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2025-05-31-accounts

The New Blendworth Centre Limited

(A Company limited by guarantee)

Report of the Trustees and Financial Statements for the Year Ended 31[st] May 2025

Charity Number: 1152182 Company Number: 6601869

The New Blendworth Centre Limited

(A Company limited by guarantee)

Financial Statements for the year ended 31[st] May 2025

Contents

Legal and administrative information 1
Report of the trustees 2 – 7
Independent examiner’s report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 16

The New Blendworth Centre Limited Report of the Trustees for the year ended 31[st] May 2025

Reference and administrative information

Charity name: The New Blendworth Centre Limited Charity registration number: 1152182 Registered company number: 6601869 Registered office and Blendworth Lane operational address: Horndean Waterlooville Hampshire PO8 0AA

Board of trustees:

Mr J. Crowter (Chair) Mr M.A. Wills Mrs B.A. Riley Ms K.M. O’Brien Mr J.R. Tickell Mr D. Humphries (appointed on 13 November 2024)

Secretary

Mrs J.B. Plested

Senior management team

Ms E.A. Smout Mr M.A. Wills Mrs T. H. Jakovljevic

Independent examiner – Alasdair Weaks, TC Group, TC SWP Ltd, Suffolk House, George Street, Croydon, Surrey, CR0 0YN

Page 1

The New Blendworth Centre Limited Report of the Trustees for the year ended 31[st] May 2025 – continued

The trustees who are also directors of the Charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 31st May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Our Aims and Objectives

Purposes and aims.

Our Charity’s purpose and aims are set out in the objects contained in the company’s Memorandum of Association.

The New Blendworth Centre is a day provision for adults with varying degrees of learning difficulties/disabilities.

The Centre continues to promote the cause of adults with learning difficulties/disabilities, by enabling those people to develop individual aims, achieve those aims and in so doing gain self-respect, confidence and selfesteem within a semi-sheltered work orientated environment. This is achieved by the following therapeutic activities:

Horticulture

Within the Centre grounds there is a small nursery outlet with many polytunnels, prop houses and potting sheds, which facilitates the beneficiaries’ daily activities. These activities range from seed sowing, plant cuttings, potting on and cleaning stock as well as generally keeping the nursery and display areas clean and tidy. The end product of these activities can be purchased by the general public in our nursery shop.

Outreach

Outreach garden maintenance activities are undertaken by small, supervised teams within the local community. Supervised teams also deliver leaflets within the local community for businesses and local parish councils.

Ensuring our work delivers our aims

We review our aims, objectives, and activities each year. This review looks at what we achieved and the outcomes of our work in the previous twelve months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help.

The review also helps us ensure our aims, objectives and activities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

The focus of our work

Our main objective for the year continued to be promoting and supporting the cause of people with learning difficulties. The strategies we used to meet these objectives include:

Page 2

The New Blendworth Centre Limited

Report of the Trustees for the year ended 31[st] May 2025 - continued

How our activities deliver public benefit

The activities described above provide a full day’s occupation which not only develops the skills and selfesteem of our beneficiaries but enables them to appreciate the wider community who work with us on a daily basis as we deliver leaflets, carry out ground’s maintenance for the local community and interact with the general public who visit us.

Achievements

In early 2024 the Trustees discussed the potential and feasibility of rebuilding the centre with a new building that would both futureproof the charity and make the new building both more user friendly and more environment friendly.

It was agreed amongst the Trustees that in order to get a better understanding of costs to undertake this project that we would have to spend money on the necessary works required to get to this stage, we would then know if the project was feasible from a fundraising perspective and also if the application would be accepted or meet with objection from the local planning authorities and community.

A meeting was then arranged with architects Re-Format to discuss the idea of how the potential new building would look and what works would be required to be undertaken regarding surveys etc to get the Charity in a position where we could apply for planning.

Various meetings followed throughout the year with architects, surveyors and the local authority. The relevant surveys were undertaken which included ecology and tree surveys with also a building survey and landscape design survey to meet the criteria to submit firstly a pre planning application followed by a full planning application later, after initial thoughts were considered arising from the pre planning application.

