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2022-03-31-accounts

REPORT OF THE TRUSTEES / DIRECTORS AND

THE UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2022

FOR

NEWTOWN COMMUNITY LEARNING CENTRE LTD

OPERATING AS

FIRST STEPS DAY NURSERY

Company Number 05298050

A Company Limited by Guarantee

NEWTOWN COMMUNITY LEARNING CENTRE LTD CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31st March 2022

CONTENTS

Page
Company Information 1
Report of the Trustees and Directors 2
Accountants’ Report 5
Financial Statements 6

NEWTOWN COMMUNITY LEARNING CENTRE LTD REPORT OF THE TRUSTEES AND DIRECTORS for the Year Ended 31st March 2022

The Directors, who are the trustees of the company, present their report together with the financial statements of the charity for the year ended 31[st] March 2021.

Reference and Administrative Information

Charity Name: Newtown Community Learning Centre Charity registration number: 1113136 Company registration number: 05298050 (England and Wales) Registered office and operational address: First Steps Day Nursery Newtown Road Carlisle CA2 7LW Trustees and directors: Mrs S King Mrs S Dickman Mrs K Robertson Company secretary: Mrs S King Reporting accountant: Shaun Brown Shaun Brown Accountants Ltd 14A Hartness Road Gilwilly Industrial Estate Penrith CA11 9BD Bankers: Lloyds TSB Carlisle Solicitors: Burnetts 6 Victoria Place Carlisle CA1 1ES

NEWTOWN COMMUNITY LEARNING CENTRE LTD REPORT OF THE TRUSTEES AND DIRECTORS for the Year Ended 31st March 2022

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee. It was incorporated on 26 November 2004 in the name of Carlisle West Children’s Centre and began operating on 1 December 2004. The Charity’s name was changed by way of a special resolution dated 25 April 2005 to Newtown Community Learning Centre. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and it is governed under its Articles of Association. In the event of being wound up the charity must donate any property left after settling its debts to any other charity with similar objects, or dispose of its assets in any other way permitted by the Charity Commission.

Recruitment and Appointment of Trustees/Directors

The directors of the company are also the charity trustees for the purposes of charity law. The trustees appointed on the incorporation of the charity were the members of the voluntary management committee of the organisation which the charity took over. Further trustees are appointed as and when the charity identifies the need for additional expertise or skills. The charity must have between three and ten trustees at any one time, and one third of the trustees must retire by rotation at each AGM. Each trustee retiring in this way is entitled to be reappointed. The trustees have chosen to act as trustees due to their belief in the need to extend family services to their community from the school campus and their understanding that they should adopt a company limited by guarantee as the best vehicle to achieve their objectives.

Trustee Induction and Training

Trustees read and understand their responsibilities as outlined by the Charity Commission and Companies House standard guidelines prepared for people in their roles. They also bring many skills to the Charity as a result of their existing roles as head teachers, school budget managers and educational consultants. Where necessary skills are bought in to supplement the experience and knowledge of the Board.

Risk Management

The Board adopt a continuing risk assessment approach to all their operating activities and employ staff with appropriate skills to provide regular reports, prompting review and actions as appropriate. Comprehensive insurance cover is also in place.

Connection Organisation

Newtown Community Learning Centre is a partner in Children’s Centre for Carlisle West (The Children’s Centre). Other partners include bodies such as Living Well Trust and Newtown School.

Objectives and Activities

In setting our objectives and planning our activities the Trustees have given careful consideration to the Charity Commission’s general guidance on public benefit and in particular to its supplementary guidance relevant to the Charity’s objectives described below. The Charity’s objectives are:

NEWTOWN COMMUNITY LEARNING CENTRE LTD REPORT OF THE TRUSTEES AND DIRECTORS for the Year Ended 31st March 2022

How our objectives deliver public benefit

The charity provides day care places, and manages facilities on Newtown School Campus for the benefit of the local community.

Achievements and Performance

Our occupancy continues to remain in line with the current staffing levels. We are working very hard to improve our provision to achieve an outstanding in our next OFSTED inspection.

Financial Position

The charity was in a strong financial position at the 31[st] March 2022 with cash reserves of £204,386 (£182,488 – 2021). The reserves are currently held within the Lloyds Bank Account. The Trustees are currently exploring splitting the reserves balance between a number of Banks to ensure the Charity qualifies for the Deposit Protection Scheme.

