Charity registration number: 1067925
The Stevenson Centre
Annual Report and Financial Statements
for the Year Ended J l March ?024
Lambert Chapman LLP
Chartered Accountants and Registered Statutory Auditors
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

The Stevenson Centre
Contents (continued)
Reference and Administrative Details
Trustee's Report
2to3
Statement of Trustee's Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Stateinents
8t015

The Stevenson Centre
Reference and Administrative Details
Trustee
Great Cornard Parish Council
Senior Management / Leadership Mr T. J Keane, Trustee Chairnian
Team
Cllr. A. C. Bavintrton. Policy & Resources Chair
Cllr. D Youno, T￿stee Vice Chair
Miss E Skuce. Council Manaoer
Charity Reuistration Number
1067925
Princip21 Office
The Stevenson Centre
Stevenson Approach
Great Cornard
Sudbury
Suffolk
COIO OWD
Independent Examiner
Nicholas Forsyth FCA
Lambert Chapman LLP
Chartered Accowitants and Reoistered Ststutory Auditors
J Warners Mill
Silks Way
Braintree
Essex
CM7 JGB
Bankers
Barclays Bank PLC
Chelmsford
40-41 High Street
Chelmsford
Essex
CMI IBE

The Stevenson Centre
Trustee's Report
The membei. presents the anniial repoit togetlier with the financial statements of the charity foi. the yeaj. ended 31
March 2024.
Objectives And Activities
Objects and aim
The Charity runs a cominunity centre for the benefit of inhabitants of Great Coi'nard and the ￿e[￿bOUr1￿8 area
without distinctioii of sex or of political, religious or otlier opinions by the advanceinent of education and tlie
provision of facilities in the interests of social welfare for recreation and leisure.
Objectiv2g, stralegies activilies
The Charity has continued to liire the cominunity centre to inhabitants of Gi'eat Cornard and the neighbouriiig area
and aims to continue to support loeal community groups.
Public benefil
The Cliai'ity aims to benefit tlie inhabitsnts of Great Cornard aiid tlie neighbouring area with the object of improving
the conditions of life for the said inliabitants.
The Trustee confErms tliat tliey liave complied with tlie requirements of section 17 of tlie Cliarities Act 2011 to have
due regard to the public benefit 2uidance published by the Ch￿'Ity Commission foi. Eiigland and Wales.
GraAÉ makingpolicies
By allocating a yearly budget for grants, the Charity financially supports soine of tlie local groups who use tl)e
Community Centi'e.
Fiiiancial review
Policy on reserves
The CULTent level of available resei'ves amounts to £30,617 (2023.. £29,465). Tlie senioi. rnanageiiient teani believe
tliat i'eserves atnounting to at least £15,000 are I'equii'ed to ensui'e that the Charity has suffiGient funding to enable it
to continiie to opei'ate should incoine levels diininish in siibsequent periods.
Principalfunding sources
Tlie Ch21-ity obtains incoine froin the letting of the Cominlinity Centi'e and, if reqiiired, also benefits from donations
provided by Gi'eat Cot'nard Parish Council.
Going eoneern
As sole Managing Trustee of Tlie Stevenson Centre Chw'ity, the Parish Council has continued to adopt a cautious
approacli to the Centre finaiices due to tlie c05t of inflation and the rising cost of goods. services and energy.
Structure) governance and mallAgement
Nature ofgoverning document
The Charity is goveined by the lease and ti'ust deed dated 24th June 1968 as vai'led by scheme of the Charity
Conimissioiiers of15th November 1993.
The ch￿-Ity was i'egistered with the Cliarity Commission OD 31'd February 1998.
AJ)poiHÉnienl of Truslee
Gi'eat Comard Parisli Coiincil as a corporate body is tlie sole Managing Trustee. Iiidividual Parisli Councillors are
not themselves Chai'ity Ti'ustees.
Page 2

