2023-03-31-accounts - Churches In Reading Drop-In Centre

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CIRDIC Churchos in R8ading Drop in Cenl Churches in Reading Drop-ln Centre Registration Number: 02652137 DIRECtORS' REPORT The Directors of the Centre, who are ultimately its Trustee5 and are below referred to as the latter, have pleasure in presenting their report and the accounts for the year to March 31" 2023. CONSTITUTION Churche5 In Reading Drop-ln Centre Limited was incorporated as a company limited by guarantee on 8 Ortober 1991 to take over the activities of the Churches in Reading Drop-ln Centre as it then was. This transfer took place on I" November 1991. On 9 April 1992, the company changed its name to Churche5 in Reading Drop-ln Centre, taking advantage of section 30 of the Companies Act 21Y)6. The Centre, which is known informally as CiRDiC, is registered in England and Wales as a charity, number 1005654. MISSION STATEMENT to welcome, as Christ welcomed, those who are in need. to offer love, hope and compassion within a Christian ethos to help to restore human dignity. self-respect and well-being. to work together within our community to increase awareness of our mutual responsibility towards the disadvantaged and marginalised in our society TRUSTEES AND MANAGEMENT cOMMIEE The following persons acted as Trustees: John Davie5 Ichairl 8ridget Barwick Ifrom September 20191 David Browne Sally Leonard Eric Moyse Theresa Rodrigues ITrea5urerl David Turner Angela Wills During the year Theresa Rodrigues and David Turner retired from the Trustees Board due to ill health. Although the Trustees are responsible for policy with regard to running the Centre, day-to- day decisions are taken by the Management Committee. At March 31, 2022. the members of this Committee were.. Mabel Gregory Imanagerl Angela Bell

Tony Bircher Ernie Cunningham Andrea Darius Mark Dunford Suzanne Madigan Rosemarie Tegg AcfiviTIES During this financial year CiRDiC continued to open three days a week - Mondays, Tuesdays and Fridays between the hours of 10..00am - 1..30pm. Several of the new volunteers who hod come on board during Lockdown stayed, and we have also been able to recruit some new volunteers to join the team. We continued to offer the guests hot food and drink, a warm place to torne and "be", shower and bath facilities and access to the clothing store. In addition the HOLT nurse and St. Mungos continued to meet the guest5 inside the building, and we have been able to offer podiatry and hair-cutting on a regular basls throughout the year. In addition, CiRDiC was able to start the breakfast on Sunday mornings. ORGANISATIONS AND SERVICES WHICH WORK AT OR WITH CIRDIC Communicare Connett Reading HM Probation Service CGL Ichonge Grow Livel- drug and alcohol service Launch Pad Mental Health Nurses NHS Nurse5 Podiatrist Hairdresser St Mungo's- Homelessness Charity PAID STAFF VOLUNTEERS & SUPPORTER5 During the year, the company had the services of two part time pald staff- the Manager and the Centre Administrator. Four of the Trustees and all the unpaid members of the Management Committee also worked as volunteers at the Centre. There are currently approximately 30 volunteers in total, withoLbt whom it would not be possible to run CiRDiC. All new volunteers are required to undertake Adult Safeguarding training. CiRDiC retained it5 five-star Health and Hygiene rating awarded by Reading Borough Council in 2023 and Health and Hygiene training is offered to all volunteers. During this last year we have continued to receive generoLFS donation5 of food from Costco, and Waitrose. In addition, we have been grateful for regular donations from Greens 8utchers, Pangbourne, Sheepland5 Farm, St. Vincent de Paul, Ismaili Civic and The Co-op. We are also indebted to local churches, The Rotsry Clubs, schools, and many individuals who generosjsly support us with funding and gifts of food, toiletries and clothing.

