## COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED
# REPORT REPORT AND AND FINANCIAL FINANCIAL STATEMENTS STATEMENTS
> FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2023 2023
> Company Company[Registration] Registration Number: Number: 04312498 04312498 (England (England and and Wales) Wales)
> Charity Charity Commission Commission Registered Registered Number: Number: 1098807 1098807
> (A (A Company Company Limited Limited by by Guarantee Guarantee and and not not having having share share capital) capital)
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
> For For the[the][financial] financial year year ended ended[31] 31 March March 2023[2023]
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|Contents|Contents|Page|Page|
|Administrative|Administrative|Information|[Information]|2|2|
|Directors|Directors|[and]|and|Trustees|Trustees|[Report]|Report|3-5|3-5|
|Report|Report|of|of the|[the]|Independent|Independent|Examiner|Examiner|6|6|
|Statement|Statement|of|of|Financial|Financial Activities|Activities|Fs|7|
|Balance|Balance|Sheet|Sheet|8-9|8-9|
|Notes|Notes|[to]|to|[the]|the|Financial|Financial|Statements|Statements|10—14|10-14|
|The|The|following|following page|page|does|does|not|not form|form|part|part|[of]|of the|the|financial|financial|statements|statements|
|Income|Income|and|[and]|Expenditure|Expenditure Account|Account|15|15|
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COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
## Administrative Administrative Information Information For For the[the] financial financial year year ended ended[31] 31 March March 2023 2023
|Trustees:
Trustees:|||
|---|---|---|
||Chris Towe
Chris Towe|(Chair)
(Chair)|
||Barry Douglas
Barry Douglas|(Treasurer)
(Treasurer)|
||Patricia Hill
Patricia Hill||
||Simon Young
Simon Young||
||Adam Williams
Adam Williams||
||Heidi Summersby
Heidi Summersby||
||Julie Parry
Julie Parry||
||Garth Howell
Garth Howell||
||Lisa Hare
Lisa Hare||
|Charitable Number:
Charitable Number:|1098807
1098807||
|Registered Office:
Registered Office:|Collingwood Centre Limited
Collingwood Centre Limited||
||Collingwood Drive
Collingwood Drive||
||Pheasey
Pheasey||
||Great Barr
Great Barr||
||Birmingham
Birmingham||
||B43 7NF
B43 7NF||
|Independent Examiner:
Independent Examiner:|AIT Accountants Limited
AITAccountants Limited||
||Suites 6
Suites 6||
||Malvern House
Malvern House||
||New Road
New Road||
||Solihull
Solihull||
||B91 3DL
B91 3DL||
|Bankers:
Bankers:|HSBC PLC
HSBC PLC||
||7 Kettlehouse Road
7 Kettlehouse Road||
||Kingstanding
Kingstanding||
||Birmingham
Birmingham||
||B44 9JJ
B44QJJ||
> -2Bx
COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Directors Directors and and Trustees Trustees Report Report For For the[the] financial financial year year ended ended[31] 31 March March 2023 2023
> The directors have pleasure submitting their report and the accounts of the for the The directors have pleasure submitting their report and the accounts of the company company for the year year ended ended[31] 31 March March[2023.] 2023. Principal Principal Activity Activity The The[principal] principal activity activity of[of] the the company company was was the the provision provision of of a a multi-purpose multi-purpose community community facility facility for for use use by[by][the] the people[people] of[of] Pheasey Pheasey Park[Park][Farm] Farm[and] and[the] the surrounding surrounding areas areas[of] of Walsall. Walsall.
> The The company company is[is] a a registered registered charity charity and and[the] the Department Department of of Trade Trade and and Industry Industry has has been been satisfied satisfied that that the[the] objects objects of of the the company company are are those those of of an an educational educational charity. charity. The The company's company's governing governing documents documents are are[its] its Memorandum Memorandum and and Articles Articles of of Association. Association.
## Objects Objects of[of] the the Charity Charity
- e To To promote promote the the benefit benefit of of the the inhabitants inhabitants of of Walsall Walsall and and in in particular, particular, the the immediate immediate neighbourhood neighbourhood of[of] Pheasey Pheasey park park Farm Farm without without distinction distinction of of sex sex or or of of political, political, religious religious or or other other opinions opinions by by associating associating the the local local authorities, authorities, voluntary voluntary organisations organisations and and inhabitants inhabitants in in a a common common effort effort[to] to advance advance education education and and to to provide provide facilities facilities in in the the interests interests of of social social welfare, welfare, the the object object of[of] improving improving conditions conditions of of life life of of said said inhabitants. inhabitants.
- e To To establish establish or or[to] to secure secure[the] the establishment establishment of of a a community community centre centre and and to to maintain maintain and and manage manage[or] or[to] to[co-operate] co-operate with[with] any any[statutory] statutory[authority] authority[in] in[the] the[maintenance] maintenance and[and] management management of of such such a a centre centre for for activities activities promoted promoted by by the the association association and and its its constituent constituent bodies. bodies.
