2022-12-31-accounts - Farndon Community Trust

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

Trustees’ Annual Report for the period

From 1[st] January 2022 Period start date To 31[st] December 2022 Period end date

Charity name: Farndon Community Trust

Charity registration number: 1163372

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To maintain and manage Farndon Community Club for the benefit of the residents of Farndon and surrounding communities and in the interest of social welfare to provide for those residents facilities to advance educational recreational and leisure activities.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Please see Paragraph on main achievements of the Club below.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Public benefit was discussed at the Trustees meeting on 15th August and all the Trustees are aware of the principle of public benefit, understand its importance and consider it when making decisions.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	The Club would not be able to function without its volunteers, who are instrumental in the ongoing success of the Club. The volunteers are supportive of the Trustees and both groups of people work together well.

Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Community Club and its surroundings provided a sporting venue for several organisations in the village over the year including Walking Netball, Netball, Tennis, Football, Indoor bowls, Pilates, Karate, both Adults and Childrens Dance classes, Cycle clubs, training and a running event. The new MUGA was officially opened in September but came into use earlier in the year. It is used on a daily basis for a variety of sports. These all offer the opportunity for local residents to take part in physical activity and to meet likeminded people and is therefore important in maintaining the physical and mental wellbeing of local residents. The building had two rooms that could be hired out, the main hall and the smaller studio. The hire charges are used to help pay for the running costs of the hall. Over the year rooms were hired out for a variety of educational and social purposes. These included Craft sessions, Dog First Aid, Dog training, Bridge, Art classes, and our own Trustee Meetings and Events Committee Meetings. The venue provides a large and competitively priced location for hire for a number of larger social events over the year, making holding a party more affordable. These have included a wedding, many christenings and birthday parties, a wake, a ceilidh, monthly country music nights, a bingo night in conjunction with the local primary school’s PTA, Blues nights where acts were showcased from North America, and a modern Jive club. The Trustees and our volunteers also hosted several events over the course of the year in order to raise funds for the ongoing running costs of the Club, these included an Abba night, a viewing of a Rugby World Cup match, a fundraiser for Ukraine, Fair weather Fridays where local families come to the club to mix with

friends and enjoy a pizza and a drink together on summer evenings, a Jubilee party, a Family Fun Day and Beer Festival, and Bonfire Night fireworks and celebrations , together with four Car Boot Sales, and a Table Top Sale. The club was also host to a Cheshire Rural Touring Arts production. At nearly all of these events a bar is in operation in order to enhance the funds that are raised for our Charity. These large social events are a great opportunity for the village to come together and enjoy the Club and what it offers, they are well supported and enjoyed by the village. Over the course of the year the Trust were grateful to receive grant funding both from Cheshire West and Chester Council and the local Parish Council. A grant from the Big Lottery has greatly assisted with improvements to the building. Improvements have included upgraded shower and changing facilities, cavity wall insulation, the new heating system was completed, new ceilings, and provision of solar panels to the roof, all of which make the Club more sustainable. From the funds that the Club raised itself outdoor furniture has been replaced, and the bar received a facelift including a new glass washer and till.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A

other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	After coming out of covid restrictions in February, the Trustees voted to use some of the ringfenced balance to replace and upgrade our 3 bars, internal and external furniture, glass washer, till and floor cleaner. This is the reason for showing a £14,696 loss for the year but we still have a healthy bank balance going into 2023.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We hold £10,000 as an emergency fund to enable us to continue to meet our financial obligations for a period if the Club is unable to operate and obtain income. We are also accruing a sinking fund for the MUGA to cover the cost of replacing the playing surfaces and infrastructure in the future.
Amount of reserves held	Para 1.22	See above
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	At the end of the financial year there were no uncertainties, and the year ended at the Club with a lovely New Years Eve party for the Jive club. However very soon after this we became aware of a significant issue with the stability of the pitched roof over the main hall. As a result of this the main hall has had to be closed and therefore our income stream has reduced. At this point in time (August 23) the Trustees are trying to establish what work will need to be carried out to the roof and how to raise the necessary capital funds to meet this cost. The rest of the building is under a flat roof and can be used as usual.

Additional information (optional) You may choose to include further statements where relevant about:

- The charity’s principal sources of funds (including Para 1.47 any fundraising) - Investment policy and objectives including any Para 1.46 social investment policy adopted See above under uncertainties A description of the principal Para 1.46

risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust (Charitable Incorporated Organisation)
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Election by members or appointment

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	-
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	-
Relationship with any related parties	Para 1.51	-
Other

Reference and Administrative details

Charity name	Farndon Community Trust
Other name the charity uses
Registered charity number	1163372
Charity’s principal address	Farndon Community Club Sibbersfield Lane Farndon Chester CH3 6NX

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Deborah Molony	Chair
John Hillyer	Vice Chair
Alison Gresty		From 20.06.22
Dan Spry		From 24.01.22
HilaryWilliams	Secretary
Linda Twydell	Treasurer
Gillian Nove
Robert Gresty
Robert Caddy

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

K H Williams Signature(s) D M Molony Hilary Williams Full name(s) Deborah Molony Position (eg Secretary, Chair Secretary Chair, etc) Date 21.08.2023

