WADDINGTON STREET CENTRE LTD (REGIgfERED NUMBER: 02330506) REPORT OF THE TRusfBFS FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purposes of the Companies Ael 2006, preseni their report with the f￿RAci41 stalem¢nls of the charity for the y¢ar ended 31 March 2024. The tnislees have adopted the pi'ovisions of Accounting and R¢porting by Charities: Statemenl of Re￿rnmended Practic¢ applicable to charitie5 preparing their accoiinls in a¢cordanc¢ with th¢ Financial R¢porting Standard applicable in the UK and Republic of treland (FRS 102) (eff¢¢tiYe l January 2019). $TRvcfuRE, GQVERNANCE AND MANAGEMENT Gov¢rnlng dotumenl Th¢ charity is ¢ontroll¢d by its Bov¢rnin8 do¢um¢nL 4 of In￿￿ And ¢onstitute$ e ljmlied oomp?ny, limil¢d by 8U41'8iilee, 15 d¢firy¢d by the Companic5 Act 2006. REfrRTNCC AND ADMINISTRATIVE DETAIiS Re8l$tpred Cofftpany numb¢r 02330506 (En8laDd and Wil¢$) Bfi15ler¢d ChAklly numbpr 701514 R¢8li¢pr¢(l ofnot j WBddin81gn Slr•¢t uThaiM CIIY DHI 4BQ Trust¢es J F F Roblnson (Chair) J Ds)D (Tr¢èsur¢r) D W Ruslilon [DeP￿ty Ch41r) (r¢signg4 1418r2Q25) K Parker (￿11$ned 2411 Irio23) D R.ippon L Toms P ShipmBn D PIBzey J Lomb (D¢puty Chill) J DodsoTh E BR¢khou51 (appojni¢d 221112Q24) CompAnyS¢crelary Blnzey Independ¢DI Exgmlner Payld Holloway BA(hons) FCA DChA PMT Rib¢heslers A¢coiinlanls Bnd Bu$in¢ss Advisors Flnchale Hoiise Belmonl BuslDus PBrk Durliam DHI ITW Appi'oved by order of th¢ board of Inbsiees on 7 October 2024 and sign¢d oil ils behalf by: &q J F F Robinson- Tnistee Page I INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WADDINCTON STREET CCNTRE LTD (REGISTEREI D NUMBER: 02330S06) Independent exarnlner's report to the trustees ofwAddlngton Sireel Celltre Ltd ('the Con]pany') I report to the charity tn￿te¢S on my examinaiion of the accounts of the Company for th¢ year ended 31 March 2024, Responslbllitles And bajls ofreport As the CharIt￿S tniste¢s of the Company (and also its dir¢¢tOTS for the purposes of company law) you are responsible for the preparation of the accounts in aceordance with th¢ requirem¢nts of the Compani¢s Act 2006 ('the 2006 Act,). HAving satisfied myself rhfjt the ac¢ouniJ of the Company are nol reqylred to be audited under Part 16 ofthe 2006 Acl ond are eligibl¢ f¢br indep¢ndenl ¢xamlnalion. I r¢port In ￿sPeCt of my examin8lion of your ohority3 eccounts ¢aii'ied oiil LIDdei' Se¢llory 145 of lh¢ CharS1S¢s A¢1 2011 ('the 201 l ACV). Iii carrying oiit my ¢xpminolioll I hiv¢ followed th¢ Dlr¢ci5ons 8lv¢n by lh¢ C.h4rily commission linder 8¢clioD 145(5) (b) of th¢ 2011 A¢t, Jnd¢p¢Ddenl •ipmln¢Y'i itHlem¢n¢ Sin¢¢ ygur ghaTrily'S 8ross In¢omi ¢x¢¢¢dfd £23Q,QQQ your ¢xamSo¢r miis¢ be 4 m•mb¢r of o1!il¢d bgdy. l ¢on conllrm Ihftl J BDI qualifigd lo iindirlake rh¢ ¢x•minailon l a.m p m¢rnb¢r gf th¢ IDsliiul¢ of Chirt*r44.AcFounlAr)IS 111 BDsland and Walis, >vhiGh ts of IlJ¢ lis1￿ bodSKs, I hAv¢ Fompl¢l¢d my ¢xJmln415on. l ¢pnfjmi ¢b41 no mgllirs ¢om¢ lo my gtt¢ntlon In ¢pnDty15on with ths i¥•rllin4110118ivins m¢ lo bqlj¢yg.' Ac¢oun!1ry8 r¢cords Iv¢r¢ noi k¢pi in r¢$p¢¢i of lh¢ co￿.P￿DY isqyired by Si¢!Ipn 38fj of thg 200fj Agl; or Ihe JGGoiints dg Dol g¥G9rd wiib !hos¢ i¢rords' or t4¢ 4ccounts do rygt Gomply iv5th lh¢ f4c¢oynlins of 996 gf th$ 2QQfj A¢1 oihlr Ihan •.Try r¢qiiiYe!nint Ibpl lh¢ oc¢911￿0 $!v¢ i Ini¢ ind falT vlily whl¢h is npi a mglllr ¢gnsSflsr¢d 95 PPIt of 911 ind¢p¢nd¢nt xamlnalion. or Ihf o¢¢oiinls bav* nol Pmp￿d In pqwrdanci wilh lh¢ m¢!hgd.s and pplDcipliF of thi Sia!