Charity registration number 1146938
Company registration number 06613465 (England and Wales)
THE ENTERPRISE CENTRE LIMITED
ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

THE ENTERPRISE CENTRE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr D Wright
DrA M Lawrence
Ms A M Homsby
Mr J Phillips
Ms T Harrison
(Appointed 16 August 2024)
Secretary
Ms A M Homsby
Charity number
1146938
Company number
06613465
Principal address
Naturally Enterprising Hub
Kirklees Valley Trail
off Brandlesholme Rd
Bury
Lancashire
Registered office
Naturally Enterprising Hub
Kirklees Valley Trail
off Brandlesholme Rd
Bury
Lancashire
Independent examiner
Bartow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton

THE ENTERPRISE CENTRE LIMITED
CONTENTS
Page
Trustees, report
Independent examineff s report
ststement of financial activities
Balance sheet
Notes to the financial statements
8-17

THE ENTERPRISE CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JULY 2024
The trustees present their report and financial statements for the year ended 31 July 2024.
Chief Executive Overview- October 2024
How does the time go so qui¢klF Or is it just that it does this as we get older. Hard to believe that it is nearly 10
years since we broke ground in October 2014. Next year we will celebrate this properly, in May 2025, as it will be
10 years Sin￿ our very first Open day.
We have been very busy deltvering on OLtr charitable objectives as well as providing seNices to local schools and
the SEND team at the council with our unique Alternative provision that is supported by Equine Assisted Learning
and Earth Education programmes. We have added to our animal therapies by getting 2 goats and the young
people can now study goat husbandry as well as the many other equine related programmes.
Our Heritage project has over achieved and provided 49 community events hosting 718 local residents. Our
relationships with other local charities continues to grow and we have supported East Lancs Railway with
bespoke training to support their volunteers as well as Kirklees Wildlife Rescue as they get ready to open.
We continue to develop and add to our services to meet the needs of the community and we continue to consult
via media plafforms and in person at events to see what else we can offer.
The community needs our services more than ever as the figures on poor mental health are at an all-time high
with young women struggling to recover from isolation and being victims of social media bullying.
We have done lots of work on our website this year, www.theenterprisecentre.co.uk. We hope you the reader
enjoys the nèw look. Please send us your comments via thè portal, hello@theenterprise¢entre.co.uk.
The social impact of our work continues to grow incrementally and we look forward to another positive year
ahead. Next year I will be reaching my 65th birthday though there is no way will I be slowing down so the future
looks bright.
A M Hornsby Founder and CEO

THE ENTERPRISE CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Memorandum and Articles of Association. the Companies Act
2006 and "Accounting and Reporting by Charities.. Statement of Recommended practi￿ applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 102) (effective 1 January 2019}'.
Objectives and activities
The Charitable Objects of the company are=
The relief of povety in such ways as might be thought fit-
The relief of unemployment in such ways as may bè thought fit-,
The advancemènt of education, training or retraining. particularly among young people,
unemployed people, and providing unemployed people with work experience-
The relief of those in need in particular by the provision of financial assistance, technical
assistance, or business advice or the provision of consultancy in order to provide training and
employment opportunities for unemployed people in cases of financial or other charitable needs
through help:_
li) In setting up their own business. or
{ii) To existing businesses.
Each year the trustees review the objedives and activities of the charity to ensure that they continue to reflect
their aims and to provide public benefit. The trustees are more than satisfied that they do.
The Values of The Enterprise Centre
We aim to promote social justice for all. To achieve this we will demonstrate=
Commitment
Dedication
Authenticity
Fairness
Creativity
Innovation
Passion
Partnership
Professionalism
Caring
The Mission
To be known and recognised internationally as world class leaders in social learning, for young people and
NEETS in transferable enterprise skills, self-actualization and confiden￿. We will develop future entrepreneurs
and build a culture of stepping up to success through action earning using naturè and a range of therapies as a
core element of our work.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.

