**REGISTERED CHARITY NUMBER: 1151282**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
**FOR**
**THE WELCOME CENTRE (HUDDERSFIELD)**
SMH Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS
**THE WELCOME CENTRE (HUDDERSFIELD)**
**CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 9|
|**Independent Examiner's Report**|10|
|**Statement of Financial Activities**|11|
|**Balance Sheet**|12 to 13|
|**Cash Flow Statement**|14|
|**Notes to the Cash Flow Statement**|15|
|**Notes to the Financial Statements**|16 to 25|
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Object of the Charity**
The relief of persons suffering from poverty, sickness, disadvantage and the distress arising therefrom, by providing practical advice, guidance and support.
## **Charitable activities**
The Charity provides practical support to people experiencing extreme disadvantage in the Huddersfield area by:
- supplying a range of emergency packs to individuals and families in crisis
- receiving and storing donations of food, toiletries, bedding, basic household items and other goods which are made up into packs
-
-
-
-
-
-
-
- providing advice, guidance and support to assist individuals with underlying problems to make progress
- offering referrals and signposting to services and agencies that can help with specific needs
- delivering a fair, non-judgmental and inclusive service in a way that respects people's dignity
- working in partnership with local agencies and services, faith groups, schools, businesses and the media
- adapting our provision to meet needs through monitoring, feedback and consultation
- operating a year-round service
- offering volunteering opportunities to help individuals to gain skills, confidence and self respect as a stepping stone into employment.
The Welcome Centre (Huddersfield) has been operating since 1997. The number of people supported by The Welcome Centre has increased year on year since its inception, and The Welcome Centre now supports thousands of people each year. The Welcome Centre is meeting a real need in supplementing statutory and voluntary provision for those in crisis in our community. The Board has the objects of the charity at the front of its mind when making decisions and has regard to the guidance issued by the Charity Commission on public benefit.
## **Strategic objectives**
The board has three strategic objectives for the period 2022 - 2025:
- To provide a high quality, flexible service to those experiencing food poverty in our area.
-
- To provide a first class advice, guidance and support (AGS) service to meet the widest range of need.
- To expand and enhance our partnership working.
Page 1
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **OBJECTIVES AND ACTIVITIES**
## **Volunteers**
Volunteers are at the very heart of our organisation; they are essential to all areas of our work. We value our volunteer team greatly and strive to make volunteers feel proud of their contribution to our team. Thank you to all of our fantastic volunteers, without your tireless efforts, passion and energy we would not be able to do what we do.
Our volunteers come from all walks of life, and carry out a wide variety of roles at the Centre, including:
- Administration support: book-keeping, data entry, and fundraising administration tasks
- Delivery drivers: collecting donations from corporate and community supporters, and transporting stock between The Welcome Centre's two sites
- Warehouse: checking, sorting and recording all incoming donations of goods
- Phone referrals: taking incoming client referral phone calls from frontline agencies
- Store and fresh: making up client packs of food, toiletries, bedding, etc
- Store: making up client parcels of food, bedding, toiletries, etc
- Reception: welcoming clients on arrival and handing over client packs
- AGS: providing a listening ear and signposting to clients in reception
- Event support: helping at fundraising events and collections, and giving talks on behalf of The Welcome Centre
- - Specialist support: providing specialist advice on all areas including legal matters, health and safety, policy and procedures, and logistics and IT.
We currently have around 142 volunteers at The Welcome Centre, most of whom volunteer with us regularly, and some of whom volunteer seasonally or on a more casual basis. Our volunteers are recruited, trained, inducted, and supported by our staff team.
In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
Page 2
**THE WELCOME CENTRE (HUDDERSFIELD)**
**REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **STRATEGIC REPORT Achievement and performance**
## **Our achievements in 2023-24**
The Welcome Centre has continued to provide a high-quality food bank and advice, guidance and support service to the growing number of people needing crisis support in south Kirklees. We are considered a strong influencer across partners in the area also providing support to those in crisis.
