REGISTERED CHARITY NUMBER: 1193501 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2024 FOR EThA COMMUNrrY CEKTRE NR ArLnnts Ltd Chartered Certtfied Accountants Registered Audilors 87 Bridge Road East Molesey Surrey K[8 9HH
ETNA COMMUNrrY CENTRE CONTENTS OF TrIE FINANCIAL STATEMENTS for the Year Ended 31 March 2024 Page Report of thè Trustees Independent Examinerfs Report Statement of Flnanelal ActivFties statemont of Financial Position Notes to the Financial Statements 6 to 13 Detailad Stat8m•nt of Finaneial Activibes 14 to 15
ETNA CommuiNty Centre ..n+ kear+ & roji The Trustees. rewrt and accounts year ended 31st March 2024 EtNA has been operating sir¢ce 3 December 1985. providing and managing a community centre for East Twickenham and adjoining areas. It is locally known as'The ETNA Communty Centre" and is based at 13 R05slyn Road. Twickenham.TWI 2AR. It has been a busy year for the Centre. with the Same varied timetable of actrwties. plus the addition of the local Mencap group using the Centre on a weekly basis for their social activity. The trustees and team were pleased the accessibility alterations made this possible. In addition, there has been an increase in ad-hoc bookings such as volunteer parties and other social events run by charities or private parties. The staff team has been working well together. and hours have been increased to meet the increased demand as well as an additional cleaner employed through an agency to cover weekends. The ReBI Junk Food Café have continued to feed the community and now have over 90 people per session. The team work tirelessly to collect, prepare and cook the food. thanks to Penny, Eve. Clare and the wonderful team of volunteers. Alongside this, EtNA continued The Hub on a Monday and Friday throughout the year, except school holidays. and this has seen a 8rowth in numbers attending. Richmond Counul ftjnded 54 sessions through the Cost- of-Living Grant. In March 24. a new initiative was launched= Popup Youth Fridays at ETNAI The se55ion was run by Yukiko, Domi and Azize with the help of Diran, as table tennis coach. The idea is to give 13-16-year-olds a safe Spa to hang out and meetlmake friends. The first session was a success and there are plans to run it monthly wlth the aim of securing funding. There have been several renovation projects this year including decoratirÈg the first-floor meeting rooms and an ofFice. Thanks go to Richmond Council for a new high-tech Intercom system and Fire Alarm kit which h35 made a big difference to clients and staff. The roof project wa5 finally completed in April 2024. thankfully. and the Community Kitchen was re-decorate(l in the summer. The 25-year lease, signed during the year, gives the Centre greater security which the trustees were keen to secure after all the investment that NA has made in the buildin& The Trustees are as follows: Sue Howes Ichairl Esther Sweetman (Deputy Chair) lan Fitzgerald (Treasurer) Penny Croucher Isecretaryl Geoff Acton Perminder Tamana Susan Chappell Kate Rodde Phil Langton Nicola Simpson (Treasurer elect) The Centre provides the residents of East Twickenham and the surrounding area a place to meet to advance educational opportunities. operate 5UPPOrt group5 and participate in recreational and leisurÈ-time activities. There are charity offices based at the Centre: Habitats and Heritage, Arts Richmond, The Conservation Volunteers ITCVI.