Reserves Policy

The charity’s activities are covered by comprehensive insurance policies which include financial cover for the charity in the event of an unforeseeable loss of earnings. However the Trustees also consider that it is advisable to build up reserves over time. The Trustees reviewed the charity’s reserves policy and feel it is appropriate to generate free reserves equal to three months’ project costs, in order to safeguard against the effect of unforeseeable or uninsured events. The charity may be in a position to achieve this target within the next year, although this aim may conflict with the Trustees’ continued commitment to provide services for the local community at affordable levels.

To build towards this target, the Trustees intend to work to bring in complementary funding streams, as well as continuing to build community usage of campus facilities, and improving the sustainability of the daycare setting.

Plans for Future Periods

Our future plans will be to review the key objectives and work towards the following:

  1. Consolidate the good progress made by the day care setting and continue to work to maintain and improve the quality of care for the public benefit.

  2. Continue to work positively with the children’s centre to widen access by families to a developing range of family services.

Statement of directors’ responsibilities

Law applicable to companies in England and Wales requires the directors (who are the trustees of the charity) to prepare financial statements for each financial period which give a true and fair view of the company’s financial activities during the period and of its financial position at the end of the period. We confirm that as directors we have met our duty in accordance with the Companies Act 2006 to:

NEWTOWN COMMUNITY LEARNING CENTRE LTD REPORT OF THE TRUSTEES AND DIRECTORS for the Year Ended 31st March 2022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of part 15 of the Companies Act 2016 relating to small companies.

Signed on behalf of the Board

…………………………………………………..

Dated 27[th] February 2023

Newtown Community Learning Centre Accountants' report to the directors and trustees on the unaudited accounts for the year ended 31 March 2022

We report on the accounts for the year ended 31st March 2022 set out on pages 6 to 32. This report is made solely to the company's members, as a body. Our work has been undertaken so that we might state to the company’s members those matters that we are required to state to them in an accountant’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our examination work, for this report or for the opinions we have formed.

Respective responsibilities of directors and reporting accountants

You have confirmed that you have met your duty as set out in the directors' statement on page seven. You consider that the company is exempt from the statutory requirement for an audit for the year. Our responsibility is to form and express an independent conclusion, based on the work carried out, to you on the financial statements.

Scope

We conducted our engagement in accordance with the requirements of the Examiners Report Guidelines provided by the Charity Commission. Our work was based primarily upon enquiry, analytical procedures and assessing accounting policies in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). If we considered it to be necessary, we also performed limited examination of evidence relevant to certain balances and disclosures in the financial statements where we became aware of matters that might indicate a risk of material misstatement in the financial statements.

The terms of our engagement exclude any requirement to carry out a comprehensive assessment of the risks of material misstatement, a consideration of fraud, laws, regulations or internal controls, and we have not done so. We are not required to, and we do not, express an audit opinion on these financial statements.

Conclusion

Based on our work, nothing has come to our attention to refute the directors' confirmation that in accordance with the Companies Act 2006 the financial statements give a true and fair view of the state of the company's affairs as at 31st March 2022 and of its profit for the year then ended and have been properly prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Shaun Brown Accountants Ltd Accountants 14A Hartness Road Gilwilly Industrial Estate Penrith Cumbria CA11 9BD Date: 28 February 2023

Newtown Community Learning Centre Newtown Community Learning Centre CharityNo 1113136 1113136
CompanyNo 5298050
Annual accounts for theperiod
Period start date 01/04/2021 To Period end
date
31/03/2022

Section A Statement of financial activities (including summary income and expenditure account)

Expenditure (Note 6)
Expenditure on:
Tax payable
Net gains/(losses) on
investments
Extraordinary items
Other gains/(losses)
Reconciliation of
funds:
Total
Recommended categories by activity
Income (Note 3)
Income and endowments from:
Charitable activities
Other trading activities
Separate material item of income
Other
Donations and legacies
Investments
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Net movement in funds
Other recognised gains/(losses):
Net income/(expenditure) before tax for
the reporting period
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Raising funds
Other
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
Total funds
Prior year
funds
£
£
F04
F05
Total funds
Prior year
funds
£
£
F04
F05
- - - - -
222,577 - - 222,577 234,195
- - - - -
21 - - 21 32
- - - - -
- - - - -
222,598 - - 222,598 234,227
- - - - -
193,972 - - 193,972 161,043
3,030 - - 3,030 3,293
197,002 - - 197,002 164,336
25,596 - - 25,596 69,891
- - - - -
25,596 - - 25,596 69,891
- - - - -
25,596 - - 25,596 69,891
- - - -
- - - - -
- - - - -
- - - - -
25,596 - - 25,596 69,891
203,224 2,931 - 206,155 136,264
228,820 2,931 - 231,751 206,155

