REGISTERED COMPANY NUMBER: 02345730 (England and Wales)
REGISTERED CHARITY NUMBER: 801169
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE APULDRAM CENTRE

THE APULDRAM CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Trustees
Report of the independent Auditors
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements
Page
1 to 5
6 to 9
10
11
12
13
14 to 24

THE APULDRAM CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charitable company are set out in its Memorandum and Articles of Association, and may be
summarised as follows:
"The relief of persons affected by learning disabilities and / or complex needs by providing and assisting in the
provision of accommodation, facilities and support services not nomally provided by the statutory authorities".
requiremen unade the haries Act 2a on to the Charity Comission's published guidance on the Public Benefit
They believe that the activities and benchmarks noted within the 'Achievements and performance"
section
below have assisted in furthering the charitable company's purposes for the public benefit.
Public benefit
he trustees confirm that they have referred to the guidance contained in the Charity Commission's genera
Juidance on public benefit when reviewing the charity's aims and objectives and in planning future activities
The trustees refer to public benefit throughout this report.
Page 1

THE APULDRAM CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Achievements and performance
Introduction
Following a period of significant change, this year has been one of stability and the early signs of growth. The
ur work continues to be shaped by our vision of a future where adults with learning and lifelong disabiliti
e supported to live with independence, inclusion, and purpose. We believe that every individual should ha
the opportunity to reach their fil potential and to contribute to the communities in which they live, volunteer, or
Governance and Leadership
A significant focus this year has been strengthening governance. The Senior Management Team has
completed a full review of organisational policies, ensuring that the charity has a solid framework to remain
compliant with its regulators while also providing clear guidance for staff. This work has built strong
foundations for the organisation's resilience and growth in the years ahead
The Board has also welcomed new expertise. In February 2024, Anthony Thomas joined as a Trustee, and in
September 2025 we look forward to welcoming Hugh Fancourt. Both bring considerable business experience
and insight that will support the charity in delivering its mission and navigating the challenges ahead. The
current Trustees will provide support to the newly appointed Trustees through a structured induction process,
offering guidance on the charity's operations and governance to ensure they are well-equipped for their roles.
our work. The Trustees have also begun exploring how a co-development approach can be embedded within
the charity's governance. This work is focused on diversifying representation at Board level to ensure that the
perspectives of those we support are more directly reflected in decision-making. By creating opportunities for
lived experience to help shape strategy, the Board aims to strengthen the voice of individuals with learning
and lifelong disabilities in guiding the future direction of the charity. This approach reflects our commitment to
inclusion, empowerment, and person-centred practice, ensuring that our governance structure aligns with the
values at the heart of our organisation.
Day Services and Community Hub
Day Services continue to be central to our activities, giving individuals opportunities that are purposeful,
creative, and enjoyable. Many have achieved personal goals through hands-on experience in the shop, café,
and horticultural projects, while others have developed new skills and interests in woodwork and carpentry.
The Community Hub has continued to expand its reach this year, offering a wider range of opportunities for
social engagement, including additional theatre trips, bowling, and swimming sessions. We were also invited
to take on the delivery of social events previously run by Empower Leisure Ltd, reflecting the confidence
placed in the quality of our provision. Following a successful trial period, these activities have now been fully
integrated into our programme, ensuring that individuals continue to have access to a safe and welcoming
space in which to socialise and build lasting connections with their peers
In partnership with the Aldingbourne Trust, we were successful in securing the West Sussex County Council's
Day Services Opportunities contract for the Chichester region under the initiative 'Chichester Connects'.
July 2024, we have delivered 4,372 council-funded sessions to 57 adults, alongside additional sessions
outside council funding
Page 2

