Charlty number.. 515412 Company number.. 01790507 (England and Wales) The Unity Cenlre Limited Report of the Trustees and Audited Fin8ncial Stslemenls For the year ended 31 March 2023
The Unity Centre Limited Contents Page For the year ended 31 March 2023 Report of th8 Trustees 1103 Report of th8 Auditors 4t05 Slatement of Flnanc#al Actiwlies Statement of FInan81 Position Note8 lo the F*nancial Statements 8t012
Th8 Unity Centre Limited Report of the Trustees For the year ended 31 March 2023 The Trustees, Trwho are also directors for th6 pumoses ol company law, have pleasure in presenting their report and the flnandal statem8nls for the charitable company for the year ended 31 March 2023. The Trustees have adopted the prOS1OnS of Accounllng and Reporting by Charfties.. Statemeni of Recommended Practice applie8ble to charitiÈs preparing their accounts Sn 8co)rdanc* wlth the Financial ReFthing Standard applicable in the UK 8nd the Republlc of Irdand IFRS 102118ffg¢Uve l January 20151. OBJECTIVES ANO ACTIVITIES PrinpaI actpwti8$ Th8 prinupal a¢tivity end objects of the Company during the y8ar under review, in line wlth its constitulion, Contlnued to be the cr881ion of employment wa thè establishment of small buslng85. tog&iher with the provislon of nursery and gymnaslum facilities lo provide servic8s lo all, 88pedally the unemployed 8nd deprived of Ihg City of Sheffield. Rewew of act5ties rSng the year, the Charfty has continu to focus on the improvement of ils overall fadlides. It has also cont4nued to provide for the employmènt creation and training of the unernoyd. The gymn•sium provided IOW-COSI facilities for all, Particularfy those on low incomes or the unwaged. The nursery in addon lo providlng high quality services lo the hard-wo1na famlli8s of Sheffield has commilt6d to the training and development of high-quallly nursery stsff. It 18 to be noted, that shortty after the year erKI. A C A BlS (Chairl and N Moore (Nursery Manager) bath fell ill and dled on the 15th and 27th of January 2024, respethiv81y. Statem&nt oth publlc benofft The trustees have considered the Chsrity Comrnision's guidance on public benefit, ifjcluding the guidance 'public benefit.. running 8 charity IPB21'. ACHIEVEMENTS AND PERFORMANCE Slgniflcant acllvltlos During the year the Charity has provided public benefit by Consolidating the prov15ion of its services and ¢onlinuing to provid8 high quality training. Fa¢illll6s have been made avallab5e to hard wothng familie8, the unwaged and deprNe(I citizens of Sh8ffield. FINANCIAL REVIEW The rosults f the year ar8 set out on pago 5. Re8èrveJ AS at the balanc8 sheet date the Charity had unrestricted r8serves amounting to E542,89912022- £522,427) 8nd the Directors and Trustees wlll FyJr3uÈ policies de51gned to fijrther consdidatÈ these In future years. They consider the year passed 88 meeting the thaAtable reouirements. The net operating surplus amounted to £20.472 12022- £47,4591. The Direciors and Trustees consider it prudent to hold unrestricbve reserves equivalent to approximately Iwenty four months expenditure ta proled the Charity against a fall In r8venue5, and U)ey will Continue trj Wts towards thi5 objectlve. They are 81s0 mindful of the ¢onslant need for repairs 8ntt renovab'ons of th8 property, without compromising th8 Charitys plan8. Rlsks Th8 Trusta88 have revaew8d and Id8nUfled major rSsks to the Charfty and hava èstablished syst6ms to mitigat8 their impact. the position of the Charity is regurtY revlewed by management and sleps are iaken