**Charity Registration Number: 1143571**
## **SPRINGHEAD COMMUNITY CENTRE**
**A Charitable Incorporated Organisation (CIO)**
**TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS For The Year Ended 31 March 2023**
## **SPRINGHEAD COMMUNITY CENTRE**
## **CONTENTS**
||**Page**|
|---|---|
|Members of the Board and Professional Advisers|2|
|Trustees Annual Report|3-6|
|Independent Examiner’s Report|7|
|Receipts and Payments Accounts|8|
|Statement of Assets and Liabilities|9|
|Notes to the Financial Statements|10-11|
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## **SPRINGHEAD COMMUNITY CENTRE**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS**
|**Registered Charity Name**|Springhead Community Centre CIO|
|---|---|
|**Charity Number**|1143571|
|**Registered Office**|Springhead Village Hall & Community Centre|
||Ashes Lane|
||Springhead|
||Saddleworth|
||Oldham|
||OL4 4PF|
|**Trustees**|Barbara Anne Beeley (Chair)|
||Lee John Jackson|
||Annie Patricia Lord|
||Roy Edward Smith (Treasurer)|
||Jacqueline Jackson|
||Alison Taylor|
|**Independent Examiner**|Community Accounting Lancashire C.I.C.|
||Foxfields|
||9 Norley Close|
||Chadderton|
||Oldham|
||OL1 2RA|
|**Bankers**|Barclays Bank PLC|
||1 Churchill Place|
||London|
||E14 5HP|
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||**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date|||
|||Day
01|Month
April|Year
2022||Day
31|Month
March|Year
2023|
Section A Reference and administration details
**Charity name** Springhead Community Centre CIO **Other names charity is known by** Formerly Springhead Management Company Ltd. **Registered charity number (if any)** 1143571 **Charity's principal address** Springhead Village Hall & Community Centre Ashes Lane Springhead Oldham **Postcode** OL4 4PF
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
|---|---|---|---|---|
||Barbara Beeley|Chair|||
||RoySmith|Treasurer|||
||Lee Jackson||||
||Jackie Jackson|Secretary|||
||Annie Patricia Lord||||
||Alison Jayne Taylor||||
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Accountant**|Community Accounting Lancashire C.I.C|Foxfields, 9 Norley Close
Chadderton, Oldham, OL1 2RA|
|**Bankers**|Barclays||
||||
## **Name of chief executive or names of senior staff members (Optional information)**
- 3 -
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Constitution
(eg. trust deed, constitution)
Association
How the charity is constituted (eg. trust, association, company) Appointed by existing Trustees Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
We have informal contacts with other community charities in the area to discuss problems and opportunities.
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C**
## **Objectives and activities**
Springhead Community Centre is a thriving hub of the community, managed for the benefit of the citizens of Oldham in general, and of Springhead and the surrounding area in particular.
**Summary of the objects of the charity set out in its governing document**
We see it as a base for other voluntary organisations in the area, and as a facility promoting health through exercise and social interaction for our older citizens.
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Hiring out of the Community Centre to organisations and individuals for such activities that can take place within the Community Centre. These currently include, a pre-school nursery, line dancing, karate, table tennis for pensioners, league players and families, a ladies choir, art group, Yoga and 8 other groups. These are all regular bookings. As well as these groups we have groups run by the Community Centre team, these include indoor bowling, silk painting, whist and table tennis. We are the only Community Centre in Oldham which has an indoor rifle **Summary of the main** range and we are home to two organised Rifle clubs. **activities undertaken for the public benefit in relation to** The building is also used as a polling station. **these objects (include within this section the statutory** The Community Centre also runs events to raise money for the upkeep of **declaration that trustees have** the building, these are mainly one-off events such as brass band **had regard to the guidance** concerts and quiz nights. We have weekly Saturday morning drop ins **issued by the Charity** where families are encouraged to come and play table tennis and enjoy **Commission on public** socialising over a bacon sandwich. **benefit)** As we are in the middle of a residential area we try to meet regularly with the neighbours to ensure everything runs smoothly. The trustees have regard to the guidance issued by the Charity Commission on public benefit, and discuss this at our trustees meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include Springhead Community Centre CIO is run entirely by volunteers. further statements, where relevant, about:
- policy on grantmaking;
- � policy programme related investment;
- � contribution made by volunteers.
