2020-12-31-accounts - The Arc Community Hub

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Grange Park Centre

Helping build community

Trustees report and financial statements for the year ending 31[st] December 2020

12[th] October 2021

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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Trustees' Annual Report period ending 31 December 2020

The Trustees present their annual report and audited financial accounts for the year ending 31[st] December 2020 and confirm that they comply with the Charities Act 2016.

Reference and Administrative information

Charity name Grange Park Centre Charities number 1157806 Address 22 Knox Road, Loughborough, Leicestershire. LE11 2UP

Board of Trustees

Paul Gadd (Chair) Andrew Gostelow Harriet Burt Paul Sibson Paul Chung stepped down Nov 2020 Sue Willetts Paul Sibson

Secretary

Paul Chung

Treasurer

Paul Sibson

Auditors

LST Accountancy 32 Quorn Road Loughborough LE11 2AW

Bankers

Lloyds Bank 37-39 Market Place Loughborough LE11 2QG

Structure, governance and management

Governing structure

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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The Grange Park Centre charity was constituted as a Charitable Incorporated Organisation as a charity in 2013 under charity number 1157806. It is governed by its charitable constitution which can be found on the Charities Commission website.

Structure of the charity.

The charity is governed by the trustees and is managed by a working group which coordinates activities.

Organisational structure

The charity Trustees are responsible for the general control and management of the charity. The Trustees give their time freely and receive no renumeration or other financial benefits for their involvement.

The Trustees along with a working committee meet together monthly and are responsible for all decisions taken in relation to the running of the community centre and activities provided by the charity. Following the opening, the Trustees were due to set up a number of sub-committees that would help with the practicalities of the charities work. This has been hampered by the effects of Covid-19 over the past 18 months.

At the end of 2020 Joanne Lipman stepped down as secretary of the charity. Joanne has devoted many hours over the past few years to the construction phrase, equipping of The Arc for opening, acting as secretary and running the Arc baby and toddler group. We would like to formally thank her for her time and commitment over the years and are grateful for her continued time and commitment in running the Arc baby and toddler group going forward.

Recruitment and appointment of Trustees

Paul Chung stepped down as trustee, in order to take on the role of secretary. We are grateful for his input as trustee.

We are currently advertising for new trustees to join the team for the next phase of the centre.

Our Objectives

The past year has been a difficult time for The Arc. After opening at the start of 2020 which huge interest in the use of the facilities, we were forced to close from the 26[th] March due to the effect of the pandemic. From early July we were able to re-open under limited users, with restrictions on social distancing having a significant impact on the number of groups that were therefore unviable to operate. As things eased at the end of September and early October some new groups were able to return, however we were once again force to close for the majority of groups from November when Charnwood changed its tier level to 4,

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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which restricted the majority of activities from operating. As a result we took the decision to use the government flexible furlough scheme to cover the majority of staff costs.

Activities and achievements

In January 2020, we were visited by the trustees of the Helen Jean Cope trust, who had generously donated towards the construction of the centre, funding one of the rooms that has been designated for counselling. During the visit, they learned of the shortfall of money for the purchase of an adult changing table, and at the end of the visit, presented us with a cheque for the outstanding money required! We are very grateful for their continued support. In October 2020 we were able to have a new adult changing table installed in the disabled toilets.

We were fortunate to hear from LCFC Gift of a wish, which we had applied for a grant from in xx 2019 that we’d been awarded £3500 towards the cost of purchasing an adult changing table, however since this had already been fully funded by other donations, we asked whether the money could be redirected towards one of the other projects of providing computers to the Arc for running computer training. They were kind enough to agree. The money is in a reserve account once things have got back to normal following the pandemic.

In spring 2020 the trustees and committee undertook an away day to review the purpose, vision and values of the charity. This was an important point following the construction of the building to reflect where the charity was heading in the next phase. This led to the defining of the purpose, vision & values and mission of the charity, which can be found on the website. http://www.grangeparkcentre.org.uk/our-purpose-vision-values-and-mission/

Community Activities

Despite the reduced operating period for the year, we have been able to support groups running a variety of activities from our local community. These include a Youth Club for school years 6-9, church group, and The Arc baby and toddler group. We have a number of other projects and groups which we are hoping to setup over the coming months. Find out what’s on at: www.thearccommunityhub.org.uk

The charity has also continued to develop relationships with local MPs, ~~lo~~ cal Councillors, residents’ groups, businesses, community trusts and the wider community.

