**Annual Report 2023-24 Registered Charity: 1160900** ## **Contents** |**Contents**|| |---|---| |About Us|2| |Looking Back|5| |Key Statistics|7| |Looking Forward|9| |Quotes and Testimonials|11| |Our Supporters|12| |Closing Comments by our Chair|13| |Financial Statements for the Year Ending 31stMarch 2024|14| St. Margaret’s Centre is a mental health service operating as an **activity and training hub** for adults in County Durham who need support with their mental wellbeing. The main aim of the Centre is to **improve the health and wellbeing of the community** of County Durham. We provide a **safe, therapeutic environment** for people to regain their confidence, motivation, and self-esteem while learning new skills and meeting new friends. Our ethos is that **we accept people as they are, and help them to achieve their own goals** . We are a non-clinical environment that provides safety and understanding for people who are often going through a very hard time in their lives. St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 2 ## **St. Margaret’s Centre offers** : **Health and Wellbeing Activities** : woodwork, joinery, arts and crafts, music, and gardening. We also offer physical health activities such as accessible chair exercise classes, dance, and walking groups, and educational classes such as sign language. These activities help people to feel included and improve their social skills and self-esteem, which helps to prevent relapse into serious mental ill health. **Access to Mental Health Support Worker** : offering support with a wide variety of issues that can contribute to social isolation and mental ill health, and ensuring that attendees are accessing what they are entitled to so they may live independently. **Self-Management programmes** : short courses designed and delivered in-house, teaching practical ways to help overcome a variety of issues, managing symptoms of mental ill health, and interacting with others. In addition, external providers offer courses in areas such as budgeting, literacy, and numeracy. **Structured Volunteering:** volunteering opportunities to learn new skills in a variety of areas across the Centre. This provides people not only with a chance to learn in a supportive environment, but encourages their independence and confidence. **Community Hub:** a volunteer-led cafe aimed at improving the wellbeing of the people in County Durham by providing a safe and social place for people to meet, opportunities for training and volunteering in the café and kitchen, and both free and affordable food options to support people impacted by the cost of living crisis. St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 3 ## **Trustee Board** **Chair** Peter Thompson **Vice Chair** Paul Jefferson **Treasurer** David Welsh Lizzie Hare Erica Jones Elizabeth McCabe Felicity Mitchell Christopher Ramsden Deborah Rowley-Conwy Anna Stephenson Anthony Walker John Woods ## **Staff** **Centre Manager** Rob Chatwin **Café Supervisor** Vikki Dale **Support Worker** Andrea Davison **Deputy Manager/Finance Officer** Lisa Harrison **Art Instructor** Olwyn Reece ## **Business Administrator** Emma Troup **Joinery Instructor** Tony Turfrey ## **Volunteer & Activity Coordinator** Nicola Webb St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 4 ## **2023-24: A Summary** It has been a busy and exciting year for St. Margaret's Centre, with the launch of new projects designed to meet an ever-increasing need within our community. The cost of living crisis has had a significant impact on the mental health of people who access our services, with a rise in the number of people seeking support with their finances, as well as contributing to a challenging environment for non-profit organisations like ourselves who have seen soaring operating costs over the last year. ## **Durham Mental Wellbeing Alliance** As a key partner within the Durham Mental Wellbeing Alliance (DMWA), St. Margaret's Centre has brought many years of knowledge and experience of working within the community, and highlighted the voice of the people who use our services to contribute to shaping and developing County Durham's new approach to adult mental health services. Since the launch of the DMWA two years ago, St. Margaret's Centre has seen a substantial increase in the number of people accessing our groups and services. At the end of this year we have 385 people with active referrals to the Centre, most of whom attend at least once a week for support with their mental wellbeing. Self-referrals continue to be a leading source of referrals to the Centre, and we maintain close links with other service providers to ensure we meet the needs of our community. ## **Volunteering** An exciting new development within the Centre in the last year has been the introduction of a Volunteer and Activity Coordinator, a role which