WINGATE AND STATION TOWN FAMILY CENTRE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
Registered Charity Number: 1070535
WINGATE AND STATION TOWN FAMILY CENTRE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
CONTENTS
| Page Number | |
|---|---|
| Independent Examiner's Report | 1 |
| Trustees' Annual Report | 2 - 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 - 10 |
1
WINGATE AND STATION TOWN FAMILY CENTRE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
We report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 2 to 10.
Respective responsibilities of trustees and examiners
As the charity's trustees you are responsible for the preparation of the accounts; and you consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) as amended by S28 of the Charities Act 2006 do not apply and that an independent examination is required. It is our responsibility to examine the accounts and to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 43 (7) (b) of the Act, whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
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(1) Which gives us reasonable cause to believe that in any material respect the trustees have not met the requirements
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to keep proper accounting records in accordance with section 41 of the Act; and
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to prepare accounts which agree with the accounting records and to comply with the accounting requirements of the Act, or
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(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lyons & Co Chartered Accountants
23 Yarm Road Stockton-On-Tees TS18 3NJ
08 February 2023
2
WINGATE AND STATION TOWN FAMILY CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Annual Report
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2022.
Administrative Details, Trustees and Advisors
| Charity name: | Wingate and Station Town Family Centre | |
|---|---|---|
| Charity number: | 1070535 | |
| Address: | Partridge Terrace | |
| Wingate | ||
| County Durham | ||
| TS28 5BD | ||
| Charity's Trustees: | Lena Devine Deceased 11/11/21 | |
| John Errington | Chairperson | |
| Alison Nutter | Treasurer | |
| Pauline Dixon | Vice Chairperson | |
| Sandra Devine | ||
| Margaret Ivey Resigned 13/12/21 | ||
| Linda Swallow | Secretary | |
| Lesley Welch | ||
| Independent Examiners: | Lyons & Co Ltd | |
| Chartered Accountants | ||
| 23 Yarm Road | ||
| Stockton on Tees | ||
| TS18 3NJ | ||
| Bank: | Unity Trust Bank | |
| Four Brindley Place | ||
| Birmingham | ||
| B1 2HB |
3
WINGATE AND STATION TOWN FAMILY CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Structure, Governance and Management
Wingate and Station Town Family Centre is a Registered Charity governed by its constitution and is an unincorporated association. The organisation is managed by a Board of Trustees (Management Committee) made up of local residents, head teacher of Wingate Nursery, up to two elected members from the local councils and up to five additional representatives from organisations and agencies relevant to the Family Centre's needs.
At each Annual General Meeting we seek to appoint potential trustees who are interested in the Family Centre and in particular, people with skills and knowledge that will benefit us. The Chairperson must be a local resident and is elected at the AGM. Any unfilled vacancies may be filled by agreement of the committee during the year.
Risk Statement
The trustees are aware of their responsibilities to ensure that major risks to which the charity is exposed are identified, reviewed, and systems or procedures have been established to manage these risks.
Objectives and Activities
The objectives of the charity are:
"To provide facilities for all families within the villages of Station Town, Hutton Henry and Wingate and the surrounding villages for the education, relief of poverty, recreation and other leisure time occupation and the promotion of good standards of child care amongst parents and carers with the object of improving the conditions of life for the said families."
The centre aims to work in partnership with local families to identify their needs and provide effective resources to fulfil those needs within the community.
Learning is at the heart of all activities in the family centre. We aim to provide a high quality learning experience for individuals and groups with a wide range of knowledge and skills, many returning to learning to improve their employability. Parents can also visit the centre simply to enjoy the social contact and benefit from informal activities to support a healthy lifestyle.
Now as a part of Wingate Children's Centre, the Family Centre has a valuable role to play supporting the learning that takes place in other areas of the building.
4
WINGATE AND STATION TOWN FAMILY CENTRE
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Achievements And Performance During The Year
Family activies have been delivered wherever possible throughout the year, engaging and supporting disadvantaged local families. Sessions have been well attended and provided opportunities to identify relevant issues and pathways to access additional services. Consultation has led to the implementation of additional courses providing development and progression activities to support families into employment and training.
Wingate Community Play Rangers sessions have continued in the Welfare Park, green spaces through the village and in Gully House. Children have been encouraged to engage in physically active play, team games and individual challenges.
The year has been challenging for all of us, across all sectors, but particulary for small charities. Fortunately we have had the continuing support of our funders who have made every effort to accommodate the changes we have had to make to our activities due Covid-19. All staff were furloughed over the summer.
We have been fortunate to retain the support of local families who await the full restoration of activities. We will continue to monitor and comply with all government guidance and hope to return to full capacity as soon as restrictions allow.
Financial Review
The Statement of Financial Activities shows a decrease in income and costs during the year. Overall there was a surplus of expenditure over income of £15,000 which are added to the reserves brought forward.
At the year end there were reserves of £131,221 which are mainly represented by the building and bank balances.
Reserves Policy
The trustees consider that adequate cash reserves are needed to ensure that staff costs and overheads are covered for a period of at least six months. If this was not the case it would be very difficult to attract and retain the high quality staff that are required to carry out the objectives of the charity. A significant proportion of the overall reserves are in respect of the property valuation and are therefore not usable in cash terms but form a working base for the Family Centre.
