Charity number: 1155263 Thanington Neighbourhood Resource Centre Unaudlted Trustees. report and financial statements for the year ended 31 March 2025
Thanlngton Nelghbourhood Resource Centre Contents Page Reference and admlnlstrative detalls of the charlly, Its Trustees and advisers Trustees. report Independent examineVs report Statemént of financial activllles Balance sheet Notes to the flnanclal statements 9-21
Thanlngton Neighbourhood Resource Centre Reference and admtnistrative details of the charity• Its Trustees and adviser3 for the year ended 31 March 2025 Trustees Mrs Charlotte Maccaul (Chair), Thanington Resident Mr Tim Goss (Tr8asurer) TBC Mr David Smith (Chair), Thanington Resident Mr Paul Todd LLB, Thanington Resident (resigned 26 March 2025) Rev Nicholas White, Thaninglon Residenl Mr Fred Wood, Thanington Resident Mr Dane Buckman, Ward Councillor {reslgned 1 February 2025) Ms Helen Todd. Thaninglon Resident Mr John Benger, Thaninqton Residenl Graham Stuart B61som Page Charlty regislered number 1155263 Principal office Thanington Road Thanington Without Canterbury Kent CT13XE Bankers Nat West 11 The Parade Canlerbury Kent CT12SQ Independent Examiner Samanlha Rouse FCCA DChA 2nd Floor, Maritime Place Quayside Chatham Maritime Chatham Kent ME4 4QZ Page 1
Thanlngton Neighbourhood Resource Centre Trustees, report for the year ended 31 March 2025 The Trustees present their annual report logether with the financial slatements of the charity for the year ended 31 March 2025. Objectives and activities a. Policies and objectives The charity's objectives are., 11 To promote th8 benafil of the inhabitants of the Parish of Thanington and the neighbourhood (referred lo as 'the area of benefit,) wllhout dislinclion of gender, sexual oriantation, race or political. religious or other opinions. by associating together the sald inhabitants and local authorities, voluntary and other organisalions in a common effort to advance education. the promotion of health and to provide facilities in th8 inlerests of soclal welfare for recreation and leisure-time occupation with the object of improving tha conditions of life for the said inhabitants., 21 To establish or secure Ihe establishmenl of the Thaninglon Neighbourhood Resource Centre {r8ferred to as 'The Cenlre,) and maintain and manage the same (whether alone or in Cowoperation with any local authority or other person or body) in furtherance of these objects; 3) To promote such other charitable purposes for the Public Benefit as may from time to time be determined. In setting objectives and planning for activities. the Trustees have given due consideration to general guidanc8 published by the Charity Commission relating to public benefit, including Ihe guidance 'Publlc benefll.. running 8 charity <PB2)', b. Ba¢kground Thanington Resource Centre is a highly successful residentluser-led charity, built for the public benefit of Thaninglon residents (with a Single Regeneration Budget granl) in 2000.11 is a much needed, multi-purpose, and fully accessible community building opposile the Thanington estale., an identified area of disadvantageldeprivalion. yoUth-n1red crime and anti-social behaviour, on the outskirts of Canterbury. It is funded by a patchwork of temporary, annual funding-strcams and charges for room hire. In 2006 with an annual footfall of almost 47,000, we had oulgrown ourselves: operating at maximum GapaGlty 7-days a week {9am- 9pm), and needlng to regularly run youth sessions outside due to lack of internal space. Following an 'Options Revlew,, and wllh a capital grant from the BIG Lotlery, we built a new 2 slorey extension lo cope with increased demand and to provide greater sustainability. With our new state-of-the-art training and meeting rooms and all- inclusive office renlal we hope to rely less and less on one-off grant awards. We also have an amazlng 246sqm Youth space, which is decorated and run by our annually elected user-led Youth Committee. Since the Centre opened. Ihere has been a marked reduction in crime and anli-SOGial behaviour on the eslate (over 50'/0) and an overwhelming increase in communily parlicipation and cohesion.11 has made lasting changes to the lives of local residents, and helped them overcome the problcms that often prevent them playing a full part in economic. social and community aclivilies and generally improving their quality of life. We are a flexible responsive resource, which slrengthens and supports the local community by providing non-stigm8lising activities and seNices in a safe. non-judgmental environment - accessible lo all residents