**We are pleased to enclose your annual accounts.**
REGISTERED COMPANY YUMBER- 08227390 (England Wales}
REGISTERED CHARITY NUMBER.. 1150892
Lightwaves Communlty Trust
Report of the Trustees and
Financial Statements
Year Ended 30 September 2023
SMH Jolliffe Cork Lid
Chartered Accountants
33 George Street
Wakefield
Wesl Yorkshire
WFI ILX
**Lightwaves Community Trust**
## **Contents of the Financial Statements for the year ended 30 September 2023**
|||**Page**|
|---|---|---|
|**Report of the Trustees**||**to**7|
|**Independent Examiner's Report**||8|
|**Statement of Financial Activities**||9|
|**Balance Sheet**|10|
**to**11|
|**Notes to the Financial Statements**|12|
**to**18|
20
Llghhwawe$ Community Tntst
Rtport of the Trustees
for the year ¢ndcd 30 Septernber 2023
The ttt¢S who ar¢ also directors of the ch2Tity for the purpoK5 of the Companies Act 20061 preseDt their Teport with
thc financial staieTnent5 of the charity for thc ycar cndcd 30 September 2023. The trustees have adopted the provisions
of Accounting and Reporting by Charities.. Siatetnenl of Recommended Practice applicable io ¢hariti¢s preparing thcir
acLounts in accordance with the Financial Reportitt¥ Sianddrd &pplicable in the UK and Republic of Ireland IFRS 1021
Icffcctivc l January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and 95m$
The aisn of the charity is to providc the Te%idents of Wakefield district and the neighbourhood of College GTOVe and
Pindertields with a thrivin¥ community-Nn facility for sport. Icisure, social and tommunity actiTritie5 to advancc thcir
well-betng, health and prospects and to promote cohesiun within th¢ ¢VTnmunity.
Charitable object
The objects of the charity as outlined in the articl¢s of associatTon are'to further bcncfii rhe residents of Wakefield and
elsewhcrc, without distinction of sex. sexual orientation. raLL L)r uf pvliliidl, Teligiou5 or oilier opit)ions by associating
tog¢theT said rcsid¢nts and Ihc local authorities. voluntary and other or¥anisatiuns a Common effort to relieve
poverty, advance educatson and 10 provide facililTres in tli¢ iDter¢sts of Social w¢ltar¢ and for rccrL'aiion and lei%uT¢ titne
occupation with the ubjLLt of itDPToving condiiion5 of life tor thc Tcsidtnis"
Public benefit aims And Intended impact
The kLy bcnefit for the public has been Ihat Lightwavt5 Lei5UFe and Coinmuntty Ccntrc has been %ustained and
remained OPLn and in business for the public and local ci>mmunity following the major challenges of thc pandcmic. The
rLium tO'llOTmal' has be¢n a gradual pro¢cs5 bui thc Icsutmption of the full Tlill8e of activities has undcrlinLd ih¢ LcntTe's
irnportanc¢ as a commurtily Cho[ PTovidill¥ s¢pJicc5 and support for local people. At this point in tirne. we aT¢ Still not
at pre-covid IEv¢15 of incotne. nor opening hours.
However. in thi5 peTiod the Trust bounced back to providittg a fijll rang¢ of Services and renewin8 Its reputation 45 a
thTivillg community-rnn facility tliat hosts education and leaming activities, soclal and leisure pursuit5 as wcll as
weltarc SLrvices that 5UPPOrt the most vulntrdblc and deprived ¢Tliz¢n5 and fatnilie5 in the community. As people have
emeT¥vd from the pandcmic's impacts and deep social and e£onomic nceds havc been tevealed. th¢ Lightwavcs CLntrc
lias proven its¢lf a vital tacility for &8SiSlin¥ familles lu navigate their way throu8h the impacts of the cost-of-living
Significant ictivitie$
This riod marked a coniinuittg reiuTll to noTmal pattern5 of activity following th¢ period of transition from
Covid-relarcd activTriies and funding via Waketield Council and the voluntary and comrnuniry sector. Centre usage
norrnali5¢d and rcturncd to pre-palldernic l¢ve15. Lightwave5 TTUSI rctumcd to searching out funding for rhe CLmifL'S
core and addiliottal aotivitl¢5.
With a rctum to noTmality came a retum to large event bookings and progression io pr¢-pHnd¢rnic centrc use and
venue lev¢15. In thc prcvious year Sunday opening was considcrcd bui d¢mand foT weekend usage rtmained confilled
alld tOCU5sed on lar¥L Cvcllt bookings. Thus, tor the rime being the TTUSt b¢liev¢ that the case for opening all weekend
rcmains w¢ak albeit the hope is that thc nomal buoking5 will rise to make this a viabl¥ option.
DuTing the Covid crisis Lightwave5 cent becamc part of a system of local hubs delivcring scrvices to local
communities cxpeTi¢ncing challenge5 to Ihcir physical, Lmotion31 and finallcial well-being. In thig period we built on
the le¥ary of what wc Icarned and what Wa5 needed by local residents, and focuss¢d on serviccs tackling..
Money concems (budgeting. benefits, vouchers)
Ertergy WOTries Ilielp with Utilities)
Housing related concems (rent and accomjnodation)
Job5 and Tclaicd issues (trainin¥ opportunities, CV help wi(h job applications)
Health & family concems.
Our apprvachable and tricndly staff 2nd volunt¢¢r5 at the hubs help people look at Ihcir situation and work with them to
rind 501utions and take steps to itliprove tliings. A range of services and partn¢T5 and this is rccounicd below.
Page I
Llghtwave$ Community Trust
Report of ttEc Trustee5
for the ye9r ended 30 September 2023
Corc rcquests have been for printing food vouchcrs for familics which hclp rclcasc cxtra moncy for indtviduals and
faillilies to pay their utilities bills. Indeed, higher energy bills ar¢ 50rnething that the Trust has also faced. with thi5
PL'riod s¢eing almost £50,000 increas¢ in heating and li¥hlin8 Costs ISLL page 19}.
Below details of the Citizens Advic¢ Bureau and ihe Food Pantry aTe d¢$¢Tibed. Additioiially* th¢ Trnst has worked
with..
Live WLII team attd theiT $¢Tvices for the oldLT people sLJvice8,
Step Up organisation for employment help IPTovidence Stre¢VTowrt I lalll,
Adult Education for training opportunitiedESOL Imanygateg CenlTel,
Wak¢tiLld Collegc for adult & young pcople ESOL training,
City of Sanctuary Foodbaiik & services (St Michaels Church).
