wMrrsrABLE UMBRELLA COMMUNrrY SUPPORT CENrn (A COMPANY LIDffiD BY GUARAKrEE) TRusfEIs' ANNUAL RipoKf AND PINAMCIAL sfATIMENTS FOR THE YEAR ENDED 31 MARCH 2024
WHITSTABLE UMBRELLA COMMUNrrY SUPPORT CENTRE CONTENTS Pages Trustees, Annual Report Independent Examinerfs Repcrfi ststement of FInarla1 Activities BaL8nce Sheet Notes to the Accounts 9-17
WHITSTABLE UMBRELLA commuNy SUPPORT cElRE Page 1 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, who are also Director5 for the purwses of company Law, have PaSure in presenting their report and the unaudrted financkal sL2tements of the Charity for the year ended 31 March 2023, which are also prepared to meet the requiremen1$ f a directors. rep)rt and accounts for Companies Act purposes. The financial statements cornpty with the Charit*s Act 2011. the Companie5 Act 21Th. the Memorandum and Articles of AsSoCn, and Accounting and Reporting by Charities.. Statement of Recommended Pr8Cttee applicable to charities preparing their accounts in aOrdarKe with the Financ1 Reporting Standard applicable in the UK and Republ of Ireland {FRS 102). REFERENCE AND ADMINISTRATIVE DETAILS Charity Registratlon Number 1097884 Company Reglstration Number 04290447 Registernd Office Sl MaS Hall Oxford stet Whtistable Kent CT5 1DD TrusteeslDirectors S Rees D Fisher G Gilbert A Martin D Moore V Kenny Chair (reswjn 19.4.231 Cornpany Secretsry Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME19 4JQ Independent Examln8r Mr S J Wren FCCA Accountancy Matters (Kenll Limitè The Marfowe Innovaln Centre Marlowe Way Ramsgate Kent CT12 6FA
WHITSTABLE UMBRELLA GOMMUNITY SUPPORT cElRE Page 2 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Whilstable Umbrella Centre is govemed by tts nvw'Articles of ASSlation", as amended at the Annual Genefal Meeting on the 29 November 2019. Thk8 change was undertaken in order to update the Article5 generally, ar to tske into account the various nv4¥ rules which have come into pla since the 7 September 2001, when both the old Athles and the"Memorandum ofAssC1atlOn. were last signed by the Trustees. The new rute5 stipulate that the Memorandum of Associabon cannot be changed, and so the8e 11 remain as before. as a htOrie81 record. Under the terns ofthe newArWes of ASsLWJn the c*'ects of the Whitstable Umbrella Centre rna1n the same as were contained in the Memorandum of Associthn: a} lo promote Iwrthout disknnctK)n of sex, sexual orientation, race, political affilLatKJn, religious or other opinions) ary Charrtab purpose for the benefft of the inhabitants of ChestFEId, Seasaf(er, salec1rf[e, Tankerton and Whrislable, Kent {Ihe area of ner((} and wihout prejudice lo the genefalty of the f()regoing in partular, bl to relieve mental or physical sKkness. disabilty or disorder, and to relieve the aged,. cl lo protect and preseNe mental and emotK)nal health and stsbilty. New Membership Rules The new Tules goveming membership rKW stipulate that the c4)ly rnernbe ofthe Charity shall be those persons who are appointed as Tru51ees of the Charity, and all persons appointed as Trustee5 shall be admitted as members. BO8 of TnJsl8es The Charity shall have a Board of Trustees c(Knprising at ast three member5. For the avoidance of doubt. Trustees are"directors' for company law purpose5 and"truslees' for chanty law purposes, and the personal details of all Trustees shall be fi1 with C(Thpanies House and the Charity CommissKJn, as required by law. Rocruitment and appolntment of trustees The Twstee5 may at any time appoint additional Trustees. being persons who are considered able to contribLrte lo the proper management and c0ThU¢t of the business of the Charity and fvrther lis object$. A ¢opy ofthe ne•VArtIc QfAssockgtn ofthe Urnbrelk Centre may be obtain8J from our Office, or from ourwebsite vAThi.umbrellacentre.co.uk Oryanlsational structure During the year, Simon Rees continued as the Chair,WTth the Boar(l of Trustees continuing to meet monthly. During the year. the staff cornpment gre•V With the re-opening of the café space and an addi(ional care taking resource. Joy James resigned. The core group of staff is Crao Potter Paul Butler, wi(h Dawd BL7ir and Lisa Emanuet in the Garden Café. They are key to the success of the Centre and rt would not function without th. The Same also be saKI of the very many volunteers we have running the computer club, Fisher Sla1 club, Tai Chi. tlbeIng yc¥Ja. Dunwns & Dragons group. Board games group, Foodies Market. Garden Café and cts furKlrai8ing eNwts. Likewse Mary Lerigo, Martin Lerigo, Hazel Leruo. Sheik Wy¥er and Steve Mumford c(tinued to voluntarily maintain Sl MaS Tcmn Garden.
