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← The Enterprise Centre Limited

2025-07-31-accounts

Charity registration number 1146938 (England and Wales) Company registration number 06613465

THE ENTERPRISE CENTRE LIMITED

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

THE ENTERPRISE CENTRE LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

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Trustees

Mr D Wright Dr AM Lawrence Ms AM Hornsby Ms T Harrison (Appointed 16 August 2024)

Secretary Ms AM Hornsby 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 Barlow Andrews LLP Carlyle House 78 Chorley New Road Bolton

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THE ENTERPRISE CENTRE LIMITED

CONTENTS

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THE ENTERPRISE CENTRE LIMITED TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 JULY 2025 eee

The trustees present their report and financial statements for the year ended 31 July 2025.

Chief Executive Overview

And here we are again, another year older and hopefully wiser. This year was memorable as it was our 10-year anniversary since the doors opened and we hosted an event which was visited by approximately 400 local residents. We had lots of fun activities, family games, bouncy castle and a brilliant Tombola. The event raised £548 for the cause. We tagged on my 65" anniversary, though don't be fooled by numbers, | won't be retiring. We were also invited to speak at the local Rotary group telling them the story of how we came to be. This resulted in them donating £500 and purchasing 2 multi seating benches for our community gardens worth another £600. St James Foundation donated another £3,500 to be used as match funding for our young people’s activities and a new company, AAB, donated £1,300 also to match against children’s activities.

Greater Manchester Combined Authority / Workers Education Association invited us to a closed bidding round to repeat the work we completed earlier in the year. We were happy to oblige and have already run 2 new programmes - one in partnership with ELR helping their staff secure permanents jobs and one women only project which was great. This secured another £19,600 to the organization and the project will finish in January 2026.

Our Alternative Provision has gone from strength and so we have recruited 2 new PT staff through our safer recruitment practice. One has years of experience working in special schools, probation and more recently in an SMEH school. The other is a qualified British Horse Society teacher and is now undertaking her Teaching Assistant Level 2. The additional staff have provided a new diversity that helps us to meet our students’ needs. This September we start our academic year almost full. As always, we stay small and beautifully formed, and we do not want more than 5 young people in on any 1 day as this brings 5 staff also.

At the time of writing we have just received news that we were successful in securing £17,000 from TNLCF which will help us to repair the worn away boardwalk and make the community gardens a destination visit for the local community.

The community needs our services more than ever as the figures on poor mental health are at an all-time high and young women struggling to recover from the isolation and being victims of social media bullying. Young people who are not entering work or further training is at an all-time high, possibly as an impactful result from the pandemic.

We have done lots of work on our website this year, www.theenterprisecentre.co.uk, hope you the reader enjoys the new look, please send us your comments via the portal, hello@theenterprisecentre.co.uk,

The social impact of our work continues to grow incrementally, and we look forward to another positive year ahead.

AM Hornsby Founder / Director 23.12.25

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THE ENTERPRISE CENTRE LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

eee 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 Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The Charitable Objects of the company are:

Each year the trustees review the objectives 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:

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 confidence. We will develop future entrepreneurs and build a culture of stepping up to success through action earning using nature 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.

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THE ENTERPRISE CENTRE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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At a glance 2024-5

CPD of staff: Safeguarding diploma level 3 , All staff safeguarding trained , 2 staff level 3 prevent, all staff prevent awareness.

All policies have been updated and amended and are now transparent on the web site The SCR has been amended in line with new DFE advice

This year we have already delivered 128 places for The Holiday Activity programme with a possible extra 32 for Christmas We have had 15 young people with SEND, SEMH or other neurodivergent disorders through our Alternative Provision

We have provided 45 places for girls 11-16 to attend our running wild with horses programme funded by Sports England

We have 30 mixed places on a Sunday morning which has been financed by donations from AAB and St James Foundation.

