Charity Regisrrdrion No. 1081252 Company Regisfration No. 3990390 (England and Wale5) THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT AND ACCOUNTS FOR THE 12 MONTHS ENDED 31 AUGUST 2023 111111 1111 •AD3DUBU3• 18105124 COMPANIES HOUSE A12
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THE HASTINGS COMMUNITY TRUST CONTENTS Page L* and thminisuariwe f0MLI0 Trustee5 report 5utement of rrusrees. resportsitrA"liues 10 lTrdependent avditws report SremeM( of fihancial actitrities 14 Balance sheer 15.16 Cashfi4)W Sur¢nI 17 Notes to the accounts 1&31
THE HASTINGS COMMUNITY TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trnstees marr Clarke Ichatrl Natalie Williams Oliver Dyer Paul Aackstraw Eh'zabeth Nevey (appointed 2919122) Paul mTr Steve Youn£ Elder5 Paul Mann Steve Young Akrnsi Chadty nwnber I1252 Cornpany number 3990390 Registered office Ha50ngs Ctntr¢ The Ridge Hasungs TN34 2& Sensor rt¢ut(ry wdit• Shona Wardrop C.A (Senior Statutory Auditor) Charior House 44 Grand Parade Bnghton East Su55ex 8N2 9QA Solicitors Grrffith &nich 47 Old Steyne Brighton 8NI INW Bankers 8arclay5 Bank ScMJth East Su55ex Group PO Box 78 TN34 IZA
THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT FOR THE 12 MONTHS ENDED 31 AUGUST 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT The trt15tee& who are also direcior5 for fhe purpose ol ccnpany law. who served during lh¢ period were." Martin Clarke (Chair) Naralie Wilb"ams Oliver Dyer Paul Rackstravi Elizaberh Nevey (appointed 2919fL2) Recruitment and appointment of tru5tee5 The direttor5 of the company are a150 charity tyU¥¢Ees for the purposes of chariry taw and under the company'$ articles are known as trustees. The arricles siipul3t¢ that * rrustee musc be aged 18 or over acknOedge tg the saiisfaction of thE rru5tees hi5 or her aeteptante of. and belief in. the Sratement ol Faith. New rrusrees mu5r be recommended by rhe existing vustees. Trustees may noi re£ei¥e any remuneration for being a tru5ree orher rhan professional servi<es proded as permitted by Ihe articles. kn pracuce imsrees provide their service5 fret of charge. In the event that any charge was made thi5 would be noted in the accounts. Natalie Williams received remtsherauon for her role$ as "Communations and Commvniry Erwmwr Ch'recty" up until 31 Mrch 2023. The charity operates under the narne of Kings Church 1066 {preoU$ King's Church HastynK5 ar Bexhil- Th¢ members of the charity must be rnernber5 of King 5 ChLsrrh 1066. New members can only be a&nit¢ed with the approval of rhe trusrees and other mernber5. In prncti¢< the mefters are drawTr frorn the eldEr5 of K8.5 Chyr¢h. subject to there being no confiict with other role5 they fu1. Trusrees are recruired frorn member5 01 King's Church of several year5 StaThdin& They are chosen for their ability to contribute to the efficient and effective man4emenr ol the chariry's business. Skills presently represented include management. cornmerce, property. enineerin& law and commur*i<arion5. The trustees are alert to the need to expand their skill base 35 and when considered appropriaEe. Elizabeth Nevey was appointed a5 a trustee in September 2022. Eh"zabeth is a partner and a charrered lezal executive with a local firrn of 501ici¢iYs. Tpustte Induttlon and tralnlng Being appointed from mernber5 of King's Church. new trustees already have a relavon5hip with the exbsiing rnembers and trustees. They are invifed to read previ¢)us minutes ro familiarise themSee$ the manner in which the Hastings Communicy Trusr operaies. They bring their own skills fg the trusLee btsard and are encouwed to expand these on an ongoing basis. Future new ¢ru5tees vrill be required to famifian5e theMSEe5 Wtth the Chartry Commission guidance wia "The Essential Trustee" Reguhr update5 from Chariot House, PrOde opporruniues for uaining seminars to which all our trusrees have acces5. Risk management The trustees reTrAew the range of risks to which the thary is exposed in areas svth as prernises. children's and young people's work. pastoral. finance. rÈpur3ti0n. daD tharin& heajth & safery. and ouEreach. knice is taken from thur¢h members in rhese rea5 as well a5 from iht charify's accounranrs and other professional advisers. Policies for s¢SUardiNg Children and vulnerable adults art published and are Impmen[ed. Finantial management 5y5tems for osh handling and Ehe authorisation of transactyons are ih platt. Eath area is subjett to periodic review by comparison best practice. Appropriite insurance is in plate, brokers comperenr in this field ro prorecr the inrerests of the charity. irs employees and rrustees. The trustees and senitsr managers make regular reMews of our nsk w.srer to assess current risks and idenofy new risks. Control measures are then established to miupte the risks a¢¢ordiAgly. Pay and vemuneratlon The pay and remunerauon of all sraff 15 r¢view¢d by th¢ [n[ee$ ¢)n an anDual basis.
THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 Organ•sational Structure Trustees , Meecings are held five umes a year in which reports are receNeth 75 appropriats. from tru5rees anOr senior management team according to their areas of specinli5ation. When Thecessary. subgroup5 are formed ¢0 addre55 155ues using churth mernber5 and othèrs. who are not [ruS$. but have 5pecialised kno¥edge and Skills. An eXarne is the le&arding telm. A rrustEe i5 designared ro oversee rhe work of each subgroup. Elder5 (member5) The elder5 exercise day-LO-day rnanymenL ol church affair& supporced by the senior mnaguneTrr team. Akhouth primarily spiritual, their leadership role encompasses the whole range of ¢hurth criviries. Senior managemeNt team The senior managemenf ream is comprised ol of the eke the operaoons threaor and the finart¢e dir¢¢tor. They are responsible lor the following areas. church actiTrriiies and events. pasroral 5uppofL human resour¢e5, adrninistrtcion. finance. and the management of the Hasungs Centre. The senior marw( team meets monthly. eW meeun85 are held weekty offering thE tld¢rs. senior management and odw suff the opportunity to review act1vit$. pray and shire particuknr Th¢ed5 and t+Jhcems. Related parties King'5 Church 1066 15 part cl New Gr0d {VKW.nrQundthUr¢ht$.Org). which has developed our of Newfrontier5 (wvAv.ne%rfroniwsrogether.14). 3 wodth¥ide [llY of churches with *hom King's Church relates at various levels. InrernivorkTrlty there are over 1.500 Nevrfronuers rekafed churches in over 80 narions throughout the woAd. Nationally a¥ part of over 2SO UK chtsrche5 involved in mssion. tyjueach and ¢thciplin£. Reyonally, by rtgukar rneetings with church leaders and orhtr joinr vencures. Locally working re(lI)nallY tmth other churthes. ng's Church 1066 is a member of the E¥7ngelical All4nc¢ an associatw of mwn5tream UK Evangelical churche5.
THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 OBJECTIVES AND ACTIVITIES The 0eNeS tsf the charirr {which is a Publ benefft eniiw} are tg.. advance the Christian fwth by wch mean5 as the charity sh1 deterniine from rirne to Lime relieve per5on5 who are in condition ol need hardship or di5tre55 educa¢e and a5515t young people through th•r leisure time activitsts to devetop their physical. mental and Spiritual capacity ad¥3nce education in frdmity lrfe. in marwe and larnI relarionshw and adydnce Chrisuan relivous educaoon and rraiThing. Actmties undertaken in seeking to achieve these o'ecfft5 indlth. Church &Jnday meetings Children Youth Newday Discipleship grou Mid-week chwch life Communi Hope ai Kin%'5 Link_up Tott Klub Baby 833iCS RefjecL M155ion Hasung5 Centre Alpha Foodbank Connect Groups Restore Ilormerty Ami. Hurnan TAffickin&) TLG (Tran5forn)iThg Lives for erseas New FrontierslNEw Ground CAP TrarS Trust ce These have been forrnulated regarding the Charity Cornmi55ion'5 guidance., genety. ¢)n pubk l>enefit and 5PEcific¥lly on the advancemenr of religiofi. Achievements and ptrformance DetaiLs of the actItieS undertaken in purwit of the obiettNes of King's Churth 1066 a5 Outlined above arL CHURCH Future pl4tt5 The ¢lder5 are seeking 10 implement the agreed ¥i5iw strate£y lor the rhur¢h thrguth to 2025. Thi5 inrlude5 proposals for excending rhe reach of th¢ thurch beyond Hasvngs 3nd Bexhill to the surrounding rey.on krown as"1066 Country" PlaTr5 to Unch another meeiing wenve in Central Sr Leor4rd5 have developed further dwn% the period with mid-week therings conunuing in a hired venue in the Central S¢ Leonards locauon. From the rnomentwn rdthered. the nexc 51¥ge Is to launch a Sunday venue in Central St Leonards. with meeiings inityalty faking place one Sunday in four. Plans are unden4YdY Wifh these due ro be&"n in SeprembEr 2023. Over EhE longer term. multiple other venue5 will be expbred thrr%hour rhe 1066 rei'on. Regular preaching and netfvs upda5 ew4ble the thurth to be enlllSed in thi5 Way. Sunday meetin15 Sunday mee¢in8s continue In line with our chariDble purposes. New visitors are regvlarty welcomed. &'blical teathiTrg. Ireedlyn to worship and the input from volunteer teams facilitate5 all aspects of the Sunday morhing meeting& mid-week church 14fe and prayer rimes. Children s and youth acrivitie5 have continued Lo rhnve. Mahy <hur¢h member5 volunteer our cornmunity engawent projects Such a5 Hasung5 Foodbank. Baby Bas$ Hasvn85 and Rvther. TLG, Restore. Rellert and Tran50m Tru5L The 8exhill ¢re£10n continue to wdl, nurnber5 are strong. There 15 a lum programme of Thd-week actMtye5 including small grt)YP5. prtyer and convepri0n meetiny. We are invesDgaont the purchase of a pemianeDt building in Bexhill and ¢onvfiuÈ ro CONSer option&
THE HASTINGS COMMUNITY TRUST TRUSTEES. REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 We work with. and SuFr¢ a number of other ageA¢ies in Bexhrfl. including Bexh41 Foodbanl Chri5vans Against Poverty, Homeles5 Unity Group and Chur¢he5 Togethér in BexhilL Across borh these venues, biblical topics and teach& are intenoonalty and prayerluNy chosen ¢0 supporr people in all walks of life. Not onty 15 this in relaoon to the preach serie5 dEINered ro athjrs lyjt 50 content tha¢ is relEvr Jhd tngages children and youth in thr 5e5sions. The online Streaming ol the Suhday m¢eDngs from the HasDngs venue continue5 to 511PPOrt those who require an alternatwe to in-person zathering and to also prode easy xcess ro th¢)se new to chjrch who want co look in. The Central St Ltonards vtrvje meets weekty in the heart of the area rwning discipleship Mee[8$ for those in the local The Sunday weewy gatherings of the congregations. friend5 ar ¥llr$. aknng with the online comrnunrcy. are able to. on ¥erge. arrract around SC4) people eath week Children's groups on Sundays The Sunday children's youps for children aged 1 I C)nrinue with 3 funn& in Ha5ongs and 2 in Bexhill. The children have grown in thr laith thr¢)ugh the opp0rrunir ro explore chrisnI Ite$. Bible srories. worship and pray¢r limes and a chance ro quesrion at a deeper level Many childrEn bring rhr friends ro church and some children have artended out o( interesc brinyng their families to King's. TherE have been 2 OF4)Ortunityes for Sfaff and volunteers on the children'5 team to run work5hop5 in lo¢ sthool& eXplg the ChnsEmas and Easter stories. Youth Friday Nighr Live lur2eted rwdrds a yTr% demographic) continues to meet viery Frriday enIn% in term tyme. The combifiation trf fun acri¥ifTe& biNical inpuL srnall group discvsshM and friendship draws around 50-60 young people every week. Many of the reenagers are from lamilies within the Hasungs and Bexhill conregatbons bur thErt 5$ also a substanrial number of guests. These regular e¥ents pkny a conyderable role in developing the mental and spiritsAI c¥aciry ol the young peopk in our tart. In Augus1 2023. we took around 80 yiyjng people to N•vd*y. a sutymer omp lesrival oryanised by the New Froniiers family of churche5. The second year ol running the new community inioarNe'Lithr Ni8hr' during the firework season saw an increase in actendance with over 6 people c1£ throu8h the door5. including many unchurched young people and their familiEs. Disc•plesh•p groups Various discipleship groups, that are an intyr41 parr Of our churth dendw. continue to support ptople viho Ve been exploring the Christian faith. bvi thty abg offer ¢)pporniniDes to find OUE more about joinink King's Churth. enrich marriages. develop parenung 5kilb, and study the Bible. In line our chari¢ablt purposes. many individuals are able to find emooonal 2nd Pasto Suppo fellowship. and friendship through the v7r10 cour5E avwlaWt_
THE HASTINGS COMMUNITY TRUST TRUSTEES. REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 Connrft Group$ Connect groups continue to b¢ a key parr of church lrfe. These small youps (between 10 and 20 members in each) meet in peoples, horne5 acr055 the cornmunity. The groups fom7 an integral part of churth lrfe. where emotional. physical and spiritual support is in place. Regubr Bible tea¢htng and prayer are re8tsr and important part5 of the bedrock 91 these groups. Alp Alpha 15 an intérn1ionly re£ognisÈd course designed for those wish to explore the Christian fath in greater depth. King'5 Church runs the PhI course se¥eral rwne5 a year. w¢Or$ report the Ind hosw"rali(y the receive helped them to feel safe and relaxed. COMMUNrrY LiTrk-Up nk-up. launched in ear 2023. meets on the first and third Thursday of every month. The coffee morninKlcafé style 5e¢tir>K y've5 pe¢)ple a safe space to meet other5 fgr friendshtp and refreshMeTr with the possibil ol explorinK the chr1strt faith. Tott Klub Totz Klubs run all ytar ift term rime in Hasongs Ind Bexhill and at 2 veTrue5 in Battle. The roups PrOdE Safe. fun environments where children under 4 and their parenrs and carer5 can 50cialTrse ind build fr¢endships. There is always a wide range of excellenr acvviries to expbre. and a Bible story is read in each v¢hue at the end ol the sessions. All the VOLVS are popular with regular attendees who gt feedback oh rhe excellence of the ream and the acvvi¢ie> Hope at Klng's This is a desigr•aEed space in our building that 15 for use by rommuniry and S¢xl acDon projects that are alkviatiTrg lor41 poverty. Ir is used every week by sLwne of our own projew, such as Hattings Foodbank and Baby Basics, but is also alble to other local charities and statutory agencie5 who are supporting k)cal pet)ple facing poverty or injustice. Relle<t The projecf l)Ilers pregnancy choices counselling and supporL The vdvnceer teams ilso havt opporrun4Des to V151t local secondary schools. The recent launth of the Rellect wtbsiLè ehables people to find ouc more through another avenue. Baby Baslcs Cornmunity health visitor¥ midM¥es wck up Moses. baskets from the Baby 8a5iC5 5es5ions run at the Hsrin2s Centre. Eath basket is full of itS reatty for when the baby arrives. New paren¢5 report the i.ft makes all the difference a5 they wekome their new arriv. Restore {fornierly Anti-Human Traffickinz) ThrcAJgh Restore. in-person 5UPPOrt Is available. and we conunue ro pkny an acti¥e role work4 with lotal poli¢e. Migrnnc Help, and ocher partners to tatklt modern slavery in the ara and raise awarenes5. as part of the lotal Di%covery team. led by fhe polite. Th15 includes la¢ilJtating tAining and awareness-raising events in our building. Christians Against Po¥erty (CAP) Debt advi¢e and supporr is available ro those in need of finanual adice. A5 a Churc we have aL%o $upptsrEed the 8exhill CAP Oebf Cenrre during this perlod. Transom T•wst Thi$ inrEr-thureh projecE now has efeven bed spaces in S propenies {iD Bexhill. 25 well as Hasvngsl for men who were previou5ty h9rnele vr in siwrws of hw&ng unc¢ll*inry. Each of the residenrs has received pastoral suppwt from the Transom rum.
