Cosy Cuppa
Minibuses, Shoppers, Ring & Ride Cosy Mosey walking group Vehicles: 12 No of walkers: 46 Attendance : 107 Miles: 79,416 Trips : 11 Passenger boardings: 25,951 Big thanks to Ian, Jean , Sandra and Gary for Group Members: 78 expertly arranging , delivering and caring for Individual Members: 642 our cosy moseyers . If you can’t keep up Transport to meet individual with everyday walkers, Cosy Mosey is for needs you.
Many thanks to Jane Pollard for facilitating these meetings and to Wendy Scott and Glenys Sage for making the refreshments/washing pots etc. A lovely social group for people at risk of isolation and in need of good company.
Sessions: 46 Attendance: 920
Funding and Donatons received from: Caring Codgers Nottinghamshire County Council, Ashfield District Council, Awards For Helping to reduce isolation in Ashfield All, Cllrs Andy Meakin, Chris Huskinson, Jason Zadrozny, The Major Oak amongst older people with mobility Pop Choir and many individuals and group members of Our Centre. problems.
Sessions: 24 Attendance: 230
Staf members: Matt Pike, Elden Skinner, Jay Osmond, Ian Craske, Jen Hannant, John Blount, Lindsay Craske, Alan Anderson, Adrian Rowe, Thank you to Eileen Lawrence, Betty Paddy Ryan, Bill Corkhill, Debbie Beck, Michael Timmins and Bostock and Iris Topley for your support and organisation. Angie Peppard.
Voluntary Car Scheme Wheelchair Hire More 2 Life Weekly chair based exercise sessions at Our Miles covered: 62,967 Number of hirings: 122 Centre followed by refreshments. Journeys: 5,995 These are hired for a day/ Sessions: 86 weekend/week/month, for all Trips: 6,732 Attendance: 1,164 sorts of reasons from health
Thank you to all or wonderful Helen, Pauline and Kathleen have developed appointments, holidays,
volunteer car drivers for giving back these fast growing groups with love and weddings and long term
to the community with your time kindness and we couldn’t ask for more. sickness. and commitment .
Volunteers: Jane Pollard, Sandra Shooter, Chris Rowe, John Bower, Dave Millard, Paul Glad Rags Williamson, John Dove, Andy Jones, Don Ward, Glen Smith, Rob Barker, Eileen Ryan, Charity shop only made Helen Williamson, Gill Welch, Eileen Lawrence, Mike Burn, Betty Bostock, Iris Topley, possible through our team of Dave Rothery, Pauline Stojanovic, Alberto Rovida, Jean Toseland, Anne Morecroft, volunteers. Thank you to Jean, John Turner, Gary Chauntry, Geoff Ware, Alan Kelly, Jayne Harwood, Chloe Smith, Peter Bird, Jeff Thomas, Lexey Smith, Jean Craske, Libby Waterfield, Margaret Smith, Margaret, Ann, Denise, Janice, Dave Bramwell, Glenys Sage, Wendy Scott, Andy Jones, John Faulkner, Denise Barker, Glenys, Chris, Libby, Martin, Susan Burn, Jim Tobias, Kevin Skinner, Jim Williams, Kathleen Foote, Janice Bostock, Chloe and Lexey. Well done all Ann Schofield, Audrey Barnes, Reg Dunn and last but not least Sally Anne Kent. of you.
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. Tel: 01623 753192 Email: ourcentre@hotmail.co.uk Website: www.ourcentre.org.uk Registered charity no: 1119588 Company No: 5956771 Facebook: Ourcentre.Centre.3
Report by the Chair of Trustees
As I write a message for this annual report it gives me the opportunity to sit back and reflect on the events of yet another successful year at Our Centre. The aspects that I enjoy most are wide and varied. When I am asked what Our Centre is about, I always surprise myself and listeners at the range of different activities in which we are involved. At the end of last year, we held our annual Christmas Concert when many of the staff and volunteers at Our Centre stood up, dressed up and acted up as famous British singers from Eurovision to a musical and choreographed background set up jointly by Matt Pike and Elden Skinner. The concert was held at Newstead Miners' Welfare, a new venue for us. It proved to be a huge success and is testimony to the many who put the show together. I am already looking forward to next year's performance. During the last year we have had several staff changes and I want to say thank you to Jay and Bill for all the hard miles they put into their jobs here. I also wish to offer a warm and welcoming 'hello' to Michael and Debbie. A special welcome is given to Lindsay, our delightful front of office lady, who performs many tasks throughout her work hours, giving the rest of the team a chance to get on with the increasing number of calls from our members. I must thank Paddy too of course who makes sure that I and others are kept busy with his scheduled list of driving jobs. Perhaps the biggest achievement of our year has been the procurement of new premises for our charity shop, Glad Rags. This creates more room for us at Our Centre and gives a dedicated, larger space for our charity shop which is located on Portland Street. If you have not yet visited the new shop do have a look and grab yourself a bargain where you will be sure of a warm welcome by our volunteers who give up their time to make this venture a success. I must thank students and staff from West Notts College who have done a fantastic job painting and decorating the interior of the shop. It only remains for me to say a great big thank you to our ~~wonderful manager here, ANGIE, whose hard work and~~ perseverance makes this charity something we can all be proud of!
