REGISTERED COMPANY NUMBER: CE010564 (England and Wales) REGISTERED CHARITY NUMBER: 1172037
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021
FOR
BROOKSIDE CENTRAL CIO
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
BROOKSIDE CENTRAL CIO
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31st March 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
BROOKSIDE CENTRAL CIO
REPORT OF THE TRUSTEES for the Year Ended 31st March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of 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
Objectives and aims
To further or benefit the residents of Brookside, Stirchley, Telford, Shropshire and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and this 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 condition of life for the residents.
In furtherance of these objectives but not otherwise, the trustees and voting members shall have power:
To establish or secure the establishment of a community centre and maintain or manage or cooperate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objectives.
Public benefit
The main activity is undertaken to further our charitable objective for the public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Staffing
At the beginning of the year, Brookside Central had a new Centre Manager start post who kept the building operational throughout Covid-19 to allow support schemes to run.
Leaseholders
Most of our leaseholders have remained the same during the financial year but have stopped services during the lockdowns but have stated when lockdown lifts will resume as normal.
Events
During the year Brookside Central CIO usually organise events and this year we received funding from Telford and Wrekin Council to provide Holiday provisions for children on income related free school meals. We also received funding from the Community Foundation for Staffordshire to provide wellbeing packs for children during lockdown. This was done through timed slots to keep everyone safe throughout Covid-19.
These events are shown below: Holiday Eatwell activity Community Foundation wellbeing packs Breakfast packs
Brookside Central CIO also supported Brookside Big Local with the delivery and logistics of there Meals on Wheels scheme throughout lockdown.
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BROOKSIDE CENTRAL CIO
REPORT OF THE TRUSTEES for the Year Ended 31st March 2021
Health and Safety
There were no major accidents or incidents during this period.
Although the building was unoccupied during the Covid-19 lockdowns, maintenance of the building continued as normal.
Environmental
During lockdown Brookside Central CIO continued to support Brookside Big Local with there Community Fridge Initiative to reduce the amount of food being sent to landfill.
Brookside Central CIO also started working alongside the Food Share Project delivering a weekly pop-up shop outside the community centre with the aim of reducing food poverty and reducing the amount of food being sent to landfill.
Room Bookings
Room bookings were drastically reduced with many groups and hirers closing completely for the year. In September 2020, Brookside Central CIO did welcome back Brookside Big Local Staff and the Brookside Preschool Team.
Funding
Brookside Central CIO has worked to apply for funding to address the needs of our community during the pandemic, at first, we applied for and gained funding to create weekly activity packs for children through isolation. We then had funding to provide a weekly breakfast pack for families. We then began recipe and ingredient packs as apart of the holiday Eatwell funding.
Future Activities
Brookside Central CIO continues to face financial challenges during the year as the local budgets continue to reduce and the long-term impact of the global pandemic becomes apparent. We will seek to support our existing groups as well as attracting new customers to help us remain sustainable.
We will continue to seek funding for capital future projects.
Brookside Central CIO will continue to promote ourselves and its services at every opportunity whilst seeking out other means of increasing income.
Budgets will be monitored to ensure that there is no wastage of resources and contracts with suppliers will reviewed to ensure that best value is obtained in every case.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE010564 (England and Wales)
Registered Charity number
1172037
Registered office
Brookside Central Community Centre Burford Brookside Telford Shropshire TF3 1LP
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BROOKSIDE CENTRAL CIO
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2021
Trustees
J S Smith Mrs J D Idiens Chairperson J Loveridge C Lloyd A E Hudson (appointed 18.8.21)
Independent Examiner
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
Approved by order of the board of trustees on 17th December 2021 and signed on its behalf by:
Mrs J D Idiens - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROOKSIDE CENTRAL CIO
Independent examiner's report to the trustees of Brookside Central CIO ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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
-
the accounts 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 accounts to be reached.
Russell Ball D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
17th December 2021
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BROOKSIDE CENTRAL CIO
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st March 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 60,947 Other trading activities 2 8,419 Investment income 3 45 Total 69,411 EXPENDITURE ON Charitable activities Maintaing a community centre. 67,780 NET INCOME/(EXPENDITURE) 1,631 RECONCILIATION OF FUNDS Total funds brought forward 57,183 TOTAL FUNDS CARRIED FORWARD 58,814 |
Restricted fund £ - 9,001 - 9,001 5,045 3,956 - 3,956 |
31.3.21 Total funds £ 60,947 17,420 45 78,412 72,825 5,587 57,183 62,770 |
31.3.20 Total funds £ 30,500 23,252 315 54,067 97,471 (43,404) 100,587 57,183 |
|---|---|---|---|
The notes form part of these financial statements
Page 5
BROOKSIDE CENTRAL CIO
BALANCE SHEET
31st March 2021
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 8 | 3,745 | - | 3,745 | 6,867 | |
| CURRENT ASSETS | ||||||
| Debtors | 9 | 6,992 | 2,687 | 9,679 | 4,728 | |
| Cash at bank and in hand | 51,647 | 1,269 | 52,916 | 48,572 | ||
| 58,639 | 3,956 | 62,595 | 53,300 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 10 | (3,570) | - | (3,570) | (2,984) | |
| NET CURRENT ASSETS | 55,069 | 3,956 | 59,025 | 50,316 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 58,814 | 3,956 | 62,770 | 57,183 | ||
| NET ASSETS | 58,814 | 3,956 | 62,770 | 57,183 | ||
| FUNDS | 11 | |||||
| Unrestricted funds | 58,814 | 57,183 | ||||
| Restricted funds | 3,956 | - | ||||
| TOTAL FUNDS | 62,770 | 57,183 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17th December 2021 and were signed on its behalf by:
J D Idiens - Trustee
The notes form part of these financial statements
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31st March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 33% on cost Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Computer equipment - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2021
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Other income | 755 | 1,255 | |
| Fund raising | - | 1,688 | |
| Room hire | 2,500 | 20,309 | |
| Wellbeing & Breakfast club | 9,001 | - | |
| Covid - CJRS payroll grants | 5,164 | - | |
| 17,420 | 23,252 | ||
| 3. | INVESTMENT INCOME | ||
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Deposit account interest | 45 | 315 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.21 | 31.3.20 | ||
| £ | £ | ||
| Depreciation - owned assets | 3,122 | 3,111 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.3.21 | 31.3.20 | |
|---|---|---|
| Charitable activities | 1 | 2 |
No employees received emoluments in excess of £60,000.
