Jt..J.' .. Firthmoor & District Community Association Annual Report 2023 - 2024 Firthmoor District CommuriiLy' Association ¥-.
Contents Firthmoor and District Community Association IA charitable company limited by guarantee) Registered Charity Number: 1144955 Registered Company Number: 07842311 Section . Page No Charity Information Report of the Trustees 16 Report of the Independent Examiners 17 Statement of Financial Attivities 19 Balance Sheet 20 Cash Flow Statement 21 Notes to the Financial Statements 22 Detailed Statement of Financial Activities 32
Charity Objectives.... An extract from our Articles of Association l. To promote the benefit of the inhabitants of Firthmoor and Lascelles Park and the Neighbourhood thereof without distinction of sex, sexual orientstion, race or of political, religious or other Options, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and other leisure-time occupations with the object of improving the onditions of life forthe said inhabitants. 2. To establish or secure the establishment of a Community Centre and to maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects The area in which we operate general overview: Firthmoor Community Centre is located in Eastbourne Ward in the southeast of Darlington, the majority of which is comprised of the Firthmoor Estate. Eastbourne is ranked 664th {wor5t 8% nationally) in the Government's Index of Multiple Deprivation (estimated using combined LSOA scores). The area ha5 a population of 5,780 residents in 2,660 households. 22.4% of the population is aged under 16 with 19.3% over the age of retirement. compared with 19.5% and 18.6% nationally. The proportion of the population from ethnic minorities is 2.2% compared with 2.1% in Darlington and 8.70/0 in Engjand in Wales. The unemployment rate in Eastbourne is 5.2%, the fourth highest in Darlington compared to the overall Darlington figure of 4%. Youth unemployment in Eastboume is the fourth worst in Darlington, with 38.8% of unemploved oeople aged between 18-24. 25.6% of the working age population receive key benefits, with 28.5% of children living in low-income households, the eleventh worst in Darlington. Eastbourne has the second highest proportion of single parent households in Darlington at 5.1%. Eastbourne also has the biggest problem with dental health among n.-1dren, with an average of 3.5% decayed, missing or filled teeth Idmft). The Vrd also has the highest rate of teenage pregnancies in the town. Educational attainment is low, with results at Key Stage 2 beingthe worst in Darlington, along with the lowest level of adults in further education14.6%). Only 5% of people aged 18 to 20 progress to university.
Eastbourne has levels of car ownership that are significantly lower than the national rate, with 42.0% of households not owning a car, compared to 26.8% nationally. House prices have stagnated, and the average pri of a property in Eastbourne is £104,300. which is ranked as joint eighth in Darlington (along with Park East). A third of houses in Eastbourne are rented from social landlords. The report... Report of the Trustees for the Year Ended 31 March 2024. The trustees present their report with the linancial statements of the charity for the period ended 31" March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the charity's articles, the Charity's Act 1993 and the statement of recommended practice ISORP): Accounting and Reporting by Charities 2005.
Its an honour to have served my first year as the Chair of the Board. As we reflect on the past year, it is clear that our organisation has experienced a period of remarkable growth and achievement. The year has been marked by a series of signtficant milestones and successes. We have witnessed a resurgence in our core operations, such as increased revenue, new partnerships. and successful projects with NGage. These accomplishments are a testament to the dedication and hard work of our talented team, whose unwavering commitment has been instrumental in driving our progress. Perhaps most notably, the past year has solidified our position as one of the most successful periods since the challenges posed by the COVID-19 pandemic. We have not only recovered from the setbacks of the past, but we have emerged stronger and more resilient than ever before. As we move forward, l am confident that our organisation is well-positioned to capitalize on the opportunities that lie ahead. We have a strong foundation, a talented team, and a clear vision for the future. Together, we will continue to push the boundaries of innovation, deliver exceptional results, and 501idify our position as a leader in our industry. Thank you for your continued support and dedication. I look forward to working with each of you to build upon our succe55e5 and create an even brighter future for our organisation. ryrftrrp Jessica Connors Chair of Trustees
