TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..488ST (Lrrc +110 111 P 1146 Registered number: 3998851 Charity number: 1082243 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..498ST (Lrrc +110 111 P 2146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) CONTENTS Page Roference and administrative details of the company. its Trustoes and advisers Trustees. report 3-18 Independent auditovs report on the financial statements 19-21 Statement of financial activities 22 Balance shoet 23 Statement of cash flows 24 Notes to the financial statements 25-43 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..498ST (Lrrc +110 111 P 9146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDEO 30 NOVEMBER 2020 Patron SCM Hunt Trustees J Unsworth, Chair S C M Hunt Iresigned 10 June 2020} G Durrant, Treasurer P Phipps J Austin P Hulme S Jay. Secretary L Reilly T Stares Company registered number 3998851 Charity registered number 1082243 Registered office The Community Furnrture Project INewburyl Unit F, Hambridge Road Industrial Estate Bone Lane Newbury Bertshire RG14 SSS Company secretary S-A Jay Senior managernent team G K Hughes, Chief Execub"ve D Linneman, Finance Manager (until 25 September 20201 J Exelby, Finance Manager Ifrom 4 January 20211 C Newman, Project Manager- Community Furniture Project (Newburyl P O'Hagan, Project Manager- Community Furniture Project IBasingstoke} J McKay, Project Manager- Training & Community Support S Chapman. Project Manager- Growing2gether Project Indepondent auditor James Cowper Kreston Chartered Accountants and sL￿UtOry Auditor 2 Communications Road Greenham Business Park Greenham Newbury Berkshire RG19 6AB Page 1 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..50 BST (Lrrc +110 111 P 4146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS {CONTINUEDI FOR THE YEAR ENOED 30 NOVEMBER 2020 BankeTS Lloyds Bank plc 5 Bridge Street Newbury Berkshire RG14 5BQ Solicitors Gardner Leader Solicitors White Hart House Mad(et Place Newbury Bert(shire RG14 5BA Page 2 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..50 BST (Lrrc +110 111 P 5146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 NOVEMBER 2020 OBJECTIVES AND ACTIVITIES CHARITABLE OBJECTS The Charitable objects of the organisation are.. The support of person5 who are in need by reason of their youth. infirmity. disablement, poverty or social and economic circumstances in parbcular, bul not exclusively. by providing re-used fumiture and household goods to support independent living. The support of people wqth special needs or at social disadvantage in particular by the provision of training and work opportunities. To advance the educatson of members of the general public. particularly in enviTonmen*al matters. To promote the consetvalion, protection and improvement of the physical and natural environment for the public benefft by promotion of sustainable waste management practices including waste minimization, reduction of pollution and harm from waste, reuse of waste. recycling of waste and waste recovery activities. MISSION STATEMENT 'The NCRC helps local people by prowding furniture, household goods, training and Ser￿￿S lo support independent and sustainable living. We help people to develop work and So￿al skills. and encourage environmentally beneficial aGtivities by promoting rtrGycling and re-use.. PU8LIC BENEFIT The Trustees have complied wth the duty in section 17 of the Charits"es Act 2011 to have due regard to public benefit guidance published by the Charity Commission. The company is a registered charity whose principal objects are - al providing re-used furniture and household goods lo relieve those in need by reason of povety, social or economic circumstances. youth, disabill(y or infimiity., b) Providing training, work and volunteering opportunities, particularly to those with special needs, or at a S￿la1 disadvantage, and cl promots'ng conservation and protection of the natural environment, through our sustainable waste management practices. our environmental projects and through educating the general public. ACHIEVEMENTS AND PERFORMANCE COVID 19 During the first quarter of the year activities were delivered in line with the chartys existing plans and all key perfomiance indicators were being met. The disruption to social and economic life bought on by the Comd 19 pandemic necessitated an immediate and radical change to the methods by which the charity delivered its charitable objects. Using its long-standing partnerships Mqlh local authorities, charitable organisations, schools and local communities, the charity quickty became involved in the setting up of Community Hubs to meet the immediate challenges being faced localty. The NCRC repurposed its various human and logistic assets lo ensure that in all ways possible Ihe beneficiaries are normally supported would continue to be so. Page 3 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..51 BST (Lrrc +110 111 P 6146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 The NCRC'S primary activits'es throughout the p￿deMiC have been focused on the delivery of essential household goods, focKJ, practical and emotional support, as well as the conts'nuation las far as it has been ssiblel of all rts nomial activities. 'Normal' activities continued to operate where permitted under the various regulations that were brought in by Govemment. Budgets and financial forecasts for income. expendilure and cash flows were revised and a series of scenarios developed based on a possible closedown of trading activities of between ￿ weeks and six months. During the planning prO￿$s, a number of Govemment financial support initiatives were launched and these were factored into the planning. The NCRC accessed the following support.. Job Retention Scheme- whereby the charity initially furloughed 39 of its 50 staff. wlh 800kn of their salaries being met by Govemment and the balance mel by the NCRC. The number of staff who were active varied throughout the year depending upon the level at which activities were permitted under the Covid regulation5. Bounce Back Loans- the NCRC took out a £50,000 loan under the terms of this scheme. Retail, Hospitality and Leisure Grant- the NCRC received nuTnerous grants under this scheme. Local Restriction Support Grant and Closed Business Supwt payTnent In addition to the above funding, additional monies were received from a number of grant making trusts to support the NCRC'S Covid 19 response. These grants direcuy funded the charl￿5 food distribution. essential )usehcJd goods service and support for vulnerable adults. Sales income forecasts for the year were amended lo reflect the impact of the lockdown and subsequently rovisod to includè projoctod incom• whon fvrthor r8Strictions woro imposod. In totsl 37% 1111 days) of tho expected trading days were lost in the course of the year due to the closing of'non-essential, business. In more nomial times. the various projects operated by the NCRC deliver a wide range of social and environmental benefits. As reported above, despite the impact of the Covid 19 pandemic, the charity accomplished a number of notable achievements during the year. Working in a series of patherships wyth local authorities and voluntary sector organisations. the most notable being the West Berkshire Community Hub, achievements included.. Meeting the demand for the provision of household gc￿5 by those in need and support for vulnerable people to engage in supported training and volunteering aclivtties. We had 97,199 customer vi511s to our projects la decrease of 29.64%). and supplied 22,580 indimduals and families Mqth essential household items la decrease of 25.71 %)- 393 people were involved in training and volunteering opportunities over the course of the year of which 174145%) required Va￿ng levels of personal support. This large drop of 66% in the number of people engaged over the year was due the impact of the pandemic. During the reporting period we maintained the range of seNices provided lo support vulnerable members of the communities we work in. This included sport and recreational opportunities in mainstream sports such as f(>￿ball and cricket. Football proved particularly popular (when allowed) amongst adults with loaming disabilitios who playod as part of a t•am in a compotitivo laaguo Structuro. We continued to maintain excellent partnerships with national and international fumiture and household goods retailers. With the increase in online sales by these companies, we continued lo receive a supply of surplus stock as well as customer returns. The goods received through these partnerships provide not only opportunities for volunteers to undertake accredited training in warehousing. fumiture repair and construction. but also sUPPOrted employment positions. Page 4 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..51 BST (Lrrc +110 111 P 7146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 The NCRC provided supported employment opportunities lo adults wth learning disabilities andlor mental health issues using our 5 Step approach. This was supported with funding from Wesl Berkshire Counc¢l until March and thereafter from NCRC'S self%eneraled income. In common with all other aclivrties, there was an overall reduction in the number of sessions delivered during the lockthwn Feriods. We also continued to deliver a scheme aimed at overcoming social isolation for vulnerable members of the local community by enabling them to engage in the wde variety of activities delivered through our projects. Funding for this. Mthich had previously been received from Wesl Berkshire Council. was continued using self-generated income. The Essential Household fs)ods Scheme IEHGSI operated by the charity c￿ll1nUed to provide a vital lrfeline for those most in need, wilh demand for its seNices hugely increasing as a result of the pandemic. Whi15t the NCRC ha5, for many years, provid8J a small number of emergency focll parcels to families in need, the pandemic again drove a step change in demand and activity levels. Yet again building on existing partnerships Mqth Fareshare and other food providers, the NCRC established hubs to distribute food through its Training and Community Support Project IT&CSI and the Community Furniture Project {Basingstokel. We continued to work with local schools, providing them Mqth an enhanced allemative cutTiculum programme for young people outside of mainstream education due to behavioural or emotional problems. Pupils, all of ￿0M are vulnerable, continued to attend throughout the lockdown peri¢xls. Tho Givo and Take montoring projoct run by T&CS continued to focus on intergonorational support between young and older males through delivery of alternative curriculum activities. The project remained in operats'on, albeit at a reduced level due lo the restiictions. The NCRC is wholly dependent on the hard work. dedication and commitment of its volunteers in carrwng out its work in the community. People participate in NCRC volunteering and training activities for a wide range of reasons and