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← Chain Lane Community Hub

2023-12-31-accounts

Charity Registration No. 1150969 Company Registration No. 07527344

CHAIN LANE COMMUNITY HUB

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

CHAIN LANE COMMUNITY HUB

LEGAL AND ADMINISTRATIVE INFORMATION

Directors Leon Fijalkowski (appointed 8 July 2015) Sam Alexander-Vasey (resigned 15 September 2023) John Gray (appointed 1 August 2019) Wendy Hunwick-Brown (appointed 1 August 2019) Sarah Sturgeon (appointed 23 October 2019) Nick Garrett (appointed 22 April 2020) Hannah Gostlow (resigned 19 June 2023) Natasha Barber-Evans (appointed 11 August 2022) Jane Farquharson (appointed 12 September 2023) Hasan Muhammad (appointed 12 September 2023)

Registered Office Chain Lane Community Centre Chain Lane Knaresborough North Yorkshire HG5 0AS Charity Number 1150969 Company Number 07527344 Independent Examiner White Rose Accounting Cobdale Cottage Cobdale Lane Warter York YO42 1XD Bankers HSBC Bank Plc 7 Prospect Crescent Harrogate HG1 1RN

CHAIN LANE COMMUNITY HUB

CONTENTS

Directors’ report 3
Statement of directors’ responsibilities 8
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Statement of Cash Flows 12
Notes to the accounts 13

CHAIN LANE COMMUNITY HUB

DIRECTORS’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

The Directors present their report and accounts for the year ended 31 December 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charitable company’s governing document, the Companies Act 2006 and the Statement of Recommended Practice, “Accounting and Reporting by Charities in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective 01/01/15).

Objectives and activities

The Trustees confirm that they have complied with the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning for future activities. In particular, we have considered how planned activities will contribute to the aims and objectives that have been set.

The charity’s aims and objectives are:

“To further of benefit the residents of Knaresborough, North Yorkshire and the Harrogate district, without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the said residents 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 leisure time occupation with the objective of improving the conditions of life for the residents”.

As such, Chain Lane Community Hub is a multi-purpose community hub with the primary purpose of providing social, recreational, educational and entertainment facilities to the inhabitants of Knaresborough and surrounding areas that also acts in a community anchor role, supporting a range of partner organisations to work collectively toward the same goal of improving the life conditions of local residents. Activities provided during 2023 included the following:

3

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake.

The charitable company’s policy is to consult with stakeholders over matters likely to affect their interests.

Information of matters of concern to stakeholders is given through information bulletins and reports which seek to achieve a common awareness on the part of all stakeholders of the financial and economic factors affecting the charity’s performance.

Applications for employment by disabled persons will always be fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort will be made to ensure that their employment within the charitable company continues and that the appropriate training is arranged. It is the policy of the charitable company that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of any other employee.

Achievements and performance

Accommodation for the Mass Vaccination Centre ceased in March 2023. This provided the opportunity in June to welcome the NHS Phlebotomy service and Cliff House Community Support who provide services to elderly and frail residents in the town. The charity continued to support the Ukrainian community arriving as a result of the war, continuing to bring in grant income to support these activities. In March 2023, the charity transferred management of The Kiosk and Games in the Park facilities at Conyngham Hall Knaresborough to local community group Community Stars CIC who will now ensure future sustainability of this important local community asset.

In cash flow terms, Chain Lane ended the year with an in-year surplus of £6,996 and £78,426 cash in hand at the bank, significantly above the £45,000 reserve to cover three month’s running costs as agreed by the Board of Trustees. This meant that Chain Lane was able to enter the 2024 financial year in a robust position.

The Trustees increased the hours of the CEO and Community Empowerment Manager to full time to accommodate the growth in activity being undertaken.

The Board has retained highly skilled individuals, with great local knowledge and a real commitment to supporting the development of the charity and the local community. It has also recruited two new Trustees who are also tenants of the community centre and bring skills and knowledge in working with elderly people and ethnic minorities.

4

The staff team has put in a significant amount of work to support engagement with young people, development of new services for older people and development of volunteering infrastructure in the town.

Accommodating the phlebotomy service has enabled the charity to maintain the raised profile it achieved whilst hosting the vaccination centre. This has resulted in significant new enquiries for bookings as well as bringing in new residents who are accessing information and support at the centre and in the wider community.

The charity has continued to implement its business plan in terms of the building, partnership development and strategic influencing and an increase in frontline delivery such as community transport which commenced in January 2023 and now has 33 regular clients and 13 volunteer drivers.