CC17a_charitable_company 847 - 2022

Page 7

Newtown Community Learning Centre Charity No 1113136 Company No 5298050

Section B Balance sheet

Fixed assets
Intangible assets
Tangible assets (Note 11)
Heritage assets
Investments
Total fixed assets
Current assets
Stocks
Debtors (Note 13)
Investments (Note 12)
Cash at bank and in hand (Note 15)
Total current assets
Creditors: amounts falling due within
one year (Note 14)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Restricted income funds (Note 18)
Unrestricted funds (Note 18)
Revaluation reserve
Fair value reserve
Total funds
Unrestricted
funds
£
F01

Restricted
income funds
£
F02
Endowment
funds
Total this
year
£
£
F03
F04
Endowment
funds
Total this
year
£
£
F03
F04
Total last
year
£
F05
- - - - -
19,526 - - 19,526 26,035
- - - - -
- - - - -
19,526 - - 19,526 26,035
- - - - -
14,877 - - 14,877 6,080
- - - - -
204,386 2,931 - 207,317 182,486
219,263 2,931 - 222,194 188,566
7,037 - - 7,037 8,446
212,226 2,931 - 215,157 180,120
231,752 2,931 - 234,683 206,155
- - - - -
- - - - -
231,752 2,931 - 234,683 206,155
- - -
2,931 2,931 2,931
228,821 - 228,821 203,224
-
228,821 2,931 - 231,752 206,155

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors

Signature of director authenticating accounts being sent to Companies House

with FRS102 SORP.
Print Name Date of
approval
dd/mm/yyyy
Signature Date
dd/mm/yyyy
Print name

CC17a_charitable_company 847 - 2022

Page 8

Newtown Community Learning Centre

Charity No 1113136 Company No 5298050

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

• and with ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support The Charity has a strong Balance Sheet made up of a the conclusion that the charity is a going significant amount of cash reserves. concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Not Applicable Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the Not Applicable charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

CC17a_charitable_company 847 - 2022

Page 9

Newtown Community Learning Centre Charity No 1113136
Company No 5298050
Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in accounting policy

Not Applicable

CC17a_charitable_company 847 - 2022

Page 10

Newtown Community Learning Centre Charity No 1113136
Company No 5298050
Section C Notes to the accounts (cont)
Recognition of income
Yes
Yes
Yes
Yes
Yes
Yes
N/a
Yes
N/a
N/a
N/a
N/a
Yes
Yes
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to the
grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Offsetting
Grants and donations
Note 2 Accounting policies
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
2.2 INCOME
Donated goods
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources;
• the monetary value can be measured with sufficient reliability.
Tax reclaims on
donations and gifts
The charity has received government grants in the reporting period
Legacies
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
Government grants
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
Contractual income and
performance related
grants
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and facilities that are consumed immediately are recognised as
Donated services and
facilities

CC17a_charitable_company 847 - 2022

Newtown Community Learning Centre Charity No 1113136
Company No 5298050
Section C Notes to the accounts (cont)
Note 2 Accounting policies
N/a
Yes
Yes
Yes
N/a
N/a
Yes
N/a
Yes
Yes
N/a
Grants with performance
conditions
N/a
N/a
N/a
Yes
Yes
Yes
Yes
Deferred income
No material item of deferred income has been included in the accounts.
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial
instruments
Grants payable without
performance conditions
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
The charity has incurred expenditure on support costs.
2.3 EXPENDITURE AND LIABILITIES
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
Liability recognition
Investment gains and
losses
Income from membership
subscriptions
Income from interest,
royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
The charity has creditors which are measured at settlement amounts less any trade
discounts
Redundancy cost
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
Support costs
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity made no redundancy payments during the reporting period.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Volunteer help
Settlement of insurance
claims
Creditors
Governance and support
costs

