FINAL TRUSTEE REPORT
Since the last report that outlined the difficulties the Centre was facing regarding customer needs and difficulties with funding and staffing, a unanimous decision was made on 16[th] October 2023 to terminate the organisation.
Arrangements were made with Citizens Advice, Rotherham for them to take over although this would be somewhat restricted in relation to the previous cover.
Material assets were donated to local charities that serve the Community.
Confidential paperwork was disposed of by a recognised secure waste company.
Consideration was given as to who would benefit from financial assets once the closing down procedure was complete.
It took considerable time to find an accountant who would take on the job of completing the final accounts and this unfortunately caused delays.
Once the accounts were completed and the financial situation made clear, a unanimous decision was made to donate funds to three organisations that significantly benefit the Community.
Statement of Financial Position Summary
Kiveton Park Independent Advice Centre
As of 29 January, 2026
| DISTRIBUTION ACCOUNT | TOTAL |
|---|---|
| Called up share capital not paid | |
| Fixed Asset | £0.00 |
| Tangible assets | £0.00 |
| Total for Fixed Asset | £0.00 |
| Cash at bank and in hand | £42,407.75 |
| Debtors | £0.00 |
| Current Assets | |
| NET CURRENT ASSETS | £42,407.75 |
| Prepayments and accrued income | 113.83 |
| Creditors: amounts falling due within one year | £2,657.40 |
| Trade Creditors | £2,657.40 |
| Current Liabilities | £0.00 |
| Total for Creditors: amounts falling due within one year | £2,657.40 |
| NET CURRENT ASSETS (LIABILITIES) | £39,864.18 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | £39,864.18 |
| Creditors: amounts falling due after more than one year | |
| Provision for liabilities and charges | |
| Accruals and deferred income | |
| TOTAL NET ASSETS (LIABILITIES) | £39,864.18 |
| Capital and Reserves | £39,864.18 |
1/1
Accrual Basis Thursday, 29 January 2026 11:16 AM GMTZ