THE ENTERPRISE CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
At a glance 2023-24
We secured the £10,000 from the Cloth Workers, Foundation and so completed the roof on the Education Unit
We managed to secure a further £3,000 from donations via the website and we used £6,000 from non-restricted
reserves. Happy to say no more leaks and nice and warm.
We have provided Alternative Education provision for 6 young people, all of those hold ECHP and 2 from the
Lookèd after children background. One of our young people went on the achieve 5 GCSE'S albeit he has not
spent any time in school since year 7.
We provided 8 1.1 Equine Assisted Therapy programmes, 2 of these have booked forAP for September.
We secured Bury VCFA Stand Together fund - 36 young people who are at risk of hami attended a Saturday
moming club free of charge. We looked at issues around knife crime, drugs and vapes, wellbeing,
entrepreneurship, safety on line, visioning for success and this was all wrapped in Equine and Canine assisted
learning making the beneffts embed for the future.
We secured additional land with Peel Holding so now have an additional 1.5 acres which we have split into 3 and
fenced for security.
We securèd a further National Lottery Community Fund to deliver a women's empowerment course to 18 women
and continue to run the women's network.
HAF funds provided 24 pla￿S of Running wild with Horses during Christmas school holidays and provided free
meals.
St James Foundation donated a further £2,500 to provide match funds for our Saturdaylholiday clubs.
We secured year 2 National Lottery Heritage and we are currently working on the full evaluation which will be
available on our website from November 2024. 718 people benefitted from our community events. We have run
72 Art Heritage workshops and testimonials can be seen on our website under Community projects.
We continue to reap the benefits of the solar electricity and we continue to seek solutions to be off-grid.
We secured Defra license to keep goats and we now have Rosie, a Bora goat, and Daisy, a Pygmy .
CPD of staff: Safèguarding diploma level 3, Medicinal Herbalism, Animal assisted therapy, Yoga breathing for
health. first Aid for all.
Financial review
At the year end, the charity had net expenditure of £8,487 (2023= net income of £33) and held totsl unrestricted
funds of £166,458 and restricted funds of £86,710. The free reserves of the charity stood at £68,940 12023:
£80,228) after adjusting for unrestricted funds held in fixed assets.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to approximately twelve month's expenditure. The trustees considers that
reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the
charity's current activities while consideration is given to ways in which additional funds may be raised. This level
of reserves has been maintsined throughout the year.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.

THE ENTERPRISE CENTRE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Next Year's Focus
We continue as activists in the climate change programme, seeking funds to infonm and educate the community
in better practices.
The Secret Garden continues to provide a free resource to local schools wishing to use it.
We are expanding our provision of EAT.
We will launch a new programme of forest therapy and seek funds to support this work.
Our founder will complete the Masters in Herbalism and Forest myths and legends.
Another member of staff will be CBT qualified (Cognitive Behavioral Therapy).
We will again apply to continue our Heritage work, ensuring the community get to know and respect their
heritage and that of the ancient woodland where we are located. We would aim to create an illustrated booklet for
schools about interesting historical facts in the area.
We are always looking for other funds to continuè the great work for women as we have a waiting list already.
We plan to extend the women's ne￿Ork to 4 sessions per month.
We now open the friendship café as an honesty café all week 9.30-2pm. Whilst it does not make money, it does
provide a service to local walkers 2nd the local nursery uses it often when they pass with the children in Buggies.
We continue to research sustainable water use- we already have 7 ICB'S on site with the capacity for more. We
will look into filter systems so that this rain harvested water can be used in toilets and washing facilities as well as
with the gardens and animals.
CPD for staff and volunteers= Masters in Herbalism, Forest folklore and mystery, Level 3 CBD, Forest School
level 2.
Structure, governance and management
The Enterprise Centre (TEC) is a not-for-profit company, limited by guarantee, registered in June 2008 in
England. Company number 6613465, and registered as a Charity in April 2012. Charity number 1146938.
Trustees'lDirectors' are as follows:
Mr David Wright- local business man, director and treasurer
Mr Jonathan Phillips- representative from Economy and Skills Oldham Council
Dr Allan Lawrence- international consultsnt, co-founder, director and chair
Ms Alison Homsby- chief executive and founder
Ms Tracy Harrison - representative from NHS Social Prèscribing team {appointed 16 August 2024)
The charity is managed by its trustees. Full provisions regarding the powers and proceedings of the trustees can
be found in the goveming document.
None of the trustees have any beneficial interest in the company. All of the trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
The trusteès, report was approved by the Board of Trustees.
Ms A M Hornsby
Trustee
Dated: 18 October 2024

