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 n1aler￿lS 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 reCO￿ltI0￿ 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