2022-03-31-accounts - The Jubilee Centre

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Trustees' Annual Report for the period

Period start date Period end date 01 04 2021 31 03 2022

From

Section A Reference and administration details

Charity name The Jubilee Centre Other names charity is known by Registered charity number (if any) 1076048 Charity's principal address The Priory 28 High Street Marlborough Postcode SN8 1LW

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Mrs S A Wolfenden	Chairman
Miss K F Watt	Treasurer	Resigned 20/12/2021
Mr D H Snape	Treasurer	Appointed 20/12/2021	Mrs S A Wolfenden
Mr J A Kirk-Wilson		Resigned 20/12/2021
Mr R R Hagerty		Resigned 20/12/2021

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountants	Bew & Co	130 High Street, Marlborough, SN8 1LZ

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Memorandum & Articles of Association Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Nominated by a Trustee and voted on by the current Trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

TAR

March 2012

to provide a caring, nurturing and stimulating environment for our Members
to provide a hot cooked midday meal and beverages
to promote independence and health

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Successfully provided a caring, nurturing and stimulating environment for all Members
Provided healthy and well-balanced midday meals to all attending Members
• Provided a full Meals on Wheels service to our Members who were unable to attend the Centre
Provided entertainment (singers/speakers etc) and also activities for our Members to take part in

TAR

March 2012

Section E Financial review

Brief statement of the charity’s policy on reserves

The Charity aims to hold one year’s money in reserve, and this is successfully held on Deposit

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The principal source of funds for the year remained to be the local authority, but this funding has now been cut by 50% in the current year
the charity’s principal sources of funds (including any fundraising);
Funding for future years will be by direct fund raising from the local community
Due to the impact of COVID restrictions the Charity took the opportunity to redecorate the Centre, instal new furniture and replace some of the old kitchen appliances for more modern and energy efficient ones. This has improved the overall look and feel for the centre and the new appliances will help to keep cooking costs down
how expenditure has supported the key objectives of the charity;
investment policy and costs down objectives including any • Many of our Members have commented on how much nicer the
ethical investment policy Centre is now, and much more welcoming colour schemes
adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	Derek Snape	Signed electronically
	Derek Howard Snape
	Treasurer
	08/03/2023
	08/03/2023

TAR

March 2012

REGISTERED COMPANY NUMBER: 03771163 (England and Wales) REGISTERED CHARITY NUMBER: 1076048

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31st March 2022

for

The Jubilee Centre (Limited by Guarantee)

Bew & Co Limited Chartered Accountants 130 High Street Marlborough Wiltshire SN8 1LZ

The Jubilee Centre (Limited by Guarantee)

Contents of the Financial Statements for the Year Ended 31st March 2022

		Page
Report of the Trustees	1	to	2
Independent Examiner's Report		3
Statement of Financial Activities		4
Balance Sheet		5
Notes to the Financial Statements	6	to	10
Detailed Statement of Financial Activities		11

The Jubilee Centre (Limited by Guarantee)

Report of the Trustees for the Year Ended 31st March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The main objectives and aims of the charity are to provide Day Care facilities to the elderly of the Kennet district and also Drop-in facilities for the more able over-60s.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The trustees are pleased with the achievement of the charity activities for the period, despite the challenging operating conditions.

FINANCIAL REVIEW

Principal funding sources

The Jubilee Centre receives funding from a number of sources. During the current year we received core funding from Wiltshire County Council and The Community Foundation for Wiltshire and Swindon.

Overall the charity has experienced a good year and hopes it will continue to do so next year.

Reserves policy

The trustees would like to maintain reserves of three months running costs.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

New trustees are appointed at the AGM if necessary.

Related parties

There were no related party transactions to report.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

03771163 (England and Wales)

Registered Charity number

1076048

Registered office

28 High Street Marlborough Wiltshire SN8 1LW

Trustees

D H Snape Treasurer (appointed 22/12/2021) J A Kirk Wilson R R Hagerty (resigned 22/12/2021) Miss K F Watt Treasurer (resigned 22/12/2021) Mrs S A Wolfenden

Page 1

The Jubilee Centre (Limited by Guarantee)

Report of the Trustees for the Year Ended 31st March 2022

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Bew & Co Limited Chartered Accountants 130 High Street Marlborough Wiltshire SN8 1LZ

Approved by order of the board of trustees on 12th October 2022 and signed on its behalf by:

Mrs S A Wolfenden - Trustee

Page 2

Independent Examiner's Report to the Trustees of The Jubilee Centre

Independent examiner's report to the trustees of The Jubilee Centre ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A P King FCA Bew & Co Limited Chartered Accountants 130 High Street Marlborough Wiltshire SN8 1LZ

12th October 2022

Page 3

The Jubilee Centre (Limited by Guarantee)

Statement of Financial Activities for the Year Ended 31st March 2022

		31.3.22	31.3.21
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		7,718	2,745
Other trading activities	2	20,789	21,815
Investment income	3	3	12
Other income		50,500	24,855
Total		79,010	49,427
EXPENDITURE ON
Charitable activities
Centre activities
		63,771	30,259
NET INCOME		15,239	19,168
RECONCILIATION OF FUNDS
Total funds brought forward		56,660	37,492
TOTAL FUNDS CARRIED FORWARD		71,899	56,660

