Moore
Thompson
Trusted Advisers
Chartwed Accountants
Company Registration Number 04329558
Charity Number 1100674
WISBECH COMMUNITY DEVELOPMENT TRUST
(A Company Limited by Guarantee)
Unaudited Financial Statements
for the year ended
29 February 2024
tuilding

WISBECH COMMUNITY DEVELOPMENT TRUST
Index
for the year ended 29 February 2024
Legal and Administrative Infonnation
Trustees. Annual Report
Independent Examinerfs Report
ststement of Financial Activities
Balance Sheet
Notes to the Flnancial Statements
10-19

WISBECH COMMUNITY DEVELOPMENT TRUST
Legal and Administrative Information
for the year ended 29 February 2024
Trustees
T J Jordan
S L Cawthorne
J M Hubbard
Mrs P A Brown
LWPurt
Mrs A C Gilliatt
Miss H J Thirlwell
Mrs M J Pittock
CMSGoad
Cllr S Wallwork
C E Suckling
Mrs C F E Ziebart
Mrs L-J Bannister
Cllr L C Foice-Beard
J L Burton
Chair
Deputy Chair
{resigned 8 November 2023)
(deceased 2 October 2024)
(resigned 7 May 2024)
Treasurer
(resigned 1 July 20231
(resi9ned 2 October 2024)
(appointed 1 July 2023)
(appointed 8 November 2023)
Registered office
The Oasis Community & Children's Centre
St Michael's Avenue
Wisbech
Cambridgeshire
PE13 3NR
Accountants
Moore Thompson
Bank House
Broad Street
Spalding
PE111TB
Bankers
National Westminster Bank PIC
1 Market Place
Wisbech
Cambridgeshire
PE13 1DT
Investec Bank PIC
2 Gresham Street
London
EC2V 7QP
Scottish Widows Bank
67 Morrison Street
Edinburgh
EH3 8YJ

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 29 February 2024
The truslees, who are also directors for the purposes of the Companies Act, have pleasure in presenting
their report and the financial stalements of the charilable company for the year ended 29 February 2024.
INTRODUCTION
Wisbech Community Development Trust was registered as a charity on 13 November 2003. These financial
statements cover the year ended 29 February 2024, with the comparatives covering the year ended 28
February 2023.
LEGAL STATUS
Wisbe¢h Community Development Trust is a company limited by guarantee with no share capital. which was
incorporated on 27 November 2001 and is registered in England and Wales as a charity (charity number
1100674, company number 4329558).
OBJECTIVES OF WISBECH COMMUNITY DEVELOPMENT TRUST
The objectives of the company as set out in the Memorandum of Association are as follows-
la) To promote for the benefit of the inhabitants of Wisbech and the surrounding area the provision of
facililies for recrealion or other leisure time occupation of individuals who have need of such facilities
by reason of their youth. age, infirmity or disablement, financial hardship or social and economic
circumstances or for the public al large in Ihe interests of social welfare and with the object of
improving the conditions of life of the said inhabitants.
{bl To establish or secure the establishment of a community cenlre and to maintain and manage the same
in furtherance of the objects of the company.
ORGANISATION
The chantable company is govemed by a Board of Trustees comprising:
at least five but not more than ten Communily Members.,
up to four persons nominated by each of Fenland District Council, Cambridgeshire County Council,
Educational Establishment and the local NHS Trust-
up to three persons representing organisations which use the facilities of th8 company.,
no more than two persons who may be but need not be members of the company, COwOPted by the
Board of Trustees.
Training is provided to keep trustees up to date with new legislation on a regular basis.
RISK MANAGEMENT
The Board of Trustees has conducted ils own review of the major risks to which the charitable company is
exposed and systems have been established to mitigate those risks. Significant extemal risks to funding
have led to the developmenl of a strategic plan. Internal risks are minimised by Ihe implementation of
procedures for authorisation of all transactions and projects and to ensure quality of delivery for all
operational aspects of the charitable company. These procedures are periodically reviewed lo ensure that
they still meet the needs of Wisbech Community Development Trust.
