OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Company registration number: 09174464 Charity registration number: 1163083

THE KINGS CENTRE SOUTHALL

REPORT AND ACCOUNTS

FOR THE

YEAR ENDED 31st DECEMBER 2022

CONTENTS

Page 1 Legal and administrative information 2 Report of the trustees 4 Independent Examiner’s report 5 Statement of financial activities 6 Balance sheet 7 Notes on the financial statements

THE KINGS CENTRE SOUTHALL

LEGAL AND ADMINISTRATIVE INFORMATION

Charity name: The King’s Centre Southall Charity registration number: 1163083 Company registration number: 09174464 Registered office St John’s Vicarage Church Avenue Southall UB2 4DH. Trustees: Alma Patterson Sebastian Stephen Bathsheba Mall Administrator David Marsden Independent Examiners Gowers Limited The Old School House Bridge Road Hunton Bridge Kings Langley Herts WD4 8SZ

Page 1

THE KINGS CENTRE SOUTHALL

REPORT OF THE TRUSTEES

The directors submit their annual trustees report and financial statements of the company for the period 1st January 2022 to 31st December 2022.

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 13th August 2014 and registered as a charity on 11th August 2015. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and Appointment of Trustees

The directors of the company are charity trustees for the purpose of charity law and under the company’s Articles are also known as trustees. Under the requirements of the Memorandum and Articles of Association the Trustees are elected to serve for an indefinite period. Under the Companies Act 2006 any new directors must retire and offer themselves for re-election after one period. The trustees during the financial period were:

Alma Patterson Sebastian Stephen Bathsheba Mall

Organisational Structure

The trustees of the charity have close overview of its activities and meet regularly. Responsibility is delegated to the Administrator for many day-today functions.

Objective and Activities

The charity’s objectives and principal activities are to:

Page 2

THE KINGS CENTRE SOUTHALL

REPORT OF THE TRUSTEES

Achievements and Performance

2022 was a rollercoaster of a year for the Kings Centre. Having begun the year in the aftermath of hosting the national tenth anniversary celebrations for the Near Neighbours project, we spent the first half of 2022 dealing with the decision of government to cease funding for all its flagship community initiatives.

Our West London Near Neighbours Coordinator, Elizabeth Fewkes, was able to secure a new role working for TOC H, which is led nationally by Canon Paul Hackwood, the former Chief Executive of the Church Urban Fund, who was so instrumental in the founding of Near Neighbours in 2011. We are delighted for Elizabeth but sorry to have lost such a capable and trusted colleague. She went with our blessings in April.

Until April, we continued to run the Near Neighbours Programme for West London from the Kings Centre and Elizabeth was a highly effective Coordinator for eleven London boroughs in West London. We are grateful to her and to David Marsden who continued as administrator for us in uncertain and challenging circumstances.

We are thankful to our trustees: Sheba Mall and Seb Stephen, who have provided wisdom and support during times of financial scarcity as well as plenty. We are looking to recruit new trustees in addition to our Vicar, Anna, and existing trustees for the next stage of the journey.

In July, it was announced that we had been successful in our Strategic Development Fund bid, which will bring significant funding totalling £2.7 million over the next five years. It is a substantive investment by the Church of England in the Southall Group of Anglican Churches along with churches in North Hounslow, in conjunction with the Diocese of London, and will expand our training offer and will focus on discipleship and leadership training and learning.

We have committed to identify, train and nurture at least sixty lay leaders who will be representative of our multi-ethnic community; plant at least fifteen new congregations; and seek quantifiable social transformation in environmental change, social enterprise and active civic engagement.

We are especially thankful to our outgoing chair, Mark, for all his work in founding and developing the Kings Centre over many years. We wish him well in his new role leading the Bishop’s Mission Order to transform Southall and Hounslow.

The future of the Kings Centre is inextricably connected now to the vocation of St John’s Church as an intentionally intercultural Resource Church. Our journey together, by God’s grace, will be exciting and our learning to be shared beyond Southall for His Glory!

Responsibilities of the trustees

Company law requires the trustees to prepare financial statements for each financial period, which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on …………………… and signed on its behalf by:

Alma Patterson, Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE KINGS CENTRE SOUTHALL I report on the accounts for the year ended 31 December 2022 set out on pages 5 to 8. Respèrtlve responslbllitles of trustee$ 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 144121 of the Charitie5 Act 2011 (the 2011 Actll and that an independent exarnination is required. It Is my responsibility to: examine the accounts under Section 145 of the 2011 Act to follow the procedures lald down in the General Dlreaions given by the Charity Commlsslon (under Se¢tlon 14515llbl of the 2011 Act).. and to State whether particular matleis have come to my attentlon. Basls of the Independent examlner's report My examination was carried out in accordance with the General Directlons given by the Charity Commi5510n, An examination includes a review of the accounting records kept by the charlty and a comparlson of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5, and seekin8 explanations from you as trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audlt. and consequently no opinion 1$ given as to whether the accounts Present a 'true and fair view. and the report Is Ilmited to those matters set out In the statements below. Independeni examlner's statement In connetti¢n with my examlnatlon, no matter has come to my attentlon: whi¢h 8ives me reasonable cause to belleve that. In any materlal respect, the requlremènts to keep accountlng records in accordance with Section 130 of the 2011 Atl,. and to prepare accounts which accord with the accountln8 records and to comply wlth the accountin8 requlrements of the 2011 Act have not been met., or to which, In my opinion, attentlon should be drawn in order to enable a proper understanding ol the accounts to be reached. ev David M Green FCA Gowers Limited Chartered Accountants The Old School House Bridge Road Hunton Bridge Kings Langley Hert5 WD4 8SZ date P898 4