was taken on by Nicola Webb who was previously our Craft Instructor and Activity Coordinator. Nicola works with both attendees and members of our local community to develop a range of opportunities for volunteering across the centre, including working in our café and kitchen, running art, craft, gardening, and social groups, and creating products in our workshops. Since August last year, we have recruited and trained a total of 55 volunteers across all areas. St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 5 ## **Community Hub** Following a period of closure due to a member of staff leaving, in August 2023 we relaunched The Old School Café as a community hub aimed at improving the wellbeing of the people in County Durham. Led by our new Cafe Supervisor, Vikki, the cafe offers a safe and social place for people to meet new friends and have a conversation, opportunities for training and volunteering in the café and kitchen, and affordable food options to support people impacted by the cost of living crisis. The Hub hosts social and peer-support groups, and we have recently introduced a Pay It Forward scheme, allowing people to donate a meal token to those who are struggling to afford a meal. ## **Open Day** To celebrate the relaunch of The Old School Cafe as the Centre's new community hub, in August we opened our doors to the general public. We were thrilled to be visited by hundreds of people from the community, including local MPs Mary Foy and Kevan Jones, who were able to tour the centre, enjoy a delicious coffee and cake, and take part in some creative activities ran by staff and volunteers. We must give tribute to our amazing volunteers, who coped with a somewhat overwhelming first day with admirable calm and composure! St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 6 **291** **Referrals received** **39%** **increase** **in the number of registered attendees** ## **277** **Staff-led sessions** **167** **Peer or volunteer-led groups** **78** **Sessions by External Organisations** **385** **People currently accessing services** **74** **Social Days** **55** **Volunteers** **5315.5 Volunteer hours** **£55,493.82** **Economic value of volunteering hours given** St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 7 People are referred, or self-refer, to St Margaret’s Centre from across County Durham, as indicated in the map below. Of the people referred to us in 2023-24: • 24% were self-referrals • 16% have a physical disability • 12% identified as autistic • 13% have a learning disability • 30% were aged 18-34 • 59% were aged 35-64 • 11% were aged 65+ St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 8 ## **Developing Sustainability** St. Margaret's Centre is determined to continue delivering and expanding services to support our community, despite a challenging economic landscape. To this end, we aim in the next year to increase our income-generating projects to improve the Centre's sustainability. One of the Centre's greatest strengths is our community, and we regularly hear people say that they're looking to 'give back' in various ways. With the success of the relaunched community hub and positive outcomes for volunteers, in the year ahead we are turning our focus to the Centre’s workshops. We will develop a team of talented craftspeople who can design and make high quality wooden items like the herb planter below, which will be sold by volunteers at the Centre, in craft markets around the County, and online. We hope that this initiative combines our long-term goals of financial sustainability, with increased and improved volunteering placements that will offer opportunities for skill development and teamwork as well as enhanced self-esteem and wellbeing. St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 9 ## **Improving Accessibility** With over 25% of registered attendees identifying as having a physical disability, ensuring that everyone who wants to be able to use the Centre is able to do so is of vital importance. In recent years we have invested significantly in improving mobility access to the Centre by installing levelled floors, ramps, and a toilet. In the upcoming year we will replace our passenger lift, which will allow everyone to continue accessing arts and crafts groups, social days, self-management courses, educational classes, exercise sessions, and volunteering opportunities regardless of their physical abilities. ## **Administration Support** We have seen a considerable rise in administrative duties related to the processing of referrals, management of volunteers, and requirements for data collation in the areas of finance and social value as a result of our partnership in the Durham Mental Wellbeing Alliance. We will be hiring a part-time Business Administrator in early 2024 to enable us to meet these needs and continue expanding our