**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 2023**
## **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 2023**
|||**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 2023**
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 2023. 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**
The administration assistant probationary period came to an end during this period and all appraisals went well and appropriate targets were set.
Brookside Central CIO also advertised and appointed a caretaking assistant during this period. They completed training and this had made the operations of the centre smoother.
## **Leaseholders**
During this financial year, Stirchley and Brookside Parish Council surrendered the lease for the building back to Telford and Wrekin Council. Brookside Central CIO were then offered the lease directly with Telford and Wrekin Council, this was signed and completed in March 2023.
As a part of this; the CIO now can hold licences with Recharge and can decide the future of the café space within Brookside Central Community Centre.
## **Building**
During this period the centre had a full upgrade of Wi-Fi, meaning we can offer a better service to our centre users and customers.
An external defibrillator case was fitted at the front of the building so anyone in the community can use the defibrillator in the event of an emergency.
Page 1
**BROOKSIDE CENTRAL CIO**
## **REPORT OF THE TRUSTEES for the Year Ended 31st March 2023**
## **Health and Safety**
There were no major accidents or incidents during this period.
## **Public relations and partnership working**
During this period Brookside Central CIO worked in partnership with Capgemini and completed their community challenge. As apart of this we worked with students from the University about key areas where we as a small charity face challenges and barriers and to work together to find ways to overcome these. One of the main problems of the centre is that we do not have an active and live website- the main outcome of the challenge was that the students created a website which is now live and linked to our domain. (www.brooksidecentral.co.uk)
As apart of our press and public relations Brookside Central CIO Centre Manager went onto BBC Breakfast TV to promote the community centre and the work we do in Brookside to help the community in relation to the cost of living crisis.
Brookside Central CIO also began partnering with the Brookside Supermarket; in October Biggie (shop owner) brought all tickets to our Halloween disco and gave them out free of charge to children on the Brookside estate. He also put on a special at the chip shop on the day of the disco for families.
Centre Manager of Brookside Central CIO and the Brookside Big Local Co-ordinator attended Big Local Connects in October 2022; a national networking event for all Big Local areas where they met lots of other community workers to share best practices and find out about up-and-coming opportunities for Brookside Central Community Centre.
Finally, to increase public relations the Centre Manager became a Life Ready Work Ready volunteer with Telford and Wrekin Council. Where she went into local primary schools to talk to them about being a charity worker and the work Brookside Central CIO does.
## **Room Bookings**
Room bookings during this period have gradually increased.
## **Brookside Big Local**
At the start of this period Brookside Central CIO was approached by Brookside Big Local with a proposal to take on the Human Resources Contract. Considering this the Brookside Big Local Co-ordinator's employment was transferred to Brookside Central CIO but being funded by Brookside Big Local, with their strategic direction and targets also being set by Brookside Big Local.
In December 2022; Brookside Central CIO took on the full role of the locally trusted organisation for Brookside Big Local. Meaning that not only is the CIO responsible for the HR responsibilities but now also responsible for the financial monitoring and responsibilities and all other legalities.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Charity is funded by grants and there is no certainty what will be received in the future.
To cover for possible short term declines in grants, Trustees try and maintain reserves of at least £70,000 to cover one years expenses.
## **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
Page 2
**BROOKSIDE CENTRAL CIO**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31st March 2023**
## **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 T McCue (appointed 6.5.22) A R H England (appointed 6.5.22)
## **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 16th January 2024 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 2023.
## **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
16th January 2024
Page 4
**BROOKSIDE CENTRAL CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **for the Year Ended 31st March 2023**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
49,451
Other trading activities
2
38,777
Investment income
3
670
**Total**
88,898
**EXPENDITURE ON**
**Charitable activities**
Maintaing a community centre.
98,854
**NET INCOME/(EXPENDITURE)**
(9,956)
**RECONCILIATION OF FUNDS**
Total funds brought forward
96,118
**TOTAL FUNDS CARRIED FORWARD**
86,162|Restricted
funds
£
51,558
-
-
51,558
20,660
30,898
3,956
34,854|31.3.23
Total
funds
£
101,009
38,777
670
140,456
119,514
20,942
100,074
121,016|31.3.22
Total
funds
£
76,141
34,005
15|
|---|---|---|---|
||||110,161|
||||72,857|
||||37,304
62,770|
||||100,074|
The notes form part of these financial statements
Page 5
**BROOKSIDE CENTRAL CIO**
## **BALANCE SHEET**
## **31st March 2023**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
8
5,967
**CURRENT ASSETS**
Debtors
9
5,979
Cash at bank and in hand
78,535
84,514
**CREDITORS**
Amounts falling due within one year
10
(4,319)
**NET CURRENT ASSETS**
80,195
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
86,162
**NET ASSETS**
86,162
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
34,854
34,854
-
34,854
34,854
34,854|31.3.23
Total
funds
£
5,967
5,979
113,389
119,368
(4,319)
115,049
121,016
121,016
86,162
34,854
121,016|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|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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 16th January 2024 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 2023**
## **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 - 33% 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 2023**
|**2.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||31.3.23|31.3.22|
|||£|£|
||Other income|1,000|744|
||Fund raising|-|256|
||Room hire|37,777|30,975|
||Wellbeing and Breakfast club|-|2,030|
|||38,777|34,005|
|**3.**|**INVESTMENT INCOME**|||
|||31.3.23|31.3.22|
|||£|£|
||Deposit account interest|670|15|
|**4.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||31.3.23|31.3.22|
|||£|£|
||Depreciation - owned assets|1,150|1,797|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2023 nor for the year ended 31st March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st March 2023 nor for the year ended 31st March 2022.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||31.3.23|31.3.22|
|---|---|---|
|Charitable activities|2|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 2023**
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
76,141
-
Other trading activities
25,331
8,674
Investment income
15
-
**Total**
101,487
8,674
**EXPENDITURE ON**
**Charitable activities**
Maintaing a community centre.
