ARBOUR THE HARBOUR CENTRE {PLYMOWHI (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH2025 Registered number- 01984863 Charity number: 293721 CONDYMATHIAS Bu51ness Advisors
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEE) CONTENTS Page Company information Trustees. report Independent auditors, report on the financial statements 8-11 Statement of financial activities 12 Balance sheet 13 Statement of cash flows 14 Notes to the financial statements 15-28
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Reference and administrative delails of the charity, ils trustees and advisers Trustees MrA L White Dr B N jameson Mrs l H Yeales Mrj D Burt Mr C l F Andrew5 (resigned 12 February 20251 Mrs A l L Clements (resigned 16 October 20241 Company registered number 01984863 Charity registered number 293721 Registered office Hyde Park House Mutley Plain Plymouth Devon PL4 6LF Company secretary Mrs l Howes Chief execulive officer Mrs l Howes Accountants Condy Mathlas Business Advisors a trading name ot R T Marke & Co Limited. Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL46HH Auditors Sumer Auditco Limited TIA Sumer Audil 6 Houndiscombe Road Plymoulh Devon PL46HH Page I
THE HARBOUR CENTRE IPLYMOUTHI IACOMPANY LIMITED BYGUARANTEEI TRUSTEES. REPORT ICONTINUEDI FOR THEYEAR ENDED31 MARCH 2025 INTRODUCTION The Harbour Centre (Plymouthl is a company limited by guarantee and a registered charity governed by its memorandum and articles of association. The Board ot Directors of the charity are its Trustees tor the purposes of charity law and throughout this report are collectively referred to as Trustees. The Trustees present their annual report together with the audited financial statements of the organisation for the year ended 31 March 2025. The Trustees confirm ihai the annual report and Ilnanclal statements of the company comply wlth the curreni statutory requlrements, the requirements of Ihe company's Eoverning document and the provisions ol the Charities Statement ol Recommended Practice ISORPI FRS102. The organisation qualifies as a small company under section 383 of The Companies Act 2006 and therefore a Strategic Report and Director's Repori are not required. OBJECTS The Harbour Centre IPlymouthl implements operational policies and procedures that are in line with UK national treatment guidelines and standards for drug and alcohol treatment services. The organisation has been ISO 9001 Certified since 2015 and has a robust clinical governance and quality assurance framework. The prbnclpal oblecis of Ihe company as set out In its governing documents are.. al to promote the prevention ol the abuse of alcohol and other substances and to assist individuals and their families suffering therefrom through the provision ol services that address their multiple needs associated with recovery from addiction or dependence on substances. bl to help the prevention ol the abuse of alcohol and other substances through the provision ol education and training of professionals and volunteer5 in the field., and cl lo advance the education of the public about the incidence and effect on society of the use, abuse and dependence upon alcohol and other subsiances. These objects are encapsulated within Harbour's Mission Statement.. Harbour supports people suffering from the harm caused by the misuse of drugs and alcohol by providing education, prevention and integrated treatment and recovery services. Page 2
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT ICONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 ACTIVITIES TO ACHIEVE OBJECTS We plan and review our strategic aims and activities through our annual business planning cycle. Our primary activities include.. providing substance misuse treatment to adults and young people via individual and group sUPPOrt sessions, which includes advice and information, psychosocial interventions, homelcommunity detoxification, and support to engage with education. training. employment. and accommodation. providing support to family members affected by drug and alcohol use., working in partnership a5 part of The Plymouth Alliance in multi-agency hubs with staff from primary health, Social servlces, mental health, pollce, probation, housing, and tsther charitles to ensure that people can access the best available treatment and alter care services. providing outreach and locality based multi-agency activityfocusing on substance misuse and its prevention,. and delivering information and training sessions to professionals and volunteers in other organisations and residents in the community. PERFORMANCE All data on structured treatment for adults and young people is uploaded to the National Drug Trealment Monitoring System. A 5napshol of Harbour's key outputs and outcomes in the year ended 31 March 2025 are detailed below. 1504 clients referred into community services 544 clients dropped out al referral stage 942 had a comprehensive assessmentform completed 105 clients exited treatment between comprehensive assessment stage and recovery plan stage 809 went to tier 3 204 Opiate 168 Non-opiale 166 Alcohol & Non-opiate 271 Alcohol only In total 2139 clients were open to tier 3 treatment in the year ended 31 March 2025 1166 Opiate 252 Non-opiate 288 Alcohol & Non-opiate 433 Alcohol only Page 3
