SINFIN COMMUNITY CENTRE LTD COMPANY LIMtTED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 ooBER 2021 CoDtents Page Member5 of the board and profe10n81 advisers Trustees. annual repN)rt Independent Examiner's report ststement of financial activities Balance sheet Notes to the financial statements 7-14
SINFIN COMTh CENTRE LTD COMPANY LIMITED BY GUARANTEE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS The board of trustees Directon M Vernon (Chair) ApFK)inted March 2021 J Reeve (Chair) Resigned March 2021 G Todd (Trwurer) J Colligan (Secretary) MAnagemeDt Commlttee membews J. Sanders A. Dickenson J. Smith J. Bales C Taylor E. Wootton T. Richardson J. Recv¢ Company •¢cret&ry J. Colligan MAnAger M. Vernon Registered offi¢e Sinfin Community ctre Ltd Swallowdale Road Sinfin Derby DE24 9NT Independent Examiner t)erby Community Accountancy Ser4ice Babington Lodge 128 Green Lane Derby DEI IRY
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR 31 OCTOBER 2021 Company Registration Number 4922053 Charity Number 1105020
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUIlRANfEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 OCTOBER 2021 The Trustecs, who are also Directors for the PUTW)ses of the Companies Act, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 October 2021. l). To promote benefit for the residents of Sinfin Ward without distinction of sw sexual Orientstion and race. or of political, religious or other opinions. in a Common effort to Taise aspiration, advance education. and to provide facilities in the interests of social welfar¢ for recreation and leisur¢ time with the obj¢¢tive of irnpTh)ving the conditions of life for residents in Sinfjn Ward. 2} To provide the care accommodation, welfare. interests, trainin& advancement and inte8ration of persons with Icarning diffJ¢ulties in the city of Derby and sutroundin8 area. SUMMARY OF T RELA ACTI BJE NDERTAKEN FOR THE PUBLIC BENEFIT THESE In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our tnistees meetings. The charity is on to all irrespective of race. gend¢r or any other personal circumstances. VEMENT It has a difficult year for us due to the lockdown and various restrictions due to Covid. It has made fund raising very difficult. Our Fundays were shelved for 2 year. We have had no funds raisers suLh as the Ma¢millan or cancer research. We held no disco until the Halloween disco at the end of October (which wa5 a resoundin8 success). The day lo day running of the ccntre has continued throughout the year, with ongoing maintenance being kept up to date and all the necessary check5 have taken place as they have b¥Gotn¥ du¥. We are Still looking into extending the centre by having a smaller hall built on io the existing building. Things are still movin8 very slowly due to Covid and almost on hold for the moment. We still have the lottery fund for the Fundays but due to restrictions and safety Measu to ¢ombat the situation. Wc were not able held any everts related to Fundays for this year. However. we hope that things will b¢ improve in 2022. Mick was on Furloughed through th¢ second lockdown and the government paid 800/0 of his wages thi$ was a great help for us and ti>ok us away the worries of financial problem. Thc nursery did not Close during the second lockdown which also helped our financc.
