**Charity registration number 1175294 (England and Wales) Company registration number 10847748** ## **FARNCOMBE DAY CENTRE LIMITED** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **FARNCOMBE DAY CENTRE LIMITED** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Dr E W Hislop (Chair) Ms S Thompson Mr T M Gammon Ms L A Grout Ms J E Elcombe Mr D Barker Ms R Thomson Ms C Barnado Ms A Griffiths **Charity number** 1175294 **Company number** 10847748 **Registered office** Farncombe Day Centre **and Principal address** St John's Street Farncombe Godalming Surrey GU7 3EJ **Independent examiner** Linda Dunford FCCA CTA Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF **Bankers** Co-operative Bank PLC - Manchester 1 Balloon Street Manchester M60 4EP Lloyds Bank PLC - Godalming 49 High Street Godalming Surrey GU7 1AT (Appointed 30 August 2025) (Appointed 2 September 2025) ## **FARNCOMBE DAY CENTRE LIMITED** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5 - 6| |Balance sheet|7| |Notes to the financial statements|8 - 20| ## **FARNCOMBE DAY CENTRE LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". ## **Objectives and activities** The Trustees operate a day and social centre for those living in the Farncombe and Godalming area. The Centre is open every weekday throughout the year. The service provided is used primarily by those over the age of 50 but is encouraging more attendance by younger users. Its main objectives are providing a nutritious mid-day meal as well as offering social activities and entertainment, and providing additional services, such as assisted bathing, chiropody, hairdressing etc. Many users would be unable to attend the Centre without transport, so the Charity operates a minibus provides individual door to door transport. ## **Chairman’s Report: Summary of Activities and Strategic Outlook** As we review the financial year ended 31 March 2025, Farncombe Day Centre remains a vital lifeline for our community, demonstrating resilience amidst a challenging economic landscape. Our impact this year has been substantial, with the Centre serving over 10,000 meals (combining in-house dining and our Community Meals Service) and facilitating approximately 6,100 minibus trips to ensure our most vulnerable residents remain connected and supported. ## **Governance and Modernization** To address the shifting funding landscape, the Trustees have taken a proactive approach to governance. We have strategically reshaped the Board through targeted recruitment, successfully bolstering the Trustee skill base with professional expertise in fundraising, marketing, and strategic communications. This enhances our capacity to move beyond reliance on statutory grants and build a diverse, sustainable income portfolio. We have also recognised the need to de risk the operations and management processes through succession planning and collaborative working. To this end we have recruited Dave Barker as Co- Chair of trustees and the executive board. The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Future Plans and Modernization: A Vision for 2030** As we approach the planned launch of our strategic expansion, the Trustees have taken a proactive and robust response to the currently challenging fundraising environment. Our vision for the Farncombe Day Centre is not merely to maintain current services, but to evolve into a resilient, multi-generational hub capable of serving Godalming’s growing population through to 2030 and beyond. To achieve this, we have strategically reshaped our governance structure. Through targeted recruitment, we have successfully bolstered the Trustee skill base, adding vital professional capacity in fundraising, marketing, and strategic communications. This influx of expertise allows us to move beyond reliance on statutory grants and build a diverse, sustainable income portfolio utilizing the new commercial potential of the Centre. Central to this modernization is the improved functionality of our digital presence. We are deploying a redesigned website specifically engineered to support high-level grant applications and streamline community fundraising activities. This tool will be critical in unlocking the external capital such as National Lottery Grants and Community Infrastructure Levy (CIL) Funding required for our "Future Proofing" project. With a targeted completion date of 2030, this capital expansion will deliver the physical infrastructure needed to support