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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03513035 (England and Wales) REGISTERED CHARITY NUMBER: 1076840

TRUSTEES' REPORT AND

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

WESLEY HALL COMMUNITY CENTRE LTD

Sturgess Hutchinson (Leicester) Limited Chartered Certified Accountants

& Registered Auditors 21 New Walk Leicester LE1 6TE

WESLEY HALL COMMUNITY CENTRE LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Reference and Administrative Details 1
Trustees' Report 2 to 6
Report of the Independent Auditors 7 to 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

WESLEY HALL COMMUNITY CENTRE LTD REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2022

Trustees S J Etheridge
O S Fortune (resigned 24/11/2021)
M V Chambers Bromwell
K Faller
L V Wallace (resigned 24/11/2021)
M J Kreusel
M Z Vania
S Sehmi (appointed 8/9/2021)
V Umrao
S Ahmad
J De Young (appointed 24/11/2021)
A M R Ismail (appointed 24/5/2021)
I Selvanyagam (appointed 24/11/2021)
S M Thompson (appointed 24/11/2021)
Registered office 76 Hartington Road
Leicester
LE2 0GN
Registered company number 03513035 (England and Wales)
Registered charity number 1076840
Independent auditors Sturgess Hutchinson (Leicester) Limited
Chartered Certified Accountants
& Registered Auditors
21 New Walk
Leicester
LE1 6TE

1

WESLEY HALL COMMUNITY CENTRE LTD

TRUSTEES' REPORT FOR THE YEAR ENDED 31 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 31 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

Policies and objectives

The purpose of Wesley Hall Community Centre is to strive to meet the needs of the local community by facilitating the education, cultural and social development of individuals and community groups, within the principle of equal opportunities.

The objects of the charity are:

To further or benefit the residents of Wycliffe and Spinney Hill wards and neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

To establish or secure the establishment of a Community Centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a Centre for activities promoted by the charity in furtherance of the above objects.

To develop the capacity and skills of the members of the socially and economically disadvantaged community of Leicester in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society, particularly through supporting good physical and mental health and well-being.

To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

In setting the aims of the charity and planning our activities the Trustees have given consideration to the Charity Commission's guidance on public benefit.

Strategies for achieving objectives

To provide early year services starting with antenatal and postnatal classes, parent and toddler sessions, various baby group activities and a Pre-School for 2 to 4 year olds.

Services for young people are provided through student work placements volunteering at the Pre-School and holiday play schemes, and through sports, study and creative activities.

Adult services include education classes, general adult services, elder lunch activities, art and craft, cooking, seated exercise, healthy eating and a day centre for people who have mental health difficulties.

2

WESLEY HALL COMMUNITY CENTRE LTD

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

Achievement and performance

Charitable activities

Wesley Hall Community Centre has continued to work tirelessly helping our community people. Covid and lockdown was an ongoing theme that affected the country, but has had a particularly adverse impact on the communities served by the charity. Our centre which helps people to come together, engage, connect, socialise, share, continued to adapt and respond. Careful risk assessments and the fact that we have large, well-ventilated halls and premises, enabled us to begin to accommodate groups and activities while many other venues and services remained closed.

The Centre managed well financially during this challenging period of Covid-19 restrictions. Although we lost all Centre-based rental income, we were very successful in securing covid support grants and project funding to enable us to continually adapt and expand our programme of activities to meet identified need and outcomes.

Our emergency food aid continued through our Food Bank and through the distribution of food parcels to residents who were still either shielding or self-isolating in the local area. We provided food parcels and hot meals to more than 2500 families during the pandemic. The stories of hardship, both socially and financially, have been difficult to hear but the amount of good will and kindness we have also witnessed is heartening. It has brought communities together in ways that will see long lasting benefits once all of this has passed. All this was only possible with the support of the volunteers who have truly dedicated their time to the vital support work that has been done in the last months.

We have continued to be successful in securing grants to offer this support as the effects of the pandemic extended throughout the year. We secured funding through the Positive Communities government funding, via the Local Authority, which brought together twelve city charities, ensuring that support was there for families and individuals as we came out of lockdown.

