Newark and Sherwood Community Hub (Registered charity, number 1164851) Financial statements for the year ended 31 March 2024 Page Contents Trustees, annual report Independent examiner's report Re￿iptS & payments account Statement of assets & liabilities Notes to the accounts capLUS LOMW1Uill I I ACCOUNI ING Newark & Sherwood Community Hub Trustees, annual report for the year ended 31 March 2024 Full name Newark and Sherwood Community Hub Other names by which the charity is known formerly known as Newark & She￿ood Play Support Group (NSPSG) Organisation type Charitable incorporated organisation Regist•red charity number 1164851 Princtpal address Millgate Community Centre, 2 Pelham Street, Newark, Notts, NG24 4XD Trustees Jennifer Owens Amanda Wright Graham Gustard, from 17.02.2024 Natasha Wade, from 17.02.2024 Shaun Cassidy, from 17.02.2024 Carol Ann Sheffield, from 17.02.2024 Anna Rutkowska, from 17.02.2024 Jade Loftus, until 09.09.2024 Independent examiner John O'Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG15GL 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 Confiden￿ 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 Newark & Sherwood Community Hub sessions. We run Millgate Community Centre which enables user groups to provide low cost activities such as Karate, Yoga, Dan￿, 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 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. 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 Carol Ann Sheffield, Trustee C'IX(L Date Independent examinef s report to the trustees of Newark and Sherwood Community Hub for the year ended 31 March 2024 I report to the trustees on my examination of the accounts of Newark and She￿ood Community Hub (the charity) for the year ended 31 March 2024. 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 14515)(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 proper understanding of the accounts to be reached. Signed John O'Brien Msc. F Employee of Com Date A, FCIE nity Accounting Plus Newark and Sherwood Community Hub Receipts & payments account for the year ended 31 March 2024 2023 Total Funds 2024 Total Funds Unrostricted Restricted Funds Funds Noto Receipts Grants & donations Fundraising Room hire Sales & fees Total r8celpts 21726 191 11170 2575 35662 18192 150 14026 1997 32365 16192 150 14026 1997 32365 Payments Bank charges Building & premises costs Communications Equipment & hire of equipment InSUra￿e Payroll costs Printirg stationery & admin Professional fees Refreshments Resources purchased Staff clothing Sundry payments Travel & transport utilities & rates Volunteer expenses Wages, Nl & pensions Workshops & events Total payments 133 1003 403 499 1826 510 355 2375 114 2836 96 198 655 458 82 2130 406 326 1550 198 655 458 82 2130 406 326 1550 2808 69 2808 69 380 3586 355 16519 9945 40936 13 3272 351 14442 4850 31610 3272 351 14442 4850 31610 (5274) 3396 Net receiptsl(payments Cash funds at start of this period Transfers between funds Cash funds at end of thls perlod 755 (1943) 755 (1878) 65 65 (1878) {1123) 1123) Newark and Sherwood Communio Hub Statement of assets and liabilities at 31 March 2024 2023 2024 Cash assets Bank accounts Cash in hand Note (1887) {11401 {18781 11123) Other monetary assets Debtors 246 246 Assets retained for the charity's own use General equipment. Liabilities Creditors 865 1865) 816 (8161 These financial statements are acceptod on behalf of the charity by= Signed Carol Ann Sheffield, Trustee Dated Newark and ShenNood 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 Unrestrictod Restricted Total NÈwark & Sherwood district council Broxtowe Play Forum SurKJry grants & donations 12000 4181 12000 4181 16192 16192 3. Funds analysls Opening Receipts (Payrngnts) Transfers balance Cfvjsing balance Restricted funds Playschemes 65 65 (65) 165) Unrestricted funds GerEral (1943) 32365 (31610 11943) 32365 {31610) 65 65 (1123 {1123} The transfer from the Playscheme fund to the general fund represents the restrictions lifted on these funds. The specific purposes for which the funds are to be applied are as follows: Play schemes- Support activities in the summer holidays. Newark and ShenNood Community Hub 4. Creditors I￿lependent examination (816 1816) 5. Trustees, remuneration Trustees re￿iVed no expenses, remuneration or benefits in this period. 6. Glossary of temis Creditors: These are amounts owed by the charity, but not paid during the accounting period. Prepayments: These are ServI￿S that the charity has paid for in advan￿, 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.