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 FUNDINGAND INVESTMENT Harbour's primary activities are commissioned by Public Health and Plymouth City Council as part of The Plymouth Alliance. The organisation owns two properties. Ermington Terrace. and Hyde Park House, both of which generate unrestricted income via rental. FINANCIAL REVIEW The Trustees have a reasonable expectation that the company has adequate resources to continue In operation for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. The organisation has achieved a surplus of income over expenditure of 210,73112024.. £3.506 deficit). This surplus is mainly attributable lo the increase in lair value of the investment proportion of Hyde Park House less the increase in repair costs due to necessary work carried out on the roof. Within designated reserves. are reserves linked to the fixed assets of the company. A large part ol the charity's overall reserves consists ol fixed assets (such as Hyde Park House and Ermington Terrace) rather than actual banklcash balances that can be spent immediately. The fixed asset fund represents the value of such a5sels and has been calculated with reference to the book value less any loan5 relating to the properties. Othei designated reserves and the charitable funds represent amounts that could be liquidated quickly to settle liabilities that arise because ol one-off events e.g. termination of a contract. These reserves are maintained at an amount deemed suilable lo address the risks of the charitywithin the next 12 months. The trustees aim is to hold charitable funds ol between £375,000-£450,000. At the start of the year the charity had charitable funds of £448,455 and at the year end the charity had £395,853 of charitable funds. An analysis of reserves can be seen at note 17 of the financial statements. Page4
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 GOVERNANCE AND MANAGEMENT f Dir The oversight of the organisation's assets and strategic direction is the responsibility of its Trustees, whose membership o the Board is approved by vote lollowinE a robust recruitment, referencing and criminal records checking process. The Truslees elect a Chair lo lead on governance and convene meetings. The Trustees have complied with their duty outlined in section 4 of the Charities Act 2006 to have due regard to public benefit guidance issued byThe Charity Commission. All Trustees engage in an induction programme that involves Trustee training on the organisation's work. The Chair of the Board and the Chief Executive Officer ICEOI coordinate this. Continued training and development are regularly reviewed and offered lo the Trustees as needs are identified. Risk Management A risk management framework guides the decision making of the Trustees and SLT. Over the last live years the organisation has slrenglhened ils policies and structures lo manage the increasing levels of professional risk. This has been achieved primarily through the continual review and improvement of recruitment and training standards of employees at all levels. FUTURE DEVELOPMENTS The Trustees signed off the Strategic Business Plan in 2024 reflecting their current position and future plans. Staff, partners, and the people who use our services have been consulted with regarding future organisational and Alliance aims. The key strategic aims Included in this plan are detalled below. Page 5
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANYLIMITED BY GUARANTEEI TRUSTEES, REPORTICONTINUEDI FOR THEYEAR ENDED31 MARCH2025 We work as a partner in the Plymouth Alliance to support people to recognise and addres5 the impact of alcohol and drug use so that they can improve their lives and the lives of their loved ones and make a positive contribution in their community. We do this by using approaches that are proven to enable positive and sustainable changes. We are carefLJI wilh the funding we receive. ensuringthat it is Ljsed only for the purposes that il is intended. We finance our work through the Plymouth Alliance, through public sector contracts, fundraising and by generating our own income. This diversity of funding ensures that our work is sustainable and innovative. We plan our growth carefully. ensuringthat we do not extend beyond what we can deliver or what is needed. We are a voice of innovation and good practice. We have a recognisable brand that clearly defines the ethos of Ihe organisation, the support that we offer, thus ensuring Ihat people and communities have an informed choice. We communicate openly, providing constructive feedback and sharinggood practice. We recruit talented professionals and volunteers who are committed lo making a positive contribution in the communities we serve. We ensure that our seNices are consistently of the highest quality HWW Inv Iv We build. deliver, and review our services alongside the people and communities we setve. We put community engagement at the core ol our support, with the aim to reduce isolation and increase opportunities Page 6