motivations and therefore classfying the status of their involvement changes over time. As stated below, the relationship with many volunteers changed dramatically as a result of the pandemic. Staff had to provide on-going and personalised support to mally volunteers who struggled their mental health as a result of the fear and isolation they were experiencing. During the reporting year, volunteers donated 52,275 hours of their lime. This is a fall of 42.02% over the previous year due to the reduction in the number and range of activities that could be run due to Cowd restn"th"ons. The reduth.on was most pronounced in our work wth schools and corporate volunteer groups. We could not, of course, operate Mqlhoth the generosity of the Greenham Trust, the thousands of people who give us items for re-use and the many granl-making INsts, companies, organisalions and indimduals who. with their generous donations, enable us lo provide a range of services that benefrt those in need in our local communty. Community Furnituro Project (Newbury) The Project's much-used furniture and household goods re-use setvice. together with its livety volunteering opportunities, continued lo operate despite the additional challenges. Our Project enables people to donate items knowng that they Mqll be put lo good use in helping other5 to improve their living conditions and benefiting the m05t vulnerable members of our local community. Page 5 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..52 BST (Lrrc +110 111 P 8146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 During the year, we had 82,276 customer visits to the project, supplied 17,653 individuals and families with essents'al household items, Teceived 7.483 donations and diverted 254.25 tonnes of material from landfill. It has been a continuing theme since the creation of the project that the mosl vulnerable people assisted are those who are previously homeless and trying to set up home having secured accommodation, or else victims of domestic violence who are also trying lo restart their lives, or people who. due to mental health issues, live chaotic lives. The arrival of the pandemic exacerbated the problems these people face even further. Staff and volunteers ensured that throughout the year. those in most urgent need were supported with the essenlial goods they needed in a timely, friendly and effiaent manner. Many cases, including those who needed all items of fumiture. electrical and househc4d goods to set up home. had thw'r needs met wthin an hour of the request being received. Forty two people engaged in training and volunteering opwrtunities at the project, contributing a total of 8.132 hours of their time. VolLtnteer5 ranged in age from 14 10 91. Case study- Tackling social isolation during lockdown CFP Newbury has ahvays been run like a family and welcomes volunteers from all walks of lrfe. The team is made up of staff members and volunteers. several of wthom face challenges such as chronic physical illness and serious mental heahh problems such as anxiety, depression, bipdar disorder and schizoFthrenia. Helping in the shop [￿VIdeS a safe. interesting and fun environmenl that distracts them from their mental and physical health thallenges. The Icckdown period5 this year have been especially difficult for these volunteers as wth the c105ures of the shop, they lost their communrty. their strUc￿re and their sense of purpose. Many have ￿en struggling with feelings of loneliness, Isolation and depression. Throughout the lockdowns, the CFP Project Manajer has kept in regular contact the volunteers, via phone calls and social media, lo help them lo feel connected and valued. The Project Manager commented top of th8 day-to-day wnning ofthe shop. a large part ofmy mle is supportin9 my staff and volunteers. After a y6aroflockdowns this part ofmy role is now aven more important than ever. Together, every single voluntser helps to makes the Fumiture Project the Iwely. intere5bng and cheerful place that we are known b be - and we all counting dovvn the days until we can be back together and do what we do best.- The project continued lo coordinate all the NCRC'S logistics activities and Covid response wthin West Berkshire, including operating the EHGS scheme. In addition, il also managed and coordinated activities with the major fumiture retailers that supwt the NCRC. The EHGS Scheme operated by the project is the only recourse for assistance for those in our local community who are most in need of the essentials needed to set up and maintain a safe home. Due to the Covid 19 pandemic, the scheme saw a 3301k> increase in dernand, leading to nearfy 70QA of the annual budget of £35,OCHJ being expended Mqlhin the first eleven weeks from the 1st of April 2020. The additional demand arose out of the incTeased number of homeless people being placed in pefmanenl accommcKJation. viclims of domestic violence being resettled, vulnerable elderly people being identified through fo￿1 provision and families in financial distress. Additional funding of £40.559 was generously provided during the year through the Greenham Trust Coronavirus Emergency Fund. Page 6 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..538ST (Lrrc +110 111 P 9146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 Sample cases of people and families assisted throu￿ the EHGS." The partnerof a young mother was killed in a road tfftffic a¢￿dent at start of lookdown. Due to Covid 19. she was unable to get the usual support forherselfor her children. She had lost his wage, and even wkh benefits, she was swnificantly worse off. She was supported with a cookerand fridge to replace items that had broken. A disabled lady (on PIP and Income Support) WI￿ also Suffe￿ from PTSD andhas absences and seizures was supplied with a cooker as well as a divan bed (as the bed she had caused injuri8s when sh8 had seizures). A young woman and her sister wera bein9 SUPlX)rted by Children's SeNices after they had fled domestic violence. They only had a king size mattress and a cot mattress, with which they slept on the floor. They were supplied with beds and bedroom furniture for their temporary accommodation. An unemployed young man who prevAously had been 'sofa surfing'and had no poSsessA￿S beyond some clothing was equipped with the essential items needed to set up home in a flat. A single parent mother who had recenty moved afferbeing housed in temporary housing forjust under three years was supported with beds and other fumiture. Her Children had great diffi¢uty adjusting to the move just before the Covid crisis and subsequent lockdown. The mothers priority, naturalty, was keeping the children fed and clothed, which had seen the familys old second-hand fumiture finally litgrally fall part. The Covid cri&s had resulted in additional anxiety and stress for the family as they were Sponding moro tim• in their homo. It was r•portod by th• Social Workor that mgoting this familys basic needs thmugh the EHGS grant had prOv￿ed a wealth ofcomfort during such dnTicult times. A gentleman who had been homeless on and off fora long time was being temporanly I￿￿Sed in a hotel due to Covid 19. He is in a wheelchair and has a number ofdisabilib&s. He was equipped with all items needed forhim to take up a tenancy in a flat. A gentleman who had just come out of hosKxtal into his own tanancy and had nothing except his cloth8S was supplied with all the items n&ed8d to make the premis&s into a hom&. We sUPPOrted an older gentleman who has long-standing mental health issues and ha5 suffered with anxiety and depression since childhood. He takes a lot of medication to combat this but this affect5 his level of abilty to function. He also suffers sleeplessness, so takes medicab.on to try and overcome this but this causes heavy sedation. He was SleeP￿g on an old mattress on the bedroom fioor so in support of trying to improve his sleeping condit￿nS and hygiene, we supplied a bed, mattress and all bedding he required. We were asked to deliver a foodparcel by a concemed neighbour. only to find the gentleman refusing t17e fresh. dairy and frozen items as he was unabl8 to store or cook them because he did not have a cookor or fridg• (or ineid•ntally a washing maehin•). Hg only had a small microwavo. Thg gontl•man. who is in his 80s, has mental health issues and was initially reluctant to accept any assistance. We established who his care provider was, WI￿ infonned us that although he wanted the items, he found it hard to mak& dacisions. Folk)wing a series of thats, with NCRC staff, he agr8ed that it would be much b6rter for him to have a properly equipp&d kitchen and notlive on an almost exclu&ve diet of sandwiches. We continue to visit him weekly. Page 7 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..538ST (Lrrc +110 111 P 1W46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 We supplwl a young woman and her three children with all the items needed to set up a home as they moved from a hostel into a permanenf home after Ihree years. A young woman who had been sofa sun7ng' for many months secured a property through Housing Options and was supplied with all items needed to set up home. A woman with five ¢hildren was supported in her move from a ¢aravan into a two-bedr1￿M propety. Bunk beds were required due to the small space available to accommodate all the children. We SUppl￿d a couple with children with a cooker as the family was benefits-dep8nd8nt as one partner hadjust bean made redundant from the hospitality industy dua to the impact of Covid. Through membership of the West Berkshire Community Leaming Partnership and West Berkshire Learning Di5abiltty Partnership, we are able to contribLrte to a number of important local issues and deliver practical solution5. Community Furniture Project (Basingstoke) The Project, like the Newbury Project, provides pracfical support for people through fumiture, household goods and appliance re-use, Ic•Jether wth varied volunteering, supported volunteering and accredited training opportunities. The Project had 14,923 customer wsits through the door (previous year 34.7591, supplied 4,927 individuals and familios with 0s9ontial housahold items Iprovious yoar 9,857}, rocoivod 3,967 donatsons Iprovious yoar 5.4281 and diverted 194 tonnes of material from landfill (prewou5 year 2711- From the beginning of the first lockdown, photos were taken of all the remaining stock. Custrmers were advised, via our Fo￿bOOk page and notices on the front door of the shop. that if they called or emailed, we could send them the photos and provide a 'click and collect, seryice for purchases. Eighty nine people engaged in training and volunteering opportunities at the Project over the c￿r5e of the year. This was a massive reduction from the 442 who participated in the previous year. The introduction of the first lockdown ￿inCIded with the planned annual COM￿enCernenI of a large Series of volunteering and training events. The majority of the volunteer5 who were scheduled to participate were required to self-i501ate due to their Vulnera￿lity or