COMPANY REGISTRATION NUMBER: CE001015
CHARITY REGISTRATION NUMBER: 1156011
Harraby Community Centre Company Limited by Guarantee Unaudited Financial Statements
31 March 2024
GORDON CONSULTANCY LIMITED
Chartered Accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Harraby Community Centre
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 7 |
| Statement of financial position | 8 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 19 |
| Notes to the detailed statement of financial activities | 20 |
Harraby Community Centre
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
Reference and administrative details
Registered charity name Harraby Community Centre Charity registration number 1156011 Company registration number CE001015 Principal office and registered Edgehill Road office Harraby Carlisle Cumbria
The trustees
Mr C Weber (Died 4 April 2024) Mr R Burns (Retired 17 October 2023) Mrs L Campbell Mrs A Dalton Mrs J Ellis-Williams Mrs E Jackson Ms D Lamonby (Appointed 19 February 2024) Mr RG Rogerson (Appointed 19 February 2024) Mr O Slack Mr S Smith Ms L Sherriff (Retired 27 June 2023) Mr B Scroggie Company secretary Mrs L Jackson Independent examiner Mr R W Gordon, FCA Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
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Harraby Community Centre
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
Structure, governance and management
Harraby Community Centre was built as a Youth Centre in 1963 and managed as a registered charity in partnership with Carlisle City Council.
To better meet the needs of the local community, a scheme to create and combine into one building a modern Community Centre and Primary School was identified and thus in 2016 the current Harraby Community Campus was opened. To ensure the structure of Harraby Community Centre was suited to meet the challenges and demands of the new Campus arrangement, it registered as a Charitable Incorporated Organisation in March 2014.
A board of Trustees now forms the management of Harraby Community Centre with responsibility for the delivery of activities, management and maintenance of the building and establishing its future strategic direction. We continue to be grateful to Cumberland Council who support us with an annual financial grant.
Mrs Liz Jackson, Centre Manager, is responsible for the day to day management of the charity and this responsibility has been delegated by the Trustees. Mrs Jackson and the Trustees hold regular meetings to discuss the Centre's activities, performance and future plans.
Objectives and activities
The Centre provides (and where appropriate in conjunction with other providers) a wide range of social, recreational and educational activities for both the local community and wider communities of the Carlisle area. All activities are to be provided on a fully inclusive basis with the objective meeting the diverse needs of the community and improving the health, well-being and general quality of life of participants.
Achievements and performance
I am pleased to present the Chair's Report for this financial year. This year marked an important milestone for Harraby Community Centre, as we celebrated our diamond anniversary-60 years of service to the local community. This occasion was not just a reflection of the past, but also a celebration of the resilience, adaptability, and ongoing commitment of everyone involved in our Centre, from trustees to staff, volunteers, and our ever-supportive community.
Resilience and Recovery
The past few years have been nothing short of challenging. We faced the ongoing repercussions of the COVID-19 pandemic and have navigated through the turbulent waters of economic uncertainty. Despite these difficulties, we are proud to report that Harraby Community Centre has emerged strong, demonstrating resilience and an unwavering commitment to serving the community.
Our financial performance this year reflects a period of recovery and stabilisation , despite the significant pressures of rising inflation and energy costs.
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Harraby Community Centre
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
Achievements and performance (continued)
Community Impact and Achievements
Our mission has always been to provide inclusive, high-quality social, recreational, and educational opportunities for the people of Harraby and beyond. This year, we have not only maintained but expanded our offerings, ensuring that our Centre remains a vibrant hub at the heart of the community.
We have seen full utilisation of our rooms and facilities, including our popular soft play area and theatre, which continue to serve as vital resources for families and groups across the region. The Centre has also played a crucial role in supporting the NHS and vulnerable groups, particularly through the hosting of regular clinics.
