The Peaceful Place Ltd - Charities report

REGISTERED COMPANY NUMBER: 05618159 (England and Wales)

REGISTERED CHARITY NUMBER: 1127072

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Peaceful Place Ltd

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9

to

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

to

24

The Trustees present their report along with financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 10 and comply with the charity's governing document, the Charities Act and Charities Act.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Objectives, Aims, Governance, and Management

Peaceful Place Ltd was incorporated on 10 November 2005 and operates under its Memorandum and Articles of Association (updated and approved in 2024). The charity's primary aim is to empower people living with dementia - including young-onset dementia and those in the early stages - to live fulfilling lives by reducing isolation and providing cognitive stimulation, peer support and physical activities.

Public benefit

The Trustees have referred to the Charity Commission's guidance on public benefit when planning the Charity's activities. Peaceful Place delivers measurable public benefit by enabling members to take part in community life, providing respite and information to family carers, offering volunteering and placement opportunities, and ensuring activities are dementia-friendly and accessible.

ACHIEVEMENTS AND PERFORMANCE

Charitable Activities

Charity Excellence Framework (CEF) Quality Mark

During the year Peaceful Place was awarded the Charity Excellence Framework (CEF) Quality Mark. This independent accreditation recognises the Charity's improvements in governance, financial management, strategic planning and service delivery. Achieving the Quality Mark demonstrates our commitment to best practice and provides a robust foundation for future growth, particularly as we progress plans for service expansion and further investment in quality improvement.

Volunteers & volunteer coordination

During the year we successfully recruited a full-time Volunteer Coordinator. This appointment has driven a marked improvement in volunteer recruitment and support: volunteer numbers have increased, induction and ongoing support has been professionalised, and volunteers are now better supervised and deployed across the day centre, community activities and the Charity Shop. The strengthened volunteer offer has enhanced service capacity and improved members' access to one-to-one and group support.

Allotment project & family engagement

We expanded our outdoor provision through the development of two allotments. One allotment is dedicated to member gardening activities and therapeutic horticulture; the second provides a space for family carers to connect with nature and access peer support. The Caring Together project provides therapeutic gardening at Manners Way Allotment, while educational classes and peer-support groups for family carers take place elsewhere in the community. Participants report increased knowledge, practical skills and confidence in supporting a person living with dementia. We are grateful to National Lottery Awards for All and Active Essex for funding the development of the Bowers Gifford allotment for our members.

We now operate two allotments that extend our therapeutic and community offer. The Manners Way allotment, which adds value to the Caring Together project (supported by Morrisons Foundation), provides hands-on, restorative gardening for members. Our Pitsea allotment, funded by Active Essex, has brought members closer to nature, nurtured their wellbeing and produced fresh crops that are used in Peaceful Place's kitchen. Both sites strengthen connections with the outdoors, promote practical skill-sharing and contribute directly to members' physical and emotional wellbeing.

Caring Together Project

We are delighted to report that the Caring Together project, funded by the Essex Carers Community Fund, has strengthened family carers' confidence and resilience through tailored one-to-one support, community-based educational classes on supporting a person with dementia, and facilitated peer-support development. The project has expanded to include a therapeutic, hands-on gardening strand at Manners Way allotment, funded by the Morrisons Foundation. Together these complementary strands provide practical skills, wellbeing support and restorative activity that benefit both carers and the people they care for.

Events, community showcases & participation

Community engagement and public showcases increased during the year. We delivered a successful Family Fun Day in partnership with Hashtag United and supported a larger turnout at our walking football tournament, reflecting growing participation in sporting activities. Members, living with dementia also performed at Towngate Theatre in a public showcase featuring solo singers and our Peaceful Buskerteer Choir, demonstrating the confidence, skills and creative talents developed through our arts and music programmes. These events celebrate members' achievements and raise the Charity's profile in the local community.

Sports 4 Health Project

The Sports 4 Health programme has been expanded through funding from the Essex Community Foundation (ECF), the English Sports Council and the People's Postcode Lottery. Grants funded swimming, gym, walking football and multi-sports sessions, increasing opportunities for members to stay active and remain connected with their local sporting communities.

