REGISTERED COMPANY NUMBER: 08867700 IEngland and Wales) REGISTERED CHARITY NUMBER.. 1162051 Report of the Trustees and Unautllted Flnanclal Ststements for the Year Entled 31 March 2024 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 Mar¢h 2024 Page Report of the Trustees Independent Exzminer's Report statement of Financial Activities Balance Sheèt Notes to the Financial Statements 7 to 12 Detalled Statement of Flnanclal Artlvltles 13 to 14
SWANSIDE COMMUNITY CENTRE Report of the Trustee5 for the Year Ended 31 Mar¢h 2024 The trustee5 who are also directors of the charity for the purposes of the Companies Act 2(KJ6. present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recotnrnended Practice applicable to charities preparing their accounts in accord8nce with the Financial Reporting Standard 8pplicabl& in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. 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 5UStainable support for the community of Swanside. Achievements and performance Swan5ide has remained a vital Service in Knowsley throughout the 2024 year. The continued 5UPPOrt from the local council, local businesses and the local community has helped allow the centre continue its services. The centre wa5 5ucce5sful in securing further funding frorn the National Lottery and a150 the Neighbourhood Lottery. The funds have enabled th& centre to recruit various important roles to continue their services including 3 p13y coordinator, volunteer coordinator and caretaker. It has also helped contribute towards the centre manager's salary, utility bills and the day to day running costs of the charity. The Lottery funding and the new roles created has enabled Swanside to offer more free and paid plèces at children's before and after school groups. This supports working farnili@s in the community as well 8s families struggling with food poverty and hardship. Swanside secured further funding from Knowsley Council and which enabled the centre to continue their family groups, help with food costs and bring in a forestry school teacher to work outside their groups. Separate funding from the local Council has again secured the Winter Wellness and Hardship Funds which continues to support the community with food hampers, warm clothing and food vouchers. In the 2024 year, the centre mad& a real effort to focu5 on individua15 Struggling with the rise of energy and food prices. Swanside continued to support the community by offering help with food hardship, warm clothing and blankets, school uniform5. packed lunches, sign p05ting to relevant agencie5. chaperone Service. picking up prescriptions and hospital Swan5ide continue5 to have strong links with social services, local services, care hotnes, local schoo15 and families who may need extra support. It remains in good contacts with relevant agencies who signpost people in need to benefit from the centres services. Without the help and support of the centre's volunteers, local councillors and the local community, Swanside would not be able to fulfil its much needed services around the communitv. Publlc beneflt 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. FINANCIAL REVIEW Reserve5 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 time5 of reduced revenue5. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity 15 Controlled by its governing document. a deed of trust, and constitutes a limited company, limited by guarantee, 3s defined by the Companies Act 2006. Page I
SWANSIDE COMMUNITY CENTRE Report of the Trustee5 for the Year Ended 31 Mar¢h 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Recruitrnent and zppointment 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 3 re501ution of the other trustees. No external body is entitled to appoint trustee5. REFERENCE AND ADMINISTRATIVE DETAIL5 Registered Company number 08867700 (England and Wales) Re8lslered Charlty number 1162051 Regi51ered office Willoughby Road Huytron Liverpool Mer5eyside L14 6XA Trustees Mrs l Doyle Trustee Mrs M Edw8rds Treasurer Mrs J P Owens Trustee & Development Manager Mrs R J Ho118nd Trustee (resigned l.11.231 Ms D E Hannah Trustee Miss V J Scragg Trustee Independent Examiner utterworth Barlow Chartered Accountant5 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 tru5tee5 on 31 January 2025 and signed on its behalf by.. J f) Mrs l Doyle- Trustee Page 2
