THE LINCOLNSFIELDS CEI NTRE LIMITED ANNUAL REPORT AND UNAUDrrED fi INANCIAL STATEMENTS FOR THE YEAR EM)ED 31 MARCH 2024 Com Re Istradon No: 2105182 Chllrl Re Istratlon No: 298392 land and Wales
TIIE LINCOLNSFIELDS cEiYfRE LIMITED Legal and adrnini$trativ# inforrnation Trustees, report Ind¢pendent examiner's report Statement of Finan¢ial Activities BHlanc¢ Slieel Note5 to tbe financial Stat¢m¢nts 9-14
THE LINCOLNSFIELDS cEiYfRE LIMrrED LEGAL AIYD ADMINISTRATIVK INFORMATION Directon and Trustees B Lintiegar M Finburgh J Treves-Brown P Knight O Knight L Casey Regl8tered Offlee 29 Lincolnsfields Bushey HaIl Drive Buthey Herls WD23 2ES Charity Number 298392 Compally Number 2105182 (En8land and Wales) Independent Examlner Mr Satish Parmar FCCA SVP Asgociates Limited Chart¢r¢d C¢rtifi¢d AG¢ountants 8 Brackendale Grove Harpenden HertfoTdshire ALS 3EJ
THEI LINCOLTrISFIELDS CENTRE LIM]TLD Trustt¢s' Re llleludln Directors, Re ort for the ear ended l Mar¢h 2024 Tlie trustces pr¢5¢11t their report and financial statements for th¢ year cnd¢d 31 Marcli 2024. Tb¢ fllw]cial statements have been prepared in accordance with the accouttting policies Set out irt not¢ I to the finali¢1 statements and Comply with the charity's memorandum and arti¢les of asso¢ia¢ion, the Comp£mi¢s Act 2006 and ' Accoiinting and Repoi1ing by Charities: Statenient of RecomMld Practice applicable to charities preparing their accounts in accordance wlih the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland (FRS E(r2)" (UB amended for &ClInting periods conunencing fron l January 2016). As a company limited by gliaralltee, registered al Companies Hoiw and also as a registered charity Th¢ Lincolnsfields Celltre Limiled is gov¢rn¢d by a board of directors who also act as the Ch'ity,8 trustee5, The board is responsible for the Stewardship and governance of the ccntres activities and the fonniilatiort and m(ynitoriTrg of the centres strategio obj¢clive8. The trustees are &180 directors of th¢ Lincolnsfileds Flayzon¢ Liinited, a private limited company, wholly Osvned by the The LinGolnsfi¢lds Centre Lirniled, for the purpose of tITr8 88 a commercial company in suppoi't of the Charity. The board hereby presents its annual reporl ind the fmancial statements for the year ended 31 Mv4rch 2024. Objectives fdnd Aetlvltles The ¢hariÈy's object and its principal activity continuas lo be that of providing affordabl¢ holid8ys, respite care and re8id¢ntial fllItIeS for gioup8 alld organisations dealing with children and young peopla aiid tho provision of educaÉioiTrl facilities. The facilities are u8ed for spiritual weelceiids and algo for gmup bookings for spIte Gar¢. The charity is. orglIed so that the Tru8*es ineet regularly to manage it8 affairs. There is one fLdl time Children's Services Manager and a Financial Manager, who both nmnage the day to day administration of the charity. alld the effective use of all resources. The remaining 8taffs ale ernployed in administLXtive roles, childrell's ediication i'oles and general maintenance of the OundS and biiilding8. Where possible thc Iru5tee8 have beoii as8lSting with (lay to day odrninistratioJ4 maiLlt¢nance and the WW2 project. The trustees have paid due regwd lo gLiidance issued by tho Charity Con]mission in deciding what activities the cRLaTity Bhould undertake. Developmen14 A¢tlvttl¢$ and achlevemellt durlng the year Another successful year but with challenges mainly the cost of living crises and shortage ofvolunteer8. Staff alld volLintsers still working hard and are doirAg a great job that Inak th¢ centi'e succes8fv1. Tho 811e 18 running ok with tlie new staff member fiitin8 in and doing a good job. Spires p.k 16 now fully oociipied and has cause issue8 with the new residents thinking they have the right to complain abou¢ oiir operations which we hav¢ had to deal with taking time and resoiirces. Also making claim8 about damage lo their cars on our a¢¢ess road that the developer has on th¢ii' not follow¢d through agre¢mfflits to upgrade and we have been repairing iDad al ow expense still looking for wg¢yS of enforcing the agreementg.
