Company registration number: 08676991 Charity registration number: 1157323
West Denton Community Centre
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 September 2024
Beechwood Accounting NE Ltd T/A AIMS 80 Beechwood Gdns Gateshead Tyne & Wear NE11 0DA
West Denton Community Centre
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Strategic Report | 2 |
| Trustees' Report | 3 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Statement of Cash Flows | 9 |
| Notes to the Financial Statements | 10 to 19 |
West Denton Community Centre
Reference and Administrative Details
Chairman
Mrs Donna Curry
Charity Registration Number 1157323 Company Registration Number 08676991
The charity is incorporated in England.
Registered Office Hillhead Road West Denton Newcastle Tyne & Wear NE5 1DN Independent Examiner Beechwood Accounting NE Ltd T/A AIMS 80 Beechwood Gdns Gateshead Tyne & Wear NE11 0DA
Page 1
West Denton Community Centre
Strategic Report for the Year Ended 30 September 2024
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 30 September 2024, in compliance with s414C of the Companies Act 2006.
The strategic report was approved by the trustees of the charity on 15 May 2025 and signed on its behalf by: SIGNED SECURELY 21/05/2025 at 2:10:11 PM UTC Fe Can ......................................... Mrs Donna Curry
Chairman and trustee
Page 2
West Denton Community Centre
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 30 September 2024.
Objectives and activities
Public benefit
Provide subsidised meeting rooms and facilites to to the local community.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Mrs Donna Curry Janet Elizabeth Cannell Mr Russell Leyland Jolene Stewart
Chairman: Mrs Donna Curry
Structure, governance and management Financial instruments
Objectives and policies
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
Cash flow risk
The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.
Page 3
West Denton Community Centre
Trustees' Report
Credit risk
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments.
The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
Liquidity risk
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.
Statement of trustees' responsibilities
The trustees (who are also the directors of West Denton Community Centre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Page 4
West Denton Community Centre
Trustees' Report
Disclosure of information to auditor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 15 May 2025 and signed on its behalf by: SIGNED SECURELY 21/05/2025 at 2:10:11 PM UTC ......................................... Fe Can Mrs Donna Curry
Chairman and trustee
Page 5
West Denton Community Centre
Independent Examiner's Report to the trustees of West Denton Community Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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 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 West Denton Community Centre as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts 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 accounts 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)].
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.
...................................... Keith Blackett
80 Beechwood Gdns Gateshead Tyne & Wear NE11 0DA
15 May 2025
Page 6
West Denton Community Centre
Statement of Financial Activities for the Year Ended 30 September 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Other trading activities 3 Other income 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 Note Income and Endowments from: Other trading activities 3 Other income 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 553 90,738 91,291 (85,783) (8,876) (94,659) (3,368) (3,368) 82,017 78,649 Unrestricted funds £ 999 64,726 65,725 (85,489) (10,989) (96,478) (30,753) (30,753) 112,770 82,017 |
Total 2024 £ 553 90,738 |
|---|---|---|
| 91,291 | ||
| (85,783) (8,876) |
||
| (94,659) | ||
| (3,368) | ||
| (3,368) 82,017 |
||
| 78,649 | ||
| Total 2023 £ 999 64,726 |
||
| 65,725 | ||
| (85,489) (10,989) |
||
| (96,478) | ||
| (30,753) | ||
| (30,753) 112,770 |
||
| 82,017 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 16.
The notes on pages 10 to 19 form an integral part of these financial statements. Page 7
West Denton Community Centre
(Registration number: 08676991) Balance Sheet as at 30 September 2024
| Note Current assets Cash at bank and in hand 14 Creditors: Amounts falling due within one year Total assets less current liabilities Creditors: Amounts falling due after more than one year 15 Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 16 |
2024 £ 84,449 1 84,450 (5,801) 78,649 78,649 78,649 |
2023 £ 90,799 - |
|---|---|---|
| 90,799 (8,782) |
||
| 82,017 | ||
| 82,017 | ||
| 82,017 |
For the financial year ending 30 September 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 charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
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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 accounts.
