Flander Community Centre Ch¥rity No. 1070171 Report and Financial Statement For the ear ended 30 Se tember 2024 Contents Page No 2. Trustees, Report 3. Independent Examiners, Report 4. Statement of Financial Activities 5. Balance Sheet 5. Notes 9-10
Flander Community Centre Trustees Report for the year ended 30 September 2024 Flander Community Centre Trustees, Annual Report for the year ended 30 September 2024 The Trustees, of the Charity present their annual report and the financial statements for the year ended 30 September 2023. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102- effective l January 2019), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Ob'eetives and Activities for the Publie Benefit Flanders Community Centre's aims and objectives are to continue to provide services as set out al)ove and to improve our regular services of our Activities List. Flanders Comn]unity Centre remains a local community centre for the use of the inhabitants of East Ham with the aim to improving people's life conditions The activities of the charity are divided into three main areas To make available for hire rooms and associated facilities for any activlty that people undertake for their own enjoyment or personal development outside work. To promote (in partnership where possible) specific events and activities which meets a clear and identified social need. To promote and support voluntary effort to achieve the alK)ve aims. These are led by members of the Management Committee of the charity and cover: The obligations of Management Committee members The main documents which set out the operational framework for the charity. Resource and the current financial position as set out in the latest published accounts Future plans and objectives. Achievements and rforniance in the ear ended 30 Se tember 2024 The successful Little Wings Nursery continues to flourish with happy carers, parents, and children attending. Little Wings now have an established small nursery garden for bulb planting and seasonable vegetables. Flander Community Centre has enhanced the dedicated art space and display area with inclusion of fixed play activity boards. Flander are still successfully running the pensioner afternoon gatherings which Flander has expanded to two afternoons per week. Flander has now created raised beds in the main hall garden (separate garden from the nursery) if our attendees wish to grow their own vegetables in their own dedicated space. The pensioners remain happy, fit, and healthy. Flander now also provides a foodbank for the pensioner gatherings supplying paper grocery bags with a rnix of foodstuffs to create a meal. The Tenants Association continues to meet at Flander bi-monthly.
Flander Community Centre Trustees Report for the year ended 30 September 2024 Along with the Kumon Maths and English tutoring, Flander now opens as a dedicated exam facility for AEC Tutors. This has been running for four years and now Flander is confinned as a registered exam venue with the organisation. Flander still continues to run the Summer and Winter Kulan Group playschemes with strong attendance by all children's age groups. Flander also offers a foodbank facility within these schemes. Along with the upgrddes Flander made last year. Flander has now installed large fan units into the ceiling of the halls to support airflow throughout the building. Along with this Flander has re-insulated the whole building. Flander has maintained, replaced, or repainted the fencing and exterior of the building where necessary to keep it looking fresh. Flander continues to offer facemasks and hand sanitizer stations. All classes, including ballroom dancing, line dancing. and yo8 are now regular features. Flander has upgraded the kitchen with new appliances. Flander is looking forward to a happy future again, keeping in mind the ever-present threat from the local authority to try to close the facility which is a valuable and valued community asset. Therefore, we remain on guard and ever vigilant to their shenanigans. Flander continue to work hard to meet the needs of the community. Financial Review The charity had Income for the year ended £39.551 and Expenditure £47,452. Reserves Poli The charity aims to hold £5000.00 in reserve for contingencies such as redundancies and urgent repairs or in case of sudden withdrawal of funding. Risk Assessment- The Management Committee continues to keep under review the major risks to which the charity may be exposed. Future lans To defend ourselves through legal action against LBN. To redevelop the existing site. Structure, Governance and Management Governin Document The Flander Community Centre is a registered Charity and the Charity number is 1070171. Recruitment and A ointment of Mana ement Committee The trustees for the purposes of charity law are known as members of the Management Committee.