71,677
1,180
**NET INCOME**
29,810
7,494
**Transfers between funds**
7,494
(7,494)
**Net movement in funds**
37,304
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
58,814
3,956
**TOTAL FUNDS CARRIED FORWARD**
96,118
3,956
**8.**
**TANGIBLE FIXED ASSETS**
Improvements
Fixtures
to
Plant and
and
Computer
property
machinery
fittings
equipment
£
£
£
£
**COST**
At 1st April 2022
6,329
3,546
1,818
2,596
Additions
-
-
-
3,855
At 31st March 2023
6,329
3,546
1,818
6,451
**DEPRECIATION**
At 1st April 2022
6,329
1,919
341
2,438
Charge for year
-
244
222
684
At 31st March 2023
6,329
2,163
563
3,122
**NET BOOK VALUE**
At 31st March 2023
-
1,383
1,255
3,329
At 31st March 2022
-
1,627
1,477
158|Total
funds
£
76,141
34,005
15|
|---|---|
||110,161|
||72,857|
||37,304
-|
||37,304
62,770|
||100,074|
||Totals
£
14,289
3,855
18,144
11,027
1,150
12,177
5,967
3,262|
continued...
Page 9
**BROOKSIDE CENTRAL CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2023**
|**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**
At 1.4.22
£
**Unrestricted funds**
General fund
96,118
**Restricted funds**
Eatwell & Breakfast Club
3,956
Brookside Big Local
-
3,956
**TOTAL FUNDS**
100,074
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
88,898
**Restricted funds**
Eatwell & Breakfast Club
-
Brookside Big Local
51,558
51,558
**TOTAL FUNDS**
140,456|31.3.23
31.3.22
£
£
2,901
6,368
3,078
1,774
5,979
8,142
31.3.23
31.3.22
£
£
4,319
3,673
Net
movement
At
in funds
31.3.23
£
£
(9,956)
86,162
(3,956)
-
34,854
34,854
30,898
34,854
20,942
121,016
Resources
Movement
expended
in funds
£
£
(98,854)
(9,956)
(3,956)
(3,956)
(16,704)
34,854
(20,660)
30,898
(119,514)
20,942|
|---|---|
continued...
Page 10
**BROOKSIDE CENTRAL CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2023**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.4.21|in funds|funds|31.3.22|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|58,814|29,810|7,494|96,118|
|**Restricted funds**|||||
|Eatwell & Breakfast Club|3,956|7,494|(7,494)|3,956|
|**TOTAL FUNDS**|62,770|37,304|-|100,074|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Eatwell & Breakfast Club
**TOTAL FUNDS**|Incoming
resources
£
101,487
8,674
110,161|Resources
Movement
expended
in funds
£
£
(71,677)
29,810
(1,180)
7,494
(72,857)
37,304|Resources
Movement
expended
in funds
£
£
(71,677)
29,810
(1,180)
7,494
(72,857)
37,304|
|---|---|---|---|
||||37,304|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Eatwell & Breakfast Club
Brookside Big Local
**TOTAL FUNDS**|At 1.4.21
£
58,814
3,956
-
3,956
62,770|Net
movement
in funds
£
19,854
3,538
34,854
38,392
58,246|Transfers
between
funds
£
7,494
(7,494)
-
(7,494)
-|At
31.3.23
£
86,162
-
34,854|
|---|---|---|---|---|
|||||34,854|
|||||121,016|
continued...
Page 11
**BROOKSIDE CENTRAL CIO**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2023**
## **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
Brookside Big Local
**TOTAL FUNDS**|Incoming
resources
£
190,385
8,674
51,558
60,232
250,617|Resources
Movement
expended
in funds
£
£
(170,531)
19,854
(5,136)
3,538
(16,704)
34,854
(21,840)
38,392
(192,371)
58,246|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2023.
## **13. FUNDS**
General Fund
Retained funds are maximized to enable the continuing provision of the charitable activities in the future.
## Restricted Funds
Material Grants received for specific purposes are ringed fenced so that the general funds can clearly be identified.
Page 12
**BROOKSIDE CENTRAL CIO**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st March 2023**
||31.3.23|31.3.22|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Local grants|101,009|76,141|
|**Other trading activities**|||
|Other income|1,000|744|
|Fund raising|-|256|
|Room hire|37,777|30,975|
|Wellbeing and Breakfast club|-|2,030|
||38,777|34,005|
|**Investment income**|||
|Deposit account interest|670|15|
|**Total incoming resources**|140,456|110,161|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|49,040|24,103|
|Wages recharge from SBPC|-|8,282|
|Pensions|1,291|931|
|Rates and water|1,412|770|
|Insurance|4,062|3,736|
|Light and heat|12,378|9,599|
|Telephone|47|154|
|Postage and stationery|1,335|1,501|
|Sundries|7,015|4,208|
|Key holding and lock services|4,340|1,669|
|Repairs and renewals|20,457|8,631|
|Alarm and security|1,536|756|
|Subscriptions|2,691|2,092|
|Waste collection|2,613|2,473|
|Wellbeing and Breakfast club|2,772|1,180|
|Big Local programme|6,375|-|
|Accountancy|1,000|975|
|Depreciation - Property improvements|-|761|
|Depreciation - Plant and machinery|244|287|
|Depreciation - Fixtures and fittings|222|100|
|Depreciation - Computer equipment|684|649|
||119,514|72,857|
|Total resources expended|119,514|72,857|
|**Net income**|20,942|37,304|
This page does not form part of the statutory financial statements
Page 13