Future plans

Once normal levels for social distancing return to normal levels, the charity will be able to have a more accurate view of monthly running costs and income. We will then resume setting levels for the reserves policy, and re-invest hire income to support project activity to continue to benefit the local community. Feedback from consultation events and resident

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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surveys has emphasised the need within the community for exercise clubs, children’s groups, community activities, and adult learning.

We are so grateful for the support that we have received from volunteers over the past twelve months, and for the tireless commitment of the committee, without whom the centre would not exist.

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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Financial review

Please refer to the Balance Sheet.

The balance sheet shows £723,917 of Fixed assets, along with current assets of £101,499. This includes funds set aside as retention for the construction phase, as a result of Oakwood Construction Ltd, going into liquidation in October 2020.

When a room is hired at the Arc Community Hub, the hirer is required to pay a deposit to cover any possible breakages. This is returned at the end of the hire period. For regular hirers this deposit is held on a long-term basis. At the close of 2020 the Charity held £1,864 of refundable deposits, reflected in the creditor section on the Balance sheet.

The increasing in Unrestricted funds from £7,760 in 2019 to £53,739 in 2020 is due to income from bookings of £15,205, a business continuity insurance claim along with covid recovery grants. Bookings are invoiced and paid in advance.

Restricted funds were re-stated in the current year to reflect the preparation costs ahead of building. The reduction in Restricted funds reflects the fact that the majority of grants and donations received for the construction of the community centre in 2018/2019 have been spent.

The closing funds of the charity of £767,093 of restricted funds. After taking into account the value of tangible assets, the balance of restricted funds is £50,265 and unrestricted funds £53,739. At the close of 2020, a number of snagging items relating to the original construction contract were awaiting completion. Some outstanding items have been paid during 2021, however, the donations for the equipping and delivery of the community centre totals to a value of £31,962 still remains in the reserve accounts. The other reserve accounts remain for specific uses including the Youth Club, computers for training, staff training and costs, laptops for training and The Arc baby and toddler group

Grant income

Fundraising has been limited in 2020, with a number of new grants and donations received. The Charity are incredibly grateful to all of the funders who enabled the Arc Community Hub to be built and equipped to such a high standard. In addition to being the primary funder, The Big Lottery, also provided invaluable guidance and advice at every step of the process.

Fund #	Description
56	Charnwood borough council – member grant	£250
59	Big Lottery	£10,000

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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60	Helen Jean Cope Trust	£3500
62	LCFC–gift a wish	£3,500
64	DNV GL	£965
72	Anonymous	£10,000

The generosity of the funders meant that we will be able to transfer £10,000 of the

remaining Big Lottery funding from capital to revenue grant at the start of 2020, which has enabled us to contribute to staff costs.

Covid related income

We were able to access a number of covid related grants to assist with covering staff and building costs over the year. In addition as a result of the business continuity element of our insurance policy we were able to claim back part of the lost income. This was a huge amount of work going though the claims process, and we are grateful to trustees, our secretary and bookkeeper for their time in achieving the outcome.

Fund Description

Fund	Description
61	Business rates relief	£10,000
65	Charnwood Borough Council – covid recovery	£3,525
67	Charnwood Borough Council – covid recovery	£2,500
73	Markel–business continuity insurance	£14,000

We were able to claim £800 under the governments furlough scheme, which is shown in the donations and legacies section under other.

Donations

The Charnwood Lottery continues to generate a small income each month.

Community project work

For much of 2020 the focus has been on completion of the processes, procedures and policies with reduced staff as a result of the pandemic.

Research from the local community identified support for young people as a priority, and we were delighted to secure funding from the grants listed below, to allow us to engage the services of Go Getta to operate a weekly youth club from the Arc Community Hub.