Flander Community Centre Trustees Report for the year ended 30 September 2024 Under the requirements of the members of the Management Committee must be appointed from members of the charity, although persons with a particular skill to contribute to the charity may be co-opted to attend and contribute to management committee meetings but shall not be entÈtled to vote. Trustees Induction and Trainin All new staff, volunteers and Management Committee members must go through an induction process at the start of their work with Flanders Community Centre. This process aims to familiarise them with the aims, objectives and structures of the organisation, as well as the policies and procedures which are likely to be of rclevance to their work. Induction of new Management Committee members takes place during the new committee member's first month in post and is the responsibility of the Chair of the Management Committee. The induction process include5 meetings with relevant management Committee and staff members and an introduction to Flanders Community Centre aims and objectives and key policies and procedures of the organlsation. The Management Committee meets approximately every three months, with day-to4ay management delegated to a salaried Manager. In addition, individual members of the Management Committee maintain regular contact with the Manager to supervise and assist. when necessary, in different areas of the charity's work. External Risks: Significant external risk of London Borough of Newham increasing our peppercorn rent from £1 per year to £23,000.00. The Management Committee has employed the services of a Solicitor to defend Flanders Community Centre for this purpose and Flanders Community Centre shall also employ a Valuation Surveyor, Building Surveyor and Builders to asses the premises. The London Borough of Newham who erected a building on a Flande Community Centre demised land without apparent relevant pern]ission to do so. Flandeis Community Centre intend through legal action to reclaim this land. Internal Risks: Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of service for all operational aspects of the charity. These procedures are kept under constant review by the Management Committee to ensure they continue to meet the needs of the charity. Inde endent Examiner: A resolution passed in the Annual General Meeting will be to appoint Glory Community Accounting Services to act as an Independent Examiner and it is approved by the Trustees. Reference and Administrative Inforniation: Trustees: The trustees who served during the year ended 30 September 2024: Mrs. Julia Mead (Chair) Mr A Shanahan (Treasurer / Secretary) Mr Cedric Johnson (Trustee) Prinei al Office: 116 Napier Road London E6 2SG Bankers: Barclays Bank PLC
Flander Community Centre Trustees Report for the year ended 30 September 2024 58 High St North London E6 2HW Solicitors: Thirsk Winton LLp I l Mason's Arnis Mews Mayfair London WIS INX Surve Richard John Clarke I l Masons Amls Mews Mayfair London WIS INX Insurers: Zurich Insurance Zurich House Ballsbridge Park Dublin 4 Ireland Inde endent Examiners: Glory Community Accounting Services 318 Barking Road London El 3 8HL onsibilities of the Trustees The Charity Trustees have responsibilities to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditurE for thc financial year. In preparing those financial statemenw the trustees should follow best practice and.. select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis The trustees are responsible for maintaining 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 Charity Law. Trustees are also responsible for 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: Mead - Chair) Date .
Independent Examiners, Report to the Members of Flander Community Centre, Charity No: 1070171 I report to the trustees on my examination of the accounts of the above Charity "Flanders Community Centre" for the year ended 30 September 2024. which are set on pages 6 to l O and have been prepared on an accrual basis. Responsibilities and basis of Report: As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity's accounts Cled 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 Statement: I have completed my examination. I confIrn] that no materials matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect." The accounting records were not kept in accordance with section 130 of the Charities Act. and The accounts did not accord with the accounting records. or The accounts did not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) .... to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met. or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Hasina Jahan (DFT, M Com, MAAT. MBA) Glory Cornmunity Accounting Services 318 Barking Road Plaistow London E13 8HL IMd(M E13 8HL Date:a 4,&f25