the projected 20% rise in our elderly population and the 1,240 new homes planned for our area. We move forward with a highly positive outlook, bolstered by strong, evidenced support from local Councillors’, MPs, and our partners at Godalming Town Council and Waverley Borough Council. Together, we are securing a facility that is fit for the future. - 1 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **Grants and Fundraising** The Charity is supported by Waverley Borough Council by grant funding and the provision of premises. The 3- year Funding Agreement which commenced on 01 April 2022 provides a grant of £60,000 per annum. This grant accounts for 27% of the Charity’s running costs. The Trustees appreciate that working together with Waverley Borough Council enables the Day Centre to continue to provide its services to vulnerable members of the local community. However, towards the end of the year, the Centre was informed by Waverley Borough Council that under the next three year funding period, its annual grant would be reduced from £60,000 per year to £35,000 per year. For the first year, this has been offset by a one-off grant of £15,000 from Godalming Town Council but will continue to impact the Centre’s finances in the following years. A further threat to this source of income is the plans for Local Government Reorganisation, which will result in Waverley Borough Council ceasing to exist. This adds to the importance of broadening the Centre’s sources of income. Godalming Town Council has also supported the Charity with a £7,500 grant to support the cost of running the minibus which is critical for transporting users to the day centre. The Charity was also successful in obtaining a National Lottery grant of £10,000 towards the increased costs of running the minibus. This grant was for two years commencing 26 July 2024 so £3,333 was recorded in the financial year ending 31 March 2025. The Charity is also immensely grateful to have received several legacies from former clients and generous donations from various local organisations and businesses. ## **Financial review** The Charity recorded a net deficit of £6,230 for the year ended 31 March 2025 (2024: £7,437 deficit). Total income in the year increased by £5,738 to £216,058 (2024: £210,320). - Income from **Charitable Activities** increased by £13,216 to £134,342 (2024: £121,126). Approximately half of this increase is due to annual price increases on catering and associated sales and the other half due to increased demand from clients. Charitable Activities include income from day centre catering, community meal service and minibus transport to the centre. - **Sale of Goods** increased to £20,776 (2024: £17,201) driven by strong demand for bathing, hairdressing and chiropody services. - The increase in sales relating to Charitable Activities was offset by a reduction in income from **Donations and Legacies** of £7,616 to £80,595 (2024: £88,211). This was due to several grants in 2024 not being replicated in 2025 reflecting the increasingly competitive environment in obtaining grant funding as more charitable organisations come under pressure to support vulnerable members of the community. Total costs in the year increased by £4,631 to £222,288 (2024: £217,537). The largest cost for the centre is staff salaries which comprises 58% of total costs. Increased costs in the year were mainly an increase in staff salaries (£2,363 increase) due to annual pay reviews and minibus leasing costs (£2,371 increase) due to a full year of the new minibus lease. Despite a small deficit for the last two years the charity maintains a strong reserves position. The charity aims to hold a general reserve of between 6 to 9 months of running costs to cover any unforeseen events. As of 31 March 2025, the general reserve of £163,677 represented 8.84 months of running costs. In the longer term, the Charity will need to generate a greater level of donations or income from its activities. However, the need to generate income must be balanced with the need to provide services at an affordable price for users of the Day Centre, many of whom come from the poorest parts of the Waverley Borough. Farncombe Day Centre remains financially stable with healthy reserves. Continued support from local authorities and community partners is essential to sustain services for vulnerable residents. ## **Risk Management** The Trustees prepare a formal Budget each year which