As a result of this work, our strategic relationships with local partners, statutory organisations, local councillors and the local community have improved immensely. Our skills and innovation have also been recognised and applauded and this work puts us in a very strong position in the coming year to investigate further the needs of our communities and gain evidence of what is required of us as neighbourhoods are able to return to normal.

We were able to replace our minibus and replace furniture.

We secured a three year grant from the National Lottery Reaching Communities fund, to develop and deliver a wide-ranging Under 5s programme. Called Start Strong, this will help families to give their children the best start, from pregnancy onwards, with a focus on helping develop speech, language and communication skills, and supporting infant and parental mental health.

Wesley Hall Community Centre Pre-school, in common with other nursery settings, has been through a difficult year with the coronavirus pandemic affecting us in many different aspects, from having fewer children attending our setting to putting in place robust cleaning and hygiene practices, risk assessments to ensure the risks of the virus spreading were and still are minimised and putting other safety measures in place.

The Pre-school continues to provide funded early education nursery grants for two, three and four year old children. We support a growing number of children who speak English as an additional language and offer places for children with special educational needs or disabilities.

Our aims continue to be to bring the local children together in our safe stimulating learning environment so the children can enjoy a wide range of learning experiences.

Our Key person system and warm family atmosphere has helped us to ensure that the children settled well and built strong positive relationships with each other and the staff which helped the children feel safe and secure, they have enjoyed a good balance of adult-initiated and child-led activities, they are also able to independently access a variety of resources.

We aim to offer the children a good level of individual support by us having students on placement throughout the year from various colleges and schools. The student are given a thorough induction to make this process a success.

The staff team assess children's progress regularly, for us to identify any gaps in their learning. We plan each child's next steps in learning, using their observations, assessments, and information from parents/careers.As a result, the children are well prepared for their next stages in their learning.

3

WESLEY HALL COMMUNITY CENTRE LTD

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

Financial review

Result for the year

The Centre managed well financially during this challenging period of Covid-19 restrictions. Although initially we lost all Centre-based rental income because of the Covid pandemic, we were very successful in securing covid support grants and project funding to enable us to continually adapt and expand our programme of activities to meet identified need and outcomes.

An overall surplus of £94,619 was achieved during the year (2021 - £35,681).This figure includes the balance of the project "Reaching Communities - Under 5s" of £33,505. It also included £26,081 from "Power to change", related to the minibus which is capitalised over a period of 4 years, and some other smaller figures.

Further income can be attributed to income from hall / room hire. A sizable proportion of this is connected to projects and embedded in funding.

Reserves policy

Restricted Funds

The balance of £62,294 remaining on Restricted Funds as at 31 March 2022 represents the net book value of fixed assets purchased with these funds together with any unexpended amounts.

Unrestricted Funds

The balance of £214,596 in respect of Unrestricted Funds represents the amounts retained from past activities. It includes reserves (£32,826) and accumulated funds (£197,848) from the former "Life Long Income" (the time when Leicester City Council was funding parts of WHCC). This has been phased out completely, and the accumulated funds are intended to be used for establishing self-sufficiency.

Negative balances are noted as -£17,574 for the Day Centre and -£20,514 for the Pre-School.

The positive balance is accumulated so as to be available for use when circumstances require. It is anticipated that we will want to invest in our organisation dynamically to move it into a stronger culture.The trustees are working on plans for the loss-making entities.

The trustees have also reviewed the traditional three departments structure (Neighbourhood Services, Day Centre and Pre-School) as some of the big projects (e.g. "Reaching Communities) can't be clearly and fully allocated to any of the traditional departments in terms of the content of the projects. However, each programme is at least partly connected to one of the departments in terms of the involvement in the funding application and subsequent administration.

Future developments

We are planning to focus on more educational activities for the local community, empowering them to develop new skills. Also we are aiming to make the local community aware of health and wellbeing by providing more physical and nutritional activities. To ensure that community facilities are accessible and well-related to the locality and to ensure that our timings enable maximum flexibility for the use by our community groups. We are encouraging residents and community groups to give their views and opinions on the development of the centre. We are applying for funding to support the running costs and also to introduce new activities in the centre.

