Charity number: 515412 Company numb8r: 01790507 (England and Wales) The Unlty Centr8 Llmited Report of tha Trustees and Audited Financial Statements For the year ended 31 March 2024 Iilhewitts chartered certifred accountants The Unity Centre Limited Contents Page For the year ended 31 March 2024 Repc¥t of th6 TnBtees 1to3 Repc*t ￿ th& Audllor8 4t05 Statement d Flnanclal Activith?S Ststement of Financlal Position )tes io ts Financial Statements 8t013 The Unity Centre Limited Report of the Trustees For Ihe year ended 31 March 2024 Thè Trusle6s. who arè also dréetor8 fc* Ihè wrposès of company law, havè ￿eaSure in prÉ$éntlng Ih6ir rèport and Ihg flnanclal 81at8m6nls for thè Charitab￿ conwany fc¢ thè year ￿d6￿ 31 M8¢ch 2024. Th& Trus16é8 have athplèd Ihe provlsions d Accounthg and Reporting ty Ch8rities.' Statement ￿ Recommer￿ed Pract'cè appllcablé to tharttles prÈp8rkng thelr 8¢COLM)ts in accordance with th& Financlal Reporting Slandafd applicable in thè UK and th8 Républic of keland {FRS 1021 lèffÉctNe 1 January 20151. 08JECTIVES AND ACTivmES Prwxlpal acllvlliès Thè prlnclpal ￿tl￿tY and objècts of thé Conwany during Iha year under revK8W, in linè wllh It8 conslilution. conllnued S) tr thè ¢xe81ion crf employmènt vi8 èst8bli$hmént of small busin68s, log&lhèr with the provision of nursery and gymn8sIL# tscllltl88 b provide 88rvic8s to all, 8$pecially th8 unemployed and dèprivéd of the City of Shéffidd. a¢liMt tkning thè year, lh8 Charity has contnU8d to fO￿S cl) the improvèment cl Its ov*811 facllitles. It has also contlnued to provide tho empbym6nt creation and tr8iryng crf Ihe LY)errployed. The gymnasium provided Iow-COSt f8clili8s fLY all, parts'cularty those on bw incom88 unwag6d. The in addition to providing high quallty seNicas to th6 hard-wOr￿ng famllies of Sheffidd has comnitt6d to Ihe training and dèveloW￿t of I￿gh-qualitY nursery staff. During thi8 y8&, A C A Bevis {Chairl and N Mocye (Nursary Manager) bolh fel ill and dred on the 15th aTh1 271h of January 2024, respèclivety. The nwsery, gymnasium end other facilities conlinu6d to qJtral6 as nomial under th6 supervision of the Deputy rsery Manager S Lewls who 18 now Nursery Manager. The Chair¥ rol6 ha8 been takèn over ty L Skiwar-Bevi& staten￿t on publ1¢ bènaflt Thè trustw have constdered th6 Charity Commision's guldance on pthllc bwfil, Induding fha guldancè bublic benefit.. runnlng a Charity (PB2)'. ACHIEVEMENTS AND PERFORMANCE Slgnlficant actlvltlos During thé ye8r the Charity has prO￿ded public benefit by con801id8ting the prov18[￿ cl its Sèrv￿8 8fKI Continuing to wovkle hlgh qually tralnlng Facllilles have been madé available trj hard working familes, the unwaged d￿Ved dlizens crf Sheffield FINANCIAL REVEW Th8 fèsLMI8 for th8 year are sel pag& 6. Ro••rves As 81 tha balancè sheet date Ihè CharFty had uw6stitted re9￿6s amounting kn £467.754. 2023. £542.899and the Directors and Trustees will pursue poiicies designed b further consolidate Ih&se in futtre year& Thèy consKler tha yéar PaS8ed as m86ting Charitabia requFrement8. The nel operaliig dèfidt amounted to (£75,145). 2023- £20,472. Tha Directors and Trust￿$ consid6r it prudwjt to hohj l￿restrIctlv8 rÉ86rves equival6nl to approxinaléty twenty four month$ 6xpen(&turè to Wolecl thè Charity against a fall in revenu66, and Ilw wil continue I) work tow*ds Ills (l)￿¢11Ve. However, a￿S 8nd rwvaIKM￿ d tha property have beèn needod fcK soma yews and the tr￿%108S have taken the declsion t* wcfk tow*ts the Lpkeep of the pryrty over the nèxt few years, resulting Ml Ihls yoars deficit. They will work knward8 Ihe rovival of Th Unity Centre Ltd wélhwt compromising tha Charlly's plans. Risks The Tru8le&s have raV￿we￿ and identif￿d Ma￿ dsks to the Charity *d have é81abll$hed 8yStems to nNligatè their tsnpacl. the p08ilion cl th8 Charily Is regularly reviewed by management and steps we laken as rewired to react lo chan￿$ In ¢rcum81ances. 