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2023-09-30-accounts

REGISTERED COMPANY NUMBER: CE004642 (England and Wales) REGISTERED CHARITY NUMBER: 1163476

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

Page
Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9 to 10
Notes to the Financial Statements 11 to 19

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2023

TRUSTEES

TRUSTEES Mrs E J Bell Ms H J Shaw I P Somervaille CBE A R Sharpe (resigned 19.10.23) Ms A L Waddington-Feather Ms E A Gregory J N Davies CEng FICE M E Matthews M Haffenden Mrs J Robinson ACA BFP Mr R Jenkins (appointed 2.11.22) REGISTERED OFFICE 32 Caste Foregate Shrewsbury Shropshire SY1 2EH REGISTERED COMPANY CE004642 (England and Wales) NUMBER REGISTERED CHARITY 1163476 NUMBER INDEPENDENT EXAMINER TCA (Shrewsbury) LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SY1 1ED SOLICITORS Wace Morgan 21 St Mary's Street Shrewsbury SY1 1ED BANKERS CAF Bank Ltd - 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ Barclays Bank plc - 44/46 Castle Street, Shrewsbury, SY1 2BU CCLA Investment Management Ltd - Senator House, 85 Queen Victoria Street, London, EC4V 4ET

Page 1

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).

The Shrewsbury Christian Centre Association - A Charitable Incorporated Organisation registered by the Charity Commission for England & Wales, No 1163476

The charity is better known locally as The Shrewsbury Ark.

The principal address is that of the Shrewsbury Ark - 32 Castle Foregate, Shrewsbury SY1 2EH.

OBJECTIVES AND ACTIVITIES Objectives and aims

Shrewsbury Christian Centre Association (registered Charity no 1163476) is a Charitable Incorporated Organisation first registered on 8th September 2015 whose objectives, set out in its Constitution adopted on 22nd June 2015, are to relieve persons in necessitous circumstances by the provision of:

The objectives of the charity are to relieve persons in necessitous circumstances by the provision of:

(i) A Care Centre for the needy;

(ii) When appropriate, additional day and night facilities with the aim of offering practical Christian concern for the needy;

(iii) A Night Shelter for homeless people.

The charity has only been operating as a CIO since 2015, but in its unincorporated form (Charity Registered No 501881, now wound up) the charity has been in existence since 1973.

Page 2

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023

OBJECTIVES AND ACTIVITIES

Significant activities

In the 12 months under review, the Shrewsbury Christian Centre Association (SCCA) has continued to operate the Shrewsbury Ark, as direct-access drop-in centre for homeless and vulnerable people close to the Town Centre in Shrewsbury. The Shrewsbury Ark delivers the first of the charity's three objectives and contributes to delivery of the second. The charity does not at present run a Night Shelter.

The premises of the Shrewsbury Ark are open daily on weekdays

Since November 2023 all facilities are offered to individuals on a referral basis with priority to those rough sleeping, and those referrals can include the following categories

1 - homeless and vulnerable people, including rough sleepers; to offer help and advice, work with Housing Agencies and Shropshire Council to find homes for the homeless and to continue to support those who have been so helped, as they settle in.

2 - those who feel excluded from society, or who have difficulty with day-to-day necessities, for whatever reason.

3 - ex-offenders to find a welcome "on the outside" and to re-establish themselves in the community without re-offending.

For all referrals the Support workers will liaise with local Drug, Alcohol and Substance Abuse Teams, local Mental Health Teams and Shropshire Council RESET team to provide appropriate services

In partnership with the local Primary Care Trust, we make medical advice available to those for whom GP Surgeries may appear unwelcoming or judgmental.

We offer limited meals to those referred who have no other source of hot food, together with snacks and beverages to anyone who needs them. The Ark also provides shower and toilet facilities, laundry facilities, access to a phone and IT, and a poste-restante address for mail. Above all, however, the Ark offers non-judgmental care and support to those referred to us

SCCA was founded in 1973. It ran then, and still runs, on Christian principles but there is no discrimination against any who wish to use the charity's services on grounds of religion (or lack of it) or any other diversity. This policy of non-discrimination applies equally to paid staff and volunteers.

