2024-03-31-accounts

Charity number: 1157567

The Mathiesen Centre Trust Report and Financial Statements 31st March 2024

The Mathiesen Centre Trust

Reference and administrative details

For the year ended 31[st] March 2024

Charity number 1157567

Principle office Mathiesen Centre and operational Mathiesen Road address Bradville Milton Keynes MK13 7AG Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Karl John Lane (Chair) Allan Calverley Beverley Calverley Sue Germain Bankers HSBC Milton Keynes

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The Mathiesen Centre Trust

Report of the trustees

For the year ended 31[st] March 2024

For the year ended 31 March 2025 the trustees present their report and financial statements. The financial statements present a true and fair view of the position of the organisation.

Structure, governance and management

The organisation is a Charitable Incorporated Organisation (CIO) established on 20 June 2014. The CIO operates under a constitution where the only voting members are its charity trustees.

The board

The Mathiesen Centre Trust is governed by a board of trustees responsible for setting and monitoring the strategic direction of the organisation and establishing policy. All trustees give their time voluntarily and receive no financial benefit from the charity.

Ensuring that our work delivered our aims

The trustees have referred to the Charity Commission’s general guidance on public benefit when reviewing their aims and objectives and in planning our future activities. The trustees have not identified any detriment or harm.

Risk management

The board of trustees has ultimate responsibility for risk management. During the year the board reviewed and updated the organisation’s risk register. Risk management is integrated with planning and budgeting and major risks are reviewed regularly by the board.

Public benefit statement

The trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit. The trustees are satisfied that the aims and objectives of the charity meet the public benefit requirement and that the charity’s activities are carried out in support of those aims.

Objectives and activities

Purpose and objectives

The Mathiesen Centre Trust exists to benefit the residents of Bradville and the surrounding areas of Milton Keynes without distinction of sex, sexual orientation, race or political, religious or other opinions. The charity brings together residents, local authorities and voluntary organisations to advance education and provide facilities for recreation and leisure in order to improve the conditions of life for local residents.

The charity works to establish and maintain a community centre where activities can take place in support of these objectives.

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Core beliefs

The Mathiesen Centre Trust is committed to providing accessible and welcoming spaces for community groups, faith groups and organisations that contribute to the wellbeing of the local community.

The charity promotes positive change through:

• Improving social welfare and access to community facilities

• Promoting an open and inclusive community

• Encouraging the exchange of ideas and educational opportunities

• Working in partnership with voluntary and statutory organisations

Chair of the board of trustees

During the year ending 31 March 2025, The Mathiesen Centre Trust continued to strengthen its role as a hub for community activity in Bradville and the surrounding areas of Milton Keynes.

The centre has maintained a steady level of usage, supporting a variety of local groups, charities, faith organisations and community initiatives. Trustees have continued to work closely with user groups to ensure the centre remains accessible and responsive to the needs of the community.

Operationally, the trustees have focused on maintaining the facilities, ensuring that the building remains safe, functional and suitable for the wide range of activities that take place within it.

Financially, the organisation has continued to manage its resources prudently. Careful oversight has enabled the charity to maintain stability while continuing to provide affordable access to facilities for community ‑ groups. Maintaining adequate reserves remains a priority to ensure the long term sustainability of the centre.

We are committed to continue our offer of substantial support to various groups. By doing so, we aim to maximize the benefits to the community, aligning with our organizational goals and values.

Looking ahead, the trustees remain committed to supporting the community by providing a reliable and welcoming space for activities that enhance social wellbeing and strengthen local connections.

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The Mathiesen Centre Trust

Formerley Mathiesen Youth and Community Centre

For the Year Ended 31 March 2024

The Mathiesen Centre Trust

Formerley Mathiesen Youth and Community Centre

For the Year Ended 31 March 2024

Bank Accounts Opening: Deposit Account Current Account TOTAL Income: Facility Hire Bank Interest Expenditure: Light & Heating Cleaning Charges & Materials Telephone, Fax, Internet Repairs & Maintenance Grounds Maintenance Waste Disposal Water Charges Insurance and Affiliation Fire Alarm and Security Marketing Miscellaneous Bank Charges Net Income over Expenditure: Bank Accounts Closing: Deposit Account Current Account TOTAL	48,638 58,432 107,070 15,491 618 16,109 4,425 7,190 634 2,250 850 - 386 1,460 46 360 84 60 17,743 (1,634) 49,256 56,181 105,436 31/03/2024	48,436 60,003 108,439 14,921 203 15,124 4,648 5,706 812 377 336 408 - 1,304 2,291 330 220 60 16,492 (1,369) 48,638 58,432 107,070 31/03/2023

The Mathlesen Centre Trust Formerley Mathiesen Youth and Community Centre For the Year Ended 31 March 2024 Re I have examined the financial records of the above I can report that the accounts presented show a fair and accurate representation of the facts. io Mr Gregory W. McGrath FCA 8 Chalmers Avenue Haversham Milton Keynes MK19 7AG Tel [phone]