## **CHAIR’S REPORT** **Welcome everyone to another successful year at Claremont First Step Community Centre and I am now in fourth year of being Chair of the Centre. My partnership with the Centre is longstanding and now reaches over twenty years.** **The past year has been very interesting we have expanded our work in the Community with more outreach work to our elderly members and our clubs within the Centre are still going strong. We have expanded our work with the very hard to reach clients who have complex issues with drugs and alcohol, we have a dedicated day for them to come into the Centre as a drop in service where they can access other professionals as well as just having a chat and a cuppa. This allows them to speak in an environment that is non-threatening or confrontational and it is going well in the first six months of implementation.** **Of course the Centre Staff are the main body of first response with these programmes and without their dedication none of it would be possible, therefore a big thank you must go to the Management and Staff of the Centre.** **Our sincere thanks must go to the volunteers of the Centre who are a dedicated and extremely loyal group of people and I hope they really understand how much they are appreciated for** [Type text] **the hard work they put into the various projects they are involved with.** Joannne Shepherd Claremont First Step Community Centre 27[th] October 2022 **Over the years we have developed partnership working with the various professionals within the town and I am glad to say that these continue to thrive and have become stronger over the years.** **Finally I would like to thank my fellow Board members whose commitment and time to the Centre is invaluable. I know you all have very busy lives within the Community but the advice and help in all things from the practical (changing bulbs, computer problems ect) to your business acumen is very much appreciated.** ## **Linda Markey** [Type text] Joannne Shepherd Claremont First Step Community Centre 2022 27[th] October [Type text] **Charity registration number 1088988** **Company registration number 03911790 (England and Wales)** # **CLAREMONT FIRST STEP COMMUNITY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2022** ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Mr K Mohammed| |---|---| ||Mr J Adams| ||Mr A Cavill| ||Mr A Goldie| ||Mrs L Markey| ||Mrs A Nowell| ||Mr I Taylor| |**Secretary**|Mr A Goldie| |**Charity number**|1088988| |**Company number**|03911790| |**Registered office**|Methodist Church Buildings| ||Dickson Road| ||Blackpool| ||Lancashire| ||FY1 2AP| |**Independent examiner**|Champion Accountants LLP| ||Unit 2 Olympic Court| ||Whitehills Business Park| ||Blackpool| ||Lancashire| ||FY4 5GU| ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 14| ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ The trustees present their annual report and financial statements for the year ended 31 March 2022. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum & Articles of Association , the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The charity's objects are to manage and maintain a Community Centre for the benefit of inhabitants of the Claremont and Talbot Wards of Blackpool and their environs. Claremont First Step Community Centre will reach out to all residents, both longstanding and new, providing a natural meeting place that responds to the need of the needs of the whole Community in a caring manner. We shall endeavour to improve the quality of life for all residents within the Claremont and surrounding areas, regardless of their personal circumstances. This will be achieved by building on existing traditions of community service. There has been no change in th e policies adopted in furtherance of these objects . Under the direction of the Board of Trustees who have a vast knowledge of life and work skills, the Charity is managed by a Chief Officer assisted by a Finance Officer. Two project workers oversee our large and varied programme of activities for the elderly and our club for adults with complex needs. They are ably assisted by an army of volunteers who come in on a daily basis. Our cafe on site that services the clubs is managed by a qualified chef. We are in partnership with Kirkham Open Prison and extend work experience to prisoners in the last year of their incarceration, especially to those prisoners who have had long sentences. This gives them a grounding to re-enter the work force again. Our staff are regularly encouraged to take up any training courses that could enhance their work skills. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** Our Centre is thriving this year and we have welcomed members old and new returning and getting used to normal life again after COVID. We are supporting more and more people who are disadvantaged in the community with our Raid the Larder project which allows them to come and pick up bags of groceries no questions asked every week. We know that this project will grow bigger as the months go on and needs escalate. We have also increased the use of the Centre for the ADDER project which supports clients who are in the process of coming off drugs and alcohol use. This is a vital project in the community and supports them from initial assessment to health and home support. We feel very proud that we are still going strong after 22 years and know that without the support of our Partners, Funders, Directors and Volunteers this would not be possible. We look forward to another year of us having the support, and us being able to roll that support out to the local community. ## **Financial review** The Charity has generated a surplus of income for the year amounting to £39,885 (2021 : £105,274), as a result of certain unrestricted monies being unspent at the year end. This has been added to the fund balances brought forward and total reserves of £217,967 are carried forward to next year. These reserves comprise £192,733 of unrestricted funds and £25,234 of restricted funds held for specific purposes. The restricted funds generally comprise grants received for salary purposes, The Trustees are mindful of the constant need to obtain new funding for core services, and to raise funds for general overheads which cannot normally be met from grant funding. - 1 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been achieved at the Balance Sheet date. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Structure, governance and management** The charity is a company limited by guarantee and has a Board of Trustees who are also Directors of the company. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Mr K Mohammed Mr J Adams Mr A Cavill Mr A Goldie Mrs L Markey Mrs A Nowell Mr I Taylor New trustees are appointed by way of formal application and letter. They are invited by the Board for an interview and if accepted they can attend the Board mid-year, but without any voting rights. Their appointment is then confirmed at the next Annual General Meeting. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The Charity is managed by the Management Committee which consists of all the Trustees. The committee is responsible for establishing and maintaining the policies and procedures of the organisation and best operating practices, including the recruitment of volunteers and staff, in compliance with all statutory regulations and fiscal requirements of a company limited by guarantee and Registered Charity. The trustees' r eport was approved by the Board of Trustees. .............................. **Mrs L Markey** Trustee Dated: ......................... - 2 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF CLAREMONT FIRST STEP COMMUNITY CENTRE** I report to the trustees on my examination of the financial statements of Claremont First Step Community Centre (the charity) for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the trustees of the charity (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 financial statements of the charity 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 financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or - 2 the financial statements do not accord with those records; or - 3 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 - 4 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). 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 financial statements to be reached. ## **Champion Accountants LLP** Unit 2 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU Dated: ......................... - 3 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2022**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
500
-
Charitable activities
**4**
29,198
144,035
Investments
**5**
5,055
-
Other income
**6**
27,515
-
**Total income**
62,268
144,035
**Expenditure on:**
Charitable activities
**7**
19,114
147,304
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
43,154
(3,269)
Fund balances at 1 April 2021
149,579
28,503
**Fund balances at 31 March**
**2022**
192,733
25,234|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
500
1,300
-
173,233
58,669
178,836
5,055
1,645
-
27,515
97,165
-
206,303
158,779
178,836
166,418
39,701
192,640
39,885
119,078
(13,804)
178,082
30,501
42,307
217,967
149,579
28,503|**Total**
**2021**
**£**
1,300
237,505
1,645
97,165
337,615
232,341
105,274
72,808
178,082| |---|---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 4 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2022**_ |**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**14**
Unrestricted funds
Designated funds
**15**
General unrestricted funds|**2022**
**£**
136
217,509
217,645
(3,389)
157,623
35,110|**£**
3,711
214,256
217,967
25,234
192,733
217,967|**2021**
**£**
14,488
181,149
195,637
(24,626)
-
149,579|**£**
7,071
171,011
178,082
28,503
149,579
178,082| |---|---|---|---|---| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on ......................... .............................. Mrs L Markey **Trustee** ## **Company registration number 03911790** - 5 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **1 Accounting policies** ## **Charity information** Claremont First Step Community Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is Methodist Church Buildings, Dickson Road, Blackpool, Lancashire, FY1 2AP. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 6 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **1 Accounting policies** ## **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings & equipment 20% on cost The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities . ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) . ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. - 7 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations and legacies** ||**Unrestricted**|Unrestricted| |---|---|---| ||**funds**|funds| ||**2022**|2021| ||**£**|£| |Donations and gifts|500|1,300| - 8 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **4 Charitable activities** |||**Charitable**|
**Charitable**| |---|---|---|---| |||**Income**|
**Income**| |||**2022**|
**2021**| |||**£**|
**£**| ||Cafe income|720|
738| ||Grant funding for community work|172,489|
236,555| ||Other income|24|