regardless of age, status, race. beliefs or abilities. Our aims are to incrèase resident participation., break down barriers, such as age-relaled divides: Gombat crime by facilitating family support and diversionary activities for young people {the highest P8rcenlage of the local population): provide opportunities for training and learning,. and to improve access to health, well-being and other public services. Our resourc8s are mainly targeted on the needs of residents such as settled Iravellers, lonelyoung parents- low income families,. people experiencing exclusion and educational disadvanlage, i.e. those who are unemployed, young people involved in and on the edge of crime, disabled and older people, those who are in need of basic skills and Ihose with entrenched problem5 such as homelessness and addiction. We strive to pay al least Ihe 'Living Wage, to 8 local people, we have over 35 volunteers and our 10 Trustees are made up of 7 Thanington residents {plus 3 professionals), who 811 reflect Ihe make-up, lifeslyles and needs of the local area. Page 2
Thanlngton Neighbourhood Resource Centre Trustees. report (conlinued) for the year end8d 31 March 2025 Achievements and performance a. Activlties undertaken and achlevements to further the charity's purposes for the publlc beneflt Although still not fully recovered to pre£ovid-19 levels we have gradually increased our bookings, almost to full capacity. Th8r8 has been a furthor increas8 in counselling sessions especlally for young people, lo help deal with th6 backlog 2nd nagative effects of Ihè Covid lockdowns. We are also a regular weekly base for Spectrum Disorder diagnosis clinics, NHS driving tests for older drivers and NHS meetings and training. Adults with a learning disability also used the Centre as a daily 'hub' and meeting point for the year and 2 new parenvtoddler groups were sel up by local people. With th8 major increase in energy prices and the cosl of living, the needs of families on the estate have meant we needed to continue to provide much-needed emergency food tables for 6 days a week, as well as offering toiletries, cleaning, personal hygiene products, supermarket vouchers. nappies and money for fuel. The 'hol meals for children project, for those who are unable lo eat hol meals at home because of fu81 deprivation, continues; especially in the school holidays when there is no provision of school meals. W6 also continue to provlde 'warm spaces, for many people of all ages when necessary. The Age UK Dementia Café relurned, as well as a separate meetlng for carers of those living with dementia. and we also continued to provide a weekly meeting place for unattached Albanian minors. We were joined by an ama2ing organisalion called 'Pyxis' which provides youth provision for a wide r¢inge of young people with Neurodiversity one evening a week along side our own local senior and Junior youth clubs and homework clubs for another 3 evenings a week. We held an Easter disco and parly for local children and young people, with 150 Easler eggs kindly donated by a local firm plus our usual family picnic and fun day for over 200 local residents, with inflatables, stalls, entertainment and hol food on 10th August 24. Our annual summer programme for our children and young people this y8ar includ8d: A trip to 'GravilV for young people 12 to 18 yrs: 2 coach trips to Wildwood animal park for 811 ages., and a coach trip to Whitstable for bowling and chips on the beach, all highly subsldised for our families lo enable Ihem to try experienc8S that they would never have had or been able to access or afford otheNise. We provlded many extra free day-lime youth club sessions for young people otherwise not engaged in the holidays. We also managed to have another amazing very well attended Hallowe'en fancy dress parly ir) October, a Christmas talent contest, and a Christmas disco with our own Santa's grotto. Of course, we also continue to provide Iraining for staff and volunteers. and daily advocacy for residents. including help wilh housing, finance. Wills and Powers of Allomey. eviction and support with court appearances. The Centr8 operates as a polling station, 81s0 offers space for example. Weight Walchers, baby groups, lactation Nurse sessions, Health Visitor clinics. family celebrations. Wakes, children's parlies and Baby showers, as well as our very popular family bingo evenings. As Trustees It's been another very challenging year. but many good things have been achieved too, our 0 Apprentice Youth Workers, both of whom live on the Thanington estale continue lo thrive and visibly