The Day Centre will continue to run and finance itself through individual payments from the members. The Day Centre manager is also looking for funding sources to bridge the gap between actual income and the running costs for the next 12 months and staff will be doing outreach work to recruit new referrals.

Structure, governance and management

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 18 February 1998 and registered as a charity on 2 August 1999. The charity is governed by its Memorandum and Articles of Association. Every person who is a member of the company agrees to contribute an amount not exceeding £1 in the event of the charity being wound up.

Recruitment and appointment of new trustees

Trustees are recruited from the membership. All members are circulated with invitations to nominate Trustees prior to the Annual General Meeting, advising them of retiring Trustees and seeking nominations at the Annual General Meeting.

At every AGM one third of the Trustees (of oldest standing) retire. Where there are Trustees who have been in office for the same length of time then, in the absence of agreement, those to retire shall be selected by lot. Retiring Trustees shall be eligible for further election.

4

WESLEY HALL COMMUNITY CENTRE LTD

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

Structure, governance and management

Organisational structure and decision making

The Board of Trustees meet at least 6 times a year to despatch the business of Wesley Hall Community Centre.

Decisions are made on the basis of a majority of votes. The quorum for decision-making is 7. The Chair of Trustees presides at all meetings. Accurate records of meetings are kept and are open for inspection by any person authorised by the company to do so. The Trustees delegate their powers to sub-committees as necessary.

The Board complies with their obligations under the Charities Act 2011 to provide an annual Report and Audited Accounts. The Board delegates the day to day responsibilities of running the Charity to the Centre Managers who report to the Board. The Trustees have delegated to the Management Team authority to manage finances, recruitment and employment of staff, the protection of children and vulnerable adults, the responsibilities expected by Ofsted for the welfare and education of children, the Health and Safety of all staff and service users and the timely and accurate dissemination of information to appropriate persons.

Induction and training of new trustees

New Trustees receive an induction, which involves them learning about their responsibilities according to the Memorandum and Articles of Association and their legal obligations according to charity and company law. They are introduced to the decision-making and information sharing processes. They receive the latest financial accounts and the business plan. They receive reports of the organisation for the previous year. They are introduced to the Chair of Trustees and Centre Managers.

Risk management

The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems, policies and procedures are in place to mitigate exposure to the major risks.

Risk management comprises regular reports to the Board of Trustees, alerting them to specific issues that may become problematic if not correctly managed.

Risks are identified by Centre managers through these channels:

The old Victorian buildings have been repaired extensively. The boiler and the pipes were replaced but for the future, priorities are repairs to large roof elevations to the back of the buildings.

Trustees' responsibility statement

The trustees (who are also the directors of Wesley Hall Community Centre Ltd for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

5

WESLEY HALL COMMUNITY CENTRE LTD

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

Trustees' responsibility statement - continued

In so far as the trustees are aware:

Auditors

The auditors, Sturgess Hutchinson (Leicester) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 16 November 2022 and signed on its behalf by:

S J Etheridge - Trustee

6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WESLEY HALL COMMUNITY CENTRE LTD

Opinion

We have audited the financial statements of Wesley Hall Community Centre Ltd (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF WESLEY HALL COMMUNITY CENTRE LTD

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by inquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management.

We gained an understanding of the legal and regulatory framework applicable to the Charity and the sector in which it operates, drawing on our broad experience, and considered the risk of acts by the Charity that were contrary to these laws and regulations, including fraud.

We focused on laws and regulations that could give rise to material misstatement in the financial statements, including, but not limited to, the Charities Act 2011and the Charities (Protection and Social Investment) Act 2016. We made enquiries of management with regard to compliance with these laws and regulations and corroborated any necessary evidence to relevant information.

Our tests included agreeing the financial statements disclosures to underlying supporting documentation and enquiries with management.

