1,809) 185 40,910 4,197 3,951 10,255 4,185 4.165 940 1.363 69 1,443 9,696 6,777 1,784 4,061 176 1,809 1,000 3.337 1.809 2,539 (17,100) (i) {157) (1.034) (6) (139) (934) {ioo) (71) {163) (6,440) (657) (l E4) (6.762) (357) (406) (1,637) 11,711 (1,641) {4,250) (298) (126) (iii) (200) (1,585) (750) 2,539 17,100 157 1.372 338 139 934 i(M) 71 163 6.470 794 30 137 13,847 357 406 1.637 7,085 11,711 1,251 370 2,892 4,620 298 136 262 2,074 3.890 2,723 io 151 1,874 2,305 1,973 Page 23 continued...
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- CODtillued Leeds BS Li2 & Terry Brdmall Lord Feoffees Crisis Fund Nationwide Arts NHS Community MH Fund NLCF 23 Posl¢ode Neighbourhood Grnit SwafaT¢rs Smile Xmas SOIL Grant Sport England WF Southall Trust Grant ERYC Emergency Assistance 2021 ER Emergency Fofyl & Welfare Fund ERYC Emergency Food & Supplies 22 Do il for East Yorkshire 2 Do it for E&s¢ Yorkthir¢ 3 Do it for East Yorkshire Xmas ER Emergency Food & W¢lfare Fund 2 ERVAS Social Activity Fund Fraisthorpe Windfarn) HAF 23 HERCT H¢y Smile Digital 2 Hey Smil¢ Us Women Nationwide 24 Two Ridings Cost of Living Winter Pressures Fund 23124 Do it for East Yorkshire 4 HAF Easter 2024 HAF Summer 2024 Cash for Kids PAG 2024 US Girls 2024 Family Action Grant East Riding F(N)d and Supplies 2024 GVC pcc Emergency 2024 581 (581) 4,047 540 (1,425) 323 4,054 (5,986) 357 (68) 500 (964) 1.555 (4.873) (5,611) (94) 220 18 266 3.812 261 109 704 28 1,362 3.182 30,720 1.232 4,047 551 1,425 323 4.054 5,986 357 68 500 2,337 1,555 3,301 4,880 9,563 94 3,952 220 18 266 3,812 261 109 704 28 1.362 3.182 30,720 1.232 900 727 415 1,430 50 1,750 349 133 7,814 (578) 727 415 1,430 50 1,750 349 133 7,814 (578) (3,350) 3,838 3,350 3,838 135.391 25,421 3.350 l(A,162 TOTAL FUNDS 474.143 137,095 611,238 Page 24 continued...
THE Illl¥GE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- eonliDued FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FiINDS- eotttinued A Cllent year 12 months and Prior year 12 months combined net movement in fifftds, included in the above are as follows.. Inconung r¢sourc¢s ResouKes expended Movement in funds Unrestrlcted fuDds Gcncral fimd 330,423 (218,749) 111,674 Restrlcied funds Lloyds TSB Foundation & SJP Brelm8 TTUSt Awards frir All Hemy Smith Foundation PAG Tudor Trust East Coast Community Fund Tribune BCT ErngenCy Fund F P Finn Charitable TTUSt National Lottery Community Fund Two Ridings Community Foundation Alpkil Foundation Brexit Fund Emergency Assistance Grant Fitness 4 Fun Garfield Weston Hedley Smile Fowidation Postwd¢ Neighbourhood Trusl Prince of Wal¢s cornm1ty Fund Stronger Together Surviving Winter Fund YBS CoNryd-19 Next Steps Do it for East Yorkshire ER Food Pov ERVAS Easter Packs FLIF Summ¢r Hamper8 HAF Summer Activities J&ACattle Nationwide 7 Stars Foundation A]bcrt Hunt Bety & Taylor HAF Xmas Parcels Help for Health Iromn0ngS Sainsbury's Two Ridings - Wind Farni Alpkit 22 Arnold ClaTk ERYC Large Appliance Graham & Rosen GVS HAF Activiti 22 Leeds BS (17) (2,709) (7.529) (69.287) (1.044) (61.766) (33.008) {990) (80) {431) {9.696) {3.440) {ioo) {1,784) {2,252) {176) {1,809) (461) (17,1) (i) {157) (1,034) (6) {139) {934) (ioo) {71) (163) (6.440) (657) (114) (6.762) (357) (406) (1.637) (1.489) (1,641) (4,250) (2.500) (298) (126} (iii) (21K)) (4IK)) (1,585} (1,556} (581) (17) {2,709) 185 36.713 (1.044) 234 (6,090) 940 (80) 69 {9.696) (3.440) 7.714 106.000 62.0(Ml 26,918 1.930 5(K> (1,784) (2,252) (176) (1,809) 2,539 (17.100) (i) (157) (1.034) (6) (139) (934) (l(K)) (71) (163) (6.440) (657) (114) (6,762) (357) {406) (1.637) 11,711 {1,641) (4,250) 3,000 13.200 2,5(K) (298} (126) (Iii) {200) 400 (1,585) (750) (581} 806 Page 25 ¢ontinu¢d...