Choice Support, School and Family Works ISFWI, Embracing Age, Space2Grieve and Richmond Good Neighbours. The Rosslyn Road nursery and pre-school also runs from the Centre fNe mornings a week. Membership of ETNA is open to all persons over 18 living in East Twickenham and surrounding areas, to partners who use the ETNA Centre as their workplace. and to clients who run groups, classes, or one-to-one sessions at the Centre. The role of the trustees is to ensure good management and mairtenance of the Centre whilst ensuring its financial viability. This is so that the Centre can fulfil its main objecti¥e5 of serving the local community and being available to groups and individuals who wish to use IL Future ch311enges The Centres fin8nces are currently in sound order. The risks now would be from any loss of bookings or charity partner5. However, a5 space is in demand, the teawn feel that new activities or charity partners would not be difFicult to find in the current climate. However. the impart of the increased cost of Itving and rise in costs for running the Centre may still have an impatt going forward. Flnanclal results The financial results for the year together with the Independent Examiner's Report are attached to this report. This year income has increased on 202212023 and expenditure has been managed to enable investment into the property and IT systems to continue to keep the cent is in excellent working order. Reserve policy The special reserve fund is £25k. The monbes are set aside in the event of dosure. Thanks The Board of Trustees would like to thank all ot those who gNe their time and energy to run activities and groups at ETNA. Thanks also to all our project funders this year. and LBRUT councTrl fortheir continuing support. Special thanks go to our outgoing treasurer. lan Fitzgerald. for his sound financial judgement overthe last eight years arid for leaving EtNA in the comfortable financial posttion we find ourselves. Welcome to our new trustee, Nicola Simpson who joined us in November and is already lSed to take over the role of Tieasurer. The trustees especially want to thank the amazing EfNA office team for their dedication, hard work and enthusiasm in running the Centre. Finally. thanks go to the Board of Trustees for their continued support, diligence. and commitment in working with the office team to deliver the strategy for Approved by order of the Board of Trustees on June 2024 and $4gned on tts behalf by-. Sue Howes- Chair
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EfNA COMMUNrrY CENTRE Independent examinerfs report to the trustee5 of NA Community Centre I report to the charity trustees on my eXamat of a(uunts of ETNA Communty Centre {the TTU5tI for the year ended 31 March 2024. Responsibilities and basis of report As the charity t[U51 of the Trust you are reswnyble for the preparabon of Ihe aonts in ac(x)rdance wilh the quireMents of the Chaities Act 2011 Ilhe Acr). l Teport in respect of my examination of the Tnjsys acc(yJnts carried out under Section 145 of the Act and in carrying out my examination I have fdlowed all aPIcable Directv)ns gNen by the Charity Commission under Section 14515llbl of the Act_ Independent examinerfs sL*ement Since your chartys gross in(x>me exceeded £250,000 your examiner must be a member of a listed body. I can confim thal l am qualrfted to undertake the examinthn b9uSe l 8m a member of the A550ci8tion of Chartered Certifd ArUtants, which is one of Ihe listed trxxli&s. I have (x)mpleted my examinab"on. l (x)nfirm that no material matters have come to my attention in connectK)n with the exarnination gwing me cause to bdieve that in any material respect.. accounting records were nol kept in respect of the Trust as requir8d by S8clion 130 (rfthe ACL" or the accounts do not accord wth those rewrds" or th8 accounts do not comply wtth the applicaNe requiremerrts (xinceming the form and conlenl of accounts set oul in the Charities IAcn)unts arKI RetK>rtsl Regulations 2008 other than any requirement that the accounts give a Inje and fair Mew is rtot a matter considerèd 8$ Part of an independent examination. I have no concerns and have come across no other matiers in connection wth the examinab.on to which attenb.on sh¢)uld be drawn in this rep)rt in (r to enable a proper understanding of the accounts to be reached. Nitin Raja FCCA NR Accountants Ltd Charttrred Certifie(J A(x)xJntants Registered Audttors 87 Bridge Road East Molesey Surrey Kr8 9HH 17Junè 2024 Page 3
