REGISTERED COMPANY NUMBER: 03M1138 REGISTERED CHARITI NUM8ER: I3319 Report ofthe Tntstees and Unaudited Financial Statements forthe Year Ended 31 March 2023 For Oswestry Community ActK)n Mike Griffith5 & Partnèrs Ltd The Yew Tree Inn High Street Gre5ford Wrexham LL12 8RF 1111 1111 ACIXAFIO A13 2211212023 COMPANIES HOUSE 243
Oswestry Community Action Contents of the Financial Statements the Year Ended 31 Marth 2023 Page Chairmon's ReFKKt Report of the Trustees 4t014 Independent Exarninerfs Rert 15 Statement of Financial Activities 16 Balance Sheet 17to18 Cash flow statement 19 Notes to the Financial Statement5 20to24 Detailed Statement of Financial Artr¥ities 25to26
Oswestry Community Artion Chairmarfs Report for the Year Ended 31 Marth 1023 Reportfrom the Chair of Trustees 2022123 has been a milestoneyeaf lor Qvbe in many way5. Whilst achieving a senifKant 30 year anniversary which we were honoured to celebrote with the Kin<s representatr¥e in Shropshire we also said farewell to our incredible Chief oificer Laurel Roberts who has seryed Qube and our Community tifeiessly during her time with us. Laurel shaped our reputation and raised our profile signffjcanily in cent years and left the Charity in very good standing amongst partner organisations and I1 wjliticians and Trustees are delighted to have appointed Kim Wootton as her replacement. Kim brings With her a wealth of skills and experience which will enhance tfie way we operate and hdp w)stlion the organisation for the future. The year has. like forso many other charities. Ixou8ht challenges in term5 of funding and we continually have to work harder for every pound c(Kning into the business. The loss of our schoo15 Contracts in transport was a blow but we Wbll seek opporrunitie5 to utilise the capacity this now give5 US with our fleet. As a board we will continue to keep a d05e reign on spending and monitor ieserves closely. In other areas we haveto reco8nise the impact our¥olunteer bureau is having within other local charities and in providin8 purpose fOrtFSe people wlw) want to gNe somethin8 back to their community. We also sawthe end of thÈ 3 Parishes Big Local initiatNe for which Qube wa5 the lead organisation. holding funds on behalf of thè proièct funder. It is thls type of additional support that keeps us at the heart of Qswe5try and the widercounty and we will continue toofferthis support as we evolve in Ihe future. Ourn8 the economic downtum Qube has an ever increasiryg part to play. not ort as part of the Shropshire Infrastructure Partnership. but in serving the community. We need to adapt and strengthen our offerin8 in line with need and it is this that will continue to be our focus into the nèw financial year. Heather Noble, Chair 05we5try Community Action. Qube
Report of the Trus¢ees forthe Year Ended 31 Mh 2023 The Trustees, who are also Direttors of the thartty fof the purF#)ses of the Companies Act 21))6, present their report with the financial statements of the charity for the year ended 31 March 2023. The Trustees have adopted the Statement of RetommeThded Prdtti¢è 2019 applicable to tharities preparing thwr accounts Ml accordance with the Finantial Reporting Standard applicable in the UK and Republic of Ire13nd IFRS1021. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03390138 Registered Charity number 1063319 Registered office Qube, Oswald Road, Oswestry. Shropshire, SYII IRB Trustees Heather Noble- Chair Sylvia Dyke- Vice Chair Davina Fairweather (resigned December 20221 Janet Byatt Leonard Graham Richard Amos Charles Brotherton (appointed Dember 20221 Company Secretary and Chief Olficer Laurel Roberts Iresigned March 20231 Kim Wootton lappointed April 20231 Independent Examinei Mike Griffiths & Partners TheYewTree Inn High street Gresford WreKham LL12 8RF Bankers The Co-operative Bank PO Box 250 Delf House Southway Skelmersdale, WN8 6WT
STrUCTUAE. GOVERNAficE AND MANAGEMENT Governlng document The company is registered as è chafltable company limited by guarantee and was Set up by a Memorandum of Association on 20th June 1997. and amended on 12th March 21J)2. Re¢TUitment appoinlment of newTrustees Trustees are recruited by personal approach from another Trustee or staff member. or by advertisin8. Those interested in becoming a Trustee a then asked to apply in writin& matching their skills and experience against a job description. The applicants are assessed bv the Trustees and those suitable are invtted to an interview with the Chair. The successful applitants are nominated to the Board and given a full Induttn to the organisation which include5 ertr5uring they are aware of the responsibilities of being a Trustee and all the role entails. The recrutted Trustees then participate in serwce activities across the organisation to learn first-hand how they operate, meet our users and experience what it is like to be a customer of Qube. They are introduced to staff and volunteers to learn their roles and. given past Board papers to read including forecast budgets, cash fk)w and annual accounts to help them understand the current issues and financial position of the or8anisation. The Board holds an Organisational Review meeting each year in order to review the strateeic objectives, policies and procedures of Qube and to ensure they continue to meet our charitable objects and are operating within the scope and ethos of the Memorandum and Articles. This meeting also reviews stsff pay induding sakry increase5 for the coming year. Risk managernent The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assuran against fraud and error. The or8anisation has a risk register vthich was thoroughly reviewed and updated in October 2022. The risk register is reviewed at each Finan and Risk Committee meeting and key elements drawn to the Trustee 8oard. The risk register is subject to an annual Board review. Objectlves and aims of Oswestry Community Acllon To improve the Quality of lrfe forthose in the communities of Shropshire and Welsh Borderlands, within the main service areas of Community Transport, Well-being and Independence, Volunteering and Community Development. Arts and Creative Health, Social Prescribin& Shopmobility. Learning and other associated attivitses.