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees Iwho are also the directors of the Charity for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Praclicel. Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Truslees musl nol approve the financial statements unless they are satisfied that they give a true and fairview of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparingthese financial statements, the Trustees are required to.. select SLJilable accountlng policles and then apply them con51Stently', observe the methods and principles ol the Charities SORP IFRS 1021. makejudgments and accounting estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are SLJff icient to show and explain the CharItS transactions and disclose with reasonable accuracy at any time the financial position ol the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of the Charity and hence fortaking reasonable steps forthe prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each ol the persons who are Trustees at the time when this Trustees, report is approved has confirmed that.. so far a5 that Trustees are aware, there is no relevant audit information of which the charity's auditors are unaware, and that Trustees have taken all the steps that ought lo have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information. Auditors The auditors, Sumer Auditco Ltd have indicated theirwillingness to continue their appointment as auditors of the charity- Approved by order of the members of the board ol Trustees and signed on their behalf by: Mr A Lwhite Date= 11 Nov 2025 Trustee Page7
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI INDEPENDENT AUDITORS. REPORTTOTHE MEMBERS OFTHE HARBOURCENTRE IPLYMOUTHI OPINION We have audited the financial statements of The Harbour Centre IPlymoulhl for the year ended 31 March 2025 which comprises the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows, and Notes to the financial statements, including significant accounting polioie5. The financial reporting framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its income and expenditure for the year then ended,. have been properly prepared in accordance with United Kingdom GenerallyAccepled Accounting Practice,. and have been prepared in accordance with the requirements ol the Companies Act 2006 and Charities SORP 2019 BASIS FOR OPINION We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audii of the financial statements In the UK, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suff icienl and appropriate to provide a basis for our opinion. CONCLUSIONS RELATINGTO GOING CONCERN In auditing the financial statements. we have concluded that the Board's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identitied any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the originalfinancial 5tatement5 were aulhorised for issue. Our responsibilities and the respon5ibilitie5 of the Board with respeci to going concern are described in the relevant sections of this report. OTHER INFORMATION The Board is responsible tor the other information. The other information comprises the information included in the annual report, other than the financial statements and our Auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance or concluslon thereon. Page8
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI INDEPENDENT AUDITORS. REPORTTOTHE MEMBERS OFTHE HARBOURCENTRE IPLYMOUTHI ICONTINUEDI In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. 11 we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to reportthat fact. We have nothing to report in this regard. OPINION ON OTHER MArrERS AS PRESCRIBED BY THE COMPANIES ACT 2006 In our opinion, based on the work undertaken In ihe course of Ihe audlt.. the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements. and the Trustees, report has been prepared in accordance with applicable legal requirements. mAERs ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report lo you if, in our opinion.. adequate accounting iecoids have not been kept. or returns adequate lor our audit have not been received from branches not visited by us. or Ihe financial statements are not in agreement with the accounling records and returns. or certain disc105ures of Trustees, remuneration specified by law are not made- or we have not recelved allthe information and explanations we requiie for our audlt., or the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirementlo prepare a Strategic Report. RESPONSIBILITIES OFTRusfEES As explained more lully in the Trustees, Report (set out on pages 2 to 71, the Trustees (who are also the directors of the charitable company for the purpose ol company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Page9
THE HARBOUR CENTRE {PLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI INDEPENDENT AUDITORS. REPORTTOTHE MEMBERS OFTHE HARBOURCENTRE IPLYMOUTHI ICONTINUEDI In preparing the financial statements. the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees intend to cease operations, or have no realistic alternative but to do so. AUDITOR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mis51atement. whether dLJe to fraud or error, and to Issue an auditor's reporl that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below. A further description of our responsibilities for the audit ol the financial statements is located on the Financial Reporting Council's website al.. www.frc.org.uklauditorsresponsibilities. This descriplion forms part of our auditor's reDOrt. EXTENTTO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DEcTING IRREGULARITIES, INCLUDING FRAUD Irregularities, including fraud, are instances ot noncompliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities. whether dLJe to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion. As part of our audit planning, through discussions with management, we obtained an understanding of the legal and regulatory framework that is applicable to the charitable company and the sector In which it operates to identity the key laws and regulations affecting the charitable company. The key laws and regulations we identified were health and safety, and employment laws. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements, primarily the Companies Act 2006, the Charities Act 2011, the reporting frameworks FRS102 and Charities SORP 2019, and the terms and conditions attached to material grants received by the charity. We assessed the required compliance with these laws and re2ulations as part ol our audit procedures on the related financial statement items. In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The laws and regulations we considered in this context for the UK operations were requirements imposed by the health & social care act, health & safety legislation, employment legislation and General Data Protection Regulalions IGDPRI. Page 10
