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 2022
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 2022
| 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 2022
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 2022. 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
In October 2021, Brookside Central CIO started recruitment process for an Administration Assistant. This role has now successfully been filled, and they have passed a 3-month probationary period. The administration assistant role has been crucial to the reopening of the centre as they have taken on centre bookings and front of house roles.
Volunteer recruitment, training and retention is ongoing.
Leaseholders
Leaseholders have now returned to the centre, with the addition of Severn Training and Schools Alliance who have joined the building. Bookings from September onwards increased significantly.
Events
During the year Brookside Central CIO held a few events/ programmes as lockdown finished. Starting with the Happy, Healthy, Active, Holidays programme for children living in Brookside on Income Related Free School Meals. This was delivered in partnership with the Creation Station and Shropshire Youth Association. Feedback from these sessions were positive.
Page 1
BROOKSIDE CENTRAL CIO
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2022
In October 2021, Brookside Central CIO in partnership with Brookside Big Local and Stirchley and Brookside Parish Council put on 'Brookside Connects', an event free to the community where key community organisations came together to inform the wider community what they do and how they can get involved. There were stalls, a community arts project running and scheduled talks throughout the day. This was a well organised and attended event.
Following the successes of Brookside Connects, 'Network Central' was developed. This is where key organisations would come together to Network and find partnership ideas and project development opportunities. In total Brookside Central CIO held 4 of these sessions.
Health and Safety
There were no major accidents or incidents during this period.
In terms of building management, the main issues surrounded water damage and leaks. These issues have now been resolved.
Environmental
Brookside Central CIO continues to support Brookside Big Local with the Community Fridge Initiative to reduce the amount of food being sent to landfill, and with the aim of reducing food poverty.
The centre manager has also been on numerous ward walks with partnership organisations to look at the wider community issues and solutions.
Room Bookings
Bookings were slow from April 2021 until September 2021 where Severn Training and Schools Alliance started, and community groups and courses returned.
Funding/ Fundraising
Funding that Brookside Central CIO have been successful for are: Holiday Eatwell Funding Councillor pride funding- new equipment for the centre Councillor pride funding- room hire Community Health and Wellbeing project
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
Trustees
J S Smith Mrs J D Idiens Chairperson J Loveridge C Lloyd A E Hudson (appointed 18.8.21)
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BROOKSIDE CENTRAL CIO
REPORT OF THE TRUSTEES for the Year Ended 31st March 2022
REFERENCE AND ADMINISTRATIVE DETAILS
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 January 2023 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 2022.
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
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the accounts do not accord with those records; or
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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 January 2023
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BROOKSIDE CENTRAL CIO
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st March 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 76,141 Other trading activities 2 25,331 Investment income 3 15 Total 101,487 EXPENDITURE ON Charitable activities Maintaing a community centre. 71,677 NET INCOME 29,810 Transfers between funds 11 7,494 Net movement in funds 37,304 RECONCILIATION OF FUNDS Total funds brought forward 58,814 TOTAL FUNDS CARRIED FORWARD 96,118 |
Restricted fund £ - 8,674 - 8,674 1,180 7,494 (7,494) - 3,956 3,956 |
31.3.22 Total funds £ 76,141 34,005 15 110,161 72,857 37,304 - 37,304 62,770 100,074 |
31.3.21 Total funds £ 60,947 17,420 45 |
|---|---|---|---|
| 78,412 | |||
| 72,825 5,587 - |
|||
| 5,587 57,183 |
|||
| 62,770 |
The notes form part of these financial statements
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BROOKSIDE CENTRAL CIO
BALANCE SHEET
31st March 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 3,262 CURRENT ASSETS Debtors 9 5,455 Cash at bank and in hand 91,074 96,529 CREDITORS Amounts falling due within one year 10 (3,673) NET CURRENT ASSETS 92,856 TOTAL ASSETS LESS CURRENT LIABILITIES 96,118 NET ASSETS 96,118 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - 2,687 1,269 3,956 - 3,956 3,956 3,956 |
31.3.22 Total funds £ 3,262 8,142 92,343 100,485 (3,673) 96,812 100,074 100,074 96,118 3,956 100,074 |
31.3.21 Total funds £ 3,745 9,679 52,916 62,595 (3,570) 59,025 62,770 62,770 58,814 3,956 62,770 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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
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(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 January 2023 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 2022
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 2022
