PRS Patton Rainey I Stenson Limited CHARTERED ACCOUNTANTS & REGISTEREO AUDITORS REGISTERED COMPANY NUMBER: N1043785 (Northern Ireland) REGISTERED CHARITY NUMBER: 101144 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR THE ELY CENTIIE A COMPANY LIMITED BY GUARANTEE Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge Street Enniskillen Co. Fermanagh BT74 7BT CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regLJlated for a range of inv8Stment business activities in thè United Kingdom by the Institute of Chartered Accounlan15 in Ireland
THE ELY CENTRE CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025 Page Report of the Trustees Report of the Independent Auditors 5 to 7 Statement of Financial Activities Balance Sheet Cash Flow Statement io Notes to the Cash Flow Ststement Notes to the Financial Statements 12 to 18
THE ELY CENTRE REGISTERED NUMBER: N1043785 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 trnstees 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 l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The Ely Centre is a registered charity that provides support services to civillans, ex security force personnel and their families who have sufyered as a result of the troubles. The Ely Centre was fornied by the families of those b¢reaved and injured in the 1987 Enniskillen Poppy Day bomb. The Ely Centre also aims to advance the education of the wider community on the effects of the troubles and especially the effects of terrorism on victims. their children and the impact of trans (inter) gen¢ralional trauma on families effected by the troubles. Signifie8nt activities The charity provides evidenced based treattnent, prevention and support services that address issues of declintng psychological, physical health, social and financial difficulties Over the past year. from our centres we have delivered funded prOarnmeS of Health and Well Being services. Social Support activities, Welfare and Benefits advice. a listening ear and drop in centre. Open daily offering a space for victim5 and survivors to com¢ together, a family support project and a community befriending network to support isolated and vulnerable victims and survivors. The services have achieved all estimated uptake amongst servÈce users. These services are delivered by Ely Centre staff, outsourced providers and volunteer5. These projects are supported fulancially from multiple funders. The Ely Centre continues to develop an innovative veteran's support programme which addresses veterans, physical and psychologtcal wellbeing tIough military scale model making workshops and educational outreach programmes. Public benefit The Trustees seek to ensure that the Public Benefit requirement is considered and The Ely Centre facilKtates the support of victin]s having due regard to the Charities Commission Northern for Ireland guidance on public benefit. The main public benefits which the charity aims to achieve are as follows.. The irnproved physical and mental health wellbeing. This is achieved through our support progrdrnmes including professional counselling. complementary therapies and respite trips. The recipients of these therapies benefit from lower levels of stress and anxiety and wÈll also feel less isolated and lonely. The advancement of comtnunity development. This is achieved through services and programmes offered within the wider community to promote tolerance and positive cross-comrnunity relations. The public benefit is a strong community spirit and the empowerment of victimslsurvivors. The easement of financial dilriculties. Thi5 is achieved through offering skills-based training programmes and support with essential outgoings. Advice and a55iStance is given in relation to benefits available and securing entitlen]ent to same. Page I
THE ELY CENTRE REGISTERED NUMBER: N1043785 REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025 FINANCIAL REVIEW Financial position The results for the year ended 31 March 2025 are set out on pages 8 and 9 of the fmancial statements. Incorne consists of grants and donations and amounted to £911,499 for the year ended 31 March 2025 (2024 £811,735). After deducting expenditure of £910,998 (2024 £813,314) a surplus of £501 arose for the year (2024 deficit £1,582) At 31 March 2025 the total funds of th¢ charity amounted to £1 1,941 (2024 £11,440). Reserves policy It is the policy of the Charity that reserves that have not been designated for a specific purpose should be maintained at a level equivalent to between 1-2 months expenditure. The Charity considers that reserves at this level will ensure that, in the event of a significant drop in fundin& they will be able to continue some activities however this would be on a greatly reduced scale. The Charity aims to achieve these levels of reserv¢s in th¢ following fmancial years. Going Concern After making appropriate enquiries. the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continu¢ to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concem basis can be found in accounting policies. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing doeument The charity is registered as a charitable company limifrd by guarantee and w&s set up by its Memorandum and Articles of Association. The company is registered with the Charity Commission NI under charity reference l 01144. The management of the charity is led by Lee M¢Dowell. New trustees are nominated for consideration to the Board based on background. interests and experience. New tnteeS receive an inhouse induction and there is ongoing training for existing trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1043785 (Northern Ireland) Registered Charity number 101144 Registered office 83 Tempo Road Enniskillen Co. Fennanagh BT74 6LD Page 2
