``` REGISTERED COMPANY NUMBER: 10187450 (England and Wales) REGISTERED CHARITY NUMBER: 1167301 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`FOR`** ``` THE GALTRES CENTRE CHARITY (A COMPANY LIMITED BY GUARANTEE) ``` ``` UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW ``` ``` THE GALTRES CENTRE CHARITY ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 6`| |**`Independent Examiner's Report`**|`7`| |**`Statement of Financial Activities`**|`8`| |**`Balance Sheet`**|`9 to 10`| |**`Notes to the Financial Statements`**|`11 to 20`| |**`Detailed Statement of Financial Activities`**|`21 to 22`| ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31March2025.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` TheGaltresCentreCharitywasestablishedtotakeonthecharitableactivities,assetsandliabilitiesofThe Galtres Centre, which was formed under a trust deed dated 17 May 1983 for the purposeof operatinga communitycentre for recreationandleisurepurposesfortheinhabitantsofEasingwoldanditsneighbourhoodinthecountyof North Yorkshire. ``` ``` Theobjectsareintendedtoimprovethequalityoflifeoftheinhabitants.Trusteesbelievethattheobjectives and activities of the charity comply with the guidance published by the Charity Commission on Public Benefit. ``` ## **`History of the Charity`** ``` Thecharityownsthefreeholdofthepropertyknownas"TheGaltres"andacquiredthefreeholdofthe surrounding landcomprisingthewholeofthesiteapartfromtheCrabmillLanecarparkwhichisownedandmanagedby North Yorkshire Council. ``` ``` The leisurehallwas constructedbyHambletonDistrictCouncilbutis nowfullyownedbytheCharity.It was officially opened on 19th April 1991. Alterations to this hall took place in 2008 and are detailed below. ``` ``` The Charityestablishedthe GaltresTradingCompanyLimitedin 1992as a whollyownedsubsidiaryunderthe control oftrustees.Thisundertakestradingactivitiesthatwouldnotbepermissibleforthecharity.Thisincludesthe fitness suite and the sale of food and drink. All surpluses generated by the Trading Company are donated to the charity. ``` ``` A floodlitall weatherpitch,the size of two tenniscourts,has been constructedin the grounds,fundedby the Centre, withtheaidofgrantsreceivedfromtheFoundationforSportandtheArts,SportEnglandandHambleton District Council. This facility was officially opened on 5th July 1996. ``` ``` A 30 stationfitness suite was constructedand fundedby the Centre with grant aid from Sport Englandand Hambleton DistrictCouncil.This facilityhas been in use since October2001.The fitnesssuiteoperateson a membershipbasis for whicha monthlyfee is paid.Membershiphas remainedfairlyconstantsincethe opening.The facilityis openfor over eighty hours each week and is staffed by suitably qualified paid staff. ``` ``` A major developmenttook place in 2008 when a four badmintoncourt size sports hall was built.The hall is suitable for 5-a-sidefootball,basketball,shortmat bowls,netball,cricketnets, tennis,badmintonand pickleball.It provides space forcircuittraining,manytypesofexerciseclass,children'sactivitiesandschooluse.Theconstructionofthis new sportshallallowedtheoldleisurehalltobeconvertedandrefurbishedtobecomethenewGaltres Entertainment Centre(GEC).Withcomfortabletieredretractableseatingthe GEC canaccommodateup to 250 people.A permanent stage,goodlightingandsound,togetherwithfullprojectionfacilitiesenablethe GEC to be usedfora widevariety of activitiesincludingdrama,music and cinema.These events are promotedby the Centre and by localgroupshiring the facility.ThisdevelopmentwasfundedbytheCentrewithgrantaidfromSection106money,Hambleton District Council,SportEngland,WREN,and a numberof otherorganisations.It was officiallyopenedon 2nd July 2009 by HRH The Princess Royal. ``` ``` -1- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Significant Activities`** ``` TheCentreemploysaCentreManagerwithtwoparttimeadministrators(onealsobeingalicensee),a Sports Coordinator,amemberofbarstaff,theFitnessSuitestaffandparttimecleaners.TheFitnessSuitestaffand the memberofbarstaffareemployedbytheTradingCompany.Theremainderoftheday-to-dayworkattheCentre is carried out by unpaid volunteers. ``` ``` Thecharitygratefullywelcomestheunstintinghelpof68volunteers.Volunteersundertakeavarietyofrolesat the charityandwithoutthemwewouldnotbeabletocontinuetoprovidethehighstandardoffacilitiesand services withoutemployingadditionalstaff.We estimatethat,basedon the NationalLivingWage,the costof employing staff ratherthanvolunteerswouldbe inexcessof £100,000.We wouldliketo thankallourvolunteersfortheir continued loyal support and