212| |||173,233|
237,505| ||Analysis by fund||| ||Unrestricted funds|29,198|
58,669| ||Restricted funds|144,035|
178,836| |||173,233|
237,505| |**5**|**Investments**||| |||**Unrestricted**|Unrestricted| |||**funds**|funds| |||**2022**|2021| |||**£**|£| ||Rental income|5,055|1,645| |**6**|**Other income**||| |||**Unrestricted**|Unrestricted| |||**funds**|funds| |||**2022**|2021| |||**£**|£| ||Coronavirus Job Retention Scheme|27,515|87,165| ||Business Rates grant|-|10,000| |||27,515|97,165| - 9 - **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## 7 ## **Charitable activities** |**Charitable activities**||| |---|---|---| ||**Charitable**|
**Charitable**| ||**Expenditure**|
**Expenditure**| ||**2022**|
**2021**| ||**£**|
**£**| |Staff costs|139,239|
149,238| |Depreciation and impairment|3,359|
3,359| |Rent, insurance & utilties|13,322|
18,412| |Repairs & maintenance|3,346|
954| |Printing, stationery & adverts|1,199|
427| |Telephone|1,778|
2,143| |Cleaning|177|
808| |Peoples Health Trust projects|-|
52,275| |Cafe purchases|862|
331| |Sundry expenses|2,055|
1,808| |Children in Need projects|181|
1,686| ||165,518|
231,441| |Share of governance costs (see note 8)|900|
900| ||166,418|
232,341| |**Analysis by fund**||| |Unrestricted funds|19,114|
39,701| |Restricted funds|147,304|
192,640| ||166,418|
232,341| |**For the year ended 31 March 2021**||| |Unrestricted funds|39,701|| |Restricted funds|192,640|| ||232,341|| - 10 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **8 Support costs** |**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Legal and professional
-
900
-
900
Analysed between
Charitable activities
-
900|**2022**
**£**
900
900
900|Support
costs
Governance
costs
£
£
-
900
-
900
-
900|2021
£
900
900
900| |---|---|---|---| Governance costs includes payments to the a ccountants of £ 900 (2021- £ 900 ) for a ccounts preparation. ## **9 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **10 Employees** The average monthly number of employees during the year was: |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2022**
**Number**
5
**2022**
**£**
125,457
6,611
7,171
139,239|**2021**
**Number**
6
**2021**
**£**
134,561
7,334
7,343
149,238| |---|---|---| There were no employees whose annual remuneration was more than £60,000. - 11 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ |**11**|**Tangible fixed assets**|||| |---|---|---|---|---| ||||**Fixtures, fittings & equipment**|| |||||**£**| ||**Cost**|||| ||At 1 April 2021|||63,261| ||At 31 March 2022|||63,261| ||**Depreciation and impairment**|||| ||At 1 April 2021|||56,191| ||Depreciation charged in the year|||3,359| ||At 31 March 2022|||59,550| ||**Carrying amount**|||| ||At 31 March 2022|||3,711| ||At 31 March 2021|||7,071| |**12**|**Debtors**|||| ||||**2022**|**2021**| ||**Amounts falling due within one year:**||**£**|**£**| ||Trade debtors||-|14,338| ||Prepayments and accrued income||136|150| ||||136|14,488| |**13**|**Creditors: amounts falling due within one year**|||| ||||**2022**|**2021**| |||**Notes**|**£**|**£**| ||Government grants||-|14,200| ||Accruals and deferred income||3,389|10,426| ||||3,389|24,626| - 12 - **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ ## **14 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**|||| |---|---|---|---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Balance at**||**Incoming**|**Resources**||**Balance at**|| ||**1 April 2020**|**resources**|**expended**|**1 April 2021**||**resources**|**expended**|
**31**|**March 2022**|| ||**£**|**£**|**£**||**£**|**£**|**£**|||**£**| |Peoples||||||||||| |Health Trust|22,307|22,307|(44,614)||-|-|-|||-| |Children in||||||||||| |Need|-|34,488|(34,488)||-|26,161|(26,161)|||-| |Henry Smith|12,500|12,500|(25,000)||-|-|-|||-| |Claremont||||||||||| |Park|-|8,603|(8,603)||-|13,909|(13,909)|||-| |Awards for All|7,500|-|(7,500)||-|-|-|||-| |Big Lottery|-|100,938|(72,435)|28,503||103,966|(107,235)||25,234|| ||42,307|178,836|(192,640)|28,503||144,036|(147,305)||25,234|| The restricted funds comprise mainly income for the payment of salaries, but also includes People's Health Trust monies for certain projects to be decided by the community. ## **15 Designated funds** The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes: ||**Movement**||**Movement**|| |---|---|---|---|---| ||**in funds**||**in funds**|| ||**Incoming**|**Balance at**|**Incoming**|
**Balance at**| ||**resources**|**1 April 2021**|**resources**|
**31 March 2022**| ||**£**|**£**|
**£**|
**£**| |Payroll costs|-|-|
157,623|
157,623| ||-|-|
157,623|
157,623| - 13 - ## **CLAREMONT FIRST STEP COMMUNITY CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_ |**16**
**Analysis of net assets between funds**
**Unrestricted**
**Restricted**
**funds**
**2022**
**2022**
**£**
**£**
Fund balances at 31
March 2022 are
represented by:
Tangible assets
1,211
2,500
Current assets/
(liabilities)
191,522
22,734
192,733
25,234|**Total**Unrestricted
Restricted
funds
**2022**
2021
2021
**£**
£
£
3,711
2,071
5,000
214,256
147,508
23,503
217,967
149,579
28,503|Total
2021
£
7,071
171,011