COMPANY LIMITED BY GUARANfEE TRUSTEES, ANNUAL REPORT YEAR ENDED 31 OCTOBER 2021 STRUCTURE GOVERN EAND EMENT GoverDing doeument Sinfin Cornmunity Centre Ltd is based aL Swallowdale Road. Sinfin, Derby. which is the company's registered office and the principal address of the charity. Sinfm Community Centre Ltd is a company limited by guarantee and not having a share Capital (company registration No. 4922053) and Registrred Charity (No. 1105020). This is in accordance with the charity's governing documenL the Memorandum and Articles of A&8ociation, incorporated on 6 October 2003 as amended by special resolution dated 5 January 2004 and 15 February 2008. Trustee 8ele¢tion methods A skills audit been undcrtaken to discover those skills which are required by the trnstee body. Ffforts mad¢ to recruit ITUStees who meei the Skill r¢quiremenL Risk managem¢nt policy The trustees examine the major risks that 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. CL RE Reserves Policy The charity has a reserycs FKilicy to hold three Months running ¢osts in reserves. At 31 October 2021 the charity had unrestricted reseryes of £57,256. Independent Examiner Derby CAS. was appointed indepen(knt examin¢r in the year. Derby CAS will continue in office as independent examiner for the ensuing year. Small compatty provisions This report has been ppared in accordance with the special provisions for small companies under section 477 of the Companies Act 2(K)6. Regist¢red office: Sinfin Community Centre Ltd Swallowdale Road. Derby DE24 9NT Signed on behalf of the trustses G. Todd Approved by the trustees on
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANfEE INDEPENDENT EXAMThER'S REPORT TO THE TRUSTEES YEAR ENDED 31 OCTOBER 2021 Independet Examiner's Report to the Trwittt8 of Sinfin Community Centre Ltd I report on the acLM)unts of the company for th¢ year ended 31 October 2021 whi¢h are set out on pages 5 to 14. Respettfve re8poDsibilities of Tntee& etsmlller The Trustses (who are also the Directors of the Company for the purwses of c4Thpany law) are responsible for the preparation of the accounts. The Trustees wnsider that an audit is not required for this year under section 144(2) of the ChaTitses Act 2011 (the 2011 Act) and that an IndePendt examination is need¢d. Having satisfied myself that thc charity is not subject to an audit under company law and is eli8ible for indepcndcnt ¢xaminatiotL it is D)y responsibility to: examine th¢ a¢¢ounts under ¢tIOn 145 of the 2011 A follow the procedures laid down in th¢ genetal Directions given by the Charity Commission (under section 145{5Mb) of the 2011 A &$ amcnded}' and stsi¢ whether particular matt¢rs have come to my attention. Basis ofindeptlldent exAmiDer'B ytstement My ¢xamination was carri¢d out in accordanc¢ with genernl DItionS given by th¢ Charity Commission. An examination in¢ludes a review of the accounting rordS kept by the charity and A comparison of the accounts presented with thos¢ records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking ¢xplanations from you &$ Trustees concerning any such matters. The prc¢edur¢s undertaken do not wivide all the ¢vid¢nee that would Ix required in an audiL and cons¢quenily no opinion is given as to whether the accounts present a "true and fatr view" and the rert is limited to those matters set out in the stat¢m¢nt below. Independent euminer's staltmeot In connection with my ¢xaminatIo no matter has come to my att¢ntion: Which gives me rewnable cause to believ¢ thal in any material ffs( the requirem¢nts to k••p ae¢ountin8 record* in aCerdce with wtIt IR6 nf the C.cAn[nieS Act 2006: and to prepare 8ccounts which accord with the accounting record& comply with the accounting requirements of seclion 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Awunting and Rep)rtin8 by ChaTities have not been meL or to which. in my opinion, attention should b¢ drawn in order ts enable a proper Understanding of the ac11$ to be reached. Nam¢". MaTk Newey AC Address: Derby Communty A(untacY S¢rvic¢. Babington Lodge, 128 Grc¢n lane. Derby.
