TRUSTEES AririuAL REPORT AND ACCOUn
FOR THE YEAR E￿DED 31•t MARCH 2024
Charltable Incorporated OrgantsAtlon
Reglstered number. 1156128

HILL STREET YOUTH AND COMMUNITY CENTRE
CONTENTS OF THE FINANc￿L STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Charity inforniation
Report of the TTUStees
Report of independent examiner
Statement of Financial Activilies
Balanc¢ Sheet
Notes to the Financial Statements

HILL STREET YOUTH AND COMMUNITY CENTRE
CHARrrY INFORMATION
TRUSTEES:
Jan Bowden {Chairl
Rob Brock
lan Davis
Claire Edward51Secretsry)
Mark Gore
Stephen Richards ITreasurerl
Sarah Thompson
CONTACT ADDRESS:
Hill Street
Rugby
CV212NB
WEBSITE:
www.hi11streetcentre.org
CHARITY REGISTERED NUMBER:
1156128
BANKERS:
Bardays Bank PIC
North Street
Ru8by
OBJEcfs: To further or benefit the residents of the Borough of Rugby. without distinction of a8e,
sex. 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 prowde facilities in the interests of social
welfare for recreation leisure time occupation with the objective of improving the
conditions of life for the residents.
ACTIVITY: In furtherance of these objects but not otheThvise. the trustees shall have power to
establish or secure the estsblishment of a youth and community centre and to maintain
or manage or co-operate with any ststutory authority in the maintenance of such a centre
for activitses promoted by the charity in furtherance of the above objects.
Page I

HILL STREET YOUTH AJYD COMIWUNITY CENTRE
Truste￿, Annual Rep)rt for the year ended 31st March 2024
The year saw significant changes in the Trustee group, lan Bentlett. a founder member,
retired as a Trustee but retains an advisory role. lan has worked continuously with our
Chairman and Treasurer since 2011 to develop the Hill Street Centre and played a major
part in raising funds for its future SUC￿$S. Stephen Richards resigned as Chair but continues
as Treasurer. The Trustees would like to express their gratitude for the years of voluntary
service and commftment both Trustees have given in their respective roles to The Hill Street
Centre and its community. Jan Bowden, formerly Deputy Chair. has been appointed as Chair
of Trustees and is responsible for this report.
The Trustees are delighted to report the successful build and completion of the new child
and youth hub which has been named Yhe Hive" It was off icially opened on September
Ilth 2023 by the Rugby Mayor, Maggie O. Rourke and the event was attended by
representatives from all the funders. user groups and Trustees.
Whilst there was some disruption to our scheduled activities as building work was taking
place, there was no significant impact due to the positive and supportive relationship
forged between our Centre's Direttor of Operations and the builders. Trendgrey
Construction Limited.
"The Hive" is a large. inviting and welcoming space. The primary use 15 for young people and
parents- it has proved to be very popular as a meeting venue for a variety of communrty
groups and charities during the day time and at weekends. The focus for the year has been
getting the usage of Yhe Hive" up to capacity and expanding our provision to reflect the
increasingly diverse nature of our local community. Yhe Hive" is now providing support,
education. engagement and guidance to our younger community. To give a few examples.
our own centre staff are delivering weekly youth clubs to children and young people from
the ages of 4-16 and we have secured a full yearf5 funding from Warwickshire CC for the
HAF holiday support programme so that we can provide food and social activities for
underprivileged children. The Tamil Community Group hire the space to provide familv
social activities but also enga8e their own tutors to provide coaching for GCSE English.
maths and science. The Gujarati Cultural Association hire the classrooms and provide tutors
to ensure their children retain the Gujarati language as well as using English. 'Comm unity
Welcome,. a charity which supports refugees from several countries and their families. hires
"The Hive" weekly to meet, prepare and share food. Potter5house Church hires the whole
venue for their weekend social activities. The trustees are pleased to report that we believe
the hard work and years of commitment to securin8 a separate youth hub have been
worthwhile and exceeded our expectations
Usage of 'The Hive" ha5 opened up additional rental hire potential in the Adult Community
Centre and has also allowed us secure new users. Long term agreements are in place for
office and training space from Warwick5hire CAVA and office space for Compass who
provide a support Service for children and young people for substance. drug and alcohol.
Our overall Centre hire has increased by 37% and there are over 50 user groups using the
Hill Street Centre.
Page 2