Fund	Description
46	Charnwood Borough Council – youth project	£2,375

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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51 Waitrose community grant £166

Offers in kind

The project benefitted from so many additional offers in kind throughout construction, fitting out and subsequent opening. These were from the local residents and businesses within the community, along with others through the Committees network.

We have been very grateful for a number of individuals who work behind the scenes with various projects around the Arc, including fitting of equipment and supporting the IT needs.

Statement of financial activities 1/1/2020 – 31/12/2020

The operating expenditure shown is not a true reflection of future costs because of the effects of the pandemic, which have caused the period for a time which has also restricted the types of activities that can be operated.

Despite a short operating period following the opening of the building, the charity received an income of £15,205 in bookings income, reflected as unrestricted funds.

The centre continues to receive booking enquiries for 2021 and booking income forecasts which have exceeded our expectations.

Please refer to the statement of financial activities for year accounting period 1[st] January 2020 to 31[st] December 2020

The Income and Expenditure report details the difficult year it was for hiring income. We expect income to be only a slow increasing in 2021 until the effects of the pandemic ease social distancing.

Reserves policy

Reserves for the operation of the centre will be defined once the community centre has been fully operational for a 6-12 month period, to enable the Trustees to fully understand the financial running requirements needed to operate the centre.

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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Statement of Trustees’ responsibilities

The charity Trustees are responsible for preparing the annual report and financial statement in accordance with applicable law and United Kingdom Accounting Standards.

The law application to charities in England and Wales requires the charity Trustees to prepare final statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the Trustees are required to

Select suitable accounting policies and then apply them consistently; Observe the methods and principles of the Charities SORP; Make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records that disclose the reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2016, the Charity Regulations 2013 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees for the purposes of charity law who served during the end and up to the date of this report are set out on page 2.

Approved by the trustees on and signed on their behalf by:

Paul Gadd

Chair of Trustees - 12[th] October 2021

Grange Park Centre Charity Report for the Trustees for the year ending 31[st] December 2020

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	Grange Park Centre	Grange Park Centre	Grange Park Centre	1157806
	Annualaccountsforthe period
	Period start date	01/01/2020	To	Period end date	31/12/2020

Section A	Statement of financial activities
Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 *Reconciliation of funds:* S21 S22 *Total* *Net movement in funds* Total funds brought forward *Total funds carried forward* *Total* Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use		Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
		749	31,695	-	32,444	636,120
		-	-	-	-	-
		15,205	437	-	15,642	7,470
		-	-		-	-
		30,025	-	-	30,025	-
		-	-	-	-	-
		45,979	32,132	-	78,111	643,590

		-	-	-	-	-
			44,246	-	44,246	9,148
		-	-	-	-	-
		-	2,127	-	2,127	1,873
		-	46,373	-	46,373	11,021

		45,979	14,241 -	-	31,738	632,569
		-	-	-	-	-
		45,979	14,241 -	-	31,738	632,569
		-	-	-	-	-
		-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		45,979	14,241 -	-	31,738	632,569

		7,760	782,200	-	789,960	157,391
		53,739	767,959	-	821,698	789,960

Section B Balance sheet

Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
-	-	-	-	-
-	723,917	-	723,917	717,694
-	-	-	-	-
-	-	-	-	-
-	723,917	-	723,917	717,694

-	-	-	-	-
1,180	1,858	-	3,038	534
-	-	-	-	-
52,559	45,902	-	98,461	74,574
53,739	47,760	-	101,499	75,108

-	3,718	-	3,718	2,842

53,739	44,042	-	97,781	72,266

53,739	767,959	-	821,698	789,960

-	-	-	-	-
-	-	-	-	-

53,739	767,959	-	821,698	789,960

-			-	-
	767,959		767,959	782,200
53,739		-	53,739	7,760
			-
53,739	767,959	-	821,698	789,960

Signature		Print Name		Date of approval dd/mm/yyyy
		AndrewGostelow		12/10/2021
		HarrietBurt		12/10/2021
		PaulGadd		12/10/2021

CC17a (Excel)

11/10/2021

Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

and with the Charities Act 2011.