grow in confidence and skills daily. We are all very proud of them, and of the whole staff team who coped so admirably with yet another flood at the Cenlrel We also thank the staff for taking a 2 hour per week cul In order for us to remain sustainable. We were extremely lucky lo have made it through to April 2025. and to have the opportunity to be sustainable yel granl-free. A massive thank you to everyone especially our wonderful staff. residents, supporters and our volunteers. Finan¢lal revlew . Going concern After making appropriate enquiries. Ihe Truslees have a Teasonable expeclation Ihat the charily has adaquate resources to continue in operational existence for the foreseeable future. For this reason, they Gontinue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Page 3
Thanlngton Neighbourhood Resource Centre Trustees, report {continued} for the year ended 31 March 2025 b. Reserves policy The organisation is aware of the vulnerability of ils funding and has adopted a Reserves Policy, which sets out how restricted, unrestricted and designated funds will be handled. Ideally operational reserves should equale lo 6 months of unrestricted expendllure, which equates to appmximately £80,000. Current general resewes exceed this level, standing at £118,143. c. Risk management The Trustees have a duty to identify and review all risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. Internal risks relating lo the proper managemenl of the organisation are minimalized by the design and implemenlalion of comprehensive policies and procedures appropriale to the size of the organisalion. This includes stringent financial procedures that ensure the proper aulhorisalion of all transactions. Structure, governance and management a. Constltutlon Thanington Neighbourhood Resource Centre is a regislered charity. number 1155263, and is constituted as a Charitable Incorporaled Organisalion. 11 was eslablished on 1 April 2014 lo take over the aclivities of a former unincorporated charity. b. Methods of appointment or election of Trustees The management of the charity is the responsibility of the Trustees who are elected and COpIed uncler the terms of Ihe Trust deed. Page 4
Thanlngton Nelghbourhood Resource Centre Trustees, report (continued) for the year ended 31 March 2025 Statement of Trustees. responsibilities The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with appllcable law and United Kingdom Accounling Standards (Uniled Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England & Wales requlres the Trustees to prepare financlal slatemanls for each financial year which give a true and fair view of the stale of affairs of the charity and of its incoming resources and applicalion of resources, including its income and expendilure, for that period. In preparing these financial statements. Ihe Trustees are required to: select suitable accounting policies and then apply them consistently. observe Ihe melhod5 and principles of the Charities SORP (FRS 102): mak6 judgments and accounting estimates that are reasonable and prudent. slate whether applicable UK Accounting Standards (FRS 102) have been follow8d, subjecl lo any material departures disclosed and explained in the financial statements; prepare the financial slalements on the going concern basis unless il is inappropriate to presume that the charlty will continue in buslness. The Trustees are responslble for keeping ad&quate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time Ihe financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports> Regulations 2008 and the provisions of Ihe Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularities. Approved by order of the mernbers of the board of Twstees and signed on their behalf by: Mr Davld Smlth (Chair of Trustees) Dale. Page 5
Thanington Neighbourhood Resource Centre Independant examinerfs report for the year ended 31 Mar¢h 2025 Independent exaTniner's report to Ihe Trustees of Thanington Neighbourhood Resource Centre {'the charity.) I report to the charity Trustees on my examination of the accounts of Ihe charity for the year ended 31 March 2025. Responsibilltles and basis of report As the Trustees of the charity you are responslble for the preparation of the accounts in accordance with the requirements of the Charilies Act 2011 {'the 2011 Acl,). I report in respect of my 8xamlnation of Ihe charitys accounts carried out under section 145 of th6 2011 Act and in carrying out my examination I have followed the applicable Direclions given by the Charity Commission under section 145(5J{b) of the 2011 Act. Independent