enables them to identify significant factors and risks that Farncombe Day Centre is likely to face in the coming period. In addition, the Trustees review regularly the main operational risks to ensure the smooth functioning of its activities. The Trustees have identified and reviewed the risks to which the Charity is exposed and have appropriate controls in place. - 2 - FARNCOMBE DAY CENTRE LIMITED TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governance and management As of 1 April 2018. Ihe Charily operating and managing Ihe Farncombe Day Centre is Farncombe Day Centre Limited, which is controlled by its governing document. Articles of Association of November 2017. This charity has taken over from the previous charity. Age Concem Farncombe with the trustees having set up a new charitable company, limited by guarantee, Farncombe Day Centre Limited (charity 1175294 and company number 108477481. The change was formally approved by the membership of Aoe Concern Farncombe at an Extraordinary General Meeting on 24 July 2017. The transfer ol assets and liabililies of Age Concern Farncombe to Farncombe Day Cenlre Limited was done by Deed of Declaration on 31 March 2018. Farncombe Day Centre has a Board ofTruslees, who are also Directors of the charitable company. Trusle8s are appointed by the Board of Trustees at their regular meetings. The Trustees undertake Ihe management function with meetings being held monthly or bi-monthly which are attended by the Manager lo whom day Ici day management is delegated within defined terms of reference. The Irustees, who are also the directors lor the purpose of Company law, and who served dLJring the year and up lo the dale of signature of the financial statements were.. Dr E W Hislop (Chairl Ms S Thompson MrT M Gammon Ms L A Grout MrMEOFry Ms J E Elwmbe Mr D Barker Ms R Thomson Ms C Barnado Ms A Griffiths (Resigned 3 July 20251 IAppoSnled 30 August 20251 (Appointed 2 September 20251 Truste8 applications are invited frorn interested parties and references are taken. An applicanl is provldèd with an indu¢lion pack, including the constitution and previou5 minulas ol Truste8 m881ings. To gain an understanding of the 08y Cenlre's aolivilies 8nd operations, the applicant meets wllh the Chair and is invited lo visit the Day Centre prior to 8tlending Board meetings as an observer. If the Truste88 and the applicant mutually agree, the applicant is tsl¥¢l¢d al a subsequenl meeting ol the Truslees. None of the trustees has any beneficial interest in the company. All of the trustees are members ol the company and guarantee lo contribute £1 in the event of a winding LJP. Plans for future Plans for future The Trustees continue lo work lo ensure the Day Centre is a valued community asset within the financial constraints under which they operate. This will of necessity involve a continuing review ol the services that are offered and the charges that are made. logolher with continuing efforts lo expand the number of users of the Centre. In addition, the Trustees will continue to 88ek lo diversify the Charity's funding sources. The ustees. report was approved by the Board of Trustees. DrEW Tiustee Dated.. islop Ichairmanl ## **FARNCOMBE DAY CENTRE LIMITED** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNCOMBE DAY CENTRE LIMITED** I report to the trustees on my examination of the financial statements of Farncombe Day Centre Limited (the charity) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or - 4 the financial statements 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## **Linda Dunford FCCA CTA** Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF Date: ............................22/12/25 - 4 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Current financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
69,362
11,233
Charitable activities
**4**
134,342
-
Investments
**5**
1,121
-
**Total income**
204,825
11,233
**Expenditure on:**
Raising funds
**6**
120
-
Charitable activities
**7**
206,542
15,626
**Total expenditure**
206,662
15,626
**Net expenditure and movement in funds**
(1,837)
(4,393)
**Reconciliation of funds:**
Fund balances at 1 April 2024
165,514
12,538
**Fund balances at 31 March 2025**
163,677
8,145|**Total**
**2025**
**£**
80,595
134,342
1,121
216,058
120
222,168
222,288
(6,230)
178,052
171,822|**Total**
**2024**
**£**
88,211
121,126
983
210,320
220
217,537
217,757
(7,437)
185,489
