**Charity Registration No. 1046613** **HOLT COMMUNITY CENTRE TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022** ## HOLT COMMUNITY CENTRE ## **CONTENTS** ||Page| |---|---| |Legal & Administrative details|3| |Trustees Report|4| |Independent Examiner's report|5| |Statement of Financial Activities|6 & 7| ## **HOLT COMMUNITY CENTRE** ## **LEGAL & ADMINISTRATIVE DETAILS** The Holt Community Centre was constituted by Deed of Gift in April 1964. It became a registered charity in May 1966. **Trustees** Carolyn Burn Lady Anwen Hurt June Clarke Henry Cockerton **Charity number** 1046613 **Principal address** Kerridge Way Holt Norfolk NR25 6DN **Independent Examiner** Barry R Holliss ACMA **Bankers** Barclays Bank Holt Branch 16 High Street Holt Norfolk NR25 6BQ **Page 3** # **TRUSTEES ANNUAL REPORT YEAR ENDED 31st DECEMBER 2022 HOLT COMMUNITY CENTRE** **Kerridge Way, Holt, Norfolk NR25 6DN Charity Registration Number 1046613** ## **Trustees** Carolyn Burn Lady Anwen Hurt June Clarke Henry Cockerton ## **Structure, Governance and Management** ## **Governing Document** The Holt Community Centre amended Constitution dated 27th October 2005 ## **Constitution** Charitable Trust. The Trustees form the Executive Committee of the Charity and their appointments to office are reconfirmed by the members at Annual General Meetings. ## **Objectives and Activities** The principle objects of the Charity are to control and manage a Community Centre for the benefit of the inhabitants of Holt and the neighbouring areas. This is achieved by providing facilities for local individuals and organisations on a regular or ad-hoc basis. **Achievements and Financial Review** The accounts for the year ended 31st December 2022 shows a surplus of £7,022.26 (2021 deficit £11,633.35) **Risk management and reserves policy** The Trustees are continually looking at the major risks facing the charity and take all necessary steps to mitigate these wherever necessary. Their intention is to seek to create financial reserves sufficient to fund three months of operating and running costs of the Community Centre. At the date of the Balance Sheet, the charity held a net amount as at 31.12.2022 of £7,484.02 which is made up of total funds of £9,664.42 less the Private Loan of £2,180.40 **Investment policy** The Charity invests its funds in cash and liquid resources. The Trustees declare that they have approved the Trustee's Report above Signed on behalf of the board of Trustees. Carolyn Burn Chairman **Page 4** ALIDITORS CERTIFICATE REIIOAT TO THE TRV5TEESOF THE HCrtT COMMUt41TY CENTRE UPIJY The chailty's trU￿ee$ *re le5wn￿ble for the prepawatlon of these tharlty's Iru51ees ¢onslder th•1 an •wlbt is rbot reqi•red far this year ￿der s144 01 Ihe Ch•rilies Art 2011 lthe Artl and that an indepen(kni ex•mhwiM is needed. 11 is my responsknlllty to al e¥arnI￿ the Ktounts under $145 of lh• Art bl to foll(v* the Pfocodur*s l•KI dtywn In the 8ffieral Dlrectsns p'yen by the Clwltles Commissw)n in $14Y5Mbl ol the Act and cl to State whethef Partkdar maii•rs h•¥e wme to my attentlon. fy eX*nI￿110n w•s &wtled out in xmrdance with the General Dkectbns siven by the Ch•rily C<¥mmisslon. kn exarnination ￿cI￿leS a re¥le* of ihe *(ountY•8 record5 kept bv the tharity and a campaflsan of the •ccounls piestnted *ith those records. It also IncI￿leS Cons￿eratIOn ol •ny unusu•l itirns or di5ckisurE in the and 5ee&ir explanatlons from the tlUSl•es concernin8 mattef5. The proceduies undert•kEn do not pro44de al ih• •￿0•l￿e that would be required In an aLMIII. *nd u)ns•quwtly no 09￿10￿ 15 given as to ¥kneih¢r th• ar£￿￿t5 present a true and falf, v*w and the rep￿ ts hmited toihose m•tt•is set in the statement below. In conn•¢lion with my examin*ion. no matter ￿rne to my •tteTr￿n *thith WOU￿ tse m¢ r¢*sob)•bk w5e to b￿e¥e that. In any malwlal fry￿Ct, the requlrements.. al to keep actoUnt1￿ fecords in ac{ordan￿ *Yth 5130 ofthe kt bj lo prepare xcounls v4hlth accoryl *Yth the accounthg ￿e￿rdS compty with the accouTrting requTrmeTrts of the kt not been met: or to In my opinion. atteniion Should be drn¥n kn order to •n•bl• a prnper ￿ders￿nd￿lI of the •c¢ount5 to be rea(hed. Syed 8 R Ho1155. ACMA Date 9th January 2023 B R Hc4kss Ad**ess Hoft. Norfoth . fwqb. bfvl The or*lnèl ol this ded*atsM15 held by the Ch•rlty. Page 5 ## Statement of Financial Activities – The Holt Community Centre |INCOME
The accounts show gross activity in the year through the
