tharrty Number 1172370 Re8lstered number CECM)9799 {En8land & Wales) WESTWOOD CHRISTIAN CENTRE Report and Accounts for the period ended 31 March 2023
WESTWOOD CHRISTIAN CEPRE Report and A¢counts the perlod ended 31 March 2023 Trust Information Trustees Report 2to4 Independent Examiner's Report Statement of Financlal Actlvitles Balance Sheet Notes to the Account5 8tolO Detalle(J Statement of Flnanclal Artfvbty Ilto12
WESTWOOD CHRISTIAN CENTRE Trust Infomiatlon for the perlod ended 31 March 2023 Twstees Rev N. aew5 G. Adams J. Keebte Greenwood D. Roberts Iresigned 17 April 20221 L. Roberts (resigned 17 April 20221 (Chairl (TreaSUr) (Secretary) Addiess Westw¢wd Chrlstlan Centre Westwood Edge Golcar HUddersfId West Yorkshlre HD7 4JY Independent Examlner 8arry Sirnmons 3 Catherlne Road Sheeprld8e Huddersfield HD2 INY Bankers HSBC Bank Plt 2 Cloth Hall Street Huddersfield West Yorkshire HDI 2ES Charlty Number 1172370
WESTWOOD OIRISTIAN CENTRE Trustees Annual Report for the period ended 31 Mah 2023 The trustees submit their Annual Report and Accounts for the period ended 3tst March 2023, whith have been prepared in accordance with applicable accounting standards. SORP FRS 102. Ac¢ountin8 and Reporting by CharFties. mlnistrative Detalls The name of the charity is Westwood Chrlstlan cent and its gIStratiOn number is 1172370 The trustees durin the ear wer Rev N. aews G. Adams J. Keeble A.Greenwood D. Robert5 L. Roberts Ichairl ITfeasurerl Isecretaryl Resigned 1710412022 Resigned 17104/2022 Governance The trust was constituted under the Trust Deed dated 3rd April 2017 New trustees are appointed by the trustees who shall have powerto make such appolntment by a resolution of a fully constituted meeting of the trustees. The trustees hold meetings regularly durln8 the year and matters are declded by the majority of votes of the trustees present at any meetln8. Addre The address of the principal office ofthe trust Is Westwood Christian Centre. Westwood Edge. Golcar. Huddersfield, HD7 4JY Ob'ettives and Activitres The object5ves of the CIO are the advancement of the Christian faith and Christian education. by the provision of accommodation, seminar. conference and retreat facilities at Westrlood Mlssion, Golcar, Huddefsfield, with the facilities available for the local community to Use too. The CIO was reglstereil In April 2017 and took over the activities formedy conducted by Westwood Mission Trust with effect from 6th May 2017. The trustee5 of the Westwood Misslon Trust agreed to transfer all property, sset5 and operations of the Trust to the CIO at their meetlng on 6 May 2017 and from that date on all transartions have been recorded in the accounts of the Westwood Christian Centre. The property acquired was appraised by a professional surveyor in June 2017 and the valuation of £%N),() has not been updated since then but has been use(1 for the5efinanaal statements.
