REGISTERED COMPANY NUMBER: 08319680 (England arKI Wales REGISTERED CHARITY NUMBER: 1153521 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 FOR ST FRANCIS YOUTH AND COMMUNITY CEpifRE (A COMPANY LIMITED BY GUARANTEE) Prime Chartered Accountants 161 N&thall Street Bimiir¥Jham B3 1SW ST FRANCIS YOUTH AND COMMUNITY CENTrE CONTENTS OF THE FINANCIAL sTATEME￿[s FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees 1 to 4 Independent Examinèrfs Réport Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9 to 16 ST FRANCIS YOLrrH AND COMMUNlf( CENTRE (REGISTERED NUMBER: 08319680) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of the charity for ￿ purposes of the Companies Act 20￿. present their report with the financial statements of the chanty for the year ended 31 March 2025. The tnjstees have ad¢JPted the provisions of Accounting arKI ReportiTrJ by Chwities". Statement of Recommended Practice applicable to charities preparing their acccwjnts in accordan￿ wtth the Financial Repc<(ing Standard applicable in the UK ￿ Republic cl Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVrnES Objects The chaiity's objects for the public b￿)erIt are spear￿￿ty restricted to the fokniirKJ'. to further or b8nefrt prim￿llY (Ixrt not linyted to) those resKJing in or the Parish cl St Francis, Boummlle without dists'nction of sex. séxual orientation. rxe or political. religious or other opinijns by associating tryJether the residents a￿1 thal authoribes, voluntary or cther organisations in a common effort to advance educalior) and to provide fa¢ilities in the interests of S￿lar wdfare for rec*eats"on leisure time occupation with the objectNe of improving the condrtions of lrfe for residents and part￿uIartY {Ixrt without limitation) for you people. Main Activities The rna￿ xtivities are the provBion of After Schocl and Hdmjay Clubs (K@Boom). Boumville Youth Club aTr the Friday Lunch Club organised by the Cenlre. In addit￿n, faulrties we providgj for groups inVo￿ed in the care of young persons olhers in aCC(*dar￿ Mth the above objects. Specifically this ircludes Hopscotch Pr&schcd, aju￿ bisure dasses. Ihe Rrta Cashnjxe of a￿1 a weekty drcp in Art based café. Publlc benefrt The Directorsttrustees have gNen tareful congderatKffi to the Charty Commission's general gU￿arKe on public benefit and the Centre furthers rts objects for the benefit as descrtled above. ACHIEVEMENT AND PERFORMANCE The income for the year ￿0￿nted to £262.307 {2024 - £227.279) and comprised p￿181 fees, grants and rental for the use of the Centre. Akso included in this is other Ir￿lme of £5.000 (2024 - £5.tMJO), wh￿h is ma up of Employment All¢Jvance. Expenditure was £247.570 (2024 - £227.674) duri￿ the year yth￿h prcrfJu¢ed a surplus of £14.737 (2024 deficit £395) bef￿e nel hjss ￿ investrnents of £712 {2024- gain crf £1,4e6). At 31st March 2025 the net assets £163,244 (2024 ~ £149,279). This fig￿6 represented Unrestricted Funds of £48.271 (2024 - £39,742) ￿u$ ReStr￿￿j Funds of £7.259 (2024 - £12,848}. Thé Restricted Funds are for the Friday Lunch Club, to ensu￿ tts continuaion to provid8 a weekly meeting atNJ lunch venue for the elderly, for the Youth Club to further dev81op work wrth ￿ yOLth sectcrf and for Pop Up Art. The Duke of Edinburgh Award Scheme was wound dwn ￿K1 dosed durwo ￿ preViC￿ Y￿r. There are also Desynated Funds