THE LINCOLNSFIELDS CEiYfRE LIMITED Trustees, Re lllcludln Dlrectors, Re ror th¢ ear ended 31 MAYch 2024 Sam¢ ¢omiThJiiily groups on site Still waiting for neKt lea8es while we try to sort of the legal issiie8. Resid¢ntial c¢ntr¢ still proving popular but 80mo groups are baving issi*s witb the ¢08t of living ¢ri8es we are working to Iceep our prioes reasonable and looking for any groups to fill gaps with 80me success, 81 john's ambulance using centi'e for i'egional training events. The Children @ war projert is still running well with lots of repeat CU8lomrrs but s¢ill affethed by the cost of Ilving Gri5es and a limited nuinb¢r of volunt¢¢rs that we are aotively rUitIng for more with sorne sUeSS. The fortiag experience (publio opening) had its best year yet doiibling average number of visitors per moiilh, use of social media by th¢ volunteers widened the visitor bas¢ who on¢¢ visited often retLuned brirtg oih¢rs. Another year recoveriiig frotn the Pandellllr shut down 811 LinGolnsfi¢lds ntr¢ projt5 OpeTaling but we lost some volunteers and we are looking to replace them and had some siiccess. We have also lost som¢ long standing st&ff who we have replac1, we also the chance to reorgani8e how we operate. The statT and voliinteers have Work hard to great effeGt to get us up and running and w¢ thank R¢sidential ¢entre is operating well and lot groups are making use of it, most of the gmups from before the pand¢mio have r¢turned althougb with the Cost of ILving crisi5 some groups are questioning the Cost, which wilh 8oine increases we bkve tried to keep down. Children @ war project is r¢wv¢ring well with lots of interest both the day visils and r¢sid¢ntial. A8ain big reliance on volunteers which we will have to be kept in mind and ¢very chwice of recruiting will be taken. Forli&s Experience open and operating once every month and is v¢ry popular with ¢verybody from older p¢ople to younger people. A couple of volunteer8 have been mdkinE the most of social ndia to promots the public openings to great suGg$ with d1b1¢ th¢ nwnb¢r p¢ople &tt¢nding this yeai. than w¢ usuatly get from an average of approximatdy 70 people we got in otber years to Ibis year an aver&ge of130 people per day. Open days rely on the volunteers who make the experience special but again we need to recruit more. We have kept tlie cost th¢ same Siflce the project started and we are Iwking at rnising Ibe price5 a limited mount later on in Ibe year after we decidd how we OiEanise tbe pi'ice rise &nd the sigt]&ge. website etc. Facilities mat]agement, DeaLing witb iueS with fbe home owners of the new housillg estale oftell but not exclusive to the Condition of our accGs8 road (Ivhich they use). L(K)kitig at tryillg to enforce the agreements between us and the developers of the liousing estate and the golf Co'se. Organised l'oad repairs al our cost to keep them safe look to recover costs. Still working on the new le88es and weements for the leaseholders of our unused buildings, r¢vi¢wed Lyjnditions of buildings and started a program of repairs to the outside of t&e builditw and the roofs at our cost8 to ensure they are usable into the futiire.
