||Pages|| |---|---|---| |Trustees' Annual Report|2to5|| |Independent Examiner's Report||6| |Statement of Financial Activities||7| |Summary Income and Expenditure Account||8| |Balance Sheet||9| |Notes to the Accounts|10 to|15| |Detailed Statement of Financial Activities|16 to|17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|| |---|---|---|---| |||funds Total funds|Total funds| |||2022 2022|2021| ||Notes|£££|| |Income and endowments|||| |from:|||| |Donations and legacies||51,301 51,301|50,514| |Other|||4,325| |Total||51,301 51,301|54,839| |Expenditure on:|||| |Charitable activities||696 696|5,209| |Other||50,556 50,556|49,630| |Total||51,252 51,252|54,839| |Net gains on investments|||| |Net income||4949|| |Transfers between funds|||| |Net income before other|||| |||4949|| |gains/(losses)|||| |Other gains and losses|||| |Net movement in funds||4949|| |Reconciliation of funds:|||| |Total funds brought for\^/ard||8,970 8,970|8,970| |Total funds carried forward||9,019 9,019|8,970| |Income||| |---|---|---| |Gross income for the year|51,301|54,839| |Expenditure|51'252|54,839| |Total expenditure for the year|51,252|54,839| |Net income before tax for the year||| |Net income for the year||| ## |CompanyNo. 08200778|Notes 2022|| |---|---|---| ||£|| |Current assets||| |Debtors|9 9,563|| |Cash at bank and in hand|528|| ||10,091|10,307| |Creditors: Amount falling due within one year|10 ( 1,072)|(1,337)| |Net current assets||| |Total assets less current liabilities||| |Net assets excluding pension asset or liability||| |Total net assets||| |The funds of the charity||| |Restricted funds||| |Unrestricted funds||| |General funds|9,019|8,970| ||9,019|8,970| |Reserves||| |Total funds||| ## ## ## ## |Fund accounting|| |---|---| |Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the| ||general objects of the charity.| |Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.| |Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the| ||restatement of investment assets at their market values.| |Restricted funds|These are available for use subject to restrictions imposed by the donor or through| ||terms of an appeal.| |Income|| |---|---| |Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity| |income|becomes entitled to, and virtually certain to receive, the income and the amount of| ||the income can be measured with sufficient reliability.| |Income with related|Where income has related expenditure the income and related expenditure is| |expenditure|reported gross in the SoFA.| |Donations and|Voluntary income received by way of grants, donations and gifts is included in the| |legacies|the SoFA when receivable and only when the Charity has unconditional| ||entitlement to the income.| |Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the| |donations and gifts|gift/donation to which it relates.| |Donated services|These are only included in income (with an equivalent amount in expenditure)| |and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and| ||material.| |Volunteer help|The value of any volunteer help received is not included in the accounts.| |Investment income|This is included in the accounts when receivable.| |Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market value| |revaluation of fixed|at the end of the year.| |assets|| |Gains/(losses) on|This includes any gain or loss on the sale of investments.| |investment assets|| |Expenditure|| |---|---| |Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any VAT which| |expenditure|cannot be fully recovered, and is reported as part of the expenditure to which it| ||relates.| |Expenditure on|These comprise the costs associated with attracting voluntary income, fundraising| |raising fu nds|trading costs and investment management costs.| |Expenditure on|These comprise the costs incurred by the Charity in the delivery of its activities and| |charitable activities|services in the furtherance of its objects, including the making of grants and| ||governance costs.| |Grants payable|All grant expenditure is accounted for on an actual paid basis plus an accrual for| ||grants that have been approved by the trustees at the end of the year but not yet| ||paid.| |Governance costs|These include those costs associated with meetingthe constitutional and statutory| ||requirements of the Charity, including any audit/independent examination fees,| ||costs linked to the strategic management of the Charity, together with a share of| ||other administration costs.| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3 Statement of Financial Activities -prior year||| |---|---|---| ||unrestricted|| ||funds|Total funds| ||2021|2021| ||££|| |Income and endowments from:||| |Donations and legacies|50,514|50,514| |Other|4,325|4,325| |Total|54,839|54,839| |Expenditure on:||| |Charitable activities|5,209|5,209| |Other|49,630|49,630| |Total|54,839|54'839| |Reconciliation of funds:||| |Total funds brought forward .|8,970|8,970| |Total funds carried forward||| |4 ]ncomefrom donations and legacies||| ||Un restricted Total|Total| ||2022|2021| ||££|£| |Donations and legacies|51,301 51,301|50,514| ||51,301 51,301|50,514| |5 0therincome||| ||Total|Total| ||2022|2021| ||££|| |||4,325| |6 Expenditure on charitable activities||| ||u nrestricted Total|Total| ||2022|2021| ||££|| |Expenditure on charitable||| |activities||| |||5'209| |Governance costs||| ## |7|0therexpenditure||||| |---|---|---|---|---|---| ||||U n restricted|Total|Total| |||||2022|2021| ||||£|££|| ||Employee costs||42,657|42,657|43,729| ||Motor and travel costs||5,215|5,215|| ||General administrative costs||1,351|1,351|1,879| ||Legal and professional costs||1,333|1,333|4,022| ||||50,556|50,556|49,630| |8|Staff costs||||| ||||2022||2021| ||Salaries and wages||39,185||38'641| ||Social security costs||2,471||4,116| ||Pension costs||1,001||972| ||||42,657||43,729| ||No employee received emoluments in excess of £60,000.||||| |9|Debtors||||| ||Other debtors||||| |10|Creditors:||||| ||amounts falling due within one year||||| ||Other taxes and social security||||| ||Accruals||||| |11|Movement in funds||||| ||||Incoming||| ||||resources||| ||||||At30| |||At loctober|(including
other
gains/losses|Resources
expended|September
2022| |||20Z1|)||| |||||££|| ||Restricted funds:||||| ||Unrestricted funds:||||| ||General funds|8,970|51,301|(51,25 2)|9,019| ||Total funds|8,970|51,301|(51,252)|9,019| |12|Analysis of net assets bet\^/een funds|||| |---|---|---|---|---| ||||Unrestricted|| |||||Total| ||||funds|| ||||££|| ||Net current assets||9,019|9,019| ||||9,019|9,019| |13|Reconciliation of net debt|||| |||||At30| |||At 1 October||September| |||2021|Cash flows|2022| |||£££||| ||Cash and cash equivalents|5,029|(4,501)|528| |||5,029|(4,501)|528| ||Net debt|5,029|(4,501)|528| |14|Commitments|||| ||Operating lease commitments|||| ||Annual commitments under non-cancellable|operating leases are as follows:||| |||2022 2022|2021|20 21| |||:au:,:lan:: Other|:au|,:janng:|Other| ||||££|| ||Operating leases with expiry date:|||| ||Pension commitments|||| ||The pension cost charge to the company|||| ||amounted to:|1,001||| |15|Related party disclosures|||| ||Controlling party|||| ## ||Unrestricted|| |---|---|---| ||funds Totalfunds|Totalfunds| ||2022 2022|2021| ||£££|| |Income and endowments from:||| |Donations and legacies||| |Donations and legacies|51,301 51,301|50,514| ||51,301 51,301|50,514| |Other||| |||4,325| |||4,325| |Total income and endowments|51,301 51,301|54,839| |Expenditure on:||| |Charitable activities||| ||696 696|5,209| ||696 696|5,209| |Total of expenditure on charitable||| |activities|696 696|5,209| |Employee costs||| |Salaries/wages|39,185 39,185|38,641| |Employer's NIC|2,471 2,471|4,116| |Pension costs|1,001 1,001|972| ||42,657 42,657|43,729| |Motor and travel costs||| |Vehicles -General costs|5,215 5,215|| ||5,215 5,215|| |General administrative costs,||| |including depreciation and||| |amortisation||| |Bank charges|103 103|80| |General insurances||354| |Software, lT support and related||| ||893 893|328| |costs||| |Sundry expenses|355 355|1,117| ||1,351 1,351|1,879| |Legal and professional costs||| |Accountancy and bookkeeping|1,333 1,333|1,320| |Consultancy fees||2,702| ||1,333 1,333|4,022| |Total of expenditure of other costs|50,556 50,556|49,630| |Total expenditure|51,252 51,252|54,839| |Net gains on investments||| ## ||4949| |---|---| |Net income|| |Net income before other|| ||4949| |gains/(losses)|| |Other Gains|| |Net movement in funds|4949| |Reconciliation of funds:|| |Total funds brought forward|8,970 8,970 8,970| |Total funds carried forward|9,019 9,019 8,970| |||| |---|---|---| |* Dropbox =i i:`~jn||Audit trai| |"tle||Year End Sept 2022| |File name||Centriccommunityp...2022_Accounts.pdf| |Document ID||b4ad4e2182egb86398c490d5324586852597dcfd| |Audit trail date format||MM/DD/Y"| |Status||•':, Signed| |Document History||| ||06 / 07 / 2023|Sent for signature to Geoff Wade (geoff.wade@empower.coop)| ||15:51 :50 UTC|from info@centricprojects.org| |||lp: 82.31.249.144| |©|06 / 08 / 2023|viewed by Geoff Wade (geoff.wade@empower.Coop)| |V'EWED|14:51 :37 UTC|lp: 81.104.243.124| |E=|06 / 08 / 2023|Signed by Geoff Wade (geoff.wade@empower.coop)| |SICNED|14:52:56 UTC|lp: 81.104.243.124| |©.|06 / 08 / 2023|The document has been completed.| |COMPLETED|14:52:56 UTC||