**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 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- 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 charitable 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 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<br>funds<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>342,936<br>Other trading activities<br>3<br>30,197<br>Investment income<br>4<br>1,625<br>Other income<br>907<br>**Total**<br>375,665<br>**EXPENDITURE ON**<br>Raising funds<br>22,806<br>**Charitable activities**<br>General<br>289,413<br>**Total**<br>312,219<br>**NET INCOME/(EXPENDITURE)**<br>63,446<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>658,934<br>**TOTAL FUNDS CARRIED FORWARD**<br>722,380|Restricted<br>funds<br>£<br>17,092<br>-<br>-<br>-<br>17,092<br>-<br>17,443<br>17,443<br>(351)<br>34,142<br>33,791|2023<br>Total<br>funds<br>£<br>360,028<br>30,197<br>1,625<br>907<br>392,757<br>22,806<br>306,856<br>329,662<br>63,095<br>693,076<br>756,171|2022<br>Total<br>funds<br>£<br>279,713<br>32,869<br>189<br>72|
|---|---|---|---|
||||312,843|
||||24,913<br>276,035|
||||300,948|
||||11,895<br>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<br>**FIXED ASSETS**<br>Tangible assets<br>9<br>Investments<br>10<br>**CURRENT ASSETS**<br>Debtors<br>11<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>12<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>13<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Unrestricted<br>funds<br>£<br>593,168<br>16,411<br>609,579<br>32,252<br>84,275<br>116,527<br>(3,726)<br>112,801<br>722,380<br>722,380|<br>Restricted<br>funds<br>£<br>5,000<br>-<br>5,000<br>-<br>28,791<br>28,791<br>-<br>28,791<br>33,791<br>33,791|2023<br> <br>Total<br>funds<br>£<br>598,168<br>16,411<br>614,579<br>32,252<br>113,066<br>145,318<br>(3,726)<br>141,592<br>756,171<br>756,171<br>722,380<br>33,791<br>756,171|2022<br>Total<br>funds<br>£<br>523,893<br>15,727<br>539,620<br>21,092<br>135,338<br>156,430<br>(2,974)<br>153,456<br>693,076<br>693,076<br>658,934<br>34,142<br>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 

- (a) ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company. 

The notes form part of these financial statements 

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**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 

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**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': 

- the requirements of Section 7 Statement of Cash Flows; 

- the requirement of paragraph 3.17(d); 

- the requirements of  paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); 

- the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A; 

- the requirement of paragraph 33.7. 

## **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. 

- Computer Equipment - 50% in year of acquisition, then 2 years straight line 

- - Fixtures and Fittings - 50% in year of acquisition, then 5 years straight line 

- - Vehicles - 25% reducing balance 

- Land and Buildings - 2% straight line 

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



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**SHREWSBURY CHRISTIAN CENTRE ASSOCIATION** 

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

## **3. OTHER TRADING ACTIVITIES** 

|**3.**<br>**OTHER TRADING ACTIVITIES**||||
|---|---|---|---|
|Shop income<br>**4.**<br>**INVESTMENT INCOME**<br>Bank interest received<br>**5.**<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):<br>Depreciation - owned assets<br>Deficit on disposal of fixed assets|2023<br>£<br>30,197<br>2023<br>£<br>1,625<br>2023<br>£<br>18,969<br>408|2022<br>£<br>32,869||
|||2022<br>£<br>189<br>2022<br>£<br>11,644<br>-|2022<br>£<br>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<br>Social security costs<br>Other pension costs|2023<br>£<br>194,707<br>6,528<br>3,323<br>204,558|2022<br>£<br>158,430<br>7,017<br>3,319|
|---|---|---|
|||168,766|



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

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



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**SHREWSBURY CHRISTIAN CENTRE ASSOCIATION** 

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

## **10. FIXED ASSET INVESTMENTS** 

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



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**SHREWSBURY CHRISTIAN CENTRE ASSOCIATION** 

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

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



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**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<br>1.10.21<br>£<br>**Unrestricted funds**<br>Ark - Unrestricted<br>628,785<br>Shop - Unrestricted<br>2,317<br>Outreach Fund - Designated<br>-<br>Daz Funeral Fund - Designated<br>1,993<br>633,095<br>**Restricted funds**<br>Moving On Fund<br>42,461<br>Lawrence Edbrooke Fund<br>5,625<br>48,086<br>**TOTAL FUNDS**<br>681,181<br>Comparative net movement in funds, included in the above are as follows:|Net<br>movement<br>in funds<br>£<br>(32,688)<br>1,022<br>57,505<br>-<br>25,839<br>(13,944)<br>-<br>(13,944)<br>11,895<br>|At<br>30.9.22<br>£<br>596,097<br>3,339<br>57,505<br>1,993|
|---|---|---|
|||658,934<br>28,517<br>5,625|
|||34,142|
|||693,076|
||||



|**Unrestricted funds**<br>Ark - Unrestricted<br>Shop - Unrestricted<br>Outreach Fund - Designated<br>**Restricted funds**<br>Moving On Fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>202,356<br>37,227<br>73,260<br>312,843<br>-<br>312,843|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(235,044)<br>(32,688)<br>(36,205)<br>1,022<br>(15,755)<br>57,505<br>(287,004)<br>25,839<br>(13,944)<br>(13,944)<br>(300,948)<br>11,895|
|---|---|---|



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**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**<br>Ark - Unrestricted<br>Shop - Unrestricted<br>Outreach Fund - Designated<br>Mrs J B Wightman Fund - Designated<br>Daz Funeral Fund - Designated<br>**Restricted funds**<br>Moving On Fund<br>Lawrence Edbrooke Fund<br>The National Lottery<br>Waterloo Foundation<br>**TOTAL FUNDS**|At<br>1.10.21<br>£<br>628,785<br>2,317<br>-<br>-<br>1,993<br>633,095<br>42,461<br>5,625<br>-<br>-<br>48,086<br>681,181|Net<br>movement<br>in funds<br>£<br>47,011<br>1,661<br>42,046<br>(1,213)<br>(220)<br>89,285<br>(20,942)<br>(2,200)<br>5,000<br>3,847<br>(14,295)<br>74,990|Transfers<br>between<br>funds<br>£<br>(1,213)<br>-<br>-<br>1,213<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|At<br>30.9.23<br>£<br>674,583<br>3,978<br>42,046<br>-<br>1,773<br>722,380<br>21,519<br>3,425<br>5,000<br>3,847<br>33,791<br>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**<br>Ark - Unrestricted<br>Shop - Unrestricted<br>Outreach Fund - Designated<br>Mrs J B Wightman Fund - Designated<br>Daz Funeral Fund - Designated<br>**Restricted funds**<br>Moving On Fund<br>Lawrence Edbrooke Fund<br>The National Lottery<br>Waterloo Foundation<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>543,698<br>71,550<br>73,260<br>-<br>-<br>688,508<br>-<br>-<br>10,000<br>7,092<br>17,092<br>705,600|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(496,687)<br>47,011<br>(69,889)<br>1,661<br>(31,214)<br>42,046<br>(1,213)<br>(1,213)<br>(220)<br>(220)<br>(599,223)<br>89,285<br>(20,942)<br>(20,942)<br>(2,200)<br>(2,200)<br>(5,000)<br>5,000<br>(3,245)<br>3,847<br>(31,387)<br>(14,295)<br>(630,610)<br>74,990|
|---|---|---|



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**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. 

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