Charity Registration Number: 1143571
SHOLVER AND MOORSIDE COMMUNITY TEAM
A Charitable Incorporated Organisation (CIO)
TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS For The Year Ended 31 March 2023
SHOLVER AND MOORSIDE COMMUNITY TEAM
CONTENTS
| Page | |
|---|---|
| Members of the Board and Professional Advisers | 2 |
| Trustees Annual Report | 3-6 |
| Independent Examiner’s Report | 7 |
| Receipts and Payments Accounts | 8 |
| Statement of Assets and Liabilities | 9 |
| Notes to the Financial Statements | 10-11 |
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SHOLVER AND MOORSIDE COMMUNITY TEAM
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS
| Registered Charity Name | Sholver and Moorside Community Team CIO |
|---|---|
| Charity Number | 1167447 |
| Registered Office | Oakdene |
| 5 Higher Ogden | |
| Lane Bottom | |
| Newhey | |
| Rochdale | |
| OL16 3TD | |
| Trustees | Jonathan Comyn-Platt (Chair) |
| Terrence Durose | |
| Roy Edward Smith (Treasurer) | |
| Joyce Ward (Secretary) | |
| Deborah Wolstenhulme | |
| Linda Dawson | |
| Frances Judge | |
| Independent Examiner | Community Accounting Lancashire C.I.C. |
| Foxfields | |
| 9 Norley Close | |
| Chadderton | |
| Oldham | |
| OL1 2RA | |
| Bankers | Virgin Money |
| 47 Market Place | |
| Oldham | |
| OL1 3AB |
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| Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | Trustees' Annual Report for theperiod | |
|---|---|---|---|---|---|---|---|---|
| From | Period start date | To | Period end date | |||||
| Day 01 |
Month April |
Year 2022 |
Day 31 |
Month March |
Year 2023 |
Section A Reference and administration details
Charity name
Sholver and Moorside Community Team
Other names charity is known by
Registered charity number (if any) 1167447
Charity's principal address Sholver Community Hub
Sholver Oldham Postcode OL1 4NT
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jon Comyn-Platt | Chair and Trustee | |||
| Joyce Ward | Secretaryand Trustee | |||
| RoySmith | Treasurer and Trustee | |||
| Linda Dawson | Minutes Secretaryand Trustee | |||
| Terrence Durose | Trustee | |||
| Debra Wolstenhulme | Trustee | |||
| Frances Judge | Trustee |
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) |
Names and addresses of advisers (Optional information) |
Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Accountant | Community Accounting Lancashire C.I.C | Foxfields, 9 Norley Close Chadderton, Oldham, OL1 2RA |
Name of chief executive or names of senior staff members (Optional information)
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Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
(eg. trust deed, constitution)
Association
How the charity is constituted (eg. trust, association, company) Elected at Annual General meeting Trustee selection methods
(eg. trust, association, company)
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
The charity works in a close relationship with its sister charity Sholver Millennium Green Trust. Trustee meetings are held monthly and are usually attended also by a representative of OMBC.
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C
Objectives and activities
To benefit the residents of the area by associating residents, the Local Authority and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the objective of improving the condition of life for the residents.
Summary of the objects of the charity set out in its governing document
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To establish and secure a community centre and to maintain or manage or co-operate with any statutory authority in the management and Summary of the main maintenance of such a centre for activities promoted by the charity in activities undertaken for the furtherance of the above objects. public benefit in relation to these objects (include within The Charity has managed the centre and made it available for use to this section the statutory community groups including a Food bank, Martial Arts group, a line declaration that trustees have dancing group, assisting a project for lonely and socially excluded elderly had regard to the guidance residents, an Arts Group and others. issued by the Charity Commission on public In their management of the Centre and at all times in making these benefit) bookings the Trustees have had regard to its objects and to the Guidance issued by the Charity Commission on public benefit.
Additional details of objectives and activities (Optional information)
The charity does not make any grants. All income is applied towards the management of the Centre.
You may choose to include further statements, where The charity has no investments for the above reason. Its day to day relevant, about: funding is held in a bank account with Virgin Bank (formerly Yorkshire Bank) PLC. It is not anticipated that there will be changes to this � policy on grantmaking; arrangement.
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policy on grantmaking;
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policy programme related investment; The charity encourages the use of volunteers. It has no paid employees and save for the occasional employment of contractors for instance to
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� contribution made by effect improvements to the Centre, or to conduct school holiday projects volunteers. for children and parents, all other work is done by volunteers. There are presently insufficient funds to pay volunteers any expenses.
