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← All Saints Centre Huthwaite Ltd

2024-03-31-accounts

Company registration number: 05445937 Charity registration number: 1111658

All Saints Centre Huthwaite Ltd

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2024

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

All Saints Centre Huthwaite Ltd

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8 to 9
Balance Sheet 10
Notes to the Financial Statements 11 to 19

All Saints Centre Huthwaite Ltd

Reference and Administrative Details

Trustees Charles Maiden Sue Maiden Jean Simmonds Christine Evans Helen Hayes David Rothery Yvonne Shaw David Mills, Acting Chair Zoe Davis Danielle Robotham Secretary David Rothery Senior Management Team David Mills, Centre Manager, until February 2024 Nicki Turner, Centre Manager, from January 2024 Charity Registration Number 1111658 Company Registration Number 05445937 Registered Office The Vicarage Blackwell Road Huthwaite Sutton in Ashfield Nottinghamshire NG17 2QT Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

All Saints Centre Huthwaite Ltd

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2024.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Charles Maiden Sue Maiden Jean Simmonds Christine Evans Helen Hayes David Rothery Yvonne Shaw David Mills, Acting Chair (appointed 25 January 2024) Zoe Davis (appointed 7 September 2023) Danielle Robotham (appointed 7 September 2023) Jo Redfern (resigned 7 September 2023) Tom Whittaker (resigned 25 January 2024)

Structure, governance and management

Nature of governing document

The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 6th May 2005. It has no share capital and the liability of each member in the event of winding-up is limited to £1.

Recruitment and appointment of trustees

Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the memorandum and articles of association:

Page 2

All Saints Centre Huthwaite Ltd

Trustees' Report

Objectives and activities

Objects and aims

The principal objects of the charity are:

• To promote the benefit of the inhabitants of Huthwaite, and surrounding areas of Sutton-in-Ashfield and Ashfield “the area of benefit”, and to encourage these inhabitants to join together with voluntary and other organisations in a collective effort to advance learning and education, relieve poverty and to provide facilities and activities in the interest of social welfare for recreation and other leisure time activities with this object of improving condition of life for these inhabitants;

• To develop capacity and skills of the socially economic disadvantaged inhabitants in the company’s “area of benefit” in such a way as they are better able to identify, and help meet, their needs and to participate more fully in society;

• To establish a community resource centre and to maintain and manage the same, whether alone or in co-operation with any local authority or other organisations in furtherance of these objects.

Objectives, strategies and activities

Community Café open to the public and acting as a gateway to the Centre's services/information. Volunteering opportunities.

Programme of adult education activities.

Vocational courses.

Creche facility for courses.

Provide a base for local Health Visitor's Antenatal Service.

Link to other activities and services: Cititzens Advice Bureau, Ashfield Voluntary Action and Ashfield Community Development Group.

Provide venue and facilities for meetings, social and recreational events.

Provide a venue designed to meet the needs of community groups in Huthwaite.

Provide a programme of activities to young people for example: Scouts, Beavers, Cubs and Baby & Toddler Group.

Provide a venue for nursery education and PE lessons (All Saints Infant and Nursery School). Provide conference facilities for business use.

East Midlands Housing and Social Care: Used the Centre as a base to provide adult education and support. They ended their lease with us 31.03.2024.

The Centre is used as a venue for various organisations as below.

The Centre supported the Warm Space action plan providing a meeting point for the local community, with free food and refreshments. This was supported by volunteers and grants from local organisations.

We are also a base for: Cubs, Scouts and Beavers Thriving Baby & Toddler Group Tea Dances Knit & Knatter Group Community Choir Craft Group Polling Station by Ashfield District Council Beauty Therapist GovSummer Fun Days/Craft Days during August with free food NCC Children's Centre activities and regular 6 week courses Targeted Parenting Classes Church Fairs West Notts College & Gov.Adult Education Courses

Page 3

All Saints Centre Huthwaite Ltd

Trustees' Report

Public benefit

The Café targets those who are affected by food and/or fuel poverty. The Café runs due to to the commitment of those who volunteer their time and expertise.

The Warm Spaces project has been a success attracting a wide range of people from the local community offering free snacks and drinks.

The Café, in particular, has proved successful in attracting users to the centre. It is an excellent means of engaging people and has created opportunities for developing community spirit through interaction of generations.

We have developed the organisation's infrastructure and have policies and procedures in place to meet current expected standards of practise.

We envisage the large numbers of parents and their children who attend the weekly Baby & Toddler Group will be able to access a range of educationally sound play/craft activities. However, this will be based upon the commitment of a small group of volunteers who are involvedin organising and running it.

The continued development of our working partnership with East Midlands Housing and Social Care has seen a large number of new users come into the Centre. Unfortunately, this is ended due to a lower level of their service users. The service is now offered in Tibshelf.

