REGISTERED COMPANY NUMBER: 03559906 (England and Wales) REGISTERED CHARITY NUMBER: 1076909 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 FOR PLArr BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED *ACUUM4YQ' 2110212025 COMPANIES HOUSE A4
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Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
PLATT BRIDGE COMMUNITY CENTRE (WIGAIY) LIMITED CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 May 2024 P8ge Report of the Trustees Independen¢ Examlner's Report Statement of Fingncial Aclivities Balance Sheet Notes to the Finanelal Statements 7 to 12 Detailed Statement of Financial Activities 13
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED REPORT OFTHE TRUSTEES for the year ended 31 May 2024 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 May 2024. The trustees have adopted the provisions of Accounting and Reporting by Charilies.. 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 l January 2019). OBJECTIVES AND ACTIVITIES Objectives and Activities The principal activity of Ihe company in the year under review was the provision of benefiis for ihe inhabitants of Platt Bridge. Wigan and the Suound1ng area. wiihout distinction of sex, religion or political or other opinions, by association wilh local authorilies. voluntary organisations and local inhabilants. The Charity promotes advancemenl of education for public benefit, by providing advice and guidance upon quesiions of housing, social welfare benefits, unemployment, health and related topics, in particular the education and training of young people and adults, to equip them for employment. The Charity also provides fa¢ilities for recrearion and leisure, thus improving the conditions of life of persons who have need of such facilitie5. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what a¢iivities the organisation should undertake. ACHIEVEMENT AND PERFORMANCE Achievements and Performance The aim of Ihe Charity has also been lo promole any Charitable purpose that will benefit the local community. through advancemenl of education and the provision of social and recreational faci lities. for all age groups. From the introduction of the new Directors and Trustees on 11112023 the need lo utilise Ihe centre with additional activities was evident. Due lo the hard work, mainly by the new chairperson Sue Hughes, we have managed to attract several new users to ihe centre. On Sundays we now have a church group who run weekly services as well as infant football coaching sessions. Short Mai Bowls has been introduced on Tuesdays, Friends of Families after school club and Baby Sensory on Wednesdays, Foster Care meetings on Thursdays and Cook Club on Fridays with regular warm spaces offered to local residents on a weekly basis. We have also maintained our main user base and are now running at capacity. We are grnteI lo all the centre users for their financial support during the year. The irustees recoJcr ise thai (he success of the Community Centre depends on the dedication of the trustees and the help of our many volunteers. Their efforts are greatly appreciated. FINANCIAL REVIEW Financial Review It is the policy of the organisation that unrestricted funds, which have not been designated for a specific use, should be mainlained ai a level equivalent to around three to six month's expendifure. The trustees consider that reserves at this level will ensure that, In the evenl of a significant drop in funding. they will be able to continue the organisation's current activilies while consideration is given to ways which additional funds may be rnised. This level of reserves has been maintained throughout Ihe year. The trustees have assessed the major risks to which the organisation is exposed and are satisfied that systems are in place to mitigate exposure to major risks. 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 Acl 2006. The organisaiion is a company limited by guarantee, incorporated on 8 May 1998 and registered as a Charity on 5 August 1999. The company was eslablished under a memorandum of association which established the objectives and powers of the charitsble company and is governed under articles of association. REFERENCE AND ADMINISTRATIVE DETAII Registered Company number 03559906 (England and Wales) Page I
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED REPORT OF THE TRUSTEES for the year ended 31 May 2024 Registered Charily number 1076909 Reglstered 01¢¢ Viaoria Street Platt Bridge Wigan Lancashire WN2 SAH Trustees P W Dawson Director (resigned 1.3.24) Ms S Hughes Direcior Councillor N Rehman Director Councillor E Smethursl N Smith Director Company Secretary Ms S Hughes Independent Examiner A J Wardle FCA Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ Approved by order of the board of rrustees on 7 February 2025 and signed on its behalf by:. N Smith - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED Independenl examiner's report to the trustees of Platt Brldge Community Centre (Wigan) Llmited ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024. Responsibililies and basis of report As Ihe charity's trustees of the Company (and also