KEGISfERED CHARrrY NiJMBEEL. 295219 REPORT F THE TRUSTEES AND FINAN FOR THE YEAR ENDED 3
E SADIE CONTE TS OF THE FIN CIAL ATE THE YEAR ENDED 31 J 25 Independent Eumi•er'i Report Stattmtntof Fmanell A¢¢lvllks StstsThent of Fffinauew Pwitio• St8tsrnext of Cask Flowi io Notss tt+ the St•temeMt fjf Csh Flows N4)tss to the Flnanelal Ststemtttts 12 21
THE SAD RT FTHET E YL4R ENDED FOR Y 2025 The tnLsi¢es pttsent their report with the fin111 stst¢ments of the clwity for th¢ ytar ended 31 July 2025. The tr$es have adopted the PmViSiOTLS of A¢¢cmIng and Reporting by Clthrities: Ststement of Rec0Mll Practice applitabl¢ Republi¢ of Ir¢iaryl (FRS 102) {effective l January 2019). Duritig the year the Chb4ty oxrged TFAth Herts MIMd Netw•vks #nd ll beets trMferré The dats of the tr•osf¢r was l April 2025 $0 the fi8wrns l tht ecovRts represent ollly 8 moDth5 of activitle& The proeess stthed to hve the Chrfty remrtrved fron the Chrlry R¢8ts¢er. OBJECTIVES AIYD ACTIVITIES Objects of the Chirity The fornul objects of The S*be C¢ntre (fornxdy The Cetttre for Healthy Livin81 art.. i) The relief of sickness and th¢ preservation aul prottttTh of he41th forth¢ythli¢ b¢n¢fiL ii) The advancement of educaiico ill knlisti¢ health aryl m¢dicitie for the public benefiL The first objeciive is fvlfilled trmigh our ¢linic. a1 the provisi¢)n of conwlementsry ni&Jical treatmeth ¢cdutselliM8"
THE SAD REPORT OF THE TRU THEY Ef4DED TEES JULY 2 Mtrger of our Chrity On 1$¢ April 2025 the merger of The Sadie Centre into H¢rts Netw btc•m¢ official - the Centre ar that point entered a new phase of its history. one whidl Thvuld secure its firturt and promistil Breai expattsion of its kng.held vision. The Ixt year w)uJd be on¢ of ac¢lirnatssatton'. tin8 to 1 prdur&S of an OrlSation used be ewy, bui knew the Tewards woum be gwt indee Slgmlfkant ¢hlevrnt We ye1ved a substsntial governmt grant as of the VCSE FMLY Efficiew scheme. which ¢nabkd us to allY Important mllestone.. 40 y¢•rs'• This w&s our 40th atmtversary )rar . which matked by A Lzkbraiory event wbich drew some 250 pecyle to our Centre on a Sti]lglY clrar athl memornble day. with the High Sh¢Jiff of Hertfor&shire as guest of honour. The greater part of our eT%rgies duri this acLXMmW have been directed to Vi8811ng the intric due dili8ence legal prOce&S atteNling to the muger . &% tll c18 that th¢ aforementioned r8Y effi¢ient r¢fiub1shnnt w&$ ¢]ed out tIMM standart effici&)tiy and acwrding the requiremenrs of the gran¢. DeVelonettt and expartsiots of ¢xis¢in8 aciivities Me knew woukl after the ne¢e&w consolidation had b¢¢n The h15torleal eontext The Sadie Centre is one of the lar8e51 providers of wMplentsry approaches to health in the UL pioneering has won 4 national award& aryj are widelyTWted as • Centre of excellert¢. We have worked irt Parther with natioMI OTganitioTh gjch as Curie Cancer Care and the Mental Health Foundatioo and were in a formal ptnershIp with Thames Vallty University as ott of its Associate Colleges - developing COUntrS first Diplouw in Conwlementsry Medicine. More locally. we wtre foT some years in forn1 patknttship with North Hertfordshire Colkg¢ tyj currentty partsxr the University of Wfordshire's Institute for Health Research. Many th0 ofhealth pmfetsion&ls aThl of the ge1 publie hav¢ parti¢ipaied in our courses. We have worked with the NHS in North H¢rtfowdshire with ) pilot a suies of tJlbeing and falls prevention programnw and for the past four have b¢¢n (Onu10ned by BedfOlre. Luton & Milton Ke Integrated Care Board io deliver our wellbeing WO8Tarnme (Positiv¢ Mov¢m¢nt1bl) ¢0 older people in its c(Anmunity. •t¢ We have b¢¢n E5e4 since 1988, on the beautifid 8-Xrt grecnbelt site of a fcrfn)er NHS couage hospits]. We have ¢onYerted its orA8inally open plan wards into spariows ¢1a&5Twn while a second building which had h)used nUs, quartet5 ns)w functions as an effici¢ni a1 attrlive Space for cowllelltn8 and our nleMentary tW clinic. A third buildin& previously an isolati¢Jn uni4 is in need of some ded1*d thou8bt &s to its r¢pair aThl wteniial fib(ure use. The rernpining oundS inclth a large orch&d aro i¢Nled and maintsRd by fjrowing P]e-, a horticultural therapy projecl which iKcame part of the C¢ntre's service wivision in Awil 2022. Th¢ prOJt PTovidLs support for people rewvering fron4 or livin8 with mild lo severe mentsl IKalth i&%u4 and continues to Iwk after our extensive 8rouTrls throu8h its voluntw progr wbich kn ireased this )t&r to offer an additional session on Saturd4y nrning& We are a Tenthl ienant. with 24 )rar5 remaining cffl a lease wtiich can be renewtd at its expiryin 2(I48.
