2021-03-31-accounts

ST MARTIN’S COMMUNITY CENTRE

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2021

CHARITY NUMBER: 1167326

ST MARTIN’S COMMUNITY CENTRE ABBOTTS PARK LONDON SW2 3QB INDEX Page Index 1 Legal & Administrative Details 2 Trustee’s Report 3- 5 Independent Examiner’s Report 6 Statement of Financial Activities 7 Balance Sheet 8 Notes on the financial Statements 9 - 12

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ST MARTIN’S COMMUNITY CENTRE

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MARCH 2021

ADDRESS FOR CORRESPONDENCE ABBOTTS PARK LONDON SW2 3QB

REGISTERED CHARITY NUMBER 1167326

GOVERNING DOCUMENT

CONSTITUTION 29[TH] MAY 2002

TRUSTEES Ms Afryea Adofo Mrs Jennifer Felix Mrs Marguerita Gloria Alexander Mr Stephen Eusell, Ms Jasmine Eusell Mr Terence Curtis, Ms Shelia Vaughan Ms Donna Oates, Ms Paulette Walker,

PRINCIPAL BANKERS

BARCLAYS BANK LEICESTER LE87 2BB

INDEPENDENT EXAMINER

FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH

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ST MARTIN’S COMMUNITY CENTRE TRUSTEES’ REPORT YEAR ENDED 31[ST] MARCH 2021

The trustees are pleased to present their report for the year ended 31[st] March 2021 for the charity, St Martin’s Community Centre with charity number 1167326.

The Trustees of the charity are: Ms Afryea Adofo Mrs Jennifer Felix

Mrs Marguerita Gloria Alexander Ms Donna Oates, Ms Paulette Walker Mr Stephen Eusell, Ms Shelia Vaughan Mr Terence Curtis, Ms Jasmine Eusell

The principal address of the charity is : Abbotts Park London

SW2 3QB

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 29[th] May 2002 .The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position. They are supported by a management committee.

OBJECTIVES AND ACTIVITIES

The Charity Objects to promote the benefit of the inhabitants of St Martins Estate and the surrounding area (together called the area of benefit) by the relief of poverty, distress and sickness, the furtherance of health, the advancement of education and the provision of recreation and leisure time facilities in the interest of social welfare and with the object of improving the conditions of life for the said inhabitants. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The community centre continues to be widely utilized by the community and neighbouring residents. The community centre hires out the main hall which accommodates up to 100 people, two meeting rooms for trainings and courses, a multi- purpose crèche room. It also has two fully equipped kitchens, two storage rooms for equipment and a large garden to the side of the building. The garden is mainly used by the Olive Tree day nursery, Butterfly After School and children’s parties.

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ST MARTIN’S COMMUNITY CENTRE Trustee report contd.

The current service users of the St Martin’s Community centre are as follows:

Bethany Church Ministry Butterfly After School Club Lambeth Islamic Centre Lighthouse Chapel International Olive Tree Day Nursery (Term Time Only) St Martin’s Senior Citizen’s Club Saturday School (Term time only) True Vine

FINANCIAL REVIEW

The income of the charity is above £90,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The funds have been used in maintaining the centre premises, employing staff to manage the running of the centre and enable the users in a comfortable and safe environment while using the facilities.

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FUTURE DEVELOPMENTS

The charity plans to maximise the use of the centre in its services to the community. They plan to continue maintaining the upkeep of the building to keep a safe clean environment with up to date facilities. The present independent examiner supports the financial operations by making it more effective

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

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ST MARTIN’S COMMUNITY CENTRE Trustee’s Report continued

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of St Martin’s Community centre at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of St Martins Community Centre and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 21[st] July 2021 and signed on their behalf by:

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Independent Examiner’s Report To the Trustees

ST MARTIN’S COMMUNITY CENTRE

I report on the accounts of St Martin’s Community Centre for the year ended 31[st ] March 2021 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the St Martin’s Community Centre are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

• Examine the accounts under section 145 of the 2011 Act.

• Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.

