OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

FINANCIAL STATEMENTS FOR THE YEAR ENDED

31ST DECEMBER, 2021

1

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Contents of the Financial Statements for the year ended 31st December, 2021

Page
Charity Information 3
Trustees' Report 4 - 5
Independent Examiner’s Report 6
Receipts and Payments Account 7
Statement of Assets and Liabilities 8
Summary of Income 9
Summary of Expenditure 10
Notes 11

2

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Charity Information For the year ended 31st December, 2021

LEGAL STATUS:

A registered charity formed by a CIO Foundation construction dated 22nd November, 2016, registered on 2nd December, 2016.

TRUSTEES: Mr D R Pickard (Resigned 22/11/2021) Mrs A Haire Mr A Knaggs (Resigned 30/09/2021) Mr G Tomkins Mrs L Simpson Cllr G Lawman Mrs J Brown (Resigned 14/10/2021) Mr K Parmar (Appointed 01/11/2021) Mrs C Mulholland (Appointed 01/11/2021) Mrs G Pride (Appointed 01/11/2021) Mrs M Lamont (Appointed 01/11/2021) Mr S Trundle (Appointed 01/11/2021) Mrs P Elmore (Appointed 01/11/2021)

ADDRESS: C/O Goodwill solutions CIC Deer Park road Northampton NN3 6RX CHARITY NUMBER: 1170542 ACCOUNTANTS: Clifford Roberts, Chartered Accountants, Pacioli House, 9 Brookfield, Duncan Close, Moulton Park, Northampton. NN3 6WL

3

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

REPORT OF THE TRUSTEES

The Trustees present their annual report and audited financial statements for the year ended the 31st December, 2021.

STRUCTURE GOVERNANCE AND MANAGEMENT

The charity is governed by a CIO Foundation constitution dated 22nd November, 2016, registered 2nd December, 2016 to perform the objects of the trust.

The recruitment, appointment and training of new trustees are conducted by existing trustees.

OBJECTIVES OF THE CHARITY

To create the environment and infrastructure for engagement with the local community within the area, which lead to social mobility in the local community, to create employment and education opportunities to create community cohesion and to hold events to bring the community together to facilitate space for community use.

To further or benefit the residents of Hemmingwell and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary 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 conditions of life for the residents.

In furtherance of these objects, but not otherwise, the Trustees shall have power:

PUBLIC BENEFIT

All of the Charity's activities are undertaken to further our charitable purpose for the benefit of the public. The trustees have had regard to the Charity Commission guidance on public benefit in section four of the Charities Act 2011. The main benefits which have arisen during the year from the organisations aims and activities are detailed in the following sections and in the financial review.

REVIEW OF THE DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR

During 2021 the continuing impact of the pandemic and continued short lockdowns greatly affected the Hemmingwell Community & Skills Centre. Where the centre had been and was still intermittently unable to open to regular groups, staff and volunteers collaborated to help the vulnerable members of the local community. The centre organisations and initiatives were able to deliver certain community-based services in order to provide assistance to local people:

4

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

REPORT OF THE TRUSTEES - CONTINUED

REVIEW OF THE DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR (CON'D)

All the activities carried out from the Centre were of great benefit to the local and wider community, particularly, during such a difficult time.

FINANCIAL RESULTS FOR THE YEAR

The financial statements for the year ended the 31st December, 2021 show a deficit of £23,908 (2020 surplus - £32,021). No remuneration or expenses were paid to the trustees in either year.

POLICY ON RESERVES

As a relatively new Charity, the CIO is in the process of building reserves so that should operations be curtailed unexpectedly over the forthcoming year the reserves are sufficient to sustain operations for a period of time. As at 31st December, 2021, reserve stood at £17,423, which the trustees have deemed sufficient, particularly given the level of cash reserves held.

RISK ASSESSMENT POLICY

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate their exposure to the major risks. One key factor, which was prevalent during the year under review, is Covid-19, the centre adapted its service provisions to ensure it was Covid-19 compliant.

PLANS FOR FUTURE PERIODS

The Charity's future plans include the continued buildings of relationships in the local community to meet the charity objects and continue its charitable activity. The Charity plans to apply for the Community Asset Transfer of the building to the charity, which will create huge opportunity to increase funding and expansion of services.

TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved for and on behalf of the trustees on ………………………………………………....……., 2022 and signed on their behalf by:

……………………………………………..

……………………………………………..

Mr G Tomkins

Mrs A Haire

5

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Independent Examiner’s Report

to the Trustees of Hemmingwell Community and Skills Centre CIO

I report on the financial statements of the charity for the year ended 31[st] December, 2021 which are set out on pages 7 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’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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 material 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.

