COMPANY REGISTRATION NUMBER: 02994776 CHARITY REGISTRATION NUMBER: 1084632
West View Advice & Resource Centre Limited Company Limited by Guarantee Unaudited Financial Statements
31 March 2024
TREMAINE
Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Statement of cash flows | 8 |
| Notes to the financial statements | 9 |
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
Reference and administrative details
Registered charity name West View Advice & Resource Centre Limited Charity registration number 1084632 Company registration number 02994776 Principal office and registered The Community Centre office Miers Avenue Hartlepool TS24 9JQ
The trustees
D Wise C J Simmons R W Cook K Tranter C Clark Reverend R Hall V Wilson (Appointed 25 July 2023) Company secretary V Evens Independent examiner Julie Todd Tremaine Chartered Certified Accountants 19 Tremaine Close Hartlepool TS27 3LE
Structure, governance and management
A board of 7 trustees, who meet bi monthly, administer the charity. There are subcommittees covering finance and staffing.
1
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024
Objectives and activities
The objects of the charity are to:
(1) improve the conditions of life of residents of Hartlepool by advancing education and providing recreational facilities including by managing a community centre; and
(2) relieve poverty, sickness and distress of the residents of North East England, including by providing advice on welfare benefits and generally.
In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our trustee meetings.
The provision of a resource centre offers much needed support to the residents of Hartlepool. The centre is fully resourced, Advice workers are available throughout the day offering advice on welfare and benefits together with any other advice which may be required.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
The centre continues to serve the local community and other areas throughout Hartlepool. Our advice team is kept up to date with the many changes to our society and is highly regarded within the advice sector. This high regard has lead other organisations within the third sector to seek our support in advising local residents throughout the Hartlepool area.
The centre also delivers Macmillan advice throughout Northumberland, Durham and the Tees Valley areas.
With the support of our funders, the resource centre will continue to support and advise the general public. The trustees would like to thank our staff and all our volunteers for their continued support.
Financial review
The unrestricted free reserves of the charity as at 31 March 2024, (that is those not tied up in fixed assets and contingency funds) amount to £38,563.
The trustees have examined the requirement for free reserves and they consider the charity should aim to provide a contingency fund £28,000 for specific purposes such as redundancy and other contingencies. The trustees also consider that it is prudent to ensure that there are sufficient free reserves at a level which equates to approximately six months unrestricted expenditure. This provides sufficient funds to cover support costs, management and administration and to respond to emergency applications for grants which arise from time to time.
2
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
The trustees' annual report and the strategic report were approved on 31 July 2024 and signed on behalf of the board of trustees by:
D Wise Trustee
3
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of West View Advice & Resource Centre Limited
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of West View Advice & Resource Centre Limited ('the charity') for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
4
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of West View Advice & Resource Centre Limited (continued)
Year ended 31 March 2024
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Julie Todd Tremaine Chartered Certified Accountants Independent Examiner
19 Tremaine Close Hartlepool TS27 3LE
- 1 August 2024
5
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 19,877 | 389,135 | 409,012 | 375,098 |
| Charitable activities | 6 | 26,246 | – | 26,246 | 15,601 |
| Investment income | 7 | 750 | – | 750 | 89 |
|
|
|
|
||
| Total income | 46,873 | 389,135 | 436,008 | 390,788 | |
|
|
|
|
||
| Expenditure | |||||
| Expenditure on charitable activities | 8 | 89,578 | 357,607 | 447,185 | 418,760 |
|
|
|
|
||
| Total expenditure | 89,578 | 357,607 | 447,185 | 418,760 | |
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|
|
||
|
|
|
|
||
| Net expenditure and net movement | in | ||||
| funds | (42,705) | 31,528 | (11,177) | (27,972) | |
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|
|
|
||
| Reconciliation of funds | |||||
| Total funds brought forward | 115,730 | 14,891 | 130,621 | 158,593 | |
|
|
|
|
||
| Total funds carried forward | 73,025 | 46,419 | 119,444 | 130,621 | |
|
|
|
|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 20 form part of these financial statements.
6
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 34,462 | 38,779 |
| Current assets | |||
| Debtors | 14 | 6,381 | 6,284 |
| Cash at bank and in hand | 80,325 | 87,289 | |
|
|
||
| 86,706 | 93,573 | ||
| Creditors: amounts falling due within one year | 15 | 1,724 | 1,731 |
|
|
||
| Net current assets | 84,982 | 91,842 | |
|
|
||
| Total assets less current liabilities | 119,444 | 130,621 | |
|
|
||
| Net assets | 119,444 | 130,621 | |
|
|
||
| Funds of the charity | |||
| Restricted funds | 46,419 | 14,891 | |
| Unrestricted funds | 73,025 | 115,730 | |
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|
||
| Total charity funds | 17 | 119,444 | 130,621 |
|
|
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 31 July 2024, and are signed on behalf of the board by:
D Wise Trustee
The notes on pages 9 to 20 form part of these financial statements.