OF THE TRUSTEES L4R ENDED 31 JULY 2 R TH ACHIEVEMENTS AI¥D PERFORMANCE Our M•in A¢tivi¢ies aDd Our Perfonmnet OvervSew improved websit4 and to 1n[a)ll al-do stslTm Securlng Future: Sueeesslom HanDlng The Centre's cDIr¢¢tOr ContiJe5 to clw Mih Fixuth D]rtOr irylement both sttbility with the core Infralre and d¢livery of servi¢e5. along V•ith ODgoiog exrAnsion & gromb for the Ccntre . with the plall that she Our cornMty.Bas¢d A¢tivi¢ Milldfukne In S¢hool• The Sadie Centre be¢n runni mindfulness pr08Tam sAe 23. tehI th¢ 4pPT0 peq)le of all aw and dlks of life. iticluding ¢0 health professionals ie2Lhers atyj la1 Y>rkets. Since 2020. th¢ long-teThn of the paTrIcn on Children's Mer#7 h¢41th atmj Thrllbeing h&8 led to a shift in the fo¢u$ of OUT (kIlry from tracbus to childr Ovtt the l&%t few y¢ats. we have been cornmissioned w nln mindSJ]ness pnwarn for sttthftts in every sKhool in Hitcbin and Let¢1) with fiwding during this last y¢8r provided by Hitchin Youth TThtand from futKb whKh we h8v¢ ourselv approximately 540 Year 6 cldrell o¢mss I I primary sCh]S in Hitrhtii Letchwyirth. Tb¢.bTeatlie pro8r4mme was designed by the MIndfi in SCI1$ Ptojeci to povilk children witb aD Op[TtnIty explolt th¢ foundations of MindffiJ]nw . to learn to devel(y ats aw8ret&s of th¢ brr rnirrfl bcdy. with th¢ aitn of sw)p)ninE their 3elf.reguiation COrentraL. SclK)ol staff Te also offered free places to atte1 4 9(bminu training session ai the Centre, to give them an introdtiction to M]ndfUb tlw aThJ practice. This Provided 8uidartce on how teaching sthff could supp)rt childTth to fith embed MiTrJfithess p1¢4 to sustsin the skills had alrcady In addi¢10 we have delivered a ¥w¢ek IThtrirf]uctioD ro MlrmlfulnS C(lse Cbildren in Year 4 two other Ptim8ry schools ia HiEchin [AChw Is Thtll &8 a twke to a s¢lKK>l wwking with childmi with special DEX¢ aca¢Jemi¢ year (2025-2026}. NHS Health & Wo1]b£ CoxhlDE Servke In July 2021. the Centre MMloned by the Hihin & Whitwell Care N¢trsyk to Tun a fvjl.iime NHS Health & Wellbeing Coachin8 Service for those of its kMtienL8 th experience low mocd (wlth onxiety or depression). Patients hav¢ r¢port¢d major imprOvents in their m2DtsI wellbein8 alld life CiT¢llrnst and in 2024. P051tive Movem¢n¢TII . a wellbeimg progr•wue for Older people with mDbllty problems or who are livlni wlth long-tsrm tolldltlotss Funding froTn the Lottery in 2016 ¢nabled u5 to develop this awar&wim1i progrm in which wly Is) peopk have now F•rticipated. Tbe progra[. b¥sed upon ow lon8 experien¢¢ workng with older people, ¢ombines ar¢ followed by time to l&lIst over a cup of a. Parricipants have reported that tly 8re less stressed aThl tiDXi kss f¢arful of falling. more se]f4onfJdent and have In 2018, PosAiiYe MovementTIA was chosen . a ti10 Con¥)lettwiary Theryies award ¢erenKw . the best approach ID the Preventioti and Seif-Care¢ale80ry. Since then, with the help of l(Kal govemMent otr the progrdmTh has b¢¢n d¢liv¢red throughout Hertfordshire atvj for the pasi four . has been eOmTDiI by Bedfordsbio LutOD and Milton K¢5 Iniegrated Care B(wd for delivery in care homes and iti the LutOD cornrourriry. In tl WTrenl it has t*en commissroned by North Hertfordsbirt c(wl1. for delivery ill4 N¢)rth Hertfordkn from Septenther 2024 through to Mah 2025. Page 3
