## Thorpe Community Centre CIO
Charity number 1162726
# Annual Report and Financial Statements
for the year ended 31 March 2023
## Thorpe Community Centre CIO
Annual Report and Financial Statements for the year ended 31 March 2023
|**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**
1
## Thorpe Community Centre CIO
## Trustees' report for the year ended 31 March 2023
## **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 Dates**
**Position Dates** 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.
2
## Thorpe Community Centre CIO Trustees' report (continued) for the year ended 31 March 2023
## **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 closed our food bank in April 2022 due to dwindling numbers. We held coffee mornings, and a Christmas event and party. The primary school PTA also combined with us for events.
## **Financial review**
The net receipts for the year were £640, including net receipts of £173 on unrestricted funds and net receipts of £467 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, at the year end were £1,515.
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 2023/4 we estimate our expenditure to be in the region of £1,000 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. We are currently looking at, with the council, having our kitchen and toilets updated.
Approved by the board of trustees on 02/10/2023
Raymond Laing (Trustee)
3
## Thorpe Community Centre CIO Receipts and payments account for the year ended 31 March 2023
|Notes
2023
Unrestricted
funds
£
**Receipts**
Grants and donations
(2)
580
Coffee morning income
-
Room Hire
150
**Total receipts**
730
**Payments**
Gardening
-
Insurance
290
Licences
160
Children's parties
-
Food bank expenses
107
Return of OSHAP Grant
-
Event and activities
-
Trips
-
Printing, postage and stationery
-
Refreshments and Cleaning
-
**Total payments**
557
**Net receipts / (payments)**
173
**Fund balances brought forward**
1,350
**Fund balances carried forward**
(3)
1,515|2023
Restricted
funds
£
-
1,472
-
1,472
70
-
-
-
-
129
315
200
62
229
1,005
467
4,254
4,729|2023
Total
funds
£
580
1,472
150
2,202
70
290
160
-
107
129
315
200
62
229
1,562
640
5,604
6,244|2022
Total
funds
£
2,286
244
150|
|---|---|---|---|
||||2,680|
||||96
291
159
94
1,900
-
-
-
-
-|
||||2,539|
||||141
5,462|
||||5,604|
4
## Thorpe Community Centre CIO Statement of assets and liabilities
|Statement of assets and liabilities
Thorpe Community Centre CIO||||
|---|---|---|---|
|as at 31 March 2023
2023
Unrestricted
£
**Cash funds**
Virgin Money - Thorpe in Bloom
-
Virgin Money - Coffee Morning
-
Virgin Money - Community Centre
1,514
Cash in hand
-
**Total cash funds**
1,515
**Prepayments**
Insurance|2023
Restricted
£
713
3,297
720
-
4,729|2023
Total
£
713
3,297
2,234
-
6,244
2023
£
145
145|2022
Total
£
783
2,572
2,363
(114)|
||||5,604|
|||||
The financial statements were approved by the board of trustees on 02/10/2023
Raymond Laing (Trustee)
5
Thorpe Community Centre CIO Notes to the accounts continued for the year ended 31 March 2023
## **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.
## **2 Grants and donations**
|**Grants and donations**
Leeds City Council (LCC running costs)
LCC MICE Easter
LCC Food Bank
LCC HAP Insurance
Food bank donations
Other donations|2023
Unrestricted
funds
£
100
-
-
-
-
480
580|2023
Restricted
funds
£
-
-
-
-
-
-
-|2023
2022
Total
Total
funds
funds
£
£
100
100
-
60
-
800
-
190
-
1,013
480
123
580
2,286|
|---|---|---|---|
|**3 Restricted funds**
Coffee Morning
LCC MICE Plants
Social Investment Development
LCC MICE Easter
LCC Foodbank|Balance b/f
£
2,571
782
720
60
121
4,254|Incoming
£
1,472
-
-
-
-
1,472|Outgoing
£
746
70
-
60
129
1,005|Transfers
Balance c/f
£
£
-
3,297
-
712
-
720
-
-
8
-
8
4,729|
|---|---|---|---|---|
6
## Thorpe Community Centre CIO
## Notes to the accounts continued for the year ended 31 March 2023
## **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 MICE Easter Towards the cost of Easter eggs. LCC Foodbank Towards the costs of the foodbank. £129 was returned back as agreed with LCC. £8 was transferred from unrestricted to cover the surplus amount.
## **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.
7