examlner's statement Your attention is drawn lo the fact Ihat the charity has prepared the accounts in accordance with Accounting and Reporting by Charities- Slalement of Recommended Practice applicable lo charilip.8 preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in prefarence to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the exlant regulations but has been wlthdrawn. l understand Ihat thls has been done in order for the accounts to provide a true and falr vlew In accordance wllh the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. I have completed my examination. I confim thal no matters have come to my attention In connectlon with the @xamination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charily as required by section 130 of the 2011 Act. or the accounts do nol accord with Ihose records,. or the accounts do not comply with the appllcable requirements concerning the form and conlenl of accounts set out In Ihe Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'lrue and fair view which is not a matter consid8red as part of an independent examination. I have no concerns and have come across no other matters in connecllon wlth the examlnatlon to whlch attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Signed.. Samantha Rouse Daled.. 28 November 2025 FCCA DChA Kreston Reeves LLP Charterad Accountants 2nd Floor, Maritime Place Quayside Chatham Maritime Chatham Kent ME4 4QZ Page 6
Thanington Nelghbourhood Resource Centre Statement of f inancial activities for the year ended 31 March 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitable activities Investments 10,706 144,837 2,309 12,870 2,023 23,576 146,860 2,309 26,598 144,606 2,643 Total income 157,852 14,893 172,745 173,847 Expenditure on: Charitable activilies 209,856 6,654 216,510 208,813 Total expendltur8 209,856 6,654 216,510 208.813 Net movement In funds (52,004) 8,239 {43,765) 134,966) Rèconclllatlon of funds: Total funds brought forward Nel movement in funds 190,388 (52,004) 17,568 8,239 207,956 {43,7651 242,922 134,966) Total funds carried forward 138,384 25,807 164,191 207.956 The Stat8ment of financi81 aclivities includes all gains and losses recognised in the year. The notes on pages 9 to 21 form part of Ihese financial slatemenls. Page 7
Thanlngton Nelghbourhood Resource Centre Balancè sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets Current assets 3,931 5,241 Debtors 12 12,770 150,347 12,443 191,997 Cash at bank and in hand 163,117 204,440 Creditors: amounts falling due wilhin one year 13 (2,857 (1,725) Net current assets 160,260 202,715 Tolal net assets 164,191 207,956 Charity funds Restricted funds Unrestricted funds 14 14 25,807 138,384 17,568 190.388 Tolal funds 164,191 207,956 The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by: Mr Davld Smith (Chair of Trustees) Date: L( zr The notes on pages 9 to 21 form part of thes8 financial statements. Page 8
Thanlngton Neighbourhood Resource Centre Notes to the flnanclal statements for the year ended 31 March 2025 General informatlon Thaninglon Neighbourhood Resource Centre is a charity registered in England, with the charity number 1155263. The charItS registered address is Thaninglon Neighbourhood Resource Cenlre, Thanington Road, Thaninglon Withoul. Canterbury. Kent CT1 3XE. The principal activity of the charity is lo promote the benefit of the inh8bilanls of the Parish of Thanington and the neighbourhoad. Accounting pollcios 2.1 Basls of preparatlon of financial statements The financial slalem8nts have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charitles preparing their accounts in accordance with the Financial Reporting Slandard applicable In Ihe UK and Republic of Ireland issued In October 2019, the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'lrue and fai¢ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the exlenl required to provide a 'lrue and fail view. This departure has involved following the Charities SORP {FRS 102) published on 16 July 2014 rather than the Accounling and Reporting by Charities.. Statement of Recommended PractlGe effective from 1 April 2005 which has Sin been wilhdrawn. Thanington Neighbourhood R8source Centre meets Ihe definition of a public b8n8fit 8nlily under FRS 102. Assets and liabilities are initially recognlsed at histOriC81 cost or transaction valu8 unless otherwise stated in the ralevant accounting policy. The financlal stalemenls are presentad in British Sterllng and are rounded lo the nearest pound, 2.2 Going concern The Trustees assess whether the use of going concern Is appropriate i.e. whether there are any malerial uncertainties related lo events or conditions that may cast significant doubl on the ability of the Charity to continue as a going concern. The Trustees make this assessmenl in respect of a period ol al leasl one year from the date of authorisation for issue of the financial statements and have concluded that the Charity has adequate resources to continue in operational existence for the foreseeable future and there ar8 no material un¢ertainlies about the Charity's ability to continLbe as a going concern, thus they continue to adopl the going concern basis of accounting in proparing the financial statements. 