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2023-12-31-accounts

REGISTERED COMPANY NUMBER: 03874727 (England and Wales) REGISTERED CHARITY NUMBER: 1082024

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

McCabe Ford Williams Chartered Accountants Charlton House Dour Street DOVER Kent CT16 1BL

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 14
Detailed Statement of Financial Activities 15 to 16

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023

TRUSTEES L Tully R J Wilson (resigned 14.2.23) A Monaco C A Barrett (appointed 26.6.23) (resigned 7.4.24) S Inglis S L Groombridge (appointed 20.12.23) T D E Stoddart (appointed 12.12.23) COMPANY SECRETARY Mrs A Burton REGISTERED OFFICE St. Radigunds Community Centre Poulton Close DOVER Kent CT17 0HL REGISTERED COMPANY 03874727 (England and Wales) NUMBER REGISTERED CHARITY 1082024 NUMBER INDEPENDENT EXAMINER McCabe Ford Williams Chartered Accountants Charlton House Dour Street DOVER Kent CT16 1BL

Page 1

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

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 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To improve the conditions of life of the inhabitants of St Radigunds ward in Dover without distinction of political, religious or other opinions by the provision of facilities for charitable services, recreation and other leisure time occupation.

To the furtherance of the charitable work of the charity by the advancement of such other charitable purposes as the Trustees shall from time to time decide.

Significant activities

2023 was a year of scaffolding and solicitors as the charity was able to use the land transfer funds received last year for overdue repairs to the roofs, drainage and insulation, and to review and refresh all its leases, licences and land registry. Private hire remained steady reflecting 2022.

Our highlights for the year were:

-Installation of a 44kw solar array on the main roof.

-Replacement of the gas underfloor heating in the main hall with infrared heating panels.

-Leasing of the 1st floor office space to Chameleon Care Company.

-Signing an agreement to manage the admin and bookings for Buckland Community Centre.

-Welcomed 2 new Trustees.

-Social value contract to clear unused green space for community use delivered by Colas Ltd.

-Art projects funded externally to deliver a stunning optical illusion and a colourful mural onsite. -Corporate reputation now delivering twice the bookings, up to 34% to fund more free activities.

-A new seniors Youth Club, running fortnightly during term time is introducing them to new experiences and overseen by volunteers.

Our strategic aims for 2023-24 were as follows: -Provide more youth opportunities -Deliver skills to the community

-Support Families into work

Public benefit

The Trustees confirm that they have complied with their duty as prescribed in the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit.

FINANCIAL REVIEW

Financial position

Charity policy aims to maintain a sufficient level of reserves are in place to ensure the delivery of services. Income for the year £74,641 and expenditure was £226,994 making overall net expenditure for the year of £152,353. Total reserves held at 31 December 2023 were £1,214,586 (2022 £1,366,939) of which all of this is unrestricted (2022 £1,359,662 unrestricted and £7,277 restricted).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a charitable company limited by guarantee and was was set up in November 1999. Its updated constitution was adopted in October 2018.

If the charity is wound up, each member of the is liable to contribute to the assets of the charity such amount (but not more than £1) as may be required for payment of the debts and liabilities of the charity contracted before that person ceases to be a member, for payment of the costs, charges and expenses of winding up, and for adjustment of the rights of the contributing members among themselves.

Page 2

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

All the directors of the charity are also trustees of the charity, and there are no other trustees. All of the trustees who served during the period are named under the reference and administrative details.

There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.

The board of trustees has the power to appoint trustees as it sees fit. Every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.

In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

The charity is organised in such a way that trustees meet regularly in order to manage its affairs whilst day to day responsibility is delegated to the centre manager, Susan Jones.

Decision making

Any decision may be taken either: at a meeting of the charity trustees; or by resolution in writing or electronic form, agreed by all of the charity trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to each of which one or more charity trustees has signified their agreement.

Induction and training of new trustees

The charity trustees will make available to each new charity trustee, on or before their first appointment:

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees review the risks which the charity faces through its risk register which is reviewed periodically.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................

