## Sangat Community Association
Charity number 1094818
A company limited by guarantee number 03745367
## Annual Report and Financial Statements
for the year ended 31 March 2023
_Group's logo_
## Sangat Community Association
Annual Report and Financial Statements for the year ended 31 March 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 6|
|Examiner's report|7|
|Statement of financial activities|8|
|Balance sheet|9|
|Notes to the accounts|10 to 15|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Sangat Community Association
## Trustees' report for the year ended 31 March 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
**Name Position Dates** Younis Qamar Chair Abdul Ghafoor Mohammed Manir Nasrain Ali Shamima Tahir Raza Israil Shafiq Malik Company Secretary Alaf Din Resigned 21 June 2022 Mohammed Azam Asif Yaseen **Senior Management** Riasat Ali **Charity number** 1094818 Registered in England and Wales **Company number** 03745367 Registered in England and Wales **Registered and principal address Bankers Solicitors** Sangat Centre HSBC Walker Foster Marlborough Street 36 North Street 63 Kirkgate Keighley Keighley Silsden, Keighley BD21 3HU BD21 3SF BD20 0PB
## **Independent examiner**
Rhys North ACA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 1 April 1999. It is governed by a memorandum and articles of association, as amended by special resolution dated 23 September 2002. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
## **Method of recruitment and appointment of trustees**
The management Board members, who are the directors of the company, are also the charity’s trustees, and are responsible for the overall management of the charitable company.
The Board is elected annually at the Annual General Meeting by the members.
Under the requirements of the memorandum and articles of association, at each Annual General Meeting 50% of the trustees shall retire by rotation, being those who have been longest in office since their last appointment. They may stand down or offer themselves for re-election.
We aim to recruit Board members from the local community, but also welcome nominations from anyone who shares our aims and objectives and who has special knowledge or skills which would strengthen the Board. The Centre Manager discusses the roles and responsibilities of a trustee with potential members and provides an opportunity for them to find out more about the organisation’s work and funding. All nominations are taken to the AGM for election.
2
## Sangat Community Association
## Trustees' report (continued) for the year ended 31 March 2023
## **Trustee induction and training**
All new Board members are given the Charity Commission booklet on the roles and responsibilities of being a trustee. They also have the opportunity to attend training and to join in activities.
The details of the charity’s trustees who have served during the year are set out on page 2. All trustees give their time voluntarily. Any expenses reclaimed by trustees from the charity are set out in note 10 to the accounts.
## **Risk Management**
The management Board has examined the principal areas of the charity’s operations and considered the major risks which may arise in each of these areas. In the opinion of the trustees the charity has established systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day-to-day operations.
Risks to the property and its contents are covered by comprehensive insurance. Project service users, workers and Board members are subject to the policies and procedures that have been approved to minimise all risks. The centre has Professional Indemnity and Employer’s and Public Liability Insurance. All these policies are subject to review.
## **Organisational Structure**
The policies and direction of Sangat are determined by the voluntary management Board. The full time centre manager (Riasat Ali) is responsible for the day to day running of the centre with a team of 14 part-time workers and session workers together with a valuable pool of volunteers.
## **Objectives and activities**
## **The charity's objects**
To promote the benefit of the inhabitants of Keighley and the surrounding areas, and in particular but not exclusively the Asian inhabitants, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and other leisure time occupation with the object of improving the conditions of life for the said inhabitants.
To establish or secure the establishment of a Community Centre (hereinafter called the Sangat Centre) and to maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects.
## **The charity's main activities Overview**
Our regular activities continue and are well used. These include general advice, immigration & employment advice, benefit advice, sewing classes, development work for women, social day care for the elderly, health and well being for men, health awareness programme, healthy cooking. social day care for Asian adults with Learning Disabilities, job club and IT, study support for boys and girls, ESOL & citizenship classes, exercise sessions for men and women and the soup kitchen. We also had many new projects which started.
