**COMPANY REGISTRATION NUMBER: 06465699 CHARITY REGISTRATION NUMBER: 1124135**
## **Horden Youth and Community Centre Company Limited by Guarantee Unaudited Financial Statements 31 December 2021**
## **CENSIS**
Chartered accountants Exchange Building 66 Church Street Hartlepool TS24 7DN
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 December 2021**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**6**|
|Statement of financial activities (including income and||
|expenditure account)|**8**|
|Statement of financial position|**9**|
|Statement of cash flows|**10**|
|Notes to the financial statements|**11**|
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 December 2021**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2021.
## **Reference and administrative details**
**Registered charity name** Horden Youth and Community Centre **Charity registration number** 1124135 **Company registration number** 06465699 **Principal office and registered** Eden Street **office** Horden Peterlee SR8 4LH Durham
## **The trustees**
## **Independent examiner**
Edna Connor Chair Mary Molyneux Secretary Kenneth Lincoln Vice Chairperson Stephen Hall Clark (Resigned 27 June 2022) Chas Stoddard Vice Treasurer Dorothy Welch Daree Hyde (Resigned 28 March 2022) Norman Bayles John Pond Mary Rutherford Brian James Lloyd (Appointed 28 March 2022) James Wilson (Appointed 31 March 2022) Censis Exchange Building 66 Church Street Hartlepool TS24 7DN
## **Structure, governance and management**
The organisation is a charitable company limited by guarantee, incorporated as a company on 17 January 2008 and registered as a charity on 19 May 2008. The company was established under a Memorandum of Association which was received to accommodate and clarify charitable status.
**1**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 December 2021**
## **Objectives and activities**
The charity's objects are :
- To promote the benefit of the inhabitants of Horden and the neighbourhood without distinction of sex or political, religious, or other opinions by associating the local authorities, voluntary organisations and the inhabitants in a common effort to advance education and provide faciliites in the interests of social welfare for the recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.
- To establish Horden Youth and Community Centre and to maintain and manage, or to cooperate with the statutory authority in the maintainance and management of such a centre for activities promoted by the charity and its constituent bodies.
## **Strategic report**
The following sections for achievements and performance and financial review form the strategic report of the charity.
**2**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 December 2021**
## **Achievements and performance**
After the confusion and chaos of 2020, 2021 started with…more of the same. A nationwide lockdown was in place from January to May, although the Nursery was able to open as normal and the Young Citizens were allowed to meet, albeit with very limited numbers. They continued their online and outside sessions as they had done during 2020. The dance also continued with strict protocols in place.
These protocols included doorbell entry only to the building; a one-way system for those who did come in; no-one allowed entry who did not need to be there - such as parents for Nursery, dance and Young Citizens, who dropped off their children at the front doors and then left; masks for those in the building; and hand-washing and sanitizing on a regular basis.
Management staff were furloughed again, getting a percentage of their wages from the government's Job Retention Scheme. The Nursery staff and Facilities Operative, however, worked as normal throughout the year.
Later in the lockdown period, the rules for furlough eased so that staff could return to work part time and be furloughed for the rest of their mandated hours, so the Centre staff began a strange mixture of furlough, and hybrid working - sometimes in the building, sometimes working from home. This allowed a considerable amount of administrative work to be carried out, although naturally there were no courses or activities open to the public. An exception to this was the Men in Sheds group, which was exempt from strict lockdown rules as a mental health peer support group.
Once lockdown was lifted on May 17th, the staff continued hybrid working to minimize contact. A third member of staff was taken on board: three days as part-time administrative work, primarily to increase fundraising activity, and one day as a coach for the Job Club, which was part of the Centre's priority opening to the public. Some groups returned - the OOOPS group, providing support for people with '- ostomies'; the clippy mat group (soon renamed Yarn and Yatter); and some adult training courses. These courses were very hit-and-miss as, although they were advertised, recruitment take up was very slow and as many courses were cancelled as started up. Naturally enough, it appeared that the general public of all ages were very wary of returning to "normal", however many safety protocols could be put in place.