¢nient o_f Re¢om.tD¢ndsd Pr8¢ilce for fi¢coiiiilln8 and reporting by eh8r5ties {8ppliGab!e1g charili¢S pr¢pATin8 Ib¢ir aGcoun15 In 4FGor¢14DFS wji.h l.bl Fln?n¢i41 Ripgnin8 5t4ndar4 fipplic4bl¢ in lh¢ VK and Republ1¢ pf Irsland IPR.S 192)). T have no ¢QDFeFns and hav¢ ¢o.w¢ BFrgk8 no oihir maErers in ￿Q￿oI¢ll0￿ wjih Ibi eiamin4tSon lo whi¥h Onsnilon sbtiul(I b¢ df4iYn In Ih5s rgpon ID prdlr Ip lnfjbli • plo￿r ynd¢rst8n4ln8 of Iljp i¢eeunts w be ￿A¢h$d, Sok David Holloway BA(hons) FCA DChA RMT Rlbch¢sl¢rs FinLhale Holis¢ Belmont BLisin¢ss Park Diii'harn DHI ITW 7 October 2024 Page 2 WADDINGTON sfREET CENTRE LTD ATEMENT OF FINANCIAL ACTIVITIFS FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fimds 2023 Tolal nds Unrestricted funds Restricted fimds Notes INCOMI AND ENDOWMENTS FROM Donation5 and lega¢les 25,527 25,527 20,590 Cl]Arlt#ble activltles Waddin8ton Str¢¢t Resourc¢ C¢nlre Accomodalion Support Waddy F¢el fjood Servir¢ 166,021 62,944 228,965 173,730 41,819 22,090 1,000 I,ooo oih¢r Iradln8 aGilvlii¢s Iny¢5tm¢nl incom 10,288 9,988 19,288 9,988 3,297 Totol 211,824 fj3,944 275,768 263,d3fj IXPENDITURE QN RBisin8 fy.nd$ 7,PQ8 Chgrllgblt ftcljvltles Waddinglon Str¢ol R$s9u￿¢ Qnlre A¢cgmodalion Svppori Waddy F¢¢1 fjood Setvl 258.279 65,009 323,288 279,012 99 7,-563 21,834 TotAI 265,386 72,473 337,839 354,21d riET If4COMEI(IXPEryDITURE) (53.562) 18,529) (62,091) 190,778) RECONClblhTIOY4 OF FUNDS Toigl liinds biou8bt forwftF4 350.866 215,357 3fj6,229 651,QOI TOTAL FUNDS CARRIED FORWARD 206,828 504,132 366,225 The notes foTm part of these financi81 statemenis Pag¢ 3 WADDINGTON sfREET CENTRE LTD (REGISTERED NUMBER: 02330506) BALANCESHEET 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted fwids Restricted fiinds Noies FIXED ASSETS TonsSbl¢ gssels 10 23,655 193,018 216.673 231,472 CURRENT ASSETS l)¢biorJ C8sh ol bank piid In h4nd 18,897 264,303 18.897 278,997 Id,494 379,343 283,4CrfI 14,494 297,89A 9$3,593 CREDITORS Am_o!In!i follSns d!1¢ ivilh5n ODP yiqr 12 (9,749) (636) (l QO35) (-48,8d2) NET CURRENT ASSETS 273,fjJ I 13,808 287,459 J34,751 TQTAL ASSETS LE55 CURRENT LIABILITIE$ 297,306 206,82fj 594,132 56G,22J ET AS$ET$ 297,30fj 296,826 SQ4,132 56fj,223 FVNDS Uryr¢siTicli4 fvndi Risirl¢l¢d fvnd 13 297.39fj 206.826 35Q,86fj 213,357 TQTAb FUND5 594.132 56fj,22? Th¢ ¢hArjiabl¢ ¢ompany 1$ ¢nilll¢d 10 eximptiQD from pudli uyd¢f Si¢llon A77 of tbe Comppnl¢5 A¢1 2006 for thi ¢ndqd 31 Morrh 2024. Th¢ m¢mb¢rs hav¢ noi regvlred Ihi compony lo obi•Sn pry fjudit of finftn¢ial stal¢m¢nls for tbi yior ended 31 MAr¢h 2024 in o¢¢ordan¢¢ wlih S¢¢ilon 476 