were from schools who cancelled all external activities. Those who were able to participate during the year did, however, including 50 volunteers wqth high support needs who undertook a range of training and volunteering roles such as furniture repair, warehouse operations, bicycle repair and retail acb"vilies. In total 10,349 hours of volunteering was undertaken during the year. The Project has a strong focus cm working wth yourKJ people facing a range of personal challenges. As repcmtted above, this was severely curtailed during the yeai due to the restrictions in place. Nonetheless. through a combination of remote and face-to-face sessions, we continued to provide accredited leaming and employability support throughout tho year. In all, dosplto tho chaI￿n90$, 13 voluntoors wor• assistod back into omploymont. The project is largely delivered by volunteer mentors. During the lockdowns we worked closely with local Housing Associations to support those most in need. This included fumishing a total of 16 flats, so that homeless people could be housed. When restrictions allowed, the Youth Mentoring project continued to support vulnerable young people to engage in a range of activities. wth by far the most popular being bicycle repair and maintenan￿. Participants also undertook accredited training in reupholstery. w0)￿ork and electrical repair, supported by our team of dedicated and skilled volunteers. Page 8 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..54 BST (Lrrc +110 111 P 11146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 The mental health drokFin Ser￿￿, which provides opportunities for people with mental health issues seeking to move into volunteering, along with the Job Club to support people wth disabilities, continued to operate, albeit with much of the support being provided remotely via WhatsApp groups. Case study- Boosting the selfaconfidence of a vulnerable volunteer PM has volunteered wth GFP Basingstoke for over 10 years. He has a history of ￿ntaI heaflh problems and struggled lo find a niche for himself at first bu¢ he always felt relaxed when he was volunteering there. He fett he was in the company of pecple who understocrfj him. The Coronavirus Ic¢kdowns have proved difficult lor a lol of CFP Basingstoke's volunteers a￿1 PM was one of the vc4unleers the team were most concerned aboul. Al the kginning of the first lockd¢)wn period, PM started posting pictures of arNvork he had painted on his Fa￿book page. He had onty recenuy started to paint but his work showed a real talent. Having been impressed by his work and wlh con￿rn for his mental health in mind, CFP Basingsloke's Project Manager asked PM rf he would like to painl a mural in the shop. He was very keen and was able to come and go as he F4eased as the premises was empty during lockdcwn. His enthusiasm led to five murals being produced, each one depicting a different Basing5toke landmark. Images of the murals appeared on his Facebook page and slowly he began to gel a few more commissions. CFP Basingstoke provided PM with the opportunity to develop his new found skill and helped to pr￿te him through their connections in the local area. As a result, PM has now been asked lo paint a mural in the ne￿Y extended psychiatric hosprtal %there he was once a patient. CFP Basingstoke has also offered to host an evening exhibition of his work as part of the next Basingstoke Arts Festival. PM has found a new lease of life and his self-confidence has been boosted through his arfftrk. He has inspired other vulnerable volunteers to develop their artistic talents too. Several volunteers are painting pictures whilst shieldirKJ at home. which will te displayed in the canteen area of the shop when they are *)le to retum. The Project continued to participate in the Fareshare scheme, operating as a hub for charities in Basingsloke and Deane by receiving weekly deliveries of surplus food from the Fareshare operator in Southampton and distributing il lo eight charities in the Borough. The Project also operates a fully equipped kf(chen, which allows the preparation of fresh meals daily and training for many participants in the project in basic cookery skills. From the beginning of the first lockdown, the project supplied food parcels, initially for volLEnteers to help them self- isolate. but it then grew exponentially, wth referra15 being received from Housing Associations, schools and local councillors. A total of 257 people were being assisted each week during the height of the demand during the first l¢xkdown. At the end of the reporting period, weekty food parcels were being provided for 139 individuals. During the year we worked in partnership with a wide range of organisations. including the Basingsloke Consortium (Referrall, Youth Oftending Team (Referrall, Communty Payback Hampshire IReferral), The Prince's Trust {Referrall, The Duke of Edinburgh Award Scheme IReferral}, BCOT IReferral}, BVA (Referral), Ashwocxl Academy (Referrall, Dove House Academy (Referrall, May Place (Referral). Leaming Disability Team {Referral}, Everest Community College (Referrall, Vivid Housing Association. Sovereign Housing Asswiation, City￿nS Advice Bureau, Veolia. Serco, Fareshare, Community RePaint, Supporting Families, YMCA Basingstoke, Hopkins Waste Management, Hampshire Reuse Forum, Advance Supported Housing. Wessex Christian Fellowship, Community Food ￿nk Basingstoke, Elizabeth Fry (charity supporting women on license from prison), Two Saints, Environmental Projects and Waste Prevention Team and HCC. who ulilised our programmes supporting young people, people disabilities and the long tem unemployed. Page 9 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..54 BST (Lrrc +110 111 P 12146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 We continued to work in partnership with the Env¢ronmental Departments of Basingstoke and Deane Borough Council and Hart District Council. The Project delivers access to reuse services for their residents, predominantly through the operation of a bulky white goods collection serwce in both Council areas. The service was suspended during the first lockdown, which led lo a very large backlc>J having to be cleared. During subsequent lockdowns, the service continued on a strictly So￿allY distanced basis. Training and Community Support IT&CSI T&CS, based at Bone Lane in Newbury, focuses on the delivery of seNices for adults wth complex learning disabilities, people with mental health issues and young people nol engaged in mainstream education. SeNices include opportunities for individuals to learn practical. transferable skills and build relationships in a flexible, supportive environment. We seek to inspire them to'think big. in temis of what they can achieve. The Project continued to provide a range of opportunities for the most vulnerable members of our community to engage in supported volunteering. T&CS operates the woo¢thNork, fumiture, electrical and bicycle workshops that produce finished goods for the shop. In addition, T&CS also delivers a range of accredtted training courses, including forklrft truck training and cookery. Delivered in a supportive environment, these courses give oppothnilies to people who might not otherwse readily access training. In response lo demand, the project continued to provide a day service throughout the lockdowns. In addition, it also provided land continues to do sol phone support for families and carers and runs online chat groups to keep supported volunteers engaged wth their peers. As the first I￿kdOWn continued, what were inits'ally ￿N￿hoUr sessions at T&CS were expanded to full days. In addition, despite restrictions for most of the year, the Social Club, which project users can access, was in operab'on Mthenever possible. This is mainly an evening scheme and comprises of leisure actimties such as playing darts (including competitive matches against our Basingstoke Project), cooking. going bomding. or to the cinema and combining aclimtieslsports Mqth healthy living ideas. The Project also runs tyvo football teams that compete in the Berks. Bucks and Oxon Social Inclusion Fcx)Iball League as well as playing friendly matches against other local and regional teams. Our participants are predominantly adults and young people {aged 14-19} with leaming disabilities, adults with physical disabilities and adults with mental health issues. We work in partnership with organi5ations such as West Berkshire Training Consorbum. West Berkshire Council's Adult Services team, local GP practices and schools lo provide opportunities for these grryjps to participate in meaningful work experience, training and volunteering activities. When and where appropriate, integration of the above groups is encouraged as it leads to a more rewarding and cohesive experience. It also assists understsnding of many different peer groups_ Support is provided based on an on4Joing assessment of an individual's requirernents, wlh a focus on maximising independence. This may require 1..1 support on occasion {which we provide). In addition to the opportunities offered, the Project also operates transport that enables people to access the Project even from the most remote rural areas of the District, both during th• day and for ovoning ovonts. As well as the wide range of supported volunteering and training activities. T&CS also delivered the ROAR and Pulling Together schemes (see below}. The ROAR Project supports people leaming and physical disabilitie5 by engaging in countryside and environmental maintenance activities, such as footpath clearance. The ROAR group is responsible for keeping 96 footpaths across Wesl Berkshire clear of litter and obstruction from encroaching hedges and trees. In addition, the team also operate a rapid response service for West Berkshire Council to clear instances of low volume fly tipping. The Project is widely acknowtedged as an example of the posi*"ve impact people wth very complex disabilities can have in their community when they are well supported by trained and experienced staff and volunteers. As Nvilh all activities, the group's actiirylies were severely curtailed through most of the year. Page 10 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..5SBST (Lrrc +110 111 P 13146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 The Pulling Together user-led mental health group continued to provide a series of activities in different settings which enable people with mental health issues to take progressive steps towards returning to, or entering, a work environment. Activities are mostly member-led and include opportunities lo engage in arts and crafts. sports activities, social events and basic cookery. These sessions benefit from the inpul of an NCRC Mentoring Officer. In additson, people are able to access all the other training Opp￿initieS offered by the NCRC. Thirty-three Feople Mqth mental health issues engaged wth us during the year. The bicycle reuse project - Rebike - repaired and reused 346 bikes during the year. The project is ents'Tely volunteer-run and as well as supwrting