In July, HYCC was able to hold its first Trustee Meeting of 2021.
It was only in August that some form of normality began to creep in to the day-to-day function of the Community Centre. More support groups returned, as did the art group and the FAB bingo ladies. The Credit Union reopened, as did the welfare rights advice sessions. We saw a huge rise in people needing help with filling in forms and in food parcel referrals, as well as the introduction of a new fuel voucher scheme for gas and electricity.
The major focus for the management and Trustees during this time was on the legal and administrative status of HYCC Nursery. Tensions which arose during 2020 were only
**3**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 December 2021**
## **Achievements and performance** _**(continued)**_
exacerbated in 2021 as historically, the Nursery had operated as an independent entity within the Centre, while being "under the umbrella" of the Charity. It had never been legally or officially determined what this term actually meant, and their independence and autonomy was firmly enforced by the then Chair (who was legally removed at the end of 2020 under S168 of the Companies Act) and, by default, the Board of Trustees. The Board were, and are, legally the Nursery's employers. In an attempt to to rectify the shortcomings and failings of the past and to act in a way that would prevent their trusteeship (and their role as employers) from being called into question, the Trustees took action.
A 3000-page document was submitted to LawWorks, as recommended by the Charity Commission, in order to confirm (or otherwise) the Nursery's status within the Charity.
The Nursery was held to be an equal part of the Charity with the Community Centre and therefore subject to all of the same rules, guidelines and responsibilities required by the Charity Commission and Company House. As a result much of the Nursery's autonomy was removed. In short, they had to legally account for their actions as an arm of The Charity.
The Nursery perceived these actions as being hostile, and interpreted them as bullying and harassment. This resulted in several grievances being submitted, investigated, and subsequently dismissed or only partially upheld. This, naturally, led to further accusations of bias.
While the ramifications of this situation were major, the necessity for dealing on a weekly, sometimes daily, basis with the basic administration involved in trying to get the Nursery to provide information took up more than 50% of the working hours of Centre staff. This led to a backlog in funding applications and other fundamental work of the Centre.
Although our bottom line seemed healthy at the end of December 2021, the Centre Management were fully aware that funding and the general financial position would become an urgent problem when Lottery funding came to an end in February 2022.
The beneficiary figures for the year are as follows:
|Young people:||
|---|---|
|Dance|150|
|Youth Club|50|
|Nursery|60|
|Birthday parties|100|
|Adults:||
|Training courses & education|32|
|Craft groups|25|
|Socialisation Groups|50|
|Computer drop-in|15|
|Job Club|20|
|Men in Sheds|20|
|Support Groups|40+|
**4**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 December 2021**
**Achievements and performance** _**(continued)**_
|Welfare:||
|---|---|
|Credit Union|30|
|Welfare support and advice|20|
|Food parcels and poverty|250|
## Total = 862 beneficiaries
In 2019, the last year for which we can provide fairly accurate figures, we estimated that we had helped and supported 1480 people. Now that most restrictions have been lifted and we source new providers, we hope levels will continue rising to pre-Covid levels by 2022. Additionally, public confidence in venturing into community buildings is growing, which will hopefully also improve our figures.
So, as we approach another year, we are keeping our fingers crossed that the management and administration situation can be resolved and that beneficiary figures will continue to improve. There are already several potential room bookings in the pipeline and we will be resuming the work of the Community Café in the new year. Additionally, the Young Citizens should be returning and we are confident that training courses will be much better attended once public confidence improves significantly.
We look forward to 2022 with some trepidation…but at least there should be no more national lockdowns for the foreseeable future!
## **Financial review**
The Community Centre generated an income of £319,729 and a net deficit of £28,587. Funders in 2021 included: National Lottery Community Fund, East Durham Trust; Believe Housing; Durham County Council; Tudor Trust and East Durham AAP.
