## **ST PAULS (SPENNYMOOR) CENTRE LTD**
**ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
**Company No 06775990 Charity No 1133347**
## **ST PAULS (SPENNYMOOR) CENTRE LTD**
## **FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023**
|**CONTENTS**|**Page**|
|---|---|
|Chairs Report|1|
|Reference and Administrative Information|2|
|Members of the board and professional advisors|3|
|Trustees’ annual report|4|
|Statement of directors’ responsibilities|10|
|Independent Examiner’s Report|11|
|_Funds Statements:-_||
|Statement of financial activities|13|
|Statement of financial activities prior year|14|
|Resources applied|15|
|Movement in revenue and capital funds|15|
|Income and expenditure account|16|
|Balance sheet|17|
|Notes to the financial statements|18|
## **ST PAULS (SPENNYMOOR) CENTRE LTD**
## **CHAIRS REPORT**
## **YEAR ENDED 31 DECEMBER 2023**
The trustees are pleased to present their annual directors’ report together with the consolidated financial statements of the charity for the year ending 31 December 2023 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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) (effective1 January 2015).
## **Chairs report**
I have been chair of St Pauls Centre Directors for thirteen years and with the effects of the Covid pandemic still around, we have continued to keep people safe, by making sure the building is a safe place.
I am grateful to Durham County Council, Durham Community Action, our local AAP and local Councillors who have funded many Covid Recovery activities during this period. We have worked in partnership with The Whistling Teapot in providing meals for our various activities. Our monthly supper club is still very popular and we have seen regular numbers in attendance. With the help of our Volunteers and funders, we have been able to continue our support groups and additionally supported families during school holidays with food and various activities. Our weekly Dementia support group and a monthly bereavement support group are very much appreciated by those who attend.
Once again throughout the winter period, starting in November, we provide a warm space from 8.30 am -6pm for those needing to keep warm, or in need of warm food. At this point, I must pay tribute and give thanks for the work carried out by our volunteers in these areas.
We continue to have a good relationship with the Whistling Teapot café with whom, in partnership, we supported once again a free Christmas Day lunch for those lonely and vulnerable people within the area.
We welcomed three new Directors this year, and had one resignation – Angela Taylor. We look forward to the expertise the new directors bring to our meetings and our vision for the centre.
The Directors agreed that 2023 was the year to think again about seeking funding for the extension. The centre is extremely busy and we are continually turning people away, as we simply do not have the capacity to take bookings from other external agencies, and those from our community seeking help and support. Having acquired the services of an architect, drawings were produced and building regulations and planning approvals were requested.
In closing, I would like to thank our partners The Whistling Teapot and Damascus Road Sound & Lighting group who share our premises, our grant awarding bodies, Spennymoor Area Action Partnership, Hadrian Trust, and PCP, Durham Community Foundation for their support and to commercial agencies for their support in making our work within the community, possible.
To find out more about the work of the centre, please visit our website www.stpaulsspennymoor.org.uk .
Maureen Aspey (Chair of Directors) **Maureen Aspey**
1
## **Reference and Administrative information**
|**Charity name**|ST PAULS (SPENNYMOOR) CENTRE LTD|
|---|---|
|**Charity Number**|1133347|
|**Company Number**|6775990|
|**Registered Office and**|St Pauls Centre|
|**Operational address**|St Pauls Gardens|
||Spennymoor|
||Co. Durham|
||DL16 7LR|
|**Members of the**|Mrs Maureen Aspey|
|**Executive Committee**|Shelley Tindale (appointed 22ndJune 2023)|
||Chris Tindale (appointed 22ndJune 2023)|
||Karen McDowell (appointed 9thSept. 2023)|
||Mr John May|
||Mrs Greta Taylor|
||Rev Matt Tarling|
||Mr. Phil Brown|
||Ms Angela Taylor (resigned 22ndJune 2023)|
||Ms Laura Birkin|
|**Company Secretary**
|Mr Maurice Aspey
|
|**Centre Manager**
|Mr Maurice Aspey|
|**Treasurer**|Mr Maurice Aspey /Miss Debbie Hopper|
|**Independent Examiner**|Tracy Lewis Bowman|
||3 Bonnie Grove|
||Byers Green|
||Spennymoor|
||Co Durham|
||DL16 7QH|
|**Bankers**|Barclays Bank PLC|
||**Jenkins House**|
||Bob Hardisty Drive|
||Bishop Auckland|
||Co Durham|
||DL14 7TH|
|**Solicitors**|Smith Roddam|
||56 North Bondgate|
||Bishop Auckland|
||Co Durham DL14 7PG|
2
**ST PAULS (SPENNYMOOR) CENTRE LTD**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS**
## **YEAR ENDED 31 DECEMBER 2023**
The Management Committee, being Trustees and Directors of the Company, present their report and financial statements for the year ended 31 December 2023.
The Trustees who served during the year were:
Mrs Maureen Aspey, Director/Chair Mrs Greta Taylor, Director/Support Organisation Mr Philip Brown, Director/ Support Organisation Mrs Shelley Tindale Director / Volunteer support (appointed June 2023) Mr Chris Tindale Director/ support organisation & Building facilities (appointed June 2023) Ms. Karen McDowell Director/ support organisation (appointed June 2023) Ms Laura Birkin Director / Community Representative The Rev Matt Tarling Director/Support Organisation Ms Angela Taylor Director/ Support Organisation (resigned June 2023) Mr John May Director/ Support Organisation
Trustees are elected or re-appointed on an annual basis at the AGM.