RESERVES POLICY
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should
be maintained at a level equivalent to six monlhs expenditure.
INDEMNITY PROVISIONS
Qualifying third party indemnity provisions are in force for the directors throughout the year and remain in
force.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 29 February 2024
FINANCIAL CONTROLS
The Board of Trustees control the financial affairs of the charitable company.
REVIEW OF DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS
Although The Oasis Community & Children's Centre was in use from March 2005, it was officially opened by
Her Royal Highness. The Princess Royal on 16 November 2005. The Cenlre is parl of phase 1, model 1 for
Children Centres and incorporates a Nursery which caters for children up to 5 years old. The Centre has
become a foGal Fxiint for many services which cover the Waterlees area as well as being a Community
Centre for the whole of Wisbech.
The Trust negotiated with Cambridgeshire County Council to lake on Ihe day to day running of the Nursery
on behalf of the Trust and this was with effect from 1 April 2007. The Nursery is open Monday to Friday, 8am
to 6pm. This is run by a team of dedicated and qualified slaff. It provides full day-care places for 3-5 year
olds and also 2 year olds who are entitled to free government spaces.
OUR REGULAR USERS OF THE COMMUNITY CENTRE DURING THE FINANCIAL YEAR
This has been another difficult year. as it has been for many because of the COVID-19 restrictions still being
in place, on and off during the period.
These are the groups that retumed after restrictions were lifted.
A e UK Cambrid
eshire and Pelerborou
This group attends every Monday, Wednesday, Thursday and Friday. Age UK Cambridgeshire and
Peterborough uses Vic Lodge as a Day Centre facility for the elderly and frail. In the room they use it has
coffee bar facilities which makes a relaxed atmosphere. They do a whole range of activities for all the group
to join in with.
Fenland Shotokan Karate Club
Meet every Monday evening, 5=30pm to 6'.30pm. These classes are run by fully qualified and insured
instruGlors, with years of experience. where the emphasis is lo leam through fun. No joining fee and the first
lesson is free. Everyone works towards the different levels but also have fun whilst learning.
PHAB
This group is for disabled and non-disabled people to meet every forlnighl on a Tuesday evenin9, 7=30pm to
9'.30pm. They do a whole range of activities both within the Centre and also outside.
Pulmona
Rehab
This is a referral group which meets weekly on a Monday and Wednesday aftemoons, 12.30pm- 4.30pm
and on a Wednesday morning once a fortnighl. They do lots of different exercises to get the heart pumping
and mainly work with COPD clients.
Over 50's Social Grou
This is a group for the over 50's and they meet every Thursday aftemoon 1.30pm to 3.30pm and do a
mixture of activities which you can take part in and hence the name of the group. Everyone is welcome to
drop in and meet the group. to see if this something they would like to be a part of.
Crafl Grou
We have a social Craft & Chatter group that meets every Tuesday 9:30am to 11:30am and they teach each
other a range of different crafts.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 29 February 2024
OUR REGULAR USERS OF THE COMMUNITY CENTRE DURING THE FINANCIAL YEAR {continued)
Wei
ht Mana
emenl
Healthy You run weekly weight management session on a Wednesday through 1..1 sessions. The individuals
are identified by the local GP surgeries.
Bul
arian School
This school meets every Saturday, during lerm time, 9.00am - 1.00pm, where children are taught Bulgarian
and learn about their Iraditions.
Yo
This group meets every Tuesday 1.15pm- 2.15pm and 2.15pm- 3.15pm and both are we15 attended. It has
also attracted several males to the group, who state thal this has helped with their health & wellbeing.
All Sorts To
ether
This group is for anyone who is suffering from social isolation and you will be welcomed with a nice hot drink.
They meet every Tuesday 2pm- 4pm and also have craft activities for everyone to have a go at.
Me
a Mess
This group meets once a month on Fridays, 10'.30am to 11'.30am and it is for mums with young children to
encourage them to play wilh all different materials.
Diabetic Prevention
Healthy You run weekly Diabetic 1..1 sessons on a Thursday. The individuals are identified by the local GP
surgeries.
