2023-03-31-accounts

			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		8	to	9
Notes tothe Financial Statements		10 to		19

					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	F			F
INCOME AND ENDOWMENTS	FROM
Donations and legacies			21,142	1,266	22,408	33,641
Charitable activities
Community centre			100,713	50,040	150,753	133,769
Other trading activities			78,066		78,066	65,945
Investment income			1,301		1,301	58
Otherincome						429
Total			201,222	51,306	252,528	233,842
EXPENDITURE ON
Charitable activities
Community centre			241,878	68,152	310,030	261,007
NET INCOME/(EXPENDITURE)			(40,656)	(16,846)	(57,502)	(27,165)
RECONCILIATION OF FUNDS
Total funds brought forward			200,580	624,450	825,030	852,195
TOTAL FUNDS CARRIED FORWARD			159,924	607,604	767,528	825,030

	BALANCE SHEET
	31 MARCH 2023
		31.3.23	31.3.22
	Notes
FIXEDASSETS
Tangible assets	14	607,683	636,605
Investments	15	100	100
		607,783	636,705
CURRENT ASSETS
Debtors	16	91,375	69,592
Cash at bank		123,183	132,611
		214,558	202,203
CREDITORS
Amounts falling due within one year	17	(54,813)	(13,878)
NET CURRENT ASSETS		159,745	188,325
TOTAL ASSETSLESSCURRENT
LIABILITIES		767,528	825,030
NET ASSETS		767,528	825,030
FUNDS	19
Unrestricted funds		159,924	200,580
Restricted funds		607,604	624,450
TOTAL FUNDS		767,528	825,030

	FOR THE Y	FOR THE Y	FOR THE Y	EAR ENDED 31 MARCH 2	023
2.	DONATIONS AND LEGACIES
					31.3.23	31.3.22
					P
	Donations				2,408	113
	Other Grant income				20,000	33,528
					22,408	33,641
	Grants received,	included	in the above,	are as follows:
					31.3.23	31.3.22
	Fareham college					2,000
	Gosport Borough	Grant			20,000	31,528
					20,000	33,528
3.	OTHER TRADING ACTIVITIES
					31.3.23	31.3.22
	Fundraising events				769
	Room hire charges receivable				59,003	49,104
	Phone mast income				16,750	16,841
	Cafe income				1,544
					78,066	65,945
4.	INVESTMENT INCOME
					31.3.23	31.3.22
					F
	Deposit account	interest			1,301	58
5.	INCOME FROM	CHARITABLE ACTIVITIES
					31.3.23	31.3.22
			Activity
	Community levy		Community	centre	109,873	107,837
	Project service fees		Community	centre	2,840
	Grants		Community	centre	38,040	25,932
					150,753	133,769
	Grants received,	included	in the above,	are as follows:
					31.3.23	31.3.22
					F	F
	Department ofWork and		Pensions		23,790	25,932
	Power for Change				8,000
	Vivid Housing				6,250
					38,040	25,932

6.	OTHER INCOME
							31.3.23	31.3.22
	CJRS							429
7.	CHARITABLE ACTIVITIES COSTS
						Direct	Support
						Costs (see	costs (see
						note 8)	note 9)	Totals
	Community	centre				226,752	83,278	310,030
8.	DIRECT COSTS OF CHARITABLE ACTIVITIES
							31.3.23	31.3.22
								F
	Staffcosts						117,765	143,093
	Light, heat,	water					11,096	10,442
	Sundries						6,195	2,469
	Cleaning						3,816	1,640
	RCT FM Services						42,436	31,947
	Travel						474	67
	Repairs						14,710	4,958
	Training						1,338	2,327
	Depreciation:		Buildings				15,535	15,535
	Depreciation:		Fixtures				13,387	13,387
							226,752	225,865
9.	SUPPORT	COSTS
							Governance
						Management	costs	Totals
	Community	centre				80,758	2,520	83,278
	Support costs, included				in the above, are as follows:
	Management
							31.3.23	31.3.22
							Community	Total
							centre	activities
	Insurance						2,761	2,656
	Postage and		stationery				1,293	1,459
	Advertising						860	626
	Accounting	software					2,426	2,155
	Bookkeeping		and	payroll costs			3,625	3,890
	Telephone	and internet					7,673	9,786
	Computer	costs					824	872
	Office equipment			expensed			1,231	1,585
	Legal and	professional			fees		8,079	654
	Bank charges						2,381	1,501
	Away day							1,200
	Carried forward						31,153	26,384

Management	Management	-continued
				31.3.23	31.3.22
				Community	Total
				centre	activities
					F
Brought forward				31,153	26,384
Consultancy		fees		19,605
Bad debts					5,189
Settlement	payment			30,000
				80,758	31,573
Governance		costs
				31.3.23	31.3.22
				Community	Total
				centre	activities
					F
Independent		examiners fee - Gibson
Whitter				2,520	2,400
Independent		examiners fee - Rothmans			1,169
				2,520	3,569
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
				31.3.23	31.3.22
				f.
Depreciation		- owned assets		28,922	28,922
Independent		examiners fees		2,520	3,569