service. ``` ``` AdiverserangeofactivitiesisprovidedincludingTownCouncilmeetings,localauthorityandNHSmeetings and trainingsessions,LionsClubmeetings,meetingsofpoliticalparties,churchgroups,billiardsandsnooker,bridge and whistdrives,amateurdramaproductions,flowerclub,craftfairsandaMasonicLodge.Awidevariety of entertainmenttakesplacefromtributebandstohistoricallectures,fromvisitingtheatregroupsto celebrity appearances.The Centre also promotesregularcinema and live satellitebroadcasts.The Centre is bookedfor wedding receptions, anniversary and birthday parties, funeral lunches, discos and has a regular Friday coffee morning. ``` ``` Rooms are availablefor individualhire and all parts of the premises are in constantuse, often fully booked.The sports facilitiesareavailableforhirebyindividualsorgroups.Additionally,theCentreprovidesover30hoursof exercise classes each week along with a programme of coaching for juniors. ``` ## **`ACHIEVEMENTS AND PERFORMANCE`** ## **`Main achievements during the year`** ``` The Centre occupancyrate has recoveredto pre-Covidlevels in both the numberof bookingsand attendanceswith an averagefootfallofalittleover2,000perweek.Overallincomehascontinuedtorecoverstronglyandwas above pre-Covid levels. This includes a number of new fixed lettings such as the WI and language classes. ``` ``` Wehavestrengthenedourlinkswithboththelocalcouncilsandthevoluntarysectorpickingupafew additional regularbookings.Wewerealsothevenueforacountywidemeetingforthevoluntarysectorwhichincludeda visit fromtheMayorofYorkandNorthYorkshire.Complimentsareregularlyreceivedonthequalityoftheservice and facilities that the building offers for meetings and conferences. ``` ``` Thereis a regularprogrammeof worktomaintainandenhancetheveryhighstandardsof allof thefacilities. During theyearanew,moreefficient,waterheatingsystemwasinstalledandnewaudiovisualequipmentwasinstalled in the lounge. ``` ``` -2- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`FINANCIAL REVIEW`** ``` The trusteesare presentedwith quarterlymanagementaccountsfor the Charityand its Tradingsubsidiary.An annual budgetispreparedtomirroreachpartoftheactivitiesundertakenbytheCentreinaccordancewithits income generation priorities. These performances are monitored on a quarterly basis. ``` ``` The financialperformanceof both the Charityand the TradingCompanycontinuedto improve post Covid. Turnover in theTradingSubsidiarywasupbynearly6%to£185,000andwasbacktopre-Covidlevels.Thisenabledthe Trading Subsidiarytopaya renttotheCharityof£29,000(2024:£29,000),contribute£27,179(2024:£51,449)tothecost of facilities and to make a charitable donation to the Galtres Centre of £32,032 (2024: £5,410). ``` ``` IncludingtheincreasedcontributionfromtheTradingSubsidiary,theincomeforthecharityalso increased significantlyby more than16% to £361,000.A detailedStatementof FinancialActivitieson pages21 to 22 shows this improvement was across all areas of activities and was above pre-Covid levels. ``` ``` Expenditurewasdownfrom£366,000to£283,000butthepreviousyearincluded£72,000onmajorrepairsto the roof and chimneys of the original Galtres House. ``` ``` Theoverallsurplusfortheyearwas£77,523anddemonstratesthatthefinancialperformanceandpositionof the charity and of its trading subsidiary continues to improve and is currently satisfactory. ``` ## **`RESERVES POLICY`** ``` The Reserves Policy is reviewed by the trustees on an annual basis. ``` ``` The Charityaims to maintainits free reservesin the rangeof 6 to 12 monthsforwardexpenditurefor the Charity and TradingSubsidiary.InsettingitsReservesPolicy,thetrusteeshaveconsideredtheCharityCommissionguidance in 'CC19 Charitiesand Reserves' and takenits strategicaims intoaccount.To supportits strategicaims, the trustees may establishdesignatedfundsasappropriateforplannedsignificantcapitalexpenditureprojectsandnew service initiatives. ``` ``` In setting the target level of free reserves, the trustees have considered: ``` ## `- its working capital and cashflow requirements` - `the generally fixed nature of its service delivery costs but potential volatility in income` - `the use of reserves to fund planned or unplanned deficits` ## `- a contingency for significant unplanned expenditure` ``` At31March2025,totalReserveswere£2,038,378,including£39,369inRestrictedReserveswherefundshave been received for a specificpurposeand £158,500in DesignatedReserves for anticipatedmajor expenditureto the building and on facilities. ``` ``` FixedAssets,amountingto£1,606,552,cannotbeliquidatedandcannotberegardedasfreereserves.Genuine Free Reservesthereforeamountto£233,957and,basedonthebudgetfor2025/26,thisequatesto6 