Minibuses, Shoppers, Voluntary Car Scheme Ring&Ride
Cosy Cuppa
Sessions: 42 Attendance: 882
- Volunteers: 29
Vehicles: 12 Miles covered: 44,281 Miles: 50,033 Passenger boardings: 5,076 Thank you all for giving back to the Passenger boardings: 14,844 community with your time and commitment. Wheelchair boardings: 1,860 Volunteers…. always making a difference. Thank you
When everyone turns up the room isn’t big enough, so we are looking for premises. A lovely bunch of people, very noisy, welcoming, noisy, friendly and noisy! Big thanks to Jane Pollard for keeping it all together and also to Wendy Scott and Glenys Sage for being reliable assistants.
We have received grants from Ashfield District Council, Nottinghamshire County Council, Bring Joy {COVID}, Awards for All, Martin Lewis, Veolia, Emergency Fund, Bassetlaw Action Centre, Jessie Spencer Trust, Arnold Clark Community Fund, Catch 22, JN Derbyshire Trust and Ashfield’s Got Talent and many individual donations from members. Although it just missed this financial year, I want to mention a donation received from Phillip Bacon, who is a member, who gave us £1,206 to purchase a defibrillator.
Caring Codgers
Helping to reduce isolation in Ashfield amongst older people with mobility problems. This group resumed in January 2022 and since then the numbers have increased very quickly with lots of new members.
Staff members: Matt Pike, Elden Skinner, Jay Osmond, Ian Craske, Jen Hannant, John Blount, Alan Anderson, Adrian Rowe, Paddy Ryan and Angie Peppard.
Sessions: 15 Attendance: 154
Wheelchair Hire
Walking group
Various size wheelchairs are Seated exercise classes
Monthly walks had been suspended this year until March due to walk leaders being in isolation. We have however done some one to one walks with members to keep them active and help restore confidence to go outside and continue their lives without fear.
this year until March due to walk available and these were hired out for leaders being in isolation. We have individual members who needed to however done some one to one walks travel for health appointments. This with members to keep them active and year we have waivered the hire fee help restore confidence to go outside and delivered and collected them free and continue their lives without fear. of charge until January 2022. They are also used frequently on our Ring & Individual walks: 44 Ride journeys for those who have difficulty from door to bus.
Weekly chair based exercise sessions at Our Centre followed by refreshments. Helen and Pauline have enabled the classes to successfully continue by creating a safe environment. Since Covid restrictions have reduced the classes have tripled in numbers and we are almost in the entrance hall.
Achievements This Year
- No. of wheelchairs borrowed: 97
Sessions: 62 Attendance: 558
-
Biggest attendance yet at Xmas show Volunteers: Jane Pollard, Sandra Shooter, Chris Rowe, John Bower, Ken Thompson, John Blount, Dave Millard, Paul Williamson, Adrian Rowe, John Dove,
-
• Normal services resumed Matt Pike, Andy Jones, Don Ward, John Knight, Glen Smith, Gary Cooper, Rob
-
• Replaced oldest buses for a Barker, Eileen Ryan, Jenny Hannant, Helen Williamson, Chloe Smith, Ian Craske, newer one Gill Welch, Eileen Lawrence, Paddy Ryan, Cllr. Warren Nuttall, Mike Burn, Betty Bostock, Lindsay Craske, Margaret Smith, Kathleen Foote, Dave Rothery, Pauline
-
• Celebrated 40 years of ’Our Stojanovic, Alberto Rovida, Elden Skinner, Jean Toseland, Anne Morecroft, John
-
Centre’ and made it on to Turner, Gary Chauntry, Sarah Smith, Jim Williams, Kevin Skinner, Geoff Ware, BBC news and local radio Chris Vardy, Dave Butler, Alan Anderson, Chris Burley, Chris Young, Stuart Wigman, Jeanette Osmond, Jayne Harwood, Alan Kelly, Peter Bird, Jeff Thomas, Jean
-
• Recruited loads of volunteers Craske, Dave Bramwell, Angie Peppard and last but not least Sally Anne Kent.
Our Centre is committed to promoting and valuing equality & diversity in all of its activities. We welcome and celebrate the diversity of the communities and are strongly committed to achieving equal opportunities and access for all people and groups in society. Equality & diversity is the cornerstone of all of our policies and procedures. We are proud of the actions we take to eliminate discrimination and prejudice to ensure inclusion and engagement for all the people who work and volunteer with us or wish to use our services. We will continue to strive towards a culture that is diverse and which recognises and develops the potential of all our staff, volunteers and service users and we will go above and beyond the minimum legal requirements in order to achieve this.
