Claremont First Step Community Centre Annual Report and Financial Statement 2023 - 2024 Claremont First Step Community Cent 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 First Step Community Centre 7 November 2024
MISSION STATEMENT "Claremont First Step Community Centre will reach out to all residents, both longstanding and new. providing a natural meeting place that responds to 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 the surrounding areas, regardles5 of their personal circumstances. This will be achieved by building on existing traditions of community service" OUR ETHOS "FULFILLING PEOPLES, LIVES, Claremont Flist Step Communlty Centre Please always remember that every gift in every will however large or small makes a differen Thank You Joanne Shepherd Claremont First step Community Centre 7 November 2024
Chief Officerfs Report th The Centre has now entered its 24 year. We are having a very busy year with our Tuesday, Friday & Wednesday clubs going strong and new projects Starting. Our members continue to come in weekly and look forward to their days out and celebration5. Over the last 24 years we have given out 22,800 food parcels, have served 35,000 meals in our pensioner clubs and supported 8,000 adults with learnin& difficultie ce the cost of living crisis in the last couple of years we have given o ergency food parcels. Of course it goes without saying that funding is getting much more difficult to access, there Is fewer f unders who can support charities and more and more charities applying to them. We are still supporting our clients in need wlth food, food vouchers, energv and household help. We are now extending this throughout the Winter months with a drop in to combat the cold weather. Our clients can stay on a Thursday have a light lunch play pool, table tennis and various board games. Hopefully this will help them keep warm, and we will be able to help them further with practical help and advice. We have partnered with Shelter who are based here once a week to glve advice and help to our clients who have social welfare problems. We are also running flu and covid Injection clinics in the next couple of weeks in partnership with the NHS hoping to target our Raid the Larder clients who are hard to reach. We are still supporting our Refugee project. They come in every week to get specific advice and help with form filling, language, housing and help with the asylum protocols needed for the Home Office. They have a support worker based here every week that helps them with the complexities needed to stay in this country. There is a large contingent of Asylum people in Blackpool staying in various hotels and houses throughout the town with a big majority of them in the Claremont area. They have various and extensive needs and we see them every week to help out with food and other items. We have teamed up with Blackpool Council and Betterstart who now have a room in the Centre specifically for storage of non-perishable items that can
be given out to families in need from toiletries to nappies. This is a great help to local families with small children who cannot afford these items. In partnership with the NHS we facilitate a Srnoking Cessation clinic once a week which has been extended from a half day to a full day. Clients who have been referred come in for one to one advice and also an open round table discussion with health care professionals and other people trying to quit. The Claremont area population has a high level of deprivation, various levels of health problems and to hold this clinic in the centre makes it a non- pressured environment for people to access. Our latest partnership is pvith United Youth Alliance wlth an office in the Centre to run their project. They support young people across the Fylde Coast with social action projects. Alongside this they support various youth work training and consultancy. We are working closely with various agencies and other Centre's in the Claremont area supporting our local people. We are looking forward to our th 25 Anniversary next year. It is quite an accomplishment to have lasted so long in the financial climate we have lived through especially in the last few years and a big thank you to all our funders and supporters over the years who have helped us reach this milestone. Joe Shepherd Chief Officer
Charity registration number 1088988 Company regtstratlon nUMr 03911790 (England and Wales) CLAREMONT FIRST STEP COMMUNITY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CLAREMONT FIRST STEP COMMUNITY CENTRE LEGALAND ADMINISTRATIVE INFORMATION Trustgos Mr K Mohammad Mr A Cavill Mr A Goldie Mrs L Mark6y Mrs A Nowell Mr l Taylor Secretary Mr A Goldie Charlty number 1088988 Company number 03911790 Règistered office Methodist Church Buildings Dickson Road Blackpool Lancashire FY12AP Independent examiner Champion Accountants LLP Unit 2 Olympic Court Whitehills Business Park Blackpool Lancashi FY4 5GU
CLAREMONT FIRST STEP COMMUNITY CENTRE CONTENTS Page Truslees, report Independent examinerfs report Statem8nl of financial acttvilies Balance sheet Noles to the financial stalemenis 6-14