monthsof forward expenditure, just within the target range. ``` ``` -3- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`INVESTMENT POWERS AND POLICY`** ``` UndertheArticlesofAssociation,trusteesarepermittedtoinvestfundsinaccordancewiththeTrusteeAct 2000. Withthe level of free reservesbeingat the lowerend of the targetrange,trusteeshave adopteda cautious approach totheinvestmentofsurplusfundswhicharedepositedinvariousinterestbearingaccountsofdifferent maturities, consistent with the cash flow needs of the charity. ``` ## **`RISKS`** ``` Toaddressawholerangeofrisks,theCentrehasaHealthandSafetystatement,anEmergencyActionPlanand a rangeofpoliciescoveringSafeguarding,Fire,WorkingatHeight,ManualHandling,LegionnairesDiseaseand COSHH amongst others. ``` ``` Trusteeshaveoversightofrisksbeingfacedbythecharityandhowthoserisksaremitigated.Trusteesconsider the following to be the major risks currently facing the charity ``` ``` - Injuryto a serviceuser,especiallywhen usingthe FitnessCentreandotherphysicalactivities.Suitablyqualified staff and coaches are employedand all members of the Fitness Centre undergoa rigorousassessment and induction. Public Liability insurance is maintained. ``` ``` -Lossofincome.About90%ofincomeisgeneratedfromserviceusers.Thisisastrengthbutisalsoarisk with individualsfacingcostoflivingpressuresandorganisationsfacingcostpressures.Trusteesensurethatthe facilities remainofhighquality,thatthechargingstructuresstrikesagoodbalancebetweenaffordabilityand financial sustainabilityand that a wide range of activitiesare provided.The remaining10% is from grantsfrom statutory bodies whichareexposedtofundingpressuresfacedbythosebodies.Whilewewillcontinuetoseekgrantfunding where this is available, the charity strives to be self sufficient. ``` ``` -Reductioninvolunteers.Asnotedabove,thecharitybenefitsfromsignificantvolunteertimewhichwouldbe a significantcostifthiswasundertakenbypaidstaff.Thecharityhasstronglinksinthecommunityandis continually encouraging new volunteers. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` TheGaltresCentreCharitywasincorporatedon18 May2016andregisteredbytheCharitiesCommissionon24 May 2016to takeover the activitiesof the GaltresCentrewhichwas formedundera declarationof truston 17 May 1983, and duly registered as a charity on 24 January 1984. ``` ## **`Recruitment and appointment of new trustees`** ``` Trusteesmay be appointedby existingtrusteesor by Members at an Ordinarymeeting.There is no upperlimit on the numberoftrusteesandtherearecurrently13trusteesrecruitedfortheirskillsandexperience.Trusteescontinue in post until they are disqualified or resign. ``` ``` -4- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Organisational structure`** ``` Theoriginaltrustdeeddecreedthatthecentreshouldbeadministeredbyacommitteeofmanagement, comprising thirtyelectedmembers,plusthirtyfourmembersselectedtorepresenteachoftheorganisationswithinthe town supporting the centre. ``` ``` The Articles of Associationof the Galtres Centre Charityare derived from that originaltrust deed. There continueto be membersassetoutbelow,butaBoardofTrustees(alsoknownasDirectors)whichmeetsonaquarterlybasis is responsiblefor leadingand managingthe Charity.The minimumnumberof directorsspecifiedin the Articlesis 8 with no maximum. ``` ``` Subgroupsareappointedtocarryoutspecificfunctionsintheday-to-dayrunningofthecentre.These comprise Sports Committee, Live Entertainment, Cinema and Satellite, Catering, and Administration. ``` ``` Under the Articles of Association there are a number of classes of members of the charity comprising: ``` ``` o the subscribers to the original Memorandum; ``` ``` oup to thirtyindividualmembers who shallbe electedfrom the generalpublicat the annualgeneralmeetingof the charity (known as elected members); ``` ``` oonemembernominatedbyandrepresentingeachformallyconstitutedcluborsocietywithinEasingwold (known as representative members), the identity of such clubs and societies to be determined by the directors; and o up to ten co-opted members, who shall be determined by the directors (known as co-opted members). ``` ``` Membersmeetonaquarterlybasisatmeetingschairedbyatrusteetoconsiderreportsfromtrustees and sub-committees on the activities of the charity. ``` ## **`Induction and training of new trustees`** ``` NewtrusteesaregivencopiesoftheCharityCommissionleafletdetailingthedutiesandresponsibilitiesof trustees together with a comprehensive Health and Safety Booklet. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 10187450 (England and Wales) ``` ## **`Registered Charity number`** ``` 1167301 ``` ## **`Registered office`** ``` The Galtres Centre Market Place Easingwold North Yorkshire YO61 3AD ``` ``` -5- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`Trustees`** ``` The Galtres Centre Charity is managed by the trustees with the support of the members. ``` ``` The trustees during the period under review were: ``` ``` J R Farmer C J Pearson D Bracewell S M Bracewell C J Smethurst N Madden R F Barugh P Glossop (Resigned on 05/12/2024) W A Rinaldi-Butcher F M Readman (Resigned on 05/12/2024) D E Gallon (Resigned on 01/12/2024) R Westerman S D Mattock J Wintermeyer P M Dack S Hawksworth (Appointed on 01/04/2025) J Osborne (Resigned on 24/04/2024) ``` ## **`Independent Examiner`** ``` UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW ``` ``` This reporthas been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 20 August 2025 and signed on its behalf by: ``` ``` Mr R Westerman - Trustee ``` ``` -6- ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GALTRES CENTRE CHARITY ``` ## **`Independent examiner's report to the trustees of The Galtres Centre Charity ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm thatI am qualifiedto undertakethe examinationbecauseI am a member of the Instituteof CharteredAccountants in England and Wales, which is one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` H Priest ``` ``` UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW ``` ``` 9 September 2025 ``` ``` -7- ``` ## **`THE GALTRES CENTRE CHARITY`** ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`3`
**`Charitable activities`**
`Sporting and other community activites`
`Entertainment activities`
`Investment income`
`4`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`5`
`Sporting and other community activites`
`Entertainment activities`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
`18`
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
**`35,294`**
**`194,450`**
**`49,012`**
**`44,127`**
**`322,883`**
**`213,467`**
**`34,893`**
**`248,360`**
**`74,523`**
**`11,757`**
**`86,280`**
**`1,910,729`**
**`1,997,009`**|`Restricted`
`funds`
`£`
**`37,994`**
**`-`**
**`-`**
**`-`**
**`37,994`**
**`36,994`**
**`-`**
**`36,994`**
**`1,000`**
**`(11,757)`**
**`(10,757)`**
**`50,126`**
**`39,369`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`73,288`**
**`194,450`**
**`49,012`**
**`44,127`**
**`360,877`**
**`250,461`**
**`34,893`**
**`285,354`**
**`75,523`**
**`-`**
**`75,523`**
**`1,960,855`**
**`2,036,378`**|`2024`
`Total`
`funds`
`£`
`64,676`
`168,951`
`35,990`
`39,650`
`309,267`
`341,827`
`24,020`
`365,847`
`(56,580)`
`-`
`(56,580)`
`2,017,435`
`1,960,855`| |---|---|---|---|---| ``` The notes form part of these financial statements ``` ``` -8- ``` ``` THE GALTRES CENTRE CHARITY (REGISTERED NUMBER: 10187450) ``` ## **`BALANCE SHEET`** ## **`31 MARCH 2025`** |`Notes`
**`FIXED ASSETS`**
`Intangible assets`
`12`
`Tangible assets`
`13`
`Investments`
`14`
**`CURRENT ASSETS`**
`Debtors`
`15`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`16`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`18`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`3,409`**
**`1,564,769`**
**`5`**
**`1,568,183`**
**`68,327`**
**`383,923`**
**`452,250`**
**`(23,424)`**
**`428,826`**
**`1,997,009`**
**`1,997,009`**|`Restricted`
`funds`
`£`
**`-`**
**`38,369`**
**`-`**
**`38,369`**
**`-`**
**`1,787`**
**`1,787`**
**`(787)`**
**`1,000`**
**`39,369`**
**`39,369`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`3,409`**
**`1,603,138`**
**`5`**
**`1,606,552`**
**`68,327`**
**`385,710`**
**`454,037`**
**`(24,211)`**
**`429,826`**
**`2,036,378`**
**`2,036,378`**
**`1,997,009`**
**`39,369`**
**`2,036,378`**|`2024`
`Total`
`funds`
`£`
`4,768`
`1,612,173`
`5`
`1,616,946`
`25,211`
`371,208`
`396,419`
`(52,510)`
`343,909`
`1,960,855`
`1,960,855`
`1,910,729`
`50,126`
`1,960,855`| |---|---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 31 March 2025. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` -9- ``` ``` THE GALTRES CENTRE CHARITY (REGISTERED NUMBER: 10187450) ``` ## **`BALANCE SHEET - continued`** ## **`31 MARCH 2025`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon20August2025 and were signed on its behalf by: ``` ``` Mr J R Farmer - Trustee ``` ``` Mr R Westerman - Trustee ``` ``` The notes form part of these financial statements ``` ``` -10- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`1. STATUTORY INFORMATION`** ``` Thecharityisaprivatecompanylimitedbyguarantee,incorporatedinEnglandandWales.The company’s registeredofficeaddressanddetailsofthecharity’soperationsandprincipalactivitiesaregivenin the Trustees’ Report. ``` ## **`2. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompanylimited by guarantee,which is a publicbenefit entity under FRS102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1 January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUK and RepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshavebeenpreparedunder the historical cost convention. ``` ``` ThecharityhasawhollyownedsubsidiaryTheGaltresCentreTradingCompanyLtd.Thecharityhas taken advantageof the exemptionsaffordedby the SORPnotto preparegroupaccountson the basisthatthe gross income of the group is below the group accounts preparation threshold. ``` ## **`Income`** ``` All incomingresourcesare includedon the Statementof FinancialActivitieswhen the charityis legally entitled totheincomeandtheamountcanbequantifiedwithreasonableaccuracy.Specificpoliciesareapplied to particular categories of income. ``` ``` Voluntaryincomeisreceivedbywayofgrants,donations,legaciesandgiftsandisincludedinfullin the Statementof FinancialActivitieswhenreceivable.Performancerelatedgrantsare accountedfor as the charity earnstherighttoconsiderationbyitsperformance.Forcapitalgrants,theaccountingtreatmentofthe asset acquiredisdependentonthecircumstancesofeachcase.Wherethetermsofthegrantaremetonce the specified asset is acquired, the asset is is categorised as unrestricted. ``` ``` The value of services provided by volunteers has not been included in these accounts. ``` ``` Investment income is included when receivable. ``` ``` Incoming resources from charitable activities is accounted for when the right to consideration accrues. ``` ## **`Expenditure`** ``` Expenditureisrecognisedonanaccrualsbasisasaliabilityisincurred.ExpenditureincludesanyVAT which cannot be fully recovered, and is reported as part of sporting and other community activities expenditure. ``` ``` Charitableexpenditurecomprisesthosecostsincurredbythecharityinthedeliveryofitsactivities and services.Itincludesbothcoststhatcanbeallocateddirectlytosuchactivitiesandthosecostsofan indirect nature necessary to support them. ``` ``` Governancecostsincludethosecostsassociatedwithmeetingtheconstitutionalandstatutory requirements of the charity and include the accounts fees and costs linked to the strategic management of the charity. ``` ``` Allcostsareallocatedbetweentheexpenditurecategoriesonabasisdesignedtoreflecttheuseof the resource.Costsrelatingtoaparticularactivityareallocateddirectly,othersareapportionedon an appropriate basis consistent with the use of the resources. ``` ``` continued... ``` ``` -11- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`2. ACCOUNTING POLICIES - continued`** ## **`Intangible fixed assets`** ``` The website is being amortised on a straight line basis over it's estimated useful life of 5 years. ``` |**`Tangible fixed assets`**|| |---|---| |`All weather pitch - site work`|**`50 years straight line`**| |`All weather pitch - surface`|**`10 years straight line`**| |`Fitness suite - equipment`|**`5 years straight line`**| |`Sports hall and entertainment centre - equipment`|**`10 years straight line`**| |`Fixtures, fittings, equipment`|**`5 years straight line`**| ``` The charityhasreviewedits tangiblefixedassets.Wherethe trusteesconsiderthatthe expectedusefullife of freeholdlandandbuildingsisinexcessof50yearsandthecarryingvalueinthefinancialstatementsis not more than the estimatedrecoverableamount,no depreciationis chargedand, in accordancewith FRS 102, the trusteeswillcontinuetocarryoutannualreviewsofimpairment.Nodepreciationischargedonthe Galtres Centre building. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Designated funds are unrestricted funds earmarked by the trustees for particular purposes. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to which they relate. ``` ## **`Leasing commitments`** ``` Rentalspaidunderoperatingleasesarechargedagainstincomeona straightlinebasisovertheperiodof the lease. ``` ## **`Fixed asset investments`** ``` Fixed asset investments are stated at cost less provision for any impairment. ``` ``` continued... ``` ``` -12- ``` ``` THE GALTRES CENTRE CHARITY ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025`** ## **`3. DONATIONS AND LEGACIES`** |`Donations`
`Grants`
`Grants received, included in the above, are as follows:`
`North Yorkshire Council - Sports co-ordinator`
`North Yorkshire Council - Sports hall lighting`
**`4.`**
**`INVESTMENT INCOME`**
`From trading subsidiary`
`Interest received`
