2023-03-31-accounts - Bagworth Community Centre Trust (2013) Limited

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T	eofadviser	eofadviser	eofadviser	Name	Address
Name of		chief	executive or names ofsenior staff members (Optional information)
		~	a		~ ~
De	scriptio	n of	the charity's trusts
	Type	of governing		document	The Company was established under a Memorandum ofAssociation which established the objects and powers ofthe charitable company	and
					is governed under its Articles ofAssociation.
	How the charity is constituted leg. i association, .				The organisation is a charitable company limited by guarantee, incorporated on 3April 2013and registered as a charity on 27 February 2014.The company was established under a Memorandum ofAssociation
					which established the objects and powers ofthe charitable company	and
					is governed under its Articles ofAssociation. In the event ofthe company
					being wound up members are required to contribute an amount not
					exceeding E1.
	Trustee teo appr		selection ntad	methods I	The Trust has four Directors plus a small number ofvolunteers who regularly attend and participate in Trust leadership meetings, known Management Committee Meetings, and events. There isa good mix	as of
					user group representatives, business skills and social diversity within	the
					Committee.
					Notices promoting the Trust's work are displayed in the building and
					anyone who is interested in supporting our work is invited to become	more
					involved. Expressions ofinterest to be a Director are welcomed and
					prospective Trustees are appointed by the existing Board ofDirectors
					following the procedures detailed in paragraphs 33-35ofthe Articles	of
					Association.

	,						The	Trust's annual accounts are reviewed by an independent	person	person		in
~	policies	and	procedures				the interests oftransparency.
	adopted	for the		induction		and
	training	oftrustees;					The	Community Centre building, which the Trust was established		to	run
~	the charity's structure and network with		organisational any wider which the charity				and operate, is owned by Bagworth and Thornton Parish Council. The Trust leases the building for the sum ofE1 per year under a 6-year agreement. The Trust is managed entirely independently ofthe Parish Council.
	works;
~	relationship with any related
	parties;
~	trustees'	consideration			of
	major risks and			the system
	and procedures			to manage
	them.
							Our	charity's purpose as set out in the objects contained in the
							Company's memorandum ofassociation are specifically restricted			to	the
							following:
							(1)	Tofurther or benefit the residents ofBagworth and the
								neighbourhood, without distinction ofsex, sexual orientation,			race
								or of 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 ofsocial welfare for recreation
Summary		ofthe objects			of	the		leisure time occupation with the objective ofimproving	the
charity set out			in	its				conditions of life forthe residents.
governing		document
							In furtherance ofthese objects but not otherwise, the trustees		shall	have
							power:
							(2)	To establish orsecure the establishment ofa community	centre
								and to maintain or manage or co-operate with any statutory
								authority in the maintenance and management ofsuch	a centre			for
								activities promoted by the charity in furtherance ofthe	above
								objects.

Bagworth	Community	Centre	Trust (2013	Charit No		1155947
				Com an	No	08472555
		Annual	accounts for the			eriod
Period start	date	01/04/2022				Period and date	31/03/2023

				Z
				8			Restricted
					Unrestricted		income	Endowment		Prior year
Recommended categories by activity				to		funds E	funds	funds f	Totalfunds E	funds 8
Income (Note 3)						F01	F02	F03	F04	F05
Income and endowments		from:
Donations and legacies				S01		7,520			7,520	21,684
Charitable activities				S02		27,215			27,215	16,072
Other trading activiTies				S03
Investments				S04
Separate material item ofincome				Soe
Other
Total				SOT		34735			34,735	37,756
Expenditure (Notes 6)
Expenditure on:
Raising funds				soe		2,676			2676	1,199
Charitable activaes				Sog		36,330			36330	23,701
Separate material expense	item			S10
Other				S11
Total				312		39006			39,006	24,900
Net income/(expenditure)			before tax for
the reporting period				ste	-	4,271			4,271	12,856
Tax payable				S14
Net income/(expenditure)			after tax
before investment	gains/(losses)			ste	-	4,271			4,271	12,856
Nst gains/(losses) on
Iitvestril sots				616
Net income/(expenditure)				str	-	4,271			4,271	12,856
Extraordinary items				Ste
Transfers between	funds			S19
Other recognised	gains/(losses):
Gains and losses on revaluation		ofaxed assets forthe
chsrity's own use				S20
Other gains/(losses) Net movement in funds				S21 S22	«4,271				4,271	12856
Reconciliation of
funds:
Total funds brought forward				623		40,269	5,800		46,069	33,213
Total funds carried	forward			S24		35,998	5,800		41 798	46,069

