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 CharIt￿S
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.
mA￿ERs 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 D￿EcTING 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
N￿MovEMENTIN 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 AcTIV￿lEs
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 DuEA￿ER 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