We have worked with 32 adults who attended a 10 week Focused future training funded by GMCA / WEA , comments from that include “life changing” “so worth the effort” and “I will never be able to thanks you enough”

Financial review At the year end, the charity had net expenditure of £3,318 (2024: net expenditure of £8,487) and held total unrestricted funds of £170,080 and restricted funds of £79,770. The free reserves of the charity stood at £72,844 (2024: £68,940) 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 six months’ expenditure. The trustees consider 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. The level of reserves required to meet this would equate to around £62,500, therefore the charity are currently adhering to the policy in place.

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.

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THE ENTERPRISE CENTRE LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Se

Next Year’s Focus

We continue as activists in the climate change programme seeking funds to inform and educate the community in better practices.

Secret garden continues to provide a Free resource to local schools wishing to use it.

We are expanding our provision of Equine Assisted Therapy.

The boardwalk and community gardens will be completed.

We will host 2 large events to promote the charity, celebrate ours and student's successes and where appropriate raise funds .

We plan to extend the women’s network to provide a safe and encouraging space for women of all ages to meet 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 and the local nursery uses it often when they pass with the children in Buggies. We continue our breakfast Sunday café which is manned by volunteers . 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 on toilets and washing facilities as well as with the gardens and animals.

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'/Directors' are as follows:

The charity is managed by its trustees. Full provisions regarding the powers and proceedings of the trustees can be found in the governing 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.

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The trustees' report was approved by the Board of Trustees.
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Trustee Dated: 23 December 2025

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THE ENTERPRISE CENTRE LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE ENTERPRISE CENTRE LIMITED

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| report to the trustees on my examination of the financial statements of The Enterprise Centre Limited (the charity) for the year ended 31 July 2025.

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. 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, | 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 | have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Paul Burton, Sa Barlow Andrews LLP

Carlyle House 78 Chorley New Road Bolton

Dated: 23 December 2025

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THE ENTERPRISE CENTRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2025

FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
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Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 96,656 23,019 119,675 59,095 57,096 116,191
Charitable activities 4 1,434 - 1,434 510 - 510
Total income 98,090 23,019 121,109 59,605 57,096 116,701
Expenditure on:
Charitable activities 5 80,333 44,094 124,427 53,618 71,570 125,188
Net
incoming/(outgoing)
resources before
transfers		 17,757 (21,075) (3,318) 5,987 (14,474) (8,487)
Gross transfers between
funds (14,135) 14,135 - (6,820) 6,820 -
Net income/(expenditure) for
the year/
Netmovement infunds 3,622 (6,940) (3,318) (833) (7,654) (8,487)
Fund balances at 1
August2024 166,458 86,710 253,168 167,291 94,364 261,655
Fund balances at 31
July2025 170,080 79,770 249,850 166,458 86,710 253,168

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.

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THE ENTERPRISE CENTRE LIMITED

BALANCE SHEET AS AT 31 JULY 2025

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2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 11 173,216 180,851
Current assets
Debtors 12 - 2,714
Cash at bank and in hand 77,934 70,682
77,934 73,396
Creditors: amounts falling due within 13
one year (1,300) (1,079)
Net currentassets 76,634 72,317
Total assets less current liabilities 249,850 253,168
The funds ofthe charity
Restricted income funds 14 79,770 86,710
Unrestricted funds 15 170,080 166,458
249,850 253,168

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 2025.

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 statements 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 otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, 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 23 December 2025

TrusteeMsAM Homsby AWE

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Company registration number 06613465 (England and Wales)

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THE ENTERPRISE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Sr

Charity information The Enterprise Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered office 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 governing 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 applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity 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 out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern 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 amounts 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 conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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1 Accounting policies

(Continued)

1.5 Resources expended

Expenditure is included on an accruals basis as a liability is incurred.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its services 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.

Governance costs are the costs of running the charity as a legal entity, and are primarily associated with constitutional and statutory requirements.

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 2% straight line and 25% reducing balance Fixtures and fittings 20% reducing balance Motor vehicles 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between 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 determine the extent of the impairment loss (if 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 party 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 settle 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 subsequently held at amortised cost.

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

1 Accounting policies

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(Continued)
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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 at 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 rate 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 services are received.

2 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 differ 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 where the revision affects both current and future periods.