Head of Charity Operations The past finanaal year h3s presented significant challenges for our charity due to a confluence of economic factors. Rising energy prices, a 9.8% increase in the national living wage, and persistent inflationary pre55ure5 have significantly imparted our operational costs. The sharp rise in energy prices has had a particularly detrimental effect on our budget. A% a result, we have had to implement energy-saving measures, such as reducing heating and lighting usage, to mitigate the impact on our finan5. While these measures have helped to alleviate some of the burden. they have not been SLrfficient to completely offset the increased costs. The increase in the national living wage, while necessary to support workers, has also contributed to higher labour costs. Thi5 has put pressure on our overall budget and forced us to reassess our Staffing leve15 and wage structures. Additionally, the ongoing inflationary pressures have led to higher costs for our café provisions, making it challenging to maintain profitability in this area. Desplte the economic challenges, our charity has also experienced several positive developments during the past financial year. One significant achievement was the long-tem) lease of our centre to N-Gage Alternative Provision. This partnership has not only provided a stable source of income but has also allowed us to contribute to the education and well-being of young people in our community. Additionally. we demonstrated our commitment to supporting local schools by stepping in to host temporary classrooms for St Tere5a Primary School while they underwent emergency roof repairs. This initiative alSowed the school to continue providing education to its students without interruption and showcased our dedication to the cornmunity we serve. Jonathan Dulston Head of Charity Operations
Who uses our centre? Since the centre was built in 2004, we have continued to attract projects, services and businesses that enhance our community. We are delighted thatthis year has been one of the most diverse for services we offer our members. Please see a full list of our clients. Joanne Lowe Academy of Dance Slimming World Councillor Ward Surgeries Darllngton Borough Council- Activitses Programme Tool Library Service N- Gage Learning Group NHS- National Childminders NHS-Cardiac Rehabilitation National Blood Servios (NHS) Cltizens Advice The Bread & Butter Thlng Over 51Ys Group Pollce PACT Exercise classes. Cockerton Pharmacy Hyder Dentsl Prartice NHS Hearing Screenlng Clinics DBC- Early Help Team Locomotive Security Community Association Projects... Maidendale Nursery In line with government legislation our nursery has been c105ed fora large proportion of this reporting period. We have howeverbeen able tosupport keyworkerfamilies with continuing to provide services. We recognised early on during this pandemic that we had a responsibility more than ever before to step up and prowde for our communsty. Our committed staff team remained professional and dedicated to the service we provided, often during periods of increased anxiety as the national and local Covid-19 rates were accelerating. Despite the challenges we havefaced as a charity by the national restrictions and lockdowns we have enefited financially by the government fin&.. :al support packages. We have received several lockdown grants over the last year along with utilising the furlough scheme and more recently the flexible furlough scheme as we have stated to reopr,.
The Nursery continues to be overseen by our head of children and young people who is "suppofted by a deputy"nursery manager and-3 Senior nursery practitioners. In addits'on to this we employ 20 childcare practitioners and at the time of writing this report we had 165 children enrolled within our nursery. Community Cafe Due to government legislation our café has had to close for a significant period over the last year. We have however remained open to produce hot meals to our nursery for the children who were attending under the key worker criteria. In addition to this, the café has also provided hot nutritious meals for 120 young peripli as part of Darlington Borough Council's Easer activities programme. Whilst in lockdown we took the opportunity to refurbish and re paint the cafe kitchen. This investment has given the kitchen a fresh clean and professional feel which has been received well by staff and service users alike. In addition to this we have also made a number of investments in equipment by purchasing a new 2-barrel fryer, a new commercial range cooker and an industrial microwave. This investrnent is part of our plans to develop our menu and service in the coming year. Despite the challenge5 we have face as a charity by the national restrictions and lockdowns we have benefited financially by the government financing support packages. We have received several lockdown grants over the lastyear along with utilising the furlough scheme and more recentlythe flexible furlough scheme as we have stated to reopen. Community Fun Days, Trips & Social Evenlngs and Firthmoor UVE Due to government legislation, wetookthe decision to suspend our activities programme until further notice however we continue to engage with our community via our social media platForms to understand and tease their appetite for future event. Whilst ourtrips programme will not start until summer 2024, we are already starting to make plans for Firthmoor LIVE 2024 which will be a 2-day event. Online Presence & Digital Services This technology enables our memberto receive news, discounts, and information in real time via our database of member's numbers. We also use the service to set reminders for our Trustees, meeting53nd to send important message to employees. All you neea to do is register your mobile phone numberwith the charity to receive updates.
