CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 06104123 To 05104124 Period start date Period end date Charity name: Norfolk Clubhous• Charity registration numb•r: 1183862 Objectives and Activltles SORP r•lw¢nc• Summary of the purposes of the charity as set out in its governing document Para 1 17 Norfolk Clubhouse's objectives are to relieve persons in Norfolk by the provision of opportunities to individuals, who are socially or vocationally disabled by mental illness, lo recover confidence and develop skills necessa lo achieve their otential. Thorpe Haffllet Hub We moved to Pilling Park Community Centre as a Hub base on 314123. We rented a space there from 10am until 2pm until 512124 when we reduced our hours lo 10am until 1pm. This was due to our Members deasion lo leave at 1pm and also an increase in the hourly rale of room rental. Summary of the main activities in relation to those purposes for the public benefit, in particular, the aclivities, projects or services identified in the accounts. P•rn 1.17 ¥nd 1.19 On 29103r23 we opened on Wednesdays at Chantry Hall in Norwich from 10am until 2pm for a trial pilol in Central Norwich. The aim was to provide a venue centrally for those unable to attend the other Hubs. We closed this on 21106r23 due to lack of attendance from those outside Thorpe Hamlet Hub. Feedback from Members was that chairs provided were uncomfortable. We were limited to using one room only as the kitchen was being used for the Foodbank being held simultaneously at the v8nue. During the Summer we collaborated with Julian Support. an organisation in Thorpe Hamlet supporting vulnerable tenants with outreach and supported housing. Together we created two raised beds at either side of the entran lo their main Offi and planted these up so that their staff and users of servi$ had a pleasant welcome. Two of our Members worked on this and were very pleased with the results. We continue lo maintain them to look welcoming and weed free whilst based at Pillin Park Communit
Centre. In October 2023 we held a Community Craft ALrtumn Fayre at Pilling Park Community Centre. This included stalls from local crafters and Re-Do, a Norwich based CIC we are collaborating with to support volunteering opportunities for our Members. In this rewrting period hvo of our Members are involved in volunteering and paid work with them. One has since secured paid part- lime employment. During the Autumn 2023 we hosled three Drumming Workshops for our Members. having obtained funding from Music For All to purchase several African Djembe Drums. Feedback from our Members was very positive in connecting our bodies to the rhythm of the drum beats, singing along and how this improves our mental health. Over several months in Autumn 2023 we held a series of cookery sessions with some of our Members and delivered group coaching on the Gonneclion with mental health and food. This supported the holistic health of our Members around certain foods which impact positively and negatively on our gut and brain health and hence our mood and mental health. Our Craft Project was enhanced by the purchase of 3 sewing machines and a Cricut Machine in January 2024. These have expanded and widened our craft repertoire of work with our Members. Members have been leaming how to use an electric sewing machine and also how to hand sew. This has increased the confidence of our Members in this skill and unleashed their creativity. We are amazed al the creativity and abilities this project is revealing within our Membefs. 11 has also assisted some Membèrs to repair their clothing rather Ihan throwing items away. Weekly sessions also include group discussion and peer support around topics of interest or Goncem, 1-2-1 coaching for individual Members wishing to explore specific personal issues confidentially, help with applying for state benefits. help to access housing or tackle housing issues. psych¢>education around mental health to support 9eneral health. understanding and positive change. Watton Hub In this financial ear we had to reduce our
support from a tsvice weeldy 3 hour meet-up to one 2 hour meeting on Monday afternoons due to our Sessional Worker needing to deal with a family bereavement. From May to September 2023 our Members rnet in a cafe and maintained their group connection wilh our Sessional Worker meeting with them as he was able. In October 2023 the group commenced meeting on Mondays for 2 hours at the Methodist Centre. The Watton Hub Members are very committed to meeting and wish to meet ice a week, retuming to their twi weekly 3 hour meelings. To facilitate this we have been fund raising for the Hub lo conlinue the work there and also re¢Juiting volunteer CoachiTrAentors to support this return. Members have been continuing with their activities including cooking on a budget and also supporting them with their mental health around relationships and accessing voluntary and paid work. There is very little provision if any. in Watton for those needing support with their mental health. It is a credit to the Members that they have continued to meet through a very difficult time and supported each other peer to eer. Statement confim)ing whether the trustees have had regard lo the guidance issued by the Charity Commission on publi¢ Èenefit Pora 1.18 We confirm the Trustees have had regard to the Charity Commission's guidan on public benefft. Additional infomiation loptional) You ma choose to include fijrther statements where relevant about" SORP referen Para 1.38 NIA Policy on grant making Para 1.38 NIA Policy on social investment including program related investment The Norfolk Clubhouse website has been constructed and maintained by a volunteer. Their time and expertise for this has been unpaid. Para 1.38 Contribution made by volunleers We recruited a volunteer in Au ust 2023
who was interested in supporting us to develop a Social Media Strategy. They have helped us to identify some ways we can improve our public profile. A volunteer Coach-mentor tegan volunteering at our Watton Hub from 01104124. They are supporting our Members to become more physically active whilst also providing mentoring in mental health through their lived ex erience. We Sour a self-employed Sessional Worker in February 2022 to provide facilitated sessions for our Watton Hub Members. They have continued to provide sessions through to April 2024. Other INe sourced a sècond self-employed Sessional Worker for our Thorpe Hamlet Hub frotn June 2022. They have continued to rovide sessions throu h to A ril 2024.