We were also furnished with an estimated cost to complete the building based on the design by the architects, this estimate was given by Ascia Construction and was based on costs at the time the estimate was given, and this was roughly £1.5 million pounds. The benefits of a new purpose built building would not only serve the charity for many years to come, but would also have facilities for wheelchair users, a designated first aid room and also utilise solar power to generate our own electricity and water harvesting for the garden nursery outlet, we feel that a new building would also appeal more to potential new service users and also local authorities looking to place their clients.

In October 2024 a full planning application was lodged on behalf of the charity by Richard Goodall of Advoco planning and in March 2025 the Charity was granted full planning permission. With full planning permission now granted the attention will focus on how we potentially raise the significant amount to cover the build costs and realise the dream of a new Building.

The Charity has also undertaken with a Health and Safety consultant, bespoke training courses in Health and Safety in the workplace and manual handling for all beneficiaries. This was delivered in an easy-to-understand format and was enjoyed by all the beneficiaries who also received a competence certificate at the end of it. This is something the charity aim to undertake on a biannual basis.

Page 3

The New Blendworth Centre Limited

Report of the Trustees for the year ended 31[st] May 2025 - continued

Total review of all Health and safety procedures and HR with staff handbook etc being updated. This has led to a major awareness for both staff and beneficiaries alike both at the centre and activities undertaken away from the centre. Signage, Health and Safety policy, risk assessments, staff handbook, HR policy and staff training have been reviewed to keep abreast of legislation. Training in the form of toolbox talks for all beneficiaries has also been introduced for awareness.

The Charity continues to be held with great affection within the local community, with many positive comments and support from both existing and new customers who access our services for garden maintenance or nursery customers purchasing plants. Many of our customers have great interaction with the beneficiaries at the centre or when out doing our garden maintenance, this in turn has a positive effect on our beneficiaries with social interaction and the feeling of self-worth that they may otherwise not experience.

The Charity as always will continue in its aim to ensure that all beneficiaries have both the freedom and confidence to thrive in a safe and managed environment and ensure that both parents and carers are given the help and support they so valuably deserve.

The number of beneficiaries at the Charity is currently forty-five, an increase of three since last year. Our current staffing levels are nine and made up of four full time equivalents and five part time. The trustees feel that this is acceptable for the day to day running of the Charity.

Financial review

Principal funding sources

We continue to work in close co-operation with Hampshire County Council Social Services department. Their continuing sponsorship of the beneficiaries’ placements contributes greatly to the provision of the appropriate facilities and opportunities that we offer.

Performance

Incoming resources for the year were £454,522 (2024: £442,287), with total resources expended of £423,429 (2024: £407,342).

Financial position

At 31[st] May 2025 the Charity held fixed assets of £43,626 (2024: £55,543) and cash at bank of £291,077 (2024: £261,048). Total funds were £360,320 (2024: £329,227).

Reserve policy

The trustees aim to maintain free reserves at a level of six months’ income. This is to ensure that we can continue to provide services to our beneficiaries in the case of a lack of, or change in pattern of, funding. This would also provide sufficient resource to cover the winding down costs should the Charity be unable to continue. Whilst our current reserves are greater than this, the trustees are budgeting for future staff salary increases, a general increase in operating costs and planned future investment in the Charity’s premises.

Page 4

The New Blendworth Centre Limited Report of the Trustees for the year ended 31[st] May 2025 – continued

Plans for the future.

The focus as always will be on improving the Charity facilities that are on offer to our beneficiaries. These will include improvements around the Centre to enhance the beneficiary experience. Some of the main investments will be to maintain the following.

Structure, governance and management.

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 23[rd] May 2008 and registered as a charity on 24[th] May 2013. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment of trustees

The directors of the company are also Charity trustees for the purposes of charity law and under the company’s Articles are known as members of the board. Under the requirements of the Memorandum and Articles of Association, the members of the board are elected to serve for a period of three years after which they must be re-elected at the next annual general meeting.

Trustee induction and training

Most trustees are already familiar with the practical work of the Charity, having been encouraged to interact with the day to day running of the Centre. The Charity has an open door policy to all members.