THE APULDRAM CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
We recently conducted a second 6-monthly survey for those that access the organisation's Day Service, and
the responses were incredibly positive. 100% of those that answered the survey said they "Strongly Agreed"
with the statement "I look forward to going to the service". 96.4% "Strongly Agreed" with the statement "Staff
at the service listen to and act upon my wishes". We also saw an 11% increase in people that "Agreed" or
"Strongly Agreed" that they are working towards an aim/goal.
The continuation of one-to-one support for individuals with complex needs, at the request of the council,
highlights both the essential nature of this service and the confidence placed in our staff.
Supported Living
It has been a year of both challenge and
progress for Supported Living. Under the guidance of the new
manager, the service has embraced a more collaborative approach, engaging individuals and families directly
through surveys and regular meetings. This has fostered a culture of continuous improvement, enabling
several people to achieve personal goals such as attending community events, travelling independently, and
making healthier lifestyle choices.
While the hand back of a property in February 2025 was difficult, it created opportunities to build stronger
relationships with other housing providers and developers. This has already led to two new properties due to
open in late 2025-early 2026, which will provide homes for 12 individuals. In total, 41 people have beer
supported this year across both 24/7 and outreach services, each designed to promote confidence, choice,
Facilities and Innovation
We continue to look at ways of improving our facilities and broadening what we have to offer. Planning
permission has been granted to extend the canopy outside the Common Room, enabling outdoor activities in
all weather conditions. This improvement has been made possible through a generous legacy gift from our
late Chair, Paul Reed, and grants from the Gerald Micklem Charitable Trust and Wickens Family Trust.
Innovation has also been a key theme this year. The launch of our Dog Park in June 2024 has been a great
success, operating at 85% capacity and providing a valuable new income stream to offset rising costs
Beyond its financial impact, the Dog Park has offered meaningful involvement for service users, including
baking dog treats to sell in the café. The popularity of the Dog Park has also led to the café/shop opening an
additional day each week, further strengthening its role as part of the community.
Looking Ahead
As we look to the year ahead, we remain optimistic yet mindful of the financial challenges posed by the
temporary,
and short-term reduction in Supported
Living schemes. Our immediate focus will be to
successfully onboard new properties, extending opportunities for independent living.
we will continue to demonstrate our values in everything we do: being passionate about people, inclusive of
everyone, proud to celebrate diversity and achievement, and committed to working together as a community.
These values, alongside our vision and mission, will continue to guide the charity in supporting individuals with
learning and lifelong disabilities to live with dignity, independence, and purpose.
Financial review
Financial position
The surplus for the year was £100,762 (2024: £80,854). The total reserves stood at £2,457,687 (2024:
£2,356,925), with E30,500(2024: E13,000) being for restricted purpose.
Risk management
The trustees have examined the major strategic, business and operational risks that the charitable company
faces, and confirm that systems have been established to mitigate such risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Page 3

THE APULDRAM CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The board is comprised of trustee directors, all volunteers, and meets several times a year; one meeting is ar
AGM. Board members must demonstrate how they fulfil the 'fit and proper persons' and 'disclosure anc
barring' criteria for the registration with the Care Quality Commission (CQC). Board meetings are attended by
employed staff in leadership
and management roles. As employees these staff have no voting right but
provide strategic and operational input to inform the board in their decision-making processes.
Recruitment and appointment of new trustees
New trustees are made familiar with their legal obligations under charity and company law, the contents of the
Memorandum and Articles of Association, the committee and decision-making process and the recent
financial performance of the charity. Trustees are encouraged to attend appropriate external training events
where these will facilitate the undertaking of their role.
Organisational structure
The governing body of the charitable company is the board of directors, who are also trustees. The board
meet on a regular basis, and at least every quarter. The board elects the Chair. All members give their time
on a voluntary basis.
Key management remuneration
The board appoints a team of professional managers and staff to carry out the day-to-day operations of the
charity, being as follows:
Chief Executive Officer, Mr Rory Massey
Operations and Compliance Manager, Mrs Lianne Jones
Chief Finance Officer, Mrs Karen Reeves
Supported Living Manager, Mrs Kelly Shaw
In addition to the above, staff are employed within Day Centre and Supported Living Services. The staff
teams are made up of a varying number of full and part time staff. In total there are 47 (2024: 45) full time
equivalent staff across the organisation.
Supplier payment policy
The company's current policy concerning the payment of trade creditors is to follow the CBl's Prompt Payers
Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02345730 (England and Wales)
Registered Charity number
801169
Registered office
The Apuldram Centre
Common Farm
Appledram Lane South
Chichester
West Sussex
PO20 7PE
Trustees
S Blaber
A Thomas
J Davenport
R Thornton
P Bradley
C McCormack
J Bell
A Buckland
Page 4