WHITSTABLE UMBRELLA COMMUNiff SUPPORT CENTRE Page 3 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Risk assessment The Boar¢J of Trustees is responsib for identfying organisational risks. as outlined in our Business Plan for 2020123. copies of which are available from the olf or websf(e. In March 23, the Board approved a strateg Plan 2023r26 whh eKJht Strategic Priorf(ie$, the first of whh was to put the Centre onto a sound finan¢ial footing. lo ensure the continuation of the work of the centre by securing grantslfundraising to ath$S.. i. The day to day running of the Centre to SUre the vk4bility and slabilty of the charity ii.The backbg in repairs and upgrade facilits Ilo both mcmyemise and reduce running costs) The new Lease was sKJned in March 2024 with a eommencemenl date of January 2023 meaning prwsion for the backdating of rent was limrted lo then rather than the expiry of the old lease (January 20201. The thse includes an optKJn for the Centre to buy the freehold of the building and the Council also agre&l that we would have tsvo years to bring th8 building up to stsnd8rd as substantial investrnent is requirgJ to upgrade the heating system. entially see a new staircase instslled to the mezzanine. upgrade the foyer entrance with new dwrs, refurbish all the sash windows and replace the hall door etc. With the UmbrelLg Café ck)5ing in March 2023, the Centre initialty sought a n&Y tenant but eventualty the Trustees resofved to re-open the space tself as the Garden Café. There were also changes in respect of The HNe Ctrworking Space, whh was purchased by the Centre in April 2023 to enabk the provision to continue and generate much needed income lor Ihe Centre and its xtivitEs. OWECTIVES AND ACTIVITIES Whitslable Umbrella Centre is much more than just a spxe for hire. The buikling is a tool lch enables the Charty lo host, facilitate and prnOte a wwje variety of a¢tNthes. seMce5. groups and projects to benefft the Whit8table communty. Current service delivery includes.. Actwilies - Regular and on&off classes and groups to support the physical. mgntal and emotional wellbeing of the Whitstable communty. Projects - Providing spxe andlor support to long4emi initiatwes hdping the Whitstable communty. Space - Ensuring a Irdnety of safe and accessible Sp8$ for people to hire or use for free tg SUPPOrt the community. Evants - Hosting or facilrtatir¥J a dNerse range of one-off events such as fundrSer$, MUS events and parties for peop to come together in person. Supw)rt - ProvKJing frierKIty aThJ wdcoming staff and volunteers to hdp and support anyone in the eommunty who needs it, sharing inf0m1atn arKI sign posting to inlemal & extemal services. AS a resuh of our wot. we want pecpk in Whilstable to.. .eel S isolated and more connected to other5. .tBe supported when they need r( mosl. .tExperience improved physical. emotional arKI mental health arKI wellbeing. Our ¢ommunity garden continued to Provide a qUt place for relaxathjn and comfort. and eSialty useful for activrties which couklnl take plxe ind(M)rs.
WHITSTABLE UMBRELLA COMMUNrrf SUPPORT CETrRE Page 4 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 0ECTIVEs AND ACTMTIES- Contd Porfomiance Like many other voluntary organisalions, COVID tCJk its toll on the Centre's income and it has taken a while to get back to the user numbers we had before the Pandwnic. As reported last year income has again increas&J revenue from hiring the hall and dortnS up . As well as providing an opportunty for other voluntary groups to delNer such dNerse serM¢es as support for young survivors of stroke. the Umbrella Playgroup, creatNe art, social club. computer club and Tai Chi, the Canterbury Fooa Bank, the CAB. and Canterbury Housing Adw"co continu&Y lo provide direct support to local re8Klents. In total. 29 volunteer3 have gNen up their time and energy to delNer services at the Centre The Board has sel an annual target of providing free or subsilised space to enab other charitEs or communty groups lo delNer their services thin the Certre. In 2(r22r23, we were able to prowde £25,698 of sUPPOrt and in 2023124 we were ab to ncrease that to £26,373 exceeding our tsrget of £18.750 by £7.623 {40%}- In addttion. the Board was de1hted to rPen the le space as the Garden Café, staffed by employees and volunteers in September 2023 Re-opening in September 2023, (( is a communty project wth a donations based menu. It's aim is lo prowde a wekoming space to all where they can relax, enjoy the company of others and eat and drink whoth)mety. The Garden Café vrds aL80 a Wami spa during the winter through lo March 2024 promding a hot bevera3e and a meal to those who ne&Jed it. As usual the Centre had an Open Day in Juty 2023 and, in ember 2023, its Christmas Fair saw over 100 children visrt Santa Claus