of £107,71412024 - £S6,6891 which cOn5￿ts of a 3 mnth ￿elational cost reserve of £50.OC￿l2o24 - £50,fA)0). £10.082 (2024 - £17.659) Y￿ fund. £8,34712024 - £1,317) lunch dub, and £24,285 (2024 - £17.713) for p￿nDed maintenance projects. In 2023, the Trustee's approved the creat￿n of a designated fund. The Renewal fund is intended to be used as a sinkiro fvnd for Ihe arrtripated refvment of th8 Centres he￿.ng system. At 31st March 2025 the fund sttjjd at £15.000 {2024 - £10,000). FINANCIAL REVIEW Principal funding sourcés The Charity's principal funding source is income from the pr￿ls￿)n of after xh¢)ol arKI holiday dubs. Investment poltcy and objectives The Charity's investrnent relates to shareholthng Ni the CBF Church of Eng￿d Investmenl Fund. At the bala￿e sheet date the Charity's inveslnwt F*Jffolio had a matket value of £17.149. ST FRANCIS YOUTH AND COMMuMf( CEKfRE (REGISTERED NUMBER: 08319680) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Reserve5 pollcy As stated alxjve the Unrestri￿ and design*J funds to £155,985 at 31st March 2025 (2Q24 - £136,431) The general fuThJ is the working caprtal of the Centre. The desiWed funds ￿ as follows.. Mantenarte- For planned Maintenan￿ prq'e(ts and regular Maintenan￿ neets of the Centre. 3 Month Operating Reserve - This woukl cover all cthing dcvm, operati)nd and r8durKlancy costs of the Centre for 3 months, shoukl the business have to cease. Youth Fund - To further deveky V&￿rk Virylh the Y￿ sedor. LutKh Club - DeswJnated fuTrJs ts the Friday Lunch cl￿ in aJditMM to the restricted furKI for the sam8 purpjse. Ren￿al FU￿ - For ant￿pated repl￿￿ of the Centre's heating systwn ¥Jd other significant prO[￿ty renewals. Ail the fijnds are summansed in ncrte 12. The diredorsrtrustee5 C(Xk8ider the general fund of £48,271 {2024 - £39,742) is an appropriate level of reserves subje# to th8 w*Jbtional d￿￿3nated funds. which the direclorsnnjstees keep under constant rewtw. Des￿￿natIonS frorn the general unrestricted fund into the Youth fund. Lunch Club fund, maintenance fund and renewal fund were made by the Trustees during the year to continue to invest in and dev81op the stated objects of the chafrty. STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document etc The organisation is a charitable company limited by guarantee, incorporated on 5th Dewnber 2012 aNI registered as a charty on 23rd August 2013. The CoMp￿Y began trading on 1st April 2015. The company was established under a Memorandum of Asgxiation whth estsblished the objects powers of ihe Charitable Cory)any and is govemed under rts Art￿leS of AssCtiat￿n. In the event of t1￿ c(xnpany being wound up, memtets are required to contribLrte exce&Jing £1. Recruitment and appolntment of Directors and Trustees The Directors of the company are also chanty trustees for the purposes of chaiTty law and under the company's Articles are known as chavity methrs. The bowd ccffiprises up to seven directorsltrustees appointed by Ihe Parochial Church CwrKil, up to seven direct￿SAIustees appointed by the Lyjard and the VI￿ of St Francis Bcrtjrnville. AN directorsltrustees of the charilable conwany give their tyne vo1untsri￿ and ￿1Ved no banefks from the Charity. Any expenses reclaimed from the charty are set ¢JJt in Th)te 5 to the finawal Stat￿nentS. Organisational structure The charity 15 small. administratK>n