Board of Trustees
Chairperson: Mr Paul Williamson Vice Chair: Mrs Helen Williamson Treasurer: Mrs Pauline Stojanovic Trustees: Mr Alberto Rovido Ms Christina Rowe Mr Rob Barker
Mr John Knight
Cllr Warren Nuttall - ADC representative
Mrs Gillian Welch - Community Engagement Officer Appointed Examiner of Accounts: Community Accounting Plus
----- Start of picture text -----
Glad Rags ……. from this
……. to this
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Paul Williamson, Chair of Trustees
MANAGER’S REPORT
What a fast-paced year this has been! We have galloped bareback through the months, holding on for all we are worth. This year has been shaped by a deluge of referrals from social prescribers, drivers on long term sick leave, clapped out buses and for the 42[nd] year running –no support or funding from the NHS. We have also lost much loved members in Kath Croson and Betty Bostock and on a personal note, it’s been a very tough year. Despite all this, I count myself as incredibly fortunate to be part of this unique, exciting, passionate and thoughtful squad of staff, volunteers and trustees and proud to call them friends.
The long-term sick leave has been genuine; it is what it is and you have to work with it as best you can. With that in mind I thank John Blount, Ian Craske, Ade Rowe, Jay Osmond and Elden Skinner for working tirelessly to ensure that we didn’t let anyone down, and they really stepped up to the plate … and all without moaning [well almost all ] We also welcome back Dave Bramwell.
Paddy has really come into his own this year, taken the car scheme by the scruff of the neck and run with it. His relationship with the volunteers is really good because he understands what a huge difference they make, and they respect him for that. His jokes, however are still awful.
Seated exercise classes are thriving due to the commitment of Helen and Pauline [Kathleen also contributed for a while but has since left] The classes are full of fun, good humour and some decent music, oh yes and exercise. Seriously though the feedback is conclusive, it does improve mental and physical health.
Our ‘walking’ group, Cosy Mosey, is very popular, Ian is very thorough with his preparation and risk assessments, ensuring anyone can participate. We have blind moseyers, wheelchair moseyers, walker and stick moseyers and of course walk leader moseyers. Thank you, Ian, Jean, Sandra and Gary.
If everyone attended Cosy Cuppa on the same day, we wouldn’t get them all in – a great social group which welcomes and transforms the lives of lonely people for the better. Sally Anne, who we all know and love, enjoys showing off her weight loss certificates to this group and they always respond with a huge cheer and round of applause..
The ongoing funding, we receive from Ashfield District and Nottinghamshire County Councils is very precious to us, I don’t like to think about how much our community would hurt without it. Thankfully, we have Gill Welch and Cllr Warrren Nuttall fighting our corner plus some other local councillors.
Glad Rags is our big achievement this year – premises bought outright with our hard-earned savings. Endless donations have provided us with a well-stocked shop and wonderful volunteers have enabled it to open every weekday. To Jean, Denise, Chris, Sandra, Janice, Libby, Ann, Glenys, Chloe, Lexey and Margaret, thank you all so much.
Matt and Elden, two very different characters who work equally hard with very different roles. Working hard doesn’t really justify what they do and I can’t explain it in such a short space. What I can say is that without them, the centre would be a shambles; there would be no working buses, no insurance/tax/MOT, no job sheets, no salaries, no volunteer expenses, no training, no DIY, no bus database and no-one for me to ask to do all these things. I don’t think I tell them enough how important they are so I’m telling you now. Thank you.
I can’t finish without mentioning Lindsay, our newest office worker. She has bought shedloads of chaos and disorder into this office, the likes of which we’ve never seen before – she’s scatty, forgetful, anxious, awkward, naïve and insecure. Are we glad she’s here? Absolutely we are, she’s battling her own demons bravely and we love her for her perseverance and determination to do well. She turns up, tries hard, is caring, willing and flexible and has improved so much in the short time she’s been here and she’s funny, always a bonus.
