Charity Registration No. 1171390
Company Registration No. 10213452 (England and Wales)
DUNSTON ACTIVITY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
DUNSTON ACTIVITY CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs Pauline Brown Mr C R Lowe Mrs Joyce Forster Mr E Nichols
Charity number 1171390 Company number 10213452 Registered office 33 Whickham Highway Dunston Hill Gateshead NE11 9QJ Independent examiner Gunnell & Chambers Accountants Limited Office 3, 8 Fellside Road Whickham Newcastle Upon Tyne NE16 4AL
DUNSTON ACTIVITY CENTRE
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 10 |
DUNSTON ACTIVITY CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 JUNE 2021
The Trustees present their report and financial statements for the year ended 30 June 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Act 2011, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
Objectives and activities
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Achievements and performance
This has been a year in which we have much extended the programme of our activities, events and services, providing them either free of charge or at prices that are widely regarded as very reasonable. We are therefore encouraged that our income rose to £225,737 and that our profit of £49,393 was an improvement on last year. When we combine our profit with accumulated in our contingency fund, we ended the year with a surplus of £49,728.
We achieved wide area recognition for the quality of our Toddler Times, Messy Play and Gym Star sessions. Our free 'Companions Club' service to the elderly, referred to us by our local medical centre, has been widely praised by Council officials and visitors from various funding bodies. This group attracts about 40 residents who have experienced significant challenges through bereavement, isolation, loneliness and depression. We have refreshed our gymnastics' programme by employing a new head coach and by training a team of coaches that include our own staff members, volunteers and young people. We hope that our investment of financial resources into this programme will bring both increasing satisfaction to our clients and increased monies into our bank account.
Our gym membership remained strong relative to the current climate which included a number of lockdowns. We have been praised area-wide for the quality and scope of the children's holiday and birthday parties we provide and these have been very well attended. Whether themed around Krazy Karts, football, giant soft play, inflatables, dart wars, Peppa Pig, princesses or unicorns, we have been regularly Face-booked for providing excellent fun activities at prices which are modest to say the least.
Taking full account of the tension between reaching vulnerable groups within our community and remaining financially sustainable, he have planned a major 'Hear and Now' listening project to alleviate the wide-scale increase in depression, anxiety and suicide in our area. We applied for funding the cover the training of a team of male and female counsellors who will provide and immediate service, five days a week on a rota basis. Through our good relationships with our clients and those simply coming into the Centre for a cup of coffee, we have become increasingly aware of the poor mental health of many in our community and have taken steps to meet the need.
It is well documented that the North East is the most significant area in the Country for mental health problems and the suicide rates here are twice that of London. The problem with the talking therapies provided by local medical centres is that they are in such great demand that residents who need quite immediate support are often unable to secure the services of community psychiatric nurses or counsellors. We are therefore encouraged that, after promotion, our programme will contribute significantly to the improvement of community health.
we have also been working on projects to provide meaningful, mid-week social interaction for adolescents within our community. This involves not only games and activities but the inculcation of positive community values. We are also set to accommodate residents from ethnic minorities according to their special needs and to plan events that enhance their social integration.
Currently, we are planning an advertising programme to maximise the use of the Centre and to become increasingly involved in networking with the NHS, Social Services and other area organisations with the hope of securing commissioning by them.
For the future, we have been discussing the re-design of the Centre so as better to meet local needs. Whether for the present, the interim or the future, we remain enthusiastically dedicated to the positive transformation of our community.
Financial review
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DUNSTON ACTIVITY CENTRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
The Trustees has assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The Charity is a company limited by guarantee.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mrs Pauline Brown
Mr C R Lowe Mrs Joyce Forster Mr E Nichols
New trustees may be appointed by a resolution passed at a special meeting of the trustees, or by statutory powers.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The Trustees' r eport was approved by the Board of Trustees.
Mrs Pauline Brown
Trustee Dated: 24 November 2021
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DUNSTON ACTIVITY CENTRE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUNSTON ACTIVITY CENTRE
I report to the Trustees on my examination of the financial statements of Dunston Activity Centre (the Charity) for the year ended 30 June 2021.