We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits we also addressed the risk of management override of internal controls including testing journals and evaluation whether there was evidence of bias by the Trustees that represented a risk of material misstatement due to fraud.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Sturgess Hutchinson (Leicester) Limited Chartered Certified Accountants & Registered Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 21 New Walk Leicester LE1 6TE

16 November 2022

8

WESLEY HALL COMMUNITY CENTRE LTD

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
funds
Notes
£
Income and endowments from
Donations and legacies
32,938
Charitable activities
Day centre
16,049
Pre School NEG fees receivable
50,612
Pre School parent fees receivable
7,616
Day Centre contributions and sales
8
Elders Lunch Club
1,169
Hire of premises and other income
163,348
Investment income
2
2
Total
271,742
Expenditure on
Charitable activities
Payroll costs
135,965
Premises costs
30,766
Activities and other direct costs
15,767
Support costs - payroll
32,057
Support costs - postage, telephone and
stationery
2,514
Support costs - other
7,464
Total
224,533
NET INCOME
47,209
Reconciliation of funds
Total funds brought forward
167,387
Total funds carried forward
214,596		 Restricted
funds
£
169,330
-
-
-
-
-
-
4
169,334
36,817
14,393
41,812
15,563
1,365
11,974
121,924
47,410
14,884
62,294		 2022
Total
funds
£
202,268
16,049
50,612
7,616
8
1,169
163,348
6
441,076
172,782
45,159
57,579
47,620
3,879
19,438
346,457
94,619
182,271
276,890		 2021
Total
funds
£
328,865
6,055
62,809
2,278
35
169
28,862
27
429,100
201,538
55,939
78,302
33,329
11,615
12,696
393,419
35,681
146,590
182,271

The notes form part of these financial statements

9

WESLEY HALL COMMUNITY CENTRE LTD (REGISTERED NUMBER: 03513035)

BALANCE SHEET 31 MARCH 2022

Notes
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Prepayments and accrued income
Cash at bank and in hand
Creditors
Amounts falling due within one year
9
Net current assets
Total assets less current liabilities
NET ASSETS
Funds
12
Unrestricted funds
Restricted funds
Total funds		 2022
£
26,081
1,560
7,342
284,374
293,276
(42,467)
250,809
276,890
276,890
214,600
62,290
276,890		 2021
£
711
-
10,345
233,731
244,076
(62,516)
181,560
182,271
182,271
167,387
14,884
182,271

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

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

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 16 November 2022 and were signed on its behalf by:

S J Etheridge - Trustee

M J Kreusel - Trustee

The notes form part of these financial statements

10

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on cost Motor vehicles - 25% on cost

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. Investment income

Deposit account interest

2022 2021 £ £ 6 27

11

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

2022 2021
£ £
Depreciation - owned assets 6,730 3,175
Other operating leases 27,570 39,015

4. Trustees' remuneration and benefits

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

Trustees' expenses

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

5. Staff costs

Wages and salaries
Social security costs
Other pension costs		 2022
£
211,589
2,288
6,525
220,402		 2021
£
220,321
7,317
7,229
234,867

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

Administration
Day Centre
Pre School
Under 5s		 2022
8
2
4
1
15		 2021
8
3
3
-
14

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

6. Comparatives for the statement of financial activities

Unrestricted
funds
£
Income and endowments from
Donations and legacies
75,813
Charitable activities
Day centre
6,055
Pre School NEG fees receivable
62,809
Pre School parent fees receivable
2,278
Day Centre contributions and sales
35
Elders Lunch Club
169
Hire of premises and other income
28,862
Investment income
21
Total
176,042
Expenditure on
Charitable activities
Payroll costs
108,155
Premises costs
15,659		 Restricted
funds
£
253,052
-
-
-
-
-
-
6
253,058
93,383
40,280		 Total
funds
£
328,865
6,055
62,809
2,278
35
169
28,862
27
429,100
201,538
55,939