**`5.`**
**`CHARITABLE ACTIVITIES COSTS`**
`Sporting and other community activites`
`Entertainment activities`|`Direct`
`Costs`
`£`
**`236,674`**
**`34,893`**
**`271,567`**|**`2025`**
**`£`**
**`36,294`**
**`36,994`**
**`73,288`**
**`2025`**
**`£`**
**`36,994`**
**`-`**
**`36,994`**
**`2025`**
**`£`**
**`29,000`**
**`15,127`**
**`44,127`**
`Support`
`costs (see`
`note 6)`
`£`
**`13,787`**
**`-`**
**`13,787`**|`2024`
`£`
`11,412`
`53,264`
`64,676`
`2024`
`£`
`34,900`
`18,364`
`53,264`
`2024`
`£`
`29,000`
`10,650`
`39,650`
`Totals`
`£`
**`250,461`**
**`34,893`**|`2024`
`£`
`11,412`
`53,264`| |---|---|---|---|---| |||||`64,676`| |||||`2024`
`£`
`34,900`
`18,364`| |||||`53,264`| |||||`2024`
`£`
`29,000`
`10,650`| |||||`39,650`| ||||**`285,354`**|| ``` Sportingandothercommunityactivitiesexpenditureincludes£9,918(£19,382inthepreviousperiod) of irrecoverable input VAT. ``` ``` continued... ``` ``` -13- ``` ``` THE GALTRES CENTRE CHARITY ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025`** ## **`6. SUPPORT COSTS`** |**`SUPPORT COSTS`**||| |---|---|---| |||`Governance`| |||`costs`| |||`£`| |`Sporting and other community activites`||**`13,787`**| |`Support costs, included in the above, are as follows:`||| ||**`2025`**|`2024`| ||`Sporting`|| ||`and other`|| ||`community`|`Total`| ||`activites`|`activities`| ||**`£`**|`£`| |`Administration salaries`|**`5,453`**|**`5,416`**| |`Telephone`|**`293`**|**`220`**| |`Postage and stationery`|**`334`**|**`322`**| |`Computer supplies, support`|**`347`**|**`255`**| |`Accountancy and legal fees`|**`7,350`**|**`5,102`**| |`Interest payable and similar charges`|**`10`**|**`-`**| ||**`13,787`**|**`11,315`**| |**`NET INCOME/(EXPENDITURE)`**||| |`Net income/(expenditure) is stated after charging/(crediting):`||| ||**`2025`**|`2024`| ||**`£`**|`£`| |`Depreciation - owned assets`|**`15,321`**|`17,378`| |`Website costs amortisation`|**`1,359`**|`1,359`| ## **`7. NET INCOME/(EXPENDITURE)`** ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2025norforthe year ended 31 March 2024. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2025norfortheyear ended 31 March 2024. ``` ``` continued... ``` ``` -14- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`9. STAFF COSTS`** ||**`2025`**|**`2024`**| |---|---|---| ||**`£`**|**`£`**| |`Wages and salaries`||| |||| |`Administration staff`|**`54,861`**|`55,009`| |`Outside help`|**`2,965`**|`12,417`| |`Sport and leisure co-ordinator`|**`31,098`**|`30,018`| |`Cleaners`|**`20,240`**|`18,106`| |`Fitness coaching`|**`7,558`**|`8,270`| |||| ||**`116,722`**|`123,820`| |||| |||| |`Gross wages and salaries`|**`113,627`**|`120,379`| |`Social security costs`|**`2,006`**|`1,855`| |`Employers pension costs`|**`1,089`**|`1,586`| |||| ||**`116,722`**|`123,820`| |||| |||| ``` The average number of employees during the year was 8 (2024- 10). ``` ``` Inaddition,variouspeopleassistedonaselfemployedbasiswithcoachingofsportsandotheractivitiesat a total cost of £42,246 (Y/E 2024: £39,290). ``` ``` There are no employees who received total emoluments of more than £60,000. ``` ## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`Charitable activities`**
`Sporting and other community activites`
`Entertainment activities`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Sporting and other community activites`
`Entertainment activities`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**|`Unrestricted`
`funds`
`£`
`11,412`
`168,951`
`35,990`
`39,650`
`256,003`
`288,563`
`24,020`
`312,583`
`(56,580)`|`Restricted`
`funds`
`£`
`53,264`
`-`
`-`
`-`
`53,264`
`53,264`
`-`
`53,264`
`-`|`Total`
`funds`
`£`
`64,676`
`168,951`
`35,990`
`39,650`| |---|---|---|---| ||||`309,267`| ||||`341,827`
`24,020`| ||||`365,847`| ||||`(56,580)`| ``` continued... ``` ``` -15- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |**`Transfers between funds`**
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
`11,757`
`(44,823)`
`1,955,552`
`1,910,729`|`Restricted`
`funds`
`£`
`(11,757)`
`(11,757)`
`61,883`
`50,126`|`Total`
`funds`
`£`
`-`
`(56,580)`
`2,017,435`
`1,960,855`| |---|---|---|---| ## **`11. INDEPENDENT EXAMINER'S FEES`** ``` IndependentExaminer'sfeesfortheperiodwere£7,350(2024:£5,100)plusVAT.Thisincludes£1,750for an independent examination and £5,600 for other services. ``` ## **`12. INTANGIBLE FIXED ASSETS`** |**`INTANGIBLE FIXED ASSETS`**|| |---|---| ||`Website`| ||`costs`| ||`£`| |**`COST`**|| |`At 1 April 2024 and 31 March 2025`|**`6,794`**| |**`AMORTISATION`**|| |`At 1 April 2024`|**`2,026`**| |`Charge for year`|**`1,359`**| |`At 31 March 2025`|**`3,385`**| |**`NET BOOK VALUE`**|| |`At 31 March 2025`|**`3,409`**| |`At 31 March 2024`|`4,768`| ``` continued... ``` ``` -16- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`13. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 April 2024`