Transport & fleet

The National Lottery Community Fund has enabled important investment in our transport service. Funding for driver costs over a 3-year period has allowed us to appoint three permanent drivers, increasing our operational capacity and enabling us to reach more members. The Lottery also contributed towards the purchase of two electric minibuses. One vehicle has been specially adapted to carry people with complex mobility needs and will be brought into operation during 2025. This investment supports sustainable transport and improved access for members.

Fundraising activities

Charity Shop

The Charity Shop remains an important part of our service. While income is consistent, the shop is also a vital hub for social connection in the local community, sustained by generous donations and regular purchases. We are grateful to our loyal customers for their continued support and to the volunteers whose time and commitment keep the shop running and provide essential unrestricted income that helps sustain our day-centre activities.

Partnerships

We are grateful to our partner agencies for their continued support in delivering high-quality activities and specialist services. We thank Hashtag United, Suffolk Music Therapy, Together in Musical Expression (T.I.M.E), Basildon Sport & Leisure Centre, Sports for Confidence and Buskerteer Choir. Their expertise and collaboration have expanded our offer, increased participation, and strengthened links with the wider community. Ongoing thanks to Adult Social Care, Dementia Crisis Teams in Essex, Thurrock and Southend.

Outcomes and impact

The combined effect of improved volunteer capacity, expanded outdoor activities and high-profile events has been an observable increase in member engagement, improved social connections and enhanced carer involvement. Staff and partner feedback indicate the new initiatives are contributing to members' wellbeing and social confidence, while family carers report greater opportunities for shared activity and respite.

FINANCIAL REVIEW

Financial position

Key Financial Summary:

Summary of financial results - Year ended 31st March 2025:

Total income: £748,485 (2023/24: £696,570)

Total expenditure: £689,893 (2023/24: £568,954)

Net income for the year: £58,592

Total funds carried forward: £1,720,080 (2023/24: £1,661,488)

Explanation of Total Funds Carried Forward:

The total funds carried forward include the value of the Charity's freehold premises at Timberlog Lane, assessed at £936,178. The Trustees consider the overall position to be healthy and sufficient to support planned developments.

Principal funding sources

The Charity's principal income streams are day-centre fees, private donations, grants and Charity Shop income.

Key income highlights for 2024/25:

Day centre fees: £488,963 (2023/24: £493,025) - reflecting steady service demand.

Grants: £121,970 (2023/24: £98,438), including:

-National Lottery Community Fund main grants - £69,476 (supporting transport for this period).

-Essex Carers Community Fund - £14,973 (supporting Caring Together project)

-Morrison's Foundation - £10,000 (supporting the Caring Together project at Manners Way Allotment).

-Sport England Movement fund (£16,500 for this period) and Essex Community Foundation (£833 for this period) , -Post Code Lottery Fund (£10,197 for this period) (Sport 4 Health project).

Charity Shop income: £79,703 - an important unrestricted income stream.

Expenditure highlights

Day centre: £678,149 - Operating costs.

Raising funds: £11,744 - costs associated with fundraising and the Charity Shop

Reserves policy

The Trustees maintain a reserves policy, updated each financial year, to ensure financial stability. Unrestricted general fund of £191,685, (approx. 3 months' operating costs. In addition, the Trustees have designated an emergency contingency fund of £150,000 to mitigate the financial impact of unforeseen events (for example, service disruption due to public-health restrictions). A designated reserve of £250,000 has been set aside for building development (a second day centre).

The Trustees will continue to monitor income streams, costs and reserve levels to ensure ongoing financial resilience.

FUTURE PLANS

Key priorities for 2025/26 include:

1. Supporting family carers: Continuing to develop a dedicated family-carer project (workshops, peer support and practical resources) subject to securing funding.

2. Community advocacy and inclusion: continuing to challenge stereotypes about dementia, increase public awareness and improve referrals from under-represented communities (BAME outreach).

3. Fundraise and build a dedicated multi sports room.

4. Sustainability: implementing the electric minibus project to lower transport emissions and improve environmental performance.

5. Quality & governance: continuing work to strengthen governance and operational standards and to embed learning from the Charity Excellence Framework accreditation.

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.

Peaceful Place Ltd is a company limited by guarantee and a registered charity. The Charity is governed by its Articles of Association and is managed by a Board of Trustees which meets quarterly where they are provided with updated reports from CEO and Finance Officer.