THE APULDRAM CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
MC Audit Limited
Statutory Auditors
Station House
North Street
Havant
Hampshire
PO9 1QU
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Company law requires the trustees 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 o
resources, including the income and expenditure, 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 Charity SORP
- make judgements and estimates that are reasonable and prudent,
- state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
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 to 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 audit information of which the charitable company's auditors are 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.
Disclosure of information to auditor
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to
the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditor is aware of such information.
AUDITORS
The auditors,
MC Audit Limited, will be proposed for re-appointment at the forthcoming Annual General
Meeting.
incorporating a strategic report, approved by order of the board of trustees, as the
Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE APULDRAM CENTRE
Opinion
We have audited the financial statements of The Apuldram Centre (the 'charitable company') for the year
ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash
Flow Statement and notes to the financial statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of resources, including its income and expenditure, for the year then
ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
and
- have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and
applicable
standards are further described in the Auditors
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financia
statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements.
. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent Auditors
thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon
In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether this gives
rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing to report in this regard
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Trustees for the financial year for which the financial statements
are prepared is consistent with the financial statements; and
- the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE APULDRAM CENTRE
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to
report to you it, in our opinion:
- adequate accounting records have not been kept or returns adequate for our audit have not been received
from branches not visited by us; or
- the tinancial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors
of the charitable company tor the purposes of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal control as
the trustees determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations, or have no realistic alternative but to do so.
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE APULDRAM CENTRE
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
rom discussion with management and those charged with governance information about the entity
cumented to assess the activity within the ordanisation. We discuss manaaement's assessment of risk
respect of irregularities, fraud and going concern.
Based on these discussions and our own assessments we determined that the key risk areas were income
recognition in respect of cut off issues and management override concerning the size of the organisation.
We set financial statement materiality level based on the level of income. As a not for profit organisation
raising income is its primary focus which is why income was used to determine the level of materiality. Our
overall assessment of risk was used to determine performance materiality at an appropriate level.
Substantive audit tests were designed after assessing and performing walkthrough tests. The walkthrough
testing confirmed documented systems which have been designed to act as a preventative measure against
fraud and error which appear to be operating as documented. Substantive testing tested a sample of the
population, representative of the population, to identify errors. The testing did not identify any material
misstatements in areas tested
Audit substantive tests concluded no material errors over the key risk areas of income recognition
management override.
The audit considers the organisation is not exposed to material risk of error as a result of assessing laws and
regulations that are appropriate to the organisation.
Managem and as essed thereas ming and enes. The saudi underin real or berets, managemen.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities.
This description forms part of
Report of the Independent Auditors.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE APULDRAM CENTRE
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditors' report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have formed
Placend
P Underwood (Senior Statutory Auditor)
for and on behalf of MC Audit Limited
Statutory Auditors
North Street
Havant
Hampshire
PO9 1QU
Date: 20 October 2025
Page 9

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Daycare services
Supported living
Produce and services
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Daycare services
Supported living
Produce and services
Total
NET INCOME
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
THE APULDRAM CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Notes
3
5
Unrestricted
funds
€
21,567
Restricted
funds
2025
Total
funds
4
6
7
555,856
1,453,465
102,525
17,362
2,150,775
11,332
654,749
1,375,793
38,139
2.080.013
70,762
12,500
83,262
2,343,925
2.427,187
30,000
:
-
30,000
:
30,000
(12,500)
17,500
13,000
30,500
51,567
555,856
1,453,465
102,525
17,362
2,180,775
11,332
654,749
1,375,793
38,139
2,080,013
100,762
100,762
2,356,925
2,457,687
The notes form part of these financial statements
Page 10
2024
Total
funds
€
134,896
443,814
1,269,761
74,148
12,128
1,934,747
7,355
587,985
1,219,812
38,741
1,853,893
80,854
-
80,854
2,276,071
2,356,925

FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank
THE APULDRAM CENTRE
BALANCE SHEET
31 MARCH 2025
Notes
13
14
2025
1,942,955
265,640
498,377
764,017
(245,473)
518,544
2024
1,986,716
213,852
396,542
610,394
(228,175)
382,219
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year 16
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS
20
2,461,499
(3,812)
2,457,687
2,427,187
30,500
2,457,687
2,368,935
(12,010)
2,356,925
2,343,925
13,000
2,356,925
The financial statements were approved by the Board of Trustees and authorised for issue on
26 Sopt 2025. and were signed on its behalf by:
/ Bell - Trustee
The notes form part of these financial statements
Page 11

