## **UPPERTOWN SOCIAL CENTRE** Charity Commission Registered Number: 1023876 ## **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022** ## Charity Address Uppertown Social Centre, Uppertown, Chesterfield, Derbyshire, S45 0JF ## Trustees David William Adams Richard Fidler Kathleen Annette Fisher George Edward Marriott ## Bankers Santander Royal Bank of Scotland ## Charitable Purposes The Centre was established on 29th November 1954 in a Declaration of Trust which appointed trustees to hold the property in trust to be used as a village hall for recreational and religious purposes and for any other purpose for the benefit of the inhabitants of Uppertown and the surrounding neighbourhood. ## Summary of Activities During the Year The Centre was closed by law from March 2020 due to Covid-19 restrictions. It re-opened on 24th July 2021. Responsibility for day-to day management of the Centre has been delegated by the trustees to a Management Committee of volunteers which usually meets at least once each month. A range of events were held at the Centre during the year with the support of the management committee and other volunteers. In addition the centre was made available to the local community for private functions and charitable causes. ## Reserves Policy The Centre does not hold large reserves. The Management Committee seek to retain sufficient funds to safeguard the future of the building and the facilities it provides to the local community. ## Grant-Making Policy The Centre does not make grants ## Investments selection policy The Centre has a relatively low-risk approach to investment. It has a spread of investments held in unit trusts and shares. Other funds are held on deposit with the Nationwide Building Society. ## Review of major risks Risks are reviewed by the management comittee at monthly meetings. No major risks were identified in 2021/22. **Declaration:** I declare, in my capacity of charity trustee, that: - the trustees have approved the report above; and - have authorised me to sign it on their behalf. **Signature:** **Full name:** Mr G E Marriott **Position:** Trustee and Chairman **Date:** 4th January 2023 ## **UPPERTOWN SOCIAL CENTRE** Charity Commission Registered Number: 1023876 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 2022** |**INCOMING RESOURCES**
Donations and legacies
Income from activities in furtherance of charitable objects
Income from activities for generating funds
Investment income
Other incoming resources
**Total Incoming Resources**
**RESOURCES EXPENDED**
Costs of generating funds
Grants and donations payable
Costs of activities for charitable objectives
Support costs
Management and administration
**Total Resources Expended**
**Net incoming resources before transfers**
Gross transfers between funds
**Net incoming/(outgoing) resources after transfers**
Gains and losses on revaluation of fixed assets
Gains and losses on the revaluation and disposal of investment assets
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**2021/22**
**£**
10,687
19,571
0
270
100
**30,628**
0
0
9,931
11,706
0
**21,636**
8,991
0
**8,991**
0
16,687
**25,678**
**740,112**
**765,790**|**2020/21**
**£**
19,669
50
0
35
100
**19,854**
0
50
639
3,405
0
**4,094**
15,761
0
**15,761**
0
30,586
**46,346**
**693,766**
**740,112**| |---|---|---| |||| 1 ## **UPPERTOWN SOCIAL CENTRE** Charity Commission Registered Number: 1023876 ## **BALANCE SHEET AS AT 31 MARCH 2022** |**FIXED ASSETS**
Tangible Assets
Investments
**Total Fixed Assets**
**CURRENT ASSETS**
Stock and work in progress
Debtors
Cash at Bank and In Hand
**Total Current Assets**
**Creditors: Amounts falling due within one year**
**Net Current Assets/(Liabilities)**
**Total Assets less Current Liabilities**
**Creditors: Amounts falling due after one year**
**Provisions for liabilities and charges**
**Net Assets**
Capital Funds - Expendable Endowment Fund
Revaluation Reserve - Expendable Endowment Fund
Income Funds - Unrestricted Funds
**Total Funds**|**2021/22**
**£**
540,604
124,417
**665,021**
1,125
420
102,797
**104,342**
-3,573
**100,769**
**765,790**
0
0
**765,790**
175,000
295,096
295,694
**765,790**|**2020/21**
**£**
541,429
107,731
**649,160**
494
308
90,190
**90,992**
-40
**90,952**
**740,112**
0
0
**740,112**
175,000
295,096
270,016
**740,112**| |---|---|---| |||| 2 ## **UPPERTOWN SOCIAL CENTRE** Charity Commission Registered Number: 1023876 ## **NOTES TO THE ACCOUNTS 2021/22** ## **Note 1 - General Notes** ## Accounting policies These accounts have been prepared in accordance with: - accounting standards; and - Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2000); and - the Charities Act 1993, except for the following: - The building is shown on the Balance Sheet at its insurance reinstatement value as at 30th September 2019 - (Fidler Taylor). No depreciation is charged on this asset in the accounts. - There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. - No changes have been made to accounts for previous years. ## **Note 2 - Expenditure** ## **(a) Fees for examining the accounts** |
Independent examiner's fees for reporting on the accounts
Other fees paid to the independent examiner
**(b) Analysis of resources expended**
Costs of generating funds
Total
Costs of activities in furtherance of the charity's objects
Organised events
Private hire
Other
Total
Support costs
Maintenance & cleaning
Rates and utilities
Insurance, depreciation & other
Total
Management & administration costs
Total
**Note 3 - Grants Made**|**This year**
**Last year**
**£**
**£**
0
0
0
0
**This year**
**Last year**
**£**
**£**
0
0
£
£
7,497
639
2,434
0
0
50
9,931
689
£
£
5,077
653
4,682
704
1,946
2,048
11,706
3,405
£
£
0
0| |---|---| No grants or donations were made in the year ## **Note 4 - Paid Employees** Uppertown Social Centre has no employees 3 ## **Note 5 - Trustees and other Related Parties** **----- Start of picture text -----**
|||| |---|---|---| |This year|Last year| |Trustee expenses|£|£| |Number of trustees who were paid expenses|0|0| |Total amount paid|0|0| **----- End of picture text -----**