WESTWOOD CHRisfiAN CENTRE Trustees Annual Report Itontinued) for the period ended 31 March 2023 Achievements and Performance During 2022123 we said 'frdrewell' to 2 of our on-stte warden5, Jake Westmoreland and Ellie Rosca. However, after a good recruitment process which brought forward several very strong candidates the trustees were pleased to appoint Jonny Woodall and Hanna Leadbeater to replace them. Jonny and Hanna started in mid-Augu5t 2022 and were given something of a 'bapt15m of fire, as the centre was faced with rapidly rising energy prFces. increasin8 Costs due to high inflation and falling booking levels as a result of the cost of living pressures reducing disposable income in Autumn 2022. Thanks to the efforts of the wafdens. Westwood has survived this threatening period through a diversification of our client base with a number of new 8roups coming to stay at the centre. We are also seeing the centre used more a5 a wedding reception venue as people look for somethin8 elther different to or cheaper than traditional venues. As mentioned in previous reports. the trustees are mindful that their objective is not to compete with local hotels. but to offer a place for Christian study and retreat as a peaceful sanctuary. In February 2023 the centre suffered a disastrous flooding in one of the flats when a slow leak in a pipe became a major leak. Tracing the issue became a difficult task and involved ripping out a bathroom. lifting a lot of flooring and knockin8 down a wall. Eventually the problem was resolved but the repair work. reinstating a bathroom and the loss of booking income durin8 the work, which fell partly into the 2022123 financial year and partly into the 2023124 year, would have created major shortfall in our operatin8 cashflow. Thankfully, thls has been covered by an insurance clalm received in the 2023124 financial year. The trustees believe that due to the Wbder client base and an Increased level of bookings, the centre remalns viable, desplte continuing Cost p$Sre$. Future Plans and Develo men Faced with much higher ener8V Costs and increasin8 mortgage payments, the trustees have not had the cash available to invest In the planned improvernents. However, the need to improve energy efficiency and sustainability remains paramount and will be progressed as quick as possible. We continue to refurbish rooms as necessary in order to improve the standard of accommodation offered and ensure that it is appropriate to. and safe for. cUrn1 requirements. Financial R vi Full details of the flnancial transactions for the 12 months to 31 March 2023 are contained in the attached accounts. The income for the year on unrestricted funds was £78.875. which was a ductIon of 3% compared to the previou5 12 months, with fewer bookings due to inflation and cost of living pressures. After deducting expenditure of £98,664, the net result was a deficit taken to unrestricted funds of £19,789. There were no transactions during the year on restricted funds for our roof appeal, which stands at £1,967. Reserves Poli The CIO retains modest cash serveS to meet expendrture as incurred. The trustees are aiming to increase the reserves held in order to provide better protection against fluctuations in income or expenditure of the charity, with the objective of holding cash reserves sufficient to cover up to 6 months of operatin8 Costs. The total unrestrirted reserves held as at 31 March 2023 were £235,489.
WESTWOOD CHRISTIAN CENTRE Trustees Annual Report ( continued) for the period ended 31 Mar¢h 2023 Risk Mana ement The trustees consider that there are four key rlsks to the fund . Deterioration of the buildin Any restriction being placed on the charity's activities: Increased costs of workin Unexpected10s5 of warden staff. The risk to the building is mitigated by the on80ing maintenance programme and regular inspections by the wardens The Trustees are not aware of any immediate threat from the other risks, but review the situation at each meetlng. At the end of the financial year. the major risk facin8 the centre remains the increase In ener8y and operatin8 costs and rising interest rates. Not only will this force up our operating costs. it is likely to reduce the disposable income of many potential guests and reduce our visitor numbers. Statement of Trustees, Res onsibilitles