Achievements and Performance SORP ferenc8 Summary ofthe main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 During the financial year 06104r23 to 05104124 we suslained our Hubs in Thorpe Hamlet and Watton. We delivered 89 face to face sessions. Members did not request Zoom meetings and Saturday Socials as they were attending the Hubs face to face more regularly this financial year. The weekly support from our facilitators and peer lo peer support have helped our Members gain confidence, life skills and 3 of our Members have gained part time employment during this financial year. Others are volunteering théir time at local charity shops or with other social enterprises we are connected with through netsvorking. Both Hubs have a committed core members of between 6-11 each week and we support their carers who are able to have 2-3 hours respite each week whilst their family member is at one of the Hubs. We attended the Small Charity's Showcase in April 2023 and hosted an Autumn Craft Fayre at Pilling Park Community Centre in October 2023. The latter supported our fundraising for our Members, selling items they had made in our sessions. In our collaboration with Julian Support in enhanung their garden area, we also supported local wildlife in the planting of eady flowering plants and improved the general look ofthe area. Feedback from passers by was positive in ¢aling pleasant environment at Pilling Park and in planting up 2 raised beds al the Cenlre itself with perennial plants and Spring bulbs. We have 337 Followers on Facebook and 446 on Inslagram where we promote our activities and posl items of interest. We connect with other Cluthouses globally and also local charities, social enterprises and businesses with whom we share values and elhical oullook.
Additional inforniation loptional) You ma choose to indude further statements where relevant about.. Achievements against Pala 1.41 We have achieved our short term objertives objeclives sel of sustaining our Hubs in Norfolk. These are established and have a regular weekly group of committed Members. There are limits to the growth ofthe Hubs both in numbers and the delivery of our objectsves. due to the room only rental in Community Centres. Due to space limits it is possible we have reached the limit of growth at these venues. In order to grow in numbers and delivery of our objectives to the fullest extent. we need a dedicated or shared space with storage open ideally for 5 days a week. Attempts at securing a suitable space for these for over 3 years, have to dat8 proved fruitless. We continue to collaborale with Norwich Eco•Hub who have now fomie(l another charity. the NOlCh Unity Hub. The charity'8 vision of renting a shared space in Norwi¢h with some 20 plus charity and social enterprises is still being adively pursued. We aim lo be one of the charities to secure space, managed by the Unity Hub in Norwich. We will report in the next Annual Report confirming the securing of this which will be in effect a Community Base for Norwich. OtheThvise. we will be reporting our decision regrading our future. The aim ofthe Unity Hub is to support us and other organisalions to find suitable premises we can Sha or nt alone to further our objedives as we require a building or a regular secure shared space to fully deliver the Clubhouse Model in its entirety. Perfomiano of fundraising activities against objectives set P4r• 1.41 We have sufficienl funds to deliver OLrtstanding projects at our Thorpe Hamlet Hub. We are continuing to review the sustainability of our Hub in Watton in relation to growth in Membership and delivery of support for existing Members and welcoming addib'onal Members. Investment perfomiance against objectives Par8 1.41 NIA Other NIA
