DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1[st] APRIL 2022 TO 31[st] MARCH 2023
The trustees present their report with the financial statements of the charity for the period 1[st] April 2022 to 31[st] March 2022.
Registered Charity number
1155716
Registered office
Revive Coffee Shop, 43A Station Road, Desborough, Northamptonshire NN14 2RL
Independent Examiner
Williaml Featherstone, 114 Dunkirk Avenue, Desborough, Northamptonshire NN14 2PN
Bankers
Barclays Bank PLC, Kettering, Northamptonshire NN14
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, date 3[rd] February 2014
Recruitment and appointment of new trustees
The Trust continues to seek new Trustees with the requisite skill set to fulfil the role; to be a member of a local church and have a desire to grow a community spirit through the work of Revive Coffee Shop.
Induction and training of new trustees
New trustees will be given appropriate one-to-one induction with the Chair of the Trustees and a member of the Management group. They will be provided with a copy of the Trust Deed, and copies of all appropriate policies and instructional documents.
.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Suitable controls relating to the finance and administration of the Trust have been introduced based on a wide experience of charity finance and administration amongst the Trustees.
All necessary and statutory catering, health and safety, employment and public liability controls have been documented, and the associated risks assessed, and monitored.
OBJECTIVES AND ACTIVITIES
Objectives and aims for the Public Benefit
-
To provide a safe and stimulating meeting place open to all people where faith, hope and love can flourish.
-
To provide a place of comfort for those who are in need.
-
To provide a safe place for parents and carers with young children to meet
-
To provide a safe place for the elderly to meet
Grant making
The trust is not a grant making body
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Revive Coffee Shop, open 6 days a week, continues to provide a meeting place for local people. Those who use it, recognise it as a warm and friendly café serving good food and drink. As such it is an asset to the town of Desborough.
DESBOROUGH CORNERSTONE TRUST
REPORT OF THE TRUSTEES FOR THE PERIOD 1[st] APRIL 2020 TO 31[st] MARCH 2021
FINANCIAL REVIEW
Reserves policy
To cover possible statutory and legal obligations, and to finance replacement of major items of equipment, a Repairs reserve amounting to one quarter of annual turnover is being built up by instalments.
Trustees’ investment powers
The trust has no plans to hold investments of any kind
PLANS FOR FUTURE PERIODS
To continue and expand on the existing work of the trust
Trustees
W P Featherstone - appointed 3.10.2014 B Humfrey - appointed 3.10.2014 E Jowitt - resigned 26.4.2021 M O P Mills-Powell - resigned 26.4.2021 J W Sharman - resigned 26.4.2021 John Phillip Staves -appointed 26.4.2021 Andrew Farrington -appointed 26.4.2021 David Cox appointed 26.4.2021
Signed Phillip Staves
Chairman
DESBOROUGH CORNERSTONETRUSTTIA REVIVE COFFEE SHOP Registered Charity Number 1155716 2022 Yearly accounts- 31st March 2022 TOTAL Till receipts 49431.11 Purchases- Food etc 14137.86 Gross profit 35293.25 2021 TOTAL 8032.54 2178.69 5853.85 Salaries Ilnc tax & NHII Holiday Pav/Reserve Salary calculation Travelling 23767.25 1233.96 919.07 250.40 26170.68 5440.14 0.00 1053.85 62.10 6556.09 Sundry Kitchen items Clothing Cleaning Ilnc Salary) 302.77 129.89 3314.35 14.57 0.00 1053.67 3747.01 1068.24 Rates Water rates Rent Gas & Elertricity Insurance 287.49 419.17 7848.00 2919.57 579.59 134.11 6700.00 1572.42 358.01 12053.82 8764.54 Service Fire alarm etc Pest Control Printing & Stationery Telephone Refuse collection Repairs- Premises Rep3ir5- Equipment Health & safety115t Aid Volunteers meal Equipment Music lTrcence Donations Bank charges Sundries Profit Replacement reservè Profit Interest Room Hire Donation Profit on gifts Profit 483.40 150.00 392.81 424.59 448.00 1090.60 366.13 79.51 80.00 3018.95 353.41 0.00 652.69 45.98 101.40 0.00 175.77 428.04 238.00 280.73 668.18 0.00 107.76 76.95 344.39 121.16 7586.07 -14264.33 -3900.00 -10364.33 2542.38 -13077.40 -660.00 -12417.40 160.37 loo.00 21603.21 278.70 9724.88 10667.00 0.00 302.67 These accounts are consistant with the records and figures given to me. Prepared by T. Blissett Checked by Wm Featherstone Signed on behalf of the Desborough Cornerstone Trust by J P Staves
Independent Examiner’s Report on the Accounts
Report to the Trustees of the Cornerstone Trust
On the accounts for the year ending 31[st] March 2022
Set out in the statement of financial activities, balance sheet, and associated notes for that period.
Responsibility of the Examiner
It is my responsibility to:-
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145 (5) b of the Act) and
-
to state whether particular matters have come to my attention.
Basis of my report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you, as Trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts, and the report is limited to those matters set out in the statement below.
Statement by the Independent Examiner
In connection with my examination no matter has come to my attention:-
-
I. which gives me reasonable cause to believe that in any material respect the requirements have not been met - that is to keep accounting records in accordance with section 130 of the Charities Act and to prepare account in accordance with those records, and comply with the accounting requirements of the Act - or
-
II. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
W Featherstone ACIB 5[th] June 2022
Desborough, Northants