STAFF COSTS
							31.3.23	31.3.22
								F
Wages and salaries							107,293	129,701
Social security costs							8,408	10,634
Other pension costs							2,064	2,758
Settlement payment							30,000
							147,765	143,093
The average monthly		number of	employees		during the year	was as follows:
							31.3.23	31.3.22
Charitable staff							5	6
No employees received emoluments				in excess of660,000.
COMPARATIVES FOR THE STATEMENT					OF FINANCIAL	ACTIVITIES
						Unrestricted	Restricted	Total
						fund	funds	funds
						F		F
INCOME AND ENDOWMENTS			FROM
Donations and legacies						33,641		33,641
Charitable activities
Community centre						107,837	25,932	133,769
Other trading activities						65,945		65,945
Investment income						58		58
Other income						429		429
Total						207,910	25,932	233,842
EXPENDITURE ON
Charitable activities
Community centre						211,644	49,363	261,007
NET INCOME/(EXPENDITURE)						(3,734)	(23,431)	(27,165)
RECONCILIATION	OF FUNDS
Total funds brought		forward
As previously reported						193,774	678,092	871,866
Prior year adjustment						10,540	(30,211)	(19,671)
As restated						204,314	647,881	852,195
TOTAL FUNDS CARRIED FORWARD						200,580	624,450	825,030

	FOR THE YEAR END	ED 31 MARCH 2023
14.	TANGIBLE FIXEDASSETS
			Fixtures
		Freehold	and
		property	fittings	Totals
			F
	COST
	At 1 April 2022 and 31 March 2023	776,805	68,301	845,106
	DEPRECIATION
	At 1 April 2022	171,257	37,244	208,501
	Charge for year	15,535	13,387	28,922
	At 31 March 2023	186,792	50,631	237,423
	NET BOOK VALUE
	At 31 March 2023	590,013	17,670	607,683
	At 31 March 2022	605,548	31,057	636,605
15.	FIXEDASSET INVESTMENTS
				Shares in
				gl'oup
				undertakings
	MARKET VALUE
	At 1 April 2022 and 31 March 2023			100
	NET BOOK VALUE
	At 31 March 2023			100
	At 31 March 2022			100

	Investments represents	the charity's wholly owned subsidiary RCT Ent	erprises CIC.
16.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.3.23	31.3.22
	Trade debtors		73,913	56,796
	Amounts owed by group	undertakings	13,400	8,119
	Other debtors			1,965
	P repayments		4,062	2,712
			91,375	69,592

				FOR THE YEA	FOR THE YEA	R ENDE	D 31 MARCH 2023	D 31 MARCH 2023
17.	CREDITORS: AMOUNTS			FALLING DUE		WITHIN	ONE YEAR
									31.3.23	31.3.22
									F
	Trade creditors								7,693	5,473
	Social security and	other		taxes						2,344
	Other creditors								207	781
	Deferred income								4,188
	Accrued expenses								42,725	5,280
									54,813	13,878
18.	ANALYSIS OF NET ASSETS				BETWEEN	FUNDS
									31.3.23	31.3.22
						Unrestricted		Restricted	Total	Total
							fund	funds	funds	funds
							F			F
	Fixed assets						6,329	601,354	607,683	636,605
	Investments						100		100	100
	Current assets					208,308		6,250	214,558	202,203
	Current liabilities					(54,813)			(54,813)	(13,878)
						159,924		607,604	767,528	825,030
19.	MOVEMENT IN FUNDS
									Net
									movement	At
								At 1.4.22	in funds	31.3.23
								F	F
	Unrestricted funds
	General fund							200,580	(40,656)	159,924
	Restricted funds
	Freehold property							605,548	(15,535)	590,013
	Covid Community	Led Organisation
	Recovery Scheme							1,978	(791)	1,187
	Coronavirus Community		Support Fund					4,634	(1,854)	2,780
	Power to change C-19Trading				Income
	Support Scheme							12,290	(4,916)	7,374
	Community workshop								6,250	6,250
								624,450	(16,846)	607,604
	TOTAL FUNDS							825,030	(57,502)	767,528

Net movement in	f	unds,	include	d in the abo	ve are as follows	:
						Incoming	Resources	Movement
						resources	expended	in funds
Unrestricted funds
General fund						201,222	(241,878)	(40,656)
Restricted funds
Freehold property							(15,535)	(15,535)
Covid Community		Led Organisation
Recovery Scheme							(791)	(791)
Coronavirus Community			Support Fund				(1,854)	(1,854)
Power to change	C-19		Trading	Income
Support Scheme							(4,916)	(4,916)
DWP- Youth Hub						43,790	(43,790)
Community workshop						6,250		6,250
Resident training	grants					1,266	(1,266)
						51,306	(68,152)	(16,846)
TOTAL FUNDS						252,528	(310,030)	(57,502)
Comparatives for		movement		in funds
						Prior	Net
						year	movement	At
					At 1.4.21	adjustment	in funds	31.3.22
					F
Unrestricted funds
General fund					193,774	10,540	(3,734)	200,580
Restricted funds
Freehold property					621,083		(15,535)	605,548
Covid Community		Led	Organisation
Recovery Scheme					20,825	(18,056)	(791)	1,978
Coronavirus Community			Support Fund		18,643	(12,155)	(1,854)	4,634
Power to change	C-19		Trading	Income
Support Scheme					17,541		(5,251)	12,290
					678,092	(30,211)	(23,431)	624,450
TOTAL FUNDS					871,866	(19,671)	(27,165)	825,030

Comparative net m	ove	ment in	funds, included in th	e above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				207,910	(211,644)	(3,734)
Restricted funds
Freehold property					(15,535)	(15,535)
Covid Community	Led	Organisation
Recovery Scheme					(791)	(791)
Coronavirus Community		Support Fund			(1,854)	(1,854)
Power to change C-19		Trading	Income
Support Scheme					(5,251)	(5,251)
DWP- Youth Hub				25,932	(25,932)
				25,932	(49,363)	(23,431)
TOTAL FUNDS				233,842	(261,007)	(27,165)