# **Greenside Community Centre CIO Charity Registration no 1178200**
**Financial Statements For the period ended 30 April 2021**
**Greenside Community Centre CIO - 1178200**
## **Legal and Administrative Information**
**Name:** Greenside Community Centre CIO
**Charity No:** 1178200 **Trustees:** Audrey Pyle Marjorie McCarthy Colin Graham Pamela Richardson **Registered Address:** Greenside Community Centre Greenside Ryton NE40 4AA **Bankers:** Lloyds Bank plc **Independent Examiner:** Kerry-Ann Johnston
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**Greenside Community Centre CIO - 1178200**
## **Contents**
1. Trustees’ Report Pages 4-5 2. Independent Examiner’s Report Page 6 3. Statement of Financial Activities Page 7 4. Balance Sheet Page 8 5. Notes to the Accounts Pages 9-12
Page 3 of 12
**Greenside Community Centre CIO - 1178200**
## **Trustees’ Report**
## **Objectives and Activities Objectives:**
- Further or benefit the residents of Greenside and the surrounding areas of Gateshead without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents 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 objective of improving the conditions of life for the residents.
- To establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objectives.
## **Activities:**
The Community centre has continued to successfully provide a clean, safe and welcoming facility for the local community to hold events, public meetings and regular activities however this has proved particularly challenging during 20/21 due to Covid restrictions when the Centre was closed to activities for most of the year.
Our regular activities of Keep Fit classes, yoga (including mens yoga), fitness and wellbeing classes, drama and play groups for children, karate, dog training, doggy play group were suspended. Regular meetings of groups include Womens Institute (WI), Local History Group, Cycle Club, Italian classes and Sugarcraft classes could also not take place.
Our previous new additions - the Messy Church playgroup, services and coffee mornings following the closure of the local Methodist Chapel also suffered, as did the new craft shop, Fudge & Brownie shop, cooked meals and coffee mornings with all activity unfortunately halted due to Covid.
We were unable to hold events in the large hall and other rooms although these did pick up following the relaxation of restrictions with social distancing measures in place.
The centre is only now coming back into use to be used for other regulars including Local Councillor Surgeries, a polling station and for regular community consultations. The borrow a book scheme is growing again and the open access Wi-Fi is frequently used. The centre also provides free access to a PC and associated kit for users and those wishing to have PC access and we hope for greater use as things return to normality.
## **Achievements:**
The last year has proved particularly difficult for everyone with face to face meetings of our management committee being impossible. We have, however, embraced new technology in order to keep in touch and manage as effectively as possible.
The Facebook page has allowed us to keep in touch with the community and the website is kept up to date. We hope to have face to face meetings again soon.
The trustees/directors have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by the range of activities as described above.
## **Risk Management**
The Trustees are examining the major risks, which the company faces in relation to external factors, governance and management, internal operations and business. They are considering the likelihood and the impact of risks and are reviewing what systems should be in place to control and reduce those risks. The systems are being designed to provide reasonable, but not absolute, assurance against material loss or misstatement of loss.
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## **Greenside Community Centre CIO - 1178200**
## **Reserves Policy**
It is the policy of the company to try to build up unrestricted funds, which are free reserves of the company, to a level that equates to approximately 3-6 months unrestricted expenditure. This will provide sufficient funds to cover management and administration support costs and any emergencies that may arise from time to time.
## **Future Plans**
Future plans include additional lettings to local businesses and user groups.
