Company registration number-. 08360821 Charity regi8trab.orb numbei.. 1154154 The Woodlawns Centre (A company limited by guarantee) nnual Report and Financial Statements for the Year Ended 30 September 2023
The Woodlawns Centre Contents Trustees, Report 1 tos Independent Examinerfs Report Statement ol Financial Activities Balance Sheet Statement of Cash Flow3 Notes to the Financial Statements 101017
The Woodlawns Centre Trustees. Report Refernneè and Administrative Details Charity RegIstrats"C Number: 1154154 Company Regstration Nufflber: 08380821 The chanty is inccryirèted in ETrand. The Woodlavffjs 16 Leigham Court Road Streatham London SW16 2PJ Registered Office.. Independent &aminer'. Ronnell Murphy 84 CrantoGk Road Catford London SE6 2QP Trustees and 0erS The trustees and officers sewving during the year and since the year end were as fOll(Th.. Tnjstees.. Roger Bovwkry Nicholas Cattermole ph$ Dunipace Euneta Burton Cllr 8iTabèth Athins Chairman: Roger Bokn Secretaiy.. &mon Hoobeiman Page 1
The Woodlawns Centre Trnstees. Report The Trustees, vkno are also Directors of the Charrtable Company, submit the Annual Report under the Charlbes and Companies Aets, and the financial ststements for Ihe year ended 30 Septernber 2023. This Report has been prepwed in a¢cordan¢e Vlith the Ststemenl of Recommendet1 F¥actice - Accounting and Reporting by Charities120051. STRUCTUR GOVERNANCE AND MANAGEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2023 The Charrty Is consttiuted as a Company mited by Guarantee, and is govemed by a Memorandum and Articles of Association as a Charitsble Company. It is registered wth Ihe Charity Commissioners under Charity No 11541 S4. In 2014, the operations of the Charity were transfeired Strealham Dawby and Joan Club, a registered Charty. The lease of the building used by the Charity to provide its services leFnalr the property of Ihe original charity- The Company undertake5 the woik pieviou51y cairied OLrt. Management is in the hands of a Board of Trustees id) UallY meets al least 4 times a year and met six b'mes during the 2022123 financial year Iwth any other necessary or urgent decisions made by the Chair andlor by Board members in electronic or telephonic communition. The Board currenly consists of fve Tnjstees. ineluding one representab.ve of the London Borough of Lambeth, and the Company SeGretsry. Members of the Board retire each year in accordance w4th the terms of the Memorandum and Artides ofAsSOati0n, but are eligible for re-election by ballot at the AGM. Members of the Board of Trustees are provided vthh inforniation. Nthich includes". . The responsibilites of Trustee Board members- . The legal do¢umentstson ofthe organisaticn. . Financsng of the ganisati( and eXana1[On of the A¢oxJnts'. and • FUre plans and objectNes. Members of the Board also carry out the follcming.. Select suitable accounting policaes and then apply them consi%tenl1y: . ObseNe the methods and principles in the charib.es SORP., . Make judgements and esb"mates that are reasonaLle arKI prudènt" • State wth8ther applicable UK Accounting Standards have been fdl(wed, subject to any material departures di$¢losed and explained in Ihe financial ststements,. • Prepare the financial statements on the gc4ng concem basis unless rt is inapprowale lo presume that the Charlty wll eonts.nue in business- Conflrm Ih8t members have not required the ¢ompany to (ttsin audit of its accounts for the year ended 30 September 2023 in accoidance with section 476 of the Companies Act 2006: Conffirm that they acknovledge their resp(x)sibiltbes for Complying the reqLirements of the Act wilh respect to a¢¢ounting records and the prephration of accounts., and • Confirm that these a¢¢ounts have been prepared in accordance the provisions applicable to companies subject to the small Companies regime. Al members of the Board of Trustees gave their time ¥olLtanty and rec*ived no benefft from the Charty. Page 2
