REGISTERED COMPANY NUMBER: CE005487 (England and Wales)
REGISTERED CHARITY NUMBER: 1164115
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
FOR
THE EAST MALLING CENTRE
Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF
THE EAST MALLING CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024
|
Page |
Report of the Trustees |
1 to 2 |
Independent Examiner's Report |
3 |
Statement of Financial Activities |
4 |
Balance Sheet |
5 to 6 |
Notes to the Financial Statements |
7 to 13 |
Detailed Statement of Financial Activities |
14 to 15 |
THE EAST MALLING CENTRE
REPORT OF THE TRUSTEES
for the Year Ended 31 May 2024
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
with the financialstatementsof the charityfor the year ended 31 May 2024. The trustees have adoptedthe provisions
of AccountingandReportingby Charities:Statementof RecommendedPracticeapplicableto charitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
TheCharityoperatesacommunitycentreandcaféfortheresidentsofEastMallingandsurroundingareas,parts of
whichareclassifiedasdeprived,andtoorganisemeetings,lectures,classesandotherrecreationaland educational
activities in the interests of social welfare and with the object of improving the conditions of life for the inhabitants.
Significant activities
The Centre operatesa food and hygiene bank providingsuppliesto local families in need, currentlyover 70 in number.
Classesforfitness,karate,gymnastics,yogaandcraftsareavailableandthereisacaféprovidinghealthyfood whilst
also providing training opportunities. The education of young adults with learning difficulties also takes place.
Volunteers
TheCentrereliesonmanyvolunteers,whogiveagreatdealoftimeandefforttosupporttheprovisionof these
services.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Awiderangeofactivitieshavebeenavailabletoresidentsofallagegroups,rangingfromcinema,lunchclubs, and
varioussportingandfitnessregimes.The CommunityLarderhas supportedfamiliesin need andhas increased greatly
in scope since the onsetof the pandemic,at one time feedingover 90 families.This has requiredgreateffortsby staff
andvolunteerstogetherwithgenerousgrantsanddonationsfromexternalorganisationsandindividuals without
which it would not have been possible.
FINANCIAL REVIEW
Financial position
Duringthe year The Centre generateda totalof £217,025in income.Expendituretotalled£216,140,whichresulted in
a surplus of £885.
These funds were held in the general unrestricted fund, with a healthy cash balance of £213,469 at the year end.
Reserves policy
The reserve policy for the charity is that they should hold sufficient reserves to meet all potential liabilities.
FUTURE PLANS
Thetrusteesintendtocontinuetopromoteandprogressthecharity'sobjectives.Investmentswillbekept under
reviewandchangesmaybeeffectedifjudgedbeneficial.Thelevelofreservesisdecidedbythetrustees taking
account of demands made upon the charity's resources.
Grantapplicationsarebeingpreparedtofurtherboostfunding.Withtheeffectsof thecurrent"costof living crisis"
beingespeciallyfeltintheareasurroundingTheCentreitis expectedthatdemandsontheCommunity Supermarket
willincreaseaswillrequestsforassistancefromtheCommunityDevelopmentWorkernowemployed following
successfulgrantapplications.TheCentrereliesongrantsanddonationstofinancemuchofitsactivity,but has
sufficient reserves to sustain activities into the next financial year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity was registered as a Charitable Incorporated Organisation (CIO) on 26 October 2015, number 1164115.
Page 1
THE EAST MALLING CENTRE
REPORT OF THE TRUSTEES
for the Year Ended 31 May 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE005487 (England and Wales)
Registered Charity number
1164115
Registered office
Chapman Way
East Malling
West Malling
Kent
ME19 6SD
Trustees
J R White
D Nicholls
Ms M Tatton
Ms L Simpson
K L Jordan
Independent Examiner
Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
J R White - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE EAST MALLING CENTRE
Independent examiner's report to the trustees of The East Malling Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024.
Responsibilities and basis of report
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nicholas Hume FCA
Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF
Date: .............................................
