Charity registration number. 1075631 The Vivian Moon Community Centre Annual Report and Financial Statements for the Year Ended 31 December 2023 WESTCOTTS ¢HARTtRFD ACCQUIITAMT • •USINE•S ADVI#SA
The Vivian Moon Community Centre Contents (continued) Reference and Administrative Details Trustees, Report 2to4 Accountants. Report Receipts and PaentS Account ststement of Assets and Liabilities Notes to the Financial Statements 8t012
The Vivian Moon Community Centre Reference and Administrative Details Trustees Jasmine Chesters Keith Worthington Ross Moon Charlty Registration Number 1075631 Princlpal Offlce CIO 1 South Park Braunton Devon EX33 2HT Accountants Westcotts 47 Boutport Street Bamstaple Devon EX31 1SQ Page 1
The Vivian Moon Community Centre Trustees. Report The trustees present the annual report logether with the financial statements of the charity for the year ended 31 December 2023. Objectives and activities Charitable Objects The objects of the Vivian Moon Community Centre are to relieve the elderly of Braunton and its surrounding area by such means as are charitable at law. and to promote the benefit of the inhabitants of Braunton and its surrounding area without distinction of sex, sexual orientation. race, or of political or religious or other opinions by associating together with the said inhabitants and the local authorities, voluntary or other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure ts'me occupation with the object of improving the conditions of life for the said inhabitants. The activities of The Vivian Moon Community Centre during the year were providing the use of its premises for various activities, as well as organising events, meals and trips to meet the objects referred to above. Publlc beneflt The trustees confim th8t they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The activities as a whole are for the benefit of the local community of Braunton and the surrounding area. The Charity has been approached by voluntary organisations and individuals for the use of the premisés and we are pleased to be able to accommodate them. Achievements and performanc• Review of Activities and Achievements During the year the Charity has continued to work hard to raise funds from the centre hlre to others, coffee mornings and raffles, door admissions, bingo and other events to enable it to provlde the inhabitants of 8raunton and the surrounding area with facilities of social interest, welfare, recreation and leisure. This will continue for the foreseeable future. Financial review Reserves The charity h8d n8t incoming resources this year of £3,058 {2022:£498). The cash fvnds carried forward are £22,401 {2022: £19,343). These reserves are held to ensure that resourc8s are available to meet all known and committed expenditure so as to absorb any future deficits for the foreseeable future to enable the charity to continue as a going concem for at least the next 10 years. Currently cash funds are held in a bank current account with instant access. No investments of cash funds have been made but the charity has th& power to make investmenls whlch th8 trustees feel are appropriate for the charity. Investment pow8rs, policy and perfonnance The Charity has the power to make investments which the trustees feel is appropriate to the charlty. Any surplus funds are held in interest bearing accounts. Plans for future periods The charity intends to continue raising funds to provide the inhabitants of Braunton and its surrounding area with facilities of social interests, welfare, recreation and leisure time for the foreseeable future. Page 2
The Vivian Moon Community Centre Trustees. Report (continued) Structure, governance and management Governance. Intemal Control and Risk Management The trustees have reviewed the major risks of the charity and have taken action and established systems which will mitigate any known risks. All policies and procedures are updated regularly. The insurance policies are reviewed annually and amended if appropriate. Organisational Structure The Vivian Moon Community Centre is a charitable company limFted by guarantee. and is governed by its Memorandum and Articles of Association. It was incorporated on 19th May 1999 and was registered as a charity with the Charitles Commlssion on 21st May 1999. The Charitsble company transferred to a CIO on 13th July 2022. Each memberfs liabilty in the event of winding up is limited to £ 10 per Member. The charity is also known as: The Braunton District Citizens Club,. All members aré circulated with invitstions to nominate trustees (direclors) prior to the Annual General Meeting, advising them of the trustees in office and requests'ng nominations. The trustees are elecled by a majority vote at the Annual General Meeting. Trustees are trained by their experience and knowledge, and have been briefed on their 16gal obligations under charity and company law, the contents of the Memorandum and Artlcles of Association and the processes within the charity- The trustees, are the directors of the CIO, and meet on a regular basis to discuss the finances. control 8nd running of the charity. The trustees have reviewed the major risks of the charity and hav8 taken action and established systems which will mitigate known risks. Trustee Training New trustees are familiarized with the workings of the charity and their legal obligations under charity law when they are apF)ointed. Trustees are updated regularfy on any changes to their roles and duties, etc, on a regular basis. Page 3