THE HASTINGS COMMUNITY TRUST TRUSTEES. REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST2023 Warni space From October 2022 to january 2023. we Iriled a weekly'warm space. in Htspe ar King's for pee who were stnJEgling with escaatyng energy and food costs to corne ¢0 knefir frorn frienijship. free soup, hot drinks, g2mes. reading material. internet ac<ess and use of wr plug sockeKS. Due to our locavon, attendre quite low. so we endtd the piloc in january and encouraged volunteer5 to wpport other 'warrn 5p3ces' in the cornmuniw. Foodbank Hasvngs Foodbank continues to See increasing referr41 numbers. as people are affected by rhe costd-liwnl Cri$. as well as the ongoing impacr of the pandemic and thange5 to benefits. Foodbank ¢onDnuÈs tts suppty food wcels co local households in need with 7 day5 food Instead of our pre-pandernit 3-dy partels. We have also been able ro supporr Bexhill Foodbank in a small way. Many foodbank clien¢s Yoali5e their thank5 fgr only the pracutsl support ol food but asso for the welcome and warrnth thEy rKwve. Transfomiing L•ves for Good (TLG) TLG earty inLewwention coaching £¥Jniinues Wifh l.-I sessions in S schools with a ¢eam of 8 coaches. 2 coaches ha¥E rnoved on in this lime and 2 new coaches have been rrained. A total of 11 children receives earty iTrierfe#Don eoathing each week with I pupil given 6 weeks of supporr to rraThsifion on to secondary sthool. All the coached children Dve feedbatk that they fek more confidenr and able to speak out for themsefves as well as feeling able to reyjlate their emtstiJnS better. There has been positive feedback from 5choo15 and parentslcartr5. school jointd * sthtstsls. sermor aderS TLG forum with the DOE co giv¢ posltive feedback on the imycL of earty IntErVenti coaching. Many famih'es artend regular TLG famity evenrs with the coaches ar the church through0 the year. which buil4th"n% 0d connectyon5. MISSION Hting5 Centre Hastings Centre Trading Ltd tontinues to opernte 4$ a subsith.ary of the charity. wth the four income 5tream5 beini. room hire. carering. car parking and a coffee shop. Various branthes of the NHS continue co hire $pac¢s for clinics such as Pulmonary Rehabilitarion and Blood L)onation S¥vices. For three rnonth5 in Tty 2Q23. the lo¢al h95piral rnn their physio dinics from the Hasungs Centre to help allevia¢e their winter bed5, WSi5. We mainTain stron8 friendship links Wirh a Newfvoniiers church in Murnbai. India and other overAea5 links in Monrpellier. France: Dawdo. Philippines.. and Valena& Spain. Kint's Church 1066 derives con51derable benefit from these links through cultural exchange. a deVel0FnE W0dleW. opporrunities to a551St in area5 of need and proding valuable kssons In diversiry. Travel opportunves have rewmed vnth recent 75its ¢0 the Phdipp"n¢s and Indrd by some ol the SDII team and church voluner5. New Ground s parr tsf the New Ground aposwlic sphere of churches convnues to be linked to a range of oversea5 iniriatives that thE ntrwork is pursuing. Ntw Ground is led by David Hdden. who is based in Sidcup and who travels widely ifb SUPPOrt of these initiauve5. Countrie5 tmth whom we have New Griyjnd links include France. Brail. South Africa kotland, Guernsey. Belwurn, the Necherlds. Swirzednd, Gernxny Ohd Romania.
THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 FINANCIAL REVIEW The acvvitye5 described above are posshle onty as a resuk al church members 8iwTrg free of their time and money. Volunteer activity 15 part1culaAy irnportant in the areas of meeufi& stewarding and nnwenE children's and youth actlVlVE5 and #ll fhe ornmunity aCtItieS ol the chariLy. The tru5tee5 consider thai there are no rnater1 uncertainues abour the tharrts thlity to contynue as a going ¢ontern. Prfnclpal futhding sources Voluntary all. in¢¢)me from Hastings Cenrre Trading Lrd. spec1 gét Grft d. Investment pollcy King's Church IQ66 seldom has si%nrficant surplus fvnd5 that are not required mtsnth-by•m¢)nth. Cash balances are held in inrerest-bearing accounts with our bankers. In these (CMtanCe5 there 15 no requirErnenc for a more devebped investmen¢ policy_ Reserves policy. The trustees review the reser¥es regukndy in line wirh Charity Commission guideh'nts. King's Church maiTrrains rhree levels of reserves". restricfed funds. desIated and free reserve5. Restricted funds These represent dgna¢ions fgr spe¢thc acflr*S and our poky is TO expend these fvnd5 a5 quicwy as Possib w benefic the recipienrs. Ai 31 AuKusr 2023 the restricted lund5 stood at 1280,066 {Au8ust 2022- £21&4731. Designated funds At various urnes it has been considered beneficial by tht trusrees fo allocare reserves to particur prqeccs. Budgets are preparrd and expendirure disrnbuted in line w[h these budgers. At 31 Au8u5t 2023 the deygnated funds SLotsd at £H7,170 (August 2022 - £385.0381. Free re5erwes Free r¢5etve5 are unde$#[ed. and the ch$ poh.cy is to maintain these at a level be¢ween Ewo to thrÈÈ momhs of regular ¢hur¢h income. The year-end reserves figure is L97.383 IAuEust 2022- 1113.224). The rrusrees are satysfied that rhe chariry 15 a going concern and that there are no material uttcenainries abovt the charity's ability to continue in operarion. Minimum capitalisa¢ion poli In tommgn wh othtr ch•riti¢s, King's Churth retw$ tarefulty whether or not to capttali5e expenditure OTr an Indidull basi5 to Ènsure a fair valuè is shown in rhe baknce sheeL GeThe. we do not capitalise item5 below £l.OW.
THE HASTINGS COMMUNITY TRUST TRUSTEES, REPORT (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 Hasungs Centre Trathng Lid has now been operat& as a 5ep3race trading Company Since SEpcember 2014 and has established a strong local brand. The company is a wholty owned subsKliary of HrIng% Commuhiry TrusL Over the lasr year the acuvitiES lor which the Hastings Cenrre is hired out have been reeWed io rnainun profitabdiry. a parricular review on staffin8 levels and increasing effKiency in 4laUn8 sy5rerns. Independent auditors All the trustees have taken all steps that they ought to have ten to makÈ themstlves aware of any infornntion needed by the charity's auditor5 lor the purposes ol thvr audit and w e5tabli5h that th¢ audirors are aware of that information. A resolutioTr proposing thai Chario¢ House be reappoirbted a5 thdewdettr uth"tors of the charity will be put to the annual meuin8. On behalf ol the board of tnJ5¢ee5, Marrin Clarke 9th May 2024
THE HASTINGS COMMUNITY TRUST STATEMENT OF TRUSTEES. RESPONSBILITIES Company law requires the trustee5 co prepare accounts lor each ancIal year vthith give a true and ts"r *v of the charitable company's $Te of affairs ar the end of the year and of irs income arbd expeTrditure for thar period. In preparing those accounts. the trustee5 are required selecr suitable accountin8 policie5 and then apply them corsi5rentty. Make judRrnts and estimate5 thar are rwonabk and prudenL prepare rhe atcounrs on the wng ton¢ern basis unless is Thppropriate to presume that the company will continue in bwine55. ThE trustee5 are re5ponsilAe for keeping proper accounung record5 which di$¢105e with rea50nable ac¢uryd¢y at any iirne the finanoal posivon of ch¢ ¢hwrabl¢ company and to enable them rg ensure that th¢ a¢¢ounrs compty wirh the Companies Acr 2006. They are also responsible for feguardIng the tssets of the company and hènce for taking reasonable steps for rhe prevenrion and detecti¢ of Iraud and other irreguF"tie 10
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE HASTINGS COMMUNITY TRUST
Oplnlon
We have audiced the financial staiements of The Hastmgs Communiry Trust lthe'tharirable company) (the 'parent company'l
and its subsidiaries I'the group) lor rhe year ended 31 Augus¢ 2023 vthith comprise the Ststement ol hnancial Acciviues. the
BalancE SheeL the Cash Fhw Staiemenr. and notes ro the financial statemen¢s dvdIng a summary of sigmifi¢ant accounring
policies. The financrdl reporring framework thar ha5 bttn appld their preparnoon is appliuble lw and Unired Kingdom
Acctsunong Standards (Unired Kingdcm GenerlY Accepted Accourrinl Pracoce).
In Our opinion the fiancial srarements=
give a rrue and fair eW of the srate of the group s and of the parenc company's affairs as of 31 Augusi 2023 and of
the group's ¢Thcoming resovrces and applKation of resource5. induding irs in¢ome and expendiwre. for the year then
ended.,
have been properly prepared in accordance with United Kingdwn GenETrlly kcepiEd Acecsunring Practice.. and
have been prepared in accordance with the requirements of the Cornpnie5 Acr If6.