Our service continues to operate from two sites across the town. Our main office based at Lord St, is central to the town with good access for clients and hosts our office based teams. From this office we receive and respond to our telephone referrals for support, our AGS team meet clients to offer support to those who are collecting their food packs and our admin, finance, fundraising and management functions are conducted. All these functions are supported by a team of around 50 volunteers. Our second site is our warehouse based at Lockwood. This is where our food stocks are held and the majority of our food packs are picked, packed and prepared for distribution. Our picking/packing/driving and decanting functions are almost exclusively completed by a team of 90 volunteers. The warehouse is also where our driver is based using route planning technology to plan deliveries for clients who may struggle to access our services, such as disabilities, transport issues and rural locations. South Kirklees is geographically a large area. This flexibility is really important for our clients who may be leading chaotic lives.
In addition to continuing to offer a high standard of support through our food bank, our AGS (Advice Guidance and Support) service has continued to develop and grow becoming an intrinsic part of our service, supporting clients in crisis and helping move people away from food poverty and the need to use a food bank in the future. Our AGS team structure has experienced some change over the year with staff transition across other areas of the organisation and the opportunity to recognise the skills and talents in the team to allow internal upward movement. Our AGS team deliver a broad range of support interventions, including triage and welfare checks, signposting and referral to other agencies, and emotional and listening ear support, as well as the opportunity to access budgeting and benefits appointments, our in-house fuel bank, and a grant programme providing emergency funding for essentials including white goods and furniture. We have also continued to deliver a digital inclusion offering, providing clients with mobile phones and SIM cards where needed, to help address the digital barriers that many of our clients face. We have also recognised that one of the common 'threads' that many clients are struggling with their mental health and general wellbeing. This has been a focus with the team really looking to engage on a 1-2-1 basis with clients - being a real advocate and safe space. We have worked in partnership with Paddock Community trust on offering wellbeing sessions for our clients - focussing on key groups/themes, such as Isolation, anxiety, men only groups. These have been welcomed by our clients and we look to continue to develop these services more.
In Spring 2024 Trustees and managers attended an 'away day' mid-year review of demand and services and indications at that time were that demand was likely to continuing to increase. At that point consideration was given to a number of areas around operating models including food packs, additional packs and provisions. The objective of the meeting was to ensure the long term sustainability of The Welcome Centre and the benefit to clients. Following that meeting some changes were made to the food pack contents, using vouchers for expensive fresh items and key decisions around purchasing some items for supplementary packs or returning to donation only availability. This meeting also invited a discussion around the demand of our AGS service and allowed trustees to provide real clarity to the team around the remit and boundaries of the provision protect the resources and capacity of the team and to prevent burnout/over subscription. As we moved through the year, demand for food packs levelled out and did not increase as predicted. AGS demand remains high with what feels more complex/multiple issues for clients requiring more resource to meet need.
We continue to be incredibly proud of The Welcome Centre's achievements in what has been another challenging year. We can only achieve our positive outcomes with the support others. We would not have been able to do this without our close partnership work, external supporters. Individuals, community groups, businesses, and funders who continue to be incredibly generous during difficult times, and without their generosity The Welcome Centre would not have been able to offer clients such a high quality, consistent service.
Page 3
**THE WELCOME CENTRE (HUDDERSFIELD)**
**REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **STATISTICAL OVERVIEW FOR 2023-2024**
||**September 2023 -**|**September 2022 -**|**Percentage**|
|---|---|---|---|
||**August 2024**|**August 2023**|**change**|
|Total referrals|13,233|14,544|-9.0%|
|Total number of referring agencies|131|134|-2.2%|
|Total households helped|3,270|3,571|-8.4%|
|Total people helped|5,987|6,499|-7.9%|
|Total children helped|2,379|2,636|-9.7%|
|% Households with just one referral|43.9%|33.8%||
|% clients with more than 5 referrals|17.6%|21.9%||
|Total Pack Count|21,938|23,398|-6.2%|
|Food Pack Count|13,028|14,254|-8.6%|
|Person Food Days|130,951|142,705|-8.2%|
|Total households accessing AGS support|3,141|1,898|65.5%|
|Total support sessions delivered|13,877|5,077|173.3%|
|Total support interventions completed|8,879|4,813|84.5%|
The summary statistics for the year 2023-2024 show that demand for crisis food support fell back by around 8%-9% compared with the previous year. The number of referrals we received fell by 9% with these referrals coming from 8.4% fewer households and with the amount of food being distributed to these households falling by 8.2%.