Future Plans
Looking ahead, we are focused on sustaining our positive momentum and planning. We are currently updating our operational plans to better align our services with the evolving needs of the community. Listening to our residents and adapting our offerings to meet their expectations will remain at the forefront of our strategy.
Finalising lease arrangements with Cumberland Council is a priority for the coming year, as this will provide a stable foundation for further development of our site. We look forward to strengthening our relationships with the numerous organisations and individuals who partner with us, ensuring that Harraby Community Centre continues to thrive as a pillar of support and enrichment for the local community.
Gratitude and Acknowledgements
None of this would be possible without the tireless efforts of our staff, trustees and volunteers. Their dedication and hard work are truly the lifeblood of our Centre. I would also like to extend my heartfelt thanks to the many residents and partners who continue to support and engage with us.
As we reflect on 60 years of service, we do so with a renewed sense of optimism and determination. We are not just looking back at our accomplishments but are also looking forward to the opportunities that lie ahead. Together, we will continue to build a strong, prosperous, and caring community at Harraby.
Thank you all for your ongoing support.
Financial review
The Centre continues to improve and the trustees are satisfied with the results for the year.
Plans for future periods
We will continue to support NHS & Vulnerable groups, to support our local community needs. We continue to work & make any necessary changes to adapt to the changes which may come our way.
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Harraby Community Centre
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
Plans for future periods (continued)
We are focused on ensuring that we deliver quality services and amenities for the benefit of our local community on a sustainable basis. To this end we are drafting new operational plans to ensure we listen to what the community is telling they require and then gearing up to meet / exceed their expectations.
The finalisation of lease arrangements with Cumberland Council remains a priority. Once this is in place, we are then on a firm footing to work with our tenants and friends to consider further development of the site.
There are numerous friends and organisations that have supported the Centre during the last 12 months, and we look forward to continuing and strengthening our relationships as we move forward.
Mr Robert W Gordon, FCA of Gordon Consultancy Limited has been re-appointed as independent examiner for the ensuing year.
Councillor Cyril Weber
It is with deep sorrow that we reflect on the passing of Councillor Cyril Weber, Labour Member for Harraby North. Cyril was much more than a devoted Trustee; he was a beloved friend to many of us.
Cyril's remarkable journey in local politics stretched over four decades, during which he held elected positions on Cumberland Council, Carlisle City Council, and Cumbria County Council. His unwavering commitment to serving the public was further highlighted during his time as Mayor of Carlisle from 1988 to 1989.
In addition to his official responsibilities, Cyril played a vital role as a Trustee of the Harraby Community Centre. His passing represents not only the loss of a valued colleague but also a treasured friend whose wisdom, dedication, and warmth made a lasting impact on all who knew him. Cyril will be deeply missed, but his legacy will continue to resonate in the communities he served and in the hearts of those fortunate enough to have known him.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 23 October 2024 and signed on behalf of the board of trustees by:
Mr O Slack Trustee
Mrs L Jackson Charity Secretary
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Harraby Community Centre
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Harraby Community Centre
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of Harraby Community Centre ('the charity') for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). 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
I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England & Wales.
Mr RW Gordon, FCA
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:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 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
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the financial statements 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).
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Harraby Community Centre
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Harraby Community Centre
(continued)
Year ended 31 March 2024
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.
Mr R W Gordon, FCA Independent Examiner
Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
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Harraby Community Centre
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 5,829 | 39,015 | 44,844 | 63,364 |
| Other trading activities | 6 | 285,612 | 4,698 | 290,310 | 253,233 |
| Investment income | 7 | 6,745 | – | 6,745 | 3,078 |
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| Total income | 298,186 | 43,713 | 341,899 | 319,675 | |
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||
| Expenditure | |||||
| Expenditure on charitable activities | 8 | 305,296 | 40,106 | 345,402 | 307,721 |
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| Total expenditure | 305,296 | 40,106 | 345,402 | 307,721 | |
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| Net (expenditure)/income | (7,110) | 3,607 | (3,503) | 11,954 | |
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||
| Transfers between funds | (1,030) | 1,030 | – | – | |
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|
|
||
| Net movement in funds | (8,140) | 4,637 | (3,503) | 11,954 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 197,976 | 23,089 | 221,065 | 209,111 | |
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| Total funds carried forward | 189,836 | 27,726 | 217,562 | 221,065 | |
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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 17 form part of these financial statements.
