Charity reglstratlon numlxr 1187451
THE SYLVIA BEAUFOY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE SYLVIA BEAUFOY CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Tnistees
MrNJBathe
Mrj S Lewis OL fCIS
Mr A R W Carrington
Mr T H Compton Bsc MICFor
Ms E A Sneller Msc
Ms E P Lintill
(Appointed 9 November 2023)
(Appolnted 9 November 20231
Charfty number
11874SI
Independent oxamlner
Oliver Read FCCA ACA
James Todd & Co Limited
Drayton House
Drayron Lane
Chichester
West Sussex
England
P020 2EW

THE SYLVIA BEAUFOY CENTRE
CONTENTS
Page
Trustees, report
Independent examlnerfs report
Statement of flnancial activitles
Balance sheet
Notes to the financial statements
9-20

THE SYLVIA BEAUFOY CENTRE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present thelr annual report and financial ststements for the year ended 31 March 2024.
The financlal stalements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governing document. the Charities Acr 2011 and "Accounting and Reporting by
Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the
Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective l January 20191.
Objettlves and •rtlvltles
To help children and young people. up to the age of 18 livSng In Petworth and surrounding parishes. especlally but not
exclusively throu8h lelsure time activities. so as to develop thelf capabllltles that they may grow to full maturlty as
Indlvlduals and Membe￿ of 5(Kiety.
To att a5 a resource for youn8 people by proMdln8 advice and assistance and organisin8 pro8rammes of physical,
educattonal and Oiher activities 35 a mean5 Of:
Advancin8 in lrfe and helpift8 young people by developlng their skills, capacities and capabSlltSes to enable them to
participate In society as independent. mature and responsible Individuals
Advanclng education
b. Relievini unemployment
Providing recreational and leisure time actlvlty in the inlerests of Social welfare for people Ilvln8 In the area of
beneflt who have need by reason of their youth. age. infirmity or dlsabilbty. poverty or social and economic
circumstances with a view to improving the conditions of life of such person5.
Public benefit
The trustees have pald due regard to 8uidance issued by the CharFty Comrnission in decidln8 what actlvities the charity should
undertake.
Artlvltles
The Centre aims to be a welcoming and vibrant meeting place for youn8 people a8ed 9 to 18 from Petworth and the
surroundin8 ￿lIages. The cent￿ has provided the following aaivilies throughout the year:
Greenpower Projert
Duke of Edlnbur8h Award Pro8fdmme
Social Session (secondary school age)
Youth Café
Mountain 8ikn.ng
Evolve (club for those in school Yea￿ S and 6)
X-Hale Irelaxation and wellbeing)
Gobllns (Greenpower for Primary School}
Four-day Residential to the Brecon Beacons
Week-lon8 Klds Club In partnership with PACT (Petworth Area Churches TO8￿her)
Music Sesslcns- SBC Band (The Lesser Known)

THE SYLVIA BEAUFOY CENTRE
TRUSTEES, REPORT (coMfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Annual Awards Ceremony
Toddler Time Sessions
Day trips - indudin8 Go-kartin& Ninja Warriors (obstacle park), Beaulieu Museum, Clnema Trlp and Outdoor
Q'nema, Petworth 8uslness Association Employment evening, HWM Aston Martin Trip.
Partlcipation In community events- Goodwood Charity Day, Petworth Fete in The Parl Hampers Green Bonfire
Night, Petworth Christmas Cracker event, Petworth Choru5 Carol Concert.
Numbers have remained constant throughout the year. but higher than last year. The Summer Termlsummer Progrdrnme
(2023) attendance {footfall) was 2.056. Autumn Term12023) it vrd5 1,607, and Sprin8 Term (2024) it was 1.557. This gave
totsl foorfall of 5,220 for the 2023-24 financial year.
Youth Workers at the Centre Incorpordte a mix of informal educatlon and fecreation through open drop-Sn sesslons and
structured. positive activities, all aimed at improving the lives of the young people of Petworth and the wider rural area.
We work with and alongside other local agencies and organlsatlons to ensure the best possible OLrtcornes for youn8
people through our planned and structured prosrdmme. Staff continue to work one to one wlth youn8 people who need
extra help. providin8 mentorin8. Signposting and referrals lor specialist help.