Chain Lane Community Hub continues to recognise the value and importance of working with the local community. Knaresborough Together volunteering now has over 100 residents subscribed and 25 of these are regularly volunteering for the charity. The volunteer gardening group has established a community vegetable and sensory garden at the Centre through funds secured from the Morrisons Foundation and continue to work across the town on various horticultural and environmental projects. Chain Lane continues to co-host Knaresborough Voice, bringing together key groups and stakeholders from across the town to explore solutions to identified need in subject areas such as young people, older people, health and well-being, arts and culture, heritage, transport and biodiversity.

Funded by North Yorkshire Council the charity is now the community anchor for Knaresborough and surrounding areas. This provides Chain Lane with system partner status, lining the statutory sector to the local community working with a wide range of partners and stakeholders to produce a community investment strategy for the town.

5

Financial Performance

Income for the year increased from £165,485 to £201,960 due to securing new tenants, grant funding for project work and maximising the hireable spaces at the community centre.

The positive financial position has enabled investment in improvements to the charity such as a new electronic front doors, smart TVs in the meeting spaces and new noticeboards and signage to improve information points. Staff costs have risen in line with the increased workload and these have been met by corresponding grant funding. As a result cash in hand and at bank increased by £6,996 on 2022 with £78,426 in place at the year end. This is significantly more than the £45,000 required for operational reserves and puts the charity on a strong financial footing for 2024.

Forward Planning

The Trustees continue to assess the major risks to which the charitable company is exposed and have worked with the management team to establish an up-to-date Risk Register which is assessed and updated on a quarterly basis with systems and procedures in place to ensure risks are avoided and/or mitigated.

They meet on a quarterly basis.

Planning is in place to develop new income streams from room rental in the light of new community need, and ongoing applications for additional grant and statutory sector funding to support the development of emerging and new activity. A maintenance plan is in place for the building to ensure the spaces continue to be of the highest quality for residents. As is stands the charity is expecting to make an inyear surplus for the 2024 financial year and is not anticipating any existential threats as a result of the current operating environment.

Structure, governance and management

The company became a registered charity on 26 February 2013 and is governed by its Memorandum and Articles of Association. Its principle activities are

The Trustees, who are also the directors for the purpose of company law and who are current directors or who served during the year were:

Leon Fijalkowski (appointed 8 July 2015) John Gray (appointed 01 August 2019) Wendy Hunwick-Brown (appointed 01 August 2019) Sarah Sturgeon (appointed 23 October 2019) Nick Garrett (appointed 22 April 2020)

6

Natasha Barber-Evans (appointed 11 August 2022) Jane Farquharson (appointed 12 September 2023) Hasan Muhammad (appointed 13 September 2023)

Trustee Selection Method

There must be a minimum of 6 Trustees on the Board at one time, with persons being elected for a five-year term. The incumbent Trustees may recruit new Trustees at any time.

None of the Trustees has any beneficial interest in the company.

The Trustees give their time voluntarily and receive reimbursements for expenses only.

Organisational Structure

As of the end of 2023 the charity had a board of Trustees of 8 members responsible for the strategic direction and policy of the charity. The current members of the Board are from a variety of professional backgrounds.

The board is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met.

The report was approved by the Board of Trustees

L Fijalkowski Chair of the Board

Dated 31[st] May 2024

7

CHAIN LANE COMMUNITY HUB

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

The directors, who also act as trustees for the charitable activities of Chain Lane Community Hub, are responsible for preparing the Directors’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these accounts, the directors are required to:

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

8

CHAIN LANE COMMUNITY HUB

Independent Examiner's report to the trustees.

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below

Independent examiner's statement

In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements:

Zillah Hopps FMAAT White Rose Accounting 21st May 2024

9

CHAIN LANE COMMUNITY HUB

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Other income
4
Total income and endowments
Expenditure on:
Charitable activities
5
Net income for the year
Transfers between funds
15
Net movement in funds
Fund balances at 1 January 2023
Fund balances at 31 December 2023		 Unrestricted
funds
£
22,204
79,754
81,482
183,439
196,663
(13,223)
-
(13,223)
190,307
177,083		 Designated
funds
£
-
-
18,521
18,521
11,194
total in box
E105
7,327
-
7,327
9,742
17,069		 Total
2023
£
22,204
79,754
100,002
201,960
207,856
(5,897)
-
(5,897)
200,049
194,152		 Total
2022
£
6,108
102,373
57,005
165,485
160,664
4,821
-
4,821
195,227
200,049

10

CHAIN LANE COMMUNITY HUB BALANCE SHEET AS AT 31 DECEMBER 2023

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
12
Deferred income
13
Net assets
The funds of the charity
Designated funds
Unrestricted funds
16		 £
£
484,449 box E135
6,562
78,426
84,988
box E175
(13,813)
71,175
555,623
(209,201)
(152,270)
194,152
17,069
177,083
194,152
2023		 £
£
515,055
10,941
71,430
82,371
(12,384)
69,987
585,041
(220,214)
(164,779)
200,049
9,742
190,307
200,049
2022

The Trustees are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors (Trustees) acknowledge their responsibilities for:

i) ensuring the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006; and ii) preparing financial statements which give a true and fair view of the state of affairs of the company at the end of each financial year and of its profit and loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standards for Smaller Entities (effective April 2008).