12

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

6.
Comparatives for the statement of financial activities - continued
Unrestricted
funds
£
Activities and other direct costs
1,212
Support costs - payroll
3,476
Support costs - postage, telephone and
stationery
657
Support costs - other
4,736
Total
133,895
NET INCOME/(EXPENDITURE)
42,147
Reconciliation of funds
Total funds brought forward
125,238
Total funds carried forward
167,385
7.
Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 April 2021
88,436
Additions
-
At 31 March 2022
88,436
Depreciation
At 1 April 2021
87,725
Charge for year
711
At 31 March 2022
88,436
Net book value
At 31 March 2022
-
At 31 March 2021
711
8.
Debtors: amounts falling due within one year
Trade debtors		 Restricted
Total
funds
funds
£
£
77,090
78,302
29,853
33,329
10,958
11,615
7,960
12,696
259,524
393,419
(6,466)
35,681
21,352
146,590
14,886
182,271
Motor
vehicles
Totals
£
£
-
88,436
32,100
32,100
32,100
120,536
-
87,725
6,019
6,730
6,019
94,455
26,081
26,081
-
711
2022
2021
£
£
1,560
-

13

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

9. Creditors: amounts falling due within one year

Social security and other taxes
Other creditors
Accruals and deferred income		 2022
£
(1,207)
1,500
42,174
42,467		 2021
£
4,115
1,501
56,900
62,516

10. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
Analysis of net assets between funds
Unrestricted
funds
£
Fixed assets
-
Current assets
244,067
Current liabilities
(29,467)
214,600
Movement in funds
Unrestricted funds
General Fund
Life Long Income (Booking and Activities)
Day Centre
Minibus replacement
Pre School
Friday Elders Lunch Club
Restricted funds
Power to Change
Voluntary Action Leicester Safe Community
Fund
Leicester, Leicestershire & Rutland 3i
New Hastings Fund
Safe Community Fund
Reaching Communities Under 5s
TOTAL FUNDS		 Restricted
funds
£
26,081
49,209
(13,000)
62,290
At 1.4.21
£
32,826
133,441
(17,684)
22,000
(3,196)
-
167,387
-
2,775
12,109
-
-
-
14,884
182,271		 2022
£
21,250
-
21,250
2022
Total
funds
£
26,081
293,276
(42,467)
276,890
Net
movement
in funds
£
-
64,407
110
-
(17,318)
14
47,213
26,081
(2,775)
(12,109)
1,067
1,637
33,505
47,406
94,619		 2021
£
-
42,500
42,500
2021
Total
funds
£
711
244,076
(62,516)
182,271
At
31.3.22
£
32,826
197,848
(17,574)
22,000
(20,514)
14
214,600
26,081
-
-
1,067
1,637
33,505
62,290
276,890

11.

12. Movement in funds

14

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. Movement in funds - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Life Long Income (Booking and Activities)
Day Centre
Pre School
Friday Elders Lunch Club
Restricted funds
Power to Change
Voluntary Action Leicester Safe Community
Fund
Leicester, Leicestershire & Rutland 3i
New Hastings Fund
Safe Community Fund
Together Leicester Food Pantry
Reaching Communities Under 5s
Action Homeless
Positive Community Fund
Awards For All
BBC Children in Need Year 3
Voice 4 Change Grant
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General Fund
Life Long Income (Booking and Activities)
Day Centre
Minibus replacement
Pre School
Friday Elders Lunch Club
Restricted funds
Carlton Hayes Fund
Women's Exercise Fund
Police and Crime Fund
BBC Children in Need Year 1
Carlton Hayes Fund for Mental Health
Services Subsidy
Voluntary Action Leicester Safe Community
Fund
Leicester, Leicestershire & Rutland 3i
TOTAL FUNDS		 At 1.4.20
£
32,826
91,087
(11,696)
22,000
(5,519)
(3,460)
125,238
1,677
500
5,519
4,907
8,749
-
-
21,352
146,590		 Incoming
resources
£
186,972
20,011
63,590
1,169
271,742
40,000
-
-
2,000
4,881
10,000
50,251
10,000
24,172
9,950
9,486
8,594
169,334
441,076
Net
movement
in funds
£
-
45,814
(5,988)
-
2,323
-
42,149
(1,677)
(500)
(5,519)
(4,907)
(8,749)
2,775
12,109
(6,468)
35,681		 Resources
Movement
expended
in funds
£
£
(122,565)
64,407
(19,901)
110
(80,908)
(17,318)
(1,155)
14
(224,529)
47,213
(13,919)
26,081
(2,775)
(2,775)
(12,109)
(12,109)
(933)
1,067
(3,244)
1,637
(10,000)
-
(16,746)
33,505
(10,000)
-
(24,172)
-
(9,950)
-
(9,486)
-
(8,594)
-
(121,928)
47,406
(346,457)
94,619
Transfers
between
At
funds
31.3.21
£
£
-
32,826
(3,460)
133,441
-
(17,684)
-
22,000
-
(3,196)
3,460
-
-
167,387
-
-
-
-
-
-
-
-
-
-
-
2,775
-
12,109
-
14,884
-
182,271

