## **Beeston Community Resource CIO** (Registered charity, number 1160885) **Financial statements for the year ended 31 March 2023** |**Page**|**Contents**| |---|---| |2 - 4|Trustees’ annual report| |5|Independent examiner’s report| |6|Receipts & payments account| |7|Statement of assets & liabilities| |8 - 10|Notes to the accounts| # **Beeston Community Resource CIO Trustees’ annual report for the year ended 31 March 2023** **Full name** Beeston Community Resource CIO **Other names by which the charity is known** BCR, Middle Street Resource Centre **Organisation type** Charitable incorporated organisation **Registered charity number** 1160885 ## **Principal address** Middle Street Resource Centre, 74 Middle Street, Beeston, Nottingham NG9 2AR ## **Trustees** Sylvia Stephens, Chair Duncan Mitchell Chris Taylor, Vice Chair Colin Failes John Chambers Nick Austin Martin Brasier Val Curry ## **Independent examiner** John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL ## **Governance and management** The charity is operated under the rules of its CIO Foundation Constitution registered 13 March 2015. Our CIO constitution accords with the 'Foundation' model. Trustees are selected with regard to skills, knowledge and experience. New trustees are appointed for 3 years by a resolution passed at a properly convened meeting of the charity trustees. ## **Objectives and activities** The objects of the CIO are: (1) The promotion of social inclusion amongst people in Nottinghamshire, Derbyshire and Leicestershire who are socially excluded from society or parts of society as a result of mental ill-health, in particular through the provision of a resource centre providing opportunities and facilities for recreation, social interaction, education, support and advice designed to assist the recovery and wellbeing of such people and to enable them to integrate into society. (2) To promote for the benefit of the inhabitants of the Borough of Broxtowe and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants. 2 ## **Beeston Community Resource CIO** ## **Summary of the main activities undertaken for the public benefit** - To provide a team of mental health support workers for individual support as required. - Manage an effective community resource centre offering support for mental health in the community through a series of Mindset groups and other wellbeing groups organised by outside organisations eg Nottingham College, Dementia Memory Café & Slimming World. - Encourage volunteers to help in various managed tasks within the centre. - Offer a Community Café for our regular users and the local inhabitants. ## **Public benefit statement** The community café and garden are open to the public. A variety of leisure courses and activities take place at the centre using our facilities and Room hire is available for local meetings. The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'. ## **Summary of the main achievements during the period** The main achievements during 2022-23 was to build up the service provided at MSRC following on from the COVID 19 lockdowns. The support offered to local people with lived mental health issues has developed and increased again as the year progressed through a mixture of 1-1 meetings, group activities and volunteering opportunities. Numbers of people attending the centre has increased through the year from an average of 1500 visits per month to 3500 visits per month. A major focus for the year was the 50[th] Anniversary of MSRC, which covered a range of fundraising activities and events throughout the year. We were also the Mayor of Broxtowe's chosen charity of the year, which again involved staff in many events, and out of hours activities. These two areas of focus have taken a great deal of time for staff, trustees and volunteers, but has helped the profile and public image of MSRC. We have also been nominated for the Queens Award for Voluntary Service during the 2022-23 year, this was supported by individuals from the Memory café and Baptist Church. We should hear the result of the nomination during 2023-24. ## **Financial review** As a result of the extra activities mentioned above, and the slow start to the year from Room Hire and Café takings, our financial situation at the end of the year was not great as we were running on a deficit, but did not have to make use of our reserves due to the surplus funding (mainly from PCN) that we carried over from the previous year. We are quietly confident that as the 2023-24 financial year progresses our funding situation will improve and we will be back on track again. 3 ## **Beeston Community Resource CIO** ## **Financial risks** The main risk is if we lose the tenancy of the building, which we lease from Nottinghamshire County Council. If we lost the use of the premises we would have to look for major funding to find new premises. Other risks include a slowing down of room hire and availability of suitable funding streams that would negatively effect our income. ## **The charity’s policy on reserves** We hold a Reserve Fund of £70,000+ created from 2017/2019. This was felt prudent in case of some change in our lease with Nottinghamshire County Council which is reviewed every 5 years. This amount should help us cover any staff remunerations and cover any debts if the lease is withdrawn. There are no plans to increase it at the moment but should staffing levels increase it will be reviewed. It was thought that we may have needed to use it during this year but were fortunate in obtaining many additional grants to cover our staffing and running costs through the Covid period. ## **Thanks** We would like to acknowledge the continued support offered by Beeston Consolidated Charity, Nottinghamshire County Council, Broxtowe Borough Council, the National Lottery and all other funders and supporters who have helped us through the past few years. Many thanks to our many volunteers and staff, who kept the service running, worked tirelessly though a testing period. Also thanks to regular room hire groups such as Beeston Memory Café, Beeston Baptist Church and Beeston Musical Theatre group who have, all returned and supported us after the pandemic period. ## Signed on behalf of the charity’s trustees: Signed _____________________________________________ Date __________ Sylvia Stephens, Trustee 4 ## **Independent examiner’s report to the trustees of Beeston Community Resource CIO for the year ended 31 March 2023** I report to the trustees on my examination of the accounts of Beeston Community Resource CIO (the charity) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the trustees of the charity 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 charity’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 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 charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. 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. Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus 5 ## **Beeston Community Resource CIO Receipts & payments account for the year ended 31 March 2023** |_2022_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
100063