178,082| |---|---|---| ## **17 Related party transactions** There were no disclosable related party transactions during the year (2021 - none) . - 14 - Claremont First Step Community Centre Annual Report and Financial Statement 2021- 2022 Claiemonl First Step Community Cenlre Claremont First Step Community Centre Methodist Church Buildings Dickson Road Blackpool FYI 2AP Tel and Fax: 01253 299306 E-mail www.claremontcentre aol.com Registered Charity No: 1088988 Chief Officer- Joanne Shepherd Joanne Shepherd Claremont Flrst Step Communlty Centre 27 October 2Q22 MISSION STATEMENT "Claremont Flrst Step Communlty Centre wlll reach out to all resldents, both longstanding and newi providlng a natural meetlng place that responds to the needs of the whole communlty in a caring manner. We shall endeavour to Improve the quallty of Ilfe for all resldents wlthln the Claremont and the surroundlng areas, regardless of thelr personal clrcumstances. Thls wlll be achieved by buildlng on existlng tradltlons of communlty service" OUR ETHOS "FULFILLING PEOPLES, LIVES, Claiemont Flfst Step Communlly Centre Please always remember that every gift in every will however large or small makes a difference Thank You Joanne Shepherd Claremont Flrst step Community Centre 271h October 2022 CHIEF OFFICER'S REPORT 2021-2022 Welcome to another report from Claremont Flrst Step Communlty Centre, and thankfully we are still operatlng and golng strong. We are contlnuing to be Involved In all local communlty servlces and commltments and we are In the forefront of all that is happening in Blackpool. We have a range of servlces wlthln the Centre open to all from keep flt classes to computer classes and help and guldance with form filling for unlversal credit. The Raid the Larder proJect1s one of our primary servlces more needed than ever In these most vulnerable tlmes. We are seelng more people and lots of families who are flnding it very dlfficult to cope flnanclally. We are very grateful to the food partnership that supply us wlth food to give out and we have partnered wlth them to work more closely and become a referral agency for people who need extra help and pop into our Centre. The Adder Project is also stlll based at the Centre dealing with people with drug and alcohol addictlons, also homelessness and profound health problems. These cllents find It very dlfficult to connect with servlces but who are becoming very famlllar wlth the "no questions no Judgements lust help" ethos at the Centre. We have also opened our rooms up to other hard to reach people as a drop In space where they can come and disCUSS thelr problems over a brew and have somethlng to eat. We are flnding that more and more people are Just looklng for a safe space to unburden their problems over a cuppa and like the fact they have a non-judgemental ear. We stlll work dosely wlth Adult Soclal SeNlces and our soclal clubs are now plcklng up after COVID and getting back to normal. our club members have started to get out and about on thelr day trlps again through the Centre and are looking forward to Xmas with outings to the Pantomime. meals out and varlous Xmas festivltles. We meet regularly wlth other professlonal servlces In the town to dbcuss Issues and work out how best to be Involved with other groups. A blg thank you must go to all our Volunteers who are the backbone of our Centre. they help wlth all our piojects and thelr Input Is Invaluable. Our Cha5r Llnda Markey and our Management Commlttee have also given us a lot of help and support this year and their dedicatlon to the Centre is second to none. Hopefully we wlll keep golng onwards and upwards and look fonvard to another year of service to the Community. Ch8rlty règlstrallon number 1088988 Company reg15tratlon number 03911790 IEngland and Wal&s) CLAREMONT FIRST STEP COMMUNITY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 CLAREMONT FIRST STEP COMMUNITY CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustoes Mr K Mohammed Mr J Adams Mr A Cavill MrA Goldie Mrs L Markey Mrs A Now815 Mr l Taylor secretary Mr A Goldie Charlty number 1088988 Company number 03911790 Règl8tored offlce Melhodisl Church Buildings Dickson Road Blackp￿1 Lan¢ashlr8 FY12AP Independont 8xamlnar Champion Accountants LLP Unil 2 Olympic Court Whil@hi118 Business Park Bla¢kpool Lancashiie FY4 5GU CLAREMONT FIRST STEP COMMUNITY CENTRE CONTENTS Page Trusleès, r8POrt Independent examiner's report Slalement ol finanual Ècllvillèg Balance sheet Not&8 to the linancial 8lalemenls 6-14 CLAREMONT FIRST STEP COMMUNITY CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2022 The Iruslees prgsenl their annual rgpofl and firbancial statements for the year ended 31 March 2022. Th8 ac¢ounts hav8 been prepared In accord8nc8 with the a¢¢ounllng pollcles sol out In note 110 the sccounls and comply wilh the charity's Memorandum & Artlcles ol Associallon, Ihe Companies Act 2006 and 'Accounllng and Reporting by Charities: Slalemenl ol Recommended Pia¢tic8 applicable lo chari11o8 preparing their accounts in accordance with the Finanryal Reporting Standard appllcable In the UK and Republic ol Ireland IFRS 1021. las amended for accounting periods commenclng from 1 January 20161 Object5ves and actlvltles The charlly's oble¢ls are lo manage and malnlain a Community Cenlrè for thè ben6fil of inhabllanis ol the Claremont and Talbot Wards of Blackpool and their environs. Claremont First Slep Communily Centra w511 teach oul lo all residènts, both longslandlng and new, provldlng a natural meeting place that responds to the n88d of the needs of Ihe whole Community in a caring mav)ner, We shall endeavour lo improve the quality ol life lor all iesidenls wilhin the Claremont 8nd surrounding areas, regardfess of Ihelr ptsrsonal drcumslanees. This will be achievod by building on existing tradilions ol ¢ommunlly setvice. There ha5 been no change In the pollcles adopted In furtherance of these objects. Under th6 diracllon of the Board of Trusteès who have a vast knowlodgo ol Ille and work skllls, th& Charity Is managed by 8 Chief Offlcer assislod by a FInan￿ Officer. Two prolect workers oversee our largè and varied