## The Kirkgate Centre
Charity number 1124408
A company limited by guarantee number 06533778
## Annual Report and Financial Statements
for the year ended 31 March 2022
## The Kirkgate Centre
Annual Report and Financial Statements for the year ended 31 March 2022
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 15|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Kirkgate Centre
## Trustees' report for the year ended 31 March 2022
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates** Jennifer Brooks Chair Cathryn Chrimes Treasurer Ann West Maya Williams Parvez Iqbal Resigned 20 April 2021 Matthew Bradshaw Appointed 20 April 2021 Emma Findlay Appointed 20 April 2021 Michael Grady Appointed 20 April 2021 Resigned 15 February 2022 John Henkel Appointed 20 April 2021 Becky Phillips Appointed 20 April 2021 Nathan Tanswell
Resigned 20 April 2021 Appointed 20 April 2021 Appointed 20 April 2021 Appointed 20 April 2021 Resigned 15 February 2022 Appointed 20 April 2021 Appointed 20 April 2021 Appointed 20 April 2021
**Charity number** 1124408 **Company number** 06533778 **Registered and principal address Bankers** 39A Kirkgate Unity Trust Bank Shipley Nine Brindleyplace West Yorkshire BD18 3EH Birmingham B1 2HB
Registered in England and Wales Registered in England and Wales
## **Independent examiner**
Rhys North ACA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 13th March 2008. It is governed by a memorandum and articles of association, as amended by special resolution on 21st October 2009. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
## **Objectives and activities**
## **The charity's objects**
To further or benefit the residents of Shipley, Bradford and surrounding areas, without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and provide facilities in the interests of social welfare for recreation or leisure time occupation with the objective of improving the conditions of life for the residents.
2
## The Kirkgate Centre
## Trustees' report (continued) for the year ended 31 March 2022
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education and social welfare.
## **Achievements and performance**
The financial year 2021-2022 began with Covid restrictions once again. In April our doors re-opened to select groups under specific guidelines. For our most vulnerable communities and those who were unable to return, the team continued to deliver sessions outside and a range of outreach activity. We were able to fully open in May, and the full easing of restrictions came into place on July 19th. During this period attendance was very mixed, with some needing support and encouragement in building their confidence to return, whilst many new groups were attracted to the centre. We received lots of new interest – including from film crews!
Despite not being open fully for the 12 month period, our capacity and rental income has grown month on month. We held 181 different events with 1,660 sessions. The Kirkgate team delivered 522 sessions and those hiring rooms ran 1,138 sessions. As the community continues to recover from the impacts of the pandemic, and faces further struggles to come, it is clear how vital the centre is.
The Kirkgate Centre has been working hard on building community relationships, and we have started working on numerous partnerships to do joint working to enhance services to the community. One highlight was our involvement with the ‘Shipley Unlocked’ community event. It was the first big event after all the restrictions were eased, the atmosphere was fantastic and seeing people smile and connect with each other again was priceless.
The Transformation Project continued during this financial year and has been extended. It has been a rigorous process for the Centre, building towards stronger strategic and business planning capability, which will enhance the sustainability and direction of the Kirkgate over the next 5 years and beyond.
During this financial year, Shipley secured £25m from the Towns Fund which will enable significant redevelopment for the town. Kirkgate Centre and Hive were successful in our joint application to be one of the 9 projects selected, and have been awarded £2.51m for the renovation of the Kirkgate building. This will guarantee that we have a building that is safe, environmentally sound, accessible and fit for purpose to serve the community for many years to come. In alignment with the Towns Fund process, we are finally making progress on our Community Asset Transfer, which has been agreed and we expect to sign off in the next few months.
It has been another year of change and ongoing challenges, but also of positivity, excitement and opportunity. We have been able to build a really strong Board with a wealth of experience and expertise, to add to and enhance our resilient, dedicated and brilliant staff team, and to continue to thrive under the growing confidence and leadership of our Manager. Thanks go to the staff, Trustees, volunteers, groups, users, event organisers and the many, many people who contribute in so many different ways to making the Kirkgate Centre the beating heart of Shipley.
