Charlty rnoigtration number 1200763 (England and Wal•sl Comp•ny rn91sl50Th nvmb•r CE030467 SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Tru$ts•$ MrNCGTay M5 C unger)n Mr Dwbod Rev S J Hamilton Ms H T Ellt M5 V J Tomlins Ms K Wlkinson IApposnled 10 ApTiI 2025) IAppointed 10 Aprtl 2025} (Appointed 10 April 20251 (Appoinled 10 April 20251 Ch•rlty numb•r {England and Wal•8) 12rK)763 Company numb•r CE030467 R•gS8t•r•d offic• The Jubil88 Cènlre Jubl'lee Road Santh44ith Kenl CT13 OQP
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE CONTENTS Page Tru$l8es' report Independent examine¢$ roport Statement of finanrAal actNititis Balan¢• sh8•t Nolts lo the finanaal stslfjmgnts 6-13
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present Iheir annual report and financial slatements for the year ended 31 March 2025. The financial statemen15 have been prepared in aeoyd8ncè wilh the accountiThJ polie5 sel out in nole 1 to the financial statements and comply with the chartys governing document, Ihe Companies Act 2(K)6, FRS 102 'The Fin8n¢ial Rtsporting Standard applicable ir¢ the UK and RePuty of Irdand" and the Charilie5 SORP "Accounting and Reporting by Charities". Statement of Recommended Practice 8pplicable Its ¢harilies preparing Iheir account5 in accordance vnth the Finanoal Rgportj'ng Standard applicable in the UK and Reput1 ol Ireland IFRS 1021" Obl•ctlv•s and activltl• The provision in the inler¢st of swal wèllare ol facilities for recrealion ar other leisu time occupations for thos8 inhabitants ol Sandwich and the adioifting partshes ol Ash, Eastry, Woodensborough and Worth who ale in negd ol such lacilrties by reason of their •ge. youth, finanual Lv s1?1 circurnslances with the object of improving their ¢onditions of lrfe. Public benefit The Irusleg$ have paid due regard lo gvKlan¢e iSSLd by the Charty Commis%on in Ilechjing what actiwlies the ¢harity should undertake. Ach5•v•m•nts and p•rf•rnMn¢• Swnifj¢8nl 8¢1ivili8s and 8chievemenls againsl obJ8clives The Jublleè Centre is cornmitted lo developing a Se¢t bosed Community Hub. It currenlfy houses a numb&r of or9anisalions and events. They offer a variety ol aclmlies lo the residents of SanthYKh and its hinterfand. all of social and Community value. Flnanclal revlew During the pofiod, there was a net irreaSe ol tharity funds of £42.CWJO ¥r#J £38.fJ)O of this was spent on 4 capbtal asset. Rgsems polACy It IS the policy ol the chanty that unreslrKied fLFnds whKh have nol been desTrgnaled lor a specrfic us8 should be mainlained at a level equivalent lo b8ts¥een three and six month's expendrture. The Iwslees consider that reserves at this level will ensur¥ that, in the &vènl ol a signrficant drop in funding. they will be able to continue the charity's currenl activiljes while considefalion is given lo ways in *•thh addrtKJnal funds may be raised. This l&vg1 ol re$?rvg$ has been mainlained throughout Ihe year. Stru¢tyr•. gov•mance and m•nag•ment The trustees. who are also Ihe director5 lor the puw of Company I•w, and who seryed during Ihe year and up lo Iht date ol signature ollhe financ¥ slalements were". Ms J C Timmin5 (Resigned 6 De¢ember 20241 MrNCGray Mr P Woodhouse Ms C Felton Ms C Ungèrson Mr D Wood Rev S J Hamitton Ms H T Elliot s V J Tomlins Ms K Wlkinson {Resigned 2 March 2025) {Resigned 2 March 2025) {Appointed 10 April 2025) IAppoinled 10 April 2025} {Appoinled 10 April 20251 {Appoinled 10 April 2025}
