Charity Registration No. 1110317
Company Registration No. 05193577 (England and Wales)
FRIAR PARK MILLENNIUM CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
FRIAR PARK MILLENNIUM CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Simon Hackett (Chair) George Reeves (Treasurer) Sharon Reeves Linda Matthews David Johnson Secretary Julie Jones Charity number 1110317 Company number 05193577 Registered office Friar Park Road Wednesbury West Midlands WS10 0JS Independent examiner Neal and Co Business Services Limited Shakespeare Buildings 26 Cradley Road Cradley Heath West Midlands B64 6AG Bankers Lloyds Bank plc P.O. Box 46 The Bridge Walsall West Midlands WS1 1LU
FRIAR PARK MILLENNIUM CENTRE
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 5 |
| Statement of trustees' responsibilities | 6 |
| Independent examiner's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10 - 16 |
FRIAR PARK MILLENNIUM CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021
The trustees present their report and accounts for the year ended 31 March 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association , the Companies Act 2006 and “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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The mission statement of Friar Park Millennium Centre is "To work with partners to improve the quality of life for all who live and work in Friar Park". Our Vision for the Friar Park Ward is to create a place that is safe, sustainable and cohesive, where people are happy to live and experience positive outcomes with regards to education, health, employment and prosperity. The principal activity of the charity is to act as a local community hub organisation, co-ordinating neighbourhood community action through the delivery of an annual programme of community activities. Friar Park Millennium Centre aims to be responsive to the changing needs of the community through ongoing consultations, informed research and by adopting a community development approach to all of its work. Innovative solutions are sought through discussion with local people, partners and funding agencies to create a portfolio of projects designed at providing activities and services to address the on-going social disadvantages faced by the community. The Board has set the following objectives: -
Objective 1: Elderly & Disability
To provide an annual programme of activities for the elderly and disabled to help overcome isolation and to avoid becoming housebound and lonely.
Objective 2: Children & Young people
To provide an annual programme of Community activities to help meet the social and emotional needs of atrisk children and young people living in families with low incomes, on or below the poverty line.
Objective 3: Healthy living & Sports development
To work towards improving the Health and Fitness levels of those most at risk of ill-health from preventable diseases e.g. obesity; diabetes and heart related disease.
Objective 4: Economic wellbeing
To improve opportunities for local people to gain vocational skills, experience and training through volunteering and/or employment. To access help and information regarding welfare and benefits.
Objective 5: Education & learning
To offer people the opportunity to access educational activities and become local community champions and leaders. To expand the involvement of local people in the development of an interactive, multi-media, wardbased Communication strategy which better informs the wider community about local services and empowers them by providing them with a voice to express their concerns and views.
Objective 6: Social Enterprise
To develop and implement an income generating strategy that will provide sufficient income to support a full community development programme as outlined in the vision statement.
Objective 7: Social Cohesion
To develop a programme of large annual community events which provides the opportunity to bring the whole community together and assists in the development of community cohesion and neighbourhood identity.
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FRIAR PARK MILLENNIUM CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021
Who has benefitted from our Annual Plan of Community Activities in 2020 - 2021?
Our beneficiaries are the wider community of the 5000 homes and businesses of the Friar Park ward who live and/or work in the three neighbourhoods / estates of Friar Park, Mesty Croft, Woods (approximately 12000 people). We believe the whole community of the ward have benefitted both directly and indirectly from the Community Activities programme, enhanced community cohesion and improved levels of social maturity and responsibility, which have led to a reduction in anti-social behaviour. However, our primary beneficiaries have been those vulnerable members of the community who are willing and able to take part in centre-based activities and projects. These continue to include at risk children/young people from families living below the poverty line; potentially isolated elderly and disabled individuals who would be housebound; and other adults at risk of ill health which include Alzheimer’s / Stroke victims and those who are physically inactive/obese.
Regular activities that meet our core objectives
Objective 1: Elderly & Disability
We provide a portfolio of community projects/activities which engage with local elderly (aged 65+ years) and disabled people on a weekly basis to meet their social and emotional needs. Currently including 3 day and 2 evening opportunities to meet with both new and old friends, including Community transport door to door service. Activities include Friendship Group, Over 60s club and Evening bingo sessions. Total number of participants per month ~200.