Financial Review Review of the charity, financial position at the end of the riod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficil Explanation of any uncertainties about the charity continuing as a going concem Para 1.21 Our finances at the end of the accounting period were in credit by £34,561.52 Parn 1.22 We hold reseNes of a minimum of 12 weeks. annual operating Costs in order lo cover nesSa ex enditure. Para 1.22 £9,692 NIA Par¥ 1.22 Pora 1.24 NIA P•ra 1.23 NIA Additional infomiation (optional) You ma choose to include further Statements where relevant alx)ut'. The charity's principal Para 1.47 Donations and Grants sources of funds {induding Principal sources for the period 0610412310 any fundraising) 05104124 were'.- Sainsbury's Big Lottery Fund Awards for Al Coop Fundraising {Trustee and Thorpe Hamlet Hub Members Investment policy and objectives including any social inveslment policy adopted Paro 1.46 NIA A description of the principal risks fa¢ing the charity Para 1.46 Our principle source of fundraising currently is via funding bids to donor organisalions. We have ntinued to diversify and in¢reas8 our Board of Trustees to support our sustainability and financial health. One new Trustee skilled in Marketing and PR has made a significant impact on raising our profile on social media and has undertaken personal fundraising thallenges. The risk of cybercrime is ongoing in the digital age. We review or insurance annually to reflect this and also our policies and procedures in relation to the handling and storage of confidential infomalion. As a small charity we have increased our Board of Trustees and are recruiting further volunteers and sessional workers to ensure that in the event of any key individual unable to continuè in the short or long term, the charity may be supp)rted and sustained to enable the organisation to fun and deliver its ob'ects'ves for those it serves.
Other Structure. Governance and Management Description of charity, trusts.. Type of goveming document Paro 1.25 Constitution How is the charity constituted? -ri?,'aled PaTr 1.25 Charitable Incorporated Organisation Trustee selection methods including details of any constitulional provisions e.g. election to post or name of any person or body ents'ded to appoint one or more trustees Para 1.25 1. Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a propedy convened meeting of the charity trustees. 2. In selecting individuals for appointment as harity trustees. the charity trustees must have regard to the skills, knowledge and experience needed for Ihe effective administration of the CIO. Additional information (optional) You ma choose to include further statements where relevant about.. Policies and procedures Para 1.51 All new Trustees are provided with a basic adopted for the indudion and inducts.on and offered relevant training Iraining of trustees opportunities in foundational Trustee training. Any additional training is offered as necessary and to support the needs of the charity. Tnjstees are infonned of relevant training opportunrties via email updates including refresher trainin onare ular basis. Trustees meet every 2 months, being responsible for strategic decision making Conrning major projects and finance. They are consulted beeen meetings as i necessary and additional meetings arranged I to discuss SFeafic issues. The Founder Trustee is responsible for operational decisions conceming the Hubs in Watton and Thorpe Hamlet in consultation with the Sessional worke and Members arourKI specific project delivery. The charity's organisational structure and any wider network with which the charity works Para 1.51 Clubhouse Members are consulted weekly at the sessions by the Founder Trustee and Sessional Workers as per the Clubhouse Model of Mental Health Recovery, being Member led. Member feedbad( is Ihen incorporated into fundraising for particular projects and communicated to the Trustees where relevant. NIA Relationship with any related parties P8ra 1.51
