**Charity registration number 1187451 (England and Wales)**
## **THE SYLVIA BEAUFOY CENTRE**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr N Bathe Mr S Lewis Mr A Carrington Mr T H Compton BSc MICFor Ms E A Sneller MSc Ms E P Lintill **Charity number** 1187451 **Registered office** The Sylvia Beaufoy Centre Midhurst Road Petworth West Sussex England GU28 0ET **Independent examiner** Oliver Read FCCA ACA James Todd & Co Limited Drayton House Drayton Lane Chichester West Sussex England PO20 2EW
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6 - 7|
|Balance sheet|8|
|Notes to the financial statements|9 - 19|
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **TRUSTEES' 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 Charities Act 2011 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**
1. To help children and young people, up to the age of 18 living in Petworth and surrounding parishes, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society.
2. To act as a resource for young people by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
- a. Advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals
- a. Advancing education
- a. Relieving unemployment
- b. Providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.
## **Public benefit**
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Activities**
The Centre aims to be a welcoming and vibrant meeting place for young people aged 9 to 18 from Petworth and the surrounding villages. The Centre has provided the following activities throughout the year:
- Greenpower Project
- Duke of Edinburgh Award Programme
- Social Session (secondary school age)
- Youth Café
- Mountain Biking
- Evolve (club for those in school years 5 and 6)
- X-Hale (relaxation and wellbeing)
- Goblins (Greenpower for Primary School)
- Four-day Residential to the Brecon Beacons
- Week-long Kids Club in partnership with PACT (Petworth Area Churches Together)
- Music Sessions – SBC Band (The Lesser Known) Annual Awards Ceremony
- Toddler Time Sessions
- Day trips – including Go-karting, Ninja Warriors (obstacle park), Beaulieu Museum, Cinema Trip and Outdoor Cinema, Petworth Business Association Employment evening, HWM Aston Martin Trip.
- Participation in community events – Goodwood Charity Day, Petworth Fete in The Park, Hampers Green Bonfire Night, Petworth Christmas Cracker event, Petworth Chorus Carol Concert.
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
Numbers have remained constant throughout the year, but higher than last year. The Summer Term/Summer Programme (2024) attendance (footfall) was 2,142, Autumn Term (2024) it was 1,762, and Spring Term (2025) it was 1,428. This gave a total footfall of 5,332 for the 2024-25 financial year.
Youth Workers at the Centre incorporate a mix of informal education and recreation through open drop-in sessions 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 organisations to ensure the best possible outcomes for young people through our planned and structured programme. Staff continue to work one to one with young people who need extra help, providing mentoring, signposting and referrals for specialist help.
Free entry is offered to the majority of sessions run throughout the year, with activities available to anyone regardless of background or income. There have been some small contributory charges to additionally planned activities, but we always highlight that affordability is not a barrier to inclusion.
Over the course of the year, young people attending the Centre have participated in activities and workshops which have promoted healthy eating, life skills, team-working and encouraging well-being through reducing anxiety and improving mental health. Young people are encouraged and supported to make positive contributions to the youth club and to the local community through organising club events, fundraising and volunteering. We have had a number of our Duke of Edinburgh Award participants volunteering in the local community.
Following the successful launch as a Duke of Edinburgh Award programme provider in January 2021, the fifth cohort of DofE participants have successfully finished Bronze and Silver level awards. We have 49 young people participating in the programme this year across Gold, Silver and Bronze levels. The programme is continuing with a new cohort in September 2025 across all three levels.
Our members have also been involved with The Greenpower Electric Car Project funded by a number of sponsors including HWM Aston Martin, Classics on Track for Children, and Fiskens Historic Automobiles. The project involves young people building and developing electric cars and taking part in team activities, as well as entering a number of races organised by the Greenpower Education Trust. At the end of the 2024 season, we had four cars. Our team took part in the International Greenpower final at Goodwood in October 2024, competing with other teams from around the world. Our cars finished in 18[th] , 42[nd] , 43[rd] and 49[th] position out of a field of c.80 cars. Over the course of the winter one new car was built and the older kit car was developed to enter the older F24+ category (ages 16-25). We are currently the only youth club-based team consistently represented in the Greenpower races.
Our organisation has safeguarding policies and procedures in place to ensure that every child, regardless of their age, gender, religion or ethnicity, is protected from harm. Safeguarding Training for Staff, Volunteers and Trustees is updated regularly and DBS checks completed every 3 years.
In addition to our core sessions, we received funding from the Hyde group to provide support to younger children. We have used this funding to take over the running of the Toddler Time group (previously operated by the Petworth Community Church). We have appointed a part-time Toddler Time Lead who manages the weekly Tuesday morning sessions during the term-time.
Our organisation has safeguarding policies and procedures in place to ensure that every child, regardless of their age, gender, religion or ethnicity, is protected from harm. Safeguarding Training for Staff, Volunteers and Trustees is updated regularly and DBS checks completed every 3 years.
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Financial review**
## **Reserves policy**
The policy of the Charity 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.
## **Principal funding sources**
There is no longer any statutory funding for youth club activities. Instead, we rely entirely upon voluntary contributions, grant applications and our own fundraising. Our current activities have been supported financially by individual gifts and donations, grants from other local trusts and organisations, and grant funding for specific projects and activities. We receive regular monthly donations from the LocalGiving Scheme. We are registered for Gift Aid with HMRC.
During 2024/2025 we received specific grants/funding from The National Lottery, The Hyde Foundation, Sussex Community Foundation, HWM Aston Martin, Fiskens Historic Automobiles, Classics on Track for Children, BBC Children in Need, Chichester District Council, Petworth Town Council, English Woodlands Timber, Petworth Community Church Legacy Fund, Petworth Chorus, Lurgashall Parish Council, Tillington Parish Council, and the Leconfield Singers. We also benefitted from donations from local families and Trusts.
## **Investment policy**
The Constitution authorises the Trustees 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. A general review of the investment was undertaken this year by CPN.
## **Major risks**
The Trustees are mindful of their responsibilities in risk management and regularly review the major risks and ensure appropriate policies are in place to mitigate 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 public liability insurance.
## **Plans for future periods**
The Charity is always seeking to improve the service offering to young people and the community. As well as developing activities and new opportunities, improvements to the facilities are essential to maintain and fully utilise the space within the Centre. The following are projects that the Charity have planned:
- Building extension - The Charity has been granted planning permission to extend the building. This extension will provide a workshop for two of the major projects – Greenpower and Mountain Biking. Both of these projects promote Science, Technology, Engineering and Mathematics, as well as physical and mental fitness.
- Redevelopment of internal space - By moving Greenpower and Mountain Biking into another area, a large space within the main Centre will be created. This space can be developed to better suit the needs of our Centre users. This area may include smaller wellbeing rooms, a sound studio, and a meeting space. All of these new spaces would be available to our young people and also to the broader community.
- Accessibility - The Centre has disabled access to the side of the building but only to the ground floor. The only access to the first floor is via stairs. A review of first floor accessibility is planned to enable all potential Centre users to have full access to both floors.
- Toilet Facilities – There is currently only one cubicle within the male and female facilities. There is scope to increase this to two cubicles for each and to update the facilities.
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Structure, governance and management**
On 20 January 2020, the Trustees registered a new Charitable Incorporated Organisation "The Sylvia Beaufoy Centre" (Charity no: 1187451), with the Charities Commission for England and Wales. The Sylvia Beaufoy Centre took over all of the activities and assets of the Petworth Youth Association (Charity no: 305403), in line with the objects and stipulations of the existing Trust Deed dated 7 May 1962. The legal requirements of this transfer were completed on 20 July 2022.
At the close of the financial year there were six Trustees acting on the Charity's behalf:
- Eileen Lintill (appointed Chair, November 2023, original Trustee appointment January 2015, renewed January 2024)
- Tom Compton (appointed Vice-Chair, November 2023, original Trustee appointment August 2020, renewed effective August 2023)
- Annie Sneller (original Trustee appointment January 2013, renewed January 2024)
- Andrew Carrington (original Trustee appointment October 2020, renewed October 2023)
- Nigel Bathe (appointed November 2023)
- Stuart Lewis (appointed November 2023)
- Lord Egremont is patron of the Charity.
The registered office of the Charity is: The Sylvia Beaufoy Centre, Midhurst Road, Petworth, West Sussex GU28 0ET.
## **Recruitment and appointment of trustees**
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
## **Organisational structure**
At the end of the financial year, we had 3 full-time and 5 part-time paid workers (equivalent to 3.56 FTE employees).
The three full time roles are:
- Charity Manager – management and operation of the Charity.
- Senior Youth & Community Manager – oversight/management of youth activities.
- Youth Coordinator – provision of leadership and support to the youth activities.
In addition, there are five part-time Sessional Youth Workers, and a part-time cleaner (who is also a Sessional Youth Worker).
The Trustees meet at bi-monthly intervals to discuss the current position of the charity and action on strategic and legal matters, governance and finance. Decisions, including the appointment of Trustees, are taken by consensus and, as necessary, by formal majority vote. Trustees will meet informally with anyone becoming a Trustee and relevant policies are provided.
The trustees' report was approved by the Board of Trustees.
.............................. Ms E P Lintill **Trustee** 08 / 07 / 2025 Date: .............................................
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## **THE SYLVIA BEAUFOY CENTRE**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE SYLVIA BEAUFOY CENTRE**
I report to the trustees on my examination of the financial statements of The Sylvia Beaufoy Centre (the charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
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**
Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of FCCA ACA, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
## **Oliver Read FCCA ACA**
James Todd & Co Limited Drayton House Drayton Lane Chichester West Sussex PO20 2EW England
09 / 07 / 2025 Dated: .........................
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2025**
**2025**
**2025**
**Notes**
**£**
**£**
**£**
**Income from:**
Donations and legacies
**3**
36,753
-
332,752
Charitable activities
**4**
4,430
-
-
Other trading activities
**5**
10,354
-
-
Investments
**6**
3,290
-
-
**Total income**
54,827
-
332,752
**Expenditure on:**
Charitable activities
**7**
83,340
-
181,597
**Total expenditure**
83,340
-
181,597
Net gains/(losses) on investments
**12**
5,103
-
-
**Net income/(expenditure)**
(23,410)
-
151,155
Transfers between funds
7,996
(7,996)
-
**Net movement in funds**
**9**
(15,414)
(7,996)
151,155|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
369,505
50,138
-
244,264
4,430
2,813
-
-
10,354
9,658
-
-
3,290
1,480
-
-
387,579
64,089
-
244,264
264,937
58,431
-
189,518
264,937
58,431
-
189,518
5,103
12,107
-
-
127,745
17,765
-
54,746
-
(227,280)
224,538
2,742
127,745
(209,515)
224,538
57,488|**Total**
**2024**
**£**
294,402
2,813
9,658
1,480|
|---|---|---|
|||308,353
247,949|
|||247,949|
|||12,107|
|||72,511
-|
|||72,511|
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2025**
**2025**
**2025**
**Notes**
**£**
**£**
**£**
**Reconciliation of funds:**
Fund balances at 1 April 2024
68,259
224,538
84,522
**Fund balances at 31 March 2025**
52,845
216,542
235,677|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**designated**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
377,319
277,774
-
27,034
505,064
68,259
224,538
84,522|**Total**
**2024**
**£**
304,808|
|---|---|---|
|||377,319|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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## **THE SYLVIA BEAUFOY CENTRE**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|**Notes**
**Fixed assets**
Tangible assets
**14**
Investments
**15**
**Current assets**
Debtors
**16**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**17**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**18**
Unrestricted funds - general
**20**
Unrestricted funds - designated
**19**|**2025**
**£**
5,813
241,700
247,513
(6,791)|**£**
128,798
135,544
264,342
240,722
505,064
235,677
52,845
216,542
505,064|**2024**
**£**
3,794
139,280
143,074
(4,985)|**£**
108,789
130,441|
|---|---|---|---|---|
|||||239,230
138,089|
|||||377,319|
|||||84,522
68,259
224,538|
|||||377,319|
08 / 07 / 2025 The financial statements were approved by the trustees on .........................
..............................
Ms E P Lintill **Trustee**
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Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
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 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
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.
Designated 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 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.
## **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.
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## **THE SYLVIA BEAUFOY CENTRE**
## **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 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 activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. 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 depreciation charges are allocated on the portion of the asset’s use.
## **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:
|Freehold land and buildings|50 years straight line|
|---|---|
|Fixtures and fittings|25 years straight line|
|Computers|5 years straight line|
|Motor vehicles|5 years 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 Fixed asset investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
## **1.8 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).
## **1.9 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.
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## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.10 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.
## _**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.
## **1.11 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.
## **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.
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## **THE SYLVIA BEAUFOY CENTRE**
## **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**
**£**
**£**
Donations and gifts
36,753
-
Grants
-
332,752
36,753
332,752
**Grants**
Greenpower project
-
16,488
Youth cafe
-
1,500
Youthwork training
-
2,795
Staffing
-
159,390
Summer opening
-
12,698
Duke of Edinburgh
-
19,591
Evolve
-
700
Building improvements
-
119,590
-
332,752|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
36,753
50,138
-
332,752
-
244,264
369,505
50,138
244,264
16,488
-
29,221
1,500
-
1,001
2,795
-
4,500
159,390
-
149,182
12,698
-
17,456
19,591
-
9,504
700
-
9,740
119,590
-
23,660
332,752
-
244,264|**Total**
**2024**
**£**
50,138
244,264|
|---|---|---|
|||294,402|
|||29,221
1,001
4,500
149,182
17,456
9,504
9,740
23,660|
|||244,264|
## **4 Income from charitable activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|**Coffee bar**|||
|Sale of goods|4,430|2,813|
|**Income from other trading activities**|||
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Fundraising events|3,479|2,036|
|Other income|6,875|7,622|
|Other trading activities|10,354|9,658|
- **5 Income from other trading activities**
- 12 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**6**|**Income from investments**|||
|---|---|---|---|
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2025**|**2024**|
|||**£**|**£**|
||Interest receivable|3,290|1,480|
|**7**|**Expenditure on charitable activities**|||
|||**Charitable**|**Charitable**|
|||**activities**|**activities**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Direct costs**|||
||Staff costs|143,840|137,013|
||Depreciation and impairment|9,790|8,501|
||Events and activities|72,867|77,267|
||Rates and water|610|784|
||Insurance|3,710|3,225|
||Light and heat|2,196|4,217|
||Cleaning|2,063|1,392|
||Repairs and maintenance|12,906|2,165|
||Printing, postage and starionery|1,012|1,150|
||Telephone|1,056|1,126|
||Motor running expenses|7,818|3,754|
||Sundry expenses|3,101|2,700|
|||260,969|243,294|
||**Share of support and governance costs (see note 8)**|||
||Governance|3,968|4,655|
|||264,937|247,949|
||**Analysis by fund**|||
||Unrestricted funds - general|83,340|58,431|
||Restricted funds|181,597|189,518|
|||264,937|247,949|
- 13 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**8**
**Support costs allocated to activities**
Governance costs
**Analysed between:**
Charitable activities
**Governance costs comprise:**
Audit fees
Legal and professional
**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**
**£**
3,968
3,968
**2025**
**£**
3,933
35
3,968
**2025**
**£**
3,933
9,790|**2024**
**£**
4,655|
|---|---|---|
|||4,655|
|||**2024**
**£**
4,620
35|
|||4,655|
|||**2024**
**£**
4,620
8,501|
## **10 Trustees**
The trustees did not receive any remuneration during the year. The charity paid for the insurance premiums to indemnify the Trustees from any loss arising from neglect or default of the Trustees or management committee.
## **11 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries|**2025**
**Number**
3
**2025**
**£**
143,840|**2024**
**Number**
3|
|---|---|---|
|||**2024**
**£**
137,013|
There were no employees whose annual remuneration was more than £60,000.
- 14 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **12 Gains and losses on investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
|Gains/(losses) arising on:|**£**|**£**|
|Revaluation of investments|5,103|12,107|
## **13 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **14 Tangible fixed assets**
|**Freehold land**
**and buildings**
**Fixtures and**
**fittings**
**Computers Motor vehicles**
**£**
**£**
**£**
**£**
**Cost**
At 1 April 2024
138,249
29,950
10,034
18,654
Additions
-
29,799
-
-
At 31 March 2025
138,249
59,749
10,034
18,654
**Depreciation and impairment**
At 1 April 2024
70,260
699
5,946
11,193
Depreciation charged in the year
2,715
1,794
1,550
3,731
At 31 March 2025
72,975
2,493
7,496
14,924
**Carrying amount**
At 31 March 2025
65,274
57,256
2,538
3,730
At 31 March 2024
67,989
29,251
4,088
7,461|**Total**
**£**
196,887
29,799|
|---|---|
||226,686|
||88,098
9,790|
||97,888|
||128,798|
||108,789|
## **15 Fixed asset investments**
||**Listed**|
|---|---|
||**investments**|
||**£**|
|**Cost or valuation**||
|At 1 April 2024 & 31 March 2025|130,441|
|**Carrying amount**||
|At 31 March 2025|130,441|
|At 31 March 2024|130,441|
- 15 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**16**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income|**2025**
**£**
3,206
2,607
5,813|**2024**
**£**
1,954
1,840|
|---|---|---|
|||3,794|
## **17 Creditors: amounts falling due within one year**
|Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**2025**
**£**
3,112
952
6
2,721
6,791|**2024**
**£**
-
1,763
575
2,647|
|---|---|---|
|||4,985|
## **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 1 April 2024**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|---|---|---|---|---|---|
|||**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|Greenpower Project|13,455|16,488|(17,629)|-|12,314|
|Youth Cafe|2,604|1,500|(744)|-|3,360|
|Youthwork Training|1,728|2,795|(3,242)|-|1,281|
|Staffing|23,628|159,390|(128,198)|-|54,820|
|Summer Opening|-|12,698|(12,363)|-|335|
|Duke of Edinburgh|4,860|19,591|(13,885)|-|10,566|
|Evolve|14,754|700|(636)|-|14,818|
|Building Improvements|22,383|119,590|(4,364)|-|137,609|
|Bikes|1,110|-|(536)|-|574|
||84,522|332,752|(181,597)|-|235,677|
- 16 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**18**|**Restricted funds**|||||**(Continued)**|
|---|---|---|---|---|---|---|
||**Previous year:**|**At 1 April 2023**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
||||**resources**|**expended**||**2024**|
|||**£**|**£**|**£**|**£**|**£**|
||Greenpower Project|11,325|29,221|(27,091)|-|13,455|
||Youth Cafe|2,533|1,001|(930)|-|2,604|
||Youthwork Training|1,529|4,500|(4,301)|-|1,728|
||Staffing|1,595|149,182|(127,149)|-|23,628|
||Summer Opening|-|17,456|(20,198)|2,742|-|
||Duke of Edinburgh|2,711|9,504|(7,355)|-|4,860|
||Evolve|5,316|9,740|(302)|-|14,754|
||Building Improvements|-|23,660|(1,277)|-|22,383|
||Bikes|2,025|-|(915)|-|1,110|
|||27,034|244,264|(189,518)|2,742|84,522|
## Greenpower Project
Sponsorship of our Greenpower racing cars and the respective team activities.
## Youth Café
Teaching young people how to cook.
## Youthwork Training
Training costs for staff and volunteers who undertake with with young people.
## Staffing
Specific donations given to enable the staffing of the centre.
## Summer Opening
Our summer programme, which includes our residential and day trips during the summer school holidays.
## Duke of Edinburgh
Costs relating to our Duke of Edinburgh Award Programme.
## Evolve
Costs relating to our Evolve Youth Club (club for primary school ages 9-11).
## Building Improvements
Specific gifts and expenditure related to the improvement and development of the building.
## Bikes
Mountain biking sessions where we take a group of young people on biking trips.
- 17 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **19 Unrestricted funds - designated**
These are unrestricted funds which are material to the charity's activities.
||**At 1 April 2024**|**Transfers**|**At 31 March**|
|---|---|---|---|
||||**2025**|
||**£**|**£**|**£**|
|Six months costs|70,000|-|70,000|
|Building improvements|75,000|-|75,000|
|Tangible assets|79,538|(7,996)|71,542|
||224,538|(7,996)|216,542|
|**Previous year:**|**At 1 April 2023**|**Transfers**|**At 31 March**|
||||**2024**|
||**£**|**£**|**£**|
|Six months costs|-|70,000|70,000|
|Building improvements|-|75,000|75,000|
|Tangible assets|-|79,538|79,538|
||-|224,538|224,538|
## Six months costs
To cover six months worth of running costs to ensure the continued services of the Charity.