projects for the benefit of attendees and the local community. St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 10 St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 11 St. Margaret’s Centre would not be able to continue delivering such a vital service to the people of County Durham without the support of others. We would like to thank the following groups and individuals, in no particular order: - Patron: Dr Arnab Basu MBE - Durham County Council - Durham Mental Wellbeing Alliance - Bishop Auckland College - Workers’ Education Association - Garfield Weston Foundation - County Durham Community Foundation - Edward Gostling Foundation - Hadrian Trust - City of Durham Parish Council - The Dunelm Foundation - Shakespeare Temperance Trust - Durham Area Action Partnership - Pioneering Care Partnership - Durham Action on Single Housing - St Margaret’s PCC - The Barbour Foundation - Durham City Freemen - Rotary of Durham - Creative Support - If U Care Share - Briardene Residents’ Association - Natwest - ARCH Recovery College - Mental Health Matters - Ann Rudge - Angela Rutter - Sanctuary 21 - Tees, Esk and Wear Valleys NHS Trust - Co. Durham Support and Recovery Service - North Road Methodist Church - Ushaw Historic House, Chapel and Gardens - Home Group - Richmond Fellowship - Waddington Street Centre - Framwellgate Leek Association - Framwellgate and Newton Hall WI - St Margaret’s Allotment Association - Hospital of God - Kromek Group PLC - I.M.P.A.C.T. - Durham City Methodists - St Cuthbert’s Catholic Church - Keith Hall Electrical Contractor - Overbury PLC - Believe Housing - Cygnet Group - Anne Black - Graeme Morgan - Cloe Sparrow - Swinburne Maddison LLP - North East Dance - MAIN - • Stamp It Out St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 12 This has been another year of growth and development for St. Margaret’s Centre, albeit against a background of increasing financial pressures. We have seen a strong growth in our volunteer support across all areas of the Centre and I am extremely grateful to them for their valued commitment. Sadly, I announce the retirement of Trustees Tony Walker and Paul Jefferson. Tony was a founder member of St Margaret’s Centre and without the work of him and other founder members, the Charity would not be in the strong position it is in today. Paul has been a dedicated Trustee and Vice Chair for a number of years now. Both have been of immense support to St. Margaret’s Centre and to me personally and will be greatly missed. I am pleased to announce the appointment for new Trustees Felicity Mitchell, Lizzie Hare and Erica Jones, all of whom are already making a valuable contribution to the Trustee Board and to our fundraising activities. We continue to seek new funding sources from different grant providers, as well as diversifying our income-generating activities to develop sustainable sources of funding to secure the charity’s future. Finally, my grateful thanks go to our patrons, staff, fellow trustees and generous donors without whom we would not be able to operate. Peter Thompson Chair of Trustee Board St Margaret’s Centre, Registered Charity Number 1160900 – Annual Report 2023-24 Patron: Dr Arnab Basu MBE 13 Charity Registration Number: 1160900 St Margaret's Centre Financial Statements For the Year Ending 31 March 2024 JANE ASCROFT ACCOUNTANCY LIMITED Chartered Accountants Enterprise HoLJse Harmire Enterprise Park Barnard Castle County Durham DL12 8XT St Margaret's Centre Finan¢lal Statements Year Ended 31 March 2024 Page Trustees, Annual Report Independent Examiner's Reporl lo the Trustees Statement of Financial Activilies Statement of Financial Position Notes to th8 Financial Statements The Following Pages Do Not Form Part of Ihe Flnanclal Statements Detailed Statement of Financial Activities 17 St Margaret's Centre Trustees. Annual Report Year Ended 31 March 2024 The trustees present Iheir report and the unaudited financial statements of the charily for the year ended 31 March 2024. Chair's re ort This has been another year of growth and development for St. Margaret's Centre, albeit against a background of increasing financial pressures. We have sean a strong growth in our volunteer support across all areas of the Centre and l am extremely graleful to Ihem for their valued commitment. Sadly, l announce the retiremenl of Trustees Tony Walker and Paul Jefferson. Tony was a founder member of St Margaret's Centre and wilhoul Ihe work of him and other founder members, the Charity would not be in the strong position it is in today. Paul has been a dedicated Trustee and Vice Chair for a number of years now. Both have been of immense support to St. Margaret's Centre and lo me personally and will be greatly missed. l am pleased to announce the appointment for new Trustees Felicity Mitchell. Lizzie Hare and Erica Jones, all of whom are