178,052| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Prior financial year**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
67,378
20,833
Charitable activities
**4**
121,126
-
Investments
**5**
983
-
**Total income**
189,487
20,833
**Expenditure on:**
Raising funds
**6**
220
-
Charitable activities
**7**
194,324
23,213
**Total expenditure**
194,544
23,213
**Net income and movement in funds**
(5,057)
(2,380)
**Reconciliation of funds:**
Fund balances at 1 April 2023
170,571
14,918
**Fund balances at 31 March 2024**
165,514
12,538|**Total**
**2024**
**£**
88,211
121,126
983
210,320
220
217,537
217,757
(7,437)
185,489
178,052| |---|---| - 6 - FARNCOMBE DAY CENTRE LIMITED BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 18,105 25,806 Current assets Debtors Cash al bank and in hand 14 6,980 159.966 8,078 155,320 166,946 163,388 Credstors.. amounts falling due withln one year {13,2291 111,1521 Net current assets 153.717 152,248 Total as$Èts less current Ilabilities 171,822 178,052 The funds of the charlty Restricted income funds Unrestricled funds 18 19 8.145 163.677 12,538 165,514 171,822 178,052 The company is entitled to the exemption from the audit requirernent coniained in section 477 01 the Companies Act 2006, for the year ended 31 March 2025. The director acknowledges her responslbilities for eomplying with the requirements of the Companles A¢1 2006 wilh respect lo aGcounling records and the préparation ol financial slalemenls, The members have not required the company lo obtain an audit of ils financial slalements for the year in question Sn accordance with section 476 of the Gompanitss A¢1 2006. These finanaal slatements have been prepared in accordance with Ihe provisSons applicable lo companies subjecl to the small companies regime. The fi an¢lal stalernsnts were approved by the trustees on ifl Dr Trustee Company registration number 10847748 IEngland and Wales) ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **Charity information** Farncombe Day Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Farncombe Day Centre, St John's Street, Farncombe, Godalming, Surrey, GU7 3EJ. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 8 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings and equipment 20% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 9 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **1 Accounting policies** **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Income from donations and legacies** |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
9,362
-
Grants
60,000
11,233
69,362
11,233|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
9,362
7,378
-
71,233
60,000
20,833
80,595
67,378
20,833|**Total**
**2024**
**£**
7,378
80,833| |---|---|---| |||88,211| - 10 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**3**
**Income from donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Grants**
Waverley Borough
Council
60,000
400
Godalming Town Council
-
7,500
Henry Smith Foundation
-
-
CFS - Cyrus Fund
-
-
Surrey County Council
-
-
National Lottery
Community Fund
-
3,333
Other
-
-
60,000
11,233
CFS - Community Foundation Surrey
**4**
**Income from charitable activities**
**Day Centre General**
Sale of goods
Ancillary trading income
Charitable rental income
**Day Centre Catering**
Sale of goods
**Community Meals Service**
Sale of goods|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**(Continued)**
60,400
60,000
-
60,000
7,500
-
5,000
5,000
-
-
2,500
2,500
-
-
8,333
8,333
-
-
4,500
4,500
3,333
-
-
-
-
-
500
500
71,233
60,000
20,833
80,833
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
20,977
17,359
31,483
26,056
623
1,612
46,181
38,819
35,078
37,280
134,342
121,126|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**(Continued)**
60,400
60,000
-
60,000
7,500
-
5,000
5,000
-
-
2,500
2,500
-
-
8,333
8,333
-
-
4,500
4,500
3,333
-
-
-
-
-
500
500
71,233
60,000
20,833
80,833
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
20,977
17,359
31,483
26,056
623
1,612
46,181
38,819
35,078
37,280
134,342
121,126| |---|---|---| |||121,126| - 11 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **5 Income from investments** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Interest receivable|1,121|983| - **6 Expenditure on raising funds** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |**Fundraising and publicity**||| |Advertising|120|220| - 12 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Expenditure on charitable activities** |**Day Centre**