Basis for opinion
We conducted our audit in accordance with Intern•tignal Standatds ¢)n Avditing IUKI IISAS IUKI) and appliuble law. Our
re5ponsibilitie5 under those standard5 are fvrthtr described in the Auth"£ors' responsi.11e5 for the audit of the finan¢ial
5¢aternent5 section of our rg)orL WÈ are indewdenr of the group in accordance wth the ethKal reqyirements that are
relevant w our audit of the finana21 sutemeTrrs in the UK. including the FRC'S Ethical Standard, and we have fulfilled our orher
ethi¢al responsibiliues in accordance these requiremenrs. We believe that the audit eyidenee we have obrained is suffictent
and approprAre to PrOde a basis for our ¢)pinion.
Conclus•on5 rtlating to going concern.
We have nothing to report in respect of the lollotmng marters in relaiiot) w whith the ISAS (UK) require vs ro reporr ro you
the rrusrees. use of the p.ng concern basis of accountyng in the preparntioft gf the fifvan0 statements is n¢X
appropriate.. or
the trustses have noc disc105ed in the financial StarenTS any idenufi¢d mareriaj UnCer[a[leS that rnay cast siznificani
doubt about the Kroup'5 Qr the parenr ¢ornpany's ro continue to adopr the going concern basi5 of accounting
for i period of ac least twelve months trom rhe dale vthen the finanoal $ternents are authorised for r55ue.
Other information
The trustee5 are responsible for the other inforniatson. The other infomiation compnses the Informati iDcknded in tht Annual
Repor¢ other than the financial sottmtnts aftd our Report of the Independent Auditors thereon.
Our opinion ¢)n the financial sraremenrs does nor cover the other inforrnaoon and. excepf to the ¢xreni othetwise expli<idy
srared in our reporL we do not express any forni of assurance conclusion thereon.
In connecrion Th our audit of the financial s¢atements. our rÈspgnsibh"ty is to read the other inforniarion aTrd, in doing so,
consider whether the other inforrna(ion is rna¢erty Inc¢Jn5i5tent the financial sra[eMen or our knowledge obtsined in
the audit or otherwise appears to b¢ rnat¢rially misststed. W we identy such macerial tnconsisrencie5 or appareThi rnatenal
mlsstaternents. we are required to determine wheiher thert bs a marerial missuEemenr in the financial s¢atemenrs or * material
misstaternent of the other mlorrnation. W. based on the work we haye perforn)ed we conclude that chtre is a matenal
m+ssuternent of this cxher ififormafion, we are required fwft that facL We have nothing to rep¢)rt in this regard.
Motter¥ whl
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE HASTINGS COMMUNITY TRUST (CONTINUED) Responsibilities of trustee5 A5 explained rnore hjlfy in the Staternent of Tru5tee5 Responsibilities, the mistres (who are also the direcrors of the charitable company lor the purposes ol company law) are responsie for the preparauon ol the financial 5taremencs ind fDr being satisfied that they give a rrue and fair view. and for such Internal control a5 the Irus¢ees deterrnine is rteeÈssary w enable the prepantic of financial sratemenrs thai are free from mater411 misstaterrenc whether due to fraud or error. In preparing the financial sutements. the trustees are respon5bble lor seSSing the group and the paret)c company's ability to contynue a5 a gtyng concern. di5c105in& as applicabl& rna¢ter5 rdated co g(Hng ¢on¢¢rn ahd using the gtsiTrg concern basis of accounting unless the trustees either intend to liwidate the grw or the pr¢nt compny or ro cease operations. or have no reali4cic alternative buc to do 50. OUT responsibllitie5 for the audit of the financial statements Our objecfives are to obtain rea¥able assurante al)0 whether the financial suremenrs as a whole are free from macerial mt55Utern¢nL whethEr due Eg fr4ud ar error. and ro issue i Report ol the IndependeThE Audirors that includes our opinion. Reasonable assurnnce is a high kyel of assurance bur is nor a guaranree rhaK an audi¢ conduaed in accordance with ISA3 IUKI will always dereci a macerial missraremenr when ir exisrs. Mis5taternentS Can arise from fraud or error and are considered marer&al rf. iTrdividually or ID the aggregare. they could reasonabty be expetted ro influence the econ1< drfi¥ion¥ tsl users raken on the basis ol these finanoal sutements. Irregularbtie5, inCding fTrud, are inson¢t5 of noh¢orry>h"xt vrith laws and regulations. We design proce&Jres ID line 1Ch our rÈsp¢)nsibilmes. oudined abo¥& ro derecc Marer1 MS[a[eMenTS in respect of irrryularitie& Including fvaud. Based on our understanding of rhe chariry and irs acti¥itye5. and Ihrovgh discussion wffh the ¢rustees and managemen& we identified the principal risks and considered the ext( to whith these would have a marerial irnpatt gn the financial sta(ements. In idenrifying and assessing ri¥k5 of rnateri missrxiement in respeci o( irregulariues. including fraud and non- cornpliancè with Ixw5 and regulations, our procedures included the fdbwng." We obtaiTred n Unders1adi& of the legal and regularory Iramework thar the charity operates in. locusing on those 13W5 and regularions Ihar had a maEerial effeci on the financial srarements or that had a hjndamentsl effect on the optrttigns gf the charity Irorn our professional and sector experience. We performed analyDcl procedures to identsfy any unusual or unexptcred relationships that may indicate ri5k5 of material misstatement dut to frdud, and reewed signthtahE or unusual transaccn$ ro IdenEify their undedn8 SUPPOrting ra¢ionale_ We inspecred rhe minuies of meetings ofthose charyed wih governanc< and made direct enquiries of management and rh* board of trustees concerning the charity's polKies and pr¢xedure5 relating to.. Identi.& e¥Uan& and complwng with law5 and rezuhrions and whether they were aware of any instsnce5 of non- COrnlance. De¢ec¢ing and re%ponding ¢0 the risks of fraud and whEther they have krbovAEdge of any aciual. suspecred. or alleged lrnud. The internal contro15 established to mitsgate risks reted to fraud or non-compliance with laws and reDAations. In addressing the risk of fraud through rnanagemeni ovtrride of coftirofs. we iesEed the appropriaiene55 of journal entries and orher adjustments, assessed wh¢rh¢r the Judg¢m¢nrs rnde in making accounring esrimaEes were indKavve ol a potential bias and tested significanc trtnsacDons that are unusual or those ourside the nornul course of bjsiness. We also dis<u3sed ind remewed the ¢h¥irfs kniness model ar¢d forward pFanning to assess going concern communicated applitable laws and reguPduons throuthout the authi team and remained alert to any indicati0Tr5 Of non-complHnce throughout the authL rEviewed the financial staternent di5closwes and tested these to 5uppofEing documenraiiDTr to assess compliance with applicabk laws and regulavon5_ Carried ouc substancwe testing on income and expendrture. Re-perfom)ed recontiliatiorts of egntyol accoun¢& and r¢eal¢Ufig irems such as depreciarion. 12
