## Annual Report 2024 22 Knox Road. Loughborough, Leics LE11 2UP - https://arc hub.org/ - enquiries@arc hub.org.uk https://www.facebook.com/arcloughborough = = == ~~a~~ https://www.instagram.com/thearccommunityhub?utm_source qr&igsh MTljdGppamh5ODU3dQ 1 Registered Charity number 1157806 ## Introduction Wow, 2024 has been an amazing year! At the end of 2023, we estimated that 26,628 people had visited The Arc. Our data shows that this has increased to almost 32,000 with our community supporting a varied programme of activities and events. This, of course, helps us on our journey to becoming self-sustaining which is vitally important, especially in the current economic climate. The increase in provision of and participation in sporting activities is welcome but we are particularly pleased to see the use of The Arc for therapy, one of the original aims of the charity back in 2019. 2 Our social media presence continues to grow with an increase of over 400 Facebook followers, to 1872, and our new Instagram account is starting to gain momentum. There was a very positive reaction to our website, which was redesigned and relaunched in 2023. Over 3000 people visited our website, most by organic search, which show us that our profile is gradually being raised. More hirers are using the website to book parties, hire the room for classes and visit our What’s On pages. This is particularly important as The Arc is run by a very small team. In fact, all 4 members of staff are part time and the centre runs on less than 2 full time equivalents and our valuable team of volunteers. Aside from hiring, it is interesting to note that Little Stars generated a lot of ‘hits’ demonstrating the need for the provision, followed by our first beer festival, which was a great vehicle for bringing the community together through sessions for families and real ale enthusiasts alike. 3 The Arc Community Hub charity existsto help people to come together, sustaining a stronger community THE ARC COMMUNITY HUB gyppm It¥ itthe •nd skths i S•Thctu¥Y cakn lty ¥Jho se•k COHESION HELP GROW PEACE vu-p OUR MISSION We Jell- *• mel ￿th p•ftTr￿ (Y 4nd* ENERGISE ENTERTAIN ADVICE EVERYONE ilw w Vug Ir¥ lkne T* ## Cohesion ## - The Arc Groups **----- Start of picture text -----**
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Our portfolio of Arc Groups grew this year. Our Thursday afternoon Over 60s exercise group became so well attended that we decided to start a 2[nd] one which is proving equally popular. A massive thank you to members of the Co-op, who chose us as their cause, raising funds for us each time they shopped to help cover the cost of our amazing instructor. Completely new to us is Warhammer. Described as the ultimate hobby for collecting, building and painting armies and engaging in strategic tabletop battles, we provide a safe space for those wanting to take their hobby a little further and play against others in the community. Our established groups, Little Stars and Table Tennis continue to be well attended and much appreciated by attendees of all ages. Tuesday Treks is much more than just a walk, with attendees valuing the opportunity to socialise and enjoy a bacon butty or cheese and tomato toastie at our pop up café after their walk. 5 ## Energise, Grow, Peace 2024 also saw our first Wellbeing Week. A week of activities, offered completely free of charge, to help boost the mental and physical health of attendees. Most classes were fully booked within a week or so of going live and we are very grateful to Miller Homes who gave us a grant which helped make this happen. Feedback was extremely positive and as a result, we are putting on more soundbaths, an extra yoga class and Tai Chi in 2025. Talking to participants, we also realised there was a demand for more craft-based activities and will be adding that to our focus for 2025. Our long term hirers offering taekwondo and Pilates have expanded to meet demand We are delighted to be able to assist the NHS by offering our space for their pulmonary and respiratory rehabilitation clinic. We believe it is so important to be able to offer health care in the community and this sits alongside Vita Health Care, who offer the NHS Talking Therapy programme from the centre 3 days a week. The Arc continues to host regular bookings for people of different faiths with weekly services from STB Church, Muslim study sessions with AMAS, a youth group with The Well Church and a monthly Iranian community group. We are proud to be a safe space for all members of our community. 