of thi CompBnlqs Act 200fj. Th¢ trysle¢s o¢knoivled8¢ their r¢sponslbllitl¢i fpi (a) gnJiiring Ihal th¢ charitable ¢ompany k¢¢ps n¢¢ountin8 ricord5 Ih4t ¢omply wilh Se¢ilons 386 and 387 pf Ihe omptLnie5 Act 2006 and (b) prepai'ing financial sfalemenls wh5¢h $iv¢ ll Ini¢ and falr Yi¢w of lh¢ slate of offairs pf lh¢ ¢hari14bl¢ ¢omp8lly fi$ al the end of each finanrial year and of Its siirplus or d¢fi¢li for eacl) financial year in accordRn¢e ivith Ihe ieqiiir¢nients of S¢ciiDn5 394 and 395 Dnd ivhlch oth¢nvis¢ ¢omply wlili Ihe requSrement5 of the Compani¢s A¢t 2006 relailn8 lo financial staiemenis, so far as ftppli¢abl¢ lo lh¢ charitable crfrmpany. Th¢5e flnancial Sthl¢m¢nl$ have been prepar¢d in a¢¢ordan¢e wilh the provisions ¥pplicRble to charitabl¢ companl¢s siibject lo the small conipaDies r¢¥ime. The flThan¢i81 slaieinents were approved by the Board of Trusie¢5 end aull￿rISed for issue on 7 Octpber 2024 and were sigiied on its behHif by.. J.4A£.L J F F Robinson - Triislee The iioles ￿￿rI ofihe5e financial stsiteiiienls Page 4 WADDINGTON STREfT CENTRE LTD NOTFS TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 1024 AccourfriNG POLICIES Basis of preparln¢v the financlal slalements The financial statement5 of the charitabl¢ company, which is a public benefit entity under FRS 102. have been prep￿'¢d in accordance with the Chariti￿ SOF￿ (FRS 102)'Accounting and R¢portlng by Charities.. Statement of Recommended Practice applicable to ¢harilies preparing their accounts in a¢cord4n¢e wiih th¢ Financlal Reportin8 Standard appli¢8ble in the UK and Republic of Ireland (FRS 102) (¢(t¢ctlv¢ l January 2019),, Financial Reporting Stondard 102 The FiDgncial Reporting Siarydard 8pplicabl¢ In the VK and Republi¢ of Irelftnd, and th¢ CoiDpaDies A¢1 20Q6. The finanGial styl¢m¢nts have b¢¢n pr1￿r¢d linder th¢ hislori¢•l ¢osl ¢onv¢ntjon. Ineom¢ All In¢om¢ Is r¢cognise4 In the Slpi¢meni of Fini￿1￿1 A¢tlvi¢i¢s 9ryri Ibi Fharlty hK ¢nlill¢w¢n¢ to IhF fundj, 11 probable Iliat lh¢ SrLfjome will ￿ r¢c¢1V￿ and Ihc 4mowi¢ be.M￿$￿TCd F¢ligbly, Voliintyry Inwme 51 rs¢eiv¢d by WAY of yan.ts Ond donilloni pr¢ inFlud¢d. in fvll In lh¢ Sl•tem¢ni of Yin8n¢lal cllvilles wh¢n tb¢ rherlty bi¢omw iDiiil¢4, fjr4Dl$, whsri ontiilemen! is not ¢gndS1io41l on IhG delivery of a $p¢clfi¢ p¢rf0rw￿ by Ihi ¢h￿l￿, wh¢n Ih.• Fliarity vnFondlllgn#lly sd iip¢ndilur• o¥ soon ￿ the￿ Is i l¢sal gr ¢9I1$tru¢Jllv¢ obll84tlon 00mm5t15￿ Ihg chftrlty lo thal exp¢nditiir4, 511$ pr9bgbl¢ Ibal i Itpnsfer of ¢¢oftomlc b>nifjts wl!I bq rsqulr¢d in $ettleiniDi and the ArnQLinl of lh¢ obllsalion ¢an b¢ m¢ftsvrgd r¢liably. Expendllure Is prcounted for on an pForu•ls bosi$ and hgs b¢¢n classifi¢d Iind$r h¢idln8s ihal aw¢88io ftll ¢osi ￿lI1¢d 19 Ihs ¢8iesory. Whir¢ Gosls ¢onnol Ix dlr¢etly ftttrlbviid lo parfleular b$ading$ Ihsy have b¢en pl1￿41¢d lo 8Fiiviiies on 4 b4515 r￿n￿ls¢¢r$I wilh Ib¢ usi of r¢ipiirvJ. Colts of 8¢nir8ilD$ fiinds compris¢ Ib¢ Fo$ts I51￿5a1¢￿ wilb •ttrAGlln8 volunlgry ID¢om¢ pnd th¢ ¢osli of Iradln& for fiindraSiins