The Stevenson Centre
Trustee's Report (Continued)
Jnduction ond training ofnew Parisk Couneil Members
Any new Members of the Parish Council or the senior manaoement team will receive the appropriate level of
trainin<F to obtain an underst2ndin<y of the Cliarity's objects and aims and will be provided with a copy of the
Charity's tsovernin(y document.
Oroanisalional slruclure
The Senior Manaoement Team, representing the Parish Council (die sole Manaoincr Trustee), hold separdte
meetinos on a regular basis to discuss the activities and perfonnance of the Charity and the acliievement of its
charitable objects.
Relationships with rel2ted parties
Great Cornard Parish Council
Great Comard Parish Council is the sole trustee of the Charity and the Councillors are responsible for the runnino of
the Charity-
Major risks and nwnagement oftliose risks
Risksfaced by ihe charily
The Council officers responsible foi. the performance of the Charity meet on a regular basis and will discuss the
i'isks faced and consider how these risks may be best mitioated.
The main risk faced by the Charity 15 that its inwme level will not be sufficient to ensure that it can continue as a
goints concern.
The Senior Mana￿emellt Team acknowledtres that oood publicity and marketino of The Stevenson Centre is key ro
promotinu the Centre's facilities. The Stevenson Centre is advertised and promoted locally and advises local
residents that they can benefit from advantaoeolls rates. The Parish Council, as sole Trustee of The Stevenson
Centre Ch8sity, works Closely with its users to ensure their needs are met and that they are happy with the facilities
provided.
The Trustees regularly r¢view the Centre's hire charges to tailor inwme to expenditure and to ensure that charues
for all users are kept reasonable and affordable and comparable to local competitors.
If the Charity, for a temporary period of time, is unable to meet its expenditure it has the option to apply to the
Parish Council for support.
The Stevenson Centre Charity has appropriate insurance in place to cover the loss of revenue up to £40,000.
The annual report was approved by the member of the eharity on .............
signed on its behalf by..
Mr T J Keane, Trustee Chairman, for and on behalf of
Great Cornard Parish Council
T￿stee

The Stevenson Centre
Statement of Trustee's Responsibilities
The ts'ustee is responsible for prep￿.1￿g the trustee's report and the financial stateinents in accoi'dance witli the
United Kingdoin Accounting Standards (United Kingdoin Generally Accepted Accountiiig Practice) and applicable
law and regulations.
The law applicable to cliarities requii'es tl)e tsustee to pi-epai'e financial stateiiients for each financial yeai. wl)ich give
& true at)d fair view of tlie state of affairs of the cliarity and of the iiicoming I'esources and application of resoui'ces
of the chai'ity for that pei'iod. In preparing these financial stateinents, the menibei. is reqiiired to..
select suitable accounting policies and then apply theni consistently.
obseive the methods and principles in the Charities SORP.
make judgeinents and estimates that are reasonable ￿]d prudent.
state whetlier ai)plicable accouiiting standards l)ave been followed, subject to aiiy inaterial departure5 disclosed
and explained in tlie financial slateinents. aiid
prepare tlie financial statements on the going concern basis unless it is inappropriate to presuine that the charity
will continue in business.
Tl)e inembei. is responsible foi. keeping propel. accounting recoi-ds that disclose with reasonable accui?cy at any
tinie ihe financial position of the chai'ity and enable thein to ensiire that tl)e financial stateinents coniply with the
Charities Act 201 I, the Charities (Accounts and Reports) Regulations 2008, and the provisions of tlie constitution.
The inembei. is also responsible foi. safeguarding the assets of the cliai'ity and hence for taking i'easonable steps for
the prevention and detection of fraud and other ii'regularities.
The ti'ustee is responsible for the maiiitenance and iiitegi'ity of the eorpoi'ate and financial information incliided o
the cliai'itable company's website. Legislation govet'ning the pi'eparation and disseniination of financial statements
may diffei. froiii legislation in otlier jiii'isdictions.
Approved by tlie n)eiiiber of tlie cliarity on
and signed on its belialf by..
Mi. T J l<eane, Ti'uslee Cliaii'man, foi. and on behalf of
Great Coi-nard Pai-isli Council
Ti'ustee
Page 4

The Stevenson Centre
Independent Examiner's Report to the trustee of The Stevenson Centre
I report to the trustee on my examtnation of the accounts of The Stevenson Centre for the year ended ) l March
20?4.
Responsibilities and basis of report
As the charity tnjstee of The Stevenson Centre you are responsible for the preparation of the accounts in a¢¢ordance
with the requirements of the Charities Act 2011 ('Ihe Act,).
I repon in respect of my examination of the The Stevenson Centre's accounts carried out under section 145 of the
201 l Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5)(b) of the Act.
Independent examiner's st2tement
I have eompleted my examination. I confim] that no material matters have come to my attention in connection with
the examination tsivino me cause to believe that in any material respect:
l. a¢¢ouutin<r rewrds were not kept in respect of The Stevenson Centre as required by section IJO of the Aet- or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the aceountints requirements concernino the fomi and content of accounts set
out in the Charities (Accounts and Reports) Reoulations 2008 other than any requirement that the accounts
tsive a 'true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in oonnection with the examination to which attention
should be drawn in this report in order to enable a proper UnderSta￿dIng of the accounts to be reached.
Nicholas Forsyth FCA
Lambert Chapman LLP
Chartered Accountants and Registered Statutory Auditors
) Warners Mill
Silks Way
Braintree
Essex
CM7 )GB

