Company registration number 04357179 (England and Wales) Charity registratlon number 1099395. BELLE VUE COMMUNITY. SPORTS & YOUTH CENTRE LIMITED ( A cornpany limited by guarantee) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 'ACFJ8JFV• 0311112023 COW3ANIES HOUSE BELLE VUE COMMUNITY, SPORTS & YOUTH CEpifRE UMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 CONTENTS PAGE Report of the trustees Independent examiner's report Statement of finanaal artivities Balancè sheet Statement of cash flows Notes to the finzntial ststements 9-16 BELLE VUE COMMUNITY. SPORTS & YOUTH CENTRE UMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The board oftyusrees presents its report together vrith fin8nty•l statements forthe yeai ended 31 March 2022 which are also prepared to meet the requirements for z directors, report and financial ststements forcompanies Att pU￿Ose$. The Trustees ¢onfirrn that the annua report and financral statements o*the charity comptywith the current statutory requirements, the reqU1￿MentS of the chariWs goveming docvrnent and the provisions ofthe Statement of Recommended Prartice ISORPI applicable to chaiities 9￿ParIng their accounts in Kcordan￿ with the Financial Reporting Standard applicable Tn the UK and Republic of Ireland IFAS 1021 leffect￿e l January 20151 as amended by update 8ulletin I leffertive l January 20151. Referen¢e ab￿ Admknlstrètfve tleiaHs Mana¢emeni Commthee rARClark Chairman Mr M Walker Mr S Drummond Mr K H Cranney Secrètary MrA R Clark Charity numb•v 11)99395 Company numb•r 04357179 Re8lstered offi Kendal Road Hartlepool T525 IQU Inthpendeni ￿lmIn￿r Davies Tracey Chartered Accountants Swan Hov5e We5tpo4nt Road Teesdale BU￿ne$S Pwk Stockton-on-Tees T517 6BP Bankers Virgin Money 118 York Road Hartlepool TS26 9DE BELLE VUE COMMUNrrY. SPORTS & YOUTh CENTRE UMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 (continued) Oble¢ll¥es, aCtI￿tIeS xhie¥•m•nts and perforniarK• The principal objethves and acti￿tIeS0fthe charitable tompany throvghoutthe yeatwe￿. lal To promote for the benefit of the inhabitants of the Belle Vue a￿a and the neighbourhood without dsstinctlon of age, se& sexual orientation. race or of pO1￿cal, religious or other opinions. by assouatin¢ tozether the said inhabr(ants and the l¢xal authorities. voluntaryand other organisations in a comfflon efft*rt to advance education and to provide facilities in the interests of social welfare foi feueation and leisure time oc¢up8fion with the object of improving the conditions of lrfe of the said inhabitants. Ibi ro ettablish or secure the establishment of a C¢xnmunity Centre aThJ to maintain and managethe same in furtherance of these objects. The company has continued to develop sources of Core funding as the company has com? underincreased p￿Ssure from reduced govemmeTrt funding. Thi5 has resulted in a reduction tn the volurne of activities offered durin8 the year and a redurtion in overhead and running costs of the operation. The company is tontinuing to look into ways In which operational costs can be reduced asgovemment fundin8 continuesto be reduced. The company also offered various projects in furtherance of it5 charitable objectives. to indude those described below: Artlvlty5-19 Thls project provide5 aCtI￿tieS 3 days a week ¢fftr two sessions per night The sessions prtyde sport, arts and crafts, lrfe skills and general