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI INDEPENDENT AUDITORS, REPORTTOTHE MEMBERSOFTHE HARBOURCENTRE IPLYMOUTHI ICONTINUEDI Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection ol regulatory and legal correspondence, if any. We identified the greatest risk of material impact on the financial statements from irregularilies, including fraud, lo be within the timing ol recognition of funding and grant income, and the override of conirols by management. Our audit procedures to respond to these risks included enquiries of management, sample testing on the posting ol accounting entries, reviewing accounting estimates for biases, substantive testing of key income streams, substantive testing of development expenditure and reading minutes of meetings ol those charged with governance. Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some material misstatement5 In the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regutations lirregularitiesl is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk ol non detection ol irregularities, as these may Involve collusion, forgery, intentional omissions, misrepresentations, or the override ol internal controls. We are not responsible lor preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. USEOFOUR REPORT This report is made solely to the charitable company5 members, as a body. in accordance with Chapter 3 of Part 16 01 the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or lor the opinions we have formed. john Hillier FCA jsenior SlatutoryAuditorl For and on behalf of Sumer Auditco Limited, StatutoryAuditors and Chartered Accountants 6 Houndiscombe Road Plymouth Devon PL46HH Dated.. 17 Nov 2025 Page 11
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUAFIANTEEI STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THEYEARENDED 31 MARCH 2025 Rèstrlcted Funds 2025 Unrestrlcted Funds 2025 TotaL Funds 2025 Total Funfls 2024 Note INCOME FROM: Donations and legacies Investments Charitable a¢llvilies 11,790 67,745 2,921,802 11,790 67,745 3,043,237 27,942 69,084 2,662,723 121,435 TOTAL INCOME 121,435 3,001,337 3,122,772 2,759,749 EXPENDITURE ON: Ralsingfunds Chaiitable activilies 101,604 3.365,588 101,604 3.452,937 105,312 2,657,943 87,349 TOTAL EXPENDITURE 87,349 3.467,192 3,$54,541 2,763.255 Gainslllos5e51 on investments 442,500 442,500 NMovEMENTIN FUNDS 34,086 123,3551 10.730 13,5061 RECONCILIATION OF FUNDS: Total funds broughtforward Net movement in funds Releases between funds 1,721,355 123,3551 432 1.721,355 10,730 1,724,861 13.5061 34,086 14321 TOTAL FUNDS CARRIED FORWARD 33,654 1,698,432 1,732,085 1,721,355 The Statement of Financial A¢tivities includes all gains and losses recognised in the year. The notes on pages 15 to 28 form part ol these financial statements. Page 12
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUAFIANTEEI BALANCE SHE AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSErs Tangible assels Investment property 12 13 826,876 660,000 1,062,796 217,500 1.486.876 1,280,296 CURRENT ASSETS Debtors Cash at bank and in hand 14 123,976 494,795 187,312 661,702 618,771 849,014 Creditors- amounis falling due within one year 15 1155,3321 1192,4851 CURRENT ASSETS 483,439 656,529 TOTAL ASSETS LESS CURRENT LIABILITIES 1,950,315 1,936,825 Creditors: amounts falling due within oneyear 16 1218,2291 1215,4701 TOTAL NET ASSETS 1,732,086 1,721,355 CHARITY FUNDS Restricted funds 17 33,654 1,698.432 Unrestricted funds 17 1,721,355 TOTAL FUNDS 1,732,086 1.721,355 The Trustees acknowledge thelr responsibllitbes for complying wlth the requirements ol Ihe Act wlth respect to accounlbng records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial atemernts were approved and authorised lor issue bythe Trustees and signed on their behalf by.. MrA Lwhite Date.. 11 Nov 2025 Trustee The notes on pages 1Sto 28 lorm part ol Ihese linancial statemenis. Page 13
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUAFIANTEEI STATEMENT OF CASH FLOWS FOR THEYEARENDED 31 MARCH 2025 2025 2024 CASH FLOW5 FROM OPERATING ACTIVITIES Note Net cash (used Inllfrom operating activities 20 1159,2521 1110,9641 CASH FLOWS FROM INVESTING ACTIVITIES Rents and incorne from investmenls 67,745 163,8511 69,084 144,8861 Purchase of tangible fixed assets NET CASH PROVIDED BY INVESTING ACTIVITIES 3.894 24.198 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of borrowing 111,5491 171,2311 NET CASH USED IN FINANCING ACTIVITIES 111.5491 171,2311 CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR 1166,9071 1157,9971 Cash and cash equivalents at the beginning of the year 661,702 819,699 CASH AND CASH EQUIVALENTSATTHE END OF THE YEAR 494,795 661,702 The notes on pages IS to 28 form part ol these financial statements. Page 14