## **Youth activities**
Our youth projects operate closely with schools to assist children to overcome their educational barriers and get additional help to improve their outcomes. This has given a considerable boost in school results and has also provided valuable experience for the volunteers.
3
## Sangat Community Association
## Trustees' report (continued) for the year ended 31 March 2023
## **The charity's main activities (continued) Health**
Sangat delivered an extensive range of projects with other partner organisations. Health awareness was the main focus. QED delivered various courses one of them which was ESOL for Health & Wellbeing which was aimed at ethnic minority men and women who are suffering loneliness, isolation and poor mental health. We provided warm spaces for people who needed a space where they could come and have hot food and socialize. We also delivered many food parcels to those who were in need.
## **Public benefit statement**
The aims, objectives and activities of the charity are reviewed annually, and achievements assessed. When reviewing the aims and objectives of the charity, and in planning future activities, the trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit and guidance published by the Commission. We have continued to provide opportunities for local people to say what services they wanted – training and education were high priorities.
## **Achievements and performance**
Sangat Centre has had an eventful year like always. It continues to be very popular amongst the local community. The classes and courses are always well attended.
We have had many new exciting projects which have started:
Souls Sisters – Women’s’ Pamper Group
Sangat’s Well Being Hub – Get together group for all ages
Sangat Community Meals – Warm Spaces
Parent & Toddler Group
DDMIX – Diverse Dance MIX & Floor
QED IT Essentials
QED Bridging The Gap
ESOL for Health & Wellbeing
Household Support Fund
The Social Day Centre funding has been renewed for another two years. This was an achievement for us because we had to re-apply for this as it was open to all. There was no guarantee that we would receive it. It was wonderful news to the staff and all the users too, that the Social Day Centre can carry on.
We are to receive £230,000 from the Keighley Town Investment Fund which we will use to extend and improve the centre.
We celebrated the Queens Jubilee in June. We had free food and free activities. It was a very popular event.
The centre is still a very popular choice for parties and events.
Sangat Centre is committed to developing links with other sections of the community in Keighley to improve mutual understanding and to promote social harmony.
4
## Sangat Community Association
## Trustees' report (continued) for the year ended 31 March 2023
## **Financial review**
The net income for the year was £89,254, including net income of £60,451 on unrestricted funds and net income of £28,803 on restricted funds, after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £180,288.
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should comprise closure costs for the charity as well as between 3 and 6 months of budgeted total expenditure. This equates to between £61,800 and £103,600 based on estimated redundancy costs and budgeted 2023/2024 expenditure.
At this level, the Trustees feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding. The trustees review the policy annually. In addition to the above plans the trustees have decided to set aside funding to cover planned major building works which will be carried out over the next few years. Although we have received funding for these works, this funding alone will not cover the costs. These funds are included in the designated reserves as per Note 9. Free reserves, net of designated funds, at the year end were £105,288.
5
## Sangat Community Association Trustees' report (continued) for the year ended 31 March 2023
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on 11/12/2023
Younis Qamar (Trustee)
6
## Sangat Community Association
## Independent examiner's report to the trustees of Sangat Community Association
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2023, which are set out on pages 8 to 15.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('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 charitable company's gross income exceeded £250,000 your examiner must be a fellow 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 fellow of which is one of the listed bodies.