PLirpos¢s I￿ludIn$ the ¢h•riVs visltor oenlr¢i ond from lh¢ ¢ommirGIBI Irodlns Acllvjlji of lh¢ companys 5vb$idiary, t)Ire¢l sldff ijosts hav¢ bp¢n io the Aotlvjty cgt¢3prj¢s withln the Sl4l¢mopt of Flnanci41 A¢iiYjli¢s 4¢cordlns lo the staff Ilmq $p¢nl. oih¢r djre¢t cost$ are #llocat¢d o¢¢ordln8 io Ihi acljvity. Support Costs h8v¢ n oPPOrtioned b85¢d on 8n gvera8¢ of 911 staff lim¢ spenl Ibat ¢8nnoi b¢ All￿￿ted spKifi¢illy lo pne aGilvity, harligble ¢xp8ndliiire ¢omprises Ihgs¢ ¢ps15 Inciirred by Ihe ch8rity in th¢ dcllv¢ry of Its f¢¢llvlli¢s and s¢rvic¢s foi, Its b¢nefi¢lnri¢$. li Incliide5 both cos1$ thm Can be allocBied djrrftly ￿ sii¢h 8¢llvltlo$ Ind those Costs of 4n indjrert naNr¢ ne¢¢5sary to sUPPOrt Ihem. Gove1man￿ costs incliide Ihose t051s ?$wci8fed wilh meeliDg th¢ con51ittilionil and 5l8lLilory r¢oiiir¢ments of th¢ charlty llThd include the audit f¢¢5 and cosls linked to th¢ slrntegi¢ ￿)ndS¢l￿eNt of the choi'ity. All costs are gllo¢aled betwe¢n th¢ expeiiditure ¢ategories of the SOFA oil a ba51s desiwied to reflect the us¢ of the i'esoiirce. Costs Telaling lo ? particular activity are allocated dir¢cilyi others ire opportion¢d on AllocRtlon And nppoi'llonmenl of costs All cosls lli'e allocated beliveen Ihe expenditure categories of tl)e Statement of Financial A¢tiviiies on n fi basis desigii¢d lo Ipflect the i￿¢ of the r¢source. Costs relating to a particular aclivity att allo¢&ted directly. oth¢r5 fire 8PPOrtioned on an appropriale basis. Tangible fixed ￿$S¢IS D¢pr¢¢iation is provided at Ilie following annual rate5 in order to write off each asset over its estimated us¢fvl life. PaLpe 5 continued..- WADDINCTON STREET CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS- contit)ued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTINC POLICIES- continued Tmnglble Ilxed gs$ets Freehold property Iniprovem¢nls lo proptrty Plant JTiachjn¢ry Fi%liiTe$ and tlni.n85 C4rovan & m5nlbiks CompLilir •qii5pn)¢nt 2Yy on ¢osl 25Y• on cost - 20% pn ¢051 35Yg on cost 12.5Y0 ¢0¥¢ 33•/p on ¢oJI TAx8llon Th¢ ¢horlty 1$ pA•mpi from wFp9rntio414.¥ Qll 113 GhirSwble ocllvj15*5, Fuipd Ac¢oyntlD UnrnJtrlcl¢d fvndl vi•4 In I￿0[dAn￿ wllh thi ¢hgTftobl¢ Objwll￿5 ai Ihs dis¢FglloD o_f l.h* Iru41111, R¢51rlrl¢d fiind5 9nly for pJ.F1.Ssul￿ IK1￿￿¢$d pyryp5¢1 With5D Ihl obJg¢ts of Ihs ¢h4rSty, R￿£￿911￿n) r1¥9 wb.¢n spic!f5id by Ibi donor pr wh$n fiindi Arl i•i59d for p4.n5GvlAr r¢51ricl¢d PllFpoies.. FLinh¢r ¢Xpl1.￿OI1On of rh• Dilyr¢ •Dd PUFPQ* of 14Gh ￿1)d 51 I￿¢11￿dId lh¢ J)olis lo Illi fj.oanclol s14l¢m¢nli, Hlre pur¢hpse I¢A¥IDg oommllments R¢ni81$ ppld undsr opgr61ins leases 9rs Gharssd lg Ihi sloiimsnl pf Fi0on¢lil Acljvlilgi A $iral¥ht Ilni b•.Ils py¢r Ihs piriod 9f lh* l¢¥¢. P¢nslgn t911J olbgr pgstTr¢¢lr¢m.eDt ben¢llts Thi ¢hirllibl¢ GoiTspa.ny op¢i@i¢s 8 definod ¢oiilribyli9n p¢.nsion s¢hom¢. CpJJlribiiligrsi pgyjtyle lo Ihi ohgF!