THE SADIE C REPORT OF THE TRUSTEES R THE YEAR ENDED 31 JULY 21125 Positive Mov¢mentTM has been the subject of a 3 )rar PhD thesis by the Univ#sity of Bedfordshirds Instltute for Health Research. with whom we are cUtIY ¢ollairntTh8 on J )r rw4rch bid to evaluate the pmgratnme on a larger scale than has up to now been p)ssibk. txwing this yrar. thanks funding from North Herts Council. we hfive been able io njn a teacher traininB progr3mnK whi¢h will enabk us to pTovi(k ieath¢rs for a significantly expanded Positive MovementThl programn. Core Aetlvltles Wellbein8 Classes We have always believed that texhing pwpk io tsk¢ r¢SpoL9]I1ty for. and kn look after. their own health and tllbein8 was fidathI to ow charitsbk aim. From our earliest day5 we 14ve nth vibrnnt pftWa of weekly. year.rowid clas5¢s. all desi promo health aThl weven¢ illness. had approa¢h¢d l(M)), they n¢v¢rth¢ks5 wntiuuvj ¢JTaw nny fvll of enthrttsi8StK and Ioydl participants. Sessions bave included Yoga, Pilates. fai Chi and MindffiJltt&s. This year we reernit¢d a part.tinr AdmIr the cla. 7¢h allowed expanded PTovision and Counselilng During th¢ pa 12 month& our 28 qualifRd C(Mtywlkrys 8 trainets h•ve seen over 872 new clients aTrJ delivered 5515 S510Th The S¢Tvi¢e ¢nioy5 an ¢x¢¢lknt Tepuiation ¥tKI (yerates with a relalively short wailing IISL aTrJ depressio abu5¢. bereavanenl tray s¢lf.l]arnL rating diwrder& te1attonsh issue& addiction, ADHD and autiSnL They offer a broad rattge of approachu i[KIJ1 p5theraPY, peTwn-¢entrd iniegrdtive. CBT. PshoSeXUaL E)llonl Freedom TKlMiqU¢gE (Tappirtg) somaiie work While the majority of our se55iO have ben delivered factrto.face. kn . I11n¢ d¢liwh&sb¢¢n p(wblL Furtded Proyamn tring this y¢ar. the Service awarded a grant the Htt¢hin Youth 1¢h wnd¢rwrot¢ the provision of free BU¢$$ Lowweost Counsellfjng Servi¢e We offtr a Iow4COSt Setvice for peIe who wld Mt Other be abl¢ ¢ounselling support Using counselling complement Therapies Our exlenCed and skilled elinTci8rn8 offtr l-l therapy for a Trnge of health conditioAs - withit) 1¢ back and mu8culoskeletal PToblenks predotDinate. Therapies IrKlU Ow)athy. Acupu1Ure. Naruropathic NutriiioJL Sports Injury Therapie& Manual LYihtIC tkninaB4 Deq) TISS aThl Hywhryy. Partherships Sadks Whoiefood Café This vegetarian caf< open 7 day5 a week on our SI ts * thrivi DJD by a small k1 firni repTesents Centre Enchanted GardeD Events IEGE) EGE is a small local b$1 1¢h besp)ke MryWingsim our si¢¢. FINANCIAL REVIEW Rat% polley
THE SADIE CENTRE REPORT OF TH STEES R THE YEAR ENDED 31 J FII¥ANCIAL REVIEW Goiti8 eoDee C¢Ssatiott of a¢tiviiies in this Charity. Dtt#lls of how Expendiknre supp•)rted Key ObJe¢ilv The majority of the chaJiWs experMJitur¢ . aprt fr(xn the costs of nll]ni maintaining the buildity from which it operatrs . bas gone to the COSLS of engaging c(MUkseii(x4 tr$ aj cliniciaLs, & the SUPkK•rting staff ne¢e&4ry to ¢arrying out its princip81 objective& SfRvcfuRL GOVERNANCE AND MANAGEMENT Governing docwment OrgillistrJDI $trurture The Trustee& wkn are all volunteus. are for the overall str88y of the Centr< eDWrI that the objectives are prottrfy pw5u¢d atKi that ILS f]Dial affaiTS are prnlY managed are resp)n&TrJle for producin8 fjnanciai sthtrments on an annual basis ¢onfoTm w Clwit#bk Law. atsl for saf¢gllaTding assets of the Centre. The day.to.d¥y of th¢ C¢tstr¢ is &iegated to the Dittctor. Roberta MeIdn. and the CfrDirector. J¢nny FlynN wlx> prtyJu¢¢ regular w¢)rfs to the Tntstee& Thes¢ fuwtions will N)w be carrieA by Herts Mind followi the nxrger. Relathl prtle8 Rob¢rfa Meldrum is th¢ CIwAty Directix aThl detsiLs ate 8iverA in the notes to the xc¢)unts of any related party Rfi$k m¥nagemellt The Tntts have a duty to identify and review the Ti5bs to ry1¢h Centre is exposed arthl io approte controls are in place io pmvide trasonabk assur a8aiti# fraud artsj error. R£FERELYCE A]¥D ADMINISTrATIVE DrfAIiS Reglstered Charity number 295219 Prl•clp*l addras Rosehill Hospital Hitchin Road Letchworth SG6 3NA Trustvs S Gibbs -chair H Oliver N Davies M Harnia C Woods
