2024-12-31-accounts - The Meads Community Centre Trust

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Trustees, Annual Report for the period IPeFiod start date To Iperfod end date 01 01 2024 r31 12 2024 Section A Reference and administration details Charty name The Meads Community C8ntr8 Trust Olher names charlty Is known by Rag16t¢red ¢harlty number (If any) 1160183 Charftys prlnclpal addrn e Meads Community C8ntr8 Emerald Crescent SittingbouTh. Kent ME10 Nanès èf the charlty trustses who manag0 tho charity Offic• Ilf Dat•8 acted Ifnotforwhol• Nam• olpWx lor body) •ntlll•d any) year lo rypolntlru5ts• (It*ry> Chair Graeme Lloyd Emma Borthwck. Secre Htsr Fiona Evans Treasurer Jen Flower Trustee Rebecca Falconer Trustse Ke8ly Magee Trustse 10 11 12 13 14 15 16 17 18 19 Nanies of the trustoes for th8 chwlty. If any. Uor oxamplè, any ¢u$todian trusteos) Dates acled If not for whole year ame

Names and addres$ of advlseys {Optlonal Infommtlon) pè d advlsor Namè Address Namè of chlef ax•¢utfve or names of senlor staff mombors (Opiional inforniation) Sectlon B Structure, governance and management scrlpiion of the ¢harfVs trusts Typ8 of gov8ming document leg. ITUSt deed. constitution) Conslituti¢)n Hrtw the. charity is cfftnRtititsd (eg. tnjst, association, corTrpanyl Charitable Inccooratsd Organisation Trustee selection methods (eg. appointed by. elected by) 0Sunteers, offtial posiiions elected by Trustees. dditional governance l$$uos (Optional information) ou may choose to include addit>?nal information, vthere relevant. about: ' policies and prrTrdures lOPted for the induction and training of trustees,. • the charitys organisatM)nal structure and any wider nehvork with which the charity works; • relationship wlth any relat8d 2024 has seen a recovery in our finances, due to an increase to our fees and a reduction Tn our cost base. Excluding one off capital grants our was 25.007 [2023 £20,305]" wr expenditure was £22.103 [2023 £20.947]. ExdudirKJ the capital grant thks reprgsonis a small surplus of £2.9M. D8SPite this improve our utility costs continue to outstrlp all infiationary measures 39,057 [2023 - 6,694]. • tnJ$tees' CrSIderatIOn of malor risks and the system and prwedures to manage them. The Trusts, policies were reviewed and updated duriro the year. h8re are no thirthpaty relationships within the charity or its suppliers. Several Issues relatlng to the fabric of the Community Centre have started to emerge. The rust is seeking to address these issues with the Origwl contractor and Swale Borough Council. Section C Objectives and activities The objects of the CIO are. 1. To buitd and run a thrivir¥J mrnunty lyjilding for the benefft of local residents in Sittingboume and wider Swale to offer a range of ser¥ices and experiences for users 2. To promote a greater awareness of issu8s relatèd to the health and wellbeiThJ of Swale residénts 3. To encourage and enharTh communty cx)hesion and foster a sense of pride within the local area 4. To provide a ld8 range of18aming Opportunities for resld8nts of all ages. promoting a culture of Ilfelong leamlng 5. To encourage mcfe aLrtive cltizenship and inspire a sred sense of collectlve responsibility for local, nati¢al and envwonmental issu8s 8. To inspire all generatlons to actiV8ly share their skills. resources. ummary of the obiects of the harlty set out In Its governlng dUrnent