The Woodlawns Centre Trustees. Report AIM AND OBJECTIVES The principal purpose of the Charity as set out li its constrlub.rffl is to womote the hfare of older people in Streatham and its envirtrns in any manner deemed to be tharitable. The Woodlawns Centre provides older peoF4e a range of high waltty semces and activities that promote their independence. Improve their health and well-being. value their diversity and help make later h'fe an enjoyable, fvlfilling and more rewarding expersence. PUBLIC BENEFIT The Board of Trustees has referred lo Ihe guidanee contsined in the Charty COMMI10n,S general guidance on public benefit when reviewing the Charty's aim and objecb.ves and in planning its fijture a¢tivities. In parlicular, members of the Board of Tnjslees onsider how planned aclivtties wll contriEMrte to the aims and objecb.ves that they have seL The Woodlasws Centre is Lambeth's onnal Community Hub part of the borough's Community Hubs Netrk. Thls benefits not only the peqAe and community groups we prowde servi¢es for but also the wder Community through providing space for other ChareS and members of the public to hold speual events. tunGlions, ffleet¥igs and Gelebrations. Streatham had a strong community focus for much of the 201h cenry bth a significant part of that began to thsappear in the earfy 1990's for a Trumber of locally-based reasons. Due to its long hist in Ihe community and its status as a Communty Hub. The Woodlawns Centre is perfecdy placed and plays a major part in community life and cohesion for local people and the wder Streatham and Lambeth communities. ACHIEVEMENTS AND PERFORMANCE H8ving reopened Ihe Centre's door5 (folloNMng restrictions due to the Ccrfonavirus ICovid-191 pandemic and restri¢titsn$ under thè Coronawrus Act 2020 and subsequent variations to it) in late 2021 for hiring and early 2022 for members, the Board of Trustees of The Woodlawns Centre have now been aEAe to ensure that regular inCne was finalty restored in 2022123 to its normal levels throughout the year for the first time since 2018119. Our services for oldeT people and the operation of the Charity are fijnded by letttng5 1 rental of Oie premisès. Whilst some of these lettings are purely actitr"e$ for generab.ng fitrnds, others go toNYard5 meets'ng our objectNes. At the end of the period of this report. there were no offices vacant. We are still working towards the completion of (xjr renovation plans, which will allow The Woodla$ Centre to provide a flexible and fit-for-purpose space for a varièty of community meetings and events, as well as a unique venue in the local area for private function5 including weddings. We have continued refurbishments io the main house induding redecorabng and new carpeb.ng and these W(kS are still ong(4ng. We are still affected by the Gontinuing impact of the CoralS ICovid-19) pandemic bui V+E are still keeping Charges to members for attending their dub as low as possible. We continue to prowde membership at a fee of £12 per annum, addftional fees charged for actiwties and refreshments. We continue to lun a number of classes includlng seated exerrase. line dancing, games. quiz. day trips, Tai Chi, and our lunch club. These acb"vibe5 have proven to produce signifficant improvements in the heath and well-being of older peo1e. We have seen emdence of improvements in the older people use our seN¢es and have also received positive feedback on the pos11ive consequent impact on both their ovffl family members and support nerkS as well as the der communtty. Existing day to day seNices are being consistendy reviewed and new services added vthere fvnding Èllows. We will also work with partr)eTS lo provide activib'es in our premises that benefft thjr members. During the year, we have continued to work closely bmth partner organisations based at The WoodlavMs Centre, which indude Streatham Darby and Joan Club, Woodlawns Asian Group. and Make A Difference Black Afro-caribbean Group, more recent partners including Leigh Day Windrush Project and SrArth London Refugee Ass(18ti0n. as Y11 as other local partner oiganisab.ons induding Outings for Older Soulh Londoners. The Board of Tntstees would like to exwess its watitude to all its parhers. Page 3
The Woodla$ Centre Trustees, Report FINANCIAL REKfjEW The Trustees confirm that the financial statements cOmY ry1h currelll statutory requirements and wth the requirements of Recommended Practice Accounting and Reporting by Charities. The Companrfs activthes are fiJnded by letlings and events held at the premises and small grants fow specific projects. We are mlsch indebted to donors have contributed £830. Letlings. income wa5 £f05,651 for the Ve-m0nth period, Véhich ieflects our objective to maximise revenue opportunities from the capttal investrnent i[Ted over the years - this was affected in this finanal year by cona¥1[us restrKtions although less so than in the previous tsvo financial yeafs (see above). The Woodlawns Centre conts.nues to work closely wrth ts patlners. Streatham Dart)y and Joan Club, the Woodlawns Asian Group, the Make A Differente Black Afro£aribbean Group, Outings for Older Soulh Londoners, the South London Refijgee Association, and Leigh Day Windrush Project. The Board of Trustees a¢knoedge$ thank8 the hdp L4ven in many areas by volunteers - the period ol this report, 8 volunteers gave a totsl of 1386 hours of volunteer b"me. STATEMENT OF THE RESPONSIBIUTIES OF THE TRUSTEES The Trustees I0 are also Directors of The Wood[abS Centre for the purFM)ses of company law) are responsible for p¥eparing the Trustees. Report and the finan statements in accordance V+ith applKable law and United Kingdom Account'ng Stsndards {Untted JQngdom Generally Accepted Accounting Prath"ce). Company law requires Trustees to prepare ffinanlaal statements foi each financial year lch give a true and fail view of the stste of the affairs of the chartty and of the incoming resour¢es and application of resources. including the income and expendire of the harity tor that period. In weparing Ihese financial slalements. the Tmslees are required to do the followng., The Trustees are responsible for keeping proper accounting records thal disclose reasonable accuracy at any time the financial posib.on of the charitable company and enable them to ensuie that the financial statements comply with the Companies Act 2006. They are abo responsible foi safeguaY(Sng the assets of the chartty and hence for laking reasonable steps lor the prevention and detection ol fraud and other irregjlarities. The Trustees hereby declare the following= COMPANYS POUCY ON RESERVES The Trustees, policy on reserves is to build up reseNes ewivalerrt to three months. expendttyre. in accordance wlh Charity Commission guiddines. The Centre went throu a difficult period financially after termination ol a ¢ontra¢t ith Lambeth Council in 2009 but is now back on a sound financia footing and is building up these reserves again for use for fijture capital works and maintenance. The doswe of Ihe Centre for a sizeable part of the prèvious financial year, due to ongoing Coronavirus restricti(ms, has had a signifficant impact on its income and Tt had to ¢onb"nue to pay staff so was grateful for the Government's conlnuat.on of the furtough scheme for as long as it WAS in place. In addition, during Ihat dosure, other overheads such as utilty and olher bills had to conb.nue lo be paid and met from the Teduced incovne. RELATED PARTIES In 2004, the opeialions of the Charity were transferred from Streatham Darby and Joan Ckjb. a registered ¢hartty number 254702. The lease of the building used by the Charity to provide its seNices remains the propety of the original Charity. All olher assets and liabilitres were transferred in 2004. Strealham Darby and Joan Club Limited undertook the work previously carried out by the old Charity until this in tum was transferred to the Chaiity known as The Woodla$ Centre in 2014. A decision was laken al the 2018 Annual General Meebng to dissolve the strÈ8tham Darby and Joan aub Limited Charity Inuwnber 11062741 and this work 1$ in progress. This wll leave the original Charity - Streatham Darby and Joan Club Inumlxf 2547021- and Ihis Charty- The Woodlawns Centre (numbei 11541541 as the only two still operats"onal. These t? charrbes operale valh such a significant degree of contrd over each other that they do not operate independently of earth olher. i.e. Ihey meet the legal definth'on of related parbes. Page 4
The Woodlawns Centre Trustees. Report The frèehold of the Club premises at 16 Leitham Court Road. London. SW16 2PJ, was acquired by the London Borough of Lambeth in 1968.. the premises We leased to Streatham Darby and Joan Club (Ihe c4d Charttyl for a term of fifty years at an annual rent of £1. In September 2008, a new 99-year lease was agreed betsveen the London Borough of Lambeth and the Streatham Darby & Joan Club. Some administrative errors were belate(ly discovered on the new lease bthich have been amended through a Deed of Variation agreed by the Lonth)n Borough of Lambeth and registered the Land Registy in 2021. RISK ASSESSMENT BY THE BOARD OF TRUSTEES Members of the aoard of Ttustees have undertaken a risk analysi8 and ¢onfimJ that normal business and financial risks have been addressed. and that adequate insurance is in place. Intemal financial controls manage risk