Independent Examiner's Report to the Trustees of Swanside Community Centre Independent examlner's report to the trustees of Swanslde Communlty Centre I'the Company'l I report to the charity trustees on my examination of the account5 of the Cornpany for the year ended 31 March 2024. Responsibilities and b35is of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirernents of the Companies Act 20061'the 2006 Act'l. 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 rny ex3mination of your charity's accounts as carried out under Section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Cornmission under Section 145151 Ibl 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 exarnination giving me cause to believe.. accounting record5 were not kept in respect of the Company as required by Section 386 of the 2006 Art., or the accounts do not accord with those records., or the account5 do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement th3t the accounts give a true and fair view which is not 3 matter considered 3S P3rt of an independent examination., or 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 lapplicable to charities preparing their accounts in accordance with the Fin3ncial Reporting Standard 8pplicable in the UK and Republic of Ireland IFRS 10211. 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 The Institute of Chartered Accountants in England and Wales Butterworth Barlow 10 Derby Street Prescot Merseyside L34 3LG 31 January 2025 Page 3
SWANSIDE COMMUNITY CENTRE Statement of Financial Activities for the Year Ended 31 Mar¢h 2024 31.3.24 Total fund5 31.3.23 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Don3tions and legacies 7,573 19S,146 202,719 160,818 Other trading activities 30,173 30,173 31,804 Total 37,746 195.146 232,892 192,622 EXPENDITURE ON Other l(K),938 131,834 232,772 177,553 NET INCOMEIIEXPENDITUREI Transfers between funds 163,1921 126.008 63,312 1126,0081 120 15,069 Net movement In funds 62,816 162.6961 120 15,069 RECONCILIATION OF FUNDS Total funds brought fOnard 74,111 91,476 165,587 150,518 TOTAL FUNDS CARRIED FORWARD 136,927 28,780 165,707 165,587 The Notes form part of these financial staternents Page 4
SWANSIDE COMMUNITY CENTRE Balance Sheet 31 Marth 2024 31.3.24 Total fund5 31.3.23 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS T3ngible assets 53,565 53,565 57,249 CURRENT ASSETS Cash at bank 93,469 28,780 122,249 112,353 CREDITORS Amounts falling due within one year 110,1071 110,1071 14,0151 NET CURRENT ASSETS 83,362 28,780 112,142 108,338 TOTAL ASSEfs LESS CURRENT LIABILITIES 136,927 28.780 165,707 165,587 NET ASSETS 136,927 28,780 165,707 165,587 FUNDS Unrestricted funds Restricted funds 136,927 28,780 74,111 91,476 TOTAL FUNDS 165.707 165,587 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The mernbers have not required the company to obtain an audit of it5 financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 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 5tatement5, so far as applicable to the charitable company. The Notes form part of these financial staternents Page 5 continued...
SWANSIDE COMMUNITY CENTRE Balance Sheet- continued 31 Marth 2024 These financial staternents 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 31 january 2025 and were Signed on it5 behalf by.. /1É4- Mrs J P Owens- Trustee J f) Mrs l Doyle- Trustee Mrs M Edw8rds- Trustee The Notes form part of these financial staternents Page 6
SWANSIDE COMMUNITY CENTRE Note5 to the Financial Statements for the Year Ended 31 Mar¢h 2024 ACCOUNTING POLICIES Basis of preparin8 the financial statements The financial 5tatement5 of the charitable company. which is a public benefit entlty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. St8tement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK 8nd Republic of Ireland IFRS 1021 (effective l January 20191., 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 reco8nised 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 amoLJnt of the obligation c3n be me3sured reliably. Expenditure is accounted for on 3n accruals basis 3nd has been classified under headings that aggregate all cost related to the category. Where costs cannot be dirertly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property Computer equipment 25% on cost, IO% on cost and 2% on cost 25% on cost Taxatlon The charity 15 exempt from corporation tax on its charitable activitie5. Fund atcounting Unrestrirted 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. Restrittions arise when specified by the donor or when funds are raised for particular restricted purp05e5. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Penslon costs and other post-retlrement beneflts The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 7 continued...
SWANSIDE COMMUNITY CENTRE Notes to the Financial Statement5- continued for the Year Ended 31 Mar¢h 2024 OTHER TRADING AcfiviTIES 31.3.24 31.3.23 Fundraising events Room hire Clubs and events 10,687 5,750 1,780 24,274 19,486 30,173 31,804 NET INCOMEIIEXPENDITUREI Net incomellexpenditurel is stated after charging/lcreditingl'. 31.3.24 31.3.23 Depreciation- owned asset5 3,684 6,783 TRUSTEES, REMUNERATION AND BENEFITS 31.3.24 31.3.23 Trustees, salaries 50,648 28,763 Trustees, expenses There were no tru5tees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS The average monthly number of ernployees during the year was as follows.. 31.3.24 31.3.23 Employee No employees received emoluments in excess of £60,000. Page 8 continued...
