REGISTERED COMPANY NUMBER: 06666862 (England and Wales) REGISTERED CHARITY NUMBER: 1127877
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
Light of the World Community Centre Limited
KJA Kilner Johnson Ltd Network House West 26 Stubs Beck Lane Cleckheaton West Yorkshire BD19 4TT
Light of the World Community Centre Limited
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Trustees' Report | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
Light of the World Community Centre Limited
Reference and Administrative Details for the Year Ended 31 March 2021
TRUSTEES Rev S C Sangster E A Smith K A Trought REGISTERED OFFICE Gaythorne Road West Bowling Bradford West Yorkshire BD5 7ES REGISTERED COMPANY 06666862 (England and Wales) NUMBER REGISTERED CHARITY 1127877 NUMBER INDEPENDENT EXAMINER KJA Kilner Johnson Ltd Network House West 26 Stubs Beck Lane Cleckheaton West Yorkshire BD19 4TT CHIEF EXECUTIVE OFFICER Rev S C Sangster
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Light of the World Community Centre Limited
Trustees' Report for the Year Ended 31 March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The Charity's objectives are:-
To advance education and promote community cohesion and development for the benefit of the public within the area of West Bowling, in the city of Bradford and elsewhere.
To promote the education of people of all ages, including the provision of nursery care of infants to facilitate the education and alleviation of the social and economic deprivation of their parents.
To promote general charitable purposes for the benefit of people resident in Bradford and more widely, and in particular to provide opportunities for those who live in the area to participate fully in the life of their community in ways that promote community cohesion and address and alleviate social and economic disadvantage.
ACHIEVEMENT AND PERFORMANCE
The Community Centre continues to support Community life and development through the services that it provides for the culturally diverse community in the West Bowling - Little Horton areas of Bradford. The services are developed to meet community needs, some of which are the enablement of residents to activity seek employment or access training courses at the centre or through education providers and the College and University.
The community Centre continues to offer volunteering oppotunities in line with our Equality of opportunity policy.
The past 12 months has been challenging as a result of the covid-19 lockdown. This affected the projects as the Nursery and after school and holiday care, and Luncheon club Youth Club and Homework club services had to close. Adjustments had to be made in the running of the services as a preventative measure to reduce any risk of transmitting the coronavirus, and ensure the safety of all service users.
The community centre re-opened in September, and is gradually re-opening the projects as they are risk assessed, and procedures for their new operating are introduced.
We continue to support our staff by providing on the job training as well as in-house training courses to up skill the workforce.
Our current services are:
Nursery and childcare for children aged 0 - 5 After School and Holiday Care for children aged 5 to 13 years Youth Club Homework Club Luncheon Club for the over 50s ESOL, CV writing and Job search project
Short Break project offering one day of free childcare for children aged 5 to 13 whose parents receive (DLA)
Feed the Hungry Project. This project continued to operate during the covid pandemic and experieced a higher demand for meals, because all other services closed during the lockdown.
The charity has received many many positive feedback from staff. Volunteers and users of the services for the quality of support of their health and wellbeing.
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Light of the World Community Centre Limited
Trustees' Report for the Year Ended 31 March 2021
FINANCIAL REVIEW
The Charity made a surplus on its unrestricted funds of £78,128 (2020: £34,301) for the year.
The unrestricted reserves currently stand at a surplus of £138,927.
In accordance with the Memorandum and Articles of Association the charity has the power to make any investment which the trustees see fit. The trustees currently invest the funds of the charity with Barclays Bank, utilising both current and deposit accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is a company limited by guarantee and is controlled by its Memorandum and Articles of Association.
The Trustees, who are also the directors for the purpose of company law, and who served during the year were:
E A Smith Rev S C Sangster K A Trought
All trustees are appointed on a voluntary basis and do not receive any remuneration for their time. All expenses reimbursed to trustees are disclosed in the accounts.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The charity is controlled on a day to day basis by Reverend S C Sangster and is supervised by Anne Nelson as project manager, with all decision making being undertaken by the board of trustees.
The charity operates from the ground floor of a building owned by Light of the World Gospel Hall Community Church, registered charity number 701987.
An agreement is in place for the Community Centre to make an annual payment of £30,000 to the church to cover costs of rent, heat, light and other administrative costs incurred.
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Rev S C Sangster - Trustee
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Independent Examiner's Report to the Trustees of Light of the World Community Centre Limited
Independent examiner's report to the trustees of Light of the World Community Centre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of 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:
-
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
-
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.