## Review Review[of] of Developments Developments
The The Autism Autism meetings meetings continues continues[to] to grow grow from from strength strength to to strength strength providing providing a a valuable valuable point point of of contact. contact. Other Other developments developments and and achievements achievements during during the the year year included: included:
- e Continued Continued support support[of] of[local] local groups groups by by[offering] offering them them subsidised[subsidised] facilities facilities and and in[in] some some cases cases free free tables tables[at] at our our regular regular car car boot boot sales sales[to] to enable enable them them to[to] raise raise funding funding for for their their activities. activities.
- e A A[Special] Special Needs Needs Group Group continues continues to[to][utilise] utilise the[the] Centres[Centres] facilities facilities and and have have continued continued with with the the garden garden allotment allotment project. project.
- ® Continued Continued support support for for teaching teaching requirements requirements including including use use of of classrooms classrooms and and training training rooms. rooms.
- e The The bible bible classes classes continue continue and and the the onsite onsite charity charity shop shop run run by by volunteers volunteers continues continues to to a a success success as as[is] is the[the] provision provision of[of] lunches lunches to[to] the[the] vulnerable. vulnerable.
- e The The Counselling Counselling suite suite is is being being utilised utilised on on a a regular regular[basis,] basis, including including local local councillors. councillors.
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> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered[number:] number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Directors Directors and and Trustees Trustees Report[Report][ (continued)] (continued) For For the[the] financial financial year year ended ended[31] 31 March March 2023 2023
## Review Review of[of] Financial[Financial] Position Position
> This This year year[there] there has has[been] been a a transfer transfer[of] of a a deficit[deficit][of] of E3,757 £3,757[to] to[the] the General General Reserve Reserve (2022[(2022] - - surplus surplus £30,021. E30,021.
> Under Under[the] the Articles Articles[of] of Association, Association,[the] the[Council] Council[is] is prohibited prohibited[from] from[paying] paying a a dividend[dividend] to[to][the] the members members
> of the of the company. company.
## Membership Membership of[of] Board Board
> The The Board Board membership membership is[is][disclosed] disclosed above above[in] in the[the] administrative administrative[information] information section section on on page page[2.] 2. Board Board members' members’ interests[interests] in[in] shares shares
> Trustees Trustees of[of] the[the] charity charity are are[also] also directors directors and and members members[of] of[the] the company. company. The The company company does does[not] not have have any any[share] share[capital.] capital. Liability Liability[is] is[limited] limited[by] by guarantee. guarantee. Each Each member member agrees agrees[to] to contribute contribute[El] £1 in[in]
> the the event event of of the the company company being being wound wound up. up. They They do do not not receive receive any any remuneration remuneration for for their their services services but[but] are are reimbursed reimbursed for for out out[of] of pocket expenses. pocket expenses. Appointment Appointment of of new new Trustees Trustees
> The The Trustees Trustees seek seek a a broad[broad] range range[of] of skills[skills] and[and] experience experience among among their their[numbers.] numbers.
> When When[casual] casual vacancies vacancies occur, occur,[the] the Trustees Trustees seek seek suitable suitable candidates who candidates who are are[then] then proposed proposed[for] for election election as as Trustees Trustees and and directors directors[by] by[the] the members members[of] of the[the] company. company.
## Reserves Reserves[policy] policy
> The The Company Company[has] has[received] received no no endowment endowment income income and and[therefore] therefore[relies] relies on on retained retained surpluses surpluses to[to]
> meet meet its its future future requirements. requirements.
> The The Trustees Trustees[also] also consider consider it[it][prudent] prudent[to] to[attempt] attempt to[to][hold] hold unrestricted unrestricted and and[undesignated] undesignated reserves reserves to to meet meet exceptional exceptional and and unforeseen unforeseen contingencies contingencies of of between between three three and and six six months months of of the the resources resources[expended.] expended.
## Risk Risk management[management]
> The The Trustees Trustees have have reviewed reviewed and and[identified] identified[the] the major major[risk] risk[to] to which[which][the] the charity charity[is] is exposed exposed and and
> systems systems have have been been[established] established and and implemented implemented[to] to mitigate mitigate those those risks. risks.
## Accountants Accountants
> The The directors directors are are satisfied satisfied that that[the] the company company[is] is[entitled] entitled[to] to[exemption] exemption[under] under[the] the provisions provisions[of] of the[the] Companies Companies Act Act 2006 2006[(the] (the[Act)] Act)[relating] relating[to] to[the] the[audit] audit[of] of the[the] financial financial statements statements for[for] the[the] year year[by] by[virtue] virtue of of section section 477(2), 477(2), and and that that no no member member or or members members have have requested requested an an audit audit pursuant pursuant[to] to section section 145 145 of of the[the][Act.] Act.
> A A resolution[resolution][confirming] confirming the[the] re-appointment re-appointment of[of] the[the] accountants accountants will[will][be] be tabled[tabled] at[at] the[the][Annual] Annual General[General] Meeting. Meeting.