SWANSIDE COMMUNITY CENTRE Notes to the Financial Statement5- continued for the Year Ended 31 Mar¢h 2024 COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 160,818 160.818 Other trading activities 31,804 31,804 Total 31,804 160,818 192,622 EXPENDITURE ON Other 77,492 100,061 177,553 NET INCOMEJIEXPENDITUREI Transfers between funds 145,6881 52,103 60,757 152,1031 15.069 Net movement in funds 6.415 8,654 15,069 RECONCILIATION OF FUNDS Total funds brought forward 67,696 82,822 150,518 TOTAL FUNDS CARRIED FORWARD 74,111 91.476 165,587 TANGIBLE FIXED ASSETS Improvement5 to propertv Computer equipment Totals COST At l April 2023 and 31 March 2024 81,235 6,362 87,597 DEPRECIATION At l April 2023 Charge for year 25,139 3,081 5,209 603 30,348 3.684 At 31 March 2024 28,220 5.812 34,032 NBooKVALUE At 31 March 2024 53,015 550 53,565 At 31 March 2023 56,096 1,153 57,249 Page 9 continued...
SWANSIDE COMMUNITY CENTRE Notes to the Financial Statement5- continued for the Year Ended 31 Mar¢h 2024 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Social security and other taxes Other creditors 4,698 5,409 1,329 2,686 10,107 4.015 MOVEMENTIN FUNDS Net movement in fund5 Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 74,111 163,1921 126,008 136,927 Restricted funds Restricted fund 91,476 63,312 1126.0081 28,780 TOTAL FUNDS 165,587 120 165,707 Net movement in funds, included in the above are as follows.. Incoming re50urce5 Resources expended Movement in funds Unrestricted fund5 General fund 37,746 1100,9381 163,1921 Restricted funds Restricted fund 195,146 1131.8341 63,312 TOTAL FUNDS 232,892 1232,7721 120 Page 10 continued...
SWANSIDE COMMUNITY CENTRE Notes to the Financial Statement5- continued for the Year Ended 31 Mar¢h 2024 MOVEMENT IN FUNDS- contlnued Comparatives for movement in fvnds Net Transfers between funds movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 67,696 145,6881 52,103 74,111 Restrlcteil funds Restricted fund 82,822 60,757 152,1031 91.476 TOTAL FUNDS 150,518 15,069 165,587 Comparative net movement in funds, included in the above are as follows.. Incoming resokjrces Resources expended Movement in funds Unrestricted funds General fund 31,804 177,4921 145,6881 Restrl¢ted funds Restricted fund 160,818 1100.0611 60,757 TOTAL FUNDS 192,622 1177,5531 15,069 A current year 12 months and prior year 12 months combined p051tion is as ftsllows.. Net movernent in funds Transfer5 between funds At 31.3.24 At 1.4.22 Unrestrlrted funds General fund 67,696 1108,8801 178,111 136,927 Restricted funds Restricted fund 82,822 124,069 1178,1111 28,780 TOTAL FUNDS 150,518 15,189 165,707 Page 11 continued...
SWANSIDE COMMUNITY CENTRE Notes to the Financial Statement5- continued for the Year Ended 31 Mar¢h 2024 MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 69,550 1178,4301 1108,8801 Restrlcteil funds Restricted fund 355,964 1231,8951 124,069 TOTAL FUNDS 425,514 1410,3251 15,189 io. 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 organis3tion 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 c05tS such as gardening and window cleaning. Page 12
SWANSIDE COMMUNITY CENTRE Detailed Statement of Financial Activities for the Year Ended 31 Mar¢h 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and legacies Legacies Grants 7.573 195,146 160,818 202,719 160,818 Other trzding activities Fundraising events Room hire Clubs and events 10,687 5,750 1,780 24,274 19,486 30,173 31,804 Total incoming resources 232,892 192,622 EXPENDITURE other Event costs Food parcels & support 31,515 105,715 26,745 85,992 137,230 112,737 Support costs Management Trustees, salaries Wage5 Pensions 50,648 19,285 1,150 28,763 641 71,083 29,404 Finance Bank charges Improvements to property 245 3,684 60 6,784 3,929 6,844 Other Rates and water Carried forward 965 965 978 978 This page does not form part of the statutory financial statements Page 13
SWANSIDE COMMUNITY CENTRE Detailed Statement of Financial Activities for the Year Ended 31 Mar¢h 2024 31.3.24 31.3.23 Other Brought forward Insurance Light and heat Telephone Cleaning 8nd sundries Licences and subscriptions Property repairs Equipment for centre Accountancy 965 2,329 3,680 1.154 2,941 492 5,477 978 4,901 4,010 1,694 4,473 727 7,516 1,029 3,240 3,492 20,530 28,568 Total re50urce5 expended 232,772 177,553 Net incomè 120 15,069 This page does not form part of the statutory financial statements Page 14