ADIE REPORT OF THE TRUSTEFS R THEY EIYDED REFERENCE AND ADMINISTrATIVE DETAILS Independent Examiner Bradshaw Johnson Chartered AOUntallts Croft Chambers I l Bancroft Hitchin Hertford5hire SG5 IJQ B4nkers The Co-operative B4nk pk poknioi l Balloon Stre M60 4EP Approved by ord¢r of the bo&rd of tsustets ort 24 October 2025 attd sip*d on its b¢half by. S Izzatd. TTUStee Page 6
INDEPENDEKf EX4MINER'S REPORT TO THE TRUSTEES OF THE SADIE CE llldtpethdent ex4nthr'$ reyjrt to the trllsteos of The Sdit Ceo I repon to th¢ ¢lwity te£S OD my eXamItion of the acccrtmts of Thc Slie Centre (the Tntst) for the year ended 31 July 2025. R$1b]Isd and basts of report requirejllents of Clwiiies Act 2011 Cthe A¢. l Twrt iti reyi of my examimtion of the Trusvs accounts WTied wt under Section 145 of the Act and in carryin8 Out my ¢xamiJthOll I have followed all applicable Directio9 given by the Ctwity Commi&sion und¢r S¢clion 145(5)(b) of the Aet. Independemt ex•AdNer's s¢#t4m¢#t Since yow charl$ gross It0¢ ¢x¢¢e41¢d £250.( exami must k a llMi of a listed body. l ¢8n nfim} England and Wale& 1¢h is orK of the tvd examination giving me Cause to b¢li¢ve that in any material respecL accouNin8 rrdS were noi W in r¢5Trt¢ of d Tr$1 as required by SeAion 130 of th¢ A¢L or the accounts do Trjt comply with the ¥pplicsbie requirem Coen8 th forni ond CODtent of accounts Sei out ID the c1]tieS (Accow)LS and Rwts) Regulations 2)8 oth¢T thwn any TEqu]r¢ thai the awounts giv¢ a N¢il C Hardin8 FCA Bradshaw Johnson Croft Chambe l i Bancroft H1h1n Hertfordsbire SG3 IJQ 29 October 2025
HE SADIE CENTRE STATEMENT OF FINANCIAL ACTIVITI HE YEAR DED31 Y20ts 31.7.25 Total 31.7.24 Total INCOME AND ENDOWMENTS FROM Donaiions aTMI lewies 8.732 120,147 128,879 72265 Cb•rh•ble aetfvlifies Classes and workshop5 Complementsry tlryies Counselling Low-COSt ¢ounselIin8 Posiiive Movement Mindfulntss in Schools NHS Health & Well108 Coaching ServKe HortieultUTal Therapy (GrowRTrg Peiyle) 144273 63J29 125J99 22JOO 31,584 7.010 26.160 5J06 144273 63529 125 J99 22 JOO 31584 7,010 26.160 5J06 177,998 91,574 190,928 19,981 41,044 10,162 42,979 12,649 Other trading acii7riti 27J24 27.524 59.875 Tot*1 462.017 120.147 582,l64 719,455 EXPENDTfuRE ON Charltsble ietiyltles Classes a] workshops Complem¢nthry therapi&8 Counselling Lw-Co51 ¢oUnl]ill8 Posiiive Movtm¢nt Mindffijl in Schools NHS Health & Wellkin8 Ching SerYi¢¢ Horticultural Ther4)y (Growing P¢opl¢) Other actlvilies 115J88 99,893 144.979 69.105 24,157 9.381 17,879 115,388 99,893 144.979 69.105 51.907 11.920 17.879 31.910 754 183.402 155,138 230.342 102.910 14,860 8,712 25,908 27.369 27.750 2.539 30.733 754 (64J55) 109J27 44,972 Toi 418J58 170J49 588.707 748.641 NET INCOMFJIEXPENDniiRE) 43.659 (50202) 16.543) (29,186) RECONCILtATION OF FUNDS Total ndS brought for4v#rd (43.659) 50202 6.543 35,729 TOTAL FUNDS CARRIED FORWARD 6.543
THE SADIE STATEMENT L POSMO 31.7.25 Totrl 31.7.24 Totsl FIXED A&SETS Ton8ibk wets li 16.141 CURRENT ASSETS Debtors C&sh at bwik 12 35.504 67,807 103Jll CREDITORS Amounts falling due within one 13 (91.056) NET CURRENT ASSETS 12255 TOTAL ASSETS LESS CiJRR LIABILITIES 28.396 CREDoR5 Amounts fallin8 th after more than one year 14 (21.853) NET AsSETlABILITIES> 6543 FbryDS Unrestri¢ted fimd8 16 {43.659) 50202 TOTAL FUNDS 6.543 The fuwwial stateroents *tr¢ 4wved by & Bwd of TnLWttS j autkn1s for issue on 24 Cktclxr 2025 a1 were sIj on its behalf by. S Izzard. Tntstee
THE STATEMENT OF CASH FLOW R TH YEAR END I JULY 2• 31.7.25 31.7.24 Cash flows from operating aedvltles Cash sen¢r4ted from operaiioAs (49JlO) 21.446 N¢t eosh (us¢d inyprovided byoF%rnt] xtivities (49510) 21.446 Cash Ilow$ from Inv¢s¢lng etivitles Purchase of tangible fixed a55ets Sale of tsngible fixed assets {102,540) 114,494 16J79) Net cash provided by/(us¢d in) invating activities 11,954 16J79) Cash flows from fth#n¢ln¥ tivItIeS (30251) 14,602) Net cash used in fill1Th8 1vill¢S (30251} {4.602) ChaDge ID and ¢sb equfvaknts ' the reportlnE perlod Casb and tash équlvalents at tbt bèglDntBg of the reporting period (67.807) 10.465 67.807 57J42 Caih and Cash equfvakllts at tbt end of thè r¢portlng perlod 67,807 The notes f(part of finwial $trtts Page 10