Significant arti¥itie5 The Trustees have considered the Charity Commission's euidance on public benefrt and consider public benetit to be at the heart of the activities of the Charity. A summary of the significant activities of the charity is given below under the headings. The detail of the artivities for 2022123 follows the summary. Community Tfansport- accessible door to door transport.. Volunteer Centre- supportive volunteer brokerage service and infvastrurture support for voluntary community sector IVCSI organisations: Arts- A contemporary gallery with a full arts programme of exhibitions. workshops and project5- SIpMObil1ty- scooter and wheelchair hire- Well-being and Independence- Provides friendship opportunities and support to people who are socially isolated. Social Pfescribing Communfty DevelopmeTrt- County wide project includes Community Connectors Netrmorks. VCS Directory of services and signing up VCS services as Social Prescribing Interventi¢)ns: Room Hire for the communlty-two rooms availèble for external hire: and Three Parlshes 8iE Local- Qube was the Lotslly Trusted Organisatn for the 818 Lottery funded Three Parishes &g Locaf project. This project came to an end in December 2022 QU8E'SACHIEVEMENT AND PERFOftMANCE Charitable activities 2022-2023 30th Annlversary celebratlons In 2022, Qube celebrated its 30 anniversary with a series of events. This included an exhibition telling the story of Qube and how it has supported the local community over the past three decades. A celebratory evening was held in November 2022. at which the Lord Lieutenant ol Shropshire. Anna Tumer addressed a55embled guests on the achievements of the organi$3tion over the years. Originally called Helpmates. it began its muth-needed Dial-a-Ride service and Volunteer Bureau in 1992 and has continuetl to grow ever since. A lack of creative provision in care homes was also identified early on and a small grant was raised to train staff and volunteers to provide creative attivitie5 in care homes around the county. This led to further comrnLtnity-based projects. creative opportunrties. befriending and social groups being developed. It is through service5 and projects like these that Qube has continued to have a life changing impact on members of the community.
One Qube member said: "It h35 grven me a reason to come out of my home. I've made new friends and it has enabled me to join other groups. It has been a life-saver!". Another added.. "I wonder where I would be without Qube. They help me here. support me and care so much. l am totally blind and coming here is the best day of rny week". In 1996. Helpmates changed its. name to 05westry Community Artion (known as Qubel and became a registered tharity. Since then Qube continued to grow all its services in response to the need of local communities. Lkal-a-Ride has supported over lo.c people. transporting them over 2 million miles since it began. The social groups have provided wellbeing 5UPPOrt to over l.(M people and the Volunteer Bureau has posted more than 6,C¥)O roles for local organisations. The gallery has shown work by such International art15ts as Picas50, Matisse. Paolozzi and many more never before seen in Shropshire. as well as local artists and community exhibitions. Qube prides itsdf on being accessible and inclusive for all. regardless of age and ability, welcomin8 people from all walks of life. In Qube'$ 3Year history it has achieved many milestone5. including- Arts.. Qube has showcased the work of thousands of artists from the around the world. Over 350 e¥hibitions have been held over Qube's lifetime. Approximately 200.000 people have visited Qtsbe's gallery. Dial-a-Ride-. Dial-a-Ride has had over 10,OLX) member5. 2.500 people have generously volunteered wtth Dial-a-Ride. helping us maintain thi5 service. A combined total of over l.(XX),(MX) miles have been travelled over the history of Dial-a-Ride's serlice. Volunteering: Around 6,000 volunteering roles have been posted to organisations. Ca. Over 1,000 people have visited and taken part in Qube's sticial group fun.