KJA Kilner Johnson Ltd ICAEW KJA Kilner Johnson Ltd Network House West 26 Stubs Beck Lane Cleckheaton West Yorkshire BD19 4TT
Date: .............................................
4
Light of the World Community Centre Limited
Statement of Financial Activities for the Year Ended 31 March 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 4,835 Charitable activities 4 Charitable Activity 298,263 Investment income 3 53 Other income 5 - Total 303,151 EXPENDITURE ON Charitable activities Charitable Activity 219,161 NET INCOME 83,990 RECONCILIATION OF FUNDS Total funds brought forward 60,799 TOTAL FUNDS CARRIED FORWARD 144,789 |
Restricted funds £ - - - - - - - 29,759 29,759 |
2021 Total funds £ 4,835 298,263 53 - 303,151 219,161 83,990 90,558 174,548 |
2020 Total funds £ 10,500 278,908 194 12,964 |
|---|---|---|---|
| 302,566 246,141 |
|||
| 56,425 34,133 |
|||
| 90,558 |
The notes form part of these financial statements
5
Light of the World Community Centre Limited
Balance Sheet 31 March 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 21,075 CURRENT ASSETS Debtors 10 1,081 Cash at bank and in hand 326,732 327,813 CREDITORS Amounts falling due within one year 11 (5,701) NET CURRENT ASSETS 322,112 TOTAL ASSETS LESS CURRENT LIABILITIES 343,187 CREDITORS Amounts falling due after more than one year 12 (198,398) NET ASSETS 144,789 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 29,759 29,759 - 29,759 29,759 - 29,759 |
2021 Total funds £ 21,075 1,081 356,491 357,572 (5,701) 351,871 372,946 (198,398) 174,548 144,789 29,759 174,548 |
2020 Total funds £ 24,567 1,006 258,135 259,141 (2,863) 256,278 280,845 (190,287) 90,558 60,799 29,759 90,558 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
6
continued...
Light of the World Community Centre Limited
Balance Sheet - continued 31 March 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev S C Sangster - Trustee
The notes form part of these financial statements
7
Light of the World Community Centre Limited
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - straight line over 3 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. DONATIONS AND LEGACIES
| 2021 Unrestricted Restricted Total funds funds funds £ £ £ Donations 4,835 - 4,835 3. INVESTMENT INCOME 2021 Unrestricted Restricted Total funds funds funds £ £ £ Deposit account interest 53 - 53 4. INCOME FROM CHARITABLE ACTIVITIES 2021 Charitable Activity £ Primary purpose trading 136,315 Rental income - Grants 104,149 JRS Grant 57,799 298,263 5. OTHER INCOME 2021 Unrestricted Restricted Total funds funds funds £ £ £ Insurance proceeds - - - 6. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): 2021 £ Depreciation - owned assets 6,198 Loss of sale of fixed assets - |
2020 Total funds £ 10,500 2020 Total funds £ 194 2020 Total activities £ 223,586 2,976 52,346 - 278,908 2020 Total funds £ 12,964 2020 £ 8,032 2,783 |
|---|---|
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
8. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2021 £ 143,767 1,440 1,573 146,780 |
2020 £ 161,034 3,902 1,757 |
|---|---|---|
| 166,693 |
| The average monthly number of employees during the year was as follows: Administration Nursery Care Club Other |
2021 2 6 3 1 12 |
2020 2 6 3 1 |
|---|---|---|
| 12 |
No employees received emoluments in excess of £60,000.
9. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | ||
|---|---|---|
| Fixtures and fittings £ COST At 1 April 2020 45,320 Additions 2,706 At 31 March 2021 48,026 DEPRECIATION At 1 April 2020 20,943 Charge for year 6,150 At 31 March 2021 27,093 NET BOOK VALUE At 31 March 2021 20,933 At 31 March 2020 24,377 |
Motor Computer vehicles equipment Totals £ £ £ 33,777 19,649 98,746 - - 2,706 33,777 19,649 101,452 33,587 19,649 74,179 48 - 6,198 33,635 19,649 80,377 142 - 21,075 190 - 24,567 |
Totals £ 98,746 2,706 |
| 74,179 6,198 |
||
| 80,377 | ||
| 21,075 | ||
| 24,567 |
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Trade debtors | 733 | 659 | ||
| Prepayments | 348 | 347 | ||
| 1,081 | 1,006 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Social security and other taxes | 2,255 | 391 | ||
| Other creditors | 875 | - | ||
| Accruals and deferred income | 2,571 | 2,472 | ||
| 5,701 | 2,863 | |||
| 12. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Amounts owed to group undertakings | 198,398 | 190,287 | ||
| 13. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 60,799 | 83,990 | 144,789 | |
| Restricted funds | ||||
| Bradford Council - Wellbeing | 10,453 | - | 10,453 | |
| Bramall Foundation - Short break | 3,000 | - | 3,000 | |
| National Lottery - ESOL | 9,170 | - | 9,170 | |
| Skipton Building Society - Short break | 2,136 | - | 2,136 | |
| Persimmon Homes - Care club | 5,000 | - | 5,000 | |
| 29,759 | - | 29,759 | ||
| TOTAL FUNDS | 90,558 | 83,990 | 174,548 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 303,151 | (219,161) | 83,990 | |
| TOTAL FUNDS | 303,151 | (219,161) | 83,990 |
continued...
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Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 26,499 | 34,300 | 60,799 |
| Restricted funds | |||
| Bradford Council - Wellbeing | 4,634 | 5,819 | 10,453 |
| Hedley Foundation - Toys and staff | |||
| training | 2,000 | (2,000) | - |
| ABCD Small Grants | 1,000 | (1,000) | - |
| Bramall Foundation - Short break | - | 3,000 | 3,000 |
| National Lottery - ESOL | - | 9,170 | 9,170 |
| Skipton Building Society - Short break | - | 2,136 | 2,136 |
| Persimmon Homes - Care club | - | 5,000 | 5,000 |
| 7,634 | 22,125 | 29,759 | |
| TOTAL FUNDS | 34,133 | 56,425 | 90,558 |
| Comparative net movement in funds, included in the above are as follows: |
| Unrestricted funds General fund Restricted funds Bradford Council - Wellbeing Hedley Foundation - Toys and staff training ABCD Small Grants City Challenge - Care Club Bramall Foundation - Short break Greenhills Christian Trust - Feed the hungry National Lottery - ESOL Skipton Building Society - Short break Persimmon Homes - Care club Bradford Council - Feed the hungry TOTAL FUNDS |
Incoming resources £ 270,445 9,435 - - 1,500 3,000 1,000 9,750 2,136 5,000 300 32,121 302,566 |
Resources Movement expended in funds £ £ (236,145) 34,300 (3,616) 5,819 (2,000) (2,000) (1,000) (1,000) (1,500) - - 3,000 (1,000) - (580) 9,170 - 2,136 - 5,000 (300) - (9,996) 22,125 (246,141) 56,425 |
|---|---|---|
continued...
12
Light of the World Community Centre Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
14. RELATED PARTY DISCLOSURES
The company was charged £30,000 (2020: £30,000) from Light Of The World Gospel Hall Community Church for use of it's premises.
The company received a grant of £20,000 (2020: £20,000) from Light Of The World Gospel Hall Community Church.
At the balance sheet date the amount due to Light Of The World Gospel Hall Community Church was £198,398 (2020: £190,287).
13
Light of the World Community Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Charitable activities Primary purpose trading Rental income Grants JRS Grant Other income Insurance proceeds Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Motor expenses Nursery and other expenses Rent Computer expenses Subscriptions Cleaning Recruitment expenses Accountancy Legal and professional Bad debts Staff training Loss on sale of fixed assets Depreciation |
2021 £ 4,835 53 136,315 - 104,149 57,799 298,263 - 303,151 143,767 1,440 1,573 577 1,390 5,084 1,975 494 950 1,060 14,031 30,000 331 220 486 - 1,236 - - - - 6,198 210,812 |
2020 £ 10,500 194 223,586 2,976 52,346 - 278,908 12,964 302,566 161,034 3,902 1,757 1,037 1,392 6,616 1,910 538 281 1,773 9,133 30,000 389 300 435 1,210 1,255 2,799 (296) 486 2,783 8,032 236,766 |
|---|---|---|
This page does not form part of the statutory financial statements
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Light of the World Community Centre Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| Detailed Statement of Financial Activities for the Year Ended 31 March 2021 |
||
|---|---|---|
| Support costs Management Repairs and maintenance Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income |
2021 £ 4,912 866 2,571 219,161 83,990 |
2020 £ 5,564 1,435 2,376 |
| 246,141 | ||
| 56,425 |
This page does not form part of the statutory financial statements
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