We are very grateful to our funders:-
6 Pond Street, Kirkby In Ashfield Nottingham
Report by the Chair of Trustees
Tel: 01623 753192 Email: ourcentre@hotmail.co.uk Website: www.ourcentre.org.uk Registered charity no: 1119588 Company No: 5956771
This year saw the cautious start to a return to normality following the relaxing of Covid restrictions. Our clubs, societies, leisure facilities and care homes were slowly opening up which, in turn, increased the demand for our services, our buses and volunteer drivers’ cars. This, of course, created a heavy workload for those working in the office, working beyond their hours to ensure the jobs were completed. Once again, I would like to say a big THANK YOU from myself and the board of Trustees and also on behalf of yourselves.
Board of Trustees
Chairperson:
Chairperson: Mr Paul Williamson Vice Chair: Mrs Helen Williamson Treasurer: Mrs Pauline Stojanovic Trustees: Mr Alberto Rovido Mrs Christina Rowe
We also saw attendances at our popular groups, “Cosy
Cuppa” and “Seated Exercises,” grow in number. We are thrilled with the feedback from the participants of these groups who tell us of the benefits they get from participation in the sessions. May I also give a big SHOUT OUT to the newly established “Cosey Mosey” group run by Ian and Jean Craske which organizes short walks for all those who would like just some gentle exercise with a cuppa at the end of it
Mr Rob Barker
Mr John Knight
Cllr Warren Nuttall - ADC representative Mrs Gillian Welch - ADC representative Appointed Examiner of Accounts:
Community Accounting Plus
This year’s new venture into establishing our charity shop “Glad Rags,” on the premises has proved extremely popular and is contributing to the running of all the services at Our Centre. Like everybody else, we have felt the pinch of the increases to the cost of living this year, not least of which is the rise in fuel costs. This is hitting us hard, especially as our funding is falling. I cannot praise our management team, our drivers and voluntary workers enough and I ask you all to “keep the faith” with us as we seek to provide the services you need into the long term !! May I also assure you that we, the board of trustees, and our workforce will work tirelessly on your behalf. I look forward to seeing you all again in the very near future.
With best wishes, Paul Williamson Chair of the Board of Trustees
NEW LIFE FRIENDSHIP GROUP
COSY CUPPA
BRUNTS CHARITY
FREE TO BE
QuickBooks information inputted and coordinated by Matt
FORGET ME NOT
Manager’s Report
Welcome everyone,
I’d like to keep this positive so I’m not going to mention the complete lack of appreciation we receive from councils and government .. you know who they are; those people who are absolutely clueless about what we do. To say that we provide transport doesn’t come anywhere near describing the service that we offer. So, I’m inviting these decision makers to please come and spend a day/week with us on our buses and at the centre and you will be stunned and amazed in equal measure. Anyway, I’m not going to mention that. Instead, I will talk about all things fabulous;
-
The bus and car scheme volunteers, who I won’t mention individually but they know who they are – what an incredible team!
-
Jane who organises our Cosy Cuppa group, Glenys the pot washer and Wendy who does everything else.
-
Jean and Lindsay who regularly help at Glad Rags, keeping it as inviting as they can under cramped conditions.
-
Helen and Pauline for the seated exercise classes and the pop classics.
-
Chris for being milk monitor and receiver of parcels when we are closed, plus greetings cards donations.
-
Jean, Ian & Sandra for cosily moseying along with the walking group members.
-
Sally -Anne for the pure joy she brings {sometimes she moans a bit, well a lot really }
-
Gary for cleaning anything with wheels on, and anything without wheels.
-
Eileen, Betty and Iris for bringing organised chaos in the form of the Caring Codgers.
-
The trustees – all of them for believing in me.
-
Gill Welch for always being in our corner.
-
Cllr Warren Nuttall for his support and for proper making me laugh.
-
Dave Hennigan, I’ve never met him but he must be fabulous because he looks out for us.
-
The staff who drive the buses and drive me crazy.
-
The office staff, who I drive crazy.
-
The annual extravaganza, which is our Christmas Show.
-
The carers who trust us with their most precious/vulnerable possessions.
-
The groups and individuals who continue to support our services.
I light-heartedly mentioned the bus drivers earlier, but in truth they really are amazing {most of the time}. They cope with challenges in their stride {most of the time} and they make me proud, make me laugh and make me grateful {all of the time}.
In the office, there is Paddy; he’s our newest member of staff, but he understands the ethos of our centre and has an excellent rapport with the volunteers and customers. Workwise, we couldn’t cope without him ; joke-wise, we can’t cope with him.