Youlh of Fenland
This group meets weekly on a Thursday evening, 5.00pm to 6.30pm and they organise lots of activities for
Ihe young people, it covers 8 to 13 year olds. This group is helping the local youth grow in confidence and
self-esteem.
s ITraveller Hub
Meel here every Monday, except Bank Holidays. 10.'OOam - 2.'OOpm and can help with a variety of issues.
Men's Mental Health
This group is run by Click Therapy, bi-weekly on a Wednesday, 7.'OOpm - 8.30pm. All men are welcome to
come along for a cuppa and see what help is available.
Click Thera
This group run both a 6 week photography and a 5 week Basic IT courses. alternatively on Fridays, 12 noon
1pm. They offer lots of support and help in bolh these topics.
Little Miracles
This group meets once a month on a Thursday 7pm- 9pm and is for childfen with a disabilily.
s Portal Church
Kin
Meet every Sunday 9am - 12noon.
The Wild Hub
Meet once a month on a Sunday 10.45am - 12.45pm.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 29 February 2024
OUR REGULAR USERS OF THE COMMUNITY CENTRE DURING THE FINANCIAL YEAR (continued)
Wisbech Lions
Hold their monthly meetings here at the Oasis Centre.
Rota
Club
Hold their monthly meetings here at the Oasis Centre
Labour Part Meetin
The local Labour Party holds their monthly meetings here.
1..1 sessions & Confidence Courses
NT&AS run some 1..1 sessions for teenagers to support Ihem through their schooling.
Conferences and meetin
We have an assortment of facilities which accommodates small meetings, large meetings or conferences.
We also provide refreshments and buffets lunches. The Centre is easy to find. has car parking facilities and
the number 66 bus slops right outside the Centr8.
The Centre now has its own Micro Library and this is free to join, you can borrow up to 3 books a time. We
are constantly adding to the selection of books, which caters for all ages.
The Centre have provided Information, Advice and Guidance IIAG} to local residents and have assisted them
with many of their issues, or signposted them lo other organisations, where necessary. Slaff have also been
working very closely with Clarion to help sort out a variety of residents problems.
LOOKING FORWARD
Although the Trust employs a small team to run the day to day operations of the Cenlfe, this t8am has made
an impact and they are keen to promote the Cenlre for the use of local people. The Centre Manager is also
working with local partners lo secure funding lo hold a variety of activities lo benefit the local community.
These include Family Fun days, theme events as well as further learning opportunities. The most popular
courses have been the Confidence Building Courses, which have enabled r8sid8nts to move onto either
further education courses, training or into employment.
We are continuing lo work with Clarion. Anglian Water, Cambridgeshire County Council and Fenland District
Council to look at the possibility of extending the current Oasis Centre, lo include a Multi-purpose Sports Hall,
with sprung flooring, a Community Café area and a youth room. These are all areas that the community has
highlighted as facilities thal they would like, but we currently cannot accommodate in the current format of our
rooms. We are in discussion with CCC re leasing their land beside the current site and once we have this
secured, we can apply for planning permission and funding. We did consult with the community 12 years
ago and they told us that is what the area needed and during our recent consultation, the local residents
confirm Ihat this is still the cas8.
The Oasis Centre has been affected by the Cost-of-Living Crisis, as well as continuing to recover from the
impact of COVID 19, like all Community Centres and we have been working hard with partner organisalions
and local residents, to re-inslate group activities. With regards to the Cost-of-Living Crisis, this has meant an
increase in our overheads. which we are unable lo pass onlo our groups, a5 they are also struggling to
survive with number of participants attending. This will continue to have an effect on the income for the Trust
in the next financial year and we are looking into a number of ways that we can reduce our overhead costs.
THE TRUSTEES
The Trustees who served the charitable company during the period are listed on the legal and
administrative information page. on page 1.

WISBECH COMMUNITY DEVELOPMENT TRUST
Trustees. Annual Report
for the year ended 29 February 2024
TRUSTEES. RESPONSIBILITIES
The trustees (who are also the directors of Wisbech Community Development Trust for the purposes of
company law) are responsible for preparing the Trustees Annual Report and Ihe financial statements in
accordance with applicable law and Uniled Kingdom Accounting Standards (Uniled Kingdom Generally
Accepted Accountirbg Practice).