Overall the trustees are satisfied with the financial performance during the year.
Linda Swallow Secretary
08 February 2023
5
WINGATE AND STATION TOWN FAMILY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
| Income and Expenditure Notes Incoming Resources Charitable Activities 2 Durham County Council covid grants Hmrc furlough grants Total Incoming Resources Resources Expended Charitable Activities 3 Governance Costs 4 Total Resources Expended Net Movement in Funds Balance Brought Forward At 1 April 2021 Balance Carried Forward At 31 March 2022 |
Unrestricted Funds £ 1,415 - - 1,415 - - - 1,415 55,257 56,672 |
Restricted Funds £ 49,303 11,000 - 60,303 45,778 940 46,718 13,585 60,964 74,549 |
Total Funds 2022 £ 50,718 11,000 - 61,718 45,778 940 46,718 15,000 116,221 131,221 |
Total Funds 2021 £ 35,133 13,268 13,652 62,053 39,529 1,210 40,739 21,314 94,907 116,221 |
|---|---|---|---|---|
The notes on pages 7 to 10 form part of these Financial Statements.
6
WINGATE AND STATION TOWN FAMILY CENTRE
BALANCE SHEET
AT 31 MARCH 2022
| Notes Fixed Assets Tangible fixed assets 5 Current Assets Paye debtor Cash and bank Creditors: Amounts falling due within one year Receipts in advance Accruals Net Current Assets Net Assets Funds Unrestricted Restricted Total Funds |
£ £ 65,000 1,469 66,942 68,411 - (2,190) (2,190) 66,221 131,221 56,672 74,549 131,221 2022 |
£ £ 65,000 818 63,816 64,634 (12,163) (1,250) (13,413) 51,221 116,221 55,257 60,964 116,221 2021 |
|---|---|---|
Approved by the Board of Trustees on 8 February 2023 and signed on its behalf by:
John Errington - Chairperson Alison Nutter - Treasurer
The notes on pages 7 to 10 form part of these Financial Statements.
7
WINGATE AND STATION TOWN FAMILY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
1 Accounting Policies
Basis of accounting
The financial statements have been prepared in accordance with applicable accounting standards under the historical cost accounting rules, and in accordance with the charities SORP- 'Accounting and Reporting by Charities.'
Depreciation
Depreciation of fixed assets is calculated to write off their cost over their estimated useful lives as follows:
Fixtures and Fittings 25% Straight Line Freehold property Nil
No provision is made for depreciation of freehold property as the Trustees review its carrying value annually and any impairment is written off to the Statement of Financial Activities in that year.
Income
Income is recognised in the Statement of Financial Activities when the charity is entitled to the funds, it is probable that the income will be received and the amount can be reliably measured.
Expenditure
Costs are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. Expenditure is accounted for on an accruals basis.
8
WINGATE AND STATION TOWN FAMILY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
2 Charitable Activities - Income
| The Centre was supported during the year by grants from: Durham County Council - Cree - Project Income - Fun and food East Durham Community Children In Need - Play Rangers Three villages project Main grants |
2022 £ 8,000 12,163 2,144 1,415 24,996 2,000 - 50,718 |
2021 £ 3,969 2,390 - 2,000 16,240 - 10,534 35,133 |
|---|---|---|
9
WINGATE AND STATION TOWN FAMILY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
| 3 Charitable Activities - Costs Wages and salaries Pension costs Men and Women's cree Travelling Bank charges Water rates Heat and light Insurances Human resources Repairs and renewals Postage and stationery Telephone Computer software Project costs Playscheme and workshop expenses Subscriptions and publications |
Restricted Funds 2022 £ 27,932 304 3,817 524 69 152 586 1,365 1,021 637 1,776 949 898 5,277 375 96 45,778 |
Restricted Funds 2021 £ 26,180 241 401 221 67 190 407 1,362 1,402 954 1,616 690 818 4,834 50 96 39,529 |
|---|---|---|
Many of the projects provide funding for core costs including wages and salaries which are not sub-analysed.
| 4 | Governance Costs | Restricted Restricted |
|---|---|---|
| Accountancy | Funds Funds 2022 2021 £ £ 940 1,210 |
10
WINGATE AND STATION TOWN FAMILY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
| 5 Tangible Fixed Assets Cost At 1 April 2021 At 31 March 2022 Accumulated Depreciation At 1 April 2021 At 31 March 2022 Net Book Value At 31 March 2022 At 31 March 2021 |
Freehold Property £ 65,000 65,000 - - 65,000 65,000 |
Fixtures and Fittings £ 4,283 4,283 4,283 4,283 - - |
Total £ 69,283 69,283 4,283 4,283 65,000 65,000 |
|---|---|---|---|
The carrying value of freehold property is considered by the trustees at the end of each year. Any permanent reduction in value is written off in the statement of financial activities. Previous provisions of £88,636 had been made to reduce the original cost of the property to open market value.
The land is owned by a leasehold interest.
A revaluation was not carried out during the year, but the trustees consider the carrying value of £65,000 to be fair.
| 6 Staff Costs Average Number of Employees During the Year |
2022 4 |
2021 3 |
|---|---|---|