The financial statements on pages 7 to 19 were approved by the trustees, and authorised for issue on 15 May 2025 and signed on their behalf by:
......................................... Mrs Donna Curry Chairman and trustee
The notes on pages 10 to 19 form an integral part of these financial statements. Page 8
West Denton Community Centre
Statement of Cash Flows for the Year Ended 30 September 2024
| Note Cash flows from operating activities Net cash expenditure Working capital adjustments Decrease in creditors Net cash flows from operating activities Cash flows from financing activities Repayment of loans and borrowings Net decrease in cash and cash equivalents Cash and cash equivalents at 1 October Cash and cash equivalents at 30 September |
2024 £ (3,368) (1) (3,369) (2,981) (6,350) 90,799 84,449 |
2023 £ (30,753) (1) |
|---|---|---|
| (30,754) (3,118) |
||
| (33,872) 124,671 |
||
| 90,799 |
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 10 to 19 form an integral part of these financial statements. Page 9
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
1 Charity status
The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £4 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Hillhead Road West Denton Newcastle Tyne & Wear NE5 1DN
These financial statements were authorised for issue by the trustees on 15 May 2025.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
West Denton Community 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 notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 10
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
Income and endowments
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Page 11
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
Foreign exchange
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:
1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);
2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and
3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 12
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 13
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
Debt instruments
Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:
(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.
(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Page 14
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
Derivative financial instruments
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.
Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
3 Income from other trading activities
| Trading income; Sales of goods and services Total for 2024 Total for 2023 |
Unrestricted funds General £ 553 553 999 |
Total funds £ 553 |
|---|---|---|
| 553 | ||
| 999 |
4 Other income
Total funds £
5 Expenditure on raising funds
a) Costs of trading activities
Page 15
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
| Note Costs of goods sold Other direct costs of activities for generating funds Total for 2024 Total for 2023 |
Unrestricted funds General £ 1,204 54,993 56,197 59,853 |
Total funds £ 1,204 54,993 |
|---|---|---|
| 56,197 | ||
| 59,853 | ||
| Total costs £ |
6 Expenditure on charitable activities
| Note Governance costs 7 Total for 2023 |
Unrestricted funds General £ 8,876 10,989 |
Total funds £ 8,876 |
|---|---|---|
| 10,989 | ||
| Total expenditure £ |
In addition to the expenditure analysed above, there are also governance costs of £8,876 (2023 - £10,989) which relate directly to charitable activities. See note 7 for further details.
7 Analysis of governance and support costs
Governance costs
| Audit fees Other fees paid to auditors Legal fees Other governance costs Total for 2024 Total for 2023 |
Unrestricted funds General £ 1,064 1,902 5,910 8,876 10,989 |
Total funds £ 1,064 1,902 5,910 |
|---|---|---|
| 8,876 | ||
| 10,989 |
Page 16
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
8 Government grants
£4000 local government grant provided for support during COVID pandemic. The amount of grants recognised in the financial statements was £- (2023 - £-).
9 Net incoming/outgoing resources
Net outgoing resources for the year include:
2024 £
10 Trustees remuneration and expenses
11 Staff costs
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Staff costs during the year were: | ||
| Wages and salaries | 29,586 | 25,636 |
| The monthly average number of persons (including senior management / | leadership team) employed | |
| by the charity during the year expressed as full time equivalents was as follows: | ||
| 2024 | 2023 | |
| No | No | |
| Employees | 3 | 3 |
| No employee received emoluments of more than £60,000 during the year. | ||
| 12 Auditors' remuneration | ||
| 2024 | 2023 | |
| £ | £ | |
| Other fees to auditors | ||
| The auditing of accounts of any associate of the charity | 1,064 | 980 |
Page 17
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
13 Taxation
The charity is a registered charity and is therefore exempt from taxation.