Jenni Brooks Chair of Trustees
3
## The Kirkgate Centre
## Trustees' report (continued) for the year ended 31 March 2022
## **Financial review**
The net income for the year was £31,393, including net income of £51,498 on unrestricted funds and net expenditure of £20,105 on restricted funds, after transfers.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £203,238.
The trustees aim to maintain sufficient reserve funds to cover between 6 and 9 months budgeted running costs. Reserves are maintained in order to provide resilience to the charity whilst also enabling its smooth running. This equates to between £90,900 and £136,350. The trustees recognise actual reserves exceed the upper reserves target. The reserves have been built up to enable the Centre to continue delivering services to the community when renovation works to the building commence in 2023. This will be a period when income is expected to reduce dramatically although operational, overhead and new relocation costs will continue to be incurred.
4
## The Kirkgate Centre
## Trustees' report (continued) for the year ended 31 March 2022
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 20/12/2022
Cathryn Chrimes (Trustee)
5
## The Kirkgate Centre
## Independent examiner's report to the trustees of The Kirkgate Centre
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 15.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable 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 charitable 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 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Rhys North ACA
21/12/2022
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
## The Kirkgate Centre
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2022
|Notes
2022
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
3,766
Room hire and service charges
23,774
Client contributions
5,045
Bar and cafe takings
7,560
Project and other income
2,034
Bank Interest
3
**Total income**
42,182
**Expenditure on:**
Salaries, NI and Pension
(3)
2,266
Payroll costs
1,031
Staff travel and expenses
582
Staff training
749
Volunteer expenses and training
84
Utilities
1,129
Phone, postage and internet
1,015
Stationery, and photocopying
750
Advertising and publicity
60
Publications, subscriptions and licences
2,632
Independent examination
1,200
Maintenance
-
Insurance
698
Bar and cafe costs
5,123
Governance and consultancy costs
523
Project expenditure
1,018
Bad Debts
-
Depreciation
1,365
Other expenditure
228
**Total expenditure**
20,453
**Net income / (expenditure)**
21,729
**Transfers between funds**
29,769
**Net movement in funds**
51,498
**Fund balances brought forward**
153,824
**Fund balances carried forward**
(4)
205,322|2022
Restricted
funds
£
131,949
-
-
-
-
-
131,949
71,976
-
15
-
1,226
4,547
269
-
643
-
-
7,223
-
-
101
36,285
-
-
-
122,285
9,664
(29,769)
(20,105)
95,980
75,875|2022
Total
funds
£
135,715
23,774
5,045
7,560
2,034
3
174,131
74,242
1,031
597
749
1,310
5,676
1,284
750
703
2,632
1,200
7,223
698
5,123
624
37,303
-
1,365
228
142,738
31,393
-
31,393
249,804
281,197|2021
Total
funds
£
167,853
4,610
453
2,765
133
52
175,866
78,190
1,886
135
120
745
636
950
1,052
-
1,840
960
6,999
1,373
1,970
3,593
12,600
1,362
1,539
12
115,962
59,904
-
59,904
189,900
249,804|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
## The Kirkgate Centre
## Balance sheet
|as at 31 March 2022
2022
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
2,084
**Total fixed assets**
2,084
**Current assets**
Debtors and prepayments
(6)
2,565
Cash at bank and in hand
(7)
202,504
**Total current assets**
205,069
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
1,831
**Total current liabilities**
1,831
**Net current assets / (liabilities)**
203,238
**Net assets**
205,322
**Funds**
Unrestricted funds
205,322
Restricted funds
-
**Total funds**
205,322|2022
Restricted
£
-
-
382
77,293
77,675
1,800
1,800
75,875
75,875
-
75,875
75,875|2022
Total
£
2,084
2,084
2,947
279,797
282,744
3,631
3,631
279,113
281,197
205,322
75,875
281,197|2021