Non-Directors & Personnel:
Mr Maurice Aspey Company Secretary/Centre Management Miss Debbie Hopper Minute taker
3
## **ST PAULS (SPENNYMOOR) CENTRE LTD**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31 DECEMBER 2023**
## **Objects of the Charity**
- **A)** To further religion and other charitable work of the church of England in the parish of Spennymoor St Paul
- **B)** To Promote for the benefit of the inhabitants of Spennymoor in the surrounding area the provision of facilities for recreation or other Leisure time of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants
- **C)** To promote the education of the inhabitants of Spennymoor and the surrounding area in such ways as the charity trustees think fit, including the provision of training or re-training to develop individuals’ capabilities, competencies and skills, and in particular for those who are unemployed.
- **D)** The relief of unemployment and poverty for the benefit of the inhabitants in Spennymoor and the surrounding area in such ways as the trustees may think fit including assistance to find employment through training and work experience such assistance
## **1. Structure, Governance and Management**
## **Governing document**
St Pauls (Spennymoor) Centre Ltd was incorporated on 19 December 2008 as a Company Limited by Guarantee and is governed by its Memorandum and Articles of Association, Company number 06775990.
St Pauls (Spennymoor) Centre Ltd is a registered Charity, number 1133347 on 18 December 2009.
Every member of the Company undertakes to contribute to the assets of the Company in the event of its being wound up while he or she or it is a member, or within one year afterwards, for the payments of the debts and liabilities of the Company contracted before the time at which membership ceased, and of the costs, charges and expenses of winding up the same, and for the adjustments of the rights of the contributors amongst themselves such amount as may be required not exceeding £1.00.
## **Organisation**
St Pauls (Spennymoor) Centre Ltd is a Company Limited by Guarantee and organised with a Management Committee comprising elected and nominated members from the Parish Church of St Pauls, Spennymoor and from the local community. The Charity operates from St Pauls Centre, St Pauls Gardens, Spennymoor, County Durham and operates within Spennymoor and surrounding area. Membership of St Pauls (Spennymoor) Centre Ltd is voluntary and is free.
4
## **Organisational Structure**
The Memorandum and Articles of Association allows for an Executive Committee of between 6 and 20 Trustees. The Chief Officer is the Company Secretary and has a voting right. The Executive Committee meets on a regular basis and sub-groups and working parties meet as and when appropriate.
Day to day management of the organisation is carried out by the Centre Manager who is supported by Volunteers. The Centre Manager has an additional responsibility to support the Chief Officer duties in implementing key issues.
All staff are given line management, supervision and annual appraisal to ensure they are actively supported and undertake training and development where necessary.
## **2. Recruitment and Appointment of the Executive Committee**
The Directors of the Company are also Charity Trustees for the purposes of Charity Law and under the Company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association, the Trustees are drawn from the membership and are elected at an Annual General Meeting. At each AGM, the longest serving third of the elected members retire from office and are able to re-stand for election.
The opportunity for appointment as a Trustee is promoted widely and the Chief Officer provides informal meetings for those who are potentially interested in becoming Trustees, to inform them of the work of St Pauls (Spennymoor) Centre Ltd and the role and responsibilities of St Pauls (Spennymoor) Centre Ltd Director Trustees.
## **Trustee Induction and Training**
An induction pack is in place to provide new Trustees with a range of information on St Pauls (Spennymoor) Centre Ltd and the Management Committee. Initial induction sessions are arranged with the Chair person and involve any new Trustees. Training sessions and ad hoc support sessions are available to all Trustees and the Chairperson operates an open door policy for all Trustees. The Management Committee have also ensured that contact details of Trustees continue to be shared to allow for contact between Trustees.
All Trustees are informed of the St Pauls (Spennymoor) Centre Ltd training opportunities available to the Voluntary Sector groups and organisations.
## **Activities**
## **Significant Activities**
The charity’s principal activity during the period was to further continue the promotion of the Centre, consolidate the organisational management, development and usage of the Centre in its tenth full year of operation and to further upgrade the fabric of the building.
In pursuit of its objects, the charity has maintained close contact with user groups, partners and external service providers as the Centre has progressed.
The Directors continue to value the important contribution to the overall programme and ethos of the centre by the two Social Enterprise Companies who use workspace within the Centre, Damascus Road Technical Services Ltd and The Whistling Teapot (CIC)
5
The Directors have also valued the leadership and work of Mr Maurice Aspey, the part time Centre Manager under whose direction positive progress continues to be made in extending the range of user groups and also in general management of the infrastructure and maintaining the high standards of public relationships on behalf of the Centre.
## **3 Charity’s strategies**
The trustees have set key strategic objectives for the organisation which are set to ensure the achievement of the vision. All work delivered by St PAULS (Spennymoor) Centre Ltd trustees and staff will be done so in line with the objectives and is reported to trustees and regularly reviewed.
The strategic objectives are:
- A) To deliver support to the voluntary and community sector users of the Centre
- B) To facilitate capacity and infrastructure development for Social Enterprise occupants and other voluntary and statutory service users
- C) To develop sound relationships with a wide range of partners from the statutory, voluntary, community and business sectors to improve the Centre’s service provision and role in regeneration and ongoing infrastructure
- development
- D) To promote voluntary action and develop the capacity of individuals, groups and organisations to participate effectively in volunteer development
## **4 Achievements and Performance**
## **Performance**
This thirteenth year of the Company/Charity has been a period of further consolidation under difficult and challenging times, to ensure the St Pauls Centre provides a professional, welcoming and safe experience and environment for all who either work in the centre or visit and use the facilities as service users.
This has required the directors/trustees to ensure their compliance with all statutory requirements and to ensure financial and other credibility. They have also endeavoured to ensure the Centre operates in accordance with the vision of the St Pauls Parish Church.
Roles and responsibilities of directors/trustees are regularly reviewed as part of a capacity building strategy and this process continues.
All Company/Trust policies are reviewed and, where necessary, updated by the trustees/directors on an annual basis as part on an ongoing review and familiarisation.