6 ## Entertain, Everyone It’s fair to say that the community now expect certain events from The Arc during the year. We try not to disappoint and replicated our favourites of the previous year. Our fundraising fashion show was first on the calendar, closely – followed by a family Easter fun day. Our community day in August saw a visit from the Fire Brigade very popular with younger children - BBuddies and the local PCSO and beat officers came to talk about cycle safety. We hosted our inaugral beer festival (an initiative developed from the really popular monthly pop up pub, run by Zander Events) which went down very well! The last weekend of October was very busy with both our Christmas Gift and Craft fair (shop early for Christmas!) and our Halloween Party. The Christmas party saw around 200 through the door and santas grotto sold out in 2 days! We will endaevour to continue to bring people together to celebrate, socialise and have fun, key elements of our mission as a charity. 7 ## Our People Our chair of Trustees, Operations Manager and one of our key volunteers were all recognised as Charnwood Community Heroes this year. The fact remains that we could not run The Arc without the support of our volunteers, whether they be our trustees, responsible for the strategic direction of the charity, our Tuesday kitchen team (Ang and Thomasina) our Little Stars volunteers (Jo, Helen, Emma, Zoe, Jazvinder, Stella, Pauline, Gemma, Brogan and Nellie) our keyholders (Nicholas, Liz, Jason and Meetal) our des igner of the What’s On Guide (Kat) and those who help fix things, paint things or help at events (Bill, Kitty, Sue, Sandy, David and Helen). They are all heroes! 8 ## Funders As a registered charity, we do not receive regular sources of income from external bodies so rely heavily on income from hirers. Whether this be a party or a regular weekly class, this income stream meets the majority of our costs. In a year that has seen massive increases in utilities, our increase in hirers has been crucial on our journey to becoming self-sustaining. We are extremely grateful to organisations who have appreciated the need for the services we provide and responded favourably to grant applications. Our biggest donor is the Garfield Weston Foundation who awarded us a two year grant to help with running costs. This just about covered our gas and electricity costs in 2024 and we look forward to the cushion that this grant will give us in 2025. Other grants have been for specific projects and we are very thankful to the Co-op and Active Charnwood for awarding us grants to cover the cost of an instructor for our Over 60s exercise group, especially as demand was so high, we started a 2[nd] group. The East Midlands Community Fund kindly agreed to cover the costs of some large scale games for community events and The Helen Jean Cope Foundation have provided funding for the Little Stars group which spanned the autumn of 2024 into summer 2025. Miller Homes, as previously mentioned awarded us funding which was used for our wellbeing week and its legacy and finally Charnwood Borough Council have contributed towards the employment costs of a part time caretaker who joins us in February 2025. We must also give a shout out to Tesco, Shelthorpe. Their community champion, Caroline, is a great supporter of The Arc and we have been grateful recipients of prizes, tea and coffee throughout the year. We continue to benefit from the clothing bank in our carpark, receiving payment per ton of your unwanted clothing, bags and shoes and receive a small percentage from shopping done via Easyfundraising, a free platform which we would love you to consider joining to help us in 2025. 9 ## Going Forward 2024 was an amazing year for us. We had an unprecented increase in hirers and raised our online profile massively. 2025 will be about consolidating that and building on our successes. We believe we have a greater understanding of your priorities and will continue to work to deliver them in a sustainable manner. Our provision of exercise for the over 60s will continue and will be complimented by Tai Chi, aimed at all ages and abilites. The desire for craft activities will be met initially by a new crochet social group (including cake!) and we will consider how else to meet your requests for more arts based activities. Provision of therapy and health care in the community is close to our hearts and the NHS pulmonary and respiratory clinics are a long term commitment covering the next 3 years. We expect Vita Health Care’s team of mental health experts, working in partnership with the NHS, to continue to offer face to face talking therapy from the centre during 2025, and hopefully beyond. It was disappointing to see the fall in demand for a youth group in 2024 and the provision, which was delivered for us by Go Getta, ceased in the autumn. We will review ways of meeting need for youth activites in 2025 but hope our Warhammer group will attract some of the young people in the community. We have received some great feedback about our events and activities and will act on points raised where possible. – You said that you missed the Easter trail in 2024 don’t worry, it will be back in 2025! Our last major survey was in 2023 and we intend to repeat that in 2025 to ensure that we are responsive to changing need. We are here for all