Chlef Officer retlremert In March 2023, Laurel Robert5, Qube's Chief Officer retired after 15 years. servite. Laurel's passion, enthusiasm and commitment has enabled Qube to go from strength to strength and help more people. The Trustees. staff and volunteers wish to thank Laurel and hope her retirement is full of happiness and exciting adventures. Qube 2022/23 SeThlces Artivities QVBE TRANSPORT D5al A Rlde Dial A Ride has a membership of over 500 and tt continues to increase. In the last year most journeys have been for a social purpose. including shopping and visiting family and friends. Post COVIO, the numberof medical journeys is also rising. Qube Transport has undertaken 5.878 journeys- 13% of these were for health. 25% for shopping and 52% for swal visits. The hot meal delivery service continues in partnership with Osn05h. Osnosh cook 40 meals per week and provide grocery bags. The al$are then delivered to thosewho need them by Dial A Ride volunteers. The current fleet remains at five buses (owned by Qubel and eight cars lowned by Volunteer driveTsI~ all the vehicles are fully accessible. Dial A Ride has 36 volunteers. FNe new volunteers have joined during the year and 18 have left Ltrs. The net redurtion in volunteers has created challenges in maintaining the seThTrce and an ongoing recruttment campaign is in place. Community Car5 Community Cars are used for longer joumeys and provide an essential service to our members. In particular. we transport indbviduals to medical appointments that otherwise they would find (lifficult to attend. Trips During the period Vyrnw¥ Nursing home ed our Dial-a-ride service to transport their residents to the following kjcations: Welshpoh)l airport: Lake Vyrnwy.. Powis Castle- Barmouth.. Heulwen Trust Canal Boat; Charlies Stores- and Theatre Severn.
School contrarts and 082 These are seThices provided on behalf of Shropshire County Council. During December 2022. Qube ceased to provide transport for Shropshire Council to Bryn Offa School in Pant and 8irton. on ending of the contrart. The 882 bus route from Lake Vyrnwyto Oswestry funded through Powys Council continues to be provided. QUBE SHOPMoBILy Qube has three scooters and four wheelchairs available for hire. Scooter hire5 fur the year totsled 54 and wheeldwir hires were 33. This is an essential service to improve acce55ibility for indivbjuals that would otherwise find it difficult to visit the town. QUBE VOLUNTEER CEffftE Qube Volunteer Centre (VC) continues to gain fvnding from Shropshire Council to provide infrastructure support and volunteer brokerage. This Is a partnership projert delivered with Community Resource and is a reco8nTrtion of the importance of the voluntary community sertor IVCSI in supporting our communities. Shropshire Council recognised the need for stron& sustainable and supported VCS sertor and that provision of infrastructure support is crucial for this to be maintained. The funding from ShropshI Council was part of a much larger package of support for the sector commissioned through the Shropshire Infrastructure Partnership. The Infrastructure Project has also been working closely with Social Prescribing Community Development. which is led by Qube. This provides the opportunity for tross referral to both services and provides a much more comprehensive service of 5UPPOrt for the VCS Sertor. During 2022123 the VC received 453 enquiries al)out volunteering with 105 people referred to other organisations. 205 people registered as volunteers. Qube VC worked with 24 organisations to a(Ivertise 165 volunteering opportunities on our Shropshire Volunteertne Directory- a searchable directory which is part of Qube's website.
Building Better Opportunities Building Better Opportunities IBBOI ended at the start of 2023 and was funded by the National Lottery Community Fund and European Social Fund. The project led by Landau, was a partnership of 12 organisations across Shropshire working with people who are long- term unemployed and economically inactive. The project aimed to help people develop their skills and get into employrnent. Qube VC offered one to one volunteering support as partner on the project. SOCIAL PRESCRIBING During October 2021 Qube won the tender to deliver communty development for Social Prescribing across the coiJnty- Working in partnership with Hands Together Ludlow and Community Resource. Community Development Officers ICD051 were recruited to work with each of the Shropshire four Primary Care Network5. Since then the 5er¥ice has developed effective partnerships between the Healthy LNes Advisor5. who see those with a social prescription. and refer to local services. GP practices and other areas of health. The Shropshire DirtOry of SeThices has been a particular focus.with over SOO organi5ations signed up as new interventions using the quality assurance framework. The CDOS also identify gaps in provision and work with partners to find a solution, including securing funding. The Community Connectors. network is a key part of the role and this peer 5UPPOrt network continues to build and goes from strength to strength. Meetings are held both in person and virttsally in each area across the county and this blended approach means that larger organisations suth as SATH and the Mental Health Team can attend. The virtual Community Connector Information bulletins have continued to develop with nearly 600 member5 now receiving weekly updates from organisations around the county. Small groups see these updète5 as a useful way to raise awarenes5 of their work too. This project creates links with community organisations which grow stronger each year with onsistency, regular meetings and chances to discus5 gaps in provision in increasing detail. Thi5 has been helped by working closely with the Infrastructure Support Team and we plan to continue to evolve the offering in 2023.
