PRINCES RISBOROUGH CENTRE LTD

Charity number: 1151083
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Princes Risborough Centre Limited is a social enterprise run by the people of Princes Risborough for everybody who lives in the town and surrounding areas. The Princes Centre's primary mission is to provide a local base day care centre that can also be for the community to use, enjoy and to foster good community relationships.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,655,632

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Donations and legacies £877.88k
Charitable activities £777.75k
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£743,326

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Raising funds £0
Charitable activities £743.33k
Other £0

£0 investments gains (losses)

Total income includes £250 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £743.33k
Retained for future use £912.31k

People

34 Employee(s)

8 Trustee(s)

14 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Buckinghamshire

Governance

Registration history:
  • 05 March 2013: Standard registration
  • 21 January 2016: Funds received from 1079531 RISBOROUGH CARES CHARITY
Organisation type:
Charitable company
Other names:
  • THE PRINCES CENTRE (Working name)
Company number:
08021841 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
DAVID WHITTAKER Trustee 30 May 2022
BUCKS OLDER PEOPLES ACTION GROUP
Recently registered
Richard Stevenson Trustee 29 October 2019
None on record
Margaret Anne Wooster Keyte Trustee 10 November 2014
None on record
Anthony Philip Masterton-Smith Trustee 23 April 2014
None on record
Matthew Walsh Trustee 23 April 2014
Princes Risborough Old British School Foundation
Received: On time
PETER JOHN CLINE Trustee 14 March 2014
None on record
Trudi Jane Scrivener Trustee 01 November 2013
KING/CULLIMORE CHARITABLE TRUST
Received: On time
ALAN HAROLD TURNER Trustee 16 August 2012
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £601.09k £564.51k £659.82k £746.69k £1.66m
Total expenditure £439.05k £422.22k £520.74k £673.98k £743.33k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £38.64k £152.16k £44.76k £16.40k £250
Income - Donations and legacies £131.27k £240.52k £94.93k £66.20k £877.88k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £469.69k £323.92k £564.89k £680.49k £777.75k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £133 £70 £0 £0 £0
Income - Other £0 £0 £0 £0 £0
Income - Legacies £990 £0 £0 £0 £799.13k
Expenditure - Charitable activities £432.91k £422.22k £520.74k £673.98k £743.33k
Expenditure - Raising funds £6.14k £0 £0 £0 £0
Expenditure - Governance £7.41k £6.62k £15.72k £10.39k £17.65k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £729.68k £728.92k £703.20k £721.15k £806.19k
Long-term investments £0 £0 £0 £0 £0
Other assets £426.17k £569.67k £750.15k £787.30k £1.64m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £23.48k £23.25k £38.94k £21.33k £48.60k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 10 January 2025 On Time
Accounts and TAR 31 March 2024 10 January 2025 On Time Download Open in new window
Annual return 31 March 2023 12 January 2024 On Time
Accounts and TAR 31 March 2023 12 January 2024 On Time Download Open in new window
Annual return 31 March 2022 26 January 2023 On Time
Accounts and TAR 31 March 2022 26 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 January 2022 On Time
Accounts and TAR 31 March 2021 26 January 2022 On Time Download Open in new window
Annual return 31 March 2020 05 January 2021 On Time
Accounts and TAR 31 March 2020 05 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 05 APR 2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 19/02/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25 JUL 2016 as amended on 26 May 2022

Charitable objects

TO RELIEVE THE NEEDS OF THE ELDERLY AND PEOPLE WITH PHYSICAL DIFFICULTIES, LEARNING DIFFICULTIES OR MENTAL HEALTH ISSUES, AND THEIR FAMILIES AND CARERS, IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF DAY CARE FACILITIES.

Contact information

Address:
The Princes Centre
Clifford Road
Princes Risborough
HP27 0DP
Phone:
01844345105
Email:
enquiries@princescentre.org.uk
Website:

www.princescentre.org.uk Open in new window