Olher Reference and Administrative details Charit name Other name the charit uses istered charil number Charity's principal address Norfolk Clubhouse 1183862 clo Aston Shaw (Accountant) The Union Suite The Union Building 51-59 Rose Lane Norwich NR1 18Y
Names of the charity trustees who manage the charity Date8 let rf not for whol• Trustee namfr Office Iir any) Namo of rOn lor body) entitled olnt tru8ts0 Ifan June Webb Founder Trustee Mark Trenavin- Body Mark Toole Trustee From 10103123 Trustee From 16104123 Fraser Ulph Bertone Santos- Socorro Trustee From 24105123 Trustee From 22107123 to 3010912024 Catherine Farrar Trustee From17110123 David Moorcroft Trustee Resigned 18111123 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrgctor name rtwasa roved Name of trustees holding title to property belonging to Ihe charity Trusts• n•m• D•t•4 acted If not for whole ear
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional Infomiatlon loptlonal) Names and addr93898 of advisars Ioptlonal InfomtiOn) Type of Name Addross adviser Name of chief oxocutlve or names of senlor slaff members Ioptlonal Infomiatlon) Exemptions from disclosure Reason for non-dis¢losure of ke rsonnel details Other o tional information
Declarations The trustees declaro that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels) Full name{s> June Webb Position {e.g. Secretary Chalr, etc.) Founder Trustee Dato 21 202£
Charity registratio>n number 1183862 NORFOLK CLUBHOUSE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
NORFOLK CLUBHOUSE LEGAL AND ADMINISTRATIVE INFORMATION Trustee8 Mrs J Webb Mrs CR Farrnr Mr M TrenaMn4ody Mi F Ulph Mr (Appointod 17 &¢ob•r 20231 (Appointed 24 May 20231 (Appointed 16 April 20231 Charlty number 1183862 Prlnelpal addre The Union euitding $149 R¢s¢ Lan¥ Norwch Norftslk England NR1 18Y Audltor Aston Sh8w Ltd INornithl Union Suite Union BuiKling 51- 59 RO L8ne Nomch Norfolk England NR1 18Y
NORFOLK CLUBHOUSE CONTENTS P4• Trvstee5' report Stat•m•nt of trustees. r•sponsibilibes lTrdepend¢nt auditorfs report Statemont of financial o(*wtiO$ Balanct $h••t ststemont ofush fflovrt Notes to the fin•nekql stalernnts 7-12
NORFOLK CLUBHOUSE TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2024 Th¢ trusta•s pres•nt their annual report and finantsal $tstements lof the year ended 5 April 2024. The financial stateThnts have been prtrpar•d in accordance th8 accounkn.ng pol1&$ set out in note 1 to the financial statements and c¢mpW wf(h the Norfolk Clubhou5e'5 Igov¢ming docuThntl, the Charitie5 Act 2011 and "Aeeounting and Reports'ng by Char¢$." Stat¢mont of Recommended Pracbce Op1¢abl• to Char.eS preparin9 their a¢counts in accordance WTth the Fin¥no•l Rèpoiting Stsndafd 8piCabkry in the UK 8n¢J Ropublic of Ireland IFRS 1021" 1off8dw8 l January 2019). ObJ•ctlve• and •ctlvld•• Public benefft The trustees h•v$ paid due r•g8rd to guidanc• by th• Charty ComrTNssion In d¢¢iding %that aetNiti8s the Norfolk clubhou shouKI und•rtake. AChIements and perform•nc• Signific8nl 8Ctivities and a¢th•v•m•nts aqatn8t obi8cbv•s FlnAnclal R•setv8s pdicy It is the poliry of the Nortolk Clubhou88 that unr¢slri¢tsd lunds have not bo¢n d•signat•d for 4 eCifiC should be maintained ot a 18vel •quNalent to betsvetrn thr•• and six m¢th.5 expendrture The trustee5 consider Ih8t r•serves al this lev&1 will •nsure that, In the ¢v¢nt ol o Synificant drop In fvnding. they wll be able to continuo Itt& Norfolk Clubh$¢,5 ¢urr•nt actwrties while con$idgration Is gNen to ways In additional fvnds m•y b• r•is•d. This I1 of TestrNos has b••n maintained thwughoutth• y•ar. structur•, gov•rn•nc• And manag•m•nt Th• Norfolk Clubhou80 18 • tharrtable