Charity registration number: 1158193
## Trawden Forest Community Centre
Annual Report and Financial Statements for the Year Ended 30 September 2023
KM Chartered Accountants 1st Floor, Block C The Wharf Manchester Rd Burnley BB11 1JG
## **Trawden Forest Community Centre**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 16|
## **Trawden Forest Community Centre**
## **Reference and Administrative Details**
**Trustees as at the date of signing** Chris Whitaker-Webb Maureen Askew Dave Webber Sara Jane Swann Elizabeth Kay Berridge Malcolm Gregory Pate Peter John Carroll Kevin McNulty Ann Boocock Helen Margaret Hodkinson Robert David Boocock Joanne Cunliffe Andy Froud **Charity Registration Number** 1158193 **Principal Office** Church Street Trawden BB8 8RU **Independent Examiner** KM Chartered Accountants 1st Floor, Block C The Wharf Manchester Rd Burnley BB11 1JG
Page 1
## **Trawden Forest Community Centre**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2023.
## **Objectives**
## **Overview**
Trawden Forest Community Centre is a volunteer managed building located in the centre of Trawden, a small village in East Lancashire.
The objects of the charity are:
to further or benefit the residents of Trawden Forest and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other options by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents, and
to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such centre for activities promoted by the charity in furtherance of the above objects.
## **Public benefit**
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.
## **Achievements and performance**
2022/23 was a successful year for the charity, building on a successful emergence from the pandemic in 2021/22.
The shop continues to be our main source of income with a substantial donation to the charity following their year end in 2022/23.
Community Centre bookings were buoyant for both bar and non-bar events, such as weddings, christenings and other private functions, along with regular children’s parties, training sessions and meetings. Alongside one-off bookings, our regular hirers such as yoga, Pilates, dance fitness, ceramics, Cubs, Brownies and Guides enhanced the rich programme of activities at the Centre.
Our own regular groups, such as Tai Chi, parent & toddler group, craft group, Friendship Group and carpet bowls, plus regular informal chat groups in the library, also contributed to this varied programme.
Volunteers also organised a variety of community and fundraising activities, including an ‘Old Trawden’ slideshow, whisky night, wine tasting, festive fair, spring fair, car boot sale and New Year’s Eve party. The Volunteer Co-ordinator organised a volunteer celebration in April, and a Big Help Out event in May which showcased the range of volunteering opportunities in Trawden.
We received a grant from the National Lottery Community Fund, which will cover the salary costs of our two part-time posts over the three years. The Volunteer Coordinator and the Community Support Worker positions are vital to continuing to develop the work of the charity. We were also successful in gaining funding from the Lancashire Environment Fund to install a portacabin to provide much-needed additional meeting space.
Page 2
## **Trawden Forest Community Centre**
## **Trustees' Report (continued)**
## **Financial review**
At the end of September 2023 the reserves of the charity were as follows:
General reserve £56,775 (plus donation from subsidiary not included of £30,000) Fixed asset reserve (ie:the amount invested by the charity in fixed assets) £177,773 Revaluation reserve £71,999
Restricted fund balances: Small grants received in prior years and fully utilised in 2023/24 £5,220 National Lottery £20,792 Lancashire Environmental Fund - amounts incurred by the year end £18,781
The trustees are pleased with the financial performance in the year.
## **Policy on reserves**
The trustees review the level of reserves on a regular basis to ensure appropriate amounts are maintained to finance the day to day operations of the charity.
## **Subsidiary company**
The charity owns 100% of Trawden Forest Community Shop Limited, company limited by guarantee.
For the year ended 30th September 2023 the net assets are £44,503 with a gift aid donation of £30,000 made since the year end.
Turnover for the year was £355,160 compared with £297,399 the previous year.
Profits before tax were £37,789 compared with £8,501 the previous year.
The charity received £10,000 donation in the year, based on the 2022 profits, plus service charges for use of the charity's assets.
At the year end £11,500 was due from the company to the charity. Interest is charged on the loan.
S J Swann, trustee of the charity, is also a director of the company. Separate governance is exercised from the charity.
## **Structure, governance and management**
## **Nature of governing document**
The charity is a Charitable Incorporated Organisation (Association) governed by its constitution dated 8th August 2014 as amended in 2017 and 2022.
## **Recruitment and appointment of trustees**
Trustees are elected at the Annual General Meeting.