The Stevenson Centre
Statement of Financial Activities for the Year Ended 31 March 2024
TotAI
2024
Total
2023
Unrestricted
Note
Ineome aiid Endowments from:
Donations and legacies
Cliaritable activities
Other income
22,417
60.921
22,417
60,921
21,192
48.841
5.314
Total income
83.338
75,347
Expenditure on:
Charitable activities
{84.091
(84,091)
(82,832)
Total expenditure
{84,091)
84,091
(82,832)
Net movement in funds
{753)
(753)
(7,485)
Reconciliation of funds
Total fuiids brought forward
Total funds cai-ried foi'ward
37,822
37,822
45,307
16
37,069
37,069
37,822
All of the charity's activities derive froin ¢ontinuing opeiations dui-ing the above two periods.
The funds breakdown foi. 2023 is shown in note 16.
Tlie ijotes on pages 8 to 15 fonii an iiitegral part of tliese financial stateinents.
Page 6

The Stevenson Centre
(Re￿istration number: 1067925)
BaIance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tanoible assets
6.452
6,130
Current assets
Debtors
Casli at bank and in hand
12
3,60?
40,686
Creditors: Amounts falltno due within one year
14
(5.064)
(8,994)
Net current Assets
30.617
Net assets
37,069
Funds of the charity:
Unrestricted income funds
Unrestricted fijnds
Totsl funds
16
37,069
The financial statements on paoes 6 to 15 were approved by the Ttuste¢s.
The Trustee has authorised these for issue on .... ..-...
. and siuned on behalf by:
Mr T J Keane. Trustee Chairman. for and on behalf of
Great Cornard Parish Council
Twstee
The notes on pages 8 to 15 forni an inteqral part of these financial statements.

The Stevenson Centre
Notes to the Financial Statements for the Year Ended 31 March 2024
l Aeeounting policies
Statement of compliAnce
The financial stateineiits have beeii pi-epared in accordance with Accounting and Reporting by Charities.. Statement
of Recominended Practice applicable to charities prepai'ing their accounts in accordance with the Financial
Reporting Standard applicable in the UK aiid Republic of Ireland (FRS 102) (effective l Januaiy 2019) - (Cl)ariLies
SORP {FRS 102)), tlie Financial Reporting Staiidard applicable in the UK and Republic of Ireland (FRS 102) and
the Charities Act 2011.
Basis of preparation
Tlie Stevenson Centi'e meets the definition of a public benefit entity under FRS 102. Tlie a¢¢ounts (financial
staleinents) have been pi'epared iiiider the historical cost convention witl) items recognised at cost or ts?nsactioii
value unless otherwise slated in the relevant iiote(s) to these accouiils.
Going eoncern
Tlie Senioi. Manageinent Team of tile Ti'ustee coiisiders that tliei'e tre no material uncertainties about the Charity's
ability to continiie as a going eoncei'rL. The cl)arity will i-eceive continued support froin the Gi-eat Cornai'd Parish
Council to ensui'e that it is able to continue to U'ade as a going concern.
Judgenients
Apart froni those judgements iiivolving estin)ations, the inaiiageinent has not niade any judgeiiients in the piDcess of
applying the entity's accounting policies tliat have sioiiificaiit effect on tl)e amounts recognised in the accounts.
Key sources of estiination uncertainty
Tliei'e are no key assui)Iptions concerning the future or otlier key sources of eslimatiotj uncertainty at the I'eporliiig
dale that liave a significant risk of causing a material adjustinent to tlie cai'rying amounts of assets aiid liabilities
within the next repoiting period.
Income 8nd endowmeilts
Voluntary income incliiding donations tliat provide col'e fiinding oi. are of a genei'al natui'e, is i-ecognised when tiie
chai'ity has entitleinent to the income, it is pi'obable that the iiicoine will be I'eceived and the an]ount ¢an be
measLlI'ed with siifficient i'eliability.
Gi'anls receivuble
Grants are i-ecognised when the charity has an entitlement to the fiinds and any conditions linked to the gi'ants have
been met. Whei'e performance conditioiis are attaclied to the grant and al'e yet to be Inet, th¢ in¢oille is recognised as
a liability and included on the balance shcet as deferred income to be released.
Donnteilservices andfucililies
Donated goods and sei-vices include time from employees of Great Cornard Pai'ish Council alongside phone and
photocopier costs.
Churitable aclivilies
Inconie fi'om charitable activities i'elates to the hire of the Cotnmui)ity Centre in order for tl)e Cliai'ity to n3eet its
¢haritable objects. Income from this soui'ce is recogiiised when thei'e is entitleinent to the iiicome. tlie Ainoiint is
iiieasu17ble and receipt is probable.
Page 8