being carr*d CArt by ￿tre staff, ￿rseen by the directorsftrustees who meet 5-6 times through thè year. Risks The directorsnrustees have a duty to pjentify a)d review the risks to ￿lch the charitable company is ew05ed and to ensure apprcpriate controls are in pl￿e lo provKle reasonable ￿suranCe against fra￿1 and error. There are no m8ior risks tdentttied by the dIrect￿￿￿ee5. Pa3e 2 ST FRANCIS YoufH AND C(XIIMUNtrf CENTRE {REGISTERED NUMBER: 08319680 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND IIANAGEMENT Pay Policy for Senior Staff The directors consider the board cl d￿￿t(￿s, are the Ch*ity'S tfustees. wjd the senior management team ccmprise the key management Fersonnel of the charTty of directing and controlling, running arKI operating the Charty on a day to day basis. All directc4s giv6 of the￿ time fr* and m diraaor received remuneration in the year. pay of sen￿r staff revi8W8d *)nually and r￿nalty wKreased n accotdanc8 With average eamings. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08319680 (England and Wales) RegiSte￿d Charity number 1153521 Regtstered office Sycamore Road Boumville Birmingham United Kingd B30 2A4 Trnstees Rev Canon R M +ltharton MrWG Rice MrJ D Pickup Mr P E Penrose Mrw D Mason Ms T MrfEchell Mr RA L Wilford Mrs R Sangha Mr D R Thomas Mr A Mclntosh Chair Vice Chair Board Appcintee PCC Appointee PCC AptK)intee Board Appointee PCC Appointee Board Appointee PCC Appointee Board Apw"ntee ReS￿ned 18 March 2025 ReS￿ned 18 March 2025 App)inted 18 March 2025 Inde￿ndent Examlner Prime Chartered AcCoUn￿ts 161 Newhal Street Bim)ingham B3 1SW Bankers Lloyds Bank Plc, University of Bimingham. Birningham Company and Minuts Secretary Carol Glynn Finance manag•r Joanne Else Page 3 ST FRANCIS YOUTH AND COMMUN￿ CENTrE IREGISTERED NUMBER: 08319680) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 This report has been prewed in aLX￿d￿ wrth th8 Spe￿al provisi￿S crf Part 15 of the Companies Act 20(￿ relating to smal ccffipanies. Approved by order of the board of trustees on . ned on tts behalf by: Rev Cano rton - Tiustee Page 4 INDEPENDENT EXAMINER'S REpoiif TO THE TRUSTEES OF ST FRANCIS YOLTfH AND COMMUMTY CEPrniE (REGISTERED NUMBER: 08319680 Independent examinerfs report to thè trustees of St Francis Y(xrth And C(xnmunlty Centre llhe Ccxnpany.) I report to the charity trustees on my e￿in￿￿ the ￿zAInts of the Company the year ended 31 March 2025. Res￿1nsiblIIties and basis of report As the charty's tfustees the C(Ynpany land also its diredors for thè purposes of company lawl you are responsible foi the prep￿ation of the accounts in accordan￿ vAth the requirements of the Companies Act 20￿ Ilhe 20tE Act.). HaviThJ satisfied myself that the ￿COunts of the Ccyryary *e not required to be audtted undèr Part 16 of the 2006 Act and are eligib￿ for independent examinatK)n, I report in respect of my examination of your ¢haritls accounts as carried out under seCt￿n 145 of the Chaiittes Ad 2011 {Ihe 2011 Ad). In carying out my examination I have fdlowed the Directions given by the Charity CorrrnissK>n under Section 145{5) (b) of the 2011 Act. Independent examinerfs statement Sirte your chartvs gross income exceeded E250.