Objective 2: Children & Young people
We host and provide a range of weekly activities for children (aged 5-12 years) and young people (aged 13-18 years). This currently includes 2 sessions after school and weekends supported by Heart of England, 2 Youth Club Sessions for Young People, 6 sport and dance sessions for youth. There have been 215 participants and activities include Junior Youth club, Street dance, Gymnastics, Trampolining and Freestyle dance. We are also providing a weekly youth club for 13-18yrs. Sandwell air scouts 617 continue to provide sessions for young people and has proved to be extremely popular with a membership of 80-100 young people.
Objective 3: Healthy living & Sports development
The centre has developed a health and fitness programme with local partners to address the chronic lack of active participation in sports and exercise in the ward. Sessions include Fit Lab Gym, Zumba, Chair Yoga, and a campaign funded by ‘This Girl Can’, and provisions have been purchased to begin a roller disco. The centre also holds weekly table tennis sessions. These sessions often attract over 50 participants per week.
Objective 4: Economic wellbeing
Volunteering and part-time employment of local people within the centre include, Project management, Site management, Administrative/office work, Play work, Youth work, Community outreach, Befriending, Mentoring, Sports leadership, Event management, Catering, Advice and guidance, and Fundraising. This year, we have facilitated work placements. The learning objectives for the work placement includes improving skills, knowledge, and deep understanding of financial development of a company. The centre works with 10 local volunteers to help them gain vocational skills and experience.
Objective 5: Education & learning
Little legends have been based at the centre since 2014 and is a well-run preschool with 5 staff and a currently 40 children offering early years education. The centre hosts local councillors’ surgeries providing local community champions with a voice to express their concerns and views for the ward.
Objective 6: Social Enterprise
As well as the Service Level Agreement funding provided by Sandwell Metropolitan Borough Council and rental income from anchor tenant and service users, the centre is constantly looking at ways to generate income and fund new projects. We currently generate income by hiring out carpark space to a local company to house storage containers and have a monthly income for housing the C.C.T.V. equipment for the estate.
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FRIAR PARK MILLENNIUM CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021
Objective 7: Social Cohesion
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’. The centre relies on grants and the income from rental to cover its operating costs. Our anchor tenant provides free nursery provision for local parents (Little Legends). Affordability and access to our programmes is important to us and is reflected in our pricing policy where activities for young people are free of charge and room hire for the weekly clubs and sports activities are easily affordable.
We endeavour to encourage all within our community to take part in our activities and to attend our community events and fun days. We have provided Sports session for girls from different ethnic backgrounds which has enabled them to try new sessions and meet new friends.
Centre staff and trustees have worked hard to decorate the centre and we are now opening the centre for parties and community bookings.
Most of our trustees, activity leaders, volunteers and members are from the local community and are people who have a passion to see the Friar Park Ward and its people grow and flourish.
Achievements and performance
The trustees are delighted to report that the FPMC has continued to grow both financially and in impact on the lives of local people. We are grateful to our regular service users who have continued to use the centre.
There have also been several positive achievements for the organisation in 2020/21. We have continued to work together in partnership with over 30 local groups and external agencies to provide a wide range of community activities. Of note, remains our work with children which continues to flourish and is currently funded by the centre’s reserves (objective 2).
The centre has employed two Community Development Officers who have been looking for funding opportunities to extend the range of activities and provisions that are available for residents and partners. We have continued to receive grants to help fund the activities Friar Park Millennium Centre run.
Financial review
Income of £9,087 was received in the year through the subletting of rooms within the centre.
Grants totalling £190,238 were received from various funders during the year for work on specific projects within the centre and local community. Funding includes the Service Level Agreement from Sandwell MBC to aid staffing and running costs. Restricted grants are covered in more detail in note 9 of these accounts.
The organisation has maintained an acceptable level of reserves.
At the end of 2020/21, £66,492 has been carried forward in unrestricted reserves and a balance remains on restricted funds of £66,916 to be spent in the coming financial year.
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 between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.