residents of the Grange Park, Shelthorpe, Fairmeadows and Woodthorpe estates and look forward to welcoming you soon. 10 ## The Legal Bit ## **Reference and Administrative Information** ## **Legal Status** The Arc Community Hub Charitable Incorporated Organisation (CIO) 22 Knox Rd Loughborough LE11 2UP ## **Governing Document** Charitable Constitution - T: 01509 212026 ## **Charity Number** E: enquiries@arc-hub.org.uk 1157806 ## **Trustees** ## **Accountant** Mike Ellerby (to June 2024) Gina Piscopo (to Sept 2024) David Sangwine Anne Grey Anatu Mahana Amit Patel (from Feb 2024) Helen Clarke (from March 2024) Michael Welbourne, Coalraven Ltd ## **Independent Examiner** Colin Wood ## **Bank** Lloyds Bank plc ## **Staff Team** ## **Operations Manager** Sue ## **Bookkeeper** Ian ## **Social Media/Events Coordinator** Camille ## **Cleaning** Lucy 11 The Arc Community Hub CCohamritpay Nnyo No 1157806 Annual accounts for the period 1st January 2024 to 31st December 2024 ## **Section A Statement of financial activities (including summary income and expenditure account)** |S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Guidance Notes
Charitable activities
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Donations and legacies
Other trading activities
Raising funds
Separate material item of income
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Other
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
Other
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Investments|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| ||13,014|5,766|-|18,780|13,203| ||-|-|-|-|-| ||88,705|-|-|88,705|54,645| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||101,719|5,766|-|107,485|67,849| ||||||| ||-|-|-|-|-| ||78,887|9,694|-|88,580|81,214| ||||||| ||3,593|-|-|3,593|9,777| ||82,479|9,694|-|92,173|90,991| ||||||| ||19,240|(3,928)|-|15,312|(23,143)| ||-|-|-|-|-| ||19,240|(3,928)|-|15,312|(23,143)| ||-|-|-|-|-| ||19,240|(3,928)|-|15,312|(23,143)| ||-|-|-|-|| ||2,576|(2,576)|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||21,816|(6,504)|-|15,312|(23,143)| ||||||| ||65,148|726,693|-|791,840|814,983| ||**86,964**|**720,189**|**-**|**807,152**|**791,840**| Section B Balance Sheet Restricted income funds Unrestricted funds Endowment Total this funds year Total last year Fixed assets Intangible assets (Note 15) Tangible assets (Note 14) Heritage assets (Note 16) Investments (Note 17) Total fixed assets F01 F02 F03 F04 F05 B01 B02 15,165 705,289 720,454 724,228 B03 B04 BOS 705 289 720 454 724,228 Current assets stocks {Note 18) Debtors (Note 19) Investments {Note 17.4) Cash at bank and in hand (Note 24) Total current assets B07 6,220 6,220 5,813 B08 86,757 92,977 14,900 14,900 101,656 107,876 74,790 80,604 B10 Creditors: amounts falling due within one year (Note 20) 21,178 12,991 21,178 B11 Net current assets/(liabilities) 812 71,798 14.900 86,698 67,612 rotal assets less current liabilities B13 86.964 720,189 807,152 791,840 Creditors: amounts falling due after one year (Note 20) Provisions for liabilities B14 B15 Total net assets or liabilities 816 86.964 720,189 807,152 791,840 Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27 Unrestricted funds Revaluation reserve Fair value reserve B17 B18 720,189 720.189 86,964 726.693 65,148 B19 86,964 B20 B21 Total funds B22 720 189 807,152 791,840 Date of approval ddlmm Signed by one or trusteesldirectors on behalf of all the trusteesldirectors Signature Print Name David Sangwine 2¥Jy-L CC17a (EX￿1) ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **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 • and with*  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. The charity constitutes a public benefit entity as defined by FRS 102.* ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that _**There are no reasons to have concerns about the charity as a**_ support the conclusion that the charity is a _**going concern, net assets are positive.**_ going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; _**Not applicable**_ Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees _**Not applicable**_ 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 no changes have been made to the accounting policies adopted in note 2. Yes*  No* ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). Yes*  No* **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes*  No* CC17a (Excel) 07/04/2025 3 |**Section C**
**Recognition of income**
**2.2 INCOME**
**Donated goods**
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).
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Donated services and**
**facilities**
**Contractual income and**
**performance related**
**grants**
Gifts in kind for use by the charity are included in the SOFA as income from donations
when receivable.
**Support costs**
Membership subscriptions received in the nature of a gift are recognised in Donations
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.