`Additions`
`At 31 March 2025`
**`DEPRECIATION`**
`At 1 April 2024`
`Charge for year`
`At 31 March 2025`
**`NET BOOK VALUE`**
`At 31 March 2025`
`At 31 March 2024`
**`14.`**
**`FIXED ASSET INVESTMENTS`**
**`COST LESS IMPAIRMENT`**
`At 1 April 2024 and 31 March 2025`
**`NET BOOK VALUE`**
`At 31 March 2025`
`At 31 March 2024`|`Freehold`
`property`
`£`
**`1,839,092`**
**`-`**
**`1,839,092`**
**`259,985`**
**`5,780`**
**`265,765`**
**`1,573,327`**
`1,579,107`|`Fixtures`
`and`
`fittings`
`£`
**`420,988`**
**`6,286`**
**`427,274`**
**`387,922`**
**`9,541`**
**`397,463`**
**`29,811`**
`33,066`|`Totals`
`£`
**`2,260,080`**
**`6,286`**
**`2,266,366`**
**`647,907`**
**`15,321`**
**`663,228`**
**`1,603,138`**
`1,612,173`
`Shares in`
`group`
`undertakings`
`£`
**`5`**
**`5`**
`5`| |---|---|---|---| ``` There were no investment assets outside the UK. ``` ``` The company's investments at the balance sheet date in the share capital of companies include the following: ``` ## **`The Galtres Centre Trading Company`** ``` Registered office: The Galtres Centre, Market Place, Easingwold, North Yorkshire, YO61 3AD Nature of business: Trading subsidiary ``` |`Nature of business: Trading subsidiary`||||| |---|---|---|---|---| ||`%`|||| |`Class of share:`|`holding`|||| |`Ordinary`|**`100`**|||| ||||**`2025`**|`31/3/24`| |||**`£`**||`£`| |`Aggregate capital and reserves`|||**`5`**|`5`| ``` continued... ``` ``` -17- ``` ``` THE GALTRES CENTRE CHARITY ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025`** ## **`15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`15.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Trade debtors`
`Due from trading company`
`Prepayments and accrued income`
**`16.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Social security and other taxes`
`VAT`
`Accruals and deferred income`|**`2025`**
**`£`**
**`7,682`**
**`44,090`**
**`16,555`**
**`68,327`**
**`2025`**
**`£`**
**`1,949`**
**`1,995`**
**`20,267`**
**`24,211`**|`2024`
`£`
`3,127`
`8,501`
`13,583`| |||`25,211`| |||`2024`
`£`
`3,349`
`2,520`
`46,641`| |||`52,510`| ## **`17. LEASING AGREEMENTS`** ``` Minimum lease payments under non-cancellable operating leases fall due as follows: ``` |`Within one year`
`Between one and five years`
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
`Designated fund`
**`Restricted funds`**
`All weather pitch reserve`
`Sports hall reserve`
`Electronic signage`
**`TOTAL FUNDS`**|`At 1.4.24`
`£`
**`1,830,729`**
**`80,000`**
**`1,910,729`**
**`13,485`**
**`36,641`**
**`-`**
**`50,126`**
**`1,960,855`**|`Net`
`movement`
`in funds`
`£`
**`74,523`**
**`-`**
**`74,523`**
**`-`**
**`-`**
**`1,000`**
**`1,000`**
**`75,523`**|**`2025`**
**`£`**
**`1,856`**
**`928`**
**`2,784`**
`Transfers`
`between`
`funds`
`£`
**`(66,743)`**
**`78,500`**
**`11,757`**
**`(4,045)`**
**`(7,712)`**
**`-`**
**`(11,757)`**
**`-`**|`2024`
`£`
`1,856`
`2,784`
`4,640`
`At`
`31.3.25`
`£`
**`1,838,509`**
**`158,500`**|`2024`
`£`
`1,856`
`2,784`| |---|---|---|---|---|---| ||||||`4,640`| |||||**`1,997,009`**
**`9,440`**
**`28,929`**
**`1,000`**|| |||||**`39,369`**|| |||||**`2,036,378`**|| ## **`18. MOVEMENT IN FUNDS`** ``` continued... ``` ``` -18- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`18. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Sports and leisure fund`
`Electronic signage`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`322,883`**
**`36,994`**
**`1,000`**
**`37,994`**
**`360,877`**|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(248,360)`**
**`74,523`**
**`(36,994)`**
**`-`**
**`-`**
**`1,000`**
**`(36,994)`**
**`1,000`**
**`(285,354)`**
**`75,523`**| |---|---|---| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
`Designated fund`
**`Restricted funds`**
`All weather pitch reserve`
`Sports hall reserve`
**`TOTAL FUNDS`**|`At 1.4.23`
`£`
`1,955,552`
`-`
`1,955,552`
`17,530`
`44,353`
`61,883`
`2,017,435`|`Net`
`movement`
`in funds`
`£`
`(56,580)`
`-`
`(56,580)`
`-`
`-`
`-`
`(56,580)`|`Transfers`
`between`
`funds`
`£`
`(68,243)`
`80,000`
`11,757`
`(4,045)`
`(7,712)`
`(11,757)`
`-`|`At`
`31.3.24`
`£`
`1,830,729`
`80,000`| |---|---|---|---|---| |||||`1,910,729`
`13,485`
`36,641`| |||||`50,126`| |||||`1,960,855`| ``` continued... ``` ``` -19- ``` ``` THE GALTRES CENTRE CHARITY ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ``` ## **`18. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Sports and leisure fund`
