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2023-03-31-accounts

GRENFELL CLUB

(A company limited by guarantee without share capital)

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] MARCH 2023

CHARITY NUMBER: 1162272

COMPANY NUMBER: 09255176

GRENFELL CLUB

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] MARCH 2023

The Trustees’ present their annual report and the unaudited accounts for the year ended 31[st] March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016) .

Reference and administrative information

Charity name GRENFELL CLUB
Charity registration number 1162272
Company registration number 09255176
Registered Office and Operational Address Grant Street
REDCAR
TS10 1RW
Trustees’ David Hamilton
Kevin Mudd Chair
Tina Hamilton
Shirley Hicks
David Dixon (Resigned 22 February 2023)
Manager Vanessa Stapley
Independent Examiner Mr J Gresham FCCA
Gresham and Gale
14 Fountain Street
Guisborough
TS14 6PP
Bankers Barclays Bank plc
Redcar Branch
The Tees Group (South)
Middlesbrough

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GRENFELL CLUB

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] MARCH 2023

Structure, governance and management

Governing Document

The charity is governed by its constitution.

Recruitment, appointment and training of Trustees

The trustees are recruited from a pool of individuals who support the organisation. Potential trustees are briefed by the manager and given copies of relevant policies and procedures and appropriate training of roles and responsibilities is carried out.

Risk management

The trustees constantly review the risks to which the charity is exposed and to this end they put in place systems and strategies to minimise those risks.

Organisational Structure

The trustees are responsible for the strategic objectives of the charity. The day to day running of the organisation is delegated to the manager who regularly reports to the trustees.

Related Parties

There are no related parties other than Trustees and their immediate family.

Objectives and Activities

The Grenfell Club is committed to the provision of a special place for people of varying abilities and age to develop social and communication skills through leisure activities. We do this by having a friendly staff team of staff and volunteers.

Our aims are:

Our objectives over the year have been to promote the use of the Grenfell Club for children, young people and adults with learning and physical disabilities within the Borough of Redcar and Cleveland.

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GRENFELL CLUB

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] MARCH 2023

Achievements and performance

Grenfell Club Chairs Report 22/23

Once again 22/23 has been a huge team effort from all the volunteers and staff. The Grenfell Club continues to run three sessions for over 18’s; a junior and teenage session; and a health and wellbeing session, supporting over 250 members their parents and carers.

Before the pandemic the trustee’s manager and staff took part in business studies and research to explore the idea of opening our own day service. Our members told us they wanted a day service from the Grenfell ran by the Grenfell.

At the beginning of 2023 we opened our day service. This service runs alongside our evening sessions and stays true to our core beliefs. Formerly putting the needs of our members first. Providing a personalised service to its members to learn new skills and enjoy the centre and pursue their interest in a safe and caring environment. Supported by a team of experienced and trained staff. This new provision has proved a great triumph and shows that when faced with new challenges our staff and volunteers delivered with integrity and dedication.

I must record my profound gratitude to my fellow trustees Dave Hamilton; Tina Hamilton; Shirley Hicks; Manager Samantha Sheperia; Session Leader Vanessa Stapley; and Deputy Session Leader Debbie Green. Who have been called upon to contribute well beyond the normal expectation because of the new service.

Leading the Grenfell into this new era our manager Samantha Sheperia decided to take early retirement. Sam has been part of the Grenfell club for over forty years. Sam has fought tirelessly for the Grenfell raising funds and managing staff and volunteers. We owe her a great debt of gratitude for the work she has done.

Sam has worked with Vanessa Stapley our new manager to ensure a smooth transition into Vanessa’s new role. Sam continues to provide support for Vanessa and staff. Vanessa has 20 years’ experience working at the club and in turn has supported Anita Colley taking over her role as Session Leader.

I know you will all wish Sam the very best in her retirement and continue to support Vanessa and Anita in their new roles.

We would also like to thank Sam for securing funding from the National Lottery, Children In Need, The Woodsmith Charity, Greggs and Local Access Redcar and Cleveland and Hartlepool.

The Grenfell Club carries on supporting our members to deal with the fallout from the pandemic and the costof-living crisis. Working with partners we make certain their well-being is our priority.

In reflection I must thank the full Grenfell staff team and volunteers who continue to provide essential care and support to our Grenfell family. It has been an honour to serve as your chair for 22/23.