QuickBooks information inputted and coordinated exceptionally well by Matt Pike
This centre revolves around love, love of our community, the people within it and love of each other - it’s very precious to those who use it, so please keep it safe. Thank you. Angie
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 2023
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 18 |
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 2023.
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
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 a charity shop.
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 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.
Bought a second premise for our Glad Rags charity shop.
Financial review
Currently our financial position remains stable due to support from funders and generating our own income from fares and membership.
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 Responslbiiities The irnsiee5 Iwho are also the di¥eciors of Our C¢t)ire for the pur5¢5 of company lawl are responsible for prepaTing the tnLStees' report and Ihe finallcial Statemen in accordance wilh applicable law and United Kingdom Accountin¥ Standards Iuniled Kingdotn Generally A¢¢epied Accounting Practicel. including FRS 102 "The Financial ReportiD¥ Sthndard applicable in the UK and Republi¢ of IrelaThd" The report and accounts have been prepared in accordance wilh the provisions in the Companies Aci 2(M>6 relaiiDg to small companies. Company law requires the tswstees to preparc financial statCTnents for each financial year. Under Company law the Injslees musl not approve the financial sth¢emenis UDIcs5 ihey are satisfied thai th¢y give a true and fair view of the state of affairs of the chariiable rnpanY and of the incoming re50ur¢es and applicarion ol resources. itlcluding 1¢$ m¢ome al expenditure. of the charitable company for thai period. In preparing these fitt8ncial statements, the Insiees are required to.. se1( suitable accounting policie$ and apply ihem consisienily- observe the methods and principles in the Ch&ritie5 SORP- make judgements a¢id ¢siÈmates ihat are reasonable and pnthnl: state whether applicable accouniing Stsndards. comprisin8 FRS 102 have been followed. subject to arty material departures disc105cd and explained in ihe financÉal slatements: and prepare thc financial sratements the con¢ern basis unless li is inappropriatc 10 presume that the charitable compuny will continue in business. The INsiees are responsible for keepin8 proper attouniing r¢¢ords thai can dÈsclose with reasonBbl¢ accuracy at arty lime the financial pojiiion of the ehari14Lble company and enjble them lo ensure ihll¢ the financial siatem¢nls comply with the Companies Aci 2006. They are also responsible for safe8uardin8 the asseis of ¢he chariiable Company and bence for taking rcasonable s*ps for th¢ prevention and dekciion offraud llnd other irre8ularilies. The Irustees are responsible for thc maintenance And ini¢griry of the corporate and finan¢i81 infomiation incliidcd on the ¢hariigble compaThy's websiic. Lc8islalion governiag the prepardtion and dissemin81ion of rjnancial statemethts may differ from le8is14tion in other jurisdiciions. SMBII comp8nle5 provlslon stlttment Thi5 rcporl has been prepared in accordaTh¢¢ with the srnall ¢ompanies regime under thc Companies Act 2(H)6. 24K17r23 The annual report wa5 approved by the tru$te¢s of the charity on................. . and signed on its behalf by.. Paul Williamson Trust¢¢ Page 4
Our Centre
Independent Examiner's Report to the trustees of Our Centre ('the Company')
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 2023.
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, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:............................. 24/07/2023
Page 5
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2023 (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 Other trading activities 5 Investment income 6 Other income 7 Total Income Expenditure on: Charitable activities 8 Total Expenditure Net (expenditure)/income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 21 |
Unrestricted £ 9,531 7,851 4,820 1,591 338 24,131 (61,319) (61,319) (37,188) (19,509) (56,697) 316,703 260,006 |
Restricted £ - 238,066 - - - 238,066 (234,386) (234,386) 3,680 19,509 23,189 24,361 47,550 |
Total 2023 £ 9,531 245,917 4,820 1,591 338 262,197 (295,705) (295,705) (33,508) - (33,508) 341,064 307,556 |
Total 2022 £ 105,463 153,952 1,683 596 - |
|---|---|---|---|---|
| 261,694 | ||||
| (262,723) | ||||
| (262,723) | ||||
| (1,029) - |
||||
| (1,029) 342,093 |
||||
| 341,064 |
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 21.