Trustees of the charity as at the date of approval of these accounts are on page 1.
Changes in the year are: Resigned: Rebecca Catterall - 26th February 2024 Appointed: Andy Froud and Joanne Cunliffe - 1st February 2024
Page 3
## **Trawden Forest Community Centre**
## **Trustees' Report (continued)**
## **Organisational structure**
Trustees meet throughout the yer and set the charity's policies and direction. Informal sub groups meet.
## **Major risks and management of those risks**
The trustees have a duty to identify and review risks to which the charity may be exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risks to which the charity is exposed have been identified and are regularly monitored.
Page 4
## **Trawden Forest Community Centre**
## **Trustees' Report (continued)**
The annual report was approved by the trustees of the charity on 22 July 2024 and signed on its behalf by:
......................................... Chris Whitaker-Webb Trustee
Page 5
## **Trawden Forest Community Centre**
## **Independent Examiner's Report to the trustees of Trawden Forest Community Centre**
I report to the trustees on my examination of the accounts of Trawden Forest Community Centre for the year ended 30 September 2023.
## **Responsibilities and basis of report**
As the charity trustees of Trawden Forest Community Centre 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 Trawden Forest Community Centre'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:
1. accounting records were not kept in respect of Trawden Forest Community Centre as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
...................................... Mark Heaton FCCA FCIE DChA
KM Chartered Accountants 1st Floor, Block C The Wharf Manchester Rd Burnley BB11 1JG
22 July 2024
Page 6
## **Trawden Forest Community Centre**
## **Statement of Financial Activities for the Year Ended 30 September 2023**
|**Note**
**Income from:**
Donations
2
Charitable activities
3
Other trading activities
4
Investment income
5
Other income
6
Total income
**Expenditure on:**
Raising funds
7
Charitable activities
8
Total expenditure
Net (expenditure)/income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**funds**
**£**
25,552
26,140
15,199
1,095
18,422
86,408
(5,225)
(82,891)
(88,116)
(1,708)
(1,708)
308,234
306,526|**Restricted**
**funds**
**£**
-
57,127
-
-
-
57,127
-
(37,163)
(37,163)
19,964
19,964
24,829
44,793|**Total**
**2023**
**£**
25,552
83,267
15,199
1,095
18,422
143,535
(5,225)
(120,054)
(125,279)
18,256
18,256
333,063
351,319|**Unrestricted**
**funds**
**£**
31,100
18,768
19,370
729
18,902
88,869
(8,409)
(87,809)
(96,218)
(7,349)
(7,349)
315,583
308,234|**Restricted**
**funds**
**£**
-
25,081
-
-
-
25,081
-
(5,352)
(5,352)
19,729
19,729
5,100
24,829|**Total**
**2022**
**£**
31,100
43,849
19,370
729
18,902|
|---|---|---|---|---|---|---|
|||||||113,950|
|||||||(8,409)
(93,161)|
|||||||(101,570)|
|||||||12,380|
|||||||12,380
320,683|
|||||||333,063|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 19.
The notes on pages 9 to 16 form an integral part of these financial statements. Page 7
## **Trawden Forest Community Centre**
## **(Registration number: 1158193) Balance Sheet as at 30 September 2023**
|**Note**
**Fixed assets**
Tangible assets
14
**Current assets**
Stocks
15
Debtors
16
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
17
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19|**2023**
**£**
268,553
2,229
38,484
51,233
91,946
(9,180)
82,766
351,319
44,793
306,526
351,319|**2022**
**£**
260,693
1,057
20,231
59,550|
|---|---|---|
|||80,838
(8,468)|
|||72,370|
|||333,063|
|||24,829
308,234|
|||333,063|
The financial statements on pages 7 to 16 were approved by the trustees, and authorised for issue on 22 July 2024 and signed on their behalf by:
......................................... Chris Whitaker-Webb Trustee
The notes on pages 9 to 16 form an integral part of these financial statements. Page 8
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Trawden Forest Community Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) 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.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
## **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.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including independent examination, strategic management and trustees meetings and reimbursed expenses.
Page 9
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
## **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.
## **Tangible fixed assets**
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
## **Stock**
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks.