Free entry 15 offered to the malorlty of sessions run throughout the year. with activities available to anyone regardless of
back8round Of Income. There have been some small contributory charges to additionally planned activities, but we always
highli8ht that affordability is not a barrier to inclusion.
¢)ver the course of the year. young people 3ttendln8 the Centre have participated in attivities and workshops which have
promoted healthy eatin& life skills. team-worklng and encouTr8in8 well-bein8 throu8h reducin8 anxiety and improving
mental health. Youn8 people are encouraged and supported to make positive contributlons to the youth club and to the
local communty through organising club events, fundraisin8 and volunteering. We have had a number of our Duke of
Edinbur8h Award participants volunteerin8 in the local community.
Following the successful launch as a Duke of Edinbur8h Award pro8ramme provider in January 2021, the fourth cohort ol
DofE participants have successfully flnlshed Bronze and Silver level awards with 33 young people partlclpatin8 in the
programme this year. We also began the trnining for the Gold level Award with an additlonal 13 young people
commenclng this lon8er p3thway. The progrnmme is continuln8 Wlth a new cOl￿rt in September 2024 across all three
levels.
Our Members have also been Involved with The Greenpower Elettric Car Project funded by a number of sponsors
includin8 HWM Aston Martin, Classics on Track ft)r Children. and Fiskens Historlc Automoblles. The project involves young
people buildin8 and developln8 elertrlc cars and taking part in team activities. as well as enterlng a number of races
organlsed by the Greenpower Education Trust. At the end of the 2023 season. we had three cars. Our team took part In
the International Greenpower final at Goodwood in October 2023, competing wilh other teams from around the world.
Our cars finished in 18th, 50th and 51" positlon out of a field of c.80 cars. c￿er the course of the winter two new cars we
built wlth one of the older cars being retired. We are currently the onty youth club-based team consistently represented
in the Greenpower races.
In addition to our core sessions we received fundin8 from the Hyde 8roup to provide support to youn8er children. We
have used this funding to take over the runnlng of the Toddler fime group (previousty operated by the Petworth
Community Churchl. We have appointed a part-time Toddler fime Lead who manages the weekly Tuesday fflomin8
session5 durin8 the term-time.
Our organisation ha5 safeguarding pollcles and procedures in place to ensure that ebtry chlld. re8afdless of their age,
gender, religion or ethnicity, is proterted from hami. Safe8uardln8 Trninin8 for Staff, Volunteers and Trustees is updated
regularly and D85 checks completed every 3 years.

THE SYLVIA BEAUFOY CENTRE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnancial review
ReseThes pollcy
The policy of the Charlty Is to plan never to be in debt and to have sufficient funds in advance to cover all known
contingencies. We are now In a stable period post-covid, therefore the minimum level of reserves has been set by the
Trustees at 6 months committed operational expenditure.
Prfnclpal fundlng sources
There is no longer any statutory funding for youth club attivities. Instead. we rely entirely upon voluntary contributions,
grant applications and our own fundraising. Our current artivities have been supported financially by individual glfts and
donations, 8rants from other local trusts and organlsatlons. and grant funding for 5pecrfic projects and activities. We
receive regular monthly donatlons from the LocalGivin8 Scheme. We are registered for Glft with HMRC.
During 2023n024 we received specrfic grantslfunding from The National Lonery, The Hyde Foundation, Sussex Community
Foundation, HWM Aston Manin. Fiskens Historlc Automobiles, Classics on Track for Children. South Downs Natlonal Park,
Petworth Town Council, Engllsh Woodlands Timber, Petworth Community Church Legacy Fund, Petworth Choru5, Lurga5hall
ParSsh Council, fillington Parish Counol, and the Leconfield Sin8ers. We also benefrtted from donations from Iclcal families
and Trusts.
Investment policy
The Constitution authori5es theTrustees to make and hold Investments using the general funds of the Charity. The Trustees
are satisfied with the performance of the Investment Fund over the year but are mindful of the need for careful monitoring
and review.