The notes form part of these financial statements

Page 4

The Jubilee Centre (Limited by Guarantee)

Balance Sheet 31st March 2022

		31.3.22	31.3.21
		Unrestricted	Total
		fund	funds
	Notes	£	£
CURRENT ASSETS
Debtors	8	186	867
Cash at bank		73,259	64,033
		73,445	64,900
CREDITORS
Amounts falling due within one year	9	(1,546)	(8,240)
NET CURRENT ASSETS		71,899	56,660
TOTAL ASSETS LESS CURRENT
LIABILITIES		71,899	56,660
NET ASSETS		71,899	56,660
FUNDS	10
Unrestricted funds		71,899	56,660
TOTAL FUNDS		71,899	56,660

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 12th October 2022 and were signed on its behalf by:

S A Wolfenden - Trustee

The notes form part of these financial statements

Page 5

The Jubilee Centre (Limited by Guarantee)

Notes to the Financial Statements for the Year Ended 31st March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
	31.3.22	31.3.21
	£	£
Day care	11,244	1,834
Drop in	2,774	-
Meals on wheels	6,771	19,981
	20,789	21,815

Page 6

continued...

The Jubilee Centre (Limited by Guarantee)

Notes to the Financial Statements - continued for the Year Ended 31st March 2022

3. INVESTMENT INCOME

INVESTMENT INCOME
	31.3.22	31.3.21
	£	£
Deposit account interest	3	12

NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	31.3.22	31.3.21
	£	£
Other operating leases	1,495	1,820

4. NET INCOME/(EXPENDITURE)

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

Manager Cook Support staff	31.3.22 1 1 3 5	31.3.21
		1 1 3 5

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted
	fund
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2,745
Other trading activities	21,815
Investment income	12
Other income	24,855
Total	49,427
EXPENDITURE ON
Charitable activities
Centre activities
	30,259

continued...

Page 7

The Jubilee Centre (Limited by Guarantee)

Notes to the Financial Statements - continued for the Year Ended 31st March 2022

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted
				fund
				£
	NET INCOME			19,168
	RECONCILIATION OF FUNDS
	Total funds brought forward			37,492
	TOTAL FUNDS CARRIED FORWARD			56,660
8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
			£	£
	Prepayments and accrued income		186	867

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
			£	£
	Trade creditors		-	(205)
	Other creditors		1,046	7,585
	Accrued expenses		500	860
			1,546	8,240
10.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.21	in funds	31.3.22
		£	£	£
	Unrestricted funds
	General fund	56,660	15,239	71,899
	TOTAL FUNDS	56,660	15,239	71,899
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		£	£	£
	Unrestricted funds
	General fund	79,010	(63,771)	15,239
	TOTAL FUNDS	79,010	(63,771)	15,239

continued...

Page 8

The Jubilee Centre (Limited by Guarantee)

Notes to the Financial Statements - continued for the Year Ended 31st March 2022

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

		Net
		movement	At
	At 1.4.20	in funds	31.3.21
	£	£	£
Unrestricted funds
General fund	37,492	19,168	56,660
TOTAL FUNDS	37,492	19,168	56,660

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	49,427	(30,259)	19,168
TOTAL FUNDS	49,427	(30,259)	19,168

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.4.20	in funds	31.3.22
	£	£	£
Unrestricted funds
General fund	37,492	34,407	71,899
TOTAL FUNDS	37,492	34,407	71,899

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	128,437	(94,030)	34,407
TOTAL FUNDS	128,437	(94,030)	34,407

continued...

Page 9

The Jubilee Centre (Limited by Guarantee)

Notes to the Financial Statements - continued for the Year Ended 31st March 2022

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2022.

Page 10

The Jubilee Centre (Limited by Guarantee)

Detailed Statement of Financial Activities for the Year Ended 31st March 2022

	31.3.22	31.3.21
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	7,718	2,745
Other trading activities
Day care	11,244	1,834
Drop in	2,774	-
Meals on wheels	6,771	19,981
	20,789	21,815
Investment income
Deposit account interest	3	12
Other income
Core funding	50,500	24,855
Total incoming resources	79,010	49,427
EXPENDITURE
Charitable activities
Wages	39,978	15,155
Pensions	1,100	403
Transport	8,560	2,390
Food costs	4,057	1,272
Members outings	-	595
	53,695	19,815
Support costs
Management
Other operating leases	1,495	1,820
Insurance	1,330	1,023
Light and heat	2,125	1,533
General running costs	1,778	6,566
Accountancy	1,486	1,152
Repairs and renewals	1,862	(1,650)
	10,076	10,444
Total resources expended	63,771	30,259
Net income	15,239	19,168

This page does not form part of the statutory financial statements

Page 11

The Jubilee Centre

Charity No 1076048

Independent Examiners Report to the Trustees of the Jubilee Centre

Please refer to Page 3 of the Annual Accounts for the year ended 31[st] March 2022