for free g¢ing h¢>me with a g The Hive Coworking was 8equired by the Cenlre in April 2023. It was originally established in 2018 as creative Workspa and natural incubator for freelancers, small business Ovdners and home4Yorkers. Income deriv{ from HNe Coworking enables the Centre to cross subshjise othei actNities and lo continue to operate The Centre also concluded the negotiation of its ne4V lease aJreem&tt with the Council lch was final put in place in March 2024. The new ase runs until 31 December 2042 and pdeS the Centre with an lion to purchase thg freehokj from the Couwl. This represents a fantastic opportunty to secure the Cenlre's long-lènn future. In the mediuln Igmi, the cent is in a position, wth the lease in pla, to start applying for grants not onty to support Irk but to &ldresS the backlog of repairs that nJ doing. FINANCIAL REVIEW Flnancial position The Charty incurrefl a bss of £37.385 during the year, refiecting the considerable cost of running the organisalion against the backdrop of the cost-of4iwng crisis. As al 31 March 2024, the charty had a defrt in respect of ts unrestrtcted reserves of £10,537 after taking into nI the Ftxed Asset and Emergency Closure funds. The Board has acted, and wrth rts ne4V lease in pLace, been able lo secure funds in 2024r25 to pul the Centre on a Sustainab position. In addl)n. with the music project Set to launch later this year. the Trustees are confhlent of generating further income surplus.
WHITSTABLE UMBRELLA COMMUNrrf SUPPORT CEKfRE Page 5 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Rgserves Pollcy and golng concem The Centre's Reserves Poly stipulates that the Centre shall have in reserves, a figure of beeen three and six months, tumover lexduding restricted funding). The Trustees believe that there is no reason to assume that this figure needs lo be revi&Hed downwards in the coming year, and, as noted above. is actively seeking additional inccrfne and grants to increase unrestricted income The Trustees have reviewed the chanvs budgets for the next 12 months. and based on these have a reasonab expectth.on that the charity 11 have adequate resources to continue in operational existen for the comin9 year. According, they ntinUe to adopt the°going concem. basis in preparing the financial Statements. PLANS FOR FUTURE PERIODS The Board 15 confident that the dfficuli peri¢>J engendered by the Pandern and the St-Of-1mng crisis is behind us, and with the new lease in place and the opportunty to buy the freehold of the building we foresee a much brighter future for the Cenlre. As well as expanding our existing seNices. the Board wanted to bn)aden the reach of the Centre by supportFng aspiring musickgns wishing lo get invow in the MUS industry and devebp their own material. whi anS are still in their infancy, the Board is confident that funders will s this as a welcome coportunty to support and deveh)p emerging iocal musicians and prov¥Je rehearsal and perfOMan spxes. During 2024r25. the Board of Trust intsnd lo fund raise to enab it to proceed Nwth the purchase of the freehold of the Centre PUBLIC BENEFIT The Centre is committed lo ensuring that rt remains of pUbr benefrt, and ensures that this is achieved by.- To continua to provide free spxe for chaiilies arKI C(MUnty groups to the value of at least £18,750 per annum. Operating a Community Garden arKI ad hoc eNents forthe general public,. Remaining a high qualty and accessib venu8 whh suprtJrt$ W charit$ and new inttiatives through its flexible prvng structure. Whltstable TogeUw- Come Rwn orsthnel Signed on behalf of the Boar(l of Trustees by: S Rees- Chair Date:
INDEPENDeNr EXAMINER'S REPORT TO THE TRUSTEES OF Page 6 WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEp¥fRE I port to the Charity trustees on my axomination of the ants of Ihe company for the ypar ended 31 March 2024 which are set out on pages 7 to 17. Responsibilities and basis of report As the Charrty's trustees of the Company land also its directors for the purposes of Company law} you are responsible for the preparation of the accounts in aCrdance with the requirements of the Companies Act 20C61'the 2006 Acri. Having Satisf myselfth8t the accounts of the Ccfflpany are requifftl to be audited under Part 16 of the 20C6 Act and are eligibk for indepeTrJent examination, I report in resp1 of my examinatvJn of your CharFVs accounts a5 carried under section 145 of the Charities Act 2011 I'the 2011 Act'l. In Carrng out my examination I have fk)Ed the DIrectnS gNen by the Charity Commissh?n under section 145) (bl of the 2011 A Independent examlnerfs sLitement I have completed my examination. l eonfimi that no matters have come to my attention in connection wth the examination gmng me cause to believe.. atuntIng records were not kept in respect of