THE ENTERPRISE CENTRE LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE ENTERPRISE CENTRE LIMITED
I report to thè trustees on my examination of the financial statements of The Enterprise Centre Limited (the
charity} for the year ended 31 July 2024.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for
the preparation of the financial statements in accordance with the requirements of the Companies Act 2006
(the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the
charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying
out my examination I have followed all the applicable dirèctions 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 that in any matertal respect..
aGGounting records were not kept in respect of the Gharity as required by section 386 of the 2006 Act. or
the financial statements do not accord with those records; or
the financial statements 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
the financial ststements have not been prepared in accordance with the methods and principles of the
ststement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in thè UK and
Republic of Ireland (FRS 102}.
I have no concems 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 financial statements to
be reached.
Paul Burton, FCCA
Barlow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton
Dated: 18 October 2024

THE ENTERPRISE CENTRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 JULY 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charitable activities
59,095
510
57,096
116,191
510
61,783
744
48,830
110,613
744
Total income
59,605
57,096
116,701
62,527
48,830
111,357
enditUTe on:
Charitable activities
53,618
71,570
125,188
65,182
46,142
111,324
Net
incomingl(outgoing)
resources before
transfers
5,987
{14,474)
(8,487)
(2,655)
2.688
33
Gross transfers between
funds
(6,820)
6,820
4.482
(4,482)
Net {expenditure)lincome for
the yearl
Net movement in funds
(833)
{7,654)
(8.487)
1,827
(1,794)
33
Fund balances at 1
August 2023
167,291
94,364
261,655
165,464
96,158
261,622
Fund balances at 31
July 2024
166,458
86,710
253,168
167,291
94,364
261,655
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

THE ENTERPRISE CENTRE LIMITED
BALANCE SHEET
ASAT31 JULY2024
2024
2023
Notes
Fixed assets
Tangible assets
11
180,851
167,699
Current assets
Debtors
Cash at bank and in hand
12
2,714
70,682
95,988
73,396
95,988
Creditors: amounts falling due within
onè year
13
(1,079}
(2,032)
Net current assets
72,317
93,956
Total assets less current liabilities
253,168
261.655
The funds of the charity
Restrtcted income funds
Unrestricted funds
14
15
86,710
166,458
94,364
167,291
253,168
261.655
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 July 2024.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply
with section 386 of the Act and for preparing financial ststements which give a true and fair view of the state of
affairs of the company as at the end of the financial year and of its incoming resources and application of resources.
including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and
395 and which othemise comply with the requirements of the Companies Act 2006 relating to financial ststements,
so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on 18 October 2024
Ms A M Homsby
Trustee
Company registration number 06613465 (England and Wales)

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Accounting policies
Charity information
The Enterprise Centre Limited is a private company limited by guarantee incorporated in England and Wales.
The registered Offi￿ is Naturally Enterprising Hub, Kirklees Valley Trail, off Brandlesholme Rd, Bury,
Lancashire, BL8 4LS.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's goveming document. the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. {"FRS 102") and the Charities SORP "Accounting and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard appliGable in the UK and Republic of Irèland (FRS 102)" (effedive 1 January 2019). The
charity is a Public Benefit Enttty as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set OLrt below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expedation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going cOn￿M basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Capital grants received are recognised as income in restricted funds on receipt and released to unrestricted
funds on a systematic basis over the useful life of the asset in accordance with the asset's deprecation policy.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the 8mounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance condttions require deferral of the amount. Income tsx recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the time of thè donation.

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Accounting policies
(Continued)
1.5 Resources expended
Expenditure is included on an accruals basis as a liabilty is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its seNices and
activities for its beneficiaries and includes costs that can be directly allocated to such activities, as well as
those of an indirect nature necessary to support them.
Govemance Gosts are the costs of running the charity as a legal entity, and are primarily associated with
constitutional and statutory requirements.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Freehold land and buildings
Fixtures and fittings
Motor vehicles
2% and 25 /0 straight line
200/0 Straight line
25010 reducing balan
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date. the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to detennine the extent of the impairment
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and setue the liability simultaneously.
Basic financial assets
Basic financial assets include debtors and cash and bank balances, which are initially measured at
transaction price including transaction costs and subsequenuy held at amortised cost.