THE APULDRAM CENTRE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
Notes
2025
1
Cash flows from operating activities
Cash generated from operations
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
120,952
120,952
(14,709)
4,511
(10,198)
(8,919)
(8,919)
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period
101,835
396,542
498,377
The notes form part of these financial statements
Page 12
2024
123,544
123,544
(61,930)
3,477
(58,453)
(8,057)
(8,057)
57,034
339,508
396,542

2.
THE APULDRAM CENTRE
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
Net income for the reporting period (as per the Statement of
Financial Activities)
100,762
Adjustments for:
Depreciation charges
58,470
Interest received
(4,511)
Increase in debtors
(51,788)
Increase in creditors
18,019
Net cash provided by operations
120,952
80,854
68,141
(3,477)
(98,644)
76,670
123,544
ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank
At 1.4.24
396,542
396,542
Cash flow
101,835
101,835
At 31.3.25
498,377
498,377
Debt
Debts falling due within 1 year
Debts falling due after 1 year
Total
(7,855)
(12,010)
(19,865)
376,677
721
8,198
8,919
110,754
(7,134)
(3,812)
(10,946)
487,431
The notes form part of these financial statements
Page 13

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1.
ACCOUNTING POLICIES
Charity information
The Apuldram Centre is a private company limited by guarantee Incorporated in England and Wales.
The registered office is Common Farm, Appledram Lane, Chichester, West Sussex, PO20 7PE.
Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and "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)" (as amended for accounting periods
commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102
Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus
the trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
Charitable funds
Unrestricted funds are available to spend on activities that further any of the purposes of the
charity. Designated funds are unrestricted funds of the charity which the trustees have decided at theil
discretion to set aside to use for a specific purpose. Restricted funds are donations which the dono
has specified are to be solely used for particular areas of the Centre's work or for specific projects
being undertaken by the Centre.
Income
Income is recognised and included in the accounts when all of the following criteria are met:
• The charity has entitlement to the funds;
• Any performance conditions attached to the income have been met or are fully within the
control of the charity:
• The is sufficient certainty that receipt of the income is considered probable; and
• The amount can be measured reliably.
For legacies, entitlement is taken as the earlier of:
• The date on which the charity is aware that probate has been granted;
• The estate has been finalised and notification has been made by the executors) to the Centre
that a distribution will be made; or
• When distribution is received from the estate.
Receipt of a legacy, in whole or in part, is only considered probable when the amount can be
measured reliably and the charity has been notified of the executor's intention to make a distribution
Where legacies have been notified to the charity, or the charity is aware of the granting of probate. and
the criteria tor income recognition have not been met, then the legacy is treated as a contingent asset
and disclosed if material.
Income received in advance of any service is deferred until the criteria for income recognition are met.
Interest on funds held on deposit is included when receivable and the amount can be measurec
reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a thir
party, it is probable that settlement will be required and the amount of the obligation can be measured
Page 14
continued...

1.
THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES - continued
Expenditure
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities.
Support costs include back office costs, finance, personnel, payroll and governance costs which
support the Centre's activities. The bases on which support and governance costs have been allocate
are set out within note 8.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,
net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
over their useful lives on the following bases:
Freehold property
2%
Plant and machinery
25%
Fixtures and fittings
15%
Motor vehicles
25%
These have all been depreciated using the straight line method.
Freehold land and assets In the course of construction are not depreciated.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short tern
liquid investments, and bank overdrafts. Bank overdrafts are shown within borrowings in curren
liabilities
Financial Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section
12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial Instruments are recognised In the charity's balance sheet when the charity becomes party t
the contractual provisions of the instrument
Financial assets and labilities are offset, with the net amounts presented in the financial statements,
when there Is a legally enforceable right to set off the recognised amounts and there Is an intention to
settle on a net basis or to realise the asset and settle the liability simultaneously.
Page 15
continued...

1.
2.
THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES - continued
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
fective interest method unless the arrangement constitutes a financing transaction, where tl
ansaction is measured at the present value of the future receipts discounted at a market rate
interest. Financial assets classified as receivable within one year are not amortised
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future payments discounted at a market rate of interest. Financial liabilities
classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged
or cancelled.
Employee benefits
Termination benefits are recognised immediately as an expense when the charity is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall
CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In the application of the charity's accounting policies, the trustees are required to make Judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly
that petro perid the period of the revision and future periods where the revision affects both current
Page 16
continued...