as r@quStsd lo r&aci lo ch8nges in circumstances. STRVCTURE, GOVERNANCE AND MANAGEMENT G¢)vernlng document Th& Company 15 limited by guarsntee 8nd thé liability of the MeInr8 Is limited to £1 e8th. It is govemed by ils Memorandum & Atticies ofAssoaation and by a Constitulon. OrganisatK)nal structure Th8 TruBt888 oversee the op8rab.vn of th& CharSly wllh management being devdved wa the Dlrectors to a management strucuture headed by L Skipper-Bevis that is reSponsie for Ihe d8y to day running olthe Charity. R91at8d partles In the opinium of the Trustèès there are no cts(wraliv8 relationships wth othgr org8ni8ations. REFERENCE AND ADMINISTRATIVE INFORMATION 1of12
The Unity Centre Limited Report of th8 Trustees ContinLJed For the year ended 31 March 2023 Name ol Charlty Charfty r6gl$tt4tion numb•r Company rell15tratlon number Ptlnclpal addr888 The Unity C8nlre Llmiled 515412 01790s07 85 Bole Hill Road Walkley Sheffi8ld S6 5DD Tru8tevd The tru$te8s and offlcers semng during Ihe year 8nd Since the year end We 95 follow$.' W Bdlo Trwst¢e5 The trustees and officers sawing during the year and 5inr Ihe year end were as fdlows.. J 8ro(l(e ACABevis L Skipp8r-B8ViS Secretary L Sklpper-Bevl$ Audltor S Mauricio 78 Bath8r Road Sh8ffield S101&E 8ankeFs HSBC PIC RESPONSIBILITIES OF THE TRUSTEES The Trustees, Nvho are 81so directors lor the purpose5 of company law, are responsible for preparing the Report of the Trustees and the finanaal slaternents 8¢cordance with apjicable law and United Kingdom Accounting Standards IUnit8d Kingdom Gonorally ApIed Afitsng Praclic&l. Tlle Trustees are required to prepare financlal statements for each fin8nc+al year which givo & true and fair view of the state of aff8lrs of the ¢harit8ble company 4nd of the in(yxnlnu SoUrceS and appli¢alion of resourcES of th8 charitable company for that perfod. In preparing those financial ststements. Ihe trustees are quired to.. seleet surtable accounts'ng PDlicles and then apply them ¢on%8tenty. - observe th8 methods and principl8s in the ch8rikne5 SORP., - make judgerD8nts and estlmates that are rpa80nable and pNdent'. state whether applicable UK a¢¢ounting standards and Statements of recomrnend practice have been followed, sul'ect lo any departur85 disc105ed and explained In the financial ststements.. and prepare th8 flnandal stslgtnenls on 8 going ton¢em basi8 unless rt is Inappropriat8 Lo psUme that thls basis applies. The Truste8s are reSponsie for keeping proper aceountSng r8cords whith disclose wilh reasonable acajracy al any lim8 th financial p05ilion of the charltable company and enable them to ensur6 that th8 finanoal statement$ comply ¥Yilh the Companie8 Act 2006. They are 81$0 responslble for safeguarding the as58t5 of the ¢haritsbl8 company 8nd hence for taking reasonable Steps for the wev8ntion and detection offraud gnd otr Irregularities. In $0 far as the Trusl88s are aware.. ther8 Is no relev8nl Inform8tion, being Inf(malion needod by the audltor in ne¢ton with preparing their report, of whl the auditor is unaware., and thtr ISte@S have taken all steps that they ou9ht to have taken to make themselve5 aware of any relevant audit Nf(xTh8tion and to estab115h that the auditors are aware of that Infomiation. 2of12
The Unlly Centre Limited Report of the Trustee5 Continued For the year ended 31 March 2023 Approved by the Board of Trustees and slgned on its behav by L SkSpper-BevL8 28 May 2024 3of12