CC17a_charitable_company 847 - 2022

Newtown Community Learning Centre Charity No 1113136
Company No 5298050
Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.4 ASSETS
£500
Yes
N/a
N/a
N/a
N/a
N/a
N/a
N/a
N/a
N/a
Yes
Yes
Yes
The charity has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on
deposit and cash equivalents with a maturity of loss than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
Stocks and work in
progress
Tangible fixed assets for
use by charity
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
They are valued at cost.
They are valued at cost.
They are valued at cost.
Debtors
The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
Intangible fixed assets
Heritage assets
Investments
They are valued at fair value except where they qualify as basic financial instruments.
These are capitalised if they can be used for more than one year, and cost at least
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Current asset
investments

CC17a_charitable_company 847 - 2022

Newtown Community Learning Centre Newtown Community Learning Centre Charity No
1113136
Company No
5298050
Section C Notes to the accounts (cont)
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Donations and gifts
- - - - -
GiftAid
- - - - -
Legacies
- - - - -
General grants provided by government/other
charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods,facilities and services
- - - - -
Other
- - - -
Total
- - - - -
NurseyCare
222,577 - - 222,577 234,195
- - - - -
- - - - -
Other
- - - - -
Total 222,577 - - 222,577 234,195
- - - - -
- - - - -
- - - - -
Other
- - - - -
Total
- - -- -
Interestincome
21 - - 21 32
Dividendincome
- - - - -
Rentalandleasingincome
- - - - -
Other
- - - - -
Total 21 - -21 32
- - - - -
- - - - -
- - - - -
- - - - -
Total
- - -- -
Conversionofendowmentfundsintoincome
- - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use
- - - - -
Gain on disposal of a programme related
investment
- - - - -
Royalties from the exploitation of intellectual
propertyrights
- - - - -
Other
- - - - -
Total
- - -- -
222,598- - 222,598234,227
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Separate
material item
of income
TOTAL INCOME
Charitable
activities:
Note 3 Income
Analysis of income
Donations
and legacies:
Where sums originally denominated in foreign currency have
been included in income, explain the basis on which those
sums have been translated into sterling (or the currency in
which the accounts are drawn up).
Not Applicable
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Not Applicable
Not Applicable
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Not Applicable
Other:
Income from
investments:
Other trading
activities:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Not Applicable
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Not Applicable
Where sums originally denominated in foreign currency have
been included in income, explain the basis on which those
sums have been translated into sterling (or the currency in
which the accounts are drawn up).
Not Applicable

CC17a_charitable_company 847 - 2022

Page 14

Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grants
Other
Government grants
Other
Please provide details of any
unfulfilled conditions and other
contingencies attaching to grants
that have been recognised in
Please give details of other forms of
government assistance from which
the charity has directly benefited.
This year
£
Description
This year
£
Description
This year
£
Description
The Charity receives grant funding from Cumbria County Council for
provisionof Nursey care to pre schoolage children,
131,194
-
-
Total
Description
131,194
Last year
£
The Charity receives grant funding from Cumbria County Council for
provisionof Nursey care to pre schoolage children,
189,459
-
-
Total 189,459
Thisyear
Lastyear
189,459
Thisyear
Lastyear

Page 15

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Seconded staff
Use of property
Other
Thisyear This year
Last year
£
£
This year
Last year
£
£
- -
- -
- -
- -
Lastyear
Please provide details of the
accounting policy for the recognition
and valuation of donated goods,
facilities and services.
Please provide details of any
unfulfilled conditions and other
contingencies attaching to resources
from donated goods and services not
recognised in income.
Please give details of other forms of
other donated goods and services not
recognised in the accounts, eg
contribution of unpaid volunteers.
Newtown Community Learning Centre Newtown Community Learning Centre Charity No
1113136
Charity No
1113136
Charity No
1113136
Charity No
1113136
Charity No
1113136
Company No
5298050
Section C Notes to the accounts (cont)
Fundraising agents
Operating charity shops
Other trading activities
Advertising, marketing, direct mail and
publicity
Note 6 Expenditure
Separate material
item of expense
Expenditure on
charitable
activities
Governance costs
Total expenditure on charitable
activities
Wages
Overheads
Expenditure on
raising funds:
Incurred seeking legacies
Total expenditure on raising funds
Operating a trading company
undertaking non-charitable trading
activity
Incurred seeking donations
Incurred seeking grants
Cost of obtaining investment advice
Analysis of expenditure
Intellectual property licencing costs
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
Operating membership schemes and
social lotteries
Staging fundraising events
Database development costs
Investment administration costs
Portfoliomanagement costs
Investment management costs:
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Incurred seeking donations - - - - -
Incurred seeking legacies - - - - -
Incurred seeking grants
Operating membership schemes and
social lotteries
Staging fundraising events
Fundraising agents
Operating charity shops
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
- - - - -
Start up costs incurred in generating
new source of future income
- - - - -
Database development costs - - - - -
Other trading activities
Investment management costs: - - - -
Portfoliomanagement costs - - - - -
Cost of obtaining investment advice - - - - -
Investment administration costs - - - - -
Intellectual property licencing costs - - - - -
Rent collection, property repairs and
maintenance charges
- - - - -
- - - - -
Total expenditure on raising funds - - - - -
Wages 159,648 - - 159,648 126,520
Overheads 34,324 - - 34,324 34,523
Governance costs 3,030 - - 3,030 3,293
- - - - -
Total expenditure on charitable
activities
197,002 - - 197,002 164,336
- - - - -