I have completed my examination. I confirm that no material 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 company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Rhys North ACA
13/12/23
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
7
## Sangat Community Association
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2023
|Notes
2023
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
9,557
Hire charges
105,884
Contract and fee income
9,392
Meals and catering
512
Classes
8,580
Fundraising
591
Investment income
813
Other income
-
**Total income**
135,329
**Expenditure on:**
Salaries and NIC
(3)
42,679
Payroll charges
960
Volunteer expenses
420
Centre expenses
464
Transport costs
2,824
Administration costs
4,152
Tutors and training
11
Depreciation
4,540
Independent examination
1,848
Professional fees
3,213
Insurance
2,628
Sundry expenses
88
Activities
517
Building and maintenance costs
6,408
Utilities and rates
22,661
Equipment
551
Bad debts
775
Grant repayment
-
**Total expenditure**
94,739
**Net income / (expenditure)**
40,590
**Transfers between funds**
19,861
**Net movement in funds**
60,451
**Fund balances brought forward**
366,046
**Fund balances carried forward**
(4)
426,497|2023
Restricted
funds
£
167,646
-
-
-
-
-
-
-
167,646
69,929
180
6
41
3,039
877
1,748
-
-
8,477
-
-
22,525
9,341
-
2,819
-
-
118,982
48,664
(19,861)
28,803
16,620
45,423|2023
Total
funds
£
177,203
105,884
9,392
512
8,580
591
813
-
302,975
112,608
1,140
426
505
5,863
5,029
1,759
4,540
1,848
11,690
2,628
88
23,042
15,749
22,661
3,370
775
-
213,721
89,254
-
89,254
382,666
471,920|2022
Total
funds
£
117,574
55,180
14,836
1,074
7,480
100
17
1,877
198,138
128,350
1,447
880
869
3,849
4,164
3,072
12,729
1,440
6,708
3,283
69
16,111
25,599
13,785
3,396
75
2,800
228,626
(30,488)
-
(30,488)
413,154
382,666|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
8
## Sangat Community Association
## Balance sheet
|as at 31 March 2023
2023
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
246,209
**Total fixed assets**
246,209
**Current assets**
Debtors and prepayments
(6)
14,277
Cash at bank and in hand
(7)
170,406
**Total current assets**
184,683
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
4,395
**Total current liabilities**
4,395
**Net current assets**
180,288
**Net assets**
426,497
**Funds**
Unrestricted funds
General unrestricted funds
351,497
Designated funds
(9)
75,000
Unrestricted funds
426,497
Restricted funds
-
**Total funds**
426,497|2023
Restricted
£
-
-
2,500
42,923
45,423
-
-
45,423
45,423
-
-
-
45,423
45,423|2023
Total
£
246,209
246,209
16,777
213,329
230,106
4,395
4,395
225,711
471,920
351,497
75,000
426,497
45,423
471,920|2022
Total
£
250,065
250,065
7,600
138,690
146,290
13,689
13,689
132,601
382,666
366,046
-
366,046
16,620
382,666|
|---|---|---|---|
For the year ending 31 March 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 11/12/2023
Younis Qamar (Trustee)
9
## Sangat Community Association
## Notes to the accounts
## for the year ended 31 March 2023
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £600 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Freehold land: nil Freehold buildings: over 50 years Fixtures and fittings:15% on a reducing balance basis Motor vehicles: 25% on a reducing balance basis Computers and Software: over 3 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
10
## Sangat Community Association
## Notes to the accounts continued
for the year ended 31 March 2023
## **1 Accounting policies continued**
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
|**2 Grants and donations**
Bradford Metropolitan District Council (BMDC)
Groundwork
Keighley Town Council
National Lottery Community Fund
Project 6
HM Revenue and Customs
Leeds Community Foundation
Racial Equality Network