the Company as requirgj by seCtn 386 of the 2Cth Ad,. or the atUnts do not aceoftl with those reeord5,' (Y the accounts do not cc%nply with the accounting requirements of section 386 of the 2 Act other than any requirements that the accounts gNe a Irue and fair viev/ 15 not a matter considered as part of an independent examination.. or the accourrts have not been prepar&J in ar£ordanee wth methtsys arKI principles of the Statement of Recommended Pr&tice for accounting and reporting by charities applicable to charities preparing their accounts in accordants with the Financial Reporting Standard appluble in the UK and the Republic of Ireland IFRS 1(r2). I have no concems and have come across no other rnatte in conn&lh)n with the examination lo which attention should bo drawn in th[8 rewt in order to enable a prcoer understsnding of the accounts to be reach1. S J Wren FCCA Acwuntancy Matters (Kent) Limitod Chartered Certified Accountants The Marfowe Innovation Centre Marlowe Way Kent CT12 6FA LI14
WHITSTABLE UMBRELLA COMMUNrtY SUPPORT CEPRE Pag8 7 STATEMEKf OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure knounti FOR THE YEAR ENDED 31 MARCH 2024 Notss Unrestricted Restrlcted funds funds Totsl funds 2024 Totsl funds 2023 INCOME Donations and grants Charitable aclivities Other trading aCtltieS Investment ineom8 14,990 65,642 28,027 954 26,081 41,071 65,642 28,027 954 48,195 43,918 23.099 500 TOTAL INCOME 109,613 26,081 135,694 115,712 EXPENDITURE Cost of raising funds Charitable &tivities 11.853 132.031 11.853 161,226 9,767 109,860 29,195 TOTAL EXPENDrruRE 143.884 29,195 173,079 119.627 NET IEXPENDITURElnNCOME FOR ThE YEAR BEFORE TRANSFERS {34.271} {3,114) 137,385) {3.915) Transfers betren funds 13 5,536 {5.536 NET MOVEMENT IN FUNDS FOR THE YEAR {28.7351 {8,650} 137,385} {3,915) Balance as at 1 Apnl 2023 BALANCE AS AT 31 MARCH 2024 51,575 9.623 61,198 65,113 22,840 973 23,813 61,198
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEpifRE P&Je 8 BALANCE SHEET AS AT 31 MARCH 2024 2023 FIXED ASSErs Tangible assets 13.377 CURRENT ASSETS Stock Debtors and prepayments Cash at bank and in hand 10 7,247 32,657 14.376 57,397 40.254 71,773 CURRENT UABILITIES cd(ors'. amounts falling due within one 11 29.818 20.519 10,436 51,254 NET ASSETS 12 23,813 61,198 Represented by. FUNDS OF THE CHARITY Unrestricted general fund Designated funds Restrictsd funds 13 13 13 110,53n 33,377 973 21,631 29,944 9,623 TOTAL FUNDS 23.813 61,198 For the financial year ended 31 March 2024 the compary vras entild to exemption from audit under s.477 Companies Act 2rK6 and no members have deposited a notKe under 5.476 requiring an audrt. The Dir)rS a¢knoedge their responsibilities for ensuring that the company keeps accounting ordS whiGh comply with $.386 of the Act for preparing accounts which gNe a true and fair Mew of the slate of affairs of the MpanY as at the end of the financial sear arbj of its profft or loss for the financial year in accordance with the requirernents of se¢tK)ns 394 and 395 arKJ whh otheJwise compty with the requirements of the compan Act 20( relating to accounts, so far as applicable to the company. The financial statements have been prepared in a¢¢ordance with thè Sp191 proMsh)ns of Part 15 of the Compan$ Act 20C6 relating to small companies and in accorr18nce with the Charities SORP FRS 102. Approved and signed for issue by the Trustees on S Rees- Trustee D Fisher- Trustee Company registration numb8r- 04290447
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CENTRE Page 9 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POUCIES al Basls of accounting The financial statements have been prepar&J in )rdan with Acunting and Reporting by chareS '. Statement of Recommend Practice applble to tharities preparing their accounts in •rdanCe wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102} {effective 1 January 2019)- Icharitss SORP IFRS10211, the Fin8neial Reporting Standard applicable in the UK and Republ of Irdand IFRS102} the Crnpanies Act 21x6. whitstab Umbrelk Communty Support Centre meets the definrtion of a publK benefft entty under FRS 102. Assets and liabilrties are inrbally rectsJnis&J at hkstorical cost or transaction value unless othenvise stated in the relevant 8etcMJnting poly note. bl Proparation of the accounts on a golng eoncern basls The Trustees have revwed the Chantys forecast forthe next 12 months. noting the year end nggatrve free reserves posrtion from 202Y24. Hry4vever, with the signing of the lease. there has already been an improvement in the Centre's finances as a result of securing grant funding for co costs. and the Tnjstees are focused on boosting thg Cenlre's income. To that end. the launch of the music project, later this year, is expected not only to improve the reach of the Centre