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured al the present value
of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within
one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest Tate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices are
received.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may drffer from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods wherè the revision affects both current and future
periods.
10-

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Donations and lègacies
Unrestricted Restricted
funds
funds
Total Unrestricted
funds
Restricted
funds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Revenue grants from
government and public
bodies
3.950
3,950
1.461
1,461
55,145
57,096
112,241
60,322
48,830
109.152
59,095
57,096
116,191
61,783
48,830
110,613
Donations and gifts
Small donations
individually less than
£1,000
St James Place
1,450
2,500
1,450
2,500
1,461
1.461
3,950
3,950
1,461
1,461
Grants receivable for
core activities
Edward Gostlin
Bury council
The National Lottery
Community Fund
Growth Company-
KiGkstart Scheme
Bury VCFA
National Heritage Fund
Clothworkers Foundation
Workers Educational
Association
Steel Trust Foundation
other
5.000
5,000
59,575
55,145
55,145
59,575
9,900
9,900
9,800
9,800
747
747
9,440
13,570
10,557
9,440
13,570
10,557
13,570
13,570
13,629
13,629
10,410
10,050
10,410
10.050
55,145
57,096
112,241
60,322
48.830
109,152
11

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Income from charitable attivities
Unrestricted
funds
2024
Unrestricted
funds
2023
Charitable activities
Sales within charitable activities
510
744
Expenditure on charitable activities
Charitable
activities
2024
Charitable
activities
2023
Direct costs
Staff costs
Depreciation and impairment
Travel and subsistence
Animal expenses
Bank charges
Cafe expenses
Rates and water charges
Light, heat and power
Repairs and maintenance
Telecommunications and internet
Printing, postage and stationery
Staff training
Sundry expenses
Liability and contents insuran
25,568
10,783
1.926
14.092
359
4,633
650
2,395
6.068
1.297
1,163
102
50,662
4,223
27,272
10,481
891
13,828
365
4,708
169
4,359
9.263
2.018
661
657
30,193
3,882
123,921
108,747
Share of support and governance costs (see note 6)
Govemance
1.267
2,577
125,188
111,324
Analysis by fund
Unrestricted funds
Restricted funds
53.618
71.570
65,182
46,142
125,188
111,324
12-

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Support costs
Support Govèrnance
costs
costs
2024
2023 Basis of allocation
Independent examiners
fees
Consultancy costs
Govemance
1.267
1,267
2,577
34,310
Consultancy time spent
18,815 on projects
34.310
34,310
1,267
35.577
21,392
Analysed between
Charitable activities
34,310
1,267
35,577
21,392
Net movement in funds
2024
2023
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
10,783
10,481
Trustees
The Chief Executive Officer and Trustee, Alison Hornsby, received remuneration from the charity in
a¢cord8nce with the charitable company's memorandum and articles of association and this is detailed further
in the related party transactions note to the financial statements.
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Administrative and management staff
Employment costs
2024
2023
Wages and salaries
25,568
27.272
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
13-

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
11
Tangible fixed assets
Freehold land Fixtures and
and buildings
fittings
Motor
vehicles
Totsl
Cost
At 1 August 2023
Additions
165,162
19,440
51,080
216,242
23,935
4,495
At 31 July 2024
184,602
51,080
4,495
240,177
Depreciation and impairment
At 1 August 2023
Depreciation charged in the year
17,725
6,450
30,818
4.052
48,543
10,783
281
At 31 JLJIY 2024
24,175
34,870
281
59,326
Carrying amount
At 31 July 2024
160,427
16,210
4,214
180,851
At 31 July 2023
147,437
20,262
167,699
12 Debtors
2024
2023
Amounts falling due within one year:
Prepayments and accrued income
2,714
13 Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
1,079
2,032
14-