Volunteer led after school family events such as Children's Craft events, a weekly Women's Group and Women's Film Nights, Men's Breakfast and a monthly Table Top Sale are undertaken. Whilst the Centre provides much for parents with young children, we have also been able to provide a real mix of activities and opportunities for people of all ages.

Youth Hang Out: run by volunteers offered a safe meeting place for young people. It had a regular of 30+ youngsters where free food, drinks and recreation was on offer. This has unfortunately had to close due to increased anti social behaviour.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

We have made significant investment in the fabric and equipment of the Centre to ensure a high quality, safe and effective service can be offered.

We have used the many grants obtained during the past year to maintain the Centre in good order and undertake all our legal and health and safety requirements.

We are looking to seek funding to help us reduce our carbon footprint, in order to reach government targets, eg. solar panels, heat pumps, etc.

Financial review

Policy on reserves

Despite reductions in revenue, we still operate with the following principles:

•Regular reviews of our financial position at Trustee meetings (“Finance” is a standing item on the agenda);

•Annual budgets being communicated to and agreed by Trustees;

•Timely applications for additional revenue funding to meet ongoing costs;

•Applying for additional funding when opportunities for new services are highlighted that will incur additional costs.

We continue in our aim to become financially self-sufficient though it is clear how difficult it is to achieve this in the current financial and political climate.

Reserves essentially are used to meet maintenance and repair costs as the building ages.

Page 4

All Saints Centre Huthwaite Ltd

Trustees' Report

Principal risks and uncertainties

Financial risks

We look to expand our client base but there still remains a shortfall in our income post the exit of Nottinghamshire Child Care services.

24-25 will see the Centre move to a break even status or even into a negative position. We will strive to obtain new clients following the loss of the EMH and Social Care operation.

The Community Café provided significant income for the Centre. This is now operating on a limited basis each week.

A significant spend was required for replacement heating (boilers, etc.) and we are constantly reviewing any green options available to us. This made an impact on our finances but was a "must do" action to keep the Centre running.

Roof repairs utilized some of the "ring fenced" reserves we hold along with expenses on lightning both inside and outside the Centre.

The car park has been re-marked to ensure safe parking and disabled options.

We have agreed with the All Saints Church PCC to hold the rental cost paid to them at last year's rate. This is under constant review.

Strive to obtain new clients during 24-25 period.

Centre operations

David Mills, our long time Centre Manager retired in Feb 2024. The Trustees wish to thank David and acknowledge the major contribution he has made developing the Centre. David was appointed a Trustee in Jan 24 as a representative for All Saints School. His valuable expertise is without question.

New Centre Manager was appointed in Jan 2024 and Nicki Turner is leading the development of the Centre.

The Centre Manager is trained in completing risk assessments and has completed Health and Safety and Fire Training courses. The three part-time Caretakers also undergo regular training, including Health & Safety Training. The organisation has successfully completed the PQASSO Level 1 in quality assurance.

Trustee Roles & Responsibilities

The Company Secretary undertakes a monthly financial review along with the Centre Manager. We have regular Trustee meetings with a structured agenda. This gives opportunity to pick up on any issues that may arise at regular intervals. The agenda includes Manager’s Report, Finance, update from the main user of the building, Risk Assessments, staff issues, Public Concerns etc.

Income & expenditure

Trustees are intensifying efforts to look at ways to protect the long-term viability of the charity. This still includes, but is not limited to applying for more revenue funding, requesting additional contributions from connected organisations, trying to open new income streams and options to reduce costs.

Given that our reserves are reducing, the Trustees recognise that any reduction will have serious consequences for our ability to continue operating and providing the many services delivered to our local community through the charity/building.

Page 5

All Saints Centre Huthwalte Ltd Trustees, Report Statement of Respon51b£lltles The trustees (who are also the directors of All Saints Ccntre Huthwaite Ltd for the purposes of company law) ar¢ responsible for preparing the trustees, report and the fmancial statements in accord8nc¢ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PractLfe), including FRS 102 "The Financial Rcporting Standard applicable in the UK and Republic of Ireland" The report and account5 have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare fmancial staiements for each financial year. Under company law the trust¢e>i must not approve the financial statements unless they are satisfied that they give a true and fair view of the state ot. affairs of the ¢baritabl¢ company and ot the incoming resources and application of resources. including its incom¢ and expenditure. of the Charitable company for that period. In preparing these financial ststem¢nts, the trust¢es are required to.. select suitable accounttng policies and apply them consistently; observe the methods and principles in the Charitics SORP. make judgements and estimates that are reasonable and pnkdent. state wheth¢r applicable accounting standards, comprising FRS 102 have been followed, Subject to any material departures disclosed and ¢xplained in the financial statements: and prepare the financial statements on the going concern basis unles5 It is inappropriate to presume that the charitable company will continue in busine55. The trustecs are responsible for keeping proper accountin8 records that Can disclose with reasonable accuracy at any time the financial p081tion of the charitable company and enable them lo ensure that the financtal statements comply with the Companie5 Act 2006. They are also responsible for safeguarding the assets of the charitable company And hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trnstees are responsible for th¢ maintenance and integrity of the corporate and financial inforniation included on the charitable company's w¢bsite. Lcgislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small companles provlslDn statement Thit• r¢port has been prepared in accordance with the small compafti¢s regime under the Companies Act 2006, The annual report was approved by the tnjstees of the charity on .,.. .. . and signed on its behalf by: David Mills Trustee Page 6

