Charity number: 515412 Company number: 01790507 (England and Wales) The Unity Centre Limited Report of the Trustees and Audited Financial Statements For the year ended 31 March 2025 The Unity Centre Limited Contents Page For the year ended 31 March 2025 |Report of the Trustees|1 to 3| |---|---| |Report of the Auditors|4 to 5| |Statement of Financial Activities|6| |Statement of Financial Position|7| |Notes to the Financial Statements|8 to 13| ## The Unity Centre Limited Report of the Trustees For the year ended 31 March 2025 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2025. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015). ## **OBJECTIVES AND ACTIVITIES** Principal activities The principal activity and objects of the Company during the year under review, in line with its constitution, continued to be the creation of employment via the establishment of small business, together with the provision of nursery and gymnasium facilities to provide services to all, especially the unemployed and deprived of the City of Sheffield. ## Review of activities During the year, the Charity has continued to focus on the improvement of its overall facilities. It has also continued to provide for the employment creation and training of the unemployed. The gymnasium provided low-cost facilities for all, particularly those on low incomes or the unwaged. The nursery in addition to providing high quality services to the hard-working families of Sheffield has committed to the training and development of high-quality nursery staff. S Lewis remains Nursery Manager and the Chairs role remains to be L SkipperBevis. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** During the year the Charity has provided public benefit by consolidating the provision of its services and continuing to provide high quality training. Facilities have been made available to hard working families, the unwaged and deprived citizens of Sheffield. ## **FINANCIAL REVIEW** The results for the year are set out on page 5. ## **Reserves** As at the balance sheet date the Charity had unrestricted reserves amounting to £526,157, 2024 - £467,754 and the Directors and Trustees will pursue policies designed to further consolidate these in future years. They consider the year passed as meeting the charitable requirements. The net operating surplus amounted to £58,338, 2024 - (£75,145). The Directors and Trustees consider it prudent to hold unrestrictive reserves equivalent to approximately twelve months expenditure to protect the Charity against a fall in revenues, and they will continue to work towards this objective. However, repairs and renovations of the property have been needed for some years and therefore the trustees have taken the decision to work towards the upkeep of the property over the next few years. They will work towards the revival of The Unity Centre Ltd without compromising the Charity's plans. ## Risks The Trustees have reviewed and identified major risks to the Charity and have established systems to mitigate their impact. the position of the Charity is regularly reviewed by management and steps are taken as required to react to changes in circumstances. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Company is limited by guarantee and the liability of the members is limited to £1 each. It is governed by its Memorandum & Articles of Association and by a Constitution. ## Organisational structure The Trustees oversee the operation of the Charity with management being devolved via the Directors to a management strucuture headed by L Skipper-Bevis that is responsible for the day to day running of the Charity. ## Related parties In the opinium of the Trustees there are no co-operative relationships with other organisations. 1 The Unity Centre Limited Report of the Trustees Continued For the year ended 31 March 2025 ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** The Unity Centre Limited **Charity registration number** 515412 **Company registration number** 01790507 **Principal address** 85 Bole Hill Road Walkley Sheffield S6 5DD ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Secretary** **Auditor** W Bolton L Skipper-Bevis K Bower (Appointed: 28 August 2024) J B Morrison (Appointed: 28 August 2024) R J Wharton (Appointed: 28 August 2024) L Skipper-Bevis S Mauricio 78 Barber Road Sheffield S10 1EE 2 The Unity Centre Limited Report of the Trustees Continued For the year ended 31 March 2025 ## **Bankers** HSBC Plc ## **RESPONSIBILITIES OF THE TRUSTEES** The Trustees, who are also directors for the purposes of company law, are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for that period. In preparing those financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK accounting standards and statements of recommend practice have been followed, subject to any departures disclosed and explained in the financial statements; and - prepare the financial statements on a going concern basis unless it is inappropriate to presume that this basis applies. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware: - there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the auditor is unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. Approved by the Board of Trustees and signed on its behalf by ............................................................................ L Skipper-Bevis 12 November 2025 3 4 5 ## The Unity Centre Limited ## Statement of Financial Activities (including Income and Expenditure Account) Continued For the year ended 31 March 2025 |**Notes**
**Income and endowments from:**
Charitable activities
2
Other income
3
**Total**
**Expenditure on:**
Charitable activities
4/5
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
1,195,389
149
**1,195,538**
(1,137,200)
**(1,137,200)**
**58,338**
467,819
**526,157**|**2024**
**£**
1,034,536
-| |---|---|---| |||**1,034,536**| |||(1,109,681)| |||**(1,109,681)**| |||**(75,145)**