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUARANTEE} NOTES TO THE FINANCIAL STATEMENTS FOR THEYEARENDED 31 MARCH 2025 GENERAL INFORMATION The Charity is è company litnited byguarantee. The rnernbers of the Charity are the Trustees natlled on page l. In the event of the Chaiity belngwound up, the Ilabllity in iespect of the guaianiee is Ilmlled to £1 pei member of the Chaiity. The Charity was incorporated in the United Kingdom. Details regarding the Charity's information can be seen on the Charity information page. ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The tinancial statements have been prepared in accordance with the Charities SORP IFRS 1021- 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 ol Ireland IFRS 1021 and the Companies Act 2006. The Harboui Cenire (Plymouthl meeis the definition of a publi¢ benefit entity under FRS 102. Assets and Iiabiliiies are initially recognised at hisiori¢al Cost or transaction value unless Oiherwise stated in the relevant a¢¢ounting policy. 2.2 FUND ACCOUNTING General funds are unrestricted funds which are available lor use at the discretion ol the Trustees in furtherance ol the general objectives ol the Charity and which have not been designated lor other purposes. Designated funds comprise unrestricted lund5 that have been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donor5 or which have been raised by the Charity lor particular restricted purposes. The costs ol raising and adrninistering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment incorne, gains and losses are allocated to the appropriate fund. 2.3 GOING CONCERN The accounts have been prepared on the going concern basis. The Trustees consider that the Charity has sufficient resources available to meei all commitments as they fall due and Ihe Charity continues as a going concern. Page 15
THE HARBOUR CENTRE IPLYMOWHI IACOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES lcontinuedl 2.4 INCOME All incorne is recognised once the Charity has entitlement to the income, it is probable thatthe income will tse received and the amountof intome recelvable tan be rneasured reliably. Grants are included in ihe Statement of flnanclal activitSes on a recelvable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant tunds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and Included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. The rental income Is recognised in accordance with the lease agreements in place. The income received is adjusted through deferred and accrued incornewh&n receipt of the monie5 is paid in arrears or in advanc& of the period it 15 occupied. Donatlons and other intome Is iecognised In the period in whlch it is receivable 2nd to the extent the goods have been provided or on cornpletion ol the service where applicable. 2.$ EXPENDITURE Expenditure is recognised once there is a legal or constructive obligation to Iransfer economic benefit to a third party, it is probable ihat a transfer of economic benefits will be required in setllemeni and the amount of the obligaiion can be measured reliably. Expenditure is classified by activity. The costs ol each activity are rnade up of the total ol direct cost5 and shared costs, including gupport costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directlyto that activity. Shared costs which contribute to morethan one activity and support costs which are not attributable to a slngie attivlty are appoilloned between those activltles on a basls tonsistent with the uge of resources. Cential Staff cosis are allocated on the basis of time spent, and depreciation charges allocated on the portion olthe asset's use. Governance costs are those incuired In conneciion wlth administration of rhe charity and compliance with consritutional and statutory requirements. Costs of generaiing funds are cosis Incurred in attraciing voluntary income. and those Incurred in iradSng activities ihat ralse funds. 2.6 INTEREST RECEIVABLE Interest on funds held on deposit is included when ieteivable and the amount can be measured ieliably by the Charity- this is norrnallyupon notification ol the interest paid or payable bythe institution with whom the funds are deposited. 2.7 TANGIBLE FIXEDASSETS AND DEPRECIATION A review foi impaiitnent of a fixed asset is carried out if events or changes in ciicumstance5 indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carryingvalue of fixed assets ancl their recoverable amounts are recognised as impairments. Impairment10sses are recognised in the Statement of FinancialActivities. Page 16
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUAK4NTEEI NOTESTO THE RNANCIALSTATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Icontinu8dl Depreciaiion ig charged so as to allocate the cost ol tangible fixed assets less their residual value over their esiimaied useful lives. Depreciation is provided on the following bases= Freehold property Freehold land - 50years Not depreciated - 5 years Oftice equipment 2.8 INVESTMENTPROPERTY Flxed assei invegtments and Investment property are initlally iecognlsed at theli Iransaction cost and subsequeniiy measured ai fair value ai the Balance Sheei date, unless fair value cannot be measured reliably in which case it is measured at cosr less impairment. Investment gains and losses, whether realised or unrealised, are cornbined and shown in the headinE'Gains1110ssesl on investrnents. in the Statement of Financi2lActivities. 2.9 CASH AT BANKAND IN HAND Cash ai bank and in hand includes cash and short-ierm highly liquid investments with a short maiurity of three months 01 less trom the date of acquisition oropening of the deposit or similar account. 