royakies and	royakies and	dividends	be measured reliably.
Income from		membership	Membership subscriptlons received In the nature ofs gik sre recognised in Donations
subscrlptlons			and Legacies.
			Membership subscrlpaons which gives s member the r/ght to buy services or other
			benefits are recognised as income earned from the provision ofgoods snd services to	as
			income from charitable acavlfies.
Sefflement claims	of Insurance		Insurance claims are only included in fite SoFA when the general income recognition criteria are met (5.10to 5.12FRS102SORP) and are included as an item ofother Income in the SoFA.
Investment losses	gains and		This includes any realised or unrealised gains orlosses on the sale ofinvestments and any gain or loss resulting from revaluing Investments to market value at the end ofthe
			charity
2.3EXPENDITURE			AND LIABILITIES
			Liabilities are reoognised where it is more likely than not ihat there isa legal or
Uabkky	recognltlon		conslruckve obligation commiffng the payou resources and the amount obligation can be measured with reasonable certainiy.	ofthe
Governance costs		and support	Support costs have been allocated between governance costs and other supporL Governance costs comprise all costs involving public accountability ofthe charily and Its compliance wiih regulation and good pracfice.		Yes' No N/a CUD
			Support costs include central funcfions and have been allocated to acfivky cost
			categories on a basis consistent with the use ofresources, eg allocating property costs
			by iloor areas, cr per capita, stsff coals by the time spent and other costs by their usage.
Grants with	performance		Where the charily gives a grant with conditions for its payment being a specific level of
condklons			service oroutput to be provided, such grants are only recognised In the SoFA once	the
			recipient ofthe grant has provided the speciyied service or output.
Grants payable without performance condiTions			Where there sre no conditions afiachlng tothe grant that enables the donor charily to realistically avoid the commilment, a liability forIhe full funding obligation must be		Yes'	No'	N/s*
			recognised.
					Yes'	No"	N/a*
Redundancycost			The charity made no redundancy payments during the reporting period.
Deferred InCOme			No material item ofdeferred income has been Included in the acwtunts.		Yes'	No*	N/a*
Creditors			The charity has creditors which are measured at settlement amounts less any trade dlscounls		Yes*	No*	N/a*
			A liability Is measured on recognition at Its historical cost and then subsequently
Provisions for liabllkles			measured at the best estimate ofthe amount required tosenle the obligation at the
			repclfing date
Sasic financial Instruments			Ths charity accounts for basic financial instruments on initial mcogniticn as per paragraph 10.7FRS102SORP. Subsequent messuremsnt isss psr paragraphs 11.17 to 11.10,FRS102SORP.		Yes'	No'	N/a'
2.4ASSETS
Tangible kxed use by charity		assets for	These are capltalised ifthey can be used for more than one year, and cost at least		2250 Yes'	No*	N/a*
			They are valued atcost
			The depreciation rates and methods used are disclosed in note 14.
			The charity has intangible fixed assets, that is, nonvnonetary assets that do not have
Intangible fixed assets			physical substance but are identiiiable and are controlled by fite charity through custody
			or legal rights. The amorlisation rates and methods used are disclosed in note 15.
					Yes*	No*	N/a*
			They are valued atcost.
Heritage assets			The charity has heritage assels, that Is, non-monetary assets with histori, artistic, sdentilir. ,technological, geophysical orenvironmental qualifies that are held and maintained principally for their contribution to knowledge snd culture. The depreciation		Yes*	No'	N/a*
			rates snd methods used ss disclosed in nota 16.
			They are valued at cost.
			Fixed asset inveslments In quoted shares, traded bonds and similar investments are
Investments			valued at initially at cost and subsequently atfair value (their market value) st the year end. The same treatment Is applied to unlisted Investments unless fair value cannot be
			measured reliably in which casa it is measured atcost less impairmenL

Note 3						Income	Income
															Restricted
						Analysis of					income			Unrestricted funds	income funds	Endowment funds	Toialfunds	Prior year
Donations			Donations			and	ifts
and legacies:			Gift Aid
			L acies
			General grants				provided			by government/other
			charities											7520			7520	21 684
			Membership			subscriptions					and sponsorships
			which sre		in substance				donations
			Donated		oods,		facilities			and services
			Other
													Total	7,520			7,520	21,684
Charitable			BCCT Events
activities:			Coffee Sho											3668			3668	861 1934
			Room Hire											23,547			23547	13277
			Other
													Total	27,215			27215	16072
Othertradlng
activities:
			Other
													Total
Income	from		Interest income
investments:			Dividend	income
			Rental and			leasi		income
			Other
													Total
Separate
material		item
of income
													Total
Other:			Conversion			ofendowment					funds into income
			Gain on disposal				of	a tangible fixed asset					held
			for chari			own	uss
			Gain on disposal				of	a programme				related
			investment
			Royallies from the exploitation ofintellectual
			os
			Other
													Total
TOTAL INCOME																	34735	37756
Other information:
AE income in the prior year						was unrestricted					except for:
(please provide			description			and amounts)
Where any endowment fund						is converted				into income in the
reporting		period,	please give the				reason		for the convemlon.
Where any endowment fund						Is converted				Into Income In the
prior period, please give the						reason		for the			conversion.
Within the		income Items above the fogowlng Items										are
materlah	(please		disclose	the nature,				amount and any prior
year amounts)