The following groups listed below are operating from the centre. The support groups have continued for those who are feeling isolated and lonely but now meet fortnightly. During the year statistical and programme data includes:
6
- Blind Life in Durham Group have enjoyed another year with us.
- Existing user groups continuing to use the premises as their local meeting place include St Pauls Centre “Tea” dances, Pilates groups, Cobweb Orchestra, Badminton groups, Table Talk discussion group, and Spennymoor guiding, rainbows and brownies groups. Rainbow Singers as well as our Wellbeing groups to support those in isolation, the lonely and elderly. The exercise group under Ways to Wellbeing, moved to in –house organised by two centre volunteers trained under the umbrella for Wellbeing for Life & First Aid training through DCC
- A new yoga group commenced this year offering weekly sessions
- We commenced a monthly gathering for the Ukrainian refugees, alongside weekly help for those needing extra support with English.
- The Centre continues to operate as a Food Bank distribution point and is proving to be a busy and valued facility for eligible local residents and also from surrounding communities. The Centre continued to act as a fuel poverty distribution point throughout the year.
- Commercial companies have been slow in returning to the centre due to their health and safety regulations around Covid.
- The Centre continues to be registered for use as a Polling Station
- Durham County Council continues to use the centre’s facilities and personnel as a safe place for their clients to attend the activities in the Wellbeing project. Durham County Council Employability Groups continue to use the Centre
- We are working in partnership with our local Durham County Council Area Action Partnership group in the provision of facilities and equipment for community family film shows & activities for children and young people which are held during school holidays.
- We have been working with our health practitioners to introduce a weekly support group for those with dementia and their carers, and a monthly support group for those who have been bereaved.
We have continued to increase our fundraising events this year and held another fashion show. The monthly supper club is very popular. We have introduced concerts, and Ceilidh’s which prove to be popular with the community.
.
The footfall for the year was 21,694. This is almost at the same level as pre-previous years.
The directors/trustees record their appreciation to our workspace occupants, The Whistling Teapot and Damascus Road Sound & Lighting Ltd who continue to pro-actively support the development of the Centre.
External funding was attracted during the year to support:
- St Pauls Wellbeing Club via PCP, AAP (support groups)
- Spennymoor AAP re school holiday activities. (fun with food)
- Wellbeing for Life for their support with Christmas Day lunch
- Hadrian Trust to support Wellbeing Fridays (lunch for those who are isolated & lonely)
The Directors convey their appreciation to the funders without which support we could not deliver these important and valued programmes.
7
There is a continual need for maintenance and minor repairs and the Directors convey their appreciation to Maurice Aspey for assuming this responsibility and ensuring the Centre remains both attractive and efficient for visitors and user groups.
We are now in the thirteenth anniversary of the St PAULS Centre and, as part of this process; we are now seeking capital funding to allow for extending our building and community facilities.
## **5 Financial review**
## _**The charity's financial position at the end of the year ended 31 December 2023**_
The financial position of the charity at 31 December 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Net income**
Unrestricted Revenue Funds available for the general
purposes of the charity
Designated Revenue
Funds
**_Total Unrestricted_**
**_Funds_**
Restricted Revenue
Funds
**Total Funds**|**2023**
**£**
1,210
27,010
40,052
**67,062**
25,396
**92,458**|**2022**
**£**
(14,218)|
|---|---|---|
|||27,010
43,640|
|||**70,650**|
|||20,598|
|||**91,248**|
## _**Financial review of the position at the reporting date, 31 December 2023 .**_
The trustees consider the financial performance of the charity to have been satisfactory. Specific changes in fixed assets are detailed in the notes to the accounts.
## **Investment powers**
Under the Memorandum and Articles of Association the charity has the power to make any investment that the management committee sees fit.
## **Investment policy**
The management committee has the power to invest any surplus funds as they see fit.
## **Reserves policy**
8
The management committee considers it prudent to pursue a policy whereby they maintain unrestricted reserves at a level equivalent to 3 months running costs and redundancy entitlements.
The actual free reserves of £6,000 at 31 December 2023 are considered adequate to cover any timing differences arising whereby expenditure is incurred prior to receipt of funding income.
## **Risk Management**
An ongoing risk review process is carried out to identify major funding opportunities available to the charity and also any risks to which it is exposed. The management committee will review financial activities regularly, with remedial Action being taken to compensate for any projected funding shortfall or overspend. Internal risks are minimised by a system of internal controls, including authorisation and monitoring controls.
## **Details of The Independent Examiner**
Tracy Lewis Bowman Member of Association of Accounting Technicians 3 Bonnie Grove Byers Green County Durham DL16 7QH
9
## **Statement of Trustees' Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of
recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 13 June 2024.
Maureen Aspey Trustee
10
## **St Paul's Centre (Spennymoor) Ltd**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023**
I report to the Trustees on my examination of the financial statements of the charity on pages 13 to 17 for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 18/19.
## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report**
As described on page 10, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
- a) examine the financial statements of the charity under Section 145 of the Act;
- b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
11
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material 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 charity as required by with Section 130 of The Charities Act 2011;
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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;
- have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 financial statements to be reached.
