CRAIG-Y-DON COMMUNITY CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
The Trustees present their report with the financial statements for the year ended 31st March 2023.
OBJECTS, ORGANISTION AND ACTIVITIES
The charity is established to promote the good and wellbeing of the inhabitants of Craigy-Don and the surrounding area by providing community facilities at affordable prices.
The community centre is available for hire by any individual or organisation in accordance with the standard hiring agreement and scale of charges adopted. The scale of charges is intended to be sufficient to generate enough income to result in a surplus available for future maintenance costs and the enhancement of the facilities.
The community centre has had another excellent year with more activities taking place. It is now running to at least 90% capacity for seven days a week. In addition to the provision of rooms for hire, the community centre provides for the operation of a playgroup and an after school club, within the building.
Reserves Policy
Reserves are held at a level considered by the Trustees to be appropriate to fund the activities of the Charity and to part fund any new projects.
Risk Management
The major business, operational and general risks are reviewed by the Trustees on a regular basis to ensure that appropriate action may be taken, as necessary, in order to lessen the Charity’s exposure to risk.
Responsibilities of Members of the Managing Committee
The Trustees are required to prepare financial statements for each financial year in accordance with the Charities Act 2011 and following guidance for accounting for smaller charities issued by the Charities Commission.
In preparing the financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently
-
make judgements and estimates that are reasonable and prudent
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- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts.
CRAIG-Y-DON COMMUNITY CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
The Trustees are also responsible for: -
-
keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011
-
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Mr F Bradfield Chairperson Date:
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CRAIG-Y-DON COMMUNITY CENTRE
INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31ST MARCH 2023
I report on the accounts of the Craig-y-Don Community Centre, for the year ended 31st March 2023 which are set out on pages 4 to 7.
It is my responsibility to examine the accounts under the provisions of the Charities Act 2011 and to follow the procedures laid down in the General Directions as provided by the Charity Commissioners.
In my opinion these financial statements give a true and fair view of the state of affairs of the Charity and have been properly prepared in accordance with the Charities Act 2011.
J Pratt & Co Ltd Chartered Certified Accountants Basford House 29 Augusta Street LLANDUDNO LL30 2AE
13th June 2023
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CRAIG-Y-DON COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2023
| 2023 | 2023 | |||||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| Notes | Funds | Funds | Funds | Funds | ||
| £ | £ | £ | £ | |||
| Receipts | ||||||
| Donations and grants | 2 | - | 1728 | 1728 | 9038 | |
| Incoming resources from operating activities | ||||||
| (i) activities in furtherance of the objects | 3a | - | 53853 | 53853 | 38732 | |
| (ii) activities for generating funds | 3b | - | 5236 | 5236 | 2119 | |
| (iii) interest received | - | - | - | - | ||
| ------------ | ------------ | ------------ | ------------ | |||
| Total receipts | - | 60817 | 60817 | 49889 | ||
| ------------ | ------------ | ------------ | ------------ | |||
| Payments | ||||||
| Charitable | 4 | - | 78291 | 78291 | 64507 | |
| ------------ | ------------ | ------------ | ------------ | |||
| Total payments | - | 78291 | 78291 | 64507 | ||
| ------------ | ------------ | ------------ | ------------ | |||
| Net (payments)/receipts for the year | - | (17474) | (17474) | (14618) | ||
| Total net assets at 31st March 2022 | - | 52428 | 52428 | 67046 | ||
| ------------ | ------------ | ------------ | ------------ | |||
| Total net assets at 31st March 2023 | - | 34954 | 34954 | 52428 | ||
| ------------ | ------------ | ------------ | ------------ |
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CRAIG-Y-DON COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
GENERAL FUND
FOR THE YEAR ENDED 31ST MARCH 2023
| General Fund | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Restricted | Unrestricted | Total | Total | ||
| Notes | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | ||
| Monetary assets | |||||
| Bank deposit accounts | - | 35175 | 35175 | 52716 | |
| Cash accounts | - | 55 | 55 | 55 | |
| ---------- | ---------- | ---------- | ---------- | ||
| - | 35230 | 35230 | 52771 | ||
| ---------- | ---------- | ---------- | ---------- | ||
| Liabilities | |||||
| Creditors | - | (276) | (276) | (343) | |
| ---------- | ---------- | ---------- | ---------- | ||
| Total Net Assets | - | 34954 | 34954 | 52428 | |
| ---------- | ---------- | ---------- | ---------- |
The financial statements have been prepared under Section 42 (3) of the Charities Act 2011 following the guidance for accounting for small charities issued by the Charity Commissioners.
Approved by the Trustees and signed on their behalf by:
Mr F Bradfield Mrs S Adams Chairperson Treasurer
Date:
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CRAIG-Y-DON COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
1. Accounting Policies
Basis of accounting
The accounts are prepared on the receipts and payments basis in accordance with the Charities Act 2011 and applicable accounting standards and the Statement of Recommended Practice 2005
Cost Allocation
Costs are apportioned between various expenditure headings as necessary and in accordance with the best estimates of the Trustees.
2. Donations and Grants
| Restricted | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Notes | Funds | Unrestricted | Total | Total | ||
| Funds | Funds | Funds | ||||
| £ | £ | £ | £ | |||
| CJRS (Furlough) | - | - | - | 7077 | ||
| CCBC Grant | - | 1728 | 1728 | 1961 | ||
| ---------- | ---------- | ---------- | ---------- | |||
| - | 1728 | 1728 | 9038 | |||
| ---------- | ---------- | ---------- | ---------- | |||
| 3. | Incoming Resources From Operating Activities Of The | Charity | ||||
| 2023 | 2022 | |||||
| Restricted | Unrestricted | Total | Total | |||
| Notes | Funds | Funds | Funds | Funds | ||
| £ | £ | £ | £ | |||
| (a) Activities in furtherance of the objects: | ||||||
| Hiring | fees | - | 52103 | 52103 | 38192 | |
| Solar panels | - | 1750 | 1750 | - | ||
| Sundries | - | - | - | 540 | ||
| ---------- | ---------- | ---------- | ---------- | |||
| - | 53853 | 53853 | 38732 | |||
| ---------- | ---------- | ---------- | ---------- | |||
| (b) Activities for generating funds: | ||||||
| Social events | - | 5236 | 5236 | 2119 | ||
| ---------- | ---------- | ---------- | ---------- | |||
| - | 5236 | 5236 | 2119 | |||
| ---------- | ---------- | ---------- | ---------- |
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CRAIG-Y-DON COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
4. Charitable Expenditure
| 2023 | 2022 | |||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| (a) Activity costs: | ||||
| Caretaker’s wages, pension contributions and travel | - | 49885 | 49855 | 46981 |
| expenses, Honorariums & Treasurer’s expenses | ||||
| Repairs & maintenance | - | 7968 | 7968 | 2940 |
| Capital equipment | - | 974 | 974 | - |
| Cleaning materials | - | 800 | 800 | 826 |
| Tennis room hire | - | 586 | 586 | 360 |
| Sundries | - | 898 | 898 | 1190 |
| Licences | - | - | - | 146 |
| (b) Administration costs: | ||||
| Utility fees to Craig Y Don Sports | - | 15536 | 15536 | 9744 |
| Stationery & printing | - | 617 | 617 | 1353 |
| Legal, accounts and payroll expenses | - | 1027 | 1027 | 967 |
| ---------- | ---------- | ---------- | ---------- | |
| - | 78291 | 78291 | 64507 | |
| ---------- | ---------- | ---------- | ---------- |
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