it5 directors for the putposes 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 Ihal Ihe accounts of ihe Company are nol 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 201 l ACY). In carrying out my examination I have followed the Direclions given by the Charity Commission under Section 145(5) (b) of the 201 l Act. ndependent examiner's Statemenl I have completed my examination. l ¢onfimi that no matters have come to my attention in connection with the examination giving me cause to believe: accounling records were not kept in respect of the Company as required by Section 386 of the 2006 Acl. or Ihe accounts do not accord wilh those records. or the accounts do nol comply with the accounting requirements of Seclion 396 of the 2006 Act other than any requiremenl 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 noi been prepared in accordance with the meihods and principles of the Slalement of Recommended Praclice for accounting and reporting by charilies (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 marters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounls to be rea¢hed. A J Wardle FCA The Institute of Chartered Accountants in England and Wales Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ 7 February 2025 Pag¢ 3
PLATh BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 May 2024 2024 Total funds 2023 Total funds Unresrricted fund Restricied fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 5,014 5,014 6,581 her trading activities Investmen( income Other income 24,585 489 24,585 489 12,504 113 444 Total 30,088 30,088 19,642 EXPENDITURE ON Raisin8' funds 19,753 19,753 18,562 Other 544 546 1,200 Tolal 20,297 20,299 19,762 NET INCOMEI{EXPENDITURE) 9.791 (2) 9,789 (120) RECONCILIATION OF FUNDS Total funds brought forward 36,963 36,970 37,090 TOTAL FUNDS CARRIED FORWARD 46,754 46,759 36.970 The notes fomi part of these financial statements Page 4
PLATh BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED BALANCE SHEET 31 May 2024 2024 Total nds 2023 Tothl nds Unrestricted fund Restricted fund Note5 FIXED ASSETS Tangible assets 2,179 2,184 2,730 CURRENT ASSETS Debtors Cash at bank and in hand 2,679 53,364 2,679 53,364 601 46,671 56,043 56,043 47.272 CREDITORS Amounts falling due within one year 10 (11,468) (11,468) (13,032) NET CURRENT ASSETS 44,575 44,575 34,240 TOTAL ASSETS LESS CURRENT LIABILITIES 46,754 46,759 36.970 NET ASSETS 46,754 46,759 36,970 FUNDS Unrestricted fijnds Restricted funds 46,754 36,963 TOTAL FUNDS 46,759 36,970 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024. The members have not required ihe company to obtain an audit of its financial statements for the year ended 31 May 2024 in a¢¢ordan¢e with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibil ities for (a) ensuring that the charitable company keeps accounting records thai comply wilh Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of ihe chariiable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with ihe requirements of Sections 394 and 395 and which otherwise comply wilh the requiremenls of the Companies Act 2006 relaling io financial statements, so far as applicable to the charitable company. (b) The notes fom part of these financial statements Page 5 continued...
PLATh BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED BALANCE SHEET- continued 31 May 2024 These financial statements have been prepared in accordance with the provisions applicable to charitsble companies subject to the small companies regime. The financial Sttiements were approved by the Board of Trustees and auihorised for issue on 7 February 2025 and were signed on its behalf by: N Smith - Trustee The notes fom part of these financial statements Page 6
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 May 2024 ACCOUNTING POLICIES Basis of preparing the financial statemenls The financial statements of the charitable company, which is a public benefil enltty under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102) (effec(ive l 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. Exptndlture Liabilities are recognised as expenditure as soon as Ihere is a legal or constructive obligation committing ihe harity to that expenditure, it is probable that a transfer of economic benefils will be required in settlement and the amount of ihe obligarion can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregaie all cost related lo the category. Where cost5 Cannot be directly allribuied to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed 8ssets Depreciation is provided at the following annual rates in order to write off each asset over irs estimated useful life. Improvements to property Fixtures and firtings 200/0 on reducing balance 200/0 on reducing balance Taxation The charity is exempt from ¢oTroration tax on its charitable activities. Fund gccounting 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 Ihe donor or when funds are rnised for particular restrict¢d purposes. Further explanation of the nature and purpose of each fund is included in the notes lo the financial statements. OTHER TRADING ACTIVITIES 2024 2023 Trdding activities 24,585 12,504 Page 7 continued...