THE SADIE CENTRE THE STATEMENT OF CASH FLOWS RECONCILIATION OF NET EXPENDuRE TO NET CASH FLOW FROM OPERATING 31.7.25 31.7.24 et expendltmre for th¢ rwtiB8 per the StateJKnt of FIDaDelxi Aetlvltfies) Adjustmemts for: Depre¢iation charges (6543) (29.186) 4.187 42.392 Decreasel{increase) in debto 35,504 (82.658) {3J64) 11.404 Net (Ised luyprovlded by operatlom¥ (49.510) 21.446 ANALYSIS OF CHANGES IN FiJNDS At 1.824 Cash tknw At 31.7.25 Net rash Cash at bank 67.807 (67.807) 67.807 (67.807) Debrs falling within l year Debts falling due afttt l year 18.398) {21.853) 8.398 21.853 130.251) 30.251 Total 37.556 {37.556)
TRE NOTES TO THE FINAN R THE YEAR EN TATEM D31 JULY2•2 AccouNfiNG POLICIFS Basls of pr¢p•r5mg the flDandl st•iements The flnancial statements of the cknity. which is * public benefii eniity uThJer FRS 102. have been prepared in accordance with the Clwiiies SORP (FRS 102) 'AccouDling and ReIllg by Chariti¢s: Ststement of Recornrn¢ThJed Pral¢C applicable cltsrities prepry their xcounts in with the Financial Reportill8 Stsndard applicabk in the UK aNI Republic of tre]and (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 FinarKial Rep)rtI1 Stsndlrd applicable in the UK ond RUbliC of The Sadie Centre meets the dcfinition of public entity ulldErFRS 102. GoSn8 t•n¢ern The Charity is not a got concern as all futtds I4ve been tran5feffed to Herts Mind NetWOTk as part of the m¢rg¢r and the process has beett stsrted to remove tF¢ Cbarity from the Charity Resist¢r. Imeome All income is recWiS in the statett of FInala1 Activiiies th¢ charity has ¢ntitknient to the fund4 it is prob•bl¢ that the I)rne will be re¢¢ived aTrJ the can Lr Me rehably. ExndIre Liabilities are reco8nised as ¢xpeThiilur¢ as xh)n as thue is a legal or constructive obligation committing the cljarity to that expthditure. it is probabk that a tr8nsftr of econonmc t¢fitS will be required in settlement and thE aThKunl of the obli8ation be reliably. ExkxThJiture i8 ac¢ount•J for on an xcruals basis and has been classified under headings that Jggregak all Teled to & cate80ry. Whett costs ¢anrKTrt be directly attribui¢d io particular headings they have been alkKad to &Ctivili¢s on a basis consistent Wtth the use of AJ]ocatlon ADd appti•llent of ¢osts Costs are 8pportioneJJ to each activity pu the Centrrfs The isis of apport10ml is r¢vi¢w¢d T4ugible fjxed assets Fixed &ets 8r¢ stated at cost kss accmlated deKw110 The ¢os¢sof mintiradditi0 or thxe costing below £500 are capitslised. Depr¢¢iaiion 15 lCulatl to WTiie off the COA of exh fixed a&set over its exPtl us¢fui life. The annual rates which ¢onsi5tetit Iwith ]ast y¢or #re:. Furnifure and ryuipm¢nt Compul¢r equipment 15% balaJKe 25Yo straight line Over 10 )rw5 Tutio The charity is exetw ftDm tlx on its ¢harit•bk adiviti¢& Futtd a¢¢ountlng Unrestricted fjJnd5 can be used in wtth cFwitable obiedives at the dIretir)n of the TTU51ee8. Restricted ffijnds ean only be eAl for paTfKular r¢stri¢ted purp) within the objects of the cknty. Restri¢tions aTise en specified by the dot)oror when futsjs are rnised for particular Testri¢t¢d pur. Further ¢xpl¥nation of the and purEK•se of each fimd Ls inehmkd in the >t£S kn the f8101 ststsments. Csh aDd ¢#5h eq¥lvaleDts Cash and cash equivalents ilUde 5b in har#1 (kpxgits trdd a¢ ¢811 with ¢)ther slu)rt.trrn] liquid InveSthnts with origi[1 Jnatiwiti¢s of three nw)nths or ]w bonk overdrnfts. Bank overdrnfts are ghow within rrOwS ineurrent liabiiitx Pa8e 12 coniinued...