COMPANY LIMtTED BY GUARANTEE STATEhtENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 ooBER 2021 Totsl Funds Totsl Funds Year lo 31 Yearto 31 Oct Oct 2021 2020 UDr¢stri¢ted Restricted Funds Funds Note Income from: Donations Inve$th)ent income Grant receivable Other income 1260 1360 3,536 IlJ73 IlJ73 32955 37.645 35,770 32955 Total Ineoming rnource8 34215 IlJ73 45W8 76,951 diture on Raising Fund5 Charitable activities 26J38 38219 51,114 Total resources expended 26,538 38319 51,114 Net Incoming/{outgoing) resources before trnnsfe Transfer between funds 7ffj77 (308) 7J69 25,837 Net movement in funds Funds brought forward 7,677 289.057 (308) 16,940 7J69 305,997 25.837 280,160 FuDds e2rried forward 296,734 16,632 313J66 305.997 The charity has no rccognised 8ains or105ses other than the results for the year as set out atx)ve. All of the activities of the charity are classed as continuing. The notes OD pages 7 to 14 forni part of thest financial 8tatement&
SINFIN com[uNITy CENTRE LTD COMPANY LIMITED BY GUARANfEE BALANCE SHEET 31 OCTOBER 2021 2021 2020 Note Fixed Assets Buildings li 239,478 242.873 239J78 242,873 Current aets Debtors Cash at bank and in hand 3,921 59,312 73888 63,233 Creditors: amounts falling due within one year 12 109 Net current assets 73088 63.124 Total assets less ¢urrent liabilitiej 313J66 305,997 Net wets 313J66 305,997 Funds Restricted Unrestricted- general reserves 13 13 16,632 296,734 16,940 289.057 TOTAL FUNDS 313J66 305,997 For the year ended 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 latin8 to small companies. Directors responsibiliti. {1) Th¢ members hav¢ not required th¢ wmpany to obtsin an audit of its accounts for the year in question in aordanCe with Section 476. and (li) The d1clor$ a¢knowledge their responsibilities for complying with the requirements of the Act with r¢spe¢t to a¢countin8 records and the preparntion of accounts. These financial statements have been prepared in accordance with the special provision5 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: G. Todd Date Dir¢rtor Is/oz/z Company Registration Number. 4922053 The notes on pages 7 to 14 forni part of these financial statement&
COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2021 Accounting policies The principal accounting poltcies adoptr judgements and key sources of estimation uncertainty in the preparntion of the financi statrments are as follows: CompaDy informatlOD Sinfin Community Centr Ltd is 8 company limited by guarantee not having a share capital. The company's registered office is. Swallowdale Road. Sinfin. . tkrby. DE24 9NT. At the end of the year there were 3 Trustees. each of whom, under the tenns of the Memorandum and Articles of Association. had undertak¢n to cDntributr the sum not exceeding £1 in the event of a winding up of the company. 1.1 Accounting ¢onv¢ntion These accounts have been prepared in accordance with FRS 102. "The Financial Rep)rting Standard applicable in the UK and Republic of Ireland" ("FRS 102"). "Accounting and Reportin8 by Charities" the Ststement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted ALxounting Practlce as it apples from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102. The ac¢ounts a prepared in Sterling which is the functional currency of the company Monetsry amounts in these financial statements to the nearest £. The accounts have been prepared on histori] cost convention apart from freehold property that is canied at market value. The principal a¢)Unting wlicies adopted are set out below, These 8re accounts for the year ended 31 October 2021 prepared in acwrdance with FRS 102. The Financial RertIng Standard appli¢8ble in the UK and Republic of Ireland. The date of transition to FRS 102 was l OCtor 2015 1.2 Going concern At the time of approving the accounw the Directors have a r¢8sonable expeclalion that the charity has adequate sOurceS to continue in operational existence for the foreseeable future. ThuJ thE TruJt¢¢J ¢onlinu¢ ¢0 Advp¢ th¢ soins con¢¢rn baJis of a¢¢ountin8 Ln preE th accounts. 1.3 Chlrltable Funds Unrestricted funds are available for use at the discrtion of the Trnstees in fitherancc of the genernl objectives of the charity. Designated funds arc unrestricted fimds eannarked by the Tn for particular purposes. Restricted funds subjectcd to restrictions on their expenditu imposed by the donor or through the tenns oran app¢81. 1.4 Incoming r480ure&8 All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acqulred. No amounts included in the financial statements for services donated by volunteern.