Fundraising & Support Projects... Firthmoor Food Bank During the last year we have stepped up for our community and become a COVID-19 support hub where we have been able to help our residents with essential items. we supported over 600 residents with food parcels during the hight of the pandemic which provided over 1,000 meals. In addition to food support, wewere also able to support those who were clinicallyvulnerable and shielding. We collected prescriptions for people along with collecting shopping for those most clinically vulnerable. Firthmoor Food Bank provides emergency food parcels to people in cri515. Our food bank is completely self-sustaining and relies on donations from individuals and groups. Our partnership working with groups such as our local Slimming World, local supermarkets and schools have supported the sustsinability of this service. Volunteer Programme There is sound evidencethat volunteering brings benefitsto both the person volunteering and the people and organisations they support. We have developed a strong volunteer database this year. We have focused on supporting key activities within the charity whilst also supporting individuals to gain confidence and experience in those roles and we are pleased to report that our volunteer numbers are increasing steadily. The Bread & Butter Thing We are delighted that we have been able to work in partnership wth the bread and butter thing over the last year by providing room hire along with a fantastic team of volunteers. This great project works with corporate food suppliers to save and redistribute food that would have gone to landfill. Residents who user the Service receive approximately £35 work of shopping for £7.50. So far, the project has delivered 5,IXIO food parcels to families serving approximately 80 families per weel This has saved 24 tonnes of food from going to landfill and provided an astonishing 51KI,(KIO meals. For more information of the great work of this project please visit. WWW.TJreadandbutterthin .or Organisational Structure & Business Model Organisatlonal Report of the Association, for the Year Ended 31" March 2024 Firthmoor & District Community Association 15 a voluntary group, run by local people who own and are responsible for maintaining Firthmoor Community Centre. The charity provides support and delivers essential community service5 for local people in Firthmoor we are passionate about our community.
All our charitable activities focus on the provision of social, educational and leisure time activities, either directly or in partnership with others, to further our charitable purposes and aims forthe public benefit andto enhancethe wellbeing of our local community- We continue to develop new organisational structures, inspirational leadership and drive a newcommunity culture. We aim to continually improve the overall efficiency and effectiveness of our charity. Working closely with the Chairman, the Head of Charity Operations and Head of children 7 young people are responsible for the day-to-day operational management of the charity and individual supervision of employees. The Chief Officer also ensures that the employee team continues to develop skills and working standards in line with good prattice and legislation. Firthmoor & Distritt Community Association has a strategic change initiative to create the best Community Centre in Darlington," an organisation capable of delivering community service5 at the grass roots. We want everyone to be involved in maintaining a great community building in the smartest and most efficientway possible. Our community's expectations continue to growand in order that we meet those challenges, changes and expettations, every element of our charity will need to adapt to ensure we are set up to succeed. This year we have started a fantastic partnership with N-Gage which aims to support young peopleto bethe besttheycan be.The boxing club runson an eveningalongwith competitions on a weekend. N-Gage also has an alternative education arm to its businesswhich runs during the day. 10
Our Vision The charity's wslon is summorised 0$." 'To be widely recognised as the best community charity in Darlington, where we create unique community experiences that our members, residents and employees feel proud io be a part of, Our Values Accountability Communication Innovation Efficiency Trusting 'own it, 'discuss It, 'creote it, 'do It, 'believe it, Our Strdtegic Priorities The prioritiei thot will help ochieve the vision are.- rf inspiring ouremployees- developing a culture that engages our employees. promoting clear values and behaviours," creating systems and processes that keep our employees up to date, on board and part of our journey; ensuring consistenci, fairness, and ownership. Making ¢7 drfftrence to our community- maintaining and enhancing our reputation as a great pla to be; delivering high qualitv standards that deliver a unique and prattical benefit to local people, businesses, and our members. strengthening our leadership model- maintaining our current methods of governance- reviewing our impatt and effectiveness in ensuring the stability of the administration; providing good governance and leadership by exercising effective controls; being open and accountable.