Section D Achievements and performance
Summary of the main achievements of the charity during the year
Bookings have steadily increased to pre covid levels and the Trustees are optimistic as to the coming year.
The annual vegetable and flower show proved again to be a great success and there were also other events, a spring fair and Christmas fair and at Christmas we had for the children, a Christmas Grotto complete with Santa and presents.
We also kept the warm place going so that people could drop in for a brew and a warm. We unfortunately lost our junior youth club but their slot was quickly taken up by a dance troupe.
The centre remains a popular party venue for weekend private hire.
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Section E Financial review
Brief statement of the charity’s policy on reserves
The Charity has built up reserves of £59,223 as at 31[st] March 2023, being £4,753 restricted funds and £54,470 unrestricted (free reserves).
Our Reserves Policy is that we maintain 6 months running costs when planning future spending.
Details of any funds materially in deficit
There is no financial deficit.
Further financial review details (Optional information)
The Charity hopes that in due course it will be in a position to be completely self-funding and able to initiate projects itself. Until income from lettings is sufficient to do this the Centre will continue to seek help from grant funding, and from the Local Authority. It is expected that In the next financial year discussions will take place with the Local Authority for a transfer of some of the financial responsibilities of the building in return for a longer and more secure form of occupation than the present licence at will.
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has at will. supported the key objectives This however is taking much longer than expected. of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
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Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s)[ROY E SMITH] Position (eg Secretary, Chair, TREASURER/TRUSTEE etc)
Date 11th October 2023
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SHOLVER AND MOORSIDE COMMUNITY TEAM
REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF SHOLVER & MOORSIDE COMMUNITY TEAM
YEAR ENDED 31 MARCH 2023
I report on the accounts for the year ended 31 March 2023 set out on pages 8 to 11.
Respective Responsibilities of Trustees and Examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity’s trustees consider an audit is not required for this year under section 144 of the 2011 Act, and that an independent examination is needed.
It is my responsibility as independent examiner to:
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~ examine the accounts under section 145 of the 2011 Act
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~ follow the applicable Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act, and
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~ to state whether particular matters have come to my attention
Basis of Independent Examiners Report
My examination was carried out in accordance with the Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the 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 accounts.
Independent Examiners Statement
I have completed my examination for the year ended 31 March 2023.
I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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~ accounting records were not kept in accordance with section 130 of the 2011 Act or
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~ the accounts do not accord with the accounting records to comply with the accounting requirements of the 2011 Act
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
11[th] October 2023
Miss Jacqueline Bird F.M.A.A.T.
Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2RA
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SHOLVER AND MOORSIDE COMMUNITY TEAM
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted Funds Restricted Funds 2023 2023 RECEIPTS Notes £ £ Grants 2 125 6,396 Donations 3 823 - Hall Hire 18,675 - Gentle Exercise Group 1,348 - Tuesday Social Kitchen - - Flower & Veg Show 1,210 - Christmas Show - - Christmas Fair 347 - Spring Fair 395 - Other Income 4 2,877 - Interest Received 3 - TOTAL RECEIPTS 25,803 6,396 PAYMENTS Donations Made 545 - Events Costs 458 1,527 Gentle Exercise Group Costs 1,440 - Flower & Veg Show Costs 821 43 Children’s Christmas Party - - Christmas Fair Costs 193 - Spring Fair Costs - - Coffee Mornings - - Kitchen Costs & Supplies 250 85 Art & Craft Materials - 99 Flowers & Gifts 90 - Equipment - - Repairs & Maintenance 1,335 - Refurbishment Costs (General) 311 - Refurbishment Costs (Outside) - - Insurance 263 - Rates - - Accounts, IT Software & IT Consumables 537 - Telephone & Internet 1,281 - Postage, Printing & Stationery 85 31 Waste Collections 749 - Cleaning Materials 408 - Volunteer Cleaning Costs - - Meeting Costs 65 - Accountancy Fees 495 - Bank Charges 20 - Other Expenditure 5 325 - TOTAL PAYMENTS 9,671 1,785 Net of receipts/(payments) 16,132 4,611 Cash funds at 31 March 2022 38,338 142 Cash funds at 31 March 2023 6 54,470 4,753 |
Total Funds 2023 £ 6,521 823 18,675 1,348 - 1,210 - 347 395 2,877 3 32,199 545 1,985 1,440 864 - 193 - - 335 99 90 - 1,335 311 - 263 - 537 1,281 116 749 408 - 65 495 20 325 11,456 20,743 38,480 59,223 |
Total Funds 2022 £ 250 1,004 15,108 987 21 1,278 86 344 - 10,712 - 29,790 535 - 675 901 943 - 48 75 144 177 71 418 941 4,230 6,368 263 261 566 1,127 60 229 272 50 - - - - 18,354 11,436 27,044 38,480 |
|---|---|---|
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SHOLVER AND MOORSIDE COMMUNITY TEAM
STATEMENT OF ASSETS AND LIABILITES
FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted Funds Restricted Funds 2023 2023 £ £ CASH FUNDS Bank 54,490 4,753 Petty Cash (20) - 54,470 4,753 LIABILITIES Fee for Independent Examination |
Total Funds 2023 £ 59,243 (20) 59,223 2023 £ 495 495 |
Total Funds 2022 £ 38,316 164 38,480 2022 £ 495 495 |
|---|---|---|
The financial statements were approved by the Board of Trustees on the 11[th] of October 2023 and signed on their behalf by:
Roy E Smith Treasurer/Trustee
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SHOLVER AND MOORSIDE COMMUNITY TEAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
1. Receipts and payments accounts
Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.