through the practice of procedures which require authorisation of all transactions. The (xganisation has effeth.ve policies and procedures ¥*hich are regularly reviewed to ensure that it effe¢tiveJy manages heatth and safety requirements. The risk assessment has been rewewed dunng this accounting penod to lake into account the capitsl development prCarnrne and will be reviewed on an annual basis when those works have been completed. This Report has been prepared in a¢¢ordance yth the Statement of Recommended Practice Ac¢ounb"ng and Reporting for Charities (Issued in March 2M5), Ihe Financial Repting Standard for Smaller Entib"e&, and in accordance wth the Special Provisions relating to smal companies vthin Part 15 of the Companies Act 2006. This Report was approved by the Board ofTrustees on 26th AF¥iI 2024 and signed on ils behalf b. Roggr Bowdery- Chair Page 5
The Woodlawns Centre Independent Examiners Report to the trustees of The Woodlawns Centre (Ihe Company.) I report to the Charty trustees on my examination ofthe accounts of the Company for the year ended 30 September 2023. Responsibilittes and basis of pOrt As the charity's trustees of the Company (and also its directots for Ihè purposes of Company lawl you are responsible fr)r the preparats.on ofthe aGCjnts in accordance vth the rewiTemen15 of the Companies Act 20C6 {'the 20C6 Acri. Hawng satisfied mJ3elf that the accounts of Ihe Company are rM)t required to be au(Sted undèr Part 16 of the 20CE Act and are eligible for independent examination, I report in respect of my examinab.on of your charty's accounts as carried out under section 145 of the charilt.es Act 2011 ('the 2011 ACVI. In carryin9 OLrt ffly ex8wn1rbati I h8ve fdlowed the DTrclions given by the Charity Commisslon under section 14515)Ibl of the 2011 Act. Independent examinefs stalement I have completed my examlnation. I confirm that no matters have come to my attention in ccM)nection with the examination giving me cause to believe.. accounting records were not kept in iespect of The Woo(JaYms Centre as required ty section 386 of the 2006 Act. or 2. the accounts do not accord those records.. LY 3. the accounts do not compfy the acwjnting requirements of section 396 of the 20C6 Act other than any rewiremerrt that the accounts gve a Inje and fair 1¢h is not 8 matter consideied as part of an independent examination., or 4. the ac¢ounts have not been prepared in a¢cordan¢e Nwth the methods and princyples of the Statement of Recommended Practice for accounting and reporling by chanties lapplicable to chattties pieparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Rewblic of Ireland IFRS 102)]. I have no concerns and have come acr( no other mattets in connects.on the examh)ats"on to attentFon shtyjld be drawn report in otder to enable a prcyer understsnding of the accawnts to be leached. Ic 84 Crantock Road Catford Lond( SE6 2QP 26 April 2024 Page 6
The Woodlawns Centre Statement of Financial Activities for the Year Ended 30 September 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestiicted Restricted funds funds Total 2023 Nole IncoTr* and Endowments from". Donations and legacies Other trading aetivities Other income 830 1,704 105,651 830 1.704 105,651 Total income Expendrture on: Raising fvnth Charitable actiwties 108,185 108,185 {82.6821 46,608 (82,682) Total expenditure Net expendf(ure Net n70vement in funds Reconciliation ol funds Total ndS brought forvrdrd Totsl fvnds carried forwaid (129,290 129,2901 21,105 21.105 (21,105} (21,105) 32.651 3.710 36,361 14 11,546 Unrestricled fiJnd$ 3,710 Restricted funds 15,256 Total 2022 Not Incomg and Endowments frDm". Donations and legacies Other trading acb'vities Other income 32,623 1.553 84.157 32,623 1,553 84,157 Total income ExpenditurÈ on: Raising fvnds Charitable aetiMÈès 118.333 118,333 {61,1501 41,100 161,1501 (41,100 Total expendrture Nel income 102.250) 102,2SOI 16,082 16,083 Net movement in funds Reconciliation of funds Total fvnds brought fward Total funds cairied Iotward 16,083 16,083 16,568 3.710 20,278 36,361 14 32,6S1 AJI ofthe charity's activities derive from continuing operatiS thjring the above periods. The fijnds break(loTr for 2022 is shovm in note 14. 3,710 The notes on pages 10 to 17 forrn an integral part of these financial Statements. Page 7
