**REGISTERED CHARITY NUMBER: 1159922**
**Report of the Trustees and Financial Statements for the Year Ended 31 July 2022**
**for**
**The Marden House Centre**
**The Marden House Centre**
**Contents of the Financial Statements for the Year Ended 31 July 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 12|
|**Detailed Statement of Financial Activities**|13 to 14|
**The Marden House Centre**
## **Report of the Trustees**
**for the Year Ended 31 July 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To provide facilities for recreation, leisure-time occupation, education and social welfare.
To provide facilities for fundraising activities for the Marden House Centre and other voluntary organisations and charities.
To provide facilities for hire of part or all of Marden House Centre for commercial activities that do not compromise purpose to establish a community centre at Marden House.
## **Public benefit**
The Trustees have considered the Charity Commission’s general guidance on public benefit and have taken it into account when reviewing our aims and objectives,and planning our future activities. The Trustees are satisfied that our work is carried out wholly in pursuit of our charitable aims for the public benefit.
Page 1
**The Marden House Centre**
## **Report of the Trustees for the Year Ended 31 July 2022**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
## Impact of Covid pandemic
As we began the financial year 2021-2022 the country was cautiously emerging from the Covid pandemic which had caused groups that had previously held regular meetings to be hesitant about meeting together again. They were also concerned with the financial implications of possible reductions in their membership. As groups returned to something like normal activities it was necessary to have discussions with the various group committees to agree an acceptable hire cost and an appropriate rental income for our charity. We have been encouraged by the consideration groups have given in reviewing the hire rate they can afford. The situation demonstrated what working in partnership can achieve.
During the year we received a pandemic associated "Wiltshire Omicron Leisure Grant "of £2667.
The pandemic meant that for much of the year like others the trustees were concerned about meeting together. Since there were no significant decisions to be made, the business of the charity had been conducted mainly by email and phone.
## Objectives and Priorities
As Trustees we continue to pursue our objectives in the interest of social welfare, recreation, leisure-time occupation, and education for the people of Calne and its environs and we welcome all groups and individuals to the Marden House Centre irrespective of age and background. The Trustees continue as a priority to support those groups that provide social support to the community such as Family Action, Barnardo, and others offering social contact to the aged and those with early dementia.
As members of the "Wiltshire Village Halls Association", we are grateful for their advice and guidance when necessary. We keep our Procedure and Policies document updated to reflect the varying Government requirements as is our Health and Safety policy document.
## Lease and Building
After years of discussion the Trustees were finally able to agree with Wiltshire Council the terms of a new Lease, dated 25th November 2021 for a term of 125 years. Having the new Lease in place enabled the Trustees to make plans for the essential structural repairs to the Grade II building and to seek the necessary funding for this work. In addition, we will be seeking funding to improve both disabled toilet facility and a new kitchen to enable catering.
## Marden House Concerts
Marden House Concerts were able to return for their 2021-2022 season with six Sunday afternoon concerts greatly supported by the Friends and other concert goers.
## Marden House Garden
Our team of gardening volunteers continued to maintain the garden with additional volunteers being welcomed to the team. We are grateful for all their efforts in all weathers to provide a splendid display of colour and a garden that is an important asset to Marden House
## The future
The trustees approach the future with confidence and awareness looking forward to the challenges ahead in providing a venue for the people of Calne to enjoy..
## **FINANCIAL REVIEW**
## **Financial position**
The charity has net assets of £115,671 (2021: £112,543) as at 31 July 2022. There is a surplus in the year of £3,128 (2021: £8,479).
Page 2
**The Marden House Centre**
## **Report of the Trustees**
## **for the Year Ended 31 July 2022**
## **FINANCIAL REVIEW**
## **Reserves policy**
It was agreed at the trustee meeting on 6 June 2022 that a reserves policy be amended so that unrestricted funds which have not been designated for a specific use should be maintained at a level of £30,000. The Trustees consider that the reserve at this level will ensure that, in the event of a significant drop in income, will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. The charity's current level of free general reserves is £74,325 (2021: £71,571), which is in excess of this level.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a foundation constitution, for a charitable incorporated organisation (CIO) that was registered on 13 January 2015.
