Kibblesworth Village Millennium Centre
Charity no. 1157276
Financial Statements
for the period ended 31 May 2022
Kibblesworth Village Millennium Centre
For the year ended 31 May 2022
The Management Committee have pleasure in presenting their report and the un-audited Financial Statements for the year ended 31 May 2022
Reference and Administrative Details
Charity No 1157276 Principal Office Kibblesworth Millenium Centre Grange Terrace Kibblesworth Tyne & Wear NE11 0XN Independent Examiner Mark Thompson MAAT 42 Lesbury Road Heaton Newcastle upon Tyne NE6 5LB Bankers Barclays Bank Management Committee Richard Irwin & Trustees Norma Bolton Kay Robson Carol Gowland Karen Martin Graham Askew Cllr Sheila Gallagher (Not Trustee)
Kibblesworth Village Millennium Centre
Trustees' Report
Principal activities and review of the business for the year ended 31st May 2022
Kibblesworth Village Millennium Centre was opened in 2001 with an elected Management Committee to oversee the running of the Centre. Kibblesworth Village Millennium Centre became a registered charity on 2nd June 2014 and is managed by elected trustees.
The aims and objects of the Trustees of Kibblesworth Village Millennium Centre are:
To further or benefit the residents of Kibblesworth and the neighbourhood, without distinction of sex, sexual orientation, race, or political, religious or other opinions by associating together the said residents and local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare, for recreation leisure time occupation with the objective of improving the conditions for life for the residents.
In furtherance of these objects but not otherwise, the trustees have power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects. We provide a community facility in Kibblesworth that is available to members and Gateshead residents, as well as to businesses who wish to hire our facilities.
Activity
The Centre intends that as many group / individual activities that reflect the mission statement will be encouraged to hire space in the Centre. Due to Covid restrictions we have had the centre closed for some time over lockdown, however, over the past year we have had the following groups booked in regularly on a hire basis:
Wellness and fitness:
Yoga – 2 x weekly sessions. Line dancing – weekly sessions Pilates – 2 x weekly sessions Ballroom / Latin dance – weekly sessions Tae Kwon-do – 2 x weekly sessions
Education:
Kibby Clickers Photography Group – monthly sessions Kibblesworth Woodcrafters – wood crafting group – 2 x weekly sessions Painting and drawing – 2 x weekly sessions Royal Photographic Society – regular meetings
Reducing isolation:
Coffee morning – held every Monday morning and ran by volunteers Millennium baby and toddler group – weekly sessions in term time Kibby Krafters – weekly sessions.
Support provided to local community
The Millennium Centre hosts surgeries which are organised by local GP practices to enable local residents to easily access medical care and flu vaccinations.
Ward Councillor surgeries are held monthly for local residents to access their councillor.
Polling station for local residents to vote.
Meeting venue for local residents and charitable/voluntary organisations.
Easter and Christmas church services to give more local residents the opportunity to attend. Remembrance Service held annually.
Fundraising fayres and events to raise money for local and national charities, e.g. ADDER, Sepsis UK, Kibblesworth Colliery Banner Society, Harvest and Help, pie and pea suppers, school parties.
Risk management
The trustees are personally responsible and liable for keeping proper accounting records and safeguarding the assets of the organisation. They have assessed the major risks that the organisation is exposed to, in particular those relating to its operations and finances. They are satisfied that systems are in place to mitigate exposure to major risks.
Signed ……………………………………… Position …………Chair Date ………………………………………….
