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2024-03-31-accounts

Solon Community Hub – Charity Number: 1175208

The Hub continues to remain open to the community, aiming to bring people together through various activities such as games nights, craft sessions and coffee mornings.

The coffee mornings continue to take place however due to a low attendance and a structural issue that has caused a leak to the Hub, it is only opened two days a week with reduced hours; The local authority has been informed about the leak.

The leak has also prevented the Hub from securing bookings, resulting in the loss of a vital income. Consequently, there has been minimal activity at the Hub.

The Hub has been unable to secure bookings due to the leak, this has seen a vital income stream lost.

A restructure of the Trustees and Volunteers is planned for the next financial year, along with a community meeting to discuss the steps needed to revitalise the Hub.

Solon Community- 1175208
Solon Community- 1175208
Solon Community- 1175208
Solon Community- 1175208
CC16a
For the period
from
Period start date
01.04.2023
To
Section A Receipts and payments
A1 Receipts
SALES(Coffee Mornings)
203
Hub Hire
300
-
-
-
-
-
-
503
-
-
Sub total -
Total receipts 503
A3 Payments
Expenses(Stock for the Hub)
30
Insurance(Access)
242
Internet(Zen)
526
Maintenance for the Hub
300
-
-
-
-
-
Sub total 1,098
-
-
Sub total -
Total payments 1,098
Net of receipts/(payments) - 595
A5 Transfers between funds
-
A6 Cash funds last year end
-
Cash funds this year end - 595
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
203
300
-
-
-
-
-
-
503
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- - 503 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
30
242
526
300
-
-
-
-
-
1,098
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- - 1,098 -
-
-
-
-
-
-
-
-
- 595
-
-
- 595
-
-
-
-

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Bank account (760)
Bank account (060)
Details
Details
Details
Details
Signature
Miss I. Akinbolaji
L. Satih
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
1,712
-
460
-
-
-
2,172
-
Agreement Error
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Iyabo Akinbolaji
Lena Satih
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Miss I. Akinbolaji Iyabo Akinbolaji 24-Feb-25
L. Satih Lena Satih 24-Feb-25