Elden is our great all-rounder; driver, emergency call-outs, mechanic, handy man, office negotiator and is responsible for all MOT’s, insurances, bus and building maintenance checks, services and repairs. Always smiling, takes everything in his stride and never panics…...just creates panic in the office
Matt, well he’s the backbone of the office and always panics, unless it’s something worth panicking about and then he’s calm. He has excellent customer service and empathy, he's on the ball with everything; expertly prepares and manages our finances and is a dependable support for us all.
Then there’s me, I don’t think there’s anything left for me to do so I must be here under false pretences {joke}. I’m not ready to retire just yet but if I left tomorrow, I couldn’t be prouder of the team taking Our Centre onto its next adventures, thank you all.
Angie
Special thanks also to The Tin Hat Centre for their catering — I haven’t seen it yet but I know it will be gorgeous , as always.
Pike
Company registration number: 05956771 Charity registration number: 1119588
Our Centre
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2022
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Our Centre
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 to 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
Our Centre
Reference and Administrative Details
Trustees Paul Williamson, Chair Helen Williamson, Vice Chair Pauline Stojanovic, Treasurer Rob Barker Christina Rowe Alberto Rovida John Knight Charity Registration Number 1119588 Company Registration Number 05956771 Registered Office 6 Pond Street Kirkby-in-Ashfield Nottinghamshire NG17 7AH Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
Our Centre
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Paul Williamson, Chair Helen Williamson, Vice Chair Pauline Stojanovic, Treasurer Rob Barker Christina Rowe Alberto Rovida John Knight (appointed 19 January 2022)
Norma Severn (resigned 16 March 2022)
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 5 October 2006. 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
Vacant positions are advertised on the Our Centre website, the Our Centre newsletter, local radio, in community centres, libraries and on social media. All applications are presented at a Trustee Meeting with their proposals and this is followed up with an induction meeting and training if appropriate.
Objectives and activities
Objects and aims
To support Kirkby-in-Ashfield and the wider community with services to aid healthier, independent lifestyles and ease isolation, financial hardship and well-being.
Public benefit
Community transport via fully accessible minibuses and a voluntary car scheme, volunteer recruitment and support, wheelchair hire, walking groups, chair based exercise groups, self help groups, social groups, recycling of clothes and other household items, shopper services and resource centre.
These activities increase skills and confidence, reduce isolation, enhance physical and emotional well-being and promote good mental health.
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.
Page 2
Our Centre
Trustees' Report
Achievements and performance
Fully opened up the centre post pandemic.
Started a new walking group for people with mobility problems, who couldn't cope with regular walking groups e.g those with walkers, wheelchairs, blind and partially sighted people.
Re-launched our Out & About trips.
Celebrated 40 years of Kirkby Volunteer Centre/Our Centre by holding a successful event and opening our charity shop 'Glad Rags'.
Replaced 2 of our old minibuses (sold in 2020) with a newer one.
Trained a volunteer so they are able to deliver Chair Based exercise classes as an instructor.
Recruited 2 new volunteer minibus drivers.
Financial review
Currently our financial position remains stable due to support from funders and through business grants.
Policy on reserves
The Trustees have established a reserves policy to ensure that adequate funding be kept in reserve in the event that Our Centre ceases to be viable. The level of reserves is reviewed annually and adjusted appropriately by the management committee. The charity currently has reserves to cover three months running costs.
Principal risks and uncertainties
Financial risks Loss of funding. Replacement of minibuses.
Acknowledgements
Special thanks to our funders, staff and volunteers and the community for supporting the work we do. Also thanks to CA Plus for the tremendous support provided.
Page 3
Our Centre
Trustees' Report
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Our Centre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies 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.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 18/7/22
----- Start of picture text -----
.........................................
----- End of picture text -----
......................................... Paul Williamson Trustee
Page 4
Our Centre
Independent Examiner's Report to the trustees of Our Centre
Independent examiner’s report to the trustees of Our Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.
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
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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
-
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.
......................................
John O'Brien MSc, 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
19/07/2022 Date:.............................
Page 5
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2022 (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 Other income 6 Total Income Expenditure on: Charitable activities 7 Total Expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 20 |
Unrestricted £ 105,463 6,016 596 - 112,075 (92,511) (92,511) 19,564 (26,098) (6,534) 323,237 316,703 |
Restricted £ - 149,619 - - 149,619 (170,212) (170,212) (20,593) 26,098 5,505 18,856 24,361 |
Total 2022 £ 105,463 155,635 596 - 261,694 (262,723) (262,723) (1,029) - (1,029) 342,093 341,064 |
Total 2021 £ 205,946 109,322 814 2,000 |
|---|---|---|---|---|
| 318,082 | ||||
| (206,632) | ||||
| (206,632) | ||||
| 111,450 - |
||||
| 111,450 230,643 |
||||
| 342,093 |
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for the period is shown in note 20.