All Saints Centre Huthwaite Ltd

Independent Examiner's Report to the trustees of All Saints Centre Huthwaite Ltd ('the Company')

Independent examiner’s report to the trustees of All Saints Centre Huthwaite Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (and 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 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement 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 (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... ao? John O'Brien MSc, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Date:.............................

Page 7

All Saints Centre Huthwaite Ltd

Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
£
16,014
74,338
321
90,673
(91,972)
(91,972)
(1,299)
(1,299)
25,758
24,459		 Restricted
£
-
3,500
-
3,500
(3,500)
(3,500)
-
-
-
-		 Total
2024
£
16,014
77,838
321
94,173
(95,472)
(95,472)
(1,299)
(1,299)
25,758
24,459		 Total
2023
£
2,508
69,528
208
72,244
(89,020)
(89,020)
(16,776)
(16,776)
42,534
25,758

All of the charity's activities derive from continuing operations during the two periods.

The notes on pages 11 to 19 form an integral part of these financial statements. Page 8

All Saints Centre Huthwaite Ltd

Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

These are the figures for the previous accounting period and are included for comparative purposes

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net (expenditure)/income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
funds
£
2,508
61,778
208
64,494
(83,620)
(83,620)
(19,126)
2,350
(16,776)
42,534
25,758		 Restricted
funds
£
-
7,750
-
7,750
(5,400)
(5,400)
2,350
(2,350)
-
-
-		 Total
2023
£
2,508
69,528
208
72,244
(89,020)
(89,020)
(16,776)
-
(16,776)
42,534
25,758

The notes on pages 11 to 19 form an integral part of these financial statements. Page 9

' All Salnts Centre Huthwaite Ltd (Reglstrarfon number: 05445937)" I I: Balance Sheet at 31 March 2024 ,'111 2024 2023 Noteiiil Flxed assets Tangible assets 8,930 12,070 Current gssets Debtors Cash at bank and in hand 12 13 13,424 6.173 8,445 19,597 17.560 Credlton: Amounts falllng due wlthln one yefdr 14 4.068 3,872 Net Current assets 15,529 13,688 Net Assets 24,459 25,758 Funds of the ehvdrlty: unr￿trIcted Ineome funds Unre$tri¢ted funds 24,459 25,758 Total fund$ 19 24,459 25,758 For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies, Directors, responsibililie8: The members have not required the charity to obtain an audit of its accounts for the year in question in accordancc with section 476; and The dsrectors acknowledge thcir responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies Subject to the small companies regime within Part 15 of the Companics Act 2006. an ial stsl¢m¢nts on pages 8 to 19 were approved by the trustees, and auth0ri5ed for issu¢ on d signed on their behalf by: David Rothery Company secretary and trustee The notes on pages I I to 19 form an int¢gral part of thc5e financial 5tstements. Page 10

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

All Saints Centre Huthwaite Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Exemption from preparing a cash flow statement

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Page 11

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Fixtures & fittings 20.0% straight line General equipment 20.0% straight line IT equipment 33.3% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Page 12

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.

2 Income from donations and legacies

Grants, including capital grants;
Government grants
Other income from donations and legacies		 Unrestricted
funds
General
£
1,000
15,014
16,014		 Total
2024
£
1,000
15,014
16,014		 Total
2023
£
-
2,508
2,508

Page 13

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

3 Income from charitable activities

Grants
Rental & room hire
Catering income
Other income
All Saints Nursery rental income
EMH Care & Support rental
income
SP Sports Massage rental income
Alymar Aesthetics rental income		 Unrestricted
funds
General
£
-
42,335
1,849
28
11,500
10,500
5,291
2,835
74,338		 Restricted
funds
£
3,500
-
-
-
-
-
-
-
3,500		 Total
2024
£
3,500
42,335
1,849
28
11,500
10,500
5,291
2,835
77,838		 Total
2023
£
7,750
35,439
3,974
43
5,500
10,000
5,004
1,818
69,528