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FRIAR PARK MILLENNIUM CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021
Current financial uncertainties
March 2020 the centre closed due to the Covid 19 lockdown, and certain activities have yet to resume. This did provide a limited rental income, which could have posed an issue for the centre. Fortunately, grants were still awarded, and there was not much change to the amount of unrestricted funding held by Friar Park Millennium. Staff were furloughed in line with the governments job retention scheme and the centre will apply for additional funding from the local council to make up any short fall. There has been some discussion regarding staff returning part term, to work the percentage of furlough covered by Friar Park Millennium Centre. For example, when furlough drops to 60% of wages, for staff to work 40% of their regular hours, to maintain their full ‘normal’ wage. We hope to still maintain our current level of reserves but will be monitoring our financial position carefully.
Risk Factors
To ensure that the organisation is more protected from fraud the trustees continue to implement the following recommendations and changes;
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All financial issues, problems or concerns must be reported to the treasurer and board the same day and as quickly as possible. Any suspicious telephone calls must be discussed with the treasurer before any action is taken. All staff and volunteers are aware of fraud and the methods used to steal money.
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The bank account balance must be checked daily Mon – Fri via bank text alerts.
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Two people to authorise internet banking, same as signing cheques.
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Increase monthly rental income by offering more space to current tenants.
Structure, governance and management
The charity is a company limited by guarantee and a registered charity. The governing document of the organisation is the Memorandum and Articles of Association.
The body responsible for the management of the Charity is the Board of Trustees. The trustees are also directors for the purpose of company law. Recruitment and appointment of members of the board of trustees is in accordance with the provisions contained in Memorandum and Articles of Association. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Simon Hackett (Chair) George Reeves (Treasurer) Sharon Reeves Linda Matthews David Johnson
Appointment of trustees
The charity is organised so that the trustee directors meet regularly to manage its affairs (at least quarterly). The composition of the Board consists of not less than three directors but with no maximum.
Membership is open to individuals who apply to the Charity in the form required by the directors and are approved by the directors. A quorum of members for general meetings is 10 or one tenth of the total membership if greater. Every member has one vote.
Trustee induction and training
Each new trustee has access to the board members induction pack. This contains comprehensive reference material about the organisation and its history. It includes copies of the Memorandum and Articles of Association, all previous annual reports and business plans, policy documents and procedures, copies of minutes of meetings, copies of the newsletters and a guidelines report on "The role of Director/Trustee of Friar Park Millennium Centre". In addition to the induction, the trustees undergo project specific training.
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FRIAR PARK MILLENNIUM CENTRE
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021
Relationship with related parties
The charity is not connected to any other charity or business
Statement as to disclosure to our independent examiner
In so far as the trustees are aware at the time of approving our trustees’ annual report:
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there is no relevant information, being information needed by the independent reviewer in connection with preparing their report, of which the reviewer is unaware, and
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the trustees, having made enquiries of fellow directors and the group’s reviewer that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a director in order to make themselves aware of any relevant audit information and to establish that the reviewer is aware of that information.
The trustees' r eport was approved by the Board of Trustees.
George Reeves (Treasurer)
Trustee Dated: 13 January 2022
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FRIAR PARK MILLENNIUM CENTRE
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2021
The trustees, who are also the directors of Friar Park Millennium Centre for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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FRIAR PARK MILLENNIUM CENTRE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIAR PARK MILLENNIUM CENTRE
I report on the accounts of the charity for the year ended 31 March 2021, which are set out on pages 8 to 16.