COLNS RI LIM projeot l¢ompony Ihat Lln¢oln¥fiold¥ l¢)ok o¥, and fund¢d 11)# rofurbisbm¢nt &nd orghbl8lOTh Buppnrt it¥ day duy op¥ralion wllh otw future profit comiJ)g lo th¢ 1110]n8r1eId8. It woi'kii)g w#ll and getiÉng popiilar and18 Jheatty repald fLthditi¥ wepiil ith.Tho fiitiir¢ lo(&8 good wrtinu to Inor¢fi$e usR86 while ke¢ping ty)ntrol of thts ¢0gt4 r¢ornito)¢nt of 8laff and is R foous as w¢U a8 dtalit)8 with ibe legal istMr tbe site hLlY oomlllg to a Comthl011 s( The Eff¢¢ts of th¢ Covld-19 PandemlG Ukn ev¢ryon¢ el84 wo hav¢nol bEen to the cff¢ot8 trftbe world around us, A8 W.10(7 ID wevious year8, mDllltalneAI a Ii¢filihy fu)wifji&l poslilim tht0v1t tho pfin(bmiA wltli Ilie uld of governmoiit backed lofills, goverwilrt grants and the prud¢nGo ¢XQLoised by dirwl'ors. R¢vlt)v The St&tOlttinÉ of17inanoidl A¢livltl¢B show& a sui'plua foi tho yortr of £19,702 (2023 deficit £81,321), At th¢ year end t) n¢t ¢wJont &et¥ stood at £921,984 (2022 - £902,282) of whith of £411,475 (2013 . £378,L74. The tru81¢ 4OJ8ldffj' a r¢8¢rvo Lt thls l¥vd 8E]ould ensiirv diaL in Ilio ovejit of 81gnlflt drop lu I¢) th¢y 1[ be uble lo continu¢ tho ¢]JHrlty's GUL'lWt aGUvlll¥s whll¥ conslderailbii1¥ 8lv¢n to IY8}ll wliioh lldditiobal ll8 may bffs tal$ed, Undor tE]o nwwatKlum xnd 'tIC]eS of as8ociatio the ClillY hfis tlie power to nThke iny liiv¢slment, wldch the tru8¢vo8 806 fit. The tL'Ust9 rep5)rt Ih&t th¢ro Ai'g ¢urMitly no rn{l8 &vailhblfr fw knvttBltntTrt it Iht8 tlm¢.as_fvnd8 an.beiiw..&et. tt5ids.for. repftir¥.Iild.imi'0vfjnII5.tO.. tbo prthspA...In. the..eyt of i)Mknnl fitnd8 0)[[78 t[vlLb]e th¢ Bonrd WUI 8ovk apprnDrl&to ¢xp¢rt fftdvlco. Tho charity ts IL cornpany goV,ed by ily M¢moi'hndutn 1¢]¥9 of A8sooinlion m)d it is lithitPAI by All ditevtors of t1 ¢ompany are klso tt'usteos oltho Qbarlty, attd thoro18 a membwhip compri8ed of olhor Inthe4. The In¢& nllmBd page 2 Jwved duriD8 the year. The Butwd ha8 tho puwpA' to ppoInt d(lJ(iOJJHI os it. coll&ld¢rs fit to do 80, Nono oYtht tnist0 has b¢nefjciul in th¢ ¢oMpHny. The ¢badty18 uoverjied by Director8, with die H88i8tan¢o of tThlla8W8 vojuntoors inember8. Tho tru¥tw' rH>Drt was approved by Iho Board of TIre¥S B Llnnts8Mr 'rruste¢ Datod: A8110f2O24
THCI L COL IELDS CE TRE LIMII'KD INDEPEI NDENT E( XAMINEI RS REPORT TO THCI TRUSTEI S Ob" I'HL LINCOLNSFIELDS ENT E LIMITEID l Teport to the trustees on iny ¢xaminatioJ] of tbe Fll]&ncial statements of The Liiicolnsfield Centre Ltmited (the charity) for the y¢ai ¢ndcd 31 M<TriclI 2024, Responsibilities and basls of report As thc trustees of th¢ chaiily (and also its directors for the purposes of COMp]Y law) you are respoiisible for the preparation of the fiiiancial stateLnents accordance with tlie requir¢m¢nts of the CoiJpanies Act 2006 (the 2006 A¢t), Having satisfied inyself that the financial st&tements of tlie cbarity are noe required lo be audited under Part 16 of the 2006 Act and are eligible for ind¢p¢nd¢nt examination, I report in r¢sp¢¢t of my examiiiatioii of the ch'ity,8 finanGi&I 5tateni¢nts cairied out under section 145 of the Ciwities Act 2011 (the 2011 Act). Ill carrying out my exajnination I have followed all the applicable Diiections given by the Charity Commissioii under sectioi) 145(5) of the 2011 Act. Independent examlner's gtatement Since the cliarity's iiicome exceeded £250,000 your examiner niust be a tneinber of a body listed iii section 145 of the 2011 Act. I confii'ni tliat I am a qU11r1ed to uiidertake the exainination because I am a iiienibei of ACCA which is one of the listed bodies. I have coinpleted rny examination. I confirm tliat no matter5 have coi]]e to Iiiy attention in connectioii witli the exni1]atl0n giving iiie cause to believe thal iii any mafrTial respect- -accountiiig records were not kepl in respect of the cli'1ty as required by seGlion 