The notes on pages 9 to 17 form an integral part of these financial statements. Page 6
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2022 (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 Other income 6 Total Income Expenditure on: Charitable activities 7 Total Expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 20 |
Unrestricted £ 205,946 3,270 814 - 210,030 (140,223) (140,223) 69,807 39,905 109,712 213,525 323,237 |
Restricted £ - 106,052 - 2,000 108,052 (66,409) (66,409) 41,643 (39,905) 1,738 17,118 18,856 |
Total 2021 £ 205,946 109,322 814 2,000 |
|---|---|---|---|
| 318,082 | |||
| (206,632) | |||
| (206,632) | |||
| 111,450 - |
|||
| 111,450 230,643 |
|||
| 342,093 |
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
Our Centre
(Registration number: 05956771) Balance Sheet as at 31 March 2022
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand 15 Creditors: Amounts falling due within one year 16 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds 20 Unrestricted income funds Unrestricted funds Total funds 20 |
2022 £ 77,212 6,698 258,908 265,606 (1,754) 263,852 341,064 24,361 316,703 341,064 |
2021 £ 64,985 16,331 262,901 |
|---|---|---|
| 279,232 (2,124) |
||
| 277,108 | ||
| 342,093 | ||
| 18,856 323,237 |
||
| 342,093 |
For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their 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 Companies Act 2006.
The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 18/7/22 .................... and signed on their behalf by:
.........................................
Pauline Stojanovic Trustee
The notes on pages 9 to 17 form an integral part of these financial statements. Page 8
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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
Our Centre 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
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these 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.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
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 9
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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.
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, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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 on a straight line basis as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Land & buildings | 3% |
| Fixtures & fittings | 10% |
| General equipment | 20% |
| IT equipment | 33.3% |
| Motor vehicles | 20% |
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 10
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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
| Donations and legacies; Donations from companies, trusts and similar proceeds Grants, including capital grants; Government grants |
Unrestricted funds General £ 19,235 86,228 105,463 |
Total 2022 £ 19,235 86,228 105,463 |
Total 2021 £ 28,740 177,206 |
|---|---|---|---|
| 205,946 |
Page 11
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
3 Income from charitable activities
| Unrestricted funds General £ Activities 1,193 General administration 650 Grants & donations - Wheelchair & room hire 459 Registration 2,031 Fundraising 433 GladRags sales 1,250 Transport fares & hire - Other revenue - 6,016 4 Grants & donations Nottinghamshire County Council Ashfield District Council Arnold Clark Community Fund Bassetlaw Action Centre Catch 22 Nottinghamshire J. N. Derbyshire Trust HMRC JRS Sundry grants & donations 5 Investment income Interest receivable and similar income; Interest receivable on bank deposits |
Restricted funds £ - 1,042 65,393 - 704 - - 82,480 - 149,619 Unrestricted funds £ 24,166 10,667 1,000 700 9,994 200 51,395 7,341 105,463 Unrestricted funds General £ 596 |
Total 2022 £ 1,193 1,692 65,393 459 2,735 433 1,250 82,480 - 155,635 Restricted funds £ 41,073 16,000 - 6,300 - 1,800 - 220 65,393 Total 2022 £ 596 |
Total 2021 £ - 20 83,666 1,941 670 87 - 22,341 597 |
|---|---|---|---|
| 109,322 | |||
| Total £ 65,239 26,667 1,000 7,000 9,994 2,000 51,395 7,561 |
|||
| 170,856 | |||
| Total 2021 £ 814 |
Page 12
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
| 6 Other income Gains on sale of tangible fixed assets for charity's own use |
Total 2022 £ - |
Total 2021 £ 2,000 |
|---|---|---|
7 Expenditure on charitable activities
| Activities & supplies Card machine & bank charges GladRags shop costs Cleaning Depreciation Subscriptions Hospitality IT software & consumables Training Legal & professional Insurance Payroll service Premises maintenance Equipment, repairs & renewals Rent, room hire & utilities Printing, stationery & postage Telephone & internet Vehicle running costs & insurance Volunteer expenses Wages, NI & pension |
Unrestricted funds General £ 676 43 160 43 2,855 - 1,259 259 228 129 788 315 422 20 273 126 210 - 163 84,542 92,511 |
Restricted funds £ 217 174 - 269 13,509 335 602 294 - 1,268 - 1,061 2,099 31 1,744 949 1,889 40,838 4,522 100,411 170,212 |
Total 2022 £ 893 217 160 312 16,364 335 1,861 553 228 1,397 788 1,376 2,521 51 2,017 1,075 2,099 40,838 4,685 184,953 262,723 |
Total 2021 £ 524 930 - 341 13,639 215 26 1,515 - 1,291 1,888 1,550 167 30 1,381 1,111 1,751 15,605 3,281 161,387 |
|---|---|---|---|---|
| 206,632 |
8 Net incoming/outgoing resources
Net (outgoing)/incoming resources for the year include:
| Depreciation of fixed assets | 2022 £ 16,364 16,364 |
2021 £ 13,639 |
|---|---|---|
| 13,639 |
Page 13
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
9 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2022 £ 175,481 6,632 2,840 184,953 |
2021 £ 154,915 4,100 2,372 |
|---|---|---|
| 161,387 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2022 No 11 |
2021 No 12 |
|---|---|---|
8 (2021 - 9) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £2,840 (2021 - £2,372).