The notes on pages 9 to 18 form an integral part of these financial statements. Page 6
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2023 (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 Other trading activities 5 Investment income 6 Total Income Expenditure on: Charitable activities 8 Total Expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 21 |
Unrestricted £ 105,463 4,333 1,683 596 112,075 (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 £ 105,463 153,952 1,683 596 |
|---|---|---|---|
| 261,694 | |||
| (262,723) | |||
| (262,723) | |||
| (1,029) - |
|||
| (1,029) 342,093 |
|||
| 341,064 |
The notes on pages 9 to 18 form an integral part of these financial statements. Page 7
Our Centre {RegistrgtioD nutllber: 05956771) Bal¥nce Sheel as at 31 March 2023 2112J 2022 Note Fixed assets Tangible a5&ets 14 201.982 77.212 Current a$set$ Debtors Cash al bank and in hand 15 16 2.606 105.572 6.698 258.908 108.178 265.606 Credltors: Amounts falllni dye wlthln on¢ y¢r 17 2.604 1.7541 Net Current Assets 105.574 263.852 Ntt #tsets 307.556 341.064 Furtds of the ¢hrlty: Restrtcted In¢om¢ funds Restricied funds 21 47.550 24.361 Unre5trlcted Income funds Unr¢stri¢ied funits 260,006 316.703 Total funds 307.556 341.064 For the financial year ending 31 M4Lrch 2023 the charily was etttitled ro exemption from audit under section 477 of the Compnies A¢¢ 2006 relating LO small Companies. Directors, responsibilities.. Thc members have noi required the chlty LO obtsin an audii of its accounts for the ye•r in question in accordance with 5e¢tioTh 476. and The dire¢iors a¢knowledge their respoThsibilili¢s for complyin8 with the ulements of ih¢ Act with respect to A¢coutLlin¥ records And the preparaiion of a¢¢ounts. These financial statem¢nls have been prepared in accordance with the spttial Provisions r¢latin8 to compatLieS 5ubjeci to the $m811 ¢omponi¢s Tegime within Part 15 of the Companics Act 2006. The financial 5tat¢fftents on pag¢5 6 to 18 were apprDved by the trustees. and authorised for issu¢ on 24107123 nd signed on Ilieir behalf by.. Pauline Trustee ojanovi¢ The notes oll pages 9 to 18 lonn integral part of thes¢ financial statements. Page 8
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
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 early 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 2023
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 2023
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.
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 £ 6,781 2,750 9,531 |
Total 2023 £ 6,781 2,750 9,531 |
Total 2022 £ 19,235 86,228 |
|---|---|---|---|
| 105,463 |
3 Income from charitable activities
| Activities General administration Grants & donations Wheelchair & room hire Registration Transport fares & hire |
Unrestricted funds General £ 3,862 40 - 448 3,501 - 7,851 |
Restricted funds £ - 2,887 80,150 - 1,220 153,809 238,066 |
Total 2023 £ 3,862 2,927 80,150 448 4,721 153,809 245,917 |
Total 2022 £ 1,193 1,692 65,393 459 2,735 82,480 |
|---|---|---|---|---|
| 153,952 |
Page 11
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
| 4 Grants & donations Nottinghamshire County Council Ashfield District Council Arnold Clark Community Fund National Lottery Community Fund Dave Hartley Fund Active Partners Trust The Thomas Farr Charity Sundry grants & donations 5 Income from other trading activities Trading income; Sale of donated goods (Glad Rags shop) Fundraising 6 Investment income Interest receivable and similar income; Interest receivable on bank deposits 7 Other income Rental income |
Unrestricted funds £ 2,750 - - - 250 3,222 1,400 1,909 9,531 Unrestricted funds General £ 4,434 386 4,820 Unrestricted funds General £ 1,591 Unrestricted General £ 338 |
Restricted funds £ 52,250 16,000 2,000 9,900 - - - - 80,150 Total funds £ 4,434 386 4,820 Total 2023 £ 1,591 Total 2023 £ 338 |
Total £ 55,000 16,000 2,000 9,900 250 3,222 1,400 1,909 |
|---|---|---|---|
| 89,681 | |||
| Total 2022 £ 1,250 433 |
|||
| 1,683 | |||
| Total 2022 £ 596 |
|||
| Total 2022 £ - |
Page 12
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
8 Expenditure on charitable activities
| Activities & supplies Card machine & bank charges Glad Rags 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 £ 405 182 - 70 6,663 - 607 31 228 200 909 128 62 - 524 115 203 - 1,125 49,867 61,319 |
Restricted funds £ 277 1,150 - 564 11,694 - 1,877 276 - 1,371 - 1,073 404 640 1,562 1,042 1,717 55,463 5,513 149,763 234,386 |
Total 2023 £ 682 1,332 - 634 18,357 - 2,484 307 228 1,571 909 1,201 466 640 2,086 1,157 1,920 55,463 6,638 199,630 295,705 |
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 |
9 Net incoming/outgoing resources
Net outgoing resources for the year include:
| Depreciation of fixed assets | 2023 £ 18,357 18,357 |
2022 £ 16,364 |
|---|---|---|
| 16,364 |
Page 13
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
10 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2023 £ 188,048 8,304 3,278 199,630 |
2022 £ 175,481 6,632 2,840 |
|---|---|---|
| 184,953 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2023 No 11 |
2022 No 11 |
|---|---|---|
9 (2022 - 8) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £3,278 (2022 - £2,840).