15

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. Movement in funds - continued

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

Unrestricted funds
Life Long Income (Booking and Activities)
Day Centre
Pre School
Restricted funds
LCC Neighbourhood Services
Carlton Hayes Fund
Women's Exercise Fund
Police and Crime Fund
BBC Children in Need Year 1
Carlton Hayes Fund for Mental Health
Services Subsidy
Leicestershire Rutland Fund 1
Hastings Fund
BBC Children in Need Year 2
National Lottery Fund
BBC Booster
Leicestershire Rutland Fund 2
New Normal Fund
Voluntary Action Leicester Safe Community
Fund
BBC Next Steps
Leicester, Leicestershire & Rutland 3i
TOTAL FUNDS		 Incoming
resources
£
49,737
30,310
95,995
176,042
90,934
-
-
-
-
-
4,730
6,001
9,485
46,892
3,500
9,800
9,800
4,950
54,115
12,851
253,058
429,100		 Resources
Movement
expended
in funds
£
£
(3,923)
45,814
(36,298)
(5,988)
(93,672)
2,323
(133,893)
42,149
(90,934)
-
(1,677)
(1,677)
(500)
(500)
(5,519)
(5,519)
(4,907)
(4,907)
(8,749)
(8,749)
(4,730)
-
(6,001)
-
(9,485)
-
(46,892)
-
(3,500)
-
(9,800)
-
(9,800)
-
(2,175)
2,775
(54,115)
-
(742)
12,109
(259,526)
(6,468)
(393,419)
35,681

Designated funds

The balance of net income from the bookings and life long services, generated since 1 April 2017, has been approved by the Trustees as a designated fund to cover the shortfall in funding for Neighbourhood Services.

The Day Centre is an independent service which gains funding through direct payments and self-funders.

The losses arising on the Day Centre, Pre School and Friday Elders Lunch Club are to be carried forward to next year.

Restricted funds

Neighbourhood Services funding is received from Leicester City Council.

Carlton Hayes Fund - grant provided for services for people with mental health difficulties.

Women's Exercise Fund - Wycliffe Ward grant to provide exercise classes for women in the local community.

Police and Crime Fund - grant to provide a youth club for young people.

BBC Children in Need Year 1 - homework club for local children.

Carlton Hayes Mental Health Services Fund - grant to provide a subsidy for people with mental health difficulties attending the Day Centre.

Leicestershire and Rutland Fund 1 - grant to provide food parcels, aerobics, keep fit sessions and coffee mornings.

Hastings Direct Fund - grant to provide food parcels, elders lunches and virtual classes for children and adults.

16

WESLEY HALL COMMUNITY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

12. Movement in funds - continued

BBC Children in Need Year 2 - Saturday homework club for children.

National Lottery - support in the community for food, baby activities, children's activities, virtual talks and mindfulness sessions.

BBC Booster - grant for a food bank and craft activities for children.

Leicestershire and Rutland Fund 2 - grant to provide food parcels, lunches and virtual classes

Power to change - capital grant to replace the minibus and office tables and chairs.

New Normal Fund - community engagement, happiness workshop, men's and family sport activities.

Voluntary Action Leicester Safe Community Fund - community awareness, elders music sessions, community engagement, Zumba and aerobics sessions.

BBC Next Steps - cooking and baking sessions, music, creative activities for children including craft materials and online dance sessions.