2.10 LIABIUTIESAND PROVISIONS Liabilities are recogni5ed when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a tran5fei of economic benefitwill be required in settletnent, and the amount of the settlernent can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments forthe goods or services it rnust prowde. Provisions are measured ar the besr esiimaie of rhe amounts required ro settle the obligation. Where the effect of the time value ot money 15 material, the provision is based on the present value ot those amounts, discounted at the pre-tax discount rate that ieflects the iisks specific to the liability. The unwinding of the discount is recogni5ed in the Statetnent of financial activitie5 as a flnanee cost. 2.11 FINANCIAL INSTRUMENTS The Charity only has financial agsets and financial liabilitieg of a kind that qualify ag basic financial instruments. Bèsic financial instruments are initially iecognised at tiangaction value and subsequently measured ai their settlement value wth the exception of bank loans which are 5ub5equently measured at arnortised cost usingthe effective interest method. 2.12 PENSIONS The Charity operates a defined eontiibution pension scheme and the pension chaige represents the amounts payable by the Chaiityto Ihefund in respect ol the year. Page 17
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Icontinuedl 2.13 PROGRAMME RELATED INVESTMENTS Programme related investments are made exclusively to further the charitable aims by funding specific activities ol related tangible fixed assets of a Ihird party which, in turn, conliibute to the Chaiity5 own charitable purposes. Property that is let out in order to further charitable aims ol the Charity as well as the lessor are classified as tangible fixed assets and are accounted lor in the accordance with the langible fixed asset policy. CRITICALACCOUNTING ESTIMATES AND AREAS OF JUDGMENT Estimales and judgments are continually evaluated and are based on historical experience and other factors, including expectations ol future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions.. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equalthe related actual results. Critical areas oljudgment.. Valuation of Investment Property- The investment property held is a percentage of the freehold property owned which is let out. The percentage of the buildingienanted will impacl the value ol the investment aspecl of the property. Bank and Cash - DLJring the financi21 year, The Harbour Centre (Plymouthl Limited acted as the lead organisation in a consortium delivering'The Complex Needs Alliance Contract. (The Alliance), funded bygrantfrom Plymouth City Council. Under the terms of the contract. The Harbour Centre is the host supplier and is responsible for receiving and administering the grant on behalf of the consorrium. The Harbour Centre acts as agent, holding and distributing funds io Itself and the other consortiurn partners in accordance with the agreed delivery plan and funder requiremenls. Incorne received is accounted for in line Wilh the income policy. At the balance sheet date, funds were held for luture dlstribution to consortium members and accordingly, is excluded Irom the Balance Sheet and does not fall within the scope of the Charity's audit. INCOME FROM DONATIONS AND LEGACIES Restrl¢ted funds 2025 Uniestrl¢ted fund5 2025 Totallunds 2025 Total funds 2024 Donations 11,790 11.790 27,942 TOTAL 2024 27,942 27.942 Page 18
THE HARBOUR CENTRE IPLYMOWHI IACOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH2025 INVESTMENT INCOME Restricted funds 2025 Unrestricted funds 2025 Totalfunds 2025 Total funds 2024 Rental Income 52,496 15,249 52,496 15,249 60,739 8,345 Investment income 67.745 67,745 69.084 TOTAL 2024 69,084 69,084 INCOME FROM CHARITABLE ACTIVITIES Restricted funds 2025 UnrestTlCted Toialfvnt15 Totalfunds funds 2025 2025 2024 Core funding Otherfunding Sharp funding Training courses Supplementary Drug and AlcoholTreatment Erant Rough Sleeping Diug and AlcoholTreatmentErant 40,228 10,904 1,795,571 87.692 41,930 13,073 769,536 214,000 1,835,799 98,596 41,930 13.073 839,839 214,000 1,852,757 13.084 258,427 16.454 308,001 214.000 70,303 121,435 2,921,802 3,043,237 2,662,723 TOTAL 2024 64,058 2,598,665 2,662,723 ANALYSIS OF EXPENDITURE BY ACTMTIES Dlrect charitable expendlture 2025 Governance Totalfunds Totalfunds COSt5 2025 2025 2024 Charitable expenditure 3,404,024 48,913 3,452,937 2.657,943 TOTAL 2024 2,612,358 45,585 2,657,943 Page 19
THE HARBOUR CENTRE IPLYMOUTH} IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GOVERNANCE COSTS Reslrl¢led funds 2025 Uniestrl¢ted funds 2025 Totalfunds 2025 Totalfunds 2024 Auditors, remuneraiion 9.340 2,335 1,901 33,572 1.765 9.340 2,335 1,901 33.572 1.765 7,600 1,900 1,411 32,974 1,700 Auditors, non-2LJdit costs Company secretarial and professionalfees Wages and salaries Pension costs 48.913 48,913 45,585 TOTAL 2024 45,585 45.585 ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE Staff costs Depreciation 2025 Other costs Totalfunds Totalfunds 2025 2025 2025 2024 Expenditure on property investment man2gement 40,828 60,776 101,604 105,312 COSTS OF RAISING FUNDS 40,828 60,776 101,604 105,312 Expenditure on charitable 2,378,139 35,337 299,770 726,115 13,576 3,404,024 48,913 2,612,358 45,585 Expenditure on governance CHARITABLE AcTIVlEs 2,413,476 299,770 739,691 3.452,937 2,657,943 TOTAL EXPENDITURE 2,454,304 299,770 800.467 3,554,541 2,763,255 TOTAL 2024 2,170,304 34,783 558,168 2,763,255 Page 20