MaJor rlsks
The Trustees are mindful of their responsibilities In rlsk management and regularly review the major risks and ensure
appropriate policies are In plate tD miti8ate those risks. Appropriate insurance has been secured to cover risks which it is
envisaged could occur in the course of running the activities. Insurance Is provided by Ansvar and includes an appropriate
level of employer's and publlc liability insurance.
Plans for tuture perlods
The Charity is always seeking to improve the servlce offering to young people and the community. As well as developin£
activities and new opportunities, improvements to the facilities are essential to maintain and fully utillse the space within the
Centre. The following are projects that the Charity have planne(I:
Buildlns extension The Charity has been 8ranted planning pemilsslon to extend the bulldln8. This extension will
provlde a workshop for two of the major projects - Greenpower and Mountain 8iking. 80th of these prolects
promote Sclence. Technology, En£ineerin8 and Mathematics. as well as physlcal and Mental frtness.
Redevelopment of internal space - By rnoving Greenpower and Mountain eiklng into another area, a large space
within the main Centre will be created. This space can be developed to better svit the needs of our Centre users. Thls
area may include smaller wellbeing rooms, a sound studio, and a meetiftg space. All of these new Spaces would be
available to ouryoung people and also to the broader community.
Ac¢esslblllty- The Centre has disabled access to the side of the buildin8 but onty to the ground floor. The only access
to the first floor is via siairs. A review of lirsi floor accessibility is planned to enable all potential Centre users to have
lull access to both floors,
Toilet Facllitles- There Is currently only one cubicle within the male and female facilities. There Is scope to Increase
thls to two cubicles for each and to update the fracllltles.

THE SYLVIA BEAUFOY CENTRE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structure• 8oyernance and mana8ement
On 20 January 2020, the Trustees registered a new Charitable Incorporated Organisation Yhe Sylvia Beaufoy Centre" (Charity
no: 1187451). wilh the Charltles Commission for England and Wales. The sylvia Beaufoy Centre took over all of the actlvltles
and assets of the Petworth Youth Association (Charity no: 305403), in Ilne with the objects and 5tipulation5 of the existing
Trusi Deed dated 7 May 1962. The legal requirements of this tfansfer were completed on 20 July 2022.
At the close of the financial year there were six Trustees actlng on the Charity's behalf:
Eileen Lintill lappolnted Chair, November 2023. original Trustee appointment January 2015, renewed January 2024)
Tom Cornpton lapFJointed Wice-chair. November 2023. original Trustee appointment August 2020. renewed effective
August 2023)
Annie Sneller {original Trustee appolntment January 2013, renewed January 2024)
Andrew CarrIn￿On {ori8inal Trustee appointment October 2020, renewed October 2023)
Nigel Bathe (appointed November 20231
Stuart Lewis (appointed November 2023)
Lord E8remont is patron of the Charity.
The re8lstered office of the Charity is: The Sylvia Beaufoy Centre, Midhurst Road. Petworth. West Sussex GU28 OET.
Remiltment and appolntment of trustees
None of the trustees has any beneficial interest in the compary. All of the tn￿tee5 are members of the company and
guarantee to contribute £1 in the event of a wSndin6 up.
Organlsational structure
At the end of the financlal year, we had 3 full time and 6 part-time paid worker5 (equivalent to 3.56 FTE employees).
The three full time roles are:
Charity Manager- management and operation of the Charity.
Senior Youth & Community Mana8er- ovefSl8ht/mana8ement of youth activities.
Youth Coordinator- provision of support to the youth activities.
In additlon, there are four part.time sessional youth workers. a part-tlme lead for the Toddler 8roup, and a part-time
cleaner.
The Trustees meet Jt bi-monthly intervals to dlscuss the current position of the charity and action on strategic and legal
matters. governance and finance. Decisions, including the appointment of Trusiees. are taken by consensus and, as
necessary. by formal majorlty vote. Trustees will rneet informally with anyone becoming a Trustee and relevant policies are
provided.
The trustees, report was approved by the Board of Trustees.