Leicestershire and Rutland 3i Covid 19 Fund - grant for providing hot lunches to elders.

New Hastings Fund - gardening and improvement activities

Safe Community Fund - community engagement activities

Together Leicester Food Pantry - food parcel for the local community

Reaching Communities Under 5s - project for children under the age of 5 provided by the National Lottery

Action Homeless - grant to provide food parcels

Art Council Grants - art projects such as dance and music

Positive Community Fund - activities for the disabled and community including exercise classes

Awards for All - activities for elderly and disabled people and the provision of food parcels

BBC children in Need Year 3 - Saturday homework club

Voice 4 Change Grant - youth classes

Greggs Foundation Funding - grant to cover staff costs for the food pantry

13. Related party disclosures

M Chambers, K Faller and I Selvanyagam (trustees) are also members of the council of the Wesley Hall Methodist Church. During the year Wesley Hall Methodist Church charged Wesley Hall Community Centre £30,780 (2021 - £30,100) for rent, licence, gas and electricity in respect of the use of the community centre property.

To avoid any potential conflict of interest the trustees exclude themselves from any meetings at the Wesley Hall Methodist Church where grants to the Wesley Hall Community Centre are being considered.

17

WESLEY HALL COMMUNITY CENTRE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Income and endowments
Donations and legacies
LCC Community Services (formerly Lifelong
Learning)
Donations
BBC Children in Need
BBC Children in Need Year 2
National Lottery Covid 19
BBC Children's Booster Fund
Leicestershire Rutland 2
Hasting Fund
Western Power Distribution
VAL Safe Communities Fund
New Normal Fund
Discretionary Grant for Rent
Power to Change Fund
BBC Children Next Steps
LLR 3i Covid 19 Fund
Leicestershire Rutland 1
Covid Job Retention Scheme
New Hastings
Safe Community Fund
Together Leicester Food Pantry
Community Under 5s
Action Homeless
Positive Community Fund
Awards For All
BBC Children in Need Yr 3
Voice 4 Change Grant
Kickstart scheme
Investment income
Deposit account interest
Charitable activities
Pre School NEG fees receivable
Pre school parent fees receivable
Day Centre contributions and sales
Day Centre
Elders Lunch Club
Hire of premises and other income
Total incoming resources
Expenditure
Charitable activities
Wages
Social security
Pensions
Other operating leases
Rates and water
Carried forward		 2022
£
-
-
-
-
-
-
-
-
-
(1)
-
13,525
40,000
-
(1)
-
11,055
2,000
4,880
10,000
50,250
10,000
24,172
9,950
9,485
8,595
8,358
202,268
6
50,612
7,616
8
16,049
1,169
163,348
238,802
441,076
180,014
2,288
6,525
27,570
-
216,397		 2021
£
76,100
500
(1)
9,485
46,890
3,500
9,800
6,000
750
4,950
9,800
24,251
-
54,115
12,850
4,730
65,145
-
-
-
-
-
-
-
-
-
-
328,865
27
62,809
2,278
35
6,055
169
28,862
100,208
429,100
186,992
7,317
7,229
39,015
103
240,656

This page does not form part of the statutory financial statements

18

WESLEY HALL COMMUNITY CENTRE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Charitable activities
Brought forward
Insurance
Light and heat
Repairs and renewals
Cleaning
Voluntary expenses
Activities
Catering
Support costs
Management
Wages
Telephone
Postage and stationery
Sundries
Motor and travel expenses
Bank charges
Computer costs
Staff training and recruitment
Accountancy
Depreciation of tangible and heritage assets
Total resources expended
Net income		 2022
£
216,397
2,124
9,683
5,030
752
3,328
52,739
1,512
291,565
31,575
2,753
1,126
5,612
-
674
-
3,122
3,300
6,730
54,892
346,457
94,619		 2021
£
240,656
4,038
8,850
1,070
3,633
12,257
58,342
6,236
335,082
33,329
2,615
1,175
3,908
1,283
655
7,825
1,071
3,300
3,176
58,337
393,419
35,681

This page does not form part of the statutory financial statements

19