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COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Directors Directors and[and] Trustees Trustees Report Report[ (continued)] (continued) For For the[the] financial financial year year ended ended[31] 31 March March 2023 2023
## Directors’ Directors' responsibilities responsibilities
Company Company law law requires requires[the] the directors directors[to] to prepare prepare financial financial statements statements for for each each financial financial year which year which give give a a true true and and fair fair view view of of the the state state of of affairs affairs of of the the company company and and of of the the profit profit or or loss loss of of the the company company for[for] that[that] year. year.[In] In[preparing] preparing[those] those financial financial statements,[statements,] the[the] directors directors are are required[required] to:[to:]
> • e select select suitable suitable accounting accounting policies[policies] and and then then apply apply them them consistently; consistently;
> • e make make judgements judgements[and] and estimates estimates that[that] are are reasonable reasonable and and prudent;[prudent;] and and e prepare prepare[the] the[financial] financial[statements] statements[on] on[the] the[going] going concern concern basis[basis] unless[unless][it] it[is] is inappropriate inappropriate to[to]
> presume presume that[that][the] the company company will[will] continue continue[in] in[business.] business.
> The The directors directors are are responsible responsible for for keeping keeping proper proper accounting[accounting] records records which which disclose disclose with with
> reasonable reasonable accuracy accuracy[at] at any any time time the the financial financial position position of of the the company company and and to to enable enable them them to to
> ensure ensure[that] that[the] the financial financial statements statements comply comply[with] with requirements requirements[of] of section section[393] 393 of[of] the[the] Companies Companies Act Act[2006.] 2006. They They are are also also[responsible] responsible for for safeguarding safeguarding[the] the assets assets[of] of the the company company and and hence hence for for
> taking taking reasonable reasonable steps steps for for the the prevention prevention and and detection detection of of fraud fraud and and other other irregularities. irregularities.
This This report report has has been been prepared prepared in in accordance accordance with with the the special special provisions provisions applicable applicable to to the the small small companies’ companies' regime.[regime.]
This This report report was was approved approved by by the the Board Board on on 21 21 June June 2023 2023 and and signed signed on on its its behalf behalf by: by:
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Barry Douglas
Treasurer Treasurer Barry Douglas } dow i i
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> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
> Report Report[of] of the[the] Independent Independent Examiner Examiner
> For For the[the] financial financial year year ended ended 31[31] March March 2023 2023
I | report report to to the the charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of the the Company Company for for the the year year ended ended 31[31] March March 2023[2023] .
## Responsibilities Responsibilities and and[basis] basis[of] of report report
> As As the[the] charity’s[charity's] trustees trustees[of] of the[the] Company Company (who (who are are also also the the directors directors[of] of the the company company for for the the
> purposes purposes of[of] company company[law),] law), you you are are responsible[responsible][for] for the[the][preparation] preparation of[of] the[the] accounts accounts in[in] accordance accordance
> with with[the] the requirements requirements[of] of the the Companies Companies Act Act 2006 2006[("the] (“the 2006 2006 Act"). Act”).
> Having Having[satisfied] satisfied myself myself that[that] the the accounts accounts[of] of the the Company Company are are not not required required to to be be audited audited for for this this year year[under] under Part[Part][16] 16[of] of the[the] 2006[2006][Act] Act and and are[are] eligible eligible[for] for independent independent examination, examination, |[I][report] report[in] in respect respect of of my my examination examination of of your your charity’s[charity's] accounts accounts as as carried carried out out under under section section 145 145 of of the the Charities Charities Act Act 2011 2011 (“the[("the] 2011 2011 Act"). Act”). In In carrying carrying out out my my examination, examination, | I have have followed followed the the Directions Directions given[given] by[by][the] the[Charity] Charity Commission Commission (under (under section section 145(5)(b) 145(5)(b) of[of] the the 2011 2011 Act.[Act.]
