Charity Re£istration Number: 1037518 Centre of Wellbelngg Training & Culture Report and F]inancial Sta(ements Year Ei nded 31 March 2024
CF.NTRE Oll W&'.LI.BFING, TRAINING & CULTURE Contents Page Meiiibers of tlie Board and profession21 advisei's Ti'uslees Aiiiiiial Repoi-l Indepeiidcnt Exaininatioii Statement of F iiiancial Activilies Balaiice Slieet Notes to tlie fiiiAI)cial slateineiits 8-10
CENTREI OF WF.LLBEKNG. TRAININC. & CULTURE MEMBERS OF THK BOARD AND PROFESSIONAL ADVISORS Registered ChaJ"ity Name cel1t of Wellbeiiig, Traiiiing & Ciilture ChaR'Ety Numbei. 1037518 Registered Office cel1t of Wellbeing, Ti'c1iiiiiJg & Cultiii'c Medtia Chainbers, Fii'st Floor 5 Bc11-11 Street Oldli<21n OLI ILI) Ti'ustees Klialida Yasin 'r. Ahmed A.sif M¢ihinood Accountanls A.N. &CO 128A Spotlaiid Koad Rochddle OLI2 6PJ Banliers Bl< rclays Baiik pl¢ l Yoi'ksli lit Stirct Roclidale OL16 IBII
CENTRE OF WELLBKINC: 'fRAININC. & CULTURE "I"RU,STEKS ANNUAL IIEPORT Tlie li-listees aiid dii'ectoi's foi. tSie PLlI'poses of compdl)y law present their aiinual report aiid the uiiaudited finginciLI statenieiits of tlie cliai'ity for the yeai. elided 31 Mai-ch 2024. Striietiire, GoveYn211ee and Management Goveriiin Dociiin¢iit CciitlE of Wel Ibeiiig. Ti-aiiiiiig & Ciiltiire IV1( s Irgiglercd as a cliarity on 13tli May 1994. Reci'uTliiiciit aiid Ti?iiiiii of Tnistees The Ti'ustees al'e clPPOillted iii accoi-daiicc willi tlie Coiistitution of tlie association. aiiisatioiial & Risk Mana eiiieiit Lack of fiiiiding SLipport for staff Sir laTi¢S. Ri8k of atti'actiiig fLiiidii)¢) diie to diiplic¢ltioii. Lack of slaly Io ¥111ow Ilie Clii¢t" ExecLltiv¢ 10 foLiis oli developmental aiid sli'alegic work, Fiiiidiiig appl iC¢ilioiis al-e 1111¢ dc iii ¢l(Ivance to eiisiire L()iilil)Iiily of activities sliould theit be a iiiajoi. rediictioii iii incoiiie. Risk Assessineiits al'e undertakcii bcfoiE all activities. A plaiiiiiiig sessioii takes place with leariiers oi. parliiei3 to Initigate ¢iiid I'isks for desired oiit¢oii)es, Tlie clieques al'e sigiied by aiiy of 2 sigiiatories, the Chaii. and treasiirer for all tl)e payinents, The accounts al'e iijaiiaged by fi'ccllliice accouiitaiil <1t tlie ccntre. Tlie PA YE aiid accouiils ait verified by exteri)ttl acLoLiiilaiit, Objeclives, Aims aiitl Aelivilies Cliaritable Ob'ectives. Tlie Cliarity's objects arc to advance within tlie Boroiigli, Noi'th Wesl and Iiiteriiatioiially, tlie educalioii of tlie piiblic iii the Liiidei-slaiidiiig aiid apprecialioii of Miilticiiltui'al Arts aiid Mcdia educatioii iii all its foi'ms. To support disadvantiiged 0p1¢ in educdtion, recreatioii. lrniiiiiig aiid liealtli. Priiici al Activilies eiid iii li fLlI)dii) Siippnitiiig Comniuiiitics Liiik PIDjLct Wellbeiiig Cllfé to provide pailicipatory worksliops in Therapcutic Arts and iiiforinatioii scivices. Woi'k Placcmeiits Accreditcd oiiline and face to face courses iii Dcillciitia, Mejital Healtli, Supportijig Carers, Diabetes Siipportiiig Yoiiiig People iEitv Medid Iiidustry Cominiinity Podcast aiid CWTV Online Commiiiiity Cliaiiiiel Qawwali Fiisioii Siifi MLISIC Cu Itiii'al Excliaiige ProiFraiiiiiie with Pakistaii Developiiig bilii)gLial fftiifoi-lnatioii n1alerlS for Soutli Asiaii coiiiiniiiiity.