Incorporat organmtion. Th trustees who s•Ned during th• year and up to the d•1• ol ggnature of Iho fin•n¢Lql statsmonts were.. Mr3 J Webb Mrs CR Farrnr Mr M Tr•navin-Body Mr DJ Moorcroft Mr as Socorro Mr F Ulph Mr MA Tool• IAppolnt8<117 Octo1 2tr231 IR•suned 18 Nov•mbèr 20231 IAppointed 22 July 2023 •nd f•Sl9ned 30 Septomb•r 20241 (Appointed 24 May 20231 (Appointed 16 Apnl 2023) RetMnE and apwnlmertt Qftrustaes IDetails ol rthod of r•¢rurtment and appointrn•nt ol trust8.1 None ofthe Iruslees has any beneftKg1 int¥rnst in the cOvany. Al ofthe trustees a memb•rs ofthe company and gu8rant•è to eontribute £1 in thè èv•nt of a wnding up. The comp¥ny'$ ¢urrnnt polKy conceming th• payffont of trade credrtors ts to follow the CBI'S Pronyt Payers Code (copies ar• available from thtr C81, C•ntr• Powrt 103 New Oxford Str•e( LoTrJon K1A 10UI. The compeny's eunent poIY concerning thè payThnt oftrade Creditors is to.. 5ètt1e the terrTh% of payment wrth Suppliers when agreeing the tem% ol each tran$8th.,. • enèui that $uppliers are rrodt awar• of th• terrn5 of paynwnt by In¢lusion of the rehvant ternw In ntracts,. and pay in ac¢ordanc with the comp8nl$ eontractual and othgr legol obligatKJns. Trade credrtors of th8 corrpany at th• y¢8r nd were equivalent to XX da$ purchases, based on the average daily amount invoieed by supplier5 during the year. Or9anisatsonal slrudure
NORFOLK CLUBHOUSE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5APRIL 2024 Th8 trustees, raport was approved by Iht Board olTrust88s. MrsJ Webb Ch•lr Date..
NORFOLK CLUBHOUSE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED S APRIL 2024 Th$ trusto8s are responsible for prapanng the Trustee5' Report and th• financial statenwnts in thecordance with applicable law and Unrted KgdOM A(%ountsThJ Stsnd•rd$ IUni(e¢J Kingdom Gtsnorally Acc•pted Accounting Practcel. The law applicabl& to thorf(ies in England #nd Wales require5 th¢ trustO0$ to prepare financial stat•nnts lor each financial year which gNg a tru6 and fair vivw ol the state of affair5 gf th8 Norfolk Clubhoust on¢J of th8 incoming resources and 8pplicatson of resources of thè Norfolk Clubhous& for that y8ar. In pwparing these financiel st#tèmnts, the trustees •r¢ required to.. - $818et suitsble acnting FKJlKS and Ih•n •pY them con$tsl¢ntty', - observ8 the Ththods •nd principles in th• Charrtm SORP: mgk8 judgements and •stirrAlo$ that are reasonabl¢ •nd prudent, state whelh¥r applicable accounting standards h•v• been foll¢)w•d, $ubject to any mat•rial departur$ di$closed and •xplain¢d in tha financial Strtn8nt5', and prepare trte financial staternnts on the going concem bas unl•85 it Is In•pprgpriate lo pr•sum8 that the charty 11 continuo in operation. The trustees •r• r•8pon$it4• for kPIng Sufficnt accounting r•cords that wlth reason•bl• accuracy •t any time the financial posrtion ol the Norfdk Clubhouse and enabl8 them to ensur• that the finaneial Staternts ¢omply wblh the Charrtios Act 2011. th¢ Chanty (A¢unt$ and Report$l R•gulation$ 2Q)8 and tho provisKJns ol the trust deed. They are also responsibl• for safeguarding the a5sts 01 the Norfolk Clubhouse Ind hence lor l•king r•ason8ble st•ps for th• pr•v•ntion and d•t•etion ol fraud •nd oth•r wregular•s.
NORFOLK CLUBHOUSE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unre•trthd Unr•strlct•d funds funds 2024 2023 Not Incorr from: Oonation5 lega¢i•$ 14,372 33,397 Tt)tsl Income 14,372 33.397 Expendllur• on: Charrtable actwrtieg 9,892 18,881 Total •xp•ndbtur• 9,692 18,881 N•t Incom• and nw)vem•nt In fund• 4.680 14,716 Re¢on¢lll•tlon of fund•: Fund balances 816 April 2023 34,831 20,115 Furd lan¥ At S Aprll 2024 39,511 34.831 The stalem&nt of fin8nci81 actswO*s In¢lud•s all gains and losw r•c¢)gnised in the y••r. Al Incoffle Ind txp•ndltur• derNe fr¢m ¢ontsnuing ath'vitses.
