The Stow Hill Resource and Enterprise Centre
Receipts & Payments Account for the period ended 31st December 2023
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
|---|---|---|---|---|
| Receipts | Funds | Funds | Fund | Fund |
| Room Hire | £41,962.00 | £41,962.00 | £42,102.00 | |
| Donations | ||||
| Contribution towards Photocopier | ||||
| Fit and Fed | £0.00 | £0.00 | ||
| Stow Hill Resident | £0.00 | £0.00 | ||
| Pobl-Crafty Women Grant | £0.00 | £0.00 | ||
| Employment Furlough Receipts | £0.00 | £0.00 | ||
| GAVO Refund | £0.00 | £0.00 | £4,620.00 | |
| MISCELLANEOUS | £154.00 | |||
| Asda Refund | £81.00 | £81.00 | ||
| Lottery Community Fund | £0.00 | £0.00 | ||
| Grow Wild | £0.00 | £0.00 | ||
| Government Grants | £0.00 | £0.00 | ||
| TOTAL RECEIPTS | £42,043.00 | £42,043.00 | £46,876.00 | |
| Payments | ||||
| WATER | £0.00 | £0.00 | £211.00 | |
| LIGHT & HEAT | £7,564.00 | £7,564.00 | £2,719.00 | |
| INSURANCE | £1,535.00 | £1,535.00 | £1,533.00 | |
| WAGES AND SELF-EMPLOYED STAFF | £19,072.00 | £19,072.00 | £17,717.00 | |
| MISCELLANEOUS | £181.00 | £181.00 | £0.00 | |
| POSTAGE, PRINTING AND STATIONERY | £0.00 | £0.00 | £573.00 | |
| WASTE REMOVAL AND CLEANING | £1,208.00 | £1,208.00 | £1,183.00 | |
| TELEPHONE AND BROADBAND | £3,096.00 | £3,096.00 | £2,885.00 | |
| IT COSTS | £602.00 | £602.00 | £218.00 | |
| DONATIONS | £0.00 | £0.00 | £0.00 | |
| EQUIPMENT LEASING | £355.00 | £355.00 | £2,961.00 | |
| OFFICE SUPPORT COSTS | £0.00 | £0.00 | £0.00 | |
| ACCOUNTANT'S FEES | £4,260.00 | £4,260.00 | £271.00 | |
| BOOK-KEEPING & Indpendent examiners fees | £175.00 | £175.00 | £440.00 | |
| PROFRESSIONAL FEES | £0.00 | £0.00 | £993.00 | |
| SUBTOTAL BROUGHT FORWARD | £38,048.00 | £38,048.00 | £0.00 | £31,704.00 |
| ASSETS PURCHASED | ||||
| COMPUTER EQUIPMENT | £90.00 | £90.00 | £119.00 | |
| OTHER EQUIPMENT | ||||
| TOTAL PAYMENTS | £38,138.00 | £90.00 | £31,823.00 |
NET RECEIPTS/PAYMENTS TRANSFER BETWEEN FUNDS PETTY CASH BALANCE CASH FUNDS LAST YEAR END CASH FUNDS THIS YEAR END
£3,905.00 £41,953.00 £15,053.00
£15,053.00 £18,958.00
Ill Skne Gntse All TogetherA Better Community
The Share Centre Annual Report – 2023
Report of the Trustees for the Year Ended 31st December 2023
The SHARE Centre (Stow Hill Resource & Enterprise Centre) was formed and registered with the Charity Commission on 27th November 2014. The Charity took over the assets and liabilities of Stow Hill Access Resource and Enterprise Centre – a company limited by guarantee.
Reference and Administrative details:
Charity Name Stow Hill Resource & Enterprise Centre (Working name – SHARE Centre) Charity Registration Number: 1159387 Principal Office SHARE Centre, 88 Stow Hill, Newport, NP20 4DW Bankers The Co-operative Bank, Newport
Trustees
The Trustees of the Charitable Incorporated Organisation (the charity) that served during the period 2023 are: Chair Catherine Dunn Bron Lloyd Juliet Alison Starling
Current Trustees
Catherine Dunn Juliet Alison Starling Bron Lloyd
Executive Summary – Chair of Trustees
I am very pleased to present this report, which represents the work we have accomplished at SHARE in 2023. This year has been a time to fully reconnect SHARE with the community and to work for its benefit while developing income streams and monitoring rising costs. Looking ahead, 2024 will be a significant year for SHARE, as the peppercorn rent, we have enjoyed under lease with Pobl Group is due to end in December 2025. And Lease discussion is planned for 2025.
The Centre has continued to be a focal point for English for Speakers of Other Languages (ESOL) classes. The tutors and learners contribute to the positive and rewarding atmosphere at Share. A key role for staff and volunteers has been to supports new residents
with the other issues that they face. We are able to signpost learners to organisations specialising in housing, education, employment and the other myriad issues that arise. We have worked with Pobl who own our building to ensure that it is well-maintained and kept in good order. We have close relationships with Pobl Community Managers, Newport City Homes, Newport City Council, Adult Learning Wales, Jesus Cares, St Woolos School and GAVO.