Mrs A Burton - Secretary

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST. RADIGUNDS COMMUNITY CENTRE COMPANY

Independent examiner's report to the trustees of St. Radigunds Community Centre Company ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report

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

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

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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

Jonathan Fullarton BSc(Hons) FCA

McCabe Ford Williams Chartered Accountants Charlton House Dour Street DOVER Kent CT16 1BL

Date: .............................................

Page 4

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Community Centre
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
Charitable activities
Community Centre
Governance costs
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
16
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
433
2,364
58,571
2,932
64,300
6,055
217,218
1,710
224,983
(160,683)
15,607
(145,076)
1,359,662
1,214,586		 Restricted
funds
£
771
9,570
-
-
10,341
-
2,011
-
2,011
8,330
(15,607)
(7,277)
7,277
-		 2023
Total
funds
£
1,204
11,934
58,571
2,932
74,641
6,055
219,229
1,710
226,994
(152,353)
-
(152,353)
1,366,939
1,214,586		 2022
Total
funds
£
726
68,564
57,581
338
127,209
4,541
131,569
2,539
138,649
(11,440)
-
(11,440)
1,378,379
1,366,939

The notes form part of these financial statements

Page 5

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

BALANCE SHEET 31 DECEMBER 2023

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Stocks
13
Debtors
14
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
1,133,338
2,000
5,820
75,860
83,680
(2,432)
81,248
1,214,586
1,214,586		 Restricted
funds
£
-
-
-
-
-
-
-
-
-		 2023
Total
funds
£
1,133,338
2,000
5,820
75,860
83,680
(2,432)
81,248
1,214,586
1,214,586
1,214,586
-
1,214,586		 2022
Total
funds
£
1,124,252
1,835
2,285
240,795
244,915
(2,228)
242,687
1,366,939
1,366,939
1,359,662
7,277
1,366,939

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 6

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

BALANCE SHEET - continued 31 DECEMBER 2023

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 ............................................. and were signed on its behalf by:

.............................................

L Tully - Trustee

The notes form part of these financial statements

Page 7

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

St. Radigunds Community Centre Company, a company limited by guarantee, is an incorporated charity registered in England. The charity's registered numbers, principal address and nature of operations can be found in the Reference and Administrative Details on page 1.

The financial statements are presented in sterling which is the functional currency of the charity.

2. 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.

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Income from trading activities includes income earned to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Income from grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

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

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

continued...

Page 8

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Tangible fixed assets

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property 2% Reducing Balance

Fixtures and fittings 18% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. DONATIONS AND LEGACIES

4.

5.

Donations and legacies
OTHER TRADING ACTIVITIES
Hall hire and other services
INVESTMENT INCOME
Deposit account interest		 2023
£
1,204
2023
£
58,571
2023
£
2,932		 2022
£
726
2022
£
57,581
2022
£
338

continued...

Page 9

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

6. INCOME FROM CHARITABLE ACTIVITIES

Activity
Grants
Community Centre
Tudor Trust
Youth coordinator grants
Age UK grant
Dover District Council hospitality grant
Dover District Council solar panels grant
Dover District Council other grants
Dover Town Council grants
Kent County Council grants
University of East Kent grants
SUPPORT COSTS
Community Centre
Governance costs		 Other
£
33,783
-
33,783

7. SUPPORT COSTS

8. NET INCOME/(EXPENDITURE)

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

Depreciation - owned assets
Independent examiner fee		 2023
£
32,097
1,350		 2022
£
25,680
2,538

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

continued...