CLN'fRE OTr WF.LLIIEING, I'RAINING & CULI'UR TRUSTEES ANNUAL REPORT Colltiibution b voliiiiteers. Tlie 01-gaiiisatioii pi-idcs itself for providing woi'k placeilleiits to iiiieinployed aii(I voliiiiteei-s tlirough tlie Positive Steps, Oldliani College, Oldliain Sixth forin Acadeiny, Job Centre Pliis and self-referrals. Tliis has lielped tlie staff to rclcase from basic diities to deliiier liiiljOI- pi-ojects. 'fiie feed of skills leariit by voluiiteers at Ilie cciiti-¢ liave gaiiied their coiifideiiLe ii) offic¢, technical, cultiii'al and e0lT]niiiiiicatioii skills. Tlie orgaiiisatioi) Ilas also developed in-house tl.2iiiii)g incidule, 'Work Placemei)t 14andbook at CWTC" whicli has beeii welcotned by the.lob Ceiitir Plus and refeml agciicies as a reCOltI0 of qildlity systeins. Revieiv of ALhievemeiits an(1 l)ei"f(Irmanee foi. Ihe Year Tlie oi'gaiiisatioii acEiievemeiits have becn able to continiie witli fiiiidiiig froill Community fLlI)d, Tlie Greggs Foiindation, Action Togetlier ai)d Gai'field Westen). CWTC is also rcpirsenting on the board of Oldliaiii Sti'ategic Cultiii-lll Partiiersliip and Coinmui)ity ExploiErs tliroiigh Actioii Togetlier. Tlie venlie is 5 Bai-ii Sti'cct. Oldliain to exteijd tLirtl)ci- opportllllity for siipportiiig cominuiiitics link project, paitiiei'sliip workiiig, traiiiing. Ined ia skills. and wel Ibcing cafe witli a poteiitial for inconie gciieratioii. inancial Review Tlie iiiembers of the Board of Ti'iistees have ¢stabli.sl)ed u pr)licy wliereby Ilicy coiisidei, it to be pi'udeiit to liold Iiiircstricted fiiiids not coininittcd oi. ii)volvcd iii Iicngible fixed assets, of betweeii 3 nioiitlis and 6 nioiitl)s of I'csoui'ces expeiided, £20.000 to £30.000. At tliis level tlle Bo¢ird of 'l'riistv¢s feel tlial tl)ey woiild be able to coiiliiiue ilic cui'rei)t activitics of the Cliarity in tlie eveiit of a sigii ificaiit di'op iii tlie fiii)diiig. It would obvioLisly be neLe&$2iy to consider Iiow thc liiiiding would be placed or activities cliarged. Iiivestinei)t Polic Tlie associaLioii's Iiicoiiic aiid Expciiditiire is very sinal l ai)cl coiiseqiici)tly docs iiot cui'ieiitly liave sufficient fuiids lo iiivest loiigei- terin. %LILlI, as extr<1 Staffiiig. eqiiipineiil and i)iajor projects. Tlie associatioii lias tlierefoi'c adopied a low-j'isk sli'aiegy towai'ds 11)e iiiveslinciit of its lim ited ftiiids. Trustees Responsibilities in relation to tlic Financial Statement8 The Cliai'ities Act 1993 reqliires the Trustees to pitpait fiiiaiicial stateiiients for each finaiicial yeai.. Uiidei. tliat law tlie I'rustees liave elected to prepare tlie fiiixiicial stateiiieiits iii accoi'dL1ncc with Uiiiled Kiiigdoin Geiierally Accepted Accouiiliiig PraLtice (Uiiited K iiigdoin Accoiinting Standai-ds aiid applicable law), Tlie fiiiaiicial statemeiits are IEqLiii'¢d by law to give a ti'iie <iiid fail- view of tlie %iliiatioii of tlie charity aiid of the siii'pliis oi. deficit of tlie cliaiity foi. tlicll pcriod. Iii pi'epariiig thc fiiiaiicial statciiients, tlie Trustees aiE required to: Select su itable accoiinting policies and theii apply thein coiisistently. Make judgeiiieiits aiid estiinates tliat al'e i-easoiiable and prLideiit. Prepair tl)e financial stateineiits on tlie going concern basis iinless it is iiiapproi)I'iate to presiime that the charity will contiiiiie in opei-¢2tion. Tlie Trusiees are I'esponsible for keepijig proper ilCCOllllting rcLords wh icli disclose iyitli IEason<ibl¢ acciii7cy at aiiy tiine the finan¢i111 positioii of tlie trust. 'lkne Trii.stces are also Irspoiisible for safegliardiiig tlie assets of tlie ¢liarity and hence t"oJ' taklng? iYasoiiabl¢ stcps lor the preventioii and detectioii of fraud aiid otliei. irregularitics. By Ordei" of thc Trustccs