## Independent Independent examiner's examiner's statement statement
I | have have completed completed my my examination. examination. I | confirm confirm that that no no material material matters matters have have come come to to my my attention attention which which gives gives me me cause cause to to believe believe that: that:
- accounting accounting records records were were[not] not kept[kept][in] in accordance accordance with with section section 386 386[of] of the the Companies Companies Act Act 2006; 2006; or or
- ¢ the the accounts accounts do do not not accord accord with with such such records; records; or or * the the accounts accounts do do not not comply comply with with relevant relevant accounting accounting requirements requirements under under section section 396 396 of of the the Companies Companies Act Act 2006 2006 other[other] than than any any requirement requirement that that the the accounts accounts give give a a 'true ‘true and and fair’ fair' view view which which is is not[not] a a matter matter considered considered as as part part of of an an independent independent examination; examination; or or
* the the accounts accounts have have not not been been prepared prepared in in accordance accordance with with the the Charities Charities SORP SORP (FRS102). (FRS102). Signed Signed[21] 21 June June 2023 2023 oad /4T¯/ /4cccuu/-c4/7 Aictcustorh Lindel For For & & on on behalf[behalf][of:] of: AIT AIT Accountants Accountants Limited Limited Malvern Malvern House, House, New New Road, Road, Solihull, Solihull, B91 891 3DL 3DL Telephone Telephone 0121 0121 711[711] 1957 1957 Email: Email: enquiries@aitaccountants.co.uk enquiries@aitaccountants.co.uk
-6-6-
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED
> Company Company registered registered number: number: 4312498 4312498
> Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Statement Statement of of Financial Financial Activities Activities For For the[the] financial financial year year ended ended[31] 31 March March 2023 2023
|Incoming resources
Incoming resources||||||
|---|---|---|---|---|---|
|||Restricted
Restricted||||
||Unrestricted
funds
Unrestricted
funds|Income
funds
Income
funds|Endowment
funds
Endowment |
funds|Totalthis
Year
Totalthis |
Year|Total last
Year
Total last
Year|
||£|£|z|£|£|
|Donations and legacies
Donations and legacies|2,040
2,040|0|o
0|2,040
2,040|1 ,420
1,420|
|Activities to further the
Activities to further the||||||
|charity's objects:
charity's objects:|o
0|22,500
22,500|o
0|22,500
22,500|18,500
18,500|
|Grants receivable
Grants receivable||||||
|Activities to generate
Activities to generate||||||
|funds:
funds:||||||
|Miscellaneous income
Miscellaneous income|192,384
192,384|fe)|o
0|192,384
192,384|181 ,445
181,445|
|Investment income and
interest
Investment income and
pieavant|520
520|0|0|520
520|15
15|
|Otherincoming resources
Other incoming resources|0|0|0|0
0|0|
|Total Incoming Resources
Total Incoming Resources|194
,
194,944|22,500
22,500|o
0|217,444
217,444|201 ,380
201,380|
|Resources expensed
Resources expensed||||||
|Costs of generating funds:
Fundraising add publicity
Costs ofgenerating funds:
Fundraising add publicity|0|0
0|0|0|0
a|
|Charitable expenditure
Charitable expenditure||||||
|Grants and donations
Grants and donations|0|0|0|0|0|
|payable
payable||||||
|Costs of activities for
charitable objectives
Costs of activities for
charitable objectives|16,645
16,645|5,548
5,548|0
0|22, 193
22,193|15,191
15,191|
|Support costs
Support costs|46,559
46,559|14,679
14,679|o
0|61 ,238
61,238|43,094
43,094|
|Management and admin
Management and admin|135,015
135,015|2,755
2,159|o
0|137,770
137,770|113,074
113,074|
|Total resourcesexpended
Total resources expended|198,219
198,219|22,982
22,982|0|221 ,201
221,201|171 ,359
171,359|
|Net (outgoing)/incoming
resources
igdll
resources|(3,275)
(3,275)|(482)
(482)|0|(3,757)
(3,757)|30,021
30,021|
|Total Funds at 1 April 2022
Total Funds at 1 April 2022|196,807
196,807|1,884
1,884|0|198,691
198,691|168,670
168,670|
|Totalfunds at 31 March
2023
TOSRGR SE
Maren
2023|193,532
193,532|1
,402
1,402|0|194,934
194,934 ||198,691
198,691|
All All of[of] the the above above results[results] are are derived derived from from continuing continuing activities. activities. All All gains gains and and losses losses recognised recognised[in] in the the year year are are included included above. above.
=
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Balance Balance Sheet Sheet For For the[the][financial] financial year year ended ended[31] 31 March March 2023 2023
The The notes notes on on pages pages 10[10] to[to][14] 14 form form[part] part[of] of these these accounts. accounts.
||2023
2023|2021
2021|
|---|---|---|
||£|£|
|Fixed assets
Tangible asset
Fixed assets
Tangible asset|350
aan|467
ad|
|Total fixed assets
Total fixed assets|350
350|467
467|
|Current assets
Current assets|||
|Debtors
Other Debtors
Cash at bank and in hand
Debtors
Other Debtors
Cash at bank and in hand|26,226
1,012
208,285
26,226
1,012
208,285|36,129
996
188,686
36,129
996
188,686|
|Total current assets
Total current assets|235,523
235,523|225,811
225,811|
|Creditors: amounts falling due within one
year
Creditors: amounts fallingdue within one
year|(40,939)
(40,939)|(27,587)
(27,587)|
|Net current assets
Net current assets|194,934
194,934|198,224
198,224|
|Total assets
Total assets|194,934
194,934|198,691
198,691|
|Creditors: amounts falling due after one
year
Creditors: amounts falling due after one
year|0|0|
|Provisions for liabilities and charges
Provisions for liabilities and charges|0|0|
|Net assets
Net assets|194,934
194,934|198,691
198,691|
|Capital Funds
Capital Funds|||
|Permanent capital funds
Permanent capital funds|0|0
0|
|Total capital funds
Total capital funds|0
0|0|
|Incomefunds
Income funds|||
|Restricted funds
Restricted funds|1 ,402
1,402|1 ,884
1,884|
|Unrestrictedfunds
Unrestricted funds|193,532
193,532|196,807
196,807|
|Total funds
Totalfunds|194,934
194,934|198,691
198,691|
-8als
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED
> Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Annexed Annexed statement statement to[to] the[the] balance balance sheet sheet For For the[the] financial financial year year ended ended 31[31] March March[2023] 2023
## The The board board of[of] directors directors certify certify[that:] that:
For For[the] the financial financial year year ended ended[31] 31 March March 2023 2023 the[the] directors directors are are satisfied satisfied[that] that the[the] company company[is] is entitled entitled to[to] exemption exemption under under the the provisions provisions of of the the Companies Companies Act Act 2006 2006 (the[(the] Act) Act) relating relating[to] to the the audit audit of of the the financial financial statements statements for for the the year year by by virtue virtue of of section section 477(2), 477(2), and and[that] that no no member member or or members members have have requested requested an an[audit] audit pursuant pursuant[to] to section section 476[476][of] of the[the] Act.[Act.]
