Ocean Road Centre
Charity No. 1172910
Company No. 10714067
Trustees, Report and Ullaudited Account5
315t March 2025

CONTENTS
Pages
Trustees, Annual Report
Ind¢pendent Examiner's Report
Statem¢nt of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
Detailed Ststernent of Financial Activities
2to3
8t013
14to15
Page I

TRUSTEES AIYNUAL REPORT
The Tn￿tees. who also directo￿ of the charlty for the p￿ry￿es of the Companies Act 2006, prtgent their report wlth
the wiaudited fAll1￿CIal ststements of the charity foi the period ended 31 Marcb 2025.
REFERENCE AThD ADMINISTRATIVE DETAILS
Company No. 10714067 Charity No 1172910
Registered OtTice
Ocean Road Centre
Ocean Road
South Shields
Tyllc & Wear NE33 2DW
Direetor5 and Trustees
The DirectOES of the clwitable ¢ompaDy are its Trustees for the purposes of clwity law. The followiDg Director% and
T￿￿tecS served during the year.
A Mcmillan
F. Stephen5011
l Duncan
L Campbell
L Hodgson
PA Mossa
M A Siddiqu¢
Secretary
E Stephenson
Chair
Vice Chair
Treasurer
(Resigned 5th 5￿ternber 2025
IResigned 3 1st DeCem￿r 2024)
Independent Examlner
JTHogg
JFS Torbitt
58 Durham Road
Birtley
DH3 2QJ
ORIECTIVES AND AcfiviTIES
Thc purpose of the charity &s set out in its governing document- to furtb£r or benefit ptrople living ill and around Ocean
Road and the wider community in South Shields. without distinction of sex. sexual orienlation, race or ot political,
religious or other opinions by associating together the said residents and the local authorities, voluntary and other
Organisations in a COElltnon effort to adv￿lCe eth￿atIOn aod to provide facilities in the inte￿st5 of S￿la1 wclfare for
recreation and kisutL occupation with the objective of improvillg the ￿￿ditiOnS of life for th£ r&sideDts.
The main activities undertaken in relation to those purposes include various soci21, arts and cratis, youth and sports and
fithess activities. The centre also has a thriving canteen and hiw out varioug rooms.
The above activities are all for ihe bcncfit of the local residcnts of Ocean Road and the sum)UDding areas and ftir the public
benefit. The trusfres have given duc consideration to the Charity Cornmtsston's guidancc on the public benefit requiremenL
Ocean Road has a number of scrvices based in thc ceDtre which offers essential advice. support and guidance to the
community. The Connexions service supports young people in training. edllc*ion and employment. The Day Scrvices is a
service which operates daily activities for prople with l¢aming disabilities. YOUT Voice Counts which is an advocacy group
forpeople with learning difficultie5 and finally Youth Service which provides youth activities and learning for young
people.
Page 2

ACHIEVEMENTS AND PERFORMANCE
Ocean Road Ccntre coi1rtinoLse to create sctivities tbat meet the needs of thc commurrity of South Shiclds and
South Tyneside. We continue to serv¢ the community and engage meDthers in many activiti¢s around Sports.
Filness, Arts, Social Activities and Youth Work. We work with partners from vaTiOUS services that support
and enhance the work on offer.
With th¢ funding from the Youth Investment Fund to build a youth centre we have started to engage with
young people and services from, the local conununity, creating activities for all young pcople aged 8 upwards
with specific foc￿ on young people aged 11-21 yeats. Working in parttEesbip to meet the most cballenging
young people and most in need of support.
Creating space which included a sports hall and youth rooms
has and will continue to benefit the young people and community a5 a whole, bringing a new state of the art
centre which is essential for the town.
The additional staff which we employed last year has created more opportunities for the ¢entre and enabled us
to be open for additional knurs of the weeL This included our Coll]￿ty café serving the people who are the
most isolated to have a place for them to attend and meet new people whil¢ offering meals
External funding has been sought to sustain the centre as we grow and extend the hours and more focL8 on the
youth centre activities.
The work is comtn¢Dcing in the ccntre and we aim to be fully operdtional by the end of 2025.
FINANCIAL REVIEW
The company's financial position at the end of the year is as sct out on pages 5 to 13
The trustees have detern]ined that Ocean Road Centr¢ still has suffi¢ient reserves to cover them for 2 yeaTS
nuuiin2 costs.
REPORTIIYG STRUCTURE
The company is eligible for ex¢niption from audit under company law and has also always qualified under
chaTity law and has therefore been subject to independent ¢xamination.Due to the grants received in respect of
th¢ youth centr¢, our income has exceeded the £lm threshold in the year. We ha￿ applied to the Cbarities
Commission for clearance to remain exempt from the audit requirement on the basis that our fijture incom¢
will again reduce below the threshold. At the time of reporting, the reply from the Commisssion is pending.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Th¢ Centre is governed by the Memorandum and Articles of Association registered at Companies House The
recruitment and appointment of new tTUStees is gov¢rned by S12 of the Articlcs Of Association, which states
that the Trustees may at any tinic appoint additional trust¢¢s, being persons who are considercd able to
contribute to the proper management and conduct of the business of the Charity and further its objects.
The Trust¢¢s are responsible for keeping pmper accounting records that disclose with reasonable accuTacy at
any tiTlle the financial position of the chartty and to enable them to ensure tbat the financial statements comply
with the Companies Act 2006. The Trustees are also responsible for safeguarding tbe assets of the clwity and
henc¢ taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepaied in accordance witEL th¢ provisions applicable to companies subject to the
small companies, regime as set out in Part 15 of the Cotnpanies Act 2006 and in accordance with the Cbarities
SORP (FRS 102).
Signed on behalf of the board
A. Mcmillan
Trustee
4th December 2025
Page 3