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|2023
Unrestricted
funds
£
342
-
-
-
-
-
-
-
9,215
9,557|2023
Restricted
funds
£
115,507
19,987
500
24,152
7,500
-
-
-
-
167,646|2023
Total
funds
£
115,849
19,987
500
24,152
7,500
-
-
-
9,215
177,203
2023
£
110,045
6,071
(5,000)
1,492
112,608|2022
Total
funds
£
73,654
-
-
13,475
-
11,410
2,240
12,150
4,645
117,574
2022
£
123,669
7,273
(4,000)
1,408
128,350|
|---|---|---|---|---|
The average number of employees during the year was 11.8, being an average of 5.1 full time equivalent (2022: 14.1, 5.2 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2023|2022|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|1,492|1,408|
11
## Sangat Community Association
## Notes to the accounts continued
## for the year ended 31 March 2023
|**4 Restricted funds**
Balance b/f
£
Acorn Fund
250
Awards for All
-
BDMC Community Chest
-
National Lottery Community Fund
1,000
BMDC UKSPF
-
Groundwork
-
HAF 2022
-
HAF Easter 2023
-
High Sheriff Fund
2,240
Household Support Fund
-
Jubilee Artist Fund
-
Jubilee Celebration Lunch
-
Keighley Healthy Living
10,301
Keighley Town Fund
-
Manningham Housing Association
-
BMDC Social Day Centre
29
BMDC Wellbeing and Health
-
Transformation Fund
2,800
Warm Meal Programme 2022
-
16,620|Incoming
£
-
8,850
250
13,475
5,000
19,987
16,903
2,304
-
14,650
725
250
7,500
32,800
1,827
16,115
10,000
-
17,010
167,646|Outgoing
£
250
2,741
-
14,475
-
16,680
16,903
348
2,240
12,418
405
250
7,971
10,694
1,827
11,419
5,772
2,724
11,865
118,982|Transfers
£
-
(400)
-
-
-
(3,307)
-
-
-
(2,083)
(320)
-
(2,635)
-
-
(1,743)
(4,228)
-
(5,145)
(19,861)|Balance c/f
£
-
5,709
250
-
5,000
-
-
1,956
-
149
-
-
7,195
22,106
-
2,982
-
76
-
45,423|
|---|---|---|---|---|
**Fund name Purpose of restriction** Acorn Fund Towards delivery of a garden project. Awards for All Deliver creative activities and produce a series of artworks to celebrate the diversity of cultures within Britain.
BDMC Community Chest National Lottery Community Fund BMDC UKSPF
Towards community café & family fun sessions.
To run a Saturday Club.
To provide food and household support packs, warm spaces for hot food, advice and support on cost of living.
To provide ESOL classes for the unemployed. This will help them gain skills and confidence needed to embark into employment. The transfer relates to the purchase of capitalised computer equipment and a contribution to overhead costs.
Groundwork
HAF 2022 Towards the delivery of holiday and food programmes in 2022. HAF Easter 2023 To deliver a holiday and food programme in Easter 2023. High Sheriff Fund Towards sporting activities for young people. Household Support Fund To enable the delivery of food parcels. Jubilee Artist Fund Toward artist fees and artist materials. Jubilee Celebration Lunch Day event at Sangat to celebrate the Queens Jubilee. Keighley Healthy Living To deliver a lifestyle change programme - exercise sessions and healthy
To deliver a lifestyle change programme - exercise sessions and healthy cook and eat sessions.
To support a programme of refurbishment and improvement of the Sangat Centre to be carried out over two years.
Keighley Town Fund
Manningham Housing Association Towards confidence building and money matters programmes.
12
Notes to the accounts continued for the year ended 31 March 2023
## Sangat Community Association
## **4 Restricted funds continued**
## **Fund name**
BMDC Social Day Centre BMDC Wellbeing and Health Transformation Fund Warm Meal Programme 2022
## **Purpose of restriction**
Towards day centre run for men and women from Mondays to Thursday. Day centre for men run on Thursdays.
To enable consultancy support for business development activities. To distribute food packs.
All transfers unless stated relate to recharges for room hire, overhead costs and management costs.