CLAREMONT FIRST STEP COMMUNITY CENTRE TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present Ihair annual roFK)rl.and financial statemonts for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set oul in note to the financial statements and comply with the charity's Igoveming document], the Companies Act 2006 and 'Accounling and Reporting by Charities.. Slalemenl of Recommended Practic8 applicable lo charilies preparing their accolsnls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" (effective 1 January 2019)- Obj8ctive8 and actlvlt5es The charity's objects are to manage and maintain a Community Centre for the benefit of inhabitanls of the Clarernont and Talbot Wards of Blackpool and their environs. Claremonl First Step Community Centre will reach oul 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 CircumstanS. Thi5 will be achieved by building on existing traditions of community servi. There has been no change in the policies adopted in furtheran of these objects. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievement5 and performance The Centre has had a very busy year with our clubs going strong and new projects starting. Our members continue lo come In weekly and look foNard lo their days out and celebrations. We are still supporting our cllents In need wllh food. food vouchers, energy and household help. we are now extending this throughout the Winter monlhs wth a drop in to ¢ombal the cold weather. Our cllents can stay on a Thursday have 8 light lunch play pool, table tennis and various board games. Hopefully this will h8lp them make other friends, keep warm, and we will be able lo help them further with practical help and adv5ce. We hav& partnered with Shelt6r who come in once a wèèk to give advice and help lo our clienls who have social welfare problems. We are still supporting our Refugee project. They Lrne in every week to get specific advi¢e and help with form Iling, language, houslng and help wlth the asylum protocols needed for the Home Office. They have a support worker based here every week that helps them with Ihe complexilles needed to stay In Ihis country. There is large contingent of Asylum people in Blackwol slaying in various hotels and houses Ihroughoul the town with a big majorily of them in the Claremont area. They have various and extensive needs and we see them every week lo help out with food and other items. We have teamed up wilh Blackpool Council and Betterstart who now have a room in the Centre specifically for slorage of non-perishable items that can be given out to families in need from toiletries lo nappies. This is a great help lo local families who cannot afford these iteins. Our latest partnership is with Uniled Youth Alliance with an office in the Centre to run their project. They support young people across the Fylde Coast with social aclion projects. Alongside this they support various youth work training and consullancy. We are looking forward to oui 251h Anniversary next year_ It is quite an accomplishment to have lasted so long in the financial climate we have lived throrygh especially in the last few years and a big thank you to all our funders and supporters over the years who have helped us reach this milestone.
CLAREMONT FIRST STEP COMMUNITY CENTRE TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Financial review The Charity has incurred a deficit for the year amounting to £143,178 {2023 -.£35.521). as a result of unrestricled monies brought forward from previous years being expended on salary costs as grant funding reduces. This has been deducted from the fund balances brought forward and total reserves of £39,268 are carried forward lo next year. These reserves comprise £15,223 of unrestricted funds and £24,045 of restricted funds held for speciflc purposes. The reslricled funds generally comprise grants recetved for salary purposes, The Tnjstees are mindful of the constant need lo obtain new funding for core services, and to raise funds for general overheads which cannot nomially be mel from grant funding. New funding has been oblained from the Lotlery in the current year towards staff costs. It is the policy of the charity that unreslricted lunds which have not been designated for a specific use should be maintained al a level equivalent to beeen three and six month's expenditure. The truslees considers Ihat reserves al this level will ensure that. in the event of a significant drop in lunding, Ihey will be able lo ¢onlinue the charity's current activities while consideralion is given lo ways in which additional funds may be raised. This level of reseeS has not been achieved al the Balan Sheet dale. The trustees have assossed the major risks to which the charity is exposed, and are satisfied Ihal systems are In place to mitigate 8xposure lo Ihe major risks. Structurè, governance and management The charity is a company limited by guarantee and has a Board of Trustees who are also Directors of th8 company. The Iruslees, who are also the directors for the purpose of company law, and who served during the year and up to the dale of signature of the flnanclal statements were: Mr K Mohamrn6d Mr J Adams Mr A Cavill Mr A Goldie Mrs L Markey Mrs A Nowell Mr l Taylor New trustees are appoSnted by way of formal appllcalion and lett&r. They are invlled by the Board for an intetview and if accepted th8y can attend the Board mid-year. bul without any voting rights. Their appointment is then confirmed al Ihe nexl Annual General Meeting. None of the trustees has any beneficial iiterest in th6 Company. All of the Injstees are members of the company and guarantee lo contribute £1 In thè evenl of a windlng up. The Charlty is managed by the Managemenl 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 pr3Ctlce5. including the recruitment of volunteers and slaff. in compllance with all slatutory regulations and fiscal requirements of a company limitèd by guarantee and Registered Charity. The tr ees, report was approved by the Board of Trnstees. Lma rustee Daled..