## **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.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **2 Income from donations**
|Donations and gifts inc Friendship Group
Donation from subsidiary received in year|**Unrestricted**
**funds**
**General**
**£**
15,552
10,000
25,552|**Total**
**2023**
**£**
15,552
10,000
25,552|**Total**
**2022**
**£**
11,100
20,000|
|---|---|---|---|
||||31,100|
Page 10
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
## **3 Income from charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Grants received
1,000
Centre bookings and events
25,140
26,140
**4**
**Income from other trading activities**
Trading income;
Bar sales
**5**
**Investment income**
Interest receivable
Bank interest
Interest on subsidiary loan
**6**
**Other income**
Service charges: subsidiary undertaking|**Restricted**
**funds**
**£**
57,127
-
57,127
**Unrestricted**
**funds**
**General**
**£**
15,199
15,199
**Unrestricted**
**funds**
**General**
**£**
253
842
1,095
**Unrestricted**
**funds**
**General**
**£**
18,422|**Total**
**2023**
**£**
58,127
25,140
83,267
**Total**
**funds**
**£**
15,199
15,199
**Total**
**2023**
**£**
253
842
1,095
**Total**
**2023**
**£**
18,422|**Total**
**2022**
**£**
25,081
18,768|
|---|---|---|---|
||||43,849|
||||**Total**
**2022**
**£**
19,370|
||||19,370|
||||**Total**
**2022**
**£**
-
729|
||||729|
||||**Total**
**2022**
**£**
18,902|
Page 11
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
## **7 Expenditure on raising funds**
## **a) Costs of trading activities**
|Bar purchases
**8**
**Expenditure on charitable activities**
**Unrestricted**
**funds**
**General**
**£**
Centre running costs
66,555
Depreciation
14,536
Staff costs
-
Governance costs
1,800
82,891|**Unrestricted**
**funds**
**General**
**£**
5,225
5,225
**Restricted**
**funds**
**£**
1,764
-
35,399
-
37,163|**Total**
**2023**
**£**
5,225
5,225
**Total**
**2023**
**£**
68,319
14,536
35,399
1,800
120,054|**Total**
**2022**
**£**
8,409|
|---|---|---|---|
||||8,409|
||||**Total**
**2022**
**£**
64,194
16,338
10,729
1,900|
||||93,161|
## **9 Analysis of governance and support costs**
## **Governance costs**
|Independent examiner fees
Examination of the financial statements
Other fees paid to examiners|**Unrestricted**
**funds**
**General**
**£**
600
1,200
1,800|**Total**
**2023**
**£**
600
1,200
1,800|**Total**
**2022**
**£**
600
1,300|
|---|---|---|---|
||||1,900|
## **10 Trustees remuneration and expenses**
Page 12
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
During the year the charity made the following transactions with trustees:
## **Helen Margaret Hodkinson**
Helen Margaret Hodkinson received remuneration of £14,940 (2022: £Nil) during the year.
Salary paid as above is authorised by the constitution of the charity.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **11 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2023**
**£**
30,886
3,202
1,311
35,399|**2022**
**£**
10,729
-
-|
|---|---|---|
|||10,729|
No employee received emoluments of more than £60,000 during the year
## **12 Independent examiner's remuneration**
|Independent examiner's fee
Other fees paid to examiners|**2023**
**£**
600
1,200
1,800|**2022**
**£**
600
1,300|
|---|---|---|
|||1,900|
## **13 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 13
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
## **14 Tangible fixed assets**
|**Cost**
At 1 October 2022
Additions
At 30 September 2023
**Depreciation**
At 1 October 2022
Charge for the year
At 30 September 2023
**Net book value**
At 30 September 2023
At 30 September 2022
**15 Stock**
Stocks
**16 Debtors**
Trade debtors
Due from group undertakings
Prepayments
VAT recoverable
Other debtors
**17 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors
Accruals|**Land and**
**buildings**
**£**
216,336
18,781||**Furniture and**
**equipment**
**£**
134,400
3,615
138,015
66,335
10,209
76,544
61,471
68,065
**2023**
**£**
2,229
**2023**
**£**
4,123
11,500
185
3,894
18,782
38,484
**2023**
**£**
4,562
159
48
4,411
9,180|**Furniture and**
**equipment**
**£**
134,400
3,615
138,015
66,335
10,209
76,544
61,471
68,065
**2023**
**£**
2,229
**2023**
**£**
4,123
11,500
185
3,894
18,782
38,484
**2023**
**£**
4,562
159
48
4,411
9,180|**Total**
**£**
350,736
22,396
373,132
90,043
14,536
104,579
268,553
260,693
**2022**
**£**
1,057|
|---|---|---|---|---|---|
||235,117||138,015|||
||23,708
4,327||66,335
10,209|||
||28,035||76,544|||
||207,082||61,471|||
||192,628||68,065|||
||||**2023**
**£**
2,229
**2023**
**£**
4,123
11,500
185
3,894
18,782
38,484
**2023**
**£**
4,562
159
48
4,411
9,180|||
||||||**2022**
**£**
617
17,500
569
-
1,545|
||||||20,231|
||||||**2022**
**£**
3,350
208
-
4,910|
||||||8,468|
Page 14
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
## **18 Contingent assets**
The charity acquired the building from Pendle Borough Council for the legal consideration of £1. In the event of a disposal by the charity of these premises there is an obligation to psy back half the proceeds to Pendle Borough Council..