The reasons behind this fall are difficult to discern as the level of need across the community appears to remain as high as ever. A combination of factors in some of our referring agencies including the removal of face to face services, limited opening hours and a tightening of the criteria used to assess the level of crisis being faced by clients may have contributed to this reduction.
We are uncertain as to whether this reduction in demand we have seen in the last 12 months reflects the beginning of a new downward trend or just represents a short-term fall around the summer months that will be reversed as we head into the colder and more difficult winter period. We faced similar uncertainty in the summer of 2014, but the reduction was then quickly reversed in a last quarter of the year and we may see something similar this year.
The method used to calculate the percentage of households who made just one referral during the year, or more than five, was adjusted in 2023-2024 to exclude overnight packs. This has resulted in more realistic values for both of these indicators, which suggest that more than 40% of the households we helped in 2023-2024 were referred to us only once during the year, whilst 17.6% of households were referred more than 5 times, this figure falling from 21.9% in the previous year.
The AGS service was established to help address the underlying causes behind every one of these referrals for crisis food support and to try to provide clients with the help needed to allow them to lift themselves out of a cycle of repeated crisis food referrals.
The level and scope of support offered by AGS during 2023-2024 has grown significantly compared with the preceding 12 months reflecting the level of investment we have made in developing this service and our commitment to it as complementary long-term measure to improve outcomes for our clients.
With 3,141 households accessing the AGS service during 2023-2024 we succeeding in offering additional support to 96% of all households referred for food. From the support offered by the AGS service almost 9,000 interventions were made, with an intervention ranging from something as simple as providing a listening ear or emotional support, through to a full package of measures that might include performing a benefits check, sign-posting, making an application for a grant or an onward referral to another organisation.
Page 4
**THE WELCOME CENTRE (HUDDERSFIELD)**
**REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **Partnership working**
The Welcome Centre continues to be very proud of its collaborative outlook and recognises the benefit of learning from and sharing with others in our community and our field. The Welcome Centre continues to actively participate in relevant networks and groups, and to nurture and develop partnerships with other organisations, at a strategic and operational level.
Through close partnership working with other organisations, The Welcome Centre continues to broaden and improve the services and support available to clients. In 2023 - 24, partnership working has enabled us to enhance our offering to clients by working with other organisations, charities and community groups, allowing sign posting to services and provisions we are not able to provide directly.
The Welcome Centre works in partnership with organisations from the public, private and third sector. In 2023 - 24 we continued to develop existing partnership working with other organisations, including Kirklees Council's Local Welfare Provision, Public Health, The Huddersfield Mission, Fusion Housing, Colne Valley Help, Huddersfield Giants Community Trust, Paddock Community Trust and Community Cards. We also work with private companies to form Partnership donors. These companies support us massively with financial donations, but also on a wider significant basis providing guidance and support around setting up our warehousing, funding for our CCTV/security arrangements.
We also continued to work with the generous local supermarkets and businesses who donate surplus food to The Welcome Centre. In 2023- 24 we also continued to develop new partnerships, with noticeable examples including partnerships with Groundworks, the Centre for Social Justice, the council's Money Advice Unit, and the RSPCA.
The Welcome Centre is actively involved in the Kirklees Tackling Poverty Partnership, which brings together council and third sector representatives to work collaboratively on tackling poverty in the borough. The Welcome Centre is also an active member of Feeding West Yorkshire, a collaboration of food network groups from across the county, and part of the national Feeding Britain network. Finally, The Welcome Centre is an active member of the Independent Food Aid Network, a national network of independent emergency food providers.
## **Staff**
During 2023-24 The Welcome Centre's small staff team was reconfigured to better meet our changing operational needs. We now have six full time and five part time staff working across our two sites (9.5 full time equivalent). We recruited a Deputy Chief Exec who is currently covering the Maternity leave of the Chief Exec. Our fundraiser left the organisation in late spring and her role is being filled internally. We have had some longer term sickness absence within the workforce during 23-24 but this has been well covered by other members of the team.
## **Future Plans and Priorities**
In 2022 Trustees agreed a three year strategic plan for the period 2022 - 2025. 2023 - 2024 was year two of delivering this strategic plan.