WELiBEING AND INDEPENDENCE SERVICES Tuesday and Thursday Club Social Groups and Befriendlr¢ Sernices Funded through the Shropshire Well-being and Intlependence Partnership and the Masonic Charitable Foundation. Qube'5 Well-being and Independence services aim to reduce isolation in the community. Members sign up to join weekly social group5. held on a Tuesday and Thursday. Activities have included- Getting to know you session- members partiapated by writiTI8 a random fact about themselves, putting It in the hat and others take a guess who rt may be about. This generated much conversation and laughter. which proved to be a good ice breaker. Informative talk by a volunteer from the Cambrian Heritage Railway, giving lots of history and facts. Day trip to Derwen College- we were treated to a tslk in the orangery, had a walk in the walled garden and students Served tea and cake. There was an opportunity for members to browse the garden centre ènd vintage shop. Men's Shed- talk about the comrnunity work arKI promotion of their services, plus a Q&A. British Sign Lènguaee- practical and fun sessK)n with lots of opportunity to practice, many of our members are hard of hearing or deaf and this was a great introduction to British sign Lang*Jage. Oswestry Town Museum- a talk induding lots of exhibits to pass around. including the Guinness world record collection of ear trurnpets. The Muskc Man with his keyboard, singalong and birthday celebrations. A bi-monthly newsletter with infomation about local events and servTrces and how to keep well. as well as recipes. quizzes and puzzles IS posted to the homes of more than 100 people. Telephone 8e-friendinz Once people were able to come back to social groups demand for the telephone befriending service has reduced although some telephone relationships have continued.
Qube ARTS Qube Arts provides a full and diverse, year-round pro8ramme of qualtty projects, exhrbitions. events and workshops. Qube Arts provides opportuniiies for artists and creative practitioners to sell and promote their works and for anyone to share their work with others. Through outreach projects Qube uses arts and creativity as a tool to engage individuals and communities. many of whom will not have engaged with Qube's activitie5 otherwise. Exhibitions Qube'5 exhibitions aim to bring new art to the area and act as a plarform for local and emerging artists to display and sell their work Working with other galleries and organisations in the town. the exhibitions help to put Oswestry on the map as a culturally attractive place to Vistt. Qube has three gallery spaces with a programme of exhibttions by local. national and international artists. heritage displays. comrnunity exhibition5 and project work. In total there were 10 exhibitions in 2022123. with work by 80 artists. Artists are welcome to offer their work for Sale during exhibitions and sell accompanying merchandise. Cabirtets and sales Qube continues to have a dedicated space used all year round by local artists and craftmaker5 to sell their work. Work on display ranges from cards and prints to ceramics. jewellery, glass and woodwor*. The commission rates for exhibition sales remained at 25% (plus VAT on that commission) for this year and over the year there have been £6,633 worth of gallery and cabinet sales. Workshops and Couvses Over the year there were approximately 45 individual courseslworkshops at Qube. We have a solid core Eroup of participants in Art History and Paintable, with approximately 40 per week for Art History and 24 per week to Paintable. Lrfe drawing is variable, but averages seven per session. with two sessions a month. These groups have evolved into strong social groups as well as learning opportunities. During the year the focus ha5 mainly been on one-off workshops. as attempts at longer courses have generally been unsuCCefU1- feedback has been that the cost of living prevents up-front booking fees. Qube ha5 varied the offering of workshops to include more textiles and gLiss art, which has proved popular. Marketlng Qube engages with new and existing audiences through a range of marketing activities online and in print. A reBular monthly ernail and social media posts continue to share news and updates across all areas of Qube.