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 R•crnmrt •&yLxnbMN oltrusl••s Al Ery chanty trust•• INSII b• • pewm Bl No on• m•y bo pF IJ a Wust•• • If Iw sh• Is m• •9• of F6 ywj. or • il h• or she %Uj w10matul ceaw lo offth ur•Jw ol 151111D. Cl No Ks •nlrtled io ala •$ • tswiee w1w11 on •ppwthnt w on ary Ftr•pfftm•ni unhl he w sh• h•s •Api•sity Kknowl•ty•O n ¥1¥•f w•y th• ¢hwty Iw•t••• d•clJ•. h1• w tt•r ofvx ol chatrty irvil 01 Al 881 one ol the trvsi••s ol Ihe charfty iYMi•t b• 18 yo•rn 01 ty• c <r+W. 11 th•r• h no lftMt•• •g•d •t1••gt 18 y•af5 the r•rn•inin9 Itustee or trlet¥ may tyty lo cal • m••lry 01 th• Ch• tru8le•J. ty •pwknt • r CrKY liu•l•• Thè ' fepofl w•$ appfoved try Ihe Boafd ol Trusiees MINC Tru•ts• ray D•t•
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE I report lo the trustees on my examination of financial statements of Sand%Mch Community Hub.. The Jubilee Centre {the chartyl for the year ended 31 March 2025. Responslbllltles and basls of r•port As the Iruslees of the charity you are responsible for the Preparati ol the finanual statements In accordance wth the requirements of the Charilie5 Act 2011. I report in respect of my examination of the charrty's finanoal statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have follod the Dirèctths given by the Charty Commission unde¥ seth'on 145{5llbl ol the ChartliesAct 2011. Indep•nd•nt examlnerfs statement Your attention 1$ drawn to the facl that the charity has prepared the finanual stslements in a¢cord8n¢e wilh the relevant version of the Slalemenl of Recommended Pfaclice applicable lo tharilies preparing their financial sL71ement5 in ardance wth the Financial Reporting Stsndard applicable In the UK and Republic of Ireland IFRS 1021 in prelerence lo the Accounting and Reporting by Charitses. Statement of Recommended Praetiee issued on 1 Apnl 2005 which is referred to in the extant re9ulalions bul has now been wlhdrawn. l understand that this has been done in order for the finanual statements to provide a true and fair view in accordance with UK Generally AccepledAccounting Practice. I hav8 cornpleled my examination. I confirm that no matters have ccrfne to my attention in connection with the examination giving me eause lo believe that In any material respect. accounting records wefe not kept in respect of the tharty as required by sectron 130 of the CharitsesAcl 2011. the financial Statemenls do not accord %wth those records". or the finanei81 slalemenls do not comply wth the applicable requirements conceming the fomi and conlenl of financial slalemenls sel out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the finanaal slalemenls give a In and lair vitsw, vthich is not a matter considered as part ol an independent ex8minalion. I have no concems and have come across Tr) other matters in connection wth exafflin8b.on lo which attentson should be drawn in this report in order to enable a proper understanding of the finanual statements lo be reached. Mark Hurdm8n BAirn$) FCA Independent examiner Levicks 3 Lloyd Road Broadslairs Kent CT10 1HY Dale".
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrnstrict•d Restrict fvnds fvnd• 2025 2025 Totsl Unr•strict•d lund• 2024 2026 Not•s Incomo from: Donations and lega¢ie$ Charitabl• aclJvilie$ 11,248 32,684 40,528 51,774 32,684 17.600 12.272 Tot•1 Incom• 43.932 40,526 84,458 29.872 Exp•ndltur• on: Raising lund5 ChorbtsFAt altr•S 1,277 40,967 1,277 40,967 17,193 Total •xp•ndliurn 42.244 42.244 17,193 N•t Sn¢om• 1.688 40.526 42.214 12.679 Transfers between funds 38.1( 136.106) N•t mo¥•m•nt In funds 39,794 2.420 42,214 12,679 R•¢on¢lliation ol funds: Fund bgl¥n¢es a11 April 2024 12.679 12,679 Fund balanc•• at 31 M4r¢h 2025 52.473 2.420 54,893 12.679 The slaternenl ol financjal a¢livrties indudes #ll gains and losses recognised in the y¥ar. AM in¢om¥ and expendrture derive from conlinuing acb"vilitrs.
