Bramcote and Stapleford Community Hub Trustees Annual Report and Accounts ForThe Year Ended 30 June 2024 Charity Number 1183832
Bramcote and Stapleford Community Hub Trustees, Annual Report ForThe Year Ended 30 June 2024 Report As in 2022-2023, the Trustees continued to search for new Trustees to assist in restarting the tivities of the charity but were again unsuccessful in getting the commitment required. Activities were not restarted, therefore. The Trustee's view is that charity should be wound up and scheduled a meeting for July 2024 t this. Stephen Austin Treasurer, Bramcote and Stapleford Community Hub. Objects and Organisation to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the objective of reducing social isolation via the provision of meeting space fo upport groups for parents, carers, children, the elderly and the unemployed and to improve the conditions of life for local inhabitants. to establish, or secure the establishment of, a Community Hub and to maintain and manage the same. to promote such other charitable purposes as may from time to time be determined. Achievements and Performance There were no activities during the year ended June 2024.
Bramcote and Stapleford Community Hub Trustees, Annual Report For The Year Ended 30 June 2024 Continued Public Benefit To further or benefit the residents of Bramcote Stapleford and the neighbourhood, without distinction of sex, sexual orientation, race 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. In furtherance of these objects but not otherwise, the trustees shall have power: 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 objects. Structure, Governance and Management Governance The Bramcote and Stapleford Community Hub was constituted as a Charitable Incorporated Organisation on 11 June 2019; before that date, the Bramcote HilLs Park Community Cafe CIC existed as a registered body which had commenced on 30 April 2016. The trustees who have served during the period and since commencement are set out on page 5. None of the trustees, nor any person connected to them, has received any paid remuneration from the Charity in the year to 30 June 2024. The power to appoint trustees is vested in existing trustees. Apart from the first Charity trustees, every trustee must be appointed for a term of three years by resolution passed at a properly convened meeting of the Charity trustees. All major decisions, including those of a financial nature, are made by the Board of Trustees at their meetings. Appointing of Trustees Trustees are appointed through the unanimous voting of the Board of Trustees. The Board of Trustees is made up of members who demonstrate the commitment and ability to contribute vaLuabLe skills towards the running of the charity. Trustees are appointed for 3 years. Finance The attached financial statements show the current state of the Charity's finances which the committee considers to be sound.
Bramcote and Stapleford Community Hub Trustees, Annual Report For The Year Ended 30 June 2024 Continued Reserves Bramcote and Stapleford Community Hub will raise money to build and develop its facilities which will be set aside for this purpose. This will be separate from the Charity's general reserve Bramcote and Staplef ommunity Hub aims to keep a level of reserves that will cover 1 months of regular operating activity to guard against a Loss of income. This is consider by the mmittee a reasonable level for this charity and will be reviewed at the AGM. Future Plans The original pr ct plan was se rely disrupted by COVID-19 and the resignati of key trustees who the remaining trustees have not been able to replace. It has been put on hold pending the recruitment of new Tr
Bramcote and Stapleford Community Hub Trustees, Annual Report For The Year Ended 30 June 2024 Continued Reference and Administration Information Charity Registration Number: 1183832 Trustees: Stephen Austin Prof. Stanley Heptinstall David Watts Principal Contact Address: 18 Wembley Gardens Bramcote Nottingham NG9 3FE Bankers: The Co-operative Bank Declaration We declare in our capacity as trustees that the Trustees have approved this report, and we are authorised to sign. Signature Signature Full Name Full Name gfE< Ac rJ F£Éo ELICE nfyJLgF NEefi Th) ThLL Position Position ThriE Date Date 14
Bramcote and Stapleford Community Hub RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 We certify that to the best of our knowledge and belief all the transactions relating to the Charity were correctly entered in the books and these Accounts are a true reflection of those records and the explanations and information provided to you and we know of no omissions. Signed Dated Signed Dated
Bramcote and Stapleford Community Hub Receipts and Payments Accounts ForThe Year Ended 30 June 2024 Unrestricted Funds 2024 Unrestricted Funds 2023 Receipts Receipts Total Receipts Payments Donation Governance Costs 1000 240 Total Expenditure 1240 Excess expenditure over receipts 1240 Open Balance- The Co-operative Bank Closing BaLance- The Co-operative Bank 1607 1607 2847 1607 .FAL Trustee Signature Trustee Name Date Name Date I Cf H CrJ KL69£<iClC A(11 fKM Le7 MF¢ri fvJrnLL 4(, (.
Bramcote and Stapleford Community Hub Statement of Assets and liabilities at the end of the year Total Unrestricted Funds 2023/24 Tota I Unrestricted Funds 2022123 Cash Funds- Co-operative Bank Balance £1607 £1607 Amounts Payable (Accrued charges) £0 £1240 Notes to the Accounts 1. Basis of Preparation and Assessment of Going Concern The accounts (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 (FRS102) effective on l January 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I02), and the Charities Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note{s). The accounts (financial statements) have been prepared to give a 'true and fair, view and have departed from the Charities {Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This departure has involved following the 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 I02) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005, which has since been withdrawn. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The accounts are presented in Sterling £. a) Income This is accounted for on a receivable purpose in the period which it is received. b) Payments These are accounted for as paid. 2. Accountancy Charges There were no accountancy charges.
Bramcote and Stapleford Community Hub Statement of Assets and liabilities at the end of the year 3. Taxation The Charitable Trust is exempt from Corporation Tax on its charitable activities. 4. All monies currently held are unrestricted in their application. 5. Emoluments ofTrustees No emoluments were received by the Trustees in their capacity as Trustees. There were no other emoluments or expenses paid to any charity Trustees or person connected with such a Trustee directly or indirectly from the funds of the charity. 6. The Trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at year end the Charitable Incorporated Organisation did not have any outstanding guarantees to third parties nor any debts secured on assets of the Charitable Incorporated Organisation. 7. Related PartyTransactions There are no related party transactions