THREE PARISHES BIG LOCAL Qube arted 35 the Accountable body for the Big Local project area of St Mèrtins, Gobowen and Weston Rhyn otherwise known as the Three Parishe5 Area. Instigated by Big Lottery and now managed by a Partnership of local resKlents. Big Local supported acti¥tties and investment which will make a significant difference to that area over a l(%year period. The programme ended in December 2022. QUBE'S STRATEGIC WORK Qube in its role as a community anchor organisation continues to be a bridge between the voluntary sector and the public seetor and during 2022123 represented the sertor at the Shropshire Voluntary Sertor Assembly. the Shropshire Infrastructure Partnership, The Community Transport Consortium, Social Prescribing and the Shropshire Cuhural Consortium. Qube considers it important that we are able to use our experience of working with our communitie5 to represent them at a Strategic level and influence policy for future development. Up to her retirement. Laurel Roberts was Chair of the Shropshire Infrastructure Partnership ISIP) and throughoLrt this year SIP has been developing the partnership to become a vehicle for collaborative working within the VCS and with our public sector partners. The aim is to develop SIP so that it is ready to work with public and health sectors as fits with their strategic aim5.
FINANCIAL REVIEW Reserves polky It is the policy of the charity to aim for unrestritted reserves at a level which equates to six months operating expenditure. The Trustees are aware of their responsibilities to the beneficiaries of the seNce and needs of the community and, therefore. may use unrestricted reserves to maintain services when grants a difficult to obtain. These unrestricted reserves may also be used to allow for the replacement of equipment and vehitles. wtthin the Replacement Vehicles Policy.. At the year end the unrestricted undesignated reserves totalled £46.547 when fixed assets are excluded. The Trustees zre aware that this level of reserves is below the six months of operating expenditure and will devebop a plan on how to achieve the desired level of reserves. FINANCIAL REVIEW Slgnificant events The cost of living and pressure on budgets have presented challenges for Qube during the year. The services provided by Qvbe are essential. however, operational costs have increased with little rise in funding. This has introduced greaterfinancial demands and in response Qube seeks to adapt and be agile in its way5 of working. Looklng to the Future During the year Qube has refletted on his 30-year history and celebrated its successes and achievements. Looking ahead, Qube enters a period of change with its Chief Officer retirin& which can be unsettling to both the team and people in the community being supported. A5 always, the Trustees, staff and volunteers will come tdether to ensure that Qube continues to support those most in need and make a positive difference to people's lives. This report has been ppared having taken advantage of the small Companies exemption in the Companies Act 2CL)6. Signed on behalf of the Board Mrs H Noble. Chair 13 December 2023
Independent Examinerfs Report to the Trustees of 05westry (MunItyA10n I report to the charity trustees on my examination of the accounts of the Company forthe year ended 31 March 2023 set out on pa8es Eighteen tg twenty-six. RsponsIbllis and basi5 of report As the charity trusiees of the Company land also its the directo for the Purpo of company lawl you are responsible for ihe preparation of the accounts in accordarKe with the rewirements of the Companies Act 2006 (Yhe 20[6 1. Having sat15fied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Att and are eligible for independent examination, l pOrt in respect of mv exarnination of your CompanWs accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 ACYI. In carrying out my examination I have folh)wed the directions 8i¥en by the Charity Cornmission under section 14515llbl of the 2011 fv£t. Independentexamlnerfs statem Since the CompanWs gross income exceeded £250.