**REGISTERED COMPANY NUMBER: 08867700 (England and Wales) REGISTERED CHARITY NUMBER: 1162051**
## **Report of the Trustees and**
## **Unaudited Financial Statements for the Year Ended 31 March 2022**
## **for**
## **SWANSIDE COMMUNITY CENTRE**
Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Liverpool Merseyside L34 3LG
**SWANSIDE COMMUNITY CENTRE**
**Contents of the Financial Statements for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|13|
|**Detailed Statement of Financial Activities**|14|to|15|
**SWANSIDE COMMUNITY CENTRE**
**Report of the Trustees for the Year Ended 31 March 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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 support the community of Swanside in developing social interaction, play, learning and physical activity. To provide a meeting place for the development of ideas that improve the community of Swanside. To create long term sustainable support for the community of Swanside.
## **Achievements and performance**
Yet another brilliant year for Swanside.
As the restriction's lifted, clubs and groups were able to reopen and the impact has been fantastic. Listening to people's journey through COVID19 and realising how much they have missed has been clear how much people of the community rely upon the services of Swanside.
In July 2021 the centre was hit with the news that the unusual hot weather had caused a fire in the sensory garden. This had a devastating impact to the whole community. The log cabin was burnt to the ground as were all of the plants, trees and surrounding area. We couldn't believe how the community gathered together and offered support. Families quickly started raising funds, local schools raised money for plants, local children had garden sales and donated the funds. Lots of local businesses donated items to renew the area and many local volunteers helped clear the area. The whole community pulled together and in January 2022 the new log cabin built. Both the trustee's and the community were delighted. Swanside was lucky enough to secure funding from the local council with a 'Recovery from COVID19' grant. This made an enormous difference to many people's lives by allowing them to 'put their lives back together'. The centre continued to carry out breakfast club, but this funding allowed them to reach even more families and support more children with a healthy breakfast as well as paying for sessional workers. Also new to this year was an afterschool activities club to support families and children with healthy food and interaction with the community. This has all been an enormous success and will continue. The groups for elderly people have grown bigger by the week, and members have quoted 'it gives them a reason to get up in the morning' attending these clubs.
The Centre was also successful in securing funding from the local council's Hardship Fund, which has allowed them to support the most vulnerable in the community with food vouchers and essentials. This again has made a huge impact on people's lives in the current living climate.
There has been many positives to this year, firstly Swanside won a competition for a new kitchen enabling the Centre with better resources to keep up with the hot meals and food parcels for the community. Secondly, a local resident who attended the Centre's youth club many years ago contacted Swanside wanting to donate from his business. He donated a van with the Swanside logo on the side allowing the Centre to carry on supporting people in their own homes with meals and also pick up essentials for the Centre. He also donated towards the cost of new safe flooring in the sensory garden which replaced the one that was burnt in the fire.
Swanside are extremely grateful all of the support that we have received from our community, local councils, local businesses and local schools.
## **Public benefit**
The trustees can confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the charity commission in exercising their powers or duties.
Page 1
**SWANSIDE COMMUNITY CENTRE**
**Report of the Trustees for the Year Ended 31 March 2022**
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees aim to hold an amount in reserves at least equal to six months running costs of the centre to maintain operations in times of reduced revenues.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
Trustees are recruited based on skills according to the needs of the charity assessed by the existing trustees. Trustees must be appointed by a resolution of the other trustees. No external body is entitled to appoint trustees.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
08867700 (England and Wales)
## **Registered Charity number**
1162051
## **Registered office**
Willoughby Road Huyton Liverpool Merseyside L14 6XA
## **Trustees**
Mrs I Doyle Trustee Mrs M Edwards Treasurer Mrs V M Kelly Secretary Mrs J P Owens Trustee & Development Manager Mrs R J Holland Trustee
## **Independent Examiner**
Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Liverpool Merseyside L34 3LG
## **FUNDS HELD AS CUSTODIAN FOR OTHERS**
No funds or assets are held as custodian for others.