O Building a sustoinable fvture - supporting our long-term future and our ability to improve our facilities. services, and effettTrveness by optimising any income surplus by building and growing our business in order to better support our community in a socially responsible way We review our aims, objectives, and activitie5 each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The reviewfocuses on the successes of each of the keyactivities of our charity and the benefits they have brought to the people we are here to support. The review also helps us ensure our aims, objectives and attivities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives in planning our future attivities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set and how they most benefit the community. The focus of our work Our main objectives for the year continued to be to advance education and to provide facilities in the interests of social Vlfare. The strategies we used to meet these objectives included: O Working in partnership with other5 to provide a range of services and activities for local people Building upon our service delivery to provide an excellent customer- focused environment for our users and members, who access the ntre daily rf Ensuring an environment where people want to spend more of theirsocial and recreational time, whilst providing healthy meals at affordable prices vvorkinE towards fully maintaining our self-sustaining community centre free from a further dependence on grant funding O Promotingthe advancement of education and health through the provision of an in-house nursery and dental practi 12
Recruitment, appointment and induction of trustees We regularly advertise for vacancies on the board through our website, Facebook page and via our community newsletter. We are also signed up to the local community voluntary service network. Our new trustees are elerted at the AGM for a one-year term and are eligible for re- elettion each year, with no term limit. Trustees elected at the AGM can reside in any area of Darlington. Those wishing to be co-opted on to the board during the year must be a resident of the council wards of Eastbourne and Lascelles. There are four officer positions available for eleciion at each AGM. Honorary Officers are elected and the positions are Chairman, Deptjty Chairman. Treasurer and Secretary. Applications for trusteeship must be received before the meeting and 3 twenty-one day general notice of this requirement is given. All our new trustees will be familiari5ed with the practical work of the Charity and how the Community Centre is managed. The Chief Officer. in partnership with the secretary, is responsible for arranging induttFon sessions for new trustees, which involves issuing email accounts, ID Badges. explaining the structures of the Charity, its constitutional workings, and its current range of business acttvities. Thi5 includes a deep dive into the accounts and business plans. All trustees are required to sign the code of conduct and agreeto our'good governance, policy statement. Training is carried out as appropriate and, where necessary, guidance is updated or recommended. How our activities deliver public benefit All our charitable activities focus on the provision of social, educational and leisure time activities, either directly or in partnership with others, to further our charitable purposes for the public benefit and to enhance the wellbeing of our local community. Who uses and benefits from our servi5 Firthmoor Community Centre provides services and activitres that support people to reach their full potential. An importantfirst step in providingthe services thatwill benefit people's lives is in understanding the 'needs' that exist in the local communitv and how !l?nra '.- could best be met. From this starting point services and activities can then be established, alone or in partnership with our community. We are committed to ensuring our community improves and builds upon opportunities. 13
Aside from the income generated from groups who use the Comrnunity Centre as a base to provide social and recreational activities, the principal funding sources for the charity are now derived from our in-house childcare operations and room hire income. Following constraints on local authority funding in Darlington, which led to all Subsidies to Community Centres being cut to zero. the charity has to ensure all income to cover running costs is derived from business activities e.g. room/office hire charges, nursery places. café sales etc. Aside from retaining a prudent amount of working capital. the charity has no funds to invest. If the charity had suffi'cient resources available Trustees would consider the Options available, however, at this presenttimethe Management Committee has decided to focus resources towards a continued cycle of repair and renewal of the building until such time as large surpluses can be accumulated for future planned investments. In order to highlight any risks to the organisation, the