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2021-03-31-accounts

DMI COMMUNITY CENTRE

CHARITY NO 1176755

AGM – MONDAY 26th APRIL 2021

7.00PM VIRTUAL MEETING VIA ZOOM

CHAIRS REPORT

This has been a very difficult year. As a result of the COVID pandemic the Community Centre has been closed for most of the year and all groups, apart from Slimming World for a short period, have cancelled their bookings. Similarly Mini Creations has been forced to closed, again apart from a short period last year.

The only group which has used the centre is Denholme Assist, which was created in response to the pandemic, and has used the reading room as a food store.

During the year we have taken on responsibility for the payment of our utility bills which had previously been covered by CBMDC. This transition has proved very problematic and taken many months to resolve due to the change of ownership of the building. In addition we have new arrangements for our fire and intruder alarm monitoring and serving with Tesla and 1st County.

Following a review of our cleaning arrangements we have appointed D&K cleaners as our weekly cleaning team although because of the shutdown the contract has not yet been activated.

Other work on the building included the 5 year electrical installation inspection required by our building insurers and a new platform as part of the front entrance upgrade has been built to allow level access to the right hand entrance.

The main project of the year was the new entrance and reception area which is in progress and should be completed by the end of April 2021.

Our rental income this year has been devastated with a loss of, in the region of, £17,000. Fortunately, following 2 appeals, we received at total of £19,431 in COVID related business support grants from Bradford Council. We also continued to receive funding through the big lottery which helped to cover our costs.

We also changed our bank from the Natwest to the Coop bank and received an incentive payment of £1,500

Finally, as you know, this is my last AGM as chair as we will shortly be moving out of the area. I would like to thank all the trustees and volunteers, both now and in the past, who have help move the centre forward. I think I leave it in a healthy financial position and wish the trustees and the community of Denholme all the very best for the future.

Peter Foster

Chair – DMI Community Centre

26th April 2021

DMI COMMUNITY CENTRE - YEAR END ACCOUNTS

1ST APRIL 2020 TO 31ST MARCH 2021

2020/2021 Income
Commercial rents
Community Rents
Casual Rents
Grants and Support
Big Lottery
£17,310
Coop Pot
£2,451
Wind Farm
£0
BDMC
£9,202
Business Grants
£19,431
Other (Bank Transfer bonus)
£1,500
Miscellaneous
Total Income
2020/2021 Expenditure
Professional Fees and Licences
Building Insurance
£1,277
PL Insurance
£0
Registration/membership fees
£352
Consultancy (20/21 refund)
-£600
Staff Costs
Building Expenses
Cleaning
£1,173
Other Services
£648
Consumables/Misc
£350
Maintenance
£3,151
Security
£1,111
Electric
£1,115
Gas
£3,507
Water
£371
Internet
£65
Donations
Internal Sponsored Groups
Projects
Entrance/Reception
£15,821
Big Lottery
£0
CBMDC Funded
£0
Coop Funded
£0
Total Expenditure
Profit/Loss in the year
2020/2021
£1,945
£4,416
£255
£49,894
£11,150
£1,949
£5,000
£3,105
£0
£2,175
£0
£56,510
£1,029
£1,400
£394
£443
£2,579
£10,123
£11,491
£3,264
£742
£179
£5,874
£0
£0
£0
£0
£0
£0
£0
£15,821
£22,080
£3,105
£2,265
£38,464
£18,045
2019/2020
£10,280
£9,143
£4,476
£23,379
£316
£47,594
£4,816
£13,252
£10,059
£1,150
£909
£27,450
£57,636
-£10,042

DMI COMMUNITY CENTRE - BALANCE SHEET

1ST APRIL 2020 TO 31ST MARCH 2021

2020/2021 Balance Sheet

Opening Balance
Total Income
Total Expenditure
Closing Balance
Bank Balance
Petty Cash
Closing Balance
£38,088
£48,130
£56,510
£47,594
£38,464
£57,636
£56,134
£38,088
£55,984
£38,046
£148
£42
£56,133
£38,088

Notes

This has been a very difficult year with income from rents decimated since the building has been closed for the vast majority of the year - down from £23,899 to just £6616. Fortunately we were able to receive the COVID business grant totalling £19,431. The grant from the big lottery to cover some of our basic running costs was also most welcome. We also had to cover the cost of our utilities for the first time. The major revamping of our entrance and reception area has also commenced but some of the costs will be reflected in next years accounts.

Independent examinerfs report to the trustees of DMI Community Centre I report to the trustees on my examina￿0￿ of the accounts of the DMI CommunSty Centre (the Trust) for the year ended 31st March 2021. Responslbilities and basis of report As the charÉty trustees of the Tn￿, you are responsible for the p￿paration ofthe accounts in accordance wlth the requirements of the Charitie5 Act 2011 ltrhe ACVI. I report in respect of my examination of the Trn￿5 accounts ￿rrIed out under sectlon 145 of the 2011 Act and In carrying out my examination I h3vefollowed all the applicable Dlrections given by the Charity Commission under section 145{5llb) of the ACL Independent examinerfs statement I have completed my erdmination. I confirm that no material matters have come to my attention In connection with the examination gbving me cause to believe that in any materlal respect: accounting records were not kept in resr*rt of the Trust as requlred by sectlon 130 of the Act; or 2. the accounts do not accord with tFx)se records. I have concerns and have corne across no other matters in connection with the examination to which attention should be drawn in thls re￿rt in order to enable a proper understanding of the accounts to be reached. Signed: Name." Christopher Green Address: Lawnlands Bungalow, Ststion Road. Denholme. Bradford, BD13 4BS Date- 0610512021