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 £39,533 (2022 - £36,683).
11 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.
12 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 2023
13 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 |
2023 £ 1,145 1,001 2,146 |
2022 £ 1,095 1,197 |
|---|---|---|
| 2,292 |
14 Tangible fixed assets
| Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 15 Debtors Trade debtors Other debtors |
Land and buildings £ 72,536 114,548 187,084 21,042 5,612 26,654 160,430 51,494 |
Fixtures & fittings £ 4,650 - 4,650 4,650 - 4,650 - - |
Motor vehicles £ 194,610 26,719 221,329 170,249 11,694 181,943 39,386 24,361 |
IT equipment £ 8,137 - 8,137 6,780 679 7,459 678 1,357 |
IT equipment £ 8,137 - 8,137 6,780 679 7,459 678 1,357 |
General equipment £ 15,932 1,860 |
Total £ 295,865 143,127 438,992 218,653 18,357 237,010 201,982 77,212 2022 £ 2,698 4,000 |
|
|---|---|---|---|---|---|---|---|---|
| 17,792 | ||||||||
| 15,932 372 |
||||||||
| 16,304 | ||||||||
| 1,488 | ||||||||
| - | ||||||||
| 2023 £ 2,606 - 2,606 |
||||||||
| 6,698 |
Page 15
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
16 Cash and cash equivalents
| Cash on hand Cash at bank |
2023 £ 2,220 103,352 105,572 |
2022 £ 312 258,596 |
|---|---|---|
| 258,908 |
17 Creditors: amounts falling due within one year
| 17 Creditors: amounts falling due within one year | ||
|---|---|---|
| Other creditors Accruals |
2023 £ 304 2,300 2,604 |
2022 £ 294 1,460 |
| 1,754 |
18 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.
19 Taxation
The charity is a registered charity and is therefore exempt from taxation.
20 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 £ 162,596 - 96,657 3,357 (2,604) - 256,649 3,357 Unrestricted General £ Designated £ 52,851 - 128,192 137,414 (1,754) - 179,289 137,414 |
Restricted £ 39,386 8,164 - 47,550 Restricted £ 24,361 - - 24,361 |
2023 Total funds £ 201,982 108,178 (2,604) |
|---|---|---|---|
| 307,556 | |||
| 2022 Total funds £ 77,212 265,606 (1,754) |
|||
| 341,064 |
Page 16
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
21 Funds
| 21 Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted funds Transport fund Salary (Lottery) Total restricted funds Total funds |
Balance at 1 April 2022 £ 179,289 137,414 316,703 24,361 - 24,361 341,064 |
Incoming resources £ 24,131 - 24,131 228,166 9,900 238,066 262,197 |
Resources expended £ (61,319) - (61,319) (232,650) (1,736) (234,386) (295,705) |
Transfers £ 114,548 (134,057) (19,509) 19,509 - 19,509 - |
Balance at 31 March 2023 £ 256,649 3,357 |
| 260,006 | |||||
| 39,386 8,164 |
|||||
| 47,550 | |||||
| 307,556 |
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 (£19,509) from the designated fund is to keep the balance at this level each year.
Salary (Lottery) - funding from National Lottery Community Fund towards the receptionist's salary.
The transfer from the Building & Vehicle fund to the General fund (£114,548) represents the purchase of a property.
Page 17
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
These are the figures for the previous accounting period and are included for comparative purposes
| 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 |
Incoming resources £ 112,075 - 112,075 - 149,619 149,619 261,694 |
Resources expended £ (92,511) - (92,511) (7,541) (162,671) (170,212) (262,723) |
Transfers £ - (26,098) (26,098) - 26,098 26,098 - |
Balance at 31 March 2022 £ 179,289 137,414 |
|---|---|---|---|---|---|
| 316,703 | |||||
| - 24,361 |
|||||
| 24,361 | |||||
| 341,064 |
Page 18
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 2023
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 18 |
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 2023.
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
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 a charity shop.
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 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.
Bought a second premise for our Glad Rags charity shop.