ETNA COMMUNrrY CEKfRE STATEMENT OF FINANCIAL ACTMTIES for the Year Ended 31 Mar¢h 2024 2024 Totsl fijnds 2023 Total funds Unrestrided funds Restricted funds Notes INCOME AND ENDOWMEPWS FROM Donations and legacies 60,650 70,200 66,268 Other trading ath"vib"gs Invgstm8nt income 284.674 1.541 284,674 1,541 252.700 445 Total 295.765 60,650 356,415 319,413 EXPENDrruRE ON Charitabl8 activiliès Costs of generdting funds 264.320 68,251 332.571 286.359 Other 8,041 8.041 Tots 272.361 68.251 340.612 293 818 NET INCOME1(EXPENDuRE) 23.404 {7,6011 15.803 25.595 RECONCILIATION OF FUNDS Totsl funds brought forward 86.494 242.711 329.205 303,610 TOTAL FUNDS CARRIED FORWARD 109.898 235.110 345.008 329.205 The notes form part of these ffinanual stateMts P8ge 4
ETNA COMMUNrrY CENTRE STATEMENT OF FINANCNL posmoN 31 March 2024 2024 Total funds 2023 Totsl ftjnds Unrestrtcled RestrÈctsJ funds ftjnds Not&8 FIXED ASSETS Tangible assets 18.993 233,(K14 251.997 262, CURRENT ASSETS Debto Cash at bank 31,765 78,012 31.765 80,119 33.552 2.107 109,777 2.107 111,884 78,841 CREDITORS Amounts falling due within one year 118.872) 118,873) 111,732} CURRENT ASSErs 90,905 93.011 TOTAL ASSETS LESS CURRENT LIABIUTIES 109.898 235.110 345.fy)8 329.205 ASSETS 109.898 235 110 345.(M)8 329.205 FUNDS Unrestricted funds Restricted funds 11 109.898 235,110 86,494 242,711 TOTAL FUNDS 345,008 329,205 The financial ststements wefe approv1 by the Board of Tmstèes and authorised for issue on 17 Jung 2024 and were signed on its be If by= l Fitzgerald- Trustee The notes fomi part of these financ4al staierrEnts Page 5
ETNA COMMUNifY CENTRE NOTES TO THE FINAMCIAL STATEmEs for the Year Ended 31 IAarch 2024 ACCOUNTING POUCIES Basls of preparing th8 finabKlal statemènts The finanaal slaten7ents of the charity, which i8 a public benefit entity under FRS 102, have been prepared in accordan wtth the Charrties SORP {FRS 1021 'AowurTrting aThl Reporting by Charities.. Stat8m8nt of R8comm8nd8d Practice applicable lo (arrtie5 weparing their a(wunts in accordance with the Financial Reporbng Standard appli¢2ble in the UK and Republ of Ireland IFRS 1021 leffective 1 January 20191., Finanual Reporting Standard 102 The Finanual RetK>rting Stsndard applicable in the UK and Republic of Iretan(S' and the Charities ArA 2011. Th8 fina ststements have been prepared under the histori¢al cost ¢OnVenb"t. Income All income is re(xKJnised in the St8twnent of FinarAal Acliwbes once the charity has entidemenl lo the funds, it is probalAe that the income wll b8 TNed and the aThv)unt be measured reliaNy. Expenditure Liabilities are reccb3nised as expenditure as soon as there is a al or conslrvctwe obligation committing the challty lo that expendtture. tt is probable that a transfer of economic bènèfits will be required in sètUèm8nt and thè amount (rf the obligation can be measured retiably. Expenditure is accounted for on an accruals basis and has been dassified und8r headings that aggregate all cost related to the category. Where costs cannol be directty atiribuled to parbcular headings have been 8lloo8led lo activities on a basis consistent wth the use of resources. Tanglblè fix assèts DepclaOn is provide¢J at the following annual rates in order to te off eath asset over its estimated usefvl lrfe. Short leasehdd Equipment. fijmiture fftbngs in accordan vAth the property . 20% on u)st Taxation The charity is exempt from tax on ils charItae activrbes. Fund accountlng Unrestricted funds can be Ltsed in accordart8 wrth thè thar[• objeetiV8s at the discrgtion of the trustees. Restricted funds can only be used for parbcular resln.cted purtK>ses wthin the objects of the charity. Restrictions arise when sFecified by the donor or when funds arè raised for partiGular reslrictsd purposes. Hlre pur¢has• and Ioaslng ¢ommitinents Rentals paid under operating leases are charged to the Ststemgnt of Fin8w81 Actswbes on a straight line basis over the pericJ of the lease. Ponsion costs and othèr postetirement benefits The charity operates a defined contribution n$)n scheme. contribub.ons payable to the charivs pension scheme are charged to the Statement of Financial Athitias in th8 riod to which they relate. Pagg 6 continued...
ETNA COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMEPfftS - continued for the Year Ended 31 March 2024 OTHER TRADING ACTllllnES 2024 2023 Rent reCeiVae Room hire Electricity refurKI re wevious yea 61,052 214.093 9,529 63,140 189,560 284,674 252,700 INVESTMENT INCOME 2024 2023 Interest receNable 445 TRUSTEES. REMUNERATION AND BENEFrrs There were no truslee5' remunerdtvjn or olher teneffts the year 31 Mah 2024 nor for the year ènded 31 March 2023. Trustees. expenses 2024 2023 Trustee5' expenses 1.035 377 STAFF COSTS 2024 2023 Wages and salaries Soaal se(yJrity costs Other pension c(Ists 155,753 9.220 2,495 98,016 4,410 1.765 167,468 104,191 The average monthty number of empby8es durtrvJ the year wa5 as fd1(ys.. 2024 2023 Offi FaCileS management No employees ¢eNed emduments in excess of£60.(. Paje 7 continued...