programme of aclivllles lor th8 elderly and our club for adults with cornplèx neads. Thèy are ably assisted by an arniy of volunle&rs who come in on a daily basis. Our cale on sile Ihal services the clubs is managed by qualified chel. We are ￿n parlnership with Kiikham Open Prison and extend work experience ID prisoners in Ihg last year of Ihelr Incarceration, èspècially lo tho88 prisoners who have had bng sentences. This gives them a groundlng to re-enler Ihe work force agaln. Our Staff are regulady encouraged lo lake up any training courses that could enhance their work skills. The Iruslees have paid due regard lo guSdance Issued by Ihe Charily Commission in deciding what activities the charity should undertakè, A¢hlèvements and performance Our Centre is Ihrivbng this year and w8 have welcomed members old and naw r8lurning and gelling used lo normal life again allar COVID. We ar8 supporting more and more peoplg who are dlbadv¢inl¢iged In the con)munlty with our Raid Ihe Lardor project which allow8 them lo come and pick up bags ol grocerles no qucslions asked every week. We know th81 Ihls project wlll grow bigger as the months w on Bnd needs escalale. We have also Increased Ihè usè of the Centre for Ihe ADDER prolecl whlch supports clients who are the process ol ¢omlng off drugs and alcohol use. Thls Is a vi181 proi8ct in th8 ¢ommunily and supports Ih8m from initial assessment lo he8llh and homè support. We feel v8ry p¥oud that wa are sllll golng strong after 22 ytsars and know Ihal wilhoul the support Df our Partnèrs, Funders, Directors and Volunteers this would not be possible. We look IDfw8rd lo another year of u having the support. and us being able lo roll Ihal suppo¥l out to th6 loc*1 Community. Flnanclal revlew The Charily has ganeraled a surplus of income for the year amounllng lo £39,885 {2021 £105,274), a8 a iesull of cerlain unrèslrlcled mnies being ur)spenl al the yeai. end. This has been added lo thè fund b818ncès bioughl rOn￿ard and lolal reserves of £217,967 arg carried forward lo next yea¥. Theso reserves compr15e £192,733 of unresliicted lunds and £25,234 of restilcted funds held for spe(xlio purposes. The reslricled funds ganerally comprlse granls received for salary purposes, The Trustees are mlndful ol the constant need lo obtain new funding for ¢org services, and lo r8lse funds l¢x general overheads which cannot normally be mel from grant furding. CLAREMONT FIRST STEP COMMUNITY CENTRE TRUSTEES. REPORT (CONTINUED}(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2022 11 is the policy ol Ihe charity that unreslriclecl funds which have not be8n designated for a specific use should be malnlalnod al a level aqulvalenl lo between three and six month's expgndSluro. Thts Irusltse8 ¢onsidgrs that rsserves al this level wlll ensure that, In the èvenl of a signi11￿nI drop in fundlng, Ihey wlll be abte lo continue the charity's current aclivilies while consideTalion is giv8n lo ways in which additional funds may be raisgd. This level ol reserves has been achièvèd al thè Balance Sheet dale. The Irusl8&8 have assessed the major iisks to which the charity is exposed, and are satisfied Ihal systems are in pla￿ lo MI￿gate exposure lo the major risks. Structure* governance and managèment The eharily 1$ a ¢ompany limited by guarante¢ and has a Board of Tluslees who are a180 Diieclors of the company. Th& Irusl8es. who are also th8 dlreclors for the purpose ol company law, and who served durlng the year and up lo Ihg dale of signature of the finan¢lal slalemenls wer8.. Mi K Mohammed Mr J Adams Mr A Cavlll MT A Goldie Mis L Markey MTS A Nowell Mr l Taylor New trustees are Iippuinled by way of formal application and letter. They are inviled by Board for a Inltsrview and if accepted they can allend the Board mid.y8ar, bul wilhoul any Yollng righls. Their appolnlmenl is Ihen eonlbrmed al the next Annual General Meeting. NLine of the Iruslees has any beneficlal interest in the company. All ol the Iruslees are members of tho company and guarantee lo contribute £1 in the event of a winding up. The Charity is managed by the Management Committee which CDnsisls of all the Trus188s. Thè ¢ommillÈa is rosponsible lor establishing and mainlainlng thè pollcies and procedures ol the organlsalh)n and b&sl Dp&raling practices. including the recmllmènl of volunteers and staff, in compliance wilh all st8lulory regulations and fiscal requlremenls of a Company limited by guarantee and Registered Charity. The Iruslees, port was approved by the Board ol Trustees. Mr$LMa Trusl$e Dated.. CLAREMONT FIRST STEP COMMUNITY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLAREMONT FIRST STEP COMMUNITY CENTRE I reporl lo thF Iruslees on my fxamlnallon of Ihg lInan￿al stalgTnenls of ClarerwK)nl Flrsl Slop Communlly Centre Ilhe charity) for the y8or endad 31 March 2022. Responsibllltles and basls of report As the trustees ol the charlty land also Ils dlreclors lor tho purposes of Company lawl you are responslble for the preparation of Ihe financial slatemenls in accordance wllh the requlremenls ol the Companies Acl 2006 Ilhe 2006 Acl}. H8vlng sallsfled myself that the financlal slal8men18 of the charity are not required lo be audited under Part 16 of the 2￿8 Act and are eligibl& lor indgpendenl 8xamlnalion, I report in respect of my oxaminalion of the chafily's financial sl818m8nls carri8d out und8r 88¢1ion 145 of the Charllles Act 2011 Ilhe 2C111 Acll. In carrying out my examlnallon I have followed all the appllcable Dlrecllons glven by the Charlly Commlsslon under section 145(51 Ibl ol Ihe 2011 Acl. IndÈp6ndent oxamlney's stalomènl I havts