**REGISTERED CHARITY NUMBER: 1176065**
Report of the Trustees and Financial Statements for the Year Ended 31 May 2021
for
Scartho Community Hub
SKS Bailey Group Limited Suite 9 Normanby Gateway Scunthorpe North Lincolnshire DN15 9YG
Scartho Community Hub
Contents of the Financial Statements for the Year Ended 31 May 2021
||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 10|
|Detailed Statement of Financial Activities|11 to 12|
Scartho Community Hub
## Report of the Trustees for the Year Ended 31 May 2021
The trustees present their report with the financial statements of the charity for the year ended 31 May 2021. 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**
The Charity's objectives and aims are to further and benefit the Scartho neighbourhood of North East Lincolnshire by way of the provision of social welfare and education activities centred on a community centre.
## **Public benefit**
The trustees have had regard to the Charity Commission's guidance on public benefit.
## **Volunteers & partner agencies**
The charity relies upon the valued support of its volunteers and partner agencies.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Charity does not have a formal Reserves Policy.
## **Going concern**
The trustees consider that the Charity will remain a going concern for at least one year from the date of their approval of the financial statements.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Charity is a Charitable Incorporated Organisation (Association Model) and was registered on 19th February 2019.
## **Recruitment and appointment of new trustees**
The Charity recruits new trustees by way of recommendation, induction and supervision until they are comfortable and effective in their role.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1176065
## **Principal address**
Scartho Community Library St. Giles Avenue Grimsby N E Lincolnshire DN33 2HB
## **Trustees**
P Silvester Trustee J Porter Trustee (resigned 09.02.21) R Shepherd Trustee T Furneaux Trustee (resigned 09.02.21) L Bartlett Trustee
Page 1
Scartho Community Hub
Report of the Trustees for the Year Ended 31 May 2021
## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner**
HN Sanderson FCIE SKS Bailey Group Limited Chartered Accountants Suite 9 Normanby Gateway Scunthorpe North Lincolnshire DN15 9YG
.
Approved by order of the board of trustees on 22 September, 2022 and signed on its behalf by:
.......................................................................... P Silvester - Trustee
Page 2
## Independent Examiner's Report to the Trustees of Scartho Community Hub
## **Independent examiner's report to the trustees of Scartho Community Hub**
I report to the charity trustees on my examination of the accounts of Scartho Community Hub (the Trust) for the year ended 31 May 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
HN Sanderson FCIE Chartered Accountants & Statutory Auditors SKS Bailey Group Limited Suite 9 Normanby Gateway Scunthorpe North Lincolnshire DN15 9YG
Date: 22 September 2022
Page 3
## Scartho Community Hub
## Statement of Financial Activities for the Year Ended 31 May 2021
|2021
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
-
**Charitable activities**
Charitable Activities
36,975
Other trading activities
2
-
Investment income
3
1
**Total**
36,976
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Charitable Activities
795
**Total**
795
**NET INCOME**
36,181
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
76,886
**TOTAL FUNDS CARRIED FORWARD**
113,067|2020
Total
funds
£
31
16,209
1,573
38|
|---|---|
||17,851
530
2,020|
||2,550|
||15,301
61,585|
||76,886|
The notes form part of these financial statements
Page 4
## Scartho Community Hub
|Balance Sheet
31 May 2021
2021
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
115,047
**CREDITORS**
Amounts falling due within one year
6
(1,980)
**NET CURRENT ASSETS**
113,067
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
113,067
**NET ASSETS**
113,067
**FUNDS**
7
Unrestricted funds
113,067
**TOTAL FUNDS**
113,067|2020
Total
funds
£
78,146
(1,260)
76,886
76,886
76,886
76,886
76,886|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. P Silvester - Trustee
The notes form part of these financial statements
Page 5
Scartho Community Hub
Notes to the Financial Statements for the Year Ended 31 May 2021
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charity, 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 Charities Act 2011. 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.
## **TAXATION**
The charity is exempt from 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.