NORFOLK CLUBHOUSE
BALANCE SHEET
ASAT 5APRIL 2024
2024
2023
Flx•d
Tangible assots
5,164
3,929
Current o8••ts
Debtors
Cash al bank •nd in hand
265
34.S62
32.504
34.7
32,504
Creditor•'. amunts Idllng due wlthln
on• y••r
10
14801
11,6021
N•t c¥Jrrent *•••ts
34.347
30,902
T<rtal amets l••• curr•nt Il•bllY
NORFOLK CLUBHOUSE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 5 APRIL 2024 2024 2023 C••h from op•ratlng actlvltle• Cash 96nefated from operations 12 4,895 14.781 Investlng activitie• Purchas6 01 intangible assets Purchase ol18ngibl8 fixed as8•ts 13,1291 11.2351 Net ca•h u•¢d In Invmtlng actSvlikn 11,235 13.9291 Fln4nclnq actlvttO•8 Repaynwnt of borrowings (1.3371 802 N•t ¢ash lu•ed 1nYgener*t from Ilnanelng actlvltie• 11.3371 802 N•t Incream In ¢41h ond c••h •qulv•lent• 2,323 11,e54 Cash and ¢8sh equwalents at beginning ol year 32,504 1,281 C4•h and ca•h •qulvwlents •t •nd of •r 34,&82 32,504
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Aceountlng policle• Charty Infomiatlon Norfolk Clubhouse is a charrty. 1.1 Accounting conventlon The financial ststèmènts have been prepared in a¢eordance wth the Norfolk Clubhtsu$e'$ Igovèming documentl, the Charitiès Act 2011, FRS 102 'The Financial Reporb'ng Standard appliCae In thè UK and Republic of Ireland. I'FRS 102.1 and the Chantie5 SORP"Accounb"n9 and Reporting by Charth"es". Statèment of Recommended Prath"ce applicable to charib.es preparing their accounts in aordanCe with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 11. leffecb.ve 1 January 20191. The Norfolk Clubhouse is a Public Benefft Entsty a5 definéd by FRS 1. The financial 5tatennts have departed from the Charrties (Accounts and Rèports) Regulation$ 2CX)8 only to the exttnt raquired to provKle a true and fair vie+¥. This departure has inVoed followng thè Statement of Recommended Pracbce for ehanties apptying FRS 102 father than the vgrsion of the statent of Rerrended Practice is rèferred to in the Regulats$ whh has since been wlthdiawn. The financial ststements arè prepared in slerliny. vthica is the fvnctional currency of the Norfolk Clubhousa. Monetary arrounts in thèse financsal Stslents are rounded to the nearest £. Thè financial staterrents havè been prepared under thè historical cost convenkn"on. Imodffjed to includè th& revaluation of freehold properties and to include investment properbe5 and certain financial Instruments at fair valuel. Th? principal accountiThJ pol1t$ adopted are set out beknw. 1.2 Ing concwn At the time of approving the financial statemants, the twstees have a reasonable expectation that the Norfolk Clubhouse ha5 adequate resource5 to continue in operab.onal existence for the foreseèable future. Thu5 the trustees continue to adoptth going concem basis of accjntlng in preparing the financial statemonts. 1.3 Charitable fund$ Unrestricted fijnds are available for use at the diseretion of the trustoe$ in fijrtherance tsf theif charitable objectives. Restricted lunds are subject to speafie conditions by donors or grantors as to Aow they rTPy be used. Thè purposes and uses of th? restricted fvnds are set out in the notes to the financial ststements Endowrn1 funds are subJ'eGt to specC conditions by donors that the prtaI must be maintained by thè Norfolk Clubhouse. 1.4 In¢0 Incomè Is recognised when tho Norfolk Clubhouse legally entitled to rt after any perf0mnCe conditions have been mèl the anKJunts can be measured reliably, 8nd rt is probable that income wll be received. Cash donab'ons are retx)gnised on recetpt Other donations are recognised once the Norfolk Clubhouse has been nob"ffied of the donabon. unless performance conditions require deferral of the amount. Income t8X re¢oYtrable in relation to donatr.ons received under Gift Aid or deeds of covenant Is recognised at the time of the donatson. Legacies are recognised on receipt or otheN¢ise if the Norfolk Clubhouse has been notffjed of an impending distribution, the anKJunt is known. and receipt is expected. If the amunt is not known, the legacy is treated as a eonkn"ngenl asset.