Page 3
THE EAST MALLING CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 May 2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
4,094
Charitable activities
Provision of Centre
61,884
Other trading activities
2
119,417
Investment income
3
4,955
Total
190,350
EXPENDITURE ON
Raising funds
4
96,237
Charitable activities
Provision of Centre
-
Other
83,712
Total
179,949
NET INCOME/(EXPENDITURE)
10,401
RECONCILIATION OF FUNDS
Total funds brought forward
110,559
TOTAL FUNDS CARRIED FORWARD
120,960 |
Restricted
funds
£
-
26,675
-
-
26,675
-
-
36,191
36,191
(9,516)
9,516
- |
31.5.24
Total
funds
£
4,094
88,559
119,417
4,955
217,025
96,237
-
119,903
216,140
885
120,075
120,960 |
31.5.23
Total
funds
£
15,123
60,638
97,411
913 |
|
|
|
174,085 |
|
|
|
82,178
1,985
88,586 |
|
|
|
172,749 |
|
|
|
1,336
118,739 |
|
|
|
120,075 |
The notes form part of these financial statements
Page 4
THE EAST MALLING CENTRE
BALANCE SHEET
31 May 2024
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
8
2,717
CURRENT ASSETS
Debtors
9
7,114
Cash at bank and in hand
196,746
203,860
CREDITORS
Amounts falling due within one year
10
(85,617)
NET CURRENT ASSETS
118,243
TOTAL ASSETS LESS CURRENT LIABILITIES
120,960
NET ASSETS
120,960
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Restricted
funds
£
-
-
13,334
13,334
(13,334)
-
-
- |
31.5.24
Total
funds
£
2,717
7,114
210,080
217,194
(98,951)
118,243
120,960
120,960
120,960
-
120,960 |
31.5.23
Total
funds
£
1,962
5,136
205,652
210,788
(92,675)
118,113
120,075
120,075
110,559
9,516
120,075 |
|
|
|
|
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 May 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 May 2024 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
continued...
Page 5
THE EAST MALLING CENTRE
BALANCE SHEET - continued
31 May 2024
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
J R White - Trustee
The notes form part of these financial statements
Page 6
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK andRepublicof Ireland(FRS 102) (effective1 January2015)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Tangible fixed assets
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
Fixtures and fittings- 25% on cost
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.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
continued...
Page 7
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
2.
OTHER TRADING ACTIVITIES
Fundraising events
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Raising donations and legacies
Purchases
Light and heat
Postage and stationery
Sundries
Project & other direct cost
Depreciation
Support costs
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets |
31.5.24
£
119,417
31.5.24
£
4,955
31.5.24
£
43,670
12,000
3,096
274
34,054
906
2,237
96,237
31.5.24
£
906 |
31.5.23
£
97,411 |
|
|
31.5.23
£
913
31.5.23
£
25,716
12,000
1,962
205
41,641
654
-
82,178
31.5.23
£
654 |
6. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31May2024norforthe year
ended 31 May 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2024 nor for the year ended 31 May 2023.
continued...
Page 8
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
Employees
No employees received emoluments in excess of £60,000.
8.
TANGIBLE FIXED ASSETS
COST
At 1 June 2023
Additions
At 31 May 2024
DEPRECIATION
At 1 June 2023
Charge for year
At 31 May 2024
NET BOOK VALUE
At 31 May 2024
At 31 May 2023
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments and accrued income |
31.5.24
9
31.5.24
£
5,414
1,700
7,114 |
31.5.23
8
Fixtures
and
fittings
£
6,891
1,661
8,552
4,929
906
5,835
2,717
1,962
31.5.23
£
4,887
249
5,136 |
31.5.23
8
Fixtures
and
fittings
£
6,891
1,661
8,552
4,929
906
5,835
2,717
1,962
31.5.23
£
4,887
249
5,136 |
|
|
|
5,136 |
continued...
Page 9
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 11)
Trade creditors
Social security and other taxes
Pension control
Other creditors
Accruals and deferred income
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Leisure Pass
Dementia Cafe
Alternative Summer Play
TOTAL FUNDS |
At 1.6.23
£
110,559
1,566
5,311
2,639
9,516
120,075 |
31.5.24
£
-
4,424
852
340
1,845
91,490
98,951
31.5.24
£
-
Net
movement
in funds
£
10,401
(1,566)
(5,311)
(2,639)
(9,516)
885 |
31.5.23
£
4,137
4,247
1,096
358
1,845
80,992
92,675
31.5.23
£
4,137
At
31.5.24
£
120,960
-
-
- |
|
|
|
- |
|
|
|
120,960 |
11. LOANS
12. MOVEMENT IN FUNDS
continued...