2.3 Income All income is rewgnised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are inclLEded in the Statement of financial activities on a receivable basis. The b81ance of income received for speGific purposes but nol expended during the period is shown in Ihe relevant funds on the BalanGe sheet. Where income is received in advance of entitlemenl of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement Occurs before income is received, the income is accrued. Page 9
Thanlngton Nelghbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 Accounting policies (contlnued) 2.4 Expendlture Expenditure is recognised once Ihere is a legal or constructive obligation to tr8nsfèr economic benefit to a third party, it is probable that a transfer of economic benefils will be required in setllemenl and the amount of the obligation can be measured liab. Expenditure on charitable acb'vities is incurred on directly undertaking the activities which further the charity's objectives, as well as any assoGiated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Interest receivable Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by Ihe charity; this is nomially upon nolificalion of the interest paid or payable by the inslilulion with whom the funds are deposiled. 2.6 Tangible fixed assets and depreciation Tangible fixed assels sling £200 or more are capilalis8d and recognised wh8n futur8 economic benefils are probable and the cost or value of the asset can bo moasured reliably. Tangible fixed ass81s are initially recognised al GOSt. After recognition, under the cost model, tangible fixed assots are measured at cost less accumulated depreciation and any accumulaled impairment losses. All costs incurred to bring a iangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to 8lk)cate the cost of langible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis. Deprecialion is provided on Ihe following basis: Fixtures and fitllngs 2.7 Debtors Trade and other debtors are recognised at the settlement amount after any Irade di$Unt offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 2.8 Cash at bank and In hand Cash at bank and in hand indudes cash and short-term highly liquid investments with a short malurity of three monlhs or less from the date of acquisilion or opening of the deposit or similar account. 2.9 Llabllltles and provlslons Liabilities are recognlsed when there is an obligation at the Balance sheet date as a result of a past event, il is probable that a transfer of ewnomic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised al the amounl that the charity anticipates it will pay lo settle the debt or the amount it has received as advanced payments for the goods or seNices it must provide. Page 10
Thanington Nelghbourhood Resource Centre Notes lo the financial statements for the year ended 31 March 2025 Accounting pollcles {continued) 2.10 Financial inslrument5 The Charity only has financial assets 2nd financial liabilities of a kind that qualify as basic financial instruments. Basic financial inslruments are initially recognised at transaction value and subsequently measured at their settlement value wilh the exception of bank loans which are subsequently measured al amortised cost using the effective intérast method. 2.11 Penslons The charity operates a defined contribution pension scheme and the penslon charge r8pr8senls the amounts payable by the charity to the fund in respect of the year. 2.12 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestrict8d funds that have been set aside by the Trustees for partlGular purposes. The aim and use of each designat8d fund is set out Sn Ihe not8S to the financlal statements. Reslrlcted funds are fLJnds whlch are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Crltical accounting estimates and areas of Judgment Estimates and judgments are conlinually evaluated and are based on historical experience and other factors. including expectalions of future evenls that are believed to be reasonable under the circumstances. Critical accountlng estimates and assumptions: The charity makes estimates and assumptions concerning the future. The resulling accounting eslimales and assumptions will, by definition. seldom equal the related actual resulls. The estimates and assumptions that have a significant risk of causing a material adjustment to the Garrying amounts of assets and liabilities within the next financial year are discussed below. Page11