• State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by St Martin’s Community Centre and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

• (1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:

• proper accounting records are kept( in accordance with section 130 of the 2011 Act

• accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or

• (2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Unit 5 Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH

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ST MARTIN'S COMMUNITY CENTRE

Statement of Financial Activities for the year ended 31st March 2021

		Unrestricted	Total Funds	Total Funds
		Funds		2021	2020
Incoming ResourcesNote		£	£	£
from generated funds
Income	2	65456		65456	91686
Investment income	3	0		0	0
		65456		65456	91686
Other Income
Other		0		0	0
Total Incoming		65456		65456	91686
Resources
Resources Expended
Charitable activities in furtherance of objectives
Charitable Activities	6	48,187		48,187	76536
Other	4	6000		6000	10393
Total Resources		54,187		54,187	86929
Expended
Net movement in funds		11,269		11,269	4757
Reconciliation of Funds
Total Funds brought forward		23881		23881	19124
Adjustments
Total Funds carried forward		35,150		35,150	23881

The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.

The notes on the accounts form part of these accounts.

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ST MARTIN'S COMMUNITY CENTRE Balance Sheet as at 31st March 2021

	Note		2021		2020
Fixed Assets		£		£
Tangible fixed assets	5		2005		2505
			2005		2505
Current Assets
Cash at bank and			33625		21856
in hand
Debtors & prepayment	9		0		0
			33625		21856
Creditors:amounts falling due within one year
Creditors & accruals	8		480		480
Net Current Assets			33145		21376
Net Assets			35150		23881
Unrestricted Funds			35150		23881
TOTAL FUNDS			35150		23881

Approved by the trustees on 21st July 2021 and signed on their behalf :

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The notes on these accounts form part of these accounts

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ST MARTIN’S COMMUNITY CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] March 2020

1) Accounting Policies

These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.

• 1.1 Going Concern: The accounts are prepared on a going concern basis.

1.2 The accounts present a true and fair view and no change have been made to

the accounting policies adopted.

• 1.3 No changes to the accounting estimates have occurred in the reporting period

1.4 No material prior year error have been identified in the reporting period.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

• The charity becomes entitled to resources;

• It is more likely than not that the trustees will receive the resources;

• The monetary value can be measured with sufficient reliability.

Grants and Donations

Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)

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Tax reclaim on donations and gifts

Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Grants and Support Costs

Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

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ST MARTIN’S COMMUNITY CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2020

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

ASSETS

Tangible Fixed Assets for use by the charity

They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.

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ST MARTIN'S COMMUNITY CENTRE Notes to the accounts for year ended 31st March 2021

2 Income

Income Rental fees Total 3 Investment income Bank Interest 4 Other Admin Support Volunteer expenses Website costs Total 5 Fixed Assets Cost/£ At 01/04/20 Additions At 31/03/21 Depreciation At 01/04/20 Charge for year At 31/03/21 Net book value 31/03/ Net book value 01/04	Unrestricted Total funds Funds 2021 2020 £ £ £ 65456 65456 91686
	65456 65456 91686
	Unrestricted Total funds Funds £ 2021/£ 2020/£ 0 0 0 2021/£ 2020/£ 6000 4325 0 3841 0 2227 _ 6000 10393 _ Equipment Fix & Fitts Total 2435 1675 4110 0 0 0 2435 1675 4110 1002 603 1605 286 214 500 1288 817 2105 1147 858 2005 1433 1072 2505
	2435 1002 286
	1288 1147 1433

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ST MARTIN'S COMMUNITY CENTRE Notes to the accounts for year ended 31st March 2021

**6 **	Cost of Activities in furtherance	of Charity's Objectives	of Charity's Objectives
		2021/£	2020/£
	Rates	2224	1231
	Stationary	0	1495
	Insurance	0	0
	Light & Heat	904	10608
	Professional fees	0	480
	PAYE	1101	6399
	Telephone & fax	0	649
	Wages & Salaries	22532	24048
	Training	0	231
	Depreciation	500	627
	Repairs & maintenance	368	3682
	Waste services	0	2643
	Cleaning supplies	872	1922
	Pension	2119	2094
	Refreshments	0	180
	Event costs	0	273
	Caretaker costs	15607	17302
	Refundable deposit	1960	2615
	Bank charges	0	57
	Total	48187	71104

Trustee Remuneration

There were 3 employees during the financial year. No employee earned >£25,000. Trustee Donna Oates was paid £22532 for services rendered as a Co-ordinator for the charity.

8 Creditors: amounts falling due withi one year Accounting services Wages & salaries 9 Debtors and Prepayments Debtors	2021/£ 2020/£ 480 450
	480 450
	2021/£ 2020/£ 0 0

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