complolcd my cxaminalion. I confimi that no mallers have come lo my atlenlion in connection with the examination glving me cause lo b81ieve that in any material respect.. accounting records were not kept in respect of tho charlly as requlred by secllon 388 of the 2006 Act., or the finanGial statements do not accord with those records- or the financial 51algmenls do nol comply with the accounting roqulrernenls of section 398 ol Ihe 2006 AGI olhef than any requirem8nt that the a(￿o￿nts give a llue and fair ￿eW which is not a maller considered as part of an Independent examination- or the financial slalemenls have not be8n prepared in accordance with the moth￿$ and principlès of the stalenienl of Recommended Pracllce for accounllng and reportlng by charflles appllcabl2 lo charltles preparing Iheir accounts in accordancè with the Financial Reporting Slandaid applScable In the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other mallers in connection with the examirbalion lo which attention should be drawn in this r6port In order lo enablè a proper underslandlng ol the Ilnancial statements lo be reached. n Ac co LLw*cLThf& LLP Champlon Accountants LLP Unll 2 Olympic Court Whlbhllls Buslness Pa Blackpool Lancashlre FY4 5GU Dated.. CLAREMONT FIRST STEP COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDSNG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrestricted Restrlcted funds funds 2022 2022 Total Unrostrlcted Restricted funds funds 2021 2021 Total 2022 2021 Notès Donalions and legacigs Charitable activities Invèslmenls Olh¢r Income 500 29.198 5.055 27,515 500 173,233 5,055 27.515 1,300 $8,669 1,645 97,165 1,300 237,505 1.64S 97.165 844,035 178,836 Total Income 62,268 144,035 206,303 1 S8,779 178,836 337,615 Charitable aclivilies 19,114 147,304 166,418 39,701 192,640 232,341 Net Sncom•ll8xp*ndltur¢l for thè yèarl Nèt movempnt In funds 43.154 13,2691 39,885 119,078 (13,8041 105.274 Fund balancas at 1 Aprll 2021 149,579 28,503 178,082 30,501 42,307 72,808 Futtd balances at 31 March 2022 192.733 25,234 217,967 149.579 28,503 178,082 The slalemenl of financlal aclivi118s In¢lud&8 811 gains and10886s recogn188d In th8 year. All income and expendllure deflve from continuing activities. The slalemenl of financial activllies also complie8 with the requlr&menls for an Snwme and expendilure account under tho Companies Acl 2006. CLAREMONT FIRST STEP COMMUNITY CENTRE BALANCE SHEET ASAT31 MARCH 2022 2022 2021 Notès Flxed assets Tangible assels 11 3,711 7.071 Current assets Debtors Cash 81 bank and hand 12 136 217,509 14,488 181.149 217.645 195,637 Credltors.. amounts lalllng due wlthln one year 13 {3,3891 124,6261 Nel cuirenl ass81s 214,256 171.011 Total assots lèss curront Ilabllitlo 217,967 178.082 Incoma funds Reslricled funds Unreslricled fund Designated furlds General Ljnreslricled funds 14 25,234 28,503 157,623 35,110 149,579 192,733 149.579 217,967 178,082 The company is enlilled lo Ihe exemption from the audit requirement contained in 8ection 477 of Companies Act 2006, for the year ended 31 March 2022. The direGlors aoknowledge their responsibililies for complying with Ihe requiremonls Df the Companies Act 2006 wilh respect lo accounting récords and tha pr6p8r811on ol financial slat&m8nts. The members have not required the wmpany lo oblaSn an audit of Ils financial slalemenls lor the year In qu8slion in accordance with section 476. These linancial slalemenls have been prepared In a¢cDrdancg with Ihe provisions applicBble lo companies subj￿( lo the small companies reglme. Thè fina 1818m8n18 approved by the Tr￿8188S on MISLM Trustee rkey Company reglstratlon nurnber 03911790 CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IWARCH 2022 Accounting pollcles Charlfy informallon Claremont First Slep Communlly Centre Is a private company IlmSled by guaranloe incorporal&d In England and Wales. The registared offica is M8lhodist Church Buildings, Dlck80n Road, Blackpool, Lancashire, FY1 2AP. 1.1 Accounting conventlon The financial slal&mgnls h8v6 b88n prepared In accordance with the charity's Igovarning documenll, the Companies Act 2008, FRS 102 'The Flnanclal Reportlng Standard appllcabS0 in the UK Republlc of Ireland" I'FRS 102,1 and the Charilles SORP 'Accounling and Reporting by Charities.. Sl8lem8nl DI Recommended Practice applicable lo charities praparing Ihèlr accounls in a¢cordaneè with thè Financi81 Reporting Standard applicable in the UK and Republ5¢ ol Ireland IFRS 1021" leffeclivg 1 January 2019). Tho oharily Is a Public Benefit Enlily as dellned by FRS 102. The charity has taken &dvanlag8 of the provlslons In thè SORP for charities not lo prepare a Slalenienl of Cash Flows. The flnancial slalemenls are pr8pared in sl8rling, which Is th$ fundSon81 currency of th8 ¢h8rlty. Monetary amoun18 in these flnancial statements are rounded lo the nearest £. The financial slalemenls have been prepared under the histori¢81 cost convenlion. The prlndpal accDunling policies adopted are sel out below. 1.2 Golng con¢¢rn Al tho Ilme of approvlng the financial slalemenls. the Iruslees have a reasonable expectali(Jn that Ihe ¢harily has adequate rosources lo continue in operational existence lor the lore5eeable future. Thus the Iruslees continue lo adopt Ihe going concem basis of accounting in preparing the financial sialemenis. 1.3 Charltable funds Unreslricled fund8 arè available I{￿ use al Ihe discrelion of Ihe Iruslees in furtheran¢e of their charilable objectives. Reslricled funds ar¢ subl¢cl lo specific conditions by dono¥s as lo how they may be used. The purposes and uses of the r¢slricled funds are sel out In the notes lo the f5nancial stalernenls. Endowmenl funds ar8 8ubl8cl to specific condllions by donors that Ihe capital musl be malr)ialned by the charity. 