**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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 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