`Sports hall lighting`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`256,003`
`34,900`
`18,364`
`53,264`
`309,267`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(312,583)`
`(56,580)`
`(34,900)`
`-`
`(18,364)`
`-`
`(53,264)`
`-`
`(365,847)`
`(56,580)`| |---|---|---| ``` Therestrictedfundsallrelatetograntsanddonationsreceivedforspecificpurposesaslaiddownby the donors. ``` ``` The sportsandleisurefundrelatesto fundingfromNorthYorkshireCouncilto assistinthegeneral well-being and health improvementof the communitiesin the south of Hambleton,throughthe provisionof sport, leisure and the arts. ``` ``` The electronicsignagefundrelatesto a legacydonationreceivedspecificallyto contributetowardsthe cost of electronic signage within the Centre. The funds received were not spent during the current financial year. ``` ``` Thecapitalreserverestrictedfunds(beingtheall-weatherpitchreserveandthesportshallreserve), are writtenoffoverthesameperiodasthedepreciationperiodoftheassetforwhichtheywerereceived and transferred to general funds. ``` ``` The trusteeshave designated£158,500for plannedexpenditurein the next 3 to 5 years. This will initially cover the costof replacingthe windowsto the southelevation,replacementgym equipmentanddevelopmentof IT and the website. This fund is unrestricted. ``` ## **`19. RELATED PARTY DISCLOSURES`** ``` ThetotalvalueofsharedoverheadcostschargedbyTheGaltresCentretoitswhollyownedsubsidiary The Galtres Centre TradingCompanyLtd in respect of the use of its facilitiesamountedto £27,179(2024: £51,449). TheGaltresCentreTradingCompanyLimitedalsopaidTheGaltresCentre£24,000(2024:£24,000)rentfor a fitness suite and £5,000 (2024: £5,000) for the use of exercise machines. ``` ``` Adonationof£32,032(2024:£5,410)wasreceivedfromTheGaltresCentreTradingCompanyLtdduring the current year. ``` ``` The balanceowedby The GaltresCentreTradingCompanyto The GaltresCentreat 31 March2025 amounted to £44,090 (2024: £8,501). This balance is interest free and repayable on demand. ``` ``` -20- ``` ``` THE GALTRES CENTRE CHARITY ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grants`
**`Investment income`**
`From trading subsidiary`
`Interest received`
**`Charitable activities`**
`Entertainment income`
`All weather pitch`
`Sports hall`
`Senior activities`
`Fitness training`
`Creative arts class`
`Coaching`
`Holiday activities`
`Pre school creche`
`Room hire`
`Billiards`
`Other income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Administration salaries`
`Pensions`
`Entertainment costs`
`Sports and leisure co-ordinator`
`Coaching, other assistance`
`Gardening wages, materials`
`Cleaning wages, materials`
`Repairs, maintenance`
`Heat, light`
`Carried forward`|`2025`
`£`
**`36,294`**
**`36,994`**
**`73,288`**
**`29,000`**
**`15,127`**
**`44,127`**
**`49,012`**
**`17,022`**
**`34,556`**
**`8,552`**
**`70,861`**
**`6,965`**
**`2,135`**
**`97`**
**`2,183`**
**`47,027`**
**`3,283`**
**`1,769`**
**`243,462`**
**`360,877`**
**`49,076`**
**`1,089`**
**`34,893`**
**`30,399`**
**`49,746`**
**`3,174`**
**`25,641`**
**`19,209`**
**`27,812`**
**`241,039`**|`2024`
`£`
`11,412`
`53,264`| |---|---|---| |||`64,676`
`29,000`
`10,650`| |||`39,650`
`35,990`
`12,402`
`27,461`
`8,081`
`60,818`
`7,514`
`2,480`
`178`
`1,609`
`42,986`
`3,779`
`1,643`| |||`204,941`| |||`309,267`
`48,743`
`1,586`
`24,020`
`29,344`
`47,498`
`12,627`
`23,366`
`110,363`
`40,751`
`338,298`| ``` This page does not form part of the statutory financial statements ``` ``` -21- ``` ``` THE GALTRES CENTRE CHARITY ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025`** |**`Charitable activities`**
`Brought forward`
`Water rates`
`Insurance`
`Telephone`
`Printing, postage, stationery`
`Computer supplies, support`
`Sundry expenses`
`Development costs`
`Depreciation`
`Recharges to trading subsidiary`
**`Support costs`**
**`Governance costs`**
`Administration salaries`
`Telephone`
`Postage and stationery`
`Computer supplies, support`
`Accountancy and legal fees`
`Other interest`
`Total resources expended`
**`Net income/(expenditure)`**|`2025`
`£`
**`241,039`**
**`3,670`**
**`7,069`**
**`2,641`**
**`3,005`**
**`3,125`**
**`21,517`**
**`1,359`**
**`15,321`**
**`(27,179)`**
**`271,567`**
**`5,453`**
**`293`**
**`334`**
**`347`**
**`7,350`**
**`10`**
**`13,787`**
**`285,354`**
**`75,523`**|`2024`
`£`
`338,298`
`2,843`
`6,787`
`1,978`
`2,902`
`2,296`
`32,140`
`1,359`
`17,378`
`(51,449)`
`354,532`
`5,416`
`220`
`322`
`255`
`5,102`
`-`
`11,315`
`365,847`
`(56,580)`| |---|---|---| ``` This page does not form part of the statutory financial statements ``` ``` -22- ```