REGISTERED COMPATr41' NLMBLR.. 14761776 IEnglHnil sin(1 Walc51 RF.CISTERED CII,IIIII'I' ;NLIMBLR: 1206780 IIEPORI- OF-TII Tr-"I-RUsTfr.. ANI) INANClIlL s-fAI'EMENI'S TrOR-I'HE Yb.AR LNDF.D 31 TrlIlRCII 2024 FOR T14E IVLLLCENTRE Ramsny Bro)Yn LLP The Brciit*no Suitt Solxr IIou5t 915 High Ro# North F-in¢hl¢y N128QJ
Tllb. IVF.LI, CENTRL IREGIS-I'LRED NUMBER: 147617761 C.OYI l-F.NI'S OFTHF FIli,IY(.IALSTATE1ENTs FOR TFlb. YEAR EN'DED JI NqARC.'1121)25 R¢port of th¢ Tr115te¢S Repon of the Indepcndenl Auditors Siai¢m¢ni orl'-ina¢Ial A¥livities Stai¢rncnl ot rinancial P05ilion
TFIE IVELLCENTRE (REGISTERED NIIMBER.. 147617761 RFPORT OF TIIE TRLISTEES FORI'HF YEAR ENt)ED 31 f*lARC1I 2025 Th¢ trustees wlio are also directors of thc charity for tlic PLirposes of the Compaiiic5 A¢1 2006, prescni Ilicir report witli ihL financial stat¢nieiilS of Ilie chariiy for the year elided 31 Marcli ?075. 'fiie Iru5leC5 havc advpied Ili¢ provisiui)s of Accouiitiiig aiid Reporiing OBJEC-I'IVESAND ACI'IVII-IES Objtttives The aims ornje Well Ceiiir¢ are 10 advance liealtl) aiid related well-b¥siig. pariiciilarly Iwiilioul prejiidice lo lh¢ gciierLiliiyl for Ilie coniiniiiiily yoiiili activitics aiid support troin health and well-being praclilioncr5. Diiring the year 2024125 ih¢5e aims have be¢n ptirsu¢d by focusin¥ on providin the OPPOflunity to improve cliildren dnd voung liave beei) inlroduced. Kvlii¢h iliLlud¢ Ihe C.hildrLii's Meiiial Fle21111 Week, Di'op-lii clii)ic. Crcalivc 'l'heFaPy Worksliop. Paliciil the coinniuniry. Iccliniqiics. coiisiiltatio?i and Irfci'ra15 al'e inti-odu¢¢d its ihc pcoplcs. Vision Sigicment Our vision 1$ 10 lead a iransformative approaLI? lo adolescenl healih by 5Lalii)g tlie iii)paei ol'our Mlcll Ceiilie tnod¢l, ernpoweriiig persoii. regardless of backgroiiiid. lias acLCSS 10 Ilic holistic siipporl Ilicv nccd io Icad hcaltliy. safe, l)appy and fulfilled lives. M'liilc influcJiciiJ8 iiational Iie£ilih poli¢}. aiid driving sysi¢nii¢ change Ji) youih licallh aiid w¢llbeiDb. 4INAN'CIAL RTr.VIF.W in#J)¢iAI p051tion 111 20?5. our total intonie wa% £ 111.924 in chartriable incomc. Ivliich shokild be iiorcd as in¢ludinbJ £66.()64 Irorn Ihi Naiional Loiiery Comiiiunity fuiid. £15.000 froiii Ilic M41iidsley C liai'ily. £S.UOO troin l.oiid017 &. l>atiiiL'r% aiid l?4 fi00 fi'oni Sviiih l•C?sl l.oiidan Iiiicuralcd Cart Hoard. Ivoi'k fiindcd bi. Ih¢ I'iolLllCL, Reiluciioii Uiiii in Ilic prL vi()115 VL: Reservcs policy At 31 Marcli 2025, the unreslTicied flind sliows a siirplkls of £21.712. rcflccling Corc costs iiot fullv fiiiidcd by rcsiriclcd project incomc. The trustees plan to address