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accounting polic IContInu) 1.5 Expenditure Expenditure is recognised once there is a kgal or constructive obligabon to transfer econorruc benefrt to third party, rt 15 probablè that a transfer of economK benefrt5 Yrtll be required in setuement. and the amount of the olligabc>n can be measured reliabty. Expenditure 15 ¢lasyfi by activity. The costs of each athty are made up of the totsl of direct costs and shared $ts, including SUPPOrt costs involved in undèrtakn"n9 each aclivty. Oirect ¢05ts altributablè to a single activity arè albcated diredly to that actmty. Shared costs whh contrbute to mre than one actwty and SUPFx)rt costs which are not attributable to a single activity ar8 appOOned betsyeen those 8divf(ies on a basis consistent with tht usè of resources. Central staff costs are allocated on the basis ol time spènt. and depreciation Charges are allocated on the portir)n of thè assefs use. 1.8 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequenty rreasur¢d at cost or valuation. net of depreciab.on and any impairrrEnt10s50s. Depreciation is recognised so 85 to writè off the c¥)st or valuath?n of a$sèts18ss their residual valu&$ over their useful Iwes on following bases.. Plant and equipment - 0% Teducing baLancè The gain or loss arising on the disposal ol an asset is d8temined as the differencé b&&n the sale proceeds and th& carrying dIue of the asset, and is Tecogni5ed in the staterrEnt of ffinan¢ial aclivrties. 1.7 Impairment of fixed assets At each reporting end date, the Norfolk Clubhouse revithvs the carying arnunts of its tangibk assets to determine whether there is any indieab'on that th95e assets have suffered an impairnnt loss. If any such indication exists, the recoverabk anKJunt of th¢ asset is estimated in ordar to deternwne the 8Xtertt of the impaimient loss Irf any). 1.8 Cash and cash equivalents Cash and cash equNalents include cash in hand, deposits hekj at call wrth banks. other short-term liquid investments with original rnaluribes of three months or less, and bank overdr3fts. Bank overdrafts are shown within borro%ings in current 1wbi1es 1.9 Flnancial instruments The Norfolk Clubhouse has elected to apply the provi51Qrt5 of Seth"on 11 'Basic Finan(aal Instruments, and Section 12 'Ctthe¥ Financial InstnJnnts Issues. ol FRS 102 to all of its finanaal instruments. Financial instrunnts are regnised in the Norfolk Clubhouse's balance sheet whèn the Norfolk Clubhouse becomas party to the contractual provisions of the instrunnt Financial assots and lbIl.•$ are offset, wrth the amounts presenled in the financial staterrent5. wh$ there is a legally enforceable right to set off the recognised amounts and th¢rè is an intention to s¢tt1è on a net basis or to realise the asset and setue the liabuity simuttaneousty. Basic fin8nelal ass•ts Basic financial assets, whKh indud• debtors and ¢ash and bank balances, are inrtially nasured at transaction price including transactK•n costs and are subsequently carried at amorttsed cost using the effectN8 interest mèthod unless the arrangement constitutes a financing transacbon, where the transaction is measured at the present value ol the fvrture recèipts discounted at a market rata of interest. Financial assets classified as receNabl¢ wrthin one yeai are not arrK•rtised.