Charity law requires the trustees to prepare financial statements for each financlal year, whlch show a true and falr view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to: Selert suitable accounting policies and then apply them consistently; Make adjustrnents and estlmates that are reasonable and prudent; State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained In the financial statements; and Prepare the financial statements on the goin8 concern basis. unle55 it is not appropriate to presume that the charty will continue in operational existence. The trustees are responsible for keeping proper accounting record5 which disclose with reasonable accuracy at any time the financial posltion of the charlty and to enable them to ensure that the financial ststements comply with the Charities Art 2011. They are also responsible for safeguarding the asset5 of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees Report was approved on 20 January 2024 and signed on their behalf by: G Adams Trustee
WEsfwooD CHRisnAN CErirRE Independent Examlnees Reportto the Trurtees of Westwood Chrlstlan Centre I report on the accounts of the Trust for the period ended 31st March 2023. which are Set out on pages 6 to 10. Respecttve Responslbllltles of Tntstees and Examlner The charitrfs trustees are responsible for the Pfeparation of the accounts in accordance with the requirements of the Charrties Act 2011. I report in respect of my examlnation of the Trust's accounts carried out under sectlon 145 of the 2011 Act and in carrying Out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 1451511bl of the Act. Independent Examlner's Statement I have completed my examination. I confimi that no materlal matters have come to my attention in connectlon with the examlnation grrfin8 me cause to believe that in any material respect.. accounting record5 were not kept in respect of the Trust as requlred bv seclion 130 of the Act- or the accounts do not accofd wlth those record5. or the accounts do not compty wlth the appllcable requlrements concemlng the form and contents of the accounts set out In the Charltles (Accounts and Reports) Regulations 21N)8 other than any requirement that the occounts give a 'true & falr, vlew whkh is not a matter considered as part of n indepen(Jent examination. 21 3) I have no concems and have come acn)ss no other matters in connectlon with the examination to whlch attentlon should be drawn In thls report in order to enable a proper understandin8 of the a¢¢ounts to be reached. Barry Simmons 20th January 2024 3 Catherine Road, Sheepridge, Huddersfield, HD2 INY
WESfwooD CHRISTIAN CENTrE Financial Activltles for the period ended 31 Marth 2023 Unrestricted Restrirted Income Income Fund fund 2023 2023 Totsl Income funds 2023 Unrestricted Restricted Income Income Fund fund 2022 2022 Total Income fvnds 2022 Notes Income and endowrnents from: Donations and legacles Investments Charitable actlvitSes 8.663 3,260 3,260 70.212 70,212 78.150 78,150 Total 78,875 78,875 81.410 81,410 Expendlture on: Charltable activltes Other 98,564 98,564 83.139 51x1 83,139 500 Totsl 98,664 98,664 83.639 83,639 Net InMe/{eXpendIturn} 119.7891 119.7891 12.2291 12,2291 Other rttognlsed galnsl{lossesl Gains on revaluatlon of flxed assets Net movement In funds 119,789} 119,7891 12,2291 12,2291 Total funds Carnled forward 235,489 1.967 237,456 255,278 1,%7 257,245
WESTWOOD CHRISTIAN CENTRE Balance Sheet for the tor the period ended 31 March 2023 Notes 2023 2022 Flxed Assets Tanglble assets 455.769 467,329 Current Assets Cash at bank and in hand Debtors IL269 1,830 13.099 26,128 1.51)0 27.628 LSabllltles; Creditor5.' Amounts falllng due within one year Trade credltOT5 and accruals Depostt received In advance Mortga8e 2,109 12,030 9,946 14.253 7.890 24,811 24,085 Net Current A55etsllLlabllltlesl 111.7121 3.543 Total Assets Less Current LIablIleS 444.057 470.872 Credltor5'. Amounts falling due In more than one year 206,601 213,627 237,456 257,245 The fvnds of the charlty Restrlrted Fund Unrestricted Fund Revaluation Reserve L967 4.155 231.334 237,456 1,967 21,146 234,132 257,245 Approved by the Twstees on 20th January 2024 and signed on their behalf by:" ¢rf oll_ G Adams- Trustee