Thanington Neighbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Total funds 2024 Donations 8,591 2,115 1,620 11,250 10,211 13,365 8,802 17,796 Grants 10.706 12,870 23,576 26,598 Total 2024 6,250 20,348 26,598 Income from charitable activities Unrestricted Restrl¢ted funds funds 2025 2025 Total funds 2025 Total funds 2024 Room Hire Catering Events Youth Club Fundralslng Other Income Changing Room Maintenance 126,478 11.075 1,139 3,230 1.840 1,075 126,478 11,075 3,162 3,230 1,840 1.075 120,895 14,318 2,015 3,274 2,104 2,000 2.023 144,837 2,023 146,860 144,606 Total 2024 142,982 1,624 144,606 Investment Income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Bank interest 2,309 2,309 2.643 Page 12
Thanington Nelghbourhood Resource Centre Notes to the financlal statements for the year ended 31 March 2025 Analysis of expenditure by activitles Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Charitable Actlvldes 191.638 24,872 216.510 208,813 Total 2024 185.421 23,392 208,813 Analysls of dlrect costs Charitable actlvities 2025 Total funds 2025 Total funds 2024 Staff costs Cost of events 175,592 5,049 6,117 860 262 2,569 1.189 175,592 5,049 6,117 860 164,573 7,929 9,111 Catering and refreshmenls Grants payable Equipment Youth acllvitles 262 2,569 1,189 12 2,550 1,246 Equipment hlre 191,638 191,638 185,421 During the year, direct costs of £6,372 were incurred for restricled purposes (2024.. £37,058), Page 13
Thanlngton Nelghbourhood Resource Centre Notes to the flnancial statements for the year ended 31 March 2025 Analysis of expenditure by activities (continued) Analysis of support costs Charitable activities 2025 Total funds 2025 Total funds 2024 Depreciation Advertising Light and heat Printing, postage and slalionery Travel expenses Waste management Telephone and computer Accountsncy and Independenl examlnation Bank charges Insurance and licences Maintenance 1.310 519 8,310 365 454 2,153 4,176 1,650 520 965 1,310 519 8,310 365 454 2,153 4,176 1,650 520 1,746 103 7,288 692 405 1,888 3,280 1,452 1,131 1,304 3,171 292 660 965 3,891 311 248 3,891 311 248 Voluntear expenses Gener31 expenses 24,872 24,872 23,392 During the year, support cosls of £282 were incurred for restricled purposes (2024.. £500). Independent examlner's remuneratlon The independent examinerfs remuneration amounts to an independenl examiner fee of £825 (2024 £726), and accountancy fees of £825 (2024 - £726). Staff costs 2025 2024 Wages and salaries Social securily costs Contribution lo defined contribution pension schemes 169,721 5,019 852 158,023 5,755 795 175,592 164,573 Page 14
Thanlngton Neighbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 Staff costs {Gontlnued) The average number of persons employed by the charity during the year was as follows: 2025 2024 Charitable Activities Governance 10 10 No employee recelved remuneralion amounting to more than £60,000 in eilher year. The Trustees Consider the Board of Trusteès 2nd the senior management team comprise the key management personnel of the charity in charge of dlrecting. controlling, runnlng and operating the charlty on a day lo day basis. As detailed below, no Trustees received remuneration during the year. The remuneration to key management personnel tolalled £63,684 (2024.. £69.804). 10. Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefils (2024 - £NIL). During the year ended 31 March 2025. expenses totalling £Nil were reimbursed or paid directly to Trustees (2024 £Nil). 11. Tanglble flxed assets Fixture3 and fittings Cost or valuatlon At 1 April 2024 45,349 At 31 March 2025 45,349 Depreclatlon At 1 April 2024 Charge for the year 40,108 1,310 Al 31 March 2025 41,418 Nèt book value At 31 March 2025 3,931 At 31 March 2024 5,241 Page 15
Thanington Neighbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 12. Deblors 2025 2024 Due within one year Trade debtors Other debtors 10,901 35 10,626 35 Prepayments and accrued income 1,834 1,782 12,770 12.443 13. Credilors.. Amounts falling due within one year 2025 2024 Trade creditors Olher creditors 1,699 1,158 1,068 657 2,857 1,725 Page 16