FINANCIAL OVERVIEW OF THE PERIOD During this financial year CiRDiC received donations and grant funding to the total of £95,155. Outgoings were £110,113. Whilst this is a significant deficit, CiRDiC still remains in a financially sound position, and we are confident of increasing our donation during the next financial year. DIVIDENDS It is a requirement of the Memorandum of Association of the Centre that no distribution5 shall be made to the people who are members of the company at any time. John Davies Chair 31" October 2023

Churches in Reading Drop-In Centre Statement of the financial activities incorporating an income and expenditure account and statement of Total Recognised gains and losses for the year ended 31st March 2023

All donations detailed are received in the UK only

Unrestricted £ 14,188 21,768 46,111 - 359 11,492 - 177 31	Designated £ - - - - - - - - -	Restricted £ - - 1,029 - - - - - -	Total 2023 £ 14,188 21,768 47,140 - 359 11,492 - 177 31	Total 2022 £ 16,044 17,586 18,655 - 577 6,975 3,705 11 104
94,126	-	1,029	95,155	63,657
103,409 504	- -	6,333 109,742 105,016 - 504 480
103,913	-	6,333 110,246 105,496
(9,787) - 101,495	- - -	(5,304) (15,091) (41,839) - - - 10,304 111,799 153,638
91,708	-	5,000 96,708 111,799

Page 1

Churches in Reading Drop-In Centre Balance Sheet at 31st March 2023

1,994 90,387	1,867 102,947	2022 £ 7,585 104,814 600
4,451	600

		104,214
		111,799
		10,304 - 101,495
		111,799

The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31st March 2023

The members have not required the company to obtain an audit of it's financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006

The trustees anknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which 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 company as at the end of each financial year and of it's profit or loss 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 company.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the trustees on 29th September 2023 and were signed on their behalf by:

J Davies

Page 2

T Rodrigues

Churches in Reading Drop-In Centre Notes to the accounts for the year ended 31st March 2023

NOTE 1: ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of section 1A "Small Entities" of Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland and Companies Act 2006. The financial statements have been prepared under the historical cost convention

Income receivable

All donation and grant income is included when received except for grant income from Reading Borough Council, which is recognised on the dates that the instalments become due

Contibutions in kind

The Centre receives considerable amounts of food and clothing in kind, rather than money being given to purchase these items. No account has been taken of these receipts as it would not be practical to do so. These items are consumed by or donated on to the Centre's guests or, in the case of surpluses, occasionally donated to other charities or if servicable, sold for rags. Similarly, no account has been taken of the building work, maintenance or gardening carried out by the Centre's volunteers and guests.

Bank interest

Bank interest is credited in the income & expenditure account on the basis of the amounts having become credited during the year

Fixed assets

Depreciation is provided on all fixed assets in a manner designed to write off their costs, less estimated residual values, by the following methods and at the following rates:

Furniture and equipment	25% reducing balance
Computer equipment	25% straight line
Security system	33% straight line
Building improvements	25% straight line

No account is taken of fixed assets that have been donated to the Centre, as this would be impractical. The Trustees do not believe that any effect on the accounts would be material.

Stocks

No account has been taken of stocks of food and clothing held at the balance sheet date, as these are intended for consumption by or donation to the Centre's guests.

Operating leases

Rentals paid under operating leases are charged to the unrestricted income & expenditure account and statement of financial activities as incurred.

Page 3

Churches in Reading Drop-In Centre Notes to the accounts for the year ended 31st March 2023

Funds

The general fund (General Reserve) represents the accrued unspent reserves that are not subject to any restriction. Designated funds have been set aside from the general fund by the Trustees to pay for specific projects, but these may be restored to the general fund if the Trustees decide that such a course would be prudent. As CIRDIC is dependent for the greater part of its income upon donations, which may vary from year to year, the Trustees have decided upon a policy of retaining at least two years normal outgoings

in these funds, increasing fundraising activity when required. When taken together, at the 31st March 2023 these designated and general funds represented approximately 25 months of expenditure. Restricted funds represent donations received for specific purposes so far as not already spent

NOTE 2: ACCOUNT HEADINGS

On the Balance Sheet and in the Statement of Financial Activities and the associated notes the Trustees have in certain cases departed from the headings contained in the Companies Acts in order to present the user of these accounts with a true and fair view.

