The Greenway Centre (Registered charity, number 1177682) Financial statements for the year ended 31 March 2024 Page Contents Trustees, annual report Independent examiner's report Receipts & payments account Statement of assets & liabilities Notes to the accounts 8-10 capLUS COMMUNITY ACCOUNTING The Greenway Centre Trustees, annual report for the year ended 31 March 2024 Full name The Greenway Centre Organisation type Charitable incorporated organisation Registered charity number 1177682 Principal address Trent Lane, Sneinton, Nottingham, NG2 4DF Trustees Cllr Gul Nawaz Khan, Chair Andrew Moon Cavanagh, Vice Chair Charlotte Christine, Treasurer Independent examiner John O'Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG15GL Governance and management The Charity is operated under the rules of its CIO Association constitution adopted 23 March 2018. We recruit trustees through advertising in local charitable organisations, shops, notice boards and through NCVS. Trustees are appointed at our AGM. Objectives and activities The principal objects of the charity are to.. Promote the benefit of the inhabitants and workers in the Sneinton area of Nottingham without distinction of sex, sexual orientation, race or of political, religious or other opinions - by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants., Establish a Community Centre and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects., Promote such other charitable purposes as may from time to time be determined. Summary of the main activities undertaken for the public benefit The Greenway Centre provides.. Access to computers and a telephone for the local people., Youth provision three nights per week., Holiday hunger activities during the holidays., Room rental to the local community., Weekly food bank on Tuesdays., The Greenway Centre Take referrals for St Ann's advice for benefits, fuel and food vouchers., Serve as a food bank voucher holder for the Trussell Trust., Private room rental to two tenants. Public benefit statement Greenway is a 'go to hub, for the local area and we work hard to ensure that people coming to us for support are given a holistic personal package of support by ourselves and other partner agencies we work alongside. The project adopts this approach by strengthening relationships with a variety of partner agencies for the benefit of the community. On an average year Greenway supports 500- 750 beneficiaries as follows: Young people's holiday hunger programmes; Job club and employment advice., Weekly food bank., Weekly youth club; Signposting to ServI￿S such as, health, housing, debt advice, benefits advice and employment advice; Renting rooms, halls to the local community., Period, fuel and food poverty. The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit,. Summary of the main achievements during the period From April 2023 to March 2024 we have supported over 100 families and individuals with access to food at our weekly food bank. We have also supported two local homeless hostels with surplus food. During the financial year 102 young people have attended our Wednesday sessions where they have been able to take part in multi-sports, gymnastics and arts and crafts and more importantly have been able to have a warm meal before they go home and any surplus food has been given to parents when they come to collect their children. 186 young people have attended our holiday hunger programmes. Made referrals to St Anns advice for benefits, fuel and food shopping vouchers. We have been able to support local women with free sanitary products. The centre has also been able to support individuals with household products, via The Household Support Fund and through the charity Giving World. The Greenway Centre Financial Review Fortunately the ￿ntre manager has been working alongside the community teams for many years and during many meetings since the end of covid community associations have been told to be more financially resilient as the council could not promise that the support that was given could be extended. After a year of working on a Community Fund application we heard in June 2023 that our application for £361k over five years was successful with the project commencing 1st August 2023. This funding currently supports 80 85 % of our core costs and without the funding the centre would have closed December 2023. The ntre didn't know at the time that the city council would be issuing a section 114, so the funding has come at the right time. In November 2023 the city council issued a section 114. This has impacted many services and charities in Nottingham. With the centre now having to take over many of the costs which were On￿ paid for by NCC, these include all repairs, except building and in 2024 the centre will take on responsibilty for water and refuse collections and full support is expected to be withdrawn by 2026. The centre has seen a significant increase in the price of gas this financial year. We were out of contract in August 2023. We asked the city council to negogiate a new contract with our current electricity supplier but this was not picked up. This resulted in the centre having to pay 3 times our original unit price which saw our monthly pri￿$ soar. The centre manager was able to negotiate a new and better contract with Total Energies but unfortunately this was not able to happen until Aprillmay 2024. The charity's policy on reserves Our current reserves level is £3.5k. The ￿ntre expects to build on these reserves over the next 4 years. Things are going to be difficult as we expect extra costs due to the city council withdrawing support on a number of bills which they have previously paid. The tsntre manager is sourcing funding applications to help ease the financial burden. Signed on behalf of the charity's trustees.. Signed Andrew Moon Cavanagh, Trustee Date 30110124 Independent examiner's report to the trustees of The Greenway Centre for the year ended 31 March 2024 I report to the trustees on my examination of the accounts of The Greenway Centre {the charity) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the charity 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 charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 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 charity as required by section 130 of the Act- or 2. the accounts do not accord with those records. 