(KKJ your examiner must be a member of a body listed in settion 145 of the 2011 Act. I conffinn thai i am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants. which is one of the listed bods. I have completed my trxwnination: I tonfirm that no mattets have come to my attention in conneuion with the examination giving me cause to believe that it) any material respect.. l. Accounting records were not kept in respect of the Companyas required by sertion 386 of ihe 2006 Act- or 2. The accounts do not accord wtth those records: or 3. The accounts do not comply with the accountin8 requirements of section 396 ofthe 2¢)06 Act other than any requirements that the accounts gi¥e a true and fa ¥ievK which is not a matter considered as part of an independent examination. or 4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended PraLtice 2019 for accounting and reportin8 by charities lapplicable to charities preparin8their accounts in accordancewith the Financial Reporting Standard applicable in the UK and Rewblic of Ireland IFRS 10211 I have no concerns and have tome 0$S no other matters in connect)n th the examination to whtch attention should be drawn in this reportto enable a FYoper understanding of the accounts to be reached. James Denton The Association of Chartered Certified Accountants Mike Griffiths & PartnÈrs Ltd The Yew Tree Inn High Street Gre5ford Wrexharn LL12 8AF 13 December 2023
Oswestry Community Jxtion StatrmeTht of Financial Acti¥ilies Ilncorporatlng an IwKome and Expendlture Att¢Mnt) For the Year Ended 31 March 2023 31.3.23 Total funds 31.3.22 Total fund5 Unrestric1 Restricted Funds Funds Notes £ INCOMING RESOURCES Incorning resources frty generated lund5 Volunt3ry income 3.022 3.936 6.958 5,087 Investment income Incomln8 rewurtes liom charltable artivities Art Wellbein8 Services (Formerly Carel Transport Volunteering Shopmobility Core Qube Bi8 Local QubÈ Learning 3,053 3.OS3 1,256 25.621 13.090 244.265 162.529 61.332 10.081 11.296 240.921 38.711 2M.265 164.063 61.332 11,585 42.139 240.921 7.394 123.654 125,319 178.315 44.715 9.289 56.109 173,195 3.022 1,534 1.504 30A43 7,394 Total incomiry re50urre5 72.971 747,450 820,421 719,961 RESOURCES EXPENDED Charitable artivithes Art Wellbeing Services (Formerty Carel Transport Volunteering Shopmobility Coreaube Bi8 Local Qube Learning Governan costs 67.722 4.812 233.887 170,247 82.869 5.213 9.xll 240.921 72.534 233,887 170.688 82.869 5,213 87.444 240.921 5,805 131.714 125.319 151.334 46.320 847 82.684 173.195 3.6rxi 441 77343 Totsl ttsourtes expended 151.911 747,450 899.361 715.013 NEf IP4COMINGiioufGOINGI RESOURCES 178.9401 178,9401 4,948 RECONQUATION OF FUN05 Total funds brought forward 125.487 289.449 414,936 409.988 TOTAL FUNDS CARRIED FORWARD 4G.547 289.449 335.996 414.936
05westry Community Artlon Balance Sheet At 31 March 2023 31.3.23 Total funds 31.3.22 Total Funds Unrestricted Restricted Funds Funds Notes FIXEO Tangible assets 3.591 96,074 99.665 128,80S CURRENT AS5ET5 Stocks Debtors Cash at Bank 31J) 3C 115,613 466.139 582,052 85.140 294.139 379.279 85.140 336,795 422,235 42.656 42.956 CREOITORS ArnountS fallin8 due within one 1185.9041 1295,9211 year NET CURRENT 42.956 193,375 236.331 286,131 TOTAL 46,547 289.449 335.996 414,936 CURRENT LIABILMES AssErs 46.547 289.449 335.996 414.936 FU14DS Unrestrirted funds Restrirted fund5 46.547 125.487 289.449 289,449 TOTAL FUNDS 335,996 414,936
Oswestry comm•ty AdioD Balance Sheet- contlnued At 31 March 2023 For the year ending 31 March 2023 th¢ Cornpany was entItd to exempiion from audit under section 477 of the Companies Art 2( relatin8 to small companies. Dlrectois, responsibilities.. l. The members have not required the Company to obtain an audit of its atcounts for thÈ year in question in accordance with Section 476 of the Companies Att 2CQ6: 2. The directors ackTr)wledEÈ thr reSpibilitieS for compIng with the reqyirements ofthe Act with respea to accounting records and the prePara)n of accgunts. The financial staiements We approved bythe Board of Trustees on 11 Cernr 2023 and were signed on its behalf bv.. Mrs H Noble- Chair Date.. 13 December 2023 Reglstered Company Number: 033138