## **2. OTHER TRADING ACTIVITIES**
|**OTHER TRADING ACTIVITIES**||||
|---|---|---|---|
||2021||2020|
||£||£|
|Coffee shop income||-|1,306|
|Meal income||-|267|
|||-|1,573|
Page 6
continued...
Scartho Community Hub
## Notes to the Financial Statements - continued
for the Year Ended 31 May 2021
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**||||
|---|---|---|---|
||2021||2020|
||£||£|
|Interest received||1|38|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 May 2021 nor for the year ended 31 May 2020.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 May 2021 nor for the year ended 31 May 2020.
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|31|
|**Charitable activities**||
|Charitable Activities|16,209|
|Other trading activities|1,573|
|Investment income|38|
|**Total**|17,851|
|**EXPENDITURE ON**||
|Raising funds|530|
|**Charitable activities**||
|Charitable Activities|2,020|
|**Total**|2,550|
|**NET INCOME**|15,301|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|61,585|
|**TOTAL FUNDS CARRIED FORWARD**|76,886|
continued...
Page 7
## Scartho Community Hub
## Notes to the Financial Statements - continued for the Year Ended 31 May 2021
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**|||
|---|---|---|---|---|
||||2021|2020|
||||£|£|
||Other creditors||1,980|1,260|
|**7.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.6.20|in funds|31.5.21|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|76,886|36,181|113,067|
||**TOTAL FUNDS**|76,886|36,181|113,067|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|36,976|(795)|36,181|
||**TOTAL FUNDS**|36,976|(795)|36,181|
||**Comparatives for movement in funds**||||
||||Net||
||||movement|At|
|||At 1.6.19|in funds|31.5.20|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|61,585|15,301|76,886|
||**TOTAL FUNDS**|61,585|15,301|76,886|
continued...
Page 8
Scartho Community Hub
## Notes to the Financial Statements - continued for the Year Ended 31 May 2021
## **7. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|17,851|(2,550)|15,301|
|**TOTAL FUNDS**|17,851|(2,550)|15,301|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.6.19|in funds|31.5.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|61,585|51,482|113,067|
|**TOTAL FUNDS**|61,585|51,482|113,067|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|54,827|(3,345)|51,482|
|**TOTAL FUNDS**|54,827|(3,345)|51,482|
continued...
Page 9
Scartho Community Hub
Notes to the Financial Statements - continued for the Year Ended 31 May 2021
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 May 2021.
Page 10
Scartho Community Hub
## Detailed Statement of Financial Activities
for the Year Ended 31 May 2021
||2021|2020|2020|
|---|---|---|---|
||£|£||
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Donations|-||31|
|**Other trading activities**||||
|Coffee shop income|-|1,306||
|Meal income|-||267|
||-|1,573||
|**Investment income**||||
|Interest received|1||38|
|**Charitable activities**||||
|Printing|-||271|
|Classes and events|1,584|11,934||
|Other income|2,273||622|
|Grants|23,118|3,382||
|Covid grant|10,000||-|
||36,975|16,209||
|**Total incoming resources**|36,976|17,851||
|**EXPENDITURE**||||
|**Other trading activities**||||
|Purchases|-||530|
|**Charitable activities**||||
|Telephone|-||25|
|Postage and stationery|-||28|
|Sundries|-||148|
|Cleaning|-||911|
|Cash differences|-||(91)|
|Entertainment and prizes|-||66|
|Repairs and renewals|-||144|
||-|1,231||
|**Support costs**||||
|**Finance**||||
|Bank charges|75||159|
This page does not form part of the statutory financial statements
Page 11
Scartho Community Hub
## Detailed Statement of Financial Activities
|**Finance**
**Other**
Accountancy
Total resources expended
**Net income**|for the Year Ended 31 May 2021
2021
2020
£
£
720
630
795
2,550
36,181
15,301|for the Year Ended 31 May 2021
2021
2020
£
£
720
630
795
2,550
36,181
15,301|
|---|---|---|
|||2,550|
|||15,301|
This page does not form part of the statutory financial statements
Page 12