2023-03-31-accounts - The Community Hub Little Paxton Charitable Incorporated Organisation

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	Objectiv	e	s and	Activitie	s	s
					SORP reference
	Summary	oithe purposes oi			1'ara	'"'	Tofurther or benefit the residents of
	the charity		as set out	in its			Little Paxton and the surrounding
	governing	document					neighbourhood, without distinction of gender, sexual orientation, race or of
							political, religious orother opinions	by
							associating together the said residents
							and the local authorities, voluntary	and
							other organisations in a common effort
							to provkle facilities in the interests	of
							social and community wellbeing for
							recreation and leisure time occupation
							and to advance sport and education
							with the objective ofimproving the
							conditions ofItfe forthe residents.
,	Summary ofthe main activities in relation to those				Para 1n9	1 17and	Private parties for residents, hiring for dance, pilates and martial arts	hall
,	purposes	forthe public					classes. Use ofthe coffee shop for
i	benefit, in	particular,		the			social gatherings and use ofthe sports
'	activities,	projects or					pitch forjunior football (matches and
	services identified in			the			training)
	accounts.
	Statement		confirming		Para	n18	Confirmed
	whether the trustees			have
	had regard		to the guidance
	issued by	the Charity
	Commission		on public
	benefit

Policy on	grant making	grant making	Para 1.38	We do not	We do not	give grants
Policy on induding	social investment program related		Para 1.38	We are	not	investing
investment
Contribution made		by		Volunteers		have helped with gardening,
volunteers			Para 1.38	cleaning	and general maintenance
Other

chieve	men	ts	and Per	formance
				SORP reference
					The use ofthe indoor facilities have
					been very significantly Increased with
					income rising by 85%and the outdoor
					sports field has returned to regular use
					for colts football. Increased income has
					been almost entirely offset by the rise in
					expenses mainly due to the costoffuel
					and one offcosts associated with
Summary	ofthe main				improvements.
achievements		ofthe charity,
identifying charily's	the work	difference the has made to			internal governance has been overhauled and a complete review ofthe
the circumstances			of its	Para 120	accounts for the last 3years completed.	I
beneficiaries and			any wider
benefits to society as a					internal amenities have been Improved
whole.					by the installation ofsound absorbent
					panels making the spaces suitable for a
					wider range ofuses.
					Plans have been drawn up to improve
					the s orts itch.

Achievements against objectives set	Para 1 41
Performance oflundraising
activities against objectives
set	Para 1.41
Investment performance against objectives	Para 1.41	NIA
Other

Financial Review	Financial Review
Review ofthe charity's
financial position at	the end		Para 121	The financial position is strong.
ofthe riod
				The policy is to hold a general reserve
Statement explaining	the			of50%ofbudgeted	costs. Other
policy for holding reserves			Para 122	reserves are held for facility
stating why they are	held			improvements, planned maintenance
				and e ul mentre	lacement
Amount ofreserves	held		Para 122	620924.40
Reasons for holding	zero		Para 122
reserves
Details offund materially		in	Para 124
deficit
Explanation ofany
uncertainties about the charity continuing as a going			Para 123	Risks are currently insignificant	considered
concern

	The charity's principal sources offunds (including	Para 1.47
	any fundraising)
	Investment policy and objectives induding any	Para 1.46
	social investment policy
	adopted
	A description ofthe principal	Para146
	risks facing the charity
I	Other

tructure, Governa	nce	and Manag	ement
Description ofcharity's trusts:			NIA
Type of governing document		P,ra 1,25	Constitution
How is the charity
constituted7		Para 1,25	CIO
			Resident Trustees				are appointed
Trustee selection methods			through	informal			interview.
including details of any
constitutional provisions	e.g.		Three organisations					as detailed	in the
election to post or name	of	Para 1.25	constitution			are entitled to nominate				2
any person or body entitled			trustees	each. These are:
to appoint one or more			Little Paxton			Colts Football Club
trustees			Kingfisher		Church
			Switch Cafe
ddNonal information	toptional)
ou ma choose to include further statements			where relevant			about:
Policies and procedures
adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para1.51
parties
Other

Turnover
Hire/Rental income		20,869.22
Other Revenue
Total Turnover		20,899.22
Gross Profit
Administrative Costs
Charitable and Political	Donations	(50.00)
Cleaning		2,391.10
General Expenses		363.46
Insurance		519.75
ITSoftware and Consumables		291.60
Legal Expenses		122.00
Light, Power, Heating		5,178.65
Other expenditure		4,153.13
Printing &Stahonery		17.86
Rates		424.96
Repairs &Maintenance		2,879.11
Telephone & Internet		503.68
Utdtty		1,006.60
Total Administrative	Costs	17,801.90
Operatirig Profit		3,097.32
Other Income
Grants (restricted)
Total Other Income		1,000.00
Profit on Ordinary Activities Before Taxafion		4,097,32
Profrt after Taxafion		4,097.32

			Account		31 Mar 2023
Fixed Assets
			Tangible Assets
			Buildings		136.96
			Computer Equipment		574.93
			Office Equipment		4,647.04
			Total Tangible Assets		5,358.95
Total Fixed Assets					5,358.95
Current Assets
			Cash at bank and In hand
			The Community	Hub Little Paxton	25,194.36
			Total Cash at bank and in hand		25,194.35
			Accounts Receivable		(2,766.00)
Total Currant Assets					22,428.35
Creditors: amounts	falling due within one year
			Rounding		3.95
Total Creditors: amounts yea I'		falling due within one			3.95
			Net Current Assets (Liabilities)		22,424.40
			Total Assets less Current Liabilities		27,783.35
			Net Assets		27,783.35
Capital and Reserves					22,428.35
			Fixed Assets		5358.95
			Working Capital		1,500.00
			Reserves		20,924.40