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE BALANCE SHEET AS AT 31 MARCH 2025 2026 2024 Flxed B¥Mts Tan9ible as9815 11 34.417 144 urnni ••••l• Deb16 C•%h •t •nd h•nd 12 5.761 19.074 13435 248 13.435 r•dltorn.' •mwnts l•lllng du• wllhln on• y••r 13 14 3S91 N•1 ¢un•nt a•••ts 20.476 12 $35 Totsl s#•t• l••• curT•nt "•billll•J S4 893 12679 Th• fund• of th• ¢h•rlty Reslritled Incorne funds Uf¥rfif¢wd fundl 14 16 2.420 52,473 12.879 54.893 12.879 vJi¥J•ny L• enmknd to the exempw+ th• I] ¢tsit&Md kn i•¢bOn 477 01 th• C(Knp•nl•• Acl Z(hX. kn th• y•¥ •vl•d 31 2025. The di•c¢or• •ckn¢yle¢Sae ¢hwr comptyty wilh the i•qu•twts ol th• Crynpv••i Acl 2C£ wth r•$p•cl Io •¢COLlIng re¢ofdi 8ThJ Ihe preparatn ol fvi•c41 sl¥teftNS Ih• rn•mb•fS h•¥• 1 rnquir•d fP• lo obl•m •n of rtl lh• y•w m 9$)rt Corda wrylh s•ctw 478 lo th• C(thrI•l rn9im• Illl si•tem•rts ¥rn• appfv*•d by th• M&ii••• . 2026 MfNC r•y Company r•gotraiiw CE030487 {EngId WKI
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting pollcl•s Charlty Inforniatlon Sandwich Community Hub.. The juble Cenlre is a private company limited by guarantee incorporated in England and Wales. The regislered offKe is The Jubdee Centr•. Jubi& Road, San¢tsi¢h, Kènt, CT13 OQP. 1.1 Rèportlng p•rlod FRS 102 3.10 An enlity shall Pfesent a compkle set of financial statements linduding comparaliv inlormalion as set oul in paiagraph 3.141 al least anrtually. then the end ol an erstity's reporting period changes and the annual financial statèmenls ar• piésented for a priod longer or shorter than one year. the entity shall disclos& the following lal thai lad". Ibl Iht reason for using a longer or shorter period., and Icl the la¢t Ihal comparative amounts prtsenttd in the finan(¥al stalements linduding the related notes) ar• not èntirely comparable. 1.2 Accountlng conventton The financial 5tatemen15 have b8en prepared in accAJrdanco wilh th8 charity's 90MIng 00Ment, Ihfr Companies Acl 2006. FRS 102 "The Finanaal Reportin9 Slandard appltcable in the UK and Republic of Ireland. fFRS 102.1 and the Chafrf1 SORP "Accounlin9 and Reporting by Charities." Slalemenl of Recommended Practice applicable to charibes preparing their o¢¢ounts in accordance with the Financial Reporting Standart1 applicable in the UK and Republic ol Ireland IFRS 102)" lelledive 1 January 20191. The ¢harily 1$ a Public 8enefit Enlrty as defined by FRS 102. The ¢hanty has taken alyvanlage ol the pro$)n$ in the SORP for chafits'es not to pr•p8ro a Stat•mgnt of Cash Flow5. The financial statement5 are prepared in slerting. whth is th• functional ¢urr•n¢y of th• ¢harty. Monalary amounts in these financial stat•m8nts are rounded lo th• nearest £. The finanual slalom¥nl$ have been prepared under the historKal rKJ5t convention, Imodsfied to include th revolualion ol fveehold propertie5 and to include inveslmenl properties and certain financial instrumènts al fair valuel. The prinrAp31 a¢¢ounling pdicies adopled are set oul below. 1.3 Golng conc•m Al the lime of approving the ffinancial slalements. Ihe tnjslees have a reasonable expectation that the charity has #dequale resources lo conlinue in operational exislence for the foreseeable fvlure. Thus the Irusl•&$ continue lo adopl the going concefn basis of accounling in preparing Ihe finanaal sialements. 1.4 Ch•rltsbl• lynd• Unrèstrictèd funds are available for use at the disuetion ol the Iwstees in furtherance ol their charilable objÈetive$. ReStrted funds are subject to Spth¢ ¢OndrtnS by donors or yrantor$ as lo how they may be used. The purpos6s and uses of th& rèstn¢t8d fvnds arè s¢t out in Ihe It¢S lo lh¢ finanual stslements. Endowmenl funds are subiecl to speuk condrfions by donors that th& caprtal musl be maintained by the charity. 1.5 Income In¢ome is recognised when the tharty is 98ty entit to it after any performance conditions have been met. the 8mounl$ can be measured Teliably. and rt 15 Probab thal income wdl be received. Cash donations are recognised on re¢eipl. Other donations are re¢>Jgnised once the tharity ha5 been notified ol the donation. unless Oance condrtions require deferral of the arnount. IrQme lax recoverable in rèlaton to donations recèived un¢Jer GfftAKI 01 deeds ol covenant 15 recognised at the lime of the donation.