The Trustees confirm that they have complied with their duties under s172 of the Companies Act and have considered the needs of service users, staff, volunteers and other stakeholders when making strategic decisions.

Recruitment and appointment of new trustees

The process of recruiting new Trustees starts with a review of the existing Board and identifying which skills are needed. Trustees then consider all suggested contacts prior to meeting and exploring the role with individuals. All members of the Board give their time voluntarily and receive no benefit from the charity. Once an individual has been accepted a formal induction process is started with the Chair which includes the provision of a Trustee Handbook, the last three years financial statements, a meeting with CEO, staff, volunteers and current members.

Organisational structure

The management of the Charity is delegated to the Chief Executive Officer, Charlotte Curran, who reports to the Board of Trustees at quarterly meetings. The Board also dedicates time and expertise to Finance and Fundraising Sub-Committee meetings, which are held quarterly.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05618159 (England and Wales)

Registered Charity number

1127072

Registered office

261 Timberlog Lane

Basildon

Essex

SS14 1PA

Trustees

Mrs A Davenport Chairperson

Mrs S Hillier (resigned 13.11.2025)

Mr G Baker Trustee (resigned 18.7.2024)

Mr W J Gould Treasurer

Mrs H Jones (appointed 18.7.2024)

Mrs A Evans (appointed 18.7.2024)

The Board records its thanks to Mr G Baker who resigned 18 July 2024.

The Company Secretary remains Butlers Financial Limited.

The Independent Examiner is Butlers Chartered Accountants.

Company Secretary

Butlers Financial Limited

Independent Examiner

Butlers Chartered Accountants

1434 London Road

Leigh on Sea

Essex

SS9 2UL

Approved by order of the board of trustees on 28 November 2025 and signed on its behalf by:

Mrs A Davenport - Trustee

Independent examiner's report to the trustees of The Peaceful Place Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Hayley Meagher FCA

Butlers Chartered Accountants

1434 London Road

Leigh on Sea

Essex

SS9 2UL

28 November 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

40,773

-

40,773

35,505

Charitable activities

5

Core dementia services

488,963

114,949

603,912

581,463

Other trading activities

3

79,703

-

79,703

72,671

Investment income

4

15,706

-

15,706

6,767

Other income

8,391

-

8,391

164

Total

633,536

114,949

748,485

696,570

EXPENDITURE ON

Raising funds

6

11,744

-

11,744

15,406

Charitable activities

7

Core dementia services

535,878

142,271

678,149

553,548

Total

547,622

142,271

689,893

568,954

NET INCOME/(EXPENDITURE)

85,914

(27,322

)

58,592

127,616

RECONCILIATION OF FUNDS

Total funds brought forward

1,586,950

74,538

1,661,488

1,533,872

TOTAL FUNDS CARRIED FORWARD

1,672,864

47,216

1,720,080

1,661,488

31.3.25

31.3.24

Unrestricted

Restricted

Total

funds

Notes

£

FIXED ASSETS

Tangible assets

13

976,422

-

976,422

989,616

CURRENT ASSETS

Debtors

14

51,865

-

51,865

44,513

Cash at bank and in hand

663,789

48,908

712,697

646,880

715,654

48,908

764,562

691,393

CREDITORS

Amounts falling due within one year

15

(19,213

)

(1,691

)

(20,904

)

(19,521

)

NET CURRENT ASSETS

696,441

47,217

743,658

671,872

TOTAL ASSETS LESS CURRENT

LIABILITIES

1,672,863

47,217

1,720,080

1,661,488

NET ASSETS

1,672,863

47,217

1,720,080

1,661,488

FUNDS

16

Unrestricted funds:

General fund

191,685

190,772

Designated - Timberlog Lane Centre

936,178

Designated - Redundancy reserve fund

60,000

Designated - Emergency Contingency Fund

150,000

100,000

Designated - Building Investment Fund

250,000

215,000

Designated - Shop Contingency Fund

50,000

Designated - Sports Studio

35,000

1,672,863

1,586,950

Restricted funds

47,217

74,538

TOTAL FUNDS

1,720,080

1,661,488

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 28 November 2025 and were signed on its behalf by:

Mr W J Gould - Trustee

Cash flows from operating activities

Cash generated from operations

1

53,030

138,742

Net cash provided by operating activities

53,030

138,742

Cash flows from investing activities

Purchase of tangible fixed assets

(2,919

)

(6,004

)

Interest received

15,706

6,767

Net cash provided by investing activities

12,787

763

Change in cash and cash equivalents in

the reporting period

65,817

139,505

Cash and cash equivalents at the

beginning of the reporting period

646,880

507,375

Cash and cash equivalents at the end of

the reporting period

712,697

646,880

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

31.3.25

31.3.24

£

Net income for the reporting period (as per the Statement of Financial

Activities)

58,592

127,616

Adjustments for:

Depreciation charges

16,114

16,816

Interest received

(15,706

)

(6,767

)

Rounding adjustment

(1

)

(1

)

Increase in debtors

(7,352

)

(3,476

)

Increase in creditors

1,383

4,554

Net cash provided by operations

53,030

138,742

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

Net cash

Cash at bank and in hand

646,880

65,817

712,697

646,880

65,817

712,697

Total

646,880

65,817

712,697

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial 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 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, 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 expenditure, 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on cost

Computer equipment

-

50% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	DONATIONS AND LEGACIES

31.3.25

31.3.24

£

Gifts and donations

40,073

25,505

Grants

700

10,000

40,773

35,505

Grants received, included in the above, are as follows:

31.3.25

31.3.24

£

Albert Jones Trust

-

10,000

OLEV Charge Point Grant

700

-

700

10,000

3.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

£

Shop income

79,703

72,671

4.	INVESTMENT INCOME

31.3.25

31.3.24

£

Deposit account interest

15,706

6,767

5.	INCOME FROM CHARITABLE ACTIVITIES

31.3.25

31.3.24

Activity

£

Day centre fees

Core dementia services

488,963

493,025

Grants

Core dementia services

114,949

88,438

603,912

581,463

Grants received, included in the above, are as follows:

31.3.25

31.3.24

£

Essex County Council

14,973

-

Peoples Postcode Lottery Fund

-

24,474

National Lottery Fund - Awards for all scheme

-

19,190

National Lottery Fund - Main Grants

69,476

36,793

Active Essex Places and Spaces

-

7,981

English Sports Council - Sports Movement

16,500

-

Morrisons Foundation - Caring Together

10,000

-

Essex Community Foundation - Sports 4 Health

4,000

-

114,949

88,438

6.	RAISING FUNDS

Raising donations and legacies

31.3.25

31.3.24

£

Fundraising expenses

162

1,107

Bid writing costs

-

2,625

162

3,732

Other trading activities

31.3.25

31.3.24

£

Rent

4,030

4,350

Cleaning refreshments

212

49

Telephone and internet

380

307

Printing and postage

-

833

Repairs and renewals

2,201

330

Insurance

150

286

Light and heat

949

1,055

Waste disposal

2,317

1,905

Water and rates

-

329

Direct costs

769

1,778

Volunteer Gifts

239

452

Rates

96

-

Training

239

-

11,582

11,674

Aggregate amounts

11,744

15,406

7.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 8)

Totals

£

Core dementia services

672,688

5,461

678,149

8.	SUPPORT COSTS

Governance

Finance

costs

Totals

£

Core dementia services

1,441

4,020

5,461

9.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

Other non-audit services

4,020

2,880

Depreciation - owned assets

16,113

16,815

Other operating leases

4,030

4,350

10.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

11.	STAFF COSTS

31.3.25

31.3.24

£

Wages and salaries

378,565

307,550

Social security costs

25,181

16,243

Other pension costs

7,518

5,804

411,264

329,597

The average monthly number of employees during the year was as follows:

31.3.25

31.3.24

Management

1

Administration

1

Operational

13

6

15

8

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

31.3.25

31.3.24

£60,001 - £70,000

1

-

12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

35,505

-

35,505

Charitable activities

Core dementia services

493,025

88,438

581,463

Other trading activities

72,671

-

72,671

Investment income

6,767

-

6,767

Other income

164

-

164

Total

608,132

88,438

696,570

EXPENDITURE ON

Raising funds

15,406

-

15,406

Charitable activities

Core dementia services

539,648

13,900

553,548

Total

555,054

13,900

568,954

NET INCOME

53,078

74,538

127,616

RECONCILIATION OF FUNDS

Total funds brought forward

1,533,872

-

1,533,872

TOTAL FUNDS CARRIED FORWARD

1,586,950

74,538

1,661,488

13.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

COST

At 1 April 2024

936,178

2,602

86,606

Additions

-

2,919

-

At 31 March 2025

936,178

5,521

86,606

DEPRECIATION

At 1 April 2024

-

1,589

78,223

Charge for year

-

466

4,701

At 31 March 2025

-

2,055

82,924

NET BOOK VALUE

At 31 March 2025

936,178

3,466

3,682

At 31 March 2024

936,178

1,013

8,383

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2024

112,256

1,185

1,138,827

Additions

-

2,919

At 31 March 2025

112,256

1,185

1,141,746

DEPRECIATION

At 1 April 2024

68,253

1,146

149,211

Charge for year

10,907

39

16,113

At 31 March 2025

79,160

1,185

165,324

NET BOOK VALUE

At 31 March 2025

33,096

-

976,422

At 31 March 2024

44,003

39

989,616

14.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

31,738

34,450

Prepayments and accrued income

20,127

10,063

51,865

44,513

15.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

4,316

11,131

Social security and other taxes

9,335

5,510

Accruals and deferred income

7,253

2,880

20,904

19,521

16.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

Unrestricted funds

General fund

190,772

85,913

(85,000

)

191,685

Designated - Timberlog Lane Centre

936,178

-

936,178

Designated - Redundancy reserve fund

60,000

-

60,000

Designated - Emergency Contingency Fund

100,000

-

50,000

150,000

Designated - Building Investment Fund

215,000

-

35,000

250,000

Designated - Shop Contingency Fund

50,000

-

50,000

Designated - Sports Studio

35,000

-

35,000

1,586,950

85,913

-

1,672,863

Restricted funds

Peoples Postcode Lottery Fund - Sports 4

Health

15,516

(15,516

)

-

Active Essex Places and Spaces - Bowers

Gifford Allotment

7,846

(7,657

)

-

189

National Lottery Fund - Main Grants -

Transport project

31,986

(3,915

)

-

28,071

National Lottery Fund -Awards for All -

Growing Together

19,190

(19,190

)

-

English Sports Council - Sports Movement

-

7,438

-

7,438

Morrisons Foundation - Caring Together

-

5,662

-

5,662

Essex Community Foundation - Sports 4

Health

-

1,169

-

1,169

Essex County Council - Caring Together

-

4,688

-

4,688

74,538

(27,321

)

-

47,217

TOTAL FUNDS

1,661,488

58,592

-

1,720,080

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

633,536

(547,623

)

85,913

Restricted funds

Peoples Postcode Lottery Fund - Sports 4

Health

-

(15,516

)

(15,516

)

Active Essex Places and Spaces - Bowers

Gifford Allotment

-

(7,657

)

(7,657

)

National Lottery Fund - Main Grants -

Transport project

69,476

(73,391

)

(3,915

)

National Lottery Fund -Awards for All -

Growing Together

-

(19,190

)

(19,190

)

English Sports Council - Sports Movement

16,500

(9,062

)

7,438

Morrisons Foundation - Caring Together

10,000

(4,338

)

5,662

Essex Community Foundation - Sports 4

Health

4,000

(2,831

)

1,169

Essex County Council - Caring Together

14,973

(10,285

)

4,688

114,949

(142,270

)

(27,321

)

TOTAL FUNDS

748,485

(689,893

)

58,592

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.24

£

Unrestricted funds

General fund

237,694

53,078

(100,000

)

190,772

Designated - Timberlog Lane Centre

936,178

-

936,178

Designated - Redundancy reserve fund

60,000

-

60,000

Designated - Emergency Contingency Fund

100,000

-

100,000

Designated - Building Investment Fund

200,000

-

15,000

215,000

Designated - Shop Contingency Fund

-

50,000

Designated - Sports Studio

-

35,000

1,533,872

53,078

-

1,586,950

Restricted funds

Peoples Postcode Lottery Fund - Sports 4

Health

-

15,516

-

15,516

Active Essex Places and Spaces - Bowers

Gifford Allotment

-

7,846

-

7,846

National Lottery Fund - Main Grants -

Transport project

-

31,986

-

31,986

National Lottery Fund -Awards for All -

Growing Together

-

19,190

-

19,190

-

74,538

-

74,538

TOTAL FUNDS

1,533,872

127,616

-

1,661,488

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

608,132

(555,054

)