Art Housc Projccts tor rL.fugccs and asylum scckcrs,
Ilepworth Gallery Projects for retugces and asylum secke, and
AgL UK Wakcfield DistriLI ICastlLfordl for PLnsion hclp and older people services.
During thi5 y¢ar w¢ were Successful in gaining futlg to provide a Wami Space for the ¢ommuniry over the winter
pcriod. Our Warm Space provision not only allowed a warn1 and welcoming space but held rhe porential to contributc 10
5igniticant cliallges in people's quality of lite and 5UPPOrt positiv¢ social internction5. Tlie Warni Space PTOj¢Ct
dLmon%trated a mixtur¢ of young people and adults acLessirtg our Ccntrc. Espccially on Fridays, wc havc sccn an
illcrcasc in numb¢r5 attending the centre on using the 5poning activitie5. Plus, this project created the opportunity for
our Cimire Staff to tell individuals abvut &iTvi¢es ort ot'fer as wcll a5 Sl8npostin8 them to Organisaiions in the
communiry, and pethaps most imponant of all, providing 8 listening ear tor the adults who live on their own.
One chall¢ng¢ in ihis peritrd been discovery of ¢vid¢nc¢ of frnud which is cUentlY bcing investigalcd by the
auihuriliLs and has been tepvrtL'd 10 the Charity Commission. On advice and r¢sponse from the Charity Commission th¢
Trust ha5 tightened up its governance and control procedu5. We are tl%o working with partners such as NOVA to
review and strengthen our governance and administrative procedure5 to prevent this ever recurring. The Trust will
pursue any 1055es resulting from thi5 inctdent.
The p05t Covid Tetum to Feel Good Friday5 became normali5ed and ¢ontiRues to be well-received by all.. Staff,
voluniecrs and ihe local community. This iniriative has becn very wsitively received and helps make the centre even
more accessible ro all the communiry, whLre we provide a tree lunch for the elderly. and witli 5POrts activities free for
the over 60-year-old5 and local un¢tnploy¢d. as well a% asylum 4eekers and the refugee communiry. A¢tivities are half
price for cvcrybody and activities such table tennis liave proven popular. The emphasis is on making the Centre
welcotning and tca and cake made by local volunteers plays its part in prvvidin¥ a home-from-home fecl to the Centre
on Feel Good Fridays.
In 2022 the pandemi¢ initiative of the Lightwaves Foodb2nk had successfully evolved into a Lightwaves Food Pantry
operation and where local citizens pay a £5 weekly subscription to gain approximately £40 worth of food and other
houschold csseniials Iioiletries, eic.) Initially the Community Panry was open on Fridays and foTthi¥hily ort Saturdays 10
accomodate working members of the cornmunity however we Since July 2023 the Food Pantry is open every Friday.
On avcrdge wc attract 3 to 4 voluntecrs supporting the Community Food Pantry Co-ordinator on Fridays, which is
e5p¢cially hclpful for the sern'ice's functioning as well as appreciated by the Food Pantry mernbe for the kindncss.
chLLkillg in and disCU5510ll5 about cookiDg tht variou5 ItTDS al th¢ sessions. Ea¢h st570n attracts 10 to 15 tnembe
attending for tood and signposlin8 io services. Familtes attend we¢kly and itjdividuals fortni8hily.
The paniry is laid out like a shop, and rnetnbeTS Lhoose their own items from a wide selection, intludirt¥ fresh.
refrigcrated. frozcn and long-life foods. IThe latter depend5 on what 15 rcceived from Fayreshare plus donations.) Our
Community Pantry Co-ordinator attends the WakLficld & District Food Aid Network and Househuld Funding
Meeting5. We believe that the Food Panty has broader benetits, notably..
Enhancingy mcntal and physical h¥alrh of the pantry members.
ReduLill¥ feelings of i501ulion with the contact.
Enablin¥ IhLm io tomi new tnendships via signpostlll8 to community Organisations,
Enwurage5 local volunteering opportunities.
Page 2
LightwAve5 Commllnlty Trust
Report of the Tr$t¢¢$
for the vear ended 30 September 2023
Improve health & well-bein8 as the members Choose your food.
Prevents food and other waste via Fayre Share panty and donations.
Prevent hunger.
H¢lp5 r¢build5 digTJity,
Renews and de¢pen$ ¢onne¢tion$ bettveen faTnilie5 & individua15 in Crisi5 and their local community.
Sllstaining suppli¢5 for the Food Panty has bcen a major pressure as the cost oof living CT1S15 has affected so Ttlany
pcople increasing demand for help zs dL)llations hove fallen. The WQTk of th¢ Food Pantry is COTnplem¢nlcd support
frvTn the Citizens Advice Bureau which Nns a drop iD every Wednesday. froTn IOaTn till 12pm as well as prc-planncd
appoinlmcnts froTn Iptn to 3pm. Deinand for the Food Pantry has remained fairly cotJsiJnt and thi5 5ervic¢ ha5 become
a corc support for some of the local CQTnrnuDity'5 most vuln¢Fable faTnilie5 and individuals.
A prcvious grant of £1 1,000 Prosper Together Fund saw us set up as a decision panel TNst composed of 3 Lightwaves
TTUt rnembers who considcr applications via referrals to help families expeTi¢ncing exceptional hardship and
emergencies. foT exatnple. such a5 a broken trid8c, need for clothing tor school, bcdding and 8uch like. The scheme has
coiitinucd into this year piuviding a vital tool to help famili¢5 and individuals in desperatc circumstances.
Lightwavcs ig one of 20 organi5atTOnS who have been ideiititied a5 closest to the houscholds thai need support. PT05pcr
Together Fund i5 helping 10 support families and individuals that due lo unexpected circutnstanc¢5 tind ihem5elvcs in
crisis CSPCLially due to no 5aving5 and living to month to Tnontli (lack of financial resilien¢el then sttuggl¢ to Tlleet their
re.4pon5ibilities and can Icad lo a dccline in mental and physical h¢alth.
Referra15 for support come via a seTie$ of lotAI QTgani5ations such a5.. Wakefield District Housing T¢nants' Officers.
WDII Cashwis¢ Tbam, PaTcnt5' Liaison Officers tsoin local schools, WDDAS, Turning Point and Social Workers from
the Early Flelp I lub Thornliill Sireei and via our Food Pantry.