Financial review
Currently our financial position remains stable due to support from funders and generating our own income from fares and membership.
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 Responslbiiities The irnsiee5 Iwho are also the di¥eciors of Our C¢t)ire for the pur5¢5 of company lawl are responsible for prepaTing the tnLStees' report and Ihe finallcial Statemen in accordance wilh applicable law and United Kingdom Accountin¥ Standards Iuniled Kingdotn Generally A¢¢epied Accounting Practicel. including FRS 102 "The Financial ReportiD¥ Sthndard applicable in the UK and Republi¢ of IrelaThd" The report and accounts have been prepared in accordance wilh the provisions in the Companies Aci 2(M>6 relaiiDg to small companies. Company law requires the tswstees to preparc financial statCTnents for each financial year. Under Company law the Injslees musl not approve the financial sth¢emenis UDIcs5 ihey are satisfied thai th¢y give a true and fair view of the state of affairs of the chariiable rnpanY and of the incoming re50ur¢es and applicarion ol resources. itlcluding 1¢$ m¢ome al expenditure. of the charitable company for thai period. In preparing these fitt8ncial statements, the Insiees are required to.. se1( suitable accounting policie$ and apply ihem consisienily- observe the methods and principles in the Ch&ritie5 SORP- make judgements a¢id ¢siÈmates ihat are reasonable and pnthnl: state whether applicable accouniing Stsndards. comprisin8 FRS 102 have been followed. subject to arty material departures disc105cd and explained in ihe financÉal slatements: and prepare thc financial sratements the con¢ern basis unless li is inappropriatc 10 presume that the charitable compuny will continue in business. The INsiees are responsible for keepin8 proper attouniing r¢¢ords thai can dÈsclose with reasonBbl¢ accuracy at arty lime the financial pojiiion of the ehari14Lble company and enjble them lo ensure ihll¢ the financial siatem¢nls comply with the Companies Aci 2006. They are also responsible for safe8uardin8 the asseis of ¢he chariiable Company and bence for taking rcasonable s*ps for th¢ prevention and dekciion offraud llnd other irre8ularilies. The Irustees are responsible for thc maintenance And ini¢griry of the corporate and finan¢i81 infomiation incliidcd on the ¢hariigble compaThy's websiic. Lc8islalion governiag the prepardtion and dissemin81ion of rjnancial statemethts may differ from le8is14tion in other jurisdiciions. SMBII comp8nle5 provlslon stlttment Thi5 rcporl has been prepared in accordaTh¢¢ with the srnall ¢ompanies regime under thc Companies Act 2(H)6. 24K17r23 The annual report wa5 approved by the tru$te¢s of the charity on................. . and signed on its behalf by.. Paul Williamson Trust¢¢ Page 4
Our Centre
Independent Examiner's Report to the trustees of Our Centre ('the Company')
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 2023.
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, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:............................. 24/07/2023
Page 5
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2023 (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 Other trading activities 5 Investment income 6 Other income 7 Total Income Expenditure on: Charitable activities 8 Total Expenditure Net (expenditure)/income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 21 |
Unrestricted £ 9,531 7,851 4,820 1,591 338 24,131 (61,319) (61,319) (37,188) (19,509) (56,697) 316,703 260,006 |
Restricted £ - 238,066 - - - 238,066 (234,386) (234,386) 3,680 19,509 23,189 24,361 47,550 |
Total 2023 £ 9,531 245,917 4,820 1,591 338 262,197 (295,705) (295,705) (33,508) - (33,508) 341,064 307,556 |
Total 2022 £ 105,463 153,952 1,683 596 - |
|---|---|---|---|---|
| 261,694 | ||||
| (262,723) | ||||
| (262,723) | ||||
| (1,029) - |
||||
| (1,029) 342,093 |
||||
| 341,064 |
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 21.