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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3 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 7,487 - 7,487 3,950 - 3,950
Revenue grants from
government and public
bodies 89,169 23,019 112,188 55,145 57,096 112,241
96,656 23,019 119,675 59,095 57,096 116,191
Donations and gifts
Small donations
individually less than
£1,000 1,687 - 1,687 1,450 - 1,450
StJames Place 3,500 - 3,500 2,500 - 2,500
AABIE Charitable
Initiative 1,300 - 1,300 - - -
The DAnd L Charitable
Trust 1,000 - 1,000 - - -
7,487 - 7,487 3,950 - 3,950
Grants receivable for
core activities
Sport England - Running
Wild with Horses - 9,160 9,160 - - -
Bury Council, The Shaw
Education Trust, Oak
Learning Partnership and
other small unrestricted
donations 89,169 - 89,169 55,145 - 55,145
The National Lottery
Community Fund - - - - 9,900 9,900
BuryVCFA - 230 230 - 9,440 9,440
National Heritage Fund - - - - 13,570 13,570
Clothworkers Foundation - - - - 10,557 10,557
Workers Educational
Association - 13,629 13,629 - 13,629 13,629
89,169 23,019 112,188 55,145 57,096 112,241

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable activities
Sales within charitable activities 1,434 510
5 Expenditure on charitable activities
Charitable
activities		 Charitable
activities
2025 2024
£ £
Direct costs
Staffcosts 27,523 25,568
Depreciation and impairment 10,405 10,783
Travel and subsistence 1,534 1,926
Consultancy 25,131 34,310
Animal expenses 13,099 14,092
Bank charges 382 359
Cafe expenses 5,338 4,633
Rates and water charges 711 650
Light, heat and power 5,878 2,395
Repairs and maintenance 5,259 6,068
Telecommunications and internet 1,581 1,297
Printing, postage and stationery 661 1,163
Stafftraining - 102
Sundry expenses 19,859 16,352
Liability and contents insurance 4,525 4,223
121,886 123,921
Share ofsupport and governance costs (see note 6)
Governance 2,541 1,267
124,427 125,188
Analysis byfund
Unrestricted funds 80,333 53,618
Restricted funds 44,094 71,570
124,427 125,188

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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6 Support costs

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|||||||||| |---|---|---|---|---|---|---|---|---| |Support|Governance|2025|2024|Basis|of allocation| |costs|costs| |£|£|£|£| |Independent|examiners|Governance| |fees|-|2,541|2,541|1,267| |Consultancy costs|Consultancy time|spent| |on|projects|and|external| |25,131|-|25,131|34,310|accounting|function| |25,131|2,541|27,672|35,577| |Analysed|between| |Charitable|activities|25,131|2,541|27,672|35,577| |7|Net movement|in funds|2025|2024| |£|£| |The|net|movement|in|funds|is|stated|after|charging:| |Fees|payable|for the|independent|examination|of the|charity's|financial| |statements|2,541|1,267| |Depreciation|of owned|tangible|fixed|assets|10,405|10,783|

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8 Trustees

The Chief Executive Officer and Trustee, Alison Hornsby, received remuneration from the charity in accordance 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.

9 Employees

The average monthly number of employees during the year was:

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||||||| |---|---|---|---|---|---| |2025|2024| |Number|Number| |Administrative|and|management|staff|2|2| |Employment|costs|2025|2024| |£|£| |Wages|and|salaries|27,523|25,568|

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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.

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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11 Tangible fixed assets
Freehold land Fixtures and Motor Total
and buildings fittings vehicles
Cost £ £ £ £
At 1 August2024
Additions		 184,602
2,210		 51,080
560		 4,495
-		 240,177
2,770
At31 July2025 186,812 51,640 4,495 242,947
Depreciation and impairment
At 1 August2024
Depreciation charged in theyear		 24,175
6,788		 34,870
3,354		 281
263		 59,326
10,405
At31 July2025 30,963 38,224 544 69,731
Carrying amount
At31 July2025 155,849 13,416 3,951 173,216
At31 July2024 160,427 16,210 4,214 180,851
12 Debtors
2025 2024
Amounts falling duewithin oneyear: £ =
Prepayments andaccrued income - 2,714
13 Creditors: amountsfalling duewithin oneyear
2025 2024
£ £
Accrualsanddeferredincome 1,300 1,079