1.2 Going concern

The accounts have been prepared on a going concern basis Not applicable Not applicable

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Support costs The charity has incurred expenditure on support costs. Volunteer help Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. These are included in the Statement of Financial Activities (SoFA) when: • the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and • the monetary value can be measured with sufficient reliability. Donated goods Contractual income and performance related grants Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other	Yes No	Yes No	N/a
	
	Yes No		N/a
	
	Yes No		N/a
	
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
	
	Yes No		N/a
	
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a
	
	Yes No		N/a
	
	Yes No		N/a
			
	Yes No		N/a
			
	Yes No		N/a


		
	Yes No N/a
	
	Yes No N/a
		
	Yes No N/a
	
	Yes No N/a
	
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
	
	Yes No N/a
	
	Yes No N/a
	
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a

net value
	
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a
		
	Yes No N/a

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments.
			
	Yes No N/a
	
	Yes No N/a
			
	Yes No N/a
			

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
Donations and gifts	749	-	-	749	15,420
Gift Aid	-	-	-	-	556
Legacies	-	-	-	-	-
General grants provided by government/other bodies	-	30,895	-	30,895	620,144
Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
Donatedgoods,facilities and services	-	-	-	-	-
Other	-	800	-	800
Total	749	31,695	-	32,444	636,120

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

	-	-	-	-	-
Room hire	15,205	-	-	15,205	7,155
Events	-	-	-	-	93
Subscriptions forgroups	-	437	-	437	222
Total	15,205	437	-	15,642	7,470

Interest income	-	-	-	-	-
Dividend income	-	-	-	-	-
Rental and leasing income	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Covid insurance claims	14,000	-	-	14,000	-
CBC Covid grants	16,025	-	-	16,025	-
	-	-	-	-	-
	-	-	-	-	-
Total	30,025	-	-	30,025	-

Conversion of endowment funds into income	-	-	-	-	-
Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
Gain on disposal of a programme related investment	-	-	-	-	-
Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

	45,979	32,132	-	78,111	643,590

CC17a (Excel)

12/10/2021

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Expenditure on raising funds:	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year
Incurred seeking donations	-	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-				-
Operating membership schemes and social lotteries	-	-	-	-				-
Staging fundraising events	-	-	-	-				-
Fudraising agents	-	-	-	-				-
Operating charity shops	-	-	-	-				-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-				-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-	-
Other trading activities	-	-	-	-				-
Investment management costs:	-	-	-	-				-
Portfolio management costs	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-	-	-

Expenditure on charitable activities:

Youth Project Baby group costs Event costs Advertising Minor equipment Computer equipment Light and heat Postage Telephone Cleaning Premises costs Repairs and renewals Insurance Licenses Gross wages Rates Stationery Specific equipment Depreciation of F&F (20% red bal)	- - - - - - - - - - - - - - - - - -	3,011	-	3,011	-	1,140	-	1,140
		647	-	647	-	38	-	38
		6	-	6	-	372	-	372
		714	-	714	-	23	-	23
		2,557	-	2,557	-	406	-	406
		2,066	-	2,066	-	-	-	-
		2,831	-	2,831		316	-	316
		33	-	33		231	-	231
		809	-	809		332	-	332
		1,649	-	1,649		257	-	257
		786	-	786		3,185	-	3,185
		989	-	989		64	-	64
		1,381	-	1,381		720	-	720
		139	-	139		125	-	125
		14,975	-	14,975		635	-	635
		308	-	308	-	109	-	109
		41	-	41	-	50	-	50
		6,001		6,001
		5,303	-	5,303		1,145	-	1,145
Total expenditure on charitable activities	-	44,246	-	44,246	-	9,148	-	9,148
Other
Legal and professional-building	-	1,080	-	1,080	-	1,130	-	1,130
Accountancy	-	863	-	863	-	720	-	720
Other legal	-	184	-	184	-	23	-	23
	-	-	-	-	-	-	-	-
TOTAL EXPENDITURE Total other expenditure	-	2,127	-	2,127	-	1,873	-	1,873
	-	46,373	-	46,373	-	11,021	-	11,021

CC17a (Excel)

12/10/2021

Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

*Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If nothing* *was paid please enter '0' in the appropriate box(es).*
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees	This year £	Last year £
	624	720
	-	-
	-	-
	239	-