Approved by order of the board of trustees on 21 December 2022 and signed on its behalf by:
Page 2
**SWANSIDE COMMUNITY CENTRE**
**Report of the Trustees for the Year Ended 31 March 2022**
Mrs I Doyle - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Swanside Community Centre**
## **Independent examiner's report to the trustees of Swanside Community Centre ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Butterworth Barlow Institute of Chartered Accountants in England & Wales Butterworth Barlow 10 Derby Street Prescot Merseyside L34 3LG
21 December 2022
Page 4
## **SWANSIDE COMMUNITY CENTRE**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
**----- Start of picture text -----**
31.3.22 31.3.21
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,371 125,558 126,929 72,327
Other trading activities 2 29,670 890 30,560 12,265
Total 31,041 126,448 157,489 84,592
EXPENDITURE ON
Other 64,600 74,344 138,944 84,388
NET INCOME/(EXPENDITURE) (33,559) 52,104 18,545 204
Transfers between funds 9 24,499 (24,499) - -
Net movement in funds (9,060) 27,605 18,545 204
RECONCILIATION OF FUNDS
Total funds brought forward 76,756 55,217 131,973 131,769
TOTAL FUNDS CARRIED FORWARD 67,696 82,822 150,518 131,973
**----- End of picture text -----**
The notes form part of these financial statements
Page 5
## **SWANSIDE COMMUNITY CENTRE**
## **Balance Sheet 31 March 2022**
**----- Start of picture text -----**
31.3.22 31.3.21
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 7 58,574 - 58,574 60,029
CURRENT ASSETS
Cash at bank 11,249 82,822 94,071 73,762
CREDITORS
Amounts falling due within one year 8 (2,127) - (2,127) (1,818)
NET CURRENT ASSETS 9,122 82,822 91,944 71,944
TOTAL ASSETS LESS CURRENT LIABILITIES 67,696 82,822 150,518 131,973
NET ASSETS 67,696 82,822 150,518 131,973
FUNDS 9
Unrestricted funds 67,696 76,756
Restricted funds 82,822 55,217
TOTAL FUNDS 150,518 131,973
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
**Balance Sheet - continued 31 March 2022**
## **SWANSIDE COMMUNITY CENTRE**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 December 2022 and were signed on its behalf by:
Mrs J P Owens - Trustee
Mrs I Doyle - Trustee
Mrs M Edwards - Trustee
The notes form part of these financial statements
Page 7
**SWANSIDE COMMUNITY CENTRE**
**Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, 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 Companies Act 2006. 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.
Improvements to property - 25% on cost, 10% on cost and 2% on cost Computer equipment - 25% on cost
## **Taxation**
The charity is exempt from corporation 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.
continued...
Page 8
**SWANSIDE COMMUNITY CENTRE**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **2. OTHER TRADING ACTIVITIES**
**----- Start of picture text -----**
||||
|---|---|---|
|31.3.22|31.3.21|
|£|£|
|Fundraising events|12,320|9,303|
|Room hire|2,740|510|
|Clubs and events|15,500|2,452|
|30,560|12,265|
|3.|NET INCOME/(EXPENDITURE)|
|Net income/(expenditure) is stated after charging/(crediting):|
|31.3.22|31.3.21|
|£|£|
|Depreciation - owned assets|6,340|5,609|
|4.|TRUSTEES' REMUNERATION AND BENEFITS|
|31.3.22|31.3.21|
|£|£|
|Trustees' salaries|25,784|25,563|
**----- End of picture text -----**
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
**----- Start of picture text -----**
||||
|---|---|---|
|31.3.22|31.3.21|
|Employee|1|1|
**----- End of picture text -----**
No employees received emoluments in excess of £60,000.
continued...
Page 9
## **SWANSIDE COMMUNITY CENTRE**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
13,650
58,677
Other trading activities
12,265
-
**Total**
25,915
58,677
**EXPENDITURE ON**
Other
34,529
49,859
**NET INCOME/(EXPENDITURE)**
(8,614)
8,818
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
85,370
46,399
**TOTAL FUNDS CARRIED FORWARD**
76,756
55,217
**7.**
**TANGIBLE FIXED ASSETS**
Improvements
to
Computer
property
equipment
£
£
**COST**
At 1 April 2021
72,367
4,887
Additions
3,668
1,217
At 31 March 2022
76,035
6,104
**DEPRECIATION**
At 1 April 2021
14,364
2,861
Charge for year
4,814
1,526
At 31 March 2022
19,178
4,387
**NET BOOK VALUE**
At 31 March 2022
56,857
1,717
At 31 March 2021
58,003
2,026|Total
funds
£
72,327
12,265
84,592
84,388
204
131,769
131,973
Totals
£
77,254
4,885
82,139
17,225
6,340
23,565
58,574
60,029|
|---|---|
continued...
