REGISTERED COMPANY NUMBER: 07473593 (England and Wales) REGISTERED CHARITY NUMBER: 1141871
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
FOR
THE SHAW CENTRE
THE SHAW CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
THE SHAW CENTRE
REPORT OF THE TRUSTEES for the Year Ended 31 March 2023
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 2023. 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 Objectives and aims
The Company is a non-profit making organisation. Its objective is the aid of persons with learning difficulties and in particular by providing a programme of integrated activities that promote decision-making, social skills and help to develop independent living skills.
The Company provides 1 small service: 1 small service for people with learning difficulties who are ordinarily resident in the city of Manchester and who have been assessed for services by the Adult Learning Disabilities Team of Manchester City Council. The Company is funded by Manchester City Council's Adult Social Care Department by means of a service agreement.
Significant activities
The Shaw Centre aims to provide activities that encourage social interaction, a healthy lifestyle and integration into the local community. Activities provided include : Zumba, Swimming, Drumming/Percussion, Sing along, Drama Outings and local shopping.
The funding we receive from JTI is for agreed activities as stipulated in our contract with them. Any funds not spent within the year are either carried forward or allocated to a different activity with permission from JTI. Activities include: Fishing, Drama, Gardening and Creative Writing.
FINANCIAL REVIEW
Reserves policy
The company ensures it has approximately 3 months running costs and adequate redundancy costs for its staff in reserve.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The Company may by ordinary resolution appoint a person who is willing to act as a director and determine the rotation in which any additional directors as to retire.
At each general meeting all of the directors must retire from office, but may put themselves forward for re-appointment.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07473593 (England and Wales)
Registered Charity number
1141871
Registered office
The Shaw Centre c/o Redbank House 4 St Chad;s Street, Cheetham Manchester Greater Manchester M8 8QA
Page 1
THE SHAW CENTRE
REPORT OF THE TRUSTEES
for the Year Ended 31 March 2023
Trustees
Mr D Williams Trustee J Dale Trustee Mr D R Laughlin Trustee Ms L Farrand
Company Secretary
Ms D Crosby
Independent Examiner
Colin Wilkinson Cadishead Accountancy Services Limited Britannic House 657 Liverpool Road Irlam Manchester Lancashire M44 5XD
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 25 September 2023 and signed on its behalf by:
Ms D Crosby - Secretary
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SHAW CENTRE
Independent examiner's report to the trustees of The Shaw Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
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
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.
Colin Wilkinson
Cadishead Accountancy Services Limited Britannic House 657 Liverpool Road Irlam Manchester Lancashire M44 5XD
25 September 2023
Page 3
THE SHAW CENTRE
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Charitable activities Shaw centre project 200,386 Older persons project - Other trading activities 2 38,988 Investment income 3 - Total 239,374 EXPENDITURE ON Charitable activities Shaw centre project 228,491 JTI - Wellbeing - Total 228,491 NET INCOME/(EXPENDITURE) 10,883 RECONCILIATION OF FUNDS Total funds brought forward 130,532 TOTAL FUNDS CARRIED FORWARD 141,415 |
Restricted funds £ - - - - - - - 4,159 48 4,207 (4,207) 7,497 3,290 |
31.3.23 Total funds £ - 200,386 - 38,988 - 239,374 228,491 4,159 48 232,698 6,676 138,029 144,705 |
31.3.22 Total funds £ 8,649 182,658 7,650 40,436 130 |
|---|---|---|---|
| 239,523 | |||
| 210,343 8,955 48 |
|||
| 219,346 | |||
| 20,177 117,852 |
|||
| 138,029 |
The notes form part of these financial statements
Page 4
THE SHAW CENTRE
STATEMENT OF FINANCIAL POSITION 31 March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 8 786 CURRENT ASSETS Prepayments and accrued income 17,276 Cash at bank and in hand 163,986 181,262 CREDITORS Amounts falling due within one year 9 (40,633) NET CURRENT ASSETS 140,629 TOTAL ASSETS LESS CURRENT LIABILITIES 141,415 NET ASSETS 141,415 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 3,290 3,290 - 3,290 3,290 3,290 |
31.3.23 Total funds £ 786 17,276 167,276 184,552 (40,633) 143,919 144,705 144,705 141,415 3,290 144,705 |
31.3.22 Total funds £ 232 14,866 149,995 164,861 (27,064) 137,797 138,029 138,029 130,532 7,497 138,029 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.
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 25 September 2023 and were signed on its behalf by:
Mr D Williams - Trustee
The notes form part of these financial statements
Page 5
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023
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.
Plant and machinery - 33% on cost Fixtures and fittings - 25% on cost
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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.
Page 6
continued...
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Other income and donations | 2,532 | 4,383 |
| Day care income | 36,017 | 34,520 |
| Book fund | 439 | 1,533 |
| 38,988 | 40,436 | |
| INVESTMENT INCOME | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Deposit account interest | - | 130 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Depreciation - owned assets | 282 | 229 |
| Other operating leases | 27,592 | 26,278 |
3. INVESTMENT INCOME
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Finance Support |
31.3.23 - 6 6 |
31.3.22 1 5 |
|---|---|---|
| 6 |
No employees received emoluments in excess of £60,000.
continued...
Page 7
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies - Charitable activities Shaw centre project 182,658 Older persons project 7,650 Other trading activities 40,436 Investment income 130 Total 230,874 EXPENDITURE ON Charitable activities Shaw centre project 210,343 JTI - Wellbeing - Total 210,343 NET INCOME/(EXPENDITURE) 20,531 RECONCILIATION OF FUNDS Total funds brought forward 110,001 TOTAL FUNDS CARRIED FORWARD 130,532 |
Restricted funds £ 8,649 - - - - 8,649 - 8,955 48 9,003 (354) 7,851 7,497 |
Total funds £ 8,649 182,658 7,650 40,436 130 |
|---|---|---|
| 239,523 | ||
| 210,343 8,955 48 |
||
| 219,346 | ||
| 20,177 117,852 |
||
| 138,029 |
continued...