Thanington Nelghbourhood Resource Centre Notes to the financlal statements for the year ended 31 March 2025 14. Statement of funds Statement of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Income Expenditure Unrestricted funds Designated funds Fixed asset fund Emergency costs fund 5.241 15,000 5,241 15,000 20,241 20,241 General funds General Fund 170,147 157,852 {209,856) 118,143 Total Unrestrlcted funds 190,388 157,852 {209,856) 138,384 Restrlcted funds Lions Club Junior Youth Club Events CEH Fund CEH Communlty Actlvilies and Projecis Famlly Bingo Emergency Fund Rotary 554 4,546 3,160 1,479 211 554 3,094 13,087 2,229 (351 561 (1,452) (1,573) 11,500 750 500 2,023 120 {7461 (1,582) {9011 (400) 120 7,074 424 6.293 24 17,568 14,893 (6,654) 25,807 Total of funds 207,956 172,745 {216,510) 164,191 Page 17
Thanlngton Nelghbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 14. Staternent of funds (contlnued) Statement of funds - prior year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inloul Income Expenditure Unrestrlcted funds Deslgnated funds Flxed asset fund Emergency costs fund 5,015 15.000 226 5,241 15,000 20,015 226 20,241 General funds General Fund 189.753 151,875 {171,255) {226) 170,147 Total Unrestricted funds 209,768 151,875 (171,255) 190,388 Restricted funds Lions Club Junior Youth Club Events CEH Fund CEH Cornmunily Activities and Projects Family Bingo Emergency Fund Rotary 701 3.322 500 17,689 211 14,471 (358) {13,246) (840) (16.210) 554 4,547 3,160 1,479 2,425 174 (2,214) (1.666) (2,560) (464) 211 120 7,074 423 1,612 1,458 720 8.176 167 33.154 21,972 (37.558) 17,568 Total of funds 242,922 173,847 (208,813) 207,956 Page 18
Thanington Neighbourhood Resource Centre Notos to the financ5al statements for the year ended 31 March 2025 14. Statement of funds (Gontlnued) Purpose of designated funds The Fixed Asset Fund represents the value of fixed assets at the year end. The Emergency Costs Fund represenls monies set aside to cover emergency costs arising such as urgent repairs, increases in utilities etc. Purpose of restrlcted funds The C.C.C. Rise Grant is a grant received from Canterbury Cily Council for the provision of youth services for the local community. The Lions Club fund comprises funds and donations reIVed to help further youth activities. The Junior Youth Club fund is used to fund youlh sessions, outings and equipment. The Calendar Projects fund is lo be spent leaching the Youth Club members photography skills and to produce a Calendar which they could than sell to raise funds. The CEH Fund Is to enable Ihe provision of a homework club for local children and to support local familles. The Awards for All fund comprises funding for a youth club project looking at ways to tackle ganglknife and gun CL511ure among young people. The Family Bingo fund provides a regular prize Bingo for the local community. The Emergency Fund comprises donations received to assist with COVID-19 issues. 15. Summary of funds Summary of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Income Expenditure Designated funds General funds Restricted funds 20,241 170.147 17,568 20,241 118,143 25,807 157,852 14,893 (209,856) {6,654) 207,956 172,745 (216,5101 164,191 Page 19
Thanington Neighbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 15. Summary of funds Icontinuedl Summary of funds - prlor year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Designated funds Gener81 funds 20,015 189.753 33,154 226 20,241 170,147 17,568 151,875 21.972 (171,2551 (37.558) {226) Restricted funds 242,922 173,847 (208.813) 207,956 16. Analysls of net assets between funds Analysis of net assets between funds - current year Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Tanglble fixed assets Current assets Creditors due within one year 3,931 137,310 {2,857) 3,931 163,117 (2,857) 25,807 Total 138,384 25,807 164,191 Analysls of net assets between funds - prior year Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current assels Creditors due withln one year 5,241 186,872 {1,7251 5,241 204,440 (1,7251 17,568 Total 190,388 17,568 207,956 Page 20
Thanington Neighbourhood Resource Centre Notes to the financial statements for the year ended 31 March 2025 17. Pension commltments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to Ihe fund and amounled to £852 (2024 £795). No amounts were due to the scheme at the balance sheet date (2024 - £Nil). 18. Related party transactlons The charity has not entered Into any related party transaction during the y8ar, nor ar8 th8re any outstanding balances owing belween related parties and the charity at 31 March 2025. Page 21