Company law requires the trustees lo prepare financial statements for each fjnancial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure. of the charitable company for that period. In preparing
these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and prudent.,
state whelher applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on Ihe going concem basis unless it is inappropriate to presume that
the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to 8nsure that the financial
stalemenls comply with the Companies Act 2006. The trustees are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable sleps for the prevention and detection of
fraud and other irregularities.
PUBLIC BENEFIT
The trustees have considered the Charity Commission's guidance on public benefit and believe that the
objects of the trust and the activities undertaken support this public benefit.
The trustees consider that the full details of the public benefil have been displayed within the review of
activities and the future development planned.
INDEPENDENT EXAMINER
A resolution to re-appoint H J Bright of Moore Thompson as independent examiner for the ensuing year will
be proposed at the annual general meeting.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions for small companies under Part 15
of the Companies Act 2006.
Signed by order of the Trustees
T J Jordan - Chair
Approved by the Trustees on

Independent Examiner's Report to the trustees of the
WISBECH COMMUNITY DEVELOPMENT TRUST
I report to the Gharity trustees on my examination of the accounts of the charity for the year ended 29
February 2024 which are set out on pages 8 10 19.
Responsibilities and basis of report
As the charity trustees of the company land also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Acl and are eligible for independent examination, I report in respect of my examination of your
company's accounts as carried out under section 145 of the Charities Acl 2011 {'the 2011 Acl,). In carrying
out my examinalion I have followed the Directions given by the Charity Commission under section 14515){bl
of the 2011 Act.
Independent examiner's stalement
I have completed my examination. I confirm thal no matters have come to my attention in connection with
the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act., or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement Ihat the accounts give a 'true and fair view, which is not a matter considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Slatement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 102).
I have no concerns and hav8 come across no other matters in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be
reached.
H. Bright B.A., F.C.A., CTA
Moore Thompson
Chartered Accountants
Spalding
Date-.
15 //. 324

WISBECH COMMUNITY DEVELOPMENT TRUST
Statement of Financial Activities (including Income and Expenditure account)
for the year ended 29 February 2024
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Funds
Total
Funds
Note
Income from:
Donations and grants
Charitable activities
36,428
36.433
22,917
97.185
918
97,185
918
87,669
201
Investments
Total income
98.108
36,428
134,536
110,787
Expenditure on:
Charitable activities
103.750
51.670
155,420
155.420
143.846
Total expendlture
103.750
51,670
143.846
Net expendlture
{5.6421
{15,242)
{20.8841
133,059}
Transfers between funds
N6t movement in funds
{5.642>
(15,242)
{20.884)
(33,059)
Reconclllatlon of funds:
Total funds brought fornard
Total funds carried fO￿ard
144.005
1.285,181
1,429,186
1,462,245
1.429,186
10
138.363
1,269,939
1,408,302
All of the activities of the charity are classed as continuing activities.
The statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 19 fomi part of these financial statements.

WISBECH COMMUNITY DEVELOPMENT TRUST
Balance Sheet
At 29 February 2024
2024
2023
Note
Fixed assets
Tangible assets
1,211,594
1,227,065
Current assets
Debtors
Cash at bank and in hand
16,991
207,293
224,284
20,849
200,819
221,668
Creditors: Amounts falling due
within one year
{27,576)
{19,5481
Net current assets
196,708
1,408,302
202,120
1,429,185
Total assets less current liabilities
Funds
Unrestricted
Restricted
10
11
138,363
1,269,939
144,005
1,285,181
1,429,186
1,408,302
The accounts have been prepared in accordance with Ihe provisions applicable to companies subject to the
small companies regime for the year ended 29 February 2024; the charity was entitled lo exemption from
audit under Section 477 of the Companies Acr 2006 (the Act} relating to small companies.