3.
4.
5.
THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
Donations
Legacies
2025
51,567
-
51,567
2024
84,896
50,000
134,896
INVESTMENT INCOME
Rents received
Deposit account interest
2025
12,851
4,511
17,362
2024
8,651
3,477
12,128
All investment income is derived from assets held in the United Kingdom.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Services provided under
contract
Services provided under
contract
Sales within charitable
activities
Daycare services
Supported living
Produce and services
2025
555,856
1,453,465
102,525
2,111,846
2024
443,814
1,269,761
74,148
1,787,723
RAISING FUNDS
Raising donations and legacies
Fundraising costs
Support costs
2025
3,043
8,289
11,332
2024
355
7,000
7,355
Page 17
continued...

7.
8.
THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
CHARITABLE ACTIVITIES COSTS
Daycare services
Supported living
Produce and services
Direct
Costs
625,731
1,330,195
38,139
1,994,065
Support
costs (see
note 8)
29,018
45,598
74,616
Totals
654,749
1,375,793
38,139
2,068,681
SUPPORT COSTS
Raising donations and legacies
Daycare services
Supported living
Management
4,837
16,935
26,610
48,382
Finance
361
1,263
1,985
3,609
Governance
costs
3,091
10,820
17,003
30,914
Totals
3.289
29,018
45,598
82,905
Support costs have been apportioned between each of the charitable activities on the following basis:
Raising donations and legacies
10%
Daycare services
35%
Supported living
55%
Support costs, included in the above, are as follows:
Management
2025
2024
Telephone
Postage and stationery
Sundries
Establishment costs
Insurance
Depreciation of tangible
and heritage assets
Raising
donations
and
legacies
598
314
114
3,651
124
36
4,837
Daycare
services
2,093
1,100
400
12,781
435
126
16,935
Supported
living
€
3,288
1,728
628
20,084
684
198
26,610
Total
activities
5,979
1,142
36,516
1,243
360
48,382
Total
activities
6,249
2,257
20,578
1,067
1,493
40,725
Page 18
continued...

8.
9.
10.
11.
THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
SUPPORT COSTS - continued
Finance
2025
2024
Raising
donations
and
legacies
361
Daycare
services
€
1,263
Supported
living
1,985
Total
activities
3,609
Total
activities
2,842
Bank charges
Governance costs
2025
2024
Auditors' remuneration
Legal and professional
Bureau charges
Irrecoverable VAT
Raising
donations
and
legacies
853
1,242
336
660
3,091
Daycare
services
2,986
4,348
1,175
2,311
10,820
Supported
living
4,693
6,832
1,846
3,632
17,003
Total
activities
8,532
12,422
3,357
6,603
30,914
Total
activities
7,302
9,599
3,330
6,202
26,433
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets
2025
8,532
58,470
2024
7,302
68,141
TRUSTEES' REMUNERATION AND BENEFITS
Teare wed 31 March 2 remuneration or other benefits for the year ended 31 March 2025 or for the
Trustees' expenses
During the year no trustees (2024: none) were reimbursed out of pocket expenses.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
2025
1,439,866
125,086
30,614
1,595,566
2024
€
1,274,147
106,067
25,478
1,405,692
The average monthly number of employees during the year was as follows:
2025
65
2024
63
No employees received emoluments in excess of £60,000.
Page 19
continued...

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
11.
STAFF COSTS - continued
Key management personnel
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
110,396
443,814
1,269,761
74,148
12,128
1,910,247
Restricted
Funds.
24,500
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Daycare services
Supported living
Produce and services
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Daycare services
Supported living
Produce and services
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
-
24,500
Total
funds
134,896
443,814
1,269,761
74,148
12,128
1,934,747
7,355
546,053
1,207,812
38,741
1,799,961
110,286
-
41,932
12,000
53,932
(29,432)
7,355
587,985
1,219,812
38,741
1,853,893
80,854
2,233,639
2,343,925
42,432
13,000
2,276,071
2,356,925
Page 20
continued...