NOTE 3: TANGIBLE ASSETS

Building Improves £ 174,165 3,150 -	Furn & Equip £ 27,434 793 -	Computer Equipment	Security System £ 3,512 - -	Total £ 208,018 3,943 -
		£ 2,907 - -
177,315	28,227	2,907	3,512	211,961
174,164 788 -	20,653 1,695 -	2,105 267 -	3,511 - -	200,433 2,750 -
174,952	22,348	2,372	3,511	203,183
2,363	5,879	535	1	8,778
1	6,781	802	1	7,585
	2023 £ 1,994		2022 £ 1,867

Page 4

Churches in Reading Drop-In Centre Notes to the accounts for the year ended 31st March 2023

NOTE 5: CREDITORS (amounts falling due within one year)

Accruals PAYE account	2023 £ 600 3,851 4,451	2022 £ 600 -
		600

NOTE 6: COST OF RESOURCES EXPENDED

Rent of building Food, etc Heat and Light Travel Telephone & computer Repairs & renewals Water rates Legal & professional fees---accounts Council tax Bank charges Subscriptions Donations Website Volunteer expenses Domestic and hygiene Employment costs Insurance premiums Post & stationery Training Publicity Depreciation Loss on asset disposal Educational projects Computer & office decoration Administration Sundries Women's centre	Unrestricted £ 16,546 131 10,462 - 1,699 1,145 1,173 504 594 102 35 - 121 315 - 62,490 3,855 179 48 500 2,750 - - - 50 - 1,214	Designated £ - - - - - - - - - - - - - - - - - - - - - - - - - - -	Restricted 2023 2022 £ £ £ - 16,546 14,008 - 131 - - 10,462 3,152 - - - - 1,699 1,649 - 1,145 236 - 1,173 (650) - 504 480 - 594 594 - 102 95 - 35 69 - - - - 121 260 - 315 100 5,801 5,801 6,786 - 62,490 56,227 - 3,855 3,563 - 179 259 - 48 108 - 500 - - 2,750 15,339 - - - 532 532 4 - - 2,300 - 50 125 - - - - 1,214 792
	103,913	-	6,333 110,246 105,496

NOTE 7 : COST of GOVERNANCE

Professional charges	2023 £ 504 504	2022 £ 480
		480

NOTE 8: REMUNERATION

No remuneration was paid and no benefits accrued to Trustees during the year or during the previous year.

During the year the sum of £0 was paid to Trustees to cover the cost of travel (2022--£0)

Page 5

Churches in Reading Drop-In Centre Notes to the accounts for the year ended 31st March 2023

NOTE 9: INTEREST RECEIVABLE AND SIMILAR INCOME

Bank interest	2023 £ 177 177	2022 £ 11
		11

NOTE 10: OPERATING LEASES

The company holds a renewed property lease that expires on 31st December 2023. The rents due for the remainder of the lease being detailed below.

Rents becoming due under the above mentioned lease Year to 31st March 2024	2023 £ 10,125

NOTE 11: EMPLOYEES

CIRDIC employed two persons during the year. Both employees worked mainly at CIRDIC (Berkley Avenue). As in prevous years, they were assisted by volunteers, including several Trustees.

NOTE 12: TAXATION

As a registered charity the Centre is exempt from direct United Kingdom taxation. Refunds of income tax on and donations under the Gift Aid scheme are included in the category of income in which the underlying donation is included.

The Centre enjoys no general exemption from Value Added Tax.

Page 6

Churches in Reading Drop-In Centre Legal and Administrative details

LEGAL STATUS

The Centre is a company limited by guarantee, registered in England and Wales. The company registration number is 2652137. The Centre is a registered charity, number 1005654. The Trustees constitute the ultimate controlling party

DIRECTORS, TRUSTEES, ETC

The names of the directors and members of the Management Committee are set out on page 1

ADDRESSES

Registered Office	8 Lea Close
	Reading
	RG30 3NB
The Centre	Berkeley Avenue
	Reading
	RG1 6JT
Chair	8 Lea Close
	Reading
	RG30 3NB
BANKERS AND ADVISORS
Bankers	Barclays Bank plc
	P O Box 27
	Reading
	RG1 2HD
	Sort Code 20-71-03
	Current account 70269573
Accountants	Brywel Associates
	Suite 5, Chiltern Court
	37 St Peters Avenue
	Caversham
	Reading
	RG4 7DH

Page 7

Independent review of accounts for Churches in Reading Drop-in Centre To 31st March 2023

29[th] September 2023

We can confirm that we have carried out an independent review of the records and accounts for the Churches in Reading Drop-in Centre for the year to 31[st] March 2023 and have produced the attached accounts for the trustees’/director’s agreement and for filing at Companies House and with the Charities Commission.

Mr. A S Bryant FFA/FIAP FFTA FIAB Brywel Associates 5 Chiltern Court, 37 St Peters Avenue, Reading, RG4 7DH