2022-03-31-accounts - St Patrick's Hall Organisation Consett

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St Patrick’s Hall Organisation Consett Report of the Trustees and Financial Statements Year Ended: 31 March 2022 Reg. Charity Number 1180405

Contents Page

Report of the Trustees	1 - 4
Independent Examiners Report	5
Statement of financial activities	6
Balance sheet	7
Notes forming part of the financial statements	8 - 9

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

OBJECTIVES AND ACTIVITIES

The Organisation

St Patrick’s Hall Organisation Consett is a Charitable Incorporated Organisation which has operated since April 2019.

The charity was registered in October 2018 and took over operations formally on 1[st] April 2019.

Objectives

To provide a substantial community facility and services for the benefit of the people of Consett and its surrounding area without distinction of sex, 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 and services in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for said inhabitants.

Activities

As the Covid restrictions have relaxed many of our clients have returned to the hall during the course of the year and it is expected that we will continue to grow during 2022/23. In addition to the hire of the hall to additional user groups the Trustees are continuing to renew such activities as luncheon clubs, tuition in understanding and using computers and other activities beneficial to our parish area.

FINANCIAL REVIEW

Reserves policy

The organisation’s reserves fell dramatically during lockdown as the accounts will show. The Reserves Policy set in 2018 stated that the organisation would aim to have 3 months reserves. The purpose of such reserves is to ensure that work continues in a managed way should the income reduce significantly for any reason, The effect of Covid was to erode our reserves and as the charity moves toward its previous income it is intended that by the end of this financial year they will be increased the desired amount.

Statement of Committee Responsibilities

Charity law require the Committee to prepare financial statements for each financial year which show the assets and liabilities and consolidate all the activities of the organisation. In preparing those financial statements we are required to:

select suitable accounting policies and apply them consistently
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the organisation will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the

organisation. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a Charitable Incorporated Organisation governed by its constitution, managed by a board of Trustees appointed in accordance with the constitution.

Organisational structure

All strategic and tactical decisions are made by the Trustees in committee who meet monthly to oversee the affairs of the CIO. Given the loss of management staff the members of the committee have taken on individual operational responsibilities

Risk management

During 2021/22 the major risks to which the charity is exposed, as identified by the Trustees, were and will continue to be reviewed.

Expenditure continues to be monitored. Robust financial controls are in place. Health & Safety assessments and Fire Risk assessments have been conducted and such corrective measures as were needed have been taken.

All other policies required under various legislation or best practice e.g. Equal Opportunities, Complaints etc. are in place

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1180405

Principal address

Victoria Road, Consett, Co Durham, DH8 5AX

Trustees

J Bagnall T Davidson K Dimmick Secretary J McArdle Resigned 2021 W Simmons P Walls Treasurer M Westgarth Chair

Staff

Joseph Dodds – caretaker/handyman

Bankers

Lloyds Bank, Middle Street, Consett, Co.Durham

CHARITY COMMISSION FOR ENGLANO AND WALES Independent examinerfs report on the accounts Section A Independent Ex3miner's Report R•portt• th• tru•teesl mémbers of St Pa¢ri&k'5 Hall (kwi8ation Congdt On accounts for the year endod . 31° March 2022 Chartty no . 1181405 Set out on pa I report to the tru8tse$ on my examination of the accwnts Ofthp above chaThty Ixhe Tntsfi forthe yèarended 31 March 2022 Responalblliths and ¥18 ol roport As the tharrtlstrustees, you are responsible forthe preparation ofthe accounts in acrdarts thè Nuirements ofthe Charitiès Act2011 I'th8 A1. I rep in re5P8Ct of my examSnation of the Tru8Ys a¢c¢unts carrd out under section 145 of the 2011 Act and in Carn9 tsut my examination. I have follth%Ed 811 appliGaLle Direction8 gNen by the Charity Commis$w)n under section 14515llbl of tha A¢t. Indèpendènt I have comyeted my examination. I that no m8t8rlal mdtterB have •x4minèrfs 8tat4m•nt come lo my attention in connectK)n ryth the examinatK¢n IDther thaTr that (li8cb8ed bElow'l whKh gives m$ cause lo telieve that in, any material respect." the accountir8 records ware not kept in accOrdar ilh 5eGkn 130 ofthe Chath$ Act., or the accounts did not acCr the accounting rewrd5. Cf accounts dKt not comply wth IF 3pplicatrAe requirements conceming the lorm and content of acGount5 88t out in the Charth88 IAecwnt5 qnd Rewrtsl Régulations 2008 other than any requirement thatth¢ aGwunts gNe a Itue and fas whi¢ Is not a matter considered as part ofan in(Jependent examination I have no conrn5 have Qyne across no other matter5 in connecti th the examinion to whh attention 5houkd drawn In Ihi5 report in orderto enab a understand¢ng of th8 acujunts to re8ched. . Ileipse dthle thg wots¢s in the br8ckets rfthey do nol 8ppty Name: | J A McArd Rdovaftt prof•s8ional qualMctlott(sl or bc4ly Addr•¥8: , 31 E4ilh Slr8et, Consett Co. rtWn. DH8 SDN Oct 2018