> The The directors directors acknowledge acknowledge their their[responsibility] responsibility for:[for:]
- (i) ensuring ensuring that that the the company company keeps keeps proper proper accounting accounting records records which which comply comply with with section section[386] 386 of[of][the] the[Act,] Act, and[and] preparing financials statements which give a true and fair view of the state of the
- (ii) preparing financials statements which give a true and fair view of the state of the affairs affairs[of] of[the] the company company as as[at] at[the] the end end[of] of[the] the[financial] financial year year[in] in accordance accordance with with[the] the requirements requirements of[of][sections] sections[393] 393 and[and] which which otherwise otherwise comply comply with with the[the] requirements requirements of[of] the the Act Act relating relating to to financial financial statements, statements, so so far far as as applicable applicable to to the the company. company.
- These These financial financial statements statements have have[been] been prepared prepared[in] in accordance accordance with with[the] the provisions provisions applicable applicable to[to] companies companies subject subject to[to] the[the] small[small] companies' companies’ regime regime[of] of the[the] Companies Companies Act Act 2006. 2006.
> Approved Approved[by] by[the] the Board Board[and] and signed signed on on[its] its behalf:[behalf:]
> : sie
> Chris To
> Chair **Ch** airritan”ris—
21 21 June June 2023 2023
xn -9-
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Notes Notes to[to] the[the] financial financial statements statements For For the[the] financial[financial] year year ended ended on: on: 31[31] March March 2023 2023
1. 1. Accounting Accounting[policies] policies (a) (a) Basis Basis of[of] preparation preparation The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention convention and and in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard for for Small Small Entities Entities (effective (effective January January[2007).] 2007). The The financial financial Statements Statements have have been been prepared prepared in in accordance accordance with with the the Statement Statement of of Recommended Recommended Practice Practice (SORP), (SORP), "Accounting “Accounting and and reporting reporting by by Charities" Charities” published published in[in] 2005[2005] and and all[all] applicable applicable accounting accounting[standards.] standards. (b) (b) Company Company Status Status The The[Charity] Charity[is] is a a company company limited limited by by guarantee. guarantee. The The members members of[of] the[the] company company are are the[the] Trustees Trustees named named on on page page[2.] 2.[In] In[the] the event event of of the the charity charity being being wound wound up, up, the the liability liability in in respect respect[of] of the the guarantee guarantee is is limited limited to to El £1 per per member member of of the the charity. charity. (c) (c) Fund Fund accounting accounting General General funds funds are are unrestricted unrestricted funds funds which which are are available available for for use use at at the the discretion discretion of of the the Trustees Trustees in[in][furtherance] furtherance of of the[the] general general objectives objectives of of the the charity charity and and which which have have not not been been designated designated for for other other purposes. purposes. Designated Designated funds funds comprise comprise of of unrestricted unrestricted funds funds that that have have been been set set aside aside by by the the Trustees Trustees for for particular particular purposes. purposes. Restricted Restricted funds funds are are funds funds which which are are[to] to be be used used in in accordance accordance with with specific[specific] restrictions restrictions imposed imposed[by] by donors donors or or which which have have been been raised raised by by the the charity charity for for particular particular purposes. purposes. The The cost cost[of] of[raising] raising and and administering administering such such funds funds are are charged charged against against the the specific specific fund. fund. The The aim[aim] and and use use of of each each restricted restricted fund fund is is set set out out in in the the notes notes to to the the financial financial statements. statements. (d) (d) Incoming Incoming resources resources All All incoming incoming resources resources are are included included in in the the Statement Statement of of Financial Financial Activities Activities when when the the charity charity is is legally legally entitled entitled to to the the income income and and the the amount amount can can be be quantified quantified with with reasonable reasonable accuracy. accuracy. Voluntary Voluntary income income is is received received by by way way of of donations donations and and is is included included in in full full in in the the Statement Statement[of] of Financial Financial Activities Activities when when receivable. receivable. The The value value of of services services provided provided by by volunteers volunteers has has not not been been included. included. Grants, Grants, including including grants grants for for the the purchase purchase of of fixed fixed assets, assets, are are recognised recognised in in full full in in the the Statement Statement[of] of Financial Financial Activities Activities in in the the year year in in which which they they are are receivable. receivable.
