SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR 31 OCTOBER 2020 Compony Regi¥trntion Number 4922053 Charity Number 1105020
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENrs YEAR ENDED 31 OCTOBER 2020 Contents Page Members of the board and professional advisers Trustees. annual port Indendent Examiner's wrt Statement of financial activities Balance sheet Notes lo the financial StaMents 8-15
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS The board of trustees Director5 J Reeve (Chair) G Todd (Treasurer) J Colligan (Secretary) Management Committee member5 J. Sanders A. Dickenson J. Smith J. Bales C Taylor E. Wooiton T. Richardson Comp#ny secretary J. Colligan ManageT M. Vernon Registered office Sinfin Community Centre Ltd Swallow'dale Road Sinfin Derby DE24 9NT Independent Examiner Derby Comtnunity Accounlancy Service Babington Lodge 128 Green Lane Derby DEI IRY
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT YEAR ENDED 31 ocfoBER 2020 The Trustees, who are also Directors for the purw)ses of the Companies Act, have pleasure in presenting their report and the unaudiied financial sL%tements of the charity for the year ended 31 October 2020. l). To promote benefit for the residents of Sinfin Ward. without distinction of sex, sexual orien(ation and race, or of political: religious or other opinions: in a common effort to raise aspiration, advance education, and to provide facilities in the interesis of social welfare for recreation and leisure time with the objective of improving the conditions of life for rcsidents in Sinfin Ward. 2) To pn)vide the care accommodation. welfare, interests, training, advancement and integration of persons with learning ditTicultics in the city of Derby and surrounding area. SUMMARY OF THE MAIN AcfiviTIES UNDERTAKEN FOR THE PUBLIC BENEFIT If4 RELATION TO THESE OWECTS In planning our aclivilics for the year we kept in mind the Charity Commission's guidance on public bcnefit at our irusiees meeiings. The ¢harity is open to all irrespective of race. gender or any other personal circumstances. ACHIEVEMENTS AND PERFORMANCE Well what a year this has been. We held our Christmas disco and our Christmas Festival. The disco is funded by Dedicated Active Dad's and we raised just over £250 for the Community centre from the Chrisimas festival, after costs had been taken into account. The day to day running of the cenire has continued throughoul the year: with the ongoing maintenance being kept up to date and all the necessary checks have taken place 3S they have become due. We are looking into extending the centre by having a smaller hall built on to the existing buildings we have had an awhitect draw up 50mc plans and we have been granted planning tKnnission. Now we are looking into getting the funding. However this is probabl). nol the best time as things sLqrt keep stopping and siarting due to Coronavirus. So l think it is safe to say that our plans are on hold for the moment. Our fund davs did not happen this )'ear even though we had come through lockdown it did not seem like a good idea to encourage up to l 000 people to gel together. Mick had secured Lottery funding for them but that money has been put aside in the SCX account in the hope that we can use it next year for th¢ fun days. Mick was able to secure the governmeni grants that were on offer during the first lockdown and also worked for the Coronavirus 19 hub for 4 days a week and here one day a week he also obtained funding to ¢over his wages ai this time. This meant that he wa5 able to claim his full wages instead of furlough and was a big help noi only to Mick but a150 lo the centre as it took the pressure off us especially as we were closed to all groups including the nursery.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES. ANNUAL REPORT YEAR ENDED 31 ocfoBER 2020 Fund Raisin Events We had a couple of fund raising events planned but of course ihey were all cancelled this year. As the needlecraft group was closed for mosi of the lime we have had no opportunity to raise funds for the British Legion. The free cotTee moming has been closed since the middle of March and there are no plans to reopen il before Christmas. In faci ihe rooms that we nornially use for the coffee morning are housing the local food bank at the momenl At Christmas we normally puwhase l 00 selection knxes to give out lo the Children at our party and Santa at the Chri5tm35 fayre. This year we are hoping to buy 50 and send them to the children's hospital in the hope they r¢ach those who really need them and put a smile on a few faces. It looks like the beginning of the next financial year is heading the same way as the middle of the last one as we are yet again facing a very uncertain time. Lockdown begins in a few days, time and thc centre will be closed for all groups except for the nursery. Our income will be affected again. We have lost all the income from partics since the middle of March and we eertainly won'i be getting any from them until this pandemic is behind us. Le('s ho ihat this is thc beginning of the end and that in the new year we can begin put things in ihe past and look forward to a positive future. STRUCTURE GOVERNANCE AND MANAGEMENT Governing doCuMet Sinfin Community Centre Ltd is based at. Swallowdale Road. Sinfin. Derby, which is the company's registered otTic¢ and the principal address of the charity. Sinfin Community Centre Ltd is a company limited by guardntee and noi having a share capital {company registration No. 4922053) and Registered charit (No. 1105020). This is in accordance with the charity's governing dUment, the Memorandum and Articles of Association, incorporated on 6 Ortob¢r 2003 as amended by special resolution dated 5 January 2004 and 15 February 2008. Trustee selection methods A skills audit has been undertaken to discover those skills which are required by the trustee body. Efforts are madc to rccruit trustees who meet the skill requircmeni. Risk management policy The trustees examine the major risks ihat the charity faces each financial year when preparing and updating the strategic plan. The Charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in th¢ future.