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
**Tax reclaims on**
**donations and gifts**
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.
**Income from membership**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
This is only included in the SOFA once the charity has provided the related goods or
services or met the performance related conditions.
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 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.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
**Offsetting**
**Grants and donations**
**Note 2 Accounting policies**
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.
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.
**Notes to the accounts**
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.
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;
 the monetary value can be measured with sufficient reliability.
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 included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
CC17 FRS 102 SORP
4|**(cont)**
Yes*
No*
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07/04/2025| |---|---| |**Grants with performance**
**conditions**
**2.4 ASSETS**
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Investments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Investment gains and**
**losses**
**Settlement of insurance**
**claims**
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
and Legacies.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**2.3 EXPENDITURE AND LIABILITIES**
**subscriptions**
**Heritage assets**
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
**Stocks and work in**
**progress**
They are valued at cost.
**Intangible fixed assets**
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
Insurance claims are only included in the SOFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
net realisable value.|||| |---|---|---|---| ||Yes*
No*
N/a*||| ||||| ||Yes*
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No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| CC17 FRS 102 SORP 07/04/2025 5 |The charity 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 of loss than one year held for investment purposes
rather than to meet short-term cash commitments as they fall due.
Goods or services provided as part of a charitable activity are measured at net realisable
value based on the service potential provided by items of stock.
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.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
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*| |---|---|---|---| ||||| ||Yes*
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N/a*||| ||||| Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the **Debtors** charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and **Current asset investments** cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. ## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** CC17 FRS 102 SORP 07/04/2025 6 **Section C** **(cont)** **Notes to the accounts** ## **Note 3 Income** |Donations and gifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, facilities and services
Contributions from funds
**Total**
Other
**Total**
Room hire
Subscriptions for groups / Classes
Café and Events
Other
**Total**
Interest income
Dividend income
Rental and leasing income
Other
**Total**
Covid Insurabce Claims
CBC Covid Grants
Furlough
**Total**
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
property rights
Other
**Total**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Other:**
**Income from**
**investments:**
**Other trading**
**activities:**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**|**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Donations and gifts|2,996|-|-|2,996|609| ||
Gift Aid|-|-|-|-|-| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|10,018|5,766|-|15,784|10,050| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|-| ||Donated goods, facilities and services|-|-|-|-|-| ||
Contributions from funds|-|-|-|-|2,544| ||**Total**|13,014|5,766|-|18,780|13,203| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||-|-|-|-|-| ||Room hire|78,652|-|-|78,652|47,217| ||Subscriptions for groups / Classes|5,670|-|-|5,670|4,136| ||
Café and Events|4,137|||4,137|2,892| ||Other|247|-|-|247|400| ||**Total**|88,705|-|-|88,705|54,645| |||||||| ||Interest income|-|-|-|-|-| ||Dividend income|-|-|-|-|-| ||Rental and leasing income|-|-|-|-|-| ||
Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Covid Insurabce Claims|-|-|-|-|-| ||CBC Covid Grants|-|-|-|-|-| ||Furlough|-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||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