Kevin Mudd Chairperson.

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GRENFELL CLUB

I report on the accounts of the company for the year ended 31[st] March 2023 which are set out on pages 7 to 14.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

Your attention is to drawn to the fact that the charity has prepared the accounts in accordance with 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 published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GRENFELL CLUB (continued)

In connection with my examination, no matter has come to my attention:

have not been met; or

Mr J Gresham Gresham and Gale Date

14 Fountain Street Guisborough TS14 6PP

5

GRENFELL CLUB

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31[st] MARCH 2023

2023 2022
Unrestricted Restricted Total Total
Note Funds Funds Funds Funds
£ £ £ £
INCOME
Income from charitable activities
Grants and donations 2 52,907 99,000 151,907 108,914
Income from other trading activities 3 53,459 - 53,459 39,671
Investment income 103 - 103 5
───── ───── ───── ─────
Total incoming resources 106,469 99,000 205,469 148,590
───── ───── ───── ─────
EXPENDITURE
Costs of raising funds 4 7,857 - 7,857 7,159
Expenditure on charitable activities 4 89,417 103,377 192,794 181,005
───── ───── ───── ─────
Total expenditure 97,274 103,377 200,651 188,164
───── ───── ───── ─────
Net expenditure 9,195 (4,377) 4,818 (39,574)
Transfers between funds - - - -
───── ───── ───── ─────
Net movement in funds 9,195 (4,377) 4,818 (39,574)
Fund balances brought forward 67,102 180,129 247,231 286,805
───── ───── ───── ─────
FUND BALANCES CARRIED FORWARD 10 76,297 175,752 252,049 247,231
════ ════ ════ ════

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GRENFELL CLUB

BALANCE SHEET

AS AT 31[st] MARCH 2023

2023 2022
Note £ £ £ £
FIXED ASSETS 5 172,464 177,369
CURRENT ASSETS
Stocks 1,127 1,127
Debtors 6 2,441 1,806
Cash at Bank and in Hand 79,497 75,915
───── ─────
83,065 78,848
CURRENT LIABILITIES
Creditors & Accruals 7 (3,480) (8,986)
───── ─────
79,585 69,862
───── ─────
NET ASSETS 252,049 247,231
════ ════
FUNDS 10
Unrestricted Funds
-General Funds 76,297 67,102
Restricted Funds 175,752 180,129
───── ─────
252,049 247,231
════ ════

For the year ending 31[st] March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The Financial Statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the Trustees on 16[th] October 2023 and signed on their behalf by

K Mudd ………………………………………………. Chair

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GRENFELL CLUB

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The charity adopted SORP (FRS 102) in the current year but this has not affected the financial position or performance.

The accounts have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016)rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

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GRENFELL CLUB

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

Land and buildings - 50 years straight line
Plant and machinery - 25% straight line
Fixtures, fittings and equipment - 25% straight line

2. INCOME FROM CHARITABLE ACTIVITIES

Grants and donations

INCOME FROM CHARITABLE ACTIVITIES
Grants and donations
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Big Lottery - 99,000 99,000 83,000
Children in need 34,340 - 34,340 18,861
Woodsmith Foundation 4,800 - 4,800 -
University of Teesside 3,360 - 3,360 -
Tees Valley Grant 6,800 - 6,800 -
Sported Foundation 500 - 500 -
Sabic - - - -
Just giving - - - 2,965
Disability rights - - - 3,000
General donations & miscellaneous 3,107 - 3,107 1,088
───── ───── ───── ─────
52,907 99,000 151,907 108,914
════ ════ ════ ════
INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Door and trips monies and membership 17,169 - 17,169 10,632
Coffee bar 9,855 - 9,855 6,805
Rent receivable 23,254 - 23,254 21,140
Fundraising activities 3,181 - 3,181 693
Other income - - - 401
───── ───── ───── ─────
53,459 - 53,459 39,671
════ ════ ════ ════

3. INCOME FROM OTHER TRADING ACTIVITIES

Of total income of £205,469 (2022: £148,590), £99,000 was credited to restricted funds (2022: £83,000) and £106,469 was credited to unrestricted funds (2022: £65,590).