Ms E P Lintlll
Trustee

THE SYLVIA BEAUFOY CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE SYLVIA BEAUFOY CEKfRE
I report to the tnjstees on my examination of the financial ststements of The Sylvia Beaufoy Centre (the charity) for the year
ended 31 March 2024.
ReSPon￿bIlItIeS and ba￿5 of report
As the trustees of the charity you are responslble for the preparation of the financlal statements In accordance with the
requirements of the Charities Act 2011 (the 2011 Aci).
I report in respect of my examination of the charitvs financial statements carried out under section 145 of the 2011 Art. In
carrylng out rny exarnination I have followed all the appllcable Directions given by the Charity Commlsslon under section
145{5)(bl of the 2011 Acr.
Independent examlner's statement
Since the charity's 8ross Income exceeded £250,CM)O your examiner must be a member of a bo(ty listed in settlon 145 of the
2011 Act. I confirm that l am qualified to undenake the examination because l am a member of FCCA ACA, which is one of the
listed bodies.
Your attention is drawn to the fart that the charity has p￿pared finandal statements In accordance with Accounting and
Reportln8 by Charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) In preference to the Accounting and Reportin8 by Charities: Statement of Recommended Practice
issued on l April 2005 which Is referred to in the extant re8ulations but has now been withdrawn.
l understand that this has been dorte in order for financial statements to provide a true and fair view in accordance with
Generally Accepted Accounting Pfactice effective for reportln8 pefiods beginnln8 on or after l January 2015.
I h8ve completed my examination. I confim that no matter5 have come to my attention in connettion *￿th the examinatlon
81vln8 me cause to believe that in any malerial respect:
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act: or
the financial ststements do not accord wilh those records; or
the flnanclal statements do not cornply with the applicable requirements concernin8 the form and content of accounts
set out in the Charities (Accounts and Reports) Re8ulation$ 2(K)8 other than any requirement that the accounts 8ive a
true and falrview whSch Is not a matter considered as part of an independent examinatlon.
I have no concems and have come across no other matiers in connectlon with the examination to which attention should be
drawn In this report In Order to enable a proper understsnding of the financial statements to be reached.
Ollver Read FCCA ACA
James Todd & Co Limited
Drayton House
Drayton Lane
Chichester
West Sussex
P020 2EW
England

THE SYLVIA BEAUFOY CENTRE
STATEMENT OF FINANCIAL ACTMTIES
INCWDING INCOME AND EXPENDrruRE ACCOU14T
FOR THE YEAR ENDED 31 MARCH 2024
kna
2013
102J
50.138
244264
73.362
2.107
ILOIS
i￿,05)
5.J95
2.107
ILOIS
2Jl3
9.6
244J64 30U53
112.033
191.9>1
Ch*ntsY•
Ji
247.94•
i>PS30
219.792
5L431
189511
247949
10.262
219.792
12.107
12.lQ?
16.3281
{6.3211
17.765
54.746
72511
127A971
127.IA91
Tr•thrs bttween
$6WiI
353.
L742
14.6351
4.635
2$3,ll9
57h88
14J17)
112.1621
117.1191

THE SYLVIA BEAUFOY CENTrE
STATÉMENT OF FINANaAL AcnvmE5 (CONTINUED)
INCWDING114COME AND EXPENDITURE ACCOUNT
FOR ThIE YEAR EAID£0 31 PAAACh12024
f¥nds
f¥•
2024
2023
Msx
Fu*d b•l•neei•i i A￿l202j
177.774
27ml J04,X4
2SLIOI
49*96
131.997
Fwld b•l•*¢tt li Ji 2024
253.719
377J19
277.774
27.OJ4

THE SYLVIA BEAUFOY CENTRE
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Flxed assets
Tangible assets
Investments
14
Is
108.789
130.441
8S.346
118.334
239.230
203,680
Current assets
Debtors
Cash at bank and in hand
16
3,794
139,280
783
103.670
143.074
{4,985)
104.453
(3,325)
Credltors: amounts fallln8 due wlthln one year
17
Net Current asMts
138,089
101,128
Total assets leu current Ilabllltles
377.319
304,808
Net a￿et5 ex¢ludln8 pen￿On Ilablllty
377,319
304,808
The funds of the charity
Restrfcted income funds
Unrestricled funds- general
Unrestricted funds- designated
18
84.522
39.008
253,789
27.034
277,774
19
377,319
304.808
Ms E P Lintill
Trustee

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
Charlty Informatlon
The Sylvia Beaufoy Centre is a charity registered with the Charity Commission of England and Wales. number 1187451.