THE KINGS CENTRE SOUTHALL

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR FROM 1st JANUARY 2022 TO 31st DECEMBER 2022

Unrestricted
funds		 Designated
funds		 Restricted
funds		 Endowment
funds		 Total
funds		 Prior year
total funds
£ £ £ £ £ £
______________
Income and endowments from:
Income from charitable activities 240 — 26,005 — 26,245 86,927
Investments 174 — — — 174 4
Total income 414 — 26,005 — 26,419 86,931
Expenditure on:
Expenditure on charitable activities 1,097 — 32,011 — 33,108 111,996
Other expenditure 283 — 291 — 575 643
Total expenditure 1,981 — 32,303 — 34,284 112,640
Net income / (expenditure) resources before transfer (967) — (6,298) — (7,265) (25,709)
Transfers
Gross transfers between funds - in — — — — — 3,600
Gross transfers between funds - out — — — — — (3,600)
Other recognised gains / losses
Net movement in funds (967) — (6,298) — (7,265) (25,709)
Reconciliation of funds
Total funds brought forward 52,964 — 12,083 — 65,048 90,757
Total funds carried forward 51,997 — 5,785 — 57,783 65,048

There may be minor rounding discrepancies in the totals if the pence are not being shown

Page 5

THE KINGS CENTRE SOUTHALL

BALANCE SHEET

AS AT 31st DECEMBER 2022

AS AT 31st DECEMBER 2022
31st December 2022 31st December 2021
£ £
_____________________
Current assets
Cash at bank and in hand 57,783 65,648
57,783 65,648
Liabilities
Creditors: Amounts falling due in one year — 600
Net current assets less current liabilities 57,783 65,048
Total assets less current liabilities 57,783 65,048
Total net assets less liabilities 57,783 65,048
Represented by
Unrestricted
Unrestricted - General fund 51,998 52,964
Restricted
Restricted - Near Neighbours — 12,084
Restricted - Transforming Southall and Hounslow 5,785 —
Funds of the charity 57,783 65,048

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for year ended 31st December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

The financial statements were approved by the trustees on ……………………….. and were signed on its behalf by:

Alma Patterson, Trustee

There may be minor rounding discrepancies in the totals if the pence are not being shown

Page 6

THE KINGS CENTRE SOUTHALL

NOTES ON THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2022

1. Accounting policies

The following accounting policies have been used consistently in dealing with items which are considered material in relation to the company’s financial statements:

The financial statements have been prepared under the historical cost convention and 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)” (as amended for accounting periods commencing from 1 January 2019).

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.

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of legacies, grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates:

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

All costs are allocated between the expenditure categories of the statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis

2. Governance costs

Legal and professional fees includes £822 (2021: £840) in respect of fees paid in the period to the Independent Examiner.

3. COVID-19

In the opinion of the Trustees, despite the potential longer term effects of the COVID-19 outbreak, it is nonetheless considered that the Going Concern basis of the preparation of the financial statements remains appropriate. Similarly, in the opinion of the Trustees, no adjustments are required to the results or carrying values of assets or liabilities declared in these financial statements, and none have been made .

Page 7

THE KINGS CENTRE SOUTHALL

NOTES ON THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2022

______________ ______________ ______________ ______________ ______________ ______________ ______________
Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Income from charitable activities
I200 - Grants — — 26,005 — 26,005 82,577
I300 - Fees 240 — — — 240 4,350
Income from charitable activities 240 — 26,005 — 26,245 86,927
Totals
Investments
I900 - Bank interest 174 — — — 174 4
Investments Totals 174 — — — 174 4
Income and endowments 414 — 26,005 — 26,419 86,931
Grand totals
Expenditure
Expenditure on charitable activities
E100 - Staff salaries (10) — 25,081 — 25,071 42,886
E110 - Staff training & recruitment — — 98 — 98 —
E130 - Legal and professional fees 222 — 2,638 — 2,860 6,452
E200 - Office rent — — 1,800 — 1,800 1,800
E300 - Insurance 599 — — — 599 599
E320 - Maintenance & repairs — — — — — 33,385
E400 - Travel & subsistence — — 139 — 139 1,239
E420 - Event costs — — 541 — 541 23,870
E430 - Media & promotion — — 79 — 79 —
E440 - Office costs 86 — 1,635 — 1,721 1,766
E450 - Training costs 200 — — — 200 —
Expenditure on charitable 1,098 — 32,011 — 33,109 111,997
activities Totals
Other expenditure
E120 - Payroll 222 — 272 — 494 548
E500 - Bank charges 61 — 20 — 81 96
Other expenditure Totals 283 — 292 — 575 644
Expenditure Grand totals 1,381 — 32,303 — 33,684 112,641

There may be minor rounding discrepancies in the totals if the pence are not being shown

Page 8