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Harraby Community Centre
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 15 | 10,339 | 13,786 | |
| Current assets | ||||
| Debtors | 16 | 12,457 | 12,016 | |
| Cash at bank and in hand | 278,284 | 230,909 | ||
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| 290,741 | 242,925 | |||
| Creditors: amounts falling due within one year | 17 | 83,518 | 35,646 | |
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|||
| Net current assets | 207,223 | 207,279 | ||
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| Total assets less current liabilities | 217,562 | 221,065 | ||
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| Net assets | 217,562 | 221,065 | ||
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| Funds of the charity | ||||
| Restricted funds | 27,726 | 23,089 | ||
| Unrestricted funds | 189,836 | 197,976 | ||
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| Total charity funds | 18 | 217,562 | 221,065 | |
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For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 23 October 2024, and are signed on behalf of the board by:
Mr O Slack Trustee
The notes on pages 9 to 17 form part of these financial statements.
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Edgehill Road, Harraby, Carlisle, Cumbria.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and Fittings - 25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
4. Limited by guarantee
The charity is a charitable incorporated organisation.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Grants | ||||
| Council grants | – | 24,800 | 24,800 | |
| Grants receivable - Other | – | 14,215 | 14,215 | |
| Other donations and legacies | ||||
| Miscellaneous Income | 5,829 | – | 5,829 | |
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| 5,829 | 39,015 | 44,844 | ||
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| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Grants | ||||
| Council grants | 24,800 | 11,360 | 36,160 | |
| Grants receivable - Other | 1,664 | 23,535 | 25,199 | |
| Other donations and legacies | ||||
| Miscellaneous Income | 2,005 | – | 2,005 | |
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| 28,469 | 34,895 | 63,364 | ||
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| 6. | Other trading activities | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Coffee Bar | 18,239 | – | 18,239 | |
| Room Hire | 89,556 | – | 89,556 | |
| Soft Play Income | 18,548 | – | 18,548 | |
| Theatre Income: Theatre Event Income | 64,998 | – | 64,998 | |
| Pop Up Shop | – | 4,698 | 4,698 | |
| Rental Income | 35,545 | – | 35,545 | |
| Utility Recharges | 58,726 | – | 58,726 | |
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| 285,612 | 4,698 | 290,310 | ||
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
| 6. | Other trading activities (continued) | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Coffee Bar | 17,105 | – | 17,105 | ||
| Room Hire | 87,749 | – | 87,749 | ||
| Soft Play Income | 18,406 | – | 18,406 | ||
| Theatre Income: Theatre Event Income | 53,112 | – | 53,112 | ||
| Pop Up Shop | – | 2,189 | 2,189 | ||
| Rental Income | 40,050 | – | 40,050 | ||
| Utility Recharges | 34,622 | – | 34,622 | ||
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| 251,044 | 2,189 | 253,233 | |||
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| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 6,745 | 6,745 | 3,078 | 3,078 | |
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| 8. | Expenditure on charitable activities by activity type | ||||
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly | Support costs | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Centre | 296,837 | – | 296,837 | 271,402 | |
| Theatre | 36,052 | – | 36,052 | 29,192 | |
| Governance costs | – | 12,513 | 12,513 | 7,127 | |
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| 332,889 | 12,513 | 345,402 | 307,721 | ||
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| 9. | Analysis of support costs | ||||
| Support Costs | Total 2024 | Total 2023 | |||
| £ | £ | £ | |||
| Governance costs | 12,513 | 12,513 | 7,127 | ||
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| 10. | Net (expenditure)/income | ||||
| Net (expenditure)/income is stated after | charging/(crediting): | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 3,447 |
4,596 |
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
11. Independent examination fees
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 150 | 150 |
| Tax advisory services | 60 | 60 |
| Other financial services | 150 | 150 |
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| 360 | 360 | |
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12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 92,433 | 99,249 |
|
|
The average head count of employees during the year was 8 (2023: 8). The average number of full-time equivalent employees during the year is analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| No. | No. | |
| Number of staff | 8 | 8 |
|
|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
14. Transfers between funds
The centre receives grants for a number of project which are restricted in their nature.