EfNA COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 Mar¢h 2024 COMPARAnVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestricted fvnds RestriGted funds Total funds INCOME AND ENDOWMEtirs FROM Donations and legacies 12.542 53,726 66,268 Othertrading acb"vibes Inveskn8nt incA)me 252,700 445 252,700 445 Total 265,687 53,726 319,413 EXPENDuRE ON Charitable activities Costs of generating funds 226.T13 59.586 286,359 Other 7.459 Total 234,232 59.586 293,818 INCOMEIIEXPENOITURE} Transfers between fvnds 31.455 15.8601 29.025 25.595 Net rnovement in funds 23.165 25.595 RECONCILIATION OF FUNDS Total funds brought forward 219,546 303,610 TOTAL FUNDS CARRIED FORWARD 86.494 242,711 329,205 Page 8 continued...
ETNA COMMUNtrY CENTRE NOTES TO THE FINANCIAL STATEMEKfs - continued for the Year Ended 31 Mah 2024 TANGIBLE FIXED ASSErs Equipment, lumrbjre and fitbngs Short leasehold Totals COST Al 1 April 2023 Additions 335.849 13.643 4.375 349.492 4,375 At 31 March 2024 335,849 18,018 353,867 DEPRECIATIOII At 1 April 2023 Charge for year 83,692 10.870 3.704 3,604 87.396 14,474 At 31 March 2024 7,308 101.870 NET BOOK VALUE At 31 March 2024 241,287 10.710 251.-997 At 31 March 2023 252.157 262,096 DEBTORS: AMoui¥fs FAWNG DUE WtTVIN ONE YEAR 2024 2023 Trade debtors Accrued income Prepaid expenses 22,236 9,529 19.944 10.400 3,208 31,765 33,552 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade editOrS Other creditors 6.692 12.181 11.732 18,873 11,732 Page 9 continued...
ETNA COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS- continu•d for the Year Ended 31 March 2024 10. LEASING AGREEMENTS The buikling from which the Charity operates is leased fr¢ the LorHJon 8Ugh of Richrnorsd urx)n Thaffles for a term of 15 Yea comrrenang from 1 4rri12016. The lease w8$ fijrther exiended by 25 years from 18 July 2023 to 17 July 2048. The Charity receives granl from the London Borough of Rich[nd upon Thames in the form of annual rent for the building_ This amounted to £46,96712023 £42.400) during the year. 11. P4lOVEMENT IN FUNDS Net movement in funds At 1.4.23 Al 31.3.24 Unrestricted funds General fund Special reserve 61.494 25.0(M) 23.404 84.898 25,000 86.494 23,404 109,898 Restricted funds Cornmunty Kitchen Fund LBRUT- Rent Grant Civic Pride 242.711 19.708} 1.783 324 233,003 1,783 324 242,711 7.601 235,110 TOTAL FUNDS 329.205 15.803 345.008 Net movement in fvnds, id in the atK)ve are as follows: I)mIng Tesources Resou expended Movement in funds Unrestricted funds Gansral fiJrKI 295.765 1272,3611 23,404 Restricted funds Cornmunty Krtchen Fund LBRUT- Rent Grant Civic Pride Local Area Fund 19,708) 146,9671 15,0351 6,5411 19,708) 1,783 324 48.750 5,359 6,541 68,2511 TOTAL FUNDS 356,415 340 6121 15,803 Page 10 continued...