Grants & donations
**2**
69946
43446
Room & Centre Hire
52229
29498
Café & Catering income takings
45977
556
Fundraising & activities
6991
7
Bank interest
309
1721
Fees, services & sales
3972
175291
**Total receipts**
**179424**
**Payments**
8
Activities & events
-
56
Bank charges
754
10436
Catering costs
18187
1375
Catering equipment
1576
40
Consumables & maintenance
-
-
Music studio costs
6401
90
Contribution to MindSet
-
3721
Garden supplies & equipment
305
2739
General equipment & furniture
245
-
Men in Sheds
7
1596
Licences
612
1750
Minibus costs
2458
4980
Office costs
4192
27227
Overheads & site manager
**4**
46023
2229
Professional fees
3608
1412
Staff expenses
1592
827
Stationery, printing & postage
3592
8873
Training
-
2080
Volunteer expenses
672
131492
Wages, NI & pension
93440
444
Sundry payments
-
201375
**Total payments**
**183664**
(26084)
**Net receipts/(payments)**
(4240)
171182
Cash funds at start of this period
85194
145098
**Cash funds at end of this period**
**80954**|**_2023_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
-
69946
-
52229
-
45977
-
6991
-
309
-
3972
**-**
**179424**
-
-
-
754
-
18187
-
1576
-
-
-
6401
-
-
1094
1399
-
245
-
7
175
787
-
2458
-
4192
-
46023
-
3608
-
1592
-
3592
4770
4770
672
49507
142947
-
-
**55546**
**239210**
(55546)
(59786)
59904
145098
**4358**
**85312**| |---|---| 6 ## **Beeston Community Resource CIO Statement of assets and liabilities at 31 March 2022** |_2022_|||**_2023_**| |---|---|---|---| |£|**Cash assets**|**Note**|**£**| |144985|Bank accounts||85238| |113|Cash in hand||74| |145098|||**85312**| ||**Other monetary assets**||| |2497|Debtors & prepayments|**5**|6364| |2497|||**6364**| ||**Assets retained for the charity’s own use**||| ||General equipment.||| ||5 Laptops, purchased August 2021, cost £2,647.||| ||Fridge Freezer, purchased July 2019, cost £845.||| ||Ford Transit minibus, purchased April 2019, cost £16,434.||| ||Noticeboard, purchased February 2019, cost £744.||| ||Dishwasher, purchased December 2018, cost £1,138.||| ||Electric range, purchased March 2017, cost £1,397.||| ||Musical Instruments, purchased February 2017, cost £1,050.||| ||Polytunnel, purchased November 2016, cost £1,690.||| ||Camera, purchased October 2016, cost £638.||| ||Garden Chipper & shredder, purchased September 2016, cost £580||| ||**Liabilities**||| |(11836)|Creditors|**6**|(2966)| |(11836)|||**(2966)**| These financial statements are accepted on behalf of the charity by: Signed ___________________________________ Dated ___________ Chris Taylor, Trustee 7 ## **Beeston Community Resource CIO Notes to the accounts for the year ended 31 March 2022** ## **1. Receipts & payments accounts** Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. ## **2. Grants & donations** |Beeston Consolidated Charity
Nottinghamshire County Council
Broxtowe Borough Council
Sundry grants & donations|**Unrestricted**
**£**
45000
1785
250
22911
**69946**|**Restricted**
**Total**
**£**
**£**
45000
-
1785
-
250
-
22911
**-**
**69946**| |---|---|---| ## **3. Funds analysis** |**Restricted funds**
Moving on from Covid
Memorial Garden
MindSet
**Unrestricted funds**
General fund|**Opening**
**balance**
**£**
49507
1437
8960
**59904**
85194
**85194**|**Receipts**
**£**
-
-
-
**-**
179424
**179424**|**(Payments)**
**£**
(49507)
(1269)
(4770)
**(55546)**
(183664)
**(183664)**|**Closing**
**balance**
**£**
-
168
4190| |---|---|---|---|---| |||||**4358**| |||||80954| |||||**80954**| The Moving on from Covid fund was funding received from Nottingham West PCN. PCN gave permission for it now contribute towards salaries. The Memorial garden was a fund set up to enhance and develop an area of the community garden to be a place of tranquillity and peace where people could remember lost ones. We have partitioned an area off with a wooden structure and planted new plants and bushes as well as enhancing the seating area. This was started with the funding from the Co-operative Community Fund last year. 8 ## **Beeston Community Resource CIO** The MindSet fund received funding from the National Lottery Community Fund. Following on from the Covid period and lockdowns we have needed to “kickstart” the MindSet programme with support from staff members and outside facilitators to continue existing groups such as Talk and Support, Poetry and Guitar and set up new Creative Writing and photography groups. The main purpose of the fund was to help build the provision up again in a safe and positive way following a traumatic period for most of our service users. ## **4. Overheads and site manager** Nottinghamshire County Council employs a site manager and cleaners who work at the premises. BCR’s 72% contribution towards overheads covers their normal working hours, but BCR also reimburses the Council at 100% for additional hours employed solely to serve BCR. In 2021/2022 the contribution of £27,277 covered 3 quarter payments. The contribution in 2022/2023 covered 4 quarters. ## **5. Debtors & prepayments** |Debtors: Room & centre Hire
**Creditors**
Professional fees
Wages, NI & pension (HMRC)
Wages, NI & pension (Pension)|**£**
6364| |---|---| ||**6364**| ||**£**
925
1873
168| ||**2966**| ## **6. Creditors** ## **7. Trustees’ remuneration** Trustees received no expenses, remuneration or benefits in this period. ## **8. Related party transactions** - There were no related party transactions during the period. 9 ## **Beeston Community Resource CIO** ## **9. Glossary of terms** **Creditors:** These are amounts owed by the charity, but not paid during the accounting period. **Debtors:** These are amounts owed to the charity, but not received in the accounting period. **Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period. **Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity. 10