this through fLlture unrestricted fundraisin&J and recovery ol. allowublc overh¢ads fi'oin ii¢w l-hc charity carcfiilly n)anaoes it5 funds to uuaraniee a ¢vntinuoiis availability ofruniiiiia expcnses. TIIL'se L'xpLiises, 101oliii&i 197.5)8 for Ili¢ fiDati¢ial year, ¢ncoiiipasses salaries. profcssional Iliid cDn5111idn¢y l¢es. and gcncral ppcralional Cosis. To maintain financial stability, thc Trusiees and CLO ivork loba¢'ilier lo cn511rc thai a rnininiiiii) ofthrc¢ nionihs W01111 ufexp¢DS¢5 Is consistently held in Ilie bank accouiit. SE¢UTIDg th¢ chartly's ongtting i)pcrarioii%. FUTURE DF.VELOP1METs Tlie UK charity rtinaiiis cominitted to raisiii8 fuiid5 and raisiiig awareness lor I'he Ivcll ('cnlic IIosiiD&) a full calendar of ¢veii1S. Additionally. the Charity will coniinue ils collaboration i¥1ih schools l yOLiih moveinenis Eind local ¢viiiiniiiiiliLS 10 cxpand 4war¢iic55 of irs iiiission to a broadcr audiciice. l--or 2024i20?5, Ihc cliurily lias alr¢ady sclicdulcd a divcr5c lang¢ of ¢VLlilS io calei to lis donors, preferences. PLANS FOR bu'fuRE PbRIODS Plans for 2025126 iii¢lud¢ the developnieiit of a plan lo expai)d and pl1170te additional areas of aLlivity foi I'hl Well Cenirc, liirther d¢velopmeni of oui. govcman¥¢ proce55¢5 aiid 5¢¢kinB tv Lxpand tlic niimber ol I rL151ec5 Iviih 8 morc divcrsc lange ol. skills and eAp¢i'i¢nc¢.
Alonbvside our regular ani)ual gven15, W¢ It51¢nd lo launch VaTiOU5 fundi-ai5ing prob)iains ihis year, appealing lo a widti Tangt of
donors for the chariiy. The CEO will persist in targcliiig tTUSts, foundations, and hI&h ttel worth individiia15 to ¢nlian¢e donaiion
incon)e.
'I'¥IE IYELLCbNTRE IREGisfERED NUMBER.. t47617761
RF.POR'I' OF I'FIL I-IiUSTTr;LS
FOR TIIE YEAR FThDED 31 IMAIICII 2025
STRUCTIIRE, C.OI'F.RiYANCF.,IND MANAC.bMF.N"r
CovL'rrbiJi¥ clvrumtiji
'I'lic Lh
TIIL WELL CF.NTIIL IRTr.CISTEIITr.D NIIMBFR: 147617761 REPORT OF I'HE TRUS'I'EF.S FOR'IIIE YEAR ENDED 31 MAIICII 2025 IIEFFIIENCE AIYDADMINISTRATIVE DETAII.S Registered Coinpany number 14761776 (Engjlaiid aii(I WalLsI Registered Cliiirity niimber 1206780 Rt'gistered officL Londoii United Kiiigdom SE24 9QP I'rustee5 Dr Sadrlidin Klicraj (Chair of Trustc¢sl Dr Sinion Cliapinun i-frusl¢el Jolin Poyion OBE (Cliief E.KLcultve aiid Ii'u51ccI Accouiiiants l<an15av Browji W¢bsite.