¢4blg ompjny'i p¢.niipn sFb¢m8 lo Ih Stywmgnt 9f PSn8fjrjal Acliv511¢s ifj the pgi5ofl 19 whl¢h Ihiy rg14ty, t)ONhTIQNS OND LEGACIES 2024 2Q23 Don8lloD¥ 25,527 20,590 OTHER TRADING ACTIVITIES 2024 2923 F4indralsln8 8cIjvjiji$ 19.288 INVESTMENT IPICQME 2024 2Q23 .D¢poslt llccoiit)I In1¢￿51 9,988 3,297 Page 6 coiitiiikned... wADDIN￿rON STREET CENTRE LTD NOTES TO THE FINANCIAL STATEMEt+rrs- continued roR THE YEAR ENDED 31 MARCH 2024 INCOME fROM CHARITABLE AcfiviTIES 2024 2023 Waddington Sir¢et R¢sour¢e Cenlr¢ Waddy Feel Good Service Total a¢tiviti¢s Total activili¢5 Local ouihority funding Oth¢r Incom¢ 149,995 16.026 62,944 149,995 16,026 63,944 173,261 25,702 40,586 I,ooo 228,965 1,000 229,965 239,549 fjrpots yeGe5v¢4, In¢lud¢d In Ihi abovs, ar¢ 0$ follows; 2024 2923 DCC Publi¢ H¢8lih. 2 Cr¢¢ ProJ¢¢ls Pel!ev¢ Hov5ins. S?tsirday¥ Siipport Club PLiih&m County coiin¢ll- Waddy F¢el fjopd Servi Henry Smilh's Ch&r5ty. Y.ASC oiinty Durh4m Spgn. To$eih•i Fund Cy¢ling UK 5h&k¢speire T¢mpsrnn¢¢ TNsi cio FM Lov¢ll Sl Jpmes Charlty Fgun(litlon Qlinty PLiiham Commiipity Foiindalion. Ensa8¢menl offi¢¢r fiinding Piirham Clty KIP. R¢sili¢nc¢ Ind WFllb¢lns Support WorksT fvnd NFIS - HftppinK$5 Hubs fvnd Ptliev¢ Housin$. Valuid Volynl¢¢rs fvp fj,QQg 1,000 8,OQQ 22,000 2,824 1,823 I,QQg 2,909 1,500 35,500 13.000 3,569 63,gAA dO,580 NET INCOMEIIEXPEPIDITURE) Ng1 In¢0m￿(1xpe￿oItvrQ)11 $18l¢d Aft¢r G￿r$In￿(￿reditIn￿. 2024 2023 Depre¢l&tion- owned fissets Hlr¢ of plartl and ma¢hinery Dtficlt on disposil of fiAed 8ss¢ts 18,528 2.162 17,038 1,336 56 Page 7 conlinued... WADDINGTON STREET CENTRE LTD NOTESTO THE FINAf4CIALSTATKMENTS- contlnued FOR THE YEAR ENDED31 MARCH 2024 TRUSTEESI REMUNERATION AND BENEFITS Th¢re were no iruslees, remuneration or other ixnefits for Ihe year ended 31 M4r¢h 2024 nor for the year ended 31 Ma￿h 2023. Trllsl¢os' expens Th¢r¢ iv$re Irusleel ¢xp¢nses pald for th¢ ye4r end¢d 31 March 2024 ngr for lh¢ y¢ftr ¢nd¢4 31 MaT¢lI 2023, STAFF COSTS 2Q24 Wisg> and Sdlprl+JJ Sr)G141 seourlty cos Qib¢r p¢n5iQll ¢9515 216,901 13,319 192,597 9,324 7,468 239,736 2P9,389 Thi gvgr439 monthly Dumb¢r of ¢mp19yiis diiri.ns ih¢ y¢ar waj fis fo119WS: ¢-hariiibl* 0¢15vlllis 202d 2033 Monaspffjinl 19 No imploy¢¢s r¢¢¢l￿d imolum¢nls in ¢xce55 of lfjO,OCrfI. ¢QMPARATIVES FOR TPIE STATEMEIITOF FINANCIAL 4CTIVITIES Unre$tricli4 Rislricted ftiTrds Tolftl fiinds INCQME A14D ENDOWMENT5 FROM -Donitlons ond1¢8a¢li$ 18,956 1,634 20,599 Chprllable acllvlll¢¥ Woddinglon Sir¢¢l R15ourw C¢nlrq A¢¢omodaiion SLippori Waddy Feel Good S¢rvl¢¢ Invesimfjnt In¢om¢ 157,144 Al,819 18,58fj 175.73Q 41,819 22,000 22,QOQ 3,297 3,297 Tol&l 221,216 42,22Q 263,436 EXPENDITURE ON Ch81-11gble n¢livl(le5 W8ddin8lon Sti'eel Resou￿¢ Cenlre Ac¢oinodaiioii Siipport Waddy Feel Good Servi¢e 215,296 53.338 63,746 279,042 53,338 21,834 21,834 Tol41 268.634 85.580 354,214 NCT INCOMU(EXPENDITURE) 147.418) (43,360) (90.778) Page 8 WADDINGTON STREET CENTRE LTD NOTES TO THE FINANCIAL ￿ATEmE[+rrs- contlnued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVFS FOR THE sfATEMENT OF FINANCIAL ACriviTI￿- conllnued Unreslricted Restricled fi￿dS nds Total funds RFCONCILIATION or FUNDS Totil funds brought forward 