Over the next two years we will continue to build upon our strengths, with the continued input and support of our stakeholders, to expand and improve the service we provide and to use our influence to improve the lives of those we support.
In practical terms this means:
- Improvements to the support we offer, providing greater choice, quality and flexibility to clients delivered in an efficient and sustainable way.
- Expansion of our advice service to support clients at risk of food poverty and food insecurity to make a successful transition to independence.
- Expansion of our partnerships and networking to improve our own delivery, to support other organisations in their work and to use our influence to bring about change.
Page 5
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
In setting our strategic plan, we have taken into consideration national and regional best practice developments in crisis support provision, and the specifics of the local context in which we operate.
Our Strategic Priorities for 2022 - 2025 are:
To provide a high quality, flexible service to those experiencing food poverty in our area. This service will:
- guarantee high quality provision which meet the needs and preferences of clients
- boost the dignity, self-esteem and independence of clients by means of offering greater choice and flexibility
- offer place-based support to those in crisis, in food insecurity, or transitioning out of food poverty
- develop across all areas of South Kirklees where there is unmet need.
To provide a first class AGS service to meet the widest range of need. This will involve:
- developing a highly trained team of staff and volunteers
- offering bespoke advice, guidance and support to clients that are:
- in crisis
- in food insecurity and at risk of falling into food poverty
- transitioning out of poverty.
- To expand and enhance our partnership working
- to improve the quality and range of our service
- to support the work of other organisations
- to actively engage in awareness raising, campaigning and lobbying to bring about change in social provision in the UK.
## **Financial review**
## **Financial position**
## **Overview**
Incoming resources in the year to 31 August 2024 were £806,226 (2023: £965,629). Expenditure in the same period was £1,013,855 (2023: £955,376), resulting in a net deficit for the year of £207,629 (2023: net surplus of £10,253). It was expected that a deficit would be incurred in the year, however, the reserves position remains relatively healthy. Our year end cash balance reduced by £172,246 in the year primarily due to the operating deficit.
## **Income**
Total income decreased by 16.5% compared to the prior year, primarily driven by a combination of reductions in donations and the associated gift aid of and a reduction in Household Support Fund grant income, which was partially offset by legacy income in the year.
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**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **STRATEGIC REPORT Financial review**
## **Principal funding sources**
The Welcome Centre received all of its income from five main sources:
1. Donations and its associated gift aid from generous members of the public, faith organisations, schools, and other community organisations.
2. Grants to fund projects, support roles, specific activities or operational costs of running The Welcome Centre.
3. Corporate sponsorship from local and national businesses.
4. Capacity building support from Kirklees Council Local Welfare Team.
5. Fundraising events organised by staff, volunteers and supporters.
In order to create long term sustainable income streams, we would like to increase our income from corporate sponsorship, donations and fundraising to a level in excess of 75% of total income over the next 3 years.
## **Principal Costs and Expenses**
Expenditure increased by 6.1% compared to the prior year which primarily relates to increases in employee costs as we invest in our staff team and the funding of Client grants.
- The Welcome Centre's costs and expenses fall into five main categories, as described below:
1. Goods distributed to beneficiaries, which is our most significant cost and accounts for just over 50% of our total expenditure. Approximately 25% of this represents donations of goods from our supporters, with the balance comprising items purchased by ourselves.
2. Employment costs relating to salary and pension costs of our staff team.
3. Accommodation costs relating to the rent and running costs of the two premises we operate.
4. Grants made to beneficiaries for large household items, such as electrical goods and furniture.
5. Other operating costs such as IT, telephone, insurance, professional fees, training costs and fundraising materials.
## **Restricted Funding**
The Welcome Centre has been fortunate again this year to receive several grants and donations totalling £323,460 to support specific projects or restricted activities. This funding was focussed on four main areas:
1. Donations to purchase food and other goods for distribution (£48,405)
2. Targeted support for specific purchases made on behalf of our clients, including an in-house fuel bank (£33,716)
3. Household Support grants from Kirklees Council which were used to purchase food, or provide targeted support for our clients (£148,094)
4. Lottery funding to assist with the development of our advice, guidance and support activities (£32,454)
5. Donations to fund specific salaries including from a legacy (£4,872)
6. Grants to fund accommodation costs (£9,250)
## **Capital Expenditure**
In 2023/24 £1,937 was spent on fixed asset additions, relating to the Lord Street building.