- hiip5'11www.Ivcllcciiirechariiy.org cortrlMF.NCEF+'lENT OFACTIVITIES Th¢ charily ivas Incorporaicd oil ?7 Marcli ?023. atjd ii was oraiiicd ch24 riiablc 5taliis L)i) JO january 2074 iindcr rcgisif£iliott rtiiinbei 14761776. The cliarity is governed b) iis Memorandiini dnd ArticlLS ol'Associalioii aiid 15 a l)rivalc I'ornpanv l.ImilLd by Guaranlcc SI'A'I'LMEN-l- Ob TRiisfbF.S' Rfr.SPONSIBII.11-Ib.S Tlic tiii8tccs {Ivho 41re also Ilie dirccioTS of -Ilic Illell Ceiilre Ilie puryoses of coinpdlly lawl dfL Fespoii%iblL. foi. prepaFlll¥ Ilie RLport of Ilie l i'usle¢5 and the fsiiancidl slalcnicnis in accoTdaiic¢ )viih appljL¢ible law hnd UIiiiLd Kiii&idoiii ALLoiiiiiing %laiiddrd5 (Unii¢d KiiigdoDI GeJiei'2lly Ac¢epied ALcoiintiiiu Pr¢iciicei in¢luding l-.inanci&l Rcporiinij Siaiidard 102 I'he l--inancidl Riporling Siai)dard applicable In the and Republic of Ii¢ldlld" Conipaiiy law requires Ili¢ Irusi¢cs to pr¢pare finan¢ial stalen)¢nis for e2cli financtal ycar which give a Irve aiid lair viciv of Ilie siaie of alTair5 of Ilie ¢1iaritJbl¢ ivJnpaiTry and of Ihc iiicoi)iiJi&J resouT¢es and appltcaiiuii of rcsource%. iiiiludiiig Ilie incunic aiid observe tlic iiicihods aiid prTncipIcs 111 Ihc Charity SORP.. niake judgcmciits aiid e51iinalcs ihal arc rcasonablc aiid prudent. continiie in business. Tlie trustee5 aTe responsibl¢ for keeping proper ¢i¢¢ounting rccords whicli disclose with rcasonabl¢ accuracv at any tim¢ the financial POSltioii of tlic charitabl¢ ¢oDipany and 10 eiiablc Iheni 10 cnsurc thai Ihe fliianctal siaicmcnls comply with Ihe ConipaRies ilcl .006. Tliey arc also r¢5PVlisiblc fuT 5af¢g%uaiding Ihe a5s¢15 vf the chariiabl¢ conipany aiid lience for lakiii¥ reasunablL sreps for Ilie
TFIE IVF.LL CENI'RF. IREGIS'I'ERED NIIMBF,R.. 147617761 REPOR'I. OF I'IIE TRIISI'>'F OR I'IIF.. I'EIIK LND&D J l 711(..112112$ STATEMTr"N-r OF TRIISI-Tr:FS' RFSPONSIBII.ITIF.S- continue In so faT a5 Ilie ITusiees are aivai¢- Il)L'rc Is iio relevant aLidil iiilornialion of Mh2ch Ihc cliarit¢1blc ¢otnpany's aiiditors are unaw2& Ic., and 111¢ ti'ustees liave lakcn all stcps Iliai tlicy oiiglil lo havc tiikcn io niake Ihcin5clvc% Awarc ol. anv rclev41nl iiudii infvrtnaiion and to C5tablish that the aLidilor5 are aware of tlial iiifornialioii. compdny's websilc. L¢B7islal1o in tl)¢ Utjiled Kinbidoin governing thL' preparalion and di58cmiii7 lion i)r rinJncJal stattm¢DIs tnay Approved by Order Of ihe board of trust¥es on l 0.1 ? ?025 aild sixiied on ils beliaifby.. Dr Sadrudin Klieraj Cliair of I'rtislces
IND.1>1:, NDENI. FXAMINER'S REPOR-I. 'i-o'i'iiTr' -I'i{Ils-I'l.'.S Ob -l-IIE NI'LI.I. C-FIY-J'R OK'fiib: y111< LNI)LD 31 MAIIC.