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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14 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 August
2024		 Incoming
resources		 Resources
expended		 Transfers At31 July
2025
£ £ £ £ £
The Clothworkers' Foundation
Social capital
Sport England - Running Wild		 10,363
2,070		 -
-		 (194)
(737)		 -
-		 10,169
1,333
with Horses
BuryVCFA
Workers' Educational		 -
209		 9,160
230		 (5,370)
(4,618)		 -
4,179		 3,790
-
Association
Veolia
Sport England -Community		 1,167
13,480		 13,629
-		 (16,714)
(1,546)		 1,918
-		 -
11,934
AssetFunds
National Heritage Fund
Climate control fund
The National Lottery		 50,224
-
7,196		 -
-
-		 (1,667)
(6,954)
(3,209)		 -
6,954
-		 48,557
-
3,987
CommunityFund 2,001 - (3,085) 1,084 -
86,710 23,019 (44,094) 14,135 79,770
Previous year: At 1August
2023		 Incoming
resources		 Resources
expended		 Transfers At 31 July
2024
£ £ £ £ £
The Clothworkers' Foundation - 10,557 (194) - 10,363
Social capital
BuryVCFA		 2,991
-		 -
9,440		 (921)
(9,231)		 -
-		 2,070
209
Workers' Educational
Association
Veolia		 -
15,349		 13,629
-		 (12,462)
(1,869)		 -
-		 1,167
13,480
Sports England 51,891 - (1,667) - 50,224
National Heritage Fund 3,543 13,570 (19,282) 2,169 -
Steel Trust Foundation 9,664 - (14,315) 4,651 -
Climate control fund 10,405 - (3,209) - 7,196
Duchy of Lancaster Benevolent
Fund 521 - (521) - -
The National Lottery
Community Fund - 9,900 (7,899) - 2,001
94,364 57,096 (71,570) 6,820 86,710

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THE ENTERPRISE CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

eee 14 Restricted funds (Continued)

Social capital - To develop the inside of the new training room to include new floor, kitchen, decorating and furnishing the same.

Veolia - Build secret garden project using junior board volunteers, contractors and volunteers.

Sport England - Community Asset Funds - Build a new purpose built training room Sport England - Running Wild with Horses Fund - Equip girls aged 10 -16 with the skills to walk, dance and play with non-backed ponies, horses and other animals

ESF - To fund wages, mentoring and costs for students on ESF projects.

Climate control fund - Reduce the charity's carbon footprint.

Duchy of Lancaster Benevolent Fund - Fund refreshments for the Step Up Programme.

The National Lottery Community Fund - Fund the Menopause Programme.

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. Running Wild with Horses - Fund the Focus Your Future Programme.

15 Unrestricted funds

The unrestricted funds of the charity 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
2024		 Incoming
resources		 Resources
expended		 Transfers At31 July
2025
£ £ £ £ £
General funds 166,458 98,090 (80,333) (14,135) 170,080
Previous year: At 1August
2023		 Incoming
resources		 Resources
expended		 Transfers At31 July
2024
£ £ £ £ £
Generalfunds 167,291 59,605 (53,618) (6,820) 166,458

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THE ENTERPRISE CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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16 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
At 31 July 2025: £ £ £
Tangibleassets
Currentassets/(liabilities)		 97,236
72,844		 75,980
3,790		 173,216
76,634
170,080 79,770 249,850
Unrestricted Restricted Total
funds funds
2024 2024 2024
At 31 July 2024: £ £ £
Tangible assets
Currentassets/(liabilities)		 97,518
68,940		 83,333
3,377		 180,851
72,317
166,458 86,710 253,168

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.

2025 2024
£ £
Supply ofservices 20,744 29,210
20,744 29,210

The remuneration of key management personnel relates to the supply of services by the Chief Executive Officer and Trustee, Alison Hornsby. 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, the charity incurred wage costs totalling £24,800 (2024: £22,267), relating to an employee of the charity who is closely connected to a trustee.

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