Public benefit

Taking account of the Charity Commission's guidance the Trustees have no doubt that the Ark, being a unique service in the Town and surrounding area, provides a significant and proven Public Benefit.

Page 3

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023

ACHIEVEMENT AND PERFORMANCE Charitable activities The Shrewsbury Ark

During the year to September 2023 the Ark day centre continued to serve clients whose needs vary widely, from those simply seeking shelter, warmth and sustenance, through those needing a shower and toilet facilities to those with chronic problems that have defied the support and assistance offered elsewhere. Many have an intense dislike of bureaucracy and officialdom; an alarming number have problems of literacy which makes completing official forms difficult; and a high proportion have health issues resulting from addiction, alcohol and/or inadequate living conditions. The daily routine allowed the staff to engage closely with those who have real and current problems in their lives and the will to address them, whilst still offering a welcome, friendship and support to all.

The weekly visit by a local GP has continued which enables many clients to receive medical advice and treatment that they simply would not have sought before.

The additional RESET service - a multi-disciplinary team funded by Shropshire Council -have continued to provide support to some of our clients and for part of the year were based at the Ark. The wider range of health and care agencies continue the arrangements to deliver their services to our clients on our premises, where the clients are more comfortable and where they are more likely to keep their appointments.

During 2023 we continued to see large numbers of clients in all categories attending the day centre, putting a very real strain on all our employees, volunteers and the Arks services. In the later part of summer 2023 there was a large increase in violence and threats from and with some of those wanting to use the Ark, possibly associated with certain types of substances circulating.

In consultation with the Police, Shropshire Council and other involved agencies, and for the safety of employees, volunteers, other clients and the general public, the Trustees agreed initially to the Operations Manager request to provide uniformed security on the day centre, and subsequently to a closure of the day centre.

It was agreed that a closure of a minimum of one month was needed, during this time rough sleepers only would be seen on a daily basis elsewhere.

Following detailed consultations between staff members, volunteers, trustees and all agencies involved it was agreed that upon reopening there would be a referral only service . This would allow numbers to be controlled and to ensure that those most in need were able to use the Arks services - initially the referrals would only be for verified rough sleepers. During this time the staff and volunteers underwent training as well as cleaning and updating the ground floor and preparing and agreeing the protocols for reopening. All agreed that security would continue to be provided on reopening to ensure continued safety.

The Day centre reopened on 20th November 2023 and since then has had marked successes with those clients genuinely requiring the support and with support from staff and volunteers who have the time to spend on activities that can move them forward.

As outlined above this has been a difficult period of time, especially for the staff team and in September 2023 our operations Manager decided it was time to move on. The trustees took some and work with a charity consultant provided by the Cranfield trust to look at how best to structure the charity staff going forward into 2024.

We are especially grateful this year to our staff team and volunteers in particular our then deputy Manager, Rose, who stepped up during the latter part of the year to lead the changes to the service.

Page 4

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023

Outreach

The Charity until mid-2023 provided a rapid response service to reports of people sleeping rough in the area in and around Shrewsbury on behalf of and initially funded by Shropshire Council. This service made a substantial contribution to easing the lot of those sleeping rough, and its value has been widely recognised. From Mid 2023 Shropshire Council are funding and providing this service direct through its own Rough Sleepers team and RESET

The Arks Support workers have however continued to support past and present clients of the Ark who have been housed in independent accommodation and concentrate on supporting them remotely and at the Ark, with facilities to ensure that where possible clients are able to continue to stay in their accommodation.

The Ark Charity Shop

The purpose of the Ark Shop is to underwrite SCCA's charitable objectives and has provided an income stream which helps to fund our services to our clients. In the year under review the Shop continued to operate under difficult trading conditions however generated a small surplus of £639 from a gross income of £34,233.

The Trustees remain extremely grateful for the work of the Shop Manager and her volunteer staff for their invaluable contribution; where it generates a stock of clothing suitable for the Ark's clients and also provides a second focus for the charity in the Town Centre.

FINANCIAL REVIEW

Financial position

It has been pleasing to see a continued increase in overall income, particularly in the generous donations of the public as well as the grant received to purchase the car park, In difficult financial times there is more demand from all charities on grant making bodies, trusts and also on our local council.