but to increase its income. Consequent, the Trustees have a reasonable exPeCtatn that the charty will have adequate resources to continue in operational existence for the coming year. Accordingty, the Trustees continue to adopt the'going COrm. baw in preparing the financial statements. cl Income Grants receivable . grants m to finance the activib¥ of Ihe Chty are crèJrtoJ lo the statement of financial athÈbes (SOFA) accounting in the peric#J to whh they reLgte. Bank interest- b8nk interest is included in the iOrn& arvj eypendf(ure account on receipt. Other income- other incce, induding donan$ and grfts are induded as they were INed. Deferred income - inc(xne received before the balanc£ sheet date for rcom hire aft8r the balan sheet date will be refiected wrthin deferred inecrne on the balance sheet dl Expendlture All expenditure is )unts on an ac¢Nals basis and indu(J8s VAT vthere appIable. ExpendTture has been includwj urKler expense cabjories that aggregate all costs for all(10n lo activrties. el Depreclatlon of fix8d assets Tangible ed assets costing more than £200 are stated al cost less deprOCkilv)n. Depreciation is provided at rates calcuLqted to write off the u)st less estimated resKlual value of ea¢h asset over its exp&W useful lrfe a8 fOlkn.. Computer¥ Fixtures, frtbng$ and equipment 25% straighl line 25% straight li fj Operatlng leases Rentals under operating leases are chargeAI to the Statent of FinancHI AclNilies on a straight line basis over the lease temi.
WHITSTABLE UMBRELLA COMMUNITY SUPPORT cElRE Page 10 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POUCIES gl Fund a¢¢ounting Unrestricted fvnds are grants. donations and other inccming resources re[Vable by the Charity withoLrt further splf purrx)se and are Wdikble as geral funds. Designated funds comprise ijnrestrthd fijnds that have teen set aside by the Trustees for particular purposes. The aim and use of designabj fu1 set out in Ihe notes lo the financial slalements. Restricted funds are funds whKh are to be used in accordance with restrictions imposed by donors or which have tjeen r8i%ed by the Charity for particular purposes. The costs of raising and administering such funds are charggj against the fuThJ. The aim of each restricted fund is set out in the notes to the finarKial StateMts. h} Significantludgements and estlmateg No Snlcant judgements or estimates to be maje ty the Trustees in preparing these financial statements. Totsl funds 2024 Total funds 2023 funds funds 2 DONATIONS AND GRANTS Donations Umbrella Café CIC Grants . Canterbury Cty Council Community Catatysts B&Q Foundation Kent Communty Foundation Arnold Clark Communty Fund The Asda Foundation The Philip and conn Phillips FOundatn Tesco Community Fund 14.990 14.990 3.151 19,713 3.151 1,OlYJ 3,053 5,000 9,500 1,000 21.555 21.555 8,304 1,125 375 375 14.990 26,081 41,071 48.195 3 INCOME FROM CHARITABLE ACTMTIES Communty Centre activit and hire Café sales 46.330 19,312 46,330 19,312 43,918 65,642 65.642 43,918 4 OTHER TRADING AcTlEs Fundraising evenl$ Printing services Rental income 676 22,423 21,915 21.915 28,027 28.027 23,099 5 INVESTMENT INCOME Bank interest [e1vab 954 954 500
WHITSTABLE UMBRELLA COMMUNrrY SUPPORT CEPRE Page11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 6 EXPENDITURE Unrestricted Restricted funds funds Totsl funds 2024 Total funds 2023 Cost of raising funds Fundraising costs Publicty Wages and salaries G¢011 written off 1.017 328 1.017 328 5,508 5.000 11,853 4.500 658 4,609 11.853 9,767 charitab activities costs Wages and salaries Volunteer costs and expenses Café food and drink purchases Cafe consumabks Lease of café equipment Sub contract Communty Clothes Bank Gran15 - The Umbrella Café CIC Communty Centre activiknes Maintenance of Communty Centre Cieaning and waste Rent Rates and water Light and heat Licen Printing, Pwe and stationery Telephone Insurance Computer costs and equipment eosts Equipment rental Website Bad debts Training Sundries Deprech8lion LossllProfrtl on disposal of fix&l assets Support costs.. Wages and salaries Legal and professional Bwkkeeping and payToII costs Gov8mance costs .' Wages and salaries Trustee meeting expenses Professional fees Independent Examine¢s fee 38,841 38,841 14,363 27 5,652 1.832 952 5.652 1,832 952 3.971 3,971 17,811 2,0 1,724 15,375 8,216 (11,010} 24.587 34,135 3.086 12,500 3,188 13,544 1,653 3.086 12.500 3,188 13.544 1.653 526 9,280 1,549 654 3.151 517 1.530 1,681 2,873 787 1.530 3.151 517 1.530 70 144 225 214 383 621 4,075 4,591 293 4,591 293 15.260 3.256 15,260 3,256 3.530 19.346 270 3.156 5.938 5,938 9.218 59 13 1,284 109,860 13 13 132,031 29.195 161,226 Tt)tal expgndSture 143,884 29,195 173,079 119,627 Of the total expenditurg in 2023 of £119.627. £1(X).052 was unrestrict&J arKI £19,575 was restrthj.