Oswestry Community Acil¢ statement of Cash Flows For the year ended 31 Marth 2023 2023 2022 RttonclliatTon of net In to nttcash flop fwom artivities Net movements in funds Add back net depretiion charge 178,9401 29.119 32.055 Loss on sale of Assets Deduct Investment income Shown in in¥esting knit Decrease lincrea5el in debtors Increase Idecrezsel in creditors 18.5801 30,473 1110,0171 (S.5) 1106.5761 99.145 Cash u5d in oper1n¥ artNilS 1137.9451 23.667 Investment income 8.580 5.905 Purchase tsf tar8ible fixed assets DisFosats of tangible fthed assets 14.2831 4,304 Cash provided by (used in) Investi athibes 8.601 5.905 increase Idecreasel in cash and cash tqllNalents in the year 1129,3441 29.572 Cash and cash equNalent5 at the beginni of the year 466.139 436,567 Total c•5h a1 cash equlvaknts at the eftd of the year 336.795 466.139 Cash 01-AFW-22 31-Mar-23 Analysls of chan8es In Net Oebt Cash and cash equNalents 466.139 1129.3441 336.79S Borrowings Debt (lue within one year 151,2031 17991 Tot•1 414.936 178.940) 335.996
Notes tothe Financial Ststements lor theyear Ended 31 Marth 2023 ACCOUNTING POUCIES Basls of A¢tOUming The financial statements have Eeen prepared in accordance with the Charity's governin8 document, the Companies Act 2006 and~Accountin8 and Reporring by Charities= St3tement of Recommended Practice 2019 applicable to charities preparing thetr accounts in accordante with the Finantial Reportire Standard applicable in the UK and Republic of Ireland IFR51021- las amended for accounting periods commencing from l January 20191. The charity is a Public Benefrt Entity as defined by FRS 102. The accounts a prepared in sterlin& which is the funrtional currery of the Charity. Monetary mounts in these finantial stattrnents are rounded tothe nea$t £. The accounts have been prepared under the historical c05t convention. modtfied to include tertain financial instruments at fair value. The principal accounting pOlte5 adopted are set out bebw. In¢omlng rtsources All incomin8 resources ale included on the Ststement of Financial Activitie5 when the charity ts legally entitled tts the intome and the amount tan be quartttfied with asOnable accuracv. Resourcts expended Expenditure is accounted for on accDJals basis and ha5 been dassified under heèdings that have a88re8ate all cost related to the category. Where tosts cannot be directly attributed to particular headings they have been allocated to activites on a basis consistent with the use of resources. Allocatlon and apportlonment of costs Wage5 not directly all(xated to an artNity arè apportioned pro rata beh¥een unrestrirted and restricted funds based on lund income.. this method of allocation also applies to unallocated vehicle running expenses and volunteer expenses. Taltyle fixed assets Deprectation is pr¢wided at the following anNJal rates in order to write off each asset over its estimated useful llfe. Land and buildin8S Plant and machinery. etc . 4% on cost - 25% on cost 25% on reduang balan Stocks Stocks are valued at the b)wer of cost and net realisabie Value, after makin8 due 311owance for ob%Jlete and slow movin8 Iterns. Tamation The charity is exemptfrom corporati¢)n tax on tts chafftable actNities. Fund a¢countlng Unrestricted fund5 can be used in accordarKe with the charitsble objectives at the discretion of the trustees. Restricted funds can only be used for particular restrirted purposes within the objects of the charity. Restrirtions arise when spectfied by the dorK&r or when funds are raised for particular restricted purposes. Further explanation of the nature and wrpose ofeach fund ts included in the notes to the financial staternents. Hlre purchase and leas5n8 coThffiitments Rentals paid under operations leases are charged to the Statement of Financkil Activitses on a strai8ht line basis over the period of the lease.
Pension tosts and other ptyt.retirwtt¢nt bendlts Oswestry Community Action operates a defined contribution pension scheme for its Staff. The pension charge in the accounts represents the amounts payable by the company to the fund in respect of the year. 2. INVESTMENT INCI£ 31.3.23 31.3.22 Dep051t account interest 3.053 3.053 1.256 1.256 3. NET INCOMINGI{oufGOINGI RESOURCES Net resources are ststed after chargin8llueditingl'. 31.3.23 31.3.22 Depreciation-owned assets Govemance- Assufanee services Govemance- Independent exwnination 29,119 7.155 1.750 32.055 1.635 1.750 4. TRUSTEES. REMUNERATION AND 6ENEFITS There were no trustees. remuneration or other benefits fijrtheyear ended 31 March 2023 nor for the year ended 31 March 2022. Trustees ENpeMes There were no trustees, expe$ paid for the year ended 31 March 2023, rr for the year ended 31 March 2022.