## **Signed:-**
TRACY LEWIS BOWMAN - Independent Examiner
Association of Accounting Technicians
3 Bonnie Grove Byers Green Spennymoor County Durham DL16 7QH
This report was signed on 13 June 2024
12
## **ST PAUL'S (SPENNYMOOR) CENTRE LTD - Statement of Financial Activities for the year ended 31 December 2023**
## _**Statement of Financial Activities for the year ended 31 December 2023**_
|**SORP**
**Ref**
**Income & Endowments from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
**Total income**
**A**
**Expenditure on:**
Raising funds
B1
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Transfers between funds**
**C**
**Net income after transfers**
**A-B-**
**C**
**Net movement in funds**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
10,613
34,647
4,850
**50,110**
1,761
66,950
**68,711**
**(18,601)**
15,013
**(3,588)**
**(3,588)**
70,650
**67,062**|**Current**
**year**
**Restricted**
**Funds**
**2023**
**£**
37,515
1,189
-
**38,704**
-
18,893
**18,893**
**19,811**
(15,013)
**4,798**
**4,798**
20,598
**25,396**|**Current**
**year**
**Total Funds**
**2023**
**£**
**48,128**
**35,836**
**4,850**
**88,814**
**1,761**
**85,843**
**87,604**
**1,210**
**-**
**1,210**
**1,210**
**91,248**
**92,458**|**Prior**
**Year**
**Total**
**Funds**
**2022**
**£**
**42,477**
**36,968**
**1,698**|
|---|---|---|---|---|
|||||**81,143**|
|||||**1,415**
**93,946**|
|||||**95,361**|
||||||
|||||**(14,218)**
**-**|
|||||**(14,218)**|
|||||**(14,218)**
**105,466**|
|||||**91,248**|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
**The notes attached on pages 18 to 32 form an integral part of these accounts.**
13
## **ST PAUL'S (SPENNYMOOR) CENTRE LTD - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**SORP**
**Ref**
**Income from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
**Total income**
**A**
**Expenditure on:**
Raising funds
B1
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Transfers between funds**
**C**
**Net income after transfers**
**Net movement in funds**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**|
**Prior Year**
**Unrestricted**
**Funds**
**2022**
**£**
1,204
29,687
1,698
**32,589**
1,415
56,348
**57,763**
**(25,174)**
20,558
**(4,616)**
**(4,616)**
75,266
**70,650**|**Prior Year**
**Restricted**
**Funds**
**2022**
**£**
41,273
7,281
-
**48,554**
-
37,598
**37,598**
**10,956**
(20,558)
**(9,602)**
**(9,602)**
30,200
**20,598**|**Prior Year**
**Total Funds**
**2022**
**£**
**42,477**
**36,968**
**1,698**
**81,143**
**1,415**
**93,946**
**95,361**
**(14,218)**
**-**
**(14,218)**
**(14,218)**
**105,466**|
|---|---|---|---|
||||**91,248**|
## **All activities derive from continuing operations**
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'
## **The notes attached on pages 18 to 32 form an integral part of these accounts.**
14
## **ST PAUL'S (SPENNYMOOR) CENTRE LTD - Resources applied in the year ended 31 December 2023 towards fixed assets for Charity use:-**
|Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed
assets
**Net resources available to fund charitable**
**activities**|**2023**
**£**
1,210
-
**1,210**|**2022**
**£**
(14,218)
(7,156)|
|---|---|---|
|||**(21,374)**|
**Movements in revenue and capital funds for the year ended 31 December 2023**
## **Revenue accumulated funds**
|Accumulated funds brought
forward
Recognised gains and losses
before transfers
(From)/To unrestricted
revenue funds
**Closing revenue funds**|**Unrestricted**
**Funds**
**2023**
**£**
70,650
(18,601)
**52,049**
15,013
**67,062**|**Restricted**
**Funds**
**2023**
**£**
20,598
19,811
**40,409**
(15,013)
**25,396**|**Total**
**Funds**
**2023**
**£**
91,248
1,210
**92,458**
-
**92,458**|**Last**
**year**
**Total**
**Funds**
**2022**
**£**
**105,466**
(14,218)|
|---|---|---|---|---|
|||||**91,248**
-|
|||||**91,248**|
## **Designated revenue funds included within the unrestricted funds above**
|At 1 January
Transfer (to)/from revenue
accumulated funds
**At 31 December**|**Total**
**Funds**
**2023**
**£**
43,640
(3,588)
40,052|**Last**
**year**
**Total**
**Funds**
**2022**
**£**
35,622
8,018|
|---|---|---|
|||43,640|
The purposes for which these funds have been designated are described in Note 34 to the accounts.
|**Summary of funds**
Revenue accumulated funds
Revenue designated funds
**Total funds**|**Unrestricted**
**and**
**Designated funds**
**2023**
**£**
27,010
40,052
**67,062**|**Restricted**
**Funds**
**2023**
**£**
25,396
-
**25,396**|**Total**
**Funds**
**2023**
**£**
**52,406**
**40,052**
**92,458**|**Last**
**Year**
**Total**
**Funds**
**2022**
**£**
47,608
43,640|
|---|---|---|---|---|
|||||**91,248**|
## **The notes attached on pages 18 to 32 form an integral part of these accounts.**
15
## **ST PAUL'S (SPENNYMOOR) CENTRE LTD Income and Expenditure Account for the year ended 31 December 2023 as required by the Companies Act 2006**
|**_Income_**
Income from operations
Investment income
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Fundraising costs
Governance costs
Realised losses on disposals of social investments which are programme related
**Total expenditure in the year**
**Net income before tax in the financial year**
Tax on surplus on ordinary activities
**Net income after tax in the financial year**
**Retained surplus for the financial year**
All activities derive from continuing operations|**2023**
**£**
88,814
-
**88,814**
**88,814**
**79,309**
**5,146**
**1,761**
**1,388**
**87,604**
1,210
-
**1,210**
**1,210**|**2022**
**£**
81,143
-|
|---|---|---|
|||**81,143**|
|||**81,143**|
|||**85,716**
**6,862**
**1,415**
**1,368**
-|
|||**95,361**|
|||(14,218)
-|
|||**(14,218)**|
|||**(14,218)**|
||||
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
## **The notes attached on pages 18 to 32 form an integral part of these accounts.**
16
## **ST PAUL'S (SPENNYMOOR) CENTRE LTD - Balance Sheet as at 31 December 2023**
|Notes
**SORP**
**Ref**
**2023**
**£**
**Fixed assets**
A
Tangible assets
10
A2
20,189
**Current assets**
B
Debtors
11
B2
10,180
Cash at bank and in hand
B4
65,765
**Total current assets**
75,945
**Creditors: amounts falling due within**
**one year**
12
C1
(3,676)
**Net current assets**
72,269
**The total net assets of the charity**
92,458
**The total net assets of the charity are funded by the funds of the charity, as follows:-**
**Restricted funds**
Restricted Revenue Funds
16
D2
25,396
**Unrestricted Funds**
Unrestricted Revenue Funds
16
D3
27,010
**Designated Funds**
Designated Revenue Funds
16
D3
40,052
**Total charity funds**
92,458|6,930
74,205|**2022**
**£**
25,335
65,913|
|---|---|---|
||81,135
(15,222)||
||||
|||91,248|
|||20,598
27,010
43,640|
|||91,248|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 11.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
**Maureen Aspey** Trustee Approved by the board of trustees on 13 June 2024
## **The notes attached on pages 18 to 32 form an integral part of these accounts.**
17
## **St Paul's Centre (Spennymoor) Ltd**
## **Notes to the Accounts for the year ended 31 December 2023**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
.