8TRUCTURE,GOVERNANCEANDMANAGEMENT Gov•mlng docum8nt Thè Compary is Ilmltèd try Gwaranlea and the liablllly of Ihe m8n*ers is Imlled $3 £1 èaclx It Is govemed ty 118 Memorandum & Articb$ of A88ociaknn and by a Con$tilutlorL Organlsallonal 8tructt¥e The Truslèes ovtrsee the operation of the c￿ltY wllh managèment békng d8vcAved the DY8ctors to 8 m8nag&ment SIr￿utUre headed ty L Skpper-Bevis t1781 1$ rèsponsible for lh8 day to day running d the Ch8ri1y. Rdaled partles In the opinium cl thè Tru81@es there ¥e no COThoperatlve relalbnship8 with otsr organlsations. The Unity Centre Limited Report of the Trustees Continued For Ihe year ended 31 March 2024 REFERENCE AND ADMINISTRATIVE WFORMATION Name ol Charlly Charlty r￿stratI1)n number Company reLlstratlon numbor Prln¢lpal addr9•8 The Unlly Centr8 Llnlled 515412 01790507 85 Bole Hill Road Walkl$y Sheffl8ld S6 50D Tru81008 Irustees and offkers serving thrirwJ the year and slnce the year end wwe as fL4knv8.' W Bolton L Skipp6r-Bevis K Bower J B Morrlsc R J Whartcrf) Secrat•y L Skipper-Bevls Au(¥tor S Mauriclo 78 Barber Road Sheffidd S10 1EE BarfKer8 HSBC Pic RESPONSIBIUTIES (F THE TRUSTEES Trust68$ ￿ are 8t80 th￿1(¥$ fcr th8 purposes ol Co￿)*nY law, *e r88ponslbl8 for praparlno th8 Raport of the Tnjstees and th8 financlal State￿￿18 kn aCcCfda￿ wth applicable law and United Klngdom Ac¢ountlng Standards Iunlted Klng(lorn Generally Acwted Accolmting Practic61. The TrL&%tees &e rewlred lo fin8nd81 statements for e&h financi81 yew whkh glve a tru8 and fak v18w of tho 8tale of affars of tho charitable company and of the incomlng rèscwces arKI applkatlm of resoLrce$ of the eharllabte conpany for Ihal perlod In prep8rkng those financial slatements, the trustees *e requlr6d ltr. - 8ei8Ct 8uilxble 8CCLxJntlng poIc￿5 axl th8n apply them con8i8lenlly: - observe the melhods ￿ prlnciples in the charities SORP,. - make judg8ments and estimates that aé rea$onable and prudent: state whether applicable UK aCco￿tIng &t¥Klards and statements of recommend sY8clre have be￿ followéd, ￿bjeCt any departwes thsck)sed and explained in the fln2ncial Statements., - preparé the financial 8tatements on a going concem basls unless ￿ Is h)approprkle trj presLwne that Ihls bss18 appli•s. The Trustees are responsikA8 for keeKthg proper 8¢¢ounting rec(Tds whi¢h rfisdose wilh rea8(￿￿>1¢ accLracy al any trne lh8 financial positi￿ of tl* charlt¥kn￿ company and enabl8 Ihem to ensure that the financial slatern￿ts Cornply wllh th8 Compani&s Act 2006. Th8y are also rosponslble ftr safegu8rdng tho assets of tho charitabl6 ¢C￿panY and hence for te*ing re880nat4e s* fcy the preventth and delecknn ￿ fraud and olhor kregularilies. In 80 far as the Trustees are 8war Ihere ts no rdevant Informalkjn, being inf(xmallcn needed ty the audtor In connection th prep*ing the* repor( of wh￿h the audtcfls LThW8rq and th8 trustees have tthen all steps thal they ought to hav8 taken to make It￿selveS aw&0 d ary rdevant al￿11 Snformat and to estaulsh that lh8 *Jditor$ aware of that informattofL .,L, LimitL,d r¥d crfTnEtees siwed ￿ ils bthalf 03 December 2024 L SkFper4evis L) LLtsh) . AIA Indeptndent Audltor's Report To the T.rusteos of The Unity Celltre Limited Report on the Audlt of the Financial Statements Oplnion W¢ h&ve audited the financifil st&tements of The Unity Ccntre Limit¢d (the 'fharity'J for th¢ y￿r ended March 31, 2024. Th¢8¢ financial $tat¢m¢nts ¢ompris¢ th¢ statement of fin￿¢[&] position as of t]Mt dat4 and the $tat¢m¢ttt of financial activities (includlng income @nd expenditure account). 8t0 notes to the fi#ancial statwnEnt4 includitig a Summary of 3ignifi¢ant ac40unting policics. In our opinlon, the aecompanylng fiDaneÉal sÉatement8 present fairly, In all mat¢rial re8p¢cts, the financial posfition of the Charity as of March 31, 2024, and its fin&neiAI performance and fits cash flows for the year then ended In *ceordAnce with InttrnationAI Finandal Reporting StandArds {IFRSs1 Basig for Opinion We conducttd our audit in a¢cordanee with International Standards on Auditing aSAsl. respon8ibiliti¢s under It￿e standards furth2r Ife5cribed in the "Auditor's Responsibilities fly the Audit of the FiMncittl Ststements" section of thi% reFQrt We aff indep¢ndent of the Charity in ac