property rights|-|-|-|-|-| ||
Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||**101,719**|**5,766**|**-**|**107,485**|**67,849**| CC17a (Excel) 07/04/2025 7 **Notes to the accounts (cont)** **Section C** ## **Note 6 Expenditure** |**Note 6 Expenditure**||||||||| |---|---|---|---|---|---|---|---|---| |**Analysis**
**Expenditure on charitable activities:**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**This year**
**Last year**|||||||| |Grant Funded Expenditutre|-|-|-|-|-|-|-|-| |Classes/Activities Expenses|1,506|2,480|-|3,986|2,230|5,578|-|7,808| |Event Costs|2,155||-|2,155|794|-|-|794| |Cafe Expenses|1,450||-|1,450|710|175|-|885| |Advertising& Marketing|370||-|370|413|-|-|413| |Cleaning|2,243||-|2,243|2,166|-|-|2,166| |Premises expenses|367|1,126|-|1,493|949|350|-|1,299| |Depreciation Expense|-|5,490|-|5,490|-|5,773|-|5,773| |Bank Charges|96||-|96|81|-|-|81| |General Expenses|(1)||-|(1)|265|461|-|726| |Insurance|1,699||-|1,699|1,678|-|-|1,678| |Licences|875||-|875|994|-|-|994| |Electricity|4,354||-|4,354|3,784|-|-|3,784| |Gas|3,249||-|3,249|1,772|-|-|1,772| |IT and Computer Expenses|2,108||-|2,108|1,025|4,598|-|5,623| |Office Expenses|791|27|-|817|286|28|-|314| |Water Rates|1,215||-|1,215|612|-|-|612| |Repairs & Maintenance|4,336|111|-|4,447|3,399|2,195|-|5,594| |Health and Safety|57||-|57|68|-|-|68| |Gross Wages|49,769||-|49,769|38,920|-|-|38,920| |Landscaping|580||-|580|460|20|-|480| |Pension|813||-|813|674|-|-|674| |DBS Checks|61||-|61|90|18|-|108| |Telephone & Internet|793||-|793|648|-|-|648| |Staff Training|-|460||460||||| |||||||||| |**Total expenditure on charitable activities**|78,887|9,694|-|88,580|62,017|19,197|-|81,214| |**Separate material item of expense**||||||||| |Funds used inpreviousyears|-|-|-|-|-|-|-|-| |Transferred to unrestricted|-|-|-|-|-|-|-|-| ||-|-|-|-|-|-|-|-| |**Total**|-|-|-|-|-|-|-|-| |**Other**||||||||| |Accountancy|3,593|-|-|3,593|7,233|-|-|7,233| |Other Legal|-|-|-|-|-|-|-|-| |Funds usedinprevious years|-||-|-|-||-|-| |Contribution for room hire|-|-|-|-|-|2,544|-|2,544| |Reclassified as unrestricted|-||-|-|-||-|-| |**Total other expenditure**
**TOTAL EXPENDITURE**|3,593|-|-|3,593|7,233|2,544|-|9,777| ||**82,479**|**9,694**|**-**|**92,173**|**69,251**|**21,741**|**-**|**90,991**| CC17a (Excel) 07/04/2025 8 **Section C Notes to the accounts** **(cont)** ## **Note 10 Details of certain types of expenditure** ## **Note 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).**_ |**Note 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)._**||| |---|---|---| |**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**£**|**Last year**
**£**| ||218|145| ||-|-| ||-|-| ||-
|-| CC17a (Excel) 07/04/2025 9 **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_ ## **11.1 Staff Costs** |**11.1 Staff Costs**||| |---|---|---| |**This year:**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**
**Salaries and wages**|**This year**
**£**|**Last year**
**£**| ||49,769|
38,920| ||-|-| ||813|
674| ||-|-| ||**50,582**|
**39,594**| |||| ||**-**|**-**| CC17a (Excel) 07/04/2025 10 ## **Section C Notes to the accounts (cont)** ## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **14.1 Cost or valuation** |**Freehold land &**
**buildings**
**Other land &**
**buildings**
**Plant, machinery and**
**motor vehicles**
**Fixtures, fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
Brought Forward
-
698,353
-
48,622
746,975
Additions
-
-
1,716
1,716
Revaluations
-
-
-
-
-
Disposals
-
-
-
-
-
Transfers
-
-
-
-
-
Carried Forward
-
698,353
-
50,338
748,691
**14.2 Depreciation and impairments**
****Basis**
N/A
No depreciation
Reducing balance
Reducing balance
**** Rate**
-
-
20%
20%
Brought Forward
-
-
-
22,747
22,747
Disposals
-
-
-
-
-
Depreciation
-
-
-
5,490
5,490
Impairment
-
-
-
-
-
Transfers
-
-
-
-
-
Carried Forward
-
-
-
28,237
28,237
**14.3 Net book value**
Net book value at the
beginning of the year
-
698,353
-
25,875
724,228
Net book value at the
end of the year