support to gvide them into adulthood. We are funded bythe 81¢ Lottery for this programme untn Juty 2024. oUtre￿h The outreach project is funded by the Police and Crime Cornrnissoner Cleveloftd. Thi5 project Tun5 5 evenin85 a week We work with the Police and the local council to target areas olthe town whith are receivin8 anti sodal behaviour frorn young people. We workwith the young people to dtvertthem into posftive artiwtit5. Projett 8S Supports the local community with free or ILW COStforyJ. clothinR and household Koods. The project a150 provides advice on benefits and housing costs. The project Is linked to other food banks. housing associatior15 and advke dinics z£ross Hartlepool. Thetrustees have Con￿dered the Chariry Commi55ion's guidan￿ w public benef¢ includin8 the guidance'public benefit: running a char￿1 IP821'. 8ELLE VUE COMMUNITY. SPORTS & YOUTH CENTrE LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 (Continued) Finahtial results Net out8oln8 resources for the year amounted to £33,745=12021 Net Incomin£ £123.6701. Total fvnds at 31 Marth 2022 arntyjnted to £1,519.67412021= £1.553.4191. The company had net current liabilities at 31 March 2022 of £113.CP3312021.. £50,088) and wa5 dependent on ￿ntiTr￿ed overdraft fvndlng. together with sorne deferr31 of amount5 owed to creditors. for working capital. The trustees are oddressin¢the fact that the company has inadequate shortterm resources. ReXrv￿ poll¢y The trustees have establlshed a poll¢y whereby UnTestrlaed reseThes are maintained at a level sufficlent to meet manaÉement and admini$tration costs for ihe foreseeatye fvwre. The present level of funds falls short of this target level. Although the Arategy is to continue to ty and build reserve5 through planned operatin8 surpluses. the trustees are aware ihat this range is unlikety and a￿ convnuin8 to monitor act¢vities and and expenditure that could be curtailed. The level of reserves are monitored on a wee￿Y basi5 by the companv. Plans lorfuturè perfods The triJsiee5 plan to secure fvrther funding so that the thartty can conttnue to pmwde asststan￿ to the cornrnunity in accortlance with fts objectives. The tntsrees are planningto secure fvnding to update the building also. Struciix•• Bovernance and m*MwneTht The cr8aiiisation 15 a charitaue company limited by Buarantee, incorporated on 21 January 2LW2 and regirtered as a charity on 11 September 2003. The company wa5 estsblished under a Mernorandum of Association which established the object5 and powers of the charrtable tomp•ny and 1$ governed under its Artides of Association. Under those Artides. one third of the tTUStees shall Tetire and be subject to re-election. The directors ct the tharitable company are its trustees forthe purpose of thartty law, and througholrtthe report are collectivety referred to astrustees. The major risks effecting the charlta￿e compafty have been revwed and procedure5 have been established to manage those risk Reuultm•rt and Appolntm•nt of Trusttts AII trustees glve theirtime voluntarily ènd received no benefitsfrom the charity. Due to the nature of the charity's WO￿ the tru5tee5 seek to ensurethat the needs of this group are appropTrately reflerted through the diversity of the trustee body. In a effort to maintain a broad Skill rnii members are requested to provide a list of their skills and in the event of particular 5ki115 