Page 10
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Leisure Pass
Dementia Cafe
Alternative Summer Play
Community Development Worker
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Leisure Pass
Dementia Cafe
Alternative Summer Play
TOTAL FUNDS |
Incoming
resources
£
190,350
-
-
-
26,675
26,675
217,025
At 1.6.22
£
109,223
1,566
5,311
2,639
9,516
118,739 |
Resources
Movement
expended
in funds
£
£
(179,949)
10,401
(1,566)
(1,566)
(5,311)
(5,311)
(2,639)
(2,639)
(26,675)
-
(36,191)
(9,516)
(216,140)
885
Net
movement
At
in funds
31.5.23
£
£
1,336
110,559
-
1,566
-
5,311
-
2,639
-
9,516
1,336
120,075 |
|
|
|
continued...
Page 11
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Phillip and Connie Phillips Foundation
Community Development Worker
TOTAL FUNDS |
Incoming
resources
£
146,373
8,400
19,312
27,712
174,085 |
Resources
Movement
expended
in funds
£
£
(145,037)
1,336
(8,400)
-
(19,312)
-
(27,712)
-
(172,749)
1,336 |
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Restricted funds
Leisure Pass
Dementia Cafe
Alternative Summer Play
TOTAL FUNDS |
At 1.6.22
£
109,223
1,566
5,311
2,639
9,516
118,739 |
Net
movement
in funds
£
11,737
(1,566)
(5,311)
(2,639)
(9,516)
2,221 |
At
31.5.24
£
120,960
-
-
- |
|
|
|
- |
|
|
|
120,960 |
continued...
Page 12
THE EAST MALLING CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024
12. MOVEMENT IN FUNDS - continued
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Unrestricted funds
General fund
Restricted funds
Leisure Pass
Dementia Cafe
Alternative Summer Play
Phillip and Connie Phillips Foundation
Community Development Worker
TOTAL FUNDS |
Incoming
resources
£
336,723
-
-
-
8,400
45,987
54,387
391,110 |
Resources
Movement
expended
in funds
£
£
(324,986)
11,737
(1,566)
(1,566)
(5,311)
(5,311)
(2,639)
(2,639)
(8,400)
-
(45,987)
-
(63,903)
(9,516)
(388,889)
2,221 |
|
|
|
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2024.
Page 13
THE EAST MALLING CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 May 2024
|
31.5.24 |
31.5.23 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
4,094 |
15,123 |
Other trading activities |
|
|
Fundraising events |
119,417 |
97,411 |
Investment income |
|
|
Deposit account interest |
4,955 |
913 |
Charitable activities |
|
|
Grants |
88,559 |
60,638 |
Total incoming resources |
217,025 |
174,085 |
EXPENDITURE |
|
|
Raising donations and legacies |
|
|
Purchases |
43,670 |
25,716 |
Light and heat |
12,000 |
12,000 |
Postage and stationery |
3,096 |
1,962 |
Sundries |
274 |
205 |
Project & other direct cost |
34,054 |
41,641 |
Fixtures and fittings |
906 |
654 |
|
94,000 |
82,178 |
Other |
|
|
Wages |
84,280 |
58,044 |
Adv & Marketing |
11 |
1,530 |
Repairs & renewals |
31,855 |
25,555 |
Accountancy |
2,062 |
1,758 |
Telephone |
1,212 |
838 |
Legal expense |
483 |
861 |
|
119,903 |
88,586 |
Support costs |
|
|
Management |
|
|
Travel |
55 |
17 |
Information technology |
|
|
Software |
1,386 |
1,249 |
This page does not form part of the statutory financial statements
Page 14
THE EAST MALLING CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 May 2024
|
31.5.24 |
31.5.23 |
|
£ |
£ |
Information technology |
|
|
Governance costs |
|
|
Insurance |
796 |
719 |
Total resources expended |
216,140 |
172,749 |
Net income |
885 |
1,336 |
This page does not form part of the statutory financial statements
Page 15