THE HINGE CENfRE LIMITED NOTES TO THE FINANCIAL STATEfhqENTS. contlnued FOR THE YEAR EM)ED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- continued Liz & Tcry Bramall Lord Feoffees Crisis Fund Nationwide Arts NHS Community MH Fund NLCF 23 PostCQKlc Ncighbouthwd GTant 20,000 1.000 (15,953) (460) (1,425) (4,622) (143.464) (5.986) (9.593) (19,850) (68) 4.047 540 (1,425) 323 4,054 {5,986) 357 4.945 147518 9.950 19.850 Sir James Reckitt Smile Xmas SOIL Grant Sport England WF Southall Trust Grdnl ERYC Emergency Assistsnce 2021 ER Emergency Food & Welfare Fund ERYC Emergency Food & Supplies 22 Do it for East Yorkshire 2 Do it for East Yorkshire 3 Do it for East Yorkshire Xmas ER Emergency FOCKI & Welfare Fund 2 ERFPA White Go$ ERVAS Ess¢nlial il¢ms ERVAS Social Activity Fund Fraisthorpe Windfam (68} 500 (964) 1.555 (4,873) (5,611) (94) 220 18 266 3,812 {964) (1.445) (4.873) (5.611) (94) (1.981) (2,567) (270) (6.188) (1.500) (110) (739) (29,891) (9,496) (972) (938) (2,670) (1,603) (25,454) (8.768) (2.100) (902) (1.585) (3.238) (5.(K)O) (950) (750) (1.151) (367) (5.771) (578) {3.350) (328) 3.(K)O 2,201 2,585 536 io,o(x> 1.500 iio I,(M)O 30,OIK) 10,2(X) 261 109 704 28 1,362 3,182 HERCT Hey Smile Digitsl 2 Hey Smile Us Women Hey Smile Digital Nationwide 24 Two Ridings Cost of Living Winter Pressures Fund 23124 Do it for East Yorkshire 4 HAF Easter 2024 HAF 2024 2,300 5,852 1,603 56,174 iO.O(N) 3,000 1,629 2,0(K) 4,668 5,0(M) i.o(KJ 2.500 1.5(K> 500 13.585 30.720 1.232 9(K) 727 415 1,430 Anron Jurgens Cash for Kids PAG 2024 US Girls 2024 Family Action Grant East Riding Fwd and Suppli¢s 2024 GVC pcc Emergency 2024 50 1.750 349 133 7.814 (578) (3,350) 3,838 4,166 606,440 (581,019) 25.421 TOTAL FUNDS 936,863 {799,768) 137.095 Page 26 conlinu¢(L..
THE HINGE CENTRE LIMITED NOTES TO THE FINANCIAL sTATEmEs - contlnued FOR THE YEAR EIWED 31 DECEMBER 2024 13. RELATED PARTY DISCLOSURES At the 31 Dernber 2024 the Charity is owed £60,932 (2023 . £38.605) by ivs l(K)% owned subsidiary, The Hinge Centre Trnding Limited. The Subsidiary ceased trading on 30 April 2025. The knde, a58ets and liabilities We transferred ov¢r to the charity. The leas¢ on the shop has also been reassigned to the charity. 14. DESIGNATED FUNDS Designated funds are alloc&led from the balance of free reserves and represenls the costs needs to cover staff, renL utilities and general ov¢rheads for a period of three months in tb¢ event the tharity is wound down in line with agreed policies and procedures. The fid is r¢viewed on an annual basis and the current l¢vel is de<med the minirnum amount ne¢¢ssary to cover ih¢K costs. Pag¢ 27