THE HARBOUR CENTRE IPLYMOWHI IACOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. INCOMEIIEXPENDITUREI 2025 2024 Thls Is ststed aftercharging: Depreciation of tangible fixed asseis.. owned by the chaiity Impairment ol tangible fixed assets... owned bythe charity Auditors, remuneration audit 49.770 250,000 9.340 2,335 34.783 7,600 1,900 Auditors, remuneration other services Duringtheyear, noTrustee5 received any retnuneration12024.. £Nill. Duiingtheyear, no Trustees received any benefits in kind12024'. £Nill. Duringtheyear, noTrustees received any reimbursetnent of expenses12024.. £Nill. STAFF COSTS 2025 2024 Wages and salaries Social security costs Contributlon to deflned coniribution pensSon schemes 2,193,352 182,554 78,398 1,939,621 155,016 75,667 2,454,304 2,170,304 The average number of persons employed bythe Charity durlngiheyear was as follows-. 2025 2024 No. 55 No. 53 29 Full-time Part-time 89 82 The number of employees whose employee benefits (excluding employer pension costs) excèeded £60,OOOwas'. 2025 2024 No. No. In the band £60,001- £70,000 In the band £70,001- £80,000 In the band £80.001- £90,000 Key Management Costs All Trustees and certain senior ernployees who have authority and responsibility for planning, directing and controlling the activities of the Charity are considered to be key management personnel. Total remuneration, Including employer pension contributions, in respectof these individuals is £143,13612024.' £138,250). Page 21
THE HARBOUR CENTRE IPLYMOWHI IACOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. TANGIBLE FIXED AssErs Freehold Property Office Equlpmeni Total COST ORVALUATION At l Apii12024 Additions 1,653,050 225,876 63,851 1,878,926 63,851 At 31 March 2025 1,653,050 289.727 1,942,777 DEPRECIATION At l Apri12024 Charge lorthe year Impairment Charges 640.597 17,714 250,000 175,533 32,057 816,130 49,771 250,000 At 31 March 2025 908,311 207,590 1,115,901 NETBOOKVALUE At 31 March 2025 744,739 82,137 826,876 At 31 March 2024 1,012,453 50,343 1,062,796 A net book value arnount of £245,000 12024: £495,000) is included within freehold property which represents a building used as a programme retsied investment. A valuation was underiaken In August 2025 by Sanderson Weatherall on a Marketvalue basis. This has been used forthe assesment of the irnpairrnent review in the year. 13. INVESTMENT PROPERTY VALUATION At l Apri12024 Change in fairvalue in the year 217.500 442,500 At 31 March 2025 660,000 The entire balance relates to Hyde Park House, which has split use, being partly used by the charity itself and partly rented out to third partieg. The value above repregentg the element let out to the third parties. The 2025 valuation, prepared by Sanderson Weatherall on a Market Value and Market Rent Basis, has been used for the assesment ol the change in fair value in the year. 14. DEBTORS 2025 2024 DUEWITHINONEYEAR Trade debtors 83,010 21,157 19,809 21,545 5,373 160,394 Other debtor5 Prepayments and accrued income 123,976 187,312 Page 22
THE HARBOUR CENTRE IPLYMOUTHI IACOMPANY LIMITED BY GUAFIANTEEI NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. CREDrroRS: AMOUNTS FALLING DUEWITHIN ONE YEAR 2025 2024 Bank loans Trade creditors 6.068 36,488 41,694 16,657 54,425 20,376 23,100 40,234 69,275 39,500 Other taxation and social security Other creditors Accruals and deferred incorne 155,332 192,485 The above balance of bank loans is secured against the freehold and investrnent property held by the charity. The aggregate carryingvalues of the asset secured is £1,404,73912024.' £1.229,9531. 2025 2024 Deferred income at l April Resources deferred duringthe year Amounts released from pievious periods 4,663 12,706 14,6631 13,194 4,663 113,1941 12,706 4,663 Included within the deferred income balance at the year end ale funds reteived in advance in respect of The Alliance totalling £6.706 and the Crearing Conneciions Grant toialling £6,000. Amounts released from 2024 during the year include funds received in advance in respect of The Alliance totalling £4,663. 1& CREDITORS: AMOUNTS FALLING DuEAER MORE THAN ONE YEAR 2025 2024 Bank loans 218,229 215,470 218,229 215,470 Included within the above are amounts falling due as follows: 2025 2024 BEfwEEN ONE AND TWO YEARS Bank loans 6,068 20,376 BETWEEN TWO AND FIVE YEARS Bank loans 212,161 195,094 OVER FIVEYEARS Bank loans The balance above is made up ol one loan. The loan is repayable over 120 rllorrths from drawdown at a fi'xed interest rate of 4.44% per annum. The above balance of bank loans is setured against the freehold and Investment property held by the chariiy. The aggregaie carryingvalues ofthe asset secured is £1,404,73912024.' £1,229.9531. Page 23
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at I Transfers Balance at 31 Apri12024 Income Expenditure inlout March 2025 UNRESTRICTED FUNDS DESIGNATED FUNDS Fixed Asset Fund 826,950 217.500 42.180 8.140 40,000 138,130 1224,3701 442.500 17.261 602,580 660,000 Investment Propety Sinking Fund Business Development Hardship Fund Hyde Park House Repair 159,4411 8.1401 40,000 1195,3061 57,176 1,272,900 1262,8871 292,567 1,302,580 GENERAL FUNDS Charitable Funds 448,455 3,443,837 13,204,306) 1292,1351 395,852 TOTAL UNRESTRICTED FUNDS 1,721,355 3,443,837 13,467,192) 432 1,698,432 RESTRICTED FUNDS Charitable Restricted Fund5 40,228 81,207 139,7961 147,5531 14321 Naloxone 33,654 TOTAL OF FUNDS 1,721,355 3,565,272 13,$54,5411 1,732,086 Page 24