Flander Community Centre Statement of Financial Activities for the year ended 30 September 2024 Notes Unrestricted Funds Restricted Funds Total 2024 Total 2023 Income Income from Charitable Activities Income from other activities Bank Interest Received 39.442 109 39,442 109 66.636 Total Income 39,551 39,551 66,636 enditure Expenditure on Charitable activitie Total Expenditure Net Income l (Expenditure) Total Funds brought forward Total Funds carried forward 47,452 47,452 (7.900) 98.931 47,452 47,452 (7,900) 98,931 68,028 68,028 (1.392) 100.323 91.031 91,031 98,931
Flander Community Centre Balance Sheet as at 30 September 2024 2024 Fixed Assets 2023 Notes Tangible Assets Total Fixed Assets 216 216 Current Assets Cash at Bank / in hand 98.435 99.915 Total Current Assets 98,435 99,915 Current Liabilities Creditors: falling due witbin one y&. Net Current Assets Total assets less current liabilities (7,404) 91,031 91,031 (1,200) 98,715 98,715 Total Net A&gets 91,031 98,931 The Funds of th¢ Charity Unrestricted Funds Restricted Funds Total Charity Funds 91.031 98,931 91,031 98,931 Appmved by the Management Committee and signed on its behalf by: ..( Mrs.Julia Mead - Chair) 26~
Flander Community Centre Notes of the Financial Statement for the year ended 30 September 2024 l. Accounting Policies (a) Basis of preparatioll and assessment of going concern: The accounts (fmancial statements) have b¢en prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the rel¢vant note(s) to these accounts. The financial statements have been prepared in accordance with the second ition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the UnÉted Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The tnjstees consider that there are no material uncertainties about the Trust's ability to continue as a going concern (b) Unrestricted Funds Unrestricted income funds comprise those funds which the trustees are free to us¢ for any purpose in furtherance of the charitable objects. (c) Restricted Funds Restricted fimds are fLmds which are to be used in accordance with specific restrictions imwsed by the donor . (d) Income recognition All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. All income are generated from hall hire. (e) Expenditure recognition Expenditure are recognised as soon as there is a legal or constrnctive obligation committing thc clLarily lu that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.
Flander Community Centre Notes of the Financial Statement for the year ended 30 September 2024 {fj Allocation of support and governance eosts Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. (g) Charitable activities The expenditure on charitable activities includes grants made, governance costs and of support costs as shown in note. (h) Pensions Employees of the charity are entitled to join a work place pension scheme which is fimded by contributions from employee and employer or alternatively they may have opted to join the group money purchase defined contribution pension scheme. (i) Fixed A85ets . All assets costing more than £l.000.00 are capitalised and valued at historical cost. Depreciation is charged from the year of acquisition on furniture alld equipment on 25 % straight-line basis over their estimated use1 life of four years. 2. Income from charitable activities Unrestricted Restricted Funds Funds TotaI 2024 Total 2023 Total Unrestricted Funds Restricted Funds Total 2024 Total 2023 3. Income from other activities Hall hire Other Income Total 35,774 3,668 39,442 35,774 3,668 39,442 62,704 3,932 66,636
Flander Community Centre Notes of the Financial Statement for the year ended 30 September 2024 4. Expenditure on Charitable activities Unrestricted Restricted Funds Funds Total 2024 Total 2023 Support and Governance Costs (Notes S) Building Materials / Repair & Maintenance Volunteer / Administrdtor expenses Small equipment Rate Telephone / Internet Postage /Printing /Stationery /Photocopying Insurance Cleaning expenses Travel expenses Refreshment TV / Software expenses Depreciation expenses Event & Activities Sundry expenses Total 14,540 12.556 130 2.281 3.395 976 560 909 505 1,534 284 353 216 8,517 696 47,452 14.540 12,556 130 2.281 3,395 976 560 909 505 1,534 284 353 216 8.517 696 47,452 19,089 13,645 16,700 4,622 3,121 1,573 656 831 931 2,030 1,788 49 216 2,274 503 68,028 5. Support and Governance Costs Unrestricted Restiicted Funds Funds Total 2024 Total 2023 Staff costs Accountancy fee Payroll expenses Professional / Legal fees Total 12.000 1,200 350 990 14,540 12,000 1200 350 990 14,540 Ii,000 1.200 283 6,606 19,089 6. Creditors & Accrnals: Unrestricted Funds Restricted Funds Total 2024 Total 2023 Accountancy fee L Salary Total 404 7.000 7,404 404 7,000 7,404 1200 1200 7. Fixed Assets: Computer: cost as at 2023 As at 30.09.23 Charge for the year As at 30.09.24 648 432 216 648 Net Book Value 30.09.24 10