WESTWOOD CHRIStIAN CEKfRE Notes to the Accounts for the for the period ended 31 March 2023 l Accountin Policies Basis of Pre aration The accounts have been prepared in accordance with applicable Accounting Standards, the SORP IFRS 1021. Accounting by Charities and the Chartties Act 2011. They have been prepared under the historic cost basis of accountin8. bl Income and endowments Income and endowments. which comprise donations, fees for use of the premises and bank interest. are reported gross. t)onations. which include donated assets at an estimate of thelr value at the point of donation, are included when recelvable. Grants receivable are recognised when due. Ex enditure Expenditure comprise all expenses dirtlY lating to the objects of the charity. When necessary, costs are allocated between direct charitable expenditure. fund raisin8 and management and administration on an equitable ba515. dl Fixed Assets All fixed assets are included at revaluation on 311312018 or subsequent cost, less cumulative depreciation. De reciation Depreciation is provided at 2% per annum on building5 and at IO% per annum on other property assets, such as landscaping. pavin& and walls. No depreciation is provided on the value of the land. Depreciation is provided at rates varyin8 from 8% to 20% on a straight line basls on fumiture and equipment, based on the estimated useful life. 2 Donations and le acies 2023 2022 Donations and gift aid 8.663 3.260 8.663 3.260 3 Incomin Resources from Charitable ACtiv[t$ Premises use Miscellaneous 69.731 481 65.719 12.431 70,212 78,150
WESTWOOD CHRISTIAN CENTRE Notes to the Accounts for the lor the perlod ended 31 Marth 2023 4 Charitable Ex enditure Centre Costs 12.725 16.713 30.495 5.251 1.150 Su Costs 2023 Total 12.725 16.713 30.495 5.251 1,150 68 1.878 86 17.371 100 12.826 98.664 2022 Total 12.543 5.830 32,461 4.346 504 17 1,862 189 16,379 Depreciation Heat and Lighting Repairs, gardening and cleaning Rent. rates and insurance Advertising and website costs Bank Charges Office costs Office expenses Wages Professional and Le8al Mort8a8e interest 1.878 86 17,371 ILM) 12,826 96,686 9,C(18 83,139 1,978 5 Anal sis of Su rt Costs Charitable Activities Govem Totsl Office Costs Independent Examiner 1,878 1.878 100 1,978 1.862 5(N) 2,362 1,878 6Tan ible Fixed Assets Fixtu$ & Furniture Total Total Costs Blfwd At 31 March 2022 (31/03/2021) Additions Disposals At 31 March 2023 (31/03/2022) 496.015 18.760 1,165 514,775 1.165 SII,607 3,168 496.015 19,925 515.940 514,775 Being: Cost Valuation of 311312018 16,336 2,424 16,336 498,439 16.336 498,439 496,015 De reciation Bld at 31 March 2022 (31/03/2021J Charge for period Eliminated on disposal At 31 March 2023 (31/03/2022) 39.916 9.920 7,530 2R05 47.446 12.725 34.903 12.543 49.836 10,335 60,171 47,446 NBV b/fwd at start of year 456.099 11,230 467,329 476,704 NBV clfwd at end of year 446.179 9,590 455.769 467,329
WESTWOOD CHRISnAN CENTRE Notss to the Accounts for the lor the period ended 31 March 2023 7 Creditors: Amounts falling due in more than one year 2023 2022 Mortgage 206.601 213.627 206,601 213,627 A mortgage of £262.220 was tsken out on 26th January 2018 wlth Charrty Bank over 20 years. The mortgage Is secured against the freehold property. 8 Related Part Transactbns None of the trustees were paid remuneratlon In 202V23 9 Ca ltsl Comm ments There were no capital commltments at 31st March 2023 io
WESTWOOD CHRisfiAN CENTRE Detailed Statement of Flnandal Acthiltles for the period ended 31 Marth 2023 Unrestrirted Unrestricted Income Fund 2023 Unrestricted Income Fund 2022 Inc¢)me Donatlons Premise5 Hire Bank Inte$t Miscellaneous lincl govt grants) 8,663 69,731 37 3,260 65,719 12,428 Tt)tal 78.875 81.410 ExPendIre Water, Heat and Ll8ht Wages Rent and Rates Repairs and Maintenance Insurance Statlonery and Prlntlng Advertlslng and Webslte Costs Telephone and Internet Bank Charges and Interest Hospitality and Gifts sundry Expenses Cleaning Professlonal fees Indepen(lent Examlnerfs Fee Depreciation Mortga8e Interest Total 16,713 17.371 2,595 13,208 2,656 86 1,150 1.878 5,830 16.379 1,904 16,533 2.442 130 1.862 17 59 1.793 14.136 4.020 13.267 500 12,543 12.725 12.826 98,664 83.639 Net IncomellExpendltuve) {19,789) 12,2291 li
WESTWOOD CHRisllAN NTRE Detailed Statement of Financial Artivibes for the period ended 31 March 2023 Restrlrted Restricted Income Fund 2023 Restricted Income Fund 2022 Income Donations Total Expendlture Net Income 12