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE HASTINGS COMMUNITY TRUST (CONTINUED) Because of fhe inhereni lirniurions of an audio there is a risk that we *ill not detect all Irregurities, indudinz those leading tts matertal misstarement in the financial statements or non-compliance with regUtiOn. Thi5 risk increa5¢5 the rnore that Compliance a law or regular) is removed frc¥n the events and rransacrions reflerted in the financial 5¢atements, as we will be les5 likely to become aware of insrance5 of non-cLMmpliance. The risk is also greater reprding irregularities occurring due to Iraud rarher than error. as fraud invofvts inrenuonal concealmenL forgery. collusi. vmi55ion. or mi5representaflQn. Alurther descr[10 ofour responsibihriesfor the avtht of the financrdl sratement5 is locatEd on the Finantial Reporting Courlcil's website at wWw.frc.or¥.uklauditorsre5ponbIIIfIeS. This description forms part of our Report of che Independent Auditors. Use of our report This report 15 rnade solety to the dHri(able company'5 rnember5. as a bgdy, . accgrd•n¢e wth ChaptEr 3 of Pan 16 of the Cornpanie5 Att 2C#)6. Our audit work ha5 been underraken $0 tha¢ we might srate ro the charthle tompany's members those matter5 we are required to 5raie to them in 3n JUdOr$, report and for no other purpose. To tht fullest tXLent pern)itred by law. we do not accept or assume re5POn5Fbiliry to anyone other the charirable c(MTrpany and the chariuble compangs member5 a5 a body. for our audii work lor dw"s reporL or for che wnions we have fomed. Shona Wardrop C.A {Sen¢gr Sta¢utory Audw) lor and on behajf of Chariot House knmited Chartered Accounranr5 and Stafurory Authtors 44 Grand Parade Brighton East SussEx BN2 9QA Date.. 13
THE HASTINGS COMMUNITY TRUST STATEMENT OF FINANCIAL ACIMTIES INCLUDING CONSOLIDATEO INCOME AND EXPENDtruRE ACCOUNT FOR THE 12 MONTHS ENDING 31 AUGUST 2023 I? mwths Tow to 31 ugug1 2022 Restri¢t•d IrKome and endowments Ivom.. olaOnS and 9zaeS ChaFilableAcliyiks 0thèriradl Inveslments Toial Incom• and•ndowThrts 492,557 24.$7T 44&912 3.059 £ 966.105 150,606 1.054,701 24.577 445,912 3.150 £ 1.S28,340 683.296 10,457 440.716 67 £ 1.134,536 £ 150.697 E411.53B Funds 369.969 330,589 Chritable xtivlllM'. ¢hur¢h Community Mission 4JS.919 82.670 141,701 24.571 6J.1Q8 235.503 461, 155,117 443,989 401,674 179,062 348.113 9.139 66.718 T•tsl charitab expendilurt 660.497 323.189 1.061)A49 926.849 Total expendlluve 1.025M 74U63 32•249 1.430.SIB 1.259.43B N•t Incom•l(•xpqndilur•l 59,301 73.B34 1SJ289 beN¥een fund5 É 15,398 £111.702) £113,656) Ndmovemrt irt hjnds I35.31 61132 69,593 124.9021 Fund baLarw al 31 A&st2023 £ 1.14fj,195 £ 305.038 £ 218.473 £ 1.749.706 £ 1.874.608 Fund baL8rtes 8131 $1 2023 £ 1,112292 É 447.170 £ 288.066 £ 1,847,528 £ 1.749,706 The 5tstement offinoal also c(ffiples lIh th8 wuireftwtsfty•i and ¢ythYbJie 8¢c¢nts underthe Companies Act 2 and indude$ 81 ond k)sse5wIW in th¢ >tw. l ofthe above figures Yre derived from acwes. 14
THE HASTINGS COMMUNITY TRUST CONSOLIDATED BALANCE SHEEr ASAT31 AUGUST2023 2D23 2022 Fixèd ats•t Tangible 8S8ets 1.713.170 1.750,949 Inv¢stsn¢nts 11 Current asmts Oebtors Cash al bank and in har 12 102.024 567.064 719,049 771018 669.088 CrnditorJ.' arrK¥wts fal ¢lu• ont y¥r 13 I16.(> 180.8911 Net¢urr¢nt ssets 616.012 588.197 Totsl assets Ipss cuTh•nt lablltl•s 2.399.114 2.339.147 CrediiorJ: alr1# faNin thJt dltr mtye th¥h y••t 14 1551.6551 15B9.4411 Net et$ £ 1A47.52 £ i.r49,706 In¢om fvnd$ Reslricted funds 16 218.473 De$4n8ie¢ funds 17 447.170 3B5.038 chaiilat4e I,112.2 1.146.195 £ 1.847.525 £ 1.749,706 IA8yZ024 Marbn Ch8it ol Ttea5 Th Ha5tin95 TnJ5t, a c[wnY hTrwled bywaranietr. Rewred th ErWJI No. 39W Regislernd as a chty No. 7(1252 Is
THE HASTINGS COMMUNITY TRUST (Company Number: 39903901 BALANCE SHEET ASA T31 AUGUST2023 2023 20 Fixed o$sets TangNe assets 10 t.713.170 1.1.949 Investments 11 Cuffent ass•ts Debtor¥ Cash al bank 8nd in hand 51,19B 709242 102.678 526.916 629.594 Crndllvvs: moiJi¥ fallng du• 1J 176.166) 172.522Tr Net currnnt assets 723.$75 $57,072 14741 2.3(0.022 Crtdit¢Jr6.' amounts lallrwdu? aftèr 14 IS51,6551 1589.4411 N•t $s•tb 1.4WS.090 £ 1,718,581 om• IwwJ5 ResknctÈd 16 28&066 218.473 rund$ 17 47.170 385.038 Olher Clri1Q funds 1,149.8S4 1,115.071 £ 1,718.581 The 8¢¢071¥ 8FPto¥ed by the 80¥rf qth M8y2024 Klarbn Clarke Chairof Tru5tee5 Thè Ha$iihy$ Commuity TntsL a company by Rawiwed IA No. 39 Rryi5t2red as a Ghariy No. 1081252 The Ditett8 alnOled9?1ht I0YOIngth the ActtAth respedto Kwuntny rectyds and weparabts) ol a¢¢wn These nI hwe t*en kwepared in acoytsnce (lari Wto Ihe s1 trjmpanies 16
THE HASTINGS COMMUNI TRUST CONSOLIDATED CASHFLOW STATEMENT ASA T31AUGUST2023 2023 2Q22 ash Ilow$ from operating actiNities: Nel IrKcrfnellexpendilurel 97.622 1124.4)21 AdlS1ments for Depre¢iaiK)n IIrreasel6aSe in DePAtyS In(ye8sellDecre8sel in Crediws 58,607 49,055 5.115 46.110 39.703 150.6311 P4•tcash generated from opDratiry a¢lithU•s 210.598 189.719 Cash Ilows frnm In¥esliry •Gtiuitiei: Purchase ol wgrt)le fixed assets 9.24 Nrtu$h In Investlng a¢ti¥ibes PD.8281 9.247 CaBh Ilows Iroffl Financing ¢ll¥lll•s'. RepanEI of Loa (37.7B61 133.5161 Net cash used In finwing Net inEreaselldecr?•SEI irb •41lnts 151.98 1132.4831 Cashand cash equNalert% al be9mnwJ of 567.064 699.547 Ca•h and •qu¥hnts * •nd ol >Yar 719.049 s67.4 A1¥5 olchar¥Je5 n•td•bt Cash and Eash ¥quiw4l•rrt* Cash ai battkano in hand 719.049 567.064 17
THE HASTINGS COMMUNITY TRUST ,NOTES TO THE ACCOUNTS FOR THE 12 MONTHS ENDED 31 AUGUST2023 •¢ountlnw poll¢le$ 1.1 BJsi5 01 prep•rJti The financièl statements ha¥e been prepared irbartordance¥Mlh fhechariV$8o¥emir document. the CompaniÈS Act 2r# and-accounting and pOrt1 by CharitiE5' StatErnert of Recommended Prartio applicable to chantses preparif¥iheir accounts in accordance with ihe Financial ReportlD¥ Standard applicat4e irbthe UK and RepvtAit of Ireland IFRS1021 (effective I january 20191 The financial statements are prepared in sterfin& which 15 thE riDn•1 currency of the tharity oneraryanM)vnts in thesef1na1al 5wemen15 are roLded tothe nearESt E. The financial statemEnts have len prepared Under ihe hisiorical tosi COD¥entlOD. A55ets liatslit5 are Initially reco8ni5Ed at hi5taTKal cost or iraTrsartions ¥•1 vnless othen¥15esiated in the rdevJThi accwntiDg poly. The nCApa1 whues 8d(¢thJ we swfJt bekw. 12 com¢ and ¢ndowments are applied lo pajLr c¥gl$ of in(tyr'. Voluntsry is tsYy olys. ThlMentinCLV. th)¥ti9 ¥TrJ 9rflsaThJ is in¢luded in full in the Staknenl of Financial AdMbe5 reesivabie. fy¥n Trtsre lleftl i4 MtcondibDn on the ddiveryofa speofic pertLwrnae by tharrfy. charity becc4Tr25 UDrmYrtwaltyenbId 10 Where apwoprAte. donated 5eryKe5 and Ire ai itre ¥8i 10 ts ¢Wtywhere this knveskneni income 1$ in¢Mkle(J when repyvat4D. 1.3 Expenditure ExperyJibJre is recognid ts) an awual b8$s as a incur. E¥1the cludeS aryVAT vthich canntye fvEly)verett. is reprmted as woflhE expenthiwe io it rtss. of tyadiDs furfundrgNJ wrwses. harithble aCti?AeS cornwses se costs incLvred bylhe thaiity in Ihe dvery(l frrt5 bentfiuanes. 11 In¢deS both cost5 Ihalcan be adIed directyio •)d knse costs oran kndireL nalwe necessaryto supwIt1. I costs are 8IIoc81ed expenditu caiegories SOFA a bJ5s dr Io TBne¢t the vsfr of the rexvru. Cosi$ rdatirvj to a parnojar acbwty are (Iredy. o¥vs¥rt ap¢y>tyJrd on 8n appropriate ba95 05 dexnbed mtes. IA Tangibl? fixed a55ets ind dew?¢iition Fixed a55ets lex19 inveswnentsi afe 81 ¢fySt x(xnmulaied d¢pr¢ciation. Deweaakn is provided ai rates ¢8lDJ&ied olt ihe C4Sll e5weLI re5NA c4e •5xIthvi expected useful Its. as I.. Fr88hohl iAnd is Th)1 depre(aate Freehold buildings Plani and equipment Fixwffes. rrttsngs aThJ offi¢ ¢qeTht 2% Slwht 8asi% 15% Stravjhl LID2 Ba95 15% SwawJhlLTh l.S Ponslons The ch¥irycperates a defined C47ntrthkn p54)n scherne un¢kn tt*tribubty)$ byenww bythe companywe hekl in tnjst separate from IhE charilY5fThnEe5. The p8nsth ¢h8wge retyesents the &trIe bylhe charitydere rule5 01lh2 S&.