542,899| |||**467,754**| 6 Registered Number : 01790507 ## The Unity Centre Limited Statement of Financial Position As at 31 March 2025 ||**Notes**|**2025**|**2024**| |---|---|---|---| |||**£**|**£**| |**Fixed assets**|||| |Tangible assets|10|118,595|121,979| |||**118,595**|**121,979**| |**Current assets**|||| |Debtors|11|8,882|11,488| |Cash at bank and in hand||419,679|360,232| |||**428,561**|**371,720**| |**Creditors: amounts falling due within one year**|12|(20,999)|(25,945)| |**Net current assets**||**407,562**|**345,775**| |**Total assets less current liabilities**||**526,157**|**467,754**| |**Net assets**||**526,157**|**467,754**| |**The funds of the charity**|||| |Unrestricted income funds|13|526,157|467,754| |**Total funds**||**526,157**|**467,754**| For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting - records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: K Bower Trustee 12 November 2025 7 The Unity Centre Limited Notes to the Financial Statements For the year ended 31 March 2025 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. The Unity Centre Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** The company has sufficient cash reserves to be considered a going concern. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Income from investments is included in the year in which it is receivable. ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. ## **Costs of generating funds** Cost of generating funds comprise the cost of fundraising including the Charity's nursery and gymnasium. ## **Charitable activites** Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated and those costs of an indirect nature necessary to support them. ## **Taxation** The Charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly there is no taxation charge in these accounts. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Land and Buildings Leasehold Properties Other tangible assets 2% Straight line Over the life of the lease Straight line 15% Reducing balance 8 The Unity Centre Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 ## **2. Income from charitable activities** ||**2025**|**2024**| |---|---|---| ||**£**|**£**| |**Unrestricted funds**||| |_Nursery_||| |Nursery|1,148,072|981,200| |_Gymnasium_||| |Gymnasium|41,926|48,126| |_Licence fees received_||| |Licence fees received|5,391|5,210| ||**1,195,389**|**1,034,536**| |**ther income**||| ||**2025**|**2024**| ||**£**|**£**| |**Unrestricted funds**||| |Bank interest received|149|-| ||**149**|**-**| |**osts of charitable activities by fund type**||| ||**2025**|**2024**| ||**£**|**£**| |**Unrestricted funds**||| |Nursery|975,215|924,949| |Gymnasium|44,429|39,589| |Other|115,056|137,843| |Support costs|2,500|7,300| ||**1,137,200**|**1,109,681**| |**osts of charitable activities by activity type**||| ||**2025**|**2024**| ||**£**|**£**| |**Activities undertaken directly**||| |Nursery|975,215|924,949| |Gymnasium|44,429|39,589| |Other|117,556|145,143| ||**1,137,200**|**1,109,681**| ## **3. Other income** ## **4. Costs of charitable activities by fund type** ## **5. Costs of charitable activities by activity type** 9 The Unity Centre Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 ## **6. Analysis of support costs** |**nalysis of support costs**||| |---|---|---| |Governance costs
**et income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Examiner's fees
Trustees' remuneration
**taff costs and emoluments**
Total staff costs for the year ended 31 March 2025 were:
Salaries and wages
Average number of employees|**2025**
**£**
2,500
**2025**
**£**
9,185
2,500
39,352
**2025**
**£**
869,732
**869,732**
**2025**
65
**65**|**2024**
**£**
7,300
**2024**
**£**
8,823
7,300
37,744| |||**2024**
**£**
794,807| |||**794,807**| |||**2024**
74| |||**74**| ## **7. Net income/(expenditure) for the year** ## **8. Staff costs and emoluments** ## **9. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. 10 ## The Unity Centre Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 ## **10. Tangible fixed assets** |**Cost or valuation**
At 01 April 2024
Additions
At 31 March 2025
**Depreciation**
At 01 April 2024
Charge for year
At 31 March 2025
**Net book values**
At 31 March 2025
At 31 March 2024
**Debtors**
**Amounts due within one year:**
Trade debtors
Prepayments and accrued income
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income|**Land and**
**Buildings**
**£**
506,574
-
**506,574**
403,803
5,433
**409,236**
**97,338**
**102,771**|**Fixtures and**
**Fittings**
**£**
223,965
5,800
**229,765**
204,757
3,751
**208,508**
**21,257**
**19,208**
**2025**
**£**
5,044
3,838
**8,882**
**2025**
**£**
2,726
9,689
8,584
**20,999**|**Total**
**£**
730,539
5,800| |---|---|---|---| ||||**736,339**| ||||608,560
9,184| ||||**617,744**| ||||**118,595**| ||||**121,979**| ||||**2024**
**£**
7,322
4,166| ||||**11,488**| ||||**2024**
**£**
632
6,679
18,634| ||||**25,945**| ## **11. Debtors** ## **12. Creditors: amounts falling due within one year** 11 The Unity Centre Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 ## **13. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/04/2024**|**resources**|**resources**|**31/03/2025**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|467,819|1,195,538|(1,137,200)|526,157| ||**467,819**|**1,195,538**|**(1,137,200)**|**526,157**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/04/2023**|**resources**|**resources**|**31/03/2024**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|542,899|1,034,536|(1,109,681)|467,754| ||**542,899**|**1,034,536**|**(1,109,681)**|**467,754**| ## **Purpose of unrestricted Funds** ## General The General Fund is held for the furtherance of the Charities charitable objectives. ## **14. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
118,595
407,562
526,157| |---|---| ||**118,595**
**407,562**
**526,157**| 12 ## The Unity Centre Limited Detailed Statement of Financial Activities For the year ended 31 March 2025 ## **Previous year** ||**Tangible**|**Net current**|**Net Assets**| |---|---|---|---| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|121,979|345,775|467,754| ||**121,979**|**345,775**|**467,754**| ## **15. Company limited by guarantee** The Unity Centre Limited is a company limited by guarantee and accordingly does not have a share capital. 13 This page does not form part of the statutory financial statements