**-**
**698,353**
**-**
**22,102**
**720,454**|**Freehold land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant, machinery and**
**motor vehicles**
**£**|**Fixtures, fittings and**
**equipment**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||-|698,353|-|48,622|746,975| ||-||-|1,716|1,716| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|698,353|-|50,338|748,691| ||-|-|-|22,747|22,747| ||-|-|-|-|-| ||-|-|-|5,490|5,490| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|28,237|28,237| ||||||| ||-|698,353|-|25,875|724,228| ||**-**|**698,353**|**-**|**22,102**|**720,454**| ## **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) 07/04/2025 11 **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ ## **19.1 Analysis of debtors** |**19.1 Analysis of debtors**||| |---|---|---| |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| ||3,797|3,661| ||2,423|2,152| ||-|-| ||6,220|5,813| ## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ CC17a (Excel) 07/04/2025 12 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**cts**
**Total**|**Amounts falling due**
**within one year**|**Amounts falling due**
**within one year**|**Amounts falling due after**
**more than one year**|**Amounts falling due after**
**more than one year**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||521|1,726|-|-| ||-|-|-|-| ||9,024|6,382|-|-| ||1,601|1,434|-|-| ||10,032|3,449|-|-| ||21,178|12,991|-|-| **Accruals for grants payable Bank loans and overdrafts** **Trade creditors** **Payments received on account for contracts or performance-related grants** **Accruals and deferred income Taxation and social security** **Other creditors** CC17a (Excel) 07/04/2025 13 ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Note 24 Cash at bank and in hand**||| |---|---|---| |**Other**
**Short term deposits**
**Cash at bank and in hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||101,656|74,790| ||-|-| ||101,656|74,790| CC17a (Excel) 07/04/2025 14 **(cont)** **Notes to the accounts** ## **Section C** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ ## _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_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**
**£**| |VS Foundation|R|Laptops and computer equipment|2,441|||||2,441| |William Davis|R|Propertycosts|3,472||(1,264)|(1,716)||492| |National Lottery|R|Training|9,700||(460)|||9,240| |Youth Club|R|Youth Clubproject|491|1,200||(1,691)||-| |Cook & Eat|R|Cook & Eatproject|885|||(885)||-| |Over 60s Exercise|R|Over 60s exercise classes|640|4,566|(2,480)|||2,726| |PropertyReserve|R|Propertycosts|709,063||(5,490)|1,716||705,289| |Unrestricted|U|Day-to-dayrunning|65,148|101,719|(82,479)|2,576||86,964| |**Total Funds as per balance sheet**|||791,840|107,485|(92,173)|0|-|807,152| CC17a (Excel) 07/04/2025 15 **(cont)** **Notes to the accounts** ## **Section C** ## **Note 27 Charity funds** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable 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**
**£**| |Sponsor a Brick|R|Propertyand centre costs|1,758||(1,758)|||-| |VS Foundation|R|Laptops and computer equipment|3,181||(740)|||2,441| |William Davis|R|Propertycosts|9,135||(5,329)|(334)||3,472| |National Lottery|R|Training|9,718||(18)|||9,700| |Youth Club|R|Youth Clubproject|2,019|3,450|(4,978)|||491| |Cook & Eat|R|Cook & Eatproject|885|||||885| |Over 60s Exercise|R|Over 60s exercise classes|-|2,000|(1,360)|||640| |Access Foundation|R|Newprojector|-|4,934||(4,934)||-| |PropertyReserve|R|Propertycosts|709,568||(5,773)|5,269||709,063| |Unrestricted|U|Day-to-dayrunning|78,718|57,464|(71,035)|||65,148| |**Total Funds as per balance sheet**|||814,983|67,849|(90,991)|-|-|791,840| CC17a (Excel) 07/04/2025 16 **Section C Notes to the accounts** **(cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits** ## **This year** **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)** **TRUE** ## **Last year** **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)** **TRUE** ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **No trustee expenses have been incurred (True or False) TRUE** ## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ ## **This year** |**This year**
**_'true' in the box provided._**|| |---|---| |**Last year**
**There have been no related party transactions in the reporting period (True or False)**
**There have been no related party transactions in the reporting period (True or False)**|**TRUE**| ||| ||**TRUE**| CC17a (Excel) 07/04/2025 17 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** The Arc, Grange Park Centre, Loughborough Leics **On accounts for the year** 31[st] December 2024 **Charity no ended (if any) Set out on pages** (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2024 Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”) . I report in respect of my examination of the Trust’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 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. _._ **Date:** 3[rd] April 2025 **Signed:** ~~—~~ **Name:** Colin Wood **Relevant professional** Member of the Association of Accounting Technicians **qualification(s) or body (if any): Address:** 16 Wordsworth Rd Loughborough Leicestershire LE11 4LQ 1 **Oct 2018** **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER**