Terry's Day Care Limited
Annual Report and unaudited Financial Statements
For the Period ended 31 March 2025
## **Terry's Day Care Limited**
## **Legal and administrative information**
## **Trustees**
Mrs R T De Lorenzo Mr S McGee Mrs T M Jeffery
**Charity number** 1199604 **Company number** 13554558 **Registered office** Ground Floor Madgwick Lane Westhampnett Chichester England PO18 0FB
## **Independent examiner**
DJH Chester Limited Chester House Lloyd Drive Cheshire Oaks Business Park Ellesmere Port Cheshire England CH65 9HQ
## **Terry's Day Care Limited**
## **Contents**
||**Page**|
|---|---|
|Trustees report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 16|
## **Terry's Day Care Limited**
## **Trustees report (including directors' report)**
## **For the Period ended 31 March 2025**
The Trustees present their annual report and financial statements for the period 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 charity's objectives are to provide relief of elderly persons from experiencing social isolation or who may be affected by chronic disease and life limiting illnesses by providing a day care facility to offer support, information and respite care for such persons and their families and carers.
## **Public benefit**
The Trustees have paid due regard to guidance issued by the Charity Commission on public benefit.
## **Review and Decision to close**
Despite efforts to secure sustainable funding and navigate the complexities of the current economic climate, while monitoring the financial position of the charity, the Trustees agreed that Terry’s Place could no longer be run on a sustainable basis during the year. The Trustees made the difficult decision to close the charity and the day care centre closed its doors on 2[nd] August 2024.
The charity continued its commitment to the charity’s core objectives until the closure in August, including signposting visitors and carers to alternative service providers, where available.
Despite these challenges, the charity has been able to successfully conclude its operations in an orderly manner and with care and diligence. The Trustees ensured that all assets were appropriately dealt with and that beneficiaries and stakeholders were kept informed of the closure. The Trustees have worked closely with regulators and legal advisors to ensure the closure was managed in compliance with all relevant legal requirements, including notifying the Charity Commission. The Trustees will continue to follow any relevant processes to complete the formal dissolution of the charity.
## **Achievements and performance**
_Significant activities and achievements against objectives_
The charity was established with a legacy of £200,000 from Terence (Terry) John Senn, to provide a facility for elderly people to socialise and receive respite care on a non residential basis. A further £50,000 was received in the year to December 2023. The legacy enabled the charity to secure the lease of a property to operate from, invest in initial equipment and cover the required salary costs to ensure beneficiaries received the care they needed from the outset.
The charity has a number of private individuals who contributed a total of £37,940 (2023 - £51,637) towards their respite care on a subsidised basis.
Gifts, grants and fundraising yielded a further £38,547 (2023 - £74,319).
Despite the closure, the Trustees and staff of Terry’s Place are proud of the support and care given to visitors and their carers during the charity’s operational years and the positive impact it had on the community and the individuals it served.
## **Financial review**
Unrestricted income recognised in the year was £68,549 and with restricted grant income being £7,938, total charitable income was £76,487. Revenue expenditure was £140,547 (unrestricted) and £14,317 (restricted) leaving a deficit for the year of £71,998 on unrestricted funds and a deficit of £6,379 on restricted funds.
Total funds at the year end were £804 representing the overall free reserves of the charity.
- 1 -
## **Terry's Day Care Limited**
## **Trustees report (including directors' report) (continued) For the Period ended 31 March 2025**
Due to the charity’s closure, the charity’s final financial year shows a significant decrease in income compared to previous years, as fundraising efforts slowed and the charity’s operational activities wound down. The charity's remaining assets, including reserves, were used to settle outstanding liabilities.
There were no remaining funds to distribute to other charities but, in line with the charity’s governing document, remaining assets were transferred to the Dementia Charitable Company. Registered charity number 1158640. Registered company number 9044373, a local charity with similar charitable aims to those of Terry’s Place.
## **Reserves policy**
It has been the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The decision to close was taken as reserves approached these levels, with the then-current level of funding and incoming unable to sustain the charity. This level of reserves was maintained until the decision to close was made.
## **Structure, governance and management**
The Trust is a registered charity, number 1199604 and a company limited by guarantee number 13554558, governed under the Articles of Association/Governing document dated 27 January 2022 as amended on 5 July 2022.
The Trustees, who are also the directors for the purpose of company law, and who served during the period and up to the date of signature of the financial statements were:
Mrs R T De Lorenzo Mr S McGee Mrs T M Jeffery
## **Recruitment and appointment of trustees**
New trustees are appointed by existing trustees following a recruitment process to ensure a varied skillset is maintained by the board at all times. 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.
## **Acknowledgements and conclusion**
The Trustees wish to acknowledge the dedication and hard work of staff and volunteers who each contributed significantly to the charity’s success and unique and warm environment for visitors over the years. The Trustees would also like to thank the donors, supporters and partners who contributed to the charity’s work throughout its existence. This support made a real difference to the lives of many individuals, and we are truly grateful for your commitment and for having been able to make a difference.
While the charity has closed, the Trustees are confident that its objectives were fulfilled over its lifetime, and of the positive impact it made in the community.
The Trustees report was approved by the Board of Trustees.
.............................. Mr S McGee **Trustee**
Date: .............................................
- 2 -
## **Terry's Day Care Limited**
## **Independent examiner's report**
## **To the Trustees of Terry's Day Care Limited**
I report to the Trustees on my examination of the financial statements of Terry's Day Care Limited (the charity) for the period 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 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act 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 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **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 2006 Act; or
- 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 2006 Act other than any requirement that the accounts 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 accounts 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, other than:-
As detailed within the trustees report, as at 31 March 2025 the charitable company ceased all activities. The accounts reflect the income and expenditure for the year and final outstanding liabilities of the charity. All assets have been disposed of in line with the requirements of the governing document of the charitable company. An application is being made to the Charity Commission and Companies House for the charitable company to be removed from the respective registers.
## **Mrs D D Lea**
Chester House Lloyd Drive Cheshire Oaks Business Park Ellesmere Port Cheshire CH65 9HQ England
Dated: .........................
- 3 -
## **Terry's Day Care Limited**
## **Statement of financial activities Including income and expenditure account**
## **For the Period ended 31 March 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**3**
30,609
7,938
Charitable activities
**4**
37,940
-
Other material income
-
-
**Total income**
68,549
7,938
**Expenditure on:**
Raising funds
**5**
20,833
-
Charitable activities
**6**
109,997
14,317
Other expenditure
**11**
9,717
-
**Total expenditure**
140,547
14,317
**Net expenditure and**
**movement in funds**
(71,998)
(6,379)
**Reconciliation of funds:**
Fund balances at 31
December 2023
72,802
6,379
**Fund balances at 31**
**March 2025**
804
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2023**
**2023**
**£**
**£**
**£**
38,547
69,308
17,847
37,940
51,638
-
-
5,010
-
76,487
125,956
17,847
20,833
14,960
-
124,314
143,766
15,969
9,717
-
-
154,864
158,726
15,969
(78,377)
(32,770)
1,878
79,181
105,572
4,501
804
72,802
6,379|**Total**
**2023**
**£**
87,155
51,638
5,010
143,803
14,960
159,735
-
174,695
(30,892)
110,073
79,181|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities.
- 4 -
## **Terry's Day Care Limited**
## **Balance sheet**
## **As at 31 March 2025**
|**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**15**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**17**
Unrestricted funds
**18**|**2025**
**£**
-
2,727
2,727
(1,923)|**£**
-
804
804
-
804
804|**2023**
**£**
**£**
12,992
7,924
97,098
105,022
(38,833)
66,189
79,181
6,379
72,802
79,181|**2023**
**£**
**£**
12,992
7,924
97,098
105,022
(38,833)
66,189
79,181
6,379
72,802
79,181|
|---|---|---|---|---|
|||||79,181|
|||||6,379
72,802|
|||||79,181|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the period ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on .........................
..............................
Mr S McGee **Trustee**
Company registration number 13554558 (England and Wales)
- 5 -
## **Terry's Day Care Limited**
## **Notes to the financial statements For the Period ended 31 March 2025**
## **1 Accounting policies**
## **Charity information**
Terry's Day Care Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Ground Floor, Madgwick Lane, Westhampnett, Chichester, PO18 0FB, England.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, 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 are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## **1.2 Going concern**
The charitable company ceased all activities on 31 March 2025. As part of the closure of the charity, all plant and equipment was transferred at nil consideration to the Dementia Support Charitable company. Registered Charity No. 1158640. Company No. 9044373.
## **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.
- 6 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued) For the Period 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:
Fixtures and fittings 20% on cost
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.
- 7 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued) For the Period ended 31 March 2025**
## **1 Accounting policies**
## **(Continued)**
## _**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.
## **1.10 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.
- 8 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued)**
## **For the Period ended 31 March 2025**
|**3**
**Donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
552
-
Legacies receivable
-
-
Other grants
30,057
7,938
30,609
7,938
**Grants receivable for**
**core activities**
Garfield Weston
10,000
-
Capita WSCC
19,682
-
Chichester County
Council
-
-
Rowan Bentall
Charitable Trust
-
-
Albert Hunt Trust
-
-
West Sussex Travel
Society Charity
-
-
Tesco Community
Grants
375
-
Restricted funds
-
7,938
30,057
7,938
**4**
**Income from charitable activities**
Other income
**Analysis by fund**
Unrestricted funds|**Total** Unrestricted
Restricted
Total
funds
funds
**2025**
2023
2023
2023
**£**
£
£
£
552
3,891
-
3,891
-
50,000
-
50,000
37,995
15,417
17,847
33,264
38,547
69,308
17,847
87,155
10,000
-
-
-
19,682
10,000
-
10,000
-
500
-
500
-
250
-
250
-
2,000
-
2,000
-
500
-
500
375
2,625
-
2,625
7,938
-
17,847
17,847
37,995
15,417
17,847
33,264
**Private**
**respite**
**Private**
**respite**
**2025**
**2023**
**£**
**£**
37,940
51,638
37,940
51,638|
|---|---|
- 9 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued)**
## **For the Period ended 31 March 2025**
## **5 Expenditure on raising funds**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2023**|
||**£**|**£**|
|**Fundraising and publicity**|||
|Seeking donations, grants and legacies|20,833|14,960|
## **6 Expenditure on charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**activities**|**activities**|
||**2025**|**2023**|
||**£**|**£**|
|**Direct costs**|||
|Staff costs|45,846|74,880|
|Depreciation and impairment|3,275|2,434|
|Advertising and marketing|502|1,210|
|Rent and rates|37,297|33,713|
|Arts, crafts and general day care costs|3,098|8,158|
|Repairs and renewals|1,852|4,686|
|Cleaning and hygiene|775|2,504|
|Music costs|159|227|
|Food and catering|7,252|10,148|
||100,056|137,960|
|**Share of support and governance costs (see note 7)**|||
|Support|21,708|19,961|
|Governance|2,550|1,814|
||124,314|159,735|
|**Analysis by fund**|||
|Unrestricted funds|109,997|143,766|
|Restricted funds|14,317|15,969|
||124,314|159,735|
- 10 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued)**
## **For the Period ended 31 March 2025**
|**7**
**Support costs allocated to activities**
Staff costs
Legal and professional
Bank charges
Telephone and internet
IT software and consumables
Insurance
Staff welfare
Governance costs
**Analysed between:**
Charitable activities
**8**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets|**2025**
**£**
12,551
3,608
333
3,066
1,168
223
759
2,550
24,258
24,258
**2025**
**£**
3,275|**2023**
**£**
12,650
1,734
301
2,219
1,311
797
949
1,814|
|---|---|---|
|||21,775|
|||21,775|
|||**2023**
**£**
2,434|
## **9 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the period.
## **10 Employees**
The average monthly number of employees during the period was:
||**2025**|**2023**|
|---|---|---|
||**Number**|**Number**|
||4|4|
|**Employment costs**|**2025**|**2023**|
||**£**|**£**|
|Wages and salaries|54,135|81,884|
|Social security costs|3,414|4,505|
|Other pension costs|848|1,141|
||58,397|87,530|
- 11 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued) For the Period ended 31 March 2025**
## **10 Employees**
## **(Continued)**
There were no employees whose annual remuneration was more than £60,000.
## **11 Other expenditure**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2023**|
||**£**|**£**|
|Charitable donations|9,717|-|
## **12 Taxation**
The charity is exempt from taxation on its activities on the basis that all income is applied for charitable purposes.
## **13 Tangible fixed assets**
|**Tangible fixed assets**||
|---|---|
||**Fixtures and**|
||**fittings**|
||**£**|
|**Cost**||
|At 31 December 2023|1,698|
|Additions|(1,698)|
|At 31 March 2025|-|
|**Depreciation and impairment**||
|At 31 December 2023|(749)|
|Depreciation charged in the period|3,275|
|Eliminated in respect of disposals|(2,526)|
|At 31 March 2025|-|
|**Carrying amount**||
|At 31 March 2025|-|
|At 30 December 2023|12,992|
- 12 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued)**
## **For the Period ended 31 March 2025**
|**14**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**£**
-
-
-
**2025**
**£**
-
1,923
-
-
1,923
**2025**
**£**
848|**2023**
**£**
7,500
424|
|---|---|---|
|||7,924|
|||**2023**
**£**
1,335
26,814
8,771
1,913|
|||38,833|
|||**2023**
**£**
1,141|
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.
- 13 -
## **Terry's Day Care Limited**
## **Notes to the financial statements (continued) For the Period ended 31 March 2025**
## **17 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 31**|**Incoming**|**Resources**|**At 31 March**|
|---|---|---|---|---|
||**December**|**resources**|**expended**|**2025**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|Hall and Woodhouse|-|1,000|(1,000)|-|
|Chichester City Council|-|3,400|(3,400)|-|
|Barchester Healthcare Foundation|462|-|(462)|-|
|Simpson Charitable Trust|1,100|-|(1,100)|-|
|Awards for All|4,817|-|(4,817)|-|
|Certas Grant|-|850|(850)|-|
|Ernst Klein Charitable Trust|-|2,688|(2,688)|-|
||6,379|7,938|(14,317)|-|
|**Previous year:**|**At 31**|**Incoming**|**Resources**|**At 30**|
||**December**|**resources**|**expended**|**December**|
||**2022**|||**2023**|
||**£**|**£**|**£**|**£**|
|Hall and Woodhouse Community Chest|2,682|-|(2,682)|-|
|Chichester City Council|1,819|-|(1,819)|-|
|Sussex Community Foundation|-|5,000|(5,000)|-|
|Homity Trust|-|1,000|(1,000)|-|
|Barchester Healthcare Foundation|-|800|(338)|462|
|Simpson Charitable Trust|-|1,100|-|1,100|
|Awards for All|-|9,947|(5,130)|4,817|
||4,501|17,847|15,969|6,379|
The purpose of each restricted fund noted above is as follows:-
Hall and Woodhouse Community Chest represents a grant for Wellbeing activities.
Chichester City Council represents a grant for the purchase of kitchen and sensory equipment.
Sussex Community Foundation represents a grant to cover staff costs.
Homity Trust, Certas Trust and Ernst Klein Trust represent grants for Wellbeing activities.
Barchester Healthcare Foundation represents a grant to cover music costs.
The Simpson Charitable Trust represents a grant to cover wellbeing activities.
Awards for All Lottery funding represents a grant to cover staff costs and wellbeing activities.
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## **Terry's Day Care Limited**
## **Notes to the financial statements (continued) For the Period ended 31 March 2025**
## **18 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 31**|**Incoming**|**Resources**|**At 31 March**|
|---|---|---|---|---|
||**December**|**resources**|**expended**|**2025**|
||**2023**||||
||**£**|**£**|**£**|**£**|
|General funds|72,802|68,549|(140,547)|804|
|**Previous year:**|**At 31**|**Incoming**|**Resources**|**At 30**|
||**December**|**resources**|**expended**|**December**|
||**2022**|||**2023**|
||**£**|**£**|**£**|**£**|
|General funds|105,572|125,956|(158,726)|72,802|
|**Analysis of net assets between funds**|||||
|||**Unrestricted**|**Restricted**|**Total**|
|||**funds**|**funds**||
|||**2025**|**2025**|**2025**|
|||**£**|**£**|**£**|
|**At 31 March 2025:**|||||
|Current assets/(liabilities)||804|-|804|
|||804|-|804|
|||**Unrestricted**|**Restricted**|**Total**|
|||**funds**|**funds**||
|||**2023**|**2023**|**2023**|
|||**£**|**£**|**£**|
|**At 30 December 2023:**|||||
|Tangible assets||12,992|-|12,992|
|Current assets/(liabilities)||59,810|6,379|66,189|
|||72,802|6,379|79,181|
## **19 Analysis of net assets between funds**
## **20 Related party transactions**
## **Transactions with related parties**
During the period the charity entered into the following transactions with related parties:
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## **Terry's Day Care Limited**
## **Notes to the financial statements (continued)**
## **For the Period ended 31 March 2025**
## **20 Related party transactions**
## **(Continued)**
The charity incurred costs of £103,957 (2023 - £114,602) for wages, rent and rates, legal and professional fees and other direct charitable costs from West Sussex Care Limited a company with a common director. At the period end there was a balance outstanding of £nil (2023 - £2,784).
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