398,283 258,718 fj57,001 TOTAb FUNDS CARRIED FORWARD 350,865 215,358 566,223 IQ, TANGIBLE FIXEDASSFTS Improv¢m¢n to property Freehold Plinl and ma¢hlnqry A.t l April 2021 Addillons Dispgsa15 43.4192 31,862 50,270 3,130 (36,867) AI ? I MArGb 20Zd 454,d92 31,862 PEPREClhTION ht l April 2023 hrtrg¢ for yiar Eliminated on dlsposftl 229,196 8,688 31,862 (2fj,S67) Al 31 m￿￿1 202A 237,88d 31,$62 21,874 r4ET I)QQK VAbVE Al 31 Mar¢h 2024 196,518 Al 31 Mir¢h 2923 295,206 Flxlur95 ond fjttlny r•von & mln5bi Cgmputer ¢quipm¢nl Tolol CQST Al l AprS12923 AddiiSoiiJ isposal$ 34,514 29,995 20,902 599 601,945 3.729 157,876) (31,009) At 31 Mareh 2024 3,305 29,995 21,5Ql 547,798 DEPRECIATION At l April 2023 Chaige foi. y¢ir Elimin81¢d on disp0581 34,514 9,374 7.499 17.877 1,250 370,473 18,528 (57.876) (31,009) At 31 Mfirch 2024 3,505 16.873 19.127 331,125 NET BOOK VALUE At 31 Marcli 2024 13,122 2,374 216,673 Ai 31 March 2023 20,6?1 3,025 231,472 Phge 9 coniinued.. WADDINGTON STREET CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS- contlnu FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtois Prep&yni¥nl$ 8nd accnjed in¢ome 10,846 8,051 10,636 2,614 18,897 13,250 12, CRKDITQRSI AMQUIITS FALLINO DVE WITHIN ONE YEAR 292d 2Q23 Trade Gred51p 3oGlal iic!Iriiy 91htr lll¥ss D¢f#￿¢d In¢om¢ 3,41_3 4,519 lQ,788 2,503 13, MQVfMEryT IN FUJYDS Ng¢ Transf¢.fS bg!iv¢g11 fvnds m{Jy¢me!!I iii Al 411..4..2) Unrestrl¢l¢d furpds Waddingion Street C"$nl[¢ iirham Sawarjlans 8w5iy (0￿1 gf Hgv.rs) M.inib115 Replo¢¢.men! Fund auilding M4inienaDc¢ Fund Pevslopminl ftnd P8rsonnel Cg$11 IT InfioSlru¢tLir 22fj,211 (¥>,5fjQ) (15,OQQ) 157,651 20,IYJO 29.000 10,000 30,QOO 29,000 63.000 3,QQ9 10,000 359,866 Restrlcted fynds Waddingloii Streot ¢entT¢ Cre¢ Pro)¢c15 H&pplDess Hlibs Fiindjn8 Waddy F¢¢1 Good Servire Cyclin8 IJK CDCF. Fundin8 for Engag¢m¢nt Offl¢¢r VIlLi¢d Voliinie¢rs Fiindin$ 153,560) 297,3Q6 201,506 (8,5d8) 193,018 5,dP7 2,978 2,978 (6,464) (272) 3.251 532 6064 1,823 1,550 3,251 532 2 lJ.357 <8,531) 206,826 TOTAL FVNDS 566,223 (62,091) 5Q4,139 Jave 10 conliiiiied... WADDINGTON STRCET CENTRE LTD NOTfs TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 13. MOVEMENT IN FUNDS- continued Net movement in funds. incliided in the above ar¢ as follows: Inconiing resources Resources expend¢d Movement in fvnds Unreilrleted funds WHdd5n8ton Stre¢1 C¢nlrrt 211,824 (265,384) (53,560) Beslrl¢t¢d fllndj Waddjn81gn Slr¢it Qnlri Cr¢¢ Proje¢ls Happin¢ss Hubj Fvndln8 W8ddy F¢tl Good S¢rvl Diirham AAP MgnlBI Hiiiih PWIII ID¢luslon Cyrllng UK CDCF. Funding for Eniiglmeni OffiG¢r Vft!u¢d Volunt¢¢TS Funding (8,548) (6,008) (1,906) (8,548) (8) 2,978 {6,464) 4,884 I,ooo 13,000 113,OQ9) (2Y2) J,251 332 35,501 3,559 132,259) (3,027) (72,A75) (8,331) TOTéb FUNPS 275,7fj8 (337,859) (fj2,091) ompnrgtlv¢s for mov¢mint fuDd$ N$1 moY¢rn¢nl In fvn45 Transftr5 b¢iw¢¢n Al 31,3,25 At IA.22 Vnr¢strlcted fund$ Waddin8lon Stre¢l Cgntyl Qld S¢hool H.o11s¢ Shirbiirn H.111 Fla¢ Diirham $8maritpn5 s￿[¢ty (Out of FIOUTS) Minibus Repl8¢emint Fund B