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounllng poll¢l (Continuedl Legacies a rewnised on receipt or othamse rf thè charty has been notified of an impending distribulh)n, Ihe amount is known. and leIpl is eXped. If the amounl is nol known. Ihe legacy is Irealed as a contingent asset. 1.6 Expenditure Expenditure is fe¢ognised onee there 1$ 8 legal or construclive Ojatt0n to transfer economic benefit to Ihird party. il is probable Ihal a transfer ol e¢onomic benefits wil be rnquirgd in $èttloment, and the amount ol the oblatIon can be me¥sured relkqbty- Expenditure is classified by aclmty. The costs of each adiwty are made up ol the 10181 ol direct costs and shared costs, induding 5UPPOrt costs involved in underlaking each activrty. Direcl c051s 8ttnbutsble lo a single activity are allocated direclly to that activity. Shared costs which contribute lo more than one aclivity and support costs which are not attribulable lo a single actiwty are apportioned befven those ath'vities on a basi5 con$i$lent wilh the u$8 of resources. Central slaff costs are alkxated on the basi5 of time Spent. and deprè¢ialion ch¥rw ¥ffj albc*ed on Ihfr portm ol t1 a$$et'$ use. 1.7 T•nglbl• flx•d •¥$•l• Tangible fixed assets are initialty measured 41 eosl and subsequently mu8uTed at ¢osl or valuation. nel of depreciation and any impairment losses. DepreCjatn is recwnised so as to Wrile off the cost Or valuabon of assets ltrss their residual values ovtrr thelr s8ful lives on the following bases.. Fr8ehold land and buildings Plant and equipment 10 year Straight line 15% fn9 balance The gain loss arising on the disposal of an asset is detemiin8d as ihe drfference b8h¥een Ihe sale proceeds and the rrying value of th& osset. and Is r•cognised in the $181gment of finanwl activilios. 1.8 Imp•lmwnt d fix•d •#8•ts At each reporting end date. the charity reviews the cairying amounls of its tangible assets lo determine wh8ther thgre is any indication Ihal those assets have suffered an lrnpalnnl 105s. 11 any such indication exists, the recoverab amounl of the asset is estimated in order to detefmine the extent of Ihe impaimenl lo$$ lif any}. 1.9 C•8h and ca$h oqulval•nts Cash and cash equivalents indude ¢ash in hand, deposrts hek1 01 ¢aN b8nks, othèr short-tgm liquid investmenls with original malurrties of three mnlhs or less. and bank overdrafts. Bank ovèrdraft$ are shown wilhin borrowings in current liabilibes. 1.10 Flnanclal In•trum•nts The charily has elected to appty Ihe pro¥ision$ of Se¢b"on 11 '80s Finawal Instruments, and S¢¢tKin 12 'Other Financial Instruments Issues. of FRS 102 to all of Ns financial inslwmentS. Financial inslmmenls ale regnISert in the charitys balance sheet when the tharity bernes party to thè contractual prowsions of the instrument. Financial assets and liabilities a offset. wilh the net amounls presented in the financial 5latements. when there is a legal enforceable righl to set off the recognised amounts and there is an intention (0 Settle on a nel basi$ or to realisè the assel and setde the liability simultaneousty.