YDEPENDENT EXAMtNERS REPORT
Independent Examiner's Report to the trustees of Ocean Road Centre
I report on the accounts of Ocean Road Ccjitre for thc period ended 31 March 2025 which comprise tb¢
Statemcnt of Financial Activities. the Summary Incom¢ and Expenditure AccounL the Balance Sheet and the
related notes.
Respective responsibilities of trnstees and examiner
Th¢ trnstees (who are also directors of the ¢haTitable company for the purposes of company law) are
responsible for the prepdration of the accounts. The trustees consider that an audit is not required for this y
under the Charities Act 2011. s.144(2) (the 2011 Act) and that an independcnt examination is needed.
Hiiving satisfied myself that the charity is not subject to audit under company law and is e]igilTrle for
ind¢pendent examinatio￿ it is my responsibility to-
examine the accounts under s.145 of th¢ 2011 Act.
follow PTocedures laid down ill the generaI Directions given by the Charity Con]mission lllld￿ s.145{5){b) of
the 2011 Act:
of the 2011 ACL and
state whether particular matters bave come to my attentio
Basis of independent examiner's report
My ¢xamination was carried out in accordance with the general d1￿ctionS given by the Charity Con]mission.
An examination includes a review of the accounting rccords kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeking explanations from you &s trustees concerning any such matters. The proccdures do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to
whether the accounts present a "tThe and fair" view and the report is limited to those matters set out in the
statcment below.
Reporting Structure
I draw attention to the note on reporting structure in tbe Trustees, Report. The validity of my r¢port depends
upon the outcotne of the submission to the Cbarity Commissioners in respect of this matter. My report is
produccd on the &ssumption that the iwdit exemption will be granted
Independent examiner's statement
In connection with my examination. no matter has come to my attention:
(l) which gives me reasonable cause to believe that in any nLqterial respect the requir¢ments: to keep
acGounting ￿cOrdS in accordance with the Companies Act 2006, s.386 and to prepare accounts which
accord with the accounting record4 comply with the accounting requirements of section 396 of the
Companies Act 2006 and with tbc methods and Prillciples of the
Charities Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met". or
(2) Éo which, in my opinion. attention should be drawn in order to enable a proper und¢TStanding of the
accounts to b¢ reacbed.
Mr Jol]n Trevor Hogg Chartered Accountant
JFS Torbitt, 58 Durham Roa(L Birtley, DH3 2QJ
4th December 2025
Page 4

Ocean Road Centre
STATEMENT OF FINANCIAL ACtIVlTIES
for the year ended 31 March 2025
Unrestricted Restricted
funds
funds
2025
2025
Total
funds
2025
Tot21
funds
2024
Notes
Income and endowments
Charitable activities
Other trading activities
Investment5
Other
157,555
101,036
2,964
3,025 1,605,433
157,555
115,039
2,964
1,608,458
155,994
106,529
2.396
89,881
14,003
Total
264,580 1,619,436
1,884,016
354,800
Expenditure on:
Raising funds
Other
43,959
193,719
12,128
154,234
56,087
347,953
57,135
215,360
Total
237,678
166,362
404,040
272,495
Net Income/{expenditure)
26,902 1,453.074
1,479,976
82,305
Net movement in funds
26,902 1,453,074
1,479,976
82,305
Reconciliation of funds:
Total funds brought forward
508.753
152,520
661,273
578,968
Total funds carrled forward
535,655 1,605,594
2,141,249
661,273
Page 5

Ocean Road Centre
SUMMARY INCOME AND EXPENDITURE ACCOUNT
for the year ended 31 March 2025
2025
2024
Income
1,881.052
352,404
Interest
2,964
2,396
Gross income tor the year
1,884,016
354,800
Expenditure
404,040
272,495
Total expenditure for the year
275,495
Net income for the year
1,479,976
82,305
Page 6