-11202i I report ro tlie chaTlly trusiees on my cxamiiiaiion of the a¢coiinis of the company for ihe year ended 31 Marcli 2025. Respectiv¢ Il¢$poiisibilit?es of'l rustee5 A>Jd F.xaminer As the charity irusi¢es of Ihe company land also ils diiEctor5 for ihe piirws¢s of comp17Y laivl K'ou (ll-e r¢spc)n5iblc for iliL' preparation of ih¢ accounts in accordance willi Ihe reqiiircrnenl% of ih¢ CompaniLS ALI ?0061'ilic ?006 Acl'l Charity Commission undeT seciion 14515Xbl of th¢ 201 l Aci. BASIS of Indepcndent Examiner's Report My examination ivas carried oiii in accordance with tlie Gcneral DiTcclions given by rhe Chai'itv Coniinissioiiers. An cxdi7)inaiio includes 2 review ofihc aCCOLinlingJ records kept by lh¢ Lhariry and a comparison ol'tli¢ il¢¢Oilttts pi'cscnlL'd with Ih05e recoi'ds It oJic¢rning lY sucli iiiaiiers.-l-lie procediires uiidcnakeii do iiol provide all ofihL' cvidencc rhal iytsuld bc rcquircd iii ali audit. and Indepcnd¢nt b.xMmiiier'5 St#teinent liuve coinplet¢d my exaininalion. I contirm tliat no mattcrs hktve coii)e ro my aiienlion in conncciitsn wilh Ilie exliiiiinalion LJti'inÉ? m¢ cause to bclÈcvc that in any tnatcrial r¢spccl'. c¢ouniiJi¥ rccord5 wc're not kepl in 1-¢5p¢¢i ofthL' company as r¢quired by 5L¢litsn 386 ul'ike ?00(? Acl.. or Ihe accounis do nol dLcurd ivith those r¢cord5' or Reporlinui Siattdard applicablc iii Ilie LIK <iiid Ilipublii of Iieland 11.'R% l O?Il. I hdve no conc¢rn5 and havc cDm¢ L?cioss no oiher miiircr5 In conncclion wilh th¢ e.Xdminalion lo which aiienlian shoLild be di?wn in tl)is rcporr iii ord¢r to ¢i)abl¢ 11 proper und¢rsianding ofihe accoiint5 to be Tea¢l)ed. Peterlaylor FC.A laylor Assvciaies Isl floor. GallLry CoLIrt 28 ArL?dia Avcnue 'incliley. Loiidts Dale..
S'I'A-I'Tr-riiTr-y'i' OF FINANC'.I,IlJ il('-I IVI-I'I F'S FOII'I'Flb. YF.All LNDED 31 MARCH Z025 Unrestrtcled fund5 Rii%lricted funds otdl funds Notes INCOMF. AND LNDOWMLN"I'S b"IIOM Gianis and Conli'ibiilions Grdiil IncoJnc N'alionAI l.otlL'ry Cotnn)unity Fund Lducational Proyiam Incotne Oilier Incom¢ 66.904 ()6,964 4,840 120 Tot&l EXYF.NDI'fuRE ON 44.900 66.964 Raising funds Projcct Mdnagcment- VRU Project Charit%ble actii itle5 Operational co.RlS Staff cosis 448 8.750 448 8.75U 68.911 Governance TotAI
0,715
NE-r iNCOMEIIEXPF.NDII-UIIE) RECONCILIAI'ION OF i*UNDS ?8,1 j7 14,)86 16,0041 -18.000 31.996 Toial fuiids brouglit foTVlÉtrd I'OI"AL FUNDS CARRlb.D FOIIIVARD 46.38? The iiote5 foriii parl of Iliese fiiiaiicial sliil¢ll)enls
'riiE WbLLC.b NTRE STATEMENI-OF FIN,kNCIAL POSII'IOY 31 MARCII 2U25 'oi•l fund5 Notcs CIIRIILN'I- ASSF.I-S Cush ai bank 24,67U ?4.840 4L).S10 D¢biors 24.840 Total ?4.670 CIIF.DITORS AmoLint5 fallinu7 di1¢ wiihiii one yiar NF.I' CURRF.Y'I' ASSF.TS I'O'I'AL ASSL-rs LESS CLRREN-r LIABII,ITIF.S NET ASSETS 74.670 46.j8? ?4,670 46,.38? Fb'NDS Resli'iclcd funds Unresiriclcd fuNd5 'roi-AL TrUNDS 12 ?4,249 46.38? -riiesc