UPPERTOWN SOCIAL CENTRE Charity Commission Registered Number: 1023876 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Chari Address Uppertown Social Centre, Uppertown, Chesterfield, Derbyshire, S45 OJF Trustees David William Adams Richard Fidler Kathleen Annette Fisher George Edward Marriott Bankers Santander Royal Bank of Scotland Charitable Pur ses The Centre was established on 29th November 1954 in a Declaration of Trust which appointed trustees to hold the propety in trust to be used as a village hall for recreational and religÈous purposes and for any other purpose for the benefrt of the inhabitants of Uppertown and the surrounding neighbourhood. Summa of Activities Durin the Year Reswnsibility 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 charitsble causes. Reserves Poli The Centre d￿S not hold large reseNes. The Managemenl Committee seek to retain Suff￿lent funds to safeguard the future of the building and the facilities it provides to the local communty. Grant-makin Poli The Centre does not make grants Investments sewion 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 ma or risks Risks are reviewed by the management comittee at monthly meetings. No major risks were identified in 2023124. Declaration: I declare, in my capacty of charity trustee, that: - the trustees have approved the report above; and have authorised me to sign it on their behalf. Slgnature: Full name: Mr G E Marriott Posltlon: Trustee and ChaiM￿n Dats: UPPERTOWN SOCIAL CENTRE Charity Commission Registered Number: 1023876 STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 2024 2023124 2022123 INCOMING RESOURCES Donations and legacies Income from activities in furtheran￿ of charitable objects Income from activities for generating funds Investment income Other incoming resources Total Incoming Resources 2,320 28,580 30.958 2,614 180 33,753 406 150 31 N56 RESOURCES EXPENDED Costs of generating fund8 Grants and donats'ons payable Costs of activities for charitable objectives Support costs Management and administration Total Resources Expended 100 18,651 7,404 16,484 7,756 24,340 Net Incoming re8ource8 before transforn Gross transfers between funds Net incomingl(outgoing) resour¢es after tran8fern 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 fO￿ard Total funds carrled fO￿ard 9,412 5,301 9N12 5,301 7,806 17,218 772,848 1,757 7,058 765,790 UPPERTOWN SOCIAL CENTRE Charty Commission Registered Number: 1023876 BALANCE SHEET AS AT 31 MARCH 2024 2023124 202W23 FIXED ASSETS Tangible Assets Investments Total Fixed Assets 542,035 133,981 676,016 539,898 126,175 666,073 CURRENT ASSETS Stock and work in progress Debtors Cash at Bank and In Hand Totsl Curront Assets 2.204 1,436 161 106,373 107,971 112,223 114,922 Credltors: Amounts falling due within one year 71 -1,195 Net Current Assetsl(Llabllltles> 114,051 106,776 Total Assets less Curront Llabllltles 790.067 772,848 Creditors: Amounts falling due after on• y•ar Provisions for liabilities and charges Net Assets Capital Funds - Expendable Endowment Fund Revaluation Reserve - Expendable Endowment Fund Income Funds - Unrestricted Funds Total Funds 175,000 295,096 319,971 790,067 175,000 295.096 302,752 772,848 Slgned by one or two trustees on behalf of all the trusts•s Name.. George Edward Marriott Signature.. Date: 10-1-2 UPPERTOWN SOCIAL CENTRE Charity Commission Registered Number: 1023876 NOTES TO THE ACCOUNTS 2023-24 Note 1- General Notes Accountin olicies These accounts have been prepared in accordan￿ 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. 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 Thts year Last year Independent examinerfs fees for reporting on Ihe accounts Other fees paid to the independent examiner (b) Analysis of resources expended This year Last year Costs of eneratin funds Total Costs of activities in furtherance of the chari 's ob'ects Organised events Private hire Other Total 13,357 3,127 14,505 4,146 16,484 18,651 ort costs Maintenance & cleaning Rates and utilities Insurance, depreciation & other Total 1,153 2,827 3,876 7,856 905 2,265 4,334 7,504 Mana ement & administration costs Total Note 3 - Grants Made A donation of £100 was made to the Farming Community Network Note 4 - Paid Employees Uppertown Social Centre has no employees Note 5 - Trustees and other Related Partles This year Last year Trustee ex enses Number of trustees who were paid expenses Total amount paid Related art 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 Freehold Land & Buildings Fixtures, Fittings & Equipment Total Balance brought forward Additions Disposals Transfers Revaluations Balance carried forward 535,000 24,713 3,429 559,713 3,429 535,000 28,142 563,141 Accumulated de Basis Rate reciation and im airment rovisions None Reduan Balance 20.10 Balance brought forward Disposals Transfers Revaluations Impairment provisions Charge for year Balance carried forward -19,814 -19,814 -1,292 -21,106 -1.292 -21.106 Net Book Value Brought forward Caffied fotward 535,000 535,000 4,899 7,035 539,898 542,035 Note 7 - Investment Assets Market value at beginning of year Add.. additions to investments at costs Less.. carrying value of investments sold Addl(deduct).' net gainl(loss) on revaluation Market value at end of year 126,175 7,806 133,981 Market value at year-end Investments listed on stock exchange Investments held in unit trusts Total 386 133,595 133,981 Note 8 -DebtorJ and Prepayments Amounts due <1 ear This year Last year Amounts due >1 ear This year Last year Trade debtors Other debtors Prepayments Accrued income Total 494 161 494 161 Note 9 -creditors and Accruals Amounls due <1 ear This year Last year Amounts due >1 ear This year Last year Trade creditors Accruals Total -871 -1,195 -871 -1,195 Note 10 - Endowment and Restricted Funds endable Endowment Funds The Trust Deed pemiits the trustees to mortgage or sell the land and propety 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. Nota 12 - Other Inforniation (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 restrfctions 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. Dlsoontinued. continuing and acqulred operatlons All the charity's operations are continuing operations and there were no operations discontinued or acquired during the year. Fund$ in defeclt 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 intsngible assets. Inter-fund Loans There were no inter-fijnd loans outstanding at the balan￿ sheet date. Revaluations None of the charity's functional fixed assets have been revalued during the year and the charity does not have a poltcy of revaluation ol these assets. Subsldiaries The charity has no subsidiary companies. Uncapitslised fixed assets The charity has no material fixed assets which have nol been capitalised and included on the balance sheet. (KARIIY Independent examiner's report on the accounts Report to the trusteesl members of Uppertown Social Centre On accounts for the year ended 31st March 2024 Charity no (if any) 1023876 Set out on pages 1to5 Respective The charity's trustees consider that an audit is not required for this year responsibilities of (under section 43(2) of the Charities Act 1993 (the Act)) and that an trustees and examiner 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. Basis of independent My examination was carried out in accordance with General Directions given examiner's statement 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 prO￿dureS 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. Independent In the course of my examination, no matter has come to my attention (gtk examiner's statement 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. Stgned: Date: Name: MICHAEL MITH Relevant professional qualification(s) or body (if any): FCCA Address: 201 MIDDLECROFT ROAD SOUTH STAVELEY CHESTERFIELD S43 3NQ IER Disclosure section Only complete if the examiner needs to highlight material problems. Give here brief detsils of any items that the examiner wishes to disclose. IER