14 Cash and cash equivalents
| Cash at bank 15 Creditors: amounts falling due after one year Bank loans 16 Funds Balance at 1 October 2023 £ Unrestricted funds General 82,017 Balance at 1 October 2022 £ Unrestricted funds General 112,770 17 Analysis of net assets between funds Current assets Current liabilities Creditors over 1 year Total net assets |
Incoming resources £ 91,291 Incoming resources £ 65,725 |
2024 £ 84,449 2024 £ 5,801 Resources expended £ (94,659) Resources expended £ (96,478) Unrestricted funds General £ 84,449 1 (5,801) 78,649 |
2023 £ 90,799 |
|---|---|---|---|
| 2023 £ 8,782 |
|||
| Balance at 30 September 2024 £ 78,649 |
|||
| Balance at 30 September 2023 £ 82,017 |
|||
| Total funds at 30 September 2024 £ 84,449 1 (5,801) |
|||
| 78,649 |
Page 18
West Denton Community Centre
Notes to the Financial Statements for the Year Ended 30 September 2024
| Current assets Creditors over 1 year Total net assets 18 Analysis of net funds Cash at bank and in hand Net debt Cash at bank and in hand Net debt |
Unrestricted funds General £ 90,799 (8,782) 82,017 At 1 October 2023 £ 90,799 90,799 At 1 October 2022 £ 124,671 124,671 |
Total funds at 30 September 2023 £ 90,799 (8,782) |
|
|---|---|---|---|
| 82,017 | |||
| At 30 September 2024 £ 90,799 90,799 At 30 September 2023 £ 124,671 124,671 |
19 Related party transactions
Page 19
West Denton Community Centre
Statement of Financial Activities by fund for the Year Ended 30 September 2024
Unrestricted Funds
| Total | Total | |
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2024 | 2023 | |
| £ | £ | |
| Income and Endowments from: | ||
| Other trading activities | 553 | 999 |
| Other income | 90,738 | 64,726 |
| Total income | 91,291 | 65,725 |
| Expenditure on: | ||
| Raising funds | (85,783) | (85,489) |
| Charitable activities | (8,876) | (10,989) |
| Total expenditure | (94,659) | (96,478) |
| Net expenditure | (3,368) | (30,753) |
| Net movement in funds | (3,368) | (30,753) |
| Reconciliation of funds | ||
| Total funds brought forward | 82,017 | 112,770 |
| Total funds carried forward | 78,649 | 82,017 |
This page does not form part of the statutory financial statements. Page 20
West Denton Community Centre
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
| Income and Endowments from: Other trading activities (analysed below) Other income (analysed below) Total income Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2024 £ 553 90,738 91,291 (85,783) (8,876) (94,659) (3,368) (3,368) 82,017 78,649 |
Total 2023 £ 999 64,726 |
|---|---|---|
| 65,725 | ||
| (85,489) (10,989) |
||
| (96,478) | ||
| (30,753) | ||
| (30,753) 112,770 |
||
| 82,017 |
This page does not form part of the statutory financial statements. Page 21
West Denton Community Centre
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
| Other trading activities Sales of purchased goods Other income Other income Raising funds Purchases Wages and salaries Staff training Rates Light, heat and power Repairs and maintenance Charitable activities Telephone and fax Computer software and maintenance costs Printing, postage and stationery Trade subscriptions Cleaning Accountancy fees Legal and professional fees Bank charges Loan interest |
Total 2024 £ 553 553 90,738 90,738 (1,204) (29,586) - (2,664) (40,944) (11,385) (85,783) (1,353) (2,347) (336) - (1,443) (1,064) (1,902) (230) (201) (8,876) |
Total 2023 £ 999 |
|---|---|---|
| 999 | ||
| 64,726 | ||
| 64,726 | ||
| (3,675) (25,636) (900) (1,082) (27,912) (26,284) |
||
| (85,489) | ||
| (2,484) (3,073) (398) (35) (3,755) (980) - (264) - |
||
| (10,989) |
This page does not form part of the statutory financial statements. Page 22