The accounts were approved by the directors on 11th June 2024

Leon Fijalkowski Chair of the Board of Trustees

Company Registration No. 07527344

11

CHAIN LANE COMMUNITY HUB STATEMENT OF CASH FLOWS AS AT 31 DECEMBER 2023

Notes
Net cash provided by/(used in) operating
activities
16
Cashflows from investing activities:
Purchase of property, plant & equipment
Proceeds from the sale of investments
Net cash used in financing activities
Change in cash and cash equivalents in the
year
Cash and cash equivalents at the start of the
year
Total cash and cash equivalents at the end of
the year
Analysis of cash and cash equivalents
Cash at bank and in hand		 2023
£
13,355
(6,358)
-
(6,358)
6,996
71,430
78,426
78,426		 2022
£
11,914
(5,838)
-
(5,838)
6,076
65,354
71,430
71,430

12

CHAIN LANE COMMUNITY HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting policies

1.1 Accounting convention

The financial statements are prepared under the historical cost convention in accordance with the applicable U.K Accounting Standards (U.K. Generally Accepted Accounting Practice) and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective 01/01/05) and the Companies Act 2006.

The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the accounts, the directors have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors' continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives unless the funds have been designated for other purposes. Designated funds have been approved by the directors for a specific purpose.

1.4 Incoming resources

Donations and gifts comprise amounts received in the year.

Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings which aggregate all costs related to that category. No allocation of costs between different activity categories has been deemed appropriate as they are not considered material.

1.6 Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings 4% straight line on buildings
Plant and machinery 33.3% straight line
Fixtures, fittings and equipment 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income (expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

The directors consider that no such loss has been incurred.

1.8 Grants

Grants towards capital expenditure are released to the Statement Of Financial Activities over the expected useful life of the assets. Grants towards revenue expenditure are released to the Statement Of Financial Activities as the related expenditure is incurred.

13

2 Donations and legacies

**2 ** Donations and legacies
2023 2022
£ £
Donations and gifts 22,204
 6,108
**3 ** Charitable activities
Hire of rooms and Release of
Rent received facilities grant income Total Total
2023 2022
£ £ £ £ £ CT600
Income from charitable activities 18,859 48,386 12,509 79,754 102,373 67,245 Box E60
134,715 Box E85
201,960 total Box E90
**4 ** Other income
Designated
Unrestricted funds funds 2023 2022
Grants £ £ £ £
Net gain on disposal of tangible fixed assets
Awards for All - 9,434
 9,434
 9,746
Better Connect Kickstarter - -
 - 7,466
Garfield Weston 30,000 -
 30,000
 -
Harrogate District of Sanctuary - -
 - 550
Harrogate Mind - 2,500
 2,500 500
Homecare Pharmacy - -
 - 1,120
The Morrisons Foundation - 5,332
 5,332 -
Newcastle Building Society - -
 - 4,000
North Yorkshire Police, Fire and Crime Commissioner - -
 - 1,672
NYCC Community Anchor Grant 7,500 -
 7,500
 -
NYCC Stronger Communities 10,942 -
 10,942
 21,700
NYCC Ukraine Grant 25,232 -
 25,232
 -
Orb Community Enterprise 1,000 -
 1,000
 -
The Kiosk at Conyngham - 1,255
 1,255
 6,629
Other income 6,808 -
 6,808
 3,622
**5 ** Resources expended 81,482 18,521
 100,002
 57,005
Staff and payroll costs Unrestricted funds
£
74,193		 Designated
funds
£
-
 2023
£
74,193
 2022
£
65,926
Depreciation and impairment 36,964 -
 36,964
 35,575
Rates (119) - (119) 773
Insurance 3,485 -
 3,485
 3,228
Light and heat 8,341 -
 8,341
 5,929
Professional fees 1,850 -
 1,850
 1,351
Advertising 5,677 -
 5,677
 -
Sundry expenses 8,937 -
 8,937
 3,170
Friends of Ukraine fire engine 19,000 -
 19,000
 -
Print, post, stationery 1,659 447
 2,106
 2,862
Data and telecoms 7,970 -
 7,970
 7,319
Cleaning 5,691 -
 5,691
 6,041
Repairs and maintenance 10,762 4,855
 15,617
 14,787
The Kiosk at Conyngham (excl salaries) - 5,892
 5,892
 1,468
Support costs (see Note 6) 184,411
526		 11,194

