## Thornton Village Community Centre
Charity number 1184543
Annual Report and Financial Statements
for the year ended 5 April 2024
## Thornton Village Community Centre
## Annual Report and Financial Statements
for the year ended 5 April 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Receipts and payments account|6|
|Statement of assets and liabilities|7|
|Notes to the accounts|8 to 9|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Thornton Village Community Centre
## Trustees' report for the year ended 5 April 2024
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Sharon Bewes Frances Soames Immanuel McKenzie Gordon Payne Rebecca Warden Lisa Singleton
Treasurer Chair
Appointed 1 September 2023 Appointed 1 September 2023 Appointed 3 April 2024 Resigned 1 September 2023 Resigned 17 September 2023
## **Charity number**
1184543
Registered in England and Wales
## **Registered and principal address**
## **Bankers**
Thornton Community Centre Barclays Bank 50 Market Street 10 Market Street Thornton Bradford Bradford BD1 1EG BD13 3HW
## **Independent examiner**
Alan Dodd FCCA
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 23 July 2019 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by the trustees at a duly convened meeting.
2
## Thornton Village Community Centre
## Trustees' report (continued) for the year ended 5 April 2024
## **Objectives and activities**
## **The charity's objects**
To further or benefit the residents of Thornton, Bradford, West Yorkshire and the neighbourhood, 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, health and fitness, welfare 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.
## **The charity's main activities**
The charity carries out a wide range of activities which the trustees consider how they can provide a benefit to both residents in Thornton and surrounding areas who attend the centre or the various groups that we partner with in the village of Thornton and beyond.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education, health and community development.
## **Achievements and performance**
## Community Asset Transfer
This year has been a busy one and has seen a number of significant events. By far the most important one has been our success, after 3 long years, in finally achieving Community Asset Transfer (CAT) so that the Centre is now in our hands and thus in the hands of local residents. It has been a long journey from 2017 when first the Library, and then the Centre, were threatened with closure. Our success in achieving the CAT is due entirely to the volunteers who have been working for the last 7 years. The CAT opens a great opportunity for us in terms of the quality and quantity of bids for funding that we can make in the future.
## Groups/Users
At present we have 17 groups using the centre every week. They include pilates, crochet club, Thornton Antiquarians, Kids Art Club, Chess club, Baby ballet, yoga, dance factory and number of events around health and wellbeing and social inclusion. The community website lists all details of the groups. We also run a successful monthly Sunday Cinema club. This equates to about 350 users a week.
3
## Thornton Village Community Centre
## Trustees' report (continued) for the year ended 5 April 2024
## **Achievements and performance (continued)**
## Other Events
We also organise and support a number of one off events and work with other organisations in the village. It would be impossible to list all those from the last year but to name a few:
The monthly village litter pick with Sapgate Gardens The Arts Trail Open Gardens Bronte House open day Xmas lights and fair Cancer screening sessions Fostering for Bradford Antiquarians open day Kid Halloween night Mediumship night Curry nights Quiz night etc etc
We are planning more events which include fundraising for the Centre
## The Library
The Library is an important part of the centre. It is run by over 20 volunteers and this year has extended its opening hours to include Tuesday morning. It has about 150 users a week. It runs a very successful Rhyme Time on Wednesday mornings which has won a number of city wide awards. With Sapgate Gardens we also run the Teddy Bears Picnic open to all families. We take part in the Summer Reading challenge for primary school age children. There is also a Book Club which meets the first Thursday of every month. The library also runs a number of evening sessions with local authors and poets.
## Finances
We have had to review our pricing structure this year. There had been no increases in hire charges for a number of years but, in the light of the costs around utilities, we had no choice but to increase our charges. Even so, we have researched charges for other centres and facilities in the local area and Bradford and our charges are still the lowest and we hope to keep this for the foreseeable future
## **Financial review**
The net payments for the year were £25,427, including net payments of £17,217 on unrestricted funds and net payments of £8,210 on restricted funds.
## **Reserves policy**
The charity's free reserves, at the year end were £27,287.
The trustees have reviewed the reserves of the charity. Our policy is to hold enough funds to meet 6 months' operating costs, and we estimate we now need just over £30,000 in reserves in order to have sufficient funds for unexpected repairs. We continue to upgrade the centre and intend to maintain our existing range of community activities and long term want to expand and open either a coffee shop or café, so we can become self-sustaining and not rely on funding all the time to keep us going.
Approved by the board of trustees on …………..……...…….
Signed: ………………..…………. (Trustee)
Name: ……………..…..………….
4
## Thornton Village Community Centre
## Independent examiner's report to the trustees of Thornton Village Community Centre
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 5 April 2024, which are set out on pages 6 to 9.