The Stevenson Centre
Notes to the Financial Ststements for the Year Ended 31]Ilarch 2024 (continued)
Other income
Oth¢r income received in the year relates to insurance claims bein¢
¥ paid to the Charity. This income is reco(Tnised
when it was Teceived in the bank.
ETpenditure
All expenditure is recotrnised once there is a le(Yal or constructive obligation to that expenditure, it is probable
settlement is required and the a￿oUnt can be measured reliably. All costs are allocated to the applicable expenditure
heading that eoate similar eosts to that catetsory.
Charitable activilies
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for
its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect
nature necessary to support them.
Governance costs
These include the costs attributable to the chartty's compliance with constitutional and statutory itquirements.
Government ￿rants
Government grants are recounised based on the accrual model and are measured at the fair vatue of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grdnts relating to revenue are
r¢coonised in income over the period in which the related costs are recoonised. Grants relating to assets are
r¢coiFnised over the expected useful life of the asset. Where part of a ordnt relatintr to an asset is deferred, it is
recoonised as deferred income.
Taxation
The charity is potentially exempt from t￿atIOn in respect of income or capital gains received to the extent that such
income or oains are applied exclusively to charitable purposes.
Tanqible fixed assets
Individual fixed assets are initially recorded at cosi less any subsequent accumulated depreciation and subsequent
accumulated impairment losses.
Depreciation 2nd amortisation
Depreciation is provided on tanoible fExed assets 50 as to write off the Cost or valuation, less any estimated residua]
value, over their expected useful economic life as follows-
Asset c12SS
Furniture and equipment
Office equipment
Other tantrible assets
Depreciation method and r2te
20 % Strat<yht line method
JJ /0 Straight line method
200/0 Straioht line method
Trade debtors
Trade debtors are amounts due from customers for hall rental services in the ordinary course of business.
Trade debtors are recognised initially at the transaction price.
Cash and cash equivalents
Cash and e&sh equivalents comprise c&sh on hand and call deposits.

The Stevenson Centre
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
Fund structure
Uni'esti'icted income fLinds are general fiinds that are available for iise at the ts'ustee disci'etion in fiirthei'ance of the
objectives of the cliarity.
2 Income from donAtions 2nd legaeies
Unrestiicted
funds
GenerAI
Resti'ieted
fuiids
Total
2024
Total
2023
Gi'ants, includiiig capital gt2nts'
Governinent grants
Donations
890
20,302
22,417
22.417
22,417
22,417
21,192
3 Income from charitable Aetivities
Unresti'ieted
funds
Geiieral
Resti'icted
funds
Totsl
2024
Total
2023
Hire of coiiimiinity centre
60.921
60,921
48,841
4 Other inttsme
Unrestricted
funds
General
Resti'icted
funds
Total
2024
Total
2023
Other income
5,314
Page 10

The Stevenson Centre
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
5 Expenditure on ch2rit2ble activities
Unrestricted
Totsl
2024
Tot21
2023
GetLer21
Restrieted
Note
Rates
LiJtr E heat and power
Insu12nce
3,506
14,601
2,146
313
3,506
14,601
2,146
l89
1,340
246
Telephone and fax
Printincr, poststse and
stationery
Trade subscriptions
Sundry expenses
Cleanino
Advertising
Computer consumables
and maintenance costs
Costs of donated time
Depreciation,
amortisation and other
similar costs
Staff costs
Governance costs
Repairs and mainten2n¢e
476
968
46
1,899
476
968
46
1,899
502
882
j8?
1,479
708
527
527
21,738
372
19,672
2,495
?7,975
1,548
2,495
27,975
1,548
5,853
2.284
25.500
1,170
14.207
84,091
84.091
6 Analysis of tsovernaDce 2nd support Costs
GoverD2nce costs
Unrestricted
Totgl
2024
Total
2023
Gener21
Accountaney fees
Other fees patd to accountants
Independent examiner fees
Ex2mination of the financial statements
144
144
195
1.404
1,404
975
1.548
1,548
1.170
Pagell