CE4 NTREI OF WELLBKING, TRAINING & CULTUREI REPORT TO THE MEMBERS ON THF UNAUDITED FINAP4CIAL STATEMLNTS OF CENTRE or WFLLBEING, TRAINING & CULTURE YEAR LNDED 31 MARCH 2024 We report oli tlie accoiints for tlie year ended 31 Marcli 2024 set out oli pages 6 to l O. Respective responsibilities of ti"ustees examiner Tlie cliai'ity's Ii'iistees al'e t'espoii.%ible for the pi-epai'dlioii of tlie Ccollllts. 'fiie cliai'ity's ti'iistees coiisider ihat ai) aiidit is iiol i'¢qiiiiid iui. tliis y¥ai- Illidci. clI01} IIA(?) of the Cliai-ilie.s Ac.t ?.01 l {tli¢ 2011 Act) aiid tl)at ali iiidependent exan) ination is iieeded. It is niy I'csponsibility to.. examiiie tlie accoiints iiiidei. section 145 of tlie 201 l Acf. to fol loiv tlie procediiiEs laid dowii iii tlie geiiei-al DiiEGlioiis giveii by tlie Charily Cominissioii Linder sectioii 14 5(5)(bl nf Ilie 201 l Act: aiid to state wlictliei. Inatlci's li<lve coine to iiiy atteiitioii. BA818 of in(lependent exaininer's repftrl My exainiiiation was caiTied out iii accordaiice witli tlie geiiei-al Dii'ectioiis giveii by tlie Charity Coiniii ission. Ali examination incliidcs a I'cview of tl)e accoiiiitiiig records kcpi by tlie cliai-ity ai)d a coinpai-isoii of 11)e accoLllIts preseiited witli tliose records. It also iiicliidcs coiisidc)-<ilioii uf aiiy iiiiUSLial ilcins or disclosiires in thc accouiits aiid seelciiig explai)atioiis froill yoii as li'iistees coiiceriiiiig aiiy siicli Inatters. Tlie pl.edureS Liiidertakeii do iiot pi'ovide al I tlie evideiice tliat wiiiild be I'cqiiii'ed iii an aiidit aiid coiisequeiitly iio opiiiioii is giveii as to wlictl)ei' tlie accouiits pi'cseiit a 'ti'iie and fair vtew, and the repoil is liiii ited to those matters set out in the st<ilemei)t below. Independellt exRminer'8 Statement li) coiiiiectioii with Iiiy exainiiiittion, no matler has come to Iny allention.. wliicli gives Ine IEasoithble cause to believe il)at in aiiy inaterial rcspect tlie reqliireinents: lo keep accoLintiiig I'eLOI'ds it) accoi'dai)cc witli sectioii 130 01. tlie 201 l Act. and to prepare accoiiiits wl)i¢li accord wilh tlie accoiinlii)g rdS aiid coinply witli tlie accounti118 rcqiiireiiieiils ol. tli¢ 201 l Acl. liave not be£ii met- or 2. to whicli, iii ITJY opiiiioii, attention sliould be drawn to Cll¢ible a proper uiidei'staiidiiig of tlie accouiits to be reached. Nassar Alliiied Gliouri BA (Hons) Accountaiicy. fFA.FFTA A.N&CO 128A Spotland Road Roclidale Lancasliii'e OL12 6PJ N.&.CO Accounlants & Tax Consullants 428A Spotland Road Rochdale OL12 6PJ Telephone.. 017Q6.710455
CENTIiEI OF WELLBEING 'I'RAINtNG & CULTURE STATEMENT OF FINANCIAL ACTIVII'ILI S YEAR ENDED 31 MARCII 2024 Unreslricted Restricte(I FiiJ)ds Funds 2024 2024 Total Funds 2024 Total Fllnds 2023 INCOMING RESOURCES IncomiDg resources from gencrate(I fiin(Is Graiitlvoluiitary liicome Inctsming resoui.ces from eharitable activilies 65.241 65,241 39,660 TOTAL INCOMING IIF.S()URCEI S 65241 65,241 39,660 REI SOURCE¢ S XPE¢ NDED Ac¢oiiiitanGy Fees Artistrriitor Fees Pi-ojects Expenses Salaries Legal & Pi'ofcssioii<11 Fees Preiiiises Expenses Printing, Postage & Statioiiary Refi'eshmeiits Relit & Rates Motor Expeiises Utilities Travel liiig Depi'eciatioii Total Resources Expend1 soo 29,541 9.544 57.032 1 ,879 1,388 208 soo 29.541 9,544 60,491 1,879 1,388 208 500 8,600 11,488 15,346 1,205 1,265 464 265 11,000 2,483 7,387 254 576 60,833 3,459 12.482 1.623 4.094 12,482 1 ,623 4,094 719 719 122,469 3,459 119,010 Net movement in funds Total Funds brought forwai (3,4$9) (53,769) (£7,228) 30,232 62,170 92,402 (21,173) 113,575 TOTAL FUNDS CARRILD FORWARD 26,773 8,401 35.174 92,402 The notes on pages 8 to l O form part of tliese fiiiancial stalemeiits.