The reserves of the charity at the year end amounted to £155,929. Unrestricted reserves amount to £136,813 with actual free reserves (i.e. Total reserves excluding fixed assets and designated funds) amounted to £118,463.
The trustees' annual report and the strategic report were approved on 22 September 2022 and signed on behalf of the board of trustees by:
Edna Connor Director
**5**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of Horden Youth and Community Centre**
## **Year ended 31 December 2021**
I report to the trustees on my examination of the financial statements of Horden Youth and Community Centre ('the charity') for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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 charity’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 of the Institute of Chartered Accountants in England and Wales (ICAEW), 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:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements 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).
**6**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
**Independent Examiner's Report to the Trustees of Horden Youth and Community Centre** _**(continued)**_
## **Year ended 31 December 2021**
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.
Censis Independent Examiner
Exchange Building 66 Church Street Hartlepool TS24 7DN
23 September 2022
**7**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 31 December 2021**
||||**2021**||2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|31,077|262,108|293,185|340,050|
|Charitable activities|**6**|8,016|18,523|26,539|18,138|
|Investment income|**7**|5|–|5|174|
|||||||
|**Total income**||39,098|280,631|319,729|358,362|
|||||||
|**Expenditure**||||||
|Expenditure on charitable activities|**8**|–|348,316|348,316|339,909|
|||||||
|**Total expenditure**||–|348,316|348,316|339,909|
|||||||
|||||||
|**Net (expenditure)/income**||39,098|(67,685)|(28,587)|18,453|
|||||||
|Transfers between funds||35,694|(35,694)|–|–|
|||||||
|**Net movement in funds**||74,792|(103,379)|(28,587)|18,453|
|**Reconciliation of funds**||||||
|Total funds brought forward||62,021|122,495|184,516|166,063|
|||||||
|**Total funds carried forward**||136,813|19,116|155,929|184,516|
|||||||
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 11 to 22 form part of these financial statements.**
**8**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Statement of Financial Position**
## **31 December 2021**
|||**2021**|2020|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**13**|18,350|25,794|
|**Current assets**||||
|Cash at bank and in hand||140,406|162,621|
|**Creditors: amounts falling due within one year**|**14**|2,827|3,899|
|||||
|**Net current assets**||137,579|158,722|
|||||
|**Total assets less current liabilities**||155,929|184,516|
|||||
|**Net assets**||155,929|184,516|
|||||
|**Funds of the charity**||||
|Restricted funds||19,116|122,495|
|Unrestricted funds||136,813|62,021|
|||||
|**Total charity funds**|**16**|155,929
|184,516
|
For the year ending 31 December 2021 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 company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 22 September 2022, and are signed on behalf of the board by:
Edna Connor Director
**The notes on pages 11 to 22 form part of these financial statements.**
**9**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Statement of Cash Flows**
## **Year ended 31 December 2021**
||**2021**|2020|
|---|---|---|
||**£**|£|
|**Cash flows from operating activities**|||
|Net (expenditure)/income|(28,587)|18,453|
|_Adjustments for:_|||
|Depreciation of tangible fixed assets|7,444|8,735|
|Other interest receivable and similar income|(5)|(174)|
|_Changes in:_|||
|Trade and other debtors|–|1,025|
|Trade and other creditors|(1,072)|(10,591)|
||||
|Cash generated from operations|(22,220)|17,448|
|Interest received|5|174|
||||
|Net cash (used in)/from operating activities|(22,215)|17,622|
||||
|**Cash flows from investing activities**|||
|Purchase of tangible assets|–|(2,550)|
||||
|Net cash used in investing activities|–|(2,550)|
||||
|**Net (decrease)/increase in cash and cash equivalents**|(22,215)|15,072|
|**Cash and cash equivalents at beginning of year**|162,621|147,549|
||||
|**Cash and cash equivalents at end of year**|140,406
|162,621
|
**The notes on pages 11 to 22 form part of these financial statements.**
**10**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 31 December 2021**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Eden Street, Horden, Peterlee, SR8 4LH, Durham.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**11**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
**3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**12**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property - 25% reducing balance Fixtures and fittings - 25% reducing balance Equipment - 33% straight line
## **Defined contribution plans**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
## **4. Limited by guarantee**
Horden Youth and Community Centre is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such ammount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