There is still the impact of increased utilities costs on both the shop and the Day Centre, and the new premises has also led to an increased cleaning bill as contractors have been needed to maintain all the areas. As highlighted in the Trustees report, our priorities are now to stabilise and maintain our financial position, controlling expenditure and to continue to source funds in order to deliver our day-to-day services.

Reserves

We have continued our reserve policy of at least £55,000 during this year, which has been met, and will be reviewed in the year to Sept 2024. The free reserves held at the year end were £63,982 (2022: £59,816).

Sustainability

The Trustees are satisfied that the present activities of the Charity represent a viable and sustainable project for the foreseeable future provided, of course, that donations and grants continue to be received at more or less the present rate, and provided that no extreme and unexpected financial commitments arise. Sufficient funds are available as Reserves (see previous paragraph) to act as a buffer should unexpected financial tribulations affect the Charity. We will continue to maintain a regular and careful review of income and expenditure throughout the year, so that appropriate steps can be taken to increase the former, and/or reduce the latter, if it appears necessary. Plans for the future (see below) need to be seen in this context.

FUTURE PLANS

As outlined above during late 2023 our approach has changed to a referral basis and this continues to provide results for our clients with successes leading to more 'categories' of client being opened up.

The staff structure changes to include an overall Charity Director and Charity Coordinator in 2024 meaning that each of the shop and day centre managers are able to concentrate on their own areas, with the new roles overseeing both and the operation of the charity as a whole.

At present there are no plans to create any extra building changes within the Ark.

Page 5

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is a Charitable Incorporated Organisation ("CIO") first registered on 8th September 2015 under a constitution approved by the Charity Commission and adopted by the membership of the previous (unincorporated) SCCA at a General Meeting on 22nd June 2015

The charity has only been operating as a CIO since 2015, but in its unincorporated form (Charity Registered No 501881, now wound up) the charity has been in existence since 1973.

Recruitment and appointment of new trustees

The Chairman of Trustees is appointed by Churches Together in Shrewsbury; other Officers and Trustees are elected at a General Meeting. Additional Trustees may be co-opted by the Committee to take advantage of particular skills and qualifications. The charity has enjoys the patronage of Rt Rev'd Sarah Bullock (Bishop of Shrewsbury), of Rev'd Christopher Walker (former Chairman), and of Marcus Bean (Celebrity Chef) and his wife Jenny.

Decision making

The purposes for, and the policies adopted by, the charity are set and their implementation is supervised by a small number of dedicated volunteer Trustees, all of whom take an active interest in the services provided by the Ark; indeed, some Trustees also volunteer on the "shop floor". Day-to-day activities in the Ark and the Shop are managed by the respective Managers who direct and supervise their staff and volunteers.

The charity's principal project is the Shrewsbury Ark which incorporates a Day Centre for homeless and vulnerable people close to the Town Centre of Shrewsbury. The Shrewsbury Ark Shop raises charitable funds for the Ark.

TRUSTEES' RESPONSIBILITY STATEMENT

The trustees (who are also the directors of Shrewsbury Christian Centre Association for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. 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 charitable 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:

................................................................. Mrs E J Bell - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHREWS8URY CHRISTIAN CENTRE ASSOCIATION Independent examln•rfs report to the trustees of Shrewsbury Chrtstlan Centre Assoclatlon {Ihe Company'} I report lo the charity trustees on my e￿¥nin8t￿n of the &tounts of the Company for the year ended 30 September 2023. Responsibilities and basis of report As the charty's trustees of the Company land also bts diwtors for the purposes of company lawl you are Tesponsible for the preparath)n of the accwnts in ￿nce with the reqU1￿ments of the Companies Act 20(￿ I'lhe 2¢M6 Aet'l. Having satisfied myself that the accounts of the Company are ncl required lo be aLKlrted under Part 16 of the 20C6 Act and are digible for independent examination. I rep)rt in respect of my examination of your ¢harity's accounts as carrbed out under Section 145 of the charit￿ Act 2011 Clhe 2011 Act'}. In carrying out my examinal￿fi I have foll¢xed the Dir￿t￿S gwen by the Chanty Commission urKler Section 145151 (b} of the 2011 Act. Independent examinorfs Ststemgnl Since your charty's gross income exceeded £250.0(K) yLyJr examiner musl be a member of a listed body. I can confimi that l am qualifEd lo undertake the examination because l am a member of the Instsiule of Chartered Accountsnts in England and Wales. which i8 one of the listed t*)dies. I have compkted my examination. I conffim) that no matters have cc#YÈ to my attention in connection wrth the examination gNing me cause to b￿￿e". accounting r&ord$ were ncl kept in of the c￿panY as required by SeclKJn 386 of the 2006 Act.. or the accounts do not accord wilh those records". or the accounts do not comply wiÉh the accounting wuirements of Section 396 of the 2008 Act othef than any ￿Uirement that the &ccyJnts gNe a true and frdir Wfi￿h is not a matter considered as part of an independent examination., or the accounts have not been prepared in ￿or￿anCe wrth the methods and principles of the Statement of Recommended Prath"ce for accounting and reporting by charrties (applicab￿ to chari(ie5 preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021). I have no concerns and have come across no other mattw5 in connectN)n wrth the examination lo which attention should be drawn in thi5 report in order to enable a proper understanding of the aecounls lo be reached. C MoeWn-Wllkgms Bsc FCA TCA {Shrewsburyl LLP Third Floor 21 Sl Mary's Street Shrewsbury Shropshire SY1 1ED Dale.. Page 7

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
342,936
Other trading activities
3
30,197
Investment income
4
1,625
Other income
907
Total
375,665
EXPENDITURE ON
Raising funds
22,806
Charitable activities
General
289,413
Total
312,219
NET INCOME/(EXPENDITURE)
63,446
RECONCILIATION OF FUNDS
Total funds brought forward
658,934
TOTAL FUNDS CARRIED FORWARD
722,380		 Restricted
funds
£
17,092
-
-
-
17,092
-
17,443
17,443
(351)
34,142
33,791		 2023
Total
funds
£
360,028
30,197
1,625
907
392,757
22,806
306,856
329,662
63,095
693,076
756,171		 2022
Total
funds
£
279,713
32,869
189
72
312,843
24,913
276,035
300,948
11,895
681,181
693,076

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 8

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

STATEMENT OF FINANCIAL POSITION 30 SEPTEMBER 2023

Notes
FIXED ASSETS
Tangible assets
9
Investments
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
593,168
16,411
609,579
32,252
84,275
116,527
(3,726)
112,801
722,380
722,380
Restricted
funds
£
5,000
-
5,000
-
28,791
28,791
-
28,791
33,791
33,791		 2023

Total
funds
£
598,168
16,411
614,579
32,252
113,066
145,318
(3,726)
141,592
756,171
756,171
722,380
33,791
756,171		 2022
Total
funds
£
523,893
15,727
539,620
21,092
135,338
156,430
(2,974)
153,456
693,076
693,076
658,934
34,142
693,076

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 9

continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

STATEMENT OF FINANCIAL POSITION - continued 30 SEPTEMBER 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 05/07/2024

............................................. Mrs E J Bell - Trustee

The notes form part of these financial statements

Page 10

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants from the government and other agencies have been included as 'Grants' in furtherance of the charity's objects.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. ACCOUNTING POLICIES - continued

Fund accounting

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. DONATIONS AND LEGACIES

Donations
Gift aid
Legacies
Grants
Grants received, included in the above, are as follows:
General grant
Government grant		 2023
£
167,950
662
3,735
187,681
360,028
2023
£
130,975
56,706
187,681		 2022
£
105,483
-
-
174,230
279,713
2022
£
100,370
73,860
174,230

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continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

3. OTHER TRADING ACTIVITIES

3.
OTHER TRADING ACTIVITIES
Shop income
4.
INVESTMENT INCOME
Bank interest received
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets		 2023
£
30,197
2023
£
1,625
2023
£
18,969
408		 2022
£
32,869
2022
£
189
2022
£
11,644
-		 2022
£
189

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2023 nor for the year ended 30 September 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022.

7. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2023
£
194,707
6,528
3,323
204,558		 2022
£
158,430
7,017
3,319
168,766

The average monthly number of employees during the year was as follows:

Full time staff
Part time staff		 2023
8
2
10		 2022
8
2
10

No employees received emoluments in excess of £60,000.