The Charity is governed by a Trust Deed dated 20 January 2020 as detailed In the Trustees, Report.
1.1 Accountlng ¢onventlon
The financial statements have been prepared In accordance wSth the charity's governin8 document, the Charities Act
2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republlc of Ireland" {"FRS 102") and the
Charities SORP "Accountln8 and Reporting by Charitie5: Statement of Recommended Pfactice appllcable to charltles
preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of
Ireland IFRS 102)" leffertive l January 20191. The charity is a Public Benefft Entity as defined by FRS 102.
The charity has taken advanta8e of the provisions in the SORP ft)r charities not to prepare a Statement of Cash Flows.
The flnancial statements have departed from the Charities (Accounts and Reports) Regulations 21x18 only to the exlent
required to provide a true and fair view. Thls departure has involved followin8 the Statement of Recommended Practice
for charitles applying FRS 102 rather than the version of the Statement of Recommended Practlce whlch Is referred to In
the Regulations but which has s5nce been wlthdrawn.
The financial statements are prepared in sterlin& which is the funrtional currency of the charSty. Monetary amounts In
these financial statements are rounded to the nearest £.
The financial statements have been prepa￿d under the hlstorical cost convention. The principal accounting poliues
adopted are set out below.
1.2 Golnz concem
At the time of approvin8 the financial Statements. the trustees have a reasonable expectaiion that the charlty has
dequate resources ro continue In operdtional exlstence for the foreseeable future. Thus the trustees continue to adopt
the 80in8 concern basis of accountin8 Dn preparing the financial Statements.
1.3 Charitable funds
Unrestricted funds are available for use at the dlscretlon of the trustees In furtherance of their charitable objectives.
Deslgnated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The
purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subjett to specrfic conditions by donors or grantors as to how they may be used. The purposes and
uses of the restrlcted funds are set out in the notes to the financial statements.
1.4 In¢ome
Income is recognised when the charity is le8alty entitled to It after ary performance condition5 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 notrfied of the
donation, unless performance conditlons requlre deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deed5 of covenant is recognised at the time of the donatlon.
Legacles are reco8nlsed on receipt or otherwise if the charity has been notified of an impendlng distrlbution, the
amount is known, and receipt is expected. If the amount is not known. the legaty is tfeated as a contingent asset.

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnued)
1.5 Expendlture
Expenditure Is recognised once there is a legal or cortstructive obligation to transfer economic benefit to a third party, it
Is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be
measured reliably.
Expenditure is classified by actlvity. The costs of each activity are made up of the totsl of dlrect costs and shared costs,
includin8 SUPPOrt costs involved in undertakin8 each actlvity. Dirett costs attributable to a single activity are allocated
directly to thai actlvity. Shared costs which contribute to more than one activity and Support costs which are not
attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocated on the basis of time spent. and depreciatlon char£es are allocated on the portion of the
asset's use.
1.6 Tangible fixed assets
Tangible flxed assets are Inltially measured at cost and subsequently measured at cost or valuatlon. net of depreclatlon
and any impaimient losses.
Depfeciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
Ilves on the follDwln8 bases:
Freehold land and buildÈngs
Fixtures and fittings
Computers
Motor vehides
SO years straight line
25 years straight line
5 years straighi line
5 years strai8ht line
The galn or loss arlsln8 on the disposal of an asset Is determlned as the dlfference between the sale proceeds and the
carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Flxed asset Investments
Flxed asset investments are initially measured at transaction price excludin8 transaction costs, and are subsequently
measured at falr Yalue at each reporting date. Changes in fair Wdlue are recognised In net income/(expenditure) for the
Year. Transaction costs are expensed as incurred.