Page 10
## **SWANSIDE COMMUNITY CENTRE**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Social security and other taxes
Other creditors
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|Net
movement
At 1.4.21
in funds
£
£
76,756
(33,559)
55,217
52,104
131,973
18,545
s follows:
Incoming
resources
£
31,041
126,448
157,489|31.3.22
31.3.21
£
£
1,131
822
996
996
2,127
1,818
Transfers
between
At
funds
31.3.22
£
£
24,499
67,696
(24,499)
82,822
-
150,518
Resources
Movement
expended
in funds
£
£
(64,600)
(33,559)
(74,344)
52,104
(138,944)
18,545|
|---|---|---|
## **9. MOVEMENT IN FUNDS**
continued...
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**SWANSIDE COMMUNITY CENTRE**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **9. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund||Net
movement
At
At 1.4.20
in funds
31.3.21
£
£
£
85,370
(8,614)
76,756
46,399
8,818
55,217|
|---|---|---|
|**TOTAL FUNDS**||131,769
204
131,973|
|Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
**Unrestricted funds**
General fund
25,915
(34,529)
(8,614)
**Restricted funds**
Restricted fund
58,677
(49,859)
8,818|||
|**TOTAL FUNDS**||84,592
(84,388)
204|
|A current year 12 months and prior year 12 months combined position is as follows:
Net
Transfers
movement
between
At
At 1.4.20
in funds
funds
31.3.22
£
£
£
£
**Unrestricted funds**
General fund
85,370
(42,173)
24,499
67,696
**Restricted funds**
Restricted fund
46,399
60,922
(24,499)
82,822|||
|**TOTAL FUNDS**|131,769|18,749
-
150,518|
continued...
Page 12
**SWANSIDE COMMUNITY CENTRE**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **9. 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:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|Incoming
resources
£
56,956
185,125
242,081|Resources
Movement
expended
in funds
£
£
(99,129)
(42,173)
(124,203)
60,922
(223,332)
18,749|
|---|---|---|
## **10. RELATED PARTY DISCLOSURES**
## **MALVERN MUMS**
Malvern Mums are a not for profit community organisation consisting of the centre's Trustees and other community volunteers.This organisation runs the centre's kids and youth clubs, receiving the attendance fees and paying the running costs.
Malvern Mums pays for room hire in order to run the clubs on an 'arms length' basis. Malvern Mums also make a contribution to the centre's running costs such as gardening and window cleaning.
Page 13
**SWANSIDE COMMUNITY CENTRE**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
**Other trading activities**
Fundraising events
Room hire
Clubs and events|31.3.22
£
126,929
12,320
2,740
15,500|31.3.21
£
72,327
9,303
510
2,452|
|---|---|---|
||30,560|12,265|
|**Total incoming resources**
**EXPENDITURE**
**Other**
Event costs
Food parcels & support|157,489
21,894
59,475|84,592
2,486
29,648|
|**Support costs**
**Management**
Trustees' salaries
**Finance**
Interest on overdue tax
Improvements to property|81,369
25,784
8
6,339|32,134
25,563
-
5,610|
||6,347|5,610|
|**Other**|||
|Rates and water|703|1,105|
|Insurance|2,410|2,110|
|Light and heat|3,180|4,207|
|Telephone|1,260|856|
|Cleaning and sundries|5,935|6,211|
|Licences and subscriptions|432|401|
|Property repairs|8,198|4,031|
|Carried forward|22,118|18,921|
This page does not form part of the statutory financial statements
Page 14
**SWANSIDE COMMUNITY CENTRE**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
**----- Start of picture text -----**
31.3.22 31.3.21
£ £
Other
Brought forward 22,118 18,921
Equipment for centre 626 -
Accountancy 2,700 2,160
25,444 21,081
Total resources expended 138,944 84,388
Net income 18,545 204
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 15