1.4 Income Income Is recognised when Ihe charity IB legally entitled lo il aller any perforMar￿ conditions have been mel, the amounts ￿an be measured reliably, Bnd il is probable that inwme will be reoeived. Cash donations are r8cognised on recelpt. Other donations are recognised once the charity has been notified of Ihe donation, unless performance conditions require deferral ol the amounl. lllcome lax recoveTablè In relation lo donations received under Glft Ald or deads ol covenant 1$ i&¢ognls8d al the Ilme of tho donallon. Leg2CIOS 8re re¢ognl8ed on recèlpl or otherwise if the charity has begn notified ol an impending dislribulion, the amount is known, and re¢eSpl is expected. If th8 amount is not known. the legacy is Irealed as a conlingenl asso1. CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Aceounting pollcles Icontlnuedl 1.5 Exptrnditure Expenditure is rècognised once there is a legal or Gonsliuclive obligalw)n lo transfer economlc benèfil lo a Ihlrd party, il is probable that a transfer of 8conomlc ￿nefItS wlll b& requlred In settlement, and the amounl ol the obligation can b? measured reliably. Exp8ndilure 18 Classified by activity. The oosls of each aclivlly are made up of th8 lotgl of dlrecl costs and sha¥ed ¢osts. includlng SLtpport cosls involved in undertaklng each aclivlty. Dired rosls allribulable to a single aclivily are allocated dlreclly lo that activlty. Shared costs which contribute lo more than one activily &nd sL￿port costs whlch 8r8 not allrlbulable lo a single acllvlly are apportioned between those acilvltles on a basls consistent wilh Ihe use of resources. Central staff costs ar8 allo¢al8d on thè basis of lime spent. and depreciation Charges are 8llocalgd on the portion of the asset's use. 1.8 Tangible flxed ass&l$ Tangible tixed assets are Inillally measured al cost end sub8equanlly measured al wsl or valu8lion, nel ol d&preclaliDn and any Impalrment losses. Depreciation is recognised so as lo wrlie off the cost or valuation ol assals lass their r@8ldual values over their useful lives on the following bas&s.' Fixtures, fillings & 8qulpm8nl 20Yo on ¢osl The galn or loss arising on the disposal of an asset is delèrmined as the dlfference between the sale proceeds and the carrying value of the asset, and is recognised in the slalemènl of finxncixl Acllv115es. 1.7 Impalrment of fixed assets Al each reporting end dale, the Charity reviews the carrylng amounts of ils langlble a8$el8 lo del¢rmln8 whether there Is any indication that thosè assèls have suffered an impairment loss. 11 any such indication exisls. Ihe recovèrable amount ol the asset Is estimated in order lo determin& the exlenl of the impairmènt loss15f any). 1.8 Cash and cash equlvalgnts Cash and cash equivalents includ8 cash in hand, deposils hèld al ¢all wllh banks, other short-lerm liquid Investments with original m8lurilies of Ihree months or less, and bank overdrafts. Bank overdrafis are shown wilhln borrowings in currgnl llablllll88. 1.9 Flnanclal Instruments The charity has elected lo apply lh& provlsions DI Section 11 '8aslc FlnanGial Inslrumenls, and Section 12 'Oth8r Financial Instruments Issues. ol FRS 102 to all ol ils financial Instrumonls. Financial inslrumenl8 are recognised in the charily's balgnce sheet when Ihe charity becomes parly lo the conlraclual provislons ol the Im%lrumenl. Flnanclal assels and liabllill&s ar8 offs81. with the n81 amoun¢$ pr888nted In tho financlal slalemenls. when there Is a legally enlorce8ble right to 861 off the recognised amounts and there is an inlenliDn lo sellle on a nel basis or lo realise the agsel and selllo the liability simLJlt8n8ously. Baslc flnan¢lal assets Basio finan¢lal assets, which include debtors and cash and bank balan¢es, aro Inlllally measured al transaction price including Ir8nsaclion costs and arè subsequenlly carried al amoriised eosl using the èffeollve interest method unless thè ar¥angemenl cons(ilules a fSnanclng Iran8aclion, where the transaction is measured 81 the present value of the future receipts dtscount@d al a m8rkèl ralè of interest. Financial assets class5118d as re¢elvable wilhln one year are not amortlS8d. CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollcles Iconlinuedl B8sl¢ flnan¢lal Ilabllitles Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangemenl conslilulos a financing Iransaction, whewe Ihe debl inslrum8nl is measured al the proseRI value ol the future payments dlscoun18d al 8 market rale of Inlerésl. Flnancial liabilities classified as payable wllhln one year are nol amortised. Debt Instruments are subsequently carfled al amortised cost, uslng tha èffèctivé Inl8rèst ralé mèthod. Trade creditors ara obligallons lo pay for goods or services that have been acquired In the ordSnary coursè of operations from supplters. Amounts payable ara classified as current liabilities il payment is due within one year or less. If not, they are presented as non-currènl Ilabllilles. Trade creditors are recognised initially al transaction pri¢e and subsequently measured al aNK>rtised cost using the effoclive inloresl melhod. D•re¢ognillon of nnanclal Ilabllltlas Fln8ncial liabililles are derecognised when the ¢harlly'$ conl¥a¢lual obltgalion8 expire or are discharoed or cancèllad. 1.10 Employ88 beneflts The cost of any unused holiday enlillemenl is recognisod in the p8rlod In which the employee's sevviees are re¢aiv6d, Terminallon b?n&llts aTr recognised Immediately as an expense when the ¢harlly Is demonstrably committed lo18rmlnal8 the employm&nl of an employee or lo provide lerminallon bonellls. 