The Woodlawns Centre (Registration number: 08360821) Balance Sheet as at 30 September 2023 2023 2022 Fixed assets Investments Current assèts Debtors Cash al bank and in hand 10 100 100 11 6,611 2,261 60,705 62,966 114,633 48,333 Creditor5.' Amounts falling due within one year current assèts 46,436 19.208 12 Total assets less curnent liabilities 27,228 Creditors: Amounts falling due after tyre than one yfrar Net assets 27,328 12,0721 48,433 12,072 13 Funds of the charity.. Restrided K7come funds Restricted fJJnds unreStrted ineome funds Unrestricted funds Total funds 36,361 3,710 3,710 11,546 32,651 14 15,256 36,361 For the financial year ending 30 September 2023 the chartty was entitted to exemption from audtt under section 477 of the Companies Act 2006 ielating to small companies. Directors. responsibilities.. The members have not required the Gharrty to obtain an auth of its accounts lor the year in westion in aCCdanCe with section 476,. and The directors aCknOedge their responsibilities for COMp.ng TlIh thè requirements of the Act wilh iespect to accounb.ng records and the prepaiation of acCnts. The financial statements on pages 7 to 17 were approved by the trustees. and authorised for issue on 26 [11 2024 and signed on their behalf by.. owdery Chairman and trustee Trustee The notes on pages 10 to 17 form an Inteal part oflhese financial statements. Page 8
The Woodlawns Centre Statement of Cash Flows for the Year Ended 30 September 2023 2023 2022 Cash flows from operating activities Net cash (expenditure)fincome Working caprtal adjuStnts Increase in debtors In¢reaselldecreasel in creditors Net cash flows from operating activities Net decrease in cash and ¢ash equivalents Cash and Cash equivalents at 1 October Cash and cash equivalents at 30 September 121.105) 16,083 11 12 {4.3501 4,575 11,915) 16.016 20,880 1,848 {20,8801 60,705 11,848) 39,825 60,705 AJI of the trash flows are derived from continuing operab.ons dltring Ihe above periods. The rKJles on pages 10 to 17 fom an integral part of these finanual ststements. Page 9
The Woodlawns Centre Notes to the Financial Statements for the Year Ended 30 September 2023 1 Charity $tatus The charity is limited by guarantee, incorporaled in England, and consequenty does not have share capital. Each of the trustees is liable to ContriJte an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The address of its registered office The WoOdlaS 16 Leigham Court Road Streatram London SW16 2PJ These financial stslements Y•tre authori$ed for issue by the trustees 26 4)rfi 2024. 2 Accountlng policies Sunmary of 519nrfrAnt accountlng policiès and key aeeountitig estirvwtes The prinupal accounb.ng policies applied in the preparation of these financial ststements are set out below. These policies have been consistenyy èpplied to all the years presented. unless other%¥ise stated. Basis of preparation The Woodlawns Centre meets the definttion ot a public benefft entity under FRS 102. hssets and liabiltti'es are inthalfy recogni$ed al historical cost or transaction value unless othwwse stated in the relevant accounth.ng policy notes. Going o)n¢em The trustees consider that there are no material uncertainties ab(NJt the tharriyg alNlty to continue as a going ¢on¢ern nor any signi)Icant areas of uncertainty that affect the carrying ¥ae of assets held by the thartty. Surnmary ol disclosurè exempth)ns The Vvoodlawns Cèntre meets the defintDon of a qualth'ng entity under FRS 102 and has Iherefore taken Èthantage of the disdosure Èxemptions availaEAe to it rn respect of 115 separate finan(4al statements. which are presented alMg5ide Ihe consolidated financial ststements Exemptions have been taken in relation to financial instruments. presentation of 8 Cash flow statement. Intra-grCp tran88cb"on$ and remuneration of key management personnel.. Income and end<)wments Al income is recOlSed once the ¢*arty has enttllement to Ihe income. tt k% prrtJabJe that the income Mll be received and the amount of the income reGVable can be measured ielatfy. Donab'ons and legacies t)onations are re¢ogni8ed when Ihe chartty has been notified in vrftbng of both the amount and settlement date. In the event that a donation 15 subject to conditions that require a level of performance by Ihe chanty before the charity Is entrued lo the funds, th8 Income is deferred and not recognised until either those con1fib.ons are fuuy met. 01 the lulfilment of those conditions Is wholly vthhjn the contrd of the charity and it is probable that these n(b"rS wll be fvffilled in the reporting period. Leoacy uifts r•¢owiB•d on a ¢a3e by se Dasis foiiovving Ihe gTant of probate Ihe administratorlexecutor for the estate has communicated in hl"n both the amount and setuement date. In the event that the gft is in the form of an asset othei than cash or a financial asset traded on a reeogjised stock exchange. iecognition is subject to the value of the gift being ieliably measurable wth a degree of reasonable accuracy arld the b.ue to the asset han9 been transferred to the charity. Page 10