## **Going Concern**
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 December 2023, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
## **Risks and future assumptions**
The charity is a public benefit entity.
## _**Policies relating to categories of income and income recognition.**_
## **Nature of income**
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## **Categories of Income**
Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.
**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
18
## **Income recognition**
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
## **Donated goods, facilities and services**
**Donated goods that are not fixed assets** are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.
In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.
If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.
The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## **Volunteers**
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note7.
19
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Equipment, Furniture & Fittings 20 % Reducing Balance Computer Equipment 33.33 % straight line
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after following any trade discounts due
## **Cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 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 on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
20
## **Significance of financial instruments to the charity's 4 position**
The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 of FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP
## **5 Net surplus before tax in the financial year**
|**Net surplus before tax in the financial year**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|The net surplus before tax in the financial year is stated after|||
|charging:-|||
|Depreciation of owned fixed assets|5,146|6,862|
## **6 Donated goods, services and facilities**
|**_Current year_**
**_Included in Other Trading Income:-_**
Income from the sale of donated goods|**Current**
**year**
**Unrestricted**
**Funds**
**2023**
**£**
140
**140**|**Current**
**year**
**Restricted**
**Funds**
**2023**
**£**
-
**-**|**Current**
**year**
**Total**
**Funds**
**2023**
**£**
140
**140**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
76|
|---|---|---|---|---|
|||||**76**|
## **7 The contribution of volunteers**
The charity depends on the support of its volunteers, which is much appreciated. The charity has 30 Volunteers who donate 1 -3 hours weekly of their time in helping either to get rooms ready, to facilitating events, running small groups. It is estimated that without the help of volunteers, some of the support activities would be difficult to carry on. The foodbank volunteers give 3 hours per week with 8 volunteers in any one week which total £1188 yearly. Rainbows and guides & support groups are led by 11 volunteers each giving 3 hours per week, totalling £18876 (based on 42 weeks). The arrangements with some of our volunteers and those who are also directors are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
21
## **8 Staff costs and emoluments**
|**_Salary costs_**
Gross Salaries excluding trustees and key management personnel
**Total salaries, wages and related**
**costs**
The average number of part time staff employed in the year was|**2023**
**£**
6,556
**6,556**
**1**|**2022**
**£**
5,660|
|---|---|---|
|||**5,660**|
|||**1**|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **Remuneration and payments to Trustees and persons connected with 9 them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
## **10 Tangible fixed assets**
|**Cost**
At 1 January 2023
Additions
Disposals
At 31 DECEMBER 2023
**Depreciation**
At 1 January 2023
Charge for the year
Disposals
At 31 DECEMBER 2023
**NET BOOK VALUE**
At 31 DECEMBER 2023
At 31 December 2022|**Equipment**
£
**16,079**
-
-
**16,079**
**10,264**
1,162
-
**11,426**
**4,653**
5,815|**Fixtures,**
**fittings&**
**Furnishings**
£
**43,770**
-
-
**43,770**
**24,350**
3,884
**28,234**
**15,536**
19,420|**Computer**
**equipment**
£
**4,256**
-
-
**4,256**
**4,156**
100
-
**4,256**
**-**
100|**Total**
**£**
**64,105**
**-**
**-**
**64,105**
**38,770**
**5,146**
**43,916**
**20,189**
25,335|
|---|---|---|---|---|
22
## **11 Debtors**
|**Debtors**|||
|---|---|---|
|Trade debtors
Prepayments and accrued
income
Other debtors|**2023**
**£**
5,824
1,320
3,036
**10,180**|**2022**
**£**
1,238
725
4,967|
|||**6,930**|
**Other Debtors includes a balance of an amount that was stolen from cash takings, reported to the Charity Commission 17[th] May 2023**
|**12**
**Creditors: amounts falling due within**
**one year**
Trade creditors
Accruals
Deferred Income – AAP Warm spaces