When the expenses of these projects exceed their income, the centre transfers funds from its unrestricted funds.
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
15. Tangible fixed assets
| Fixtures and | |||
|---|---|---|---|
| fittings | Total | ||
| £ | £ | ||
| Cost | |||
| At 1 April 2023 and 31 March 2024 | 31,144 | 31,144 | |
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| Depreciation | |||
| At 1 April 2023 | 17,358 | 17,358 | |
| Charge for the year | 3,447 | 3,447 | |
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| At 31 March 2024 | 20,805 | 20,805 | |
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| Carrying amount | |||
| At 31 March 2024 | 10,339 | 10,339 | |
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| At 31 March 2023 | 13,786 | 13,786 | |
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| 16. | Debtors | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Trade debtors | 12,457 | 11,806 | |
| Prepayments and accrued income | – | 210 | |
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| 12,457 | 12,016 | ||
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| 17. | Creditors: amounts falling due within one year | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Trade creditors | 82,992 | 35,286 | |
| Accruals and deferred income | 360 | 360 | |
| Social security and other taxes | 166 | – | |
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| 83,518 | 35,646 | ||
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18. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2023 | Income | Expenditure | Transfers | 4 | |
| £ | £ | £ | £ | £ | ||
| General funds | 197,976 | 298,186 | (305,296) | (1,030) | 189,836 | |
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| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2022 | Income | Expenditure | Transfers | 3 | |
| £ | £ | £ | £ | £ | ||
| General funds | 177,666 | 282,591 | (262,281) | – | 197,976 | |
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Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
18. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | |||||
|---|---|---|---|---|---|
| At | |||||
| At | 31 March 202 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 4 | |
| £ | £ | £ | £ | £ | |
| Projects | 857 | – | (857) | – | – |
| Salaries | – | 24,800 | (24,800) | – | – |
| HCC60 | 5,800 | – | (6,830) | 1,030 | – |
| Warm Hub | 2,447 | – | (2,447) | – | – |
| Jubilee | – | – | – | – | – |
| Pop Up Shop | 13,985 | 5,038 | (4,926) | – | 14,097 |
| Ground Maintenance | |||||
| and Garden Project | – | 3,000 | (246) | – | 2,754 |
| Theatre | – | 1,125 | – | – | 1,125 |
| National Lottery | – | 9,750 | – | – | 9,750 |
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| 23,089 | 43,713 | (40,106) | 1,030 | 27,726 | |
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| At | |||||
| At | 31 March 202 | ||||
| 1 April 2022 | Income | Expenditure | Transfers | 3 | |
| £ | £ | £ | £ | £ | |
| Projects | 6,693 | 1,005 | (6,841) | – | 857 |
| Salaries | 24,752 | – | (24,752) | – | – |
| HCC60 | – | 5,800 | – | – | 5,800 |
| Warm Hub | – | 2,757 | (310) | – | 2,447 |
| Jubilee | – | 7,946 | (7,946) | – | – |
| Pop Up Shop | – | 16,786 | (2,801) | – | 13,985 |
| Ground Maintenance | |||||
| and Garden Project | – | 2,790 | (2,790) | – | – |
| Theatre | – | – | – | – | – |
| National Lottery | – | – | – | – | – |
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|
|
| 31,445 | 37,084 | (45,440) | – | 23,089 | |
|
|
|
|
|
- 16 -
Harraby Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
19. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Tangible fixed assets | 10,339 | – | 10,339 |
| Current assets | 263,015 | 27,726 | 290,741 |
| Creditors less than 1 year | (83,518) | – | (83,518) |
|
|
|
|
| Net assets | 189,836 | 27,726 | 217,562 |
|
|
|
|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Tangible fixed assets | 13,786 | – | 13,786 |
| Current assets | 219,836 | 23,089 | 242,925 |
| Creditors less than 1 year | (35,646) | – | (35,646) |
|
|
|
|
| Net assets | 197,976 | 23,089 | 221,065 |
|
|
|
- 17 -
Harraby Community Centre
Company Limited by Guarantee
Management Information Year ended 31 March 2024
The following pages do not form part of the financial statements.