**13**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **5. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2021**|
||£|£|**£**|
|**Donations**||||
|Donations|1,096|–|1,096|
|Fund Generation|6|–|6|
|**Grants**||||
|Durham County Council|–|19,727|19,727|
|Tudor Trust|–|32,000|32,000|
|Big Lottery Community Fund|–|112,578|112,578|
|AAP Foundation|–|3,105|3,105|
|County Durham Community Foundation|–|2,273|2,273|
|East Durham Trust|–|4,620|4,620|
|Coalfields Regeneration Trust|–|2,500|2,500|
|Hospital of God Greatham|–|1,000|1,000|
|Virgin Media|–|1,000|1,000|
|Albert Hunt Trust|–|2,000|2,000|
|Job Retention Scheme|29,975|–|29,975|
|CDHG|–|81,105|81,105|
|Sports Foundation|–|200|200|
|||||
||31,077|262,108|293,185|
|||||
**14**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **5. Donations and legacies** _**(continued)**_
||Unrestricted|Restricted|Total Funds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|**Donations**||||
|Donations|2,200|–|2,200|
|Fund Generation|22|–|22|
|In Kind Direct|511|–|511|
|**Grants**||||
|Durham County Council|–|102,340|102,340|
|Big Lottery Community Fund|–|129,839|129,839|
|East Durham Trust|–|2,790|2,790|
|The Henry Smith Charity|–|20,550|20,550|
|Believe Housing|–|2,000|2,000|
|Street Games|–|744|744|
|Awards for All|–|9,446|9,446|
|East Durham Area Action Partnership|–|350|350|
|Local Authority Business Support Grant|10,000|–|10,000|
|Job Retention Scheme|22,176|37,082|59,258|
|||||
||34,909|305,141|340,050|
|||||
**15**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **6. Charitable activities**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2021**|
||£|£|**£**|
|Room Hire, Subs and Session Fees|1,527|16,205|17,732|
|Refreshments|313|–|313|
|Postage, Stationery and Photocopying|93|–|93|
|Other|6,083|2,318|8,401|
|||||
||8,016|18,523|26,539|
|||||
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||£|£|£|
|Room Hire, Subs and Session Fees|9,401|7,033|16,434|
|Refreshments|4|–|4|
|Postage, Stationery and Photocopying|157|–|157|
|Other|1,453|90|1,543|
|||||
||11,015|7,123|18,138|
|||||
## **7. Investment income**
||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2021**|Funds|2020|
||£|**£**|£|£|
|Bank interest received|5|5|174|174|
||||||
**16**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **8. Expenditure on charitable activities by fund type**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2021**|
||£|£|**£**|
|General Fund|–|–|–|
|Big Lottery Community Fund|–|141,634|141,634|
|The Henry Smith Charity|–|22,047|22,047|
|Tudor Trust|–|50,000|50,000|
|Nursery|–|94,372|94,372|
|Tudor Trust - Wellbeing|–|2,000|2,000|
|AAP Meet, Greet & Eat|–|3,765|3,765|
|Hospital of God Greatham|–|1,000|1,000|
|Sport Foundation|–|200|200|
|East Durham Trust - Small Grants|–|2,480|2,480|
|Virgin Media|–|1,000|1,000|
|County Durham Community Foundation|–|2,273|2,273|
|Hub Grub|–|1,965|1,965|
|Believe Housing|–|1,857|1,857|
|Street Games|–|766|766|
|DCC - Covid|–|16,597|16,597|
|Albert Hunt Trust|–|2,000|2,000|
|EDT - Peer Support|–|2,110|2,110|
|CoalFields Regeneration|–|2,250|2,250|
|||||
||–|348,316|348,316|
|||||
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||£|£|£|
|General Fund|66,096|–|66,096|
|Big Lottery Community Fund|–|109,435|109,435|
|The Henry Smith Charity|–|12,110|12,110|
|Awards For All|–|9,446|9,446|
|Nursery|–|133,993|133,993|
|East Durham Trust - Small Grants|–|2,790|2,790|
|Believe Housing|–|143|143|
|Street Games|–|744|744|
|Durham County Council - Small Grants|–|4,802|4,802|
|DCC - Covid|–|350|350|
|||||
||66,096|273,813|339,909|
|||||
**17**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **9. Net (expenditure)/income**
Net (expenditure)/income is stated after charging/(crediting):
||Net (expenditure)/income is stated after charging/(crediting):|||
|---|---|---|---|
|||**2021**|2020|
|||**£**|£|
||Depreciation of tangible fixed assets|7,444|8,735|
|||||
|**10.**|**Independent examination fees**|||
|||**2021**|2020|
|||**£**|£|
||Fees payable to the independent examiner for:|||
||Independent examination of the financial statements|600|600|
|||||
## **11. Staff costs**
|The total staff costs and employee benefits for the reporting period are analysed as|The total staff costs and employee benefits for the reporting period are analysed as|follows:|
|---|---|---|
||**2021**|2020|
||**£**|£|
|Wages and salaries|200,100|169,572|
|Social security costs|8,595|6,989|
|Employer contributions to pension plans|2,776|5,468|
||||
||211,471|182,029|
||||
The average head count of employees during the year was 13 (2020: 13). The average number of full-time equivalent employees during the year is analysed as follows:
|of full-time equivalent employees during the|year is analysed as follows:||
|---|---|---|
||**2021**|2020|
||**No.**|No.|
|Nursery staff|9|10|
|Centre staff|4|3|
||||
||13|13|
||||
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
## **12. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
**18**
**Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **13. Tangible fixed assets**
||Freehold|Fixtures and|||
|---|---|---|---|---|
||property|fittings|Equipment|**Total**|
||£|£|£|**£**|
|**Cost**|||||
|**At 1 January 2021 and**|||||
|**31 December 2021**|170,223|38,340|65,237|273,800|
||||||
|**Depreciation**|||||
|At 1 January 2021|149,438|37,700|60,868|248,006|
|Charge for the year|5,196|160|2,088|7,444|
||||||
|**At 31 December 2021**|154,634|37,860|62,956|255,450|
||||||
|**Carrying amount**|||||
|**At 31 December 2021**|15,589|480|2,281|18,350|
||||||
|At 31 December 2020|20,785|640|4,369|25,794|
||||||
|**Creditors:** **amounts falling due within one year**|||||
||||**2021**|2020|
||||**£**|£|
|Accruals and deferred income|||600|600|
|Social security and other taxes|||1,879|2,951|
|Other creditors|||348|348|
||||||
||||2,827|3,899|
||||||
**14. Creditors: amounts falling due within one year**
## **15. Pensions and other post retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £121 (2020: £5,468).
**19**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **16. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**|||||||
|---|---|---|---|---|---|---|
|||||||**At**|
||At|1 January|||**31**|**December**|
|||2021|Income|Expenditure|Transfers|**2021**|
|||£|£|£|£|£|
|General Fund||(3,773)|39,098|–|35,694|71,019|
|Fixed Asset Fund||25,794|–|–|–|25,794|
|Designated Fund||40,000|–|–|–|40,000|
||||||||
|||62,021|39,098|–|35,694|136,813|
||||||||
|||||||At|
||At|1 January|||31|December|
|||2020|Income|Expenditure|Transfers|2020|
|||£|£|£|£|£|
|General Fund||10,040|46,098|(66,096)|6,185|(3,773)|
|Fixed Asset Fund||31,979|–|–|(6,185)|25,794|
|Designated Fund||40,000|–|–|–|40,000|
||||||||
|||82,019|46,098|(66,096)|–|62,021|
||||||||
**20**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **16. Analysis of charitable funds** _**(continued)**_
## **Restricted funds**
||||||**At**|
|---|---|---|---|---|---|
||At 1 January|||**31**|**December**|
||2021|Income|Expenditure|Transfers|**2021**|
||£|£|£|£|£|
|Big Lottery Community||||||
|Fund|32,829|112,578|(141,634)|–|3,773|
|The Henry Smith Charity|22,047|–|(22,047)|–|–|
|Coalfields Regeneration||||||
