Bishopton Community Centre CIO
Annual return information, year to 31[st] March 2022
Activities
The Bishopton Community Centre CIO runs the Bishopton Community Centre in Stratford upon Avon. Its purpose is to provide a hall to be used to support and help the community by renting the hall to community groups and others who can benefit the community in any way.
The hall is held on a ten year lease from Warwickshire County Council which started on 1st November 2021 and the CIO is responsible for the upkeep and running of the hall. The Trustees are keen to explore further ways in which the Centre can provide support for the community.
Trustees
There are currently five Trustees (details on the Bishopton Community Centre CIO entry on the Charity Commission web site) who are responsible for running the CIO in accordance with its constitution.
Income and Expenditure
The financial year runs to 31[st] March. At the 31[st] March 2022 the predecessor organisation at the Centre was holding net current assets of £26,286.28 and these have been passed to the CIO during the financial year 2022/23.
People
The Centre does not have any employees. It does not raise funds from the public and does not have any trading subsidiaries. Its income comes from renting out the hall and from grants made by local bodies to support specific projects.
Governance
The CIO is governed by the rules laid down in its constitution, dated 3[rd] April 2020.
Contact details
Charles Bates 01789 293744. 2 Holbrook Road, Stratford CV37 9DZ.
Bishopton Community Centre CIO
Report and Accounts for the year ended 31st March 2022
Bishopton Community Centre is a Charitable Incorporated Organisation, Registered Charity no. 1188894, Charity Commission for England and Wales
Report of the Trustees
The Centre is located at Drayton Avenue, Stratford upon Avon, CV37 9PB, which is its principal office.
The objects of the CIO are identified in its Constitution, but are primarily to hire out the hall for use by local groups, thus benefitting the residents of Bishopton and the surrounding area through the provision of facilities for recreation, the advancement of education, religion and other leisure time activities.
Details of the current Trustees are available on the Charity Commission web site. The operation of the Centre during the year is as outlined in Note 1 to the accounts. This report and the financial information below, including the notes to the accounts, were approved by a meeting of the Trustees on 8th December 2022 and signed on their behalf by: Mike Stewart, Chairman
Accounts for the year ended 31st March 2022
| Income and expenditure Income - rental of hall Expenditure: cleaning utilities rates maintenance insurance net income from hall Less legal costs re new lease Net loss Balance shNet income / expenditure Fixed assets Net current assets Due from predecessor organisation 1/11/2021 Net loss above Net total assets Total CIO worth, represented as above |
840.40 467.42 63.00 205.89 415.00 |
Year ended Period to 31st March 31st March 2022 2021 £ £ 2178.00 0.00 1991.71 186.29 989.00 802.71 0.00 0.00 0.00 27088.99 -802.71 26286.28 0.00 26286.28 0.00 |
|---|---|---|
Notes to the accounts
1 Background
Bishopton Community Centre CIO was registered with the Charity Commission on 3rd April 2020. It was set up to take over the running of the Bishopton Community Centre hall, to be held on a ten year lease from Warwickshire County Council. For various reasons, but primarily the Covid pandemic, the lease was not signed until 1st November 2021.
The figures above therefore represent the trading of the Centre for the five months from 1st November 2021 to 31st March 2022.
The CIO was unable to open a bank account before the end of the financial year. The predecessor organisation therefore continued to assist the CIO by banking on its behalf and at the balance sheet date of 31/03/2022 held net assets, primarily cash at bank, as above on behalf of the CIO. These funds have now largely been passed to the CIO and this will be completed by the end of the current financial year.
2. Audit
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
3. Trustees' responsibilities
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
4. Accounting policies
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities Accounting (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. None of the assets currently held are restricted assets.
The CIO is exempt from Corporation tax on its charitable activities.
5. Trustees and employees benefits
None of the Trustees received any remuneration or expenses during the year or during the prior year. There are no paid employees.
6. Fixed and other assets
The previous organisation held a number of assets, mainly tables, chairs and kitchen equipment. These had been fully written down by the previous organisation and have have been passed without charge to the CIO. No value has been attached to these in the current accounts. There are no fixed assets.
7. Current assets
All of the assets held by the predecessor organisation are current and none are subject to restrictions.