New trustees are invited and encouraged to attend a short training session to familiarise themselves with the Charity and the context in which it operates. This will include the following:-

Page 5

The New Blendworth Centre Limited

Report of the Trustees for the year ended 31[st] May 2025 - continued

Risk management

The board has conducted a review of the major risks to which the Charity is exposed, which is reviewed on an annual basis. In particular, all staff and volunteers have undergone relevant checks and training appropriate to working with vulnerable people.

Organisational structure

The New Blendworth Centre Limited has a board of trustees, the number of which shall not be less than three who meet every four months, who are responsible for the strategic direction and policy of the Charity. At present, the board has six members from a variety of professional backgrounds relevant to the work of the Charity.

The Centre manager and senior management team have responsibility for the day to day operational management of the Centre, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.

Related parties

The New Blendworth Centre Association (The Association) is a separate entity with different controlling personnel and was set up primarily to support The New Blendworth Centre. The Association's sole purpose is to own the freehold of the land on which the Centre can operate in perpetuity at no rent. The Association organises and holds fundraising activities in support of the Charity and also organise social activities for the Charity's beneficiaries, their families and friends.

Responsibilities of the board of trustees

The board (who are directors for the purpose of company law and trustees for the purpose of charity law and are set out on page one) is responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Charity’s trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the board of trustees is required to:

Page 6

The New Blendworth Centre Limited

Report of the Trustees for the year ended 31[st] May 2025 - continued

Responsibilities of the board of trustees (continued)

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 19 February 2026 and signed on its behalf by:

Mr M.A. Wills – Trustee

Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NEW BLENDWORTH CENTRE LIMITED

I report on the accounts of the charitable company for the year ended 31st May 2025, which are set out on pages 9 to 16.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Alasdair Weaks ACA TC Group TC SWP Ltd Suffolk House George Street Croydon Surrey CR0 0YN

Date: 19 February 2026

Page 8

THE NEW BLENDWORTH CENTRE LIMITED (LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31st MAY 2025

Income and expenditure account
Notes
Income
Donations and legacies
Income from charitable activities
Funding from Social Services
Income from other trading activities
Plant sales
Contract gardening work
Investment income and interest
Total income
Expenditure on charitable activities:
Operation of day centre
2
Total expenditure
Net income
Transfers between funds
Net movement in funds for the year
Total funds brought forward
Total funds carried forward
Unrestricted
Restricted
funds
funds
£
£
3,841
12,658
343,658
-
58,337
-
27,409
-
8,619
-
Total
2025
£
16,499
343,658
58,337
27,409
8,619
454,522
423,429
423,429
31,093
-
31,093
319,227
350,320
Total
2024
£
24,638
332,523
54,832
29,156
1,138
441,864
12,658
442,287
404,753
18,676
407,342
404,753
18,676
407,342
37,111
(6,018)
34,945
-
-
-
37,111
(6,018)
319,227
10,000
34,945
294,282
356,338
3,982
329,227

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

The notes on pages 11 to 16 form part of these financial statements

Page 9

THE NEW BLENDWORTH CENTRE

(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

BALANCE SHEET AS AT 31st MAY 2025

Notes
Fixed assets
Tangible assets
5
Debtors
6
Cash at bank and in hand
Total current assets
Liabilities
Creditors falling due within one year
7
Net current assets
Total assets less current liabilities
The funds of the charity:
Unrestricted funds
8
Restricted funds
8
£
£
43,626
40,434
291,077
331,511
(14,817)
316,694
360,320
356,338
3,982
360,320
2025
£
£
55,543
35,988
261,048
297,036
(23,352)
273,684
329,227
319,227
10,000
329,227
2024
£
£
55,543
35,988
261,048
297,036
(23,352)
273,684
329,227
319,227
10,000
329,227
2024
329,227
319,227
10,000
329,227

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The trustees have prepared these accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The financial statements were approved by the board of trustees on 19 February 2026 and were signed on its behalf by:

Mr M.A. Wills - Trustee

The notes on pages 11 to 16 form part of these financial statements

Page 10

THE NEW BLENDWORTH CENTRE LIMITED (LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

1 ACCOUNTING POLICIES

Basis of accounting

The charitable company is a public benefit entity and has prepared its financial statements in accordance with 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 1st January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The charity has taken advantage of exemptions available within Update Bulletin 1 of FRS102 and has not prepared a statement of cash flows.