1.11 Retlremènt ben8flts Payments to defined conlribullon retirement benefit schemes ere charged as an expensg 8s they fall dug. Crlllcal accountlng &sllmg1os and ludgement8 In the application of the charily's accounllng polldes, the Iruslees are required lo make judgements, sllmales and assumptions about the ¢arrying amount ol assets and liabilities that are nol readily apparent frorn olhor SoUr￿s. The estimates and assDcialÈd x%sumplion$ are based on historical experience and olhgr factors that are considered lo b& rel￿ant. Actual results may diffei from these eslimalgs. The estimates and und8dylng assumplions are reviewed on an ongoing basis. R8visions lo accounting 891imales are rècognised in thè pÉ4ri0d which the estimate is revised where the revislon affe¢ls only that period, or in the perlod of th& rovlslon and future periods where the revision aftecls both current and lulure périods. Donallons and lègaclè8 Unrestricted UnTesliicled funds funds 2022 2021 Donallons and gifts 500 1.300 CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charltable actlvltles Charitablè Charltable In¢ome Income 2022 2021 Cafe income Grant fundlng fc>r ￿MmUnity work Other income 720 172,489 24 738 238,55S 212 173,233 237.505 Analysis by fund Unreslrlcled funds Reslricled funds 29,198 144.035 58,669 178.836 173,233 237,505 Investment$ Unrestrlcted Unreslricled fund funds 2022 2021 Rgnlal Incom8 5,055 1,645 Other Incomè Unrestrlcted Unrestricted funds funds 2022 2021 Cotonavirus Job Ralention Scheme Business Rates gr￿1 27,515 87.165 10,000 27,515 97,165 CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charltable actlvllles Charitable Charltable ExpendllureExpenditure 2022 2021 Slaff c981$ eprecialion and impairment Rent, insuTanea & ulllllag Repairs & maintenance Prinling. slalionery & adverls Tglephono Cleaning Peoples Health Tru81 projects Cale pvr¢hases SL¢ndry expenses Children in Need projects 139,239 3,359 13.322 3,346 1.199 1,778 177 149,238 3.359 18,412 954 427 2,143 808 52,275 331 1,808 1,686 862 2,055 181 165,518 231,441 Share of 9ov8rnance costs (see note 81 900 900 166,418 232.341 Analysls by fund Unreslricled funds Reslrtcled funds 19,114 147,304 39.701 192,540 166,418 232,341 For the ygar ended 31 March 2021 Unreslricled funds R8Stricl8d funds 39,701 192,640 232,341 10. CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Support costs Support Governance costs costs 2022 Support Governance costs costs 2021 Légal and profesglonal 900 900 900 900 900 900 gOCI Analysed beiwe Charllable acllvllles 900 900 900 Governance costs Includes payments lo the accounlanls of £90012021- £9001 for accounts preparallon. Trust&g$ None of the Iruslees {or any persons connected wilh Iheml r&¢elved any remunerallon or banefils from the charily during the year. 10 Employees The average mortrlhly number of employges durlng the year was.. 2022 Number 2021 Number Employment costs 2022 2021 Wagas and salaries Social security costs Olh&r penslon costs 125.457 6,611 7.171 34,561 7,334 7,343 139.239 149,238 There were no employeps whosp annual remuneration was more than £60,000. CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 11 Tanglble Ilxed assets Flxlur88, Iltllngs & equlpment Cost Al 1 April 2021 fj3.261 At 31 March 2022 63.261 Depreclatlon and Impalrmènl Al 1 April 2021 Dapreclallon charged In IhFJ y98r 56,191 3,359 At 31 March 2022 59,550 Carrylng amount Al 31 March 2022 3.711 Al 31 March 2021 7,071 12 Debtors 2022 2021 Amounts lalllng due wllhln one yoar: Trade debtors Prepaym8nls and accrued income 14,338 150 136 136 14,488 13 Credltors: amounts falllng due wlthln ong yaar 2022 2021 Notes Government grants Accruals and deleffed Income 14,200 10,426 3,389 3,389 24,626 12- CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 14 Rgstrlcled funds The income funds of Ihe charity Include reslricled lunds Comprising the followlng un&xpended balanc¢s of donations and grants held on trust for specific purposes: Movemant In lund8 Incomlng rasourGeB Movement in funds Resourcos Balancè at Èxpeiided 31 Mar¢h 2022 Balancè al 1 Aprll 2020 RgsourGes Balan¢0 at oxp8nd•d 1 Apfll 2021 r8sour¢88 Peoples Hèalth Tiusl Children in Need Henry Smith Clar&monl Park Awards for All Big Lollery 22,307 22.307 144.6141 34,488 12,500 134.4881 125,0001 26,161 (28,1611 12.500 8.603 (8.6031 17.5001 {72,4351 13.909 113.9091 7.500 100.938 28.503 103,9fj6 1107.235) 25,234 42,307 178.836 {192,640} 28.503 144.036 1147,305) 25.234 The reslricled funds compTiSa malnly income lor tho payment ol salaries, bul also indudes People's Health Trust monles for certain projecls to dodded by the communlty. 1 S Deslgnatèd funds Th8 income ILJnds of the charity Include the following designated funds which have been set aside out of unreslrioled funds by Ihe Irusleès for specific purposes: Movgment in funds Incomlng ro8our¢o$ Mov&ment infunds Incomlng BalanGe at rè8otrrc¢$ 31 Morch 2022 B8lBncg at 1 Aprfl 2021 Payroll oosls 157.623 157.623 157,623 157,623 13- CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 16 Analysls of net assets betwoen funds UnrgStricted Reslrlctèd funds 2022 Total Unreslricled Reslrlolfjd funds 2021 Total 2022 2022 2021 2021 Fund balances al 31 March 2022 are represented by.. Tanglble assets Current asselsl 1.211 2,500 3.711 2,071 5,QOO 7,071 191,522 22,734 214,256 147,508 23.503 171.011 192,733 25,234 217,967 149,579 28,603 178,082 17 Related party Iransacllons There were no dI￿10sable related party tranSa￿on$ during the year12021 none). 14-