CC17a_charitable_company 847 - 2022

Page 17

Newtown Community Learning Centre Newtown Community Learning Centre Charity No
1113136
Charity No
1113136
Charity No
1113136
Charity No
1113136
Charity No
1113136
Company No
5298050
Section C Notes to the accounts (cont)
Note 6 Expenditure
Analysis of expenditure on charitable activities
Other information:
Total other expenditure
TOTAL EXPENDITURE
Other
Total
Expenditure
- - - - -
- - - - -
- - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total other expenditure - - - - -
197,002 - - 197,002 164,336
Activity or
programme
Activities undertaken directly Activities undertaken directly Grant
funding
of
activities
Support
Costs
Total this
year
Total
prior year
£ £ £ £ £
Activity 1
Activity2
Supplyof NurseryServices 131,194 65,808 197,002 164,336
Other
Total 131,194 65,808 197,002 164,336
Prior year expenditure on charitable activities
can be analysed as follows:
Not Applicable
Within the expenditure items above the
following items are material: (please disclose
the nature, amount and any prior year
amounts)
Not Applicable
Where sums originally denominated in foreign
currency have been included in expenditure,
explain the basis on which those sums have
been translated into sterling (or the currency
in which the accounts are drawn up).

Not Applicable

CC17a_charitable_company 847 - 2022

Page 17

Section C Notes to the accounts (cont)

Note 7 Extraordinary items

Please explain the nature of each extraordinary item occurring in the period.

Please explain the nature of each extraordinary item occurring in the period. ure of each extraordinary item occurring in the period.
Extraordinary item 1
Extraordinary item 2
Extraordinary item 3
Extraordinary item 4
Total extraordinary items
Description
Description This year
Last year
£
£
- -
- -
- -
- -
- -
- -

Newtown Community Learning Centre Charity No 1113136 Company No 5298050

Section C Notes to the accounts

Note 8 Details of certain types of expenditure

Note 8.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Note 8.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent examiner
Independent examiner’s fees
Assurance services other than independent examination
This year
£
Last year
£
1,944 1,788
0 0
0 0
0 0

CC17a_charitable_company 847 - 2022

Page 19

1113136 5298050

Newtown Community Learning Centre Charity No Company No

Section C Notes to the accounts (cont)

Note 9 Paid employees

Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)

9.1 Staff Costs

Social security costs
Less Job Retention Scheme Receipts
Total staff costs
Pension costs (defined contribution pension plan)
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party
Salaries and wages
This year
£
Last year
£
150,849 137,596
6,108 5,359
2,691 2,542
- - 18,977
159,648
126,520
Not Applicable

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000
No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000
None Paid
Band Nu mber of employees
£60,000 to £69,999 Not Applicable
£70,000 to £79,999 Not Applicable
£80,000 to £89,999 Not Applicable
£90,000 to £99,999 Not Applicable
£100,000 to £109,999 Not Applicable
The parts of the charity in which the
employees work
9.2 Average head count in the year
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity. For
specific amounts paid to trustees, see
Note 28.
£38,390 - Manager £38,390 - Manager £38,390 - Manager
This year
Number
Last year
Number
Fundraising - -
Charitable Activities 10 9
Governance - -
Other - -
Total 10 9

9.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment
Please state the legal authority or
reason for making the payment
Please state the amount of the payment
(or value of any waiver of a right to an
asset)
Not Applicable
Not Applicable
Not Applicable

9.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Please state the accounting policy for
any redundancy or termination
payments
Total amount of payment
The extent of redundancy funding at the
balance sheet date
The nature of the payment (cash, asset
etc.)
Not Applicable
Not Applicable
Not Applicable
Not Applicable

CC17a_charitable_company 847 - 2022

Page 20

Newtown Community Learning Centre Charity No
1113136
Company No
5298050
Section C Notes to the accounts (cont)

Note 10 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

Amount of contributions recognised in £2,691 the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between Unresticted funds activities and between restricted and unrestricted funds.