The Woodlawns Centre Notes to the Financial Statements for the Year Ended 30 September 2023 Expenditure AJI expenditure is recognised once fhere is a legal or construclive obligation to that expenilure. it is probable sÈtUement is required and the amount can be measured rdiat4y. 1 costs ère allocated to the applicable expendiknre heading that aggregate similar costs to that cate90ry. Where costs cannot be directty attributed to partrcular hea(Ing$ they have been allocated M a basis consistent ith the use of resources. wth central staff costs allocated on the basis of time spent, and depfeciath.on charges allocated on the portion of the asset's use. Other support Costs are allocated based on the spread of staff costs. Raising funds These are costs incurred in attracb.ng voluntary income, Ihe management of investments and those inujrred in trading actyvlties that raise funds. Charitsble activities Charitable expenditure comprises those costs incurred by the charty in the delivery of rts actsvrttes and services for its beneficiaries. It includes both costs that can bè allocated th"rectty to such acb'wti"es and those cc6ts of an indirect naknre necessary to support them. Support costs pport Costs include central fiJnctions and have been allocated to activity cost C8tegories on a basis Consistent with the use of resources, for example, allocating property costs by floor aieas. ry per caprta, staff costs by the time spent and other costs by their usage. Governance costs These include the costs attributable to Ihe charitys wm lance Mth conth"bJtional and statutory requirements. including audtt. strategic managefftent and tnjstees meetings and reimbursed expenses. Taxion The ¢hèrity is considered to pass the tests set out in Paragraph I Schedule 6 of Ihe Finance Act 2010 and the¥efore it meets the definib.on of a charitsble company for UK ¢oiporabon ta¥ purposes. Accordingty, the ¢hattty is potentially exempt from taxation in re$pe¢t of in¢ome or caprlal gains received wthin categories covered by Chapter 3 Part 11 01 the Corporation Tax Act 2010 or Sèction 256 of the Taxation of Chargeable Gains Act 1992, to the extent that suth income or gairts ore applied exclusively to charitable purposes. Investmènt propertiÈs Investment property is catried al fair value, derived from the currènt market wices for comp8rable real estate determined annually by extemal valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. Trade debtors Trade debtors are amounts due from etlstomers merchandise sold or serv7ces performed in the ordinary COLtse ol busir7ess. Trade debtors are recognised inits'ally at the transaction pllce. They are subsequently measured al amorts.sed cost using the effectrve interest method, less provision for impairnient. A prov10n for the impairment of trade debtors i% eslablished then there is objective evidence that the charity wll not be able to collect all amounts the according to the original terms of the recèivabl86. Cash and cash equivalents Cash and cash equivalents comprkse cash on hand and call deposils. and olher short-tem) hilY liquid invesknents that are readily convertsble to a knovffl amourbt of cash and are subj'ect to an insignificant of thange in value. Page 11
The Woodlawns Centre Notes to the Financial Statements for the Year Ended 30 September 2023 Trade creditors Trade creditors are obligations to pay for goods or semces that have been acquired in the ordinary course of business from suppliers. Accounts payable are classnSed as cuffenl liakn"lities if the chatity does not have an uncondthonal right, at Ihe end of the reporting period, to ijefer setllemenl of the Credit for at least ts¥ee months after the reporting date. If there is an unconditi'onal right to defef settlement for at le1 tsvelve monlhs after the repoTb"ThJ date. they are presented as non-¢)Jrrent lbilItieS. Trade crèditors are recolSed tnrbaily at the tran$ath" price and subseqijenty measured at am(rti8ed cost