bel￿ lost. indr￿dual5 zre approached to offer themselvesfor eleuiw. Trustee Induttion and Tralnl All trustees are already familiar with the praci1￿1 work of the chartty- Additionally, new tr¢Jstees are invited and encouraged to attend a series of short sessions to farnil?ari5e them5elvts with the charity and ihe conrext within which it opetates. This covers the obli8ations of the tyustees. the main documents whlch set out the operational framework Indtyllngthe Memorandwn and Articles and future plans an(1 cljlectlve& BELLE VUE COMMUNITY. SPORTS & YOUTH CENTRE UMtTED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 20Z2 Icontlnued) Rlsk Manaymtnt The Management Cormiittee has t¢)ndutted rewew5 of the maior risks to ¥NthIth the chaftty is exposed. A risk reeister ￿ been established. where appropriate. sy5tem5 Dr procedure5 have been estsblished to miligate the ¥isksthe charityfaces. Significant external risk5to funding have ted to a srtategrt plan io allow the dwerwfication of funding arjd aciwities. Internal control risks are minimi5ed by the implemenmion of prOrt Costs Slb} 51cl 72￿78 71347 144.925 94,631 8.058 T¢)tal resourtts expended 570.922 72347 643.269 351.821 Nèt Incomel{eMpenditure) 166A34) 31690 133,745) 123.670 Gr•ss transfets between luthds 20375 (203751 Net movement In fijnds (46AI591 11315 {33,745} 123.670 econaliation of funds Total fuftds a5 at l Ivrfl 2.021 1259XK16 294.413 1553A19 1,429,749 Total funds as at 31 March 2022 1.212.947 306.728 1519.674 1.553.419 The statement of financial artiwties includes all gains and losses recognised in the year. All income and expenditure erives from continuing operations. BELLE VUE COMMUNITY, SPORTS & YOUTH CENTRE UMITED BAIANCE SHEET AS AT 31 MARCH 2022 21r22 2021 Note Flxed assets Targible a$5ets 1.652,371 1.632,562 Stocks Debtors Cash at bank and in hand 2￿ 70.847 200 80,(VJ9 io 7L047 80,299 Creditors: amounts falling duèwithiD gne year li 1184.1401 1130.3871 Wet ¢urrert Illalillhlesl 1113.C831 150,0881 Total assèts lèss turrent Ilabtiitles 1.539.278 1,582,474 Credltots". ampunts falllng due after more thin onè ￿3T 12 119.6041 129.0551 Nel ass￿$ 1.519,674 1,553.419 Reslrkted funds 14 306.728 294.413 Unrestrirted funds Genefal funds 14 1.212,947 1.259.C( Tottl funds 14 1,519.674 1,553,419 These finanual statements ha¥e been p￿pa￿ In accordance with the specbal provisions of Part 15 of the Companies Act 2(X16 relatin8 to small charitable companies. Forthe yèar ended 31 March 2022 the company was entfflled to exemption from audrt undersection 477 of the Cornpanies Act 20J6 relating to small companie No members have requlred the company to obtain an audit of its accounts for the year ended 31 Mirch 2022 in atcoidance with settion 476 of the Companies Act 21XJ6. The directors acknowledge their responsibility for complwng with the requirements of the Companie5 Art 2LWJ6 with respect to actountlng recortls and for the preparation of accounts. The financial statements were approved by the board of trustees and auth0ri5ed for issue on.... sigrted on its behalf by: Alan aark rrustee Company Re81straWon No. 04357179 BELLE VUE COMMUNITY. SPORT5 & YOUTH CENTrE UMITED STATEMEKf OF CASH FLOWS FOR THE YEAR EP4DED 31 MARCH 2022 Totrl Total Cash ftgw5 from operatfjni aEII*s Net cash ir*c￿e1[￿jr6￿n@SI 133.7451 123.670 Depreciation 14.989 20.069 118.7561 143.739 WoTkln8 upltsl adlusThents