“TOs 10-
COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Notes Notes to[to] the the financial[financial] statements statements (continued) (continued) For For the[the] financial financial year year ended ended on: on:[31] 31 March March 2023 2023
1. 1. Accounting Accounting[policies] policies (continued) (continued) (e) Resources Resources expended expended All All expenditure expenditure[is] is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate all all costs costs related related to to the the category. category. Where Where costs costs cannot cannot be be directly directly[attributed] attributed to[to] particular particular headings headings they they have have been been allocated allocated to[to] activities activities[using] using estimates estimates deemed deemed[appropriate] appropriate[by] by[the] the Trustees Trustees on on a a[basis] basis consistent consistent with with[the] the use use of[of] resources. resources. Fundraising Fundraising[costs] costs are are those those incurred incurred in[in] seeking seeking[voluntary] voluntary contributions contributions and and do do not[not] include include[the] the costs[costs][of] of disseminating[disseminating][information] information[in] in support support of[of] the[the] charitable charitable[activities.] activities.
> Support Support costs costs are are those those costs costs incurred incurred directly directly[in] in support support of[of] expenditure expenditure on on the[the] objects objects
> of the of the charity charity and and include include project project management management costs. costs. Management Management and and administration administration costs costs are are those those incurred incurred in in connection connection with with the the administration administration of of the the charity charity and and compliance compliance with with constitutional constitutional and and _ statutory statutory requirements. requirements. (f) (f) Tangible Tangible[fixed] fixed assets assets and and depreciation depreciation
> Tangible Tangible fixed fixed assets assets are are capitalised capitalised and and[included] included at at cost cost including including any any incidental incidental
> expenses expenses[of] of[acquisition.] acquisition.[Donated] Donated assets[assets][are] are[valued] valued[at] at[the] the time[time] of[of][acquisition.] acquisition.
> Depreciation Depreciation is is provided provided on on all all tangible tangible fixed fixed assets assets at at rates rates calculated calculated to to write write off off the the cost on a[straight] line basis over their expected useful economic lives as follows: cost on a straight line basis over their expected useful economic lives as follows: Fixtures Fixtures and and Equipment Equipment 25% 25% reducing reducing balance balance
- (g) (g) Operating Operating leases leases Rentals Rentals payable payable under under[operating] operating leases leases are are charged charged to to the the Statement Statement of of Financial Financial Activities Activities as as incurred incurred over over the the term term of of the the lease. lease.
- (h) (h) Pension Pension[Costs] Costs The The company company operates operates a a defined defined contribution contribution scheme scheme for[for][the] the benefit[benefit][of] of[its] its employees. employees. The The[costs] costs[of] of contributions contributions are are written[written] off off against[against][profits] profits in[in][the] the year year they they are are[payable.] payable.
- (i) (i) Investments Investments Investments Investments are are stated[stated] at[at][market] market value[value][at] at[the] the[balance] balance sheet sheet date.[date.] The The SOFA SOFA indicates indicates the the net net gains gains and and losses losses[arising] arising on on revaluations revaluations and and disposals disposals throughout throughout the the year. year.
- (j) (j) Stock Stock Stock Stock[consists] consists of[of] purchased[purchased] goods goods[for] for[resale.] resale. Stocks Stocks are are valued valued at[at] the[the] lower lower[of] of cost cost and and[net] net realisable realisable[value.] value. Items Items donated donated for for resale resale or or distribution, distribution, are are not not included included in in the the financial[financial] statements statements until until they they are are sold sold or or distributed. distributed.
- (k) (k) Finance Finance and and operating operating leases leases Rentals Rentals applicable applicable to[to][operating] operating[leases] leases are are[charged] charged[to] to[the] the SOFA SOFA over over the[the][period] period[in] in which which[the] the cost cost[is] is incurred. incurred. Assets Assets purchased purchased under under[finance] finance leases leases are are capitalised capitalised as as fixed fixed assets. assets. Obligations Obligations under under such such agreements agreements are are[included] included in in creditors. creditors. The The difference difference between between the the capitalised capitalised cost cost and and the the total total obligation obligation under under the the lease lease represents represents the[the] finance[finance][charges.] charges. Finance Finance charges charges are are written written off off to[to][the] the SOFA SOFA over over[the] the period period of[of] the the lease lease so so as as[to] to produce produce a a constant constant periodic periodic[rate] rate[of] of charge. charge. -11-ll-
COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number:[number:] 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
> Notes Notes to[to] the[the] financial financial statements statements[(continued)] (continued) For For[the] the financial financial year year ended ended on: on:[31] 31 March March 2023 2023
## 1. 1. | Accounting Accounting[policies] policies (continued) (continued)
(I) (1) Foreign Foreign currency currency translation translation Transactions Transactions[in] in[foreign] foreign currencies currencies are are recorded recorded at[at] the the rate rate[ruling] ruling[at] at the the date date[of] of the the transaction. transaction. Monetary Monetary assets assets and and liabilities liabilities are are retranslated retranslated at at the the rate rate of of exchange exchange ruling ruling at at the the balance balance sheet sheet date. date. All All differences[differences] are are taken taken to[to] the the SOFA. SOFA.
|2.