Page 8
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023
8. TANGIBLE FIXED ASSETS
| Plant and machinery £ COST At 1 April 2022 614 Additions - At 31 March 2023 614 DEPRECIATION At 1 April 2022 502 Charge for year 3 At 31 March 2023 505 NET BOOK VALUE At 31 March 2023 109 At 31 March 2022 112 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Accruals and deferred income 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year 11. MOVEMENT IN FUNDS At 1.4.22 £ Unrestricted funds General fund 130,532 Restricted funds Wellbeing Fund 48 JTI 7,449 7,497 TOTAL FUNDS 138,029 |
Fixtures and fittings £ 1,678 836 2,514 1,558 279 1,837 677 120 31.3.23 £ 1,558 39,075 40,633 31.3.23 £ 27,592 Net movement in funds £ 10,883 (48) (4,159) (4,207) 6,676 |
Totals £ 2,292 836 3,128 2,060 282 2,342 786 232 31.3.22 £ 4,320 22,744 27,064 31.3.22 £ 26,278 At 31.3.23 £ 141,415 - 3,290 |
|---|---|---|
| 3,290 | ||
| 144,705 |
continued...
Page 9
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 239,374 Restricted funds Wellbeing Fund - JTI - - TOTAL FUNDS 239,374 Comparatives for movement in funds At 1.4.21 £ Unrestricted funds General fund 110,001 Restricted funds Wellbeing Fund 96 JTI 7,755 7,851 TOTAL FUNDS 117,852 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 230,874 Restricted funds Wellbeing Fund - JTI 8,649 8,649 TOTAL FUNDS 239,523 |
Resources Movement expended in funds £ £ (228,491) 10,883 (48) (48) (4,159) (4,159) (4,207) (4,207) (232,698) 6,676 Net movement At in funds 31.3.22 £ £ 20,531 130,532 (48) 48 (306) 7,449 (354) 7,497 20,177 138,029 Resources Movement expended in funds £ £ (210,343) 20,531 (48) (48) (8,955) (306) (9,003) (354) (219,346) 20,177 |
|---|---|
continued...
Page 10
THE SHAW CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Wellbeing Fund JTI TOTAL FUNDS |
At 1.4.21 £ 110,001 96 7,755 7,851 117,852 |
Net movement in funds £ 31,414 (96) (4,465) (4,561) 26,853 |
At 31.3.23 £ 141,415 - 3,290 |
|---|---|---|---|
| 3,290 | |||
| 144,705 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Wellbeing Fund JTI TOTAL FUNDS |
Incoming resources £ 470,248 - 8,649 8,649 478,897 |
Resources Movement expended in funds £ £ (438,834) 31,414 (96) (96) (13,114) (4,465) (13,210) (4,561) (452,044) 26,853 |
Resources Movement expended in funds £ £ (438,834) 31,414 (96) (96) (13,114) (4,465) (13,210) (4,561) (452,044) 26,853 |
|---|---|---|---|
| (4,561) | |||
| 26,853 |
The funding we receive from JTI is for agreed activities as stipulated in our contract with them. Any funds not spent within the year are either carried forward or allocated to a different activity with permission from JTI. Activities include: Fishing, Drama, Gardening and Creative Writing.
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 11
THE SHAW CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| JTI | - | 8,649 |
| Other trading activities | ||
| Other income and donations | 2,532 | 4,383 |
| Day care income | 36,017 | 34,520 |
| Book fund | 439 | 1,533 |
| 38,988 | 40,436 | |
| Investment income | ||
| Deposit account interest | - | 130 |
| Charitable activities | ||
| Grants | 200,386 | 190,308 |
| Total incoming resources | 239,374 | 239,523 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Advertising | 147 | 1,026 |
| Finance | ||
| Plant and machinery | 3 | 112 |
| Fixtures and fittings | 279 | 117 |
| 282 | 229 | |
| Human resources | ||
| Wages | 113,517 | 108,856 |
| Social security | 3,598 | 3,165 |
| Pensions | 13,665 | 11,684 |
| Agency Carers/Cleaners | 1,750 | 7,222 |
| Training costs | 169 | 305 |
| 132,699 | 131,232 | |
| Other | ||
| Other operating leases | 27,592 | 26,278 |
| Professional fees | 1,737 | 2,503 |
| Insurance | 2,655 | 2,101 |
| Telephone | 1,695 | 1,700 |
| Postage and stationery | 198 | 724 |
| Sundries | 1,421 | 823 |
| Book Fund | 85 | 1,340 |
| Carried forward | 35,383 | 35,469 |
This page does not form part of the statutory financial statements
Page 12
THE SHAW CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023 |
||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Other | ||
| Brought forward | 35,383 | 35,469 |
| Repairs and renewals | 529 | 1,706 |
| Subscriptions | 1,183 | 576 |
| Travelling costs | 518 | 216 |
| Cleaning | 801 | 1,187 |
| Outgoings and activities | 7,684 | 9,288 |
| Food and welfare | 3,032 | 790 |
| Hospitality | - | 20 |
| Day care costs | 35,210 | 34,042 |
| Reopening Costs | - | 145 |
| 84,340 | 83,439 | |
| Governance costs | ||
| Bookkeeping costs | 11,600 | - |
| Accountancy and legal fees | 3,630 | 3,420 |
| 15,230 | 3,420 | |
| Total resources expended | 232,698 | 219,346 |
| Net income | 6,676 | 20,177 |
This page does not form part of the statutory financial statements
Page 13