(NJ) y￿r ex￿niner Thjst be a member of a listed body. I can confimi tha i am qualffied to undertake ts examination because l am a of the Institute of Chartered Accwntants in England and Wales, vthth is ffle of the It5ted bc*aies. I have completed my examin*on. I c(nfimi that mattws have cc¥ne to my attent￿ in (x)nnection ￿￿1h the exarrynation giviro me cause to beliève: accountng reccKds were not kept in resF*Ct of the c(￿VanY as r8quired by ￿lon 386 of the 201 Act: or the acojunts do not aCC￿d with those reojts: or the accounts do not compty wlh ts accountsng requirements of Section 396 of the 2006 Act other than any reqU1￿ment that the accwnts give a tnje and fair vicw wknch is not a rnatter considered as part of an independent eXamInatK￿', or the accounts have not b*n prepared in ac(x)rdance wrth the methods and principles of the StaterrEnt of Recommended Pradice ts accounling ￿ retM)rtThJ by charrties {applicable to chanties preparing th￿r aCc￿nts in accordan￿ wrth the FinarTrcBI Reporting Standard applvble in the UK Republ of Ireland (FRS 1021). I have no concerns arHI have come a(xoss no Matte￿ in Conn￿11(￿ with the examination to which attention shoukl be drawn in tr￿5 r4vt in order to ena)ie a proper understanding of ts accounts to b8 Paul Guise ACA Prime charter￿ Accountants 161 Newthall Street Birmingh B3 1SW 0211012025 Page 5 ST FRANCIS YOUTH AND COMMUNITY CEiifRE STATEMENT OF FINANCIAL AGnvmES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total furKIs unreStr￿ted DesKJn8tsd Restnct8d furKJ funds furKIs INCOME AND ENDOWMENTS FROM Voluntary income 3,802 16,745 3,999 Charitable aclivltles Charitable activrties 232.807 233,152 212,375 ActNitres for generating funds 2 Inveslnwt income Other inwme 4,872 1536 5,002 4,872 2.536 5,002 3.548 2,357 5.O¢Xi Total 253,216 3.802 262,307 227.279 EXPENDITURE ON Raislng funds Fundraising trading costs Charitable actlvlties Charitable actsvilies 111Tr)7 11m2 9J26 132,335 224,662 Other 99,269 15￿2 115.226 3,012 Total 211.285 9.391 247.570 227,674 Net gainslllosses) on investments 1772) (7721 NEr INCOMEI{EXPENDITUREI Transfers between fvnds 41.159 132.630) 121,605 31630 15.589 13.%5 1,091 11 Nei movement in funds &529 11,025 15,589) 13.965 1,091 RECONCILIATION OF FUNDS Tolal funds brought foNRtd 39,742 11848 149,279 148,188 TOTAL FUNDS CARRIED FORWARD 48271 107.714 7259 163.244 149.279 The rths fom pal ofthese fnancBI statements Page 6 ST FRANCIS Yoimi AND COMMUNITh CENTRE (REGISTERED NUMBEIi" 083196801 BALANCE SHEET 31 MARCH 2025 2025 2024 Ncles FIXED ASSETS Tangible assets Investments 2,408 17,149 1,240 17.921 19.$57 19,161 CURRENT ASSETS Debtors Cash at bank and in haTrJ 7,539 144.130 6,509 132,138 151,669 138,647 CREDITORS Amwnts falling due within one year 17,982) (8,529) NET CURRENT ASSErs 143.687 130,118 TOTAL ASSETS LESS CURRENT UA8ILITIES 163,244 149.279 NEf ASSETS 163244 149.279 FUNDS Unrestricted funds: General fund Maintenance (Designated) Youth Project (Designated) 3 Months Operating Costs (Designated) Lunch Club {[)es￿nated) Renewal furKI 11 48.271 24,285 10.082 50.000 8,347 15.01)0 39,742 17,713 17,659 50,000 1,317 10,000 155,985 136,431 Restricted funds 7,259 12,848 TOTAL FUNDS 163.244 149,279 The charitable company is enlitied to exeffvtiC￿ a￿￿1t urMJer sec11c￿ 477 of the Companbes Act 2006 for the year end8d 31 March 2025. The members have not required the company to obtain an audit of its financja staemenls for the y ended 31 March 2025 in accordance with