1.8 Impalrment of fixed assets
At each reportin8 end date, the charity revlews the carryln8 amounts of Its tan8lble assets to determlne whether there
is any indication that those assets have suffe￿￿ an impairment loss. If any such indication exists, the recoverable
amount of the asset is estirnated in order to detefrnine the extent of the impairment loss (if any}.
1.9 Cash and cash equlvalents
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. 8ank overdrafts are shown withln borrowlngs In
current liabilities.
10-

THE SYLVIA BEAUFOY CENTRE
.NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ountln8 pollcles
Icontinued)
1.10 Flnancial Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instrument$1ssues' of FRS 102 to all of its financial instruments.
Financial in5tnJments are recognised in the charity's balance sheet when the charity becomes party to the contrdrtual
provisions of the instrument.
Financial assets and liabillties are offset, with the net amounts presented in the financial statements, when there Is a
legally enforceable rlght to set off the recognised arnounts and there is an intenlion to settle on a net basis or to realise
the asset and settle the liability simul¢aneous1y.
kgaskflnanclal ossets
Basic financial assets. which indude debtors and cash and bank balances. are initially measured at transartion price
Includlng iransactlon costs and are subsequently carrled at amortised cosi uslng the effecrive Interest method unle55
the arrangement constitutes a financirg transaction. where the transaction 15 measured at the present value of the
future receipts dlscounted at a market rate of Interest. Flnandal assets dasslfled as recelvable wlthln one year a￿ rbot
mortised.
805icfinanclal liabilities
Basic financial liabilities, including creditor5 and bank loans are initially reco8ni5ed at trdnsartion price unless the
arrangement constitutes a financing transartion. 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
amortlsed.
Debt instruments are subsequentty carried at amortised cost, us5ns the effectlve interest rate method.
Trade creditors are obllgatlons to pay for goods or servlces that have been acquire(I In the ordinary course of operations
from suppliers. Amounts payable are classified as current liabilities rf payment is due within one year or less. If not, they
are presented as non-current Ilabllltles. Trade creditors are recognised initially at transaction price and subsequentty
measured ai amortised cost usin8 the effective interest method.
Derecognltlon olflnandal Ilobllftles
Flnanclal Ilablllties are derecognlsed when the charivs contractual obligations expire or are dischar8ed or cancelled.
1.11 Employee benefits
The cost of any unused hollday entitlement is recognised in the period in which the employee's services are received.
Termlnation benefits are ￿cOgnised immedlately a5 an expense when the charvty is demonstrabty committed to
terminate the employment of an employee or to provide termination benefits.
Critl(al accountlng estimates and judgements
In the application of the charity's accounting policies. the Iru5tees are required to make judgements, estlmates and
assumptlons about the carrying amount of assets and Ilabilitles that are not readlly apparent from olher sources. The
estimates and associated assumptions are based on historical experience and other factors thai are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlySn8 assumptlons are revlewed on an on80ing basls. Revislons to accounting estimates are
reco8nised in the period in which the estimate Is mised where the revlsion affects onty that perlod. or In the perlod of
the revision and future periods where the revision affects both current and future periods.
11

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donatlons and legacles
Unrestricted
funds
2024
Rostrlcted
lunds
2024
Total Unrestrfcted
fvnds
2023
Restrlrted
funds
20Z3
Totsi
2024
2023
Donatlons artd glfts
Grants receivable
50,138
SO.138
244.264
73.362
73.362
112.033
244,264
112,033
50,138
244,264
294,402
73,362
112,033
185.395
Grnnts recetvable for cm a¢tlvltles
Gfeenpower project
After-school study
Youthwork trainin8
Staffin8
Summer opening
Duke of Edlnbur8h
Evolve
Building improvements
Bikes
Other
29,221
l.(MJl
4,500
149,182
17.456
9,S04
9,740
552
29,221
I,ooi
4,5tXJ
149,182
17.456
9,S04
9,740
S52
17.481
820
17.481
820
83,098
4,248
4,112
249
83.098
4.248
4,112
249
2,025
2,025
23,108
23,108
244,264
244,264
112.033
112.033
In￿me from tharttable Jrtmtles
Unrestrfrted
funds
2024
Unrertrlcted
funds
2023
Coffee bar
Sale of 8oods
2,813
2,107
12-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from other tradlng artlvltles
Unrestrirted Unrestricted
funds
fund5
2024
2023
Fundraislng events
Trading activity Income: other
2,036
7,622
4,592
6,493
Other tradlng actlvbtles
9,658
11,085
Income from Investments
Unrestrlcted
funds .