Ocean Road Centre
BALANCE SHEEF
at 31 March 2025
Notes
2025
2024
Fixed Assets
Assets under construction
946,687
Current Assets
Stocks
Debtors
Cash at bank and in hand
io
li
330
20.625
1.257,903
1.278,858
1,380
87.011
600,429
688.820
Credltor5: Amount falling due within one year
12
84,296
27,547
Net Current asset5
Total assets less current liabilities
Total net assets
1,194,562
661,273
2,141.249
661,273
the funds of the charity
Restricted funds
Restricted income funds
13
1,605,594
152.520
Unrestricted funds
General funds
Designated Funds
13
355,655
180,000
508,753
2.141.249
508,753
Reserrfes
13
2.141,249
661.273
Total funds
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
For the year ended 31 March 2025 the company was entitted to exemption under section 477 of the
Companies Att 2006 relating to Small companies.
The members have not required the company to obtain an audit in accordance with settion 476 of the
Companies Art 2006.
The director5 acknowledge their responsibilitie5 for complying wtth the requirements of the Companie5
Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 4th December 2025
And signed on its behalf by
can
Trustee
P.ege 7

Ocean Road Centre
NOTES TO THE ACCOUNT5
l Accounting policies
Basis of preparation
The financial statement5 have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102)-Charities SORP IRF51021 (effective l January 2015)- The Financial Reporting Standard
applicable in the UK and Republic of Ireland IFR5102) and the Companies Act 2006.
Change in b35is of accounting or to pyevious accounts
There has been no change to the accounting policies.
Fund Accounting
Unrestricted funds
These are available for use at the discretion of the trustees in
furtherance of the general objects of the charty
These are unrestritted funds earmarked by the trustees for particular purposes
These are available for use subject to restrictions imposed by the donor or
through terms of an appeal
Designated funds
Restricted funds
Income
Recognition of
Income
Income is included in the Statement of financial Artivities {SOFAI when the
charity becomes entitled to, and virtually certain to receive. the income and the
amount of the income can be measured with sufficient reliability
Where income has related expenditure the income and related expenditure is
reported gross in the SOFA
Voluntary intome received by way of grants. donations and Bifts is included in
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Income from tax reclaims is included in the SOFA at the same time as the
gift/donation to which it relates.
These ale only included in income (with an equivalent 3mount in expenditure)
where the benefit to the Charity is reasonably quantifiable. measurable and
Fnaterial
The value of any volunteer help received is not included in the accounts
This is included in the accounts when receivable
This includes any gain or loss resulting from revaluing investments to market
value at the end of the year
Income with related
expenditure
Donations and
legacies
Tax reclaims on
donations and gifts
Donated service5
and facilities
Volunteer help
Investment income
G3insl(1055es) on
revaluation of
fixed assets
GaitTrs/llosses1 on
investment assets
Assets under
construction
This includes any gain or loss on the saleof investments
Expenditure on assets under construction is capitalised at cost and will be
transferred to the appropriate category when complete and an appropriate
depreciation policy will be introduced.
Page S

Ocean Road Centre
NOTES TO THE ACCOUNTS
Expendlture
Recognition of
expenditure
Expendlture is recognised on an accruals basis. Expenditure includes any VAT
which cannot be fully recovered, and 15 reported as part ofthe expenditure to
which it relates.
These comprise the costs associated with attracting voluntary income,
fundraising trading costs and investment management costs.
These comprise the costs incurred by the Charity in the delivery of its artlvities
and services in the furtherance of its objects. including the making of grants and
governance costs.
All grant expenditure is accounted for on an artual paid basis plus an accrual
for grant5 that have been approved by the trustees at the end of the year but
not yet paid.
These include those costs associated with meeting the constrtutional and
statutory requirements of the Charity. including any auditlindependent
examination fees, costs linked to the strate8ic management of the Charity.
together with a share of other administration costs.
These are support costs not linked to a particular activity
Expenditure o
raising funds
Expenditure on
charitable activities
Grants payable
Governance costs
Other expenditure
Taxation
The charity is exempt from Corporation Tax on its charitable activities
Stock$
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at
fair value which is the amount the charitywould have been willing to pay for the items on the open
market.
Trade and other debtors
Trade and other debtors are recognised at the Settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvolents
Cash and cash equivalent5 comprise cash at bank and on hand. demand deposit5 Wlth bank5 and other
short-term highly liquid investments with original maturities of three month5 Or le55 and bank overdrafts.
Trade and other creditors
Short term creditor5 are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third pami and the amount due to settle the obligation can be measured or estimated
reliably. Creditors and provision5 are normally recogni5ed at their settlement amount after allowing for
any trade discounts due.
Page 9