St Patrick's Hall Organisation Movement of Funds year ended 31st March 2022

Notes Incoming Resources Donations 2 Activities to further the Charity's objects Grants Hire charges, fund raising events, activites 3 Total Incoming Resources Charitable Expenditure Expenditure relating to grants 4 Management and administration 4 Total Resources Expended Net Incoming Resources -Net Income for the year Net Movement in Funds Total Funds at 1 April 2021 Total Funds at 31 March 2022	Unrestricted Funds Restricted Funds Total Funds 2022 Total Funds 2021 £ £ £ 102 102 500 0 0 0 0 0 0 21,208 21,208 5,449
	21,310 0 21,310 5,949
	2535 2,535 0 17,250 - 17,250 11,716
	17,250 2,535 19,78511,716
	4,061 -2,535 1,526 -5,767
	4,061 -2,535 1,526 -5,767
	6,364 15,631 21,995
	13,268 10,253 23,521 21,995

Balance Sheet as at 31[st] March 2022

Notes Fixed Assets 6 Current Assets Cash at Bank Debtors 7 Stock Creditors: amounts due with one year 8 Net current assets / liabilities Restricted Funds (Grant only) Unrestricted Funds	2022 2021 0 0 23,521 21995 0 5440 0 0
	23,521 27435 1,702 7328
	21,819 20,107
	10,253 15,631 11,566 4,476
	21,819 20,107

Approved by the committee Signed M Westgarth (Chair) Signed P Walls (Treasurer)

Date 30/9/2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] March 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 2015)', 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 received the funds.

Expenditure

Governance costs

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit and accountancy fees and costs linked to the strategic management of the charity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance Office equipment – 10% on reducing balance

Items of equipment are capitalised where the purchase price exceeds £200.

Stocks

Stocks are valued at the lower of cost and net realisable value.

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.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2 Donations Mrs Narmathan Anon Amazon Anon 3 Incoming Resources Donations Hire charges for Hall Events Activities Other Grants 4 Total Resources expended General Administration Staff Wages Redundancy Repairs and Renewals Utilities Events Covid Costs Grant expenditure 5 Staff Costs Staff Wages HMRC Furlough	Unrestricted 50 5 27 20	Restricted Total 2022 Total 2021 50 500
	102	0 102 500
	Unrestricted 102 19568 87 0 1553	Restricted Total 2022 Total 2021 102 500 19568 4668 87 171 0 10652 1553 0 0
	21311	0 21311 15991
	Unrestricted 2979 3703 0 3759 6646 163 0	Restricted Total 2022 Total 2021 2979 2076 3703 14844 0 4958 3759 490 6646 163 0 2535 2535
	17250	2535 19785 22368
	Unrestricted 3703 0 0	Restricted Total 2022 Total 2021 3703 0 0
	3703	0 3703 0

6 Tangible Fixed Assets

There are no fixed assets. All assets were transferred to the CIO by the organisation it replaced. As the items were approximately 10 years old there was no residual book value

7 Debtors

7 Debtors St Patrick's RC Church 8 Creditors due within one year St Patrick's RC Church HMRC	Unrestricted Restricted Total 2022 Total 2021 0 3000
	0 0 0 3000
	Unrestricted Restricted Total 2022 Total 2021 1702 1702 7274 0 54
	1702 0 1702 7328