CLAREMONT FIRST STEP COMMUNITY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLAREMONT FIRST STEP COMMUNITY CENTRE I report lo the trustees on my exaTnination of Ihe financial ststemenls of Claremont First Slep Community C8nlre (the chartyl for the y8ar ended 31 March 2024. Rasponsibilities and basls of report As the trustees of Ihe charily (and also its directors for the wrposes of company law) you are responsible for the preparation of the financial statemenls-ln accordance with the requirements of the Companies Act 2006 (tho 2006 Act). Having satisfied myself thal Ihe financial statements of the charity are not requir8d lo be audiled under Part 16 of the 2006 Act and are eligible for independenl exarninalion. I report in respect of my examination of the charity's financial statemonts carried out under seLlion 145 of the Charilies Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515){bl of the 2011 Act. Independent examlner's stalemenl I havo complctod my examination. I nfIrM that no matters have Come to my attention in connection with the examination giving me c8use lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or th& financial slatèmenls do not accord with those records: or the financial statements ijo not comply with the accounling requir8ments of section 396 of Ihe 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 exarninalion; or the financial statements have nol been prepared in accordance with the methods and principles of Ihe Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing IheSr accounts in accordance wilh Ihe Financial Reporting Standard applicable in the UK and R8public of Ireland (FRS 102>. I have no concerns and have Lome across no olher matters in connection with the examination to which attention should be drawn in this report in ordeT lo enable a proper understanding of the financial statements lo be reached. ICLfv4uo n qccoLLtthL(trJ LLP Champlon Accountants LLP Unil 2 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU
CLAREMONT FIRST STEP COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrèstricted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Notes Incom8 from: Donahons and legacies Charitable activities Investments 1.7C 8(MJ 20,830 1,700 30,800 20.830 1,800 8,451 8.110 1,800 149,786 8,110 30,000 141,335 Total Income 23,330 30.000 53,330 18,361 141,335 159,696 Expendllure on: Charftable actlvltl8S 158,420 38,OB8 196,508 60,781 134,436 195,217 Total expenditure 158,420 38,088 196,508 60,781 134,436 195,217 Net expenditure and movemenl in funds (135,090) (8,088) {143,178) (42,420} 6,899 135,5211 Reconciliation of funds: Fund balances al 1 April 2023 150,313 32,133 182,446 192,733 25.234 217,967 Fund balances at 31 March 2024 15.223 24.045 39,268 150,313 32,133 182,446 The statement of financlal aclivlties includes all gains and losses recognlsed In the year. All income and expendilur8 derive from continuing activities.
CLAREMONT FIRST STEP COMMUNITY CENTRE BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Noles Fixed assets Tangible assets 12 1,580 2,714 Current assets Debtors Cash at bank and in hand 13 2.140 39,999 173 184,103 42.139 184,276 Creditors,. amounts falling due within one year 44 (4,4511 (4,544) Net current assèts 37,688 179,732 Total assots less Current liabilities 39,268 182,446 N9t assets excludlng pen81on Ilablllty 39,268 182,446 The funds of the charlty Reslricled incoffle lund5 Unrestricted funds 16 24,045 15,223 32.133 150,313 39,268 182,446 The company Is entlled to the exemptlon from th8 aLbdlt requirem8nt contained in 58ctlon 477 of th8 Companies Act 2006, for the year ended 31 March 2024. Th8 direclors acknowledge their responsibilities for complying with Ihe r8quir8ments of the Companles Act 2006 wilh respect to accounting records and the preparation of financial slatem8nt5. The members have not required the company to obtain an audtt ol its financial statements for the y8ar in question in accordance with s6clion 476. These financial slalements have been prepared in accordance with the provisions applicable lo companies sublect to the small companies regime. The fin cial state ts were approved by the trustees on ........ ..... .......... L Markey Trustee Company registration number 039117 (England and Wales)
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policlgs Charlty Inforniation Claremont First Slep Cornmunity Centre is a private company limited by guarantee incorporated in England nd Wales. The registered officeps Methodisl Church Buildings, Dickson Road, BlackpoDI, Lancashire, FY1 2AP. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the Charitys Igoverning documentl, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland- I"FRS 102.) and the Charities SORP °Accounlin9 and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. (effeCve 1 January 20191. 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 8 Stal8m8nl of Cash Flows. The financial statements are prepared in 51erling, which is the funclional currency of the charity. Mon8tary amounts in these financial slatemenls are rounded to the nearest £. The financial statements have been prepareil under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Golng concern At the lime of approving the financlal statements, the Iruslees have a reasonable expectatlon that the charlty has adequate reSoUrS to continue in operational existence for the foreseeable future. Thus the Iru51ees 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 disuetion of the trustees in fvrtheran of their charitable objectives. Restricted funds are subject to speclfic conditions by donors or grantors as lo hc)w they may be used. The purposes and uses of the restricted funds are set out in Ihe notes to the fir)ancial statements. Endowm&nt funds are subject to specific Conditions by donors that the capital must be mainlain8d by the charity. 1.4 Income Income is recognised when the charity is legally entled lo it after any performan conditions have been mel, the amounts can b8 measur8d reliably, and il is probable thal income will be received. Cash donations are recognised on receipl. Other donations are recognised On the charity has beon notified of the donation, unless perforTnance conditions reqLFire deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the tiffle 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.