2024
Unrestrfrted
funds
20Z3
Interest receivable
344
13-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable artlvltles
Charitsble
artlvltles
2024
Charitable
actlvltles
2023
Dlrert costs
Staff costs
Depreciation and impairment
Events and activities
Rates and water
Insurance
Light and heat
aeanln8
Repairs and maintenance
Prlntln8, Postage and stationary
Telephone
Motor running costs
Sundry expenses
137,013
8,501
77,267
113,437
7.597
60.540
823
2,994
3,898
4,689
9,2fA)
917
991
8,207
4,462
3,225
4,217
1,392
2,165
1,150
1,126
3.754
2,700
243,294
217.815
Share of support and 8ovemance costs (see note 8)
Governance
4,655
1,977
247,949
219,792
Analysis by fund
Unrestricted funds- general
Restricted funds
58,431
189518
80,262
139.530
247.949
219.792
Support Costs allocated to artlvltles
2024
2023
Governance costs
4,6S5
1,977
Analysed between:
Charitable actlvlties
4.655
1,977
14-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Net movement In lunds
2024
2023
The net movement in funds is stated after char8ing/(crediting):
Fees payable for the independent examination of the tharity's financial statements
Depreciation of owned tsngible fixed assets
4.620
8,501
1.977
7.597
10 Trustees
The trustees did not recelNe any ￿muneration durlng the year. The charity pald for the Insurance premiums to
indemnrfy the Trustees frorn any1055 arisin8 from ne8lect or default of the Trustees or mana8ernent comrnittee.
li
Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Employment ￿$ts
2024
2023
Wages and Salaries
137,013
113,437
There were no employees whose annual remuneration was more than £60,000.
12 Galns aTrd losses on Investments
Unrestricted
funds
2024
Unrestricted
fvnds
2023
Gainsl{losses) arisin8 On:
Rwdluation of Investments
12.107
(6,328)
13
Taxatlon
The charity is exempt from L1xation on its artivities because all its intome is applied for charltsble purposes.
15-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14
Tangible fixed assets
Freehow land
and Iwlldl
Fhiures and
fittings
Cornwtots Mokn
T¢ytsl
Cost
At l April 2023
Addltions
Disposals
138,249
8,451
1,994
(411)
18.654
165,354
31,944
(411)
29,950
At 31 March 2024
138,249
29,950
10,034
18,654
196,887
Depreclatlon and Impalmient
At l Aprll 2023
Depreciation charged in the year
Eliminated in respert of disposals
67,545
2,715
5,001
1,356
(411)
7,462
3.731
80,008
8.501
1411)
699
At 31 March 2024
70,260
699
11.193
88,098
Carryln8 amount
At 31 March 2024
67,989
29,251
4,088
7.461
108,789
At 31 March 2023
70.704
3.450
11.192
85,346
IS Flxed asset lrniestments
Llsted
Investments
Cost or valuatlon
At l April 2023
Valuation changes
118.334
12.107
At 31 March 2024
130,441
Carryin8 amount
At 31 March 2024
130.441
At 31 March 2023
118,334
16-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Debtors
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Prepayments and accrued Income
1.954
783
3,794
783
17 Creditots: amounts fallin8 due wfthln one year
2024
2023
Trade creditors
Other credltots
Accruals and deferred income
1,763
575
2,647
3,125
21x1
4.985
3,325
Restricted funds
The restricted funds of the chafity comprise the unexpended balances of donatlons and grants held on trust subject lo
specific conditions by donors as to how they may be used.