Independ¢DIAuditorfs Report To the Trn8tees of The United C¢Mtre Limlted Report on tb¢ Audit of the FlnaDeial Ststements Opinio We have audited th¢ financial statements ofThe United Centre Limit¢d (the'Ch8rity") for the . y¢ar endcd Mereh 31, 2023. These fitw]Oi81 statements comprise th¢ statem¢TLt of f]ntsncial position a8 of that date. a1 the stat¢ment of fillanciai activitles {includin8 income aud exp¢nditure a¢couttt). alld notcsto the financial stthn)ents. including a sun]mary of Significallt aeeounting rM)li¢ie& In our opfinion, th¢ ateompaDyitig finAneiai 8¢temtnts pre9etti flrly• In all mAteri81 respec tht 0¢1A1 POBition of the Charity Ag of Mr¢h 31, 2023, its flllatttigl p¢rfonDaDe¢ its ¢aBh flows for the year th¢ll ended in a¢cordanc¢ with International FiDtIl RepOrtIR Stgndards (IFRSJ). Btsi8 for Opinion We ¢onducted our audit in acCordce with Internalional Standards on Auditing {ISAs). Our iesp)nsibi]iti¢s under those standards are fither desLYibed in the "Audiiorfs Resp¢)nsihilities for th¢Audit of the Filwiciai Statemeht8" section of this report. We indendent of the Chwity in aordance with th¢ relevant ¢thical standgxth have fiJlfiUoJ tsur other ethical r¢sFwibililie& We b¢lieve the audst evidence obtained is sufficient and appropriatr to support our opiniotL K¢yAdit Mtter8 We have not identified any key audil matters io communicate in ow report. Rewniibllities of MaDgem¢nt Th08t Cbarged with Governallee for tbe FIDan¢ial State]¥eJ Managem¢nt is resKA)lblc for preparing 4nd fairly presenting the fan¢1 stat¢m¢llts in rdau¢e with IFRSS, and fOrnltainIng eff¢ctive intorn81 colltrol over fin8n¢ia] reporting. 78 Barber Rood Sheffield SIO IEE 114 AIA v.dobd-tax.co.vk emoil.. vmottis@global-tox.co.uk 4¢f12
Those charyed wÉth 8overnBnee areresponsible for overseeing the Charity's fla1 porting proc¢s& Audiknr's ReBpowibllilie$ for theANdit of the Finn¢knl Sts¢¢ments Our i)bjectives are io obtsin rea%)nable assur&nc¢ alx)U¢ whether the finaneial $tatements as a . WI1¢ are fre¢ from misstatem( and to issue an auditr>r's Tey)rt that ineludeg our opinion. Reasonable 85SW8nce is a higb l¢vel of &8$WAt, but Is not a guarantee that an audit will always de¢t a mat¢xial misslAtemeM. We perfornied proeedures to assess the risks 0£ material misstatemenl and d¢sigtted and performed furtber procedures in respons¢ to ttKs¢ risk%. We ¢valuated the approwiatene5s of untingpoli¢iesus¢dandthe reasonablenessofaccounting ¢stimates and relatrd disclosures We concIled lhe Chatity b&8 a reasonable b&sis for using th¢ going ¢oncan basis of counting. We con]municated with those ¢hat8ed with govenhan¢e Te8ardillg the seope and fiThJiTW of the audi( including any sIlf1¢ant deficiencies in int¢mal control. Solni Mauri¢ioACCAIMAAT Clobal T Vmgtt 24 Spf 12
The Unity Centre Limited Statement of Financial Activities {including Income and Expendilure Account) Continued For the year ended 31 March 2023 Notes Llnre8tricted funds 2022 Income and endowments from.. Donations and18gacies Chadtable acllvities Totsl 46,866 943,406 1.040,187 t.040,187 990.272 Expendlture on.. haritable aclvilies Total 415 11.019,7151 11.019.715) 1948.8131 1948,8131 Not Incom• 20,472 Reconciliation of fund6 Total fund5 brought f(Mward Total funds carrlèd forwatd 41,459 522,427 S42,899 480.968 522,427 60112