WHITSTABLE UMBRELLA COMMUNITY SUPPOFrr CEpifRE P&Je 12 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 7 NEf INCOME 2024 2023 This is stated after chargiThJ: Depreciation Independent Examinerfs remuneration.. 4,386 4,075 1,284 8 INFORMATION REGARDING EMPLOYEES 2024 2023 Wages and salaries Social securty costs Employer pension contribution5 Employment Alkhyance 64.214 4,724 1,333 4.724 46,549 3,954 987 3,954 65,547 47,536 The average monthty head ojunt vr4s 3 Staff1223- 2 staffj. The average number of eMpkn ba8ed on full time eqUdntS vras.. 2024 Nurnber 2023 Number Charitable activrties No employee remuneraln of more than £60.0 during the ar12023- £Nil). No Trust* rewved runeratiOn and one Trustee vras NbUr8ed expenses of £34 during the year 12023- £40). The total employee benefits {including empkijvs r)alical insurance) of the key management personn81 of the Chorrty were £38.150 (2023- £46.626}. 9 FIXED ASSETS Fixtures. Flttings & C(knputers 8qulpmènt Total Cost As at 1 April 2023 Addf(ions Disposals As at 31 March 2024 2.1 33,075 7,937 1,016 35,271 8.317 1,016 2.576 39,996 42.572 Depreciation A5 at 1 April 2023 Charge for the year Disposals As at 31 March 2024 1,767 23,560 4,305 {723 27,142 25.327 4,591 723 2,053 29.195 Net book value A8 at 31 M8rch 2024 523 12,854 13.377 As at 31 Marth 2023 429 9,515
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEPRE Page 13 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10 DEBTORS 2023 Trade debtors Other debtors Prepayments 2,372 7.932 1.164 5,280 4,875 7.247 14,376 11 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade creditors Taxation and social secunty Other ereditors Accruals Deferred income 9.375 6* 434 13,902 5,411 7,891 141 6,550 5,937 29,818 20,519 12 ANALYSIS OF NET ASSETS BETWEEN FUND General Designated Restri¢ted funds funds funds Totsl Fixed assgts Current assets Current liabiltties 13,377 20,thJO 13,377 40,254 29,818 19,281 29.818 973 Net assets as at 31 March 2024 (10.5371 33,377 973 23,813 ANALYSIS OF NET ASSEfs BEfwEEN FUND- PREVIOUS YEAR General Designated Restrlcted nds funds funds T¢)tal Fixed assets Current assets Current liabiif(ie5 42,150 20.519 20.000 9.623 71,7T3 20.519) 61,198 Net assets as at 31 March 2023 21.631 29,944 9.623
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CENTRE Page 14 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 MOVEMENT IN FUNDS 104 2023 Ineom• Expenditur¢ Transfern 3103 2024 Restricted funds Reslofative Training fund Communty Cbthes Bank Garden Equipment Kf(chen Equipment Communty Centre repairs Audio Equipment Total Restrtcted funds 1,117 3.971 (1441 {4,1961 (3,0321 973 375 1150) {1,503) {3.151) 3.151 21,555 121.5551 268 732 9.623 26,081 129,1951 {5,536) 973 Desynated funds Fixed asset fund Emergenw Closure furKI Totsl Designated funds 3.433 13,377 20,000 20.OCNJ 29.944 3,433 33.377 Unrestricted general funds 21.631 109.613 {143,8841 2.103 110,5371 Totsl funds 61,198 135,694 {173.0791 23,813 Restrictod funds . Restorative Training fund In January 2023, the Police and Crime Commissioner {PCCI for Kent approved the use of this grant for stsff training as it had not been possible lo use i( for its onginal purpose. £ 144 of the grant of £1.500 had been spent in 2023r24 forthis purpose, a balarKe of £973 to be spgnl on fubjre training ngeds. Communlty Clothes Bank A not-for-profrt communty OfKJinalty organisatDn based at the Centre, the Cmunty Clothes Bank (CCBI saves c&)thes from Lgndfill to help those need them. The Project covers East Kent. Established during the COVID pandemic kxkdown. inilial funding for the project eame from fundraisers and Nation81 Lottery grant funding (March to Juty 22) secured by the Centre. Further funds wer& receNed in 2022123 