__________________________________________________________________________________________________ **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: - To further or benefit the residents of and visitors to Southall and West London and the surrounding areas, without distinction of sex, sexual orientation, race or political, religious or other opinions by associating them together with the local authorities, voluntary and other organisations in a common effect to advance education and to provide facilities in the interests of social welfare for recreation and leisure with the objective of improving the conditions of life for the residents and visitor and their relatives and families. - To advance the Christian faith in accordance with the tenets of faith of the Church of England. - To promote religious harmony by, but not limited to, promoting inter-faith and multi-faith education, information, dialogue and communication thus overcoming any isolationism or misunderstanding among diverse religious groups. - To advance and develop the heritage of all communities represented in Southall and West London and the surrounding areas. - The promotion of regeneration in areas of social and economic deprivation and in particular in Southall and West London and the surrounding areas. _________________________________________________________________________________________________________________________ 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: - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. 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: - a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss 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 statements, so far as applicable to the company. 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: - **Basis of accounting** 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). - **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. - **Incoming resources** 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. - **Resources expended** 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