Ilncreasel d￿lease in debtors lQecre3sel increase in creditors 9.252 132.8621 113.7291 124.8021 142,3661 105,208 Cash Ilowslrom In¥esth¥acli¥its Purchase of fixed assets 134.7981 14.7581 Net ihcrea5el{deueasel in (ash and rash 177,1641 ICl).450 Cash and cash equfj¥alent5 at IA41ri12021 18.4231 1108.8731 Cash artd cash equ6valents at 31 March 2022 19 185.5871 18.4231 BEILE VUE COMMUNITY, SPORTS & YcirrH CENfRE UMITED NOTES TO ThE FINAIICIAL SYATEMEPITS FOII THE YEAR ENDED JI MARCH 2022 elle v￿ Community. SpNts & Ytth Ctiitrt Umrted ￿aprI¥￿teCr*Mpanv, Inni(ed ￿kU￿Wantee, reghtrredin EnlandanéWal￿. The(tynpa￿S rwstered number andre8￿ered Of￿ address can befound on paBe l. The presentatioThew¥ertyaffthethanoalSts*wts45trePwTh￿5tU￿S1£). Bplk Vue Communlty. Sport5 & Youthcenve Urted m¢etsthodellnttb]nola publ* benefileniity. The finaNal 5tatEir*nts have betn ryep•red ftwtingtry CAarities'. Statement of RecWlm￿d PraaKe app￿h* io chariries preparin8th￿r accouThtsln accorfancewbth the Flnancr•l Reportln8 51andard appltablp in ihe UK and RepubfKof Ireland IFRS IQ21 leffertive i January 2Q151-Chartties SORP (FR5 1071, the F￿aK￿lI RepNtw¥StaThJard JpplKab I theiJKantl RepJbtkof IFRS 1011 andthe 2L 01Tr4m￿ern Thetyu5r¢es have COn￿dered thethafllabk compwrf5wothicawtsl rEquKerntrtitsftyat lea# onèyearfrom tho dateofapproval 0fth￿e fir￿7￿(1￿13ta1erne￿1& The thalilab￿(￿nP3￿Yl￿afid expectedto remain.dependentonthe5UPWrtofits bankeo ￿way•laN Lwerfraftf401ty. Qn this bas￿1h¢ trustee5con51der ttapwowiate ta prEPa￿￿*￿an¢1￿stt1eMefttsfjn th¢8 concern basls. JI IrKcrne ￿ induded Inthestatement offlnarthlathttie5twhenthethorftytsentllled to the Income andthe arr￿nt(an ￿ quantifiÈd With rÈasrAiab*atturxy. Thefol¥JwAn8 5Ptdfk pJliaesare ipplied to partitularorrfor*sof kxome.. volurrtary*Kome received ty way ofVan￿ d￿rri￿an0￿ftS L4&Kkhledln Inthoslaremerrtal FlnatytlalActivitleswhen receNable. Grant¥ Mi¢*Ain¢witslerarrt&where enthlement i4notc¢mdbtirJnalon the￿Ofa SFoufiE performance bythecharlty, are re¢rynised ￿th¢d￿ll￿beCQrneS ￿r￿rt￿￿￿￿enlil￿tQtt* ant. attountedforas thecharityearn5thenthrio Con￿derati19 Outreath Projett85 ESC i¢ttery Playxheme Secondments ChIld￿r>In Need- J7Am 37JANI 4253 37.(*)J I)￿72 16J56 32394 32394 105J137 256 16J56 177 li BELLE VUE COMMUNITY. SPORTS & YOUTH CEP4TrE UMtrED MOTES TO ThE FINANCIAL STATEMEPUS FOR THE YEAR ENDED 31 MARCH 2022 Irontinuedl 5 Expen¢u￿rt 51alC05b afr•Wfvnds 2U22 Staff eosts Cater*n8wrthases TraiNn8cfyJfso5 Rwnlngcosts Qimmunlcètl¢JN comwterand asset ty5 Bad debts Irrecoverab￿vAT Support rosts 375M9 145?56 11.107 7.012 66,ni 8A99 14.919 65.919 7.712 iO.C69 6J41 3.523 249.131 Supw*i T*3tal X+21 Pr*rt AIMS C&Y PEW C•ntrittedSeThl Playscheme Outreach Priett BS Secondrnents 15,457 35.611 345 35.6Jg 6A61 11.76• 36.701 )5￿39 6J161 11,768 .7LMI 3365 36.119 144.915 87.632 15wpportcosts Total 2021 Independtntex•min•tion andaccaunt*rtyseNtes 8an*thar 4250 4.676 J.796 BELLE WE COMMUNrfY. SPORTS & Yo(mi CENTRE UMITED NOTES TOTHE FINANaALSTATEMENTS FOR THE IEAR ENOED 31 MAROI 2022 ltontinuedl 6 T&YatlDn The charity ts ememptfrom ta¥￿ irtttyme andpinsfalllrqwirhnsertithi 505 dthoTaxesAct 1988wso£thJn 252 ofthe T4xatioTrofCharyeable Gakn5Att 1992 tothee#entthatthese area0￿ toftschaTitsbkobitt 7 r4rtkn¢thYkn8 rn5wr¢•storlh•y••r tsstatrdafter thar￿n￿{£￿d[tIn1j Oepr¢ciAtlon. a5ser5 Independent examinee51tes lo￿65 