At l Aprll 2023
Incomlni
resources
Resources
expended
Transfers
At 31 March
2024
Greenpower Project
Youth Cafe
Youthwork Trninin8
stsffing
Summer Opening
Duke of Edlnburgh
Evolve
Building Improvements
Bikes
11,325
2.533
1,529
1.59S
29,221
i.ooi
4.500
149,182
17,456
9,504
9.740
23.660
(27.0911
(930)
{4.301)
(127.1491
120.1981
17.355)
1302)
(1.277)
191S)
13.455
1.728
23,628
2.742
2,711
5.316
4,860
14.754
22.383
1.110
2.025
27,034
244,264
(189.518)
2.742
84.522
17-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Re5tr1rted funds
(Continued)
Prevlous yoar.
At l Aprfl 2022
Incomln8
resources
Resources
expended
Tftnsf8r5
At 31 March
23
Greenpower Project
Youth Cafe
Youthwork Trainin8
Staffing
Summer Openln8
Duke of Edinburgh
Evolve
Building Improvements
Bikes
6,588
2.261
4.167
21.510
3.523
6,780
S.067
17,481
820
{12.744)
1548)
12.638)
1103,013)
(11.838)
{8.181)
11,325
2.533
1,529
I,S95
83.098
4.248
4,112
249
4.067
2.711
5.316
(568)
568
2.025
2.025
49.896
112,033
(139,530)
4,635
27,034
Green
ower Pro"ect
Sponsorshlp of our Greenpower racing cars and the respective team attivities.
Youth Café
Teaching young people how lo cook.
Youthwork Trainin
Tralning costs for staff and volunteers who undertake attivities with young people.
Staffin
Specific donations given to enable the staffin8 of the centre.
Summero
enin
Our summer pro8ramme, which includes our residential and day trips during the Summer 5th001 holidays.
Duke of Edinbu
Costs relatin8 to our Duke of Edinburgh Avrdrd Programme.
Evolve
Costs relatln8 to our Evolve Youth Club (club for prlmary school a8es >ll).
Bulldln
rovements
Specilic gitts and expenditure related to the improvernent and development of the building.
Bikes
Mountain kn'king sessions Whe￿ we take a group of young people on biking trips.
18-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Unrestrlcted funds- desl8nated
These are unrestricted funds which are material to the charity's activities.
At l Aprll 2023
Transfers
At 31 March
2024
Six months costs
Building improvernents
Tangible assets
70,OIXI
75.OCKI
108,789
70,000
75,0(MJ
108,789
253.789
253.789
To cover six months Worth of runnin8 Costs lo ensure the continued services of the Charity,
This is match funding to cover the cost of improvements 10 the building without affecting the contlnued alms of the
Charity.
Tan
ible assets
Relates to the value of the assets held by the Charity wlth whSch It carrles out its actlvities and a￿ therefo￿ not
avallable for 8eneral use.
20 Unrestrlrted fvnds
The unrestricted funds of the charity comprlse the unexpended balances of donations and grants which are not subject
to speclflc condltlons by donors and grantor5 as to how they may be used. These Include de5i8nated funds which have
been set aside out of unrestricted fvnds by the trustees for specific purposes.
At l Aprll 2023
Incomln
resources
TransfersGalns and losses
At 31 March
2024
expended
Generdl funds
277.774
64.089
(58.4311
1256.531)
12,107
39,008
Previous year:
At l April 2022
Incomlng
resources
Resources
expended
TransfersGalns and losses
At 31 Marth
2023
General funds
282.101
86.898
(80.262)
(4.635)
{6,328)
277.774
19-

THE SYLVIA BEAUFOY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Analysls of net assets between funds
Unrestrlcted
funds
general
2024
Unrestrfrted
fvnds
designated
20Z4
Restrfrted
fvnd5
Total
2024
2024
At 31 March 2024:
Tangible assets
Investment5
Current assets/lliabilities)
108.789
130,441
14,559
108,789
130,441
138.089
39.008
84,522
39.008
2S3,789
84,S22
377,319
Unrestrfrted
lunds
eneftl
2023
Unrertrlrted
fvnds
des58nated
2023
Restrlrted
funds
Total
2023
2023
At 31 March 2023:
Tangible assets
Investments
Current assets/lliabllitles
8S,346
118,334
74,094
85,346
118.334
101,128
27,034
277,774
27,034
304,808
Related party transactions
There were no disdosable related party transactions during the year (2023 . none).
-20-