Secticn 476 of the Companies Act 2006. The nths fo￿ part ￿ these finaKBI Stat￿￿ts Page 7 cCffllin￿I... ST FRANCIS YOUTH AND COMMUNITY CENTrE (REGISTERED NUMBER: 08319680) BALANCE SHEET- continued 31 MARCH 2025 The trustees acknowledge th￿[ responsibilrties for {al ensunng that the charitab￿ company keeps aCC￿nI￿¥j reu)rds that C￿ with SectK)n5 386 and 387 of the Corwank8S Act 2006 and preparing financial statements ￿1th give a true fair vithv of the st*e of *fairs ￿ th8 charitable company as al the ervj of each financral year and of its sutplus or deficrt for each financial year in accordance with the requirements of Seclions 394 and 395 which otheDNise cc*nply with the requirements of the Companies Act 21x6 relati)g to financial ststements, so far as applicable to the Charital￿e cLvnpany. (bl These f￿ancIal staternents have tKepwed in accordance 7hith the provtsions appI*￿ble to chafthable companies subject to Ihe small COTrpani6s regime. Inancial statements were apwoved by the Board of Trustees and authorised fcf issue c .iarKI were stgned on its behaf by: Rev Canon R Wharton - Trustee The notes fom part of these financial stslements Page8 ST FRANCIS YOLwfH AND COMMUNITY CEKfRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparing tho financial staten*nts The financial statements of the ¢haritsble company. t•thich is a publ￿ benefft entity under FRS 102. have been prepared in ￿C￿danCe with the Chartlies SORP {FRS 1021 'Accounting and Reporting by Charilies.. Statement of Recommended Prac￿￿ aPpE￿￿le to chanbes preparing their accounts in accordance with the Financial Reporting Standard applK*le in the UK and Republic of I￿land (FRS 102} leffectNe 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Irelancf and the Companies Acl 2006. The financial statements have been wepared under the historiGal cost conventb)n. with the excepthjn of invesiments whid) are included at mathet vaue, as mt)Jffied ty the revaluat￿ of certain assets. Recognition of incomlng resources All iru)me is recc¥Jnis&l in the Staement of Financial Actiwt>es once the charity has entitlement to the funds, it is wobable that the income wil be feceived and the ¥nount can be measured reliably. Incoming Resources wlth Related Expenditure Vvhere incoming resources have reLated expendrture (as %*ith fvndraising). the incoming resources aTr related expenditure are reported gross in the Statement crf Fina￿la1 Actwities. Bank Interest Received This is included in the finan(ial stateM￿ts when ￿e1¥ Expenditure Liabilities are reccKJnised as expeTrJiture as soon as there is a legal ¢x cOnStr￿tIVe obligation committing the charity to that exFenditure. it is probable a transfer of econom￿ benefits will be r4uired in settlement and Ihe anounl of t￿ cknlHJation can te measured reh'abty Expendrtvré is accounted for on an accruals basis and has been classified urKJer h&%lings that è39regate aN cost related to the category. Vthere ¢))sts Gannot be diredty attributed to part￿lar head￿g$ they have been alk)c3ted to activities ￿ a basis Consist￿11 with the use of reg￿rceS. Expendrture includes VAT, which cannot be recovered. Administratlon and other costs (Including support costs) Administration comwses management expenses for the runnir¥J rA the Centre itseff. Oiher costs (including supp)rt costs) comprise expenditure to th'litate use