## **Newark and Sherwood Community Hub** (Registered charity, number 1164851) **Financial statements for the year ended 31 March 2023**
|**Page**|**Contents**|
|---|---|
|2 - 3|Trustees’ annual report|
|4|Independent examiner’s report|
|5|Receipts & payments account|
|6|Statement of assets & liabilities|
|7 - 8|Notes to the accounts|
# **Newark & Sherwood Community Hub Trustees’ annual report for the year ended 31 March 2023**
**Full name** Newark and Sherwood Community Hub
**Other names by which the charity is known** formerly known as Newark & Sherwood Play Support Group (NSPSG)
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1164851
## **Principal address**
Millgate Community Centre, 2 Pelham Street, Newark, Notts, NG24 4XD
## **Trustees**
Jade Loftus, Chair Jennifer Owens, Treasurer Amanda Wright
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its constitution adopted 15 December 2015 and most recently amended 29 July 2019.
Trustees are appointed at our AGM and voted in accordingly.
## **Objectives and activities**
The principal object of the CIO is to promote the benefit of the inhabitants of the area of benefit without distinction of age, sex, political, religious or other opinions by furthering the development of play facilities and play opportunities for children in the area of benefit, by co-ordinating local play forums, by associating the local statutory authorities, voluntary organisations and inhabitants in a common effort to advance education, the protection of health and relief of poverty, distress or sickness and to provide facilities in the interests of social welfare for recreation and leisure-time occupation for the inhabitants of the area of benefit with the object of improving the condition of life for the inhabitants.
We provide children and adults with opportunities to learn new skills, increase confidence and self-esteem, feel part of their community with play days, play in the parks, and play schemes as well as workshops, art and craft activities and sports sessions. We run Millgate Community Centre which enables user groups to provide low cost activities such as Karate, Yoga, Dance, Health sessions, Lego clubs, Craft clubs etc. and as a start-up for new businesses. We also do "Grab a bag" sessions providing free Sanitary products and toiletries to those in our communities that are
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## **Newark & Sherwood Community Hub**
struggling financially and goods such as hats and gloves, socks, t shirts for children and adults and sometimes free Lego so that children have something to play with.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
The public benefit by getting low cost opportunities to learn and practise new skills, socialise, gain confidence, and have opportunities to meet new people and volunteer.
## **Summary of the main achievements during the period**
We provided play opportunities to over 3000 children during a very difficult time, we adapted our offer to children and families providing craft bags and boxes in their own homes and more outdoor play as indoor sessions were restricted. We supported families of Refugees at parties with children’s activities and Face painting, we also provided HAF sessions for children providing them with activities and hot meals. We supported days of craft in support of Ukraine and families from Ukraine being hosted in our area as well as Lego clubs, Art clubs, Archery.
In our community we also supported a Seaside event in the market square, events at the Castle, the Christmas tree festival and 3 Christmas wreath making sessions, we also supported community events for community safety at our hall and 9 user groups varying from Archery to Yoga. We also hosted free craft sessions for the Local Authority, a Christmas Art event and Children’s Art clubs.
## **Financial Review**
Finances are more stable as we have reduced overheads as much as possible but energy costs remain a worry.
We are always in a difficult position financially but are more stable than in previous years.
## **The charity’s policy on reserves**
We try to maintain enough reserves to enable us to cover any redundancy costs should we need to close.
Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ Jade Loftus, Trustee
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## **Independent examiner’s report to the trustees of Newark and Sherwood Community Hub for the year ended 31 March 2023**
I report to the trustees on my examination of the accounts of Newark and Sherwood Community Hub (the charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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## **Newark and Sherwood Community Hub Receipts & payments account for the year ended 31 March 2023**
|_2022_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
33485
Grants & donations
**2**
19489
180
Fundraising
191
7925
Room hire
11170
3203
Sales & fees
2575
900
Sundry receipts
-
45693
**Total receipts**
**33425**
**Payments**
540
Advertising & publications
-
125
Bank charges
133
833
Building & premises costs
1003
48
Coaching & training
-
381
Communications
403
7552
Equipment & hire of equipment
499
1729
Insurance
1826
662
Payroll costs
510
193
Printing stationery & admin
355
1628
Professional fees
2375
125
Refreshments
-
4401
Resources purchased
2836
314
Staff clothing
96
330
Sundry payments
1
762
Travel & transport
380
3103
Utilities & rates
3586
545
Volunteer expenses
355
16776
Wages, NI & pensions
16273
796
Casual staff
-
9662
Workshops & events
9645
50505
**Total payments**
**40276**
(4812)
**Net receipts/(payments)**
(6851)
8208
Cash funds at start of this period
2551
-
Transfers between funds
2357
3396
**Cash funds at end of this period**
**(1943)**|**_2023_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
2237
21726
-
191
-
11170
-
2575
-
-
**2237**
**35662**
-
-
-
133
-
1003
-
-
-
403
-
499
-
1826
-
510
-
355
-
2375
114
114
-
2836
-
96
-
1
-
380
-
3586
-
355
246
16519
-
-
300
9945
**660**
**40936**
1577
(5274)
845
3396
(2357)
-
**65**
**(1878)**|
|---|---|
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## **Newark and Sherwood Community Hub Statement of assets and liabilities at 31 March 2023**
**----- Start of picture text -----**
2022 2023
£ Cash assets Note £
3396 Bank accounts (1887)
-
Cash in hand 9
3396 (1878)
Other monetary assets
- Debtors 4 246
- 246
Assets retained for the charity’s own use
General equipment.
Liabilities
(585) Creditors 5 (2752)
(585) (2752)
**----- End of picture text -----**
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ Jennifer Owens, Trustee
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## **Newark and Sherwood Community Hub Notes to the accounts for the year ended 31 March 2023**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Newark & Sherwood district council
Nottinghamshire County Council
Waitrose
Sundry grants & donations|**Unrestricted**
**£**
13782
5000
700
7
**19489**|**Restricted**
**Total**
**£**
**£**
500
14282
1737
6737
-
700
-
7
**2237**
**21726**|
|---|---|---|
## **3. Funds analysis**
|**Restricted funds**
Playschemes
LIS Capital
H.E.L.P
**Unrestricted funds**
General|**Opening**
**balance**
**£**
-
845
-
**845**
2551
**2551**|**Receipts (Payments)**
**£**
**£**
500
(435)
1737
-
-
(225)
**2237**
**(660)**
33425
(40276)
**33425**
**(40276)**|**Transfers**
**£**
-
(2582)
225
**(2357)**
2357
**2357**|**Closing**
**balance**
**£**
65
-
-|
|---|---|---|---|---|
|||||**65**|
|||||(1943)|
|||||**(1943)**|
The transfer from the LIS capital fund to the H.E.L.P and unrestricted funds, was to cover the expenditure on these activities. The Newark & Sherwood District Council funding arrived in April.
The specific purposes for which the funds are to be applied are as follows:
Play schemes – Support activities in the summer holidays.
LIS Capital – For Hall improvements.
H.E.L.P – Funding for Home Education groups.
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## **Newark and Sherwood Community Hub**
## **4. Debtors**
|**Prepayments**|**£**|
|---|---|
|Insurance|161|
|HMRC|85
**246**|
## **5. Creditors**
|Independent examination
Payroll fees
Pension
Overdraft|**£**
738
101
26
1887|
|---|---|
||**2752**|
## **6. Trustees’ remuneration**
Trustees received no expenses, remuneration or benefits in this period.
## **7. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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