Responsibilities and basis of report
As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:
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1 accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
Gunnell & Chambers Accountants Limited
Office 3, 8 Fellside Road Whickham Newcastle Upon Tyne NE16 4AL
Dated: 24 November 2021
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DUNSTON ACTIVITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2021
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2020 | ||
| Notes | £ |
£ | |
| Income from: | |||
| Donations and legacies | 3 | 181,470 | 100,175 |
| Charitable activities | 4 | 43,394 | 51,660 |
| Investments | 5 | 873 | 4 |
| Total income | 225,737 | 151,839 | |
| Expenditure on: | |||
| Charitable activities | 6 | 176,344 | 156,511 |
| Net income/(expenditure) for the year/ | |||
| Net movement in funds | 49,393 | (4,672) | |
| Fund balances at 1 July 2020 | 335 | 5,007 | |
| Fund balances at 30 June 2021 | 49,728 | 335 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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DUNSTON ACTIVITY CENTRE
BALANCE SHEET
AS AT 30 JUNE 2021
| 2021 Notes £ Fixed assets Tangible assets 9 Current assets Cash at bank and in hand 164,410 Creditors: amounts falling due within one year 10 (150,541) Net current assets/(liabilities) Total assets less current liabilities Income funds Unrestricted funds |
£ 35,859 13,869 49,728 49,728 49,728 |
2020 £ 35,289 (61,907) |
£ 26,953 (26,618) 335 335 335 |
|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2021.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 15 November 2021
Mrs Pauline Brown
Trustee
Company Registration No. 10213452
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DUNSTON ACTIVITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
1 Accounting policies
Charity information
Dunston Activity Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is 33 Whickham Highway, Dunston Hill, Gateshead, NE11 9QJ.
1.1 Accounting convention
The financial statements have been prepared in accordance with FRS102 , the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the Charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5 Expenditure
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DUNSTON ACTIVITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 15% reducing balance Fixtures and fittings 15% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity ’s contractual obligations expire or are discharged or cancelled.
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DUNSTON ACTIVITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Donations and gifts Grants receivable Membership fees Charitable activities Charitable Income Heading 1 Charitable Income Heading 7 2021 2021 £ £ Sales of services by beneficiaries - 8,271 Charitable rental income 34,952 - Other income 171 - 35,123 8,271 |
UnrestrictedUnrestricted funds funds 2021 2020 £ £ 5,360 4,920 144,971 10,966 31,139 84,289 181,470 100,175 Total 2021 Charitable Income Heading 1 Charitable Income Heading 7 Total 2020 2020 2020 £ £ £ £ 8,271 - 31,529 31,529 34,952 20,131 - 20,131 171 - - - 43,394 20,131 31,529 51,660 |
|---|---|
4 Charitable activities
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DUNSTON ACTIVITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
5 Investments
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds |
||
| 2021 | 2020 |
||
| £ | £ |
||
| Interest receivable | 873 | 4 |
|
| 6 | Charitable activities | ||
| Charitable | Charitable |
||
| Expenditure | Expenditure |
||
| Heading 1 | Heading 1 |
||
| 2021 | 2020 |
||
| £ | £ |
||
| Cafe expenses | 3,475 | 13,341 |
|
| Leisure assistants | 71,694 | 79,687 |
|
| Rates and water | 4,008 | 6,789 |
|
| Light and heat | 22,194 | 27,530 |
|
| Repairs and maintenance | 55,705 | 12,717 |
|
| Insurance | 3,159 | 3,127 |
|
| Cleaning | 1,433 | 1,275 |
|
| Motor and travel | - | 261 |
|
| Legal and professional | - | 1,655 |
|
| Telephone | 1,428 | 1,481 |
|
| Stationery and printing | 6,477 | 2,015 |
|
| Depreciation | 5,093 | 4,312 |
|
| Advertising | 169 | 488 |
|
| General expenses | 367 | 459 |
|
| Bank charges | 182 | 834 |
|
| Other charitable expenditure | 960 | 540 |
|
| 176,344 | 156,511 |
||
| 176,344 | 156,511 |
7 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
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DUNSTON ACTIVITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
8 Employees
The average monthly number of employees during the year was:
| 2021 Number 8 9 Tangible fixed assets Plant and equipment Fixtures and fittings £ £ Cost At 1 July 2020 37,672 7,186 Additions - 14,000 At 30 June 2021 37,672 21,186 Depreciation and impairment At 1 July 2020 15,966 1,940 Depreciation charged in the year 3,256 1,837 At 30 June 2021 19,222 3,777 Carrying amount At 30 June 2021 18,450 17,409 At 30 June 2020 21,707 5,246 |
2020 Number 8 Total £ 44,858 14,000 58,858 17,906 5,093 22,999 35,859 26,953 |
|---|---|
10 Creditors: amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income |
2021 £ - 59,581 90,960 150,541 |
2020 £ 4,927 56,440 540 61,907 |
|---|---|---|
11 Related party transactions
There were no disclosable related party transactions during the year (2020 - none) .
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