……………………………………

Adam Billingham, BA (Hons), BFP, FCA

Clifford Roberts Chartered Accountants Pacioli House 9 Brookfield Duncan Close Moulton Park Northampton NN3 6WL

Date: …………..

6

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Receipts and Payments Account for the year ended 31st December, 2021

INCOME
Rent
Event income
Grant income
EXPENDITURE
Rent
Rates
Light & Heat
Cleaning
Insurance
Security
Premises expense
Wages
Funding Spend
Donations
Telephone
Computer costs
Accountancy fees
Administrative costs
Sundry
(DEFICIT)/SURPLUS OF INCOME OVER
EXPENDITURE
£
£
14,588
48
29,082
43,717
15,500
360
7,278
6,609
395
804
5,580
1,914
24,067
750
906
393
480
2,490
100
(67,625)
(23,908)
2021
£
£
12,955
60
61,458
74,473
15,500
266
6,203
1,629
399
594
970
-
11,458
1,000
869
147
480
2,892
45
(42,452)
32,021
2020
£
£
12,955
60
61,458
74,473
15,500
266
6,203
1,629
399
594
970
-
11,458
1,000
869
147
480
2,892
45
(42,452)
32,021
2020
74,473
(42,452)
32,021

7

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Statement of Assets and Liabilities as at 31st December, 2021

ACCUMULATED FUNDS
Opening balance
(Deficit)/surplus of income over expenditure
Closing balance
REPRESENTED BY
Current Account
Petty Cash
Debtors
Prepayments
Creditors
Grant Account
Accruals
CASH BALANCES
Opening balance
Net Increase/(Decrease) in the year
Closing balance
2021
£
41,331
(23,908)
17,423
37,093
-
1,661
533
(5,579)
(14,075)
(2,210)
17,423
51,588
(14,495)
37,093
2020
£
9,310
32,021
41,331
51,393
195
5,260
998
(2,241)
(12,242)
(2,032)
41,331
5,251
46,337
51,588

Approval of the unaudited financial statements to 31st December, 2021

The financial statements on pages 7 to 11 were approved by the trustees on……………………..………………………., 2022 and were signed on its behalf by:

…………………………………. …………………………………. Mr G Tomkins Mrs A Haire

8

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Summary of Income for the year ended 31st December, 2021

Rent Received
Room Hire
Storage Income
Event Income
Book Sales
Party Income
Grant Income
Grants Received - Rent support
Grants Received - Covid-19 support
Grants Received - SEMLEP
Grants Received - DEFRA
Grants Received - Premises upgrades
Grants Received - Children's Party
Grants Received - Food bank
TOTAL
2021
£
12,568
2,020
14,588
-
48
48
5,000
-
3,634
-
15,000
750
4,698
29,082
43,717
2020
£
11,435
1,520
12,955
-
60
60
10,000
40,000
10,703
755
-
-
61,458
74,473

9

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Summary of Expenditure for the year ended 31st December, 2021

Light & Heat
Electricity
Gas
Rent
Monthly rent paid
Telephone
Telephone
Administrative Costs
GTA Resources Limited - Finance services
Accountancy
Independent Examination
Donation
Xmas Hampers
Children's Xmas Party
2021
£
4,995
2,283
7,278
15,500
906
906
2,490
2,490
480
480
-
750
750
2020
£
4,083
2,120
6,203
15,500
869
869
2,892
2,892
480
480
1,000
-
1,000

10

HEMMINGWELL COMMUNITY AND SKILLS CENTRE CIO

REGISTERED CHARITY NUMBER: 1170542

Notes to Financial Statements for the year ended 31st December, 2021

Trustees Remuneration and Expenses

No trustee received any remuneration or reimbursed expenses in either the current or prior year.

- Related Party Note Incoming Resources

There were no related party disclosures necessary in relation to incoming resources.

- Related Party Note Outgoing Resources

The company also received finance service and administrative support from GTA Resources Limited, a company in which G Tomkins and A Haire, both Trustees, are directors.

Guarantees

There were no guarantees given by the CIO during the year, and nothing outstanding at the reporting date in respect of any guarantee.

Debt

There is no debt outstanding at the date of the statement of assets and liabilities which is owed by the CIO, and there is no debt secured against any asset owned by the CIO

Nature & Purpose of Funds

The charity deems all receipts and payments as relating to the unrestricted fund, and as such the unrestricted fund can be used towards the furtherance of the charities objects without restriction.

11