## **Financial investments**
The charity does not hold any financial investments.
Page 7
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **STRATEGIC REPORT Financial review**
## **Reserves policy**
The reserves policy continues to take a risk-based approach focusing on the resilience of key income streams and the commitment levels of charitable activity expenditure. The Trustees understand that unrestricted free reserves are not intended to cover a permanent loss of funds but to maintain service delivery through a period when income is reduced, or demand is increased. Our approach excludes any fixed assets, designated funds and restricted funds.
We propose that reserves are calculated as two months of food pack provision, plus three months of operating expenditure (excluding the value of goods for distribution and depreciation), plus other longer-term commitments. This would allow a period of adjustment to allow the charity to respond to a permanent change in financial situation e.g. reduced income, or period to allow a transition to alternative arrangements for our beneficiaries, staff and volunteers. This figure is £265,500 for the year ending 31 August 2024, based on average annual running costs. As of 31 August 2024, the total unrestricted reserves of The Welcome Centre were £476,917, of which £52,025 is fixed assets, therefore free reserves totalled £424,892 which is above the target level.
The Trustees continue to monitor the level of free reserves and the appropriateness of the Reserves Policy at regular intervals.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The Welcome Centre is registered as a Charitable Incorporated Organisation and its governing document (CIO conversion dated 10 January 2019, and amended 3 February 2020) is its constitution.
## **Recruitment and appointment of new trustees Trustee Terms of Office**
Trustees hold office for a maximum term of six years from the date of their appointment.
During the year ending 31 August 2024, three trustees reached the end of their terms of office and were re-appointed. and one new trustee was appointed.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1151282
## **Registered office**
15 Lord Street Huddersfield HD1 1QB
Page 8
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **REPORT OF THE TRUSTEES for the year ended 31 August 2024**
## **Trustees**
A M Tomlinson J F Norman R W Whiteley K Siddique E R Smith G D J Bruce L Rigal S Mohammed P Lucitt D N Williams (appointed 20.11.23)
## **Independent Examiner**
SMH Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, on ............................................. and signed on the board's behalf by:
.......................................................................... R W Whiteley - Trustee
Page 9
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE WELCOME CENTRE (HUDDERSFIELD)**
## **Independent examiner's report to the trustees of The Welcome Centre (Huddersfield) ('the Charity')**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 August 2024.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20011 ('the 2011 Act').
I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by Section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and contents of the accounts set out in the Charities (Accounts and Report) Regulations 2008 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (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 to be reached.
Kevin Winterburn FCA
SMH Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS
Date: .............................................
Page 10
## **THE WELCOME CENTRE (HUDDERSFIELD)**
## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Support services and food packs
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
6
Support services and food packs
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
424,871
138,848
12,643
14,010
590,372
800,250
(209,878)
686,795
476,917|Restricted
funds
£
75,376
107,854
32,624
-
215,854
213,605
2,249
27,959
30,208|2024
Total
funds
£
500,247
246,702
45,267
14,010
806,226
1,013,855
(207,629)
714,754
507,125|2023
Total
funds
£
571,411
337,981
45,804
10,433|
|---|---|---|---|---|
|||||965,629|
|||||955,376|
|||||10,253
704,501|
|||||714,754|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 11
## **THE WELCOME CENTRE (HUDDERSFIELD)**
## **BALANCE SHEET 31 August 2024**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
12
52,025
**CURRENT ASSETS**
Stocks
13
17,357
Debtors
14
40,728
Cash at bank and in hand
379,085
437,170
**CREDITORS**
Amounts falling due within one year
15
(12,278)
**NET CURRENT ASSETS**
424,892
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
476,917
**NET ASSETS**
476,917|Restricted
funds
£
2,251
-
-
79,132
79,132
(51,175)
27,957
30,208
30,208|2024
Total
funds
£
54,276
17,357
40,728
458,217
516,302
(63,453)
452,849
507,125
507,125|2023
Total
funds
£
67,939
27,025
65,781
630,463
723,269
(76,454)
646,815
714,754
714,754|
|---|---|---|---|
The notes form part of these financial statements
continued...