volunteers disabilities. f( works Mith young people have been excluded from school or require additional support outside mainstream schooling. The project also supports a number of schools by providing bikes to enable pupils from more remote areas lo cycle to school, as well as bicycle maintenance training for junior school pupils. During the pandemic, a number of homeless people were placed in hotel accommcxlation by the local authorFty in order to isotate away from the centre of town. We supplied 32 of them with bicycles free of charge to enable them to access other serwces and appointments. We are also an AITT Accredited Training and Exarnination Centre for Fork Lift Truck Operation which enables us to support trainees in their progression into work. The Give and Take Project supports young men aged 14 to 24. The young participants can be broadty described as either being in PRUS, having been excluded from a Unit land not accessing any form of education) or ￿ing supported by Home Education {as they surrer from severe anxiety). In essence, we deal with the bullies and the bullied. We also work Mrith Young Offenders and those in foster care. Volunteer Mentors work alongside their younger colleagues lo assist them in developiig improved strategies for the conduct of their lives going fonward. Tho 'typical' Mantor is agod 45 85 and is oithor a ratirod tradesmanlprofossional or skillod enthusiasvhobbyist, wth the younger Mentors usually long temi unemployed and seeking to r&enter work. The Kitchenwise training kitchen provided opportunities for volunteers and trainees to develop independent living skills by producing a range of nutritious meals throughout Ihe week. Participants in Kitchenwse also assisted in the running of the Newbury Toy Appeal which is run in partnership with Swift Couriers. Over 300 families were supplied wth new Christmas presents generously donated by the public through collection wints at local supermarkets. A5 reported above, in response to the impact of the pandemic. the Training and Communty Support Project established a hub to distribute food. Three fomis of food support were offered= 1) Food parcels for indiwduals and families referred to us either by Statutory Agencies or the Voluntary Sector. We simply required that referrers confimi that the personlfamily was in need and that they had given ￿mil$s1on for their contact number and address lo be provided to us in order that we could call them direcuy. We then delivered a food parcel on the same day in most instances and then contacted the recipient weekly lo establish rf they requiroj a further parcel. 2) Direct referrals fr￿￿ members of Ihe public. either self-idenlifying or on beI￿lf of another personlfainily. Support was provided as in111 above. Where it was apparent that a personlfamily was in need of support beyond simply receipt of a food parcel. we contacted West Berkshire Council's Adult SLxial Care Department and relayed our concems. 3) Food was received from a range of sources that we have worked with over the past five years through our Kitchenwse project. most notably Fare5hare (which provided by far the bulk of goods distribuledl, Waitrose, Tesco, Aldi. M&S and the Cctrop. The bulk of the food we distributed was sOUr￿d through Fareshare, supplemented by purchases when required. On occasion we received large volumes of dairy items along Mqth other fresh produce (yoghurt, fruit juice, cheese, meal etc.). We made these surpluses available to other organisations and groups who were also dislribu*ing food. A proportion of what we received was in the fomi of catering packs, so it was best suited lo projects Mthich prepare meals {such as Fairclose, Loose Ends and the Soup Kilchenl. In order to ensure that we could make best use of these items, we hired a freezer and a refrigeraEed trailer to supplement our existing storage capacity. Page 11 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..5SBST (Lrrc +110 111 P 14146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 We purchased a 3.5 tonne refrigerated vehide in order to maximize the amount ol fresh food collected from Fareshare. We were then able lo deliver chilled food to other food distiibutors directly, thereby maintaining the ccy)I chain. We also distiibuted food from our Community Furniture Project in Basingsloke, which operates the Fareshare hub for the Borough. This food came from sO￿hamPton and usualty consisted of different items to those received in Newbury. Stock was exchanged belween Projects to ensure that we were able to provide the best possible range of fwd. A number of people who were initially supported made new arrangements with friends and neighbours to support them with their shopping once the initial shortages were overcome. They were assured that should they have an immediate need, we would assist. This proved fortuitous as there were a number of cases where a55iStance wa5 required in the short temi when their'helper, also fell into difficulties. In response to a request from the West Berkshire Tageled Intervention se￿ICe. we made up a large number of craft kits for young children which were distributed regularly over a tsvctrmonth perioj. We also supplied sunfflower and tomato plants for them to grow on. We supplied large amounts of textiles to local groups making sctubs and scrubs bags. We continued to make weekly phone calls to each Tecipient lo ask rfthey still Tequired a food delwery or any other support. There remains a substantial number who identify as being in need and we are working with them and the original referral agency to agree a prccess that will move them on to a more sustainabla way of socuring thoir fo¢)d noods. In many casos, this will bo by sUppO￿ng thom diroctly through training so a5 to support their move in to employment andlor sign posting them to debt counselling and ensuring that they are in re￿Ipt of all benefits to which they are entilled. A total of 813 people benefrted direcdy. It cannot be determined how many people benefited from the fo￿1 (knnated lo other ¢xganisalions but this can be reasonably estimated to be in excess of 500 people. A total of 112 people engaged in volunteering and training activities., eighty*ighl percent of participants had a disability. Volunteers contributed a total of 18,490 houts of their time in support of the work. Growing 2gether The Growng 2gether Project is based on a 1.5 ha site at Cottismore Park near Kingsclere. The srte contains greenhouses, a polytunnel, raised beds, an orchard and a Wildltfe Educats"on Area. The project is supported by the Greenham Trust, which owns the site. Growng 2gether functions primarily as a horticultural therapy and environmental education centre adults and young people with leaming disabiif(ies, physical disabilrties and mental health issues. It also functions as a fo￿1 growing hub for all members of the local community. but in particular. children. Despite the pandemic disruptions, the Growing 2gether Project was again very well supported by its volunteers, with 145 people engaging in training and volunteering opportunities at the Project over the course of the year. This included 44 volunteers wlh high support needs. No corporate volunteers attended as all planned days were cancelled either as a result of lockdown or companies cancelling all extemal events involmng their staff. The volunteers donated a total of 15.305 hours of their tirne. The project focuse5 in particular on working wth vulnerable adults, children and families facing a range of complex challenges. 80 155%) of the participants were under 16 years of age, wlh 44 of them requiring additional personal support. The project, whose ath"vrties follow the seasonalty of horticulture, was greatly impacted by the restricts.ons in play during the year, not least in preventing planting during the spring growing season. Page 12 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..568ST (Lrrc +110 111 P 15146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 The Nature Knowledge project (supported by Basingstoke and Deane Borough Council) is run by our Education Officer. who is a ITained Forest Schools teacher. The project offers sessions for local primary schools and children's groups. focusing on teaching children about nature and wildlife through outdoor play. One of the most pular elements of the outdoor experience provided through Nature Knomdedge is observing, 1dent1￿.ng and understanding lrfe in an aquatic habitat using the man-made pond on site. It goes wilhoul saying that the number of sessions was greatly reduced. The project also undertakes grounds maintenance at the New Greenham Business Park {a 114 acre srtel and a number of other smaller sites around Newbury. This is undertaken in order to deliver opportunities for volunteers and trainees to undertake accredited training and develop a range of skills, including landscaping. site maintenance, arboriculture and basic mechanical plant maintenance. Unlike the majority of other acts'vities, this continued uninterrupted throughout the year. Staff and volunteer5 were very innovative in their pursuit of continuing the programme of gromqng seasonal fruit and vegetables, as well a5 plants and flowers. These are Usual￿ offered for sale al the NCRC'S furniture projects, local markets and lo visitors to the site. We also usually supply a small number of local wllage markets. With possibility of running Open Day3 and all sales outlets closed, staff quickly designed and implemented basic click and deliver service which enabled their customers lo again enjoy flowers in their gardens. Ml rtems were delivered lo the customers, front doors. The pioject also donated and delivered a large number of flowers for the residents of four WBC Care Homes to plant in their gardens A large derelict greenhouse was removed and work commenced on replacing it with ￿ smaller polytunnels and a deer-proof growing area. RENEWAL Project RENEWAL is based around the urban stretch of the river Lamboum in Newbury, induding the Clay Hill and Turnpike wards, areas of Newbury with a high proportion of disadvantaged residents. The project aims lo involve the local community in the history and ecology of the river by running a range of activities for local adults and children. including talks, guided walks. practical conservatson tasks and training courses. There was a minimal level of activity throughoul the year due to the river being flooded in the wynler and then the lockdown disproportionately reducing volunteer numbers due shielding requirements. A significant number of the volunteers are aged over 70. The Project operates a Forest School at a six-acre wood at Shaw in Newbury which provide5 children wth an edLEcalion in the importance of biodiversity and wldlrfe for the future, using outdoor play and learning. This involves the children in habitat building, river dipping and the identification of wildlife as well as leaming about environmental stewardship. Summary of Achievements in Household Goods 2019-2020 Fui iiiture doiiatioiis a￿e led Number of customer visits Number of