- 18 -
Harraby Community Centre
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Council grants | 24,800 | 36,160 |
| Grants receivable - Other | 14,215 | 25,199 |
| Miscellaneous Income | 5,829 | 2,005 |
|
|
|
| 44,844 | 63,364 | |
|
|
|
| Other trading activities | ||
| Coffee Bar | 18,239 | 17,105 |
| Room Hire | 89,556 | 87,749 |
| Soft Play Income | 18,548 | 18,406 |
| Theatre Income: Theatre Event Income | 64,998 | 53,112 |
| Pop Up Shop | 4,698 | 2,189 |
| Rental Income | 35,545 | 40,050 |
| Utility Recharges | 58,726 | 34,622 |
|
|
|
| 290,310 | 253,233 | |
|
|
|
| Investment income | ||
| Bank interest receivable | 6,745 | 3,078 |
|
|
|
|
|
|
| Total income | 341,899 | 319,675 |
|
|
|
| Expenditure | ||
| Expenditure on charitable activities | ||
| Purchases | 52,601 | 49,541 |
| Wages and salaries | 92,433 | 99,249 |
| Rates and water | 10,751 | 2,394 |
| Light and heat | 136,348 | 80,347 |
| Repairs and maintenance | 7,942 | 38,379 |
| Insurance | 7,066 | 4,436 |
| Other establishment | 9,066 | 2,531 |
| Legal and professional fees | 9,586 | 14,155 |
| Telephone | 8,346 | 6,177 |
| Other office costs | 7,816 | 5,916 |
| Depreciation | 3,447 | 4,596 |
|
|
|
| 345,402 | 307,721 | |
|
|
|
|
|
|
| Total expenditure | 345,402 | 307,721 |
|
|
|
|
|
|
| Net (expenditure)/income | (3,503) | 11,954 |
|
|
- 19 -
Harraby Community Centre
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Centre | ||
| Activities undertaken directly | ||
| Purchases | 17,902 | 21,559 |
| Wages/salaries | 92,433 | 99,249 |
| Rates & water | 10,751 | 2,394 |
| Light & heat | 136,348 | 80,347 |
| Repairs & maintenance | 6,903 | 37,340 |
| Insurance | 6,766 | 4,317 |
| Legal and professional fees | 9,586 | 14,155 |
| Telephone | 8,346 | 6,177 |
| Other office costs | 7,802 | 5,864 |
|
|
|
| 296,837 | 271,402 | |
|
|
|
| Theatre | ||
| Activities undertaken directly | ||
| Purchases | 34,699 | 27,982 |
| Repairs & maintenance | 1,039 | 1,039 |
| Insurance | 300 | 119 |
| Other office costs | 14 | 52 |
|
|
|
| 36,052 | 29,192 | |
|
|
|
| Governance costs | ||
| Other establishment | 9,066 | 2,531 |
| Depreciation | 3,447 | 4,596 |
|
|
|
| 12,513 | 7,127 | |
|
|
|
|
|
|
| Expenditure on charitable activities | 345,402 |
307,721 |
- 20 -