already making a valuable Contribution lo the Trustee Board and to our fundraising aclivilies. We continue to seek new funding sources from different grant providers, as well as diversifying our income-generaling activities lo develop sustainable sources of funding to secure the charity's future. Finally, my grateful thanks go lo our patrons, staff, fellow Iruslees and generous donors wilhout whom w& would not bè able to operate. Peter Thompson Chair of Trustee Board Ob ectlves and Alms The principal activity of the charily is the provision of day centre facilities lo support people with mental health problems in Durham. The Centre is used by mofe than 100 different people every week and is becoming increasingly popular as a health care facility. Public benefit In setting plans and priorities for areas of work, the Trustees of St Margaret's Centre have had regard lo the guidance from the Charity Commission on the provision of public benefit. In particular, the Trustees consider how planned activities contribute to meeting the objectives sel. How Sl Margaret's Centre delivers ils principal charitable aclivilies, as sel out in ils governing document, is demonstrated in the 'objeclives and aims, statement above. The public benefit arising from St Margaret's Centre's work is, therefor8. implicit services provided to people with mental health issues. Achlevements and Performance See Chair's Report for more details St Margaret's Centre Trustees. Annual Report fconllnuèd) Year Ended 31 March 2024 Financial Review The Charity has made a surplus of £16,018 (2023 - deficit of £1,764) which leaves Ihe Charity with reserves of £185,342 (2023 £169,324}. Principal funding sources The Charity relied subslanlially on Ihe fees paid by Durham County Council via the Durham Mental Wellbeing Alliance under the service level agreement which is received quarterly. Reserves poll¢y The management committee has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be the equivalent lo between six and twelve morilhs of the resources expended. At this level, the Trustees feel that they would be able lo continue the current activities in the event of a significant drop in funding. Structure Governance and Mana ement Governing document Charitable Incorporated Qrganisalion {CIOI conslilution, registered 16 March 2015. Change of Status to CIO Sl Margaret's Centre was registered with Ihe Charity Commission on 26 September 1994 under the charity number 1041128. In February 2015, the trustees resolved Ihal il would be beneficial lo establish a Charitable Incorporated Organisalion {CIO) and to transfer the operations and assets of St Margaret's Centre therelo. A constitution for the CIO was agreed by the existing Iruslees as applicants and the new St Margaret's Centre CIO was registered by the Charity Commission on 16 March 2015 under the name 'St Margaret's Centre, with the registered number 1160900. The operations and assets of St Margaret's centre were transferred to Sl Margaret's centre {Ihe new CIO} on 30 September 2015 and the old charity was removed from tho Charity Commission's register via Iransfer of funds, recorded on 02 December 2015. Recruitment and appointment of new trustees Up lo two trustees can be appointed under the terms of the Trust Deed by Waddington Street United Reformed Church, Sl Margaret's Church, Durham and Sl John's Church, Durham. St Margaret's Centre Trustees. Annual Report (contlnued) Year Ended 31 March 2024 Reference and Administrative Details Registered ¢harily name St Margaret's Centre Charity registration number 1160900 Prlncipal office The Trustees Mr J Woods Miss E Mccabe Mr T P Jefferson Mr D Welsh Mr P Thompson Mr A J Walker Mrs D Rowley-conwy Dr C Ramsden Ms A Stephenson Ms E Hare Ms E Jones Ms F A Mitchell (Appointed 4 September 2023} (Appointed 3 July 2023) (Appointed 3 July 2023) Independent Examlner Jane Ascroft FCA MA Icanlab) Enterprise House Harmire Enterprise Park Barnard Castle Counly Durham DL12 8XT The trustees. annual report was approved on Iruslees by.. l -J and sign8d on behalf of the board of ompson rustee ## **St Margaret's Centre** ## **Independent Examiner's Report to the Trustees of St Margaret's Centre** ## **Year Ended 31 March 2024** I report to the trustees on my examination of the financial statements of St Margaret's Centre ('the charity') for the year ended 31 March 2024. ## **Responsibilities and Basis of Report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements 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** Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. 