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountbng policle (Continuedl Basle fift•nelala$s•ts Basic financial assels. whth indude deblors and ¢a$h and bank balances. are initially measured at Iransaction price induding tran5act)n costs 8nJ are Subsequent ¢arried at amorbsed cosl Ltsing Ihe effective interest method unless the arrangement conslrtute5 a financing tranSa¢tn. where the transaction is measured at the pfe$ent valsje of Ihe future receipts discounted al a market rale ol interest. Finanaal as$els classrfied a$ re¢etvable within one year are not amorbsed. Baslc financl•l Ilabllltls Basic financial liabilrties, induding ry•ditors and bank loans are initiany reo)gnised al ITansa¢tion price unle88 Ihe arrangement conslilules a finanthn9 transaction. where the debl inslrument is measured al the present value ol the luture payrnenls tJis¢ounled al a market rale ol inlerest. Financial liabilrties dassified as payable within one year are not amortised. Debt instrum8nt8 arfj subsequenlty carried al amtytsed tr)sl. using the ¢ffth inl$ie$l rate method. Trade uedllors are obligations to pay for goods or TriCeS thal have beèn arAuired in the wdinary v)urs& of operations from suppliefs. Amounts payable are classified as current liabilrties rf paymtrnl is due within one year or les5. If not. they are pre$ent•d as nonthcurrent liabllrts. Tfade ueditors are regnIsed inilialty al Iran6action price and sUbSeqnIty m8a$ured at amortis•d cost usin9 the effecl¢ve Int51 mtrlhod. D•rncognltlon of fln•ncllll•blllll•$ Financ¢al liabilities are dere¢ogniMd wh8n lh& tharity's conlractual OblatIonS expire OT are dis¢haTgèd or cancelled. 1.11 Employ•• b•n•ffts The cost of any unused holiday tnlillemenl 1$ recognised in the wriod in whith the employée's seN¢es are r•ceived. Temination ben8frts are recognised immedialety as an expense when the ¢hanty 1$ damonstrabty commrtlad lo leminate the emptynent of an employee or to pTobryde leTminalion benefits. Crltlcll •¢¢ountlng Mllmat•• and ludg•m•nts In the application ol the charrty's a¢¢ounling poli¢ie$, the Iruslee$ are required to make judgements, eslimates And ass¢Jrnptions about the cafw'ng amount ¢f a$sets and IiabililJ"e$ thal are not readily apparenl from other Sources. The estimates and associated a55umplions are based on hisltyi¢al experience and olher factors that 8re considered to be relevant. Actual results may drtler from these eslimales. The e$limale$ and underfying assumptions are reviewed on an ongoing basis. Rewsions to accounting estimatè$ a e0gnISed in Ihe period in which the eslimate $5 rewsed where the revision affects only Ihal period. o¥ in the period ol the rewsion and luture periods where the revision affects both ¢urrent and fulure penod$.