THE HASTINGS COMMUNITh TRUST NOTES TO THE ACCOUNTS {CONTINUEDI FOR THE 12 MONTHS ENDED 31 AUGUST2023 A¢¢•urtth9 poll¢l¢$ InI1ed1'. 1.8 Fund Aceourbtkng and u5e5 ofthe r251ricled fund5 are Set outin the rthsto tr Oe5ignaled funds c¢&8 futyjs have been set agde at the diuebfm dthe rruse5 5pecffic purposes. Th8 Purposes us68 ofthe desi81£ fuThls are seLrArt Tr)t¢S tolhe aEcounls. Unrestred ld$ arÈ avalab for ktse at the (lsuebon ofthe tru51ees in lurtherarKe of the DbJ"eciNes of the chwty. 1.7 Publlc Benefft entity The ¢hiable ¢rnpany meets the defiThtion ofa wkbenEfft thwdwFRS102. 1.8 TaxatiDTr As the thwity's acmes the ¢Ythe Tax Ao 2010 5256 clthe irKXYTr8 or yins r8¢•¥ed ¢othe 8xni thai svth ar garsare exdu•to chaiilable wrrrf)ses. 1.5 Clea1 actountlng •5knatEs arbdludgwnents In IhB 3p1AicaQn of the tharitys accounbry pjlries. LeTnJ51ee5 are rEquwed 10 kl)eM8nts. tiMatS assurnptions abwt the wing va2 of a$5ets IVdt4bbe5 ihal e ¥¢J8[¢eN fffom flhersrw$. Tr ¢5urnaw and as50oated actual results mayolifrerfrorn hknet51im•tts. are bas# enen o&)er factor& consiaertd 10 b relev8ni. TTh8 8stimai8$ and revie¥d ba515. Revi5iLYSto accounbng esDm3le$ art recogn15e¢ in ihe period in th¢ ¢stimar¢ 15 revised there the wtyaffeds ihèl pew, ¢¥in p8ri0d of the and fuhjre period5 the¥elhe allè bjth. TheTwsw ¢(¥drth8ttht iuthJemeMappW was regard to the deryeoati(ki <Wd. 1.10 FIMrt¢l•l ihStrtAnents The ¢h8rity ontyhas fina91 asgets and Whtie5 of • kd Ih31 qu• as bJsicfinO in5trwnl& Ba%¢fv)wraal instrunIS alo initiallyracognispd at traraCk vabje Subsequentlyna5ured atthwr se1tht vaknB. D•btors afflount wepaid nel of aTry trade di5oyJunts. Credltor5 prDNlslons Creditors and prnvisions are ret<MJThstyJ trtthwtyhas a ryexntth1gai rehrtraM a paste¥eni that %•ill wsbatyy r1¢ in or r4otAy. CJÈditcws we nrrnlyrecojnised at 5&t12rn QUntafteralkMthg irade discounts due. C•$h •t bartk In h•r Cash ai bank and rash In hand indudes cash shorttem rnJrity uflleB mnths ( ss frcm the ¢J818 ofa¢qS*0n (41 19
NOTES TO THE ACCOUNTS (C014TIMUEDI FOR THE 12 MONTHS ENDED 31 AUGUST2023 kn¢om• from 0on•lSoM •nd Lega¢g Total 2023 To1 2022 lund5 lur OonB&rm5 ond Leg¥u É 492.557 É 150.606 £ 411.538 £ 1.054.701 E 663.296 OonatiOn5 afKI Legxte5 Unr•8trf¢i•d futtds.. Weekty Mlh¢118rtr Tax repawnents Grants and other incorne 417,B77 74,680 371.398 66.105 139 £ 492.557 £ 437.642 DesiBnated lund5= Weeklyand monthty ¢yf8rtrffjsa19fft days Legacies Tax repawnents Grants and other 3B,#tt• 110.468 1.150 34.485 1,107 £ 150.6D6 £ 35,SY2 Restricted lunds.. Weektyand monthtyoffeDwJs Ta¥ lep8ents Gr•rts and ¢th?rincom¢ 200,18S 15,951 195.397 15D,808 13,468 45.786 È411.S3B t 210,062 J lTrcorn• fworn Charhabl• Act1525 Total 2023 ds fund 2022 rurther LiVs rt(ts f 24.517 £ 24,sn £ 10.457 haltable Ltlvfttes Unrestrict•d lurMIs: Book sales Regular Skt4al ew) 1J,257 11.320 3.21 7,24T £ 24.577 £ 10.457
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE 12 MOPITHS ENDED 31 AUGUST2023 Total 20 Toi4 2022 fuhds Trading Acb%ilies. Ila5tiry5 ctre È445.912 £ 44S.912 £ 440.716 5 Incom• l•t&StsMnts 2023 2022 InvtstrDenl rEceivabl¥- urYes¢ncted lund In¥eskneni rec£ivab-des>an&led lurnj 3,059 91 67 1150 £67 6 Exp•ndituwv Totsi 2023 ToLar 2022 c¢ts alAaiSibl9 funds Costs of to rSluna 221.335 2J.731 124.90S Jfj9.969 330,589 Charitable xtr¥ibv ActiTrAies undertoken d Support Costs To 153.W 189.$41 34J.450 7.146 18,440 25,516 ,186 63.221 92.407 190241 271202 461.443 119.63fj 282.038 401.674 cornm1 Acts¥ibe5 undertaken Lr Support costs TOL31 69.789 23,995 93,784 6.289 31.781 ,763 107.858 47,259 155.117 137.667 41.395 179.062 7.7 MissiL A¢tywtses underf8en &Jpportcosts Total 1025 14100 408,788 5,234 414,022 410.955 33.OJ4 443,989 309.74B 38.365 348,113 2B.467 465.701 J4.876 $59.gT3 1,ts60,$49 928.849 687.OJ6 £ 684.878 É 1,430,518 £ 1.259.438 Au¢Jitors' remer¥i)n yearMK•d tO£10.In rtspectofthe Ofthe w) 21
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE 12 MONTHS ENDED 31 AUGusf2023 7 knstilutKKI Grants Thtr fditring gr8nisre wj kn it Jw. S¢IIUll•n$.' 2023 Ashbumham Christian TnJ51 Newground INF Kent & 8orders) Jubdee+ TLG 20,0 3.910 9DO 360 2.66B 2.0 2.837 Trus5ell Trust CAP 8exhiM-on-Sea Hasbrys & Sl Lec¥wd$ CAP Transotn Tru¥ Bexhill & Rclh¥Hcffjxleswss Totsl Twustees The folkMThJ pwtr8nwtion$w• rrode thrw¥J the NatalWIA Itru51eel 15 efflFknyed p3rt4rn? a5 CromThJntyEng•wbwrt tke¢w. sarys1 dury¥J Ihe period Ounted lo £10.W [)n amwniing 7% of gross pay. l¢eased for the Trnst 3113r231 Natal will111rUsleeJ is a150 CEO and TN5the the hxYyunmittee for TLG (Tran5fonTiry livesforwLxI1. Tr)sathMs tMen these efib8s Has5 CrynThtyTDJst in the wramwnled to 3 £3.910 Ijilee £9 10 TLG With th8 ofthose Th)re ¢Ythe rnJ•5 lorany c•nneLd re¢eNed 8nyremuneiabcm or re¥ntAJrsed expenses thJrirvJ lh2 pei)J. 9 EwnplO•8 Number of employees Th8 a¥er8g8 nUMb0frt ¥As'. 2023 Number 2022 Number Directcharile Direcl (Haskny Cenlre Trading) rninistr8tive 10 10 19 10 10 22 42 Ernploymenl costs 2023 2022 Wayes and SaDeS Social Security costs C#her pensvjn costs 6,301 38,867 41,868 687,036 $89.383 41.935 38.920 £ S70.238 RemunerJtion During the feportrtg P8rictar. Thtr10181 emtr t*Wrts wtNed bythe emrAfv trustees and kèy maDagBrnenl PBtsonn8111 trusiee & 3 dders. 4 petsons in 1¢41. was £112.846. Iln FY20T2. 5 per5on5 in totsl ala eost of E122.1091.