**13**
**Income and Expenditure account**
**summary**
**At 1 January 2023**
(Loss)/Surplus after tax for the year
**At 31 December 2023**|**2023**
**£**
**251**
**3,425**
-
**3,676**
**2023**
**£**
91,248
1,210
**92,458**|**2022**
**£**
59
6,450
8,713
**15,222**
**2022**
**£**
105,466
(14,218)
**91,248**|
|---|---|---|
23
|**14**|**Related Party transactions**|||
|---|---|---|---|
|||**2023**|**2022**|
|||**£**|**£**|
||**Maureen Aspey**|||
||Trustee Director|||
||Amounts paid from Virgin grant for music tuition|175|1,726|
||**BTS Ltd**|||
||Maurice Aspey is a director of BTS Ltd and Manages the centre|||
||Amounts paid from Grants for Tuition and Facilitation|0|1,040|
||**The Whistling Teapot**|||
||Angela Taylor is a director of The Whistling Teapot and a Trustee Director|||
||until June 2023|||
||Amounts paid from various grants for meals until June 2023|8,652|18,249|
||**Damascus Road Technical Services Ltd**|||
||Philip Brown is a director of Damascus Road Technical Services Ltd and a|||
||Trustee Director|||
||Amounts paid from various grants for running films|555|0|
|**15**
**Particulars of how particular funds are represented by assets**
**and liabilities**
**At 31 December 2023**
**Unrestricted**
**Designated**
**funds**
**funds**
**£**
**£**
Tangible Fixed Assets
4,623
Current Assets
10,497
40,052
Current Liabilities
(3,676)
**11,444**
**40,052**
**At 1 January 2023**
**Unrestricted**
**Designated**
**funds**
**funds**
**£**
**£**
Tangible Fixed Assets
5,877
-
Current Assets
8,184
43,640
Current Liabilities
(6,509)
-
**7,552**
**43,640**|**Restricted**
**funds**
**£**
15,566
25,396
**40,962**
**Restricted**
**funds**
**£**
19,458
29,311
(8,713)
**40,056**|**Total**
**Total**
**Funds**
**Funds**
**£**
**£**
**20,189**
**20,189**
**75,945**
**75,945**
**(3,676)**
**(3,676)**|
|---|---|---|
|||**92,458**
**92,458**|
|||**Total**
**Total**
**Funds**
**Funds**
**£**
**£**
**25,335**
**25,335**
**81,135**
**81,135**
**(15,222)**
**(15,222)**|
|||**91,248**
**91,248**|
24
## **16 Fund Movements**
|**Unrestricted**
Donations/Gift Aid
General funds
A
**Designated**
Fundraising
Photography club
Seedbed Gift
Extension fund
Exercise Fund
W Wilkinson
B
**Total unrestricted**
**and designated**
**funds**
A+B
**Restricted**
Foodbank
PHE – Stamp it out
Moving on
Happiness Hub -
Dementia
Ukraine Fund
DCC Fun with Food
Hadrians Trust
Happiness Hub –
Wellbeing Fridays
Warm Spaces AAP
Warm Spaces - DCF
Warm Spaces –
Spennymoor town
council
DCF Community Grant
C
**TOTAL FUNDS**|**Balance**
**at 1**
**January**
**2023**
£
**-**
**27,010**
**27,010**
**19,591**
**499**
**10,000**
**8,247**
**5,303**
**43,640**
**70,650**
**3,375**
**3,772**
**5,750**
**1,611**
**5,332**
**-**
**758**
**-**
**-**
**-**
**-**
**-**
**20,598**
**91,248**|**Income**
£
7,218
28,552
35,770
8,023
-
-
6,317
14,340
**50,110**
2,890
-
930
479
-
1,920
500
6,160
17,425
1,500
400
6,500
**38,704**
**88,814**|**Expendit**
**ure**
£
-
(58,163)
(58,163)
(4,250)
(76)
-
(3,621)
(2,601)
(10,548)
**(68,711)**
(1,740)
-
(3,190)
(1,265)
(2,181)
(1,866)
(435)
(702)
(5,542)
(500)
(400)
(1,072)
**(18,893)**
**(87,604)**|**Transfers**
**between**
**funds**
£
(7,218)
29,611
22,393
(17,016)
30
(10,000)
14,731
75
4,800
(7,380)
**15,013**
-
(3,772)
(450)
(174)
(2,439)
-
(823)
5
(5,590)
(1,000)
-
(770)
**(15,013)**
-|**Balance at**
**31**
**December**
**2023**
**£**
**-**
**27,010**|
|---|---|---|---|---|---|
||||||**27,010**|
||||||**6,348**
**453**
**-**
**19,357**
**9,094**
**4,800**|
||||||**40,052**|
||||||**67,062**|
||||||**4,525**
**-**
**3,040**
**651**
**712**
**54**
**-**
**5,463**
**6,293**
**-**
**-**
**4,658**|
||||||**25,396**|
|||||||
||||||**92,458**|
25
## **17. The purpose for which the funds in note 16 are held by the charity are:**
## **Unrestricted revenue funds**
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.
## **Designated Funds**
This is from money raised from events, travel club and sale of books, Fundraising DVD’s and refreshments and is designated for the upkeep of the building
This funding helps sustain the weekly wellbeing group mainly the exercise group, and the music and singing groups. This has not been Seedbed Gift used in the year due to Covid restrictions THE SEEDBED GIFT OF K10 WAS TRANSFERRED TO THE EXTENSION FUND 7[th] SEPT 2023
This funding from Seedbed was to set up a photography group for Photography club those with mental health issues. To purchase equipment and pay for room hire, and exhibition space Extension Fund Monies allocated for our extension fund from own funds and from fund raising events Exercise Fund Exercise class partly funded by Ways to Wellbeing DCC from January to May, and then self-financing., as the instructor moved on.