## Section D Achievements and performance
Springhead Community Centre tries to achieve full usage of the premises **Summary of the main** in order to generate income to maintain and improve the building. **achievements of the charity during the year** We now have two table tennis teams who compete in the local league, and a thriving jigsaw swap group.
We take advantage of the local press and social media to publicise the venue to ensure that people are aware of what activities are available at the centre. We also have an up to date web site. We have volunteer days to repair and refurbish parts of the building re painting and maintenance, which is 110 years old.
- 5 -
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
We maintain 6 months running costs when planning future spending to cover potential loss of income should the building become unavailable for use.
**Details of any funds materially in deficit**
None
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
Deficit for this year, for the year ended 31 March 2023 was (£1,386), with a surplus of £14,534 in the previous year.
Total reserves held as at 31 March 2023 were £50,878 (2022: £52,264) being unrestricted free reserves of £41,635 (2022: £44,301) and restricted funds of £9,243 (2022: £7,963).
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## **Signature(s)**
|**Full name(s)**
**Position (eg Secretary, Chair,**
**etc)**
**Date**|ROY E SMITH||
|---|---|---|
||||
||TREASURER||
||12thOctober 2023||
||12thOctober 2023||
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## **SPRINGHEAD COMMUNITY CENTRE**
## **REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF SPRINGHEAD COMMUNITY CENTRE**
## **YEAR ENDED 31 MARCH 2023**
I report on the accounts for the year ended 31 March 2023 set out on pages 8 to 11.
## **Respective Responsibilities of Trustees and Examiner**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity’s trustees consider an audit is not required for this year under section 144 of the 2011 Act, and that an independent examination is needed.
It is my responsibility as independent examiner to:
- ~ examine the accounts under section 145 of the 2011 Act
- ~ follow the applicable Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act, and
- ~ to state whether particular matters have come to my attention
## **Basis of Independent Examiners Report**
My examination was carried out in accordance with the Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent Examiners Statement**
I have completed my examination for the year ended 31 March 2023.
I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- ~ accounting records were not kept in accordance with section 130 of the 2011 Act or
- ~ the accounts do not accord with the accounting records to comply with the accounting requirements of the 2011 Act
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
12[th] October 2023
## **Miss Jacqueline Bird F.M.A.A.T.**
Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2RA
- 7 -
## **SPRINGHEAD COMMUNITY CENTRE**
## **RECEIPTS AND PAYMENTS ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**RECEIPTS**
**_Notes_**
**£**
**£**
Grants
**_2_**
-
3,908
Donations
**_3_**
714
270
Rental Income
20,903
-
Events
606
-
Book Sales
33
-
Sundries
-
-
Other Income
**_4_**
-
-
Interest Received
50
-
**TOTAL RECEIPTS**
**22,306**
**4,178**
**PAYMENTS**
Donations Made
57
-
Events Costs
993
-
Community Groups Costs
445
31
Refreshments
135
-
Repairs & Maintenance
2,718
50
Refurbishment Costs (Inside)
-
-
Refurbishment Costs (Outside & Gardens)
9,305
2,817
Insurance
1,551
-
Rates
394
-
Utilities (Power, Heating & Water)
2,916
-
Accounts Software & IT Consumables
349
-
Advertising & Marketing
40
-
Telephone & Internet
854
-
Postage, Printing & Stationery
47
-
Refuse Collections
477
-
Cleaning Materials & Windows
556
-
Volunteer Cleaning Costs
3,640
-
Training
-
-
Licences & Subscriptions
-
-
Professional Fees
-
-
Accountancy Fees
495
-
General Expenses & Miscellaneous
-
-