THE ELY CENTRE REGISTERED NUMBER: N1043785 REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025 Trustees Mr R E Crdwford Mr W J Dixon (resigned 2.10.25) Mr A Coulter Mrs E Lappin Irs R Barton Mr J Mullan Mrs M Black (reSIed l.1.26) Mr A G Mccrum Ms V Craig Mr N Gracey (resigned 24.9.24) Mr C Baxter (appointed 2.12.24) Company Secretary Ms V Craig Auditors Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge Street Enniskillen Co. Fernianagh BT74 7BT STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of The Ely Centre for the purposes of company law) are responsible for preparing the Report of the Tnte¢S and the fanCIal statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for ¢ach financial year. Under that law, the trustees have elected to prepare the fmancial statements in accordanc¢ with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the fmancial statements unless they are satisfied that they give a true and fair view of the state of affair5 of the charitable company and of the incoming resources and application of 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 Charities SORP. make judgements and estimates that are reasonable and prudent; prepare the fmancial statements on the going concern basis unless it is inappropriafr to presume that the charitable ompany 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 Companie5 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 ale aware: there is no Televant audit infonnation of which the charitable companls auditors are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit infonnation and to establish that the auditors are aware of that infornlation. Page 3
THE ELY CENTRE REGISTERED NUMBER: N1043785 REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2025 AUDITORS The auditors, Patton Rainey Stenson Limite(t invited for re-appointmnet at the forthcoming Annual General Meeting. Approved by order of the board of trustees on 31 March 2026 and signed on its behalf by.. Mr R E Crawford - Trustee Page 4
PRS Patton Rainey I Stenson Limited CHAR TEPED ACCOUNTANTS & REGISTERED AUDITORS REPORT OF THE INDEI PENDENT AUDITORS TO THE MEMBERS OF THE ELY CENTRE Opinio We have audited the financial statements of The Ely Centre {the 'charitable company,) for the year ended 31 March 2025 which comprise the Statetnent of Financial Activities, the Balance SheeL the Cash Flow Statement and notes to the fmancial statements, including a summary of significant accountiThg policies. The fLnancial report(ng framework that has been applied in their preparatioii is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the fancial 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 law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the rinancial 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 ftnancial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requiretnents. We believe that the audit evidence we have obtained is sufficient and appropriate ¢0 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 perfomied, we have not identified any material uncertainties relating to events or condilions that, individually or collectively. tnay cast significant doubt on the charitable Company's ability to continue as a going concern for a period of al least twelve months from when the Fan¢[al slalements are autELorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections ol this report. Other information The trustees are responsible lor the other inforniation. The other insonnation cotnprises the infonnation included in the Annual Report, other than tELe fU]cIal statements and our Report of the Independent Auditors thereon. OLtr opinion on the fLnancial statements does not cover the other infonnation and, except to the extent otherwise explicitly stated in our report, we do not express any fonn of assurdnce conclusion thereon. In connection with our audit of the fmancial statements, our responsibility is to read the other inforniation and, in doing so, consider whether the other infonnation is materially inconsistent with the fmancial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material knconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misstatetnent tn the rinancial statements themselves. If. based on the work we have perfomied, we conclude that tliere is a material tni55tatement of this other infomiation, 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 infomation given in the Report of the Trustees for the fmancial year for which the financial statements are prepared is consistent with the fmancial statements. and the Report of the Trustees ha5 been prepared in accordance with applicable legal requirements. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit work and regulated for a range of inve5trnent business activities In the United Kingdorn by the Institute of Chart8r8d AccDuntanls in Ireland