banks of
98182.13|INCOME
The accounts show gross activity in the year through the
banks of
98182.13|EXPENDITURE
92143.87|NET (or PROFIT)
6038.26
-984.00
7022.26
44862.54
-32559.87
12302.67
-23970.90
-11668.23
5921.5
-5746.73
7482.97
1736.24
Page 6| |---|---|---|---| |However this includes self-balancing
transfers between the three accounts
4225.00
donations for specific causes
852.70
Also the Trustees decided to
increase the till float by £100
-100.00
repay some of the loan for the new noticeboards
0.00
payoff the loan for the new flooring
0.00||4225.00
852.70
0.00
300.00
584.00|| |Which total
4977.70
Which if deducted from the gross, above, gives the
operating profit, or suplus, for the year
93204.43
£
**HOW THE SURPLUS WAS ACHIEVED**
The main income of the Venue comes from the letting of the premises
To Residential Users
16494.55
To Regular Users
18242.80
To Casual Users
7458.19
The Venue also received a grant against loss of income
the Omnicron
Giving a gross hire income (or profit) of
Against this however had to be paid:
Administrative staff wages
-20697.31
Other office costs and expenses
-11862.56
Giving a reduced net income of
The activities of the Venue cost in support of hiring
Utilities
-7481.18
Electricity feed in agreement for photovoltaic cells
3227.96
Council Tax
-672.20
Repairs and Maintenance
-5482.20
Cleaning and Sanitation
-6083.35
Safety & Security costs
-1650.85
Providing new and upkeeping exisiting facilities
-5829.08
Other costs
0.00
Making an operating deficit of
The venue also holds events sponsored by itself bring in or costing:
Social Action events
-297.94
Cinema Nights & Relayed performances
899.53
Jazz and Big Band Nights
231.68
Film Festival
117.73
Art Exhibition and sale Commission
981.22
Bingo Nights
3989.28
Which reduces the deficit to
The Venue also has income through its bar and catering
Catering for societies, weddings and wakes
1026.68
Bar Profit on sales of
17308.08
6456.29
Which bring the net income back to
and carried over to the next page||5961.70
86182.17
£
42195.54
2667.00|| ||-20697.31
-11862.56||| |||44862.54
-32559.87|| ||-7481.18
3227.96
-672.20
-5482.20
-6083.35
-1650.85
-5829.08
0.00|12302.67
-23970.90|| ||r costing:
-297.94
899.53
231.68
117.73
981.22
3989.28|-11668.23
5921.5|| ||1026.68
6456.29|-5746.73
7482.97|| |||1736.24|| HOW THE SURPLUS WAS ACHIEVED, ctd |Net income brought from previous page
The Venue also received income through
Donations from supporters via 365 a/c
General Donations
Bank Interest
Providing location for Holt Festival
Which further increases the income (or profit) to|1736.24
1736.24
1008.75
3477.11
0.16
800.00
5286.02
5286.02| |---|---| ||7022.26
7022.26| ## **STATEMENT OF FUNDS** |TOTAL FUNDS HELD|31.12.2021|Income|Expenditure|31.12. 2022| |---|---|---|---|---| |Bar Stock Revaluation|||-424.00|-424.00| |General Fund|378.72|93204.43|-86182.17|7400.98| |1940's Fund|507.04|0||507.04| |Loan for flooring|584.00||584.00|0.00| |Loan for noticeboards|2480.40||300.00|2180.40| |Total Funds|3950.16|93204.43|-85722.17|9664.42| |SUPPORTED BY THESE ASSETS||||| |Bar Stock|1924.00||-424.00|1500.00| |Cash at Bank|1826.16|98182.13|-92143.87|7864.42| |Till Float|200.00|100.00||300.00| |Total Assets|3950.16|98282.13|-92567.87|9664.42| ## **Self cancelling funds** The self cancelling movement of money through the accounts as mentioned abve were; - 1 £4225 transferred between the three bank accounts during the year - 2 £1500 collected by through the Venue, and paid over to the British Red Cross, for the Ukrainian Appeal. **Page 7**