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. After making enquiries, the trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

Fund accounting

General funds are unrestricted funds which are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity that the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors. The aim and use of each restricted fund is set out in the notes to the financial statements.

Income recognition

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income, there is sufficient certainty that receipt of the income is considered probable and that the amount can be measured reliably.

Voluntary income received by way of grants, donations and gifts is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Page 11

THE NEW BLENDWORTH CENTRE LIMITED (LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

1 ACCOUNTING POLICIES - cont.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Costs of generating funds comprise the costs associated with attracting voluntary income.

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and the associated support costs.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor vehicles 25% reducing balance Plant & machinery 25% reducing balance Computer equipment 25% reducing balance

Debtors

Trade and other debtors are recognised at the settlement amount due after trade discounts offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. As there are currently no long term financial instruments, the transaction value and settlement value will be the same.

Page 12

THE NEW BLENDWORTH CENTRE LIMITED

(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

2 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Unrestricted
Restricted
£
£
Horticultural supplies
29,637
-
Transportation costs
30,692
-
Equipment maintenance and running costs
11,895
-
Centre maintenance & upgrade costs
10,396
-
Staff salaries
246,399
-
Staff pension contributions
4,614
-
Protective clothing
534
-
Waste removal
1,716
-
Other beneficiaries costs
3,500
-
Depreciation
13,903
-
Loss / (profit) on disposal of assets
-
-
Rent & rates
5,921
-
Light & heat
10,746
-
General, office & communications
6,432
-
Insurance
14,613
-
6,401
-
Trustees' indemnity insurance
726
-
Professional fees
5,249
-
Bank charges
1,379
-
New building feasibility study
-
18,676
404,753
18,676
3
SURPLUS FOR THE YEAR
The result for the year is stated after charging/(crediting):
Depreciation of tangible fixed assets
Loss / (profit) on disposal of assets
Independent examiner and accountancy fees
Examiner's fees
Accounts preparation
4
Wages and salaries
Social security costs
Pension costs
STAFF COSTS
Accountancy & book keeping
Total
Unrestricted
£
29,637
30,692
11,895
10,396
246,399
4,614
534
1,716
3,500
13,903
-
5,921
10,746
6,432
14,613
6,401
726
5,249
1,379
-
Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
18,676
Total 2025
£
29,637
30,692
11,895
10,396
246,399
4,614
534
1,716
3,500
13,903
-
5,921
10,746
6,432
14,613
6,401
726
5,249
1,379
18,676
Total 2024
£
33,056
28,711
12,295
13,230
235,640
3,851
830
2,280
4,076
18,132
142
3,942
20,572
3,245
15,301
6,069
719
3,762
1,489
-
404,753 18,676 423,429 407,342
2025
£
13,903
-
800
2,712
2024
£
18,132
142
715
2,510
2025
£
233,753
12,646
4,614
2024
£
222,994
12,646
3,851
251,013 239,491

The average monthly number of full and part-time, temporary and permanent staff for the period was:

Direct and administrative activities
No employees were paid at a rate of over £60,000 per annum.
9 10

Page 13

THE NEW BLENDWORTH CENTRE LIMITED

(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

5
TANGIBLE FIXED ASSETS
Computer
Equipment
£
Cost
Opening balance
1,040
Additions
-
Closing balance
1,040
Depreciation
Opening balance
440
Charge for the year
150
Closing balance
590
Net Book Value
At 31st May 2025
450
At 31st May 2024
600
6
DEBTORS
Trade debtors
Other debtors
VAT
Prepayments and accrued income
7
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and taxes
Other creditors and accruals
8
STATEMENT OF FUNDS
At 1st June
2024
Income
£
£
Restricted funds
New building
10,000
12,658
Unrestricted funds
General fund
319,227
441,864
Total funds
329,227
454,522
Motor
vehicles
£
123,971
-
123,971
83,533
10,110
93,643
30,328
40,438
Expenditure
£
(18,676)
(404,753)
(423,429)
Plant &
machinery
£
136,318
1,986
138,304
121,813
3,643
125,456
12,848
14,505
2025
£
35,366
1,133
-
3,935
40,434
2025
£
7,703
3,250
3,864
14,817
Transfers
£
-
-
-
Total
£
261,329
1,986
263,315
205,786
13,903
219,689
43,626
55,543
2024
£
33,567
-
-
2,421
35,988
2024
£
10,576
3,934
8,842
23,352
At 31st May
2025
£
3,982
356,338
360,320

