Thorpe Community Centre CIO
Charity number 1162726
Annual Report and Financial Statements
for the year ended 31 March 2022
Thorpe Community Centre CIO
Annual Report and Financial Statements for the year ended 31 March 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 to 7 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Thorpe Community Centre CIO
Trustees' report for the year ended 31 March 2022
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position
Mr Raymond Laing Chair Mrs Margaret Foster Secretary Mrs Brenda Tunstall Treasurer Charity number 1162726 Registered in England and Wales
Charity number
Registered and principal address
20 Stanhope Gardens Thorpe Wakefield WF3 3DP
Bankers
Virgin Money 1 The Penny Hill Centre Church Street Hunslet Leeds LS10 2AP
Accountants West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) association formed on 17 Jul 2015.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
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Thorpe Community Centre CIO
Trustees' report (continued) for the year ended 31 March 2022
Objectives and activities
The charity's objects
The objects of the CIO are to further or benefit the residents of Thorpe metropolitan district of Leeds and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
In furtherance of these objects but not otherwise, the trustees shall have the power: to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance of such a centre for activities promoted by the charity in furtherance of the above objects.
The charity's main activities
Running a Community Centre.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular to provide facilities in interest of social welfare with a view to improving condition of life for residents.
Achievements and performance
We continued to run a food bank from the community centre. This meant that due to Environmental Health regulations we were only able to run that and a weekly coffee morning.
Financial review
The net receipts for the year was £141, including net payments of £188 on unrestricted funds and net receipts of £329 on restricted funds after transfers.
Reserves policy
The charity's free reserves, at the year end were £1,350.
The reserves that we have set aside provide financial stability and the means for the development of our principal activity. We intend to maintain our reserves at a level which is at least equivalent to our annual operating expenditure. In year 2022/3 we estimate our expenditure to be building back up to £1000 and funds will be kept to at least this figure. This will mean that there will never be a shortfall in funding available. We are as yet unable to set out a program of events for the coming year as we are in discussions with Leeds City Council Housing and Retirement Life on the way forward. Our position is nonetheless sound.
Approved by the board of trustees on 27/01/2023
Raymond Laing (Trustee)
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Thorpe Community Centre CIO Receipts and payments account for the year ended 31 March 2022
| Notes 2022 Unrestricted funds £ Receipts Grants and donations (2) 1,236 Coffee morning income - Food bank donations - Room Hire 150 Total receipts 1,386 Payments Gardening - Food bank expenses - Insurance 101 Licences 159 Children's parties 94 Food bank expenses 1,221 Total payments 1,574 Net receipts / (payments) (188) Fund balances brought forward 1,537 Fund balances carried forward (3) 1,350 |
2022 Restricted funds £ 1,050 244 - - 1,294 96 - 190 - - 679 965 329 3,925 4,254 |
2022 Total funds £ 2,286 244 - 150 2,680 96 - 291 159 94 1,900 2,539 141 5,462 5,604 |
2021 Total funds £ 100 65 1,776 - 1,941 4 1,466 290 156 - - 1,916 25 5,437 5,462 |
|---|---|---|---|
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Thorpe Community Centre CIO Statement of assets and liabilities
| as at 31 March 2022 2022 Unrestricted £ Cash funds Virgin Money - Thorpe in Bloom 1 Virgin Money - Coffee Morning 1 1,462 (114) Total cash funds 1,350 Virgin Money - Community Centre Food Bank cash |
2022 Restricted £ 782 2,571 901 - 4,254 |
2022 Total £ 783 2,572 2,363 (114) 5,604 |
2021 Total £ 879 2,327 2,383 (127) 5,462 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 27/01/2023
Raymond Laing (Trustee)
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Thorpe Community Centre CIO
Notes to the accounts
for the year ended 31 March 2022
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Thorpe Community Centre CIO
Notes to the accounts continued
for the year ended 31 March 2022
| 2 Grants and donation Leeds City Council (LCC running costs) LCC MICE Easter LCC Food Bank LCC HAP Insurance Food bank donations Other donations 3 Restricted funds Balance b/f £ Coffee Morning 2,327 LCC MICE Plants 870 Social Investment Development 720 LCC HAP - Gardening 8 LCC HAP - Insurance - LCC MICE Easter - LCC Foodbank - 3,925 |
2022 Unrestricted funds £ 100 - - - 1,013 123 1,236 Incoming £ 244 - - - 190 60 800 1,294 |
2022 Restricted funds £ - 60 800 190 - - 1,050 Outgoing £ - 88 - 8 190 - 679 965 |
2022 Total funds £ 100 60 800 190 1,013 123 2,286 Transfers £ - - - - - - - - |
2021 Total funds £ 100 - - - - - 100 Balance c/f £ 2,571 782 720 - - 60 121 4,254 |
|---|---|---|---|---|
Purpose of restriction
Fund name Purpose of restriction Coffee Morning For coffee morning activities including trips and events. LCC MICE Plants Towards the cost of running in bloom activities. Social Investment Development To cover legal, training and professional fees for setting up. LCC HAP - Gardening Towards gardening and 'In Bloom' activities. LCC HAP - Insurance Towards the cost of insurance. LCC MICE Easter Towards the cost of Easter eggs. LCC Foodbank Towards the cost of foodbank.
4 Trustee expenses
No trustee received any expenses during this year or the previous year.
5 Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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