SINFIN COMMUNITY CENTRE LTD COMPANY LIllTED BY GUARANTEE IYOTFS TO THE FINANCIAL STATEMENrs YEAR ENDED 31 ooBER 2021 1.5 Rewvrce8 expended All expenditure 15 aOunted for on an aCcnlS basis and has been Clwified under headings that aggregate all costs relating to the catrgory. Where costs cannot be directly attributed to particular headings they havc t*en all(Kated to activities on a basis consistent with use of the resources. Fund-rdising costs are those incurred in s¢¢king voluntsry contributions and do not include the costs of disseminating iDforniation in the supFK)rt of the charitsble activities. 1.6 Debtors Trade and other debtors recognised at the Settlement amount duc after any trade diOUrtts offered. Prepayments alr valued at the amount prcpaid net of any tradc discounts due. 1.7 Ch and casb eqoivalents Cash and cash equivalents include cash in hand, (kposits held at call with b8nks. other short- terni liquid investh]ents with original maturities of three months or less, and bank overdrafts. Bank overdrafts a shown within borrowings in current liabilities. 1.8 Creditors aDd provisions Creditors and provisions are recognised where the chaiity h8s a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount duc to settle the obligation can be measured or estimated reliably. Creditors and provisions a nomally recognised at their settlement amount after allowing for any trade discounts due. 1.9 Financial instruments The charity has financial assets and financi liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsquently measured at their settlement value. Derecoxnitlon offinanclal Ilabllliles Financial liabilities are derecogni5ed when the company's contractual obligations expire or are discharged or cancelled. 1.10 Lmplvyee benellts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Tern)ination benefits are recognised immeAiately as an expense when the company is demonstrably committed to tern]inate the employment of an employee or to provide temiination b¢nefits. 1.11 Taxation The ¢harity is exempt from tax 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 exfrnt that these are applied to its charitsble objects.
COMPANY LIMITED BY GUARANTEE F4OTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ooBER 2021 1.12 Depreciation Individual fixed assets are capitslised at cost and are depre¢iated over their estimated useful economic lives on a strnight line basis as follows:_ Asset category Buildin8 Annual rvdte IYO Critical a¢¢ounting estlmates and judgements In the application of the charity's accounting w)licies. the directors are required to make judgemeDL% estimates and assumptions aiK)ut the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimated and associated assumptions are b&sed on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 3. Donations Totsl Funds Total Funds Unrestricted RtrICted Year to 31 Oct Year to 31 Oct Funds Funds 2021 2020 Other donations & fundraising 1260 1260 3,536 1260 3,536 4. Grants Total Funds Totsl Funds Unrestricted Rtricted Year to 31 Year to 31 Oct Funds Fundg Oet 2021 2020 Derby City Council The Big Lottery Fund Walbrook Carers Community Action Lkrby Active Partners Freemasons Severn Trent Sinfin Osmaston Support Covid Business Supwrt JRS IIMRC grant 2J76 2J76 3.92 I 5.420 2,000 5,216 5,742 750 4,000 590 10.000 500 8397 8297 IlJ73 IlJ73 37.645
COMPANY LIMITED BY GUARANTEE NOTLS TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ocfoBER 2021 Other Income Total Funds Total Funds Unrestricttyl Restrieted Year to 31 Oet Year to 31 Oct Funds Funds 2021 2020 Room hire and other inrA)me 32955 32,955 35,770 32955 32,955 35,770 Interest receivable Year to 31 (kt 2021 Yearto31 Oct 2020 Bank interest receivable (unrestrictcd) Total regource8 expended Staff costs Direct Dir¢¢t Direct Direct Direct Direcl Direct Direct Direct Direct Direct 16,869 16.871 2.855 3,309 741 6257 162 1,017 7,108 3.395 3,292 6.107 Travel and •xp•n6•8 ¢08¢0 Fees Telephone. stationery. pt HeaL light, & water Rate5 Insurance Maintenance & renewals D¢preciation Event and activity costs Sundry 1.065 1296 2277 3J95 1,140 829 38219 51,114 Expenditure on charitable activities was £38219 (2020: £51,114) of which £11,681 was restricted (2020 £11,393) io-