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. Signed John O'Brien MSC, FCCA, FCIE Employee of Community Accounting Plus Date 0511112024 The Greenway Centre Receipts & payments account for the year ended 31 March 2024 2023 2024 Total Unrestricted Restricted Total Funds Funds Funds Funds Note Receipts Grants & donations Room rents Creche fees & sales Bank interest Total receipts 102560 2090 10995 8731 1105 15470 40 25346 126268 134999 1105 15470 40 151614 115650 126268 Payments Activities & trips Attachment to eami ngs Bank charges Cleaning Equipment Food Hospitality Insurances Materials, activities & events Office/General administrative expense Phone costs Printing, postage & stationery Professional services Repair and maintenance Sessional pay Subscripb'ons Trai ning Travel & expenses Uniform Utilities Volunteer expenses Wages, Nl, pension & sessional staff Sundry payTnents Total payments 5081 980 127 2078 730 8369 200 34 132 669 2652 62 875 267 4422 6207 1849 6407 1883 132 2309 12062 11672 875 889 13168 194 1185 297 2277 457 280 97 24 1058 233 24186 4021 88508 59 172273 1640 9410 11610 852 10063 23 1866 251 2172 351 560 130 622 8746 185 445 297 1136 740 1141 457 280 97 24 716 233 16950 3931 84795 962 295 17510 2330 79510 342 7236 90 3713 59 23100 134240 149173 (18590) 53827 35237 Net re¢eiptsl(payments) Cash funds at start of this period Cash funds at end of this period 2246 6108 8354 (22905) (20659) 29129 35237 6224 14578 The Greenway Centre statement of assets and liabilities at 31 March 2024 2023 2024 Cash assets Bank accounts Cash in hatij Note 34550 687 35237 14226 352 14578 Olher monetary assets Debtors & prepawnents 3227 3227 3349 3349 Assets retained for the charty's own use ACER PC, purchased 2021, cost £549. Full kitchen refurbishment, purchased 2019, cost £14,003. Laptop, purchased 2023, cost £584. Walk-Behind scTh￿bef Dryer, purchased 2023, cost £1,507. Projector, purchased 2023, cost £3,077. Liabilities Creditors 1080 110801 1582 1582) These financial statements are accepted on behalf of the charity by: Signed Charlotte Christine, Trustee Dated a/io/ The Greenway Centre Notes to the accounts for the year ended 31 March 2024 1. Receipts & payments accounts Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand. 2. Grants & donations Unre*rlcted Restrlcted Totsl The National Lottery Community Fund Renewal Trust NottiNJham City Council Peter Harrison Foundation The Jones 1986 Charitable Trust Nottinghamshire Community Foundation Active Partners Trust Makers of Imaginery Worlds Nadia Whittome Fareshare East MidlaThJs Mrs Rachel Ramchurn Nottingham Forest CommunityTrust Sundry grants & donatior 59819 21850 16075 10000 6000 5000 3415 1760 1000 819 411 59819 21850 21556 10000 6500 5000 3415 1760 2000 819 411 1750 5481 500 1000 1750 11 119 126268 119 134999 8731 3. Funds analysis Opgning balance Receipts (Paymgntsl Closng balance Restricted funds Awards for All Holiday Club Wednesday Group- ABG J N Derbyshire Trust Street Games Active Partners Community FurKI HSF Fund 9495 21019 45432 (2539) 10402 1000 154 (9495) (60296) 6155 (10777) (2914) (1000) (154) (3415) (54036) 10000 (149173) 3415 57019 10000 29129 126268 2983 6224 Unrestrictsd funds General futKI 6108 6108 25346 25346 23100 (231001 8354 8354 The Greenway Centre The specific purposes for which these funds are held are.. Awards for All - Funds used to support our holiday hunger provision held during the school holidays. Holiday Clubs - To provide a safe and welcoming environment for local young people during the school holiday periods. Wednesday Group - Funds used to run our young person's Wednesday club which is delivered during term time and ensures that all children have access to a meal at the end of each session. J N Derbyshire- Grants used to deliver young people's activities each Wednesday and during the holidays. Street Games- The clubs are open on Monday and Wednesday evenings to give local young people aged 14+ the chance to take part in sport. The Clubs also offer training in sport to local young people with opportunities to gain certification in lesser played sports. The aim of the clubs are to give young people the confidence to take and deliver sessions to young people and also enhance their CVS. Active Partners- Funding for one week of holiday activities for local children 8 -12 years. Activities arts and crafts, multi sports and gymnastics and a local trip with a meal and refreshments provided each day. Community Fund - 5-year funding to support some of the centre's core costs. HSF Fund - Household Support Fund - funding used to pay for food items for our food bank which supports those in the community experiencing food poverty. The deficit in the Wednesday Group - ABG fund is due to grant payments relating to this fund being paid after the year*nd date of 3110312024. 4. Debtors Grants & donations Prepayment- Cleaning Prepayment- Repair and maintenan 2962 231 156 3349 5. Creditors Wages, Nl, pension & sessional staff Professional fees 658 924 1582 6. Premises & staff The premises are leased from the local authority for a small fee of £10 per year. The Greenway Centre 7. Trustees. remuneration Trustees received no expenses, remuneration or benefits in this period. 8. Related party transactions There were no related party transactions in this period. 9. Glossary of terms Creditors: These are amounts owed by the charity, but not paid during the accounting period. Debtors: These are amounts owed to the charity, but not received in the accounting period. Prepayments: These are ServI￿S that the charity has paid for in advance, but not used during the accounting period. Restricted funds: These are funds given to the charity, subject to specific restrictions set 10