li.e. Tesco communty fvnd Juty 22. Kent Communty Foundation November 22 and Philip and Connie Phillips Foundation November 221. The kst grant payment was made by the Centre in November 2023. Ahhough rw) longer based at the Centre. the Community Clothes Bank still hosts fund raisers there. Garden Equlwnent The B&Q Foundation provKled funds in the prevKius year for the purchase of equipment. plants and materials for the outshde areas al the Centre but spend was largety focused on the St Ma5 Town garden. In 2023r24, the balance of the fund5 were used to purchase tables. chairs, benches, parasols and a barbecue for the garden. The transfer relates to rtems purchas&J th8t have been treated as fixed assets. Kitchen Equipment Followng the closure of Umbrella Café CIC, the business transferred its remaining funds and assets to the Cenlre. These monies were used to refrt a mLxJem, hnIC StaInS steel kitchen ahead of making fcod available al the Centre at its Garden Café. The iems purthas8J have been treated as fixed assets and are therefore Sh as a transfer fr the fund.
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEKTRE Page 15 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 MOVEMETrtr IN FUNDS- cont'd Community Centre repair5 Funding was from The Asda FourKlalK)n under rts investing in spaces and places grant stream which enabled the Centre to replxe the guitwing and redecorate gable ends. f¥ias and wndow frames. The funds also enabled the in¥taUation of water buits lo reduce the Centre's use of freshwater for wolering the garden. Audlo Equipment Funding from Canterbury City Counal's Gorrell Ward Councillors was provided to contribute to the purchasing of audD equipment in readiness for the music project launch. A surround sound system and Sony AV system were Instal in the café Sp and have been treat8d as f1 assets and are therefore sh(ln as a transfer from the fund. Deslgnated funds . Fixed asset fund A fund created by the Trustees and represents the net bcrfjk value of the Charitys fixed assets at the balance sheet date. The fund was created due to the increase in fLxed assets and 8tthough they are wf(hin general funds the value of the assets cannot be ublised fw fLrture expendrture. Ernorgency Closurg fund The Emergency Closure fund represents morw set aside by the Trustees to cover the saLqry costs that would be incurred in the evenl of the ch)sure of the Chanty. MOVEMENT IN FUNDS- PREVIOUS YEAR Asat 104 2022 Income Exwnditure TransfeTr 3103 2023 Restricted funds Restorative Training fu1 Community Clothes Bank Social Panty Planters Stuart Murray fund Community Catalysts Garden Equipment Xmas Fair 13831 117.811} 1,117 3.971 8.601 2.042 2.420 14.429 11.248) {2,042) {2,420) {1,OCQ) 16 (516) (465) 400 4.535 Total Restricted funds 15. 20.329 (19,575) (6,6941 9.623 Designated funds Fixed asset fund Emergenw Cknsure fvnd Total Designated funds 4,8TT 20.000 5.C67 20.000 24,877 S,CE7 29,944 UnreStrted general funds Total funds 24,673 95.383 {1c,052 1,627 21,631 65.113 115.712 {119,6271 61,198 Rfjstrlcted funds- previou5 year. Restorative Training fund The Restor*Ne Training fund ts a grant originalty thoughl to have come from Kent Police forthe provisKJn of training tr) raise awareness and understanding of restorative justice practices. 11 had not proved possib to use these funds for this pur[e arKI they remain&J unspent. The Chief Constable was written lo seeking his pemission for the monies to be spent on staff training to improve the services the Centre is able to delNer. The Chief Constable replied 8dwsing that the grant had been made by the Poliee & Crime Commissioner {PCC} for KenL On 8 Jan 2023. the PCC wrote appmving for the grant to be used for staff Ifaining instead.