Page 12
## **THE WELCOME CENTRE (HUDDERSFIELD)**
## **BALANCE SHEET - continued 31 August 2024**
|**FUNDS**
16
Unrestricted funds:
General fund
Long Term Reserve
Restricted funds:
Premises Expansion
Additional Cold Food Storage Capacity
Feeding Families
KMC - Local Welfare Provision
One Community
Lottery Fund
The Julia and Hans Rausing Trust
Aviva
Big Give
Glasspool Charity Trust
**TOTAL FUNDS**|211,399
265,518
476,917
1,583
668
4,109
1,024
10,844
4,449
-
1,885
1,960
3,686
30,208
507,125|367,727
319,068
686,795
2,583
943
4,109
1,024
-
213
1,542
10,632
6,913
-
27,959
714,754|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. R W Whiteley - Trustee
The notes form part of these financial statements
Page 13
## **THE WELCOME CENTRE (HUDDERSFIELD)**
## **CASH FLOW STATEMENT for the year ended 31 August 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning**
**of the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|2024
£
(184,319)
(184,319)
(1,937)
14,010
12,073
(172,246)
630,463
458,217|2023
£
(2,420)
(2,420)
(75,331)
10,433
(64,898)
(67,318)
697,781
630,463|
|---|---|---|
The notes form part of these financial statements
Page 14
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE CASH FLOW STATEMENT for the year ended 31 August 2024**
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per the Statement**
**of Financial Activities)**
**Adjustments for:**
Depreciation charges
Interest received
Decrease/(increase) in stocks
Decrease/(increase) in debtors
(Decrease)/increase in creditors
**Net cash used in operations**|2024
£
(207,629)
15,600
(14,010)
9,668
25,053
(13,001)
(184,319)|2023
£
10,253
15,007
(10,433)
(7,519)
(42,237)
32,509
(2,420)|
|---|---|---|
## **2.**
## **ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.9.23|Cash flow|At 31.8.24|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|630,463|(172,246)|458,217|
||630,463|(172,246)|458,217|
|**Total**|630,463|(172,246)|458,217|
The notes form part of these financial statements
Page 15
**THE WELCOME CENTRE (HUDDERSFIELD)**
**NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities 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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 20011. The financial statements have been prepared under the historical cost convention.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income**
All income is recognised in the Statement 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 measured reliably. Where performance conditions are attached to the income and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent 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 expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Short leasehold|- Straight line over 6 years|
|---|---|
|Fixtures and fittings|- 10% on cost|
|Computer equipment|- 25% on cost|
## **Stocks**
Stocks represent goods donated or purchased which have yet to be distributed to beneficiaries. Stocks are valued on the basis of either their purchase price (bought in items) or the estimated cost of the goods in an open market (donated goods).
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with 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.
Page 16
continued...
**THE WELCOME CENTRE (HUDDERSFIELD)**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Donated goods**
Income is recognised by the charity for goods donated at fair value based on the estimated cost of the goods in an open market, when the Charity takes control of the donated goods.
Initially the donated items are recorded as stock, with the corresponding amounts recorded as donations. When the stocks are distributed to beneficiaries, they are recognised as an expense in the Statement of Financial Activities.
## **2. DONATIONS AND LEGACIES**
|Donations and gifts
Gift aid
Legacies
Client support payments
Corporate sponsorship
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising activities
**4.**
**INVESTMENT INCOME**
Deposit account interest|2024
£
367,312
42,753
40,697
-
49,485
500,247
2024
£
45,267
2024
£
14,010|2023
£
445,750
51,886
4,872
4,615
64,288
571,411
2023
£
45,804
2023
£
10,433|
|---|---|---|
||||
continued...