SINFIN COMMUNrrY CENTRE LTD COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 ocfoBER 2020 FINANCIAL REVIEW Reserves Poliey The charity has a reserves policy lo hold three monihs running costs in reserves. At 31 October 2020 the charity had unrestri¢ted serveS of £46.184. Jndependent Examiner Derby CAS. was apEX)inted independent examiner in the year. Derby CAS will continue in olCe as independent examiner for the ensuing year. Sm#ll company provisions This report has been prepared in accordance with the special provisions for small companies under section 477 of the Companies Act 2006. Registered Olce. Sinfin Community Centre Ltd Swallowdale Road. Derby DE24 9Kf Signed on behalf of the trustee5 J. Reeve Trustee Approved by the trustees on
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 OCTOBER 2020 Independent Examiner's Report ¢0 the Trnstees of SinfiD Community Centre Lid I report on th¢ accounts of the company for the year ended 31 October 2020 which are set out on pages 6 to 15. Respective responsibilities ofTrustees and esawiner The Trustees (who are also the Directors of the Company for the purtKTr5es of company law} are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this ycar under seclion 144{2) of the Charttics Act 2011 {thc 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit und¢r company law and is eligible for independent examination, it is my responsibility to: examTne the accounts under section 145 of th¢ 2011 A¢t' follow the priKedures laid dowm th¢ g¢ncral DiTtclions given by the Charity Commission (under section 145(5)(b) of the 2011 ACL as amended). and state whether particular matters have come to Tny attention. Basis of indepeDden¢ examiuer's statemellt My examination was carried out in accordance with genernl Directions given by the Charity Commission. An examination includes a review of the accounting rc¢ords kept by the charity and a comparison of the accounts presented with thosc rwords. It also includes considerdtion of any unusual items or disclosures in the accounts, and seeking ¢xplanations from you as Trustees concerning any such matters. The procedures und¢rtak¢n do not provide all the evidence that would be required in an audiL and consequenily no opinion is given as to whether the accounts present a "tn]e and fair Yiew" and the reSK)rt is limited to those matters set out in the ststement below. Independent examiller's sts¢ement In connection with my examination. no matter has come to my attention= Which gives me reasonable cause to believe thaL in any material respccL the requirements to keep accounting records in accordance wtth section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, cornply with the ac¢ounting requirements of section J96 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice= Accounting and Reporting by Charities have noi b¢¢n met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the a¢counts to be reached. Nam¢'. Mark Newey ACMA Address: Derby Community A¢countan¢y Service. Babington L(MJge, 128 Green Lane, Derby.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 ocfoBER 2020 Total Funds Total Funds Year to 31 Year to 31 Oct Oei 2020 2019 Unrestrieted Funds Restricted Funds Note Income from: Donations Investment income Grant receivable Other income 3536 3,536 10,500 35,770 27,145 37,645 35,770 10.054 45,953 Total incoming resourtts 49,806 27,145 76,951 56,007 enditure on Raisittg Funds Charitable activities 39,721 IlJ93 51,114 60,463 Total resource5 expended 39,721 IlJ93 51,114 60,463 Net incoming/(outgoing) resources before transfers Transfer between funds 10,085 loo 15,752 (100) 25,837 (4,456) Net movement in funds Funds brought forward 10,185 278,872 15,6)2 1388 25,837 280,160 (4,456) 284,616 Funds carried fornard 289,057 16,940 305,997 280,160 The charity has no recogniscd gains or losses other than the results for the year as set oul above. All of the activities of the charity are claSd as continuing. The notes on pages 8 10 15 form part of thwe financial statements.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE BALANCE SHEET 31 OCTOBER 2020 2020 2019 Note Fixed Assets Buildings li 242,873 246.268 242,873 246.268 Current assets Debtors Cash at bank and in hand 3921 59J12 33.892 63233 33.892 Creditor5: amounts falling due vithin one year 12 109 Net current assets 63,124 33,892 Total assets less current liabilities 305,997 280,160 Net assets 305,997 280.160 Funds Restricted Unrestricted- general reserves 13 13 16,940 289,Oi7 1,288 278,872 TOTAL FUNDS 30S,997 280,160 For the year ended 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors restK)nsibiliÉies= (i) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. and (li) The d1ctOrS acknowledge their responsibilities for complying with the requirements of the Act with reS¢t to accounting records and the preparation of accounts. These financial statements have been PrePad in accordance with th¢ special provisions for small companies under Part 15 of the Companies Act 2006. These financial statements were approved and authorised for issue by the members of the committee and are signed on their behalf by: J. Reeve Chair Date Company Registration Number: 4922053 The notes on pages 8 to 15 form part of these financial statements.