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEKfRE Page 16 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 MOVEMENT IN FUNDS - PREVIOUS YEAR- confd Communlty Clothes Bank A nol-ft)r-profrt communty organisatn based at the Centre, the CLJnmunty Ck)thes Bank ICCBI saves clothes from landfill lo help those vtho need them. The Prqt covers East Kent. 11 was established during the COVID pandemic Icckdown and funding for the prO1t has come from fundraisers and National Lottery grant funding (March lo Juty 22) s&ured by the Centre. Further funds were reeewed in 2022123 li.e. Tesco communty fund ju 22, Kent CcMnmun5ty Foundation November 22 and Philip and Connie Phillips Foundatbjn Novemkr 22). The CCB intends to become a Communty Interest Company, which wll enable f( lo make grant appli¢atr)ns in ts cwn right. The tsansfer to UnreStted funds is a contribution to the chaTrVs administraiK)n costs. Social Pantry Created by the Umbrella Café CIC in partnership the Centre. the proiect is targeted towards those experiencing drfficujty accessing good food regularty and those who are socrally Isolat in our communty. All produce is shared betsn the members and the emphasis is on making self- empowered cho¢ees that include fresh products such as meat and dairy, vegetsbses and fruit, tinned good$, ¢ereals, snacks and treats. shop is usualty £4 for 20 items depending on availabilty. Granl funding Initial came from the National Lottery Communty Fund in 2020121 with addf(ional income from Philip and Connie Phillips Foundation in 2021122. an element of which vrds usa lo wver Centre costs and SP rental whteh has been shu•m as a transferto unreStred funds. As noted eartier, the Social Pantry unfortunately closa with the shutting of the lthbrella Café in March 2023. Plants Funding from Canterbury Cty Council via Green Herring Catering Ltd was secured to enhance the loc of the town and lo increase accessibilty to infonnatKJn about seNces and events. In April 2022, the Centre boughll four pknlers, plants and compost for the forecourt. The balance was used to acquire tsvo snbOardS which communty organisations arKI tU4•m businesses can borrow from the Centre. As the Planters and signboards are fixed assets. a transfer has been made to unrestricted funds to cover the cost. Stuart Murray fund The £1.000 was spent on installing a nthv water heater in the Lad. toilets in the up$tsirs foyer. As the water heater is a fixed asset a transfer has been m* to unrestricte¢J funds twards the cost. Communty Calaws The grant financed the purchase of tab arKI chairs in the ground ficor k)unge for use by %)Ckg1 groups. Garden Equipment The B&Q Foundation provKled fu1$ forthe purchase of equipment, ants and materials for the outside areas at the Centre but it will be primarity spent on the Sl Ma$ Tthvn garden Xmas Fair The Christmas Fair took Pla on 3 December 2022. The raised funds were used to dOrate the Hall and to contribute to the purthase of the gifts thai Sank gave out to the chiklren who visited his grotto. Designatod funds- previous yur: Fixed asset fund A fund created by the Tnjslees and represents the net bcok dIUe ofthe Charitys fixed assets at the balance Sh date. The fund was created due to the increase in fLxed assets and af(hough they are within general funds the value of the assets cannot be utilised for future expendf(ure. Emeryency Closurg fund The Emergency Closure fund represents money set aside bythe Trustees to cover th& salary and overhewj costs that would be in¢ufr1 in the eNEnt of the dosure of the Charity.
WHITSTABLE UMBRELLA COMMUNITY SUPPORT CEpifRE Page 17 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14 FINANCIAL COMMITMETr At 31 March 2024 the Charity hal future minmnum * p8yments under nOnacancellab operating ase8 as folbws.. 2024 2023 within one year wtthin tsvo lo fve years after fNe years 15,204 11.708 1,532 1.149 15 MEMBERS UABILrrY The company is a company limited by guarantee. Every member ofthe Charity undertakes to contribute such amount as may be required. not exceeding £10. to the Chartys assets rf r( shoukl be wound up while they are a member or within one year after ceased to be a member, for the eosls of wnding up and for the adjusknent ofth& rKJhts of pers(S have contribubj to the Chartys assets. 16 CORPORATION TAXATION The Charity is exempt from on income and gains falling wrthin secbon 505 of the Taxes Act 1988 or 8ect¥)n 252 of the TaxatK*n of Chargeable Gains Act 1992 lo the exient that these are applied to its charitable objects. 17 RELATED PAirfY TRANSACTIONS As noted in Note 2, there were Iranwbons 7thryth The UmbrefLa Cafe CIC. One ofthe Directors of this company is married to a Twslee. There were no other transacth)ns with rdated parties during the year under or the preceding year. 18 CONTINGENT UA8ILrrY The Cerrtre was notifd of 8n accident that happen&J on the Centre's forecourt in February 2022. A member of the public fell. reSung in a broken ami. A damaJe$ daim vrds submrtted in October 2022 in connection wtth the accident. At March 2024. the claim had still rbot been setued. The Centre's liabil 11 amount to the excess on its Insuran policy.