## **19 Funds**
|**Unrestricted funds**
**_General_**
General Funds
**_Designated_**
Revaluation reserve
Fixed assets reserve
**Total unrestricted funds**
**Restricted funds**
Various restricted funds
National Lottery
Lancashire Environmental
Fund
**Total funds**
**Unrestricted funds**
**_General_**
General Funds
**_Designated_**
Revaluation reserve
**Total unrestricted funds**|**Balance at 1**
**October**
**2022**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Transfers**
**£**
**Balance at**
**30**
**September**
**2023**
**£**
236,235
86,408
(88,116)
(177,773)
56,754
71,999
-
-
-
71,999
-
-
-
177,773
177,773
71,999
-
-
177,773
249,772
308,234
86,408
(88,116)
-
306,526
6,735
-
(1,515)
-
5,220
18,094
38,346
(35,648)
-
20,792
-
18,781
-
-
18,781
24,829
57,127
(37,163)
-
44,793
333,063
143,535
(125,279)
-
351,319
**Balance at 1**
**October 2021**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 30**
**September**
**2022**
**£**
243,584
88,869
(96,218)
236,235
71,999
-
-
71,999
315,583
88,869
(96,218)
308,234|**Balance at 1**
**October**
**2022**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Transfers**
**£**
**Balance at**
**30**
**September**
**2023**
**£**
236,235
86,408
(88,116)
(177,773)
56,754
71,999
-
-
-
71,999
-
-
-
177,773
177,773
71,999
-
-
177,773
249,772
308,234
86,408
(88,116)
-
306,526
6,735
-
(1,515)
-
5,220
18,094
38,346
(35,648)
-
20,792
-
18,781
-
-
18,781
24,829
57,127
(37,163)
-
44,793
333,063
143,535
(125,279)
-
351,319
**Balance at 1**
**October 2021**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 30**
**September**
**2022**
**£**
243,584
88,869
(96,218)
236,235
71,999
-
-
71,999
315,583
88,869
(96,218)
308,234|**Balance at**
**30**
**September**
**2023**
**£**
56,754
71,999
177,773|
|---|---|---|---|
||||249,772|
||||306,526|
||||5,220
20,792
18,781|
||||44,793|
||||351,319|
|||||
|||308,234||
Page 15
## **Trawden Forest Community Centre**
## **Notes to the Financial Statements for the Year Ended 30 September 2023 (continued)**
|**Restricted funds**
Various restricted funds
National Lottery
**Total funds**|**Balance at 1**
**October 2021**
**£**
5,100
-
5,100
320,683|**Incoming**
**resources**
**£**
5,983
19,098
25,081
113,950|**Resources**
**expended**
**£**
(4,348)
(1,004)
(5,352)
(101,570)|**Balance at 30**
**September**
**2022**
**£**
6,735
18,094|
|---|---|---|---|---|
|||||24,829|
|||||333,063|
## **20 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted funds**
**General**
**£**
**Designated**
**£**
-
249,772
65,934
-
(9,180)
-
56,754
249,772
**Unrestricted funds**
**General**
**£**
**Designated**
**£**
188,694
71,999
56,009
-
(8,468)
-
236,235
71,999|**Restricted**
**funds**
**£**
18,781
26,012
-
44,793
**Restricted**
**funds**
**£**
-
24,829
-
24,829|**Total funds at**
**30 September**
**2023**
**£**
268,553
91,946
(9,180)|
|---|---|---|---|
||||351,319|
||||**Total funds at**
**30 September**
**2022**
**£**
260,693
80,838
(8,468)|
||||333,063|
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