using the effectsve Interest method. Borrowings Inierest-bearing borrowngs are iniltalty recorded at fair value. net of trartsaction eosts. Inter&s1-beaTrng borrowngs are subsequen#y carried at amorttsed cost, fjth the th'fference between the proceeds, net of transacb.on costs, and the amount dLte redempb"(x) being recognised as a charge to the Slatement of Finaniial Activtti"es over the period of the relevant borrowing. Interest expense is recogntsed on the basi8 ofthe effects.ve interest method and induded in interest payable and similar charges. BorrO7nS ale classified as ¢urient liabiThties unless the charty has an unccrtdllia1 ri1 to defer settlement of the liability for at least twelve months after the reporting de. Fund structurn Unrestricted income frjnds are general fiJnd8 that are available fw use at Ihe trustees discrets.wj in fttrtherance of the (leCtIves of the charty. Restricted wicome hjndg are those donated for use in a partitsJtar area or for specific purposes. the use of Ithich restricted lo that area or purpose. 3 Income from donations and legaciès Unrestricted funds General Totsl funds Donations and legaaes,. Donations from indwiduals Total for 2023 830 830 Total for 2022 830 830 32,623 32,623 4 Income from other trading &trvities Un¥E5tried funds Oenefal Tolal funds Other income from other trading actiwtiè8 Total for 2023 1,704 1,704 Total for 2022 1.704 1,704 1,553 1,553 P8ae 12
The Woodlawns Centre Notes to the Financial SL*ements for the Year Ended 30 September 2023 S Other income Unrestricted funds General Total funds Rental income Total for 2023 105,651 105,651 105,651 105,651 84,157 Total for 2022 84,157 6 Expenditure on raising ftinds a) Costs of trading activilies Unrestricted funds General Total funds Alocated support costs Total for 2023 Note 82,682 82,682 Total for 2022 82,682 82,682 61,150 61,150 Total costs 7 Expenditure on Charrtab activitfjes Unm5tricted funds General Total funds Allocated support costs Governanee costs 45,493 1,115 45,493 1,115 Total for 2023 Tolal for 2022 46,808 46,608 41,100 41,100 Pdge 13
The Woodlawns Centre Notes to the Financlal Statements for the Year Ended 30 September 2023 8 Analysi5 of governance and support costs Govemance ¢osts Unrestricl¢d funds General Total funds Other goveman¢8 c08ts Total for 2023 Total for 2022 1,115 1,115 1,115 1,115 1,709 Page 14
The Woodlawns Centre Notes to the Financial Statements for the Year Ended 30 September 2023 ExPendire on Charitable activities Unypstrirted funds General Totsl 2022 Wages and salalles Staff pensions (Defined contriLwtion) - pension scheme 1 Seeurity Cost wai rates Light. heat and power Insurance Genèral maintenan Telephone And fax Prinb"n9, Postage and ststionery Sundry expenses Cleaning Accountancy lees Legal and professlonal fees Bank d18rges 15,722 918 1206 446 7,472 1,288 7,715 718 343 3,144 3.304 3,182 13,788 668 1.715 188 4,369 1,490 6,702 578 280 1,477 4,555 3,182 374 25 35 Expenditure on raising funds 45,493 Unrestricted funds Gener41 Total 2022 Wages and salaries Siaff pensions (Defined contritrKrtionl - pertsion stheme 1 security cost wat rates Light, heat and power Insurance General maintenance Telephone and fax Printing, postage and stationery Sundry expenses Cleaning Accountancy fees Legal and professional fees Bank charges 30.518 1.783 2,342 26,765 1,298 3,330 364 8,482 2,892 4,042 1,123 543 394 14,503 2,501 14,976 1,395 665 475 6.414 6,178 6,177 726 48 66 82,682 61,750 Page 15
The Woodlawns Cent Notes to the Financial Statements for the Year Ended 30 September 2023 9 Taxation The charty is 8 registered charity and is therefore exempt from taxatron. 10 FIX asset investnt5 2023 Investment properh.es 2022 100 InvestTrMt properties Inveskn2nt properties Cost or Valuation At 1 Octobei 2022 Provision At 30 September 2023 Ntrt book value At 30 September 2023 At 30 September 2072 There has been no valuation of investment wcperty by an dependent valuer. 100 100 11 DèbtOV5 2023 Trade debtors 2022 6.611 2,261 12 Credttors: am(wnts falling due within one 2023 2022 Tiade creditors Other tsxation and social 8ecwrity Other creditors 3,285 6,884 9,039 19,208 4,653 2,103 7,877 14,633 13 Creditors.. anN)unts falling due after one year 2023 2022 Other loans 12,072 12,072 Page 16