2. Grants Received
| Unrestricted Funds 2023 £ Action Together – Sholver Travel Futures - FCHO – Sholver Travel Futures - Action Together – Warm Places - OMBC Coronation Events Grant - OMBC Grant (Stop & Play Group) 125 First Choice Homes (FCHO) - 125 onations Received Unrestricted Funds 2023 £ Councillors Donations 600 Hillside Nursery - General Donations 223 823 ther Income Unrestricted Funds 2023 £ Covid-19 Additional Restrictions Grant 2,667 Omicron Hospitality & Leisure Grant - Covid-19 Restart Grant - Miscellaneous 210 2,877 |
Restricted Funds 2023 £ 4,965 931 200 300 - - 6,396 Restricted Funds 2023 £ - - - - Restricted Funds 2023 £ - - - - - |
Total Funds 2023 £ 4,965 931 200 300 125 - 6,521 Total Funds 2023 £ 600 - 223 823 Total Funds 2023 £ 2,667 - - 210 2,877 |
Total Funds 2022 £ - - - - - 250 250 Total Funds 2022 £ - 1,002 2 1,004 Total Funds 2022 £ - 2,667 8,000 45 10,712 |
|---|---|---|---|
3. Donations Received
4. Other Income
In the period from the 1[st] of April 2022 to the 31[st] of March 2023 the charity benefitted from a total of 2,667 from Government Grants from the Covid-19 Additional Restrictions Grant.
In the previous year the charity benefitted from a total of £10,667 from Government Grants, being £2,667 from the Omicron Hospitality & Leisure Grant and £8,000 from the Covid-19 Restart Grant.
In accordance with accounting policy, these credits were included in ‘Other Income’ within the ‘Receipts and Payments Accounts” in the period for which they compensate.
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SHOLVER AND MOORSIDE COMMUNITY TEAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
5. Other Expenditure
| Unrestricted Funds Restricted Funds 2023 2023 £ £ OMBC Grant (Stop & Play Group) 125 - Miscellaneous 200 - 325 - |
Total Funds 2023 £ 125 200 325 |
Total Funds 2022 £ - - - |
|---|---|---|
6. Funds Analysis
| unds Analysis | ||||
|---|---|---|---|---|
| Balance as at | Incoming | Resources | Balance as at | |
| 1 April | Resource | Expended | 31 March | |
| 2022 | s | 2023 | ||
| £ | £ | £ | £ | |
| Unrestricted Funds | 38,338 | 25,803 | (9,671) | 54,470 |
| Restricted Funds | ||||
| Action Together – Sholver Travel Futures | - | 4,965 | (1,527) | 3,438 |
| FCHO – Sholver Travel Futures | - | 931 | - | 931 |
| Action Together – Warm Places | - | 200 | (116) | 84 |
| OMBC Coronation Events Grant | - | 300 | - | 300 |
| Get Up and Grow Grant | 43 | - | (43) | - |
| Action Together Art Group Grant | 99 | - | (99) | - |
| Total Restricted Funds | 142 | 6,396 | (1,785) | 4,753 |
| Total Funds | 38,480 | 32,199 | (11,456) | 59,223 |
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