The notes on pages 9 to 18 form an integral part of these financial statements. Page 6
Our Centre
Statement of Financial Activities for the Year Ended 31 March 2023 (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 Other trading activities 5 Investment income 6 Total Income Expenditure on: Charitable activities 8 Total Expenditure Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 21 |
Unrestricted £ 105,463 4,333 1,683 596 112,075 (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 £ 105,463 153,952 1,683 596 |
|---|---|---|---|
| 261,694 | |||
| (262,723) | |||
| (262,723) | |||
| (1,029) - |
|||
| (1,029) 342,093 |
|||
| 341,064 |
The notes on pages 9 to 18 form an integral part of these financial statements. Page 7
Our Centre {RegistrgtioD nutllber: 05956771) Bal¥nce Sheel as at 31 March 2023 2112J 2022 Note Fixed assets Tangible a5&ets 14 201.982 77.212 Current a$set$ Debtors Cash al bank and in hand 15 16 2.606 105.572 6.698 258.908 108.178 265.606 Credltors: Amounts falllni dye wlthln on¢ y¢r 17 2.604 1.7541 Net Current Assets 105.574 263.852 Ntt #tsets 307.556 341.064 Furtds of the ¢hrlty: Restrtcted In¢om¢ funds Restricied funds 21 47.550 24.361 Unre5trlcted Income funds Unr¢stri¢ied funits 260,006 316.703 Total funds 307.556 341.064 For the financial year ending 31 M4Lrch 2023 the charily was etttitled ro exemption from audit under section 477 of the Compnies A¢¢ 2006 relating LO small Companies. Directors, responsibilities.. Thc members have noi required the chlty LO obtsin an audii of its accounts for the ye•r in question in accordance with 5e¢tioTh 476. and The dire¢iors a¢knowledge their respoThsibilili¢s for complyin8 with the ulements of ih¢ Act with respect to A¢coutLlin¥ records And the preparaiion of a¢¢ounts. These financial statem¢nls have been prepared in accordance with the spttial Provisions r¢latin8 to compatLieS 5ubjeci to the $m811 ¢omponi¢s Tegime within Part 15 of the Companics Act 2006. The financial 5tat¢fftents on pag¢5 6 to 18 were apprDved by the trustees. and authorised for issu¢ on 24107123 nd signed on Ilieir behalf by.. Pauline Trustee ojanovi¢ The notes oll pages 9 to 18 lonn integral part of thes¢ financial statements. Page 8
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
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 early 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 2023
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 2023
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.
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 £ 6,781 2,750 9,531 |
Total 2023 £ 6,781 2,750 9,531 |
Total 2022 £ 19,235 86,228 |
|---|---|---|---|
| 105,463 |
3 Income from charitable activities
| Activities General administration Grants & donations Wheelchair & room hire Registration Transport fares & hire |
Unrestricted funds General £ 3,862 40 - 448 3,501 - 7,851 |
Restricted funds £ - 2,887 80,150 - 1,220 153,809 238,066 |
Total 2023 £ 3,862 2,927 80,150 448 4,721 153,809 245,917 |
Total 2022 £ 1,193 1,692 65,393 459 2,735 82,480 |
|---|---|---|---|---|
| 153,952 |
Page 11
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
| 4 Grants & donations Nottinghamshire County Council Ashfield District Council Arnold Clark Community Fund National Lottery Community Fund Dave Hartley Fund Active Partners Trust The Thomas Farr Charity Sundry grants & donations 5 Income from other trading activities Trading income; Sale of donated goods (Glad Rags shop) Fundraising 6 Investment income Interest receivable and similar income; Interest receivable on bank deposits 7 Other income Rental income |
Unrestricted funds £ 2,750 - - - 250 3,222 1,400 1,909 9,531 Unrestricted funds General £ 4,434 386 4,820 Unrestricted funds General £ 1,591 Unrestricted General £ 338 |
Restricted funds £ 52,250 16,000 2,000 9,900 - - - - 80,150 Total funds £ 4,434 386 4,820 Total 2023 £ 1,591 Total 2023 £ 338 |
Total £ 55,000 16,000 2,000 9,900 250 3,222 1,400 1,909 |
|---|---|---|---|
| 89,681 | |||
| Total 2022 £ 1,250 433 |
|||
| 1,683 | |||
| Total 2022 £ 596 |
|||
| Total 2022 £ - |
Page 12
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
8 Expenditure on charitable activities
| Activities & supplies Card machine & bank charges Glad Rags 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 £ 405 182 - 70 6,663 - 607 31 228 200 909 128 62 - 524 115 203 - 1,125 49,867 61,319 |
Restricted funds £ 277 1,150 - 564 11,694 - 1,877 276 - 1,371 - 1,073 404 640 1,562 1,042 1,717 55,463 5,513 149,763 234,386 |
Total 2023 £ 682 1,332 - 634 18,357 - 2,484 307 228 1,571 909 1,201 466 640 2,086 1,157 1,920 55,463 6,638 199,630 295,705 |
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 |
9 Net incoming/outgoing resources
Net outgoing resources for the year include:
| Depreciation of fixed assets | 2023 £ 18,357 18,357 |
2022 £ 16,364 |
|---|---|---|
| 16,364 |
Page 13
Our Centre
Notes to the Financial Statements for the Year Ended 31 March 2023
10 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Social security costs Pension costs |
2023 £ 188,048 8,304 3,278 199,630 |
2022 £ 175,481 6,632 2,840 |
|---|---|---|
| 184,953 |
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
| Average number of employees | 2023 No 11 |
2022 No 11 |
|---|---|---|
9 (2022 - 8) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £3,278 (2022 - £2,840).