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SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Other income
Total
EXPENDITURE ON
Raising funds
Charitable activities
General
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
9.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
and
property
fittings
£
£
COST
At 1 October 2022
531,688
2,904
Additions
81,703
11,049
Disposals
-
-
At 30 September 2023
613,391
13,953
DEPRECIATION
At 1 October 2022
10,634
2,791
Charge for year
12,268
5,621
Eliminated on disposal
-
-
At 30 September 2023
22,902
8,412
NET BOOK VALUE
At 30 September 2023
590,489
5,541
At 30 September 2022
521,054
113		 ACTIVITIES
Unrestricted
funds
£
279,713
32,869
189
72
312,843
24,913
262,091
287,004
25,839
633,095
658,934
Motor
vehicles
£
22,700
-
(10,800)
11,900
19,974
530
(10,192)
10,312
1,588
2,726		 Restricted
funds
£
-
-
-
-
-
-
13,944
13,944
(13,944)
48,086
34,142
Computer
equipment
£
4,010
1,100
-
5,110
4,010
550
-
4,560
550
-		 Total
funds
£
279,713
32,869
189
72
312,843
24,913
276,035
300,948
11,895
681,181
693,076
Totals
£
561,302
93,852
(10,800)
644,354
37,409
18,969
(10,192)
46,186
598,168
523,893		 Total
funds
£
279,713
32,869
189
72
312,843
24,913
276,035
300,948
11,895
681,181
693,076

Page 14

continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

10. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 October 2022
Revaluations
At 30 September 2023
NET BOOK VALUE
At 30 September 2023
At 30 September 2022
There were no investment assets outside the UK.
Cost or valuation at 30 September 2023 is represented by:
Valuation in 2023
Cost
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Gift aid receivable
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accruals and deferred income		 Listed
investments
£
15,727
684
16,411
16,411
15,727
Listed
investments
£
9,336
7,075
16,411
2023
2022
£
£
26,277
-
2,287
2,200
-
15,204
3,688
3,688
32,252
21,092
2023
2022
£
£
523
99
551
-
2,652
2,875
3,726
2,974

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continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

13.
MOVEMENT IN FUNDS
Net
At
movement
1.10.22
in funds
£
£
Unrestricted funds
Ark - Unrestricted
596,097
79,699
Shop - Unrestricted
3,339
639
Outreach Fund - Designated
57,505
(15,459)
Mrs J B Wightman Fund - Designated
-
(1,213)
Daz Funeral Fund - Designated
1,993
(220)
658,934
63,446
Restricted funds
Moving On Fund
28,517
(6,998)
Lawrence Edbrooke Fund
5,625
(2,200)
The National Lottery
-
5,000
Waterloo Foundation
-
3,847
34,142
(351)
TOTAL FUNDS
693,076
63,095
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Ark - Unrestricted
341,342
Shop - Unrestricted
34,323
Outreach Fund - Designated
-
Mrs J B Wightman Fund - Designated
-
Daz Funeral Fund - Designated
-
375,665
Restricted funds
Moving On Fund
-
Lawrence Edbrooke Fund
-
The National Lottery
10,000
Waterloo Foundation
7,092
17,092
TOTAL FUNDS
392,757		 At
1.10.22
£
596,097
3,339
57,505
-
1,993
658,934
28,517
5,625
-
-
34,142
693,076		 Net
movement
in funds
£
79,699
639
(15,459)
(1,213)
(220)
63,446
(6,998)
(2,200)
5,000
3,847
(351)
63,095		 Transfers
between
funds
£
(1,213)
-
-
1,213
-
-
-
-
-
-
-
-