customers su Total items reused Tonna e reusedlrec Actual 10,850 Tar et 17,153 138,137 30,394 54,292 661.00 °A of Tar 63Yo 70% 74% 690/0 68° et 22,580 37,230 448.41 cled The average 0/0 of target achieved was 68.8% which is not greatly at variance to the target, given that trading was only possible on 63QA of planned days. Page 13 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..STBST (Lrrc +110 111 P 16146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 Volunteer Statistics 2019-20 Volunteer Descriptors Breakdown of Volunteers 2019-2020 ular Volunteers 167 Su ed Volunteers 96 ed Youth Volur*teers Sch￿1 Pla￿MentS Youth Offenders Communi Service Work Ex erience 16+ Total all source5 96 19 390 Gender /oof Partici Gender Male Total ants 62% 381k> loo• 242 148 390 Female Total /oof Partici rou Total ants Under 16 113 290/0 16-24 47 121A> 25-49 113 50-64 65 and over Total 78 39 390 20% 100 Disability Disability amongst all participants in last ear /•of Partlcl Total ants Mulli le Disabili Leamin Disabili sical Disabili 20 116 300 10 Ph Mental Health Issue5 140 Total 194 50V Page 14 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..STBST (Lrrc +110 111 P 17146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 Partnership working We maintain gocd w(wking partnerships wlh a large numkr of statutory and private organisations, including West Berkshire Council, Basingsloke and Deane Borough Council, Hampshire County Council, Hart District Council. Reuse Netsvork, Veolia Environmental Services, Sovereign Housing Group. vivid Housing, West Bertshire Training Consortium, West Berkshire Mencap, The Greenham Trust, NeM¢)ury Town Council and Kingsclere Parish Council. These relationships enatrAe us to extend the range of serwces we offer lo everyone's benefit. Cart)on Reduction Over the year, NCRC diverted 448.41 tonnes of items suitable for reuse or recycling that would have othetwise been destined for landfill. This has Produced an estirnated carbon credit of 1,243 tonnes of C02e. (Based on figures supplied by the REalliance partnership with WRAP and Defra. Please note these do not include carbon savings from not having to remanufacture). Financial Review Incoming resources durirKJ the year increased by £86,79416.14%1, with total resources expended increasing by £57,560 14.10QknI, resulting in a surplus of £38,323 {2019: surplus of £9,089}. 98_11LhTr of total resources expended were direct costs of charitable aclivities in line with the 0￿.ectiveS of the organisation. The charity raised 62.7501fr of its income {£940,517) through primary purpose trading during the year with a £178,150 116%} fall in incomo on tho pr•vious yoar duo to closure of its trading activities undor Covid regulations. Total income from donations and legacies received during the year increased by £5,620 {1.92¥01 to £299,065. A total £259,324 of Government grants related to the Comd pandemic were received. Cash and cash equivalents increased by £69,069. In line with current legislation, the organisation contributes towards a Defined Contribulion Pension Provision for all eligible staff. The organisalion contributes 40h. with the employee contributing 3%. Should an employee wish to increase their contribution rate beyond this, the organisation wll match fund up to a maximum of 6%. The organisation also ha5 obligations under a Final Salary scheme. from which it wthdrew in 2010. As at the 30th November 2020. this stood at £56.114, which was the net value of the deficit reduction contributions payable under the agreement relating to the deficit. This was a reduction in the year of £9.706. Reseprfes The Trustees believe that the charity $￿Uld hold financial reserves because= 1) It has no endowment funding and is entirely dependent for income upon donor funding and sales income fr(Kn year lo year which is inevitably subject to fluctuation.. and 2) It requires protecti(m against and the ability to continue oFerating despite catastrophic or lesser but damaging events. The trustees believe that the minimum level of reserves should be equivalent to three months operating costs. Costs of c105ure and costs of clearing leasehold oblgalions calculated and reviewed annually, and believe that the reserves should be built up to the desired level in stages consistent with the chariws overall financial position and its need to develop and maintain its charitable activibes. The free reserves, i.e. those not tied up in fixed assets and restricted funds, held at 30th November 2020, amounted lo £107,252, whereas three months. expenditure {excluding depreciation} is £286,998. Page 15 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..588ST (Lrrc +110 111 P 1W46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 Fundraising The NCRC limits fundraising actiwty to applications to funders who publically promote themselves as providers of grant support lo charities. In order to ensure that such applications are not overly speculative, the organisation subscribes lo a number of directories which provide updated information on active funders and the criteria they apply in availing support to applicants. The NCRC does nol carry out direct marteting to individuals, but does accept donations freely offered by the public. The charity is registered with the Fundraising Regulator and abides by the Code of Fundraising Practice. Safeguarding NCRC believes thal it is always unacceptable for a child. young person or vulnerable adult to experience abuse of any kind and recognises its responsibility to safeguard the weware of all children, young people and vulnerable adults. by a commitment to praclice which protects them. The NCRC provides staff and volunteers wlh on-going training and guidance on procedures they should adopt in the event that they suspect a child, young person or vulnerable adult may be exFerFencing, or be at risk of, hami. The NCRC also has policies and procedures to deter those unsubtable to work wth children and vulnerable Jults, including an application process that takes up references and carries out DBS checks on staff and volunteers where applicable. NCRC bo1iov•s that tho wolfaro of childron, young pooplo and vulnerablo adults takos priority ovor tho individual's right to confidenlialty, and we have a duty to disclose abuse to the appropriate agency if deemed necessary, without consent. In these circumstances, the Confidentialty Policy as sel out in the NCRC Code of Conduct together with NCRC data protection procedures, may be overridden. The NCRC is subject to annual inspection by Wesl Be￿$hIre Council's Care Qualty Team wth a focus on safeguarding and the quality of care delivered by the NCRC lo children, young people and vulnerable adults. The trained and supported safeguarding lead for NCRC is J￿ McKay, Project Manager. Training and Community Support Centre, NCRC. Plans for future periods The charity plans to conb.nue the ath"vities outlined at¥Jve in the forthcoming years, subject to satisfactory funding aThangements. other activities being developed in the coming year will include (subject to fvnding)= Launching of a new project to be known as 'The Community Crew. This will involve *lults and young Pooplo ￿llth loaming disabilitlos carwng out local onvironmontal challongos in support of local communities. This has been an ambition for the past years. but has been delayed due to the impact of the pandemic and has not yel attracted sufficient financial support to be launched. There remains an urgent need lo support the cohort the project is aimed at. Developing a capacity wlhin the Training and Community Support Project to deliver functional skills training. to support the wder training offer. Again, this was delayed in the past year due to suitable training courses not being available for staff. Further expanding our work wth local schools to prowde an enhanced altemative curriculum programme for young people outside of mainstream educab.on because of behavioural or emth.onal problems. This also was delayed during the past year. Launching an online shop fc￿ both the NeNrtJury and Basingstoke fumilure projects. Page 16 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..35..588ST (Lrrc +110 111 P 19146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 30 NOVEMBER 2020 We are confident that despite the financial pressures. we will continue to offer the highest levels of service, perfomiance and cost-effecliveness in the coming year. COVID 19- GOING FORWARD Based on feedback received {by way of comment and awards). the charty is aCkno￿edged by the communities il seNes as having responded to the challenges Df the pandemic in a timely, innovative and collaborative manner. Throughout the pandemic, the charitys continued delivery of day serwces to adults and young people with learning disabilities in a Covid-safe manner. and the Essential Household Goods Scheme. has been greatly appreciated by setvice users and their families. In tum. this continuation of services resulted in financial support from local grant makers, local aull)orilies and national funders who wished to support our work. This support, in addition lo the wde range of statutory grants received. ensured that the charity remains in a financially heathy position. Budgets and financial forecast5 for income. expenditure and cash flov￿ for the current year {2020- 20211 have been developed to take account of a series of pclential scenarios. At the time of preparing this report, the Government has announced its intention, SLtbiect lo conbnued improvement of the SItuat￿n, to allow 'non- essential, retail to reopen on the 12th of April. The Board of Trustees has conducted a rewew of Going Concem cor¢sideralions (based on advice and guidartce as published in the Charities SORP Committee thcument "Implications of COVID-19 Control Measures and Financial Reporting" {23 March 202011. Having conducted the review and having estsblished a process of updating forocasts daily. tho Board of Trustoas is satisfi•d that tho Charity is, and wll romain. a Going Concern. Statement of Trustees. responsibilities The Tfustees (who are also the directors of the company for the purposes of company law} are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom G￿erallY Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees musl not approve the financial slalements unle55 they are satisfied that they give a true and fair view of the state of affairs of the company and of ils incoming resources and application of resources. including ils income and expenditure, for that period. In prepallng these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently-, observe the methods and principles of the Charities SORP {FRS 1021., make judgments and accounting estimates that are reasonable and prudent- stale %rt)ether applicable UK Accounting Standards {FRS 1021 have been followed, suty'ect to any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concem basis unless it is inapprcfsriale to presume that the company will Continuo in businoss. The Trustees are responsible for keeping adequate accounting records that are suffiaenl to show and explain the company's transactions and disclose wth reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are a150 responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detectton of fraud and other irregularities. Page 17 TransadiDn Ref. HY82-BSVL.M75A 23 Apr2021 1$..