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Other income | 744 | 755 | |
| Fund raising | 256 | - | |
| Room hire | 30,975 | 2,500 | |
| Wellbeing & Breakfast club | 2,030 | 9,001 | |
| Covid - CJRS payroll grants | - | 5,164 | |
| 34,005 | 17,420 | ||
| 3. | INVESTMENT INCOME | ||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Deposit account interest | 15 | 45 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Depreciation - owned assets | 1,797 | 3,122 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.3.22 | 31.3.21 | |
|---|---|---|
| Charitable activities | 1 | 1 |
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 2022
| 7. | COMPARATIVES FOR THE | STATEMENT | STATEMENT | OF FINANCIAL | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| fund | fund | funds | ||||||
| £ | £ | £ | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||||
| Donations and legacies | 60,947 | - | 60,947 | |||||
| Other trading activities | 8,419 | 9,001 | 17,420 | |||||
| Investment income | 45 | - | 45 | |||||
| Total | 69,411 | 9,001 | 78,412 | |||||
| EXPENDITURE ON | ||||||||
| Charitable activities | ||||||||
| Maintaing a community centre. | 67,780 | 5,045 | 72,825 | |||||
| NET INCOME | 1,631 | 3,956 | 5,587 | |||||
| RECONCILIATION OF FUNDS | ||||||||
| Total funds brought forward | 57,183 | - | 57,183 | |||||
| TOTAL FUNDS CARRIED FORWARD | 58,814 | 3,956 | 62,770 | |||||
| 8. | TANGIBLE FIXED ASSETS | |||||||
| Improvements | Fixtures | |||||||
| to | Plant and | and | Computer | |||||
| property | machinery | fittings | equipment | Totals | ||||
| £ | £ | £ | £ | £ | ||||
| COST | ||||||||
| At 1st April 2021 | 6,329 | 3,546 | 504 | 2,596 | 12,975 | |||
| Additions | - | - | 1,314 | - | 1,314 | |||
| At 31st March 2022 | 6,329 | 3,546 | 1,818 | 2,596 | 14,289 | |||
| DEPRECIATION | ||||||||
| At 1st April 2021 | 5,568 | 1,632 | 241 | 1,789 | 9,230 | |||
| Charge for year | 761 | 287 | 100 | 649 | 1,797 | |||
| At 31st March 2022 | 6,329 | 1,919 | 341 | 2,438 | 11,027 | |||
| NET BOOK VALUE | ||||||||
| At 31st March 2022 | - | 1,627 | 1,477 | 158 | 3,262 | |||
| At 31st March 2021 | 761 | 1,914 | 263 | 807 | 3,745 |
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2022
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 11. MOVEMENT IN FUNDS Net movement At 1.4.21 in funds £ £ Unrestricted funds General fund 58,814 29,810 Restricted funds Eatwell & Breakfast Club 3,956 7,494 TOTAL FUNDS 62,770 37,304 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 101,487 Restricted funds Eatwell & Breakfast Club 8,674 TOTAL FUNDS 110,161 |
31.3.22 31.3.21 £ £ 6,368 7,137 1,774 2,542 8,142 9,679 31.3.22 31.3.21 £ £ 3,673 3,570 Transfers between At funds 31.3.22 £ £ 7,494 96,118 (7,494) 3,956 - 100,074 Resources Movement expended in funds £ £ (71,677) 29,810 (1,180) 7,494 (72,857) 37,304 |
|---|---|
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2022
11. MOVEMENT IN FUNDS - continued
Comparatives for 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 |
| Comparative 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 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.20 | in funds | funds | 31.3.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 57,183 | 31,441 | 7,494 | 96,118 |
| Restricted funds | ||||
| Eatwell & Breakfast Club | - | 11,450 | (7,494) | 3,956 |
| TOTAL FUNDS | 57,183 | 42,891 | - | 100,074 |
continued...
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BROOKSIDE CENTRAL CIO
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2022
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Eatwell & Breakfast Club TOTAL FUNDS |
Incoming resources £ 170,898 17,675 188,573 |
Resources Movement expended in funds £ £ (139,457) 31,441 (6,225) 11,450 (145,682) 42,891 |
|---|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
13. FUNDS
General Fund
Retained funds are maximized to enable the continuing provision of the charitable activities in the future.
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BROOKSIDE CENTRAL CIO
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st March 2022
| 31.3.22 | 31.3.21 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Local grants | 76,141 | 60,947 |
| Other trading activities | ||
| Other income | 744 | 755 |
| Fund raising | 256 | - |
| Room hire | 30,975 | 2,500 |
| Wellbeing & Breakfast club | 2,030 | 9,001 |
| Covid - CJRS payroll grants | - | 5,164 |
| 34,005 | 17,420 | |
| Investment income | ||
| Deposit account interest | 15 | 45 |
| Total incoming resources | 110,161 | 78,412 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 24,103 | 24,371 |
| Wages recharge from SBPC | 8,282 | 10,664 |
| Pensions | 931 | 245 |
| Rates and water | 770 | 1,200 |
| Insurance | 3,736 | 3,709 |
| Light and heat | 9,599 | 10,375 |
| Telephone | 154 | - |
| Postage and stationery | 1,501 | 278 |
| Sundries | 4,208 | 3,559 |
| Key holding and lock services | 1,669 | 600 |
| Repairs and renewals | 8,631 | 3,191 |
| Alarm and security | 756 | 1,296 |
| Subscriptions | 2,092 | 2,183 |
| Waste collection | 2,473 | 2,037 |
| Wellbeing & Breakfast club | 1,180 | 5,045 |
| Accountancy | 975 | 950 |
| Depreciation - Property improvements | 761 | 2,089 |
| Depreciation - Plant and machinery | 287 | 338 |
| Depreciation - Fixtures and fittings | 100 | 46 |
| Depreciation - Computer equipment | 649 | 649 |
| 72,857 | 72,825 | |
| Total resources expended | 72,857 | 72,825 |
| Net income | 37,304 | 5,587 |
This page does not form part of the statutory financial statements
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