GRIMESTHORPE FAMILY CENTRE CHARITY NO. 1184732 TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 GRIMESTHORPE FAMILY CENTRE CONTENTS Page Legal and administrative infomiation Twstees, Report 44 Independent Examiners, Report Statement of financial activities 10 Balan￿ Sheet Notes to the Accounts 12-17 GRIMESTHORPE FAMILY CENTRE LEGAL AND ADMINISTRATIVE INFORMATION TRUSTEES: P.Pri S.Richards J.Luxon P.Norsworthy CHAIRTY NUMBER: 1184732 REGISTERED OFFICE: Grimesthorpe Family Centre Holywell Road SHEFFIELD S4 8AR INDEPENDENT EXAMINER: Samantha Nicholson BA (Hons) {Open) FMAAT Oakleigh Accounting Knowle House 4 Norfolk Park Road SHEFFIELD S2 3QE BANKERS: Virgin Money 157 Bradfield Road SHEFFIELD S6 2LY GRIMESTHORPE FAMILY CENTRE TRUSTEES. REPORT FOR THEYEAR ENDED 31 MARCH 2025 The trustees of the charity submit their annual report and the financial ststements for the year to 31 March 2025. Stru¢ture, governance, and management Grimesthorpe Family Centre is a Charitable incory)orated Organisation regISte￿d in England and Wales and is governed by its Constitution which was adopted on 2 August 2019. Serving trustees in the reporting period were.. P.Price S.Rityhards J.Luxon P.Norsworthy New trustees are appointed though a selection by a collective of the current trustees. Objects Our objective is to benefit the residents of Grimethorpe, Brightside and the neighbourhood to advance education and to provide facilities I the interest of social vRlfare for recreation and leisure. Achievoments and Perforniance We continue to be used by a variety of local organisations and individuals. We are pleased that our diverse c. The trustee considers that an audit is not required for this year under the Charities Act 2011, s.144{2) (the 2011 Act) and that an independent examination is needed. I report in r8spect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions gsven by the Charity Commission under section 145{5)(b) of the Act. Ba818 of independent examinef$ report I have completed my examination. I can confirm that no material matte¥5 have come to my attention in connection with the examination giving me cause to believe that in, any material respect: the accounting records were not kept in respeGt of the charity as required by section 130 of the Act; or the financial statements do not accord with those records," or the financial statements do not comply with the applicable requirements concemirKJ the fom and content of the financial statements set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the financial slatements give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no concems 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. S Nicholson BA (Open) (Hons) FMAAT Oakleigh Accounting Knowle House 4 Norfolk Park Road SHEFFIELD S2 3QE GRIMESTHORPE FAMILY CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Nots8 Unre8tricted Restrictod funds funds Total 2025 Total 2024 Incomln funds Gran:s and donations Investment income Incoming resource from charitable activities Miscellaneous Income Total incoming resources from enerated 4,350 42,685 47,035 15,412 14 8,597 891 12,837 12,837 Resourees ex Raisi ig funds Charitsble activities Depreciation Other Total resources expended nded 7,359 1,200 500 7,420 1,200 14,T19 2,400 50 10,845 Net incomellexponditure) for the year Net Inovement in Funds Fund balances at brought fotward Fund balances to carried forward 8,133 34,025 42,198 14,069 GRIMESTHORPE FAMILY CENTRE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes FIXED ASSETS Tangible assets 21,600 CURRENT ASSETS Debtors Cash at bank and in hand 10 46.365 LIABILITIES Creditors.. Amounts falling due within one year 25,267 500 Amounts falling due over one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 67,465 25,267 INCOME FUNDS Restricted fvnds Unrestricted funds 13 34,025 SHAREHOLDERS, FUNDS 26 The accounts were approved by the Board on 26 Peter Price Chair GRIMESTHORPE FAMILY CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES 1.1 Charity Inforniation Grimesthorpe Family Centre is a Charity registered in England and Wales. It has a registered charity number 1184732. Charty administration details can be found on the reference page of these financial stateiments. The charity's aims and activities are explained in the