Page 17
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **5. INCOME FROM CHARITABLE ACTIVITIES**
|Activity
Grants
Support services and food packs
Grants received, included in the above, are as follows:
Other Grants
Kirklees Capacity Building
One Community Foundation
Charles & Elsie Sykes
Howitt Homeless Trust
FV & E Brook Charitable Trust
Groundwork UK
The Neighbourly Foundation
Lottery Grant
Household Support Fund
The Inman Charity
The Julia and Hans Rausing Trust
William Brooke Benevolent
National Unplanned Pregnancy Advisory Service
Charities Trust
Lloyds Bank Foundation
Sir George Martin Trust
Fine & Country Foundation
Glasspool Charity Trust
The Hobson Charity
National Lottery Community Fund
Souter Charitable Trust|2024
£
246,702
2024
£
-
68,768
18,000
3,000
1,800
-
-
1,280
35,354
60,000
-
-
-
-
-
500
4,000
1,000
10,000
15,000
25,000
3,000
246,702|2023
£
337,981
2023
£
2,000
68,768
12,000
3,000
-
6,000
1,000
5,905
32,254
148,094
5,000
9,250
18,000
25,000
1,710
-
-
-
-
-
-
-
337,981|
|---|---|---|
continued...
Page 18
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **6. CHARITABLE ACTIVITIES COSTS**
|Direct
Costs
£
Support services and food packs
946,054
**7.**
**GRANTS PAYABLE**
Support services and food packs
**8.**
**SUPPORT COSTS**
Support services and food packs
Support costs, included in the above, are as follows:
Accountancy fees
Professional fees
**9.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|Grant
funding of
activities
(see note
7)
£
64,140|Support
costs (see
note 8)
£
3,661
2024
£
64,140
2024
Support
services
and food
packs
£
1,200
2,461
3,661
2024
£
15,600|Totals
£
1,013,855
2023
£
42,725
Governance
costs
£
3,661
2023
Total
activities
£
1,200
12,923
14,123
2023
£
15,007|
|---|---|---|---|
continued...
Page 19
**THE WELCOME CENTRE (HUDDERSFIELD)**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **11. STAFF COSTS**
|Wages and salaries
The average monthly number of employees during the year was as follows:
Support staff - Full time equivalent||2024
£
334,404
334,404
2024
12||2023
£
256,160|
|---|---|---|---|---|
|||||256,160|
|||||2023
9|
No employees received emoluments in excess of £60,000.
## **12. TANGIBLE FIXED ASSETS**
|Short
leasehold
£
**COST**
At 1 September 2023
78,890
Additions
1,937
At 31 August 2024
80,827
**DEPRECIATION**
At 1 September 2023
16,114
Charge for year
13,148
At 31 August 2024
29,262
**NET BOOK VALUE**
At 31 August 2024
51,565
At 31 August 2023
62,776|Fixtures
and
Computer
fittings
equipment
£
£
24,658
27,277
-
-
24,658
27,277
19,495
27,277
2,452
-
21,947
27,277
2,711
-
5,163
-|Totals
£
130,825
1,937|
|---|---|---|
|||132,762|
|||62,886
15,600|
|||78,486|
|||54,276|
|||67,939|
continued...
Page 20
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
|**13.**
**STOCKS**
Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accruals and deferred income
**16.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.9.23
in funds
£
£
**Unrestricted funds**
General fund
367,727
(209,878)
Long Term Reserve
319,068
-
686,795
(209,878)
**Restricted funds**
Premises Expansion
2,583
(1,000)
Additional Cold Food Storage Capacity
943
(275)
Feeding Families
4,109
-
KMC - Local Welfare Provision
1,024
-
One Community
-
10,844
Lottery Fund
213
4,236
The Julia and Hans Rausing Trust
1,542
(1,542)
Aviva
10,632
(8,747)
Big Give
6,913
(4,953)
Glasspool Charity Trust
-
3,686
27,959
2,249
**TOTAL FUNDS**
714,754
(207,629)|2024
£
17,357
2024
£
-
40,728
40,728
2024
£
5,405
58,048
63,453
Transfers
between
funds
£
53,550
(53,550)
-
-
-
-
-
-
-
-
-
-
-
-
-|2023
£
27,025
2023
£
664
65,117
65,781
2023
£
16,938
59,516
76,454
At
31.8.24
£
211,399
265,518
476,917
1,583
668
4,109
1,024
10,844
4,449
-
1,885
1,960
3,686
30,208
507,125|
|---|---|---|
continued...
