Bishopton Community Centre CIO. Trustees' Annual Return information, year to 31st March 2024
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. 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.
In the earlier part of the year the Centre ran a ‘warm hub’ on Mondays. With the help of a Community Support Worker shared with another local Community Centre, this has now been taken forward as the 'Bishopton Social', to provide facilities and resources for local people.
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 31st March. At the 31st 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. During the year to 31st March 2024 the Centre had a net surplus of £6.337.43, leaving net year end assets of £ 34654.91.
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 3rd April 2020.
Contact details
Lorraine Mansfield, Phone: 07702719089; 14 Westholme Road, Bidford on Avon, B50 4AH
Report and Accounts for the year ended 31st March 2024
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
Page 1 of 4 Trustees' Annual Return information, year to 31st March 2024
BISHOPTON COMMUNITY CENTRE CIO
Accounts for year ended 31 March 2024
| Mar-24 | Mar-23 | |
|---|---|---|
| INCOME | £ | £ |
| Rental of Hall | 8913.61 | 7008.50 |
| Grants | 36240.00 | 0.00 |
| Total | £45,153.61 | £7,008.50 |
| EXPENDITURE | ||
| Rates | 657.71 | 222.72 |
| Water Rates | 163.22 | 0.00 |
| Gas/Electricity | 1125.76 | 1521.25 |
| Insurance | 1100.08 | 979.31 |
| Telephone/Broadband | 503.36 | |
| Maintenance | 17711.27 | 100.13 |
| Consumables | 1538.38 | 190.39 |
| Cleaning | 2846.72 | 1715.00 |
| Tutoring | 505.57 | 0.00 |
| Warm Hub | 1797.81 | 0.00 |
| Miscellaneous | 10866.30 | 0.00 |
| £38,816.18 | £4,728.80 | |
| BALANCE SHEET | £ | £ |
| Fixed Assets | 0.00 | 0.00 |
| Net Current Assets | ||
| Cash at Bank | 34610.21 | 28272.78 |
| Pety Cash | 44.70 | 44.70 |
| Receivables | 0.00 | 1892.50 |
| Prepaid Expenses | 0.00 | 480.00 |
| Accrued Expenses | 0.00 | -224.00 |
| Grants received not spent | 0.00 | -1900.00 |
| £34,654.91 | £28,565.98 | |
| Net Assets b/f | 28565.98 | 26286.28 |
| Income/(Loss) | 6337.43 | 2279.70 |
| 34903.41 | 28565.98 | |
| Adjustment for | ||
| Accruals/Prepayments | -248.50 | 0.00 |
| £34,654.91 | £28,565.98 |
Page 2 of 4 Trustees' Annual Return information, year to 31st March 2024
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 2024 figures represent a full year of activities.
2. 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 as set forth in paragraph 3 below
3. Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
(a) Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Companies Act 1985 and the Statement of Recommended Practice : Accounting and Reporting by Charities issued in March 2005.
(b) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. There were no restricted or designated funds held by the Charity for the year under review.
(c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy.
The following policies are applied to particular categories of income:
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Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
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Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
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Investment income is included when receivable.
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Incoming resources from charitable trading activity are accounted for when earned.
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Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
(d) Resources expended
Expenditure is recognised on a receipts and payments basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity’s shop, if applicable.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Page 3 of 4 Trustees' Annual Return information, year to 31st March 2024
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Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include any professional fees and costs linked to the strategic management of the charity.
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All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly,
(e) Fixed assets
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life. 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 were no fixed assets as at 31[st] March 2024.
4. Donations
There were no donations for the year under review
5. Incoming Resources from Activities to further the Charity’s Objects
Unrestricted Restricted 2024 2023 £ £ WCC County Fund 1,800 - Coventry & Warwick 2,910 - Orbit 400 - Lottery 11,500 - UK SPF Grant 19,630 -
6. Total Resources Expended
All costs were directly allocated to activities
7. Net Incoming Resources for the Year
This is stated after charging: 2024 2023 Depreciation. Nil Nil Auditors’ remuneration. Nil Nil Salaries & Wages Nil Nil
8. Trustee Remuneration & Related Party Transactions
No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023 – Nil). There are no paid employees.
9. Audit
Save where stated above, the CIO was entitled to exemption from audit pursuant to S477 of the Companies act 2006 relating to small companies. The member have not required the Company to obtain an audit in accordance with Section 476 of the Companies act 2006.
10 . Independent Examination of Company Records and Accounts
The Charity has requested an independent examination of Charity records and accounts, which was completed on 31[st] August 2024. The Independent Examiners Statement is attached to this report and accounts.
Page 4 of 4 Trustees' Annual Return information, year to 31st March 2024