The Vivian Moon Community Centre Trustees. Report (continued) Statement of Trustees. Responsibllitles The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally ACpted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resour5 of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently" observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent: state whether applicable accounting stsndards have been followed, subject to any material departures disclosed and explained In the financial statements; and prepare the financial statements on the going concem basis unless It is Inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enabl8 them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The 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. The trustees are responsible for the maintenance and integrity of the corporate and financ581 information included on the charitable companVs website. Legislation governing the preparation and disseminalion of financial statements may differ from legislation in other jurisdictions. e annual report was approved by the trustees of the charity on eha and signed on its Trustee Page 4
Chartered Accountants. Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of The Vivian Moon Community Centre for the Year Ended 31 December 2023 In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of The Vivian Moon Community Centre for the year ended 31 December 2023 as set out on pages from the chariws accounting records and from infomiation and explanations you have given us. As a practising member finn of the Institute of Chartered Accountsnts in England and Wales (ICAEW) we are subject to its ethical and other professional requirements which are detailed at http:/lww.icaew.comlenl memberslregulations-standards-and-guldancel. This report is made solely to the board of trustees of The Vivian Moon Community Centre a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Vivian Moon Community Centre and state those matters that we have agreed to state to the board of trustees of The Vivian Moon Community Centre a body, in this report, in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Vivian Moon Community Centre and its board of trustees as a body for our work or for this report. It is your duty to ensure that The Vivian Moon Community Centre has kept adequ8t8 accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and of The Vivian Moon Communlty Centre. You consider that The Vlvlan Moon Community Centre is exempt from the statutory audit requirement for the year. We have not been instructed to cary out an audit or a review of the accounts of The Vivian Moon Community Centre. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the ststutory accounts. Westcotts 47 Boutport Street Barnstaple Devon EX31 1SQ Date:...... Page 5
The Vivian Moon Community Centre Receipts and Payments Account for the Year Ended 31 December 2023 Unrestricted funds Restrlcted funds Total 2023 Total 2022 Note Recelpts". Donations and legacies Charitable activities Other income 318 9,890 318 9,890 9,430 9,311 314 Total receipts Payments: Establishment costs Legal fees 10,208 10,208 19,055 (6,673) (480) (6.673) 480 (17,621) 936 Total payments Net receipts Cash brought forward Cash carried forward 7,153 7,153 18,557 3,055 3.055 498 14,955 4,388 19,343 18,845 18,010 4,388 22,398 19,343 All of the charity's activlties derive from contlnuing operatlons during the above two periods. The funds breakdown for 2022 is sho in note 9. The notes on pages 8 to 12 fonn an integral part of these financial statements. Page 6
The Vivian Moon Community Centre (Registration number: 1075631) Statement of Assets and Liabilities as at [31 December 2023 2023 2022 Note Fixed assets Tangible assets 103,911 103,911 Current assets Cash at bank and in hand 22,398 19,343 Net assets 126,309 123,254 The financlal st8tements on pages 6 to 12 were approved by the trustees, and authorised for issue on and signed on their behalf by. Trustee The notes on pages 8 to 12 fomi an integral part of these financial statements. Page 7
The Vivian Moon Community Centre Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 2 Income from donatlons and legacles Unrestricted funds General Total 2023 Donations and legacies,. Donations 318 318 318 318 Unrestricted funds Genèral Total 2022 Donations and legacies,. Donations 9.430 9,430 9.430 9,430 3 Incom• from charltable actlvltles Unrestrlcted funds General Total 2023 Membership fees CoffeelRaffles (inc Easter Egg raffle) Hall hire 90 3,159 6,641 90 3,159 6,641 9,890 9,890 Unrestricted funds General Total 2022 Membership fees CoffeelRaffles (inc Easter Egg raffle) Hall hire 130 2,612 6,569 130 2,612 6,569 9,311 9,311 4 Other income Unrestricted funds General Total 2022 Other income 314 314 Page 9
The Vivian Moon Community Centre Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 5 Trustees remuneration and expenses No trustees, nor any persons connected wtth them, have received any mUneratIon from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 6 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 7 Tanglble flxed assets Land and buildings Total Cost At 1 January 2023 At 31 December 2023 103,911 103,911 103,911 103,911 Depreciation At 31 December 2023 Net book valua At 31 December 2023 103,911 103,911 At 31 December 2022 103,911 103,911 8 Cash and cash equivalents 2023 2022 Cash at bank 22,398 19,343 Page 10
The Vivian Moon Community Centre Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 9 Funds Balance at 1 January 2023 Balance at 31 December 2023 Incomlng resources Resources expended Unrestrlcted funds General 14,955 10.208 (7.153) 18,010 Rastrlcted funds 4,388 4,388 Totsl funds 19,343 10,208 7,153 22,398 Balance at 1 January 2022 Balance at 31 December 2022 Incomlng rèsources Resourc•s expended Unrestrlcted funds General 14.457 19,055 (18,557) 14,955 Restrlcted funds 4,388 4,388 19,343 Total funds 18,845 19,055 18,557 10 Analysls of net assets between funds Totsl funds at31 December 2023 Unrestrlcted funds General Tangible fixed assets Current assets 103,911 22,398 103,911 22,398 126,309 126,309 Total net assets Total funds at31 December 2022 Unrestrlcted funds General Tangible fixed assets Current assets 103,911 19,343 103,911 19,343 123,254 Total net assets 123,254 Page11
The Vivian Moon Community Centre Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 11 Related party transactions There were no related paty transactions in the year. Page 12