386 of the 2006 Act- or -the financial statenients do not accoTd with tliose records. or -the finunciJl statements do nol comply witli die accouiiti1 requii'einents of section 396 of the 2006 Act other than aiiy rgquiremeiits Ihal Ilie accounts give a true and fair view which is not a nTrttei' Coiisidered as pait of an iiidepciident exainiiiation,. or -the fil1¢1a1 statements have Llot bc¢n pi'¢par¢d in accordaiico with the mcthod8 aiid principl¢s of the Stat'emeiit of Recommendcd Practi¢¢ foi &w)untins and r¢porting by Charities appllcable to chaTitie5 preparing their &¢¢ount8 in accordance with the Financial Reporting Standard applicable in tbc UK and Republi¢ of Irel&tJd (FRS 102), I have no conrerns have come a088 no otlier inatter8 in wjmection with the examinal'ion to whicli attentioi) should bc driiwn in this r¢port in ordor to enable a piop¢i undorst#nding of the financial strdt¢inents to b¢ rea¢h¢d. Satish Parinar FCCA SVP A0ClaS Certified Accour)tant8 8 Braclcendale Grove, I-I¥ll'pcndeii, I-ILI'ts AL5 3EJ Dated: 1811012024
E LINCOLNSFIII LDS CENTRE LIMITED STATEMETr4T OF FINANCIAL ACTIVITIES LUDif+lC IN D EXPII NDI NDED 31 MARCH 2024 2024 2023 Notes Restricted Unrestricted fia$ funds Totsl Total Income from: Fund raising ventures Donations Intere8t received 477,801 107 2,148 477,801 107 2,148 455,790 959 485 Total Income 480.056 480.056 457,234 Ex endlture on: Direct Charitable Exp&diture 415,138 415,138 489,254 ManagemerLt expenditure 44,808 44,808 49,209 Corporation tax 408 408 92 YDl#l resources expellded 460,354 460,354 538,555 N¢¢ ill¢omtngl(outgoing) r¢sourc¢s 19,702 19,702 {81,321) ridS balance at l April 2023 902,282 902,282 983,603 Fulld8 balallces wt 31 March 2024 921,984 921,984 902,282 The statement of fttLinei81 llctivftties includes all gains and los TOgnISed in the year. ALL income and expenditiwe derive from continuing actsvities, Th¢ StatennI of finan¢ial aotiviti¢s also compli¢s with the r¢quirein¢nts foi. an income and expfflidiknm'e accfflwt under the Companies Act 2006.
THII LINCOL 2024 2023 Nol¢B lryxe(l u&4¢18 Tanglblo assets 432,262 501772 Currellt n80eti Stuok Debiorn C'ftslL Nt bllnk und 9110 128,947 411,475 980 95,S42 338,174 io S41,4th2 434,696 Cr¢dltoi'¥; pthounle flllllttg (luo wlthlrt one yefir li 51,680 35.180 Nel ¢iiYMIl MJ¢ts 489,722 3991 Total n8$ets le88 turrtttt Il#bllltl¢s 902282 921,984 902282 Illlnd ikni&811'ict¢d fuiid8 R8811'icto 13 13 921,984 921,984 9,282 The ¢ompany 1$ to the ¢xthryJilon 1118 4udlt TeqUlrnJml ¢onts11{l In 1[0 477 of thts Comp&niw Act 2006, for th¢ yCAronded 31 2024. Tho diffok)1i 4¢JknovAg¢ thetr r¢&poii8ibiliil¢s for oomplyiDB with thowuiiwnenlB of (bD ConyllnioBAot 2006 with ¥pr4t fo a¢tsOuiitln8JYrdfj ond dK4preparatiott of flttattciol slaivinonl rwJmbm hwe Jiot ¢¢wir1 Ilio CDmpDny to obtaln uullt of its fillano181 £wnIs foi. tho y0oi' In qiioiilon J a0£(1dn0Ili S¢11) 476. finynotal st4len)gn(B IiaYab0v ppxI In wlth thG provl8lon8 &ppliLablo to ¢onwo11i¢s iub,j¢ot to 11 4nwll cbiKpw)1¢8reglth¢, Tha {[natla1 tmonts woto appwwd by theYN¥lee¥ oil A8111)12024 LiniiBg8T- Dtr¢otor
THE LINCOLNSFJEI ) CENTRE LIMrrED Notes to the flnanclal stAtement5 for the ear ended 31 March 2024 l. Accountlng pollc1¢8 Charity Informatlon The Lincolnsfield C¢ntr¢ Limited is a private cojnpany limited by 8U8raul¢¢ IncoordI¢d in England and Wales. The rIstered office is 29 Lincolnsfileds. Bushey Hall Driv¢, Bushey. Herls WD23 2ES Aeeountlng Conventlon The financial statements have been prepared in accordance with the ¢harity'8 memorandum and articles of association, th¢ Co]npanies Act 2006 and "Accounting and Reporting by Charities., Statement of ReCoLeftded Practice appli¢&bl¢ to Chariti preparing their accounts in accordance with the Financial Reporting Slandaid Applicable in tlie UK and Republic of Ireland {FRS 