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 £39,533 (2022 - £36,683).
11 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.
12 Related party transactions
There were no related party transactions in the year.
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Notes to the Financial Statements for the Year Ended 31 March 2023
13 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 |
2023 £ 1,145 1,001 2,146 |
2022 £ 1,095 1,197 |
|---|---|---|
| 2,292 |
14 Tangible fixed assets
| Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 15 Debtors Trade debtors Other debtors |
Land and buildings £ 72,536 114,548 187,084 21,042 5,612 26,654 160,430 51,494 |
Fixtures & fittings £ 4,650 - 4,650 4,650 - 4,650 - - |
Motor vehicles £ 194,610 26,719 221,329 170,249 11,694 181,943 39,386 24,361 |
IT equipment £ 8,137 - 8,137 6,780 679 7,459 678 1,357 |
IT equipment £ 8,137 - 8,137 6,780 679 7,459 678 1,357 |
General equipment £ 15,932 1,860 |
Total £ 295,865 143,127 438,992 218,653 18,357 237,010 201,982 77,212 2022 £ 2,698 4,000 |
|
|---|---|---|---|---|---|---|---|---|
| 17,792 | ||||||||
| 15,932 372 |
||||||||
| 16,304 | ||||||||
| 1,488 | ||||||||
| - | ||||||||
| 2023 £ 2,606 - 2,606 |
||||||||
| 6,698 |
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Notes to the Financial Statements for the Year Ended 31 March 2023
16 Cash and cash equivalents
| Cash on hand Cash at bank |
2023 £ 2,220 103,352 105,572 |
2022 £ 312 258,596 |
|---|---|---|
| 258,908 |
17 Creditors: amounts falling due within one year
| 17 Creditors: amounts falling due within one year | ||
|---|---|---|
| Other creditors Accruals |
2023 £ 304 2,300 2,604 |
2022 £ 294 1,460 |
| 1,754 |
18 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.
19 Taxation
The charity is a registered charity and is therefore exempt from taxation.
20 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 £ 162,596 - 96,657 3,357 (2,604) - 256,649 3,357 Unrestricted General £ Designated £ 52,851 - 128,192 137,414 (1,754) - 179,289 137,414 |
Restricted £ 39,386 8,164 - 47,550 Restricted £ 24,361 - - 24,361 |
2023 Total funds £ 201,982 108,178 (2,604) |
|---|---|---|---|
| 307,556 | |||
| 2022 Total funds £ 77,212 265,606 (1,754) |
|||
| 341,064 |
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Notes to the Financial Statements for the Year Ended 31 March 2023
21 Funds
| 21 Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General General fund Designated Building & Vehicle Funds Total unrestricted funds Restricted funds Transport fund Salary (Lottery) Total restricted funds Total funds |
Balance at 1 April 2022 £ 179,289 137,414 316,703 24,361 - 24,361 341,064 |
Incoming resources £ 24,131 - 24,131 228,166 9,900 238,066 262,197 |
Resources expended £ (61,319) - (61,319) (232,650) (1,736) (234,386) (295,705) |
Transfers £ 114,548 (134,057) (19,509) 19,509 - 19,509 - |
Balance at 31 March 2023 £ 256,649 3,357 |
| 260,006 | |||||
| 39,386 8,164 |
|||||
| 47,550 | |||||
| 307,556 |
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 (£19,509) from the designated fund is to keep the balance at this level each year.
Salary (Lottery) - funding from National Lottery Community Fund towards the receptionist's salary.
The transfer from the Building & Vehicle fund to the General fund (£114,548) represents the purchase of a property.
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Notes to the Financial Statements for the Year Ended 31 March 2023
These are the figures for the previous accounting period and are included for comparative purposes
| 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 |
Incoming resources £ 112,075 - 112,075 - 149,619 149,619 261,694 |
Resources expended £ (92,511) - (92,511) (7,541) (162,671) (170,212) (262,723) |
Transfers £ - (26,098) (26,098) - 26,098 26,098 - |
Balance at 31 March 2022 £ 179,289 137,414 |
|---|---|---|---|---|---|
| 316,703 | |||||
| - 24,361 |
|||||
| 24,361 | |||||
| 341,064 |
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