We are grateful for the commitment and support of the Trustees.
We are a small team here at Share and I wish to thank Jan Williams our trusty volunteer; Nigel Shave, our caretaker, and his son Dean, who also volunteers at Share; and Annie Gwillym Walker, our manager.
Finally, I would like to express our gratitude to everyone who comes to Share; all our learners, tutors, everyone who comes through the door for creating a safe and happy space on Stow Hill.
Objects
The object of the CIO is to develop the economic, social and personal capacity and skills of the immediate Stow Hill Community in the City of Newport and surrounding areas. The organisation will help equip people with skills and competences they would not otherwise have, develop individual potential and help establish social enterprise. In particular, we work with refugees and asylum seekers, residents in local hostels and clients of local organisations that support homeless people and those with addiction issues.
Structure, Governance and Management
Governing Document
Stow Hill Resource & Enterprise Centre is a Charitable Incorporated Organisation (CIO) inaugurated on 1st July 2014 and registered as a CIO with the Charity Commission on 27th November 2014. The Charity was formed under a constitution which established its objects and powers. Under the terms of the constitution the Trustees have no liability to contribute to its assets and no personal responsibility for settling its debts.
Appointment of Trustees
Trustees are appointed in line with the constitution. Every Trustee is appointed by a resolution at a properly convened meeting of the Charities trustees. In selecting individuals for appointment, the trustees must have regard to the skills, knowledge and experience for the effective administration of the CIO.
Trustee induction and Training
New trustees are encouraged to familiarise themselves with the Charity and the context in which it operates.
Trustees are given a copy of the constitution and the latest report and accounts. Trustees are expected to be familiar with Charity Commission Guidance.
Background information
The Share Centre is situated at 88 Stow Hill, one of Newport’s most deprived communities (Index of Multiple Deprivation) and is currently within the ownership of Pobl and within walking distance of Newport City Centre. Stow Hill was formerly a Communities First (CF) area and the Centre was a focal point for the delivery of services to alleviate poverty through the Welsh Government funded programme.
The Share Centre, formerly known as Stow Hill Access Resource and Enterprise Centre, was formed in 2006 and registered as a charity in November 2014 and is directly managed by a board of trustees. Stow Hill is unique in Newport, it hosts a large transient population and very diverse communities, a significant proportion in short term occupancy hostels, homeless, temporary Bed & Breakfast accommodation, etc.
Stow Hill has a vibrant Black, Asian and Ethnic Minority community, in fact the population of Stow Hill is made up of 75.6% of people from a white background and 24.4% of people from
a non-white background. This is higher than the Newport average where 10.1% of people are from a non-white background and is a higher proportion of people from a non-white background than for Wales as a whole.
In C19th and early C20th Newport docks and the steel industry attracted people from across the globe, contributing to a diverse ethnic population. People from countries such as Ireland, Somalia and Bangladesh came over to live and work and many of them settled in Newport. In the C21st Newport continues to attract people from a wide range of countries who come to live and work for both shorter and longer periods.
SHARE Overview 2023
It felt like SHARE was getting back on its feet and the SHARE team were working hard to offer the Community all the best of SHARE. Making sure users and visitors felt welcome and safe.
English for Speakers of Other Languages
As the Share Centre lies at the heart of this multi-cultural community, over the years a community of people who wish to learn English has grown. In collaboration with Adult Learning Wales and Newport City Council, a programme of English for Speakers of Other Languages classes has been developed. We are lucky to have learners from across the world who become part of the Share Community.
Support for Learners
Our Manager and Volunteers support the tutors and learners in all sorts of ways. People have often left very difficult circumstances, poverty, adverse weather conditions, violence and, of course, war. Their learning journey is obviously affected by these issues. We had learners from Russia and Ukraine and we continue to support them. We work to ensure that the needs of everyone who comes to make a new life are prioritised. We have built up a network of organisations across the city and wider areas. We turn to other professionals to tap into their expertise in housing, asylum, employment, domestic violence, mental health issues and more. It is our role to provide a warm and welcoming space for everyone who comes to Share.
Every week we hold a Conversation Café which allows our learners to practice their new English skills outside the classroom in more informal settings. This is a happy and cheerful event; we share stories and experiences. Everyone is encouraged to speak, and it is wonderful to see how people progress over the academic year.
Support for Homeless People and those on Low Incomes
We are a focal point for local homeless people. Jesus Cares, an offshoot of King’s Church Newport, provide Food Bags which we give out on a fortnightly basis. We again provide advice and signposting to other agencies, though often a friendly face and a cup of tea when they pick up the food bags is as important as anything we do. Rising costs means there are more people accessing this provision. We also give out toiletries, women’s sanitary items, bedding, children’s clothes.