## **Recruitment and appointment of new trustees**
The Trustees are, as a collective, responsible for recruiting new Trustees. The Trustees aims are to ensure the board of Trustees has a broad mix of skills and backgrounds. This process involves an application form, nomination and interview to ensure the appropriate individuals are recruited.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1159922
## **Principal address**
C/o 7 Bream Close Calne Wiltshire SN11 9UF
## **Trustees**
G Spencer Mrs M Garratt P J Spencer K M Townson P J Ross resigned 1 August 2021
I Thorn J Boaler
## **Independent Examiner**
Andy Davis FCA Mander Duffill Chartered Accountants The Old Post Office 41-43 Market Place Chippenham Wiltshire SN15 3HR
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.................................................................... G Spencer - Trustee
Page 3
**Independent Examiner's Report to the Trustees of The Marden House Centre**
## **Independent examiner's report to the trustees of The Marden House Centre**
I report to the charity trustees on my examination of the accounts of The Marden House Centre (the Trust) for the year ended 31 July 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 the Trust 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 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.
Andy Davis FCA Mander Duffill Chartered Accountants The Old Post Office 41-43 Market Place Chippenham Wiltshire SN15 3HR
Date: .............................................
Page 4
**The Marden House Centre**
## **Statement of Financial Activities for the Year Ended 31 July 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
39,642
Investment income
2
30
**Total**
39,672
**EXPENDITURE ON**
Raising funds
3
36,338
**NET INCOME/(EXPENDITURE)**
3,334
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
123,363
**TOTAL FUNDS CARRIED FORWARD**
126,697|Restricted
funds
£
4,700
-
4,700
4,906
(206)
4,180
3,974|31.7.22
Total
funds
£
44,342
30
44,372
41,244
3,128
127,543
130,671|31.7.21
Total
funds
£
24,186
10
24,196
15,717
8,479
119,064
127,543|
|---|---|---|---|
The notes form part of these financial statements
Page 5
**The Marden House Centre**
## **Balance Sheet**
## **31 July 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
5
15,000
**CURRENT ASSETS**
Debtors
6
79
Cash at bank and in hand
112,194
112,273
**CREDITORS**
Amounts falling due within one year
7
(576)
**NET CURRENT ASSETS**
111,697
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
126,697
**NET ASSETS**
126,697
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
3,974
3,974
-
3,974
3,974
3,974|31.7.22
Total
funds
£
15,000
79
116,168
116,247
(576)
115,671
130,671
130,671
126,697
3,974
130,671|31.7.21
Total
funds
£
15,000
131
164,168
(51,756)
112,543
127,543
127,543
117,471
10,072
127,543|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. G Spencer - Trustee
The notes form part of these financial statements
Page 6
**The Marden House Centre**
## **Notes to the Financial Statements for the Year Ended 31 July 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.7.22|31.7.21|
||£|£|
|Deposit account interest|30|10|
Page 7
continued...
**The Marden House Centre**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2022**
## **3. RAISING FUNDS**
## **Raising donations and legacies**
|**Raising donations and legacies**|||
|---|---|---|
||31.7.22|31.7.21|
||£|£|
|Concert Expenses|4,906|176|
|Support costs|36,338|15,541|
||41,244|15,717|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **5. TANGIBLE FIXED ASSETS**
|**5.**|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||Plant and|
||||machinery|
||||£|
||**COST**|||
||At 1 August 2021 and 31 July 2022||15,000|
||**NET BOOK VALUE**|||
||At 31 July 2022||15,000|
||At 31 July 2021||15,000|
|**6.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.7.22|31.7.21|
|||£|£|
||Prepayments|79|131|
Page 8
continued...