Directors, responsibilites-
li) The members have nol required the charity to obtain an audit of its accounts for the year in question
in accordance with Section 476
lil) the directors acknowledge their responsibilities for Complying with the requirements of the Act wilh
respect to accounting records and the preparation of accounts.
These financial statemenls were approved and authorised by the Trustees on
signed on their behalf by..
i{.Il. &z
and are
T J Jordan - Chair
Deputy Chair
Company Number.. 04329558
The notes on pages 10 to 19 form part of these financial statements.

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements
for the year ended 29 February 2024
1. Accounting policies
General information and basls of accounting
Wisbech Community Development Trust is a company limited by guarantee registered in England and
Wales. In the event of the charitable company being wound up, the liability in respect of the guarantee is
limited to £1 per member of the charity. The number of guarantors al 29 February 2024 was 1312023 -
13).
The address of the registered office of the charity is given in the charity information on pa9e 1 of these
financial statements. The nature of the chariws operations and principal activities is the provision of a
community centre for the inhabitants of Wisbech and the surrounding area.
The charity constitutes a public benefit enb'ly as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting
Standard applicable in the United Kingdom and R8public of Ireland {FRS 102), the Charities Act 2011,
the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of th8 charity.
The significant accounting policies applied in the preparation are set out below. These policies have
been consistently applied to all years presented unless otherwise staled.
Funds
Unrestricted funds are available for use at th8 discretion of the trust8es in furtherance of the general
objectives of the charity and which have not been designaled for olher purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial slatements.
Restricted funds are funds vlhich are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cosl of raising and
administering such funds are charged against the specific fund. The airn and use of each restricted fund
is sel out in the notes lo the financial statements.
Income recognltlon
All incoming resources are included in the Statement of Financial Activities when the charity is legally
entitled to the income after any performance conditions have been met, the amount can be measured
reliably and it is probable that the income will be received.
For donations lo be recognised the charity will have been notified of the amounls and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of performance
before enlitlemenl can be obtained then income is deferred until those conditions are fully mel or the
fulfilment of those conditions is within the control of the charity and it is probable that they wi15 be fulfilled.
Donated facilities and donated professional services are recognised in income at their fair value when
their economi¢ benefil is probable, it can be measured reliably and the charily has control over the item.
Fair value is determined on the basis of the value of the gift to the charity.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102}.
10-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements {continued}
for the year ended 29 February 2024
1. Accounting policies (continued)
Income recognition (continued)
Income from government and other grants are recognised al fair value when the charity has entitlement
after any performance conditions have been met, it is probable that the income will be received and the
amount Gan be measured reliably. If entitlement is not met then these amounts are deferred.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by Ihe company., this is normally upon notification of the inlerest paid or payable by the bank.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs relaled to the category. Expenditure is reGognised where there is a legal or
constructive obligation to make payments to third parties, il is probable that the settlement will be
required and the amount of the obligation can be measured reliably.
Charitable activity expenditure is detailed in note 6 to the financial statemenls. These expenses are
subcategorised between charitable activities. support costs and governance costs.
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include office costs, computer costs, and bank charges. They are incurred directly in
support of expenditure on the objects of the charity.
Governance costs are costs of charitable activities bul those which relate to the governance and
stewardship of the charity rather than direclly to the aclivilies themselves.
Fixed assets
Tangible fixed a55ets are stated at cost less accumulated depreciation and accumulated impairment
losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation
Depreciation is provided on all tangible fixed assets. at rales calculated to write off the cosl, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows=
Leasehold buildings
straight line over the term of the lease agreement
Equipment
25 1 per annum straight line
Computer equipment
250/0 per annum straight line
Nursery equipment
150/0 per annum reducing balance
Deblors and creditors receivablelpayable within one year
Debtors and credilors with no staled interest rate and receivable or payable within one year are recorded
at transaction price. Any losses arising from impairment are recognised in expenditure.
Employee benefits
The charity operates a defined Contribution pension scheme for employees. The assets of the scheme
are held separately from those of the charity. The annual contribLbtions payable are charged to the
statement of Financial Activities.