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2020 Accounting policies The principal accounting pN)licies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements atr as follows: Company information Sinfin Community Centre Ltd is a company limited by guarantee not having a share capital. The company's registered office is, Swallowdale Road, Sinfin, , Derby, DE24 9NT. At the end of the year there were 3 Twstees, each of whom, under the lernis of the Memorandum and Articles of Association. had undertaken to Contribute the sum not exceeding £ l in the event of a winding up of the company. 1.1 Aeeounting convention These accounts have been prepared in accordance with FRS 102, "The Financial Reporting Standard applicable in the UK and Republic of Ireland,: {"FRS 102"). 'Accoun¢ing and Reporting b), Charities" the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepled Accounting Practice as it apples from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102. The accounts are prepared in Sterling which is the functional currency of the company Monetary amounts in these financial ststements to the nearest £. The accounts have been prepared on historical cost convention apart from freehold property (hat is carried at market value. The principal accounting wlicies adopted are set out below. These are accounts for the year ended 31 Octobcr 2020 prepared in accordance with FRS 102, The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was l October 2015 1.2 Going Concern At the time of approving the accounts. the Directors have a reasonable expectation thai the harity has adcquatc resources to continue in operational existence for the foreseeable future. Thus the Trusttts continue to adopt the going concern basis of accounting in preparing the accounts. IJ Charitable Fund5 Unrestrictcd fund5 are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Designaied funds are unrestricted funds earmarked by the Trnstee5 for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the tern)s of an appeal. 1.4 IncomÈng resources All incoming resources included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracv. Gifts in kind have been included ai market value of gifts received and in assets acquired. No amounts are included in the financial sialements for services donated by volunteers.
SINFIN COMMUNrrY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEIYTS YEAR ENDED 31 ocfoBER 2020 1.5 Re50urees expended All expxnditure is accounted for on an a¢¢nJals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attribut¢d to particular headings they have Ixen allocated to activities on a basis consistent with use of the resourccs. Fund-raising costs are those incurred in sttking voluntary contributions and do not include the costs of disseminating inforniation in the SUPFK)rt of the charitablc activities. 1.6 Debtors Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued ai the amount prepaid net of any trade discounts due. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deSits held at call with banks. other short- term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Creditors Y4nd provi5ion$ Creditors and provisions are recognised where the charity has a present obligation resulting froTll a past eveni thal will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or esiimaled reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 1.9 Financial instruments The charity has financial assets and financial liabililies of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Dereeognition offinancial liabililies Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday ¢ntitlcmcnt is recogntsed in the period in which the employee's services are received. Terniination benefits are recognised immediately as an expense when the company is demonstrably committed io ternlinate the employment of an employee or lo provide termination benefits. 1.1 l Taxation The charity is exempt from tsx on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that th¢5e are applied to its charitable objects.