COMPANY LIMITED BY GUARANTEE NOTES TO THE FtNANCIAL STATEMENIS YEAR ENDED 31 ooBER 2021 Net (expendItsre)rttsme Net (expenditureyiDcome for the year is stated after chargingl(crediting): 2021 2020 Independent Examiner's Fees 550 9. Directors And key management personnel During the ycar onc TTUStees received Temunerntion of £9,555 as a temprary measure The key management personnel of the charity consist of the Trustees. professional advisors and th¢ Chief Executive OftTic¢r, 10. Employees No employee earned more than £60,000 per annum. No Tntstees were reimbursed for expenditure. The avera8e number of Staff employed by the chaTity during th¢ financial year amounted to: Year to Year to 31 Oct 2020 31 Oet 2021 Dir¢¢t Charitable Staff Governance Th¢ 2ggreg4te payroll ¢osts were: Year to 31 Oct 2021 Yearto31 Oct 2020 Wages and salaries So¢ial securtty cosls P¢nsion costs 16J78 16,380 491 491 16069 16.871
COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2021 11. Tangible fixed aets Building Totsl Cost At 31 October 2020 Additions 339J47 339,547 At 31 October 2021 339,$47 339J47 Depreciation At 31 October 2020 Charge for the ycar At 31 October 2021 96.674 3J95 96,674 3J95 100,069 IIMI,069 Net book value At 31 October 2021 239,478 242,873 239,478 242,873 At 31 O¢tob¢r 2020 12. Creditors: Amounts falling due wtthln one year 202J 2020 Trade er¢ditors 109 109 12-
SINFIN COmMUm CENTRE LTD COIKPANY LIfflTED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENI YEAR ENDED 31 OCTOBER 2021 13. Statement of fllnds At l Nov 2020 At 310ct 2021 IncomiDg Outgoing Transfers General reserve 289,057 34215 (26538) 296,734 Totsl unrestrided funds 289,057 34315 (26J38) 296,734 Walbrook Caters The National Lottery Community Fund A¢tive Partners Active Partners BMX Sinfin Carcrs Group Community Action Holly Brook Sevem Trent SOS Fund JRS HMRC Grant Derby City Coun¢il 2,000 5,751 2J75 2J54 501 250 2,749 5,444 1,090 2291 251 750 2230 (1,485) (263) (250) {519) (560) (8397) 8297 2.576 2.576 Totsl restricted fimds 16,940 IlJ73 (11,681) 16,632 Totsl Funds 305,997 45588 (38219) 313J66 Re8irie¢ed Funds The Walbrook grant was to EK spcnt on Sinfin carers. The National Lottery Fund money vS to be spent on fundays. The Community Action money was spending on expenses related to Covid and other ommunity sUprt. A¢tive Partners money was Spend on community tivIties. Active Partners BMX money vS spent SFtcifi¢ally on the BMX project The Sinfin Carers money was spent on activities and eXpenS on carers group. Community Action Holly Brook was to be SFtnt on supp)rt wo. Severn Trent money was spending on food pareels, building costs and activities. SOS Fund money wa5 spcnding on Artiviti¢s. JRS Grant money was on Furlough. Derby City Council money 15 for Sinfin Allolments SoGiety 13-
SINFIN COMMUNITY CENTRE LTD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINAIYCIAL STATEMEN13 YEAR ENDED 31 ooBER 2021 14. Anatysil of Det as8ets Tangible Other rlled assets net assets Total Unrestricted funds General reserve 239.478 57356 296,734 Restricted funds Walbrook Carers The Big Lottery Fund Active Partners Active Partners BMX Sinfin Carers Group Community Action Holly Brook Sevcm Trcnt Derby City Council 2,000 5,444 2,0110 S.444 2291 251 750 251 750 2230 276 2076 Total reytricted funds 16,632 16,632 Total fundj 239,478 313J66 15. Related party trnns2Ctiony The eharity had no related pArty transactions required disclosure. 14-