Reglstered Number.. 017507 Th8 Unity Centre Limited Stslemenl of Financial Position As at 31 March 2023 Notes 2023 2022 Flxed as50ts Taryqible assets 122,432 129,472 Curreht a8$ets Debtors ash at bank and In hand t22,432 129,472 10 23,IK>7 412,134 43S,141 114,6741 7,422 405.591 413.013 120.0581 Ciodltors.. amounts falllng du& wltlun one year NÈt cuttent a56ets Total 818ets 1058 current Ilabllltl88 420,467 S42,899 392.955 522,427 Nel assets 542,899 522,427 Th¢ funds of tho ¢harlty Unrestricted incom& funds Total funds 12 542,899 S42,899 522,427 For the year ended 31 March 2023the ¢ompany was enuled to exemption frorn audll under seclon 477 of the CornpaTh8$ Act 2006 relating to small compani&5. 522.427 The members h8ve not required the ¢ompany to obtain an sudlt of its accounts for lh8 year in qstiOn aGcordance with section 476, The tiust88s acknowledge thdr rgsponsiknlilies for complwno MAth the requiremenis of the Act with SPect lo accounting cords and the prep2ration of 8ccounts. Those accounts have been prepared accordance with the prowsions applica& to companie5 subjèct to the small cfyMpani88' regime. The fin8n(ial statement We approved and aulhorised for issue by the Board and slgned on its behalf by.. W Bolton Tnjslee 28 May 2024 7of 12
The Unity Centre Limited Notes lo the Financial Statements For the year ended 31 March 2023 1. Aceountlng PollcFoB Ba51s of a¢eountJng The fin8ncial slaleTn8nl$ have been pT8p&(l under the historical cost conv8ntion. except for Investments which are includ&d al marf(et value and the revaluation of certaln fiK&d a55els and in accordance with the Ch8rili8s SORP IFRS 1021'Aecounling and Reporting by Charities". Stat9mgnt of Recomm8nded Practice applieable to charities preparing their ac¢ounl8 in accordan Ihe Financi81 Reporting Stsndard applScabl8 in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20151,, Finantial Reporting Standard 102 the Financial Reporting Stsndard applicable in the UK and R8publlc of Ireland IFRS 1021, and the Charities Aci 2011. The Unity C8nlre Limited m&8ts the definition of 8 public benefit anlity undèr FRS 102. Ass61s and liabilitK8S are initially recognlsed al historical cost or transacllon valu8 unless olhewse stated in the relevant acwunting pollcy notelsl. GoFng conegrn The company has suffici6nt cash raswves to be consid8red a going conc8m. In¢¢Jmlng resource$ l incoming resources are included in the Slal8m6nt of flnandal activities wh8n the Charfty Is enbued to the Sncome and the amount can b& quantlfied ¥frith reasonable accuracy. The followlno sp8¢lfic wlici88 are applied lo particular categories of Incom8'. Income from inveslments Is induded in the year in which it is recelvable. R86011tces &xpend8d Liqbililies are recognl8ed os r8SDuree5 expended when there is a I1 Dr ¢on5truclive obligslion cornrnitling thè Chatity to the expendltur8. Expenditure Indude8 any VAT whith e8nnot be fully recovered, 8nd18 reported as part of the expenditure lo which il relales. Cost5 Ot gener4tlng funds Cost of generating funds comprise the cost offundralslng includSng the Charills nursery and gymnasium. Cha¥rtabl• activit86 Charftable expenditure comrrtises those cost5 incurred by th8 Charity in the delivery of Its activitles and sarkryces for its beneficiaries. It includes both costs that Gan be allocated and thosa ¢051s of an indirect nature nece8sary lo support Ihem. Toxa¢lon The Charittys activiiles fall thin th8 èxemptions afforded by the provislDllS of the Income and Corporation Taxes Act 1988. Accordingly there is no taxatbn charge in these ac(x)unts. Tangible as80ts Tangible fixed assets, olher than Iroehold land, ar8 staled 81 Cost or valuation less depreciation and any rKovlsion for Impaimient. D8preciation 1$ provided at rates calculated to writ8 off the cost orvalu81ion of fiKed assets. less th estlFnated resldual value, over their expected useful liv83 On Ihts fdlo*ing ba&s'. Land and Buildings Leasehold Properties Ott)ertangible 8888ts Straight line Over the life of the lease Straight line 15% Redu¢lno balance 8of12