Taxation
The charity is an exempt charity wilhin the meaning of schedule 3 of the Charities Act 2011 and is
considered lo pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets
the definition of a charitable company for UK corporation tax purposes.

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements {continued)
for the year ended 29 February 2024
1. Accounting policies {¢ontinued
Going concem
The financial statements have been prepared on a going concem basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected level
of income and expenditure for 12 months from authorising these financial statements. The budgeted
income and expenditure is sufficient with the level of reserves for the charity to be able to conlinue as a
going concern.
Judgements and key sources of estimatlon uncertainty
The preparation of the financial slalemenls requires management to make judgements, eslimales and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that are
believed to be reasonable under the circumstances. Revisions to accounting estimates are recognised
in the period in which the estimate is revised if the revision affects only that period or in the period of the
revision and fulure periods if the revision affects both current and future periods.
The useful economic Sife used lo depreciate langible fixed assets relates to Ihe expect8d future
performance of the assels acquired and management's estimate of the period over which economic
benefit will be derived from the asset.
The residual value of an asset is the estimated fair value of thal asset at the end of its useful economic
life and therefore is also dependent upon the estimation of that life span.
Historically. changes lo the useful economic life and residual values have not had a material impact on
the depreciation amount charge to the Statement of Financial Activities.
Cut-off is applied at Ihe year end date. An estimation of income or expenditure applicable to the relevant
P8riod must be applied when the receipt or payment relates to a different period to the year end.
Operatlng lease agreements
Rentals applicable to Operating leases where substantially all of the benefits and risk of ownership
remairs vnth the lessor are charged against profrts on a straight line basis over the period of th818ase.
12-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 29 February 2024
2. Income from donations and grants
Total
Funds
2024
Restricted
and Total
2023
Unrestricted Restricted
Funds
Funds
Donations
10
Grants..
Cambridgeshire County Council
Cambridgeshire City Council
Fenland District Council - Covid-19
Wisbech Town Council
Local government grants
CLLD - IT Project
GRT Hub at the Oasis
Gate Herts
Hunts Forum
Tesco- Groundwork
Cambridgeshire ACRE
National Lottery - Cost of Living
5,417
2,015
4,000
500
500
500
500
500
11,932
1,500
1,500
10,975
1.000
350
1,000
1.140
30,938
1,000
350
1.000
1,140
30,938
Institutional grants
35,928
35,928
10,975
Total grants
Total donations and grants
36,428
36,428
22,907
36,428
36,433
22,917
3. Charilable actlvities income
Total
Funds
2024
Unrestricted
and Total
2023
Unrestricted Restrlcted
Funds
Funds
Provision of a community centre
97,185
97,185
87,669
4. Investment Income
Unrestricted
and Tolal
2023
Unrestrlcted Restrlcted
Funds
Funds
Total
2024
Bank interest receivable
918
918
201
13-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 29 February 2024
5. Charitable activities expenditure
Unrestricted Restrlcted
Funds
Funds
Total
2024
Total Funds
2023
Chantable activities
Purchases
Waterlees in Bloom
Rates and water
Light and heat
Repairs and renewals
Refuse collection. laundry and cleaning
Insurance
Training
Sundries
Professional fees
Wages and salaries
National insurance
Pension cost
Depreciation
28
300
461
328
461
765
21,917
8.020
2,342
3.285
1,153
440
245
236
1,192
11.641
10,923
2,071
2,650
2,865
367
1.200
82.946
929
1,635
18,176
137,076
765
20,027
8.020
2.342
3,285
1,890
1.153
80
360
55,251
1,446
1,865
2,847
32,427
87,678
1,446
1,865
18,107
15,260
51,570
96,237
147,807
Support costs
Office costs
Computer costs
Bank charg8S
3,637
1,605
251
100
3,737
1,605
251
3,752
853
245
5,493
100
5,593
4,850
Govemance costs
Independent examiner's fees
Total charitable activities expenditure
2.020
103,750
2.020
1,920
143,846
51.670
155,420
14-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 29 February 2024
6. Staff costs and employee benefits
The aggregate payroll costs were:
2024
2023
Wages and salaries
Social security Costs
Other pension costs
87,678
1,446
1,865
82,946
929
1,635
85,510
90,989
No employee received total employee benefits (excluding employer pension costs) of more than £60,000
in either the current or prior year.