THE SADIE CENTRE THE FINANCIAL STATEMENTS- YEAR ENDED 31 JULY 202S DONATIONS AND LEGACILS 31.7.25 31.724 lknatioA8 Grants 3.712 125.167 72265 128.879 72,265 OTHER TIiADING AcrivrnLS 31.725 31.7.24 8,185 2.385 4.103 8.104 4,747 22,163 8,185 6221 17.383 5.923 Rental income Wedding incoo Utilities iM)me 27.524 59.875 ¥COME FROM CHARITABLE AllFs 31.7.25 31.7.24 Activity 144.273 63.529 125.599 22,3 31,58A 7,010 26.160 SJ06 177.998 91,574 190.928 19.981 41,044 10.162 42.979 12,649 Cotllplemttllary therapi¢s Complemenly ¢lryi¢s Cout117ng Positive MovenTht Mindfjjlness in Sclbjols Positive Movejnenl M1jfu1rtess in S¢lKKJLs NHS Htslth & Wellkn)8 Coachmg Service GrOlti8 P¢¢4) 425,761 587.315 CHAIUTABLE ACTivrriES COSIS sUprt )sts (see note 6) Direct Totsls 55J39 40.047 85,133 9261 24.157 9J81 59.849 59,846 59.846 59,844 27,750 2.539 115.388 99.893 144.979 69,105 51.907 11,920 Complementary tlryies Counsellin8 Low.cost wjnselling Positive Movemeni milets in SclMK)Is NHS Health & W¢llb¢iDg Coaching Service Horti¢ultsnl T}*rnpy{Gmwi Peopk) 17.879 17.879 31.910 754 30.733 754 243.328 3).407 543,735 Page 13 continued...
SAD NOT O THE FINAI¥CIAL STATEMENTS- ¢vnthiw¢d FOR YEAR 31J SUPPORT COSTS Cla&s¢s and wot*sknps Conwlementary therapies Counsellin8 Low-wst counsellitt8 Posilive Movement MindfjJ]ne&s in Schoo]s Horticultural Therapy (Growing People) 59.849 59.846 59.846 59.844 27,750 2,539 30.733 3,407 Support ¢05ts have been allocated on the sanK basis &% pricff >rars betwttn and compl¢m¢n¢ary therapi&s and ¢ounsellin& TRusfEFS' REMUNERATION AND BENEFfTS Ther¢ W¢T¢ no trustttg rem OT ¢)ther benefits for the yE8r etthj 31 July 2025 nor for the )rar ettded 31 July 2024. TrM#ees' expell No eXpe5¢S wrre Yeimbur5ed to Trustees in the (2024 . £Nil). STAFF COSIS The average monthly of employ thing the )rar was as follows: 31.7.2S 13 31.7.24 13 The average munbttof enwlo>r45 i[udeS TrM)th fvll and wt time erylo EXCEPTIONAL ITEMS The excepttOn81 item ildeS all balances to Hcrts Mind Ndwork as part of the merger. 2024 COMPARATIVFS FOR THE sfATEMENT OF FINANCIAL AcfiviTlES Unrestricted Rtstrided Total ll¥COME AND ENDOWMEI¥TS FROM Donatiorts and Jegaci& IOJ91 61.874 72,265 Charltable aethqtles Classes aTrJ workshops Compl¢m¢nW therapies Counselling Low-COSt couoselling Posi¢ive Movement MindfvIn in Schw]s NHS Health & Wellbeing CO1 ServKe Horticultural Tlryy (Gmwing Po)ple) 177.gJ8 91.574 190.928 19.981 41.044 10.162 42,979 12.649 177,998 91.574 190.928 19.981 41.044 10.162 42.979 12.649 Page 14 continued...