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies (Continued) 1.5 Expenditure Expenditure is recognised On there is a legal or constructive obligation to transfer economic benefil lo a third paty, it is probable that a transfer of oconomic benefits will be required in settlement, and the amount of the obllgatlon can be measured reliably. Expenditure k8 classrfiad by activity. The costs of each activlly are made up of the total of direct costs and shared costs. including support costs involved in undertaking each aclivily. Direct costs altribulable to a single activily are allocaled directly lo that activity- Shared costs which contribute to more than one activity and support costs whlch are not attributable to a single activity are apportioned between those actlvities on a basis consistent with the use of resources. Central staff costs are alh)cated on the basis of time spent, and depreciation charges are allocated on thé wrtion of Ihe asset's use. 1.6 Tangiblo flxed assots Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, nel of depreciation and any Impalrment losses. Depreciation is recognised so as lo write off the cost or valuah'on of assets less Iheir residual values over theor useful lives on the following bases: Fixtures. fittings & equlpment 20% on CA)sI The gain or loss arising on the disposal of an asset Is determined as the differen between the sale proceeds and the carrying value of the 8ssel, and is recognised in the statement of financial activities. 1.7 Impainnent of fixed assets Al each reporting end dale, the charity revIeV the carrying 8m¢)unls of ils tangible assets lo 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 delermine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposiis held al call with banks, othef short-term liquid investments with original maturities of thrce months or less. and bank overdrafts. Bank overdiafts are shown within borrowings in Cur nt liabilities. 1.9 Financlal instrumenls The ¢harily has elected lo apply Ihe provisions of Section 11 'Basic Financial 5nslruments' and Section 12 'other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in Ihe chariws balance sheel when the charity beGomes party lo the contractual provisions of the instrument. Financial assets and liabililies are offset, with the net amounts presenled in the financial slalements, when there is a legally enforceable ri9hl lo set off the recognised amounts and there is an intenlion lo settle on a net basis or to realise the asset and settle the liability simullaneausly. Baslc flnancial assets Baslc 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 elfective interest method unless the arrangemenl cnnstilules a financing transaction. where the Iransaclion is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified 8s receivable within one year are nol amortised.
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINAPICIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 M.4RCH 2024 Accounting F>olicies Icontlnued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transactlon price unless the arrangement conslitules a financing Iransaclion. where the debt inslfument Is measured al the present value of tha future payments discounted at a market rate of interest. Financial liabill9S classified as payable within on8 year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade credltors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as currenl liabilities if paym8nt is due wilhin one year or less. If not, they are presented as non-cuirenl liabilities. Trade creditors are reoognised initially al transaction price and subsequently measured at amortised cost using the effective interest method. Oer&cognltlon ol flnanclal Ilabllltles Financial liabilities are dere¢gnlSed when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee beneflts The cosl of any unused holiday entitlement is r6cognised in the period in which the employee's services are received. Termination benefits ore recognised immediately as an expense when the charity is demonstrably Committed to terminate the employment of an employee or to Provide terminaln benefits. 1.11 Retirement benefits Payments lo defined rnnlribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estlmates and judgements In the application of the charily's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other sources. The eslimates and associated assumpiions are based on historical experience and other factors that are consiLlered lo be relevant. Actual resulls may differ from Ihese estimates. The eslimales and undertying 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 perK)d of the revision and future periods where the revision affects both Current and future periods. Income from donations and legacies Llnrestricted funds 2024 Unrestricted funds 2023 Donations and gifts 1,700 1,800
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activttlos Unrestricted Restricted funds funds 2024 2024 Total Unrestrictod Rastricted funds funds 2023 2023 Total 2024 2023 Cafe incoTne Grant funding for community work Other income 720 720 1,515 1,515 30,000 30,LKIO 80 141,335 141,335 6,936 6,936 800 30,(X)O 30,800 8,451 141,335 149,786 Income from Investments Unrestrictsd Unrestricted funds funds 2024 2023 Rental income 20,830 8,110