|Trust - Covid Recovery|–|2,500|(2,250)|–|250|
|Co Durham Community||||||
|Foundation - Covid||||||
|Recovery|–|2,273|(2,273)|–|–|
|Nursery|33,031|99,628|(94,372)|(35,694)|2,593|
|Tudor Trust|30,000|30,000|(50,000)|–|10,000|
|Tudor Trust - Wellbeing|–|2,000|(2,000)|–|–|
|AAP Meet, Greet & Eat|–|3,765|(3,765)|–|–|
|East Durham Trust -||||||
|Small Grants|–|2,480|(2,480)|–|–|
|Hospital of God||||||
|Greatham|–|1,000|(1,000)|–|–|
|Sport Foundation|–|200|(200)|–|–|
|Virgin Media - Volunteer||||||
|Reward Scheme|–|1,000|(1,000)|–|–|
|Believe Housing - Hub||||||
|Grub|1,857|–|(1,857)|–|–|
|Believe Housing|1,965|–|(1,965)|–|–|
|Street Games|766|–|(766)|–|–|
|DCC - Covid Support|–|19,097|(16,597)|–|2,500|
|Albert Hunt Trust|–|2,000|(2,000)|–|–|
|EDT - Peer Support|–|2,110|(2,110)|–|–|
|||||||
||122,495|280,631|(348,316)|(35,694)|19,116|
|||||||
**21**
## **Horden Youth and Community Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2021**
## **16. Analysis of charitable funds** _**(continued)**_
||||||At|
|---|---|---|---|---|---|
||At 1 January||||31 December|
||2020|Income|Expenditure|Transfers|2020|
||£|£|£|£|£|
|Big Lottery Community||||||
|Fund|12,425|129,839|(109,435)|–|32,829|
|The Henry Smith Charity|13,607|20,550|(12,110)|–|22,047|
|Nursery|25,281|141,743|(133,993)|–|33,031|
|Tudor Trust|30,000|–|–|–|30,000|
|Awards For All|–|9,446|(9,446)|–|–|
|East Durham Trust -||||||
|Small Grants|–|2,790|(2,790)|–|–|
|Durham County Council||||||
|- Small Grants|–|4,802|(4,802)|–|–|
|Believe Housing - Hub||||||
|Grub|–|2,000|(143)|–|1,857|
|Believe Housing|1,965|–|–|–|1,965|
|Street Games|766|744|(744)|–|766|
|Durham County Council|–|350|(350)|–|–|
|||||||
||84,044
|312,264
|(273,813)
|–
|122,495
|
## **17. Analysis of net assets between funds**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2021**|
||£|£|**£**|
|Tangible fixed assets|18,350|–|18,350|
|Current assets|121,290|19,116|140,406|
|Creditors less than 1 year|(2,827)|–|(2,827)|
|||||
|**Net assets**|136,813|19,116|155,929|
|||||
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||£|£|£|
|Tangible fixed assets|25,794|–|25,794|
|Current assets|40,126|122,495|162,621|
|Creditors less than 1 year|(3,899)|–|(3,899)|
|||||
|**Net assets**|62,021|122,495|184,516|
|||||
## **18. Analysis of changes in net debt**
||||||**At**|
|---|---|---|---|---|---|
||At|1|Jan 2021|Cash flows|**31 Dec 2021**|
||||£|£|**£**|
|Cash at bank and in hand|||162,621|(22,215)|140,406|
|||||||
**22**