2.|Expenditure
Expenditure|||
|---|---|---|---|
|||This year
This year|Last year
Lastyear|
|||£|£|
||Independent examiners fees for reporting on the accounts
Independent examiners fees for reporting on the accounts|||
||(Included in Professional and Accountancy Costs)
(Included in Professional and Accountancy Costs)|1 ,500
1,500|1 ,500
1,500|
|||This year
This year|Last year
Lastyear|
||||z|
||Costs ofactivities in furtherance of the charity's objects
Costs ofactivities in furtherance ofthe charity’s objects|||
||Tutor& other salaries&fees
Tutor& other salaries & fees|9,014
9,014|6,895
6,895|
||Activities & material costs
Activities & material costs|9,173
9,173|5,871
5,871|
||Catering costs
Catering costs|873
873|457
457|
||Motor, travelling& subsistence
Motor, travelling & subsistence|0|0|
||Entertainment costs
Entertainment costs|0|0|
||Publicity, advertising & stationery
Publicity, advertising & stationery|3,133
3,133|1 ,822
1,822|
||Sundry costs
Sundry costs|0|146
146|
|||22,193
22,193|15,191
15,191|
|||This year
This year|Last year
Last year|
||SupportCosts
Support Costs|£|£|
||Premises & utility costs
Premises & utility costs|50,315
50,315|30,728
30,728|
||Telephone& fax costs
Telephone & fax costs|1,794
1,794|1,474
1,474|
||Internet&computermedia costs
Internet
& computer media costs|1,540
1,540|1,314
1,314|
||Computer& equipment maintenance
Computer & equipment maintenance|1,029
1,029|3,973
3,973|
||Premises repairs & maintenance
Premises repairs & maintenance|4,085
4,085|3,046
3,046|
||Insurance& licences
Insurance & licences|1,945
1,945|1 ,976
1,976|
||Bank charges & finance costs
Bank charges & finance costs|413
413|421
421|
||Depreciation
Depreciation|117
117|162
162|
|||61 ,238
61,238|43,094
43,094|
|||This year
This year|Last year
Lastyear|
||Management and administration costs
Managementand administration costs|z|£|
||Staff salaries
Staff salaries|135,839
135,839|111,274
111,274|
||Professional & accountancy costs
Professional & accountancy costs|1 ,931
1,931|1,800
1,800|
|||137,770
137,770|113,074
113,074|
> -12«f=
COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
> Notes Notes[to] to[the] the[financial] financial statements statements[(continued)] (continued) For For the[the] financial financial year year ended ended on: on:[31] 31 March March 2023 2023
## 3. 3. Tangible Tangible fixed fixed assets assets
||Freehold
land and
Freehold
land and|Other
land and
Other
land and|Computer
Computer|Fixtures,
fittings and
Fixtures,
fittings and||
|---|---|---|---|---|---|
|Assetcost orvaluation
Assetcostorvaluation|buildings
buildings|buildings
buildings|equipment
equipment|equipment
equipment|Total
Total|
||£|£|£|e|g|
|Balance brought forward
Balance brought forward|0
0|o
0|8,808
8,808|52,621
52,621|61 ,429
61,429|
|Additions
Additions|0|0|0|0
0|0
0|
|Disposals
Disposals|0
0|0|0|0|0
0|
|Transfers
Transfers|0|0|0|0|0|
|Revaluations
Revaluations|0|0|0
0|o
0|0
0|
|Balance carried forward
Balancecarriedforward|0
0|o
0|8,808
8,808|52,621
52,621|61 ,429
61,429|
|Accumulated depreciation
Accumulated depreciation|Freehold
Freehold|Other
Other||Fixtures,
Fixtures,||
|---|---|---|---|---|---|
|and impairment provisions
land and
and impairment provisions — land and||land and
landand|Computer
Computer|fittings and
fittings and||
||buildings
buildings|buildings
buildings|equipment
equipment|equipment
equipment|Total
Total|
|Basis Rate
Basis Rate|N/A
N/A|N/A
N/A|RD
RD|RD
RD||
||||25%
a
25% pa|25%
a
25% pa||
||£|£|E|E
£|E
s|
|Balance brought forward
Balance brought forward|0|o
0|8,513
8,513|52,449
52,449|60,962
60,962|
|Disposals
Transfers
Disposals
Transfers|0
0|0
0|0
0|0
0|0
0|
|Revaluations
Revaluations|0
0|0|0|0|0|
|Impairment provisions
Impairment provisions|0|0
0|0
0|0
0|0|
|Charge for year
Charge for year|0|0|74
74|43
43|117
117|
|Balance carried forward
Balance carried forward|0
0|o
0|8,587
8,587|52,492
52,492|61 ,079
61,079|
|Net bookvalue
Net book value||||||
|Broughtforward
Brought forward|0|0|295
295|172
172|467
467|
|Carried forward
Carriedforward|0|0|221
221|129
129|350
350|
«13» -13-
> COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED
> Company Company registered registered number: number: 4312498 4312498
> Charity Charity Commission Commission registered registered number: number: 1098807 1098807
Notes Notes to[to] the[the] financial financial statements statements[(continued)] (continued) For For the[the] financial financial year year ended ended on: on:[31] 31 March March 2023 2023
|4.