**TOTAL PAYMENTS**
**24,972**
**2,898**
**Net of receipts/(payments)**
**(2,666)**
**1,280**
Cash funds at 31 March 2022
44,301
7,963
**Cash funds at 31 March 2023**
**_5_**
**41,635**
**9,243**|**Total**
**Funds**
**2023**
**£**
3,908
984
20,903
606
33
-
-
50
**26,484**
57
993
476
135
2,768
-
12,122
1,551
394
2,916
349
40
854
47
477
556
3,640
-
-
-
495
-
**27,870**
**(1,386)**
52,264
**50,878**|**Total**
**Funds**
**2022**
**£**
10,200
150
17,317
643
-
22
10,667
1
**39,000**
1,846
412
535
69
2,157
5,153
2,500
1,516
201
2,884
391
-
1,230
-
446
559
3,600
-
132
60
775
-
**24,466**
**14,534**
37,730
**52,264**|
|---|---|---|
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## **SPRINGHEAD COMMUNITY CENTRE**
## **STATEMENT OF ASSETS AND LIABILITES**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
**CASH FUNDS**
Bank (Current)
2,486
9,243
Bank (Deposit)
38,473
-
Petty Cash
676
-
**41,635**
**9,243**
**LIABILITIES**
Fee for Independent Examination
Additional Accounts Work Completed|**Total**
**Funds**
**2023**
**£**
**11,729**
**38,473**
**676**
**50,878**
**2023**
**£**
**595**
**-**
**595**|**Total**
**Funds**
**2022**
**£**
**36,058**
**15,701**
**505**
**52,264**
**2022**
**£**
**495**
**-**
**495**|
|---|---|---|
||||
The financial statements were approved by the Board of Trustees on the 12[th] of October 2023 and signed on their behalf by:
Roy E Smith **Trustee**
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## **SPRINGHEAD COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **1. Receipts and payments accounts**
Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.
## **2. Grants Received**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Co-Op Community Grants_(Gardening)_
-
3,908
Action Together (_She Sheds_)
-
-
Local Improvement Fund (LIF)
-
-
**-**
**3,908**|**Total**
**Funds**
**2023**
**£**
3,908
-
-
**3,908**|**Total**
**Funds**
**2022**
**£**
-
200
10,000|
|---|---|---|
|||**10,200**|
## **3. Donations Received**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
She Sheds
-
60
Roof Fund
-
160
Replacement Tables
-
50
General Donations
714
-
**714**
**270**
**ther Income**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Omicron Hospitality & Leisure Grant
-
-
Covid-19 Restart Grant
-
-
Local Restrictions Support Grant
-
-
**-**
**-**|**Total**
**Funds**
**2023**
**£**
60
160
50
714
**984**
**Total**
**Funds**
**2023**
**£**
-
-
-
**-**|**Total**
**Funds**
**2022**
**£**
-
-
-
150|
|---|---|---|
|||**150**|
|||**Total**
**Funds**
**2022**
**£**
2,667
8,000
-|
|||**10,667**|
**4. Other Income**
In the period from the 1[st] of April 2022 to the 31[st] of March 2023 the charity did not receive any Government Grants.
In the previous year the charity benefitted from a total of £10,667 from Government Grants, being £2,667 from the Omicron Hospitality & Leisure Grant and £8,000 from the Covid-19 Restart Grant.
In accordance with accounting policy, these credits were included in ‘Other Income’ within the ‘Receipts and Payments Accounts” in the period for which they compensate.
- 10 -
## **SPRINGHEAD COMMUNITY CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **5. Funds Analysis**
|**unds Analysis**||||||
|---|---|---|---|---|---|
||**Balance as**||**Incoming**|**Resources**|**Balance as**|
||**at 1 April**||**Resources**|**Expended**|**at 31 March**|
|||**2022**|||**2023**|
|||**£**|**£**|**£**|**£**|
|**Unrestricted Funds**|**44,301**||**22,306**|**(24,972)**|**41,635**|
|**Restricted Funds**||||||
|Co-Op Community Grant_(Gardening)_||-|3,908|(1,407)|2,501|
|Action Together Grant & Donations (_She Sheds_)||200|60|-|260|
|Roof Fund Donations||-|160|-|160|
|Replacement Tables Donation||-|50|(50)|-|
|Local Improvement Fund (LIF) Grant||7,500|-|(1,410)|6,090|
|Action Together Fast Grant_(Gardens)_||217|-|-|217|
|Action Together Fast Grant_(Table Tennis)_||46|-|(31)|15|
|**Total Restricted Funds**||**7,963**|**4,178**|**(2,898)**|**9,243**|
|**Total Funds**|**52,264**||**26,484**|**(27,870)**|**50,878**|
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