53,078

Restricted funds

Peoples Postcode Lottery Fund - Sports 4

Health

24,474

(8,958

)

15,516

Active Essex Places and Spaces - Bowers

Gifford Allotment

7,981

(135

)

7,846

National Lottery Fund - Main Grants -

Transport project

36,793

(4,807

)

31,986

National Lottery Fund -Awards for All -

Growing Together

19,190

-

19,190

88,438

(13,900

)

74,538

TOTAL FUNDS

696,570

(568,954

)

127,616

A current year 12 months and prior year 12 months combined position is as follows:

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.25

£

Unrestricted funds

General fund

237,694

138,991

(185,000

)

191,685

Designated - Timberlog Lane Centre

936,178

-

936,178

Designated - Redundancy reserve fund

60,000

-

60,000

Designated - Emergency Contingency Fund

100,000

-

50,000

150,000

Designated - Building Investment Fund

200,000

-

50,000

250,000

Designated - Shop Contingency Fund

-

50,000

Designated - Sports Studio

-

35,000

1,533,872

138,991

-

1,672,863

Restricted funds

Active Essex Places and Spaces - Bowers

Gifford Allotment

-

189

-

189

National Lottery Fund - Main Grants -

Transport project

-

28,071

-

28,071

English Sports Council - Sports Movement

-

7,438

-

7,438

Morrisons Foundation - Caring Together

-

5,662

-

5,662

Essex Community Foundation - Sports 4

Health

-

1,169

-

1,169

Essex County Council - Caring Together

-

4,688

-

4,688

-

47,217

-

47,217

TOTAL FUNDS

1,533,872

186,208

-

1,720,080

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

1,241,668

(1,102,677

)

138,991

Restricted funds

Peoples Postcode Lottery Fund - Sports 4

Health

24,474

(24,474

)

-

Active Essex Places and Spaces - Bowers

Gifford Allotment

7,981

(7,792

)

189

National Lottery Fund - Main Grants -

Transport project

106,269

(78,198

)

28,071

National Lottery Fund -Awards for All -

Growing Together

19,190

(19,190

)

-

English Sports Council - Sports Movement

16,500

(9,062

)

7,438

Morrisons Foundation - Caring Together

10,000

(4,338

)

5,662

Essex Community Foundation - Sports 4

Health

4,000

(2,831

)

1,169

Essex County Council - Caring Together

14,973

(10,285

)

4,688

203,387

(156,170

)

47,217

TOTAL FUNDS

1,445,055

(1,258,847

)

186,208

The following funds are held by the charity:

Designated Funds:

Timberlog Lane Centre: £936,178, representing the assessed value of the Charity's freehold property, the Timberlog Lane Centre. By designating these funds, the Trustees ensure this core asset is safeguarded and cannot be diverted to general operational use.

Second Building Fund: £215,000, set aside for the acquisition of a second premises to expand the Charity's geographical reach.

Emergency Contingency Fund: £100,000, to provide financial resilience in the event of unforeseen challenges.

Shop Contingency Fund: £50,000, designated for future improvements to the Charity Shop.

Sports/Gym Room Fund - £35,000 for the construction of sports/gym room at the Peaceful Place site to enhance physical activities opportunities.

Redundancy Reserves Fund: £60,000, allocated to cover potential redundancy payments in the unlikely event of the Charity's dissolution.

Transfer between funds:

The only transfers between funds in the year were in order to designate funds from general funds to designated funds after the Trustees considered future requirements and strategy.

Transfers between funds

The only transfers made between funds was for changes to designated funds held for future activities.

17.	CAPITAL COMMITMENTS

At the year end, the charity had the following capital commitments:

Purchase of a new electric minibus - £79,409

Purchase of a new garden room for sports activities - £33,300

18.	OTHER FINANCIAL COMMITMENTS

At the year end the charity has made a commitment to £6,000 costs of redecoration to the property at Timberlog Lane which were completed after date.

19.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.