experlences and advica to Stpp)rt and educate each other Twst oped a new Community Centre in November 2015 and has en 0rationallY and fin8ncAally successful since opening. e Trust operates the Communty Centre on the Meads h¢yJsing development Df over 2000 dwellings housing a wide range of residents nd the wider cornmunity of Sittingboume. Kent. mmary of the main activities ndgrtakèn ft>r the publlc Onofit In relation to these 'octs (Include wlthln thls on the statutory eclaratlon that trustots have had regard to the guidanco su•d by the Charlty ommission on public beneflt) Throughout 2024 the Community Centre continues to be used by a wide range ofgrow)s induding parent and baby classes. loddler groups. coffee momings. cardiac rehabilitstion group, children's dan classes. indr oddler frM)tball and a weight management ojmmunity groups.. e Centre is availle to hire privat8ly for family cel8brations and we offer pref8renbal rates for local residents. In addilion to the hiring the out the Centre. the Trusl supports fund raising nd conmiunty cohesion events 8t key tirnes annually as w811 as quiz nights. he Trust has b8en promoting health and w811being through attraCtll a arfety of user groups Indudlng 8x8rdse groups, a w8lght management ub. dance dasses for all ages. Addltlonal dotalls of objectives and activilles (Optlonal Inforniatlon) he Trust does not make grants. ou may choose to include rther statements, where eVant, aboutr. ' policy on grantmaknng., ' policy prc¥Jramme related investment. he volunteering time is approximately 15 hours a week. ' contributiM mada by voluntsers. Section D Achievements and performance ummary ofthe maln ehlevements of the charfty dursng the year The Trust continues to tske pride in operaling a successful and r8sFeCted Community Centre. Among our normal activities and new initsatives our Centre has b88n used as a I(al polling station giving access for the community to vote. W8 continue to sUPErt and host worthy causes. providing use of the Centre free of ¢harge to othor Charities and members of our communty who are fundraising for other charities. Sectlon E Financial review Th8 Trust has r888N8s mor8 than the r8qulred18vèl of res8rv8s of £20,000. Th8s8 will used as a contingency for re1¥ renewal of equiTxnent. Any funds above thls amount V•ryll be used to reinvest in improvirKJ the Centre. Brlef statsment of the charlty's poliw on rosorves Dotalls of any funds matorialty in defictt None

Furtlwr financlal rèview d•tall8 (Optlonal Infomiatlon) o offset the increasing energy costs, the Trust has secured a capital grant to pay for 50% of the costs to Mstall its own solar pand array and battery backup. The Trustees have approved the use of some of its reserves to pay the additional u)st. This wll be installed in 2025. YLW may ¢h¢)oso to include additial informati. where relewdnt about . the tharitys prlncipal sources of fund5 (inclLJing any fundraislng): • how 8xpenditur8 has SUPPOrted th8 koy obiectlves of the • Investment poliw and objectlws Includlng any othlcal Investmont polky adopted. Section F Other optional information Sectlon G Declaration he trustees de¢lare that thoy have approvod tho trustees, roport above. Signod on behalf of the charlty's trust••s Slgnaturn($) Full n•ne(s} Grme Lloyd Fiona Evans Po8ltlon {eg Secretary. Chalr. etc) Char reasurer 1010712025 TAR March 2012

(HARITY COMMISSION FOR ENGLAND AND WALES The Me3d5 Coirty.in,.t'y CoTrlrE T".u51 Recelpts and payments accounts CC16a To Section A Receipts and payments Unrwtrfct•d fund• Endowm•nt fund* fund• Total fvnds L••t y•ar A1 Rgc• Grant5 7.635 17.Tll Rant Intefg•1 515 ross incon AR) .007 305 nv•s IM• t•bl•l. 20.305 A3P• •nt• m•nt 10 1• 236 Insurance Profes8181 f8•s R6 8 & rnaintenanc• Cle Grfis Adminlstral Miscdleneous 401 718 411 711 447 142 102 482 Sub to¢•1 947 A4 Asmt and Inv•8tm•nt urc bl Purth8s9 ass818 Sub total 3N1 211M 2&967 Pl•t olr8¢elpWp•ym•nts) AS Tran•f•rn b•tvM•n lunds A6 C••h fund¥ last y••r •nd Cash funds thls y••r•nd 6.655

Section B Statement of assets and liabilities at the end of the period Unr••trlcted R•strE¢t•d fund• funds n•rnt£ Endowm•nt funds t• n••T••t£ Categories Details tè nwttt£ B1 Cash lund• 10.482 3.754 41783 Total cash funds 3,754 UntrIct•d R••trlct•d Endowm•nt nd• fund• t• e Details to n•arn•t £ to TA•kh* euff•rbtv•lu• Oetallg C••tl¢pU•n•ll Curr•ntv•h Oetails 84 A•Mli r•taln•d for t ¢h•rlty8 own uso UnreBtrlrtgd PA syslern Urn•blra•J Unrulrf¢t•d Sdar Fund Ylh•n du• Dotalls B5 Ll•blllllo8 Date of halfol all ts truth85 Prfnt Namo Graeme L FL¥ Fiona Evan8 110512 Rebca Fdconer