Note 4			A	nalysis ofrec	eipts of	governme	nt	gran'ts
														This year
								Descdption						6
Government		grant	1		Bagworth and Thornton			Parish	Council					7,520
Government		grant	2		Hinckle	and Bosworth		Borou	h	Council - COVID Support
Government		grant	3		HMRC Coronavirus		Job Retention Scheme					CJRS)
Other
													Total	7,520
														Last year
								Descri			tion			6
Government		grant	1		Bagworth and Thornton			Parish	Council					8520
Government		grant	2		Hinckley	and Bosworth Borough				Council - COVID Support				12764
Government		grant	3		HMRC Coronavirus		Job	Retention Scheme				(CJRS)		400
Other
													Total	21,684
							This	year					Last year
Please provide details ofany
unfold/ted conditions and other
contingencies		attaching		to grants
that have been mcogni				sadinincome.
							This	sr					Last year
Please give	details		ofother forms of
government	assistance			from which
the charity	has directly			benegted.

was paid please en	ter '0	'in the appropriate	box(esj.
					This year	Last year
					R
Independent examiner's		fees
Assurance services	other than independent		exainination
Taxadvisory fees
Other fees (for exainple:		financial advice, consultancy,		accountancy services) paid
tothe independent	examiner


Fundraising
Charitable	Activities
Governance
Other
		Total

Please explain the nature ofthe	This year
payment			NONE
	Last year
			NONE
Please state the legal authority or	This year
reason for making the payment		NOT	APPLICABLE
	Last year
		NOT	APPLICABLE
		This year	Last year
Please state the amount ofthe payment	(or value ofany waiver of
a right to an asset)

This	year	Last	year
This	year	Last	year

The extent ofredundancy	funding	funding	at the balance sheet	date
Please state the accounting		policy	for any redundancy	or
termination payments

				Freehold land 8	Otharland 8	Plant, machinery	Fixtures, fittings and	Total
				buildings	buildings	motor vehicles	aqulpmant
At the beginning			of			2,942	6,200		9,142
the year
Additions
Revaluations
Disposals
Transfers *
At end ofthe	year					2,942	6,200		9,142
14.2 Depreciation			and	impairments
		Basis		SL(Stmight Line)	SL	SL	SL	SL
			Rate
At beginning	of	the				2,942	1,888		4,830
year
Disposals
Depreciation							1,125		1,125
Impairment
Transfers*
At end ofthe	year					2,942	3,013		5,955
14.3Net book value
Net book value		at	the				4,312		4,312
beginning ofthe		year
Net book value		at	the				3,187		3,187
end ofthe year

18.1 Please state the carrying a activities.	mount ofsto	ck and w	ork in	progress anal	ysed betwe	en
		Stock		Donated	goods
						Work in
	For	For	resale	For	Forresale	pmgress
	distribution			distribution
Charitable activities:
Opening
Added In period
Expenaed In period
Impaired
Closing
Other trading activities:
Opening
Added in period
Expenaed in per/od
Impaired
Closing
Other:
Opening
Added In period
Expensed in period
Impaired
Closing
Total this year
Total previous year
			This	ar	Last	sr
18.2 Please specify the carrying	amount of
any stocks pledged as security for liabilities

			This year	Last year
Trade debtors			2,667.0	4,173.0
Prepayments	and accrued income		1,339.0	1,322.0
Other debtors				265.0
		Total	4,006.0	5,760.0

Trade debtors
Prepayments	and accrued income
Other debtors

ed in	debtor	s abov	e)
	This	year	Last year
			R
Total

	Amounts	falling due	Amounts	falling due after	falling due after
	within one year		more	than	one year
	This year	Last year	This year		Last year
	K
	1,881	76
cts
	4,138	2,690
	508	508
Total	6,527	3,274

Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contra or performance-related grants Accruals and deferred income Taxation and social security Other creditors	cts

			This year		Last	year
Please explain the reasons why income is		Advance	bookings	Advance	bookings
defened.
Movement in deferred income account				This year		Last	year
				R
Balance at the start ofthe reporting	period				31		493
Amounts added in current period
Amounts released to income from	previous	periods			100		462
Balance at the end ofthe reporting	period				131		31

Note	24 Cash at bank and	in hand
					This year	Last year
					R	R
Short	term cash investments	(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on hand				41,132	33,471
Other
Total


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					Amounts	paid or benefit	value
Name	of	trustee	Legal authority (eg order, governing	Remuneraucn	Pension contribution	Redundancy (including loss of	Other	TOTAL
			document)			ctiice)iex
						gratia


No trustee expenses	have been incurred	(True or False)			TRUE
	Type ofexpenses	reimbursed		This year	Last year
Travel
Subsistence
Accommodation
Other (please specify):
			TOTAL