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activltles Charitable Charitablè Expenditure Expenditure 2024 2023 staff costs Depreciation and impaim18nt Rent, insurance & ut11t$ Repairs & maintenance Printing. slalionery & adverts Telephone Cleaning Cafe purchases Sundry expenses Children in Need projects Cost of living grant expended 140.240 1,134 24,175 2.424 247 1.583 630 34 3,748 514 20,849 126.138 4,147 26,015 2,559 1,119 1,729 461 503 3,231 255 28,100 195,578 194,257 Sh8fe of governance costs (see nole 7) 930 960 196,508 195,217 Analysis by fund Unreslricled funds Restricted funds 158,420 38,088 60,781 134,436 196,508 195,217 For the year ended 31 March 2023 Unrestricted funds Restricted funds 60,781 134,436 195.217 Support costs allocated to activlties 2024 2023 Governance costs 930 960 Analysed belween: Independent examiner fees 930 960 10-
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl{crediting)- Depreciation of owned tangible fixed assets 1,134 4.147 Trustees None of the trustees (or any persons connected vitth them) received any remuneration or benefits from the Charity durlng the year. 10 Employees The average monthly number of employees during the year was: 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 126,697 6,208 7,335 115,208 4,688 6,242 140.240 126,138 There were no employees whose annual remuneration was more than £60.000. Remuneration of key management personnel The remuneration of key management personnel was as follows: 2024 2023 Aggregate compensation 112.972 99,156 11 Taxatlon The charily is exempt from taxation on its actNilies because all Fts income is applièd for ¢haritablè purposes. 11
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tangible fixed assets Fixtures, tittlngs & equtpment Cost At 1 April 2023 66,411 At 31 March 2024 66,411 Deproctation and Impalmient At 1 April 2023 Depreciation ¢harged in the year 63,697 1,134 At 31 March 2024 64,831 Carrying amount Al 31 March 2024 1,580 At 31 March 2023 2,714 13 Debtors 2024 2023 Amounts falling due within one year: Trade debtors Piepaymenls and accrued Income 1,949 191 173 2,140 173 14 Creditors: amounts falllng due wlthln one year 2024 2023 Accruals and defeed income 4,451 4,544 15 Retlrement benefit 5cheme5 2024 2023 Defined contributlon schemes Charge to profit or loss in resp8d of defined contribution schemes 7,335 6,242 The charily operates a defined conlribulion pension scheme for all qualifying errtployees. The assets of the scheme are held separately from those of Ihe charity in an independently administered fund. 12-
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Restricted funds The restricted funds of Ihe charity comprise Ihe unexpended balances of donatrons and granls held on Irust subject to specific conditsons by donors as to how they may be used. At 1 April 2023 Incomlng resources Resources expended Transfers At 31 March 2024 Big Lottery Blackpool Council Fixed Assets 26,771 3,OiXI 2,362 {4,301) {33,0001 {787) 22,470 30.000 1,575 32,133 30,000 {38.0881 24,045 Prèvlous yaar: At 1 Aprll 2022 Incomlng resources Resources expended Transfers At 31 March 2023 Big Lottery Blackpool Council Fixed Assets 25.234 107.085 34.250 (105,5481 {28,100) (788) 26,771 3,000 2,362 (3,150) 3,150 25,234 141,335 {134,4361 32,133 The reslricled funds comprlse Blg Lottery monies for salary fvjnding, and Blackpool Council funds for Cost of Llvlng support lo the community. 17 UnrèstrScted funds The unrestrictèd funds of the ¢h8rily comprise the unexpended balances of donations and grants which are not subject to specific CGI)ditFons by donors and grantors as to how they may be used. These includ8 designated funds which have been set aside out of unrestricled funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Resources At 31 March expended 2024 Payroll costs General funds 133.281 17,032 {133,281) (25,139) 23,330 15,223 150.313 23.330 (158,420) 15,223 Previous year: At 1 AprÉl 2022 Incoming reSoUe$ Resources At 31 March expended 2023 Payroll costs General funds 157.623 35.110 (24,342) {36,439) 133,281 17,032 18,361 192.733 18,361 {60,781) 150,313 13-
CLAREMONT FIRST STEP COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analysls of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current asselsl{liabilities) 1,575 22,470 1,580 37,688 15.218 15.223 24,045 39,268 Unrestricted funds 2023 Restrlcted funds 2023 Total 2023 At 31 March 2023- Tangible assets Current asselsl(liabililies) 352 149.961 2,362 29,771 2,714 179,732 150.313 32,133 182,446 19 Operating18a5e commitments Lessee At the reportlng end dale the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 2024 2023 Within one year Between two and five years 7,800 1,950 7,800 9,750 9,750 17,550 20 Relatèd party transactlons There were no disclosable related party IransaGlions during the year (2023 - none). 14-