of the Centre. All costs have been allocated on a basis consistent with the use of resources. Fixed assets Fixed Assets (8xcluding investments) are stated at cost less accunulated depreciation. Indiwdual iiems of equipment wtÈh a purchase price of £500 are writlen off when the asset is acquired. Equipment used wilhin the Centre is de[￿eC￿ted on a stra.ght line basis over 4 years. Investments ￿ld as fixed assets are revalued at M￿￿Tthet value at tha balance sheet date and the gain or loss &4 Nel inccKnel{expenditure) is stated after chargIn￿(credItIr￿j). 2025 2024 Depreciation . 0￿ed assets Hire of plant and machin8ry Independent examiier rerThJneratic Salaries and wages soc￿1 security costs 766 3,012 1,920 160,340 8,941 2.400 156,767 6,687 TRUSTEES. REMUNERATION AND BENEFITS There were no tnjstees, remunerati￿ or other berth for the year aKled 31 March 2025 nor the year ended 31 March 2024. Trustees, expenses There were no trustees, expertses paKI the y ended 31 M￿h 2025 nor for the year ended 31 Marth 2024. TANGIBLE FIXED ASSETS Equipment COST At 1 April 2024 Additions 10,004 1.934 At 31 March 2025 11.938 DEPRECIATION At 1 April 2024 Charge for ye 8,764 766 At 31 March 2025 9,530 NET BOOK VALUE At 31 March 2025 At 31 March 2024 1.240 Page11 continued... ST FRANCIS YOUTH AND COMMUNITY CENTRE NOTES TO ThE FINANCIAL STATEMENTS - continued FOR THE YEAR ENOED 31 MARCH 2025 HXED ASSET INVESTMENTS Investrrents MARKET VALUE At 1 April 2024 RevalUat￿n$ 17.921 (772) At 31 March 2025 17.149 NET BOOK VALUE At 31 March 2025 17,149 At 31 March 2024 17,921 There were no investrnent assets outside the UK. Holdings at 31st m￿ch 2025: 710 shares in the CBF Church of England InVes￿nt FurKJ Cost or valuation at 31 March 2025 is represented by: Investments Valuation in 2023 Valuation in 2024 Valuation in 2025 16,434 1.487 1772) 17.149 DEBTORS: AMOUNTS FALLING I)UE WIThIN ONE YEAR 2025 2024 Trade Debtors Other Debtors Prepayrnents 6,735 1,045 Page 12 continued... ST FRANCIS YOUTH AND COMMUNITY CENTrE NOTES TO THE RNANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 Taxati¢M & Social Securty Other creditors Other Credrtors & Accruals 932 542 7.055 51 7,931 7,982 8.529 10. ANALYSIS OF NET ASSEfs BETWEEN FUNDS 25 T(￿al funds 2024 Total funds Unrestncted t)esonated Restricted fijnd fuThJs fuThds 1.240 17,921 138.647 (8,529) Investments Current assets Current liab￿[tieS 17,149 36.396 (7,682) 17,149 151.669 (7.982) 108,014 13LKI) 7.259 48.271 107.714 7,259 163.244 149.279 11. MOVEMENT IN FUNDS Transfers movement btheen in fijnds ftJrKIs At 31.3_25 At 1.4.24 Unrestricted funds General fund maintenan￿ (Designaled) Youth Project (Designated) 3 Months Operating Costs (Designated) Lunch Club (Designaled) Renewal fund 39,742 17,713 17,659 41,159 (13,4281 (9,577) (32,630) 20.000 2,000 48,271 24,285 10,082 50,000 1.317 10,000 so,000 8,347 15,000 136,431 19.554 155,985 Restricted funds Lunch Club Pop up Art Kitchen (5,589> 259 259 7,000 12.848 (5,589> 7,259 TOTAL FUNDS 149.279 13,965 163,244 Pag8 13 continued... ST FRANCIS YOUTH AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMEP4TS - continued FOR THE YEAR ENDED 31 MARCH 2025 11. MOVEMENT IN FUNDS - condnued Net ffK)vement in furKJs, inC￿ded in the atK)ve ar& as frllows.. Incrmning Res￿r￿ Gains arKI Movement resour￿ expen(led losses in funds Unrestrlcted