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 £36,683 (2021 - £31,413).
10 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.
11 Related party transactions
There were no related party transactions in the year.
Page 14
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
12 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity’s independent examiner are analysed as follows:
| Independent examination Other financial services |
2022 £ 1,095 1,197 2,292 |
2021 £ 1,065 1,292 |
|---|---|---|
| 2,357 |
13 Tangible fixed assets
| Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 14 Debtors Trade debtors Other debtors |
Land and buildings £ 72,536 - 72,536 18,866 2,176 21,042 51,494 53,670 |
Fixtures & fittings £ 4,650 - 4,650 4,650 - 4,650 - - |
Motor vehicles £ 168,055 26,555 194,610 156,740 13,509 170,249 24,361 11,315 |
IT equipment £ 6,101 2,036 8,137 6,101 679 6,780 1,357 - |
IT equipment £ 6,101 2,036 8,137 6,101 679 6,780 1,357 - |
General equipment £ 15,932 - |
Total £ 267,274 28,591 295,865 202,289 16,364 218,653 77,212 64,985 2021 £ 1,993 14,338 |
|
|---|---|---|---|---|---|---|---|---|
| 15,932 | ||||||||
| 15,932 - |
||||||||
| 15,932 | ||||||||
| - | ||||||||
| - | ||||||||
| 2022 £ 2,698 4,000 6,698 |
||||||||
| 16,331 |
Page 15
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
15 Cash and cash equivalents
| Cash on hand Cash at bank 16 Creditors: amounts falling due within one year Trade creditors Other creditors Accruals |
2022 £ 312 258,596 258,908 2022 £ - 294 1,460 1,754 |
2021 £ 151 262,750 |
|---|---|---|
| 262,901 | ||
| 2021 £ 50 367 1,707 |
||
| 2,124 |
17 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.
18 Taxation
The charity is a registered charity and is therefore exempt from taxation.
19 Analysis of net assets between funds
Unrestricted
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
General £ Designated £ 52,851 - 128,192 137,414 (1,754) - 179,289 137,414 Unrestricted General £ Designated £ 53,670 - 108,179 163,512 (2,124) - 159,725 163,512 |
Restricted £ 24,361 - - 24,361 Restricted £ 11,315 7,541 - 18,856 |
2022 Total funds £ 77,212 265,606 (1,754) |
|---|---|---|---|
| 341,064 | |||
| 2021 Total funds £ 64,985 279,232 (2,124) |
|||
| 342,093 |
Page 16
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
20 Funds
| Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted funds Salaries (Awards for All) Transport fund Total restricted funds Total funds Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted Salaries (Awards for All) Transport fund Total restricted funds Total funds |
Balance at 1 April 2021 £ 159,725 163,512 323,237 7,541 11,315 18,856 342,093 Balance at 1 April 2020 £ 89,918 123,607 213,525 - 17,118 17,118 230,643 |
Incoming resources £ 112,075 - 112,075 - 149,619 149,619 261,694 Incoming resources £ 210,030 - 210,030 9,881 98,171 108,052 318,082 |
Resources expended £ (92,511) - (92,511) (7,541) (162,671) (170,212) (262,723) Resources expended £ (140,223) - (140,223) (2,340) (64,069) (66,409) (206,632) |
Transfers £ - (26,098) (26,098) - 26,098 26,098 - Transfers £ - 39,905 39,905 - (39,905) (39,905) - |
Balance at 31 March 2022 £ 179,289 137,414 |
|---|---|---|---|---|---|
| 316,703 | |||||
| - 24,361 |
|||||
| 24,361 | |||||
| 341,064 | |||||
| Balance at 31 March 2021 £ 159,725 163,512 |
|||||
| 323,237 | |||||
| 7,541 11,315 |
|||||
| 18,856 | |||||
| 342,093 |
The specific purposes for which the funds are to be applied are as follows:
Transport fund is the net book value of vehicles and hence the transfer from the designated fund is to keep the balance at this level each year.