Board of Trustees and Chief Officer continually examine the charity's cash flow and reserves through regular budget reviews and updates, led by the treasurer. The charity has established polites Wlth regards to finance, employee relations and operational health and safety, which are reviewed annually by the secretary. Where appropriate, systems or prOdureS have also been established to mitigate the risks the charity faces. In the past the charity used to be highly dependent on grant income, however, business income now forms all of the charity's resources, so emphasis on where the risks lie has changed. Greater attention is now being placed not just on how we conduct our business, but with an emphasis on developing a strong leadership team, with accountable and dynamic managers. The charity's current serveS statement and operational direttion is to maintain sufficient working capital and manage cash flow to meet any known commitments. In most cases, the charity's annual expenditure budgets are not executed until preditted income budgetary targets have been achieved. This approach has been adopted to ensure that there is a sufficient flow of cash to meet known commitments. The charity has a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure. procedures are ?Iso in place to ensure compliance with health and safety of staff, volunteers, clients. and visitors to the centre. 14
As part of the annual budget approved each April, the charty treasurer, on behalf of the trustees, condutts a review of the approved budget each October. Where appropriate, amendments will be made to ensure that any risks are identified in all our operations. alJs,for.F,UtureiP This coming year will be about going back to basic and re shaping the way we deliver our services to the community. We hope to enhance our activities, trips and theatre across the centre. In addition to this we will relocate our reception are and make way for our new dedicated SEND unit which will increase the capacity of our nurse4ry provision. 15
Firthmoor and District Communi Association rt of the Trustees for the Year Ended 31 Mareh 2024 The trustees who are also directors of the charity for the purposes of ihe Companies Act 2006. present their report with th¢ financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their aecounts in accordance kviih the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {effecÉive l January 2019). STRA TEGIC REPORT STRUCTURE, GOVERNANCE AND MANAGEMENT GoverDing documettt The charity is controlled by its goveming docurnent, a deed of trust, and constitutes a limited company, limid by guarantee, as defined by the Companies Aa 2006. REFERENCE AND ADiTrtlNISTRA TIVE DETAILS Registered Compan), number 07842311 (England and Wales) Registered Charity llTEmber 1144955 Registered offjce Firthmoor Community Centre Burnside Road Darlington Co. Durharn DLI 4SU Trustees Steven Tait Susan Dulston Kayleigh Jones (appointed I l March 2024) Susan Morley (appointed i ith March 2024) Maureen Martin (appointed I I, March 2024) Susan Bartle (appointed I l March 2024) Allison Clemminson {appointed I l Marth 2024) Jessica Connors (appointed I ith MaTch 2024) Lynsey Munro (resigned I l March 2024) Victoria Hamilton (resigned I" August 202)) Yvonne Richardson (resigned I l March 2024} Sandra Mellor {resigned I" August 2023) Sue Walson (resigned I" August 2023) Margaret Thompson (resigned I ith March 2024) COpanY Secretary Mrs K Jones Independent Examiner J P Walters & Co Chartered Accountsnts 67 Lhjke Street Darlington Co. Durham DL3 7SD Report of the trus directors, on ...... inc rwratin a strategic repo apprn)ved by order of the board of trustees, as the cornpany )*..- Il..-...£.4.... and signed on the board's behalf by: Mrs S Morley- Secretary 16
Inde endent EYamineVs Re ort to the Trustees of Firthmoor and Districi Communi Association Independent examiner's report to the trustees of FirthJDoor and Distriet Community. Association ('the Company,) I report io the charity trustees on my examination of the accounts of the Company for th¢ y¢ar ended 31 March 2024. Responsibilities and basts of report As the charity's trustees of the Company (and also its directors for the purN)5es olcompany law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 ACV). Having satisfied myself that the accounts of the Company are not rUired 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'5 accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Acv). In rarrying out my examirtation I have followed the Direction5 uiven by"'the Charity Cornmission under section 145(i) {b).of the 2011 Act.. Independent examiner's statement Since your charity's 8ro55 income exceeded £250,000 your examiner must be a membLY of a listed l>)dy. E can confirni that I am qualified to undertake the examination because l am a registered member of ICAEW which is one of the listed ix)dies. I have completed my examination. I confitm 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 &8 required by section 386 of the 2006 Act. or 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 trne and fair vIV ivhich is not a matter considered as part of an ndependent examinatton. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and rewrting by charitie5 (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 lo be reached. J P Walters Bsc BFP FCA ICAEW J P Walters & Co Chartered Accountants 67 Duke Street Darlington Co. Durham DL3 7SD Date: 2% . 11- 202.41.... 17
