New Street CENTRE Promoting Well-being for Older People Annual Report 2023-2024 The Café has continued to provide a much-needed place for isolated elderly people to come to to socialise as well as to enjoy a warm welcome space to eat cooked breakfasts and home cooked community lunches. The success of the Café is down to our Community Chef Annie Cleaver and her dedicated team of volunteer helpers who help to run the café and the community lunches. We have recruited and trained several new volunteers throughout the year to join our established team, and we continue to look for new volunteers to help with a variety of tasks, including delivering cooked lunches out to people in the community, who are unable to come in to the Centre due to health reasons. We have had some major changes this financial year with Nicola Toms leaving in January 2024, and Peter Allison joining us as a Trustee. Carella Davies has taken over from Nicola as our Management Committee Chair. We continue to work in partnership with Cummins who provide us with a team of volunteers every other week to help with the community lunch, and who help us with fund-raising and DIY support too. We continue to open our doors to local organisations that are able to offer information and services to elderly people, and invite clubs to share the hall and run at the same time as the café is open, such as the Knit and Natter and Horizon craft group. I would like to take this opportunity to thank the Trustees for all they have done in helping support the Café, and in particular to Karen Whitcombe for examining our accounts. Carella Davies Chair November 2024 New Street CAFE Promoting Well-belng for Older People NOTES TO THE ACCOUNTS 2023 - 2024 General Overview The accounts forthe New Street Day Centre run from l April 2023 to 31 March 2024, were finalised in nd October 2024 ready for presentation to the AGM on 22 November 2024. This year the café has benefitted from increased day to day sales as well as more income generated from lunches. However, to support these food and consumable costs have also increased. Overall income generated was down on the previous year despite increased takings from food sales. Key Comments The following comments should be viewed in line with the statement of accounts. The quality of the financial records continues to improve- both in maintaining receipts and tracking sales through the till, and the POS system f or people paying by credit card. Th is allows for easier reconciliations and greater conf ide nce in the results, thank you to all involved in this area, During 2023124 a revised menu was introduced together with some increases to prices to help keep up with inflation costs. Despite a minor price increases this doesn't appear to have been detrimental to the amount of usage the café has seen. Takings from food/lunch sales increased this year compared to the previous year, but less income was received f rom grants, leaving us with a def icit of £2,6CKJ. In add ition to this our expenditure has increased by £2.087 on the previous year due to inflation. The carryforward bank balance remains healthy with £6,302 on hand atthe financialyearend. Recommendations We will need to review menu prices in 2024-2025 to ensure we keep up with inflation costs. I recommendthatthis continuesto be monitored on at least an annual basis to ensure the café costs are being covered as the café needs to be self-funding. We will need to explore new ways of fund-raising to increase our income during 2024-2025, including applying for grants where possible. NEW STREET DAY CEIITrE STATEMENT OF ACCOUNT 8alance of Funds As at 31 Marth 2024 Bank - opening balance (adjusted) Cash - opening balance 12,724 166 12.890 Add: Income for the period Le55: Accounts receivable 12.214 12,214 25,104 Less . Expensed for the period Add . Accrued expenses 18.802 18,802 6.302 Supported by: Bank - closing balance Less . Unpresented cheque 6,302 6.302 Cash - closing balance 6.302 Accounts Prepared bv: Date: -￿￿.201y Karen Whltcombe (ACMA) NEW sfREEf DAY CENTrE 2023124 2022123 Salesnakl Donatlons Grants fé lurKhes Other Income 10.982 129 7,517 25 3.370 3.893 728 375 Food & Consumables Cleaning GiftslPrlzes Kitchen supplies Grant Expermjiture Management Fee Rent Speclal Events Trnvel Other 3,381 3,948 195 265 7.747 4,2 5,520 13 13 347 Totsl Expendlture for the perlod la￿2 14715 Net ￿r￿ll0efi￿tj Accounts Prepared by: Dale.. Karen Whitcombe IACMA)