20 Staff c05ts We￿ ès Salariesandw4es Sori¥l se¢urtycosts 210,147 10,4 ZZO.737 53 84YY7 The a¥era8¢ nunthr0lem￿dU￿tht bwr.t*bJlthd L*the ba5i50ffuThtimeéqurdalÈfvts 2021 Projed M•rw8ement and adminlsrratyon 53 sg Noèmplryeo earns morethon £EO.C(Operannuml2021'. rAI) BELLE VUE COMMUNifi. SPORTS & YOUTH CEPffitE UMtrED NOTESTOTHE FINANCIALSTATEMENTS FOR THEVEAR ENDED JI MARCH 2022 Icontlnuedl Y TAn¥bfef•ed a55*11 nd Compwt•i and Tata At IAprfl 2021 Addlti Disposals At31 Marth 2022 26.749 2Ja5.701 aJ,g95 34.798 126.749) 116.74¥ IJ17MO 7¥452 320W 33895 ¥13.750 Depr2clatl¢ At l Aprfl 2011 Char8efor ye*r Llisp05ots At 31 M￿h 2022 269J20 307h51 633 26.749 6n,139 14J•9 126.749 561379 12&7491 69551 ))9￿56 Netbook¥4u AI 31 M￿h 2022 iA05.N9 liJ27 33J95 L652J71 At31 M8rth 2021 IM1562 10 Otbt• Ju Tradedebtors Prepaymentsand accrt￿ income 373 32943 70W7 59,317 20.772 li Cred*orn wthkn One￿11 X*22 Banko¥erdraft Tiade creditor5 OthprcreditLY5 Taxand S￿1#1 seev Accrualsartd t1efeffed ifKL 85.586 11650 9.453 6i727 7.724 .140 B.423 15594 85.922 20.448 IJOJ87 ThtbaTh*o¥Yrthaft ￿$*cUred w ihefreehc4d land *KlbuiTrlry. BELLE VUE COMMUNITY, SPORTS & YOUTH CENTrE UMITED NOTESTOTHE FINANCIAL STATEMENT5 FOR THE YEAR ENOED 31 MARCH 2022 Icontlnuedl 17 Credlta AmouThtsfallrydw altor oney•ar Taxand I￿la1 5e¢u 19.604 19.604 Z9,056 IJ b4lwnfurMIs yMvalfund5 d5 Ta￿￿￿e￿￿ed awts Cu￿ent a$5ets Cuffent Ilat4lkle5 Non Cuwrentl￿t4l I￿*,￿05 45.666 261.061 ¥651371 71,047 1184,1401 I19.f￿1 1.519.674 1184.ItlOI 119.6041 L212.946 .728 14 Mo¥•m&ts thfuhds TT•nsf•r 31103ftD12 AIMS Children & Chiklren's fv co Athvbty 5-19 NCS ÈSC Lottery Playicheme Outreath Belriend 112.0191 214 IUJ19 214 38.956 34.512 57.481 1.871 38,956 34,516 57,481 IA71 6.5C 32,7% 44,720 6.189 24.719 9.294 35.643 5.6391 37.Lll) (36.7t*i 44.720 6.189 24.719 F￿￿SST￿n￿¢ CoMputers￿le ccrv camera Buildiwtosts Computerllcence Mcequlk￿¢nt Boi￿r Chiklren in Need- h*ni 9,605 31.307 393 3L307 393 3.575 3.575 32.394 105.037 132.3941 20,3751 294.413 171347 306.728 Unresirfrtedfun General fvnd5 I259.(￿ 504.187 1570.9221 20.375 1212.947 Totslfunds lJ53,419 643.269 19.674 Yr*rt%ltrs bEtween fvnds The transferfram unrellrkted fvndstO￿MSol£l1o19fep￿$thts￿MfyA$Spertkne￿te$% 0fthere5trtrt￿ Income re￿Ne￿ Sn prethjusyear Thetransferfrom restri￿ fundsto Unrestlic￿￿I￿0f £32394i5fora rrHnilyJswth•sed*lih ivLofflefr Children in Need. Thecostof thEffliThtsuswa5in excE5sc*thE irKomereceh*d andthErE arE no on the ust ofthe mknthus. so. thE¥e5tricted forthe mini1￿5 ha5beeh Iraft5Ferredfounre5trKtedhJnd5atthe￿a1end. 8ELLE VUE COMMUNifY. SPORTS & Younl CEIITrÉ UMITED NOTESTO THE FINANaALSTATEMENTS FOR THE YEAR EMDEO 31 MARCH 2022 ItontIn￿tdj AtthE rep¢rtin8end datetheccthpanyltasaul#*id&¥comffkn￿ru￿mffi￿Iffluffl fea50 Pay￿nts￿nd¢rnDlb0n￿llab operatirrf leaseswh*h hlllue as1¢4￿.. Wrthlnc￿e￿1r Wthin twu tu ￿yea Afterfve>Yar5 35 1.935 1.935 1,935 16 an amount. notexttedin8£10, as may be reouwedto#*assets of the comparry rfitth)Ldd b¢wound*thile he Is a rréxilber or¥hthlnoneyearafterhe ceases th bea memberfor p￿entS of thodebts and Iva&littRs •fthècompanycontfacLed before he£eases as a rnember and thec05tschJr8e5 andexpen5eso1wm￿￿I No expensestncurred byirwteeswere rdMbJr5edduri￿theVe￿r?llo nOremunEfltb￿¥￿5 paid 12021.. £nlll. There hwebeEn nD ￿latEd partytnAs•ttiothsthJrir¢theyèw. 19 C*sh ind tash e9¥h￿ertts Bank4Mr+Jraft BAZ3 16