-
 195,605

526
 148,430
-
Governance costs (see Note 6) 510 -
 510
 510
Finance costs (see Note 6) 11,216 -
 11,216
 11,724
196,663 11,194
 207,856
 160,664
**6 ** Support costs
Subscriptions Support
costs
£
526		 Governance
costs
£		 Finance
costs
£
 2023
£
526
 2022
£
-		 Basis of allocation
Support
Accountancy and audit fees 510 510 510 Governance
Loan interest current year 11,216 11,216 11,724 Finance
526 510 11,216 12,251 12,234

14

7 Staff Costs and emoluments

Gross salaries
Employer's National Insurance
Employer's pension contributions
Average number of employees (full time equivalent)
No employees received remuneration in excess of £60,000		 2023
2022
£
£
70,709
63,757
-
-
3,484
2,169
74,193
65,926
2.5
2

8 Taxation

Chain Lane Community Hub is a registered charity and its primary activities are not subject to Corporation Tax.

9 Tangible fixed assets

Land and
Plant and
buildings
machinery
£
£
Cost
At 1 January 2023
853,216 5,100
Additions
-
-
At 31 December 2023
853,216 5,100
Depreciation and impairment
At 1 January 2023
343,076 2,576
Depreciation charged in the year
33,129 1,262
At 31 December 2023
376,205 3,838
Carrying amount
At 31 December 2023
477,011 1,262
At 31 December 2022
510,140 2,524
10 Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
11 Creditors
Amounts falling due within one year:
Trade creditors
Loans < 1 yr
Net wages
HMRC PAYE/NICs
NEST pension
Accruals
Land and buildings are subject to security on charges registered by third parties.		 Fixtures,
Total
fittings &
equipment
£
£
12,658
870,974
6,358
6,358
19,016
877,332
10,267
355,919
2,573
36,964
12,841
392,884
6,175
484,449
2,391
515,055
2023
2022
£
£
910
10,622
5,652
320
6,562
10,941
2023
2022
£
£
-
-
10,504
9,996
-
-
891
382
452
268
1,966
1,738
13,813
12,384
12 Creditors
Loans > 1 yr
13 Deferred income
Total deferred income at 1 January 2023
Amounts credited to statement of financial
activities
Amounts falling due after more than one year		 2023
2022
£
£
209,201
220,214
209,201
220,214
2023
2022
£
£
164,779
177,288
(12,509)
(12,509)
152,270
164,779

14 Share Capital

The charity is limited by guarantee and has no share capital. In the event of the charity being wound up the members are required to contribute an amount not exceeding £1.

15

15 Analysis of funds 15.1 Funds held

Fund name

Awards for All

Friends of Ukraine

Garfield Weston Harrogate Mind The Morrisons Foundation NYCC Community Anchor NYCC Stronger Communities Orb Community Enterprise

Type

Designated

Unrestricted

Unrestricted Designated Designated Unrestricted Designated Unrestricted

Purpose and restrictions

To set up community activity during Covid lockdown to enable individuals to participate in Covid safe activities.

To support Ukrainian refugees with learning English, practical support to aid their resettlement and social integration and community activities

To fund core costs over a 12-month period

Contribution towards Ukrainian Refugees East Coast day trip Creation of vegetable and sensory garden System partner for North Yorkshire Council

To fund community consultation work to inform future service development and business Support for Mental Health Network

15.2 Movement of major funds

Fund name
General unrestricted funds
Friends of Ukraine
Garfield Weston
NYCC Community Anchor
Orb Community Enterprise
Designated funds
Awards for All
Harrogate Mind
The Morrisons Foundation
The Kiosk at Conyngham
15.3 Analysis of net assets between funds
Tangible fixed assets
Current assets
Creditors: amounts falling due within one year
Creditors: amounts falling due after more than
one year
Deferred income
16
Net movement in funds
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Increase/(decrease) in deferred income
Net cash provided by/(used in) operating acti
Reconciliation of net movement in funds to n
from operating activities		 Balance b/fwd
Incoming
resources
190,307
108,765
-
36,174
-
30,000
-
7,500
-
1,000
190,307
183,439
7,309
9,434
-
2,500
-
5,332
2,433
1,255
9,742
18,521
vities
et cash flow		 Outgoing
resources
Transfers
Balance c/fwd
(169,088)
-
129,984
(27,075)
-
9,099
-
-
30,000
(500)
-
7,000
-
-
1,000
(196,663)
-
177,083
(447)
-
16,296
-
-
2,500
(4,855)
-
477
(5,892)
(2,204)
(11,194)
-
17,069
Unrestricted
funds
Designated
funds
Total
£
£
£
484,449
-
484,449
67,919
17,069
84,988
(13,813)
-
(13,813)
(209,201)
-
(209,201)
(152,270) -
(152,270)
177,083
17,069
194,152
2023
2022
£
£
(5,897)
4,821
36,964
35,575
4,379
(6,632)
(9,583)
(9,341)
(12,509)
(12,509)
13,355
11,914

16