Salaries (Awards for All) - funding from National Lottery Community Fund towards salary.
Page 17
Company registration number: 05956771 Charity registration number: 1119588
Our Centre
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2022
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Our Centre
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 to 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
Our Centre
Reference and Administrative Details
Trustees Paul Williamson, Chair Helen Williamson, Vice Chair Pauline Stojanovic, Treasurer Rob Barker Christina Rowe Alberto Rovida John Knight Charity Registration Number 1119588 Company Registration Number 05956771 Registered Office 6 Pond Street Kirkby-in-Ashfield Nottinghamshire NG17 7AH Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
Our Centre
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Paul Williamson, Chair Helen Williamson, Vice Chair Pauline Stojanovic, Treasurer Rob Barker Christina Rowe Alberto Rovida John Knight (appointed 19 January 2022)
Norma Severn (resigned 16 March 2022)
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 5 October 2006. 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
Vacant positions are advertised on the Our Centre website, the Our Centre newsletter, local radio, in community centres, libraries and on social media. All applications are presented at a Trustee Meeting with their proposals and this is followed up with an induction meeting and training if appropriate.
Objectives and activities
Objects and aims
To support Kirkby-in-Ashfield and the wider community with services to aid healthier, independent lifestyles and ease isolation, financial hardship and well-being.
Public benefit
Community transport via fully accessible minibuses and a voluntary car scheme, volunteer recruitment and support, wheelchair hire, walking groups, chair based exercise groups, self help groups, social groups, recycling of clothes and other household items, shopper services and resource centre.
These activities increase skills and confidence, reduce isolation, enhance physical and emotional well-being and promote good mental health.
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.
Page 2
Our Centre
Trustees' Report
Achievements and performance
Fully opened up the centre post pandemic.
Started a new walking group for people with mobility problems, who couldn't cope with regular walking groups e.g those with walkers, wheelchairs, blind and partially sighted people.
Re-launched our Out & About trips.
Celebrated 40 years of Kirkby Volunteer Centre/Our Centre by holding a successful event and opening our charity shop 'Glad Rags'.
Replaced 2 of our old minibuses (sold in 2020) with a newer one.
Trained a volunteer so they are able to deliver Chair Based exercise classes as an instructor.
Recruited 2 new volunteer minibus drivers.
Financial review
Currently our financial position remains stable due to support from funders and through business grants.
Policy on reserves
The Trustees have established a reserves policy to ensure that adequate funding be kept in reserve in the event that Our Centre ceases to be viable. The level of reserves is reviewed annually and adjusted appropriately by the management committee. The charity currently has reserves to cover three months running costs.
Principal risks and uncertainties
Financial risks Loss of funding. Replacement of minibuses.
Acknowledgements
Special thanks to our funders, staff and volunteers and the community for supporting the work we do. Also thanks to CA Plus for the tremendous support provided.
Page 3
Our Centre
Trustees' Report
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Our Centre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies 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.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 18/7/22
----- Start of picture text -----
.........................................
----- End of picture text -----
......................................... Paul Williamson Trustee
Page 4
Our Centre
Independent Examiner's Report to the trustees of Our Centre
Independent examiner’s report to the trustees of Our Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.
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
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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
-
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.
......................................
John O'Brien MSc, 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
19/07/2022 Date:.............................
Page 5
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2022 (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 Other income 6 Total Income Expenditure on: Charitable activities 7 Total Expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 20 |
Unrestricted £ 105,463 6,016 596 - 112,075 (92,511) (92,511) 19,564 (26,098) (6,534) 323,237 316,703 |
Restricted £ - 149,619 - - 149,619 (170,212) (170,212) (20,593) 26,098 5,505 18,856 24,361 |
Total 2022 £ 105,463 155,635 596 - 261,694 (262,723) (262,723) (1,029) - (1,029) 342,093 341,064 |
Total 2021 £ 205,946 109,322 814 2,000 |
|---|---|---|---|---|
| 318,082 | ||||
| (206,632) | ||||
| (206,632) | ||||
| 111,450 - |
||||
| 111,450 230,643 |
||||
| 342,093 |
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for the period is shown in note 20.