There was an operatin8105s of £9.600 in the year. This was as a result of the disruption of
the new build which impacted on commissioned ser¥ices and an increase of 144% in energy
costs. During the year we have identified signrficant funding opportunities and we are now
working on applications for funding for 2024-25. In particular there is a need to focus on the
funding of commissioned sep4ices. We are awaitingthe results of our bid from Social Fabric
funding. This would secure funding for staff in8the development of the "Legacy Projert"
This is a planned proErarnme of activities for young people central to our Five Year Plan;
encompassing their social. educational. arts, sports, mental health and well-bein8 needs.
which have been funded through commissioned services in the past.
The trustees have met on a monthly basis and regularly review the risks facing the Charity.
identifying the types of risk present and the mitigating actions required to minimise them.
Internal controls and policies have been established and are subject to amendment as and
when necessary. One of our trustees has spearheaded the development of our five year
business plan which will take us to 2029 and we have engaged in three workshops a5 part of
the process. I ndividual trustees are designated lead roles based on their individual skills and
experience. The Trustees consider the resep4es are sufficient to ensure the charity is able to
meet the funding required to operate the Centre on a day to day basis for the foreseeable
future. Unrestrirted Contingency Reserve Fun(ts have been established to ensure sufficient
funds are available to cover fluctuations in income. unexpected property maintenance costs
and continuation of youth commissioned services. Grants and donations which have been
received for specified purposes are designated 'Restricted' and are identified as a separate
reserve on the balance sheet and full detai15 of these are provided in the report.
The Charities Act requires the Trustees to prepare financial statements for each financial
year. which give a true and fair view of the state of the affairs of the charity at the end of
the year and of the incoming and outgoin8 resources for the year. In preparing the financial
statements the Trustees are required to select suitable accountin8 policies and then apply
them consistently, makin8 judgements and estimates that are reasonable and prudent.
The Trustees must also prepare the financial statement on an ongoing basis unless it is
inappropriate to presume the charity will continue its activities. The Trustees are
responsible for keeping records which disdose with reasonable accuracy the financial
position of the charity and enable them to ensure that the financial statements comply with
the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps to prevent and detect fraud and other
irregularities.
I would like to express my thanks to the Trustees. advisors and in particular, the staff led by
Chris Maddox, Director of Operations and Development, who have all supported and
contributed to the work of the charity. I would also like to thank the Trustees for the
opportunity to serve as Chair.
Jan Bowden
Chair of Trustees
nd
22 Au8USt 2024
Page 3

HILL sfREEf YOUTH AND COMMUNTTY CENTRE
CHARITABLE INCORPORATED ORGANIS4TION REG15fERED NUMBER No. 1156128
Independent Examlnerfs Report to the Twstees
5t
I report on the accounts of the Hill Street Youth and Community Centre for the year ended 31 March
2024.
Res
ective Res
nsibilities of Trustees and Examiners
The Charitys Trustees are responsible for the preparation of the accounts in accordance with the
Charities Act 2011 (the Act). The Chariws Trustees consider that an audit is not required for this year
under section 144(2} of the Act and that an independent examination is required. l am qualified to
undertake the examination by virtue of being a practising member of the Institute of Chartered
Accountants in England and Wales.
It is my responsibility as Examiner .
To examine the accounts under Section 145 of the 2011 Act:
To follow the procedures laid down in the Genernl Directions given by the Charity
Commissioners under Section 14515) Ibl of the 2011 Act and
To state whether particular matters have corne to my attention.
Basis of Inde
endent Exarninerfs Re
My examination was carried out in accordance with the General Directions grven by the Charity
Commissioners. An examination includes a review of the a¢¢ountin8 records kept by the charity and a
Comparison of the accounts presented wth those records. It also includes consideration of unusual
items or disclosures in the accounts, and seekin8 explanations from the Trustees concerning any such
matters. The procedu￿$ undertaken do not provide all the evidence that would be required in an
audit, and consequently no opinion is given as to whether the accounts present a true and fair view
and the report is limited to those matter5 set out in the statement below.
Inde
endent Examinerfs Statèment
In connection wlth my examination, no rnatter has come to my attention which gives me reasonable
cause to believe that in any material respect:
al The accounting records were not kept in accordance with section 130 of the 2011 Act,. or
b) The accounts did not accord with the accounting re￿rds. or
cl The accounts dld not comply with the applicable requirements ¢on¢erning the form and
content of accounts set out in the Charitie5 (Accounts and Reports) Regulations 2008,
other than any requirement that the accounts give a °true and fairf view which is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other matters to which attention should be drawn
in order to enable a proper understsnding of the accounts to be reached.
T. J. ABR
FCA
Chartered
countant
2 Swallow aose
Stratford upon Avon
CV37 6T[
Dated * November 2024
Page 4