THE HARBOUR CENTRE IPLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI NOTESTO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED31 MARCH 2025 17. STATEMENT OF FUNDS l¢ontinuodl DE NATED F ND Fixed assetsllnvestment property In furtherment of its objectives. charitable funds expended on the acquisition of Fixed Assets and Investment Property have been so designated because they are invested in assets which are ol an enduring benefit to the charity. The fund ba12nces represent periodic propertyv21uations. less the outstanding mortgage and depreciation charges. Sinking Fund This fund is set aside lor the maintenance ol the rental property and is funded by annual contributions from tenants ol the propety, including the charity. Business Development This represent funds for training, consultancy and social enterprise activities. Hardshlp Fund This represents a fund set up to provide support for employees and clients suffering hardship in the currenl challenging economic climate. Hyde Park House Repair This fund is to be Ljsed to carry OLJt large one off repairs to Hyde Park House not covered by the Sinking Fund contribution5 from lenants. Naloxone Funding received to provide Naloxone to users. Page 25
THE HARBOURCENTREIPLYMOUTHI IACOMPANYLIMITED BYGUARANTEEI NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED31 MARCH 2025 17. STATEMENT OF FUNDS leontlnuedl STATEMENTOF FUNDS- PRIOR YEAR Balance at i Aprll 2023 Transfers Inlout Balance at 31 March 2024 Income Expendlture UNRESTRICTED FUNDS DESIGNATED FUNDS Fixed Asset Fund 745.616 217,500 58,850 63.103 40.000 150,000 81.334 826.950 217.500 42,180 8,140 40.000 138,130 Investment Property Sinking Fund Business Development Hardship Fund Hyde Park House Repair 126,6701 154,9631 10,000 111,8701 1,275,069 193,5031 91,334 1,272,900 GENERALFUNDS Charitable Funds 449,792 2,695,691 12,607,400) 189.6281 448,45S TOTAL UNRESTRICTED FUNDS 1,724,861 2,695,691 12,700.9031 1,706 1,721,355 RESTRICTED FUNDS Charitable Restrlcted Funds 64,058 162,3521 11,7061 TOTAL OF FUNDS 1,724,861 2,759,749 12,763,255) 1,721,355 18. SUMMARYOFFUNDS SUMMARYOFFUNDS.CURRENTYEAR Balance at I Income Expenditure Transfer5 Balance at 31 Aprll 2024 Inlout March 2025 Designated funds General funds Restricted funds 1.272.900 1262,8871 13,204,306) 187,3491 292,567 1292.1351 14321 1.302.580 395.852 33,654 3,443,837 121,435 1,721,355 3,443,837 13.467,1921 432 1,732,086 Page 26
THE HARBOURCENTREIPLYMOUTHI IACOMPANYLIMITED BYGUARANTEEI NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED31 MARCH 2025 18. SUMMARYOFFUNDSleoniinuedl SUMMARYOFFUNDS. PRIOR YEAR Balance at I Transfers inlout Balance at 31 April 2023 Income Expenditure March 2024 Designated funds General funds Restricted funds 1,275,069 449,792 193,5031 12,607,400) 162,3521 91.334 189,6281 11.7061 1,272,900 448,455 2,695,691 64,058 1,724,861 2,759,749 12,763,255) 1,721.355 19. ANALYSISOF NEtASSETS BETWEEN FUNDS ANALYSISOF NET ASSETS BETWEEN FUNDS-CURRENTYEAR Reslrl¢led funds 2025 UniestYl¢ted funds 2025 Totalfunds 2025 Tangible fixed asset5 Investment property Current assets 826,876 660.000 618,771 1132,2211 1218,2291 826.876 660.000 618,771 1155,3321 1218.2291 Creditors due within one year Creditors due in more than one year 123,1111 123,1111 1.755.197 1,732,086 ANALYSISOF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Reslilcled funds 2024 Uniestylcted funds 2024 Totalfunds 2024 Tangible fixed assets Inveslmeni property Current assets Creditors due within one year Creditors due in more than one year 1.062.796 217,500 849,014 1192,4851 1215.4701 1.062.796 217,500 849,014 1192.4851 1215.4701 1,721,355 1,721,355 Page 27
THE HARBOURCENTREIPLYMOUTHI IA COMPANY LIMITED BY GUARANTEEI NOTESTO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED31 MARCH 2025 20. RECONCILLIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net income foithe year las per Statement of FinancialActivitiesl 10,730 13,5061 ADJUSTMENTS FOR: Depreciation charges Impalrment charges Movement in Fair value DI Investments Rents and incorne from investments Iln¢reasellDe¢rease in debtors Increasel (Decrease) In creditors 49,771 250.000 1442,5001 167,7451 63,336 122,8441 34,783 169,0841 39,309 1112,4661 NET CASH PROVIDED BYIIUSED INI OPERATING ACTIVITIES 1159,2521 1110,9641 21. ANALYSIS OFCASH AND CASH EQUIVALENTS 2025 2024 Amount held at bank Cash In hand 494,728 67 661,135 567 TOTAL CASH AND CASH EQUIVALENTS 494.795 661,702 ANALYSIS OFCHANGE IN NET DEBT At IApril 2024 At 31 March 2025 Cash flows Cash at bank and in hand Debt due within l year Debt due after l year 661.702 120,3761 1215,4701 1166,9071 14,308 12,7591 494,795 16,0681 1218.2291 425,856 1155.3581 270,498 PENSION COMMITMEMts The Charity operates a delinetj contributions pension scheme. The assets ol the scheme are held separately from those ol the cornpany in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and arnounted to £76,633 12024= £75,667). Contributions totalling £12,299 12024.. £11,512) were payable io the fund at the balance sheetdate and are Included In crediiors. 24. RELATED PARTYTRANSACTIONS The Harbour Centre (Plymouthl has not entered into any related party transaction during ihe year, nor are there any outstanding balances owing between related parties and The Harbour Centre (Plyrnouthl at 31 March 2025. CONTROLLING PARTY The Charity is controlled by the Trustees. Page 28
WORKIRO SIGNATURE CERTIFICATE Document Name Final Accounts 2025.pdf Catherine Cavanagh (CatherineCavanagh@condymathias.co.I 11 November 2025 11:37:19 UTC Crealor Date Identifier a978871c.664a4b89-8966-1a932b5e10f5 Signers a.white23@nhs.net E-mail a.white23@nhs.net 11 November 2025 13:47:24 UTC Signed IP address 5.64.89.215 John Hillier E-mail JohnHillier@condymathias.co.uk 17 November 2025 15:23:09 UTC Signed IP address 151.2.157.42