PLATT BRIDGE COMMUNITY CENTRE (WICAN) LIMITED NOTES TO THE FINANCIAL STATEMENTS- Continued for lhe year ended 31 M8y 2024 INVESTMENT INCOME 2024 2023 Deposit account interest 489 RAISING FUNDS Raising donations and legacies 2024 2023 Support costs 19,753 18,562 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingJ(creditin8)'. 2024 2023 Depreciation - owned assets 546 684 TRUSTEES, REMUNERATION AND BENEFITS Ther¢ were no trustees, remunernlion or oiher benefits for the year ended 31 May 2024 nor for Ihe year ended 31 May2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME AND E]YDOWMENTS FROM Donations and legacies 0,581 6,581 Other trading activities Investment income Other income 12,504 113 444 12.504 113 444 Totsl 19,642 19,642 EXPENDITURE ON Raising funds 18,562 18.562 Other 1,198 1,200 Total 19,760 19.762 NET INCOMEI{EXPENDITURE) (118) (2) (120) Page 8 continued...
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued for the year ended 31 May 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted fvnd fund Total nds RECONCILIATION OF FUNDS Total funds brought forward 37,081 37,090 TOTAL FUNDS CARRIED FORWARD 36,963 36,970 TANGIBLE FIXED ASSETS Improvements to Fixtures and fittings property Totals COST Al l June 2023 and 31 May 2024 25,072 24.116 49,188 DEPRECIATION At l June 2023 Charge for year 24,686 77 21,772 469 46,458 546 At 31 May 2024 24,763 22,241 47,004 NET BOOK VALUE At 31 May 2024 309 1,875 2.184 At 31 May 2023 386 2,344 2,730 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments 2.206 473 140 461 2,679 601 Page 9 continued...
PLAfT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 May 2024 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Deferred income Accnjed expenses Deferred grants 1,540 1,110 10,358 10,382 11,468 13,032 MOVEMENT IN FUNDS Net movemenl in funds At 31.5.24 At 1.6.23 Unrestrieted funds "General fund 36,963 9,791 46,754 Restricted funds Charitable aciivilies {2) TOTAL FUNDS 36,970 9,789 46,7S9 Nel movemenr in funds, included in the above are as follows: Incomin8 resources Resources expended Movement in funds Unrestricted funds General fund 30,088 (20,297) 9,791 Restricted funds Charitable activities (2} (2) TOTAL FUNDS 30,088 (20.299) 9,789 Comparatlves for movement in funds Net movement in fijnds At 31.5.23 At 1.6.22 Unrestricted funds General fund 37.081 (118) 36,963 Restricted funds Charilable activities (2) TOTAL FUNDS 37,090 (120) 36,970 Pag¢ 10 continued...
PLATT BRIDGE COMMUNITY CENTRE (WIGAiY) LIMITED NOTES TO THE FINANCIAL STATEMENTS- Continued for the year ended 31 May 2024 MOVEMENT IN FUNDS- ¢ontinu¢d Comparative net movement in funds, included in the above are as fol lows.. Incoming resources Resources expended Movement in funds Unrestrleted funds General fund 19,642 (19,760) (118) Restrieted funds Charitable aciivities {2) {2) TOTAL FUNDS 19,642 (19,762) (120) A Current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.5.24 At 1.6.22 Unrestricted funds General fund 37,081 9,673 46,754 Restrieted funds Charitable activilie5 (4) TOTAL FUNDS 37,090 9,669 46,759 A current year 12 months and prior year 12 months combined nei movemeni in funds, included in the above are as follows- Incoming resources Resources expended Movement in funds Unrestrlcted fund$ General fund 49,730 (40,057) 9,673 Restricted funds Charitable activities (4) (4) TOTAL FUNDS 49,730 (40,061) 9,669 Page 11 continued...
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 May 2024 12. RELATED PARTY DISCLOSURES There were no relaled party transactions for the year ended 31 May 2024. Page 12
PLATT BRIDGE COMMUNITY CENTRE (WIGAN) LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 May 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Grants 750 5,831 5,014 5,014 6.581 Other trading activities Trading activilies 24,585 12,504 Inv¢$lm¢nt income Deposit account interest 489 Other income Insurance claim 444 Total Ineomlng resourees 30,088 19,642 EXPENDITURE Other Improvements to property Fixtures and fittings 77 469 97 587 546 684 Support costs Management Rates and water Insurance Lighi and heal Telephone Repair5 and renewals Sundries Volunteer expenses Accountancy Cleaning costs Refreshments Storage space 618 698 8,103 810 4235 909 537 728 3,853 630 9,062 125 ,450 516 .738 439 3,117 543 720 19,753 19,078 Total resource5 expended 20.299 19.762 Net incomel(expenditure) 9,789 (120) This page does not forni part of the statutory financial statements Page 13