During thi5 period th¢ fund has supported the tollowing..
uuchets
ouchers
ouih¢rs
Food (release money tor Utility bills)
Food (i¢l¢asE money lo help with transport to hospital)
Cloihing (Domestic Abuscl
El¢cin¢iry
Gas
Rent
Beds (baby cot. children and adults)
Fridge freezer
Turnble dryer
Multi-cooker and
12 families
2 familic5
5 faTnilie5
2 individuals
2 individuals
l individual
6 farnilics
I family
I farnily
l individu81
urnilure
urniturc
urnitUFC
ookin
er
Of equal and continuing iThwrtan¢¢ 15 the work undertaken via the Wakefield Connect Café which is focu55ed on
supporting LhildTen, teenagers. young adults as well as adults. This is a150 paTallelcd and complcmLnted by llding
from the Happy Healthy Holiday clubs that operate in school holiday periods and which finances sports and Icisure
activities a5 well as food for the s¢hool childTen.
In East¢r 2023, working with 60 youn8 people lincluding 25 from Next Gen¢rètion Youth & CoTnmunity Projcctl we
employed and engaged a local Community draTna artist (Gernma Wl and the young pLople txplorL'd what Easter and
Rarnadan Tnean5 to thcm and thcir local Community. Working with both groups the young people wrolc and CTealed a
plav where everyone had a part 19 ploy. At thc end of the w¢ek, wc invilcd tlie parcnis & LaTets to attend and watch th¢
PLrltimianLL. Duriiig the week we also provided SPDrtin8 aciivitlLS Wlth IhL 5-Sport5 team and certiticatLS and mcdals
were ha¥Jded out to ihc youn8 people who had d¢rnonstrated positive probletn solving, resilienee, good te8rnwoTk, and
encouraging Co[nU7Cation skills durin8 the weck.
Pag¢ 3
Lightwaves Communlty Trust
Report of the Trustees
ror the year ended 30 September 2023
In SuFnmer 2023 thc main Ihcmc for the 4 week% project wa% 'Come and Join the Circu5'. During this over 166 young
people (including 69 from Next Generation Youtli & Community Projcctl trted a diverse range of entertaintnent ski115
including beg a clowtt, hula hvopin¥, dan¢in¥, stilt wdlkin¥+ ju11¥, uniiyclingy and tight rope walking. Thc young
people perfoTmed their skills they devcloped during thc 3 wecks tor their p2rcnts and car¢rs call¢d'The Greatest Circus
Sliow in Wakefield on ThuTsday 24 August. DuTing the 3 w¢¢k5. the young peopl¢ kcpt fit with gamc% and sports
d¢liveTed by ihe 5Spon ieèm.
We also held our 2nd Frce Garden Fun Day with staff frotn Flepworth Gall¢ry on Wednesday 9 Augusi in SranlLy Royd
Playing Fields. Parents and young pcople were Invited 10 bring a picnit 2nd join with the range of activiiics proNidcd
such 2s gamLS with 5 Sport5 T£am, circus related skills with Debbie & Ably and creative play fTOtn thc 14cpworth
Team. Over 250 people attended the day alld it was a ycat 5UCC¢55 for ¢vtryon¢.
One of thc rcquircmcnts of th¢ fundin¥ w05 providing the young people a trip out. We provided 3 days of fun and
gamcs at the CalderdTift Scout Camp on Denby Dale Road. 105 youn8 PLopIL tuuk part in a Tange of activities.. the
sauli course, rock climbing. archery, foot golf, horse slioe throwing. tootb811 Frisbee, grass sled¥in¥ and the water
sli(le. We used thc Lighnvavcs Minibus and a minibus from the Swafia M05que lo tra115POrt thc young 0pIC to 2nd
from the 51t. This was a greai success with local young people who said that they ¢lln't wait to visit again.
DUTrg th¢ 4 weeks ot the Healthy Happy Holiday proj¢¢t we also delivered sp(>rts session to Swafja Mosque for boys
and girls aged 8 yeaTS to 16 Yea frotn 5pTll to 7.30pm. The sports that the young people enjoy playing iH¢lude.' cricket.
fogtball. dodgeball, archery attd badminivn.
The threads running through these activiti¢5 aT¢ th&t Lightwaves maintained a strong Icadership role irt promoting and
5UStaining cotllmuniry coh¢¥iun and inclusiun. The Centre still host5 six ditf¢r¢ni faith and religious groups 2nd plays a
key rolL as facilitator tor local faith groups PFoviding a safre. multi-cultural athd open ¢nvirontniTI fETrr all cotnmunitl¢5.
As wc nolcd in last y¢aT'5 allnual Teport thi5 a reflection of Lightwavcs dtcp involveTnent in a wid¢ pattern of strong
portncrship Telations. Trust has built a strtrn¥ and successful (ord of partncrship working with major local
p%rtneTS such a5.. Next Generation, The City of Sanctuary. Iht lucal ¢uuncillors, Wakefield Colleg¢, Wakeficld Council,
Public l.lealth. youn Lives, NOV A, National Education Union, Wc Ar¢ Wakcticl(L the Wakcfi¢ld Bid. Wakefield
HospiLL. WDH Harfield Coun, Create Catc, and Amnesty Intemaiional.
The relationship with, and pr¢8encc of Wakcfield College and its staff and stud¢nis gives a great buzz to the Centre and
vver the course of the past yeaT Lightwaves has worked hard at making them fecl safe and valued guests and partner5.
In thc y¢aT ahead we will work clos¢ly th Wakcf)eld College Staff to continue providirtg a secur¢ and 5afc
environment tor staff and swd¢nt5.
ACHIEVEMENT AND PERFORMA.YCE
Trust Development
Trust govcmanLe was su5tain¢d throughout this period with physi¢al meetings Te-inststed although this rewm to
"nutsnal" Ineeting practice ha8 PToven vhallcnging but did impTove as the year procL*ded. Indeed. this the tenth year of
the Trust's opcratiDn5 3Dd whi15t Sustaining the cenirc and ils servicLs Temained challenging it has also beeE2 8 Strongly
positive period as we Te-e51ablished our'nornial" working pattems and opening houT5.
In this period our previou5 focus on major developmLnt WOTk continued but proved quite fiustrdiin¥ as rapacity i5SUe5
within Wakcficld Coun¢il 4lalled making practical progrcss on movin¥ lo actually prvcuring the capital works ntcd¢d
on the building. This diffteulty has been furth¢r ¢otnpounded by a general crisis in fundin¥ In the UK for local
governtnenl and Wak¢field Council having to cope with major constrainis ro moving proj¢ct5 forward.
Thc Trust pcrsists irt ils efforts to search out ali¢Tnative capital invcsimcnt options with Wokefi¢ld Council which
hopefully will make significant progress on in the yeaT ahcad.
Pag¢ 4
LlghÉwAve5 Commuttitv Tru$t
Report of the Tru$te¢$
for the year ended 30 September 2023
FINANCIAL REVIEW
Overview
Ill this period Lightwaves Community Trust moved froTn managing 2 reduced ran8e of community aLtivilics io
gradually 4¢alin up opening houTS and service5 to "normal" PT¢-CovTd patt¢TllS. Provision of corntnunity anchor
facilities was particularly ¢hallenging throughout the pandemic period and emergence froTn it hA5 been a190 challenging.
Maintaining sound financial management and support trom local or8anisalions and both staff and volunteeT5 have
bclped Lightwaves return to alrnost DQTm81 Itvels of 5¢rvic¢, Various support and financial grants from Waketield
MDC, National Lottcry and NOVA cnsurcd rhc or8anisation's financi21 viability and susrainabiliry from the Covid
perivd and have PTovided a platfoM helping the CentTe bounce back in this period.
Principal Funding
Lightwavcs continued last yeals reNm to pre-pandemic PAtterns of income generntion activitie5 via trading activities,
notably and chiefly sports facilities income. and events income. The Tnjsl 18 21so seeking out and applying to fvnding
opportunities as and when these ari$e and appropTiate to the Trust's strengths #nd prioritie5. Over the year liead a major
priority will be accessing grant and other financial resourtes to UP8radc and refresh th¢ building and Tt5 facilitie5.
The capttal invLstmenl owed lo Next GeneTaiioii 15 b¢in¥ Steadily and sysl¢Tnatic8lly Teduc¢d. Tru5tee5 r¢cognis¢ the
eed lo tnaintain its effons io build up reserves and lo pro-actively seek out turthcr capital investment in developing the
Centrc's faciliiics as a mean$ to enhsnce the su5taiDability of our operdtions a5 well as b005t incolne generation.
Reserves. Polley
The aim5 and objectives of our Reserves Policy are to..
a. Ensur¢ a level of working capital io susiain the Centre and the abiliry io perform its charitable obje¢¢ives.
b. EnsuTC a Icvcl of fundillg to undertake Rcw chall¢llge5 and opportunitle5 as they arise.
EDSUT¢ availability of funding to covcr cxtrdordinary expendin]rt and loss of revenue as a ¢ons¢quence of tnatteT5
arising beyond the TTUSt nortnal day to day operations.
Undcrpinning these aitns and objectives the Trust seeks to build up and hold a Icvel of free reserves equTvalent to two
yeaTS' annual expenditure. The Trustees Tealise that this continues to be a long-terrn bul n¢ct55ary challenge that thc
Board tnust pursut. Sport facilities in¢otne is seasi)nal and fluctuates in cotnparison to rental incomc which h
retnain¢d regL)lar and helpcd sustain our working capiLII funds as well as fimd staff wages and other fixed costs.
The Board of Trustees #nd staff continually seek to PTOlllOte and implcment crcativc and inicrcsting income iniliaiives,
rant applications and donations {both indildal and cotpoiaiel. The Fundin¥ Strategy docutneni and thc reviscd
three-to-five yr Busines5 Plan have had to bL dLIayL in t¢ms i)f implLm¥ntaiion but various grant aid to deal with
the Covid crisis has hclpcd to matnt2in the Trnst's reserv¢s.
Inv¢stmcot power51 policy and performonce
The trustecs havittg regaTd to the liquidity qUireMentS of opcrating the Celltre and to the Rcserves Policy have
Jnainizined a policy of ktq)in8 available fvnds in an interest eaTning dep051t account allowing imm¢diaie acc¢55 as
necessary.
Looking ahead
The Trut'S overall stral¢8y of enhancin8 income ¥entration and irnproving 5U5tainability remains a key priority and
5pecitically lo seek majoT inv¢stm¢nt to enhance and up-grade the Centrc's faciliiics COttlinu¢s. Lightwave5 TTUSt
¢ontinue cxploring major capital investment options with WakLfi¢ld Council to bring the buildin8 up io modern
Standards and sustainabl¢ ¢ngY usage.
Page 5
Li¥htw#vcs Ctymmunity Trust
Report of the Tru5tee5
ror th¢ year tthdod 30 September 2023
STRUCTURE, GOVEILYANCE AND MANAGEMENT
Governing document
Thb CVTnpapy was fuTtn¢d in 2012 artd is limited by guarantee. It 15 regist¢T¢d with Companies House under COTnpally
registration numbcr 08227390. The cliarity was foTm¢d Tll 2013 and is rcgislcrcd with the Charity Cornmi55ion uDd¢r
charity number 1150892.
Governing document
The charity is governed by its Memorandum and Article5 of Association.
Recruitment and 8PPOllltment of tru$tecs
MeFnb¢rs of the board of trustees are appoinlcd to repTe5ent Next Generation 12), Wakefield Collcgc 11). local
community141 and users of Liglitwaves Leisure C¢ntre121.
Organlsgtlon? governallce management
The board of tNsiees, which can have up to twelve mcmbcTS Icight trustees and four Board advi50rs}. who are
committed to making a success of thc community rnanagement of Li¥htwaves, administer the charity. Thc board
normally mee15 monthly with sub cornrnittees coverin¥ fillancL' 2nd audit. community tundraising. maTketing and
PFvmotion and vperaiional allageLnI meLting as appropriate and reportiDg to the fvll board. A general managcr is
appoinicd by thc trustecs to manage the day to day op¢rdtions of the chariry. To allow effectiv¢ managcment. the
gcneral Tllanag¢r ha5 delegalcd authoriry, within temis of delegation approved by the tNstees. for opeTalional tnaiters
includin¥ finance and employment.
Wc have reviewed our governance and control arrangements via participation in a progrETnTne provided by NOVA, the
charity thai suppons Voluniary, Cotllmuniry and Social Enierpri&e IVCSEI organisaiions in Wak¢tield District lo thrive
alld the methodology of which echoe5 the best PTacti¢e governance asseqsment template ot the LhaTity Commis5iOll.
Thc charity a150 has a number of volunteer helpers who assist the paid staff with running the ccntrc and
PPTeDticcship %¢htm¢ OPeTatd conjunction with Wakttield College which provides local young people with an
opportunity lo work ai th¢ ¢erttre for a period of twelve month5.
The strong partnership relations with Next Generation CIC. have cortlirtued on 2 day-to-day basis with both parties
benefitting from collllboration on projects and s¢rvi¢es whether jointly rnn, or managed in thc Ccntre. A core mission of
Liglitwavcs Community Trnst is a commitmcni to sustaining deep Strong ¢VTntnunity invvlvemettt and tu btjild ort
our trdck Tecord of an excellent WQTkin¥ r¢lationship with Next Generation.
Inductitsn and trsining of ncw trustees
Induction into thc workings of the charity is carried out by tW5t¢¢s and s¢nTor manag¢TS already servittg on the bogrd
with ongoing trainiiig beiiig undertaken in house and by txt¢rnal visits. Iv LL1 and similar or¥ani&alions.
Risk m#n$greTht
The MJsteL'S have 2 duty to ideniify 2nd review ihc risks io which th¢ charity is exposed and to ensure appropriate
ontrols 8Te in place to provide reasonable assuTance against fraud and erTtsr. Th¢ tTU5t¢es have appTov¢d 2 risk
anagetn¢ni strategy which compri5eS'.
a. an annual review of the risks the charity may face
b. the eqtabli%hm¢nt of systems and procedure8 10 mitigatc ihosc risks identified in the plan, and
c. Ihc impleincntation of procedurcs dcsigned to minimi5e any potential impact on the chanty Should th¢)5e ri5k5
materialise.
This work identified financial sustainabiliry of the buildtng and its facilities as the continuing major financial risk for
thc charity. DevelopmLllt work in this period focussed oll efforts t0 5ecuTe significant investments in addressing the
building's SU5tainability.
Page 7
Lightwaves ComrnunIty Trust
Report of the Trustees
fur the year ended 30 September 2023
REFEREYCE AND ADMINISTIL4TIVE DETAILS
Regislered Company number
08227390 {England attd Wales)
Registered Chgrlty number
1150892
Regi5tcred office
Li¥htWai'C5 Leisure Centre
Lowcr York Street
Waketield
Wcsl Yorkshire
WFI 3LJ
Trustees
Ms l G M Van Rijn (Community Cenire Manager)
Mr M Ayub ICotnTnunity Centr¢ Manager)
N4r J Howard IFE Colllge D7ctor of F5tatesl
Mg D Bractwell Iowner ot a Tutoring Company)
Mr J Coulton (Spurts Facility Managerl
Mr M McKigney (Economic Development Consult2nil
Mg S Bcdford Isucial WtsTk¢r}
H Grocock (CEO Sight Aid)
Company Secretary
M51GMVanRijn
llld¢pendeDt Examxller
Clair¢ Lawton FCA DChA
SMI l Jollitfe Cork Ltd
Chartered Accountants
33 Georgc Street
Wakcficld
West Yorkshire
WFI ILX
Appruvcd by order of the board of trustees on 20 June 2024 ad signed it5 behalf by:
Mr M G McKigney-T
sie¢
Page 7
Independent Exgmlnor's Report to the Trustees of
Lightivave5 Cotnmunity Trust
Independ¢fjt ¢X#tNiDer's report to the tru$tCC5 of Lightwaves Community Trn5t I'the Cornpany'l
reporr lo the Charity trustees on my exaTnination of the account% of the Company for the year end
30 Septeimber 2023.
Re5ponsibilltl¢s and ba5]5 of report
A4 thc chariry's trustees of the CoTllpany (and also its dire¢tOTS for the putposes of company lawl you are responsible fo
the preparation of the accounts in ac¢oTdance with tlie requirements of the Companie5 Act 21K>61'the 2006 Act'l.
Havin¥ satistied mysclf that the accounts of thc Company are not TequiTed to be audited under Part 16 of the 2006 A¥t
and are eligiblL foi iDdependent examination, l TCPOrt In respect of my exarnination of your charity's accollnt% 45 carried
out under Section 145 of tlie chariti Act 2011 I'the 2011 Act'l. In carying out my txamination I have followed the
Directions given by thc Charity CgTnFnission under Section 14515) (bl of the 2011 Act.
Independent examiner's st8tem¥nt
Sincc your charity'5 gross income exceeded £250,OfX) YOUT exarniner musi be a member of a listed body. I call confiThn
thai I tm qualified to undertnke the examination bcc2usc I am a Tn¢Tnb¢T of the Institute of Chart¢r¢d Accountants
England and Wale5. which is one of the listed bodies.
I have co¥npleled my examination. I confirni that no nJattet5 hav¢ come to my atterttioD in connection with the
examination giving Inc causc to bclieve:
a¢¢ounting records WLre not kept in respect of the Company a5 T¢qUITed by Section 386 of the 2006 Act.. or
the accounts do not accord with thos¢ retoids: or
the accounts do not comply with thc accounting T¢quirernent5 of Section 396 of the 2006 Act other than any
requirement that the accounts. give a truc and fair view which is 01 a matter considered as part of an
indupindL'nl exatnination., or
th¢ account5 havL not b¢¢n prepared in accordan¢e with the rnethods and principle5 of the Statem¢ni of
RecoJnmL'nd¢d PTactice tor accountin¥ and reporting by chariiiLS (applicable to charities preparing their
accounts in accordance 7th the Financial Reportin¥ Standard applicable in the UK and Republic of Ireland
IFRS 10211.
I have no concern$ and have cojne acros$ no other matters in connectiott with the exaTninatioll to which attention should
be drawn in this report in order to pnable 8 proper understanding of th¢ accounts to be rcaLhed.
Claire Lawton FCA DChA
The Institut¢ of Ch2rt¢red Accountants in Eng5ad and Wales
SMH Jollit7¢ Cork Lid
Chartcred Accountant8
33 George Strcei
WakLfi£ld
West Yorkshire
WFI ILX
Date..
Page 8
LightwAves Commullity Trust
Statemenl of Finallcial Actii'ities
Ilncorporating an Intom¥ #nd Expenditure Account)
for the year eDded 30 September 2023
2023
Total
rund5
2022
Total
funds
Unrestricted
tund
Restricted
fijnds
NotE5
IIYCOME LND ENDOWMENTS FROM
Donations and IL¥aci¢5
53,438
53,438
37.992
Charitgble gctivitie$
Sports facililics incum¢
53,490
53.49(k
70.279
Other trading a¢tivitie5
InvE5hncnt income
225,048
795
225,048
795
185,555
38
Total
279 333
332 771
293 864
EXPENDITURE ON
Chxritable activities
ManagLment and adtninistration
Event5
Publicity and promotion
Pretnises
82,347
43,044
1.159
176504
45.113
127,400
43.044
1,159
176504
85,274
10,805
150
132,853
Tot91
303 054
348 167
229,082
NET INCOMEI(EXPENDITURE)
(23,7211
8.325
(15.396)
64,782
RECOryCILIATIOY OF FUNDS
Total bTought torward
138.577
51.680
190,257
125.475
TOTAL FUINDS CARRIED FORWARD
114856
60,005
174861
190,257
Th¢ note5 form part of these financial statement5
Page 9
Llghtwa*¢s Co]nmunity Trust
Balance Sh¢et
30 September 2023
2023
Total
fund5
2022
Total
funds
Unrestricted
fund
Rcslricted
funds
Note5
FIXED ASSETS
Tangible assets
18,545
18,545
23,181
CURRENT ASSETS
DcbtOTS
Cash at bank and itt hand
37.066
140 585
37,066
189519
34,822
202,605
177.65]
4&934
226,585
237.427
CREDITORS
Amounis fallin¥ within onc year
10
{62,7951
17,4741
170,269}
170.351)
NET CURRENT ASSETS
114856
41,460
156J16
107,076
TOTAL ASSETS LESS CURRENT
LIABILITIES
114.856
60,005
174,861
190,?57
NET ASSETS
114856
174861
190.257
FUNDS
Unrcstricicd furtds
Restricted funds
114,856
138,577
51.680
TOTAL FUNDS
190257
The charitablc compatty is entiiled to exemptioii from audit under Section 477 of the Companics Act 2006 for the year
ended 30 September 2023.
The eMberS have not required the company to obtain an audit of its financial statements for the y¢aT ended
30 September 2023 it] a¢cDrddnce with Section 476 of thL CompaniLs ALI 2006.
The ISte£S acknowledge their responsibilities for
IA)
ensurtng that Iht ch#rilable cotnpany keeps accounting records that comply with Sections 386 and 387 of th¢
Cgmpanie5 Act 2006 and
prepllring financial 5taiemcnts which ¥ive a ITue and f&iT v2ew of the state of affairs of the charitable company as
at the end LTrf eaLh fin&noial year and of its surplus or deficir for each fin3nci81 year in accordanc¢ with the
requirements of Sections 394 and 395 and which otherwise comply wilh the rcquirLm¢nts of the CoTnpanie5 Act
2006 Telating to financial stakmcnts. so far as applicable to th¢ charitable company.
Ibl
The notes form part of th¢$e financial Statements
Page 10
continud...
Lightwaves Cornmunlty Trust
Balance Sheet- contlnued
30 September 2023
These tinancial statements have been PT¢pered in accordance witb the provisions applicable to ¢hgritable CQTnpanies
subjtri to the small companics rcgime.
The financial statements were appr()ved by the B0d of Tru5t¢¢b and auth0ri5ed for issue on 26 June 2024 and weTe
sisncd on its behalf by..
Mr M Ayub- Tru5te¢
Mr M G McKigncy- T
tee
The notes fomi part of these fin&n¢ial ststeTti¢llts
Pagell
Ligbtw&ve$ Community Tr$t
Nott$ to the Frnan¢i#l St#timcnt$
for the year ended 30 September 2023
ACCOUNTIIYG POLICIES
Basls of prep9rlt)g the finAnclal stAtemeDts
The tinancial statcments ot thc charitable cosnpany, wbich is a public benefit entity uttd¢r FRS 102, have b¢¢n
prepared in accoTdanrc with th¢ Charities SORP IFRS 1021 'Accounting 2nd Reporting by Charities.. Statcment
UI RL'CUtnTnended PTaLtiri appli¢abl¥ lu chariiits prcparing their accounts in accordanc¢ with the Financial
Reporttng Standard applicablc in the UK and Republic of Ircland IFRS 1021 leffective l January 20191,.
Ftnattcial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
ITgland' and the Companies Act 2006. The financial siatem¢nts have becn prepared under the historical cost
onv¢ntion.
GoSng eoncrr
ThL fittdttLi1 stalLmenis att drawn up on thL going concern basis which assumes the TnESt will continuc in
operational ¢xistence for ihe foreseeable futUTe.
The TnLSt's principal sources of tncome are from the tr2ding activities. sports event5 and event income. New
income sir¢ams are continually being evaluated and initiatives sought to balanc¢ Rgainst 8ny disruptions
to the usual trading pÈtteTn.
The Tru&lc¢s mVnitVT Lash flow and lh¢ bud¥¢t forecast ort a r¢gular basis takirt¥ into ¢on5iderativn the ¢hattgin¥
economiL and social climate, along with public sector financ¢ availability.
The Trustr$ budg¢is indi¢aie that the Tn]st will be able to mainlain liquidity for a period of at least one year
followirt¥ ihe dale of signin¥ thes¢ finanLial btsi¢menis and sustain its OparIOnal existence duriii8 the
twelve tnonth5 and accordiii¥ly, the Trust accounts are appTopri&tely PT¢paT¢d undeT the going conc¢TD ba515.
ExpeTLditure
Liabilitics are re¢ognis¢d as exp¢nditUTe as soon as ther¢ 1$ 2 le¥al OT ¢OttStrtJctive obli¥ation ¢ommittin¥ th¢
charity ro that Cxpendituye, it Is probablc that a transfer ot. cconomic bcncfiis will bc rcquircd in scttlcmcnr 2nd
the amount of th¢ obligation can be measured Tcliably. Exp¢ndiluTe is arrount¢d for on an accTua15 basis and has
been cla5Sltied under headings that aggregate all cost related to the category. Where costs cannot be dircclly
attributed to particular headillg5 they have bEen allocated to a¢tivit1¢5 on a basis con51Stent with the use ot
Tesourccs.
Tanglble fix¢d gssets
Depreciation 15 provided at the following annual rate5 in order to WTite off each asset ovcr its esiimatcd use]
Sports cquipjneni
FTKtyT¢S and fittings
25.10 on ¢osl
2/0 on cost
No depTeciation is charged in the year of ecquisition and a fijll years deprcciaiion is charged in th¢ year of
disposal.
Tangiblc fixed assets are initially recorded at C05t and the charity doe5 not capitalise fixed assets which cost less
than £1,000.
Taxatloo
The charity 15 exeinpt from corrK>ration tax on its charitable activities.
Futtd a¢¢outhting
UttrL'StrictLd funds ¢aD bc us¢d in accordance with the charitable objectives at the discretion of th¢
trustces.General fund balances are comprisLd of CLntre income and fundraising income foT the ¥eneTal putposes
of the c¢ntr¢.
R¢stricied fund balances are comprised of 8rants and donations from individual donors. The temis attd
cottditlQll5 of the ftjnds relate to specific requests at the tiTne of receipt by the Tntst. Further explanation of the
naturc and purposl of cach fund is included in the notes to thc financial statements.
Page 12
continued...
Llghtwaves Commut)Ity Tru$t
Notes to the Flnanci*l Stgtcments- tontlnued
for the year ended 30 September 2023
ACCOUNTING POLICIES- continued
Fees and othcr in¢om¢
Fees receivablc and charges made for services and us¢ of premises are accouttled for in the prriixi in which the
5¢Fvice is provided.
Grants and don9tions
Dollations are accounied for in the period in which they are received or the amount receivable 1$ know51 with
certainty. Grdnt5 aTe flCCt¢d in PTOPOrtion to th¢ expenditure to which it relates. Grants and donations given for
the general purposes of thc ccttlrc are includLd in unrestrtcied funds
OTHER TIUDING ACTIVITIES
1023
2022
Events catering income
MiscLllanLOUS incorne
Rents receivable
49,575
15
175458
28,769
28
156.758
225 048
185,555
IIYVESTMENT INCOME
2023
2022
Deposit account interest
795
38
NET INCOMEI(EXPENDITURE)
Net incomcllexpcnditurel is stated after chargingllcrediting)..
2023
2022
Depreciation - owned assets
5,795
TRUSTEES, REMUNERATION Af40 BENEFITS
No Trustee received Temuntration or oth¢T b¢nefil8 for their work as a Trus*¢ during thc year ended 30
SepttmbeT 2023. 14owever, as disclosed in note 13, un¢ of the cornmunity centre managcrs was remunernted for
th¢ir sctvicL as att employee. in accordan¢¢ with the Memorandum and Articles of A$soci&tion.
Tru5tees' expens0$
There were no trust¢e5' exp¢n5¢s paid for the year ended 30 Septembcr2023 Dor for the year ended
30 September 2022.
Page 13
continued...
Lighthaves Communlty Trust
Note5 to the Fithathcixl Statement5- continued
for thc year ended 30 September 2023
STAFF COSTS
The avcragc monthly number of etnploy¢e5 during the year was as follows..
2023
2022
Management and administtHtion
Prernise5
No employeLb received etnolutnents in excess of £60.000.
COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
fllnd
Rcsthctcd
funds
Total
J)ds
INCOME AND ENDOWMENTS FROM
Donations alld Icgacie5
37,992
37,992
Charltablt activities
Sports facilities income
70,279
70,279
Oihcr trading activities
Invc5rmtnt inCOTne
185.555
38
185.555
38
Total
255.872
37.992
293.864
EXPENDITURE ON
Charitablc acti%'ltles
Mana¥ement and administration
EvcntS
Publicity and promotion
PTefftis¢s
68,270
10.805
150
127.058
17,004
85,274
10.805
150
132.853
5.795
TotY41
206,283
22,799
229,082
iYET INCOME
49.589
15,193
64.782
RECONCILIATION OF FUIYDS
Total funds brought foNaTd
88.989
36,486
125.475
TOTAL FUNDS CARRIED FORWARD
138.578
51,679
190.257
Page 14
continued...
Lighhvave5 CommunIty Trust
Note5 to the Financial Statements- contlnued
for the year ended 30 September 2023
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Sports
equipmcnt
Totalg
COST
At l October 2022 and 30 SeptetnbeT 2023
3,469
DEPRECIATIOD4
Ai l OctobeT 2022
Chargc for ycar
3,469
6,938
10,407
At 30 September 2023
NET BOOKVALUE
AI 30 September 2023
18
At 30 Sept¥mbrr 2022
23.181
DEBTORS: AMOUNTS FALLIG DUE WITHIN ONE YEAR
2023
2022
Trade debtOTS
Prepayments and accrued illcome
35.242
33.288
34.822
io.
CREDITORS.. AMOUYI TS FALLIYI G DUE WITHIN ONE YEAR
2023
2022
TTadc eredil0T$
Other creditors
Accn]als and d¢feTr¢d incoTne
12,731
17,250
30.847
23.250
16,254
70.351
MOVEMENT IN FUNDS
Net
tnoveiment
in funds
At
1.10.22
At
30.9.23
Unrestricted funds
General fund
138,$77
{23.721)
114,856
Restricted funds
Grants
Donations
51,680
6,934
58.614
8.325
TOTAL FUNDS
190257
15
96
174861
Pa¥e 15
continued...
Lighhvaves Communlty Trust
Note5 to the Flnanclgl St#tements- continued
ftsr the year ended 30 Septemb¢r 2023
ii.
MOVEMENT IN FUNDS- contlnued
Net movcment in funds. irt¢lud¢d in the above are as follows..
Incoming
resources
ResouTce5
expend
Movemcnt
in funds
UNre5tricted funds
General nd
279.333
1303,054)
123.7211
Restricted funds
Grants
Donation5
50,361
{43,430)
6.934
TOTAL FUNDS
332 771
34&16
15
96
Compar*tivt$ for movernent in fuDd5
Net
movetnellt
in funds
At
At
30.9.22
Unrestri¢ted fuDd5
General tund
88.989
49,588
138,577
Restricted funds
Granrs
Donations
33,636
2.850
18,044
2,8501
51,680
15.194
TOTAL FUNDS
125.475
190,257
ConipaTative n¢1 movemcni in funds, included in the above are as follow5..
lll¢oFning
r¢sources
Resources
expended
Movement
in funds
Unrestricted funds
G¢niTal fund
255.872
1206,284)
49.588
Restricted fund5
Grants
Donations
35.417
2,575
{17.373)
18.044
2.8501
37,992
22,798
15.194
TOTAL FUNDS
293,864
229.082
64.782
Pa8e 16
continued...
LightWY4ve5 CornmuDltv Trust
Notes to the Fitlancial Stattnient5- COtLtinued
for the yi'ar ended 30 September 2023
MOVEMENT IN FUNDS- continued
RESTRICTED FUNDS
Foodbankl Food Pantry Servlce
The Tiod of tlie pandemic saw Ligbtwaves become a vital corntnunity hub to help lu¢al peopl¢ nL¥atively
iTnpactcd socially 2nd e¢ollomi¢ally by the health crisi5. Thankfijlly thc major healtli iTnpact5 of Covid-19 have
receded but the economi¢ and social effects have continued alongside worsening e¢c)DQTnic conditions. Thc
devLlopmenl and growth of tlie Lighnvaves fuud bank SLfviLL showed thi8 and a5 knowledge and expLrienre of
providing such support deepened otliei tnodels apd approaches to dcaling with food povety wer¢ ¢xamintd and
dIscussL with partncrs 5ucli a5 Ncxl Gcneration, the local mosques Étnd Wak¢tield Council. A movc to a foc)d
pantry SeTvice was developed, wh¢re U5eT5 bub.4Lribe for £5 per week and can then select fTOTn a range of
foodstutls and hou%ehold %upplie5. as well as personal hygienc and other clLaning products to the valuc ot'£40.
The transition to a food pantry service took a lot of WDrk in terms of a different set-up as well as fit-out to a
anoiher space and with new admini51rative arrangements bul it all went VLYY 5nioothly and successfully. Overall
it has been a smooth and cffcLlive chang¢ with volunteers and users of tbc service SeEing it a5 a very sItIve
development in ¢ffort5 to 5UPPOrt tamilics and individuals experiencing n¢td. Clearly thc consultation with ueT5
a5 well as the development of th¢ S¢Tvice from other5, best pr8Cttce and experies2c¢ certainly helpcd.
Familics and individuals continue to be Tetcrrcd to thc Food Pantry via Wakefield Couiicil's Weltare TLam ur
via the Citizens Advice Bureau. D¢mAnd for support for d¢priN'ed familics has remained high and a5 the cost of
livinb? crisis wa5 compourtdcd by SL'VCIC ¢ncrgy cosi Tise5 It h&5 become a key pillar ()f what Lightwavc5 l5 able
io otTLr the local romniunity.
The Lnergy Crisis dnd its impacts on wulncrable f.amilies has bL¢Tr th¢ development ot'warni Spaces iniliativcs.
Lightwaves made succtssfvl grant applications to th¢ "Wann Spaces and the PTOSpeT Together Funds which
will allvw us to PTovid¢ warm spacc as well as provide a hardship grant to poor families experiencing financial
etnergencics.
A £1 1,000 grant from th¢ Prosper Together Fund ivas rcceived during the year which complcm¥nls Ihc food
pantry work. In this we established a decision plln¢l Tntsi composcd of 3 LightWaV¢ Trust rllembcrs who
consider applicaliun% via r¢f¢rrals to help farnilies experiencing exLeplional hardship and crncrgenci¢s. Th¢5e
applications for support typically ill¢lude provision of Vouche lo rcplace a bToken fridge, or Provide z bed gr
bedding, clothing fvT bchool, tlc. The schcmc will continue into 2024 and beyond providitjg a vital fo of
support hLlping families out in crisis vi de5p¢ral¢ ClTcumstances.
Fund balance £9,4601£8.069 GranV£1,391 Donaiiotts) at 30 SepteTnbeT 2023
Power to Change
The Power lo Chan8L an1 was foT a part Share ot. rhe capital wurk5 on the building to make it safe for tlie
public lo come into the centr¢ and rhen feel safe on¢¢ they were using IhL building. We had newly tilted
&utornarLd eniranle door5, a new inlLmal and extemal Tnodern digital CCTV system, and cleaning
prL)dUCteqUlpfell[ that cvuld deal th tlie COVID-19 vinjs.
Fund balance L9.600 ai 30 Scptcmber 2023 (held a5 taiigible fixed asseisl.
OVA Support Fund
During rhc pandemi¢ Lightwaves lias been a lifeltnL' fur many cotnrnunÈti¢s' many within Dur local cointnunity
had exp¢TiencEd sigiiificant ditficultie% which Tneant that we needed to adjust our activities to suppon rhem. Thc
NOVA fund has helped Li¥htwav¢5 10 dcl'elop and the &eiting up of the toodbank for those ¢xpeTicncing
rinzncial hardship, including food dtliveries foT Yulnerablc residents and those isolating. Some of the futjding
has also gone towards match funding wilh tht other pois to cotnpl¢t¢ capital works.
Fund balance £8.945 at 30 Septemirr 2023 (held a5 tangible fixed assets}.
Page 17
continued...
LightWAves Community Trltst
Nol¢$ tv the Financi#l St•timtnt$ Continued
ror the yegr ended 30 September 2023
MOVEMENT IN FUNDS- continued
Wakefield Happy, Healthy Holid#vs
Th¢ Happy Healthy 140lidays bchem¢ has b¢en continued with funding allowing spons. learning and social
aciivities for 8-16 year olds. Each child participating gets a healthy meal each day during the sch¢ni¢. The
scheme is inclusivc and created and operated to help impTOVt fitDe.45 lev¢15. 5UStain creativity and en¢ourdge
healthy eating.
Fund balance £20.805 at 30 September 2023.
Emtrgenty As$i$t2nce
The Emergcncy Assistance grant continued to help Lightwaves foodbank T¢5tock much ne¢d¢d fi)od 5uppIi¢5 SO
we could conitnuc suppoftin¥ our local community.
Fund balance £1.500 al 30 September 2023.
WF Connect Cafés
The WF Connect Cafes grant was received from Wakefield Council, to provide IT and internet a¢¢ess and
gupport metnbct5 of Ihc cotntnuiiity and public, to help with cdueattott, cmploymcnt attd other online services.
Fund balance £7,000 at 30 Scptcmber 2023.
Warm Spaces
A sucte54ful fvnding application allowed continuation of the Warni Space initiative for ihc community over the
wintcr period. This provided a wami and welcoming space as well as contributing to people's quality of life and
5UPPOrting positive social interactions.
Fund balance £1.695 ai 30 S¢piember 2023.
Household Support Fund
Funding continued into this year providing a vital tool to help famili¢$ and individual$ in desperat¢
circumstanccs.
Fund balance £1,000 at 30 SeptefftbeT 2023.
Transfers betwetth funds
Transfers arc made from the restricted fund when expenditure h&8 beett incurred on items the grants and
donations were intended to cover.
The rcsultcd unrestricted gcncral fund has ariscn primarily trom rcntals dcrived from the use of the cenire 2t)d
11 future reSoUeS Ted will b¢ for the purpDSe of the iy)ntilluing use of the crntre.
12.
RELATED PARTY DISCLOSURES
During the y¥ar, r¢mun¢ration of £22.743 12022: £22,847) was paid to vn¢ of the cornTnunity centTe manager&
who is also a trustee. No trustee receiv¢d any remuneration in iheEr capacity as tn]8tee.
No trustLe ¢laiTned out of poGk¢t ¢Kp¢nse5 forttav¢lling to meetis12022.. £nill
The TTU5t ha5 arranged Charity Trust Assurance at a cost of £26612022.. £2661
In 2020 Next Generation provided an int¢rest free loan with no specific repayment ternl8. The balance of this is
shown in Creditors: amounts falling due in less than one y¢ar- £17.25012022.. £23,250).
Page18
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