FARNDON COMMUNITY TRUST - Summary Account to 31st December 2022		31st December 2021
OPENING BALANCE 1stJan 2022	£ 47,222	£ 29,243
INCOME	£ 20,165 £ 5,077 £ 7,110 £ 15,204 £ 532 £ 7,860 £ 6,457	£ 8,947 £ 17,297 £ 7,092 £ 5,253 £ 58 £ - £ 16,560
Bar Proft Grant and Donations Surplus on Events Hire Fees Bowlers Muga Other Income
TOTAL INCOME	£ 62,405	£ 55,207
EXPENDITURE	£ 2,605 £ 27,155 £ 189 £ 1,424 £ 4,000 £ 3,500 £ 2,630 £ 1,350 £ 960 £ 1,440 £ 20,747 £ 3,583 £ 306 £ - £ - £ - £ 7,212	£ 267 £ 12,933 £ 6,500 £ 3,600 £ 10,367 £ 3,560
Wages, Tax & NI. Premises Running Costs Other Expenditure Bowlers Muga Tfr to Muga Sinkfund Separate Bank Account Storage Room Table and chairs Floor Cleaner Glasswasher New till Bar reft Studio and bar ceiling Emergency Lighting Roof truss repairs New internal doors Heating/Air Con diference from invoice to grant SundryItems
TOTAL EXPENDITURE	£ 77,101	£ 37,227

SURPLUS FOR YEAR TO 31st December 2022	-£ 14,696	£ 17,980
FCT Barclays Main Bank A/C Cash foats Bar Stock REPRESENTING Working bal. for ongoing running costs Fireworks 2023 ringfenced Bowlers fund Ansvar Insurance retention ringfenced to be paid to Durham Lottery grant 10% Ringfenced Chair/Cooker fund Ring fenced for refurbishment of club Ring fenced Muga balance Ring fenced our part fnal invoice for heating Ring fenced FFC Farndon pitch hire Raise the roof fund Bar Stock	£ 29,948 £ 720 £ 1,858	£ 45,492 £ 820 £ 909
	£ 32,526	£ 47,221
	£ 10,000 £ 1,600 £ 401 £ 2,047 £ 647 £ 1,128 £ 10,139 £ 2,436 £ 2,000 £ 150 £ 120 £ 1,858	£ 10,000 £ 1,200 £ 58 £ 2,047 £ 33,007 £ 909
	£ 32,526	£ 47,221

Bowlers includes £58 from December 21 balance Lottery April £6,314 received for Cavity Wall Insulation Lottery June £9,600 received for Showers and Changing rooms Lottery £8,801 received for solar panels

Funds transferred to Barclays Muga Sinking Fund seperate Account incl £6 int £ 8,979

We have reviewed the above accounts with the records and explanations supplied to us and we believe the above accounts represent a true and fair view of the workings for the year.

C Roscoe FMAAT on behalf of Roscoe Accountants 9th March 2023

FARNDON COMMUNITY TRUST - Summary Account to 31st December 2022		31st December 2021
OPENING BALANCE 1stJan 2022	£ 47,222	£ 29,243
INCOME	£ 20,165 £ 5,077 £ 7,110 £ 15,204 £ 532 £ 7,860 £ 6,457	£ 8,947 £ 17,297 £ 7,092 £ 5,253 £ 58 £ - £ 16,560
Bar Proft Grant and Donations Surplus on Events Hire Fees Bowlers Muga Other Income
TOTAL INCOME	£ 62,405	£ 55,207
EXPENDITURE	£ 2,605 £ 27,155 £ 189 £ 1,424 £ 4,000 £ 3,500 £ 2,630 £ 1,350 £ 960 £ 1,440 £ 20,747 £ 3,583 £ 306 £ - £ - £ - £ 7,212	£ 267 £ 12,933 £ 6,500 £ 3,600 £ 10,367 £ 3,560
Wages, Tax & NI. Premises Running Costs Other Expenditure Bowlers Muga Tfr to Muga Sinkfund Separate Bank Account Storage Room Table and chairs Floor Cleaner Glasswasher New till Bar reft Studio and bar ceiling Emergency Lighting Roof truss repairs New internal doors Heating/Air Con diference from invoice to grant SundryItems
TOTAL EXPENDITURE	£ 77,101	£ 37,227

SURPLUS FOR YEAR TO 31st December 2022	-£ 14,696	£ 17,980
FCT Barclays Main Bank A/C Cash foats Bar Stock REPRESENTING Working bal. for ongoing running costs Fireworks 2023 ringfenced Bowlers fund Ansvar Insurance retention ringfenced to be paid to Durham Lottery grant 10% Ringfenced Chair/Cooker fund Ring fenced for refurbishment of club Ring fenced Muga balance Ring fenced our part fnal invoice for heating Ring fenced FFC Farndon pitch hire Raise the roof fund Bar Stock	£ 29,948 £ 720 £ 1,858	£ 45,492 £ 820 £ 909
	£ 32,526	£ 47,221
	£ 10,000 £ 1,600 £ 401 £ 2,047 £ 647 £ 1,128 £ 10,139 £ 2,436 £ 2,000 £ 150 £ 120 £ 1,858	£ 10,000 £ 1,200 £ 58 £ 2,047 £ 33,007 £ 909
	£ 32,526	£ 47,221

Funds transferred to Barclays Muga Sinking Fund seperate Account incl £6 int £ 8,979

We have reviewed the above accounts with the records and explanations supplied to us and we believe the above accounts represent a true and fair view of the workings for the year.

C Roscoe FMAAT on behalf of Roscoe Accountants 9th March 2023