CC17a_charitable_company 847 - 2022

Page 21

Newtown Community Learning Centre Charity No
1113136
Company No
5298050
Section C Notes to the accounts
Freehold land
& buildings
Other land &
buildings
£
£
At the beginning of
the year
- -
Additions
- -
Revaluations
- -
Disposals
- -
Transfers
- -
At end of the year
- -
Basis
Reducing
Balance
Rate
At beginning of the
year
- -
Disposals
- -
Depreciation
- -
Impairment
- -
Transfers

- -
At end of the year
- -
Net book value at the
beginning of the year
- -
Net book value at the
end of the year
- -
11.4 Impairment
11.5 Revaluation
Please provide a description of the events and
circumstances that led to the recognition or
reversal of an impairment loss.
11.1 Cost or valuation
the carrying amount that would have been
recognised had the assets been carried under
the cost model.
(iii) Details of the existence and carrying
amounts of property, plant and equipment to
which the charity has restricted title or that are
pledged as security for liabilities.
the name of independent valuer, if applicable
(ii) Please provide the amount of contractual
commitments for the acquisition of tangible
fixed assets.
(i) Please state the amount of borrowing costs,
if any, capitalised in the construction of tangible
fixed assets and the capitalisation rate used.
the effective date of the revaluation
Note 11 Tangible fixed assets
If an accounting policy of revaluation is adopted,
11.3 Net book value
11.2 Depreciation and impairments
11.6 Other disclosures
the methods applied and significant
assumptions
Plant,
machinery and
motor vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
45,113 52,292 97,405
- - -
- - -
- - -
- - -
45,113 52,292 97,405
Reducing
Balance
Reducing
Balance
Reducing
Balance
15%
15%
15%
27,378 43,992 71,370
- - -
3,757 2,752 6,509
- - -
- - -
31,135 46,744 77,879
17,735 8,300 26,035
13,978 5,548 19,526
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable

please provide:
Not Applicable
Not Applicable

Not Applicable
Not Applicable
Not Applicable

CC17a_charitable_company 847 - 2022

Page 22

Newtown Community Learning Centre

Newtown Community Learning Centre Charity No 1113136 Company No5298050 Section C Notes to the accounts (cont)

Note 12 Investment assets

12.1 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.

Analysis of current asset investments

Cash or cash equivalents Listed investments Investment properties Social investments Other investments Total

This year Last year
£ £
- -
204,385 182,487
- -
- -
- -
204,385 182,487

12.2 Guarantees

Please provide details and amount of any guarantee made to or on behalf of a third party

Name of the entity or entities benefitting from those guarantees

Please explain how the guarantee furthers the charity's aims

Not Applicable Not Applicable Not Applicable

12.3 Additional information

Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.

All Investments held as Cash Deposits or performance eg. terms and conditions of loans or the use of hedging to manage financial risk. For all investments measured at fair value, the basis for determining the value, including any Not Applicable assumptions applied when using a valuation technique. Where a charity or its subsidiary has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security Not Applicable and the terms and conditions relating to its pledge.

CC17a_charitable_company 847 - 2022

Page 23

Newtown Community Learning Centre

Charity No 1113136
Company No 5298050

Section C Notes to the accounts (cont)

Note 13

13.1 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors

Total This year
£
Last year
£
13,327.0 3,686.5
1,550.0 2,394.0
- -
14,877.0 6,080.5

CC17a_charitable_company 847 - 2022

Page 24

Newtown Community Learning Centre

Charity No 1113136 Company No 5298050

Section C Notes to the accounts (cont)

Note 14 Creditors and accruals

14.1 Analysis of creditors

14.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts
or performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
£
Last year
£
This year
£
Last year
£
- - - -
- - - -
947 - - -
- - - -
3,732 3,492 - -
1,808 4,954 - -
550 - - -
7,037 8,446 - -