## **Responsibilities and basis of report**
As the charity trustees of the CIO 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 CIO's accounts as carried out under section 145 of the 2011 Act. 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 material 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 Charities Act; 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: …………………………………… Name: Alan Dodd FCCA
Date: …………………….
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Thornton Village Community Centre
## Receipts and payments account
## for the year ended 5 April 2024
|Notes
2024
Unrestricted
funds
£
**Receipts**
Grants and donations
(2)
6,813
Room hire
19,885
Fundraising
1,945
Bank interest
436
Other income
410
**Total receipts**
29,489
**Payments**
Salaries NI and pensions
18,976
Cleaning
3,930
Utilities
498
Repairs and maintenance
1,154
Food and refreshments
732
Central heating system including boilers
-
Solar panels
8,993
Disabled access flooring and toilets
1,239
Project expenses
8,451
Licences
21
Office
310
Sunday cinema
344
Hanging baskets
702
Room hire
-
Insurance
373
Advertising
-
Independent examination
720
Payroll fees
263
**Total payments**
46,706
**Net receipts / (payments)**
(17,217)
**Fund balances brought forward**
44,504
**Fund balances carried forward**
(3)
27,287|2024
Restricted
funds
£
20,638
-
-
-
-
20,638
115
1,853
3,825
2,543
428
-
8,000
10,798
1,095
161
30
-
-
-
-
-
-
-
28,848
(8,210)
11,639
3,429|2024
Total
funds
£
27,451
19,885
1,945
436
410
50,127
19,091
5,783
4,323
3,697
1,160
-
16,993
12,037
9,546
182
340
344
702
-
373
-
720
263
75,554
(25,427)
56,143
30,716|2023
Total
funds
£
20,342
17,604
3,589
83
513
42,131
9,033
7,143
6,105
15,200
913
25,823
-
-
2,824
239
603
749
42
54
473
342
-
-
69,543
(27,412)
83,555
56,143|
|---|---|---|---|
6
## Thornton Village Community Centre
## Statement of assets and liabilities
|as at 5 April 2024
2024
Unrestricted
£
**Cash funds**
Cash at bank
27,287
**Total cash funds**
27,287
**Debtors and prepayments**
Debtors
Prepayments
**Assets retained for the charity's own use**
Central heating system
Solar PV installation
Disabled access flooring and toilets
**Liabilities**
Accruals|2024
Restricted
£
3,429
3,429|2024
Total
£
30,716
30,716
2024
£
6,300
428
6,728
2024
£
792
792|2023
Total
£
56,143
56,143|
|---|---|---|---|
The financial statements were approved by the board of trustees on …………..……...…….
Signed: ……………...………….…. (Trustee)
Name: ……………..…..………….
7
## Thornton Village Community Centre
## Notes to the accounts
for the year ended 5 April 2024
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## Thornton Village Community Centre
## Notes to the accounts continued
## for the year ended 5 April 2024
|**2 Grants and donations**
City of Bradford Met. Dist. Council (CBMDC)
Bradford VCS Alliance
Other donations
**3 Restricted funds**
Balance b/f
£
Building grant
586
Climate Action grant
8,000
Get up and dance
2,000
Community Chest
500
Coronation party
-
Community Buildings
-
Warm Spaces
553
11,639|2024
Unrestricted
funds
£
-
-
6,813
6,813
Incoming
£
12,500
-
-
-
400
5,000
2,738
20,638|2024
Restricted
funds
£
20,638
-
-
20,638
Outgoing
£
13,086
8,000
1,150
194
400
3,981
2,037
28,848|2024
Total
funds
£
20,638
-
6,813
27,451
Transfers
£
-
-
-
-
-
-
-
-|2023
Total
funds
£
18,000
2,000
342
20,342
Balance c/f
£
-
-
850
306
-
1,019
1,254
3,429|
|---|---|---|---|---|
## **Fund name**
## **Purpose of restriction**
Building grant To update the electrical system and make the centre more accessible. Climate Action grant To purchase and install solar panels in the community centre. Get up and dance Dance classes. Community Chest To purchase chairs and other equipment for the centre. Coronation party Towards the costs of hosting a coronation event Community Buildings To support the running costs of the community centre Warm Spaces To provide access to a safe, friendly warm space with refreshments.
## **4 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
|**Other transactions with trustees or related parties**
Rebecca Warden
**Name of trustee**
**Relationship to**
**Description of transaction**
Trustee (to 1.9.23)
Cleaning services|2024
£
-
-|2023
£
864
864|
|---|---|---|
9