Total
£
1,989
1,989
2,093
246,682
248,775
960
960
247,815
249,804
153,824
95,980
249,804|
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 20/12/2022
Cathryn Chrimes (Trustee)
8
## The Kirkgate Centre
## Notes to the accounts
## for the year ended 31 March 2022
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Equipment: over 4 years Fixtures and fittings: over 5 years
9
## The Kirkgate Centre
## Notes to the accounts
for the year ended 31 March 2022
## **1 Accounting policies continued**
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
10
## The Kirkgate Centre
## Notes to the accounts continued
## for the year ended 31 March 2022
|**2 Grants and donations**
Asda Foundation
Bradford Metropolitan District Council (BMDC)
Cycling UK
National Lottery Community Fund
School of Social Entrepreneurs
Shipley Town Council
Bradford VCS
HMRC Job Retention Scheme
Power to Change
Donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|2022
Unrestricted
funds
£
-
-
-
-
1,667
-
-
-
-
2,099
3,766|2022
Restricted
funds
£
1,450
54,319
3,000
72,798
382
-
-
-
-
-
131,949|2022
Total
funds
£
1,450
54,319
3,000
72,798
2,049
-
-
-
-
2,099
135,715
2022
£
73,052
3,954
(3,954)
1,190
74,242|2021
Total
funds
£
-
45,019
1,336
68,965
9,083
1,000
1,000
18,666
20,000
2,784
167,853
2021
£
76,872
4,128
(4,000)
1,190
78,190|
|---|---|---|---|---|
The average number employees during the year was 4.3, being an average of 2.7 full time equivalent (2021: 5, 2.8 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2022|2021|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|1,190|1,190|
11
## The Kirkgate Centre
## Notes to the accounts continued
## for the year ended 31 March 2022
|**4 Restricted funds**
Asda
Bradford VCS ABCD
BMDC - Buildings
BMDC - Covid building
BMDC - Floating Support
BMDC - IT
BMDC - Meet and Eat
BMDC - Soup and Social
BMDC - Table Tennis
Bradford Youth
Cycling Club
Kirkgate Projects
Leading the Way
Lotto Families
Older Bolder
BMDC - Omicron
Transformation Fund
Power to Change
School of Social Entrepreneurs|Balance b/f
£
-
1,000
-
-
-
-
564
181
330
-
1,336
6,488
-
48,577
4,544
-
3,952
20,000
9,008
95,980|Incoming
£
1,450
-
4,547
-
7,598
14,000
7,366
6,608
-
7,200
3,000
-
382
72,798
7,000
-
-
-
131,949|Outgoing
£
331
31
4,547
-
7,598
250
3,722
6,789
-
-
2,474
97
382
71,375
737
3,952
20,000
-
122,285|Transfers
£
-
(910)
-
-
-
-
(4,208)
-
(330)
-
-
(2,000)
-
(8,769)
(4,544)
-
-
-
(9,008)
(29,769)|Balance c/f
£
1119
59
-
-
-
13,750
-
-
-
7,200
1,862
4,391
-
41,231
-
6,263
-
-
-
75,875|
|---|---|---|---|---|---|
## **Fund name**
Asda
Bradford VCS ABCD BMDC - Buildings BMDC - Covid building BMDC - Floating Support BMDC - IT BMDC - Meet and Eat
BMDC - Soup and Social
BMDC - Table Tennis
Bradford Youth Cycling Club Kirkgate Projects
Leading the Way Lotto Families
Older Bolder
BMDC - Omicron Transformation Fund
## **Purpose of restriction**
Towards costs to hold a community event.
To purchase tables for groups. Transfer relates to capitalised equipment. To support the running of the centre.
To assist with Covid-19 measures.
To support activities and running costs.
To upgrade IT capabilities for the Centre and groups.
To support Meet & Eat - a social where over 50's meet and cook together. Transfers relate to a contribution to room hire, overhead premises and administration costs.
To support Soup & Social - where over 50's make soup and socialise over afternoon tea.
To purchase table tennis equipment. The transfer to unrestricted funds was agreed by the funder.
To work alongside BMDC Youth services in developing session for Youth. To support confidence in biking and set up both children and adult groups. To support project work and activities within the Kirkgate Centre. The transfer is for a contribution to room hire costs.
To support the salary costs and development of the Centre manager. For reaching children and families in the community. Transfers relate to capitalised equipment and a contribution to room hire, overhead premises, administration and management costs.