Firthmoor and District Communit Association Statement of Financial Activities for the Year Ended 31 March 20?4 31.3.24 Total funds 31.3.23 Total funds Unrestricted funds Restricted fi]nds Noies INCOME A Tr4D ENDOWMENTS FROM Donations and legacies 4280 4.280 1.724 Charitable activitie5 Nursery Kitchen General Other trading activitie5 466,499 71,866 35,221 203 608 466,499 71,866 142,124 203.608 404,213 77,947 4,838 172 287 106.903 Total 781.474 106.903 888.377 661.009 EXPENDITURE ON Raising ndS 31,632 31,632 40,619 Cbaritsble activities Nursery Kitchen General General Restricted 439,150 83.063 219.866 439,150 83.063 219,866 416294 97,845 207.281 30.680 Totsl 773,711 30,680 804,391 790,616 NET INCOMEI(EXPENDITURE) 7.763 76223 83,986 (129,607) Transfers between fullds 16 Net movement in funds 7,763 76,223 83,986 (129,607) RECONCILIATION OF FUNDS Total funds brought forward 163.178 919.706 1.082,884 1,212,491 TOTAL FUNDS CARRIED FORWARD 170.941 99i,929 1.166.870 1082,884 The notes forni part of these financial statements 18
Firthmoor and District Communi Association Balance Sheet 31 March 2024 31.3.23 Total funds Unrc5tricted funds Restricted funds Totsl nds Notes FIXED ASSETS Tangible assets 4).058 994,133 1.039,191 982,082 CURRENT ASSETS Stocks Debtors Cash at baith and in hand IOJ95 120 741 .796 122 537 90,184 130.936 122,537 10),202 CREDITORS Amounts falling due within one year 16 (5.053) (5.053) (2,400) NET CURRENT ASSETS 125 883 117484 100 802 TOTAL ASSETS LESS CURREIYT LL4BILITIES 170,941 995,929 1,166,870 1.082,884 r4ET ASSETS 170.941 995 929 1.166,870 1082 884 FUNDS Unrestricted funds Restricted fiinds 17 170.941 163,178 919.706 TOTAL FUNDS 1166 870 1082.884 The eharitsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in 2ceordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable companv keeps accounting records that comply with Sections 386 and 387 of the Companies Aet 2006 and preparing financial statements which give a tnje and fair view of the slate of affairs of the charitable company as at the end of 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 fmancial siatements. so far as applicable to the tharitable company. (b) The financial statements Nvere approved by the Board of Trustees and authorised for issue on 2¢ - 11- 2•.*........... and were signed on its behalf by: ica Connors- Chair The notes forni part of th&%e financial statements 20
Firthmoor and District Cornmunit Associalion Cash Flow Statement ror the Year Ended J l March 2024 31.3.23 Nolas Cash floivs from operating activities Cash generated frorn operations (107 781) Net cash provided by operating activilies 137460 107 781) Casb flows from investing activities Purchase of tangible fLxed assels IIOi.107) 10 200) Net cash used tn investtng activilie5 105.107) 10 200) CbaDge Sn easb and eash equiv*leuts i the reporting period Cash and eash equivalents at the beginlling of the reporting period 32,353 {117.981) 90.184 208 165 Cash casb equiv21ents at the end of the reporting period 90,184 The notes fomi part of these financial sthtements 21
Firthmoor and District Communi Association Notes to the Cash Flow Statement for the Year Ended 31 March 2024 RECONCILIATION OF NET JNCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.24 31.3.23 Net ineom¢l{expenditure) for the reporting period (as per the StateMet of Financial Activities) Adjustments for: Depreciation charges Loss on disposal of assets Decrease/(Increase) in debtors (Decreaseyincrew in creditors 83,986 {129.607) 47.955 43 2.823 36,544 (13,018) Net eash innowl(oufflow) provided by operations 137.460 107,781 ANALYSIS OF CASH AND CASH EQUIVALENTS 31.3.24 Noti deposits (less than 3 months) Overdrafts includ¢d in bank loan5 and overdrafts falling due within one year 122,537 90.184 Total cash and cash equivalents 122,537 90,184 ANALYSJS OF CHANGES NET FUP4DS At 1.4.23 Cash flow At 31.3.24 Net c&sh Cash at bank 90,184 122.537 TotAI 32.353 122 537 The notes forni part of these financial statements 22