7
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net expenditure | (11,177) | (27,972) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 4,317 | 4,256 |
| Other interest receivable and similar income | (750) | (89) |
| Accrued income | (240) | – |
| Changes in: | ||
| Trade and other debtors | (97) | 312 |
| Trade and other creditors | 233 | 239 |
|
|
|
| Cash generated from operations | (7,714) | (23,254) |
| Interest received | 750 | 89 |
|
|
|
| Net cash used in operating activities | (6,964) | (23,165) |
|
|
|
| Cash flows from investing activities | ||
| Purchase of tangible assets | – | (9,552) |
|
|
|
| Net cash used in investing activities | – | (9,552) |
|
|
|
| Net decrease in cash and cash equivalents | (6,964) | (32,717) |
| Cash and cash equivalents at beginning of year | 87,289 | 120,006 |
|
|
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| Cash and cash equivalents at end of year | 80,325 | 87,289 |
|
|
The notes on pages 9 to 20 form part of these financial statements.
8
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is The Community Centre, Miers Avenue, Hartlepool, TS24 9JQ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
9
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
10
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property - 2% straight line Equipment - 25% reducing balance
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
West View Advice & Resource Centre is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
11
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 7,399 | 4,739 | 12,138 |
| Gift Aid | 678 | – | 678 |
| Grants | |||
| The National Lottery Community Fund | – | 25,926 | 25,926 |
| Hartlepool Borough Council -Debt Advice | – | 25,000 | 25,000 |
| Hartlepool Borough Council - DWP HSF | – | 11,084 | 11,084 |
| Hartlepool Borough Council - Training | – | 1,200 | 1,200 |
| Hartlepool Borough Council - Household Support | – | 133,521 | 133,521 |
| Hartlepool Borough Council - Food Bank | – | 34,585 | 34,585 |
| PFC Trust | – | 1,095 | 1,095 |
| Grantscape - Red Cap | – | 20,000 | 20,000 |
| Newcastle Building Society | 3,000 | – | 3,000 |
| TBBT | 400 | – | 400 |
| Thrive | 2,000 | – | 2,000 |
| Thirteen Group | 4,900 | – | 4,900 |
| NTUC | – | 26,723 | 26,723 |
| Uk Advice | 1,000 | – | 1,000 |
| Macmillan Cancer Support | – | 88,702 | 88,702 |
| Joseph Rowntree Foundation | – | 16,560 | 16,560 |
| Virgin Money | 500 | – | 500 |
|
|
|
|
| 19,877 | 389,135 | 409,012 | |
|
|
|
12
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 3,058 | 2,313 | 5,371 |
| Gift Aid | 457 | – | 457 |
| Grants | |||
| MAPs Benevolent Trust | – | 10,000 | 10,000 |
| Sir James Knott | 400 | – | 400 |
| Hartlepool Borough Council - Community HUB | – | 121,184 | 121,184 |
| Hartlepool Borough Council -Debt Advice | – | 24,027 | 24,027 |
| Hartlepool Borough Council - Household Support | – | 15,500 | 15,500 |
| Hartlepool Borough Council - Community Pot | – | 15,538 | 15,538 |
| Hartlepool Borough Council - Food Bank | – | 8,545 | 8,545 |
| Hartlepool Borough Council - Warm Hub | – | 150 | 150 |
| HAOP Lottery | – | 21,000 | 21,000 |
| Groundworks Uk | – | 1,350 | 1,350 |
| Bellway Homes | – | 500 | 500 |
| Birmingham City Council | – | 634 | 634 |
| NTUC | – | 27,314 | 27,314 |
| Olive & Norman Field Charity | – | 360 | 360 |
| Uk Advice | 2,000 | – | 2,000 |
| Macmillan Cancer Support | – | 96,062 | 96,062 |
| Joseph Rowntree Foundation | – | 12,918 | 12,918 |
| Virgin Money | – | 11,788 | 11,788 |
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| 5,915 | 369,183 | 375,098 | |
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| 6. | Charitable activities | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Room & hall hire | 13,950 | 13,950 | 13,979 | 13,979 | |
| Other | 12,296 | 12,296 | 1,622 | 1,622 | |
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||
| 26,246 | 26,246 | 15,601 | 15,601 | ||
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|
|
13
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
7. Investment income
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | |
| £ | £ | £ | £ | |
| Bank interest received | 750 | 750 | 89 | 89 |
|
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|
|
14
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
8. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| General Fund | 89,578 | – | 89,578 |
| Joseph Rowntree Foundation | – | 9,689 | 9,689 |
| Community HUB | – | 133,521 | 133,521 |
| The National Lottery Community Fund - Cost of Living | – | 1,215 | 1,215 |
| Food Bank | – | 34,585 | 34,585 |
| MacMillan Cancer Support | – | 88,702 | 88,702 |
| Debt Advice | – | 25,000 | 25,000 |
| Hartlepool Borough Council - DWP HSF | – | 10,646 | 10,646 |
| Cancer Support Group | – | 5,231 | 5,231 |
| Hartlepool Borough Council - Training | – | 1,200 | 1,200 |
| PFC Trust - Panto | – | 1,095 | 1,095 |
| Grantscape | – | 20,000 | 20,000 |
| NTUC | – | 26,723 | 26,723 |
|
|
|
|
| 89,578 | 357,607 | 447,185 | |
|
|
|
|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| General Fund | 37,632 | – | 37,632 |
| Joseph Rowntree Foundation | – | 11,829 | 11,829 |
| Virgin Money - Leading the Way | – | 16,709 | 16,709 |
| Trust House Charitable Trust | – | 8,000 | 8,000 |
| Community Pot | – | 15,538 | 15,538 |
| Community HUB | – | 121,184 | 121,184 |
| Food Bank | – | 8,545 | 8,545 |
| MacMillan Cancer Support | – | 88,702 | 88,702 |
| HAOP Lottery | – | 21,000 | 21,000 |
| Warm Hub | – | 150 | 150 |
| Debt Advice | – | 24,027 | 24,027 |
| Hartlepool Borough Council - DWP HSF | – | 10,871 | 10,871 |
| Olive & Norman Field Charity | – | 360 | 360 |
| Boiler Fund | – | 1,700 | 1,700 |
| POCA | – | 634 | 634 |
| Virgin Money - Cost of Living | – | 3,788 | 3,788 |
| MAPs Benevolent Fund | – | 10,000 | 10,000 |
| Cancer Support Group | – | 10,777 | 10,777 |
| NTUC | – | 27,314 | 27,314 |
|
|
|
|
| 37,632 | 381,128 | 418,760 | |
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|
15
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
9. Net expenditure
Net expenditure is stated after charging/(crediting):
| Net expenditure is stated after charging/(crediting): | |||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 4,317 | 4,256 | |
|
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||
| 10. | Independent examination fees | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Fees payable to the independent examiner for: | |||
| Independent examination of the financial statements | 500 | 940 | |
|
|
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 287,599 | 281,146 |
| Social security costs | 18,252 | 17,656 |
| Employer contributions to pension plans | 4,750 | 3,869 |
|
|
|
| 310,601 | 302,671 | |
|
|
The average head count of employees during the year was 14 (2023: 14). The average number of full-time equivalent employees during the year is analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| No. | No. | |
| Charitable activities | 12 | 13 |
| Management & governance | 2 | 1 |
|
|
|
| 14 | 14 | |
|
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No employee received employee benefits of more than £60,000 during the year (2023: Nil).
12. Trustee remuneration and expenses
no remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or
16
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
13. Tangible fixed assets
| Freehold | ||||
|---|---|---|---|---|
| property | Equipment | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2023 and 31 March 2024 | 32,761 | 47,476 | 80,237 | |
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||
| Depreciation | ||||
| At 1 April 2023 | 6,152 | 35,306 | 41,458 | |
| Charge for the year | 655 | 3,662 | 4,317 | |
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||
| At 31 March 2024 | 6,807 | 38,968 | 45,775 | |
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| Carrying amount | ||||
| At 31 March 2024 | 25,954 | 8,508 | 34,462 | |
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| At 31 March 2023 | 26,609 | 12,170 | 38,779 | |
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| 14. | Debtors | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Prepayments and accrued income | 6,381 | 6,284 | ||
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|||
| 15. | Creditors: amounts falling due within one year | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Accruals and deferred income | 700 | 940 | ||
| Other creditors | 1,024 | 791 | ||
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|||
| 1,724 | 1,731 | |||
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16. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,750 (2023: £3,869).