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 11 Paid employees

11.1 Staff Costs

This year: Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme)	This year £	Last year £
	14,908	635
	-	-
	67
	-	-
	14,975	635

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets

14.1 Cost or valuation

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
-	694,249	-	24,590	718,839
-	4,104	-	7,422	11,526
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	698,353	-	32,012	730,365

			RB
	0%		20%

-	-	-	1,145	1,145
-	-	-	-	-
-	-	-	5,303	5,303
-	-	-	-	-
-	-	-	-	-
-	-	-	6,448	6,448

-	694,249	-	23,445	717,694
-	698,353	-	25,564	723,917

14.6 Other disclosures

The Land is owned by William Davis, but is on a 150 year lease that commenced 16th January 2019. There is a charge on the building held by The Big Lottery.

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	-	-
	1,858	452.0
	1,180	82.0
	3,038	534.0

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

20.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
919	-	-	-
-	-	-	-
963	1,635	-	-
- 28	-	-	-
1,864	1,207	-	-
3,718	2,842	-	-

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year £	Last year £
	-	-
	-	-
	98,461	74,574
	-	-
	98,461	74,574

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

*funds*
Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Construction Funds- various	R	Funding ofproperty build	-	-	-	-	-	-
Various donors	R	Equipping & delivery of the Community Centre andrunning costs	43,684	800	- 12,522	-	-	31,962
General Reserves	U	Day-to-dayrunning	7,760	45,979	-	-	-	53,739
National Lottery- Training	R	Training (AwardsFor All)	10,000	-	- 229	-	-	9,771
Green Hall Foundation	R	Changing table	2,000	-	- 2,000	-	-	-
Sobell Foundation	R	Running costs years1and2	6,390	10,000	- 15,253	-	-	1,137
YouthClub- various	R	Youthclub project	2,110	2,375	-3,011	-	-	1,474
Baby Group	R	Baby group	322	437	-647	-	-	112
PropertyReserve	R	Property cost	717,694	-	-	-	-	717,694
BigLottery-Staffcosts	R	Staffcosts	-	10,000	- 7,804	-	-	2,196
TarmacTLCF	R	Landscaping	-	556	-556	-	-	-
LeicesterCityFC	R	Laptops		3,500	-			3,500
HelenJeanCopeTrust	R	Changing table		3,500	-3,397			103
DNVGL Ltd	R	Defibrilator		964	-954			10
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			789,960	78,111	- 46,373	-	-	821,698

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.2 Details of material funds held and movements during the PREVIOUS reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Construction Funds-various	R	Funding of property build	102,746	573,145	-	-675,891	-	-
Various donors	R	Equipping & delivery of the Community Centre and running costs	-	49,917	-6,233	-	-	43,684
General Reserves	U	Day-to-day running	842	6,918	-	-	-	7,760
Property Reserve	R	Property cost	41,803	-	-	675,891	-	717,694
National Lottery-Training	R	Training (Awards For All)	10,000	-	-	-	-	10,000
Green Hall Foundation	R	Changing table	2,000	-	-	-	-	2,000
Sobell Foundation	R	Running costs year 1	-	10,000	-3,610	-	-	6,390
Youth Club-various	R	Youth club project	-	3,250	-1,140	-	-	2,110
Baby Group	R	Baby group	-	360	-38	-	-	322
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			157,391	643,590	- 11,021	-	-	789,960

CC17a (Excel)

11/10/2021

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an TRUE employment with their charity or a related entity (True or False) Last year TRUE None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

28.2 Trustees' expenses

No trustee expenses have been incurred (True or False)

TRUE

28.3 Transaction(s) with related parties

This year

There have been no related party transactions in the reporting period (True or False)

Last year

There have been no related party transactions in the reporting period (True or False)

TRUE TRUE

CC17a (Excel)

11/10/2021

Independent examiner’s report to the trustees of

Grange Park Centre (Charity no. 1157806)

I report to the trustees on my examination of the accounts of Grange Park Centre (the Charity) for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
the accounts do not accord with those records or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

L S Turner

L S Turner, FCCA

32 Quorn Close Loughborough Leics LE11 2AW

Dated: 12 October 2021