The general fund represents the free funds of the charity which are not designated for particular purposes.

The restricted new building fund is for the investigative costs associated with determining costs and feasibility of potentially building a new all-purpose building.

Page 14

THE NEW BLENDWORTH CENTRE LIMITED (LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

9 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Income
Donations and legacies
Funding from Social Services
Income from other trading activities
Plant sales
Contract gardening work
Investment income and interest
Total income
Expenditure
Expenditure on charitable activities:
Operation of day centre
Total expenditure
Net income
Transfers between funds
Net movement in funds for the year
Total funds brought forward
Total funds carried forward
Unrestricted
Restricted
funds
funds
£
£
4,638
20,000
332,523
-
54,832
-
29,156
-
1,138
-
Total
2024
£
24,638
332,523
54,832
29,156
1,138
422,287
20,000
442,287
407,342
-
407,342
407,342
-
407,342
14,945
20,000
34,945
10,000
(10,000)
-
24,945
10,000
294,282
-
34,945
294,282
319,227
10,000
329,227

Page 15

THE NEW BLENDWORTH CENTRE LIMITED

(LIMITED BY GUARANTEE) (REGISTERED NUMBER: 06601869)

NOTES TO THE ACCOUNTS - 31st MAY 2025

10 ANALYSIS OF NET ASSETS BETWEEN FUNDS

YSIS OF NET ASSETS BETWEEN FUNDS
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31st March 2025
Unrestricted
funds
£
43,626
327,529
(14,817)
Restricted
funds
£
-
3,982
-
Total
£
43,626
331,511
(14,817)
356,338 3,982 360,320

11 TRUSTEES REMUNERATION AND EXPENSES

One of the trustees, Mr M Wills, works at the Centre. He receives no remuneration for acting as a trustee, but is paid a salary of £43,619 for his work with the beneficiaries. Mr Wills worked with the organisation for many years prior to the Centre becoming a charity. Following discussions with the Charity Commission when registering as a charity, the board of trustees felt that the knowledge and experience that Mr Wills has would be invaluable to the board and vital to the development of the Centre. The board review this situation on a regular basis to ensure that the arrangement continues to be in the best interest of the charity and its beneficiaries. No other trustees receive any remuneration or benefits.

During the year, no travelling expenses (2024 - nil) were reimbursed to the trustees for travelling to board meetings.

12 COMPANY LIMITED BY GUARANTEE

The New Blendworth Centre is a company limited by guarantee and has no share capital. Every member of the company undertakes to contribute up to £1 to the assets of the company, if it should be wound up, for the payment of the liabilities of the company.

13 RELATED PARTIES

The New Blendworth Centre Association (The Association) is a separate entity with different controlling personnel and was set up primarily to support The New Blendworth Centre. The Association has a common trustee with the Charity. The Association's sole purpose is to own the freehold of the land on which the Centre can operate in perpetuity at no rent. The Association organises and holds fundraising activities in support of the charity and also organise social activities for the charity's beneficiaries, their families and friends.

Due to the nature of the land and the use to which it is put, measuring the amount of economic benefit received by the charity would be difficult to assess with any degree of accuracy without incurring significant costs. No value has therefore been attributed to the provision of rent free accommodation received from The Association.

The Association uses the charity's facilities for their general meetings and have a store room on the site for which no charge is made.

During the year, the Charity received £570 (2024: £570) general donation from the Association and £12,568 (2024 - £10,000) from Mr Andy Williams, the Chair of the Association, to fund a feasibility study into potentially constructing a new all-purpose building at the Centre.

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