Respective responsibilities of trustees and examiner
The charity’s trustees, who are also the directors of Friar Park Millennium Centre for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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(ii) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
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have not been met or
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(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
I.C MARSH FCCA
Chartered Certified Accountant
Neal and Co Business Services Limited Shakespeare Buildings 26 Cradley Road Cradley Heath West Midlands B64 6AG
Dated: 13 January 2022
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FRIAR PARK MILLENNIUM CENTRE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricted Restricted funds funds Notes £ £ Income from: Grants receivable 2 45,025 145,213 Income from charitable trading activities 3 9,087 - Total income 54,112 145,213 Expenditure on: Charitable activities 4 55,757 92,264 Net (outgoing)/incoming resources before transfers (1,645) 52,949 Gross transfers between funds (800) 800 Net (expenditure)/income for the year/ Net movement in funds (2,445) 53,749 Fund balances at 1 April 2020 68,937 13,167 Fund balances at 31 March 2021 66,492 66,916 |
Total 2021 £ 190,238 9,087 199,325 148,021 51,304 - 51,304 82,104 133,408 |
Total 2020 £ 60,698 47,173 107,871 111,994 (4,123) - (4,123) 86,226 82,103 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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FRIAR PARK MILLENNIUM CENTRE
BALANCE SHEET
AS AT 31 MARCH 2021
| Notes Current assets Debtors 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Income funds Restricted funds 9 Unrestricted funds |
2021 £ 5,198 140,736 145,934 (12,526) |
£ 133,408 66,916 66,492 133,408 |
2020 £ 4,169 86,641 90,810 (8,707) |
£ 82,103 13,166 68,937 82,103 |
|---|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees' responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The accounts were approved by the Trustees on 13 January 2022
Simon Hackett (Chair)
Trustee
Company Registration No. 05193577
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1 Accounting policies
Charity information
Friar Park Millennium Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is Friar Park Road, Wednesbury, West Midlands, WS10 0JS.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and “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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
1 Accounting policies
(Continued)
1.5 Resources expended
Expenditure is recognised as and when incurred.
Resources expanded on charitable activities include all costs incurred in the pursuit of the charitable objects of the charity.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and machinery
25% straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits 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 Financial instruments
The following assets and liabilities are classified as financial instruments – trade debtors and trade creditors .
Trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.
1.9 Employee benefits
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Grants receivable
| Unrestricted Restricted funds funds £ £ Grants receivable for core activities 45,025 145,213 For the year ended 31 March 2020 - 60,698 |
Total 2021 £ 190,238 |
Total 2020 £ 60,698 60,698 |
|---|---|---|
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
3 Income from charitable trading activities
| Rental income 4 Charitable activities Staff costs Provision of recreational and leisure facilities |
2021 £ 9,087 2021 £ 101,393 46,628 148,021 148,021 |
2020 £ 47,173 2020 £ 61,920 50,074 111,994 111,994 |
|---|---|---|
5 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year for their duties on the Board.
6 Employees
Number of employees
The average monthly number employees during the year was:
| Employment costs Wages and salaries Social security costs Other pension costs |
2021 Number 9 2021 £ 99,812 30 1,551 101,393 |
2020 Number 7 2020 £ 60,779 - 1,141 61,920 |
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
| 7 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 8 Creditors: amounts falling due within one year Other taxation and social security Other creditors Accruals and deferred income |
2021 £ 1,548 3,650 5,198 2021 £ 5,707 411 6,408 12,526 |
2020 £ 2,948 1,221 4,169 2020 £ 552 - 8,155 8,707 |
|---|---|---|
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
9 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds | Movement in funds | ||||
|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Transfers | Balance at 31 | |
| April 2020 | resources | expended | March 2021 | ||
| £ | £ | £ | £ | £ |
|
| Sandwell MBC - Centre | |||||
| Management/Staffing Costs | 7,002 | 30,678 | (33,261) | - | 4,419 |
| Black Country Consortium Grant | 5,258 | - | (5,258) | - | - |
| Black Country Consortium Grant - | |||||
| Sport Theme | - | 4,131 | (4,886) | 800 | 45 |
| Black Country Consortium Grant - | |||||
| Sport Theme part 2 | - | 2,270 | - | - | 2,270 |
| Black Country Consortium Grant - | |||||
| Sport Saturday | - | 500 | - | - | 500 |
| EPIC | 907 | - | - | - | 907 |
| Children in Need | - | 19,884 | (14,760) | - | 5,124 |
| Tesco - Bags of Hope | - | 500 | (170) | - | 330 |
| S.C.V.O. Senior Youth Club | - | 4,915 | - | - | 4,915 |
| Dr Bike | - | 1,525 | (1,404) | - | 121 |
| Big Lottery | - | 37,880 | (25,310) | - | 12,570 |
| William Cadbury | - | 1,000 | (819) | - | 181 |
| Homework Club | - | 24,118 | (6,395) | - | 17,723 |
| Lottery Fund - This Girl Can | - | 9,699 | - | - | 9,699 |
| SMBC - Easter Playsheme | - | 6,112 | - | - | 6,112 |
| SMBC | - | 2,000 | - | - | 2,000 |
| 13,167 | 145,212 | (92,263) | 800 | 66,916 |
Sandwell MBC – Centre management / Staffing costs - The aim of this fund is to assist in the delivery of community centre activities. It is used to contribute towards the salaries of site management team led by Harbans Singh Ubhi. It relates to a Service Level Agreement (SLA) between Sandwell MBC and Friar Park Millennium Centre.