In Autumn we came together again to plant Pots of Hope with the support of Adult Learning Week. It was such a pleasure to see people create their pots, with daffodils, crocuses, tulips and dwarf hyacinths. Many of the ESOL learners have left their gardens in their home countries and have no opportunities to garden at all. We talked about how it is often difficult to look to the future with hope, especially when circumstances outside our control impact so greatly upon our lives.
We work closely with Bundles, a local group that provides items for new-born babies and small children. It is an excellent project that passes on nearly new items to parents who are struggling. Both local residents and those accessing ESOL classes have used this provision.
In 2022 we liaised with the local branch of Cocaine Anonymous. They held a full day event with workshops, shared food, meditation, reiki, and a joyous dance led by a Hare Krishna group.
Celebrations
Every term we gather together with food to relax and take time to share the customs of our countries.
These occasions are wonderful and encapsulate the spirit of the Share Centre.”
Risk Management
The Trustees will develop a risk management strategy which will comprise:
-
An annual review of the risks the charity may face
-
The establishment of systems and procedures to mitigate those risks identified in the
-
plan
-
The implementation of procedures designed to minimise any potential impact of
-
risks.
Financial Review
The accounts show total receipts of £42,043
Responsibility for financial statements
Trustees are required to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year.
In doing so, the Trustees are required to:
-
Select suitable accounting policies and then apply then consistently
-
Make judgements and estimates that are reasonable and prudent; and
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Prepare the financial statements on the going concern basis unless it is inappropriate
-
to assume that the company will continue on that basis
Signed on behalf of the trustees by:
……………………………………………………………………………
Catherine Dunn, CHAIR
The Stow Hill Resource and Enterprise Centre
Receipts & Payments Account for the period ended 31st December 2023
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
|---|---|---|---|---|
| Receipts | Funds | Funds | Fund | Fund |
| Room Hire | £41,962.00 | £41,962.00 | £42,102.00 | |
| Donations | ||||
| Contribution towards Photocopier | ||||
| Fit and Fed | £0.00 | £0.00 | ||
| Stow Hill Resident | £0.00 | £0.00 | ||
| Pobl-Crafty Women Grant | £0.00 | £0.00 | ||
| Employment Furlough Receipts | £0.00 | £0.00 | ||
| GAVO Refund | £0.00 | £0.00 | £4,620.00 | |
| MISCELLANEOUS | £154.00 | |||
| Asda Refund | £81.00 | £81.00 | ||
| Lottery Community Fund | £0.00 | £0.00 | ||
| Grow Wild | £0.00 | £0.00 | ||
| Government Grants | £0.00 | £0.00 | ||
| TOTAL RECEIPTS | £42,043.00 | £42,043.00 | £46,876.00 | |
| Payments | ||||
| WATER | £0.00 | £0.00 | £211.00 | |
| LIGHT & HEAT | £7,564.00 | £7,564.00 | £2,719.00 | |
| INSURANCE | £1,535.00 | £1,535.00 | £1,533.00 | |
| WAGES AND SELF-EMPLOYED STAFF | £19,072.00 | £19,072.00 | £17,717.00 | |
| MISCELLANEOUS | £181.00 | £181.00 | £0.00 | |
| POSTAGE, PRINTING AND STATIONERY | £0.00 | £0.00 | £573.00 | |
| WASTE REMOVAL AND CLEANING | £1,208.00 | £1,208.00 | £1,183.00 | |
| TELEPHONE AND BROADBAND | £3,096.00 | £3,096.00 | £2,885.00 | |
| IT COSTS | £602.00 | £602.00 | £218.00 | |
| DONATIONS | £0.00 | £0.00 | £0.00 | |
| EQUIPMENT LEASING | £355.00 | £355.00 | £2,961.00 | |
| OFFICE SUPPORT COSTS | £0.00 | £0.00 | £0.00 | |
| ACCOUNTANT'S FEES | £4,260.00 | £4,260.00 | £271.00 | |
| BOOK-KEEPING & Indpendent examiners fees | £175.00 | £175.00 | £440.00 | |
| PROFRESSIONAL FEES | £0.00 | £0.00 | £993.00 | |
| SUBTOTAL BROUGHT FORWARD | £38,048.00 | £38,048.00 | £0.00 | £31,704.00 |
| ASSETS PURCHASED | ||||
| COMPUTER EQUIPMENT | £90.00 | £90.00 | £119.00 | |
| OTHER EQUIPMENT | ||||
| TOTAL PAYMENTS | £38,138.00 | £90.00 | £31,823.00 |
NET RECEIPTS/PAYMENTS TRANSFER BETWEEN FUNDS PETTY CASH BALANCE CASH FUNDS LAST YEAR END CASH FUNDS THIS YEAR END
£3,905.00 £41,953.00 £15,053.00
£15,053.00 £18,958.00