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• from doTh•tion and kg•¢i Unrnstrict•d RMtrlcl•d funds fvndj 2025 202$ Totsl Unr¢¥trictsd Rstrbct•d funds funds 2024 2024 Tot•1 202S 2024 Donations and 9ifts Grants 2.868 8.380 2,868 1,1 16.5Tr) 1,11KJ 16.5 40.526 11.248 40.526 51.774 17,8CQ 17,600 In¢tsme from ¢harltsbl• •ctlvlll•• Unr••trlct•d lund• 2025 Unrn8trict•d funds 2024 Income Charitable rontal income Other income 32.582 102 12,272 32,684 12,272 EXnd[tUr* on rnl•lng tsnd• Unmtricted untrict• fund• fund# 202S 2024 Fundr•lslng and publl¢lty Advertising Other fundraising costs 1,095 182 1.277
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 EXndItUrn on Charitab •¢tlvlll•s Exp•n• 2026 Exp•n••s 2024 D5rect co$ts Staff $1S Depreciation and impaimènl Repairs and renewals Light and heal Cleaning Insurance Legal and professional Telephon& R¥les Soth¥a Staff training Prinling. postage and stationery Sundry Accountancy Grant expndrtur& Li¢enc•$ & subscriptn5 6.331 3,832 9.140 10.934 5.2 3.639 26 9.151 3,C69 328 597 1.861 127 330 239 510 45 10 63 18$ 147 40.967 17,193 An•ty818 by lund Unreslricied fund$ 40.%7 17.193 N•t mov•m•nt In lund• 2025 2024 The nel movemenl in funds is stoled after ¢hargin{CreditingI'. Fees payable for the independenl examinab.on of Ihe tharitfs finan(ial stalemenls Depreoation of owned lan9itAe fixed ass$ 900 26 3,833 Trust• None of the trustees lor any persons connected with them} received any remuneration or benefils from the ¢harty during the year. Employ•• The average monthty number ofemployees during thè year was." 202S Number 2024 Number 10-
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employe•¥ IContlnu•dl Employrn•nt co•ts 2025 2024 Wages and salaries 6,331 There w&re no employee5 Whts annual r8muneratKJn was more than £60.OQ). 10 Taxatlon The charily is exempl from laxalion on rts actMti85 tjecause al its InMe is apF4i8d for charitable purpo8ts5. 11 T#nglbl• flx•d a•s•ts Frn•hold Lnd d bulldlnp Plarbt nd •4ulpm•rhl Tot•1 Co•t Al 1 April 2024 Addrtion$ 170 170 38.106 38,106 At 31 March 2025 38.106 170 38,276 D•precl#llon •nd Imp•lrni•nt Al 1 April 2024 Dewecialion ¢harg¢d in th8 yoar 26 22 26 3.833 3.811 Al 31 March 2025 3,811 48 3.859 Carylng #mount Al 31 March 2025 34,295 122 34,417 Al 31 M8r¢h 2024 144 144 12 D•btorn 2026 2024 Amounts falling du• withln on• year. Trade debtors 5,761 11
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Credbtorn: •mounts falling du• wlthln on• year 2025 2024 Trade creditors Other uedilors Ac¢ruals and deferred income 3,329 900 130 4,359 900 14 R•strlGt•d fund• The restricted funds ol the charty comprise Ihe vnexpended balanw of donations and grants held on trust subied lo Specif eonditions by donor5 as lo how they may be used. At 1 Aprll 2024 In¢omlng mour¢ Trnnsf•r At 31 March 2026 40,526 138.1061 2,420 IS Unr••trfct•d lunds The unr•$lri¢ted fund$ of Ihe charity comprise the unexpernled b•lan¢es ol donalions and grants whid) art not subie¢t to spe¢ifie ndrtionS by donor5 and grantors as lo how they may be used. These include de5HJnaled fun(Is whi¢h have been set aside oul of unreslncted lunds by the trusl•es lor speufic purposes. At 1 Aprll 2024 Incomlng rnsourc•s Reiour¢•• expended Tr•nsf•Y8 At 31 March 2025 General fvnds 12.679 43.932 142.244) 38,1C6 52,473 Prnvlous P•rlod: At 1 Aprll 2023 Incoming r•sOu•S Resou•1 •xp•nd•d Tranfern At 31 Mareh 2024 General funds 29.872 117,1931 12.679 12-
SANDWICH COMMUNITY HUB: THE JUBILEE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 AnalysSs of net a4•ets b¢twn lunds Unmtrict•d lundl 2025 R•$trlet•d lunds 2025 Total 2025 At 31 March 2025: Tangible a55els Current asselsllliabilitiesl 34.417 20,476 34.417 20.476 54,893 54.893 P•r b41Ane• sh••t Bal•nc• to •lloc•t• 52,473 12.4201 2.420 2.420 $4.893 Unr••trlctod funds 2024 RMtrl¢t•d funds 2024 Tot•1 2024 At 31 March 2024: Tangible a$sel$ Current aS$etsllliabililSI 144 12,535 144 12,535 12.679 12,679 17 R•l•t•d party tran*actlon• There were no disdosatrle related party transadNJns during the ye¥r. 13-