ETNA COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMEKfs- c¢xrtinued for the Year Ended 31 March 2024 11. MOVEMENT IN FUNDS- continued Comparatives for rnovement in fund5 Nel nM)vemenl in fvnds Transfers At 1.4.22 fvnds At 31.3.23 Unrestrf¢tèd fund$ General fund Special reserve 31.455 {34.0251 61,494 25,000 20.(#J) 31,455 (29,025) 86,494 Restricted funds Community Kitchen FurKI Accessbilty Comrnunrty Fund Awning 215.464 27.247 1551 995 242.711 {5.077} 219.546 5,860 29,025 242.-711 TOTAL FUNDS 303.610 25.595 329,205 Comparative n81 nN)vement in funds, induded in Ihe aiK)ve are as fo11ry5'. Incoming resources Resour¢ expended Movement in fijnds Unr•$trlct•d funds General ftjnd 265,687 1234.232) 31,455 ReStCted funds Accessbility Community Fund LBRUT- Rent Grant Awning 926 {8711 15,0771 142,4001 11,2381 55 15.077} 42,400 10,400 838} 53.726 59.5861 5,8601 TOTAL FUNDS 319.413 293.8181 25.595 Page 11 contsnued..
ETNA COMMUNITY CENTrE NOTES TO THE FINANCIAL STATEMEPtrs- continued for the Year Ended 31 Mar¢h 2024 11. MOVEMENT IN FUNDS - continued A current year 12 I)nthS and piior year 12 monlhs oyi)bine(I wsrtN)n is as follows.. Net movement in furK15 Transfers beeen nds At 1.4.22 At 31.3.24 Unrestricted funds General fund Special reseThe 134,0251 5,000 84,898 25,000 54,859 (29.0251 109.898 Restricted funds Communily Kitchen Fund Accessbility Communty Fund LBRUT- Rent Grant Awning Civic Pride 215.464 19.708) 55 15,OT7) 1.783 (838} 324 27.247 1551 995 233,003 4.082 1.783 838 .324 219,546 13.461 29,025 235,110 TOTAL FUNDS 303.610 41,398 345,008 A current year 12 months ar¥J prior year 12 rnthS combined nel movefflent in fvnds, induded in the above are as follows". IncomiThJ Resour Movernenl in funds Unrèstricttd funds General fund 561.452 {506.5931 54.859 Restricted funds Community Kitchgn Fund Accessbility Comfflunity Fund LBRUT - Rent Granl Awning Pride Loeal Area Fund 19,7081 {8711 15,0771 (89,3671 (11,2381 15,0351 (9,7081 55 {5.0771 1,783 18381 324 926 91.150 10,4 6,541 114.376 127,837 TOTAL FUNDS 675,828 634,430} 41.398 Page 12 (x)ntinued...
ETNA COMMUNrrY CEKfRE NOTES TO THE FINANCIAL STATEMEp¥fs- continued for the Year Ended 31 M•r¢h 2024 12. RELATED PARTY DISCLOSURES There were rd8ted party tr¥ns#cbS the year ended 31 March 2024. 13. SPECIAL RESERVE The Trustees have set aside £25.0(J) {2023 £25,OCQ} as Speckgl reserve to meet non recurring but foreseeable costs lo meet the dosure (x55t of the Centre in the event that a renl impos(tion by the Council makes the Centre wable. Page 13
ETNA COMMUNrrY CENTRE DETAILED STATEMENT OF FINANCIAL ACTivmES for the Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants 2,863 186 66,268 70.200 66.268 Other tradlng adlvities Rènt receivable Room hire Electricsty refund re preViJS year5 61,052 214.093 9.529 63.140 189,560 284.674 252,700 Invèstment Incomè Interest r1Vable 1,541 .445 Total incoming resources 356.415 319,413 EXPENDITURE Charitable activities Wages Social securtiy Pensions Rent Rates and water Insurance Light arHI heat Repair5. rèrwials and m8intenarK Office expenses Advertising, website & tt Depreciation of tangible fixed assets 155,753 9,220 2.495 46,967 2.831 3,765 19,556 55,498 5.978 15,9 14,474 98.016 4.410 1,765 42,400 3.652 3,296 19,726 60.997 4.396 11,338 36.363 332.536 286,359 Support costs Finance Trustees. expenses Bank charges 1.035 346 3TI 207 1,381 This page dS not fomi part ofthe slatutory finanaal statements Page 14
ETNA COMMUNrrY CENTRE DETAILED STATEMETr OF FINANCIAL ACTIVMES for the Year Ended 31 March 2024 2024 2023 Finance Governance ¢osts Accountancy and legal fees 6,695 6.875 Total resources expended 293.878 Net incorne This page does not form part of the slattrtory financial statements Pa9e 15