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
At 1 April 2022
Additions
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**Debtors and prepayments**
Debtors
Prepayments
**Cash at bank and in hand**
Cash at bank
Cash in hand
**Creditors and accruals**
Creditors
Accruals
Taxation and social security|£
7,416
684
8,100
3,596
2,139
5,735
2,365
3,820
Computer
equipment|£
20,053
-
20,053
19,785
67
19,852
201
268
Motor
Vehicles|£
81,939
-
81,939
69,868
1,811
71,679
10,260
12,071
Fixtures &
Fittings|£
401,827
-
401,827
167,921
523
168,444
233,383
233,906
2023
£
15,053
1,724
16,777
2023
£
210,917
2,412
213,329
2023
£
436
3,959
-
4,395
Freehold
Land &|Total
£
511,235
684
511,919
261,170
4,540
265,710
246,209
250,065
2022
£
6,058
1,542
7,600
2022
£
138,053
637
138,690
2022
£
5,932
6,543
1,214
13,689|
|---|---|---|---|---|---|---|
13
## Sangat Community Association
## Notes to the accounts continued
## for the year ended 31 March 2023
|**9 Designated funds**
Refurbishment and boiler
**Fund name**
Refurbishment and boiler|Balance b/f
Incoming
Outgoing
Transfers
Balance c/f
£
£
£
£
£
5,000
-
-
70,000
75,000
5,000
-
-
70,000
75,000
**Reason for designation**
Designated fund for centre refurbishment costs as well as for a boiler
replacement.|
|---|---|
## **10 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The total employee benefits received by key management personnel were £50,439 (previous year: £32,296).
## **Other transactions with trustees or related parties**
|**Other transactions with trustees or related parties**
Jamila Din
**11 Operating leases**
Within one year
In the second to fifth years inclusive
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:
Daughter of Alaf
Din (Trustee)
Employee
**Name of trustee**
**or related party**
**Relationship to**
**charity**
**Description of transaction**|2023
£
2,811
2,811
2023
£
590
-
590|2022
£
4,040
4,040
2022
£
960
320
1,280|
|---|---|---|
14
## Sangat Community Association
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023
|2023
2022
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
9,557
5,112
Hire charges
105,884
55,180
Contract and fee income
9,392
14,836
Meals and catering
512
1,074
Classes
8,580
7,480
Fundraising
591
100
Investment income
813
17
Other income
-
1,877
**Total income**
135,329
85,676
**Expenditure**
Salaries and NIC
42,679
35,445
Payroll charges
960
1,238
Volunteer expenses
420
-
Centre expenses
464
869
Transport costs
2,824
973
Administration costs
4,152
669
Tutors and training
11
1,815
Depreciation
4,540
12,729
Independent examination
1,848
1,440
Professional fees
3,213
2,388
Insurance
2,628
3,283
Sundry expenses
88
69
Activities
517
-
Building and maintenance costs
6,408
20,670
Utilities and rates
22,661
13,785
Equipment
551
2,372
Bad debts
775
75
Grant repayment
-
-
**Total expenditure**
94,739
97,820
**Net income / (expenditure)**
40,590
(12,144)
**Transfers between funds**
19,861
29,736
**Net movement in funds**
60,451
17,592
**Fund balances brought forward**
366,046
348,454
**Fund balances carried forward**
426,497
366,046|2023
Restricted
funds
£
167,646
-
-
-
-
-
-
-
167,646
69,929
180
6
41
3,039
877
1,748
-
-
8,477
-
-
22,525
9,341
-
2,819
-
-
118,982
48,664
(19,861)
28,803
16,620
45,423|2022
Restricted
funds
£
112,462
-
-
-
-
-
-
-
112,462
92,905
209
880
-
2,876
3,495
1,257
-
-
4,320
-
-
16,111
4,929
-
1,024
-
2,800
130,806
(18,344)
(29,736)
(48,080)
64,700
16,620|2023
Total
funds
£
177,203
105,884
9,392
512
8,580
591
813
-
302,975
112,608
1,140
426
505
5,863
5,029
1,759
4,540
1,848
11,690
2,628
88
23,042
15,749
22,661
3,370
775
-
213,721
89,254
-
89,254
382,666
471,920|2022
Total
funds
£
117,574
55,180
14,836
1,074
7,480
100
17
1,877
198,138
128,350
1,447
880
869
3,849
4,164
3,072
12,729
1,440
6,708
3,283
69
16,111
25,599
13,785
3,396
75
2,800
228,626
(30,488)
-
(30,488)
413,154
382,666|
|---|---|---|---|---|
15