**General**
**Day Centre**
**Catering**
**Minibus**
**Transport**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**Direct costs**
Staff costs
84,132
25,750
18,505
Depreciation and impairment
8,940
-
-
Catering purchases
-
36,602
-
Hairdressing and baths
267
-
-
Printing, stationery and telephone
4,230
-
-
Cleaning materials
4,121
-
-
Social activities
3,890
-
-
Repairs and renewals
5,186
-
-
Minibus lease
-
-
14,962
Minibus costs - other
-
-
3,660
CMS meal trays
-
2,012
-
CMS volunteer petrol
-
1,124
-
Miscellaneous expenses
875
-
-
111,641
65,488
37,127
**Share of support and governance costs (see note 8)**
Support
4,456
-
-
Governance
3,456
-
-
119,553
65,488
37,127|**Total**
**Day Centre**
**General**
**Day Centre**
**Catering**
**Minibus**
**Transport**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
128,387
76,623
32,579
16,822
8,940
9,052
-
-
36,602
-
37,000
-
267
118
-
-
4,230
3,189
-
-
4,121
3,626
-
-
3,890
3,142
-
-
5,186
4,896
-
-
14,962
-
-
12,591
3,660
-
-
3,856
2,012
-
2,724
-
1,124
-
2,061
-
875
980
-
-
214,256
101,626
74,364
33,269
4,456
5,412
-
-
3,456
2,866
-
-
222,168
109,904
74,364
33,269|**Total**
**2024**
**£**
126,024
9,052
37,000
118
3,189
3,626
3,142
4,896
12,591
3,856
2,724
2,061
980| |---|---|---| |||209,259
5,412
2,866| |||217,537| - 13 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Expenditure on charitable activities**
**Analysis by fund**
Unrestricted funds
Restricted funds|111,427
8,126
119,553|65,488
-
65,488|29,627
7,500
37,127|206,542
15,626
222,168|105,031
4,873
109,904|71,857
2,507
74,364|**(Continued)**
17,436
194,324
15,833
23,213
33,269
217,537|**(Continued)**
17,436
194,324
15,833
23,213
33,269
217,537| |---|---|---|---|---|---|---|---|---| |||||||||217,537| - **7 Expenditure on charitable activities** - 14 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Expenditure on charitable activities** ## **(Continued)** The Community Meals and Day Centre use the same premises and staff to prepare all meals. Community Meals are delivered hot on sealed trays in insulated bags by Volunteers who are reimbursed for mileage driven. Although not shown separately in the accounts, an allocation of 46% of charitable activity expenditure to the Community Meal Service is considered reasonable. This is calculated based on the percentage split of charitable activity income generated by the Community Meal Service. ## **8 Support costs allocated to activities** |**8**
**Support costs allocated to activities**||| |---|---|---| |Insurance
Licences and permits
IT costs
Training
Governance costs
**Analysed between:**
Day Centre General
**Governance costs comprise:**
IE fee
Bank charges
Payroll costs
Other governance costs
**9**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets|**2025**
**£**
1,906
1,189
754
607
3,456
7,912
7,912
**2025**
**£**
1,416
1,037
733
270
3,456
**2025**
**£**
1,416
8,941|**2024**
**£**
1,779
1,453
1,021
1,159
2,866| |||8,278| |||8,278| |||**2024**
**£**
1,374
882
610
-| |||2,866| |||**2024**
**£**
1,374
9,052| ## **10 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. - 15 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **11 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
11
**2025**
**£**
124,747
2,013
1,627
128,387|**2024**
**Number**
11| |---|---|---| |||**2024**
**£**
124,090
442
1,492| |||126,024| There were no employees whose annual remuneration was more than £60,000. ## **Remuneration of key management personnel** Key management personnel is defined as the Manager and Assistant Manager roles. The remuneration of key management personnel in the year was as follows: |follows:||| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Aggregate compensation|62,324|54,326| ## **12 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 16 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **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 and impairment**
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
**Carrying amount**
At 31 March 2025
At 31 March 2024
**14**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
**Notes**
Other taxation and social security
Deferred income
**16**
Accruals
**16**
**Deferred income**
Other deferred income|**Fixtures,**
**fittings and**
**equipment**
**£**
91,697
1,239
92,936
65,890
8,941
74,831
18,105
25,806
**2025**
**2024**
**£**
**£**
2,490
3,351
4,490
4,727
6,980
8,078
**2025**
**2024**
**£**
**£**
4,284
1,386
6,667
-
2,278
9,766
13,229
11,152
**2025**
**2024**
**£**
**£**
6,667