ylldin8 Mainl¢nRn¢e Fund D¢velopmenl and P¢r50nnil c.osts IT Infraslruclyr¢ 27301$ 8Q,21Q 10,000 (35,762) (3,116) (8,539) (13,445) (77,094) (1,461) 22.6,211 10,655 20,090 20,000 58,OOQ 10,000 6,000 10,999 10,000 53,000 10,000 398,283 (47,417) 350,866 R¢strlcl¢d fund5 W8ddin8ton Slre¢t C¢ntr¢ CTi¢ Pi'oj¢¢ls VP Evening Prgj¢¢t Waddy Feel fjood Serv5c¢ YP Ev¢nings 21- 25 NHS Comjnunity Connector Granl Durhani AAP Menlal Health Diglial Inclusion CyclillgUK 210,113 4.618 2,201 6,298 1,350 24,138 (8,3d7) 887 12,651) 166 1990) 124.138) 201,56fj 3,505 45Q 6,464 (450) 10,000 (10,(K)o) 1,822 1,822 258,718 {43,361) 215,357 TOTAL fuNDS 657.001 (90.778) 566,223 Pagell oiilinued... WADDINGfoN STREET CENTRE LTD NOTES TO THE FINANCIAL sfATEMENTS - Continued roR THE YEAR ENDED31 MARCH 21124 13. MOVEMENT IN FUNDS- conllnued Conipgrolive nel movem¢nl in fund5. ioclud¢d in Ih¢ ol)ove pr¢ a5 follows: Iii¢omin resou￿¢$ Resourc¢s expend¢d Mov¢iiienl ID ftir)ds UDfqstrl¢led funds Wftd41118lon Slr¢el Cenir• Old Sehool Holis¢ 6h$rburii HS11 FIA1¥ 179,396 2,40Q 39,360 (215,158) (5,576) (47,899) (35,762) (3,lJfj) f8,539) R¢slrl¢l¢d W8dd!n$iory Strfel cg.nlro ¢¥¢¢ Prgj¢¢15 'YP EveiiiDg Pro)Iql Waddy Fe¢1 fjgod S¢YvlG YP Ey¢nin&s 21 .25 WHS ¢9mmiinity Con.￿¢(10r Qrnnl L)Iirhpm AAP Monl8114¢olib r)isiial l.n¢l!i}jo. ysling UK Coiinty-D¥irhRm Sport) Tosilhlr F!Ind 221,21fj (208,63?) (47,d17) ($.547) (7,113) (6,724) (21,834) (990) (2d,I 58) (8,517) 887 8,009 4,973 22,999 161 (900) 3,5Ql 1,822 <13,501) (10,ooo) 1,$22 ,82d) d2,220 (85,5$1) (43,361) TQTAL FUNP5 263,AJfj (354,2 Id) {9Q,778) Page 12 WADDINGTON STREET cETrrrRC LTD NOTES TO THE FINANCIAL sfATEMENTS- tontlnlled FOR THE YEAR ENDED 31 MARCH 2024 13. MOVCMKNT IN FUNDS- Continued A ciirr¢nl year 12 months ond prior ￿ar 12 months combin¢d position is as follows: Net movem¢Dt in fiJThds Transfers b¢tween nds At 31.3.24 At 1.4.22 UDI'tsli'l¢ted funds Waddln8ton Sir¢¢t Centr¢ Old S¢hool Hov$¢ Sh¢Tbum Hill Flits Piirham S8m8rlt4ns Sp¢l¢ty (Qut of Hours) Mlnibus R¢pla¢em¢nt Fiind Biiildlng Maint¢iian¢e Fun D¢v¢lopm¢nt and Poisonnel c￿k8 IT 1nfr45inj¢￿rg 275,418 89.210 io,ooo 16.655 6,000 10,000 (89,322) (3,116) (8.539) 128,445) (77.094) (1,461) 157,051 16,655 3Q,OQO 2Q,QQQ 63,QQQ 10,000 24,OQQ 10,009 63,099 10,000 398,283 1100,977) 297,306 R￿trI¢¢ed funds Waddinglon Slr¢sl C¢ntri Cr¢¢ ProjeGts Hoppin¢ss Hiibs Fun4iD8 YP Bv¢iijng ProJ¢¢l Waddy Feel G9pd S¢rv YP Ev¢nings 21 . 25 HS coin￿lIn1ty Connt¢tor Gi4nl Durh4m AAP Mental H¢ilth Di&llBI InGIusioD y¢l!n8 UK CDCF. Fundlni for En8a8¢m¢nl Offi￿r V8lu¢d Volunliers FuT)din$ 210,113 A,618 (17,095) 879 2,971 (2,651) (6,298) {900) (24,138) 193,Q18 2,978 2,291 6,298 2d,138 io,ooo (10,000) 1,550 1,559 532 532 258,718 (51,892) 296,826 TOTAL FUNDS 657,001 (152,869) 50d,132 Page 13 continued. WADDJNGTON STREET CENTRE LTD NOTES TO THE FINANCIAL sfATEMENTS- conllnued FOR THE Y&AR ENDED 31 MARCH 2024 13. MOVEM£f4T IN FUNDS- Continued A ciitTCliI yeJr12 monihs and prior year 12 months Combined nel movemenl In ￿nds, includ¢d in the above are as follgiv5: Incomlng resour¥¢s R¢sour¢es ¢ip¢nd¢d Mov¢in¢nt Unreslrlel¢d lunds Wod4irygloD Slr¢¢l C¢nl Qld Srhogj Ho115¢ Sh¢rburn Hlll Fldl$ 391,229 2,460 39,360 {d80,542) (5,576) (d7,899) (89,322) (9,116) (8,539) R¢ilrloled fynd$ Wgddin8ion Stisil Qrylr Cree P19jsfj!