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
13. TANGIBLE FIXED ASSETS
Freehold
property
Plant and
machinery
Fixtures
and
fittings
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
2,477,064
14,709
2,491,773
125,189
25,645
125,189
25,645
523,217
42,345
565,562
100,252
8,892
109,144
17,714
7,233
24,947
1,926,211
1,953,847
16,045
24,937
698
7,931
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
Motor
vehicles
20,745
20,745
20,744
20,744
1
1
2025
201,383
3,268
60,989
265,640
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 17)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
Brought forward
Amount released to incoming resources
Amount deferred in year
Carried forward
2025
7.134
83,565
51,707
103,067
245,473
2025
€
14,981
(14,981)
26,233
26,233
Page 21
Totals
2,648,643
14,709
2,663,352
661,927
58,470
720,397
1,942,955
1,986,716
2024
109,936
52,913
51,003
213,852
2024
7,855
67,928
40,607
4,897
106,888
228,175
2024
10,380
(10,380)
14,981
14,981
continued...

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 17)
2025
3,812
17. LOANS
An analysis of the maturity of loans is given below:
2025
7,134
3,812
18.
Amounts falling due within one year on demand:
Bank loans
Amounts falling due between two and five years:
Bank loans - 2-5 years
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years
2025
8,352
26,448
34,800
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fixed assets
Current assets
Current liabilities
Long term liabilities
Unrestricted
funds
1,942,955
733,517
(245,473)
(3,812)
2427.187
Restricted
funds
30,500
:
30,500
2025
Total
funds
1,942,955
764,017
(245,473)
(3,812)
2,457,687
Page 22
2024
12,010
2024
7,855
12,010
2024
870
-
870
2024
Total
funds
1,986,716
610,394
(228,175)
(12,010)
2,356,925
continued...

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
20. MOVEMENT IN FUNDS
At 1.4.24
Unrestricted funds
General fund
Improvements to common room
Net
movement
in funds
€
70,762
Restricted funds
Daycare - cooking equipment
Automatic Door
Improvements to common room
TOTAL FUNDS
2,333,425
10,500
2,343,925
500
12,500
-
-
13,000
2,356,925
70,762
:
30,000
30,000
100,762
Net movement in funds, included in the above are as follows:
Incoming
resources
Unrestricted funds
General fund
Restricted funds
improvements to common room
2,150,775
30,000
TOTAL FUNDS
2,180,775
Comparatives for movement in funds
Transfers
between
funds
12,500
12,500
(12,500)
(12,500)
Resources
expended
(2,080,013)
-
(2,080,013)
Unrestricted funds
General fund
Improvements to common room
Restricted funds
Awards for all (digital data)
Covered walkway
Daycare - cooking equipment
Automatic Door
TOTAL FUNDS
A11.23
2,233,639
2,233,639
37,002
500
42,432
2,276,071
Net
movement
in funds
99,786
10,500
110,286
(4,932
(37,000)
12,500
(29,432)
80,854
Page 23
31.3.25
2,416,687
10,500
2,427,187
500
30,000
30,500
2,457,687
Movement
in funds
70,762
30,000
100,762
31.3.24
2,333,425
10,500
2,343,925
500
12,500
13,000
2,356,925
continued...

THE APULDRAM CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
20. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Unrestricted funds
General fund
Improvements to common room
Restricted funds
Awards for all (digital data)
Covered walkway
Automatic Door
Decoration to Apuldram SL Houses
1,899,747
10,500
1,910,247
12500
12,000
24,500
1,934,747
Resources
expended
(1,799,961)
(1,799,961)
(4,932)
(37,000)
(12,000)
(53,932)
(1,853,893)
Movement
in funds
99,786
10,500
110,286
(4,932)
(37,000)
12,500
-
(29,432)
80,854
TOTAL FUNDS
Restricted Funds
Funds were raised to be specifically used on the projects as listed above. Any unspent funds as at 31st
March 2025 are held with current assets to be spent in the 2025/26 financial year
In the current year, the entity received donations to cover improvements to the covered walkway.
These have been showed as restricted funds. The entity has also allocated some profits from the
general fund in order to cover the remaining costs in order to complete this project. This fund i
showing in the designated funds
21.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
22.
ULTIMATE CONTROLLING PARTY
The charitable company is not under the control of another entity or any one individual.
Page 24