￿..$9 BST ILrrc +11 D 111 P 20ff46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 30 NOVEMBER 2020 Disclosure of infomialion to auditor Each of the persons are Trustees at the time when this Trustees. report is approved has ccfifinned that: so far as that Trustee is aware, there is no relevant a￿111 information of Nthich the charws auditor is unaware, and that Trustee has taken all the steps that ought lo have been taken as a Trustee in order lo be aware of any relevant audit information and to establish thal the chariws auditor is aware of that information. Auditor The auditor. James Cosvper Kreston, has indicated his wllingness to c£￿tinUe in office. The designated Twstees will propose a motion reappointing the auditor at a meeting of the Trustees. Approved by order of the members of the board of Trustees and signed on their behalf by.. Vr¢wm¥SW**16*4$68TIIW¢•1) J Un5WOrth (Chair of Trustees) Dale= 23 April 2021 Page 18 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..38..￿ BST (Lrrc +110 111 P 21146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITEO Opinion We have audited the financial statements of The Nethry Community ResourcE Centre Limited (the 'charitable companll for the year ended 30 November 2020 which comprise the Statement of Financial Activities, the BalanGe sheet, the Statement of Gash flows and the related notes, inGluding a summary of significant aGGounting policies. The financial reporbng framework that ha5 been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Repotting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements= give a true and fair view of the state of the charitable companls affairs as at 30 November 2020 and of its incoming resources and application of resources, including its income and expenditure for the year then ended". have been properly prepared in accordance with United King(bm Generally Accepted Accounting Practice,. and have been prepared in accordance wth the requirements of the Companie5 Act 2CQ6. Basis for opinion We conducted our audit in accordance Mqth IntematiDnal Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are fvrther described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance wth the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilits.es in accordance wqth these requirements. We believe that the audit evidence we have obtained is suffiaent and appropriate lo provide a basis for our ￿Inion. Conclusions relating to going concern We have nothing lo report in respect of the fc4lowing matters in relation to which the ISAS {UK) require us to report lo you where.. the Trustees, use of the going concem basis of accounting in the preparation of the financial statements is not appropriate- or the Twstees have not disclosed in the financial statements any identrfied material uncertainties that may cast significant doubt about the charitable companvs ability lo continue to adopt the going concem basis of accounting for a pellod of al least twelve months from Ihe dale Mthen the financial statement5 are author¢sed for issue. Page 19 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..38..￿ BST (Lrrc +110 111 P 22146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE NEWBURY COMMUNITY RESOURCE CENTRE LIMrrED (CONTINUED} Other infonnation The Trustees are responsible for the other information. The other information comprise5 the infomiation included in the Annual report, other than the financial statements and our Auditorf5 report thereon. Our opinion on the finanGial statements does not cover the other information and, except to the extent othermse expliGltly stated in our report, we do not expre55 any forni of assurance conclusion thereon. In connection wth our audit of the financial statements, our responsibilty is to read the other inforniation and, in doing so, consider whether the other information is materialty inconsistent with the financial statements or our knomdedge obtained in the audit or otherfvise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed. we conclude that there is a material misslatemenl of this other information. we are required lo report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Cornpanies Act 2006 In our opinion, based on the work undertaken in the course of the audit= the Inlormatlon gwen In the Trustees. Fleport ror the nnandal year for whlch Ihe Ilnanclal stalements are proparod is consistont with tho financial statomonts. the Trustees. Repjrt has been prepared in acec￿￿nCe wrth applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit. we have not identified material misstatements in the Trustees. Report. We have nothing to report in respect of the folk¢wng matters in relation to which Companies Act 2006 requires U5 to report to you rf, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us- or the financial statements are not in agreement with the accounting records and retums- or certain disclosures of Trustees. remuneration specffied by law are not made., or we have not received all the information and explanations we require for our audit- or the Trustees were not entitled to prepare the financial statements in accordance the small companies regime and take advantage of the small cornpanies. exempts.ons in preparing the Trustees. Report and from the requirement to prepare a Strategic Report. Page 20 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..01 BST (Lrrc +110 111 P 23146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE NEWBURY COMMUNITY RESOURCE CENTRE LIMrrED (CONTINUED} Responsibilities of trustee5 As explained more fully in the Trustees, responsibilities statement. the Trustees Iwho are also the directors of the charitable company for the purpose5 of company law} are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due lo fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable companls abilty to continue as a going concem, disclosing, as applicable, matters related to going con￿rn and using the going ncem basis of accounting unless the TNstees either intend to liquidate the charitable company or to cease operats'ons. or have no realistic alternative but lo do so. Audstorfs rosponsibilitios for the audit of the financial ststements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an Auditorfs report that includes our opinion. Reasonable assurance 15 a high level of assuran￿. but is not a guaranlee that an audit conducted in accordance ISAS {UKI will alway5 detect a material misstatement when it exists. Mi551atemenls can arise from fraud or error and are considered material rf, individualty or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further desGriptton of our responsibilities for the audit of the finanGial 5tstements is IoGated on the Financial Reporting Council's website at.. wwN.frc.or .uklaudilorsres onsibilitie5. This description forms part of our Auditor's report. Use of our report This report is made solely to the charitable compan¥s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitsble companls members those matters we are ￿qUired lo slate to them in an Auditorfs report and for no other purpose. To the fullesl extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members. as a body, for our audit work, for this rewrt. or for the opinions we have formed. Michael Farwell MA DChA {Senior statutory auditor) ft)r and on behalf of James Cowper Kreston Chartered Accountants and Slatutory Auditor 2 Communications Road Greenham Business Park Greenham Newbury Berkshire RG19 6AB Date= 2810412021 Page 21 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..01 BST (Lrrc +110 111 P 24146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 30 NOVEMBER 2020 Restricted UnrestTiCted funds funds 2020 2020 Total funds 2020 Total funds 2019 Note Income from: Donations and legacies Charitable actimties 293.395 5,670 940.517 299,065 940,517 259,324 293,445 1,118,667 Other income 259,324 Total incomo Expenditure on: Raising funds Charitable actimties 552.719 946.187 1,498,906 1.412,112 27,493 910,849 27,493 1,433,090 26,129 1,376,894 $22,241 Total oxpondiiure 522.241 938.342 1,460.583 1.403,023 Not incomo 30,478 7.845 38,323 9,089 Transfers behveen funds 16 116.441} 16.441 Not movement in funds 14,037 24.286 38.323 9,089 Roconciliation of funds: Total funds brought foDNard Nel movement in fvnds 216,827 14,037 169,554 24,286 386,381 38,323 377,292 9,089 Total funds carried forward 230.864 193,840 424.704 386,381 The Statement of Financial Activities indudes all gains and losses recognised in the year. The notes on pages 25 to 43 form part of these finan￿al statements. Page 22 TransadiDn Ref. HY82-BSVL.M75A 23 Apr2021 15..36..02 BST ILrrc +11 D 111 P 25ff46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED (A company limited by guarantee) REGISTERED NUMBER: 3998851 BALANCE SHEET AS AT 30 NOVEMBER 2020 2020 2019 Note Fixed assets Tangible assets Current assets 12 267.243 264.406 Debtors 13 137,312 225.481 154.970 156.412 Cash at bank and in hand 362.793 311.382 Credrtors= amounts falling due wthin one year 14 {159,180) (133,3541 Net current assets 203.613 178.028 Total a55ets less cu￿ent liabilities 470.856 442.434 Creditors= amounts falling due after more than one year 15 (46.152) {56.0531 Total net assets 424,704 386,381 Charity funds Restricted fund5 16 230.864 193.840 216,827 169,554 Unrestricted funds 16 Total funds 424,704 386.381 The Trustee5 ackn￿edge their respjnsibilities for coMp￿ng with the requirements of the Act wrth respect to accounting records and preparation of financial Statements. The financial staternerrts have been prepared in accordance ￿￿th the provisions applicable to entities subject to the small companie5 regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. ILlw>th2Jp¢Jnised in expenditure in the period of receipt. Page 25 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..04 BST (Lrrc +110 111 P 2W46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Accounting policie5 Icontinuedl 2.4 Income {continued) InGome tax reGoverable in relation to donations received under Gift Aid or deeds of Govenant is recognised at the lime of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. 2.5 Expenditure Expenditure is recognised once there is a legal or constructive obligats'on to transfer economic benefits to a third paty. 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 dassified by activty. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each acb'vity. Direct costs attributable to a single activity are allcKated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those activitie5 on a basis con51Stent with the use of resources. Central staff costs are allo￿lIed on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the company to raise funds for i Gharitable purposes and includes Gosts ol all fundraising activilies events and non*haritable trading. Expendtture on charitable activtbes is inajrred on directly urKlertakiThJ the activities which further the company's objectives, as well as any associated support costs. 