## **Restricted Funds**
holiday club in school holidays for children and their families AAP/DOE/DCC fun with food struggling throughout COVID
Virgin
To support the Wellbeing activities, which commenced Jan 2020 for 3 years. This funding pays for Art tutor, music tuition, exercise group tutor, and business group. Then top up received in 2023
Foodbank
Donations received from the local community and local businesses in support of the St Pauls Centre Foodbank scheme
Public health England provided financial support to enable the PHE – Stamp it Out centre to provide specific support groups for those people struggling with their mental health as a direct result of covid 19 lockdown
Moving on
Various activities planned to encourage people to move out of covid recovery back to some normality. Funded by AAP
PCP Happiness Hub - Dementia Funded by Pioneering Care Trust to support those with dementia and their carers
PCP – Ukraine Fund
Hadrians Trust – Warm spaces/ Wellbeing Fridays
To connect refugees living in our area, bringing them together to meet others, and helping them with basic understanding of the English Language
To help those in our community in need of a warm space over the winter months. From July 2023 we received a further grant to help with providing lunch for Wellbeing Fridays
AAP – Warm Spaces
To help those in our community in need of a warm space and a hot meal over the winter months
26
PCP Happiness Hub – Wellbeing Fridays
To support those who are lonely and feel isolated by providing lunch and activities. Open to all ages
DCF – Community Grant
To provide music tuition for those with mental health problems, and help with room hire and facilitator costs
## **18 Ultimate controlling party**
The charity is under the control of its legal members.
Every member of the charity is obliged to contribute such amount as may be required not exceeding **£1** to the assets of the 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.
27
## **Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
|**19**
**Donations and Legacies**
**Current**
**year**
**Unrestricted**
**Funds**
**2023**
**£**
**Donations and gifts from individuals**
Small donations individually less than £1000
1,418
Witness Choir
W Wilkinson
4,800
J Stephenson for Extension
1,000
**Total donations and gifts from individuals**
**7,218**
**Revenue grants from government and public bodies**
Foodbank
Virgin Money Foundation
2,895
Fun With Food
-
DCC Moving on
-
PCP micro grant
500
PCP Happiness Hub - Dementia
-
PCP happiness Hub - Ukraine
-
Creative Arts
-
Hadrians Trust – Warm Spaces
-
PCP – Wellbeing Fridays
-
AAP – Warm Spaces
-
DCF – Warm Spaces
-
Spennymoor Town Council – Warm Space
-
DCF – Community grant
-
**Total public sector revenue grants**
**3,395**
**Revenue grants and donations from non public bodies**
Foodbank donations £2000 from unite union
-
-
**Total private sector revenue grants**
**- **
**Capital grants from government and public bodies**
AAP Building alterations
-
**Total Donations and Legacies**
**A1**
**10,613**|**Current**
**year**
**Restricted**
**Funds**
**2023**
**£**
-
-
1,000
-
**1,000**
-
1,920
-
500
-
-
-
500
5,880
17,425
1,500
400
5,500
**33,625**
2,890
**2,890**
-
**37,515**|**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**1,418**
**5,800**
**1,000**
**8,218**
**-**
**2,895**
**1,920**
**-**
**1,000**
**-**
**-**
**-**
**500**
**5,880**
**17,425**
**1,500**
**400**
**5,500**
**37,020**
**2,890**
**2,890**
**-**
**48,128**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
629
100
-
-|
|---|---|---|---|
||||**729**|
||||-
9,651
2,160
13,266
725
4,600
7,500
1,000
1,000
-
-
-
-
-|
||||**39,902**|
||||1,846
-|
||||**1,846**|
||||-|
||||**42,477**|
28
## **20 Income from charitable activities - Trading Activities**
|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
**Primary purpose and ancillary trading**
Sale of goods and services in accordance with the
charity's objects
3,422
Hire of Facility
11,995
Recharge of utilities
8,113
Letting of property for charitable purposes
7,944
Tea dance income & supper club
3,173
**Total Primary purpose and ancillary trading**
**34,647**
**21**
**Total Income from charitable activities**
**Current year**
**Unrestricted**
**Funds**
**£**
**2023**
Total income from charitable trading
34,647
**Total from charitable activities**
**A2**
**34,647**
**22**
**Income from other, non charitable, trading activities**
**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
Income from fundraising events
4,709
Income from the sale of donated goods
141
**Total from other activities**
**A3**
**4,850**|**Current year**
**Restricted**
**Funds**
**2023**
**£**
1,189
-
-
-
-
**1,189**
**Current year**
**Restricted**
**Funds**
**£**
**2023**
1,189
**1,189**
**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
-
**-**|**Current year**
**Total Funds**
**2023**
**£**
**4,611**
**11,995**
**8,113**
**7,944**
**3,173**
**35,836**
**Current year**
**Total Funds**
**£**
**2023**
**35,836**
**35,836**
**Current year**
**Total Funds**
**2023**
**£**
**4,709**
**141**
**4,850**|**Prior Year**
**Total Funds**
**2022**
**£**
7,586
10,726
7,201
7,944
3,511|
|---|---|---|---|
||||36,968|
||||**Prior Year**
**Total Funds**
**£**
**2022**
36,968|
||||36,968|
||||**Prior Year**
**Total Funds**
**2022**
**£**
1,622
76|
||||**1,698**|
29
## **23 Expenditure on charitable activities - Direct spending**
|**_Current Year_**
Gross wages and salaries - charitable
activities
Facilitator
Tutors
Catering and refreshments
Materials
Admin Assistant
foodbank
Entertainment
**Total direct spending**
**B2a**
All the expenditure in the prior year was
unrestricted.