The average number of staff based on average head count during the year was:
2024
2023
Full time
Part time
The average number of staff employed equating to the full time equivalent during the year was..
2024
No.
2023
No.
Full time
Part time
No amounts are payable to the trustees in respect of remun8ration. benefits in kind or reimbursement of
expenses.
7. Tangible flxed assets
Leasehold
Computer
Nursery
property Equipment equipment equipment
Total
Cost
At 1 March 2023
Additions
Disposals
At 28 February 2024
1,493,859
61.514
2,636
95,585
37,285
1,688,243
2,636
137.2851
1.653,594
(37,285)
1,493.859
64.150
95,585
Depreciation
At 1 March 2023
Charge for the year
On disposals
At 28 February 2024
273.029
15.260
60,213
380
90,651
2,467
37,285
461,178
18,107
137,285}
442,000
(37,2851
288.289
60.593
93,118
Net book value
At 28 February 2024
1.205,570
3.557
2,467
1,211,594
At 28 February 2023
1,220,830
1,301
4,934
1,227,065
15-

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 29 February 2024
8. Debtors
2024
2023
Trade debtors
Prepayments
Grants receivable
15,957
1,034
19,816
1,033
16,991
20,849
9. Credltors: Amounts falllng due within one year
2024
2023
Trade creditors
Taxation and social security
Accruals and deferred income
10,067
1,427
16,082
27,576
4,971
1,527
13,050
19,548
10. Statemant of funds
Movement in resources
Balance at 1
March 2023 Incomlng
Balance at 29
Feb 2024
Outgoing
Transfers
Designated funds
Building emergency maintenance
New extension investigation
costs
75,000
75,000
25,000
25,000
General funds
General fund
44,005
144,005
98.108
98,108
1103,7501
1103,7501
38,363
Total unrestricted funds
138,363
Restrlcted funds
Oasis Community Centre
New Extension fund
Anglia in Bloom fund
CCC- GRT Hub
CLLD - Clarion IT Project
Hunts Forum Skills Swap
Gate - Herts
1,284,237
254
271
419
(15,260}
1,268,977
254
514
194
500
{257}
{225}
(1,500)
1350}
(1,000)
{1,000}
1,500
350
1,000
1,000
TescolGroundwork
Cambs ACRE - Community
Living Room
Nat. Lottery - Cost of Living
1,140
30,938
(1,140}
{30,938}
Total restricted funds
1,285,181
36,428
(51,670)
1,269,939
Total funds
1,429,186
134,536
155,420
1,408,302
16

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements (continued)
for the year ended 29 February 2024
10. Statement of funds (continued)
Analysis of net assets
Tangible
fixed assets
Cash and
bank
Other net
assets
Total
Designated funds
Building emergency mainlenance
New extension investigation costs
General funds
General fund
75,000
25,000
75,000
25,000
6,024
6,024
35,954
135,954
13,615)
3,615)
38,363
138,363
Total unrestricted funds
Restricted funds
Oasis Community Centre
New Extension fund
CCC- GRT Hub
Anglia in Bloom fund
Cambs. ACRE - Community Living Room
National lottery - Cost of Living
Total festricted funds
1,205,570
63,407
254
194
514
1,360
5,610
71,339
1,268,977
254
194
514
11.3601
15,6101
16,970}
1,205,570
1,269,939
Total funds
1,211,594
207,293
10,585
1,408,302
Building Emergency Maintenance Fund - This represents funds designated from general funds to be
reserved for the exceptional maintenance of the community centre. Th8se funds remain unrestricted
and are used al the discretion of the trustees.
New Extension Investigalion Costs Fund - represents funds raised for the purpose of looking to build
an extension lo the current property. The funds remain unrestricted and are al the discretion of the
Irustees.
Oasls Communlty Centre This represents funding received on the planning and construction of the
community cenlre. The resources expended represent the deprecialion b8ing charged in the year on th8
fixed assets acquired and in use as part of the project.