4.|Debtors and prepayments
Debtors and prepayments|||
|---|---|---|---|
||Analysis of Debtors
Analysis of Debtors|Amounts falling due
Amounts falling due|Amounts falling due
Amounts falling due|
|||within one year
within one year|after more than one
after more than one|
||||ear
ear|
|||This year
Lastyear
This year
Last year|This year
Lastyear
This year
Last year|
|||£
4|£
£|
||Trade debtors
Trade debtors|26,226
36,129
26,226
36,129|0
0
0|
||Otherdebtors
Other debtors|0
0|0
0
0|
||Prepayments
Prepayments|1,012
996
1,012
996|0
0
0
0|
||Total
Total|27,238
37,125
27,238
37,125|0
0|
|5.
5.|Creditorsand accruals
Creditors and accruals|||
||Analysis ofCreditors
Analysis of Creditors|Amounts falling due
Amounts falling due|Amounts falling due
Amounts falling due|
|||within one year
within one year|after more than one
aftermore than one|
||||ear
ear|
|||This year
Last year
This year
Lastyear|This year
Last year
This year
Lastyear|
|||z
£|e
£|
||Trade creditors
Trade creditors|17,798
21,011
17,798
21,011|0
0|
||Othertaxes & social security
Othertaxes & social security|2,243
1,174
2,243
1,174|0
0|
||Othercreditors and accruals
Other creditors and accruals|20,898
5,402
20,898
5,402|0
0|
||Total
Total|40,939
27,587
40,939
27,587|0
0|
«lds
COLLINGWOOD COLLINGWOOD CENTRE CENTRE LIMITED LIMITED Company Company registered registered number: number: 4312498 4312498 Charity Charity Commission Commission registered registered number: number: 1098807 1098807
**----- Start of picture text -----**
Income Income and and Expenditure Expenditure Account Account
For For the [the] financial financial year year ended ended on: on: [31] 31 March March 2023 2023
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**----- Start of picture text -----**
Previous Previous
year year Current Current year year
£ £ £
Income Income
18,500 18,500 Grants Grants [received] received 22,500 22,500
1 1,420 ,420 Donations Donations received [received] 2,040 2,040
15 15 Interest Interest received received 520 520
0 0 Fund Fund raising [raising] 0 0
181 181,445 , 445 Tuition Tuition fees, fees, [rents] rents & & sundry sundry income income 192,384 192,384
201 201,380 ,380 217 ,444 217,444
Expenses Expenses
111,274 111,274 Staff Staff salaries salaries 135,839 135,839
6,895 6,895 Tutor Tutor & & [other] other salaries salaries & & fees fees 9,014 9,014
5,871 5,871 Activities Activities & & material [material] costs [costs] 9,173 9,173
457 457 Catering Catering costs costs 873 873
0 0 Motor, Motor, travelling [travelling] & & subsistence subsistence 0
0 Entertainment Entertainment [costs] costs 0
30,728 30,728 Premises Premises & & utility utility costs costs 50,315 50,315
1,822 1 ,822 Publicity, Publicity, advertising advertising & & stationery stationery 3,133 3,133
1 1,474 ,474 Telephone Telephone & & [fax] fax [costs] costs 1,794 1,794
1,314 1,314 Internet Internet & & computer computer media media costs costs 1 1,540 ,540
3,973 3,973 Computer Computer & & equipment equipment maintenance maintenance 1,029 1 ,029
3,046 3,046 Premises Premises repairs repairs & & maintenance maintenance 4,085 4,085
1 1,976 ,976 Insurance Insurance & & [licences] licences 1,945 1,945
1,800 1,800 Professional Professional & & accountancy accountancy 1 1,931 ,931
421 421 Bank Bank charges [charges] & & [finance] finance [costs] costs 413 413
146 146 Sundry Sundry costs [costs] 0
162 162 Depreciation Depreciation 117 117
171 171,359 ,359 221,201 221,201
30,021 30,021 (Deficit)/Surplus (Deficit)/Surplus for for the the year year (3,757) (3,757)
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> This This page page does does not not form form part part of of the the statutory statutory accounts accounts
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