Firthmoor and District Cornmunit Association Notes lo the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICJES Basis of preparillg the fJDancial stitements The financial staternents of the charitsble company, Ivhich is a public benefit entity under FRS 102, have been prepared in accordance with the Chartiies 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 l January 2019),. Financial Reporting Standard 102 The FinanciaI Reporting Stsndard applicable in the UK and Republic of Ireland, and the Con7panies Aet 2006. The financial statements have been prepared under the historical cost convention. ljjcome All income is recognised in the Staternent 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 Tneasured reliably. Expenditure Liabilities are recognised as expenditure as s(K>n &5 there is a legal or constructive obligation committing the charity lo that expenditure: it is probable that a transfer of economic benefits ivill be required in settlement and the amount of th¢ obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha5 been classified under headings that aggrege all cost related to the caÈegory. Where costs cannot be directly attributed to particular headings. they have been allocated to activities on a basis eonsistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expendire. Tangible rued assets Depreciation is provided ai th¢ following annual rntes in order to write off fdch asset over its estimated usefi]I life. Freehold propety 2Yo on cost Taxatio The charity is &¥empt from corporation on its charitable activities. Fund aeeounting Unrestricted fvnds can be used in accordance ivith 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 fimd is included in the notes to the financial statements. Pension costs other post-retirement benefits The charitable comE)anv operates a defined contribiJtinD. neT.bsiop Sche.e. Cop.tp.b,,lions pa}'2ble to the charitable company's pension scheme are Charged to the Statement of Financial Activities in the period to which they relate. continued... 23
Firthmoor and District Cornmuni Association Notes to the Financial Statements - continued for the Year Ended 31 March 2024 DONA TIONS AND LEGACIES 31.3.24 Donations 4,280 1.724 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising events Rental income Trips Feed in tariffs 176.485 138.469 582 172,287 Ir4COME FROM CHARITABLE ACTIVITIES 31.3.24 31.3.23 Activity Nursery Nursery Kitchen General General General Nursery fees Grants Cafe income Miscellaneous Grants Photocopyingifool hire 193,338 273,161 71,866 4,432 137.403 289 156,160 248,053 77,947 3,568 1.270 680 489 486.998 Grants received. included ID the av< are as follows: 31.324 31.3.23 DBC SpeciaI Educational Needs Grant DBC Nursery Education Grant DBC Early Years Grant DBC Grant for Easter Activities DBC Grants NHS Grant Football Foundation Grant 13,000 129.648 130,i13 12.973 124,000 111,080 3,568 25,) 25.000 86,903 410.564 251,621 continued.- 24
Firthmoor and District Communitv Association Notes to the Financial Staten)ents- continued for the Year Ended 31 March 2024 RAISING FUNDS Otber trading aetivities 31.3.24 31.3.23 Purchases 40.619 CHARITABLE ACTIVITIES COSTS Grant nding of activities (see note 7) Support costs (see note 8) Direct Costs Totals Nursery Kitchen General General Restricted 421,91K) 17,250 439,150 83,063 219,686 164 219.702 30.680 i05.127 267 632 772 759 GRANTS PA YABLE 31.3.24 31.3.23 Nursery SUPPORT COSTS Governance costs Management Totals Nursery Kitchen General General Restricted 17250 17.250 216.206 3,496 219,702 30,680 264,136 3.496 267 632 continued.. 25
Firthmoor and District Communi Association Notes to the Financial Statetnents - continued for the Year Ended 31 March 2024 NET INCOMEI(EXPENDITURE) Net incomel(expenditur¢) is sthted after chargingl(creditin8): 31.3.24 31.3.23 Depreciation - owned assets io. TRUSTEES, REMUF4ERATION AND BENEFITS There were no trustees, remunerdtion or other benef&ts for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS ii. 31.3.24 31.3.23 Wages and salaries Pension costs 429,784 5.531 427,974 435 315 430 780 The average monthly number of employtts during the year was as follows: 31.3.24 16 Full time Part time 31.3.23 16 24 24 No employees received emoluments in exc5 of £60.000. 12. COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds IP4COME AND ENDOWMENTS FROM Donations and legacies 1,724 1,724 Cbaritsble aetivities Nursery Kilehen General Other trading activities 404.213 77.947 4.838 172.287 404,213 77,947 4,838 172.287 Total 661.009 661,009 continued... 26
Firthmoor and District Communil Association Notes to the Financial Statements - coniinued for the Year Ended 31 March 2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCJAL ACTIVITIES- continued Unrestricted Restricted funds funds Total funds EXPENDITURE ON Raising funds 40.619 40.619 Charitable activities Nursery Kitchen General General Restricted 416,294 97,845 207,281 416,294 97.845 207,281 28.577 28.577 Total 762,039 28.577 790.616 NET EXPENDITURE (101,130) (28.577) 129,607) Transfers between fuuds Net movement in funds (101.l)O) (28,577) 129,607 RECONCILIATIOP4 OF FUNDS Total funds brought fonvard 264208 948,283 1,212,491 TOTAL FUNDS CARRIED FORWARD 163,178 919,706 1,082 884 continued.. 27