**_Prior Year_**
Gross wages and salaries -
charitable activities
Facilitator
Tutors
Catering and refreshments
Materials
Admin assistant
foodbank
Entertainment
**Total direct spending**
**B2a**|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
6,556
-
1,960
443
76
720
-
-
**9,755**
**Prior Year**
**Unrestricted**
**Funds**
**2022**
**£**
5,660
-
-
63
81
1,921
-
**7,725**|**Current**
**year**
**Restricted**
**Funds**
**2023**
**£**
-
2,234
1,490
11,553
174
409
1,740
50
**17,650**
**Prior Year**
**Restricted**
**Funds**
**2022**
**£**
-
1,140
9,327
22,956
843
285
361
300
**35,212**|**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**6,556**
**2,234**
**3,450**
**11,996**
**250**
**1,129**
**1,740**
**50**
**27,405**
**Prior Year**
**Total**
**Funds**
**2022**
**£**
**5,660**
**1,140**
**9,327**
**23,019**
**924**
**2,206**
**361**
**300**
**42,937**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
**5,660**
**1,140**
**9,327**
**23,019**
**924**
**2,206**
**361**
**300**|
|---|---|---|---|---|
|||||**42,937**|
||||||
## **24 Expenditure on charitable activities- charitable trading**
|**_Current Year_**
Tea dance & supper club expenses
**Total grantmaking costs**
**B2b**|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
2,489
**2,489**|**Current year**
**Restricted Funds**
**2023**
**£**
-
**-**|**Current**
**year**
**Prior Year**
**Total**
**Funds**
**Total**
**Funds**
**2023**
**2022**
**£**
**£**
**2,489**
**1,241**|
|---|---|---|---|
||||**2,489**
**1,241**|
30
## **25 Support costs on charitable activities**
|**Current**
**year**
**Current**
**year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
**_Employee costs not included in direct_**
**_costs_**
Travel and subsistence - staff
-
478
**_Volunteer costs_**
Volunteers' expenses
166
-
**_Premises Expenses_**
Rent payable under operating leases
400
-
Rates and water charges
1,359
-
Light heat and power
19,372
-
Cleaning and waste management
4,120
-
Premises repairs, renewals and
maintenance
2,240
-
Other Premises Costs
1,454
-
Property insurance
2,714
-
**_Administrative overheads_**
Telephone, fax and internet
1,126
-
Stationery and printing
430
-
Membership subscriptions
249
-
Hire of equipment
-
-
Advertising and publicity
-
-
Software licences and expenses
943
-
Sundry expenses
77
-
Licences & Permits
904
765
Refreshments
1,688
-
Bad Debts
215
-
DBS checks
24
-
**_Professional fees paid to advisors other than the auditor or_**
**_examiner_**
Legal fees
-
Professional fees
3,621
-
Consultancy fees
7,070
-
**_Financial costs_**
Depreciation & Amortisation in total for
the period
5,146
-
**Support costs before reallocation**
**53,318**
**1,243**
**Total support costs**
**53,318**
**1,243**|**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**478**
**166**
**400**
**1,359**
**19,372**
**4,120**
**2,240**
**1,454**
**2,714**
**1,126**
**430**
**249**
**-**
**-**
**943**
**77**
**1,669**
**1,688**
**215**
**24**
**3,621**
**7,070**
**5,146**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
510
529
400
1,243
16,788
1,343
597
1,664
2,515
1,419
-
50
570
306
894
17
1,535
856
-
-
3,394
6,908
6,862|
|---|---|---|
||**54,561**
**54,561**|**48,400**|
|||**48,400**|
31
**Other Expenditure - Governance 26 costs**
|Independent Examiner's fees
Companies house fee
**Total Governance costs**
**27**
**Total Charitable expenditure**
Total direct spending
**B2a**
Total charitable trading costs
**B2b**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total charitable expenditure**
**B2**
**28**
**Expenditure on raising funds and costs of**
Cost of fundraising activities
**Total fundraising costs**
B1|**Current**
**year**
**Current**
**year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
1,375
-
13
-
**1,388**
**-**
**Current**
**year**
**Current**
**year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
9,755
17,650
2,489
53,318
1,243
1,388
-
**66,950**
**18,893**
**investment management**
**Current**
**year**
**Current**
**year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
1,761
-
**1,761**
**-**|**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**1,375**
**13**
**1,388**
**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**27,405**
**2,489**
**54,561**
**1,388**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
**1,355**
**13**|
|---|---|---|---|
||||**1,368**|
||||**Prior Year**
**Total**
**Funds**
**2022**
**£**
**42,937**
**1,241**
**48,400**
**1,368**|
|||**85,843**|**93,946**|
|||**Current**
**year**
**Total**
**Funds**
**2023**
**£**
**1,761**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
1,415|
|||**1,761**|**1,415**|
## **29 Post Balance Sheet Event**
A debtor of the charity ceased trading in March 2024 and the debt may have to be written off.
32
## **The following page does not form part of the financial statements**
33
## **St Paul's Centre (Spennymoor) Ltd**
## **Detailed Financial Statements Year Ended 31st December 2023**
|**Income**
Donations
Grants
Sales of Goods & services
Hire of Facility
Recharge of Utilities
Rental Income
Fundraising
**Total Income**
**Expenditure**
Wages
Tutors
Grant expenses
Costs of fundraising
Materials
Administrative Assistant
Rent
Rates & Water
Light & Heat
Cleaning
Premises Expenses
Property Insurance
Telephone & Internet
Stationery & printing
Software Licences & Expenses
Licences & Permits
Catering & Refreshments
Membership subscriptions
Sundries
DBS checks
Volunteer expenses
Consultancy
Professional Fees
Independent Examiner
Companies house
bad debts
Depreciation
**Total Expenditure**
**Net (Expenditure)/Income**|**2023**
**£**
8,218
39,910
4,611
11,995
8,113
7,944
8,023
**88,814**
6,556
1,960
18,893
4,250
76
720
400
1,359
19,372
4,120
3,694
2,714
1,126
430
943
904
2,131
249
77
24
166
7,070
3,621
1,375
13
215
5,146
**87,604**
**1,210**|**2022**
**£**
729
39,902
9,432
10,726
7,201
7,944
5,209|
|---|---|---|
|||**81,143**|
|||5,660
-
37,598
2,656
81
1,921
400
1,243
16,788
1,343
2,262
2,515
1,149
-
894
805
919
50
17
-
528
6,908
3,394
1,355
13
-
6,862|
|||**95,361**|
||||
|||**-14,218**|
34