4 Grants & donations

Ashfield District Council
Magic Little Grants
Coalfields Regeneration Trust
Co-op
Huthwaite PCC
Sundry donations
5
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits		 Unrestricted
funds
£
1,000
-
2,000
1,582
7,256
4,176
16,014
Unrestricted
funds
General
£
321		 Restricted
funds
£
-
500
3,000
-
-
-
3,500
Total
2024
£
321		 Total
£
1,000
500
5,000
1,582
7,256
4,176
19,514
Total
2023
£
208

Page 14

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

6 Expenditure on charitable activities

Alarm & security
Bank charges
Cleaning
Depreciation
Equipment, repairs & renewals
Health & safety
Food & catering
Insurance
Licences
Payroll expenses
Premises maintenance
Printing & stationery
Professional & admin fees
Publicity
Sundry expenditure
Rent
Telephone, IT & postage
Wages, NI & pension
Utilities		 Unrestricted
funds
General
£
997
260
7,738
3,140
369
244
187
3,169
1,604
672
5,767
100
863
18
205
12,000
991
45,336
8,312
91,972		 Restricted
funds
£
-
-
-
-
259
-
3,241
-
-
-
-
-
-
-
-
-
-
-
-
3,500		 Total
2024
£
997
260
7,738
3,140
628
244
3,428
3,169
1,604
672
5,767
100
863
18
205
12,000
991
45,336
8,312
95,472		 Total
2023
£
1,013
252
5,736
3,140
800
204
2,941
2,932
386
615
7,094
104
825
107
182
12,000
681
38,958
11,050
89,020

7 Net incoming/outgoing resources

Net outgoing resources for the year include:

Depreciation of fixed assets

2024
£
3,140		 2023
£
3,140

Page 15

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Pension costs		 2024
£
44,148
1,188
45,336		 2023
£
37,692
1,266
38,958

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Average no. of employees 2024
No
4		 2023
No
4

1 (2023 - 1) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £1,188 (2023 - £1,266).

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £25,995 (2023 - £22,357).

9 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

10 Fees payable to independent examiner

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Independent examination
Other financial services		 2024
£
675
560
1,235		 2023
£
610
520
1,130

Page 16

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

11 Tangible fixed assets

General
equipment
£
Cost
At 1 April 2023
20,841
At 31 March 2024
20,841
Depreciation
At 1 April 2023
19,372
Charge for the year
490
At 31 March 2024
19,862
Net book value
At 31 March 2024
979
At 31 March 2023
1,469
12 Debtors
Trade debtors
Prepayments
Other debtors
13 Cash and cash equivalents
Cash on hand
Cash at bank
14 Creditors: amounts falling due within one year
Trade creditors
Other creditors		 IT equipment
£
651		 Fixtures &
fittings
£
17,578		 Total
£
39,070
39,070
27,000
3,140
30,140
8,930
12,070
2023
£
3,210
3,492
1,743
651 17,578
651
-		 6,977
2,650
651 9,627
- 7,951
- 10,601
2024
£
10,485
1,196
1,743
13,424
2024
£
50
6,123
6,173
2024
£
406
3,662
4,068
8,445
2023
£
50
9,065
9,115
2023
£
2,940
932
3,872

Page 17

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

15 Related party transactions

There were no related party transactions in the year.

16 Charity status

The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

17 Taxation

The charity is a registered charity and is therefore exempt from taxation.

18 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
General
£
8,930
19,597
(4,068)
24,459
Unrestricted
General
£
12,070
17,560
(3,872)
25,758		 2024
Total funds
£
8,930
19,597
(4,068)
24,459
2023
Total funds
£
12,070
17,560
(3,872)
25,758

Page 18

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

19 Funds
Unrestricted funds
General
General
Restricted funds
Warm Spaces (CRT)
Warm Spaces (Magic Little
Grants)
Total restricted funds
Total funds		 Balance at 1
April 2023
£
25,758
-
-
-
25,758		 Incoming
resources
£
90,673
3,000
500
3,500
94,173		 Resources
expended
£
(91,972)
(3,000)
(500)
(3,500)
(95,472)		 Balance at 31
March 2024
£
24,459
-
-
-
24,459

The specific purposes for which the funds are to be applied are as follows:

Warm Sapces (CRT) - funded by Coalfield Regeneration Trust, spent towards food. Warms Spaces (Magic Little Grants) - spent towards food and Café equipment.

These are the figures for the previous accounting period and are included for comparative purposes:

Unrestricted funds
General
General
Restricted
Warm Spaces (NCC)
Warm Spaces (Asda)
Boilers (Thomas Farr)
Total restricted funds
Total funds		 Balance at 1
April 2022
£
42,534
-
-
-
-
42,534		 Incoming
resources
£
64,494
1,700
1,050
5,000
7,750
72,244		 Resources
expended
£
(83,620)
(1,700)
(1,050)
(2,650)
(5,400)
(89,020)		 Transfers
£
2,350
-
-
(2,350)
(2,350)
-		 Balance at
31 March
2023
£
25,758
-
-
-
-
25,758

Page 19