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Aecountjng pollci IContlnu•d) 8•sk flnancl•l Il•bllltle• Basic financkgl liabilib"¢s. ineluding credrtors and bank loans are initsally recggnistrd at transaction price un1¢55 the arrangernènt constitutes a finan¢in9 transadKin, vknere the d¢bt InstruThnt ¢5 mea5ur¥d at th8 pr8s8nt value of the futurè payments discounted at a rrArket rate of inl¢rg$t. Financial IiabilTb"os ¢lassified as payable within on• year ar• not arrnrtised. Debt instrumants af• suhequtnljy eani8d at am¢xti5•J t>)st. using the effecb"v int•rest rate methtsd. Trad¢ ¢r¥ditors are Oblvjatn$ to pay for good5 or s8Mces that have 1n •eqUid in the tsrdinary Urse ol operations from suppliers Amunts payab are ¢lassffied as current liabilrtlos il payment is due within one year or k8ss. If not, they 8r• prosented a5 non-eurr•nt liabilities. Tradè ertdrtors are recggnised initially at transaction pr• and subsequenyy nwasured at anrtISed cost using the effe¢tNe intorast rthod. lkngnluon of Ilnancl•lllbllltl Financial Iiabilibes ale doracognised when th• Norfdk clubhou,8 contractu•l obligobons expir¢ or •r¥ di$eharged or canc•lld. 1.10 Employe• b•n•fft• The cost of any sjnugod holid•y •ntrtl•rT*nt Is rIgnISed in the p•rbd in which th¢ omployee's servic•s •r• receNed Temnation benerrts 8r• r•cognlsed ImThdiat6ty as an ¢xpgnse vthen th& Norfolk Clubhou$• 1$ d•rnnstrably ¢orrmitt•d to terrr4nal• the •rryJloYnTh1 of an employee or to provide terrrrination benefts. DonAtlon• And le91•• Unre•trktsd Unr••trkt•d lund• fund• 2024 2023 Donations and gifts Reslri¢te¢J funds 1,674 12,698 14,527 18,870 14.372 33,397
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Exp•ndttur• on charftablè xllvlt5e• Hollng 2024 H•adlng 2023 Dlrect colts Olfi¢o exp•nses Admin exp$ ation•ry and printing Publicty ¢xpen$gs Accountancy lees Consuttancy expenJ•i 4,143 4,682 20 146 523 178 5.272 11.876 74 295 1,080 9,692 18,661 An•ly•ls by fund Unr•$trict•d fijnds 9,692 18,681 Tru•t••• Non¢ of th• tru8t808 lof any persons ¢onn•¢tsd wilh th•ml r•c•Ned any lejnOr•t1¢n or b8n•ffts from the Norfolk Clubhouse during Iht y•8r. employw• The average monthty nuffthr ol •mploy••s during lh• y••r vM$'. 2024 Number 2023 Numb•r Totsl Th•f• w•rn no errployees Who annual r•nwnor8tK)n w8S K)re than £60,000. R•MUn•rlQ of key management Tnl The r?munerob"on of k•y m&n8genwnt personnel w•$ •$ fr*llow4'. Taxatlon The ¢hority 1$ •x•nyt from tsxatKJn on its adNities bo¢•us¥ 811 ts ineome is applied for charitable purpo60$. 10-
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Tanglbl• Ilxed assets Plant and •]uipment ¢08t At 6 April 2U23 Addf(ions 3.929 1.235 At 5 April 2024 5.164 Carrying amunt At 5 April 224 5.164 At 5April 2023 3,929 Debtors 2024 2023 Amounts falling duè wothln one year: Other debtors 265 Loans and overdrafts 2024 2023 Directors. bans 1,337 Payable wthin one year 1,337 10 Creditors.. arnounts falllng due within one yèar 2024 2023 Borro%*ings Accruals 8nd deferred bnL%)mè 1,337 265 480 480 1,602
NORFOLK CLUBHOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2024 11 Unre•trkknJ fund• The unrestrided funds of the thaity comprtse th unexpendfjd balanc8s of donats'on5 and grants which are not subj6et to specific condrtions by don0 and gr•nlors a$ to how they may be used. These include designated funds Ythi¢h have betn set aside out ol unrestricted funds by the trustees for spocifi¢ purpose$ At 6 Aprll 2023 In¢omlng rn8ourc•s Resources expended At 5 Aprll 2024 General lund5 34,831 14.372 19.8921 39,511 Pr•vkJu• y•ar: At 6 Aprll IncomSng 2022 r•¥r¢ol Re•oUrl •xp•nd•d At S Aprll 2023 General funds 20,115 33,397 118,6811 34,831 12 C••h g•n•rt•d frnm op•r•tbDn• 2024 2023 Surplus frr the yg01 4,880 14.718 Mov¢ments in working capital.. Increase in credrtors 215 65 C••h g•n•rt•d fn)m op•rntlon• 4.895 14,781 13 An4ty•l• of ch4ngM In n•t fund8 The Norfolk Clubhouse had no matsrial debt during Ihe year. 12-