## Related party transactions There were no related party transactions during the year There were no amounts owing to or from the trustee, persons connected with them or other related parties at the year-end date. ## **Note 6 - Tangible Fixed Assets** ## Asset cost or valuation **----- Start of picture text -----**
||||| |---|---|---|---| |Freehold|Fixtures,|Total| |Land &|Fittings &| |Buildings|Equipment| |£|£|£| |Balance brought forward|535,000|24,713|559,713| |Additions|0|0| |Disposals|0|0| |Transfers|0|0|0| |Revaluations|0|0|0| |Balance carried forward|535,000|24,713|559,713| |Accumulated depreciation and impairment provisions| |Basis|None|Reducing Balance| |Rate|0%|20%| |Balance brought forward|0|-18,283|-18,283| |Disposals|0|0| |Transfers|0|0|0| |Revaluations|0|0|0| |Impairment provisions|0|0|0| |Charge for year|0|-825|-825| |Balance carried forward|0|-19,108|-19,108| |Net Book Value| |Brought forward|535,000|6,429|541,429| |Carried forward|535,000|5,605|540,604| |Note 7 - Investment Assets| |£| |Market value at beginning of year|107,731| |Add: additions to investments at costs|0| |Less: carrying value of investments sold|0| |Add/(deduct): net gain/(loss) on revaluation|16,687| |Market value at end of year|124,417| |Market value| |at year-end| |£| |Investments listed on stock exchange|267| |Investments held in unit trusts|124,151| |Total|124,417| **----- End of picture text -----**
4 ## **Note 8 -Debtors and Prepayments** |Trade debtors
Other debtors
Prepayments
Accrued income
Total|This year
Last year
This year
Last year
£
£
£
£
0
0
420
308
0
0
0
0
420
308
0
0
Amounts due <1 year
Amounts due >1 year| |---|---| ## **Note 9 -Creditors and Accruals** |Trade creditors
Accruals
Total|This year
Last year
This year
Last year
£
£
£
£
-3,573
-40
0
0
-3,573
-40
0
0
Amounts due <1 year
Amounts due >1 year| |---|---| ## **Note 10 - Endowment and Restricted Funds** ## Expendable Endowment Funds The Trust Deed permits the trustees to mortgage or sell the land and property held by Uppertown Social Centre. ## **Note 11 - Movement of the Major Funds** There were no movements in expendable endowment funds, or transfers between funds, during the year. ## **Note 12 - Other Information** - (a) There are no material commitments not provided for in the accounts - (b) No guarantees have been given to third parties that could be called on at the year-end - (c) There are no loans outstanding to or from any institution - (d) No ex gratia payments were made during the year ## **Note 13 - Declarations** ## **Adequacy of assets to meet fund restrictions** Sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed. ## **Change in year end** The trustees have not changed the year end date nor the length of the charity's financial year. ## **Designated Funds** The charity does not have any designated funds. ## **Discontinued, continuing and acquired operations** All the charity's operations are continuing operations and there were no operations discontinued or acquired during the year. ## **Funds in defecit** No funds (unrestricted, designated, restricted or endowment) are in defecit at the balance sheet date. ## **Inalienable or historic assets** The charity had no assets at the balance sheet date classed as inalienable or historic. ## **Intangible Assets** The charity has no intangible assets. ## **Inter-fund Loans** There were no inter-fund loans outstanding at the balance sheet date. ## **Revaluations** None of the charity's functional fixed assets have been revalued during the year and the charity does not have a policy of revaluation of these assets. The charity's premises were revalued by Fidler Taylor on 30th September 2019, resulting in a reinstatement figure for insurance valuation of £535,000. The movement in the revaluation reserve was £295,096. ## **Subsidiaries** The charity has no subsidiary companies. ## **Uncapitalised fixed assets** The charity has no material fixed assets which have not been capitalised and included on the balance sheet. 5 **Independent examiner's report on the accounts** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Respective**
**responsibilities of**
**trustees and examiner**
**Basis of independent**
**examiner’s statement**
**Independent**
**examiner's statement**
**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||Charity Name
Uppertown Social Centre||| |---|---|---|---|---| |||31stMarch 2022
**Charity no (if any)**||| ||||1023876|| |||||| |||1 to 5
(remember to include the page numbers of additional sheets)||| |||The charity's trustees consider that an audit is not required for this year
(under section 43(2) of the Charities Act 1993 (the Act)) and that an
independent examination is needed.
It is my responsibility to

examine the accounts (under section 43 of the Act),

to follow the procedures laid down in the General Directions given by the
Charity Commission (under section 43(7)(b) of the Act), and

to state whether particular matters have come to my attention.
My examination was carried out in accordance with General Directions given
by the Charity Commissioners. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the
trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequently I do not express an audit opinion on the accounts.
In the course of my examination, no matter has come to my attention~~(other~~
~~than that disclosed below *)~~
1. which gives me reasonable cause to believe that in, any material respect,
the trustees have not met the requirements to ensure that:

proper accounting records are kept (in accordance with section 41 of
the Act); and

accounts are prepared which agree with the accounting records and
comply with the accounting requirements of the Act; or
2. to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
*_Please delete the words in the brackets if they do not apply._
**Date:**
16/01/23||| |||||16/01/23| |||||| |||MICHAEL SMITH||| |||||| |||FCCA||| |||||| |||||| |||201 MIDDLECROFT ROAD SOUTH||| |||STAVELEY||| |||CHESTERFIELD||| |||S43 3NQ||| 1 **IER** ## **Disclosure section** Only complete if the examiner needs to highlight material problems. **Give here brief details of any items that the examiner wishes to disclose** . 2 **IER**