|Trustees|Lynda Bullock|
|---|---|
||Paul Cavallari|
||Susan Ettridge|
||Peter Granger|
||Lisa Howlett|
||Patricia Lee|
||Chinyanta Nkonkomalimba|
||Ethaar El-Emir|
||John Garratt|
||Stephanie Lennox|
||Massimo Trebar|
||Anouska Anderson|
|Centre Development Workers|Pavlina Kingsleigh|
||Virginie Jones (until 30 June 2022)|
|Charity number|1141618|
|Company number|07386863|
|Principal address|15Harwoods Road|
||Watford|
||Hertfordshire|
||WD18 7RB|
|Registered office|15 Harwoods Road|
||Watford|
||Hertfordshire|
||WD18 7RB|
|Independent examiner|Gary Howard FCA|
||Howard Wilson Chartered Accountants|
||36 Crown Rise|
||Watford|
||Hertfordshire|
||WD25 ONE|
|Bankers|Metro Bank PLC|
||One Southampton Row|
||London|
||WC1B5HA|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Current financial year|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||fundsfunds||||
||2023|2023|2023|2022|
|Notes|||||
|Income from:|||||
|Donations and legacies3
Operation of Community Centre in West Watford4
Fundraising events and activities5|23,705
10,969
2,317|11,427|23,705
22,396
2,317|43,096
14,664
1,777|
|Investments6|95||95|194|
|Total income|37,086|11,427|48,513|59,731|
|Expenditure on:|||||
|Operation of Community Centre in West Watford7|40,890|8,536|49,426|47,955|
|Net (outgoing)/incoming resources before transfers|(3,804)|2,891|(913)|11,776|
|Gross transfers between funds|1,580|(1,580)|-||
|||||-|
|Net (expenditure)/income for the year/|||||
|Net movement in funds|(2,224)|1,311|(913)|11,776|
|Fund balances at 1 April 2022|65,661|4,210|69,871|58,095|
|Fund balances at 31 March 2023|63,437|5,521|68,958|69,871|
##
|Prior financial year|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fundsfunds|||
|||2022|2022|2022|
||Notes||||
|Income from:|||||
|Donations and legacies||43,096|_|43,096|
|Operation of Community Centre in West Watford||7,756|6,908|14,664|
|Fundraising events and activities||1,777||1,777|
|Investments||194|-|194|
|Total income||52,823|6,908|59,731|
|Expenditure on:|||||
|Operation of Community Centre in West Watford||40,505|7,450|47,955|
|Net (outgoing)/incoming resources before transfers||12,318|(542)|11,776|
|Net (expenditure)/income for the year/|||||
|Net movement in funds||12,318|(542)|11,776|
|Fund balances at 1 April 2021||53,343|4,752|58,095|
|Fund balances at 31 March 2022||65,661|4,210|69,871|
##
|||2023|2022|
|---|---|---|---|
||Notes|||
|Fixed assets||||
|Tangible assets11||1,486|914|
|Current assets||||
|Debtors12
Cash at bank and in hand||70,151
1,702|72,067
689|
|Creditors: amounts falling due within||71,853|72,756|
|one year13||(4,381)|(3,799)|
|Net current assets||67,472|68,957|
|Total assets less current liabilities||68,958|69,871|
|Income funds||||
|Restricted funds|14|5,521|4,210|
|Unrestricted funds||||
|Designated funds
General unrestricted funds|15|16,865
46,572|16,865
48,796|
|||63,437|65,661|
|||68,958|69,871|
|The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act||||
|2006, for the year ended 31 March 2023.||||
|The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006||||
|with respect to accounting records and the preparation||of financial statements.||
##
##
##
##
##
##
##
##
##
||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2023|2022|
|Donations and gifts|290|1,514|
|Core grants|23,415|41,582|
||23,705|43,096|
##
||Donations and legacies||(Continued)|
|---|---|---|---|
||Grants receivable for core activities|||
||Watford Borough Council - core grant
Watford Borough Council - Omicron Hospitality & Leisure Grant
Watford Borough Council - Restart Grant
Watford & Three Rivers Trust - Community Grant|-
-
-
23,415|7,500
8,000
2,667
23,415|
|||23,415|41,582|
|4|Operation of Community Centre in West Watford|||
|||2023|2022|
||Community Centre activities income
Grants receivable|11,427
10,969|6,908
7,756|
|||22,396|14,664|
||Analysis by fund|||
||Unrestricted funds
Restricted funds|11,427
10,969|6,908
7,756|
|||22,396|14,664|
||Grants receivable|||
||Watford Borough Council - Accommodation