SINFIN COMMUNITY CENTRE LTD COMPANY LNITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENrs YEAR ENDED 31 OCTOBER 2020 1.12 Depreciation Individual fixed assets are capitslised at cost and are depreciated over iheir estimated useful economic lives on a Sirdighi line basis as follows=. Asset category Building Annual rate 1/0 Critical accounting estimates and judgements In the application of the charily's accouniing wlicies, the directors are required to make judgements, eslimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The esiimated and associated assumptions are based on historical experience and other faciors that are considered to be relevanl. Actual results may differ from ihese estimates. 3. DoJ)ations Total Funds Total Funds Restricted Year to 31 Oct Year to 31 Oct Funds 2020 2019 Unrestricted Funds Other donations & fundraising 3536 3536 3536 3536 4. Grants Total Funds Total Fund5 Unrestricted Restricted Year to 31 Year to 31 Oct Funds Funds Oet 2020 2019 Derby City Council The Big Lottery Fund DACP windrush Walbrook Carers Community Action Derby Active Partners Freemasons Sevem Trent Sinfin Osmaston Support Covid Business SuptK>rt 4,421 5,426 3,921 5,426 442 4,306 2,806 2.000 500 2,000 4,716 5,742 250 4.000 590 2,000 5,216 5,742 750 4,000 590 10,000 500 10,000 10,500 27,145 37,645 10.054 io-
SINFIN COMIWUNfTY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2020 Other Income Total Funds Total Funds Unrestricted Restricted Year to 31 Oc¢ Year to 31 Oct Funds Funds 2020 2019 Room hire and other income 35.770 35,770 45,953 35,770 35,770 45.953 Interest receivable Year to 31 Oct 2020 Year to 31 Oct2019 Bank interest receivable (unrestricted) Total resources expended Staff costs Travel and expenses costs Fees Telephone. statfftonery. post Heat, light. & water Ra*s Insurance Maintenance & renewals Depreciation Event and activity costs Sundry Direct Direct Direct Direct Dire¢t Direct Direct Direcl Direct Direct Direct 16,871 2,855 3J09 741 6257 162 1,017 7,108 3,395 3,292 6,107 16,801 6,076 2,085 950 7035 532 1,177 5,592 3,395 11,801 4,519 51,114 60,463 Expenditure on charitable activities was £51,114 (2019: £60.463) of which £l1.393 was restricted (2019 £10,309) li
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2020 Net (expendi¢ureyittcome Net (eXndItureYin¢orne for the year is stated after chargingl(crediting)= 2020 2019 Independent Edrnlner'S Fees 520 500 Directors and key maTJagement personnel During the year Trustees did not receive remuneration. The key management personnel of the charity consist of the Trustees. professional advisors and the Chief Executive OtTicer. 10. Etllployees No employee earned more than £60.000 annum. No Trustees were reimbursed for expenditure. The averag¢ number of Staff ernployed by the charity during the financial year amounted to: Year to Year to 31 Oct 2019 31 Oct 2020 Direct Charitable StalT Governance The aggregate payroll c(Lsts were: Year to 31 Oct 2020 Yearto31 O¢t2019 Wage5 and salaries Social security Costs Pension costs 16J80 16,393 491 409 16071 16,801 12
SINFIN COMMUNITY CERE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2020 11. Tangible fixed a5set5 Building Total Cost At 31 October 2019 Additions 339,547 339547 At 31 October 2020 339,i47 339,547 Depreciation At 31 October 2019 Charge for the year At 31 October 2020 93279 3J95 93,279 3,39) 96,674 96,674 Net book value At 31 October 2020 242,873 242,873 At 31 October 2019 246,268 246,268 12. Creditors: Amounts falling due within olle year 2020 2019 Trade creditors Pensions 109 109 13-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2020 13. Statement of funds At l Nov 2019 At 310et 2020 Incoming Oulgoing Transfers Gener21 reserve 278,872 49,806 (39,721) 100 289,057 Total unrestricted funds 278,872 49,806 (39,721) 11 289,057 Walbrook Carers The Naiional LATrttery Community Fund DACP windrush Community Action Aclive Partners Active Partners BMX Sinfin Carers Group Community Action Holly Brook Severn Trenl SOS Fund Derby City Council 801 2,1)00 (801) 2,000 387 loo 5,426 (62) 5,751 (100) 4.466 2,742 3,000 750 250 4,000 590 3,921 {4.466) (167) (446) (249) 2,575 2,554 501 250 2,749 560 (1,251) (30) {3,921) Total restricied funds 1388 27,145 (I l J93) {ioo) 16,940 Total Funds 280,160 76,951 51,114 305,997 Restricted Funds The Walbrook grant was to be spent on Sinfin carers. The Big Lollery Fund money was 10 b¢ spenr on fundays. The DACP windrush money was spent on activities The Community Action money was spending on exF¢nses related to Covid and other community support. Active Partners money was spend on community activities. Active Partners BMX money was spent specifically on the BMX project The Sinfin Carers money was spent on activities and expenses on carers group. Community Action Holly Brook was to be 5penl on SUPEK)rt work. Severn Trent money was spending on food parcels, building costs and activities. SOS Fund money was spending on Activities. Derby City Council was SndIng on Activities Projects (Caxton Park). 14-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2020 14. Analysis of Det assets Tangible riIed assets Other et assets Total Unrestricted funds General reserve 242,873 46,184 289,057 Restricted funds Walbrook Carers The Big Lottery Fund Active Partners Active Partners BMX Sinfin Carers Group Community Aciion Holly Brook Seyern Trent SOS Fund 2,000 5,751 2,575 2,554 501 250 2,749 2,000 5,751 2,575 2,554 501 250 2,749 560 Total restricted fullds 16,940 16,940 Total funds 242873 63,124 305,997 15. Related party transactions The charity had no related party transactions that required disclosure. 15-