102 (As amended f. accouiiting pGrioas oommencing from l January 20L6). The charity is a Pitslic Beneflt Entity a8 defed by FRS 102, The charity has talcen advantag¢ of th¢ provisions in th¢ SORP for charities applying FRS 102 Update Bulletin I nol to ppare a Stat¢m¢nt of Cash Flows. The financial Statements have b¢¢n prepared uiider tlie historical cost convention. The principal accounting policies adopted al Set out below. Golng Concern At the tin of 8pproving th¢ financial statements, the Trustees con8idtsr that there are no material uncertainties about the charitable CoMpY'S ability to continue as a going concern. Tbe trustees do not nsid¢r th8t th¢r¢ are any 80urc¢s of estimalioii unc&1ntY at the repoiling date that have a sigllificant Lisk of causing R material adjiistment to the cgrrying aMOtE O'F assets and liabililles within the next roporting period. Ineome Voluntsry income ld donations ar¢ illclud¢d in incoming resouwe8 wh¢n they are rec¢ivable, except when th¢ donors 8pecAfy tlwi they USt be used in futle accoiillting periods or doiiors, conditions have not be fijlfilled, then the income ig deferred. The iiicom¢ from fundraising venturcs is shown gross, with the S80Giated costs included in fundraisi Costs. Expendlture R¢sourc¢s ¢xpend¢d are includcd in the Statellnt of Financial Actlvities on an accruals basi5, inclusive of any VAT, which cannot be recovered. Operoting leases Rentals applicable to operating leases are cl]arg to the Statement of Pinanoial Activities over the period they Are in¢urred, Tanglble (Ixed assets Depreciation is provided OL) all twigible fjxed assets at rates calculated to writ¢ off th¢ cost oil & straigh¢ line basis overth¢ir 6xpt¢d weful e¢onomic lives as follow8.. Equipment Freehold Propei'ty - 20 0/0 per allu Straight line basis - 40/0 por annum Straight line basis
THEI LINCOLNSFllI LDS CENTRE LIMITEI D Note5 to the aceounts f4)f the e&r ended 31 Mareh 2024 l.[1 xpendlture on management alld &dmini&tration of th¢ chatlly Administr&tion ¢xpenditure includes all expenditLwe not directly related to the charitablc aolivity or fLmdraising ventt)res. This includes costs of i'ut)ning oifice premis, staff salari¢s for administrative staff and audit fe08. 2024 2023 2. Actlvltles for gellerAtlng funds ChildtEll'5 Centre Income Relll of surplus prop¢rty 1940,8 House Income Childr¢n at War Day visits Management lees iscellaneous Incom¢ 183,799 124,235 8,463 30.180 127,941 3,183 173,687 122,142 8.834 30,036 116,279 4,812 477,801 455,790 3. Dlrecl. charitable expenditure A¢tivity Premises costs Staff costs DepreGiationlprofii on disposal 13,355 120,768 204.383 76,632 13,718 203,974 185.500 86,062 415,138 489.254 4. Management expendltur¢ Office rent and seryices AG¢ountancy fee Odier administi'ative c05t 19,660 2,250 22,898 33,205 2,250 13,754 44,808 49,209 5. Surplus for the year The surplus of illcom¢ over expenditure is stated after charging.. Depreciation of tangible fix¢d assets - owned by the chatity A¢¢oimtancy f 76,632 2,250 86,062 2,250 -io-
THE LINCOLNsfi IEI LDS CENfREI LIMrrED Notss to tli¢ *eeollnts for the ear ended 31 MAreh 2024 6. St&ff costs No rarnuneration was paid to tru8te¢s in Ibe year. nor was ally expellses reimbursed to them. The 81aff costs of the ren)aining staff were: 2024 2023 Wages and salarles So¢ial security co815 P¢nsion 193,047 8,789 2,547 173,133 9,700 2,667 204,383 185,500 The ava'age weekly number of staff employ¢4 ¢ll1ated as full timo equivalents during the year was as follows.. 2024 2023 Direct charitable work Administrative 20 20 7. Trust¢¢S None of the truste&s {or any peTSOll rollnted with Ihein) ce1Ved any r¢mwiaOll or bellefits from the charity during the year. 8. Taxatton The charity 18 oxeiript from taxation on its activiti because all it8 income 18 applied for charitable putyoses. ii.