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continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At
1.10.21
£
Unrestricted funds
Ark - Unrestricted
628,785
Shop - Unrestricted
2,317
Outreach Fund - Designated
-
Daz Funeral Fund - Designated
1,993
633,095
Restricted funds
Moving On Fund
42,461
Lawrence Edbrooke Fund
5,625
48,086
TOTAL FUNDS
681,181
Comparative net movement in funds, included in the above are as follows:		 Net
movement
in funds
£
(32,688)
1,022
57,505
-
25,839
(13,944)
-
(13,944)
11,895
 At
30.9.22
£
596,097
3,339
57,505
1,993
658,934
28,517
5,625
34,142
693,076
Unrestricted funds
Ark - Unrestricted
Shop - Unrestricted
Outreach Fund - Designated
Restricted funds
Moving On Fund
TOTAL FUNDS		 Incoming
resources
£
202,356
37,227
73,260
312,843
-
312,843		 Resources
Movement
expended
in funds
£
£
(235,044)
(32,688)
(36,205)
1,022
(15,755)
57,505
(287,004)
25,839
(13,944)
(13,944)
(300,948)
11,895

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continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Ark - Unrestricted
Shop - Unrestricted
Outreach Fund - Designated
Mrs J B Wightman Fund - Designated
Daz Funeral Fund - Designated
Restricted funds
Moving On Fund
Lawrence Edbrooke Fund
The National Lottery
Waterloo Foundation
TOTAL FUNDS		 At
1.10.21
£
628,785
2,317
-
-
1,993
633,095
42,461
5,625
-
-
48,086
681,181		 Net
movement
in funds
£
47,011
1,661
42,046
(1,213)
(220)
89,285
(20,942)
(2,200)
5,000
3,847
(14,295)
74,990		 Transfers
between
funds
£
(1,213)
-
-
1,213
-
-
-
-
-
-
-
-		 At
30.9.23
£
674,583
3,978
42,046
-
1,773
722,380
21,519
3,425
5,000
3,847
33,791
756,171

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Ark - Unrestricted
Shop - Unrestricted
Outreach Fund - Designated
Mrs J B Wightman Fund - Designated
Daz Funeral Fund - Designated
Restricted funds
Moving On Fund
Lawrence Edbrooke Fund
The National Lottery
Waterloo Foundation
TOTAL FUNDS		 Incoming
resources
£
543,698
71,550
73,260
-
-
688,508
-
-
10,000
7,092
17,092
705,600		 Resources
Movement
expended
in funds
£
£
(496,687)
47,011
(69,889)
1,661
(31,214)
42,046
(1,213)
(1,213)
(220)
(220)
(599,223)
89,285
(20,942)
(20,942)
(2,200)
(2,200)
(5,000)
5,000
(3,245)
3,847
(31,387)
(14,295)
(630,610)
74,990

Page 18

continued...

SHREWSBURY CHRISTIAN CENTRE ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2023

13. MOVEMENT IN FUNDS - continued

DESIGNATED FUNDS

The Trustees have designated funds from the charity's unrestricted assets as follows:

The Mrs J B Wightman Fund was initiated with funds donated in 2013 on closure of the Wightman Hall Charity, for use in developing a project within the Wightman Hall Charity's own objectives. The purchase of the freehold property in 2021 has been wholly met from this fund.

Outreach Funds consist of grants received during the prior year from Shropshire Council's public funds explicitly to finance the provision of a new Outreach Service to provide responsive support to rough sleepers in the County, less expenditure incurred in implementing that service.

The Daz Funeral Fund was created from donations received following the death of a client. As the total of those donations was greater than the costs that needed to be met for his funeral, the balance has been retained to defray comparable costs for other clients in future.

RESTRICTED FUNDS

The charity's Restricted Funds are:

The Lawrence Edbrooke Fund which provides help for clients of the Ark to move into new, permanent accommodation.

The "Moving On" Fund which received grants from a number of sources to contribute to the costs of moving clients into permanent accommodation in the wake of the COVID-19 pandemic.

The National Lottery Fund - funding received to support the purchase of a commercial dishwasher, washing machine and associated installation costs. These assets were purchased in September 2023 and the outflow of funds as shown above represents the associated depreciation charge on these assets, in line with the charity's depreciation policy.

The Waterloo Foundation - funding provided specifically to assist those who have accommodation with energy and utility costs.

14. EMPLOYEE BENEFIT OBLIGATIONS

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,323 (2022: £3,319) Contributions totalling £551 (2022: £nil) were payable to the fund at the balance sheet date.

15. RELATED PARTY DISCLOSURES

During the year donations of £1,200 (2022: £1,920) were received from Trustees. There were no other related party transactions during the year.

Page 19