PRS Patton Rainey I Stenson Limited CHARTERED ACCOUNTANTS & FtEGISTERED AUDITOFtS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE ELY CENTRE Matters on which we are required to report by exception In the light of the knowledge and understanding of the cliaritable 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 tn respect of the following tnatters where the Companies Act 2006 requires us lo report to you if. tn our opinion" adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by u5. or the ftnancial statements are not tn 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 infortnation and explanations we require for our audit- or the trustees were not entitled to take advantage of the small companies exemption from the requiretnent to prepare a Strategic Report or in preparing the Report of tlie Trustees. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities. the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the fmancial statements and lor being satisfied that they give a true and fair view, and for such intemal control as the trustees detennine is necessary to enable the preparation of fancial statements that ar¢ fr¢¢ from material misstatement, whether due to fraud or error. In preparing the fmancial statements, the trustees are responsible lor assessing the charilable company's ability lo continue as a gotng concern, disclostng, as applicable. tnatters related to going concern and using the going concem 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. Our responsibilities lor the audit of the financial statements Our objectives are to obiain reasonable assurance about whether the financial statements a5 a whole are free from material misstatement, whether due lo 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 audi¢ conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or eor and are considered material if, individually or in the aggregate, they could reasonably be expected to inflLLence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAS. we exercise professional judgernent and maintain professional scepticism throughout the audit. We identify and assess the risks of material misststement of the fmancial statements. whether due to fraud or eOr. design and perlonn audit procedures responsive to these risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. We obtain an understandtng of intemal controls relevant to the audit order to design audit procedures that are appropriate in the circuDtances. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audbt work and regulated lor a range ol Investmgnl business activities in the United Kingdom by the Institute of Charierod Accountants in Ireland
PRS Patton Rainey I Stenson Limited CHAFITEFIED ACCOUNTANTS & REGISTERED AUDITORS REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE ELY CENTRE We obtain an understanding of the company, the industry it operates in and the legal and regulatory framework that the company operates within. We focus on the provisions of these laws and regulation5 that have a direct effect on material amounts and disclosures in the fanCIal statements. The key'laws and regulations we considered in this context included the UK Companies Act, Pension, Tax and Health and Safety Legislation, together with provisions of other laws and retsulations that do not have a direct effect on the financial stateTL]ents, bul compliance with which may be fvndamental to the cornpany's ability to operate or avoid a material penalty. We tailored our response to these identified risks to Include enquiry of management and extemal legal advisors ¢onceming acmal and potential litigation and claims, performints analytical procedures to identify any unusual or unexpected relationships that rnay indicate the risk of material misstatement due to fraud or other irregularities. Further we reviewed the C02Tespondence with HMRC and other regulatory bodies. In addressing the risk of fraud through management override of controls, we tested the appropriateness of joumal entries and adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias. Further we evaluated the business rationale of any significant transactions that are unusual or outside the nomial course of business. There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the fmancial statements. Also, the risk of not detecting a material misstatement due to fraud is higher tban the risk of not dete¢tiDg one resulting from error, as fraud may involve deliberate concealment by. for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the fLnancial statements is located on the Financial Reporting