Watford Borough Council - Locality Budgets|1,430
4,300|4,300|
||Hertfordshire Community Foundation|1,033|-|
||Watford & Three Rivers Trust
The National Lottery Community Fund|4,344
320|2,085
-|
||Asda Foundation|||
|||-|523|
|||11,427|6,908|
||Fundraising events and activities|||
|||Unrestricted Unrestricted||
|||fundsfunds||
|||2023|2022|
||Fundraising events|2,317|1,777|
|6|Investments|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2023|2022|
||Interest receivable|95|194|
||Operation of Community Centre in West Watford|||
|||2023|2022|
||Staff costs|26,582|27,728|
||Depreciation and impairment|596|304|
||Tutors costs|1,946|1,554|
||Activities costs|571|475|
||Premises costs|7,439|7,461|
||Insurance costs|810|801|
||Repairs and maintenance costs|5,023|4,094|
||Office costs|1,666|2,344|
||Centre equipment costs|866|-|
||Publicity and promotion|1,485|1,515|
||General expenses|389|170|
||Legal and professional costs|943|351|
||Volunteer costs||48|
||Governance costs|1,110|1,110|
|||49,426|47,955|
||Analysis by fund|||
||Unrestricted funds|40,890|40,505|
||Restricted funds|8,536|7,450|
|||49,426|47,955|
||Governance costs comprise of independent examiners fees 1,110 (2022:|1,110). During the year, the||
||independent examiners were also paid 288 (2022: 288) in respect of payroll services.|||
|8|Trustees|||
||One of the trustees was refunded the cost of computer equipment purchased|on behalf of the centre (1,168)||
||and none received any remuneration during the year (2022: Nil).|||
##
||2023|2022|
|---|---|---|
||Number|Number|
|Activities|2|2|
|Employment costs|2023|2022|
|Wages and salaries
Other pension costs|26,116
466|27,285
443|
||26,582|27,728|
|There were no employees whose annual remuneration was 60,000 or more.|
|---|
|10Taxation|
|The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section|
|252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.|
|11Tangible fixed assets|
|Computers|
|Cost|
|At 1 April 20**2**
3,738|
|Additions1,168|
|At 31 March 20234,906|
|Depreciation and impairment|
|At 1 April 20**2**
2,824|
|Depreciation charged in the year596|
|At 31 March 20233,420|
|Carrying amount|
|At 31 March 20231,486|
|At 31 March 20**2**
914|
|12Debtors|||
|---|---|---|
||2023|2022|
|Amounts falling due within one year:|||
|Prepayments and accrued income|1,702|689|
|13Creditors: amounts falling due within one year|||
||2023|2022|
|Accruals and deferred income|4,381|3,799|
|||||(A
(AOs-
Q.||If|c\T
S
to
CO||o
to||00
CO
CO
00
1 CO
n- ^-
CO r-
cn ^-|'
^-
COo|o
00
CO
C\J
co
co"|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Od>Q.
(A||||||||||
|||||||||o
O
CO|o
CO
^^||CO CO CO CO
to o to o>
co n- co r-||^
CO
00*|
||||||||>|||||||
|||||2||||CO|||||CN|
|||||O)||||||||||
|||||T3C
CO||||||||||
|||||(A||||||||||
|||||(0
g||88|r- I |s.
to co
COCO|||1|IO CO ' " •
00CN
o m||o
CN|
|||||o|||||||CN|||
|||||•o||||||||||
|||||CO8||||||||||
|||||jo
co
jQ|||||||||o
to
N|
|||||"Od)
•a||||||||||
|||||coa.
X
CO|^|||Oo
CO||'|IOCO
00CN
OIO||00
O|
|||||c
1|a>
>
O|o
a|||||CN||co"|
|zo|Q
UJ|||O)
CO||j;|oo
w s cm m|m
' cnto||CN|||CN
to|
|||||a.E||||||||||
|oo
CO
CO<
>-|oo
CO
2
S
uj|g
CM
3:||•D|
7a
2
(A||||||||||
|||||co||||||||||
|z|CO|I||c||||||||||
|I
CO
LU
oo
Q|CO
5
x
uj
o|
S
UJ
S
o:|1
R**e**s**t**ricd|d>
f
the|||||||I
N ^
118f I
E 3 JO 2 CO
^,0 0.00
2co E 1 "2
HO ^ O (D
C ^ < ^ 03 CD|||
##
|||MovementMovement||
|---|---|---|---|
|||in fundsin funds||
||Balance at|Incoming Balance at Incoming|Balance at|
||1 April 2021|resources 1 April 2022 resources 31 March 2023||
|Building repair and maintenance fund
Westie LETS|16,666
199|16,666
199|16,666
199|
||16,865|16,865|16,865|
||Unrestricted|Restricted|Total|Unrestricted|RestrictedTotal|RestrictedTotal|
|---|---|---|---|---|---|---|
||fundsfunds|||fundsfunds|||
||2023|2023|2023|2022|2022|2022|
|Fund balances at 31|||||||
|March 2023 are|||||||
|represented by:|||||||
|Current assets/(liabilities)
Tangible assets|61,951
1,486|5,521
-|67,472
1,486|64,747
914|4,210
-|68,957
914|
||63,437|5,521|68,958|65,661|4,210|69,871|