-|**Fixtures,**
**fittings and**
**equipment**
**£**
91,697
1,239
92,936
65,890
8,941
74,831
18,105
25,806
**2025**
**2024**
**£**
**£**
2,490
3,351
4,490
4,727
6,980
8,078
**2025**
**2024**
**£**
**£**
4,284
1,386
6,667
-
2,278
9,766
13,229
11,152
**2025**
**2024**
**£**
**£**
6,667
-| |---|---|---| |||92,936| |||65,890
8,941| |||74,831| |||18,105| |||25,806| |||**2024**
**£**
3,351
4,727| |||8,078| |||**2024**
**£**
1,386
-
9,766| |||11,152| |||**2024**
**£**
-| Deferred income is included in the financial statements as follows: - 17 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **16 Deferred income** |**Deferred income**
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025|**(Continued)**
**2025**
**2024**
**£**
**£**
6,667
-
-
10,833
-
(10,833)
6,667
-
6,667
-|**(Continued)**
**2025**
**2024**
**£**
**£**
6,667
-
-
10,833
-
(10,833)
6,667
-
6,667
-| |---|---|---| |||-| The minibus grant is deferred to the extent that it contributes to funding costs incurred in a future period. |**17**|**Retirement benefit schemes**||| |---|---|---|---| |||**2025**|**2024**| ||**Defined contribution schemes**|**£**|**£**| ||Charge to profit or loss in respect of defined contribution schemes|1,627|1,492| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. ## **18 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. |**At**
Minibus
Dining chairs
Washer & tumble dryer
Corridor Blinds (Surrey CC)
Giant Games (CFS)
Warm Hub
Increased overheads (National Lottery)
Sealing Machine (Godalming Council)
Sealing Machine (CFS)|**1 April**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
-
7,500
(7,500)
-
995
-
(995)
-
4,180
-
(1,115)
3,065
4,296
-
(879)
3,417
500
-
(350)
150
-
400
(400)
-
-
3,333
(3,333)
-
427
-
(427)
-
2,140
-
(627)
1,513
12,538
11,233
(15,626)
8,145|**1 April**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
-
7,500
(7,500)
-
995
-
(995)
-
4,180
-
(1,115)
3,065
4,296
-
(879)
3,417
500
-
(350)
150
-
400
(400)
-
-
3,333
(3,333)
-
427
-
(427)
-
2,140
-
(627)
1,513
12,538
11,233
(15,626)
8,145| |---|---|---| |||8,145| - 18 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**18**|**Restricted funds**||||**(Continued)**| |---|---|---|---|---|---| ||**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**At 31 March**| |||**2023**|**resources**|**expended**|**2024**| |||**£**|**£**|**£**|**£**| ||Elsley Trust|2,507|-|(2,507)|-| ||Minibus|-|15,833|(15,833)|-| ||Dining chairs|2,751|-|(1,757)|994| ||Washer & tumble dryer|5,295|-|(1,114)|4,181| ||Corridor Blinds (Surrey CC)|-|4,500|(204)|4,296| ||Giant Games (CFS)|-|500|-|500| ||Ipads and fridge (CFS)|652|-|(652)|-| ||Sealing Machine (Godalming Council)|946|-|(518)|428| ||Sealing Machine (CFS)|2,767|-|(628)|2,139| |||14,918|20,833|(23,213)|12,538| ## **19 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 April**|**Incoming**|**Resources**|**At 31 March**| |---|---|---|---|---| ||**2024**|**resources**|**expended**|**2025**| ||**£**|**£**|**£**|**£**| |General funds|165,514|204,825|(206,662)|163,677| |**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**At 31 March**| ||**2023**|**resources**|**expended**|**2024**| ||**£**|**£**|**£**|**£**| |General funds|170,571|189,487|(194,544)|165,514| |**Analysis of net assets between funds**||||| |||**Unrestricted**|**Restricted**|**Total**| |||**funds**|**funds**|| |||**2025**|**2025**|**2025**| |||**£**|**£**|**£**| |**At 31 March 2025:**||||| |Tangible assets||10,110|7,995|18,105| |Current assets/(liabilities)||153,567|150|153,717| |||163,677|8,145|171,822| ## **20 Analysis of net assets between funds** - 19 - ## **FARNCOMBE DAY CENTRE LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**20**|**Analysis of net assets between funds**|||**(Continued)**| |---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Total**| |||**funds**|**funds**|| |||**2024**|**2024**|**2024**| |||**£**|**£**|**£**| ||**At 31 March 2024:**|||| ||Tangible assets|13,768|12,038|25,806| ||Current assets/(liabilities)|151,746|500|152,246| |||165,514|12,538|178,052| ## **21 Operating lease commitments** ## **Lessee** The minibus lease is negotiated over terms of 5 years from September 2023. At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: |Within one year
Between two and five years|**2025**
**£**
13,639
32,960
46,599|**2024**
**£**
12,957
38,444| |---|---|---| |||51,401| ## **22 Related party transactions** There were no disclosable related party transactions during the year (2024 - none). - 20 -