AD CENTRE TOTHEF FOR THE Y TATEME14TS. eontln DED 31 JULY 2925 io. 2024 COMPARATIVES FOR THE ATEM OF FINANCIAL AcfiviTtES- ¢oMlln•ed Totsl 59.875 59.875 Totsl 657.581 61874 719.455 EXPENDITURE ON Ch*ritsblt aeelvltle8 C]asses and worksl Complementary tknpies cou1118 LoW-cO COUE]selliD8 Positive move Mindfulness ID Sehools NHS Health & Well1ng Coa¢hinB Servi¢e Horticultural Th¢rnpy (GrowiD8 Pecyle) 178.933 150.669 225.873 98,441 14,860 7J62 25.908 10.788 183,402 155,138 230.342 102,910 14,860 8,712 25.908 27.369 4.469 4.469 1,350 16381 Total 712.834 35.807 748.641 INCOMFJ(EXPENDITLryIE) {55.253) 26.067 (29.186) RECONCILIATION OF FUNDS Tothl fimds brought f¢xw&d 11594 24,135 35.729 TOTAL FUNDS CARRIED FORWARD (43.659) 50202 6,543 ii. Cotnputer equIpnl equipmenl Totals COST l Augwt 2024 AdditioLs 407229 102.540 1509.769) 33.790 21,686 462,705 102,540 (565.245) {33.790) (21,686) At 31 July 2025 DEPIIECIATION At l Augu 2024 Charge for y Eliminakd on dispxal 401.1 2395 (403J95) 26.167 818 <26.985) 19,297 1,074 (20.371) 446.564 4.187 (450.751) At 31 July 2025 NET BOOK VALUE At 31 July 2025 At 31 Juty 2024 6.129 7.623 2J89 16,141 P•ge 15
TO THE FINANCIAL THE YEAR TA EMEm- eontllllled Y 2•25 ii. TANGIBLE FIXED 5sS- ¢Mlin4ed All fixe4 a&8ets were tratsf in the to Hexts Mind Ne¢. IL DEBTORS: Amouwfs FALLING DUE IVTfHIN ONE YEAR 31.7.25 31.7.24 TTad¢ debtOTS 21279 14225 35J04 13. cREDORS. AMOUN73 FALLING DUE W]N OY4E YEAR 31.7.25 31.7.24 Trnde creditors Taxation and sla1 5ecwiry Other creditors 48,786 1.849 40,421 91.056 14. CREDITORS: AMOUNTS FALLING DUE AFfER MORI THAN ONE YEAR 31.7.25 31.7.24 Othu Creditors 21.853 IS. LOANS An wwlysis of the m2nwAty ofIts8 is given belo. 31.7.25 31.7.24 Amounts falling due within ott¢r on thmand: Bounce Back Covid Loan 8J98 AnNyunts falling IKtweeft (tt 2rn1 Ye5. Bounce Back Covid Loan 1-2 rarS 8.611 Amounts fallin8 betwren and fiwe [$. Bounce Back Cowd 2.5 yrars 13242 Page 16
I¥OTFS TO THE FINAN FOR THE YE IAL STAT ENDED 31 JULY 2025 16. MOVEMENT IN FUNDS Net At 1.824 31.7.25 Unrestritted General fund (43.659) 43.659 Restrleted funds PM. NHC Lgtcbwwth ITr2in theTrniner) PM. Th¢ Chapman Chlble TnL%t PM- The Childwick Tn1 PM- The Follett Tn]st PM - The Frank Lifield Clwitabie Trust PM . The shY FoultiOn Mis. Donations from dropiti meditstio (ijoo) (2.(KMI) (lo.1} (750) (4.() 13.1)))) io.(KM) 750 5535 462 7.085 (5,535) (462) {7.085) (446) (10.000) Mis. Henry Colbn Tntst GP. kssura GP. I£trhworth i) GP. Mercers Company GP. North Hens District CowKil (H Inequalities Fund) 10.1 5,424 (5,424) 50,202 (50202) TOTAL FUNDS 6543 (6.543) Page 17
IE CENTRE THE FINANCIAL STATEMENTS- eoAtln R TH AR ENDED 31 16. MOVEMENT IN FUNDS- e•ttli*ued Net Move in funts, Incl in theaiwe are as follows: Unrestricted fwidq Ga)eral fimd 462.017 (418.358) 43.659 Res¢rl¢ted funds PM . NHC I£tehworth (Train the Trainer) PM- The Chapll)an Cl)aritsbk Tn1 PM- Childwi¢k TTht PM- The Follett TnL81 PM- The Ftank L7tchfKld CFthritsble PM- Th¢ Shanly Foundation Mis. DonatioA4 from dtrpin MltatiOn sessions Mis- Hetlly Colborn Trn# GP. Assura 6J (8.000) {2,OlYI) {io,000) (750) (4.0) {3.(KK)) (1,5) (2.0(M)) (10,i)tK)) (7501 (4.OtKJ) (3.orJ)) {5.941) (462) {7.083) {545) {io.(th) (5,535) (462) (7.0851 (446) (10.1)} GP. Merc¢r5 Company GP- North HerLS Districi COU1] (Heahh tnequalities Fundl GP- General donations (incldin8 th¢ public) Building- VCSE Elwgy Efficie 6J 111.724) (5,424) 1.379 (1.379) 105.463 (105.463) 120,147 (170.349) (50.202) 582.164 (588.707) (6.543) Page 18