trustees, report. Its principal office is Grimesthorpe Family Centre, Holywell Road, Sheffield. S4 8AR. 1.2 Basis of preparatlon The inancial statements have been prepared in accordan￿ with Statement of Recommended Practi￿.. Accounting and Reporting by Charities preparing their accounts in accordan￿ wrth the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011. The financial statements are presented in Sterfing (£) 1.3 Going Concern Aftei reviewing the charity's budgets, forecasts and cash flow projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for tie foreseeable future. Accordingly, the financial statements have been prepared on a going con￿rn basis. 1.4 Incoming resources Donations and grants receNed are allocated between restricted and unrestricted funds and between the differen￿ types of incoming resources according to their nature. Grants for revenue expenditu and capital expenditure are recognised in the statement of financial activities on a receivable basis. other incoming reSoUr￿s, including investment income, are recognised in the statement of financial activities on a receivable basis. 1.5 Resou￿03 expended Resources expended are recognised in the period in which they are incurred. Expenditure is alloated to the appropriate headings in the Statement of Financial Activities according to the purpose for which the costs are incurred. Charitable activities include costs incurred directly in the delivery of the charity's objectives and services, together with an appropriate allocation of support costs. Govemance costs comprise those Costs incurred in the governan￿ of the Gharity and its assets, including compliance with constitutional and statutory requirements and the oversight of the charty by the trustees. 1.6 Interest Recelvable 1nte.rest on funds held on deposit is included when receivable and th8 amount can be measured reli FOR THE YEAR ENDED 31 MARCH 2025 ACTIVITES UNDERTAKEN DIRECTLY 2025 2024 Other costs relating to community activities comprise: Charitable activty costs Bond refunds TelephonelBroadband Repairs & Maintenance Utilities Professional fees Insurance Website expenses Small Equipment Stationery Sundry 1,602 1.305 226 4,545 2,946 540 2,557 120 459 190 259 463 3,443 2576 2366 TRUSTEES During the year the charities trustees nor any pen8ons connected with them re￿iVed any remuneration or benefits from the charity. EMPLOYEES 2025 2024 Number of employees The average monthly number of employees during the year was.. Charity employees Volunteers Trustees Employment costs Wages and salaries Social security costs Other pension costs Other Staffing costs There were no employees whose annual remuneration was £60,000 or more. The charity is volunteer lead and had no paid staff during the year. GRIMESTHORPE FAMILY CENTRE NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Fixtures. fittings & equipment Cost At beginning of year Additions At End of year Depreciation At beginning of year Charge for the year At End of year Net book value At End of year At beginning of year 10. DEBTORS 2025 2024 Trade debtors Amounts owed by group undertakings CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Creditors Loans Taxes and social sewrity costs Other creditors Accruals 500 50 12 GRIMESTHORPE FAMILY CENTRE NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12. PENSION AND OTHER POST-RETIREMENT BENEFITS COMMITMENTS DEFINED CONTRIBUTION The charty does not operate a defined contribution pension scheme, because during the year rt has no paid members of staff. 13. RESTRICTED FUNDS The income funds of charity include restricted funds Comprising the following unexpended balances of donations and gfants held on trust for specific purpose: Balance at start of year Incoming Resources Balan￿S resources expended at year end Sheffield City Council SOAR Asda Foundation NHS 14.300 5.885 22,000 500 685 3,200 3,880 1,080 500 62 11,100 2,005 20,920 025 All restricted funds have sufficient resources that they may be applied in accordan￿ with the restrictions. 14. SUMMARY OF FUND MOVEMENT Balance brought ft)￿ard Income Expenditure Balan carrted foThvard Unrestricted funds Restricted: Sheffield City Council SOAR Asda Foundation NHS 25,267 17.192 9.059 33.440 14,300 5,885 22,000 500 14,300 5,885 1,080 500 3,200 3.880 20,920 13