HILL sfREET YOIITh ANO COMMUNrrY CEKfRE
No. 1156128
ANNUAL AcCoU￿r5 FOR THE YEAR ENDED 31st MARCH 2024
STATEMEKf OF FINANCIAL KnvmES
Unrestrirted
funds
Restricted
funds
Totsl funds
funds
Incomin
Note I
Income and endowments from:
Donations and grants
Charitable activities
Hire of facilities
Salary recovery
Investments
Other
Totsl
1,161
489,125
490,286
213,607
82.203
18.493
3,777
140
105,774
82.203
18,493
3,777
140
594,899
59,892
16,871
1,692
489,125
292,062
Expenditure on:
Raising funds
Charitable activities (Note 4/14)
5alarie5 and wages {Note 5/14)
Centre running costs (Note 6)
Administrative expenses Note 7)
New youth hub build costs
Mortgage interest payable
Total
269
269
566,795
101,947
29,538
7.635
12,919
6,024
725,127
251
138.436
85,113
17,035
6,629
36,117
6,140
289,721
566,351
71,947
29,538
7,635
12,919
6,024
128,776
596,351
Net income before investment gains
Net gainsl{losses) on investments
Net income
Extraordinary items
Other recognised 8alns/{losses):
Other gains/{lossesl
123.IXII)
(107.226)
(130,227)
2,341
(23,001)
(107,226)
(130.2271
2,341
(23.(X)l)
1107,226)
(130.227)
2.341
Reconciliation of funds:
Total funds brought forward
Totsl funds carried forward
95.571
72.571
110,253
3,026
205.824
75,597
203,483
205.824
Page 5

HILL STrE
AND COMMUNTTY CEt4TRE
ANNUAL ACCOUNTS FOR IHE YEAR ENOED 3
MARCH 2024
BALANCE SHEET 3tst MARCH 2024
funds
Tangible assets
Investments
Total fixed assets
(Note 3)
(Note 3)
135.712
135.712
135.712
135.712
135,712
135.712
Debtors
{Note 111
Cash at bank and in hand {Note 12)
Tolal current assets
12.796
50,713
63,509
2,540
17.506
20.046
15,336
68.219
83.555
10.113
234.846
244,959
Creditors: amounts falling due within one year (Note 13)
10,534
17.020
27.554
61,887
Net cu
52.975
3.026
56,001
183.072
Totsl a
less currert Ilabllttles
188,687
3.026
191.713
318,784
Credltors: amounts falling due after one year
Preferential creditor- Mortgage {Note 3)
116,116
116.116
112.960
TOTAL NET ASS
￿￿71
3,026
75.597
205￿24
Funds of the Cha
Restrkted funds It4ote 141
Unrestricted funds
3.026
3.026
33,015
39.556
75.597
110,252
34.189
61.383
205￿24
33.015
39.556
n571
TOTAL FUNDS
3.026
*JJ
Signed by Stephen Richards
on behalf of all the trustees
Date: 22nd August 2024
Page 6

NOTES TO THE ACCOUNTS
Basis of
re
ration
These accounts have been prepared under the historic21 c05t convention with items
recognised at cost or transaction value unless otherwise stated in the relevant notes to
these accounts.
The accounts have been prepared in accordan￿ with the Statement of Recommended
Practice- Accounting and Reporting by Charities preparing their accounts in accordance
with the Financial ReportirE Standard applicable to the UK and Republic of Ireland IFRS
th
102} issued on 16 July 2014. And with the Charities Act 2011. The charity constitutes a
public benefit entity as defined by FRS 102.
The accounts present a true and fair view and are in accordance with the accounting
policies adopted.
No changes to accounting estimates have occurred in the reporting period.
No material prior year error has been identified in the reporting period.
l. Incom
Income is induded in the Statement of Finanu31 Affairs when the charity is entitled to the
resources and the monetsry value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities or income and expenditure.
Grants and donations are only included SOFA when the income recognition criteria are met.
The charity received no Government bTants in the reporting period other than Covid-19
support.
Gift Aid re￿1vable is included in income when there is a valid declaration from the donor.
The value of voluntary help received 15 not induded in the accounts but is described in the
Trustees Annual ReporL
endlture and Liabilities
Liabilities are recognised when it is more likety than not that there is a legal or constructive
obli8ation committingthe charity to pay out resources and the amount ofthe obligation
can be measured with reasonable certainty.
A mortgage secured on the freehold property was utilised to purchase the freehold. This is
stated in the accounts as a preferential liability.
Support costs have been allocated between govemance costs and other 5UPPOrt.
Governance costs comprise all costs involving public accountabifity of the charity and its
compliance with regulation and good practice.
No material item of deferred income has been included in the accounts.
A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate to settle the obligation at the reporting date.
The charity accounts for basic financial instruments on initial recognition as per paragraph
10.7 FRS 102 SORP.
Page 7