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
14 Restricted funds
The restricted funds of the charity comprise the unexpended balan￿S of donations and grants held on trust
subject to specific conditions by donors as to how they may bè used.
At 1 August
2023
Incoming
resources
Resources
expended
Transfers
At 31 July
2024
The Clothworkers. Foundation
Social capital
Bury VCFA
Workers, Educational
Association
Veolia
Sports England
National Heritage Fund
Steel Trust Foundation
Climate Gontrol fund
Duchy of Lancaster Benevolent
Fund
The National Lottery
Community Fund
10,557
(194)
(921)
(9,231)
10,363
2,070
209
2,991
9,440
13,629
112,462)
(1,869)
(1,667)
{19,282)
{14,315}
(3,209)
1,167
13.480
50,224
15,349
51,891
3,543
9.664
10,405
13,570
2,169
4,651
7,196
521
(521)
9,900
(7,899)
2,001
94,364
57,096
(71,570)
6,820
86,710
Previous year:
At 1 August
2022
Incoming
resources
Resources
expended
Transfers
At 31 July
2023
Social capital
Veolia
Sports England
National Heritage Fund
Tesco Community Fund
Steel Trust Foundation
ESF
Climate control fund
Edward Gostlin
Duchy of Lancaster Benevolent
Fund
The National Lottery
Community Fund
Social Prescribing Grant
ASDA
Community Investment Fund
4,143
17,621
53,558
(1,152)
(2,272)
(1,667)
(10,027)
{1,051)
(746}
(15)
{3,950}
{5,222}
2,991
15,349
51,891
3,543
13,570
1,000
10,410
51
9,664
6,481
14,355
{6,466)
10.405
5,000
222
1,200
(679}
521
9,800
1,500
3,350
3,000
(10,659)
(1,639)
(3,361)
(3,702)
859
139
11
702
96,158
48,830
46,142
(4.482}
94,364
15-

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
14 Restricted funds
(Continuèd)
Social capital To develop the inside of the new training room to include new floor, kitchen, decorating and
ftjrnishing the same.
Veolia - Build secret garden project using junior board volunteers, contractors and volunteers.
Sport England - Community Asset ftjnds to build a new purpose built training room.
ESF- To fund wages, mentoring and costs for students on ESF projects.
Climate control fund - Reduce the charity's carbon footprint.
Edward Gostlin Fund the Step Up Programme for women, redu￿ isolation, life skills and to improve mental
and physical health.
Duchy of Lancaster Benevolent Fund - Fund refreshments for the Step Up Programme.
The National Lottery Community Fund - Fund the Menopause Programme.
Social Prescribing Grant - Reduce isolation through the delivery of lrfe skills sessions.
ASDA - Fund the Ranch Rangers Project.
Community Investment Fund - Earth education, equine assisted leaming and environmental science.
National Heritage Fund - Engage the community, young and old in the history of the area.
Steel Trust Foundation
Fund the Step Up Programme for women, reduce isolation, life skills and to
improve mental and physical health.
The Clothworkers. Foundation- Fund a new roof on the Education Unit.
Bury VCFA- Fund the Stand Together Programme.
Workers. Educational Association - Fund the Focus Your Future Programme.
15 Unrestricted funds
The unrestricted funds of the chartty comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 August
2023
Incoming
resources
Resources
expended
Transfers
At 31 July
2024
General funds
167,291
59,605
{53,618)
{6,820)
166,458
Previous year:
At 1 August
2022
Incoming
resources
Resources
expended
Transfers
At 31 July
2023
General funds
165,464
62,527
{65,182)
4,482
167,291
16

THE ENTERPRISE CENTRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 JULY 2024
16 Analysis of net assèts between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 July 2024:
Tangible assets
Current assetsl(liabilities)
97,518
68,940
83,333
3,377
180,851
72,317
166,458
86,710
253,168
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 July 2023:
Tangible assets
Current assetsJ{liabilities)
87,063
80,228
80,636
13,728
167,699
93,956
167,291
94,364
261.655
17 Related party transactions
Transactions with related parties
During the year the charity entered into the following transactions with related parties. relating to the supply of
services to key management personnel.
2024
2023
Supply of services
29,210
18,815
29,210
18.815
The remuneration of key management personnel relates to the supply of services by the Chief Executive
Officer and Trustee, Alison Homsby. The arrangement to pay this has been done in accordance with
paragraphs 34 to 37 of the Memorandum and Articles of Association of the charity.
In addition, during the year. a person dosely connected to a trustee was paid £22,267 (2023: £21,000} as an
employee of the charity.
17-