The Stevenson Centre
Notes to the Financial Statements for the Yeai" Ended 31 March 2024 (continued)
7 Trustee i'emunei*tion xnd expens&s
No trustee, noi. any persons connected with them, have received any remuneratioii from the charity dui'ing Éhe year.
No trustees have received ￿]Y reimbursed expenses or any odier benefits froin the charity during die year.
8 Staff costs
The aggregate payroll costs wei'e as follows..
2024
2023
Staff costs dui-ing the year were:
Wages and salaries
Social security costs
Peiisioii costs
25,571
343
2,061
23,163
233
2,104
27.975
25,500
Tlie ii)ont]ily average niimber of persons employed by the c11￿-lty dui'inu the year expressed as full time quivalents
was as follows..
2024
2023
Avei'age employees
No einployee received etnoluments of more tlian £60,000 during tbe year
9 llldepezldent exaniiner's remuiieration
2024
2023
Exa]nination of tlie fiiiancial slateiiients
1,404
975
10 TaxAtion
The charity is a registered charity and is therefore poteiitially exempt from taxation.
Page 12

The Stevenson Centre
Notes to tbe Financial Statements for the Year Ended 31 March 2024 (continued)
11 Tanuible fixed 2ssets
Furniture And
equipment
Offiee
equipment
Other tsngible
rixed asset
Total
Cost
At l April 2023
Additions
9,497
596
1,804
2,818
11,897
2,818
At ) l March 2024
9.497
596
14.715
Depreciation
At l April 20?3
Charge for the year
4,450
1.900
596
722
595
5,768
?,495
At J l March 2024
6,350
596
1,317
8,263
Net book v21ue
At 31 March 2024
3.147
6,452
At 31 March 2023
5.047
6,1?9
12 Debtors
2024
2023
Trade debtors
Prepayments
797
1,094
13 Cash and cash equivalents
2024
2023
Cash at bank
Paoe 13

The Stevenson Centre
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
14 Ci'editors: amounts fAlling due witliin one year
2024
2023
Ti?de creditoi's
Other creditors
Accruals
965
4.099
8,991
5,064
8,994
15 Pensioll and othei. schemes
Defined conti'ibution pension scheme
The charity operates a defined conti'ibutioii peiisioii schenie. Tiie pension cost charge for the year represents
contributioiis payable by the charity lo the scheme and aniounted to £2,104 (2023 - £2,015).
16 Funds
BAlanee At
31 Mareh
2024
Balallce at I
April 2023
Incoming
resources
Resources
expeiided
Transfers
Uni'estrieted fllllds
General
Uiiresti'icted Geneial Fiinds
35,773
83.338
{84,091)
2,049
37,069
Designuted
Fixtui'es and fittings
2,049
(2,049)
Total funds
37,822
83,338
{84,091)
37,069
Balance at
31 MAreh
2023
BalAnee at I
Api-il 2022
Incoming
resources
Resources
expended
TrAnsfers
Uni'esti'lcted funds
General
Uni'eskn'icted Geneial Funds
35,261
74,457
{76,885}
2,940
35,773
Designuled
Fixtui'es and fittings
10.046
{5,947
2,050
2,049
Total unrestricted funds
45,307
74,457
{82,832)
890
37,822
Restricted
TV Monitor
890
(890)
Total funds
45.307
75.347
(82.832)
37,822
Page 14

The Stevenson Centre
Notes to the Financial Ststements for the Year Ended 31 March 2024 (continued)
The specific purposes fr>r which the funds are to be applied are as follows:
The unrestricted funds relate to ueneral funds that are available for use at the trustee's discretion in furtheran¢e of
the objectives of the charity.
The Stevenson Centre desionated monies in previous years to impi'ove the Hall's facilities and equipment.
17 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 M2reh
2024
T2ntsible fixed ￿Sets
CLLrrent ￿Sets
Current liabilities
6.452
6,452
(5,064)
{5,064)
Total net assets
Unrestricted
funds
Gener21
Total funds at
31 Mareh
2023
Tanoible fixed assets
Cu￿ent assets
Cutrent liabilities
6,130
40,686
(8,994)
6,130
40,686
(8,994)
Total net assets
37,822
18 Related party transactions
Dunno the year the charity made the followiniy related party transactions:
Durino the period, donations ajnounting to £22,417 (202J £?O,J02) were provided to tlie ¢harity from Great
Cornard Parish Council, th¢ sole managing trustee. These were provided with no conditions attached.
At the balance sheet date the amount due to/from was £Nil (2023 - £Nil).
Paoe 15