## Building improvements
This is match funding to cover the cost of improvements to the building whilst continuing the aims of the Charity.
## Tangible assets
Relates to the value of the assets held by the Charity with which it carries out its activities and are therefore not available for general use. Other than fixtures and fittings, which are a restricted fund for building improvements. This figure is held within note 14, Tangible fixed assets.
## **20 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 2024**|**Incoming**|**Resources**|**TransfersGains and losses**|**TransfersGains and losses**|**At**|**31 March**|
|---|---|---|---|---|---|---|---|---|---|
|||||**resources**|**expended**||||**2025**|
||||**£**|**£**|**£**|**£**|**£**||**£**|
|General funds|||68,259|54,827|(83,340)|7,996|5,103||52,845|
- 18 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
## **THE SYLVIA BEAUFOY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**20**|**Unrestricted funds**|||||||**(Continued)**|
|---|---|---|---|---|---|---|---|---|
||**Previous year:**|**At 1 April 2023**||**Incoming**|**Resources**|**TransfersGains**|**and losses**|**At 31 March**|
|||||**resources**|**expended**|||**2024**|
||||**£**|**£**|**£**|**£**|**£**|**£**|
||General funds||277,774|64,089|(58,431)|(227,280)|12,107|68,259|
|**21**|**Analysis of net assets between funds**||||||||
||||||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|
||||||**funds**|**funds**|**funds**||
||||||**general**|**designated**|||
||||||**2025**|**2025**|**2025**|**2025**|
||||||**£**|**£**|**£**|**£**|
||**At 31 March 2025:**||||||||
||Tangible assets||||-|71,542|57,256|128,798|
||Investments||||-|135,544|-|135,544|
||Current assets/(liabilities)||||52,845|9,456|178,421|240,722|
||||||52,845|216,542|235,677|505,064|
||||||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**|
||||||**funds**|**funds**|**funds**||
||||||**general**|**designated**|||
||||||**2024**|**2024**|**2024**|**2024**|
||||||**£**|**£**|**£**|**£**|
||**At 31 March 2024:**||||||||
||Tangible assets||||-|79,538|29,251|108,789|
||Investments||||-|130,441|-|130,441|
||Current assets/(liabilities)||||68,259|14,559|55,271|138,089|
||||||68,259|224,538|84,522|377,319|
## **22 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
- 19 -
Doc ID: 805919fc1eaa5e37eab07c9afc086267d2addfc4
The Sylvia Beaufoy Centre - Year ended 31 March 2025 -... Full_Accounts.pdf 805919fc1eaa5e37eab07c9afc086267d2addfc4 DD / MM / YYYY Signed
|**27 / 06 / 2025**|Sent for signature to Ms Eileen Lintill (elintill@gmail.com)|
|---|---|
|13:57:33 UTC+1|and Mr Oliver Read (oliver@jamestoddandco.co.uk) from|
||michael@jamestoddandco.co.uk|
||IP: 185.175.36.158|
|**27 / 06 / 2025**|Viewed by Ms Eileen Lintill (elintill@gmail.com)|
|13:59:04 UTC+1|IP: 86.141.89.142|
|**08 / 07 / 2025**|Signed by Ms Eileen Lintill (elintill@gmail.com)|
|18:45:01 UTC+1|IP: 5.66.251.128|
|**09 / 07 / 2025**|Viewed by Mr Oliver Read (oliver@jamestoddandco.co.uk)|
|08:31:05 UTC+1|IP: 185.175.36.158|
|**09 / 07 / 2025**|Signed by Mr Oliver Read (oliver@jamestoddandco.co.uk)|
|08:32:07 UTC+1|IP: 185.175.36.158|
|**09 / 07 / 2025**|The document has been completed.|
|08:32:07 UTC+1||