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2021
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 30,500 - Other trading activities 23,252 - Investment income 315 - Total 54,067 - EXPENDITURE ON Charitable activities Maintaing a community centre. 97,471 - NET INCOME/(EXPENDITURE) (43,404) - RECONCILIATION OF FUNDS Total funds brought forward 100,587 - TOTAL FUNDS CARRIED FORWARD 57,183 - 8. TANGIBLE FIXED ASSETS Improvements Fixtures to Plant and and Computer property machinery fittings equipment £ £ £ £ COST At 1st April 2020 and 31st March 2021 6,329 3,546 504 2,596 DEPRECIATION At 1st April 2020 3,479 1,294 195 1,140 Charge for year 2,089 338 46 649 At 31st March 2021 5,568 1,632 241 1,789 NET BOOK VALUE At 31st March 2021 761 1,914 263 807 At 31st March 2020 2,850 2,252 309 1,456 |
Total funds £ 30,500 23,252 315 54,067 97,471 (43,404) 100,587 57,183 Totals £ 12,975 6,108 3,122 9,230 3,745 6,867 |
|---|---|
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2021
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| £ | £ | |||
| Trade debtors | 7,137 | 2,526 | ||
| Prepayments | 2,542 | 2,202 | ||
| 9,679 | 4,728 | |||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.21 | 31.3.20 | |||
| £ | £ | |||
| Trade creditors | - | 1,032 | ||
| Accrued expenses | 3,570 | 1,952 | ||
| 3,570 | 2,984 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 57,183 | 1,631 | 58,814 | |
| Restricted funds | ||||
| Eatwell & Breakfast Club | - | 3,956 | 3,956 | |
| TOTAL FUNDS | 57,183 | 5,587 | 62,770 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 69,411 | (67,780) | 1,631 | |
| Restricted funds | ||||
| Eatwell & Breakfast Club | 9,001 | (5,045) | 3,956 | |
| TOTAL FUNDS | 78,412 | (72,825) | 5,587 |
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.19 £ Unrestricted funds General fund 100,587 TOTAL FUNDS 100,587 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 54,067 TOTAL FUNDS 54,067 |
Net movement At in funds 31.3.20 £ £ (43,404) 57,183 (43,404) 57,183 Resources Movement expended in funds £ £ (97,471) (43,404) (97,471) (43,404) |
At 31.3.20 £ 57,183 |
At 31.3.20 £ 57,183 |
|---|---|---|---|
| 57,183 | |||
| (43,404) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 100,587 | (41,773) | 58,814 |
| Restricted funds | |||
| Eatwell & Breakfast Club | - | 3,956 | 3,956 |
| TOTAL FUNDS | 100,587 | (37,817) | 62,770 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 123,478 | (165,251) | (41,773) |
| Restricted funds | |||
| Eatwell & Breakfast Club | 9,001 | (5,045) | 3,956 |
| TOTAL FUNDS | 132,479 | (170,296) | (37,817) |
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2021.
13. FUNDS
General Fund
Retained funds are maximized to enable the continuing provision of the charitable activities in the future.
Page 12
BROOKSIDE CENTRAL CIO
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| for the Year Ended 31st March 2021 | ||
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Local grants | 60,947 | 30,500 |
| Other trading activities | ||
| Other income | 755 | 1,255 |
| Fund raising | - | 1,688 |
| Room hire | 2,500 | 20,309 |
| Wellbeing & Breakfast club | 9,001 | - |
| Covid - CJRS payroll grants | 5,164 | - |
| 17,420 | 23,252 | |
| Investment income | ||
| Deposit account interest | 45 | 315 |
| Total incoming resources | 78,412 | 54,067 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 24,371 | 25,755 |
| Wages recharge from SBPC | 10,664 | 14,718 |
| Pensions | 245 | 399 |
| Rates and water | 1,200 | 620 |
| Insurance | 3,709 | 3,458 |
| Light and heat | 10,375 | 12,993 |
| Postage and stationery | 278 | 3,445 |
| Sundries | 3,559 | 6,852 |
| Key holding and lock services | 600 | 3,022 |
| Repairs and renewals | 3,191 | 11,740 |
| Alarm and security | 1,296 | 2,364 |
| Subscriptions | 2,183 | 3,312 |
| Waste collection | 2,037 | 3,807 |
| Fundraising costs | - | 925 |
| Wellbeing & Breakfast club | 5,045 | - |
| Accountancy | 950 | 950 |
| Depreciation - Property improvements | 2,089 | 2,089 |
| Depreciation - Plant and machinery | 338 | 318 |
| Depreciation - Fixtures and fittings | 46 | 55 |
| Depreciation - Computer equipment | 649 | 649 |
| 72,825 | 97,471 | |
| Total resources expended | 72,825 | 97,471 |
| Net income/(expenditure) | 5,587 | (43,404) |
This page does not form part of the statutory financial statements
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