CC17a_charitable_company 847 - 2022

Page 25

Newtown Community Learning Centre Charity No
1113136
Charity No
1113136
Company No
5298050
Section C Notes to the accounts This year
Last year
£
£
- -
- -
204,386 182,487
- -
204,386 182,487
(cont)
Other
Short term deposits
Cash at bank and on hand
Total
Note 15 Cash at bank and in hand
Short term cash investments (less than 3 months maturity date)
This year
£
Last year
£
- -
- -
204,386 182,487
- -
204,386 182,487

CC17a_charitable_company 847 - 2022

Page 26

Section C Notes to the accounts (cont)

Note 16 Fair value of assets and liabilities

This year Last year 16.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying The Charity has a number of small debtor what is owed) , liquidity risk (the risk of not The Charity has a number of small debtor balances at the year end related to the being able to meet short term financial balances at the year end related to the provision provision of nursery services. None of the demands) and market risk (the risk that the of nursery services. None of the debtor debtor balances are of sufficient size to impact value of an investment will fall due to balances are of sufficient size to impact the the liquidity of the Charity if upaid or to cause changes in the market) arising from liquidity of the Charity if upaid or to cause any any systemic risk to the functioning of the financial instruments to which the charity Charity. systemic risk to the functioning of the Charity. is exposed at the end of the reporting period and explain how the charity manages those risks.

16.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

N/A N/A

Section C Notes to the accounts (cont)

Note 17 Events after the end of the reporting period Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

This year Last year Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made

Newtown Community Learning Centre Charity No
1113136
Company No
5298050
Section C Notes to the accounts (cont)

Note 18 Charity funds

18.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

unrestricted funds
Fund names Type PE, EE
**R or UR ***
Purpose and Restrictions Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund
balances
carried
forward
£
Restricted Funds R 2,931 - - - - 2,931
Unrestricted Funds UR 203,225 222,598 - 197,002 - - 228,821
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure)
N/a N/a - - - - - -
Total Funds as per balance sheet 206,156 222,598 - 197,002 - - 231,752

CC17a_charitable_company 847 - 2022

Page 29

Newtown Community Learning Centre

Newtown Community Learning Centre Charity No 1113136 Company No 5298050 Section C Notes to the accounts (cont)

Note 18 Charity funds

18.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

unrestricted funds
Fund names Type PE, EE
**R or UR ***
Purpose and Restrictions Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund
balances
carried
forward
£
Restricted Funds R 2,931 - - - - 2,931
Unrestricted Funds UR 133,334 234,227 - 164,336 - - 203,225
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure)
N/a N/a - - - - - -
Total Funds as per balance sheet 136,265 234,227 - 164,336 - - 206,156

CC17a_charitable_company 847 - 2022

Page 30

Newtown Community Learning Centre

Newtown Community Learning Centre Charity No 1113136 Company No 5298050 Section C Notes to the accounts (cont)

Note 19 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

19.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee Legal authority (eg
order, governing
document)
Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value
This year Last year
£
Remuneration Pension
contribution
Redundancy
(including
loss of
office)/ex
gratia
Other TOTAL
£ £ £ £ £
Please give details of why remuneration or other
employment benefits were paid.
State the number of trustees to whom retirement benefits
are accruing under a defined contribution pension
scheme.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
If a third party has been reimbursed for providing one or
more trustees, state the nature of the payment and
amount of the reimbursement.
Not Applicable
Not Applicable
Not Applicable
Not Applicable

19.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False) TRUE
Type of expenses reimbursed This year Last year
£ £
Travel
Subsistence
Accommodation
Other (please specify):
TOTAL
Please provide the number of trustees reimbursed for
expenses or who had expenses paid by the charity
Not Applicable

19.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

provided. provided. provided.
There have been no related party transactions in the repor ting period (True or False) TRUE
Name of the trustee
or related party
Relationship
to charity
Description of the
transaction(s)
Amount Balance at
period end
Provisio
debts at p
n for bad
eriod end
Amounts
written off
during
reporting
period
£ £ £ £
For any related party, please provide details of any
guarantees given or received.
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement.
Not Applicable
Not Applicable

CC17a_charitable_company 847 - 2022

Page 31

Section C Notes to the accounts (cont)

Note 20 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

Page 32