funds General fund Maintenance {D￿gnated) Youth Projed (DesKJnated) Lunch Club (DeswJnated) 253.216 1211,2851 {15.8921 {10,402) 161)0) 1772) 41,159 113,4281 (9,577) 1,400 825 258,505 1238,179) 1772) 19,554 Restrlcted funds Lunch Club 3,802 19,391) (5,589 TOTAL FUNDS 262,307 (247,570) 1772) 13,965 Comparatlves for movement in funds Transfers At 31.3.24 At 1.4.23 in furhls fufyjs Unrestricted funds General fijnd maintenan￿ IDe5ignaied) Youth Project (Designated) 3 Months Operating Costs {Designated) Lunch Club (Designated) Renewal fijnd 26,735 25.0(K) 19.325 30.007 {19,287) (1,666) {17.000) 12,CQO 39,742 17,713 17,659 g).OC 1.317 50,000 1,317 10,0(MJ 5.000 127.3 9.054 136,431 Restricted funds Lunch Club Pop up Art Duke of Edintwrgh Award Scheme Fund Kitch8n 11.232 (5,643) (1,736) 5,589 259 (584) 7.(X)O 7,000 20.811 (7,9631 12,848 TOTAL FUNDS 148.188 1.091 149,279 Page 14 continued... ST FRANCIS YOUTH AND COMMUNITY CEMfRE NOTES TO THE FINANCIAL STATEMEKfs- conthiued FOR THE YEAR ENDED 31 MARCH 2025 11. MOVEMENT IN FUNDS - eonlinued Comparative net Mov￿￿1 in funds. irtluded in the above are as folkyws: InccfflirvJ Resource5 Gain5 aTKJ Movement expeThJed tosses in funds Unrestricted funds General fund Maintenance (Designaiedl Youth Propct (Desgnaled) (193,562) (19.287) (1.6e6) 1,486 {19,287) 11,666) (214,515) Restricted fvnds Lu￿h Club Pop up Art DLA(e cl Edinburgh Aw*d Sche Fund 3,920 1,276 (9.563) (3.012) 15,643) 11,736) (5B4) (584) 5.1 {13.1591 17,963) TOTAL FUNDS 227.279 (227.674) 1,091 Fund detsils Funds". The maintenan￿ Fu￿1 is used for onwing maintenarKe ofthe Centre. The 3 Month Operating Cost Rese￿8 Fund is to Cjjver costs of the centre for 3 mnths shoukj thè business have to cease. The designated Lunch Club FurKI for furKls set aside for the Ltse of the Lunch Club separate to those funds that are restitted. The Youth Fund is designated for y￿Jth vnk. The renewal fund is designat￿1 f(* heatiry repairs. ReStr￿ted FurKIs". The Lunch CIL￿ Fund is restr￿ed and used for ttE dLkn atteThtsJ by c4der wjults on a Friday. The Pop Up Art Fund is restricted for use in v￿uS arts and ciafts classes. The t)uke of Edinburgh Award Scheme Fund is to be used towards this sthenE. 11 RELATED PARTY DISCLOSURES No trustee or other person related to the chty had any pwsona interest in any contract or tran￿liOn entered into by the chanty during the year. Transactions tsetween St Fr￿￿5 Youlh a￿1 ConNnunty C￿tre arKI the Parcchial Church Council of the Ecclesiastral Parish of St Frarus of Assisi. Bournwlle {PCC B(XKnvillel as a related party are a5 follows: Relationship Description 2025 2024 vner of buihJirvJ Reimbursement to PCC B￿rnV￿le f heating, I￿hling, pnntin9 & ph(*ocopies {9,205) {8.831) PwJe 15 continued... ST FRANCIS YOUTH AND COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. RELATED PARTY DISCLOSURES- continued Employment of Reimburs￿Ment frcffi PCC Bcyjmville for the shared o)sts of emFdow'ng the treasurer and parish administrator. Reimbursen*nt to PCC B￿rnvI1& for the shared costs of er￿yirvj staff. 3,594 17.565 EmFloyment of (15.985) Total (21,596) 8,734 As at 31st March 2025 there vras fN)thing due from St Francks Centre to PCC Bournvi118 (31st March 2024.. £Nil). St Francis Centre paid no rental to PCC Bwmvill8 for use of th& St Franct5 C￿￿re buildings (31st March 2024.. £Nil). Page 16