## **Trustees’ responsibilities:**
The Trustees’ are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the company and which enable them to comply with applicable law. The Trustees are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approved by the members and signed on their behalf:**
_Name:_
_Signature:……………………………………………………. Name: Signature:_
_Date:20 May 2022…………………………………………………….._
Page 5 of 12
**Greenside Community Centre CIO - 1178200**
## **Independent Examiners Report**
Report to the trustees/members of Greenside Community Centre CIO on Accounts for the year ended 30 April 2021 set out on pages 7-12.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income does not exceed £250,000.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- • to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
- have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kerry Ann Johnston
Date 10 May 2022
Signed
Page 6 of 12
## **Greenside Community Centre CIO - 1178200 Statement of Financial Activities**
## **(incorporating the income and expenditure account)**
## **for the period ended 30 April 2021**
|**Note**
**Income and Endowments from:**
**2**
Donations and Legacies
Investment Income
Charitable Activities
Other Trading Activities
Other
**Total**
**Expenditure on:**
**2**
Raising Funds
Charitable activities
Other
**Total Resources Expended**
**Net incoming/outgoing resources**
**before transfers**
Transfers
**Net movement in funds**
**C/F**
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**|**Total**
**Funds**
**2020-21**
**£**|**Total**
**Funds**
**2019-20**
**£**|
|---|---|---|---|
||21,001
0
5
0
5,424
0
0
0
4,685
0|21,001
5
5,424
0
4,685|10,645
10
16,069
0
993|
||**31,115**
**0**|**31,115**|**27,717**|
||14,679
0
356
0|0
14,679
356|0
15,838
127|
||**15,035**
**0**|**15,035**|**15,965**|
||**16,080**
**0**|
**16,080**|**11,752**|
|||0
0|0|
||**16,080**
**0**|**16,080**|**11,752**|
||1,070
43,742|44,812|33,060|
||**59,822**
**1,070**|**60,892**|**44,812**|
The notes on pages 9-10 form an integral part of these financial statements.
Page 7 of 12
## **Greenside Community Centre CIO - 1178200 Balance Sheet**
**as at 30 April 2020**
**----- Start of picture text -----**
2020-21 2019-20
Note Funds
£ £
Fixed Assets:
Tangible Assets 0 0
Total Fixed Assets: 0 0
Current Assets
Debtors 6 1,257 1,257
Cash at Bank and In Hand 59,635 43,355
Total Current Assets 60,892 44,612
Total Current and Fixed Assets 60,892 44,612
Liabilities
Creditors: Amounts falling due within one year 7 0 (200)
Creditors: Amounts falling due after one year
Total Current and Long Term Liabilities (0) (0)
Total Assets 60,892 44,812
The Funds of the Charity:
Unrestricted Funds 60,892 43,742
Restricted Funds 0 1,070
TOTAL CHARITY FUNDS 60,892 44,812
**----- End of picture text -----**
## **Statement of Exemption:**
For the year ending 30 April 2021 the company was entitled to exemption from audit under section 477of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.’
## **Approved by the members and signed on their behalf:**
_Signature:_
_Name:_
_Name: Signature:_
_Date: 20 May 2022…………………………………………………….._
The notes on pages 9-12 form an integral part of these financial statements
Page 8 of 12
**Greenside Community Centre CIO - 1178200**
**for the period ending 30 April 2021**
# **Notes to the Financial Statements**
## **1 Accounting Policies**
## **Basis of Preparation**
These Financial Statements have been prepared in accordance with 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 January 2015) – Charities SORP (FRS 102).
Greenside Community Centre CIO meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Incoming Resources**
These are included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability
Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Capital Grants are released over the economic useful life of the asset to which they relate
## **Resources Expended and Liabilities**
Resources expended have been analysed using a natural classification.
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
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## **Greenside Community Centre CIO - 1178200**
## **2 Funds**
The Charity has 2 funds, an unrestricted general fund, which has a designated fund and a restricted fund used for purchasing items of a specific nature funded by one funder: hence all movements on each fund are disclosed.