The Unity Centre Limited Notes lo the Finan(ial Statements Continued For the year ended 31 March 2023 2. In¢om8 from donatlons and legacle5 2023 2022 Grants reTrived 46,866 46,866 3. Incomè trom charftablo activit188 2023 2022 Unrestrlctod funds Nursery Nursery Gymnèsium Gymnasium Lic&n¢& fees r&ceiv6d 987,129 903,969 47,848 34,227 Licenc8 fees r8c8ivod 5,210 5,2fO 1,040,187 943.406 4. Costs of eharftable a¢tlvltlès by fund typ8 2023 2022 Unrestricted funds Nursery GyrnnasluTll Other 889,942 45,958 83.815 811.512 59,281 78,020 1.019,715 948.813 S. C05t8 of eharltablè activitl&ts by actlvity type 2023 2022 Activltits undertaken dlre¢tly Nursery Gymnasium Othgr 889.942 11.512 59,281 78,020 45,958 83,815 1,019,715 948,813 9of12
The Unity Centre Limited Notes to the Financial Statements Conts'nued For the year ended 31 March 2023 6. Net In¢omell•xpendlturel for the year This Is staled after chargingllcreditirvJl'. 2023 2022 Depreciation of owned flxed assets TnJslees' remuneratv)n 7,944 26.738 8,227 23,641 7. Stsff costs and amolumonts Tot81 slaff costs for the year 8nd8d 31 March 2023 were.. 2023 2022 Salaiies and wages 796,368 730,497 796,366 730,497 2023 2022 Average number of employe88 74 69 74 8. ComporatlvÈ for the Statement of Flnanclal Actlvfit10$ The CoMparave year vglues on the Stat8ment of Financial Acbvites are for unr951ricted funds. 9. TAngibl8 flxtd a88ets Land an Bulldln9S Cost or valuotion Flxiurè$ and Flttlng8 TotAI At 01 April 2022 Additn3 At 31 March 2023 &)6.574 214,691 904 721.265 506,574 215.595 722,169 Depreciatlon Al 01 April 2022 Charg8 for year At 31 March 2023 Net book v8lue8 392,g37 198,858 591,793 5,433 398,370 2,511 201,367 599,737 At 31 Mar¢h 2023 108,204 14.228 122,432 At a1 March 2022 113.637 18835 129,472 10of12
The Unity Centre Limited Notes to the Financial Slalements Continued Forthe year ended 31 March 2023 10. Dobtor8 2023 2022 Amount$ due wtthon on• year. Trade debtors Prepayments and acawed income 14.463 8,544 3,571 3,851 23,007 7.422 11. Crodttors: amoutlts falling due wlthln ono yèar 2023 2022 Trade ¢reditor8 Other creditors Accwals and dèferred int(xne 2.335 5,735 6,604 6,578 5,684 7,796 f4,674 20,058 12. Moveméht In funds Unrestrleted Funds Balanc• at In¢omlng r850urcè$ Outgolng Yes•ur¢es Balance al 3110312023 0110412022 Gefty@ral General 522.427 1,040,187 11,019.7151 542.899 S22,427 1,040,187 11.019,7151 542.899 Unre8trfcted Funds. Previous year Balance at 0110412021 Incomlng ro8ource5 Outgolng Balanee at 3110312022 Genéral General 480,968 990.272 1948,8131 522,427 480.968 590.272 1918,813} 522.427 Purpose of unr8tstrlcted Funds Gen8fal The General Fund is held for the furtherance of the Chariles Chatable oblecllve8. 11 of 12
The Unity Centre Limited Detailed Statement of Financial Activities For the year ended 31 March 2023 13. Analys of net a8set$ belweeo fund$ Tanglblfr flxed aB66ts Mel Current Net Asset Llnr85ts1et?d fijnds General GBneral 122,432 420.467 542.899 122.432 420,467 542,899 Prevlous ye8r Tangible NBt currènt Net AssétA lliabl1¥sl Unrestrlcted funds Genor81 General 129,472 392,955 522,427 129.472 392,955 522,427 14. Company Ilmlted by guarant88 Th& Unty Centre Llmit8d is a company limh8d by guarantee 8c¢ordlngly d$ not h8v& a share c8pItsI. 12of 12 This page do86 not fonn part of the ststutory financial stst8ment6