**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) Page 2 **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 Page 3 ## **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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 Page 4 **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 Page 5 **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 - (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 Page 6 **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... Page 7 **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... Page 8 **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... Page 9 **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... Page 10 **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... Page 11 **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. Page 12 **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 Page 13