The notes on pages 9 to 17 form an integral part of these financial statements. Page 6
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2022 (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 Other income 6 Total Income Expenditure on: Charitable activities 7 Total Expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 20 |
Unrestricted £ 205,946 3,270 814 - 210,030 (140,223) (140,223) 69,807 39,905 109,712 213,525 323,237 |
Restricted £ - 106,052 - 2,000 108,052 (66,409) (66,409) 41,643 (39,905) 1,738 17,118 18,856 |
Total 2021 £ 205,946 109,322 814 2,000 |
|---|---|---|---|
| 318,082 | |||
| (206,632) | |||
| (206,632) | |||
| 111,450 - |
|||
| 111,450 230,643 |
|||
| 342,093 |
The notes on pages 9 to 17 form an integral part of these financial statements. Page 7
Our Centre
(Registration number: 05956771) Balance Sheet as at 31 March 2022
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand 15 Creditors: Amounts falling due within one year 16 Net current assets Net assets Funds of the charity: Restricted income funds Restricted funds 20 Unrestricted income funds Unrestricted funds Total funds 20 |
2022 £ 77,212 6,698 258,908 265,606 (1,754) 263,852 341,064 24,361 316,703 341,064 |
2021 £ 64,985 16,331 262,901 |
|---|---|---|
| 279,232 (2,124) |
||
| 277,108 | ||
| 342,093 | ||
| 18,856 323,237 |
||
| 342,093 |
For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their 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 Companies Act 2006.
The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 18/7/22 .................... and signed on their behalf by:
.........................................
Pauline Stojanovic Trustee
The notes on pages 9 to 17 form an integral part of these financial statements. Page 8
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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
Our Centre 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
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these 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.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
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 9
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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.
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, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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 on a straight line basis as follows:
| Asset class | Depreciation method and rate |
|---|---|
| Land & buildings | 3% |
| Fixtures & fittings | 10% |
| General equipment | 20% |
| IT equipment | 33.3% |
| Motor vehicles | 20% |
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 10
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
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.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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
| Donations and legacies; Donations from companies, trusts and similar proceeds Grants, including capital grants; Government grants |
Unrestricted funds General £ 19,235 86,228 105,463 |
Total 2022 £ 19,235 86,228 105,463 |
Total 2021 £ 28,740 177,206 |
|---|---|---|---|
| 205,946 |
Page 11
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
3 Income from charitable activities
| Unrestricted funds General £ Activities 1,193 General administration 650 Grants & donations - Wheelchair & room hire 459 Registration 2,031 Fundraising 433 GladRags sales 1,250 Transport fares & hire - Other revenue - 6,016 4 Grants & donations Nottinghamshire County Council Ashfield District Council Arnold Clark Community Fund Bassetlaw Action Centre Catch 22 Nottinghamshire J. N. Derbyshire Trust HMRC JRS Sundry grants & donations 5 Investment income Interest receivable and similar income; Interest receivable on bank deposits |
Restricted funds £ - 1,042 65,393 - 704 - - 82,480 - 149,619 Unrestricted funds £ 24,166 10,667 1,000 700 9,994 200 51,395 7,341 105,463 Unrestricted funds General £ 596 |
Total 2022 £ 1,193 1,692 65,393 459 2,735 433 1,250 82,480 - 155,635 Restricted funds £ 41,073 16,000 - 6,300 - 1,800 - 220 65,393 Total 2022 £ 596 |
Total 2021 £ - 20 83,666 1,941 670 87 - 22,341 597 |
|---|---|---|---|
| 109,322 | |||
| Total £ 65,239 26,667 1,000 7,000 9,994 2,000 51,395 7,561 |
|||
| 170,856 | |||
| Total 2021 £ 814 |
Page 12
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
| 6 Other income Gains on sale of tangible fixed assets for charity's own use |
Total 2022 £ - |
Total 2021 £ 2,000 |
|---|---|---|
7 Expenditure on charitable activities
| Activities & supplies Card machine & bank charges GladRags shop costs Cleaning Depreciation Subscriptions Hospitality IT software & consumables Training Legal & professional Insurance Payroll service Premises maintenance Equipment, repairs & renewals Rent, room hire & utilities Printing, stationery & postage Telephone & internet Vehicle running costs & insurance Volunteer expenses Wages, NI & pension |
Unrestricted funds General £ 676 43 160 43 2,855 - 1,259 259 228 129 788 315 422 20 273 126 210 - 163 84,542 92,511 |
Restricted funds £ 217 174 - 269 13,509 335 602 294 - 1,268 - 1,061 2,099 31 1,744 949 1,889 40,838 4,522 100,411 170,212 |
Total 2022 £ 893 217 160 312 16,364 335 1,861 553 228 1,397 788 1,376 2,521 51 2,017 1,075 2,099 40,838 4,685 184,953 262,723 |
Total 2021 £ 524 930 - 341 13,639 215 26 1,515 - 1,291 1,888 1,550 167 30 1,381 1,111 1,751 15,605 3,281 161,387 |
|---|---|---|---|---|
| 206,632 |
8 Net incoming/outgoing resources
Net (outgoing)/incoming resources for the year include:
| Depreciation of fixed assets | 2022 £ 16,364 16,364 |
2021 £ 13,639 |
|---|---|---|
| 13,639 |
Page 13
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
9 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2022 £ 175,481 6,632 2,840 184,953 |
2021 £ 154,915 4,100 2,372 |
|---|---|---|
| 161,387 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2022 No 11 |
2021 No 12 |
|---|---|---|
8 (2021 - 9) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £2,840 (2021 - £2,372).