|**Restricted Funds**
**Funder**
Gateshead Council
Proctor and Gamble
**Total**
**Unrestricted Funds**
**Funder**
General Fund
**Total**
**Total Funds**|**Bal. b/f**
**Income**
**Expenditure**
**Transfers**
**Bal. c/f**
570
0
570
0
500
0
0
500|
|---|---|
||**1,070**
**0**
**0**
**0**
**0**|
||**Bal. b/f**
**Income**
**Expenditure**
**Transfers**
**Bal. c/f**
43,742
31,115
(15,035)
59,822|
||**43,742**
**31,115**
**(15,035)**
**0**
**59,822**|
|||
||**44,812**
**31,115**
**(15,035)**
**0**
**60,892**|
## **3 Investment Income**
This is interest earned in a bank account
## **4 Income and Expenditure Analysis 2020-21**
||**Analysis 2020-21**|**Analysis 2020-21**||
|---|---|---|---|
|||||
|**Income and Endowments from:**
**Donations and Legacies**
Donations/Grants
**Charitable Activities**
Hall Lettings
Subscriptions
Special Efforts
**Other Trading Activities**
Fundraising Income
**Investments**
Bank Interest Earned
**Other**
Miscellaneous Income
**Total Incoming Resources**|**Unrestricted**
**Restricted**
**Total**
**2020-21**
21,001
0
21,001||**Total**
**2019-20**
0
0
10,645|
||21,001
0|21,001|10,645|
|||||
||5,424
0
0|5,424
0
0|15,855
0
214|
||5,424
0|5,424|16,069|
|||||
|||0|0|
||0
0|0|0|
||5
5
10|||
||5
0|5|10|
|||||
||4,685|4,685|993|
||4,685
0|4,685|993|
|||||
||**31,115**
**0**|**31,115**|**27,717**|
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## **Greenside Community Centre CIO - 1178200**
|**Resources Expended**
**Raising Funds**
**Charitable Activities**
Wages
Cleaning and Waste Disposal
Renewals
Minor Repairs
Major Repairs
Electricity
Gas
Water Rates
Admin, Stationery and Postage
Accountancy/Independent Examination
Insurance
Telephone and Broadband
**Other**
**Total Resources Expended**
**Support Costs**
**Support Cost Type**
Wages
Cleaning and Waste Disposal
Renewals
Minor Repairs
Major Repairs
Electricity
Gas
Water Rates
Admin, Stationery and Postage
Insurance
Miscelleanous
Telephone and Broadband|**Unrestricted**
**Restricted**
**Total**
**2020-21**
0
0
0|**Unrestricted**
**Restricted**
**Total**
**2020-21**
0
0
0|**Total**
**2019-20**
0|
|---|---|---|---|
||0
0|0|0|
|||||
||5,591
579
72
21
3,074
1,430
756
385
1,142
0
882
746|5,591
579
72
21
3,074
1,430
756
385
1,142
0
882
746
0|5,330
254
533
556
2,338
2,370
1,914
396
464
0
877
756
0|
||**14,679**|**14,679**|**15,838**|
||(200)|||
||**3**56|356|327|
||356|356|127|
|||||
||**15,035**|**15,035**|**15,965**|
|||||
||**Fundraising**
**Charitable**
**Governance**
**Activity**
**Activity**
**Activity**
**£**
**£**
**£**
5,591
579
72
21
3,074
1,430
756
1,142
882
**746**
385
356||**Total Cost**
**£**
5,330
254
533
556
2,388
2,370
1,914
396
464
877
756
0|
||**15,035**
**15,838**|||
Page 11 of 12
**Greenside Community Centre CIO - 1178200**
## **5 Salaries/Wages**
|||||
|---|---|---|---|
|Wages and Salaries
Staff Pension Contributions
Other Costs|**Unrestricted**
**Restricted**
**£**
**£**
5,591
0
0|**2020-21**
**Total**
**£**
5,591
0
0|**2019-20**
**Total**
**£**
5,330|
||**5,591**
**0**|**5,591**|**5,330**|
|||**2020-21**
**2019-20**
**Number**
**Number**||
|||2|2|
2 part time employees were employed during this period no remuneration of more than £60,000 was made.
## **6 Debtors**
||||
|---|---|---|
|Trade Debtors
**Total**|**2020-21**
**£**
1,257|**2019-20**
**£**
1,257|
||**1,257**|**1,257**|
## **7 Creditors: due within 1 year**
||||
|---|---|---|
|**Creditors due within 1 year**
Independent Examination Fee
Trade Creditors
**Total**|**2020-21**
**£**
0
0|**2019-20**
**£**
0
0|
||**0**|**0**|
## **8 Cash at bank and in hand**
## **Cash at Bank and in Hand**
||||
|---|---|---|
|Deposit Account
Current Account
Petty Cash
**Total**|**2020-21**
20,433
39,160
42|**2019-20**
20,428
23,121
6|
||**59,635**|**43,555**|
## **9 Independent Examination Fee**
||||
|---|---|---|
|Independent Examination Fee
**Total**|**2020-21**
**£**
0
0
**0**|**2019-20**
**£**
0
0|
|||**0**|
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