**The Marden House Centre**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2022**
## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 8)
Other creditors
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Damage Deposits Held
Steinway Piano Fund
Projects & Works
Projects Treloar
Music Reserve Fund
**Restricted funds**
Concert Fund
**TOTAL FUNDS**|At 1.8.21
£
71,471
-
15,000
30,000
1,000
5,892
123,363
4,180
4,180
127,543|Net
movement
in funds
£
2,834
420
-
-
-
80
3,334
(206)
(206)
3,128|31.7.22
£
45,902
577
46,479
Transfers
between
funds
£
20
(20)
-
-
-
-
-
-
-
-|31.7.21
£
51,228
528
51,756
At
31.7.22
£
74,325
400
15,000
30,000
1,000
5,972
126,697
3,974
3,974
130,671|
|---|---|---|---|---|
## **8. MOVEMENT IN FUNDS**
Page 9
continued...
**The Marden House Centre**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2022**
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|39,072|(36,338)|2,734|
|Damage Deposits Held|520|-|520|
|Music Reserve Fund|80|-|80|
||39,672|(36,338)|3,334|
|**Restricted funds**||||
|Concert Fund|4,700|(4,906)|(206)|
|**TOTAL FUNDS**|44,372|(41,244)|3,128|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Damage Deposits Held
Steinway Piano Fund
Projects & Works
Projects Treloar
Music reserve Fund
**Restricted funds**
Concert Fund
**TOTAL FUNDS**|At 1.8.20
£
61,464
1,351
15,000
30,000
1,000
5,892
114,707
4,357
119,064|Net
movement
in funds
£
8,656
-
-
-
-
-
8,656
(177)
8,479|Transfers
between
funds
£
1,351
(1,351)
-
-
-
-
-
-
-|At
31.7.21
£
71,471
-
15,000
30,000
1,000
5,892
123,363
4,180
127,543|
|---|---|---|---|---|
Page 10
continued...
**The Marden House Centre**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2022**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|24,197|(15,541)|8,656|
|Damage Deposits Held|-|-|-|
||24,197|(15,541)|8,656|
|**Restricted funds**||||
|Concert Fund|-|(177)|(177)|
|**TOTAL FUNDS**|24,197|(15,718)|8,479|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Damage Deposits Held
Steinway Piano Fund
Projects & Works
Projects Treloar
Music Reserve Fund
**Restricted funds**
Concert Fund
**TOTAL FUNDS**|At 1.8.20
£
61,464
1,351
15,000
30,000
1,000
5,892
114,707
4,357
119,064|Net
movement
in funds
£
11,490
420
-
-
-
80
11,990
(383)
11,607|Transfers
between
funds
£
1,371
(1,371)
-
-
-
-
-
-
-|At
31.7.22
£
74,325
400
15,000
30,000
1,000
5,972
126,697
3,974
130,671|
|---|---|---|---|---|
Page 11
continued...
**The Marden House Centre**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 July 2022**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|63,369|(51,879)|11,490|
|Damage Deposits Held|420|-|420|
|Music Reserve Fund|80|-|80|
||63,869|(51,879)|11,990|
|**Restricted funds**||||
|Concert Fund|4,699|(5,082)|(383)|
|**TOTAL FUNDS**|68,568|(56,961)|11,607|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 July 2022.
Page 12
**The Marden House Centre**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Hire and rentals
Donations
Membership
Concert tickets
Family action
Other income
Grants Received
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Concert Expenses
**Support costs**
**Finance**
Bank charges
**Other**
Sundries
**Other 2**
Cleaning
General maintenance costs
Rates and water
Major works
Insurance
Advertising
Light and heat
Telephone
Postage and stationery
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31 July 2022**
31.7.22
31.7.21
£
£
24,153
2,190
161
-
655
-
3,411
-
12,630
3,631
665
18,365
2,667
-
44,342
24,186
30
10
44,372
24,196
4,906
176
50
-
701
70
7,730
2,487
4,264
7,212
1,332
373
10,258
-
3,512
1,685
98
40
3,891
2,539
340
457
231
-
31,656
14,793
3,931
678
41,244
15,717
3,128
8,479|
|---|---|
|||
This page does not form part of the statutory financial statements
Page 14