Page 21
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **16. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Household Support Fund
**Restricted funds**
Premises Expansion
Additional Cold Food Storage Capacity
FOODAID
One Community
Lottery Fund
The Julia and Hans Rausing Trust
Unwin Legacy
Aviva
Big Give
Glasspool Charity Trust
Hobson Charity Grant
National Lottery Community Fund
Souter 24
**TOTAL FUNDS**|Incoming
resources
£
530,372
60,000
590,372
-
-
1,500
18,000
35,354
-
40,697
67,303
-
10,000
15,000
25,000
3,000
215,854
806,226|Resources
expended
£
(740,250)
(60,000)
(800,250)
(1,000)
(275)
(1,500)
(7,156)
(31,118)
(1,542)
(40,697)
(76,050)
(4,953)
(6,314)
(15,000)
(25,000)
(3,000)
(213,605)
(1,013,855)|Movement
in funds
£
(209,878)
-
(209,878)
(1,000)
(275)
-
10,844
4,236
(1,542)
-
(8,747)
(4,953)
3,686
-
-
-
2,249
(207,629)|
|---|---|---|---|
continued...
Page 22
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **16. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Long Term Reserve
**Restricted funds**
Premises Expansion
Additional Cold Food Storage Capacity
Feeding Families
KMC - Local Welfare Provision
Surviving Winter for the over 60s
The Neighbourly Foundation
Lottery Fund
The Julia and Hans Rausing Trust
Aviva
Big Give
**TOTAL FUNDS**|At 1.9.22
£
441,454
241,306
682,760
3,583
1,218
7,614
1,024
3,472
4,830
-
-
-
-
21,741
704,501|Net
movement
in funds
£
4,035
-
4,035
(1,000)
(275)
(3,505)
-
(3,472)
(4,830)
213
1,542
10,632
6,913
6,218
10,253|Transfers
between
funds
£
(77,762)
77,762
-
-
-
-
-
-
-
-
-
-
-
-
-|At
31.8.23
£
367,727
319,068
686,795
2,583
943
4,109
1,024
-
-
213
1,542
10,632
6,913
27,959
714,754|
|---|---|---|---|---|
continued...
Page 23
**THE WELCOME CENTRE (HUDDERSFIELD)**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Household Support Fund
**Restricted funds**
Premises Expansion
Additional Cold Food Storage Capacity
ACTS 435 Provision of Grants to Clients
Development Worker
Feeding Families
FOODAID
One Community
Surviving Winter for the over 60s
The Neighbourly Foundation
Lottery Fund
Groundwork
The Inman Charity
Marsh Charitable Trust
The Julia and Hans Rausing Trust
Unwin Legacy
William Brooke Benevolent
Aviva
Big Give
**TOTAL FUNDS**|Incoming
resources
£
642,169
148,094
790,263
-
-
4,155
3,000
-
5,100
10,000
-
500
32,254
1,000
5,000
500
9,250
4,872
18,000
62,674
19,061
175,366
965,629|Resources
Movement
expended
in funds
£
£
(638,134)
4,035
(148,094)
-
(786,228)
4,035
(1,000)
(1,000)
(275)
(275)
(4,155)
-
(3,000)
-
(3,505)
(3,505)
(5,100)
-
(10,000)
-
(3,472)
(3,472)
(5,330)
(4,830)
(32,041)
213
(1,000)
-
(5,000)
-
(500)
-
(7,708)
1,542
(4,872)
-
(18,000)
-
(52,042)
10,632
(12,148)
6,913
(169,148)
6,218
(955,376)
10,253|
|---|---|---|
continued...
Page 24
**THE WELCOME CENTRE (HUDDERSFIELD)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2024**
## **16. MOVEMENT IN FUNDS - continued**
## **Purpose of restricted funds**
|Premises Expansion
|- Specific fixed assets for use in the charity|
|---|---|
|Additional Cold Food Storage
|- Specific fixed assets for use in the charity|
|Capacity||
|Feeding Families
|- Food costs|
|KMC - Local Welfare Provision|- Food costs|
|Lottery Fund
|- Staff costs and overheads for AGS service|
|The Julia and Hans Rausing Trust|- Warehousing costs|
|Aviva
|- Staff costs, food costs and client grants|
|Big Give
|- Client fuel grants|
|One Community
|- Food costs|
|Glasspool Charity Trust
|- Client grants|
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2024.
Page 25