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 charity as required by section 130 of the Act; or 2. the financial statements do not accord with those records; or 3. the financial statements 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. Jane Ascroft FCA MA (Cantab) Independent Examiner Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL 12 8XT **4** St Margaret's Centre Statement of Financial Activities Year Ended 31 March 2024 2024 Restricted funds Total funds 2023 UnreslriGled funds Total funds Note Income and endowments Donations and legacies Charitable activities Olher trading activities Investment income Other incom8 6,194 193,660 10,951 1,518 5,000 6,194 256,565 10,951 1,518 5,000 7,009 267,789 3,287 835 3,903 62,905 Total income 217.323 62,905 280,228 282,823 Expendlture Expenditure on charitable a¢tivities Total expenditurè 9,10 201,305 62,905 264,210 284,587 201,305 62,905 264,210 284,587 Net incomel{expenditure} and net movemenl in funds 16,018 16,018 {1,764) Rèconciliation of funds Total funds brought forward Total funds carried forward 169,324 169,324 171,088 185,342 185,342 169,324 The slalemenl of financial activities includes all gains and losses recognised in the year. All income and expendilure derive from continuing aclivilies. The notes on pages 7 to 16 form part of these financial statements. St Margaret's Centre Statement of Financial Position 31 March 2024 2024 2023 Note Fixed Assets Tangible fixed assets 15 1,440 1,920 Current Assets Debtors Cash at bank and in hand 16 18,662 169,138 17,895 153,427 187,800 171,322 Credilors: amounts falling due within one year Net Current Assets 17 3,898 3,918 183,902 167,404 Tolal Assets Less Current Liabilities 185,342 169,324 Net Assets 185,342 169,324 Funds of the Charlty Unrestricted funds 185,342 169,324 Total charlty funds 19 185,342 169,324 These financial slalemenls were approved by the board of Iruslees and aulhorised for issue on and are signed on behalf of the board by: ompson Trustee I &u4S-, 6é The notes on pages 7 10 16 form part of these flnancial statements. St Margaret's Centre Notes to Ihe Financial Statements Year Ended 31 March 2024 General Information The charity is a public benefit entity and a registered charity in En9land and Wales and is unincorporated. The address of the principal office is The Old School, Mar98ry Lane, Durham, County Durham, DH14QJ. Statement of Compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 102} {Charities SORP (FRS 1021) and the Charities Act 2011. Accounllng Pollcles Basls of Preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going Concern There are no material uncertainties about the charity's ability to continue. Judgements and Key Sources of Estimation Uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions Ihal affect the amounts reported. These eslimales and judgamenls are continually reviewed and are based on experience and other factors, including expectations of fulure events that are believed to be reasonable under the circumstances. The trustees consider that there are no significant judgements or estimates affecting these financial statements. Fund Accounting Unreslricled funds are available for use at the discretion of Ihe trustees to fLtrther any of the charity's purpose5. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commilmenl. Reslricled funds are subjected to restrictions on Iheir expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes. restricted income funds or endowment funds. St Margaret's Centre Notes to the Financial Statements (Gontlnued) Year Ended 31 March 2024 Accounting Policies {¢onlinued) Income All income is included in the statement of financial activities when entitlement has passed to the charity. it is probable Ihal the economic benefits associated with Ihe transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipl is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impraGticle to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donaled facilities and services are recognised in the accounts when received if the value can be reliabily measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted seNice. This is classified as unrestricted funds unless there is a contractual requirement for il lo be spent on a particular purpose and returned if unspenl, in which case it may be regarded as restricted. Expendlture Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. èxpenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the salg of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neilher related lo raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting Ihe use of the resource. Direct costs allribulable to a single aclivity are allocated directly lo that aclivily. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consislenl basis. Tanglble Assets Tangible assets are initially recorded at cost, and subsequently slated at cost less any accumulated depreciation and impairment losses. St Margaret's Centre Notes to the Financial Statements (contlnued) Year Ended 31 March 2024 Accounting Policies (conllnuedj Depreciation Deprecialion is calGulaled so as to wrile off the Gosl or valuation of an asset, less its residual value. over Ihe useful economic life of that asset as follows: Buildings Plant and machinery Fixtures and fittings Computer Equipment Kitchen Equipment 20 % straight line 20°/o Straight line 15 % straight line 100 10 Straight line 20°/o Straight line Impalrment of Flxed Assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal al each reporting dale. Flnanclal Instruments The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their selllement value. Defined Contributlon Plans Contributions lo defined contribution plans are recognised as an expense in the period in which the related service is providèd. Prepaid Gonlributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When conlribulions are not expected lo be sellled wholly within 12 months of the end of the reporting dale in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the disGounl is recognised as an expense in the period in which it arises. Debtors Trade and other debtors are recognised al the settlement amount duo after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and lax recoverable is included at the best estimate of the amounts receivable at the balance sheet dale. Cash at Bank and In Hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. St Margaret's Centre Notes to the Flnancial Statements (Gontlnued) Year Ended 31 March 2024 Accounting Policies {conlinued) Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to settle Ihe obligation can be measured or estimated reliably. Creditors are normally recognised at Iheir selllement amount after allowing for any trade discounts due. Taxatlon The company is considered lo pass the tests sel 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 company 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 laxalion of Chargeable Gains Acl 1992. to the extent that such income or gains are applied exclusively lo charitable purposes. Donatlons and Legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donatlons Donations 6,194 6,194 7,009 7,009 Charitable Aclivities Unreslricled Funds Restricted Total Funds Funds 2024 Grants Durham Mental Wellbeing Alliance SLA funding Income from therapeutic work Courses held Community Cafe 62,905 62,905 163,812 13,261 3,508 13,079 163,812 13.261 3,508 13,079 193,660 62,905 256,565 Unrestricted Funds Restricted Total Funds Funds 2023 Grants Durham Mental Wellbeing Alliance SLA funding Spot Purchase funding Income from therapeulic work Covrses held Community Cafe 3,156 163,813 968 16,485 2,019 9,438 71.910 75,066 163,813 968 16.485 2,019 9,438 195,879 71.910 267,789 St Margaret's Centre Notes to the Flnanclal Statements (continued) Year Ended 31 March 2024 Other Trading Activities Unreslricled Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Schoolhouse Prinling and craft sales Fundraising income 214 415 10,322 214 415 10,322 535 694 2,058 535 694 2,058 10,951 10,951 3,287 3,287 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1,518 1,518 835 835 Other Income Unrestricted Total Funds UnrestriGled Total Funds Funds 2024 Funds 2023 Employment allowance 5,000 5,000 3,903 3,903 Expendlture on Charltable Activities by Fund Type Unreslricled Funds Restricted Total Funds Funds 2024 Care provision Support costs 104.543 96,762 62,905 167,448 96,762 201,305 62,905 264,210 Unrestricted Funds Restricted Total Funds Funds 2023 Care provision Support costs 121,684 92,493 70,410 192,094 92,493 214,177 70,410 284,587 11 St Margaret's Centre Notes to the Flnanclal Statements (Gontinued) Year Ended 31 March 2024 10. Expenditure on Charitable Activities by Aclivity Type Activities undertaken direclly Support costs Total funds 2024 Total fund 2023 Care provision Management Finance Governanc& cosls 167,448 167,448 61.469 34,537 756 192.094 60.081 31.626 786 61,469 34,537 756 167,448 96,762 264,210 284.587 11. Net IncornellExpenditure) Net incomel(expendilurel is slated after ¢hargingl{crediling)'. 2024 2023 Depreciation of tangible fixed assets 480 480 12. Independent Examlnation Fees 2024 2023 Fees payable lo the independenl examiner for.. Independent examination of the financial statements 756 750 13. Staff Costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security cosls Employer contributions lo pension plans 163,488 14,087 12,572 149,629 12.989 12.045 190,147 174,663 The average head count of employees during the year was 712023.. 7}. The average number of full-time equivalent employees during the year is analysed as follows, 2024 2023 Number of staff No employee received employee benefits of more than £60,000 during the year (2023.. Nil}. 