$ Happingss Hiibs Fundln$ YP Ev¢nips Prk}j$￿[ W&d￿Y F$¢1 fjgod S¢ryloi YP Ev¢nlnss 21 . 25 NHS C'on!MLiiiliy Coni)i¢lor fjraryl Durham AAP Msnlil H¢o1!h DSsiMI Infjliision yfjliD¥ UK CDCF. Fvn4ii!$ foF Fngftgement Offj¢ir Oilnty Dllrhom Spons Tog¢lh¢r FiiDd VfilLi¢d vgl41.1ll¢$￿ Fyndins 433,Q40 (534,017) (100,977) (17,095) (13,121) (1,900) ($,724) (29,298) 1999) (?d,138) 14,Qg0 117,995) 879 2,978 (2,651) (6:29$) (90P) 4,135) d,97J 23,000 1fj,501 1,822 33,591 (2fj,501) (272) (32,250) (2,8?d) (3,927) (10,ooo) J,251 512 196,164 138,Q5fj) (51,192) TQTéL YUNDS 539,204 (692,07?) (112,869) Wp(J¢Jlnglon strtel C¢ntre Th55 Linr¢s!riclqd fiind Siicliid¢s fundin8 from M¢ntal W¢llb¢lry8 AlljanGi is Iis¢d for oor¢ Mrv5¢9 fiindSo8. Durham SpniArltons Sp¢lely Th15 fund rolai¢s lo a donalipn lift to lh¢ ccnlr¢ by lh¢ foiTh¢r Durham Samaritans Soclety iipon Ih¢lr olosure lo b¢ u5¢d for oiil pf hoiir5 5essI905. Al lh¢ bplo11¢¢ sh¢¢1 dgte £16,653 r¢niains unsppnl., Miiilbu5 Repli¢¢ni¢iit Fund5 Thi> flind is lo b¢ v5¥d fvr o fiiliire mlnlbiis replacew¢nt, £10.OOf) ivas transferyed Ihe 8¢n¢ral fvnd lo Ihls ftind diiiliis lh¢ y¢•r, Al th¢ bilRn¢¢ slieel dal¢ £JO,000 renialns i1115p¢ni. Bulldlrbg Molnt¢n8nce Fund As oivners of Ihe biiilding, Ihls fiind is used for it5 mor¢ 51gnlll¢aiit b(iildSn8 mfiini¢D4n¢¢ and 1ipk¢ep r¢qvlr¢menis. At Ihe balnnc¢ $h¢ei d81¢ £20,000 reiDi5ns wispcnl.. D¢velopnieDI 8n(I Versonnel Co$ls This fuiid is 113ed for development opportiiniiles ftnd to cover final persoiinel costs (shoiild that ¢ventLialily arise). £5.000 Iva5 Iransfei'red fi'oni ili¢ geiieral (Lind lo ihis fuiid during tlie year. Ai the balai)c¢ sh¢ei dKle £63,000 remains iin5peiil. IT lllfr¥tstrtirliiiY Fiilld Tliis fiind is used for fLILure technology Snfraslriicture developiiients aiid IT reii¢ivals. Ai ilie ball¢ nce sheel dale £ I O.¢)00 remains 11115penl. Page 14 coiilinLied... WADDINGTON STREET CENTRE LTD NOTES TO THE FINANCIALSTATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 13. MOVEMENT IN FUNDS- tontlnued Waddlngton Street Centre This restricted fund In¢ludes the daily ongoing upkeep of the building. Cree ProJect$ These fiinds cover the womcn's and men's groups at the centre providlng support to individuals al risk by provjdin8 a¢tiviti¢s to improve mental and phyiical h¢allh. At Ihe balon¢¢ sh¢¢1 dale £5.497 r¢mains unsp6nt. Waddy F¢¢1 Good S¢rvl¢¢ Grant re¢¢iv¢d froiD DLirhNm Coiinty Cgune51 to provld¢ support tQ 8roiip$ who hav¢ pnx51ty aiid d¢pr¢ssion and ¢lp tbos¢ p¢ople ¢0 all¢v5ate symptoms and preven¢ fvrther d¢teriorailon by h¢lping pcgple io improY¢ tb¢ir physlc?I h¢aiih Ilwoii8h a combln8tlon of dlvt ind ¢x¢r¢lJe. Th55 h8s b¢¢n fvlly vs¢d up •1 th¢ b4lBno $h¢g1 dF41¢. CouDly Durhgm. Spor¢ Togelb¢r FuDd ICy