Activities and projects for older people. The transfer concerns the reallocation of income treated as restricted income, as opposed to unrestricted income, in previous financial years
Cleaning, PPE and additional staff hours for deep cleaning. For consultancy work in business support and marketing.
12
## The Kirkgate Centre
## Notes to the accounts continued
## for the year ended 31 March 2022
## **4 Restricted funds continued**
**Fund name** Power to Change
School of Social Entrepreneurs
## **Purpose of restriction**
Transformation project to review systems in the centre via community consultation.
Support of café as well as financial systems and training. Transfer relates to agreement by funder that funds could be treated as unrestricted income.
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
At 1 April 2021
Additions
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for year
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021
**Debtors and prepayments**
Trade debtors
Prepayments
Other debtors
**Cash at bank and in hand**
Cash at bank
Cash in hand
Monies held at Bradford CPA
Undeposited funds
**Creditors and accruals**
Trade creditors
Accruals|£
24,422
1,460
25,882
23,972
816
24,788
1,094
450
Equipment|£
37,496
-
37,496
35,957
549
36,506
990
1,539
2022
£
2,019
546
382
2,947
2022
£
254,129
694
24,570
404
279,797
2022
£
2,431
1,200
3,631
Fixtures &
Fittings|Total
£
61,918
1,460
63,378
59,929
1,365
61,294
2,084
1,989
2021
£
130
1,963
-
2,093
2021
£
242,941
492
3,137
112
246,682
2021
£
-
960
960|
|---|---|---|---|---|
13
## The Kirkgate Centre
## Notes to the accounts continued
## for the year ended 31 March 2022
## **9 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The key management personnel of the charity include the trustees and Centre Manager. The total employee benefits received by the Centre Manager were £29,659 (previous year: £31,427).
No trustee received any remuneration or benefit in this capacity during this or the previous year.
14
## The Kirkgate Centre
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022
|2022
2021
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
3,766
16,784
Room hire and service charges
23,774
4,610
Client contributions
5,045
453
Bar and cafe takings
7,560
2,765
Project and other income
2,034
133
Bank Interest
3
52
**Total income**
42,182
24,797
**Expenditure**
Salaries, NI and Pension
2,266
11,524
Payroll costs
1,031
1,886
Staff travel and expenses
582
135
Staff training
749
120
Volunteer expenses and training
84
44
Utilities
1,129
-
Phone, postage and internet
1,015
950
Stationery, and photocopying
750
1,052
Advertising and publicity
60
-
Publications, subs and licences
2,632
1,840
Independent examination
1,200
960
Maintenance
-
2,728
Insurance
698
233
Bar and cafe costs
5,123
1,970
Governance and consultancy costs
523
3,070
Project expenditure
1,018
2,536
Bad Debts
-
1,362
Depreciation
1,365
1,539
Other expenditure
228
12
**Total expenditure**
20,453
31,961
**Net income / (expenditure)**
21,729
(7,164)
**Transfers between funds**
29,769
7,750
**Net movement in funds**
51,498
586
**Fund balances brought forward**
153,824
153,238
**Fund balances carried forward**
205,322
153,824|2022
Restricted
funds
£
131,949
-
-
-
-
-
131,949
71,976
-
15
-
1,226
4,547
269
-
643
-
-
7,223
-
-
101
36,285
-
-
-
122,285
9,664
(29,769)
(20,105)
95,980
75,875|2021
Restricted
funds
£
151,069
-
-
-
-
-
151,069
66,666
-
-
-
701
636
-
-
-
-
-
4,271
1,140
-
523
10,064
-
-
-
84,001
67,068
(7,750)
59,318
36,662
95,980|2022
Total
funds
£
135,715
23,774
5,045
7,560
2,034
3
174,131
74,242
1,031
597
749
1,310
5,676
1,284
750
703
2,632
1,200
7,223
698
5,123
624
37,303
-
1,365
228
142,738
31,393
-
31,393
249,804
281,197|2021
Total
funds
£
167,853
4,610
453
2,765
133
52
175,866
78,190
1,886
135
120
745
636
950
1,052
-
1,840
960
6,999
1,373
1,970
3,593
12,600
1,362
1,539
12
115,962
59,904
-
59,904
189,900
249,804|
|---|---|---|---|---|
15