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GRENFELL CLUB

NOTES TO THE ACCOUNTS

4. TOTAL EXPENDITURE

Costs of Charitable 2023 2022
Raising Activities Total Total
Funds
Directly Allocated Costs £ £ £ £
Activities & outings - 7,186 7,186 7,147
Canteen costs 7,857 - 7,857 7,159
Depreciation - 4,905 4,905 4,905
Salaries and costs - 124,257 124,257 116,248
Office expenses - 29,545 29,545 24,760
Establishment expenses - 26,901 26,901 27,945
______ ______ ______ ______
7,857 192,794 200,651 188,164
______ ______ ______ ______

Governance costs were £1,566 (2022 £1,573 relating to Independent Examiner’s Fee and related accountancy charges.

Of total expenditure of £200,651 (2022: £188,164), £103,377 was charged to restricted funds (2022: £87,377) and £97,274 was charged to unrestricted funds (2022:£100,787).

5. TANGIBLE FIXED ASSETS

COST
At 1stApril 2022
Addition
At 31stMarch 2023
DEPRECIATION
At 1stApril 2022
Charge for year
At 31stMarch 2023
NET BOOK VALUE
At 31stMarch 2023
At 31stMarch 2022
Freehold
Plant &
Fixtures
Land &
Machinery
Fittings &
Buildings
Equipment
Total
£
£
£
£
218,854
19,120
39,913
277,887
-
-
-
-
_____
218,854
19,120
39,913
277,887
_____
43,070
19,120
38,328
100,518
4,377
-
528
4,905
_____
47,447
19,120
38,856
105,423
_____
171,407
-
1,057
172,464
________
175,784
-
1,585
177,369

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GRENFELL CLUB

NOTES TO THE ACCOUNTS

6. DEBTORS

Other debtors and prepayments
7.
CREDITORS
Amounts falling due within one year
Social Security and other taxes
Accruals and deferred income
2023
£
2,441
_
2,441
════
2023
£
1,881
1,599
_
3,480
_____

2022
£

1,806
_

1,806
════
2022
£
4,593
4,393
_
8,986
_____

8. EMPLOYEE EMOLUMENTS

There were no employees whose remuneration defined for taxation purposes amounted to greater than £60,000.

2023 2022
£ £
Wages and Salaries 120,477 112,942
Social Security costs 1,979 1,745
Pension costs 1,801 1,561
───── ─────
124,257 116,248
════ ════

The average number of employees during the year was 12. (2022: 14)

9. TRUSTEE EXPENSES

No expenses were paid to Trustees in the year.

11

GRENFELL CLUB

NOTES TO THE ACCOUNTS

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Restricted
Unrestricted
Funds
Funds
£
£
Fixed assets
171,407
1,057
Net current assets
4,345
75,240
_
_
Total Net Assets
175,752
76,297
_
_
Total
£
172,464
79,585
_
252,049
_

11. MOVEMENT IN FUNDS

Opening Incoming Resources Transfers Closing
balance Resources Expended Balance
£ £ £ £ £
Restricted Funds
The Grenfell Club Building 175,784 - (4,377) - 171,407
Big Lottery - 99,000 (99,000) - -
RCBC Social Media 4,345 - - - 4,345
______ ______ ______ ______ ______
Total Restricted Funds 180,129 99,000 (103,377) - 175,752
Unrestricted Funds
General Funds 67,102 106,469 (97,274) - 76,297
______ ______ ______ ______ _____
Total Funds 247,231 205,469 (200,651) - 252,049
══════ ══════ ══════ ════ ════

Transfers

Transfers relate to equipment and buildings purchased out of restricted or designated funds which can then be transferred to general funds, and amounts transferred out of general funds to supplement the funding for projects.

12

GRENFELL CLUB

NOTES TO THE ACCOUNTS

12. PURPOSES OF FUNDS

Restricted Funds

The Grenfell Club Building

On 22[nd] February 2012, the charity moved into the purpose built building at Grant Street. This land and building was previously transferred to the charity from Redcar and Cleveland Council as part of an agreement whereby the Grenfell Club granted the Council the right to purchase the land and building for £1 in the event that the Charity fails to use and keep open the property for the authorised use for any period in excess of 4 months during the perpetuity period.

Big Lottery

This funding is to cover the costs of the charity in providing a place for people of varying abilities and age to develop social and communication skills through leisure activities including junior and senior social clubs in the evening.

General Funds

General funds can be used by the trustees at their discretion to fulfil the charity’s objects.

13