linaii¢ial siateineiils liav¥ been pirparcd in accordanle willi Il)L' proki510n5 dpplicablL 10 ili¢irii¥blc conipdnils subjccl lo ilie small coniponi¢s' regiine. Tlie financial 5tat¢ni¢t)15 ivir¢ aPPTov¢d by the Board of'l-riistCC5 And aliihoristd for iSSLlC on ?5.11 ?V15 and i¥erL sign¥d on its bchalt. by.. Dr Sadrudin Kheraj - Chair of Ti'usiee5 Th¢ notes form part of thc5¢ fiiian¢ial sial¢menis
TIILWELLCEYTKE NO-I-I.-S'I-O TIITr. PIN,IYC I,IL s'rA'rbIFN.l-s OR I-IIE I'E..IR FNI)ED 31 MARCII 2025 SI'ATUI'ORY INFORMATION Thc pre5ciiiation ¢iirr¢i)cy ofthc finc111¢ial stalemenis TS rhc Pouiid Sterliiig 1£) &. Is rouiidcd lo lh¢ neai'esi pouii(l. Accou fiNG POI.ICIFS Basis of prepAriiJg the fin41llcial statement5 Tli¢ fjnancial srateinents of the charitablc conipany, whicli is a publi¢ bcnefil cnlily undcr FRS 10? hav¢ been prcpared In a¢¢ordai)cc willi Ilie Chariiics SORP IFRS 10?) 'Accouiitinbp and R¢portiii¥ by Cliarilils. Siat¢nienl of Rervtnmended l<¢poitiiib Si£iiid&lFd applicdblc In IhL UK and RLpLiblic of Ii'Lland' ai)d Ihc C'oinpJniL% .,lil ?Q06. -1-he linanciii I sialcincnls have been PT¢paicd uiidcr the hisioi-lcal ¢L)$1 ¢onvcniion CritlCAI accountiiig judgcmen15 41nd l(cy 50urr¢s or ts(inTrlltioti uiieertainly Pr¢paraiion ofilie finaiicidl slatemtii15 requires Ihr trustees aiid ii)aiiabieiiicnl 10 iiiakc sigwnificaiit judgcnicnis aiid csiiinaics. 'rhe areas in the fiiiancihl slaieineiiis where Ihese judgen)esFl5 and estimalcs have bccn iiiadc inclu(le'. the allocalion ol'stspport costs to Cliaritable adiviiic5 dclcrniinilig ihe valvaiioi) of debiors and if any itidicatioii exis15 al Ihc a5s¢ssiiieni datL wlicre a (Icbtor may bc uiiable 10 Incoming resources Income wniprises dondiions. legacies. and bank interc51. Donat10115. iD¢luding gift aid ar¢ r¢cogiiised wheii Ilie cliarity ha5 coiifirrnolioii t)f boih the ai?i011111 4iiid ilic 5¢111emeni dalc. pri)babl). IniertSt on fJnd5 held on dtposil is Incliidcd when reccivablc a&id Ilic aTn(iiiiJl ¢dn bL' niedsiirLd I'cliably by the chai'ily.. thi5 TaxaliD I'he cliaiiiy Is ¢XCMPt froiij Corporation tax on its Lharilabl¢ acriviiies. lind accounting Restricicd funds havc bcen providcd 10 (h¢ Lhariiy loi partlCLilar Plirposcs. il Js Ihe poliLy of ihL boai'd L)firiisiee5 10 carefully moiiitor IhL applicalion of th05L fund5 iii a¢¢ordanec wiih ihe resii'ictions placcd upon ilieiii. Tlicrc is no formal policy of tran5feL' bclwe¢ii funds or on ihc allocation of fiiiids 10 d¢si41)aicd funds. Other thi2n tlidi described abovc. Any oil)er proposed transfer belw¢¢n funds would be considcicd oli the pai'licvlar circiirn%iaiiccs.