14. Trustee Remuneration and Expenses There was no trustees, remuneration nor other benefits for th& current or previous year. There were no Iruslees, expenses paid for the current or previous year. 12 St Margaret's Centre Notes to the Flnan¢ial Statements (¢onlinued) Year Ended 31 March 2024 15. Tangible Fixed Assets Plant and Fixtures and Computer Kitchen Buildings machinery fittings Equipment Equipment Total Cost At 1 Apr 2023 and 31 Mar 2024 29,006 65,775 13.655 17.632 11,883 137,951 Depre¢lation At 1 Apr 2023 Charge for the year 29,006 63,855 13,655 17,632 11,883 136,031 480 480 At 31 Mar 2024 29,006 64,335 13,655 17,632 11,883 136,511 Carrying amount At 31 Mar 2024 1,440 1,440 Al 31 Mar 2023 1,920 1,920 16. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 17,683 976 17,895 18,662 17,895 17. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Pension creditor Other creditors 678 2,110 1,110 2,667 939 306 3,898 3,918 18. Penslons and Other Post Retirement Benéfits DefSned contrlbutlon plans The amount reGognised in income or expenditure as an expense in relation lo defined Gontribution plans was £12,57212023'. £12,045). 13 St Margaret's Centre Notes to the Financial Statements (Continued) Year Ended 31 March 2024 19. Analysis of Charitable Funds Unrestrl¢ted funds At l April 2023 At 31 March 2024 Income Expenditure Transfers General funds 169,324 217,323 (201,3051 185.342 Al 1 April 2022 Al 31 March 2023 Income Expenditure Transfers General funds 171,088 210,913 1214,177) 1,500 169,324 Restricted funds At 1 April 2023 Al 31 March 2024 Income Expenditure Transfers Hadrian Trust Hospital of God Barbour Foundalion Durham City AAP County Durham Community Foundation Poverty Hurts fund Shakespeare Temperance Trust Natwest Believe Housing Dunelm Foundation Edward Goslling Foundation 1,000 1,000 10,000 16,888 (1.000> (1,000> {10,000) (16,888> 10,000 (10,0001 2,000 2,000 8,517 1,500 12,000) 12,000} 18,517) 11,500} 10,000 110,000) 162.905) 62,905 Al 1 April 2022 At 31 March 2023 Income Expenditure Transfers Garfield Weston Foundation Edward Goslling Foundation CDCF NHS Connector CDCF Community Grant Ashley Family Foundation City of Durham Parish Council Rolhley Trust Durham City AAP 20,000 {20,000} 10,000 25,000 2,910 {10,000) {25,000} 12,9101 5,000 15,0001 3.000 1,000 5,000 11,5001 11,0001 15,0001 {70,4101 11,500) 71,910 11,5001 14 St Margaret's Centre Noles to the Flnancial Statements {eonlinued) Year Ended 31 March 2024 19. Analysis of Charitable Funds (contlnu¢dJ The purpose of the restricted funds is as follows- Hadrian Trust - Costs related to the Community Hub Hospital of God - Core costs Barbour Foundation - Core costs Durham City AAP - Costs related to the Community Hub CDCF Poverty Hurts fund - Supporl Worker salary Shakespeare Temperance Trust - Raw materials NatWest- Community Hub start-up costs Believe Housing - Costs related to the Community Hub and arl grant Dunelm Foundation - Workshop costs Edward Gostling Foundation - Core costs 20. Analysis of Net Assets Between Funds Unrestricted Tolal Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,440 187,800 (3,898) 185,342 1,440 187,800 (3,898) 185,342 Unreslricled Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1,920 170,447 {3,043) 169,324 1,920 170,447 13,043) 169,324 15 St Margaret's Centre Managemenl Information Year Ended 31 March 2024 The Following Pages Do Not Form Part of the Financial Statements. St Margaret's Centre Detailed Statement of Financial Activilies Year Ended 31 March 2024 2024 2023 Income and endowments Donations and legaGies Donations 6,194 7,009 Charitable activities Grants Durham Mental Wellbeing Alliance SLA funding Spot Purchase funding Income from therapeulic work Courses held Community Cafe 62,905 163.812 75,066 163.813 968 16.485 2,019 9,438 13.261 3,508 13.079 256,565 267,789 other trading aclivitles Schoolhouse Printing and craft sales Fundraising income 214 415 10,322 535 694 2,058 10,951 3,287 Investment Income Bank interest receivable 1,518 835 Other Income Employment allowance 5,000 3,903 Total Incorne 280,228 282,823 17 St Margaret's Centre Detalled Statement of Financial Aclivities (eontlnu8d) Year Ended 31 March 2024 2024 2023 Expenditure Expenditure on charitable activilies Wages Employerfs NIC Pension costs Rent Light, heal and water Repairs & renewals Insurance Travelling Equipment maintenance and purchases Materials Food purchases Cleaning Training costs 95,062 7,155 5,626 11,420 11,486 7,087 4.929 629 5.976 7.581 9,255 1,242 84,650 6,207 5,424 10,789 7,858 38,390 4,893 1,071 12,590 11,394 6,289 930 1,609 167.448 192,094 Management Wages Employer's NIC Pension costs Telephone Postage & slalionery Deprecialion Marketing & promotion Sundries DMWA Central Management Costs IT software and maintenance 39,424 4,185 4,158 2,476 1,204 38,424 4,255 4,077 1,865 1,168 11 480 240 321 7,179 1,802 480 415 383 7,179 1,835 61,469 60,081 Finance Wages Employer's NIC Pension costs 29,002 2,747 2,788 26,555 2,527 2,544 34,537 31,626 Governance costs Accountancy and legal fees 756 786 Total expendlture 264,210 284,587 Net Incomellexpendlturel 16,018 11,764) 18