CENTRE OF WELLBEtNG TRAINtNG & CULTURE RALANCE SHF.ET AS AT 31 MARCH 2024 2024 2023 Noles FIXED ASSETS Tangible Fixed Assets 2.158 1,728 CURRENT ASSETS Debtors Cash at Baiik aiid iii Haiid 134,900 134,900 128,886 128.886 CREDITORS: Amounts 12lling due withiii one yeai. 101,884 38,212 T CUIIRENT ASSFI'S 33,016 90,674 TOTAL NEI T ASSETS 35.174 92,402 FUNDS OF THE CHARITY Uiii'esti'icted FLinds Restricted Fuiids TOTAL FUNDS 26.773 8,401 35,174 30,232 62,170 92,402 The fiiiancial stateiiieiits were appi'oved by t1 Triislee8 011 2 3 diid sigiied on tlieii. behalf Sigiicd Triistee
CENTRE OF WELLBEING TRAINING & CULTURE NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 I. ACCOI7NTING POLICIES Basis of accounting The fmancial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting stsndards, the statement of Recomm¢nd¢d Practice "A¢counting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 1993. Incoming Resources Grants, recharged expenditures. and care provision ar¢ credited to revenue on a receivable basis. Voluntary income and donations are accounted for as received by the charity. All income is allocat¢d to appropriate funds based on the income. Resources Expended Costs are recogniz¢d on an aru&13 basis wh¢n an obligation ariS. Fixed Assets All fixed ass¢ts are initially recorded at cost and depTr¢iateAI by 25 % annually on diminishing balanc¢ method. 2. VOLUNTARY INCOME 2024 2023 Total Funds Restrieted Fuuds Total Funds TNLCF The Greggs Foundation Action Together, Oldham Oth¢r Grants 37,500 18,280 1,000 37,500 18,280 1,000 8,461 65,241 65341 39,660
- FEI Ei S FOR THE EXAMJNATION OFTHE AccoifNTS 2024 2023 Iiidepeiideiit r.Xiiiniiier's Pces foi- ltpoi1iiig i)ii tlie accoiiiTrts Otl)ei- fees Piiid to tlie iiidepciideiit examinei. 270 270 230 230 500 500
- STAFF COSTS AND F.MOLUMENTS Staff Costs 20£4 £023 Wages Einployei s Natioiial Iiisiii-aiicc cosls Ejnployeis Peiisioii Coiili'il)iitioiis 58,800 579 1,112 60,491 15,081 265 15J46 2024 2023 Adiiiinisti'alioii S. TANGIBLL FIXED ASSF.TS 2024 2023 Cost ds at 01104123 Additions Cost as at 31103124 41,234 1.149 42,383 41,234 41,234 ALLiimiilated Depi'ceiation: Acciiiniilatcd Depi'eciati()ii al 01104123 Depreciation cli¢21-ge for the year AL'Lumulated DeprecAation at 31103r24 39,506 719 38,930 576 411,225 39,506 2,158 1,728
CENTIIE OF WELLBEING TRAINING & CULI'UR NOTEI S TO THE FINANCIAL STATE111 NTS foi. the yellr en(led 31 Mai'ch 2024 6. DFBI'ORS 2024 2023 Irade debtors 7. CREDITORS: Axnollnls falliiiE due ivilhin one year 2024 2023 Trade creditoi Accruals aiid i)i-epaid ii)coine Thxatioii & Social Seciii'ity 1,593 93,592 6,699 1111,884 2,841 35,042 328 38,211 ALLOCATION OF CHARITY'S NF.T A,SSETS Vixcd Net Curreiil Assel.¥ Assets Total Unrcsti'ictcd fiiiids Resti'icted Fuiids 2,158 2,158 33,016 35,174 33,016 33,016 2,158 10-