Black Country Consortium - This funding has provided the centre with funding for a Community Development Officer for 12 months to bring funding into the Friar Park Ward that benefit local residents. The project will help the centre ensure grants are applied for and opportunities brought into the area. The Community development officer will work closely with the community to ensure gaps in provision and services can be met. Julie Jones was appointed to the role and has been successful in obtaining funding in 2020/2021. The Black Country consortium also funded a Satellite project that has appointed two community sports workers who will provide sports activities for young people in the ward.
Sport Theme + Sport Theme Part 2 - This funding was for children ages 13 and above. To encourage young people into physical exercise, and in turn, help with mental wellbeing. These sessions, also provides education on health, exercise, and healthy eating.
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
9 Restricted funds
(Continued)
Sport Saturday - This fund was given for boys and girls, aged 6 plus. Like the sports theme, it was to provide physical exercise as well as education on healthy choices, and the importance of a healthy diet. Includes in this funding, food, and refreshments, were also provides, to encourage healthy eating.
EPIC - This funding provided by the Esmée Fairbairn Foundation (awarded through Sandwell Council for Voluntary Organisation) is being used to offer a World Food Project for local people. Bringing people together through food. Local people can cook together and learn new foods from around the world. The group is a source of support to its members and encourages people to become more involved in other activities at the centre.
Children in Need - This fund supports the play-work project aimed at vulnerable children in the ward, managed by a team of staff and volunteers. The project provides weekly junior play provision for children aged 5-12 years throughout the year. A successful application to BBC CIN enable d the project to continue for a further three years from October 201 6 through to September 201 9 with funding of £31,000 each year .The Project provides a very popular and well- attended after school club which has attracted regular attendances from many children this year. A full annual evaluation of the project is submitted to BBC CIN staff at the end of each project year and is available for inspection.
Tesco Bags of Hope - This funding was provided to encourage learning through play, with hands on experience. This allowed children to ask questions and speak openly about emotions, and how they are feeling. Due to covid, we had to put restrictions in place, with 14 children attending, operating across 2 rooms (Sports Hall and Medium Hall). Activities such as skipping, tennis, basketball, dodgeball, badminton, as well as arts and craft, den building, board games, as well as the children taking part in the ScareFest in Sandwell (Build your own scarecrow). Sessions were for children aged 6 – 17 years old for both boys and girls.
S.C.V.O (Senior Youth Club) - This funding provided to provide a safe place for children aged 13 and over. The sessions are often designed around the young peoples interests and wishes, as well as providing structured activities. Providing sessions on healthy eating, healthy lifestyles, as well as sexual education.
Dr Bike - This funding provided free maintaince of bikes, which was open to all members of the public, regardless of age. Bikes were checked, serviced, and repaired where necessary. This funding also provided ‘Learn to Ride’ sessions, to both adult and children, for people who where taught to ride a bike, as well as provide confidence to those who lacked confidence when it come to bike riding, This was to improve health, provide a form of exercises, as well as encourage people to cycle to work instead of cars, to help improve air pollution.
Big Lottery - This was a covid related grant of £35,000 to provide one-to-one support on topics such as finances. Surveys were also completed in the community to see what support was needed for the local area. While covid restricted face to face meetings, telephone consultations were offered to allow support to continue to be provided even while in lockdown. Activity packs were created and distributed to the children in the local area, twice weekly, as well as provide step by step instruction videos, via the use of social media.
William Cadbury + Homework Club - This funding allowed children aged 6 and above to attend an after school session (this ran twice as week), to allow children to have an structured, and supportive place to complete homework, and educational activities. Children could be referred to the Homework Club from Social Services, Schools as well as parent referrals.
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FRIAR PARK MILLENNIUM CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
| 10 Analysis of net assets between funds Unrestricted funds Restricted funds £ £ Fund balances at 31 March 2021 are represented by: Current assets/(liabilities) 66,492 66,916 66,492 66,916 |
Total £ 133,408 133,408 |
|---|---|
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