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNT5 ICONTINUEDI FOR THE 12 MOAITHS EIIDED 31 AUGUST Z023 10 Tanylb fixed a55ets Frnl Plant equiwent Fixtuits, fittirf$ and Total V•hl¢l•¥ Al 1 Sept 2022 Ad(lior 2.655.835 57,8B4 3.039.685 20.828 20.828 31 August 2023 2.65S.835 325.956 3,060.513 Al 1 Sept 2022 Chonge fw year 325. 57.8B4 1,2B8,736 58.E07 12.497 46.110 At 31 AugIt 2UZ3 12.497 950.996 325.966 57.884 1.347.343 Net bDuk ¥alue At 31 Awjurt 2023 E (JJ1 £ 1,704.839 £ 1.713.170 At 31 Iwgust 2022 £ 1.750.949 £ 1.7SO.949 11 kn¥qstrnrynls The ¢harityhas an investynenl ol t1 rEwe5entiny ts IC4YA of anthe ¢yWshwesof£1 eath in Hasbrys Centre TRding Ltd ICLwnpany number0$2225341. preJ¥Y4 ¢Jrrn4nt company. coffnced ve tradin9 on 1 Sept 2014. The ¢8oitsl and reserves of Ihat cKnpany aMrAted to as at 31 Auyust 2023. Poryear ending 31 AJuSI 2023. HasbTras CentyeTradry Ltd Incometdal £445.969. expendity was s0 £477.303 the year. thereffxe resultirJ in a b$5 011£31.334 The ar Nel Cwrenl Asset was £1. 12 C•n$oNdatod Oebtovs 1023 2022 Trade d¢bty5 102.024 £ %969 £ 102.024 HJ5¥ngs CthDmuTrSt 2023 2022 Trade deblo (hed by sUbdiaryCmpanV 34,670 80.547 22.131 £91.198 £ 102.678
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE 12 MONTHS ENDED 31 AUGUST 2023 13 Consolidated Creditors.. amounts lalling due within 2023 2022 kk i¥est Iree loar Trade tteditors Taxw$ and social seity cOS AcnuaL4 49.060 8.120 7200 16.416 13.330 8.626 12,010 12.735 £ 86.006 £ 80.891 2023 2022 8•)k Inlerestfree loa Trode ¢reditois Taxes and soual sevJritycDS15 A¢tyu8L% 45.06Q 4B.120 3.31S 16.416 8.07S 6.230 12.037 6.135 £ 76.866 £ 72.522 14 Cr•dlicffs'. amourt5 aft•t•bw•th•Th w•J 20Z3 2032 Bank knan Intere51 IrBE 539.655 12.000 577.441 12,DOO £ SSl.65S '£ 589,441 matysis of loan5 Ban b)an Inle¥ iree S88.715 12,000 625.561 12.0(K) To&1 repayatr4e £ 600.715 £ 637.561 tyJn aftw AmtyJnts due ¥)Ilh 2 10 5 wrs 343,417 8338 .961 204.480 Rep8y8ble afier wre than e £ 551.6SS £ 589.441 ounts due ithn on¢y 4Y.060 48.120 £ 600,715 r 637.561 The loan 15 sepjred on the freehobj 1S Share capital The 15 IMThted bygunt * does nh1 swo ca. Il h•bof 15 mited to a maxrn of£10. 24
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUEOI FOR THE 12 MOIITHS ENDED 31 AUGUST 2023 16 Rstrtctod nds. ¢ornparillfigTh torR•slrict•dFw TAn5f•F5 Balan¢9 at 31 Auyu5t 2022 1 Sept 21 expended ESCC Detra 8exhill Fund Venues 8aby 83SICS 8colfair5 a¢Miiian thJrs8S Children's Wo St Leonard5 CrMnrThJi#ty ¢> umbai CINldren's Cenlre NeWgfd Link 8.423 18.4231 2.D(K> 38.450 7.149 487 48 49.863 13.409 2.1&5 I24.3 13.591 15Z21 2.1 3.045 107 2201 125 14,0521 23.470 139 {2341 766 1.271 122 1.372 1.271 TraffiC1¥y Discovery Anti.TraffickThJ AssucEalion ol CarErs Foo¢b8nk Foodbank Cowd FB Acts 435 Philippinps Foodbank Cri&s Fund Defra Grant Soual Action Covh¥ SLKial P&lion &ft Oay rana Wekome 8erfin CSL Drmation sins PhilYpS Misw¢m GD 2022 Ukraine HVA Small &arts HDusehDld Supwt ESCC Hcvsehohj SuFWt Irwne PA8y2022 eFf Mousehdd SuKWn May202Z 12701 12.3091 113S.4531 1142711 51 113.795 15.971 730 13.5(K) 6.743 235 14.965 1.744 47 68.206 1,700 730 292 4.B14 P89)01 12.1 373 11.4301 P.30DI (s.K)I 7.907 32.607 160 160 13.CilOI 200 5.877 2.379 46.*7 17.15D) 10,648 46.9671 17.320 119.WOI 15.99J fj.513 15.750 115.9501 6.513 11.968 3.78ZI £ .920 £ 210.C64 £1291.5351 £16.9751 t 218.473
THE HASTINGS COMMUNiff TRUST NOTES TO THE ACCOUNTS ICONTINUEDI FOR ThE 12 MONTHS ENDED 31 AUGUST 2023 16 Restrlcted funds Icontknuedl.. Bal¥nu 1 S•pi 22 InefAmlng Resources frxpeThd TrarvJfe 31 2023 Bexhill Fund VeThJes Charity ror KJs Baby BasKs Bts)Lfai Ma¢Milbn Nw5es Children'5 Wor Mumbai Childrerb'$ Centr¢ 14wround rdL Lun( Youth knli-Traffithng D0)Very.YI8(ft ForAlbar FoDdbarth F8 Acts 435 FthilippinES FobaThk Cnsi$ Funtl Soryal A¢tion Co¥1 Soryal Adion Gift Day Ghana CSL Oonation CouSiDS Philypiw5 Ukrne Warm Space ESCC HCAJse1d Suppirt ITthe May2022 EFT H¢eh Suwort May2022 ForeslK)re Trust Trussell Tru5tYlinterSuppTht GrdDI Trus5el Tru51 Effleryenry Supyxt ¢knt EFTJai 2023 EFT Rwnd 4 ESCC Supwrt Rwnd 3 ESCC H(se1) Supwrt RtyJ•d 4 Fin3nval IrU5j0 G1 Ints)mo FoDdbank Res8 Fur Delra Vthde IFoDdbwkl 38.450 17m5 2.410 128,4501 16701 4.083) 125,[} 2.BOS 1.740 5.449 7.149 1481 2.1fA) 23.410 {152} 116.(X)01 1.948 7.583 10,562 766 766 1.271 122 1.372 125 12661 182.041 11.TrJJ) 256 148.281 134.446 1.7 7XI 292 730 21.50) 18.79) (21.792) 13.9671 18.910} 14.967} 19.597 7.¥Y17 32.7 26.655 160 200 5.381 5.877 112.8501 12901 11.304 290 6.513 16.252 (22.7451 I12.f7} 16.WOI 14.9461 119.9591 117.7491 (9.(X)01 1541 17.750 18.463 37.S76 40.9 26.411 23,932 6.250 B.331 117.(K)7} 8.331 £ 218.473 £ 419.871 £ (336.5831 £113.6961 £ 286,066
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICOPITW4UEDI FOR THE 12 MONTHS ENDED 31 AUGusf2023 16 Re5tFkt•d lund¥ IGontlnu•dl'. Iocused t(wdrds il Ven This FvDd was ueaied Irom TrceNed from Day 17 and Gift Oay 19. Specrficalylor ihE Costs a5sccaled r•rJych wJe(slnaW Bethl (wth thed In Juy30181 and Sl Leonards£hi.Sea. We have a fhartyofth8 Y&¥. 2tr23 Baslcs Prtject fr Ihe pra¢tul suwryt rA ¥uknerable Iersd batrfes. Origlnally underdesKJnad. nwed to Fte51ricted as rh3wreceiry LJnatiw5¢jITr• swwiof the Booffairs yfunds Ai5ed al Bcotraw5 are to be paid arossio MacMIMan Nursgs Fvnd cleated d(Y¢b.( gNen speuficfu IAxmilTr $. doJ in fv >8r. Mumbai Childr?h'$ CThtr• The Ghik5ren in ihe and n."g¥ge grw$1>11 t<j$) thSUprthe$e tt4Jren's lTrSH. We aL%o reclmd dona1K$ In the YJkxwMofthe *$ i) 1ThSa asa rwlt Ollhe pdeffIC. New round Newground gerwaled at GThl Da>5 ¢5¢8¢Uyftht Link