GRT Hub - represents Cambridgeshire County CoLsncil funds to provide a member of staff to deliver a
project lo the GRT community. This project was delayed due to COVID and will be ongoing inlo the next
financial year.
Anglia in Bloom Fund This represents funding received from Wisbech Town Council for the
Wat8rlees in Bloom project. The resources expended represent costs incurred on the Anglia in Bloom
entry.
Hunts Forum Skills Swap This represents funding to run a Family Fun Activity Day, for the local
community, for Ihe local community to share and learn new skills.
17

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements {continued)
for the year ended 29 February 2024
10. Statemenl of funds (continued)
CLLD Clarion IT Project - This represents funding lo work with Clarion Future to help local residents
access the inlernet and learn how to use il and for il lo assist them in their day to dat lives.
GATE Herts - This represents funding for the continuance of the GRT heritage project by covering the
cost of vouchers to be issued lo Travellers for participating in a GRT survey.
TescolGroundworks
The represents funding fromTesco blue token grants, to revamp the shared
garden, working alongside volunteers and users of the Centre, for all lo enjoy.
Cambridgeshire ACRE This represents funds received re Living Room Grant. to support rural and
urban community centres. This fund is for the provision of a community café , to support local residents
overcome social isolation and access information. advice and guidance.
National Lottery Cost of Living Fund This represents funds received by the Trust to fund an
Information, Advice & Guidance projecl to SLtpport local residents through the Cost of Living crisis and
this fund was to help cover the wages cost of staff providing this service.
11. Control relatlonshlp
The charity is controlled by the trustees jointly and no individual can or does exert control over the
others.
12. Fund comparativas
2023
Unrestricted Restricted
Funds
Funds
Total
Funds
Income from:
Donations and legaci8S
Charitable activities
4,010
87,669
201
18,907
22,917
87,669
201
Investments
Total income
91,880
18,907
110,787
Expenditure on:
Charitable aclivilies
109,690
34,156
143,846
Total expenditure
109,690
34,156
143.846
Net expendllure
{17,810}
115.249)
{33,059)
18

WISBECH COMMUNITY DEVELOPMENT TRUST
Notes to the Financial Statements {continued}
for the year ended 29 February 2024
12. Fund comparatives (Continued)
Movement in resources
Balance at
1 Mar 2022 Incomlng
Balance at
Transfers 28 Feb 2023
Outgoing
Designated funds
Building emergency maintenance
New extension investigation
costs
75,000
75,000
25,000
25,000
General funds
General fund
86,815
91,880
91.880
1109.690)
1109,6901
{25,000)
44,005
Total unrestricted funds
Restrlcted funds
Oasis Community Centre
New Extension fund
Anglia in Bloom fund
CCC- GRT Hub
Cambs City- GRT Heritage
CCC - Cambs Skills
CLLD - Clarion IT Project
161.815
144,005
1,299,497
254
242
437
115,260}
1.284.237
254
271
419
500
1,817
2,015
3,600
10,975
1471)
(1,835)
(2,015)
(3,600)
{10,975)
Tolal restricted funds
1,300,430
18,907
{34,158)
1,285,181
Total funds
1,462,245
110,787
(143.8461
1,429,186
Analysis of net assets
Tangible
flxed assets
Cash and
bank
other net
assets
Total
Designated funds
Building emergency maintenanc8
New extension investigation costs
75,000
25,000
75,000
25,000
General funds
General fund
6,234
32,970
4,801
44,005
Total unrestricted funds
6,234
132,970
4,801
144,005
Restricted funds
Oasis Community Centre
New Extension fund
CCC GRT Hub
Anglia in Bloom fund
CLLD - Clarion IT Project
GATE
Tesco granl- Garden
Total restricted funds
1,220,832
63,405
254
419
271
1,500
1,000
1,000
1,284.237
254
419
271
{1,5001
{1,0001
{1,0001
{3,5001
1,220,832
67,849
1,285,181
Total funds
1,227,066
200,819
1,301
1,429,186
19