THE LINCOLNSFIELDS CE TRCI LtMIT]GD Not t& the Vdccounts for the ear ended 31 March 2024 9. Tangible a$$¢ts Equipment Frcehold Fixtures & Property fitting8 Tot Cost At l April 2023 Additions Disposals 1,745,313 292,742 2.038,055 6,122 6,122 (186,617) (186,6E7) At 31 March 2024 1,745,313 112,247 1,857,560 Depreelatlon At l April 2023 Charge for the year Disposa18 1,269.339 69,813 265.944 1,535.283 6,819 76,632 (186,617) (186,617) At 31 Marcli 2024 1,339,152 86,146 1,425,298 Trlel Bool( Value8 Ai 31 March 2024 406.161 26,101 432,262 At 31 Mch 2023 475,974 26,798 502,772 2024 2023 10. D¢b¢ors Trad¢ DebtDrs Vat recoverable Amoullt8 owed by siibsidiary und¢rtakin8S Othth. Debtors 33,723 32,931 4,707 56.429 1.475 93.814 1,410 128.947 95.542 -12-
THE LINCOLNSFIELDS CEwfRE LIMITED Notes to the #¢eounts for the ear ended 31 MArch 2024 2024 2023 11. Crediton: Imounts falllng due wlthln one year Otl)¢r tax¢s and soGi&l wurity Trade creditors Corporation tax Accruals Other creditors and Defetted Income 14,193 5,164 408 2.950 28,965 5,787 136 10,947 18,316 51,680 35.186 Bank LA)an is Secur by a fed and floating charge. 10. Analysis of llet Assets between funds UDre5tricled General Fund Restricted Income Fund Total Tangible red a55ets Net cTertt assets Long la'm liabilities 432,262 489,722 432,262 489.722 921.984 921,984 11. Reeonclllii tlon of movement funds Restricted Unr¢8tri¢ted Total Net surplus for tbe year 19,702 19.702 N¢t movemen15 in the fund5 for the year 19,702 19,702 Total Funds,, Broiigbt forward 902,282 902.282 Cai'ried Forward 921,984 921,984 11. RelY4ted party tran8aitlon$ Llneolniflelds Playzone Ltd The LincolnsfIelds Centre Ltd receives management f¢es for the us¢ oFits assets by tbe SubsidiFITy, A fee contiiiues lo be paid by 8aid 8ubsAdiary during the year. Only if a financial loss is to occur. siich management would not be paid. ManagLment fces for 2024 £127,941 (2023 £116,279). -13-
THE LINCOLNSFllli LDS CEI TrITRE LIMITEI D Notes to the nts for the eAr ended 31 March 2024 12. Sub81dlarle5 The tJnanci81 stslements are 8eparato chaTlty financial stAt¢m¢nts fDr Th¢ Lincolnsfilas C¢nlre Limited Details of the subsidiaries at 31 March 2024 are as follow8.. Nanie of the UndertukinE Class of Shares held R¢g18tered Office Nature of the BusiJJesS /0 Held Lincolnsfileds Palyzon¢ Lid land Pl&yzone Activities for Children Ordinary Sh&res loo -14-
THE LINCOLNSFILLDS CCI NT4 LIMITED DelAII of Income and x enditure for the eAr ended 31 March 2024 2024 2023 Income ActivitieslHire Donations TnteiEst Received 477,801 I07 2,148 455,790 959 485 480,056 457234 Kxpense5 Wages and salaries Pension Ral¢s arAd Wat¢ Repairs and nTrintenance Comput¢r Maintena¢ Cleaning and laundry lllsurance Trav¢1 Stationeryladvertising Telephone and postsge Outings/activitie5 Heating and lighting Loaii interest Ac¢ountan¢y Fees Legal ]d professional fees Bank charges AdVlisIng Corporation tax 201,836 2,547 5,657 40,638 6,412 16,314 23,416 2,008 3,348 7,219 13.354 54.403 182,S33 2,667 6,287 140,046 8,591 10,882 15,894 673 1,117 5,089 13,899 57,228 iio 2,250 2.805 1,183 847 92 1250 2,641 1,271 408 383,722 452,493 Profit before Depreciation 96,334 4,741 Depreciation 76.632 86.062 N¢t (defLCit) for the year 19.702 (81,321) -15-