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE 12 MOAITHS ENDED 31 AUGusf 2023 Youth Th fund aross Irrffi &Jnatio rot e$. 10ty8 Spent sYe¥i¢yJs mtl.Traffickin & Discove mtl-Traffickln The FLid were creai&t to SU£An.Traff . Ihese •di¥s have W fuTrled bythe Sooal Auion Fwd akng With f¥181 kxzl Pok¥NI Cr•JKa. Foodbank the rwyof thn8te lty)d wularfy )r. er. 9Nt L%)n8bs supwrt the prryect. ¥nd GwBnlS tD Sups>rrfr ith ruea5ed dEmlI as 3 r?501 ts CL¥wa%wu5 wJerni¢ thF of i9 L$. FI1>4k co Thi5 Fund wa5 fteated tD receive 8rants¥i¥en specfficamffor Ha51iw Foodbank duri the Mronaviru5pandemK. FB Acls 43S Fund lo trac dcffjations given thrwJhfv5 toSuppryt¥e(8dSrflllU¥ cwirJ tough Fr4ban. ot support Indude apFdiAn )d Irnire e5. Phll Fuid crealed frrth donatirS 1¥¢ k) D•vooAh% the Phrfiwjines. nk This fund is d8n¥ed Ir ¢y)odfkls $WL?ficaty¥J suprNtknJ use thtrltyjjb• arhj We knts to be in urgertt need of svppm. SDElal This Fund was trÈaied to receiveyants iin specificaly fot Social Actiw diwthe cown•bTrus pandemic. SOCI Adion Gift D Thi$ fund was ueated to retsive d0nJlu frwi a lift D8yATr Fe20205PxrfrafyIO r•se sorial koje¢ts. Ghana Fund rx¢at¢d specifiGafyfrtyn a w¥)rt Ghw the rec¥Aert(c4hth )et to be ¢¢(Ad. CSL FU denved Ircffia Onerfo¢¢th S1¢811¥1 l¥es tyanswrt to Chjrch frwn St Leonard5 community. Cou$ihs Phili ines FurKI created loltoiw ¢Jonaètins rtised kn Supp ¥ larthttrChLth 10 the Phih"¥ies ts he pporn a Church plani4yJithe. Ukralne Fund created Irom a donalhin direotyior a Uknre. th)sed >tar. Wami S Fund created frryn a donalion diredtylowxdsC4Y arn Spa wierathatirx fund openBd th5ed ID il r. bank s The last Ok Llfunds are genwated frtyn 9f•iLY4rs gw in S¢1 ICb•nk. 10 hWIWta few. grnn This indwJe$ a V* wrthased thrgh the t)efra l¥anl.
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICOt4TIMUEO) FOR THE 12 MOIITHS ENDED 31 AUGUST2023 17 Deslgnatsdfunds.. ¢onwrIti fiqurn lorONiyrted Fw Baln¢e 1 Sept 21 Trafel5 Ban¢0 ¥t 31 ZO22 20.376 26.143 5.410 23.937 21,593 720 31.543 610 IB,573.CQ S.078 123.805 155.982 3.192 OnethfyfLs 110.3431 Funds Transfer Social Acii)n Sc¢i81 P¢c4ecrs Overseas rrAssh?n c3pilaVCLIige Buiinll devdrwmeoi Tith? on V8nves io% 59.86$ 8.981 10.sn 6.078 123.793 164.307 729 128.322} 4.8Tr) 13,424 125.5961 16.IKOI 5.0 12 I8,3) 422.762 3&592 [36.1441 137,1731 385.038 Thestr are dwnai8d funds Tnee$ p8th)knr4wpises. Resourv expended Transfer% 1 Sept 22 31 I91181 2D2J RelierOLF Qne.oifGills 23.937 21.599 12.925 115.668 118.7351 P.0321 11.2WI 131.5431 112.3531 18.125 109.285 1.200 50.950 5,157 28.573 18531 97,$49 137.183 (25,99Jl 1.6P4J $0,99J 11,6BOI 10,orMJ 5,069 12fj,7021 (20,OWI 15.0691 FurvtsTiansfBr 31.93 610 18.573 5.07B 123.805 155.982 3.1¥2 18580 Soual Prqect5 Ov*tsea$ missi caUC0nnCY iwing development Tilhe on vu¢$ 111.WJl 446 1.201 1.877 £ 385.038 £ 150.697 £ [16.8631 £ (11.7021 £ 447.170
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE 12 MONTHS ENDED 31 AUGUST2023 17 0•8Syn•tsd l¢•rrttThudl: The pvrpose of ea¢h de&9naied is as ReWellCOLF This fund exists to wthide relief lor the and needywthn Ihe felwwp. the fu)d h8S ten Ir0ea ki Ihe arO rellECt an antPted clsed nEed in IwJh¢ ofthE CO of k4ing ¢yiw5. Ont4)11 Gifts This fund wa5 creaw fvcrfn Ydwious e I¥0ff dcOn$. Fund ¥0¢>allY for SUkV)fling vatws ilhkTr and hxal area. Fund ueaied lh the wrp05e of cLweFry fuiure costs assocted ¥w#b FY2024 cluding cost of Intern and tran51er Irom fuod 10 s¥>1 Soclal Acli Pund spÈtsfi¢ally lor S¢Xial actth stsff casts. Relect. CAP. re5el¥Effienl and TLG. IPro Created from Ihe tran5ferofw>ar rela¥ Hasiwws Yr&YJ Ltd kn 5Uf4Vt Pmjects. rseas ffllsslon Anotherfund ueated tya tithe from the &JifdiThJ ld. V4il in are w(r abroad, paIarfYio thurth pkntino mission. ftaVCoMin Oryinating from staff thang85 in 2010 r85uVing in rtthLd ¢J)sts. ha ten adOtrJ ioty bu¢Jwr•Y savings lo provide a CashfiV re5oufLZ 3r¥J ID c051$ 8rwkndeveh)wenis. This lund was eslabI5hed the acqui&bon and refurts5knenl of prLVty 85 The H8Sbng$ Cenwe". s ongoing use 15 repated lo the ithj Lwd8fty suitable rceS ftythe C¢ynrThJnity. Venu lund CIL in ihe ypar.
THE HASTINGS COMMUNITY TRUST NOTES TO THE ACCOUIITS (CONTIMUED FOR THE 12 Mopmis ENDED 31 AUGUST2023 T(thi FuThl bA&nC w131 gUSt 2or4¥e pwnted by. Taryib fixed asMts CurrBnt assets ." amountsfal¥rq due 1.711170 n3 1.71117• 771011 447.170 (8&QQSI 1551M55> 1$51.SS¥ £1.112392 E 447.170 2M.Q56 E 1.147.528 T•t•l nd¥ m• •nd •nd c$tir ond legKies CharitsbleAthbe5 tring Iv85tyTrerts 4J7M42 10.457 14Q.716 41•.716 67 £ tt•.r £ 1.134.536 ft¥iyng Funds Chur¢h Communty Miss 4W.fj74 179.062 15.41) 1.1S7 74.42• 111J63 T•l•l ¢hwlt•bl¢•y•¢ndttrJw .171 X144 291. 1.710 144 291.$34 1259.438 1.472 16.9751 124,90 Trnnsf8rsbeMB8n 141 137.1731 37.72$ 124,902 Pund balances * 31 Auw2021 £ 1.141916 £ 422.762 £ J¢AY20 É 1.4746 Fund ba1CS al 31 uJust 2022 É Jssm• t 1.749.706 31