THE SAD NOTES TO E FINANCIAL STATEMErirs- colllillued R THE YEAR EN I JULY 2025 16. MOVEMENT IN FUNDS. comthiwed CoJnpar*tlves for mfyvement In At 31.7.24 Ai 1.8.23 UDTe¥trtrtrd ld$ 11594 (55.253) (43.659) Restrkttd hndi Building- NHDC Communiry Facilitie5 Capilal Proj¢¢ts Funding ScheD Building. The Valiant Charitable Tnt PM. NHC tLtcbworth (frain the Trainer) PM. Tb¢ C1mIn Clthritsble Tn PM- ChildwiekT PM- The Foll¢tt Trtl PM. The Frank Liichfieid ClwitsbkTn PM. The Shattly Foutsknio Mis. Donatiott% from drop-iti meditsii 4J13 13563 (4313) (13.563) 1.S(M) io.cKJo 750 4,LK)O 3.(KJO 10.000 750 4,000 5.797 (262) 5.533 462 7.085 Mis- Henry Coliw)rn Tn GP . Assur GP. IAchworth Quakers GP. Mer3 Company GP. Nortb Herts District COW11 (Health Inequalities Futhl) 7,085 446 10.000 10.OLKJ 5.424 5.424 24.135 26.067 50202 TOTAL FUNDS 35.729 {29,186) 6J43 Page 19
E SADIE No THE FINANCIAL STATEMENT FORT YEAR Ef4 D31 LY - ¢ondmued ifj. MOVEMENf IN FUNDS. v)ntlDKd Con4)aralive net tnovenxnt in in aTrM)ve att a5 follo.. In¢oming Movement Unrestrl¢ted fDnd$ Genernl fimd 657.581 (712834) (55253) Restrletrd fwnds Building- NHDC Commrrity FacilitKs Capital ProjKts FIng Scheme Building- The Valiani Charitabl¢ Tn PM. NHC LetChrth (Train the Trdiner) PM. Chapman ch1thbk Tn PM- The Cbildwick Tn PM- The Follett Tn( PM. The Frank lAtChfld Charitsble Tn PM- The Shattly Foundation Mis- Donations from drop.in meditation (4313) (13.563) {4313) (13563) 1,5(Kl 2.0(N) 10.0 750 4.OLNJ 1.5 io,(KK) 750 3.OiX) 1.088 7.790 (l J50) (705) (262) 7,085 446 10,000 GP. Assurd GP. tAchworth Quakffls GP. Mercer5 Company GP- North Hens Distyic¢ Council (Health twualities FU1) GP- Valiant Tntst io.( (876) 115,OCK)) 5,424 15.(K 61.874 (35.807) 26,067 TOTAL FUNDS 719.455 (748.641) {29.186) Building - NHDC Community Facililie5 Capital PrOjts Funditi8 s¢1¢.. These fimd& received from North H¢rts District CounciL wff¢ received in 2020 10 cover tbe cost of re-paving a lar8e part of th¢ C¢ntre's intern&1 road systa Buildirn8. the V#li8nt thritable Trust fiJ$ enabled us widen the entratttt to our cl&ssroom building and ¢0 instsll nKJdernid toilets prDvidoJ ade access for puyle with di5abilitie5. Builditig- VCSE Energy EffiCieY se1. Thtse fimd5 enabkd the upBrnding of th? heating and iUl&tIon in the buildings arnl the pty¢lwe and itLStallation of solupanel5. Growirtg Pei)pk. fvnd a¢c(Kmts for i0C arml ¢xwhlityre io the year noi relating to otlr restrithd grants for Growing Peopl Counselling. Arnold Clark ComTThmity FuThl: This ebled to refillbish Toon ID our lJJildtnB5 foT the provision of couns¢lling sessions. Positive MovemeDt'. North Herts CouKil (Letchworth Area Committee). This grant wasgiven lo wid¢rwTite part of the cost of deliverin8 a Train Tyaittl for PM tutor5. Positive Movement: The Chapman aMrittbl¢ Tnrt These fim(L8 Thrre ititellded to support the delivery of Positive Movemeni sessions in Hertfordshire. Page 20 continued...
THE SADIE CEThiE TO THE FIN srATEME FOR THE YEAR ENDED 31 JULY 2925 tSnlled 16. MOVEMEIYT IN FUNDS- ¢onthiued P¢)siiiv¢ Mov¢mem: The Follett Tr Thi5 donation was intrrmled to S74Wt the dire£t ¢05ts of deliYerin8 th¢ Positive Moveme. The Ftank Litchfield C1witsble TrugL This graDt wa5 made to suPrn th¢ dIrl Costs of delivering the pro8ramme in Hertfordshirt. Positive Mov¢ment.' The Shanly These fu Thrre intended to SuNrt the delivery of Posiiiv¢ GrowiDg P¢opk: Aswra. This gTant w&$ to conthTrMtse to the ¢ost of runni a SiDgle session of horti11 tpY (i.e. IA day). he]d wtekly over 12 Growing People.. North Hens Districi Council IHtslth Iwlllitits Fu). This awird was n]ade support the work of our knni¢ulwral theropy prograts. Growlng People: The Valiani Tnrt This given to supp)rt the WO of our horticultunl th¢rapy programme. in schools. 17. RELATED PARTY DISCLOSURES The chaTity operates frotn buildin8s leased from CalnLStsttLS Limiiei a norninee Company of which the C¢ntre's Direcior is a director sbaTelk)]der. The le states rent of £82.800 should be ¢haTged but Company has, as a gesruTr of gIdWill. only clwged £36.( dmtiB the 8 Iwnth 1{KI to 31 MaTcb 2025 (2024 . 1] y £42.426). Page21