INDEPENDENT EXAMINER'S REPORT
Report to the trustees of Kibblesworth Village Millennium Centre
On accounts for 31 May 2022 Charity no 1157276 the year ended Respective The trustees of the organisation are responsible for the preparation of responsibilities of accounts; they consider that an audit is not required for this year under trustees and section 144(2) of the Charities Act 2011 and that an Independent examiner Examination is needed. It is my responsibility to
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examine the accounts (under section 145 of the 2011 Act),
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• follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and • state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with General Directions independent given by the Charity Commissioners. An examination includes a review of examiner’s the accounting records kept by the charity and a comparison of the statement accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 accounts. Independent In the course of my examination, no matter has come to my attention: examiner's 1. which gives me reasonable cause to believe that in, any material statement respect, the trustees have not met the requirements to ensure that: • proper accounting records are kept (in accordance with section 130 of the Act); and • accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 20 October 2022 Name: Mark Thompson MAAT Address: 42 Lesbury Road Newcastle NE6 5LB
Kibblesworth Village Millennium Centre
Receipts & Payments Account for the period
| 1 June 2021 to 31 May 2022 notes Receipts Grants received (3) HMRC Job Retention Scheme Events and activities (4) Room Hire Membership Preloved and Sundry Sales Refunds Total Receipts Payments Staffing Costs Equipment Utilities Events and activities (4) Insurances Office supplies, postage and stationery Building maintenance, repair and supplies Accountancy (5) Legal & Professional Fees Donation (Ukraine) Total Payments Surplus/Deficit for the period Transfer between Funds Balance brought forward at 1 June 2021 Balance at 31 May 2022 |
Unrestricted Restricted Total Funds Funds 2021 £ 2100 2100 1400 1400 3129 3129 15857 15857 20 20 148 148 1220 1220 21774 2100 23874 16242 16242 999 999 7153 7153 869 2100 2969 892 892 421 421 1304 1304 450 450 0 1000 1000 29330 2100 31430 -7556 0 -7556 51391 0 51391 43835 0 43835 |
Total 2020 £ 7400 9312 791 11467 0 0 848 |
|---|---|---|
| 29818 | ||
| 13472 5546 5473 85 0 66 360 420 0 0 |
||
| 25422 | ||
| 4396 46995 |
||
| 51391 |
Kibblesworth Village Millennium Centre
Balance Sheet at 31 May 2022
| Monetary Assets Cash at Bank and in Hand Liabilities Creditors 5 Total Nett Assets at 31 May 2022 Represented by: Restricted Funds 6 Designated Funds Building & Maintenance Reserve 6 Free Reserves Total Funds |
2022 £ 44285 -450 43835 0 39310 4525 43835 |
2021 £ 51816 -425 |
|---|---|---|
| 51391 | ||
| 0 47310 4081 51391 |
The financial statements were approved by the following members of the Management Committee :
Signed …………….……………………… Position ………………………………….. Signed …………….……………………… Position ………………………………….. Date ……………………………………….
Kibblesworth Village Millennium Centre
Notes to the accounts for the period ending 31 May 2022
(1) Accounting policy
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006
Kibblesworth Village Millennium Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
(2) Legal Status
Kibblesworth Village Millennium Centre is a charity (CIO) registered with the Charity Commission, Registration no 1155927.
It is governed by a management committee.
(3) Grants Received
The following grants were received for the financial year:
| Community Foundation (Jubilee Fund) | 2000 |
|---|---|
| Lamesley Ward Councillors (Jubilee) | 100 |
| HMRC Job Retention Scheme | 1400 |
| 3500 |
(2) Trustees and Staff
No Trustees were refunded any travel expenses incurred during the period.
Salary costs and employment costs for the year are:
| (4) Events and activities Coffee Bar & Lunch Club Raffle & Fundraising Events Trips & Refunds Totals (5) Creditors Accountancy fee for the year (6) Restricted Funds Community Foundation (Jubilee Fund) Lamesley Ward Councillors (Jubilee) |
£16,242 £ income £ costs 1846 2969 1283 £3,129 £2,969 £450 Income Expenditure Balance 2000 -2000 0 100 -100 0 |
|---|---|
Designated Reserves
Building & Maintenance Reserve
The Management Committee, as is good financial practice, designated funds to help with the upkeep and running of the building.
| Staff & Running Costs Repairs & Maintenance General Décor & Flooring 12 Months Ahead Costs |
15000 10000 4310 10000 |
|---|---|
| £39,310 |