2.6 Grants received GTanls received in respect of capital or revenue expenditure have been induded as income Mqthin the Statement of Financial Activities. An annual transfer lo unrestricted funds is made in respect of depreciation of the grant over the estimated useful lrfe of the asset. 2.7 Donated items The charity operates by collecling donated fumilure. Fh)usehold goods and appliances from local residents, which are then sold. Due to the nature of the items received it is difficult to quantrfy monetary value. 2.8 Tangible fixed assets and depreciation Tangible fixed assets costing £500 or more are capitalised and recognised when fubJre economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recojnised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciats'on and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into ils intended working condition should included in the measurement of cost. Page 26 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..04 BST (Lrrc +110 111 P 29146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Accounting policie5 Icontinuedl 2.8 Tangible fixed a55ets and depreciation {conlinued) Depreciation is charged so as to allocate the c05t of tangible f￿ed assets less their residual value over their estimated useful INes. using the straight-line method. Depreciation is provided on the followng bases: Improvements to proFety Orchard Rainwater Harvest Vvarehouse equipment Motor vehides Office equipment Alotmenls Computer equipment Canteen Straight line over 20 years straight line over 40 years straight line over 5 years straight line over 5 years straight line over 10 years Straight line over 3 years Straight line over 5 years Straight line over 3 years Straight line over 5 years 2.9 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company.. this is normally upon notffication of the interest paid or payable by the institution wth whom the funds are deposited. 2.10 Debtor5 Trade and other debtors are recognised at the setdement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.11 Cash at bank and in hand Cash at bank and in hand indudes cash and short-tenn highly liquid investsments with a short malurtty of three months or less from the date of acquisition or opening of Ihe dewsil or similar account. 2.12 Liabilities Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it 15 probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. 2.13 Financial instruments The company onty has financial assets and financial liabilities of a kind that qualfy as basic financi instruments. Basic financial instruments are inib.ally recognised at transaction value and subsequently measured at their settlement value. 2.14 Taxation The company is exempt from corwration tsx on its charitable activities. Page 27 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..0SBST (Lrrc +110 111 P gW46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Accounting policie5 Icontinuedl 2.15 Pensions The company operates a defined benefrt pension scheme. The scheme is a multi-employer scheme vthere it is not possible, in the nomial Goufse of events. to identffty on a Gonsistent and reasonable basis, the share of underlying assets and liabilities belonging to individual participating employer5. Therefore, as required by FRS102 'Retirement and post-employment benefits,, the compary accounts for this scheme as if it was a defined contribution scheme. The company is under obligation to make payments to fund the deficit on the scheme, and as SLEch the net present value of these contributions are recrynised as a liability. Any change in the liabilty is reco3nised as an expense in the Statement of Financial ActiMties_ The company also operates a defined contribution pension scheme for those staff not eligible lo join the Social Housing Pension Scheme. Contributions payable for the year are charged in the Statement of Financial Activities. 2.16 Operating leases Renta15 paid under operating leases are charged to the Statement of Financial Activitie5 on a straight line basis over the lease term. Critical accounting estimates and areas of judgment E5timate5 and judgments are continually evaluated and are based on historical experience and other factors, including expec&itions of future events that are believed to be reasonable under the circumstances. Crrtical accountirKJ estimates and assumptions= The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumpts'ons that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilitses within the next financial year are discussed below. Critical areas of judgment= Tangible fixed assets Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. Residual value assessments consider issues such as the remaining life of the asset and projected disposal values. Pensions The present value of the Social Housing Pension Scheme defined benefit liability depends on a number of factors that are determined on an actuarial basis using a variety of assumptions. The assumptions used in detemiining Ihe nel cost lincomel for pensions include the discount rate. Any changes in these assumptions. which are disclosed in note 22. will impact the carrying amount of the pension liability. Furthemiore a roll forward approach wthich projects results from the latest full actuarial valuation performed at 30 September 2014 has been used by the actuary in valuing the pensions liability at 30 November 2020. Any differences between the figures derived from the roll forwards approach and a full actuarial valuation would impact on the carrwng amount of the pensHJn liability. Page 28 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..0SBST (Lrrc +110 111 P 91146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Income frorn donations and legacies Restricted Unrestricted funds funds 2020 2020 Total funds 2020 Total funds 2019 Donations 5.670 5.670 264.118 29.277 14,312 186.213 92.920 Grant making funds Statutory grants 264,118 29,277 Total 2020 293,395 5,670 299.065 293.445 Total 2019 245,966 47,479 293.445 Income from charitable activitios Unrestricted funds 2020 Total funds 2020 Total funds 2019 Sales 940,517 940,517 1.118,667 Total 2019 1,118,667 1,118,667 Other incoming rosourcas Restricted funds 2020 Total funds 2020 Total funds 2019 Govemment grants 259.324 259,324 Page 29 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..068ST (Lrrc +110 111 P 92146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2020 Total funds 2020 Total funds 2019 Fundraising Publicity 8.615 18.878 8,615 18,878 11,258 14,871 Total 2020 27,493 27.493 26.129 Total 2019 26,129 26.129 Analysis of expenditure by activities Activities undertaken directly 2020 Support costs 2020 Total funds 2020 Total funds 2019 Costs of charitable activities 1,271,654 161.436 1.433.090 1.376,894 Total 2020 1,271,654 161,436 1.433,090 1,376,894 Total 2019 1.230.930 145.964 1.376,894 Page 30 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..068ST (Lrrc +110 111 P 93146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Analysi5 of expenditure by activities {continued) Analysis of support costs Total fund5 2020 Total funds 2019 Salarie5 and recruilrnent Depreciab'on Bad debt expense Office expenses Telephone expenses Training and travel expenses Bank charges Premises expenses Payroll fees Legal and professional fees Pension expenses Profit I loss oll disposal of fixed asset Irrecoverable VAT 49,848 20.460 7.543 15.944 6,496 4,473 4.152 23,064 3.433 5.696 6.092 1.089 5.536 7.610 50,435 19,555 14,193 5,677 7,328 4,544 26,179 2,479 3,514 6,255 Govemance costs 5,805 161,436 145,964 Auditorfs remuneration 2020 2019 Fees payable to the companys auditor for the audit of the companls annual accounts 4.400 3,448 Fees payable lo the compan￿5 auditor in respect of.. I non-audil setvices not included above 3.210 2,357 Page 31 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..078ST (Lrrc +110 111 P 94146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 10. Staff costs 2020 2019 Wages and salaries Soaal security costs Other pension costs 895,845 50.581 30.454 866,494 53,121 30,490 976.880 950,105 The average number of persons employed by the company during the year was as follows.. 2020 No. 2019 No. Administrali(m stafl Operational staff 47 49 The number of employees ￿se employee ￿enerrtS {excluding employer pension costs) exceeded £60.000 was.. 2020 2019 In the band £60,001- £70,000 The remuneration and benefits received by key management ￿rsOnnel and trustees in the year totalled £244.61712019.' £235.879 {restated)). 11. Trustees. remuneration and expenses During the year, no Trustees received any rernuneration or other benefits12019- £NIL}. During the year ended 30 November 2020. no Trustee expenses have been incurred (2019 - £NILI. Page 32 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..088ST (Lrrc +110 111 P ￿46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 12. Tangible fixed asset5 Property improvements Motor Horticultural vehicles equipment Equipment Total Cost or valuation At 1 December 2019 220.184 5,506 12,9331 60.306 2.345 1391) 116,058 15,624 {31,0871 108.415 2.610 504,963 26,085 {34,411} Additions Disposals At 30 November 2020 222,757 62,260 100,595 111.025 496,637 Depreciation At 1 December 2019 59,744 56.101 2,144 13911 54,806 8,012 {30,0871 69.906 240,557 20,460 {31,623} Charge for the year On disposals 11,1451 At 30 November 2020 68,439 57.854 32,731 70.370 229,394 Not book value At 30 November 2020 154,318 4,406 67,864 40.655 267,243 At 30 November 2019 160,440 4.205 61,252 38.509 264,406 13. Dobtors 2020 2019 Due within one year Trade debtors 110,574 832 104,219 1.082 49,669 Other debtors Prepayments and accrned income 25.906 137.312 154,970 Page 33 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..088ST (Lrrc +110 111 P 96146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 14. Creditors: Amounts falling due within one year 2020 2019 Bank loans Trade creditors S0,OIXI 12.145 18.392 9.962 7,221 61,460 34,179 17,535 9,767 8,148 63,725 Other laxalion and S￿la1 security Pension liability other creditors Accruals and deferred income 159,180 133,354 Deferred income at 1 December 2019 49,538 7,019 {49,538) Resources deferred during the year Amounts released from previous period5 7,019 15. Craditors: Amounts falling due after more ihan one year 2020 2019 Pension liability 46.152 56,053 Page 34 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..098ST (Lrrc +110 111 P 97146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 16. Statement of funds Statement of funds - current year Balance at Balance at 1 December 2019 Transfer5 inlout November 2020 Income Expenditure Unrestricted - general funds 169.554 946,187 (938.342) 16.441 193,840 Rostrictod funds Restricted Funds- other than fixed assets 37,725 552,719 (522.241) {17,994) 50,209 Restricted Funds- held as fixed assets 179,102 1,553 180,655 216,827 552,719 (522.241) 116.441) 230,864 Total of funds 386,381 1,498.906 11,460.583) 424,704 Page 35 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..098ST (Lrrc +110 111 P gW46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 16. Statement of funds (continued) Statement of funds - prior year Balance at Balance at 1 December 2018 Transfers inlout November 2019 Income Expenditure Unrestricted funds Designated funds Designated Funds- emergency operating reserve 124,262 (124,2621 General funds Unrestricted - general funds 33.867 1,166,146 11,168.3051 137,846 169,554 Total Unrestricted funds 158,129 1,166,146 11,168,305) 13,584 169,554 Restricted funds Restricted Funds- other Ihan fixed assets Restricted Funds- held as fixed assets 59.089 245.966 (234.7181 (32.6121 37,725 160.074 19.028 179,102 219,163 245,966 (234.7181 113,5841 216,827 Total of fund5 3TT,292 1,412,112 11,403,023) 386,381 Page 36 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 IS..