Firthmoor and District Comrnunit Association Notes io the Financial St&tements- continued for the Year Ended 31 March 2024 13. TANGIBLE FIXED ASSETS Freehold property Plant and machinery Totals COST At l April 2023 Additions Disposals 1.428,870 105,107 142,516 1,571.386 105.107 36 866) 136 866) At 31 March 2024.- 1,533.977 105 650 1639 627 DEPRECIATION At l April 202) Charge for year Eliminated on disposal 509,164 30.680 80.140 17.275 36 $23) 589.304 47.9i5 36 823) At 3 1 March 2024 60.592 600 436 NET BOOK VALUE At 31 March 2024 994,133 1039 191 At 3 1 March 2023 919,706 62,376 982,082 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Bank loans and overdrafts (see note 15) Social security and other taxes Accrued expenses 5.053 2.400 5.053 2.400 15. LOANS An analysis of the rnaturity of loans is given below: 31.3.24 31.3.23 Amounts falling due within one year on demand: Bank overdrdfts continued... 28
Firthmoor and District Communi Association Notes lo the Financial Statements - continued for the Year Ended 31 March 202Ék 16. MOVEMENT IN FUNDS Net movement in lunds Transfers between funds At J.4?3 31.3.24 Unrestricted funds GeneraI fund Nursery Kitchen 121.466 i4,006 12.294) (8:)89) (12,000) 101,077 81.355 (11,491 (11,197) 12.000 6),178 7.763 170,941 Restricted thllds General 919,706 76.223 995,929 TOTAL FUNDS 1.082.884 83.986 1,166.870 Net movement in funds, included in the above are as follows: Ineoming resources Resources expended Movement in ndS Unrestricted fullds General fund Nursery Kilchen 243,109 466.499 71,866 (251,498) (439,150) 83 063) (8,389) 27,349 11 197) 783,270 (773,71 L) 7.763 Restricted funds General l Oi,107 130,680) 76223 TOTAL FUNDS 888.377 804391) Comparatives for movement ID funds Net movement in funds Transfers betwee funds At 31.3.23 AtlA?? Unrestricted funds General luna Nursery Kitchen 190.517 66.087 (69.0) l ) {12,081) 19,898) 121.466 i4,006 12,294) 264,208 (101,030) 163,178 Restrieted fund5 General 948.283 (28.577) 919,706 TOTAL FUNDS 1,212.491 129 607) 1082.884 continued... 29
Firthrnoor and District Communi Association Notes lo the Financial Siatements- continued for the Year Ended 31 March 2024 16. MOVEMENT IN FUNDS- eontinued Comparative net movemenl in filnds: included in the ave are as follows: Incoming Resources expended Movement in SJnd5 Unrestrieted fvnds General fund Nursery Kitchen 178,849 404.?13 {247,900) (416,294) (97,845) (69,051) (12,081) 19898) 661,009 (762,039) {101,030) Restricted funds Generdl (28.i77) (28,577) TOTAL FUNDS 661.009 790 616) 129.607) A current year 12 months and prior year 12 rnonth5 (J)mbined rM)Sition is as follows". Net movement in funds Translers between funds At 31.3.24 At 1.4.22 Unrestricted funds Generdl fund Nursery Kitchen 190,517 66.087 (77,440) 15.268 31.095 (12,000) 101,077 81.355 11491) 12,000 264,208 (93267) 170,941 Restrieted funds General 948283 47,646 995,929 TOTAL FUNDS 1.212.491 45,621) 1 166,870 A current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in ndS Unrestricted funds General fund Nursery Kitche 528,861 870,712 149.813 (509,550) 1855,444) 180 908) 19,311 15,268 31.095) I,i49.386 (1.545,902) 3.484 Restricted funds General (59,257) (59,257) TOTAL FUNDS I:i49.386 (1605,159) {)5 773) continued... 30
Firthmoor and Dislriet Communi Association Notes to the Financial Statements- continued for the Year Ended 31 March 2024 17. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. 31
Firthmoor and District Communit Association Detailed Sialement of Financial Aclivitie5 for the Year Ended J l March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS DoDatioJJs and legacies Donations 4,280 1,724 Other trading activities Fundraising events Rental income 27.123 176.485 33,236 1'38.469 Feed in iariffs 582 203.608 172 ?87 Charitable aetivities Nursery fees Cafe income Grants Photocopyinyllool hire Miscellaneous income 193,338 71,866 410,564 289 4,432 156,160 77,947 251,621 1,270 680 489 486,998 Tot&1 iDcomiDg resourees 888,377 661,009 EXPENDITURE Other trading aclivities Cost of trips and fijnd rnising 31,632 40,619 Cbaritable activities Wages Pensions Sundries Consumables Nursery meals Core overhead contribution Cleaning Donations 339,720 328,487 2,614 81,436 25,246 55,183 764 164 73,792 21,460 66,583 252 i05,127 490,574 S'pport Costs Management Wages Pensions Staff training Rates and water Insurance Light and heal Carried forward 90,064 5,531 714 3.588 4,383 4),880 150,160 99.487 2,806 170 5,420 4,036 142,862 This page does not forni part of the 5taiutory financial statements 32
Firthrnoor and District Communi Association Detailed Statetnent of Financial Activilies for the Year Ended J l March 2024 31.3.23 MaDagen)ent Brought forward Bank charges Telephone Offjce supplies Advertising Sundries Maintenance contracts Licence5 and subscriptions Cleaning Employment engagement Volunteer expenses Repairs and renewals Loss on disposal ot-assets Depreciation of propety Depre¢iation of fixtures Depreciation of computer equipment 150.160 1,917 4,861 2,356 241 12.753 10,941 24,184 i,675 142,862 1,094 7,602 4,520 11,594 11,916 17,812 3,222 143 65 19.3il 3.050 43 30.680 17,179 96 28.577 7,909 58 264,136 256,725 Governance eostS Accounlancy fees Legal fees 2,653 843 2,653 4) 2,698 Total resources expended 804,391 790.616 Net iDCODJel(expenditure) 83.986 129 607) This page th)es noi forn] part of the ststutory financial statements 31