Council's webslte at www.frc.org.ukJauditorsresponsibilities. This description fom)s part of our Report of the Independent Auditors. Use of our report This report is made solely to the cltable cotnpany'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 all auditors, report and for no other purpose. To the fullest extent pern]itted 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 forn]ed. William Kenneth Rainey FCA (Senior Statutory Auditor) for and on behalf of Patton Rainey Stenson Limited Chartered Accountants and Statutory Auditors 6 East Bridge Street Enniskillen Co. Fernanagh B T74 7BT 31 March 2026 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers AlStered to carry out audit work and regulated for a range of Investment busin8ss activities in the United Kingdom by th8 Institute of Chart8red Accountants in Ireland
THE ELY CENTRE STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted nds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 48,177 863,322 911,499 811.732 EXPENDITURE ON Charitable activities Miscellaneous Activittes 47,702 863,296 910,998 813,314 NET tNCOMEI(EXPENDITURE) 475 26 501 (1,582) RECONCILIATION OF FUNDS Total funds brought forward 11,340 loo 11,440 13,022 TOTAL FUNDS CARRIED FORWARD 11,815 126 11,941 11,440 The notes forn] part of these fmancial statements Page 8
THE ELY CENTRE REGISTERED NUMBER: N1043785 BALANCE SHEET 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted funds Restricted fimds Notes FIXED ASSETS Tangible assets 3,266 3,266 4.082 CURRENT ASSETS Debtors Cash at bank and in hand io 1,183 45,257 30,124 226,883 31J07 272,140 26,389 71,031 46,440 257,007 303.447 97,420 CREDITORS Amounts falling due within one year (37.892) (256,880) (294,772) (90,062) NET CURRENT ASSETS 8,548 127 8,675 7,358 TOTAL ASSETS LESS CURRENT LIABtLtTIES 11,814 127 11,941 11,440 NET ASSETSI(LIABILITIES) 11,814 127 11,941 11,440 FUNDS Unrestricted ndS Restricted funds 12 11,814 127 11,340 loo TOTAL FUNDS 11,941 11,440 These fmancial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statetnents were approved by the Board of Trustees and authorised for issue on 31 March 2026 and were signed on its behalf by.. Mr R E Crawford - Trustee The notes forni part of these financial statements Page 9
THE ELY CENTRE CASH FLOW STA TEMENT for the Year Ended 31 MARCH 2025 31.3.25 31.3.24 Notes Cash flows from operating aetivities Cash generdted from operations 201,109 19.494 Net cash provided by operating activities 201,109 19.494 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 201,109 19,494 71,031 51,537 Cash and cash equivalents at the end of the reporting period 272,140 71,031 The notes forni part of these financial statements Page 10
THE ELY CENTRE NOTES TO THE CASH FLOW STATEMENT ror the Year Ended 31 MARCH 2025 RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Increase in debtors Increase in creditor5 501 (1,582) 816 (4,918) 204,710 1,020 (7,143) 27,199 Net cash provided by operations 201,109 19.494 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 71,031 201,109 272.140 71,031 201,109 272,140 Total 71,031 201,109 272,140 The notes forni part of these financial statements Page 11
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The fmancial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to chaiities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statetnents have been prepared under the historical cost convention. Ineome All income is recoISed in the Statement of Financial Activities once the charity has entitlement to the nds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expendiNre, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impainnent losse5. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its int¢nded use, dismantling and restoration costs. (i) Depreciation and residual values Depreciation is calculated, using the stated method, to allocate the depreciable amount to their residual values over ihe expected useful economic lives of the assets concemed. The principal annual rates used are as follows.. Fixtures and fittings 20 % on reductng balance 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 Thature and purpose of each fund is included in the notes to the financial statements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basi5 over the period of the lease. Pension costs and other post-retirement benefits The company operates a defmed contribulion pension scherne. The assets of the scheme are held separately from those of the company in independently administered funds. Contributions payable to the company's pension scheme are charged to the incorne Statement in the period to which they relate. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Page 12 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2025 ACCOUNfING POLICIES - continued Cash and cash equivalents Bank overdrafts are shown within borrowings in current liabilities. Going Coneern At the time of approving the financial statements the trustees have a reasonable expectation that the charity has adequate iesources to continue operating for the foreseeable future. Thus the tntsfres continue to adopt the going concern basis of accounting in preparing the financial statements. Critical accounting estimates and areas of judgement Estimate and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptLons: The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the actual related results. DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations and Contributions for therapies Grants Management fee 43,677 863,322 4,500 45.435 766,297 911,499 811.732 Grants received, included in the above, are as follows.. 31.3.25 31.3.24 Other grants 863,322 766,297 CHARITABLE ACTIVITIES COSTS Support costs (see note 4) Direct Costs Totals Miscellaneous Activitie5 898,027 12,971 910,998 Page 13 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 MARCH 2025 SUPPORT COSTS Governance costs Miscellaneous Activities 12,971 NET INCOMEI(EXPENDITURE) Net in¢ome/(expenditure) is stafrd after chargin(Crediting)'. 31.3.25 31.3.24 Auditors, rernuneration Depreciation - owned assets Other operating leases 3,600 816 42,877 3,400 1.020 39,160 TRUSTEES, REMUNEIL4TION AND BENEFITS There were no trustees, remun¢ration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses Trustee expenses paid duTing the yeaT were £441.59. (2024: £159.73) STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 552,004 38,089 19.778 474.867 46,588 18,544 609,871 539,999 The average monthly number of employees during the year was as follows.. 31.3.25 23 31.3.24 23 Administration No employees received emoluments in excess of £60,000. Page 14 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total fimds INCOME AND ENDOWMEiYfs FROM Donations and legacies 67,930 743.802 811,732 EXPENDITURE ON Charitable aetivities Miscellaneous Activities 69,512 743,802 813.314 IYET INCOMEI(EXPENDITURE) (1,582) (1,582) RECONCILIATION OF FUNDS Total funds brought forward 12.922 loo 13,022 TOTAL FUNDS CARRIED FORWARD 11.340 loo 11,440 TANGIBLE FIXED ASSETS Fixtures fittings COST At l April 2024 and 31 March 2025 66,207 DEPRECIATION At l April 2024 Charge for year 62,125 816 At 31 March 2025 62,941 NET BOOK VALUE At 31 March 2025 3,266 At 31 March 2024 4,082 Page 15 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMEKfs - continued for the Year Ended 31 MARCH 2025 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other debtors 31,307 26,389 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors and accruals Other creditors Deferred grants 51,425 26,233 217,114 30.147 15,243 44,672 294,772 90,062 12. MOVEMENT IN FUNDS Net movement in fimds At 31.3.25 At l.4.24 Unrestricted funds General fund 11,340 474 11,814 Restricted funds Other Restricted Lottery Grant loo loo 27 27 loo 27 127 TOTAL FUNDS 11,440 501 11,941 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 48,177 (47,703) 474 Restricted funds VSS Grant Arn]ed Forces Covenant Fund Trust Funding - Modellers Operation Blue Sky Lottery Grant 805,190 (805.190) 34,267 5,065 18.800 (34,267) (5,065) (18,773) 27 863J22 (863,295) 27 TOTAL FUNDS 911,499 (910,998) 501 Page 16 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2025 12. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Ullrestricted funds G¢n¢ral fund 12,922 (1,582) 11.340 Restricted funds Other Restricted loo loo TOTAL FUNDS 13,022 (1,582) 11,440 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted fund5 General fund 67.930 (69.512) (1,582) Restrieted funds VSS Grant Anned Forces Covenant Fund Trust Funding - Modellers 742.095 (742.095) 1,707 (1,707) 743,802 (743,802) TOTAL FUNDS 811,732 (813,314) (1,582) A Current year 12 months and prior year 12 months Combined position is as follows.. Net movement in funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 12,922 (1.108) 11.814 Restricted funds Other Restricted Lottery Grant loo loo 27 27 loo 27 127 TOTAL FUNDS 13,022 (1,08l) 11,941 Page 17 continued...
THE ELY CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued ror the Year Ended 31 MARCH 2025 12. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows- Incoming resources Resources expended Movement in funds Unrestricted fund5 General fund 116,107 (117,215) (1,108) Restricted funds VSS Grant Arnied Forces Covenant Fund Trust Funding - Modellers Operation Blue Sky Lottery Grant 1,547,285 (E,547.285) 35,974 5,065 18.800 (35,974) (5.065) (18,773) 27 1,607,124 (1,607.097) 27 TOTAL FUNDS 1,723,231 (1,724,312) (1.081) 13. EMPLOYEE BENEFIT OBLIGATIONS The company operates a defined contribution pension scheme for the benefit of staff. The assets of the scheme are held separately from those of the company in an indep¢ndently administered fund. The total pension cost for the company for the year was £19,778 (2024 18,544). There was a liability of £NIL outstanding at the year end (2024 £2,556). 14. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2025. 15. GOING CONCERN At the time of approving the fmancial statements the trustees have a reasonable expectation that the charity ha5 adequate resources to continue operating for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Page 18