THE WELL CEN"fRE NO'I'bS'ro'riiE Tr"INANCIAI. S'I'A'I'F.MTr.N-r%- ¢ontiiitted oii-riiF' YTr-AII ENDF.D 31 M.411(-112(1?.s ACCOUNTING POLICIES- coiltinued Re50urcc5 txpende lh¢ rai¢gTOry. Wliere LOSIS Lal)iioI be dirccily attribiiied io particular headinx5. Ilicy l)ave beLn allocai¢d lo llciiviiies oji a C05t of ginerlij}E funds and oihLr salcs. ch8rttble nctivitiL with any suppoil r0515 allocalcd iii aceordaiicc with Ihe suppori LOSI accouiiiiiis policy as dcs¢rih¢d below. Goveriiaue¢ eosis Gov¢nian¢e cosis coinpris¢ all Cosis Incurred iii ruiining (he chal'l iis¢lf as an organisaiiun aiid ils compliancc wilh rekjiilativn and Bood pracli¢t. SiipiTrort cDst5 rel¢vani acliviiies. pri) raia 10 ilie value ol. Ihe Incoinc derivcd ITOIM cdLh chariiable aLIII'IIy DebtOl'5 Debtors aTe rteogni¥d on Ih¢ir s¢iil¢m¢nt amouLI1. Icss any provision for iion-rccovcrdbilii),. Casl? at blink in hind Ihl'ec monih5 froin IhL' ddl¢ of ilLqU$5ilion. Creditor5 i)i'oi'isior15 dcbi. striLItILre Unre5tiicted )eneral funds repres¢iii Ihose monies whicli drc Ireely dvaildbl¢ for 2pplicaiion toward5 achiL117] any chJTildble purpose ihat falls witlTriD lh¢ chariiy's chariiable L)bjcclive aiid is ai thc di5¢r¢lion of IhL' IrusiL'e5. ResiiTcled fu11ds Coinprise LTrf InoniLS fdlSLd for. or Ihcir usc is rc51ricl¢d lo a speLifir purpos¢. or coiiti'ibulions ale subicci to doiior-Iinpos¢d ¢ondilion5 Fi114?ncial Instrumtnts l.'inJnci(Il (tSSCIS - Ir)d¢ di'biors anil oihir deblors ?L fL bclslc finiinLial inslruimciils ond &ir¢ dibl inslrumLniS Incasiired ai Cash al bank- clarifjed as basic fiiiaiicial insirunieiits aiid measured al face valiiL.
iDantial liabiliiies- accruals and other cr¢ditors are financial iiisirurnenls ar¢ n)¢asured ai aimoriised cosi.
TTrlk WLLLCENTIIE
NOTTr-s-r() I'HE FINANCIAI. S'I',11-EIM>.N'f.s- contiuued
FOR THE I'EAR EliDLD 31 MARCH Z02S
Going Conf ern
The trustees liave assesscd whcilier the iisc ol. thc ¥oiiig coiicerii assiirnplioii is appiDPI'ialc ID pripaFing tlicsc fiiiiiiicial
staienienis. Tlie tlllStcLs have Inade Iliis 9$5cssme111 iii r¢spcci to a pcriod of oiic ycar fi'onTr IIiL datc <)f approv
TFlb. IVELLCENTRE NOTES TO I'IIE P INANCIAI. STATEMENI-S_ tontiiiuLYl OR I-IIE YEAR ENDLD 31 f¥iARCII 202) 6. CIIARITABI.E ACTIVI'I'ILS COSTS Siippor( cost5 IsL'e nole 71 Opcrational costs Siatl- costs Goveniaiicc TotAI 88,.i40 7. SUPPOR"r COSTS Managertieni Finmnct Opcr&lional ¢ost5 Stiff LOSt5 Govei-iiance 68.911 Total 80.57C) Governavce Operatioiial costs iatycosis Govei'nanc .4udii and accouJitai)cy fees l.¢gal and profcssioiial lotal 3.060 4.74.? 4.74) 7.80) I F.T INCOMEI{E.XPEDIT1IRE} Nel IiiLoin¢llexp¢ndiliiiel is 51alcd afieT chargin{CreditIngl'. I l-hlxr-?5 Indcp¢nd¢ni ¢xaniiners le¥ 1.8UO Total 1.800 TRUSTEES. REML'NERATION AND BF.NEFITS Jolin l)oytoD OBE i-Lieived r¢iUnerAl1O1l solcl), for his rolc as Chicf l.xc¢utiv¢. as pcrfftiltcd linder the claiise in the ArtTcles of A550ciation. oilicr Iru51ce5 reLLivcd reinuncraiion or c.¥pcn5CS.