Notes to the finan¢ial 5tstements- Continued forthe Year Ended 31 Marth 2023 S. STAFF COSTS 31.3.23 31.3.22 Wa8es and salaries Ilnd. Employer5 N.11 Social Securitv Costs 309.128 16.104 5.978 331.210 284,179 15.377 3.016 302.572 Other pension costs The a¥erage monthty number of full time employee5 thiir*the year TJ¥aS aslollo¥ 31.3.23 31.3.22 Qube Art Qube Care Qube Volunteering Qube Transport Qube Administrotyon Big Local IT Learning 15 15 No employees received emoluments in excess of Key personnel remuneralion in the year amounted to £41.866. &TANGIBLE FIXED ASSETS Land Buildin Plart and Mathlnery Totals Incluthw Velmcles COST At l April 2022 Additions Disposals 508.424 311.111 4.283 24.185 819.535 4.283 24.185 At 31 March 2023 ,424 291.209 799,633 OEPRECIATION At l April 2022 CharEe for year On disw5als 414.774 20.337 275,956 8.782 19.881 690,730 29.119 19,881 At 31 March 2023 435.111 264,857 699.968 NET BOOK VALUE At 31 March 2023 73.313 26,352 99.665 At 31 March 2022 93.650 35.155 128.P4J5
Oswestry CcthmunityAdion Notes io the Flnancial Statemerbts- continued for the Year Ended 31 Marth 2023 7. DEBTORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 31.3.23 31.3.22 Trade Debtors Other Debtor5 79,526 5,614 85.140 113,217 2,396 115,613 8. CREOITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 31.3.23 31.3.22 Trade creditors IS.452 21,595 Taxation and social security Accruals and deferred income 170.452 274.326 185.gNJI 295.921 9. MoveMENT IN FUNDS At 1.4.22 Net movement in funds At 31.3.23 Unrestrkted funds Undesignated lunds 125.487 178.9401 46.547 125,487 178,9401 46,547 Restricted funds Restricted 289.449 289.449 TOTAL FUNDS 414.936 178.9401 335,996
Notes to the Financial Statements- continued for the Year Ended 31 Marth 2023 9. MOVEMENT IN FUNDS-<offtlrnd Incomr Resources Resources expended Movement in funds Unrestrirted funds Unde5ignated fund 72.971 1151.9111 178,9401 Rstrirtd funds Restricted 747.4SO 1747,4501 TOTAi FUNDS 820.421 1899,3611 178,9401 The unde5ignated fund i5for anticipated capital expenditure on buildin& replacement of information technology equipment and to enab the charityto have a strurtured shutdown period should Oswe5try Commuruty Artion need to aSe operating. It also represents VarioustyS of income recev4ed and expended in accordance with the charitable objectives of the tharity. The detai150f the varitius seThe areas are gNen in the Report of the Trustees attached to these accounts. The Restrirted fvnds are Main presented by the leasehold property Èranted to the charity, value at year end was E73.314 and the rnotorvehicles & Equipment. net book value at year end was £26.351. The balance of rurirted fiFnds represents the 51ue of the various grnnt5 and donations that enable the charityto continue and that remaine(l unspent as atthe year end. 10. RELATED PARTYTRANSAcn There were no related party tran5actlons durin8 the ar. 11.DEFERRED INCOME 2023 2022 Total deferred income at start of year 234.792 179.429 Amounts received in ar Arnounts credited to statement of financial artr¥itiÈs 258.470 1338.8991 4x1,882 1435.5191 Total deferred income at end of year 154.363 234.792 The deferred income shown has been deferred at the year*nd in order to reflect the expected futu costs to complete the relewant proietts. 12. GOING CONCERN No material uncertainties currenttv exisL
Detsiled Statement of Financial Acti¥ibes lof the Ythw Ended 31 Marth 2013 31.3.23 31.3.22 INCOMING RESOURCES Voluntary IrKome Donations 6.958 5,087 In¥estment imome Rents receNed Deposit attount intefest 5.527 3.053 3,839 1,256 5.095 Incoming resowc¢s from tharltal>le artSvltles Sale of exhibits Fare5 her Income Grants 33.026 65.(KJ9 20.347 686.501 804,883 43,061 51,440 25.364 589,914 709.779 Total lTh¢on* resources 820,421 719.961
RESOURCES EXPENDED charitale acti¥•ties Wages Pensions Advertising and promoiion Exhibitions and events Project c¢>sts Subscriptions Volunteer expense5 Staff expenses Refreshments Vehicle runnin8 Costs Big Grant kheme Wednesday shopping service Professional fees Consultancy Rent. rates and water Insurance Light and heat Telephone Printing posta8e and stationery Repair5 and renewals Bank charges Sundry expenses Computer and website Other expenditure Partner payments Depretiation of long leasehold Depreciation of fixtures and fittings Depreciation of rnotor vehicles Bad debt IProfitl/Loss on disposal 325.232 5,978 2.749 12.591 78.617 299.5 3,016 3.945 15.198 80,381 4,818 3,828 2,445 392 40.697 48,713 417 57.268 18.972 3.461 2.500 4.276 5.629 5.335 16,793 4.477 19.215 622 53,786 155.983 29.930 4.716 4.71)) 2.533 11.859 5.498 4.631 16,815 8SS 2.886 12,026 13.674 86.658 20.337 1.160 7,622 2,879 16.177 32,644 20.337 120 11,S98 134 8,456 711,628 Govefnance costs A¢¢ountan¢v 8,905 3.385 Tt)tsl resOue5 expended 899,361 715,013