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 £36,683 (2021 - £31,413).
10 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.
11 Related party transactions
There were no related party transactions in the year.
Page 14
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
12 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity’s independent examiner are analysed as follows:
| Independent examination Other financial services |
2022 £ 1,095 1,197 2,292 |
2021 £ 1,065 1,292 |
|---|---|---|
| 2,357 |
13 Tangible fixed assets
| Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 14 Debtors Trade debtors Other debtors |
Land and buildings £ 72,536 - 72,536 18,866 2,176 21,042 51,494 53,670 |
Fixtures & fittings £ 4,650 - 4,650 4,650 - 4,650 - - |
Motor vehicles £ 168,055 26,555 194,610 156,740 13,509 170,249 24,361 11,315 |
IT equipment £ 6,101 2,036 8,137 6,101 679 6,780 1,357 - |
IT equipment £ 6,101 2,036 8,137 6,101 679 6,780 1,357 - |
General equipment £ 15,932 - |
Total £ 267,274 28,591 295,865 202,289 16,364 218,653 77,212 64,985 2021 £ 1,993 14,338 |
|
|---|---|---|---|---|---|---|---|---|
| 15,932 | ||||||||
| 15,932 - |
||||||||
| 15,932 | ||||||||
| - | ||||||||
| - | ||||||||
| 2022 £ 2,698 4,000 6,698 |
||||||||
| 16,331 |
Page 15
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
15 Cash and cash equivalents
| Cash on hand Cash at bank 16 Creditors: amounts falling due within one year Trade creditors Other creditors Accruals |
2022 £ 312 258,596 258,908 2022 £ - 294 1,460 1,754 |
2021 £ 151 262,750 |
|---|---|---|
| 262,901 | ||
| 2021 £ 50 367 1,707 |
||
| 2,124 |
17 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.
18 Taxation
The charity is a registered charity and is therefore exempt from taxation.
19 Analysis of net assets between funds
Unrestricted
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
General £ Designated £ 52,851 - 128,192 137,414 (1,754) - 179,289 137,414 Unrestricted General £ Designated £ 53,670 - 108,179 163,512 (2,124) - 159,725 163,512 |
Restricted £ 24,361 - - 24,361 Restricted £ 11,315 7,541 - 18,856 |
2022 Total funds £ 77,212 265,606 (1,754) |
|---|---|---|---|
| 341,064 | |||
| 2021 Total funds £ 64,985 279,232 (2,124) |
|||
| 342,093 |
Page 16
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
20 Funds
| Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted funds Salaries (Awards for All) Transport fund Total restricted funds Total funds Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted Salaries (Awards for All) Transport fund Total restricted funds Total funds |
Balance at 1 April 2021 £ 159,725 163,512 323,237 7,541 11,315 18,856 342,093 Balance at 1 April 2020 £ 89,918 123,607 213,525 - 17,118 17,118 230,643 |
Incoming resources £ 112,075 - 112,075 - 149,619 149,619 261,694 Incoming resources £ 210,030 - 210,030 9,881 98,171 108,052 318,082 |
Resources expended £ (92,511) - (92,511) (7,541) (162,671) (170,212) (262,723) Resources expended £ (140,223) - (140,223) (2,340) (64,069) (66,409) (206,632) |
Transfers £ - (26,098) (26,098) - 26,098 26,098 - Transfers £ - 39,905 39,905 - (39,905) (39,905) - |
Balance at 31 March 2022 £ 179,289 137,414 |
|---|---|---|---|---|---|
| 316,703 | |||||
| - 24,361 |
|||||
| 24,361 | |||||
| 341,064 | |||||
| Balance at 31 March 2021 £ 159,725 163,512 |
|||||
| 323,237 | |||||
| 7,541 11,315 |
|||||
| 18,856 | |||||
| 342,093 |
The specific purposes for which the funds are to be applied are as follows:
Transport fund is the net book value of vehicles and hence the transfer from the designated fund is to keep the balance at this level each year.
Salaries (Awards for All) - funding from National Lottery Community Fund towards salary.
Page 17