The Woodlawns Centre Notes to the Financial Statements for the Year Ended 30 September 2023 14 Funds Baknce at 1 Incoming October 2022 resourcès alance at 30 September 2023 Re50urce5 expended Unrestricted funds General 32,651 108.185 Restrictsd funds (129.2901 11,546 3.710 3,710 Total funds 36,361 108.185 129,290 15.256 Baknce at 1 October 2021 Balance at 30 September 2022 Incoming Resourc expended Unrestricted funds General 16.568 118,333 Restricted funds 1102,250) 32,651 3,710 3,710 Total funds 20.278 118,333 102,250 15 Analysis of nel assets ltheen funds Unyestrthd funds General Totsl fund5 Rèstrided funds September 2023 Fixed asset investments Currènt assets Current liabilits'es Creditors over l year Total net assets 100 46.436 {19,208} 46,436 119,2081 12,072 12,072 12,072 27,328 15,256 Unrestricted funds General Total fund$ at30 September 2022 Restrictèd funds Fixed asset investments Curteni assets Current liabilities Creditors ovet 1 year Total net assets 100 62.966 {14.633} 62,966 {14,6331 12,072 36,361 12,072 {12,072} 48,433 16 Related party transactions Page 17
The Woodlawns Centre Statement of Financial Actlvities by fund for the Year Ended 30 September 2023 Unrestricted Funds Total Total Unrestricted Unrestricted Funds Funds 2023 2022 Income and Endowments from: Donations and legacies Other trading activthes Rental incon7e Totsl income 830 1,704 105,651 32,623 1,553 84,157 Expendrture on: Raising fijnds Charitable activities Total expen(thlure Net {expendIture)n¢Ome Net movement in funds Reeoncrliation of funds Totsl fttnds brought forvrdfd Total fijnds carried ft)rward 108,185 118,333 (82,682) 46,608 161.1501 {41,100 129,290) 21,105 102,250) 18,083 (21,1051 16,083 32.651 16,568 11,546 32,651 Thts page does not fomi part ofthe statutory finantial ststeFnents. Page 18
The Woodlawns Centre Statement of Financlal Activities by fund for the Year Ended 30 September 2023 Restrlcted Funds Totsl Total Restricted Restricted Funds Fund5 2023 2022 Income and EndoWMts Irom: Expenditure on: Net Incomellexpendlture) Recon¢lllation of funds Total fvnds brght forward Total funds Garried foryrèrd 3.710 3,710 Thls page does not form part of Ihe statutory financial ststements. Page 19
The Woodlawns Centre Detailed Statement of Financial Activities for the Year Ended 30 September 2023 Total 2023 Total 2022 Incomè and Endomrynents from.. Donations and legacies lanalysed below) Other trading actNities lanalysed below) Other income (analysed below) Total income 830 1,704 105,651 32,623 1,553 84,157 Expenditure on: Raising funds (analysed below) Charttable actimkn.es {anatysed below) Total expenditure Net (expendire)rIncorne Net movèment in funds Reconciliation of funds Total funds brought forKdrd Total funds carried forward 108,185 118,333 (82,6821 46,608 161,150) 41,100 129,290 102,250 21.105 16,083 121,1051 16,083 36,361 20,278 1 S,256 36,361 This page does not forni part of the ststutory financial ststements. Page 20
The Woodlawns Centre Detailed Statement of Financial Activities for the Year Ended 30 September 2023 Total 2023 Total 2022 Donations and lègacles Legacies and bequests Appeals and donations 32,623 830 830 Oiher trading aclivities UK Govemment grants Other income 32,623 1,553 1,704 1,704 Otherlneome Rental income 1,553 105,651 84,157 84,157 Raislng funds Vvages and salafies Staft pensions (Defined cortribution) - pension scheme 1 Security cost Water rates L&gM, heat and powei Insurance General maintence Telephone and fax Prinb"ng, postage and stationèry &Jndry expenses Cleaning Ac¢ounlan¢y fees Legal and professional fees Bank charges 105,651 (30,518) {1,7631 (2,342) (8661 (14,503) {2,5011 (14,976) {1.3951 1665} (4751 16,4141 (6,1781 126,765) (1,2981 13,330) 13641 18,4821 (2,8921 14,042} (1,1231 {543} 1394) 14,9661 16,177) (7261 48 166 charftable activlties Wages and salaries Staff pensions (Defined contribution) - pension scheme 1 Securty Cost Water rates Light, heat and power Insuran¢e General maintenance Telephone and fax Prints'ng, postage and stationery Sundry expenses Cleaning Accountancy fe68 Legal and wofessional fees 61,150 (15,7221 1918) (1,2061 {4461 (7,4721 11,288} (7,7151 (7181 (343) 13,1441 (3,3041 13,1821 113,7881 {6681 11,7151 (1881 14,3691 11.4901 16,7021 (5781 12801 (1,4771 14,555) (3,1821 1374) This page Ik)es not form part of the statulory financial statements. Page 21
The Woodlawns Centre Detailed Statement of Financial Activities for the Year Ended 30 September 2023 Total 2023 Total 2022 Bank charges Admin and Governance (35) (25) 41,100 This page does not form part ol Ihe slabjtory finaniaal statements. Page 22