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**
|**INCOME AND EXPENDITURE**
**INCOMING RESOURCES**
Donations from churches
Donations from individuals
Donations from other organisations
Fundraising
Women centre
Local authority grants
Gift Aid income
Interest received
Note 9
Sundry receipts
**COST OF RESOURCES EXPENDED**
Charitable activities
Note 6
Governance
Note 7
**Net incoming(outgoing) resources**
**expended for the year**
**Transfers between funds**
**Fund balances b/f at 1st April 2022**
**Fund balances c/f at 31st March 2023**||**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**
|**FIXED ASSETS**
Note 3
**CURRENT ASSETS**
Debtors
Note 4
Cash at bank & in hand
**CURRENT LIABILITIES**
Creditors
Note 5
**NET CURRENT ASSETS**
**TOTAL ASSETS**
**REPRESENTED BY**
Restricted funds
Designated funds
Revenue reserve|1,994
90,387||**2023**
**£**
8,778
92,381
4,451
87,930
96,708
5,000
-
91,708
96,708|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**
|**Cost**
At 1st April 2022
Additions
Disposals
At 31st March 2023
**Depreciation**
At 1st April 2022
Charge in period
Eliminated on Disposals
At 31st March 2023
**Net book value**
At 31st March 2023
At 31st March 2022
**NOTE 4: DEBTORS**
Prepayments and accrued income||**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