17
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At 31 March | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | |
| General Fund | 87,730 | 46,873 | (89,578) | – | 45,025 |
| Contingency Fund | 28,000 | – | – | – | 28,000 |
|
|
|
|
|
|
| 115,730 | 46,873 | (89,578) | – | 73,025 | |
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|
|
| At | At 31 March | ||||
| 1 April 2022 | Income | Expenditure | Transfers | 2023 | |
| £ | £ | £ | £ | £ | |
| General Fund | 104,284 | 21,605 | (37,632) | (527) | 87,730 |
| Contingency Fund | 28,000 | – | – | – | 28,000 |
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|
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|
|
| 132,284 | 21,605 | (37,632) | (527) | 115,730 | |
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| Restricted funds | |||||
| At | At 31 March | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 2024 | |
| £ | £ | £ | £ | £ | |
| Joseph Rowntree | |||||
| Foundation | 9,689 | 16,560 | (9,689) | – | 16,560 |
| Cummunity HUB | – | 133,521 | (133,521) | – | – |
| MacMillan Cancer | |||||
| Support | – | 88,702 | (88,702) | – | – |
| Debt Advice | – | 25,000 | (25,000) | – | – |
| Hartlepool Borough | |||||
| Council - DWP HSF | 4,629 | 11,084 | (10,646) | – | 5,067 |
| Cancer Support Group | 573 | 4,739 | (5,231) | – | 81 |
| Food Bank | – | 34,585 | (34,585) | – | – |
| NTUC | – | 26,723 | (26,723) | – | – |
| Hartlepool Borough | |||||
| Council Training | – | 1,200 | (1,200) | – | – |
| PFC Trust - Panto | – | 1,095 | (1,095) | – | – |
| Grantscape | – | 20,000 | (20,000) | – | – |
| The National Lottery | |||||
| Community Fund - Cost | |||||
| of Living | – | 25,926 | (1,215) | – | 24,711 |
|
|
|
|
|
|
| 14,891 | 389,135 | (357,607) | – | 46,419 | |
|
|
|
|
|
18
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
17. Analysis of charitable funds (continued)
| At | At 31 March | ||||
|---|---|---|---|---|---|
| 1 April 2022 | Income | Expenditure | Transfers | 2023 | |
| £ | £ | £ | £ | £ | |
| Joseph Rowntree | |||||
| Foundation | 8,600 | 12,918 | (11,829) | – | 9,689 |
| Cummunity HUB | – | 121,184 | (121,184) | – | – |
| Virgin Money - Leading | |||||
| the Way | 8,709 | 8,000 | (16,709) | – | – |
| Trust House Charitable | |||||
| Trust | 8,000 | – | (8,000) | – | – |
| MacMillan Cancer | |||||
| Support | – | 88,702 | (88,702) | – | – |
| HAOP Lottery | – | 21,000 | (21,000) | – | – |
| Debt Advice | – | 24,027 | (24,027) | – | – |
| Hartlepool Borough | |||||
| Council - DWP HSF | – | 15,500 | (10,871) | – | 4,629 |
| Community Pot | – | 15,538 | (15,538) | – | – |
| Olive & Norman Field | |||||
| Charity | – | 360 | (360) | – | – |
| Boiler Fund | 1,000 | 173 | (1,700) | 527 | – |
| Cancer Support Group | – | 11,350 | (10,777) | – | 573 |
| POCA | – | 634 | (634) | – | – |
| Food Bank | – | 8,545 | (8,545) | – | – |
| Virgin Money Cost of | |||||
| Living | – | 3,788 | (3,788) | – | – |
| NTUC | – | 27,314 | (27,314) | – | – |
| MAPs Benevolence | |||||
| Fund | – | 10,000 | (10,000) | – | – |
| Warm Hub | – | 150 | (150) | – | – |
|
|
|
|
|
|
| 26,309 | 369,183 | (381,128) | 527 | 14,891 | |
|
|
|
|
|
19
West View Advice & Resource Centre Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
18. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 34,462 | – | 34,462 | |
| Current assets | 40,287 | 46,419 | 86,706 | |
| Creditors less than 1 year | (1,724) | – | (1,724) | |
|
|
|
||
| Net assets | 73,025 | 46,419 | 119,444 | |
|
|
|
||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 38,779 | – | 38,779 | |
| Current assets | 78,682 | 14,891 | 93,573 | |
| Creditors less than 1 year | (1,731) | – | (1,731) | |
|
|
|
||
| Net assets | 115,730 | 14,891 | 130,621 | |
|
|
|
||
| 19. | Analysis of changes in net debt | |||
| At | ||||
| At 1 Apr 2023 | Cash flows | 31 Mar 2024 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 87,289 | (6,964) | 80,325 | |
|
|
|
20