The charity is the registered owner of the free￿Id of the ￿ntre and land.
The cost of acquisition was £135,712.
During the year the charity completed the construction of a dedicated youth hub. The
cost, including furnishings. equipment and fees was £692.845. Grants received were
£645,41X) the balance of £47.445 being met from reserves.
A mortgage from The Charity Bank is secured on the freehold property.
The charity holds no investments other than bank and building society deposit accounts.
The charity has no stocks or work in progress.
Debtors are measured on initial recognition or invoicing at the settlement amount.
nditure on charitable artivitles
Unrestricted Restricted
funds
funds
Prior
ear
As per note 14
596.795
138.436
Prior
ear
Year
5a Ex
ndlture on salaries and
Salaries and wages
Social security costs
Pension costs
Other employee benefits
96.444
3,416
2,087
81,495
2,266
1.352
101.947
85,113
5b Ave
e head count
Charitable activities- full time staff
Centre runnbng costs - part time staff
6 Ex nditure on centre runnl
Cleaning
Property and ground maintenance
Equipment maintenance and replacement
Security
Health & safety and Covid precautions
Light, heat and water
Waste
Insurance
197
541
1.357
2,065
210
19,751
1,735
3,682
29,538
89
15
1,330
2,496
210
8,354
1.240
3.301
17,035
Page 8

7 Ex enditufe on admlnlstratlve ex
Professional fees
Accountant rewew
Website
Printin8 Postage and stationery
Travel
Telephone and broadband
IT support
Training
Catering
Licence5
Equipment rental
Bank charges
Miscellaneous
n5es
293
650
171
293
827
236
620
211
343
627
1.947
130
25
124
1,590
135
136
30
394
1,381
208
1,192
7,635
474
1.381
199
647
6,629
Fees for examini
the accounts
Independent examiner's f￿ for the year was £650
No other fees were paid to the independent examiner of the accounts
9 Trans
ions with Trustees
None of the trustees have been paid any remuneration or received any other benefits
from an employment with the charity or a related entity.
Prior
Year
Trustees were reimbursed expense5:
560
10 Transactions with related rtles
There have been no related party transactions
Pa8e 9

11 Debt
sand
rnents
Debtors for hire of the centre
Grant claim
Restricted expenditure in advance
Prepayments and accrued income
11,833
2.540
9,075
963
15.336
1.038
10,113
12 Cash at bank and In hand
Barclays bank deposit account
Barclay5 bank current account
Barclays Bank Big Lottery account
The Charity Bank
Hinkley and Rugby Building Society
Petty cash
756
3.918
57,157
5,449
63.511
86,474
85,748
17
35
68.219
234,846
13 Credltors and accruals
Creditors- restricted expenditure
Centre hire in advance
Creditors
Accrued expenditure
Social security and pensions - restricted
Preferential creditor- Mortgage
payments within one year
17.020
48,635
4,245
1,135
2,286
1.307
850
2.342
2.868
27.554
2.729
55,863
Page 10.

funds
Carrfed
forward
Enyge 2022123
Futures Bright
Together Fitter
Together actlve
Satary funding
RISEIHYPE
Youth ser¥kes
X Roads Open Access
CIKJlces Drop in Youth Club
Pollce & Crlme Commlssior
County Councillors
County Councillors
NatK)nal Grid
Big lottery
Rugby Group Benevolent Fund
ndryfunders
Severn Trent
Warwlckshlre County CourKil
Police & Crime Comm￿S1Oner
Worwick5hire County Council
Wafwickshire County Council
Holiday actNities
Holiday artivit
Holiday activities
County Counclllors
County Councillors
Heart of Er%land/Edward CadburylNorton
Foundation/Natonal Lottery
soropt0m￿tslc1OthWOrke1s
1.243
1,167
5,306
2.410
4,485
30.L￿)
8.035
2,758
6,337
11,891
821
4,027
930
1.828
6.337
1.652
10,636
397
Wami Hub
Homes For Ukralne
HAF Easter programme
HAF Summer programme
HAF Winter
Music Studio
Wih. upgrade
346
1.845
836
2.967
1.299
555
2(Xl
472
1,373
836
2.967
1.299
555
21))
Legacy 3 - new build construction
93.165
436,150
527,507
110252
494,890
602,116
3.026
Per SOFA 489.125 596351
Transfers
5,765
5,765
494.890
602,116
Page 11