-I'IIL IVLI.I. CLNI-Rk NOTES l-o-fHE INANCIAL STIlTEMEN-rs- coiitiiiued FOII TIIL YF.AR ENDEI) 31 M.IRCII 202.% 10. SI',IFI,' COSI'S -1 l-Nqar-2f Wages and salarics Total The average monilily iiumber of employees during Ilie s'ear i¥a5 a5 follows.. .) l-Mar-25 Lnga8cd Inanagcnicnl and fiind raising The kcy nianae1enl pcrsnnncl ol'ihe chfirity COlllPTiSC ol'ihc iriislec5 Ihc Chicl-r.Ne¢HilVC Qffi¢er Thc ioial cmploye¢ bcn¢fit5. incliidiiig social 5¢¢11FIIy ¢0S1s. ¢ind eiTrploy¢r p¢nsinn ¢oniribiiii()ns Dr ihL kLV tnaniigLiii¢ni personncl ol Ihr chaTlty were £55.68? 12024.. £18,60il. 11. CRF.DITORS- AMOUNTS bALI.IfyIG DUL WII-IIIN ONb I'EIlR -) l-Mar-?5 Accrucd ¢¥peDsc5 Tot*1 j.1?8 12. jmovF..1tr.N'1. IN 1)% Moveii)ciii .41 01.04.?0?4 Unresiricted t'unds R¢stricl¢d fiinds TOTAL FUNDS 16.OU41 28.137 31.996 46.:, Ncl rnovemenl in funds, included in Ih¢ abovc arc a5 lollow5'. IlesourLC8 LxpeiidL,d lovenieiil ID fund8 rcsouTCC5 Unreslricied lund5 44.960 Ilestricted fLTnds (ii-aiit5 tg I'RU I>Eoj¢cI -ro-r.4L FUNDS 66.964 80,71)) 197 ¥)81 14
NOI'ESTO TIIE FINANClIlLST,ITEMF.NTS- eoniinuc FOR I-HE YEAR ENDED JI MARC.14 2Q2.¥ 13. ULTIMATE CONI"ROLLINC PAR'IY As a company is lirnil¢d b). guaraiiiec, the eompany is iiot uijdcr tlic control ofany one iiidividual. All dcLisions are iaken by Ihe Boaid ofDireciors wlio are lh¢ trusiees ofihe coinpai)y. 14. RbLkl'l'F.D PAR'fY'i-RANSAC.'I-IONS The Well Ccnire Qharity has a collaboration u¥rcctnLiII with 14cmc 14111 CJroup PrdCliCC 1111 IGPI. wh¢rL Dr S(Idrudin Kheroj, Chair ofTrusieey, Is partner. Durjng tl)e yeai., ceriaiji slalf iiicluding Ihc C.liief LNeculive were einploy¢d by l-11-IGI) ai)d sccoiidLd lo Ilic cliariiv. Sal&ry 0Sts ivcrc initiall>' paid by HI-IGIJ and rtch2rgcd io the cliarily. Total salary recliarges froni HHGP during Ilie year weT¢ £87,5 li. paid oil iioi'nial coiiiinLrrial iernis.