Page 10

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

10. STAFF COSTS

Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Centre manager
Centre assistants
Centre cleaner
No employees received emoluments in excess of £60,000.
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
726
Charitable activities
Community Centre
54,880
Other trading activities
57,581
Investment income
338
Total
113,525
EXPENDITURE ON
Raising funds
3,891
Charitable activities
Community Centre
125,812
Governance costs
2,539
Total
132,242
NET INCOME/(EXPENDITURE)
(18,717)
RECONCILIATION OF FUNDS
Total funds brought forward
1,378,379
TOTAL FUNDS CARRIED FORWARD
1,359,662		 2023
£
60,178
1,957
62,135
2023
1
2
1
4
Restricted
funds
£
-
13,684
-
-
13,684
650
5,757
-
6,407
7,277
-
7,277		 2022
£
47,832
1,601
49,433
2022
1
4
-
5
Total
funds
£
726
68,564
57,581
338
127,209
4,541
131,569
2,539
138,649
(11,440)
1,378,379
1,366,939

continued...

Page 11

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

12. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1 January 2023
1,618,722
Additions
-
At 31 December 2023
1,618,722
DEPRECIATION
At 1 January 2023
508,216
Charge for year
22,210
At 31 December 2023
530,426
NET BOOK VALUE
At 31 December 2023
1,088,296
At 31 December 2022
1,110,506
13.
STOCKS
Stocks
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
16.
MOVEMENT IN FUNDS
Net
movement
At 1.1.23
in funds
£
£
Unrestricted funds
General fund
1,359,662
(160,683)
Restricted funds
Youth Coordinator
4,905
(240)
Solar panel grant
2,372
8,570
7,277
8,330
TOTAL FUNDS
1,366,939
(152,353)

continued...

Page 12

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Youth Coordinator
Solar panel grant
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Youth Coordinator
Solar panel grant
TOTAL FUNDS		 Incoming
resources
£
64,300
1,771
8,570
10,341
74,641
At 1.1.22
£
1,378,379
-
-
-
1,378,379		 Resources
expended
£
(224,983)
(2,011)
-
(2,011)
(226,994)
Net
movement
in funds
£
(18,717)
4,905
2,372
7,277
(11,440)		 Movement
in funds
£
(160,683)
(240)
8,570
8,330
(152,353)
At
31.12.22
£
1,359,662
4,905
2,372
7,277
1,366,939

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

Unrestricted funds
General fund
Restricted funds
Youth Coordinator
Solar panel grant
TOTAL FUNDS		 Incoming
resources
£
113,525
11,312
2,372
13,684
127,209		 Resources
expended
£
(132,242)
(6,407)
-
(6,407)
(138,649)		 Movement
in funds
£
(18,717)
4,905
2,372
7,277
(11,440)

Restricted Funds

The Youth Coordinator grant was to provide for the recruitment and salary of a youth coordinator based at the centre. This position was filled, and the balance of the fund has been released to the general fund.

continued...

Page 13

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023

16. MOVEMENT IN FUNDS - continued

The solar panels grant was to help towards the installation of solar panels at the centre in 2023. During the year the charity spent £28,500 on the solar panels and these have been capitalised within fixed assets. The fund has therefore been released to the general fund.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Page 14

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations and legacies
Other trading activities
Hall hire and other services
Investment income
Deposit account interest
Charitable activities
Grants
Total incoming resources
EXPENDITURE
Other trading activities
Opening stock
Other direct costs
Closing stock
Charitable activities
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Repairs and renewals
Depreciation of tangible fixed assets
Support costs
Other
Subscriptions
Cleaning
Advertising and PR
Bank charges
Staff training and welfare
Legal and Professional fees		 2023
£
1,204
58,571
2,932
11,934
74,641
1,835
6,220
(2,000)
6,055
60,178
1,957
658
3,843
16,217
699
436
69,361
32,097
185,446
1,437
1,069
208
472
1,521
29,076
33,783		 2022
£
726
57,581
338
68,564
127,209
-
6,376
(1,835)
4,541
47,832
1,601
579
3,485
11,250
651
665
19,313
25,681
111,057
1,309
808
254
410
1,147
16,584
20,512

This page does not form part of the statutory financial statements

Page 15

ST. RADIGUNDS COMMUNITY CENTRE COMPANY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Other
Governance costs
Independent examination
Total resources expended
Net expenditure		 2023
£
1,710
226,994
(152,353)		 2022
£
2,539
138,649
(11,440)

This page does not form part of the statutory financial statements

Page 16