Ocean Road Centre
NOTES TO ThE ACCOUNTS
Pension costs
The company operat25 a defined cor*tributiDn plan for its employee5. A defined contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity. Once the
contributions have been paid the company has no further payments obligations. The contributions are
reco8nised as expenses when they fall due. Amounts not paid are shown as accruals in the balance sheet.
The assets of the plan are held separately from the company in independently administered funds.
2 Company status
The cornpany is a private company limited by guarantee and consequently doe5 not have share capital.
3 Income from charitable artivities
Unrestricted Re5trlcted Totsl
2025
2025
2025
Totsl
2024
Letting5 income
157.555
157,555
155,994
4 Income from other trading activities
Unrestrfcted Restrictsd
2025
2025
Total
2025
Totsl
2024
Canteen income
Section Income
101.036
101,036
14.003
115,039
94,901
11,628
106,529
14.003
14.003
101,036
5 Income from investments
Unrestricted Réstrirted
2025
2025
Total
2025
Total
2024
Interest recelvable
2,964
2.964
2396
6 Other income
Unrestrirted Restrfrted
2025
2025
Total
2025
Total
2024
Grants and donations
Mi5cellaneou5 Income
2.975 1,605,433
50
1,608.408
50
89,881
3,025 1,605.433
1,608,458
89,881
Page 10

Ocean Road Centre
PIOTES TO THE ACCOUNTS
7 Expenditure on rai5in8 funds
Unrestrlrted Restrlcted
2025
2025
Totsl
2025
Total
2024
Fundmising trading cost5
Canteen income costs
Section Income costs
43,959
43,959
12,128
56,087
42.301
14,834
57.135
12,128
12.128
43.959
8 Other expenditure
Unrestricted Restiicted Total
2025
2025
2025
T¢)tal
2024
Employee costs
Motor and travcl costs
Premises costs
General admiriistration costs
Legal and professional costs
Independent examiner- yearend and report
-payroll and other
Other legal and professional
118.926
iio
56,353
13.581
139,501
258.427
iio
61.705
16.117
134.705
1.002
63.867
10,502
5.352
2.536
1.440
9.933
221
154,234 347,953
3.088
221
193,719
6,845
2,128
1,476
215,360
9 Stsff costs
Unrestricted Restrirted
2025
2025
Total
2025
Totsl
2024
Salaries and wages
Pension costs
staff entertaining
Staff training
Uniform costs
115,525
137368 252,893 129,406
1466
4.314
2.373
20
1,377
I,oio
794
190
755
139,501 258.427
134,705
20
343
667
190
118.926
io Stocks
2025
2024
Finished Goods
330
1.380
11 Debtors
2025
2024
Trade debtors
Prepayments:
19.425
10,485
75,326
1.2
87,011
Building expenditure in advance
Other
1.200
20.625
12 Creditors: Arnounts falling due within one year
2025
2024
Other creditors
84,296
27,547
Page 11

Ocean Road Centre
NOTES TO THE ACCOUNTS
13 Movemerrt in fijnds
2024
Incoming
Resources
Resour￿$ Transfers
Expended
2025
Restrlrted funds:
Restricted Incorne Fund5:
Restricted Funds
152,520
1.619.436
166,362
1,605.594
Totsl
152,520
1,619,436
166,362
1,605.594
Unrestrkted funds:
General funds
De$ignated funds:
Furnlshing fvnd
Redundancy pro¥i50n
Total Designated
508,753
264,580
237,678
(180.0001
355,655
£150.000
£30,0(M]
180.000
150.000
180.000
Totsl unresrtlcted
Total funds
661273
IA84,016 404.040
2.141.249
Purposes and restrittion5 in relation to the funds:
Restrirted funds:
Section funds
CLLOR fund
YIF Fund
2025
67.439
7,91)0
1,530.255
I,605￿94
2024
68155
7184
77181
152,520
Funds arising from separate section5 in the centre
External funds for operations
Funding Annexe for Youth Attivities Icapitsl and Revenue)
Designated fund5'.
Furnishing fund has beeTr Set aside for the costs of new furniture for the new annexe and the existing centre
The redundancy fund is established to rneet the potential costs of redundanry if the centre was to close.
14 Analysls ot net assets between funds
Unrestrlrted Restricled
Totsl
Fixed Assets
Net current asset5
Net assets
946.687
813.141
1.605,5
946.687
1,348,796
2,141,249
535,655
535,655
Page 12

Ocean Road Centre
NOTES TO THE ACCOUNTS
15 Commltments
Operating Lease Commitments
There were no operating lease commitments
Pension cornmltments
2025
2024
The pension c05t charge to the company amounted to
4,314
2.373
16 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital," thus no single paty Controls the company.
Page 13