*.10 BST (Lrrc +110 111 P 99146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 17. Summary of funds Summary of funds - current year Balance at Balance at 1 December 2019 Transfer5 inlout November 2020 Income Expenditure General funds 169.554 216.827 946,187 552,719 (938.342) (522.241) 16.441 {16.441) 193.840 230,864 Restricted funds 386,381 1,498,906 11,460,583) 424,704 Summary of funds - prior year Balance at Balance at 1 December 2018 Transfers inlout November 2019 Income Expenditure Designated funds General funds 124,262 33,867 219,163 (124.2621 137,846 {13.5841 1,166.146 11,168.3051 245,966 (234.7181 169,554 216,827 Restricted funds 377.292 1,412,112 11,403.0231 386,381 Page 37 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 IS..*.10 BST (Lrrc +110 111 P 4W46 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 18. Analysis of net assets between funds Analysis of net assets between funds- current period Restricted Unrestricted funds funds 2020 2020 Total funds 2020 Tangible fixed assets Current assets Creditors due Mfjthin one year Creditors due in more than one year 180,655 50.209 86,588 312,584 1159,180) 146.1521 267,243 362,793 1159,1801 (46,152} Total 230,864 193,840 424,704 Analysis of nat assets b8twaen funds- prior period Restricted Unrestricted funds funds 2019 Total funds 2019 2019 Tangible fixed assets Current assets 179.102 37.725 85,304 273,657 (133,3541 156,0531 264,406 311,382 1133,3541 {56,0531 Creditors due wthin one year Creditors due in more than one year Total 216.827 169,554 386,381 Page 38 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 IS..*.11 BST (Lrrc +110 111 P 41146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Restricted fund5 1 Dec 2019 Incorne Expenditure Transfers 30 Nov 2020 Basingstoke and Deane Borough Council Basingstoke Volurrtary Action Berkshire Community Foundation 11,819 83,954 2,500 184,5201 11,8771 11,253 623 4.490 5,000 {4,4901 {5.000) Calleva Foundation Edward Goslin Trust Englefield Trust Football Association 5,000 15,0001 11,0001 1,000 630 16301 1110.743) 15001 15,9571 15941 1200.928) 15001 Greenham Trust 8.323 117,357 500 19.051) 5,886 Gerald Palmer Eling Trust Get Berkshire Active 5.957 3,021 200,928 500 Hampshire County Council HMRC Job Retents'on Scheme 2.712 (1.978) 3.161 James Wise Charitable Trust Neighboudy Newbury Town Council Peter Baker Foundation 800 476 476 5,000 15,0001 11.406) {2.0001 11,0001 15001 Reading Dispensary Trust Sheepdrove Trust Tesco 1,406 2,000 1,000 The Ammco Trust 500 The Miss W E LaV￿enCe 1973 Charitable Settlement 1965) The National Lottery Community Fund 90,000 165.0761 24,924 1.000 VIVID 1.000 West Berkshire Council 31.372 2,234 131.3721 11481 Donations from Individuals 2.086 180,655 Restricted Fixed Assets 179,102 1,553 Total 216 827 552719 522 2411 Total 2019 219 163 245 966 219 163 Greenham Trust grants total £117,357. This includes £49,655 annual grant ￿Vering rent and services charges at the Gromqng 2gether Project, £17.635 grounds maintenance grant, £20.500 covering rent and service charges at Hambridge Road. and a nUm￿er of smaller grants. Basingstoke and Deane Borough Council grants total £83,954. This includes £17.204 was towards the Five Steps Plus project in Basingstoke, £16.750 towards the Countryside Knowledge & Skills in Basingstoke and £50.000 covid rates grants. West Berkshire Council grants total £31.372. This includes £20,300 towards the Voluntary Sector Prospectus. Page 39 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..12 BST (Lrrc +110 111 P 42146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 A grant of £g0.000 was received from The National Lottery Community Fund - Coronavirus Community Support Fund to cover costs related lo the delivery of serwces to the local commullity which were usual met from sales income. The services were adapted lo meet the changed needs of the community during the Cowd 19 pandemic. 19. Reconciliation of net movernent in funds to net cash flow frorn operating activities 2020 2019 Net income for the period las per SLitement of Financial Actiwties) 38.323 9,089 Adjustments for: Depreciation charges Loss on the sale of fixed assets 20,460 1,089 17,658 {24,369) {9.706) 19,555 2,232 16,6511 17,573 (8,7651 Decreasellincreasel in debtors Increaselldecreasel in creditors Pension liability movement N81 cash provided by operating activiti8s 43.455 33,033 Analysis of cash and cash equivalents 2020 2019 Cash in hand 225.481 156,412 Total cash and cash equivalents 225.481 156,412 21. Analysis of changes in debt At1 Decamber 2019 Cash flows At30 November 2020 Cash at bank and in hand Debt due wthin 1 year 156.412 69.069 {50.000) 225.481 {50,000} 156,412 19,069 175,481 Page 40 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..12 BST (Lrrc +110 111 P 43146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Pension comrnilments The company participates in the scheme, a rnulti-employer scheme which provides benefits to some 5 non-associated employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient infomiation to enable it to account for the scheme as a defined benefit scheme. Therefore il accounts for the scheme as a defined contribution scheme. The scheme 15 subject to the funding legislation outlined in the Pensions Act 2004 which came into for on 30 December 2005. This, together Mqth documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Counal, set out the framework for funding defined benefit occupational pension schemes in the UK. The scheme is classnled as a 'last-man standng arrangement.. Therefore the company is potentially liable for other participating employers. obligations if those employers are unable to meet their share of the scheme deficit following Mqthdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme. A full actuarial valuation for the scheme was carried out with an effective date of 30 September 2014. This actuarial valuation was certified on 23 November 2015 and showed assets of £3,123m. liabilities of £4,446m and a deficit of £1,323m. To eliminate this funding shortfall, the trustees and the participating employers have agreed that additional contributions will be paid, in combination from all employer5. to the scheme. Note that the scheme's previous valuation w8s carried out ￿ryth an effective date of 30 September 2011., this valuation was certified on 17 December 2012 and showed assets of £2,062m. liabilities of £3,097m and a deficit of £1,035m. To eliminate this funding shortfall. the trustees and the participating employers have agreed that additional contributions Mqll be paid, in combination from all employee5, to the scheme. Where the scheme is in deficit and there the company has agreed lo a deficit fiJnding arrangement, the company recognises a liabilty for this obligab"on. The amount recognised is the net present value of the deficit reduction contributions payable under the agreemerbl that relates to the defickt. The present value is calculated using the discount rale detailed in these disclosures. The unmqnding of the discount rate is recognised as a finance cost. Present value of liabiltty 2020 2019 Present value of liability 56,114 65,820 56.114 65,820 Page 41 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..138ST (Lrrc +110 111 P 44146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Deficit contribution schedule 2020 2019 Year 1 9.962 10.161 10.365 10,572 10,783 9,154 9.767 9,962 10,161 10,365 10,572 10,783 9,154 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Total 60,997 70,764 Reconciliation of opening and closing provision 2019 2019 Provlslon at start of perlod Unwnding discount factor linterest expense) Deficit contribution paid 65,820 61 74,585 554 {9.767) (9,3191 Total 56.114 65,820 Income and expenditure impact 2020 2019 Interest ex￿nSe 61 554 Total 61 554 Assumptions 2020 2019 Rate of discount 1.03 Page 42 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 15..36..138ST (Lrrc +110 111 P 45146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 23. Operating lease cornmitments At 30 November 2020 the company had cornmitments to make future minimum lease payments under non-cancellable operating leases as foltOW5= 2020 2019 Not later than 1 year Later than 1 year and not later than 5 years 40.950 20,475 41,895 61,425 61,425 103,320 In addition to the above leases the charity has the following leases that are funded by grants received from the Greenham Trust: The charty has a joint lease at Cottismore. The annual rent and service charge of the premises of approximately £49.485 are met in full by the Greenham Trust. The charity has a lease at Unit F Hambridge Road Industrial Eslate. The annual rent and setvice charge of the premises of approximately £20.500 are met in full by the Greenham Trust. 24. Rolated party transactions There were no related party transactions in the year. 25. Controlling party The trustees as a body administer the charitable company in accordance wth the Memorandum and Articles of Association, therefore there is no single controlling paty. Page 43 TrarraaEi￿n Ref. HY8248VL-W1&4 23 Apr2021 IS..*.14 BST (Lrrc +110 111 P 46146 THE NEWBURY COMMUNITY RESOURCE CENTRE LIMITED {A company limited by guarantee) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2020 2020 2020 2019 2019 Ineoma rasources Donations and other income 5.670 293,395 940,517 259,324 14,312 279, 133 1,118,667 Grarrts receivable Sales Government grants 1.498.906 1.412,112 Less: Rosources expended Fundraising Publicity Wages as attributable to support costs Premises expense Telephone orrice expenses Bad debl expense Cost of trading activities Bank charges Professional fees 8,615 18.878 49.848 23.064 6.496 15,944 11,258 14,871 50,435 26.179 5.677 14.193 1.271.654 4.152 3.433 4,473 20,460 5.696 6.092 3.210 4.400 1.089 5,536 1.230.010 2,479 7,328 19,555 3,514 6,255 3.377 3.348 Training and travel Deprecialion Legal and professional fees Pension expenses Accountancy Auditors. remuneration Profit I loss on disposal of fixed asset Irrecoverable VAT Total resource5 expended Net income for the year 1.460.583 1.403,023 38.323 9,089 Page 44 THIS SCHEDULE IS NOT FOR PUBLICATION